Supreme Petrochem Ltd
Supreme Petrochem Ltd (SPLPETRO)

Supreme Petrochem Ltd (SPLPETRO)

₹877.950.96%

Key Stats

₹855
Day's Price Range
₹886
₹606.1
52-Week Price Range
₹1025
1 Month Return10.19 %
3 Month Return-6.01 %
1 Year Return21.64 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 9
EPS
Rank 9
BVPS
Rank 10
₹24.42
Dividend Yield
Rank 3
3.95%
ROE
Rank 2
54.94%
Price To Book Ratio
36.29
Debt To Asset
Rank 1
0.69

Company Information

Supreme Petrochem promoted by Supreme Industries SIL and R Raheja Investments was incorporated in Dec. 1989. It manufactures styrene monomer and polystyrene. The polystyrene plant was set up in collaboration with ABB Lumus Crest USA at Nagothane in Maharashtra with an installed capacity of 66000 TPA. Polystyrene is a thermoplastic resin having applications in television cabinets car components novelty items food packaging audio and video cassettes computers airconditioners and washing machines beeds bangles etc. It manufactures high quality polystyrene using the proven Huntsman process at its stateoftheart plant and has a market share of around 55.The polystyrene industry have experienced difficult conditions in the past mainly due to significant capacity additions and lower demand. This adversely affected the profitability of company But recently due the improvement in the global economy and particularly that of SouthEast Asia has resulted in improved demand for polystyrene. Also recovery in petrochemical prices has resulted in increase in polymer prices in recent times. Helped the company to improve its profitability.The company has been certified by several of the industrys leading certifying bodies. This stands as an assertion of the superior quality of its products and adherence to international standards. ISO 9002 from BVQI ISO 14001 from DNV Five Star ratings from the Companys Health and Safety Management System from British Safety Council Dr. R.J. Rathi Award for Environmental Pollution Control.In 19992000 to part finance its expansion project the company allotted 15000000 10.5 Cumulative Redeemable Preference Shares of Rs 10/ each aggregating to Rs 1500 lacs on private placement basis.During 20002001 it completed the expansion projects to increase the capacity of Polystyrene from 112000 TPA to 204000 TPA. Its Compounded Speciality Polystyrene facility with 17000 TPA commissioned successfully and was under trial runs. Also it has received approval for setting up a Jetty and Chemical Handling Terminal at Raigad Maharashtra.
OrganisationSupreme Petrochem Ltd
HeadquartersMumbai
IndustryPetrochemicals