📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Supreme Engineering Q2 FY23 Revenue Drops 60% YoY; Reports Net Loss of ₹5.69 Crore
Supreme Engineering Limited reported a weak performance for the quarter ended September 30, 2022, with revenue from operations falling sharply to ₹6.37 crore from ₹16.19 crore in the same period last year. The company posted a net loss of ₹5.69 crore, a significant reversal from the ₹0.82 crore profit recorded in Q2 FY22. High finance costs and a substantial reduction in operational scale have severely impacted margins. The company also underwent a management change with the appointment of a new Company Secretary following a resignation.
Key Highlights
Revenue from operations declined by 60.6% YoY to ₹637.12 lakhs in Q2 FY23.
Company swung to a net loss of ₹569.41 lakhs for the quarter compared to a profit of ₹81.82 lakhs YoY.
Total borrowings as of September 30, 2022, stood at approximately ₹100.63 crore.
Finance costs for the half-year ended September 2022 reached ₹128.82 lakhs.
Management announced the appointment of Mr. Hemant Agarwal as Company Secretary effective November 14, 2022.
💼 Action for Investors
Investors should exercise caution as the company shows signs of operational distress with declining revenues and a shift into losses. The high debt levels relative to equity and the sharp drop in business volume are significant red flags.
Supreme Industries Reports Strong Financial Ratios for Q3 FY26; Debt-Equity at 0.09
Supreme Industries has disclosed key financial metrics for the quarter ended December 31, 2025, in compliance with SEBI regulations for its listed commercial papers. The company maintains an exceptionally strong balance sheet with a debt-equity ratio of just 0.09 and a robust interest service coverage ratio of 35.91. For the nine-month period ending December 2025, the company reported a net profit of ₹529.12 crores and an EPS of ₹41.65. These figures highlight the company's high creditworthiness and stable operational margins.
Key Highlights
Debt-Equity ratio remains very low at 0.09 times, indicating minimal financial leverage.
Interest Service Coverage Ratio is exceptionally strong at 35.91 times.
Net Worth stood at ₹5,068.31 crores as of December 31, 2025.
Reported a Net Profit After Tax of ₹529.12 crores for the nine-month period with an EPS of ₹41.65.
Operating margin and Net profit margin recorded at 12.10% and 6.80% respectively.
💼 Action for Investors
Investors should view these healthy solvency and liquidity ratios as a sign of financial stability. The extremely low debt levels and high interest coverage make it a low-risk profile from a credit perspective.
Supreme Industries Appoints MD M.P. Taparia as Chairman and Managing Director
Supreme Industries Limited has announced the election of Shri M.P. Taparia as the Chairman of the Board and the Company, effective February 17, 2026. Mr. Taparia, who was already serving as the Managing Director, will now hold the dual role of Chairman and Managing Director (CMD). The decision was finalized during a Board Meeting held on February 17, 2026, which concluded at 11:40 a.m. This move consolidates leadership under a long-standing executive, ensuring continuity in the company's strategic direction.
Key Highlights
Shri M.P. Taparia elected as Chairman of the Board and Company effective February 17, 2026.
The appointee will now hold the dual designation of Chairman and Managing Director (CMD).
The Board Meeting confirming the appointment lasted 40 minutes, concluding at 11:40 a.m.
The change was disclosed in compliance with Regulation 30 of SEBI Listing Obligations.
💼 Action for Investors
This is a leadership consolidation that signals stability and continuity within the existing management framework. Investors should maintain their current outlook as no major shift in corporate strategy is expected from this internal elevation.
Supreme Infrastructure Q3 Results: Auditors Flag Major Irregularities and Insolvency Risks
Supreme Infrastructure's Q3 FY26 results are overshadowed by severe auditor qualifications regarding the company's financial health. The auditors highlighted a massive overstatement of profit and net worth by ₹2,78,805.87 lakhs due to improper interest reversals and non-accrual of current interest. Furthermore, the company faces significant exposure to subsidiaries SIBPL and SPITPL, both of which are under insolvency proceedings (CIRP), with investments and receivables exceeding ₹1,60,000 lakhs at risk. With accumulated losses of ₹93,378.27 lakhs and long-overdue receivables of ₹75,705.87 lakhs, the company's ability to continue as a going concern is under material uncertainty.
Key Highlights
Profit and net worth overstated by ₹2,78,805.87 lakhs due to unconfirmed interest reversals from three lenders.
Exposure of ₹142,556.84 lakhs in SIBPL and ₹15,677.22 lakhs in SPITPL, both currently under Corporate Insolvency Resolution Process (CIRP).
Long-overdue trade receivables of ₹75,705.87 lakhs have no Expected Credit Loss (ECL) adjustments despite lack of movement.
Failure to recognize a liability for a ₹26,191.13 lakhs corporate guarantee invoked by a lender of an erstwhile subsidiary.
Accumulated losses reach ₹93,378.27 lakhs, leading to a material uncertainty regarding the company's status as a going concern.
💼 Action for Investors
Investors should exercise extreme caution as the auditor's modified conclusion suggests the financial statements may not accurately reflect the company's dire fiscal position. The high level of debt, insolvency of subsidiaries, and massive potential liabilities make this a high-risk situation.
Supreme Engineering Q3 FY26 Results: Marginal Profit of ₹2 Lakhs Amidst Negative Net Worth
Supreme Engineering reported a marginal net profit of ₹2 Lakhs for the quarter ended December 31, 2025, compared to a loss of ₹22 Lakhs in the preceding quarter. Despite this small profit, the company's financial health remains critical with a negative net worth and loan accounts classified as NPA since August 2021. Total revenue for the nine-month period stood at ₹241 Lakhs with a cumulative net loss of ₹23 Lakhs. The auditor has raised a 'Going Concern' warning due to persistent losses, unpaid statutory dues, and significant regulatory non-compliances.
Key Highlights
Reported a marginal net profit of ₹2 Lakhs in Q3 FY26 against a loss of ₹22 Lakhs in Q2 FY26.
Total revenue for the nine-month period ended December 31, 2025, was ₹241 Lakhs.
Company net worth is negative as current liabilities exceed total assets, with loans in NPA status since 2021.
Significant regulatory lapses noted, including the absence of a Company Secretary and unfiled tax returns for FY20 and FY21.
Management has applied for a One Time Settlement (OTS) with banks and deposited a 10% preliminary amount.
💼 Action for Investors
Investors should exercise extreme caution as the company faces severe structural risks, including a negative net worth and multiple legal non-compliances. The marginal quarterly profit is insufficient to mitigate the substantial 'Going Concern' uncertainty and debt default issues.
Supreme Infrastructure Gets In-Principle Approval to List 7.1 Crore Equity Shares
Supreme Infrastructure India Limited has received in-principle approval from both BSE and NSE for the listing of 7,10,37,388 equity shares. These shares were issued on a preferential basis to promoters and non-promoters at a face value of Rs. 10 plus a premium of Rs. 76.94 per share. This move follows the company's efforts to restructure its capital and raise funds. Trading of these shares will be permitted once the company receives final credit confirmation from depositories like NSDL and CDSL.
Key Highlights
Received in-principle approval for listing 7,10,37,388 equity shares of Rs. 10 each.
Shares were issued at a premium of Rs. 76.94 per share, totaling an issue price of Rs. 86.94.
The preferential allotment includes both Promoter and Non-promoter categories.
Trading approval is pending final confirmation of share credits from NSDL and CDSL.
Company must file shareholding patterns if the change exceeds 2% of total paid-up capital.
💼 Action for Investors
Investors should note the significant equity dilution resulting from this large issuance but view the regulatory progress as a positive step for the company's capital restructuring. Monitor the upcoming trading approval date for potential impact on liquidity.
Supreme Industries Announces Demise of Chairman Shri Bajranglal Surajmal Taparia
Supreme Industries Limited has informed the exchanges of the sad demise of its Chairman, Shri Bajranglal Surajmal Taparia, on January 30, 2026. He served as a Promoter and Non-Executive Director, playing a pivotal role in the company's long-term growth. The company has described his passing as an irreparable loss to the organization. Investors should now look for updates regarding the appointment of a successor to the Chairman's position to ensure leadership continuity.
Key Highlights
Demise of Chairman and Promoter Shri Bajranglal Surajmal Taparia on January 30, 2026
The deceased held the position of Non-Executive Director on the Board
Notification filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Company management acknowledges the event as an irreparable loss to the Board and employees
💼 Action for Investors
Investors should monitor upcoming board meetings for the announcement of a new Chairman and any potential changes in the promoter group's involvement.
Supreme Industries Q3 FY26: Piping Volume Grows 16%, FY26 Margin Guidance Revised to 13.5-14%
Supreme Industries reported a 10% volume growth for 9M FY26, though PAT declined 22% YoY to ₹520 crores due to volatile polymer prices and lower margins. The Plastic Piping segment remains the primary driver, growing 16% in volume during Q3, with total piping capacity set to reach 1 million MT per annum by year-end. Management has revised its full-year EBITDA margin guidance downward to 13.5-14% while maintaining a strong overall volume growth target of 12-14%. The company is also expanding into window profiles and composite LPG cylinders, backed by a total FY26 capex of ₹1,200 crores.
Key Highlights
9M FY26 volume grew 10% to 522,018 MT, while PAT fell 22% to ₹520 crores.
Plastic Piping segment saw 16% volume growth in Q3, with a target of 15-17% for the full year.
Total FY26 capex estimated at ₹1,200 crores, including the Wavin business acquisition and new window profile plant.
EBITDA margin guidance for FY26 revised to 13.5-14% from the earlier 14.5-15% range due to pricing volatility.
Received a new LOI for 2 lakh composite LPG cylinders from BPCL to be executed in the current quarter.
💼 Action for Investors
Investors should monitor the recovery in polymer prices and the integration of the Wavin acquisition, which are critical for margin improvement. While volume growth remains robust, the downward revision in margin guidance suggests short-term profitability pressure.
Supreme Industries Q3 Results: Revenue Up 7%, PAT Down 18% Amid Margin Pressure
Supreme Industries reported a 6.8% YoY increase in consolidated revenue to ₹2,690.71 crore for Q3 FY26, supported by a healthy 12.9% growth in sales volume. However, consolidated PAT declined by 18% YoY to ₹153.37 crore as operating margins contracted to 12.01% from 13.13% in the previous year. The company is aggressively expanding, with a 9-month capex of ₹1,031 crore and plans to reach a 1 million MT piping capacity by March 2026. Management remains optimistic about volume growth of 12-14% for the full year as polymer prices show signs of stabilization.
Key Highlights
Consolidated revenue grew 6.83% YoY to ₹2,690.71 crore, while sales volume increased 12.94% to 183,794 MT.
Consolidated PAT fell 17.97% YoY to ₹153.37 crore due to lower operating margins and volatile commodity prices.
Value-added product sales increased by 16% YoY to ₹1,118 crore, indicating a positive shift in product mix.
Total capex for FY26 is projected at ₹1,200 crore, funded entirely through internal accruals, including the Wavin business acquisition.
Plastic Piping capacity is on track to reach 1 million MT per annum by March 31, 2026, with new production lines for profile windows starting in February 2026.
💼 Action for Investors
Investors should monitor the recovery in operating margins as polymer prices stabilize and the newly acquired Wavin business fully integrates. While short-term profitability is under pressure, the company's aggressive capacity expansion and focus on value-added products support a strong long-term growth outlook in the housing and infrastructure sectors.
Supreme Industries Q3 FY26: Revenue Up 7% to ₹2,687 Cr, PAT Declines 11.8% YoY
Supreme Industries reported a 7% YoY increase in revenue to ₹2,687 crore for Q3 FY26, supported by a healthy 13% growth in sales volume reaching 183,794 MT. Despite the top-line growth, profitability was impacted as PAT fell 11.78% YoY to ₹158.47 crore and EBITDA margins contracted to 11.68% from 12.31%. The 9M FY26 performance also reflects margin pressure, with PAT down 16.7% YoY. The Plastic Piping segment remains the dominant contributor, though finance costs spiked significantly by 282% during the quarter.
Key Highlights
Sales volume grew 13% YoY to 183,794 MT in Q3 FY26, indicating strong market demand.
Standalone PAT declined 11.78% YoY to ₹158.47 crore due to margin compression and higher costs.
EBITDA margins stood at 11.68% for Q3 FY26, down from 12.31% in the same quarter last year.
Plastic Piping segment revenue increased to ₹1,823 crore, while Packaging Products revenue dipped slightly to ₹390 crore.
Finance costs surged by 282% YoY to ₹11.39 crore in Q3 FY26 compared to ₹2.98 crore in Q3 FY25.
💼 Action for Investors
Investors should focus on the company's ability to pass on raw material costs to recover margins, despite the robust volume growth. Monitor the impact of rising finance costs on overall profitability in upcoming quarters.
Supreme Industries Q3 PAT Drops 18% YoY to ₹153 Cr Despite 7% Revenue Growth
Supreme Industries reported a 7.1% YoY increase in consolidated revenue to ₹2,686.94 crore for Q3 FY26, showing steady demand in its core piping business. However, Consolidated Profit After Tax (PAT) declined by 18% YoY to ₹153.37 crore, primarily due to a sharp rise in finance costs and a lower contribution from its associate, Supreme Petrochem. The bottom line was also impacted by a one-time provision of ₹15.38 crore related to the implementation of new Labour Codes. Segment-wise, Plastic Piping remains the primary driver, though margins across the board faced pressure compared to the previous year.
Key Highlights
Consolidated Revenue from operations increased 7.1% YoY to ₹2,686.94 crore.
Consolidated PAT fell 18% YoY to ₹153.37 crore from ₹186.97 crore in Q3 FY25.
Finance costs surged significantly to ₹11.40 crore from ₹2.98 crore in the year-ago quarter.
Share of profit from associate (Supreme Petrochem) declined to ₹9.41 crore from ₹21.96 crore YoY.
Recognized a one-time incremental liability provision of ₹15.38 crore for new Labour Codes.
💼 Action for Investors
The results indicate margin pressure and rising interest costs which may weigh on the stock price in the short term. Investors should watch for management commentary on raw material price volatility and the outlook for the piping segment's profitability.
Supreme Industries to Acquire 25% Stake in Vashishtha Research for ₹5 Crores
Supreme Industries has entered into a Share Subscription and Shareholders Agreement to invest ₹5 Crores in Vashishtha Research Private Limited. This investment secures a 25% equity stake for Supreme on a fully diluted basis. The partnership is strategic, as Vashishtha will serve as the exclusive technology partner for the development and commercialization of pressure vessels. Supreme also gains the right to nominate a director to the board of Vashishtha Research.
Key Highlights
Investment of ₹5 Crores for a 25% equity stake in Vashishtha Research Private Limited
Vashishtha Research to act as the exclusive technology partner for pressure vessel development
Supreme Industries secures the right to nominate one Director to the Vashishtha Board
Agreement includes standard protective clauses such as Right of First Refusal (ROFR)
The transaction is not a related party transaction and is conducted at arm's length
💼 Action for Investors
Investors should view this as a positive strategic move to enhance technical expertise in the high-growth pressure vessel segment. Monitor the progress of commercialization of these products as it could diversify Supreme's industrial revenue streams.
Supreme Infrastructure Reports Major SDD Compliance Gap with Only 1 of 10 Events Captured
Supreme Infrastructure India Limited has filed its Structured Digital Database (SDD) compliance certificate for the period April 1, 2025, to January 13, 2026. The report highlights a significant regulatory lapse, as the company captured only 1 out of 10 required events involving Unpublished Price Sensitive Information (UPSI). While the company has a non-tamperable database system in place, the 90% failure rate in recording mandatory events violates SEBI (Prohibition of Insider Trading) Regulations. This indicates potential weaknesses in the company's internal governance and compliance monitoring frameworks.
Key Highlights
Company failed to record 9 out of 10 required UPSI events in the Structured Digital Database.
The review period covers April 1, 2025, to January 13, 2026.
Compliance certificate was issued by Practising Company Secretary Amruta Giradkar.
The existing SDD system is reportedly non-tamperable and capable of maintaining records for 8 years despite the missing entries.
Non-compliance with SEBI PIT Regulations may lead to regulatory scrutiny or penalties.
💼 Action for Investors
Investors should exercise caution as the high rate of non-compliance regarding insider trading records suggests weak internal controls. Monitor for any subsequent show-cause notices or penalties from SEBI that could impact the company's reputation.
Supreme Infrastructure to Hold AGM on Jan 28; Proposes ₹5,000 Cr Borrowing Limit
Supreme Infrastructure India Limited has scheduled its 42nd Annual General Meeting (AGM) for January 28, 2026. The company is seeking shareholder approval for a significant increase in its borrowing limit to ₹5,000 crores, superseding a decade-old resolution from 2014. Other key agenda items include the adoption of FY 2024-25 financial results and the appointment of Mr. Chander Prakash Sharma as an Independent Director for a five-year term. The record date for voting eligibility is fixed as January 21, 2026.
Key Highlights
42nd AGM scheduled for January 28, 2026, via video conferencing.
Special resolution proposed to increase borrowing powers up to ₹5,000 crores.
Record date for determining shareholder voting rights is January 21, 2026.
Appointment of Mr. Chander Prakash Sharma as Independent Director for a term ending November 2030.
Ratification of Cost Auditor remuneration at ₹50,000 for the upcoming financial year.
💼 Action for Investors
Investors should monitor the company's explanation for the substantial ₹5,000 crore borrowing limit and review the FY25 annual report for signs of debt restructuring or expansion plans.
Supreme Infrastructure Forms IDC for Open Offer to Acquire 26% Stake at ₹97.60 Per Share
Supreme Infrastructure India Limited has constituted a Committee of Independent Directors (IDC) to evaluate an Open Offer for the acquisition of up to 66,81,577 equity shares. This represents 26% of the company's pre-preferential share capital at an offer price of ₹97.60 per share. The IDC, chaired by Sushil Kumar Mishra, is tasked with providing a reasoned recommendation to shareholders regarding the offer's fairness. This move follows the Detailed Public Statement issued on December 23, 2025, under SEBI (SAST) Regulations.
Key Highlights
Open Offer to acquire 66,81,577 equity shares representing 26% of pre-preferential capital
Offer price set at ₹97.60 per equity share of ₹10 face value
Committee of Independent Directors (IDC) formed with 4 members to provide recommendations
IDC chaired by Sushil Kumar Mishra to ensure compliance with SEBI (SAST) Regulations
Detailed Public Statement (DPS) for the offer was previously published on December 23, 2025
💼 Action for Investors
Investors should compare the current market price with the offer price of ₹97.60 and wait for the IDC's formal recommendation before deciding whether to tender their shares.
Supreme Engineering Reports Q2 FY26 Net Loss of ₹1.65 Cr; Net Worth Remains Negative
Supreme Engineering Limited reported a net loss of ₹164.90 lakhs for the quarter ended September 30, 2025, reversing a small profit of ₹7.32 lakhs in the previous quarter. Revenue from operations declined significantly by 38.8% quarter-on-quarter to ₹513.63 lakhs. The company continues to operate with a negative net worth, and its secured loan accounts have remained NPAs since August 2021. Furthermore, the auditor's report highlights severe regulatory non-compliances, including unfiled tax returns and the absence of a Company Secretary.
Key Highlights
Net loss of ₹164.90 lakhs in Q2 FY26 compared to a profit of ₹7.32 lakhs in Q1 FY26.
Revenue from operations fell to ₹513.63 lakhs from ₹839.01 lakhs in the preceding quarter.
Company's net worth is deeply negative, with total liabilities of ₹12,066.61 lakhs far exceeding total assets of ₹3,119.43 lakhs.
Secured loan accounts are classified as NPAs since August 2021, with no interest or principal servicing since that date.
Auditors flagged multiple non-compliances, including failure to file income tax returns for FY 2019-20 and FY 2020-21.
💼 Action for Investors
Investors should exercise extreme caution as the company is in severe financial distress with negative net worth and ongoing NPA status. The multiple regulatory non-compliances and auditor concerns regarding 'going concern' status make this a high-risk stock.
Supreme Industries Reaffirms CRISIL AA+/Stable Rating for Rs 1710.9 Cr Bank Facilities
Supreme Industries Limited has received a reaffirmation of its credit ratings from CRISIL Ratings Limited. The agency maintained the Long Term Rating at CRISIL AA+/Stable and the Short Term Rating at CRISIL A1+ for bank loan facilities totaling Rs 1,710.9 crore. Additionally, the rating for the company's Rs 200 crore commercial paper program was reaffirmed at CRISIL A1+. This reaffirmation underscores the company's strong credit profile and stable financial outlook in the plastic products sector.
Key Highlights
CRISIL reaffirmed Long Term Rating at AA+/Stable for Rs 1710.9 crore bank facilities
Short Term Rating for bank facilities maintained at the highest level of CRISIL A1+
Commercial paper rating of Rs 200 crore reaffirmed at CRISIL A1+
Ratings reflect the company's robust financial health and dominant market position
💼 Action for Investors
The reaffirmation of high credit ratings indicates low default risk and strong financial stability. Investors can remain confident in the company's ability to manage its debt and fund future operations at competitive rates.
Supreme Engineering Q1 FY26 Revenue Up 120% to ₹8.4 Cr; Auditors Flag Going Concern Risk
Supreme Engineering reported a revenue of ₹839.91 Lakhs for Q1 FY26, a significant jump from ₹382.25 Lakhs in the same quarter last year. However, net profit fell sharply to ₹7.32 Lakhs compared to ₹53.18 Lakhs in Q1 FY25. The auditors have issued a stern 'Emphasis of Matter' regarding the company's negative net worth and its status as a Non-Performing Asset (NPA) since August 2021. Additionally, the company is facing severe regulatory lapses, including the absence of a Company Secretary and unfiled tax returns for previous years.
Key Highlights
Revenue from operations increased by 120% YoY to ₹839.91 Lakhs in Q1 FY26.
Net profit for the quarter declined to ₹7.32 Lakhs from ₹53.18 Lakhs in the previous year's corresponding quarter.
Auditors flagged material uncertainty over 'Going Concern' as current liabilities exceed total assets and net worth is negative.
Loan accounts have been classified as NPA since August 19, 2021, with no interest or principal being serviced.
Multiple regulatory non-compliances noted, including missing Company Secretary, no Internal Audit, and unfiled Income Tax returns for FY 2019-20 and 2020-21.
💼 Action for Investors
Investors should exercise extreme caution as the company's negative net worth and NPA status pose a high risk of total capital loss. The severe audit qualifications and regulatory non-compliances indicate significant internal governance issues.
Supreme Infra Secures ₹71.30 Crore Order for Powai Project
Supreme Infrastructure India Ltd. has secured a major order worth ₹71.30 crore for the One Forest Avenue project in Powai. The Letter of Intent (LOI) was received from Brookfield-backed BSS Property Ventures and Rajeshwar Property Ventures. The project involves excavation of 450,000 Cubic Meters and installation of 300 mm diameter shore piling. This contract is expected to boost the company's order book and revenue visibility for the upcoming fiscal year, enhancing topline growth prospects.
Key Highlights
Secured order worth ₹71.30 Crore for One Forest Avenue Project.
Excavation of 450,000 Cubic Meters of soil and rock.
Installation of 300 mm diameter shore piling with 15 meters average depth.
Contract awarded by Brookfield-backed BSS Property Ventures and Rajeshwar Property Ventures.
💼 Action for Investors
This order improves Supreme Infrastructure's revenue visibility; investors should monitor the company's progress on this project and its impact on future earnings. Keep an eye on further contract wins in the high-margin commercial real estate sector.
Supreme Infra secures ₹71.31 Crore contract for excavation work
Supreme Infrastructure India Limited has secured a contract worth ₹71.31 crore for major excavation and shore piling works at One Forest Avenue, Powai. The contract was awarded by BSS Property Ventures Private Limited and Rajeshwar Property Ventures Private Limited. The project involves excavation of 4,50,000 Cubic Meters and shore piling with an average depth of 15 meters. The project is expected to be completed in 12 months and represents the first phase of a larger development.
Key Highlights
Secured contract of ₹71.31 Crore
Excavation of 4,50,000 Cubic Meters
Shore piling with an avg depth of 15 meters
Project to be completed over a period of 12 months
💼 Action for Investors
This new contract is a positive sign for Supreme Infrastructure. Investors should monitor the company's progress in executing this project and its impact on future revenue.