Dolat Capital: Supreme Industries - Revival In Overall Volumes Coupled With Higher Realizations,  Expansion In Margins
Flameguard C-PVC Pipes manufactured by Supreme Industries Ltd. (Source: Company website)

Dolat Capital: Supreme Industries - Revival In Overall Volumes Coupled With Higher Realizations, Expansion In Margins

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Supreme Industries Ltd. results above estimates on revenue front as there was an overall revival seen in volumes across segments.

Gross margins expanded by 425 basis points YoY driven by higher realizations, better product mix and inventory gains due to increase in PVC prices.

Share of value added products increased by 9% YoY.

The company reported volume de-growth of 2% in piping segment in Q2 FY21, as the non-agriculture segment supported in the revival of volumes with improvement in demand for new houses.

Click on the attachment to read the full report:

Dolat Capital Supreme Industries Q2FY21 Result Update.pdf

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