Supreme Industries - Another Quarter Of Superlative Performance: IDBI Capital
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Supreme Industries - Another Quarter Of Superlative Performance: IDBI Capital


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.

IDBI Capital Report

Supreme Industries Ltd.’s Q4 FY21 result was a beat to our as well as consensus estimates on all parameters.

The company reported net sales of Rs 20.8 billion, increased by 45.7% YoY, while Ebitda came in at Rs 5.1 billion, a robust growth of 86.4% over Q4 FY20.

It reported net profit of Rs 4.5 billion, higher by 284% YoY.

The company reported inventory gain of Rs 2,000 million in current quarter, which resulted in superlative performance of the company.

The management remains committed to new products launches and capacity expansion to strengthen further market share in the domestic market as well as increase export sales in future.

Click on the attachment to read the full report:

IDBI Capital Supreme Industries Q4FY21 Result Review.pdf


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