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