THE SUPREME INDUSTRIES LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4,955 INR | +14.21% |
|
+17.83% | +9.07% |
| Apr. 29 | Jefferies Adjusts Supreme Industries’ Price Target to INR5,390 From INR5,650, Keeps at Buy | MT |
| Apr. 26 | Transcript : The Supreme Industries Limited, Q4 2024 Earnings Call, Apr 26, 2024 |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 141,933 | 110,221 | 259,478 | 260,049 | 319,288 | 629,437 | - | - |
| Enterprise Value (EV) 1 | 143,128 | 112,224 | 252,007 | 254,840 | 311,828 | 525,730 | 616,340 | 608,416 |
| P/E ratio | 31.6 x | 23.6 x | 26.5 x | 26.9 x | 36.9 x | 50.3 x | 47.9 x | 40.6 x |
| Yield | 1.16% | 1.61% | 1.08% | 1.17% | 1.03% | 0.71% | 0.68% | 0.77% |
| Capitalization / Revenue | 2.53 x | 2 x | 4.08 x | 3.35 x | 3.47 x | 5.3 x | 5.25 x | 4.54 x |
| EV / Revenue | 2.55 x | 2.04 x | 3.96 x | 3.28 x | 3.39 x | 5.19 x | 5.14 x | 4.39 x |
| EV / EBITDA | 17.7 x | 13 x | 19.6 x | 20.5 x | 26 x | 34 x | 32.7 x | 27.3 x |
| EV / FCF | 68.2 x | 38 x | 24.7 x | 5,818 x | 66.9 x | 60.9 x | 109 x | 59.7 x |
| FCF Yield | 1.47% | 2.63% | 4.05% | 0.02% | 1.49% | 1.64% | 0.92% | 1.67% |
| Price to Book | 6.59 x | 4.87 x | 8.19 x | 6.76 x | 7.25 x | 10.6 x | 10.7 x | 9.06 x |
| Nbr of stocks (in thousands) | 127,027 | 127,027 | 127,027 | 127,027 | 127,027 | 127,027 | - | - |
| Reference price 2 | 1,117 | 867.7 | 2,043 | 2,047 | 2,514 | 4,955 | 4,955 | 4,955 |
| Announcement Date | 5/7/19 | 5/22/20 | 5/3/21 | 4/29/22 | 4/28/23 | 4/26/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 56,120 | 55,115 | 63,571 | 77,728 | 92,016 | 101,343 | 119,886 | 138,702 |
| EBITDA 1 | 8,067 | 8,658 | 12,842 | 12,421 | 11,997 | 15,473 | 18,872 | 22,251 |
| EBIT 1 | 6,232 | 6,601 | 10,715 | 10,126 | 9,363 | 12,490 | 15,466 | 18,316 |
| Operating Margin | 11.1% | 11.98% | 16.85% | 13.03% | 10.18% | 12.32% | 12.9% | 13.21% |
| Earnings before Tax (EBT) 1 | 6,644 | 6,413 | 10,662 | 10,274 | 9,580 | 12,985 | 16,241 | 19,253 |
| Net income 1 | 4,486 | 4,674 | 9,781 | 9,684 | 8,653 | 10,697 | 13,031 | 15,411 |
| Net margin | 7.99% | 8.48% | 15.39% | 12.46% | 9.4% | 10.56% | 10.87% | 11.11% |
| EPS 2 | 35.32 | 36.80 | 77.00 | 76.24 | 68.12 | 84.21 | 103.4 | 122.2 |
| Free Cash Flow 1 | 2,098 | 2,954 | 10,198 | 43.8 | 4,660 | 8,636 | 5,676 | 10,190 |
| FCF margin | 3.74% | 5.36% | 16.04% | 0.06% | 5.06% | 8.52% | 4.73% | 7.35% |
| FCF Conversion (EBITDA) | 26% | 34.12% | 79.41% | 0.35% | 38.84% | 55.81% | 30.08% | 45.8% |
| FCF Conversion (Net income) | 46.76% | 63.2% | 104.26% | 0.45% | 53.85% | 80.73% | 43.56% | 66.12% |
| Dividend per Share 2 | 13.00 | 14.00 | 22.00 | 24.00 | 26.00 | 30.00 | 33.85 | 38.19 |
| Announcement Date | 5/7/19 | 5/22/20 | 5/3/21 | 4/29/22 | 4/28/23 | 4/26/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 27,077 | 24,287 | 18,438 | 20,846 | 13,421 | 19,285 | 19,451 | 25,571 | 22,060 | 20,921 | 23,107 | 25,983 | 23,686 | 22,365 | 25,658 | 27,880 | 27,435 |
| EBITDA 1 | 3,402 | 3,730 | 4,016 | 5,097 | 2,220 | 3,108 | 3,179 | 3,914 | 2,689 | 1,471 | 3,034 | 4,803 | 3,216 | 3,187 | 3,828 | 4,676 | 4,225 |
| EBIT 1 | - | - | - | - | - | 2,537 | 2,604 | 3,326 | - | - | 2,386 | 4,082 | 2,495 | 2,951 | 3,152 | 3,830 | 3,471 |
| Operating Margin | - | - | - | - | - | 13.15% | 13.39% | 13.01% | - | - | 10.33% | 15.71% | 10.54% | 13.19% | 12.29% | 13.74% | 12.65% |
| Earnings before Tax (EBT) 1 | 2,526 | 2,828 | 3,481 | 4,581 | 1,681 | 2,571 | 2,629 | 3,393 | 2,102 | 866 | 2,457 | 4,156 | 2,620 | 2,484 | 3,280 | 3,967 | 3,747 |
| Net income 1 | 2,267 | 2,155 | 3,123 | 4,504 | 1,702 | 2,287 | 2,457 | 3,239 | 2,138 | 820.2 | 2,100 | 3,594 | 2,155 | 2,127 | 2,544 | 3,180 | 2,810 |
| Net margin | 8.37% | 8.87% | 16.94% | 21.61% | 12.68% | 11.86% | 12.63% | 12.67% | 9.69% | 3.92% | 9.09% | 13.83% | 9.1% | 9.51% | 9.92% | 11.41% | 10.24% |
| EPS 2 | - | - | 24.58 | 35.46 | 13.40 | 18.00 | 19.34 | 25.50 | 16.84 | 6.460 | 16.53 | 28.30 | 16.97 | 16.47 | 18.93 | 22.83 | 22.10 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/25/19 | 10/28/20 | 1/23/21 | 5/3/21 | 7/21/21 | 10/22/21 | 1/24/22 | 4/29/22 | 7/25/22 | 10/31/22 | 1/24/23 | 4/28/23 | 7/28/23 | - | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,195 | 2,002 | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 7,471 | 5,210 | 7,461 | 11,873 | 13,098 | 21,021 |
| Leverage (Debt/EBITDA) | 0.1481 x | 0.2313 x | - | - | - | - | - | - |
| Free Cash Flow 1 | 2,098 | 2,954 | 10,198 | 43.8 | 4,660 | 8,636 | 5,677 | 10,190 |
| ROE (net income / shareholders' equity) | 22.2% | 21.2% | 36% | 27.6% | 21% | 22.5% | 23.6% | 23.7% |
| ROA (Net income/ Total Assets) | 14.6% | 13.7% | 24.8% | 20.9% | 16.2% | 17.5% | 15.6% | 14.8% |
| Assets 1 | 30,827 | 34,239 | 39,505 | 46,391 | 53,450 | 61,250 | 83,530 | 104,127 |
| Book Value Per Share 2 | 170.0 | 178.0 | 249.0 | 303.0 | 346.0 | 398.0 | 463.0 | 547.0 |
| Cash Flow per Share 2 | 43.90 | 42.30 | 98.10 | 37.00 | 70.10 | 111.0 | 134.0 | 129.0 |
| Capex 1 | 3,472 | 2,417 | 2,266 | 4,699 | 4,243 | 5,493 | 8,843 | 6,760 |
| Capex / Sales | 6.19% | 4.38% | 3.56% | 6.05% | 4.61% | 5.42% | 7.38% | 4.87% |
| Announcement Date | 5/7/19 | 5/22/20 | 5/3/21 | 4/29/22 | 4/28/23 | 4/26/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
4,955
INR
Average target price
4,693
INR
Spread / Average Target
-5.29%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +9.07% | 6.61B | |
| +5.40% | 40.29B | |
| -20.74% | 20.6B | |
| -12.50% | 13.21B | |
| -9.74% | 9.69B | |
| -10.43% | 9.66B | |
| +7.62% | 6.42B | |
| -24.99% | 5.29B | |
| -21.00% | 3.3B | |
| -29.70% | 3.06B |
- Stock Market
- Equities
- SUPREMEIND Stock
- Financials The Supreme Industries Limited
