Operating profit margin has jumped from 11.11% to 16.54%, leading to 89.59% rise in operating profit to Rs 222.01 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 65.11% to 66.38%. Purchase of finished goods cost rose from 0.87% to 1.95%. Employee cost decreased from 7.19% to 5.34%. Other expenses fell from 13.53% to 11.55%. Power and Oil fuel cost fell from 3.96% to 2.95%.  

Other income rose 119.29% to Rs 4.32 crore. Provision for interest fell 77.53% to Rs 2.13 crore. Provision for depreciation rose 10.50% to Rs 56.1 crore. Profit before tax grew 185.79% to Rs 168.10 crore. Provision for tax was expense of Rs 42.96 crore, compared to Rs 14.64 crore. Effective tax rate was 20.16% compared to 26.54%. 

Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 319.84% to Rs 170.16 crore.

FY 2021 consolidated results  

Net sales (including other operating income) of Supreme Industries has increased 15.34% to Rs 6357.06 crore. Sales of Plastics Piping Products segment has gone up 18.98% to Rs 4,098.79 crore (accounting for 64.48% of total sales). Sales of Industrial Products segment has gone up 13.06% to Rs 761.12 crore (accounting for 11.97% of total sales). Sales of Packing Products segment rose 7.90% to Rs 1,035.06 crore (accounting for 16.28% of total sales). Sales of Consumer Products segment has gone down 7.57% to Rs 354.21 crore (accounting for 5.57% of total sales). Sales of Others segment has gone up 111.49% to Rs 107.88 crore (accounting for 1.70% of total sales).  

Operating profit margin has jumped from 15.14% to 20.20%, leading to 53.89% rise in operating profit to Rs 1,284.25 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 65.17% to 60.65%. Purchase of finished goods cost rose from 0.83% to 1.99%. Employee cost increased from 4.91% to 5.00%. Other expenses fell from 14.41% to 11.66%.  

Other income rose 198.60% to Rs 4.27 crore. Provision for interest fell 52.95% to Rs 9.5 crore. Loan funds declined from Rs 440.42 crore as of 31 March 2020 to Rs 26.27 crore as of 31 March 2021. Inventories declined from Rs 890.57 crore as of 31 March 2020 to Rs 760.77 crore as of 31 March 2021. Sundry debtors were higher at Rs 389.83 crore as of 31 March 2021 compared to Rs 312.84 crore as of 31 March 2020. Cash and bank balance rose to Rs 768.40 crore as of 31 March 2021 from Rs 231.39 crore as of 31 March 2020. Investments rose to Rs 336.59 crore as of 31 March 2021 from Rs 207.30 crore as of 31 March 2020 .  

Profit before interest, tax and other unallocable items (PBIT) has jumped 66.35% to Rs 1,093.23 crore. PBIT of Plastics Piping Products segment rose 78.34% to Rs 821.29 crore (accounting for 75.13% of total PBIT). PBIT of Industrial Products segment rose 94.78% to Rs 63.46 crore (accounting for 5.80% of total PBIT). PBIT of Packing Products segment rose 22.74% to Rs 124.59 crore (accounting for 11.40% of total PBIT). PBIT of Consumer Products segment rose 3.58% to Rs 59.66 crore (accounting for 5.46% of total PBIT). PBIT of Others segment rose 387.53% to Rs 24.23 crore (accounting for 2.22% of total PBIT).  

PBIT margin of Plastics Piping Products segment rose from 13.37% to 20.04%. PBIT margin of Industrial Products segment rose from 4.84% to 8.34%. PBIT margin of Packing Products segment rose from 10.58% to 12.04%. PBIT margin of Consumer Products segment rose from 15.03% to 16.84%. PBIT margin of Others segment rose from 9.74% to 22.46%. Overall PBIT margin rose from 11.92% to 17.20%.

 Provision for depreciation rose 3.46% to Rs 212.79 crore. Fixed assets increased to Rs 1,754.12 crore as of 31 March 2021 from Rs 1,684.64 crore as of 31 March 2020. Intangible assets declined from Rs 16.02 crore to Rs 11.18 crore.  

Profit before tax grew 74.76% to Rs 1,066.23 crore. Share of profit/loss was 367.77% higher at Rs 145.99 crore. Provision for tax was expense of Rs 234.08 crore, compared to Rs 173.92 crore. Effective tax rate was 19.31% compared to 27.12%. 

Net profit attributable to owners of the company increased 109.27% to Rs 978.14 crore.  

Promoters' stake was 48.85% as of 31 March 2021 compared to 49.94% as of 31 March 2020.

 The stock trades at Rs 2104.