PVC resin price volatility
PVC prices have been highly volatile, with a 32% increase in March followed by a 30% decline in April, impacting channel inventory and demand.
SUPREME / Q4-FY26 / risks
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Supreme Industries · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
high
Slow government infrastructure spending
Jal Jeevan Mission and other government schemes have seen slow fund releases, with only one-third of budgeted amounts spent in the last two years.
Increased competition from Chinese PVC imports
China has become a larger supplier of PVC to India, putting downward pressure on prices and potentially squeezing margins.
Export growth challenges
Export revenue remains low at $5 million, and geopolitical disruptions have moderated export performance, though management targets $50 million.