Sales Volume (Manufactured Products)
1,06,664 tons
+5.4% YoY
Q4 FY26 sales volume of manufactured products increased to 1,06,664 tons from 95,556 tons in Q4 FY25.
SUPREMEPETROCHEM
Other
30 Apr 2026
Supreme Petrochem Ltd — Q4 FY26
Supreme Petrochem reported a mixed Q4 FY26 with revenue of ₹1,587 crore (+3% YoY) and EBITDA of ₹253 crore (+75% YoY), driven by higher volumes and better spreads amid stable styrene prices until March.
✓ Verified against BSE filing
2-Min Summary
✦ AI-Generated from Full Transcript
Supreme Petrochem reported a mixed Q4 FY26 with revenue of ₹1,587 crore (+3% YoY) and EBITDA of ₹253 crore (+75% YoY), driven by higher volumes and better spreads amid stable styrene prices until March. PAT stood at ₹168 crore with EBITDA margins expanding to 15.9%. The quarter benefited from seasonal demand and inventory gains, though management cautioned that the West Asia conflict caused a sharp spike in raw material costs and disrupted supply chains. For FY27, management guided for 8-10% volume growth assuming normalization by Q2, with ABS operating at 65% capacity and EPS Phase 2 commissioned. Key risks include potential inventory losses if styrene prices correct sharply and subdued non-OEM demand due to high prices and labor shortages.
Key Numbers
Full Year Sales Volume
3,63,233 tons
+2% YoY
FY26 total sales volume grew to 3,63,233 tons from 3,55,967 tons in FY25.
Capacity Utilization
>80%
flat
Capacity utilization for the year remained healthy at over 80%.
ABS Plant Utilization (Modified)
65%
down
ABS plant operating at 65% of design capacity after equipment failure, down from original 70,000 tons capacity.
Management Guidance
Volume growth of 8-10% in FY27
Management expects 8-10% volume growth in FY27, assuming normalization of global conditions by Q2.
Management guidance growthCapex of ~₹250 crore in FY27
Total capex for FY27 is planned at around ₹250 crore, funded through internal accruals.
Management guidance capexABS Phase 2 target by FY28
ABS Phase 2 expansion is still targeted for FY28, though dependent on market conditions.
Management guidance expansionX-Mold utilization to reach 65-70% in FY27
X-Mold division expected to achieve 65-70% capacity utilization in FY27, up from ~45% in FY26.
Management guidance growthKey Risks
Inventory loss risk from sharp styrene price correction
If the West Asia conflict resolves and styrene prices drop sharply, the company may face significant inventory losses.
high · management_commentarySubdued non-OEM demand due to high prices and labor shortages
Non-OEM demand has been impacted by high raw material prices, labor unavailability, and gas supply issues, which could persist.
medium · management_commentaryABS plant equipment failure limits capacity
The ABS plant operates at only 65% of original capacity due to a critical equipment failure, with no timeline for full restoration.
medium · analyst_questionGeopolitical disruption in raw material supply
The West Asia conflict and Strait of Hormuz disruption have impacted styrene shipments, though alternative sourcing is in place.
high · data_observationNotable Quotes
We are not entering into contracts at the moment because the situation is so fluid.
The non-OEM sector demand has taken a big beating at the moment.
If normality returns by June end, second quarter onwards things are normal, then we expect that with the ABS operational we should be able to do 8 to 10% volume growth this year.
Frequently Asked Questions
What was Supreme Petrochem's revenue in Q4 FY26?
Supreme Petrochem reported revenue of ₹1,606 Cr in Q4 FY26, representing a +3% change compared to the same quarter last year.
What guidance did Supreme Petrochem management give for FY27?
Volume growth of 8-10% in FY27: Management expects 8-10% volume growth in FY27, assuming normalization of global conditions by Q2. Capex of ~₹250 crore in FY27: Total capex for FY27 is planned at around ₹250 crore, funded through internal accruals. ABS Phase 2 target by FY28: ABS Phase 2 expansion is still targeted for FY28, though dependent on market conditions. X-Mold utilization to reach 65-70% in FY27: X-Mold division expected to achieve 65-70% capacity utilization in FY27, up from ~45% in FY26.
What are the key risks for Supreme Petrochem in FY27?
Key risks include Inventory loss risk from sharp styrene price correction — If the West Asia conflict resolves and styrene prices drop sharply, the company may face significant inventory losses.; Subdued non-OEM demand due to high prices and labor shortages — Non-OEM demand has been impacted by high raw material prices, labor unavailability, and gas supply issues, which could persist.; ABS plant equipment failure limits capacity — The ABS plant operates at only 65% of original capacity due to a critical equipment failure, with no timeline for full restoration.; Geopolitical disruption in raw material supply — The West Asia conflict and Strait of Hormuz disruption have impacted styrene shipments, though alternative sourcing is in place..
Did Supreme Petrochem meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Supreme Petrochem Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary verified against official BSE/NSE filings.