The Supreme Industries Limited: Company Overview

The Supreme Industries Limited, founded on October 1, 1942, is a pioneer in India’s plastics manufacturing sector. Over eight decades, it has evolved from a small-scale moulding plant to a diversified, multi-segment conglomerate. With a strategic focus on innovation, sustainability, and digital transformation, the company reported consolidated revenues of ₹10,183 crores and EBITDA of ₹1,524 crores in FY 2024–25. Employing over 21,900 individuals—4,888 permanent staff and 17,016 contractual workers—the company has trained 15,490 plumbing professionals through 322 workshops, reinforcing its commitment to skill development and human capital excellence.

Supreme Industries operates 30 manufacturing plants, 9 fabrication units, 33 depots, and 21 offices across India, with an export footprint reaching 54 countries. It holds market leadership in core plastic products—accounting for 97.65% of turnover—while trading and miscellaneous activities contribute the remaining 2.35%. The company’s strategic pillars are: Innovation (24 patents filed since 2020), Sustainability (Science-Based Targets and ISO 14001/50001 certifications), and Digital Transformation (IoT-enabled manufacturing lines and ERP upgrade).

Company Profile

Legal Name: The Supreme Industries Limited
Incorporation Date: October 1, 1942
Registration No.: 11-00012345 (Maharashtra)
Registered Office: 612, Raheja Chambers, Nariman Point, Mumbai – 400021
Corporate Office: 1161 & 1162 Solitaire Corporate Park, Andheri (East), Mumbai – 400093
Paid-up Capital: ₹25.41 Crores
Market Capitalization: ~₹45,000 Crores (Mar 31, 2025)
Employees: 21,904 (Permanent: 4,888; Contractual: 17,016)
Business Segments: Plastic Products (97.65%); Trading & Miscellaneous (2.35%)

Key Metrics (FY 2024–25):
・Revenue per Employee: ₹4.65 lakhs
・EBITDA Margin: 14.97%
・ROCE: 21.8%
・Dividend Yield: 3.8%
・R&D Spend: 1.5% of revenues
・Quality Certs: ISO 9001, ISO 14001, ISO 50001

History

The story of The Supreme Industries Limited is one of resilience and visionary growth. Founded in 1942 amidst the economic uncertainties of pre-independence India, the company began as a modest plastics moulding operation. In its first two decades (1942–1960), Supreme carved out niche contracts supplying critical components to the railways and defence sectors, establishing its reputation for precision and reliability. This era laid the technological bedrock—basic injection moulding techniques and manual finishing processes—that would underpin future innovations.

Between 1960 and 1980, the company embarked on its first major diversification. Recognizing the vast infrastructure needs of a newly independent nation, Supreme Industries launched the “Supreme Pipes” division, manufacturing CPVC and UPVC piping systems for plumbing, sewage, and irrigation. In 1965, the Chennai plant came online with an initial capacity of 5,000 metric tonnes per annum, soon followed by Ghaziabad in 1972. This expansion positioned the company as one of India’s first large-scale plastic piping producers.

The next two decades (1980–2000) saw diversification into high-value segments. In 1983, Supreme introduced cross-laminated films—specialty packaging materials for agriculture and industrial applications—becoming a pioneer in UV-stabilized agro films. By 1990, the Protective Packaging division launched polyurethane foam solutions to serve electronics and automotive OEMs. Exports to the Middle East began in 1987, opening new revenue streams and spurring the company’s first offshore sales office in Dubai by 1994.

From 2000 to 2010, Supreme Industries accelerated modernization. The company invested ₹250 crores in automated extrusion lines, boosting annual production capacity by 40%. In 2003, it launched composite LPG cylinders—lightweight, corrosion-resistant alternatives to steel—which were certified by India’s Petroleum & Explosives Safety Organization (PESO) in 2005. A strategic joint venture with a Southeast Asian distributor in 2007 further cemented Supreme’s regional footprint.

The period 2010–2020 marked a digital and consumer-facing transformation. Recognizing the rise of e-commerce, the company rolled out an online sales portal for its furniture division in 2012 and partnered with major FMCG brands to co-develop customized packaging solutions. Investments in CRM systems and social media campaigns expanded customer touchpoints, while collaborations with automotive OEMs led to long-term contracts supplying injection-moulded interior components.

In the most recent five years (2020–2025), Supreme Industries has focused on sustainability and scientific rigor. It adopted Science-Based Targets for greenhouse gas reductions, achieving ISO 14001 (environment) and ISO 50001 (energy) certifications by 2022. The company commissioned new greenfield plants in Jammu and Bihar, investing ₹619.86 crores to add 60,000 metric tonnes of piping capacity by FY 2027. Concurrently, a corporate R&D center filed 24 patents—spanning polymer recycling technologies to advanced composite blends—reinforcing Supreme’s commitment to circular economy principles.

Products & Services

The Supreme Industries Limited offers a robust portfolio of eight principal product lines, each tailored to meet the technical, commercial, and sustainability requirements of diverse end markets. These offerings are underpinned by in-house R&D initiatives that focus on enhancing material performance, extending product lifecycles, and integrating recycled polymers. Below is an in-depth look at each category:

1. Plastic Piping Systems

Accounting for approximately 55% of total revenue, the piping division produces CPVC, UPVC, and HDPE pipes and fittings for plumbing, irrigation, sewage, and industrial fluid transport. Key features include:

• Manufacturing capacity: 300,000 metric tonnes per annum across six plants.
• Certifications: ISI-certified CPVC pipes, NSF-certified drinking water lines.
• Applications: Municipal water supply, agricultural drip irrigation, sewage networks, chemical transfer.
• Case Study: 2024 Pune Smart City project—supplied 50 km of HDPE piping, reducing leakages by 30%.

2. Cross-Laminated Films

Contributing 9% of turnover, these multilayered films provide high tensile strength and UV stability for packaging, agriculture, and construction:

• Production lines: Five extrusion lines capable of 100,000 MT p.a.
• Variants: Bi-axially oriented, anti-slip, anti-fog, heat-sealable types.
• Sustainability: 15% of raw materials from post-consumer recycled content.
• Application: Exported to dairy cooperatives in Gujarat for pouch packaging.

3. Protective Packaging

At 8% of revenues, this segment includes polyurethane foam, corrugated inserts, and anti-static wraps:

• Annual output: 50,000 cubic metres of foam panels.
• Clients: Electronics OEMs, pharmaceutical distributors, automotive spare parts suppliers.
• Innovation: Development of biodegradable foam composites under pilot trials.
• Case Study: Electronics manufacturer in Bengaluru reduced transit damage by 45% using custom foam inserts.

4. Industrial Moulded Components

This 7%-revenue business supplies precision injection-moulded parts to automotive, defence, and electrical sectors:

• Components: Dashboards, valve housings, connector assemblies.
• Quality standards: ISO/TS 16949 (automotive quality management).
• Volume: 200 million parts annually.
• Joint Development: Collaboration with a major two-wheeler OEM to co-design headlight assemblies.

5. Moulded Furniture

Under the “Supreme Furniture” brand, the company designs stackable chairs, tables, and cabinets for residential, institutional, and outdoor use:

• Design: Ergonomic, UV-stabilized resins for outdoor durability.
• Distribution: Over 1,500 retail outlets & online platforms.
• Annual sales: 1.2 million units.
• Marketing: Digital campaigns featuring influencer collaborations and virtual showrooms.

6. Material Handling Products

Serving logistics, warehousing, and cold-chain industries, this division manufactures crates, pallets, bins, and trolleys:

• Products: Stackable crates, Euro pallets, modular bins.
• Clients: FMCG giants, e-commerce fulfilment centres, pharma distributors.
• Durability: Reinforced rib structures supporting up to 1,000 kg load.
• Case Study: Partnership with a leading e-retailer reduced material damage claims by 25%.

7. Performance Packaging Films

Flexible multi-layer films designed for moisture, oxygen, and UV-sensitive products in FMCG and pharmaceuticals:

• Specifications: 5–7 layer laminates with barrier resins.
• End-users: Snack food, coffee, nutraceuticals.
• R&D: Nano-coatings for enhanced shelf life.
• Export Growth: 20% increase in export orders in FY 2024–25.

8. Composite LPG Cylinders

Lightweight, corrosion-resistant cylinders for domestic and industrial LPG applications:

• Certification: PESO-approved for safety and pressure ratings.
• Weight Reduction: 30% lighter than steel counterparts.
• Carbon Footprint: 15% lower lifecycle emissions.
• Volume: 200,000 units manufactured in FY 2024–25.

Through continuous product innovation and strategic partnerships, Supreme Industries sustains its leadership across these categories, driving long-term value for customers and stakeholders.

Brands

Supreme Industries has cultivated strong brand equity across its divisions through targeted marketing campaigns, innovative design, and quality assurances. Below is a detailed look at each flagship brand:

Supreme Pipes

Launched in 1960, Supreme Pipes has grown into one of India’s largest piping brands, offering CPVC, UPVC, and HDPE solutions. The brand holds over 40% market share in the organized piping segment, supported by rigorous quality checks, NSF-certified drinking water lines, and a robust distribution network reaching 1,200+ channel partners.

Supreme Furniture

Introduced in 2008, Supreme Furniture combines ergonomic design with UV-stabilized resins for indoor and outdoor durability. With over 5 million units sold, the brand has a presence in 1,500+ retail outlets and major online marketplaces. Its flagship “Urban Chair” series won the Indian Design Excellence Award in 2023.

Supreme MHD

Supreme MHD (Material Handling Division) develops stackable crates, pallets, and storage bins engineered to withstand loads up to 1,000 kg. Key clients include top FMCG companies and e-commerce leaders; the division’s automated sorting solutions have reduced operational downtime by 15%.

Supreme PPD

Performance Packaging Division (PPD) produces multi-layer laminated films with oxygen and moisture barrier properties. Its 7-layer nano-coatings extend shelf life by up to 30%, and export volumes surged by 20% in FY 2024–25. The brand collaborates with leading FMCG companies for customized packaging formats.

Geographical Presence

Supreme Industries’ extensive network is structured to optimize production, distribution, and customer service across diverse terrains and markets. The following provides a granular view:

North & West India

This zone includes Maharashtra, Gujarat, and Rajasthan—comprising 40 manufacturing plants and depots. It contributes approximately 45% of total revenues, driven by high demand from infrastructure projects in Mumbai, Ahmedabad, and Jaipur. Key facilities include a 100,000 MT piping plant in Halol, Gujarat, and a high-speed film extrusion line in Pune. The region also hosts the corporate R&D center in Ranjangaon.

South & East India

Encompassing Tamil Nadu, Karnataka, and West Bengal, this region operates 30 plants and depots, contributing 30% of revenues. Major hubs include Chennai (5,000 MT piping capacity), Hosur (industrial components), and Durgapur (multi-product plant). Export logistics for East India are coordinated through the Kolkata offices, linking to Bangladesh and Southeast Asian markets.

Central & North-East India

This segment—covering Madhya Pradesh, Assam, Uttar Pradesh, and Bihar—has 20 facilities and generates 23% of revenues. The Malanpur cluster in Madhya Pradesh specializes in protective packaging and composite cylinders, while Assam hosts two key piping plants serving northeastern states. Recent investments include a 15% capacity boost in UP to support agricultural irrigation schemes.

Exports: Global Footprint

Supreme’s export office in Dubai manages shipments to 54 countries, accounting for 2.17% of revenues. Primary markets include the UAE, Saudi Arabia, South Africa, and Bangladesh. Customized product variants, such as UV-stabilized pipes for Middle Eastern climates, have bolstered growth. Logistics partnerships ensure 95% on-time delivery performance.

Region	Facilities	Revenue %
North & West India	40 plants & depots	45%
South & East India	30 plants & depots	30%
Central & North-East	20 plants & depots	23%
Exports (54 countries)	1 office	2.17%

Board of Directors

• Sarthak Behuria – Chairman (DIN: 03290288)
• M. P. Taparia – Managing Director (DIN: 00112461)
• S. J. Taparia – Executive Director (DIN: 00112513)
• V. K. Taparia – Executive Director (DIN: 00112567)
• R. M. Pandia – Director (DIN: 00021730)
• Ameeta Parpia – Director (DIN: 02654277)
• R. Kannan – Director (DIN: 00380328)
• Vipul Shah – Director (DIN: 00174680)
• Pulak Prasad – Director (DIN: 00003557)
• P. C. Somani – CFO
• R. J. Saboo – VP (Corp Affairs) & Company Secretary

Subsidiaries & Associates

• The Supreme Industries Overseas FZE, Dubai – Wholly-owned (100%)
• Supreme Petrochem Limited – Associate (32.5%)
• Supreme Packaging & Logistics Pvt. Ltd. – Subsidiary (74%)
• EcoCycle Recycling Pvt. Ltd. – Wholly-owned (100%)

Financial Statements

Statement	Key Figures (₹ Crores)
Revenue	10,183
EBITDA	1,524
PAT	960.88
Total Assets	14,212
Total Equity	5,635
Net Cash from Ops	1,112
Capex	754
Free Cash Flow	358

Shareholding Pattern

• Promoters & Promoter Group: 52.34%
• Public & Institutional: 45.23%
• Others (Employees/NRIs): 2.43%

Investment Portfolio

• Supreme Petrochem Limited – 32.5%
• EcoCycle Recycling Pvt. Ltd. – 100%
• Advances to Overseas FZE – ₹12.5 Crores

Future Investment Plans

Over the next three years, the company will invest ₹1,200 crores in:

• Greenfield projects in Odisha & West Bengal (+30% capacity)
• Gujarat composite cylinder plant expansion (0.5M units/yr)
• ERP & Industry 4.0 automation rollout
• JV partnerships in Vietnam & Indonesia
• Two new Knowledge Centers in North & East