# Supreme Petrochem share price today (Supreme Petrochem Ltd, NSE: SPLPETRO)

> Supreme Petrochem share price today: ₹697.05 at the NSE close on 3 November 2026, down 7.1% in a year. Supreme Petrochem (NSE: SPLPETRO) is worth ₹13,113 crore, trades at a P/E of 24.5 and has closed between ₹501.45 and ₹880.00 over the past 52 weeks. > Supreme Petrochem Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SPLPETRO · Petrochem - Polymers · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/supreme-petrochem-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹697.05 (−7.1% in a year)
- P/E: 24.5× (higher than 54% of the last 10 years)
- Revenue (Sep 2026): ₹1,957 Cr (+77.9% on a year ago)
- Profit (Sep 2026): ₹95.0 Cr (+97.9% on a year ago)
- Operating margin: 8.0% (+1.0 points on a year ago)
- ROCE: 19%, FY26
- ROIC: 29.7%, against a 12.0% cost of capital: +17.7 points

Biggest thing to watch: the price has already been rising for 28 weeks, so timing is the risk more than the business. ## What is the Supreme Petrochem share price today? Supreme Petrochem Ltd's share price was ₹697.05 at the close on 3 November 2026. It has been rising for 28 weeks. That is 4.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹501 and ₹880, and at that close it sat 52% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 11 weeks in a row. Over the last 11 years the share price moved +1,158% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Supreme Petrochem this quarter? One change stood out: highest quarterly revenue in 13 quarters. 1. Highest quarterly revenue in 13 quarters Revenue of ₹1,957 crore in the September 2026 quarter is the highest of the last 13 quarters. ## What are Supreme Petrochem's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Supreme Petrochem reported revenue of ₹1,957 crore, up 77.9% from ₹1,100 crore a year earlier, and a profit of ₹95.0 crore, up 97.9% from ₹48.0 crore. ### Supreme Petrochem results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,957 crore | ₹1,100 crore | +77.9% |
| Profit | ₹95.0 crore | ₹48.0 crore | +97.9% |
| Earnings per share | ₹5.05 | ₹2.56 | +97.3% |
| Operating margin | 8.0% | 7.0% | +1.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Supreme Petrochem's management discussed these results on a call held on 27 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Supreme Petrochem share price history? Supreme Petrochem closed at ₹697.05 on 3 November 2026, down 7.1% from ₹750.35 a year earlier (31 October 2025) and up 106.7% over five years. Its highest weekly close since March 2016 was ₹892.10 on 19 July 2024. ### Supreme Petrochem share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹712.60 | −2.2% |
| 1 month ago · 1 Oct 2026 | ₹780.45 | −10.7% |
| 6 months ago · 30 Apr 2026 | ₹757.30 | −8.0% |
| 1 year ago · 31 Oct 2025 | ₹750.35 | −7.1% |
| 3 years ago · 3 Nov 2023 | ₹566.95 | +22.9% |
| 5 years ago · 4 Nov 2021 | ₹337.30 | +106.7% |
| 10 years ago · 4 Nov 2016 | ₹106.45 | +554.8% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹55.43 | +1,157.5% |
| Highest weekly close since March 2016 · 19 Jul 2024 | ₹892.10 | −21.9% |
| Lowest weekly close since March 2016 · 23 Mar 2016 | ₹55.23 | +1,162.1% |
| 52-week high (weekly close) · 25 Sep 2026 | ₹880.00 | −20.8% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹501.45 | +39.0% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (557 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Supreme Petrochem? 3 Nov 2026: Supreme Petrochem closed at ₹697.05, down 2.2% on the week and down 10.7% on the month. 30 Oct 2026: ex-date for an interim dividend of ₹2.50 a share. ### Earlier

- 27 Oct 2026: Supreme Petrochem held its results call for July to September 2026. Management guided: FY27 sales volume expected above last year if conditions normalize after US midterm elections. - Results for July to September 2026: Revenue up 77.9% and profit up 97.9% on a year earlier. - 14 Jul 2026: ex-date for a dividend of ₹8 a share. ## What dividend does Supreme Petrochem pay? Supreme Petrochem paid ₹10.50 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 1.51% at the ₹697.05 close on 3 November 2026. The last was an interim dividend of ₹2.50 a share, ex-date 30 October 2026. ### Supreme Petrochem dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 30 Oct 2026 | ₹2.50 | Interim | same day |
| 14 Jul 2026 | ₹8 | Dividend | same day |
| 31 Oct 2025 | ₹2.50 | Interim | same day |
| 4 Jul 2025 | ₹7.50 | Dividend | same day |
| 31 Oct 2024 | ₹2.50 | Interim | 1 Nov 2024 |
| 27 Jun 2024 | ₹7 | Dividend | n/a |
| 8 Nov 2023 | ₹2 | Interim | same day |
| 27 Jun 2023 | ₹7 | Dividend | n/a |
| 7 Nov 2022 | ₹4 | Interim | 9 Nov 2022 |
| 22 Jul 2022 | ₹14 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Supreme Petrochem Ltd paid out 60% of its profit as dividends in FY26, and it paid a dividend in each of its last 16 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Supreme Petrochem management say on the latest results call? On the call for July to September 2026, held on 27 October 2026, Supreme Petrochem's management guided: FY27 sales volume expected above last year if conditions normalize after US midterm elections. > “I do not have a crystal ball with me right now. In this changing global environment and under the current geopolitical conditions, it is very difficult to project.”
> Rakesh Nayar, Executive Director & CFO, on the call for July to September 2026

### What management guided

- India PS demand above 375,000 tons in FY27-FY28; appliance and export-led demand expected over the next 3-4 years. - India EPS demand of 165,000-170,000 tons for the current year. - XPS commercial production in April to June 2027; capacity of 150,000 cubic meters expected to be absorbed over 24-30 months. - Compounding capacity integrated in October to December 2027; second ABS line ready in October to December 2028; full utilization expected in FY29-FY30. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/296-27-Oct-2026.pdf). (From the call for July to September 2026, 27 October 2026.)

## What is the future of Supreme Petrochem? What is changing in the business? What is changing at Supreme Petrochem, from the latest results and calls: domestic demand recovery, specialty compounding customer conversion and xps and compounding commissioning. - Domestic demand recovery. Lower input prices and restored processing activity could recover volumes, but may simultaneously reduce product spreads. ⚠ estimate
- XPS and compounding commissioning. Dated commissioning commitments create a testable future capacity pathway rather than an immediate earnings catalyst. ⚠ estimate
- EPS export reopening. European grade approval can translate into exports when shipping and styrene supply permit execution. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What could change the Supreme Petrochem story? What are the risks? Reported profit remains supported after product-feedstock spreads normalize, with recovered manufactured-product volume and a disclosed contribution from specialty compounding; that observation would overturn the present peak-margin caution. ### Each change stops working if

- Domestic demand recovery: Manufactured-product volume fails to recover after feedstock availability and customer processing constraints ease. - Specialty compounding customer conversion: Utilization rises only through extended credit or discounting, or approved customers do not place recurring orders. - XPS and compounding commissioning: Commissioning slips or new capacity enters service without sufficient customer demand. - EPS export reopening: Approved products remain unshipped or export realization fails to cover the restored freight and feedstock costs. ### The main risks

- Feedstock and shipping disruption: Alternative sourcing preserves domestic supply but can consume the benefit of product spreads. ⚠ estimate
- ABS execution and guidance drift: Restricted operating capacity and moved expansion dates weaken the timing of the specialty earnings pathway. ⚠ estimate
- Import competition and demand destruction: Returning demand may accrue to imports rather than domestic production. ⚠ estimate
- Funding and project-budget ambiguity: The internal-funding intention is not a verified cash budget for all announced projects. ⚠ estimate

(Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in Supreme Petrochem's next results? When Supreme Petrochem reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Check whether festival-led domestic demand persists as higher styrene costs test non-OEM pricing and volumes. - What to check (from the call)
- Check whether festival-led domestic demand persists as higher styrene costs test non-OEM pricing and volumes. - Track export recovery against Gulf supply access and freight normalization. - Look for repair or replacement of defective ABS equipment and a measurable Phase 1 utilization step-up. - Check XPS commissioning and market absorption against the stated launch and ramp schedule. ## Which stock lists is Supreme Petrochem on? Supreme Petrochem is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 489](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Supreme Petrochem profitable? Supreme Petrochem Ltd earned ₹95.0 Cr of net profit in the Sep 2026 quarter, +97.9% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹327 Cr. Over 11 years profit has grown 22.2% a year on average. That is 4.9% of the quarter's revenue. The same quarter a year earlier earned ₹48.0 Cr. For the full year, FY26 profit was ₹327 Cr (−16.4% on the year before). Why profit moved: revenue changed +77.9% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +72.2% and revenue +23.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. FY27-Q1. revenue ₹1,693 Cr and profit ₹236 Cr as reported. FY27-Q2. revenue ₹1,957 Cr and profit ₹95 Cr as reported. Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters. ## How much revenue does Supreme Petrochem make, and is it growing? Supreme Petrochem Ltd reported ₹1,957 Cr of revenue in the Sep 2026 quarter, +77.9% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 11 years it has grown 6.6% a year on average. The last full year, FY26, came in at ₹5,338 Cr. Why this happened. Customers facing price resistance and gas constraints have curtailed purchases. Recovery requires their production and purchasing economics to improve. The first earnings benefit would appear through manufactured-product volume; the cash benefit depends on collections and inventory repricing. Management's earlier conditional growth expectation was followed by a volume decline, so demand recovery remains a forecast. Importers can also capture returning demand, and recovered volume must be assessed after lower spreads and freight costs. The last four reported quarters add to ₹6,502 Cr. FY26 revenue was ₹5,338 Cr, −11.4% on the year before. Recent pace: the last four quarters grew +23.3% on average, against 6.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +19.7%, against +5.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +72.3%, against +13.3% a year (accelerating). FY27-Q1. revenue ₹1,693 Cr and profit ₹236 Cr as reported. FY27-Q2. revenue ₹1,957 Cr and profit ₹95 Cr as reported. Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does Supreme Petrochem keep? Supreme Petrochem Ltd's operating margin was 8.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 16 years it has been between 2.9% and 21.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +0.5 percentage points on the year while gross margin changed −1.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged. FY27-Q1. revenue ₹1,693 Cr and profit ₹236 Cr as reported. FY27-Q2. revenue ₹1,957 Cr and profit ₹95 Cr as reported. Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters. ## Is Supreme Petrochem's profit turning into cash? Over the last 3 years, 108% of Supreme Petrochem Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹246 Cr of operating cash against ₹327 Cr of profit. After ₹244 Cr of spending on assets, ₹2.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 108% of profit came in as cash: the cash cycle got 16 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 5.2× depreciation over three years. The next section checks what that spending is building. ## Where does Supreme Petrochem's cash go? Supreme Petrochem Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 20 days in FY26, up from 4 days in FY21. It spent ₹1,131 Cr on assets over the last 3 years. Customers take 34 days to pay, and stock sits for 51 days on average. Why this happened. The announced projects can expand addressable production after commissioning and customer acceptance. earnings follow only when saleable output and utilization cover the additional operating costs and depreciation. Management has supplied commissioning goals, but project returns and first-quarter profit contributions remain unknown. At FY26 sales of ₹5,338 Cr, each day of that cycle ties up about ₹14.6 Cr, so roughly ₹292 Cr is tied up in the business at any time. FY26: customers took 34 days to pay and stock sat for 51 days, about 1.7 months of sales sitting as stock, for a full cycle of 20 days, longer than FY21's 4. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 51 days. Customers pay about 34 days after that. Suppliers are paid at 65 days. Together that makes the 20-day cycle. Spending on assets: ₹1,131 Cr over the last 3 years, against ₹218 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹74.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Supreme Petrochem's P/E ratio, and how does it compare with its own history? Supreme Petrochem Ltd's P/E is 24.5×, in the middle of its own history: higher than 54% of past readings. Its usual P/E (the middle reading) is 23.8×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹28.16. Why the multiple is where it is: over the past year earnings per share moved −16.2% while the price moved −7.1%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +15.6% a year; about −4.6% a year came from earnings growth and about +20.2 percentage points from the multiple (the market paying more); over 10 years the price moved +20.7% a year; about +13.5% a year came from earnings growth and about +7.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Supreme Petrochem business getting better or worse? Supreme Petrochem Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE rising at 28.4%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## What is the Supreme Petrochem story, and has it been checked? Supreme Petrochem Ltd's story is not scored yet against the checks our research set on 10 October 2026. Where it sits in its own cycle: MID EXPANSION. Our read, 10 October 2026. From the numbers. From the price. Price stage 2, week 28, below its 200-day line, relative strength falling. From the research. Where they disagree. What is proven. What is not proven yet. Reported profit remains supported after product-feedstock spreads normalize, with recovered manufactured-product volume and a disclosed contribution from specialty compounding; that observation would overturn the present peak-margin caution. What would change our mind. Reported profit remains supported after product-feedstock spreads normalize, with recovered manufactured-product volume and a disclosed contribution from specialty compounding; that observation would overturn the present peak-margin caution. The test written in advance. Reported profit remains supported after product-feedstock spreads normalize, with recovered manufactured-product volume and a disclosed contribution from specialty compounding; that observation would overturn the present peak-margin caution. Measured by: the thesis as written as stated by the next result. The test written in advance. Peak commodity margins. Measured by: Peak commodity margins Operating margin declines without enough manufactured-product volume or specialty earnings to offset the spread loss. by the next result. The test written in advance. Feedstock and shipping disruption. Measured by: Feedstock and shipping disruption Delivered feedstock cost rises, shipment reliability deteriorates or export recovery remains deferred. by the next result. What the company does. Profit increased while manufactured-product volume fell, so the latest improvement reflects pricing spreads rather than operating leverage. Specialty compounding and planned capacity additions provide possible future earnings sources, but equipment restrictions, delayed schedules and undisclosed segment profitability limit visibility. What the surface reading misses. The surface reading is: The latest profit and margin suggest accelerating operating performance. The research reads it further: Product-feedstock spreads expanded while manufactured-product volume fell, so improved pricing economics rather than incremental volume drove the profit increase. What the surface reading misses. The surface reading is: Sequential profit recovery could imply that operational problems had been resolved. The research reads it further: The recovery coincided with wider product spreads, while the ABS line still used a restricted equipment workaround and high prices impaired non-OEM demand. Lever 5 · Regulatory approval: building. European grade approval can translate into exports when shipping and styrene supply permit execution. What proves it keeps working: EPS export reopening. It stops working if Approved products remain unshipped or export realization fails to cover the restored freight and feedstock costs. Sources: our stock research file (10 October 2026) · quarterly results through Sep 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Supreme Petrochem management deliver what it promised? What Supreme Petrochem Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. Compounding Expansion Commissioning Delayed · 27 October 2026. In the Jul 2026 call, management said the expanded compounding capacity would come up by June 2027. In the Oct 2026 call, it moved integration of the 80,000-ton facility to Q3 FY28 without identifying what caused the schedule change, a material delay to the capacity ramp. Phase-II ABS Timeline Pushed Out · 27 October 2026. The Jul 2026 call treated Phase-II ABS as a FY28 project, which management confirmed it was still aiming for. The Oct 2026 call instead placed the second ABS line in Q3 FY29, materially later than FY28, with no explanation for the revision; this delays the expected availability of the additional ABS capacity. ABS Phase-II Timeline Shift · 29 July 2026. In April 2026, management said Phase-II ABS was planned for FY28 and that it was still aiming for that schedule. In July 2026, management grouped ABS line two with projects to be on board by March 2029. The latest call gives no explanation for this apparent material delay. Xmold FY27 Volume Growth Guidance More Than Doubled Without Explanation · 28 April 2026. In the Jan 2026 call, management guided Xmold to grow '20% to 25%' in volumes for FY27, consistent with the ~79% H1 FY26 utilization level established in the Oct 2025 call. However, the April 2026 call revised this guidance sharply upward to '50-60% more' for FY27 while simultaneously disclosing that FY26 full-year Xmold utilization had collapsed to only ~50%, a dramatic H2 FY26 deterioration that was never disclosed or explained to shareholders between the Jan 2026 and April 2026 calls. The more-than-doubling of the FY27 growth rate, combined with no explanation for what caused the H2 FY26 performance collapse, represents a material inconsistency in management's narrative. Later call (Apr 2026): “Now we expect this year we should be doing 50-60% more. Like last year we did utilization of close to only around 50% or 45% of their overall installed capacity. And this year we should be doing close to say 70% of that capacity or 65-70% of that capacity.”

Every quote above is taken word for word from the company’s own earnings calls. ## How much does Supreme Petrochem earn on its capital? Supreme Petrochem Ltd earned a ROCE of 19% in FY26. That is up from a low of 12% in FY19. Its return on capital used (ROIC) is 17.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.1% net margin and 1.54× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.1% net margin × 1.54× asset turnover × 1.46× leverage (assets divided by equity) ≈ 13.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 29.7% − 12.0% = +17.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 29.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 20.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Supreme Petrochem have too much debt? Supreme Petrochem Ltd has total debt of ₹116 Cr against shareholder equity of ₹2,560 Cr as of Sep 2026, so its debt is 0.05× its equity, which is very little. Year by year, that ratio went from 0.02 in FY22 to 0.06 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Supreme Petrochem shareholding pattern? Domestic institutions raised their stake in Supreme Petrochem Ltd by 1.0 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 3.8% of the company. Foreign institutions moved +0.9 points over the same period, to 4.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +1.0 points over 8 quarters, to 3.8%; Foreign institutions: +0.9 points over 8 quarters, to 4.3%; Promoters: +0.0 points over 8 quarters, to 64.2%. Why the owners changed: domestic institutions drove it (+1.0 points), together with foreign institutions (+0.9 points). They raised their stake step by step. ## How far is Supreme Petrochem from balance-sheet trouble? For Supreme Petrochem Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Supreme Petrochem rank in its industry? 72.2 out of 100, rank 2 of 7 in Petrochem - Polymers, with 100% of the evidence available. Supreme Petrochem Ltd scores 72.2 out of 100 against the 7 companies it is compared with in Petrochem - Polymers, ranking 2. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. The four parts add up to the total exactly: 28.9 + 17.6 + 12.1 + 13.6 = 72.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Supreme Petrochem compared with? Supreme Petrochem ranks 2 of 7 Petrochem - Polymers companies on the 4-Factor Sector Score, with 72.2 out of 100. 1. [Bhansali Engineering Polymers Ltd](https://www.sectoralpha.in/stocks/bhansali-engineering-polymers-ltd) BEPL · losing its lead · Most evidence points up · 93% evidence 72.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 14.7% · Profit 32.9% · Operating margin change 5 points · 100% evidence Capital efficiency 20.4/25 · ROCE 23.8% · Operating margin 20% · 100% evidence Valuation 11.2/20 · P/E 11.9× · PEG 0.99 · 65% evidence Relative strength 13.8/20 · Lead over its industry 11.9% · Lead over NIFTY 500 10.6% · 1 year 7.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 27.1 + 20.4 + 11.2 + 13.8 = 72.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. Supreme Petrochem Ltd this page SPLPETRO · losing its lead · Most evidence points up · 100% evidence 72.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.9/35 · Revenue 19.7% · Profit 72.3% · Operating margin change 1 points · 100% evidence Capital efficiency 17.6/25 · ROCE 18.8% · Operating margin 8% · 100% evidence Valuation 12.1/20 · P/E 23.8× · PEG 0.82 · 100% evidence Relative strength 13.6/20 · Lead over its industry 2.5% · Lead over NIFTY 500 1.6% · 1 year -9.6% · 100% evidence · 7 of 12 weeks ahead Exact sum: 28.9 + 17.6 + 12.1 + 13.6 = 72.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Manali Petrochemicals Ltd](https://www.sectoralpha.in/stocks/manali-petrochemicals-ltd) MANALIPETC · breaking out · Most evidence points up · 89% evidence 67.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.4/35 · Revenue 19.3% · Profit 100% · Operating margin change 20 points · 88% evidence Capital efficiency 11.1/25 · ROCE 7.3% · Operating margin 30% · 100% evidence Valuation 6.7/20 · P/E 9.9× · PEG 2.6 · 65% evidence Relative strength 19.2/20 · Lead over its industry 14.6% · Lead over NIFTY 500 13% · 1 year -7.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 30.4 + 11.1 + 6.7 + 19.2 = 67.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Styrenix Performance Materials Ltd](https://www.sectoralpha.in/stocks/styrenix-performance-materials-ltd) STYRENIX · quiet · Evidence leans up · 85% evidence 54.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Revenue 9.7% · Profit 25% · Operating margin change -4 points · 100% evidence Capital efficiency 12.3/25 · ROCE 13.8% · Operating margin 7% · 100% evidence Valuation 18.2/20 · P/E 12.2× · PEG 0.6 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -12.3% · 1 year -25.9% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.1 + 12.3 + 18.2 + 8 = 54.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Kothari Petrochemicals Ltd](https://www.sectoralpha.in/stocks/kothari-petrochemicals-ltd) KOTHARIPET · quiet · Evidence leans up · 96% evidence 51.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue -3% · Profit 12.5% · Operating margin change 1 points · 88% evidence Capital efficiency 20.8/25 · ROCE 28.6% · Operating margin 15% · 100% evidence Valuation 16.5/20 · P/E 8.9× · PEG 0.96 · 100% evidence Relative strength 4.0/20 · Lead over its industry -8.8% · Lead over NIFTY 500 -9.3% · 1 year -23.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 9.8 + 20.8 + 16.5 + 4 = 51.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [NOCIL Ltd](https://www.sectoralpha.in/stocks/nocil-ltd) NOCIL · quiet · Most evidence points down · 100% evidence 34.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.3/35 · Revenue 12.2% · Profit 23.8% · Operating margin change 1 points · 100% evidence Capital efficiency 6.7/25 · ROCE 3.9% · Operating margin 8% · 100% evidence Valuation 7.6/20 · P/E 28.1× · PEG 0.97 · 100% evidence Relative strength 3.0/20 · Lead over its industry -10.8% · Lead over NIFTY 500 -11.5% · 1 year -25.9% · 100% evidence · 4 of 12 weeks ahead Exact sum: 17.3 + 6.7 + 7.6 + 3 = 34.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Chemplast Sanmar Ltd](https://www.sectoralpha.in/stocks/chemplast-sanmar-ltd) CHEMPLASTS · turning · Most evidence points down · 68% evidence 22.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.8/35 · Revenue -1.2% · Profit -80% · Operating margin change -11.6 points · 65% evidence Capital efficiency 0.0/25 · ROCE 0.3% · Operating margin -10% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 6.0/20 · Lead over its industry -15.1% · Lead over NIFTY 500 -14.8% · 1 year -52.4% · 100% evidence · 3 of 12 weeks ahead Exact sum: 6.8 + 0 + 10 + 6 = 22.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Petrochem - Polymers](https://www.sectoralpha.in/sectors/petrochem-polymers), all 7 compared on one page. ## Which companies are close to Supreme Petrochem in size? Supreme Petrochem is the largest of 7 Petrochem - Polymers companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Styrenix Performance Materials, Chemplast Sanmar, Bhansali Engineering Polymers, NOCIL, Manali Petrochemicals and Kothari Petrochemicals. ### Petrochem - Polymers companies close in size

1. Supreme Petrochem Ltd ₹12,755 crore
2. [Styrenix Performance Materials Ltd](https://www.sectoralpha.in/stocks/styrenix-performance-materials-ltd) ₹3,087 crore
3. [Chemplast Sanmar Ltd](https://www.sectoralpha.in/stocks/chemplast-sanmar-ltd) ₹3,000 crore
4. [Bhansali Engineering Polymers Ltd](https://www.sectoralpha.in/stocks/bhansali-engineering-polymers-ltd) ₹2,641 crore
5. [NOCIL Ltd](https://www.sectoralpha.in/stocks/nocil-ltd) ₹2,290 crore
6. [Manali Petrochemicals Ltd](https://www.sectoralpha.in/stocks/manali-petrochemicals-ltd) ₹1,176 crore
7. [Kothari Petrochemicals Ltd](https://www.sectoralpha.in/stocks/kothari-petrochemicals-ltd) ₹642 crore

[All 7 Petrochem - Polymers companies, largest first](https://www.sectoralpha.in/sectors/petrochem-polymers#all-companies)

### Companies close in size in other industries

1. [Jammu and Kashmir Bank Ltd](https://www.sectoralpha.in/stocks/jammu-and-kashmir-bank-ltd) ₹12,905 crore · Banks - Private
2. [Lloyds Engineering Works Ltd](https://www.sectoralpha.in/stocks/lloyds-engineering-works-ltd) ₹12,892 crore · Capital Goods - Electrical Equipment
3. Supreme Petrochem Ltd ₹12,755 crore
4. [Central Mine Planning & Design Institute Ltd](https://www.sectoralpha.in/stocks/central-mine-planning-design-institute-ltd) ₹12,742 crore · Miscellaneous
5. [Tega Industries Ltd](https://www.sectoralpha.in/stocks/tega-industries-ltd) ₹12,726 crore · Capital Goods - Mining Equipement

## What else do people ask about Supreme Petrochem? ### What is Supreme Petrochem's share price today? Supreme Petrochem Ltd's share price is ₹697.05, −7.1% over the past year. The whole company is worth ₹13,113 Cr on the market. In the last 52 weeks it traded between ₹501 to ₹880; today it is 52% of the way up from the low, 4.8% below its 200-day average (as of 3 November 2026). ### What were Supreme Petrochem's latest quarterly results? Supreme Petrochem Ltd reported revenue of ₹1,957 Cr and net profit of ₹95.0 Cr for the Sep 2026 quarter. Revenue rose 77.9% and profit rose 97.9% compared with a year earlier. Earnings per share were ₹5.05. The operating margin was 8.0%, 1.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Supreme Petrochem's market cap? Supreme Petrochem Ltd's market capitalisation is ₹13,113 Cr at a share price of ₹697.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Supreme Petrochem performing? Supreme Petrochem Ltd's share price has been rising for 28 weeks. In its latest quarter, revenue rose 77.9% and profit rose 97.9% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 11 weeks running (as of 3 November 2026). ### Will Supreme Petrochem's share price go up? This page does not forecast Supreme Petrochem Ltd's share price. What it shows instead: the share price is ₹697.05, and it has been rising for 28 weeks. Its P/E of 24.5× is higher than 54% of its own last 10 years (as of 3 November 2026). ### Who owns Supreme Petrochem? Promoters own 64.2% of Supreme Petrochem Ltd, foreign institutions 4.3%, domestic institutions 3.8% and the public 27.5% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 1.0 percentage points over 8 quarters (as of 3 November 2026). ### Does Supreme Petrochem have too much debt? No, Supreme Petrochem Ltd has little debt: its debt is 0.05× its equity, and its operating profit is 31 times its interest bill. FY26 borrowings were ₹126 Cr against equity of ₹2,371 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Supreme Petrochem in its business cycle? Supreme Petrochem Ltd's FY26 operating margin was 10.0%, against a 16-year range of 2.9% to 21.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 8.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Supreme Petrochem story? Biggest thing to watch: the price has already been rising for 28 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Supreme Petrochem a stock worth studying right now? What the numbers show: Supreme Petrochem Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Supreme Petrochem share price forecast for 2026? What management itself guided: FY27 sales volume expected above last year if conditions normalize after US midterm elections. What is changing at Supreme Petrochem, from the latest results and calls: domestic demand recovery, specialty compounding customer conversion and xps and compounding commissioning. What would change the story: Reported profit remains supported after product-feedstock spreads normalize, with recovered manufactured-product volume and a disclosed contribution from specialty compounding; that observation would overturn the present peak-margin caution. ## Lists

- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india

This is research, not advice. We’re not SEBI-registered.