Supreme Petrochem net profit surges to ₹236 cr, board clears ₹325-cr expansion
Q1 standalone net profit rose to ₹236.33 crore from ₹80.92 crore a year ago. The board also approved an 80,000 TPA polystyrene line at Amdoshi, funded via internal accruals, raising total capacity to 380,000 TPA by March 2029.
— 2 earlier stories on Supreme Petrochem Ltd. →What's new
- Q1 net profit jumped to ₹236.33 crore from ₹80.92 crore YoY.
- Board approved a new 80,000 TPA polystyrene line at Amdoshi for ₹325 crore.
- Expansion will raise total capacity to 380,000 TPA by March 2029, fully funded via internal accruals.
Why this matters
The profit surge is sharp, but the capacity expansion is the strategic signal. Funding it internally preserves the company's zero-debt balance sheet, a key advantage. That said, the March 2029 completion date means the payoff is years away.
What we're watching
- Any early milestones on the Amdoshi line before FY29.
- Demand trends in domestic appliances and export markets that underpin the investment.
- Whether Q1 profit momentum persists or is a one-off.
The full read
Supreme Petrochem delivered a blockbuster Q1: net profit surged to ₹236.33 crore from ₹80.92 crore a year ago. But the real news lies in the board's approval of an 80,000 TPA polystyrene line at Amdoshi, costing ₹325 crore and funded entirely from internal accruals. The move lifts total capacity from 300,000 TPA to 380,000 TPA — a nearly 27% increase. Management cites demand from domestic appliances and exports as the rationale. The debt-free balance sheet stays intact, a clear plus. The catch: the project targets March 2029 completion. So while the profit numbers show near-term strength, the expansion is a long-range bet on future demand.
Questions answered
- How much did Supreme Petrochem's Q1 net profit grow?
- Standalone net profit rose to ₹236.33 crore from ₹80.92 crore in the same quarter last year.
- What is the new capacity expansion and its cost?
- The board approved a 80,000 tonnes per annum (TPA) polystyrene line at the Amdoshi complex in Maharashtra, with an estimated cost of ₹325 crore.
- How will the expansion be funded?
- Entirely through internal accruals, keeping the company debt-free.
- What will be the total capacity after the expansion?
- It will increase from the current 300,000 TPA to 380,000 TPA, a rise of nearly 27%.
- When will the new line be completed?
- The target date is March 2029.
- Why is the company adding polystyrene capacity?
- Citing increasing demand from the domestic appliances sector and export opportunities.
Story so far
All notes on SPLPETRO →- 27 Jul 2026 · 6:43 PM IST Supreme Petrochem net profit surges to ₹236 cr, board clears ₹325-cr expansion
- today Supreme Petrochem approves ₹325-cr expansion, capacity to hit 380k tonnes
- today Supreme Petrochem Q1 profit jumps to ₹236 cr; board clears ₹325-cr expansion