### **1. Company Overview** Supreme Industries Limited is India’s leading manufacturer of plastic products, with over 80 years of industry presence and a pan-India footprint. Headquartered in Mumbai, the company operates **35 technologically advanced manufacturing facilities** across India and serves customers in all 35 states and union territories, with a strong export presence in over **60 countries**. With a diverse product portfolio, Supreme Industries caters to multiple sectors including housing, infrastructure, agriculture, industrial, automotive, and consumer markets. Its business is organized into key verticals: - Plastic Piping Systems - Cross Laminated Films - Protective Packaging - Industrial Moulded Components - Moulded Furniture - Storage & Material Handling Products - Performance Packaging Films - Composite LPG Cylinders As of FY2024–25, the company achieved over **₹10,000 crore in turnover**, sold **640,000+ metric tons** of plastic products, and has a market capitalization of approximately **₹59,000 crore**. --- ### **2. Strategic Partnership & Technology Acquisition (Wavin B.V., Orbia Group) – August 2025** - In **August 2025**, Supreme Industries entered into an **exclusive seven-year Master Technology License Agreement** with **Wavin B.V.**, part of the Orbia group, for plastic piping systems across **India and SAARC countries**. - The agreement grants **access to Wavin’s present and future water management technologies** in drinking water, wastewater, stormwater, and underground drainage systems. - Supreme now markets products developed using this technology under the **“Made with Wavin Technology”** branding, while existing products retain the Supreme brand. - The acquisition of Wavin’s **Indian manufacturing operations** in **Banmore (MP), Hyderabad (Telangana), and Neemrana (Rajasthan)** added **71,000–73,000 MT of HDPE piping capacity**, bringing the total installed capacity in the piping division to **~870,000 MT/year** as of March 2025. - This strategic move positions Supreme to scale advanced water solutions nationwide and strengthen its dominance in residential, commercial, and industrial infrastructure segments. --- ### **3. Major Projects & Expansions (2025–2026)** #### **Plastic Piping Division** - **Capacity Expansion**: New greenfield units under development in **Bihar and Jammu**, expected to become operational in **H1 2027**, will enhance regional reach and reduce logistics costs. - **New Product Launches (2025–26)**: - **Serene & Serene Plus**: Proprietary **PP Silent Drainage Systems**, developed in technical collaboration with **Poloplast GmbH (Austria)**, now in full-scale national rollout. - **PE Gas Piping System**: BIS-certified; Supreme is the **only Indian manufacturer offering both PE pipes and DVGW-approved fittings**, positioning it as a complete solution provider. - **Rainwater Harvesting (RWH) Systems**, **Siphonic Drainage**, **Electrofusion (EF) Fittings**, and **3-Layer PPR Industrial Pipes**. - **OPVC (Oriented PVC) Pipes**: Acquired **Parvati Agro Plast's facility in Sangli**, expanding OPVC manufacturing at **Sangli, Cuttack, and Jadcherla**. OPVC offers a cost-effective alternative to Ductile Iron (DI) pipes in high-pressure water supply. - **cPVC & PEX Systems**: cPVC sales grew **20% YoY**, with capacity expansion at **Gadegaon**. PEX systems (including e-lite) utilize **Swiss TIG butt-welding technology** for high-rise applications. #### **Window & Doors Business (uPVC Profiles)** - A new **state-of-the-art uPVC profile and window fabrication unit** is being commissioned in **Kanpur Dehat (Uttar Pradesh)** on a **34-acre site**. - Initial production capacity: **5,000 tons/year**, with commercial launch expected in **December 2025**. - Focus: Customized windows for **Uttar Pradesh, NCR, and Haryana**, with plans for broader expansion via additional fabrication units. - Expected market impact: Entry into a **130,000-ton annual market** with significant growth potential. #### **Protective Packaging & Industrial Valves** - **Protective Packaging**: - New facility planned in **Western Maharashtra** near a major port to support **export demand**. - Target: **₹1,000 crore revenue** within FY25–26, becoming the **second-largest division**. - Expanding capacity in **Jadcherla, Malanpur, and Kharagpur**. - **Industrial Valves**: - New **Malanpur (MP) facility** producing **butterfly, ball, and swing check valves**, with a **1.5 million units/month** capacity. - Products meet global standards and are gaining traction in industrial applications. --- ### **4. Innovation & R&D Highlights** #### **New Products and Systems (2025)** - **CopperShield Water Tanks**: Feature **antibacterial copper-infused layer**, robust 4-layer structure. - **Weather Shield Tanks**: Enhanced thermal insulation; gaining market share. - **Cleano Self-Cleaning Overhead Tank**: Conical bottom, prevents clogging, ideal for sloped roofs. - **Raingain Infiltration Modules**: Underground stormwater storage with **>95% void volume**, IGBC/LEED compliant. - **Type IV CNG Cylinders**: Supreme is the **second Indian company to receive certification**, with first cascade order received. - **CableShield Conduits**: Flame-retardant, corrosion-free uPVC and PP conduits for electrical infrastructure. - **Sato Sanitation Products**: Low-cost, odor-free rural toilets developed with **Sato Japan**, distributed via Supreme’s network. #### **Bath Fittings & Sanitaryware** - Launched **PTMT-based showers and faucets** in collaboration with **LIXIL (Japan)**. - Bath Fittings business saw **100% growth YoY**, with SKUs increasing from **421 to 629**. - A new **in-house surface coating facility** established at **Puducherry plant**, enhancing product durability and sustainability. - **Puducherry plant employs over 300 rural women**, exemplifying social empowerment. --- ### **5. Financial & Capital Expenditure Outlook** - **Capex (FY25–26)**: Approximately **₹1,100 crore**, including: - **₹260 crore** paid in **royalties** for Wavin technology. - Investments in greenfield plants, machinery, and R&D. - Funding: Entirely from **internal accruals**; maintains **CRISIL AA+ rated debt** and sound financial health. - **Planned Production Capacity by FY2025–26**: **1 million metric tons per annum** in plastic piping. - **Value-Added Products**: Now contribute **39% of total turnover** (₹4,060 crores), up from 37% (₹3,748 crores) in prior year. --- ### **6. Market and Competitive Positioning** #### **Piping Systems** - Market leader in organized plastic piping (est. **15% share**). - Offers **50+ piping systems** (up from 45), the **broadest portfolio in India**. - Strong presence in **housing (dominant)**, agriculture, and infrastructure. - Gains from **Jal Jeevan Mission**, **Nal se Jal**, **gas pipeline expansion**, and **urban water projects**. #### **Cross Laminated Film (XF) & Protective Packaging** - Government demand returning after 5-year gap due to preference for **high-quality, durable tarpaulins** over low-cost substitutes. - Export growth in **Africa, Middle East, and Europe**. - Developing **Cross Plastics** — a high-strength, proprietary film — with trials underway. #### **Exports** - Growing focus on **Europe, USA, and former USSR countries** amid shifting global sourcing. - Performance Films division saw **18% YoY export volume growth**. - Global expansion supported by product certifications (DVGW, BIS, DCL), exhibitions, and local partnerships. --- ### **7. Sustainability & ESG Initiatives** - Installed **rooftop and structure-mounted solar plants** across multiple units to reduce energy costs and carbon footprint. - **Recycled content innovation**: Holds patent for **recycling cross-linked waste into usable foam** (65% recycled), reducing landfill use. - **Emissions reduction**: Use of **virgin polymers and non-hazardous materials** ensures environmental compliance.