Polystyrene (PS) Market Size – The market size of polystyrene at world level was USD 48.91 billion in 2024 and is forecasted to increase at a CAGR of 3.8% from 2025 to 2030. The rising demand of polystyrene in the packaging sector. The polystyrene is light in weight and amazing insulation properties have made priority for packaging materials specially in food and beverage industry. As consumers become more aware regarding environment protection, there is increasing preference on durable and recyclable packaging solutions. Additionally, it is important to note that polystyrene is dependent on construction and automotive sector. PS foam boards and sheets has wide use in construction and insulation whereas Polystyrene is utilized in several automotive sector making contribution to lightweight efforts.
Expandable Polystyrene (EPS) – The expanded polystyrene market at international level was valued at USD 10.18 billion in 2022 and is projected to increase at a CAGR of 8.59% from 2023 to 2030. The expanded polystyrene has following properties such as thermal insulation, moisture resistance, and amazing shock absorption which has led to rise in demand in packaging applications. The huge growth in food service sector due to increment in food retail chains with increasing requirement of packaged food is forecasted to increase the consumption of EPS.
Specialty Polymer Compounds (SPC) – The market size of Specialty Polymer is projected to reach $127363 million by 2030 at a CAGR of 6.4% during projected period of 2024-2030. Specialty Polymers have come from natural polymers, synthetic macromolecule polymers, and semisynthetic polymers. SPC have various benefits such as flame resistance, heat stability, and increase in performance of gas barrier. They are used in various usage including monomers, resins, polymers, and more. The increasing transportation sector is the basic growth of specialty polymers market.
Extruded Polystyrene Boards (XPS) – The market value of Extruded Polystyerne market is forecasts to increase from USD 5.6 billion in 2023 to USD 6.9 billion by 2028 at a CAGR of 4.3%. XPS material has multiple uses and long lasting material with insulation integrated with closed-cell foam. It is produced by heating polystyrene resin and then extruding it into tough boards or panels. It provides amazing thermal insulation which makes it convenient for construction uses in roofs, walls, foundations, and floors. It is broadly used in building sector for its heavy tensile strength. In this article, you will learn interesting information about Supreme Petrochem Ltd Share Price Target, market cap, ROCE, ROE, industry, established, revenue, net profit, and employees.
Supreme Petrochem Ltd – Key Points
Name of the promoter
Supreme Industries Ltd
Industry
Manufacture and Trading of Petrochemicals
Headquarters
Mumbai, India
Established
1989
Employees
434
Supreme Petrochem Ltd – Statistics
Market cap
Rs 12,192 crores
ROCE
23.9%
ROE
18.4%
Interest coverage ratio
74 times
Book value
Rs 119
Face value
Rs 2
Stock PE
31.2
About Supreme Petrochem Ltd
The Supreme Industries Ltd was founded in 1942 is important with passage of time and consistently is household name just because of amazing value they include. Raheja Group has multiple business which covers cement, cable TV, construction, ceramic tiles, automotive batteries, retail superstores. Supreme Petrochem Ltd. marketed jointly by The Supreme Industries Ltd, the largest plastics processor in India and it is diversified R. Raheja Investments Pvt. Ltd.
The company started its business in 1995 with humble beginning of polystyrene plant of 66,000 TPA production capacity. In just time span of 10 years or less, the company became top player in polystyrene in India with market share more than 50%. The installed production capacity has increased to 300,000 TPA which efficent develops SPL one of the largest single location PS manufacturer in Asia. At present, the company delivers its clients in more than 100 countries globally. To increase its Styrenic spectrum, the company has entered into manufacturing of EPS at many different locations. At present, production capacity of EPS is 118,000 TPA. From being a top player of commodity, the company is managing as supplier of valuable products.
The company has done something innovative by building specialty PP compounds for Appliances and Automotive applications. The company has scaled its masterbatch variety to include white, black, colour, filler, and UV variants with various carrier resins.At the same time, SPL commenced India’s first and only integrated plant of XPS in 2007 and only integrated manufacturing unit of XPS (Extruded Polystyrene) Insulation foam boards to support and perform marketing Green Building movement in India and are registered with IGBC and GRIHA.
Revenue and net profit
Particulars
FY-24 (Rs. in crores)
Sales
10,134
Expenses
8,587
EBITDA
1,547
Other income
173
Interest
16
Depreciation
298
Profit before tax
1,405
-Tax (%)
(24%)
Net profit
1,070
EPS in Rs.
84.21
Balance Sheet (FY-24)
Liabilities
Rs
Assets
Rs
Equity Capital
25
Fixed assets
2,322
Reserves
5,083
CWIP
149
Borrowings
55
Investments
638
Other Liabilities
1,392
Other assets
3,447
Total Liabilities
6,556
Total assets
6,556
Shareholding Pattern (March 2025)
Promoters
48.85%
FIIs
22.94%
DIIs
13.25%
Public
14.96%
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Supreme Petrochem Ltd Share Price Target – 2025 to 2040
Year
Minimum price (Rs)
Average price (Rs)
Maximum price (Rs)
2025
3440
3593
3745
2026
3784
3975
4165
2027
4276
4555
4834
2028
4875
5245
5614
2029
5654
6094
6534
2030
6616
6796
6975
2035
9924
10,135
10,345
2040
14,885
15,822
16,758
Supreme Petrochem Ltd Share Price Target – 2025
If market observes downward sentiments, the minimum projected price is estimated to hit Rs 3440. The average trading price is projected to hit Rs 3593 at the mid of the year. If market observes bullish sentiments, the maximum projected price is estimated to hit Rs 3745. The management of company is dynamic and has deep knowledge of styrene market and has the capacity to distribute styrene on consistent basis. India is known as main partner at present then earlier. The company has been backed by South East, Middle East, and East Asia distributors for Styrene. The infrastructure of shore tank production has been increased in several regions to fulfill requirements of company and its customers for Styrene.
Supreme Petrochem Ltd Share Price Target – 2026
If market faces bearish signals, the minimum forecasted price is expected to hit Rs 3784. The average trading price is forecasted to hit Rs 3975 at the mid of the year. If market observes bullish signals, the maximum projected price is anticipated to touch Rs 4165. The requirement of Polystyrene throughout the year was stable compared to previous year due to low demand in Appliance industry. The company’s national sales from Non OEM of Polystyrene was also stagnant and did not witnessed amazing growth. The company was able to manage its market share due to best quality products and interacting in consistent enhancement program. The company has created basic grades particularly to counter less import prices and present the same to sector lead by imports.
Supreme Petrochem Ltd Share Price Target – 2027
If the market faces downward sentiments, the minimum projected price is anticipated to hit Rs 4276. The average trading price is projected to hit Rs 4555 at the mid of the year. If market observes bullish signals, the maximum forecasted price is anticipated to hit Rs 4834. The company’s Expandable Polystyrene (EPS) business observed growth of over 10% throughout the year by adding more fresh customers into its business and rise its market share in many applications. The company’s Manali manufacturing unit located in Tamil Nadu affected its business for over two weeks. During this period of two weeks, the demand of customers in southern regions was fulfilled from Amdoshi manufacturing unit.
The company was able to cater requirements of customers located in North India which were impacted by temporary shut down of manufacturers in north India.
Supreme Petrochem Ltd Share Price Target – 2028
If market faces bearish sentiments, the minimum projected price is anticipated to hit Rs4875. The average trading price is projected to hit Rs 5245 at the mid of the year. If market observes bullish sentiments, the maximum projected price is expected to hit Rs 5614. The Speciality Polymer Compounds (SPC) witnessed growth of ver 23% throughout the year. The company achieved huge growth due to heavy competition in Black MB market by managing regular best-quality products. The company maintains proper guidelines and company updated varioud FR polymers provided by it and this encouraged to scale its FR compounds business.
Supreme Petrochem Ltd Share Price Target – 2029
If market faces bearish sentiments, the minimum projected price is expected to hit Rs 5654. The average trading price is projected to hit Rs 6094 at the mid of the year. If market observes bullish sentiments, the maximum projected price is anticipated to touch Rs 6534. The company can receive BIS License for production of variety of ABS compounds in short span of time which may boost the compounds business in future. In production of huge ABS grades that will be available once ABS project is completed, the technical team is fully involved in building various compounded grades to fulfill requirement of applications in electrical and electronics segment.
Supreme Petrochem Ltd Share Price Target – 2030
If market observes bearish sentiments, the minimum projected price is anticipated to hit Rs 6616. The average trading price is projected to hit Rs 6796 at the mid of the year. If market observes bullish signals, the maximum forecasted price is expected to touch Rs 6975. The company has made huge efforts in importing and distributing ABS grades were praised by customers in different segments of ABS markets. The compounds manufactured by company were accepted by all. The distribution channel was disturbed due to strict BIS certification process, the company once again started distribution of compounds. BIS certification of Vertalis company located in Italy is ongoing. Once the certification process gets done, the company will commence seed marketing program which is set in such a way that seed promotion gets completed and commissioning of project will be done smoothly.
Supreme Petrochem Ltd Share Price Target – 2035
If market faces bearish sentiments, the minimum projected price is anticipated to hit Rs9924. The average trading price is projected to hit Rs 10,135 at the mid of the year. If market observes bullish sentiments, the maximum projected price is anticipated to touch Rs 10,345. The exports of Polystyrene were scaled on completion of expansion and same increased by over 84% compared to last year. The exports of other products raised by 63% compared to last year. The total volume of exports observed growth of 82% compared to last year. Moreover, huge freight prices which has led to Red Sea issues impacted the export in previous quarter to customers of Europe, East Coast of USA, and Turkey.
Supreme Petrochem Ltd Share Price Target – 2040
If market observes downward sentiments, the minimum projected price is expected to hit Rs 14,885. The average trading price is projected to hit Rs 15,822 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is expected to touch Rs 16,758. Checking of new compound lines for ABS along with engineering compound is completed on time and order is being done within short time. Company made announcement of new development centre at village Munak, Karnal, Haryana.
FAQs
Q1) Who is the promoter of Supreme Petrochem Ltd?
Ans – The promoter of Supreme Petrochem Ltd is Supreme Industries Ltd and Rajan Raheja Group.
Q2) Who is CEO of Supreme Petrochem Ltd?
Ans – The CEO of Supreme Petrochem Ltd is VT Nandakumar Nair.
Q3) What is the turnover of Supreme Petrochem Ltd?
Ans – The turnover of Supreme Petrochem Ltd in FY-14 was Rs 3,961 crores which has increased to Rs 10,134 crores in FY-24.
Q4) Who are the competitors of Supreme Petrochem Ltd?
Ans – The competitors of Supreme Petrochem Ltd are: Astral, Finolex Industries, Time Technoplast, Shailly Engineering Plastics, Responsive Industries.
Q5) What product does Supreme Petrochem Ltd make?
Ans – The company manufactures seven grades of both General Purpose Polystyrene (GPPS) and High Impact Polystyrene (HIPS) for injection moulding, thermoforming, blow moulding applications, and extrusion.
Q6) What is the market share of Supreme Petrochem Ltd make?
Ans – The company is top player in domestic Polystyrene and Expanded Polystyrene with market share of 50%.
Q7) What is the production capacity of Supreme Petrochem Ltd?
Ans – The installed production capacity is 300,000 TPA making one of the largest single location Polystyerene producer in Asia.
Q8) Is Supreme Petrochem Ltd a good share to buy?
Ans –Yes,Supreme Petrochem Ltd is a good share to buy for long-term purpose. The net profit of company in FY-14 was Rs 283 crores which has increased to Rs 1,070 crores in FY-24. The share price of company in FY-1999 in 6.10 which has increased to Rs 654.95 in FY-25 in past 25 years, generating returns of almost 10,636.89%.
