26-Oct-2026 13:27:05
SUPREME INDUSTRIES Q2 FY27: PLASTIC PIPING VOLUMES UP 24%; MANAGEMENT EXPECTS STRONGER GROWTH IN FY27
• Plastic Piping Business: Volume growth of approximately 24% in Q2 FY27, compared with 2% growth in H1 FY27. • FY27 Outlook: Management aims to sustain Q2 growth momentum and achieve better full-year volume growth. • Polymer Prices: Operating environment stabilised in Q2 after significant price volatility in Q1. • Government Support: Minimum Import Price (MIP) on Suspension Grade PVC Resin and withdrawal of customs duty exemption helped reduce polymer price volatility. • Infrastructure Demand: Strong long-term demand visibility from housing, irrigation, water management, urban infrastructure and city gas distribution projects. • Value-Added Products: Increasing focus on PERT pipes, gas piping systems, electrofusion fittings, premium bath fittings and industrial valves. • Wavin Integration: Successful integration strengthens manufacturing capabilities, technology access and differentiated product offerings. • uPVC Windows & Doors: Encouraging market response; expanding dealer network. Management expects the business to become an important growth driver over the next two years. • Composite Cylinders: Capacity utilisation gradually improving as all three Oil Marketing Companies initiate procurement activities. • New Growth Opportunities: Exploring composite cylinder exports and expanding participation in CNG cascade applications. • Key Risk: West Asia geopolitical tensions could trigger further polymer price volatility and affect demand visibility.
SUPREME INDUSTRIES LTD