When considering the best shares to invest in, one cannot overlook the potential of Supreme Petrochem. In this blog, we will delve deep into the Supreme Petrochem Share Price Target for the years 2024, 2025, 2027, 2030, and 2040. We’ve conducted thorough research and consulted financial experts to bring you insights into the company’s growth, financial performance, and future prospects.
What is Supreme Petrochem Limited?
Supreme Petrochem Limited, established in 1995, is one of India’s largest producers and exporters of polystyrene polymers. The company, headquartered in Mumbai, Maharashtra, exports its products to over 93 countries. It plays a vital role in the petrochemical industry, providing essential materials for various applications such as packaging, construction, automotive, and electronics.
Company Name: Supreme Petrochem Limited
Market Cap: ₹16,877.52 Crore
Book Value: ₹114.52
Face Value: ₹2
52 Week High: ₹927.52
52 Week Low: ₹414.20
Dividend Yield: 1.02%
P/B Ratio: 7.89
With a robust presence in both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), Supreme Petrochem has consistently provided good returns to its investors.
Financial Data Analysis Of Supreme Petrochem Limited
Understanding the financial health of Supreme Petrochem is crucial for predicting its future share price. Below, we break down some key financial ratios that help in assessing the company’s performance:
Metric | Value |
PE Ratio | 40.19 |
Return on Assets (ROA) | 11.98% |
Current Ratio | 2.25 |
Return on Equity (ROE) | 17.95% |
These ratios are critical as they provide insights into the company’s profitability, operational efficiency, and overall financial health.
Supreme Petrochem Share Price History (2024 to 2040)
Supreme Petrochem’s shares have been in a bullish trend for quite some time. Below is a detailed analysis of the projected share prices from 2024 to 2040, considering historical data, current market conditions, and expert forecasts.
Supreme Petrochem Share Price Target 2024
Supreme Petrochem offers a variety of products, including polystyrene polymers, Expandable Polystyrene, and Specialty Compounds & Masterbatches. With over 93 countries as its export destinations, the company has a broad and deep reach across the globe.
Year | Supreme Petrochem Share Price Target 2024 |
1st Target | ₹710.25 |
2nd Target | ₹1,140.23 |
The company reported a net revenue of ₹2,345 billion in the third quarter of 2023, marking a year-on-year growth of 22%. These figures suggest a strong performance for 2024.
Supreme Petrochem Share Price Target 2025
Supreme Petrochem plays a significant role in the petrochemical sector, offering products like Expandable Polystyrene, used in various industries. This diversification into various sectors strengthens the company’s position.
Year | Supreme Petrochem Share Price Target 2025 |
1st Target | ₹1,160.52 |
2nd Target | ₹1,485.22 |
The company’s net profit grew from ₹1,225.23 Crore in December 2023 to ₹1,350.56 Crore in March 2024, reflecting its robust financial health.
Supreme Petrochem Share Price Target 2027
Supreme Petrochem offers various products, including Specialty Compounds & Masterbatches, making it easier for customers to access a wide range of petrochemical products.
Year | Supreme Petrochem Share Price Target 2027 |
1st Target | ₹1,805.33 |
2nd Target | ₹2,185.60 |
The company’s ROE and ROA have shown consistent improvement, indicating strong operational efficiency.
Supreme Petrochem Share Price Target 2030
Supreme Petrochem has expanded its business internationally and offers a variety of NRI accounts, making it a global player in the petrochemical sector.
Year | Supreme Petrochem Share Price Target 2030 |
1st Target | ₹2,952.36 |
2nd Target | ₹3,201.23 |
With a growing income and a stable tax base, the company is well-positioned for long-term growth.
Supreme Petrochem Share Price Target 2040
Supreme Petrochem has expanded its business internationally and offers a variety of NRI accounts, making it a global player in the petrochemical sector.
Year | Supreme Petrochem Share Price Target 2040 |
1st Target | ₹5,689.93 |
2nd Target | ₹5,978.11 |
With a growing income and a stable tax base, the company is well-positioned for long-term growth.
Peers of Supreme Petrochem Limited
Supreme Petrochem operates in a competitive market with several peers. Below are some of the key competitors:
- Aadi Industries
- Amal
- Aarti Ind
- Anupam Rasayan
- Aether Ind
Each of these companies poses unique challenges and opportunities in the marketplace, making the competitive landscape dynamic.
Investor Types and Ratios of Supreme Petrochem Limited
The growth of Supreme Petrochem is influenced by various types of investors. Understanding the distribution of these investors provides insights into the company’s market dynamics.
Public Holding
Public investors hold 13% of Supreme Petrochem’s shares. These investors range from individual retail investors to small and large companies.
Foreign Institutional Investors (FII)
FII investors hold a significant 12% of Supreme Petrochem’s shares. This level of international investment is a strong indicator of the company’s global appeal and financial stability.
Domestic Institutional Investors (DII)
DIIs, such as insurance companies and mutual funds, hold 10% of the company’s shares. This substantial domestic investment reflects confidence in the company’s long-term prospects.
Advantages and Disadvantages of Supreme Petrochem Share
Investing in Supreme Petrochem shares has its pros and cons, which are important to consider before making any investment decisions.
Advantages
- Strong Market Position: Supreme Petrochem is a leader in the Indian petrochemical industry, with a solid market presence and extensive export network.
- Robust Financials: The company’s strong financial ratios and profitability metrics indicate a healthy and growing business.
- Diverse Product Portfolio: The company’s product range caters to various industries, reducing dependence on a single market.
Disadvantages
- High Valuation: The current PE ratio suggests that the stock may be overvalued, which could limit upside potential in the short term.
- Industry Risks: Being in the petrochemical sector, the company is exposed to risks related to raw material prices, environmental regulations, and market demand fluctuations.
FAQs
Conclusion
Supreme Petrochem Limited is a formidable player in the Indian petrochemical industry, with a strong financial foundation, extensive market presence, and a diversified product portfolio. The projected share price targets for 2024, 2025, 2027, 2030, and 2040 reflect the company’s growth potential and market leadership.
Disclaimer: This blog is for educational purposes only and should not be considered as financial advice. Always consult with a SEBI-registered advisor before making any investment decisions.
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