Supreme Petrochem Ltd's Q3FY18 standalone net profit declines 21.01% yoy to Rs27.98cr

The company’s standalone revenue stood at Rs720.80cr, up 5.02% yoy and 2.43% qoq.

Jan 29, 2018 12:01 IST India Infoline Research Team

Supreme Petrochem Ltd Q3FY18

Standalone Results Q3FY18: (Rs. in crore)

Q3FY18 YoY (%)
Revenue 720.80 5.0
EBITDA 47.82 [18.4]
EBITDA Margin (%) 6.6 [191]
Net Profit (adjusted) 27.98 [21.0]
***EBITDA margin change is bps


Reco. Price


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Supreme Petrochem's Q3FY18 revenue came in at Rs720.80cr, an increase of 5% yoy. The operating profit for Q3FY18 stood at Rs47.82cr, a decline of 18.4% yoy. The EBITDA margin contracted by 191bps yoy to 6.63% in Q3FY18. The net profit for the quarter came in at Rs27.98cr with a decline of 21% yoy as against Rs35.42 in the corresponding quarter of the previous year.

• The cost of raw material consumed, purchase of trading goods and changes in inventory increased in Q3FY18 by ~7% to Rs628.16cr as against Rs587.27cr in Q3FY17.
• The employee benefit expenses increased significantly by ~30% to Rs12.24cr in Q3FY18.
• The effective tax rate of the company increased by ~140bps yoy to 34.6% in Q3FY18.

Technical View:

Supreme Petrochem Ltd is currently trading at Rs. 378.45, down by 22.05 points or 5.51% from its previous closing of Rs. 400.50 on the BSE.
The scrip opened at Rs. 406 and has touched a high and low of Rs. 406 and Rs. 375.60 respectively. So far 1,45,431(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 50 DMA.

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