The Supreme Industries Limited (SUPREMEIND.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+17.3%

₹3,815.05

vs ₹3,252.00 price

Levered DCF

₹4,972.49

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

Safe zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	49.87×	44.05×	49.55×	36.9×	26.85×	26.53×	23.58×	31.28×
P/B	7.71×	7.48×	10.37×	7.25×	6.76×	8.19×	4.87×	7.04×
P/S	4.24×	4.05×	5.23×	3.47×	3.35×	4.08×	2×	2.5×
EV / EBITDA	27.66×	28.56×	33.26×	25.69×	20.33×	19.61×	13.08×	18.05×
Gross margin	23.6%	31.1%	31.8%	27.8%	30.7%	35.9%	34.5%	31.5%
Operating margin	10.0%	25.2%	26.1%	22.7%	25.4%	30.2%	28.2%	25.6%
Net margin	8.5%	9.2%	10.6%	9.4%	12.5%	15.4%	8.5%	8.0%
Current ratio	2.2×	2.36×	2.58×	2.53×	2.47×	2.13×	1.37×	1.43×
Debt / equity	0.01×	0.01×	0.01×	0.01×	0.01×	0.01×	0.2×	0.08×
Interest coverage	38.78×	221.07×	212.05×	260.42×	407.03×	97.25×	52.32×	42.75×
Dividend yield	0.9%	1.0%	0.7%	1.0%	1.1%	0.2%	3.2%	1.4%
Payout ratio	46.6%	42.3%	33.2%	35.2%	30.2%	6.5%	75.4%	44.4%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	15.5%	17.0%	20.9%	19.7%	25.2%	30.9%	20.7%	22.5%
Return on invested capital	13.5%	34.8%	37.9%	35.6%	38.7%	46.6%	39.5%	42.2%
Return on assets	12.2%	13.4%	16.3%	15.2%	19.4%	22.8%	12.9%	14.6%
Free cash flow yield	0.9%	0.3%	1.6%	1.5%	0.0%	3.9%	2.7%	1.5%
Earnings yield	2.0%	2.3%	2.0%	2.7%	3.7%	3.8%	4.2%	3.2%
Enterprise value	₹470.1B	₹414.5B	₹518.8B	₹312.4B	₹255.3B	₹252.2B	₹112.5B	₹141.7B
Net debt / EBITDA	-0.33×	-0.6×	-0.72×	-0.56×	-0.38×	-0.56×	0.27×	0.17×
Cash conversion cycle (days)	41	41	37	46	53	33	55	44