Ref. No.

SH/13/2021
3rd May, 2021

National Stock Exchange of India Ltd., BSE Limited.,

Exchange Plaza, 5th floor, Market-Operation Dept.,
Plot No. C/1, G. Block, 1st Floor, New Trading Ring,
Bandra-Kurla Complex, Rotunda Bldg., P.J. Towers,
Bandra (East), Dalal Street,
MUMBAI – 400051. Fort, MUMBAI 400023.

Sub: Outcome of Board Meeting of the Company held on 3rd May, 2021.

Ref: Regulation 30 and other applicable provisions of SEBI (Listing Obligations

and Disclosure Requirements) Regulations, 2015

Dear Sirs,

Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors
of the Company at its meeting held on Monday, the 3rd May, 2021, inter- alia, approved the
following;
1. Approved and adopted Audited Financial Statements (both Consolidated and
Standalone) for the Quarter and Financial Year ended 31st March, 2021.

We enclose a copy of each of:

i. Audited Financial Statements (both Consolidated and Standalone) for the
Quarter and Financial Year ended 31st March, 2021.
ii. Auditors Report for the period under review
iii. Declaration with respect to Audit Report with unmodified opinion to the aforesaid
Audited Financial Statements.
iv. Press Release.
2. Recommended a Final Dividend @ 850 % i.e. Rs. 17 /- (Rupees Seventeen Rupees
only) per Share of Rs 2/- each (F.V.) on 127026870 Nos. of Equity Shares for the
financial year ended 31st March, 2021.

3. Annual General Meeting and Book Closures

i. The 79th Annual General Meeting of the Members of the Company is scheduled to be
held on Tuesday, 29th June, 2021 at 4.00 p.m. at Mumbai, through Video-
Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) in accordance with
relevant circulars issued by the Ministry of Corporate Affairs, Government of India
and Securities and Exchange Board of India.
ii. Register of Members and the Share Transfer Books of the Company will remain
closed from Wednesday, 23rd June, 2021 to Tuesday, 29th June, 2021 (both days
inclusive), for the purpose of Annual General Meeting and Dividend. The Dividend as

The Supreme Industries Limited +91(022)22820072,22851656

Regd. Off. : 612, Raheja Chambers, Nariman Point, Mumbai-400 021. INDIA +91 (022) 22851657, 30925825
CIN: L35920MH1942PLC003554 PAN: AAACT1344F sil [email protected]
Corp. Off. : 1161 & 1162, Solitaire Corporate Park, 167, Guru Hargovindji Marg, Andheri- Ghatkopar Link Road, Chakala, Andheri (East), Mumbai-
400093. INDIA +91 (022) 67710000, 40430000 +91 (022) 67710099, 40430099 sil [email protected] www.supreme.co.in
 recommended by the Board, if approved at the 79th Annual General Meeting, will be
paid on after 5th July, 2021.

The Dividend when sanctioned will be payable to those Equity Shareholders, whose
names stands on the Register of Members on the close of 29th June, 2021. However,
in respect of Shares held in the electronic form, the Dividend will be payable, to the
beneficial owners of the said Shares as at close of Tuesday, 22nd June, 2021
(Record Date), as per details furnished by Depositories.

iii. Pursuant to the provisions of Section 108 of the Companies Act, 2013 and Rule 20
of the Companies (Management and Administration) Rules, 2014, as amended from
time to time and Regulation 44 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 the Company shall provide its members the facility
to exercise their votes electronically for transacting the items of business as set out
in the Notice of Annual General Meeting.
For the aforesaid purpose, the Company has fixed Tuesday 22nd June, 2021, as the
cut-off date to determine the entitlement of voting rights of members for remote e-
voting.

The meeting commenced at 11.00 a.m. and ended at 01.15 p.m.

Please take the same on your records.

Thanking you,

Yours faithfully,
For The Supreme Industries Ltd.,
Digitally signed by RAJENDRAKUMAR JUGALKISHORE SABOO

RAJENDRAKUMAR DN: c=IN, o=Personal,

pseudonym=d69ed463a5f6a03007e9f52e3a24829f51e4ace8672b40006
1f5633bb1247f27, postalCode=400014, st=MAHARASHTRA,

JUGALKISHORE SABOO serialNumber=ca00050c5820c01b5718dbf44de8aa6b977e57bfdd029cc

db29ad6347cae27b8, cn=RAJENDRAKUMAR JUGALKISHORE SABOO
Date: 2021.05.03 13:20:57 +05'30'

(R.J. Saboo)
VP (Corporate Affairs) &
Company Secretary

The Supreme Industries Limited +91(022)22820072,22851656

Regd. Off. : 612, Raheja Chambers, Nariman Point, Mumbai-400 021. INDIA +91 (022) 22851657, 30925825
CIN: L35920MH1942PLC003554 PAN: AAACT1344F sil [email protected]
Corp. Off. : 1161 & 1162, Solitaire Corporate Park, 167, Guru Hargovindji Marg, Andheri- Ghatkopar Link Road, Chakala, Andheri (East), Mumbai-
400093. INDIA +91 (022) 67710000, 40430000 +91 (022) 67710099, 40430099 sil [email protected] www.supreme.co.in
 The Supreme Industries Limited
CIN : L35920MH1942PLC003554; Regd. Office: 612, Raheja Chambers, Nariman Point, Mumbai 400 021; Website : www.supreme.co.in; Tel. 91 22 22851656; Fax: 91 22 22851657

Statement of Audited Consolidated Financial Results for the Quarter and Year ended 31st March, 2021
Rs. In lakhs
Quarter ended Year ended Previous Year ended
Particulars 31.03.2021 31.12.2020 31.03.2020 31.03.2021 31.03.2020
Audited (Refer Note 8b) (Unaudited) Audited (Refer Note 8b) (Audited) (Audited)

1 INCOME
(a) Revenue from operations 208459 184380 143049 635706 551154
(b) Other income 366 25 6 427 143

TOTAL INCOME 208825 184405 143055 636133 551297

2 EXPENSES
(a) Cost of materials consumed 120990 107812 87937 376436 370600
(b) Purchases of traded Goods 2717 4939 1203 12357 4742
(c) Changes in inventories of finished goods, Semi finished goods and
traded goods 3733 3352 (4326) 15053 (17514)
(d) Employee benefits expenses 9310 8129 7420 31036 27904
(e) Finance costs (Refer note 3b) 46 (124) 421 950 2019
(f) Depreciation and amortisation expense 5480 5492 5287 21279 20568
(g) Power and fuel expense 5480 5536 5508 19857 21608
(h) Other expenses 15255 14456 17964 52542 60359

TOTAL EXPENSES 163011 149592 121414 529510 490286

3 PROFIT BEFORE SHARE OF PROFIT OF ASSOCIATES [1-2] 45814 34813 21641 106623 61011

4 SHARE OF PROFIT OF ASSOCIATES 7034 5279 697 14599 3121

5 PROFIT BEFORE TAX [3+4] 52848 40092 22338 121222 64132

6 TAX EXPENSES (Refer note 3c ) 7810 8864 10610 23408 17392

7 PROFIT AFTER TAX [5-6] 45038 31228 11728 97814 46740

8 OTHER COMPREHENSIVE INCOME (NET OF TAX)

(a) Items that will not be reclassified subsequently to Profit or loss
Remeasurment of net defined benefit plans 77 (84) (294) (174) (566)
Income Tax relating to Remeasurment of net defined benefit plans (19) 21 74 44 143

(b) Share of other comprehensive income in associates (net of tax) (25) - (17) (25) (17)
TOTAL OTHER COMPREHENSIVE INCOME (NET OF TAX) 33 (63) (237) (155) (440)

9 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD [7+8] 45071 31165 11491 97659 46300

10 EQUITY
Equity share capital 2541 2541 2541 2541 2541
Other equity 314380 223578

11 EARNING PER SHARE - BASIC & DILUTED (RS.) 35.46 24.58 9.23 77.00 36.80
 The Supreme Industries Limited
CIN : L35920MH1942PLC003554; Regd. Office: 612, Raheja Chambers, Nariman Point, Mumbai 400 021; Website : www.supreme.co.in; Tel. 91 22 22851656; Fax: 91 22 22851657

Statement of Audited Standalone Financial Results for the Quarter and Year ended 31st March, 2021
Rs. in Lakhs
Quarter ended Year ended Previous Year ended
Particulars 31.03.2021 31.12.2020 31.03.2020 31.03.2021 31.03.2020
Audited (Refer Note 8b) (Unaudited) Audited (Refer Note 8b) (Audited) (Audited)
1 INCOME
(a) Revenue from operations 208459 184377 143042 635699 551127
(b) Other income 420 694 6 1584 1879

TOTAL INCOME 208879 185071 143048 637283 553006

2 EXPENSES
(a) Cost of materials consumed 120990 107812 87948 376436 370600
(b) Purchases of traded Goods 2718 4938 1190 12354 4729
(c) Changes in inventories of finished goods, Semi finished goods and
traded goods 3733 3352 (4326) 15053 (17514)
(d) Employee benefits expenses 9277 8094 7381 30935 27791
(e) Finance costs (Refer note 3b) 46 (124) 420 950 2018
(f) Depreciation and amortisation expense 5479 5492 5286 21278 20567
(g) Power and fuel expense 5480 5536 5508 19857 21608
(h) Other expenses 15284 14473 17965 52629 60421

TOTAL EXPENSES 163007 149573 121372 529492 490220

3 PROFIT BEFORE TAX [1-2] 45872 35498 21676 107791 62786

4 TAX EXPENSES 12055 8864 6365 27653 13147

5 PROFIT AFTER TAX [3-4] 33817 26634 15311 80138 49639

6 OTHER COMPREHENSIVE INCOME (NET OF TAX)

Items that will not be reclassified subsequently to Profit or loss
(a) Remeasurment of net defined benefit plans 77 (84) (294) (174) (566)
(b) Income Tax relating to Remeasurment of net defined benefit plans (19) 21 74 44 143
TOTAL OTHER COMPREHENSIVE INCOME (NET OF TAX) 58 (63) (220) (130) (423)

7 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD [5+6] 33875 26571 15091 80008 49216

8 EQUITY
Equity share capital 2541 2541 2541 2541 2541
Other equity 284376 210718

9 EARNING PER SHARE - BASIC & DILUTED (RS.) 26.62 20.97 12.05 63.09 39.08
Notes:

1 The Company sold 111238 MT of Plastic goods and achieved net product turnover of Rs. 2049 Crores during the 4th quarter of the current year against
sales of 103200 MT of Plastic goods and achieved net product turnover of Rs. 1380 Crores in the corresponding quarter of previous year achieving volume
and product value growth of about 8 % and 48 %, respectively. The Company sold 409109 MT of Plastic goods and achieved net product turnover of Rs.
6177 Crores during the year under review against sales of 411521 MT and net product turnover of Rs. 5408 crores in the previous year resulting in volume
degrowth of about 1 % and product value growth of about 14 %, respectively.

2 As a result of the nationwide lockdown imposed by the Government of India, the operations of the Company were temporarily disrupted at its various
manufacturing facilities impacting production and dispatches from the second half of March 2020. The Company had resumed operations since last week
of April 2020 / first week of May 2020 in compliance with the guidelines issued by respective authorities and is continuing to take adequate precautions for
safety and wellbeing of its employees. In view of recent surge in Covid-19 cases, few states reintroduced some restrictions and the Company continues to
be vigilant and cautious.
The Company has considered the possible impact of COVID-19 in preparation of the above results. The impact of the global health pandemic may be
different from that estimated as at the date of approval of results. Considering the continuing uncertainties, the Company will continue to closely monitor
any material changes to future economic conditions.

3 (a) In the standalone results, "Other Income" for the current year includes dividend received from Supreme Petrochem Limited, an associate of Rs. 1157
lakhs (Previous periods Rs. 1736 lakhs).

(b) In Standalone and consolidated results - Finance cost comprise: Rs. In lakhs
Quarter ended Year ended Previous Year ended
Particulars
31.03.2021 31.12.2020 31.03.2020 31.03.2021 31.03.2020

Finance costs 504 219 1066 2213 2966

Less: Finance income 458 343 646 1263 948

Finance costs 46 (124) 420 950 2018

(c) Tax expenses in consolidated results for the quarter and year ended 31st March' 2021 is net of Rs. 4245 lakhs being deferred tax liability recognised
earlier on share of undistributed profits of an associate, now reversed.

4 The Board of Directors has recommended payment of final dividend @ 850 % i.e. Rs. 17 /- per equity share on 12,70,26,870 Equity Shares of Rs.2/- each
for the year ended 31st March, 2021 which together with Interim Dividend paid @ 250% i.e. Rs. 5/- per equity share aggregates to @ 1100 % i.e. Rs. 22 /-
per equity share for the current year (Previous year @ 700% i.e. Rs. 14/- per equity share). Total outflow for dividend shall absorb a sum of Rs. 279 Crores
as against Rs. 214 Crores (including tax on dividend distribution) in previous year.

5 Segment Reporting : Rs. In lakhs

Quarter ended Year ended Previous Year ended
Particulars 31.03.2021 31.12.2020 31.03.2020 31.03.2021 31.03.2020
Audited (Refer Note 8b) (Unaudited) Audited (Refer Note 8b) (Audited) (Audited)
1) Segment Revenue
Plastics Piping Products 134675 114020 93702 409879 344487
Industrial Products 29309 21610 15927 76112 67319
Packaging Products 30973 31792 20758 103506 95927
Consumer Products 12400 11674 9498 35421 38320
Others 1102 5284 3164 10788 5101
Net Revenue from Operations 208459 184380 143049 635706 551154
2) Segment Results - - - - -
Plastics Piping Products 35701 25027 16883 82129 46052
Industrial Products 3902 2005 1401 6346 3258
Packaging Products 4080 3987 3336 12459 10151
Consumer Products 2864 2283 1852 5966 5760
Others 39 1392 479 2423 497
Total Segment Profit before Interest and Tax 46586 34694 23951 109323 65718
Add: Share of profit of associates 7034 5279 697 14599 3121
Less: Finance Cost 46 (124) 421 950 2019
Less: Other Unallocable expenditure (net of other 726 5 1889 1750 2688
income)
Profit before Tax 52848 40092 22338 121222 64132
Less: Provision for Tax 7810 8864 10610 23408 17392
Profit after Tax 45038 31228 11728 97814 46740
Add: Other comprehensive income (net of tax) 33 (63) (237) (155) (440)
Total Comprehensive Income 45071 31165 11491 97659 46300
45071 31165 11491 97659 46300
Notes on segment information 0 0 0 0 0
5.1 Business segments
Based on the "management approach" as defined in Ind-AS 108 - Operating Segments, the Managing Director/Decision Maker evaluates the Company's
performance and allocates resources based on an analysis of various performance indicators by business segments. Accordingly, information has been
presented along with these business segments. The accounting principles used in the preparation of the financial statements are consistently applied to
record revenue and expenditure in individual segments.
5.2 Segment assets and liabilities
The Company is engaged mainly in production of plastic products. Most of the assets, liabilities of the aforesaid reportable segments are interchangeable
or not practically allocable. Accordingly, segment assets, liabilities have not been presented.

6 The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment and post-employment benefits has been published in the
Gazette of India. However, the date on which the Code will come into effect has not been notified. The Company will assess the impact of the Code and
recognise the same when the Code becomes effective.
 7 The Consolidated Results includes Results of (a) the Company's 100% Subsidiary Company viz." The Supreme Industries Overseas (FZE)" incorporated in
SAIF Zone,UAE and (b) Associate Company viz."Supreme Petrochem Limited", in which the Company holds 30.78% of its paid-up equity share capital.

8 (a) The previous periods figures have been re-grouped / re-classified wherever required to conform to current periods classification.
(b) The figures of the last quarter and corresponding quarter of the previous year are the balancing figures between audited figures for the full financial
year and unaudited published year to date figures up to the third quarter of the respective financial year.

The above financial results have been reviewed by the Audit Committee on 2nd May, 2021 before being approved by the Board of Directors at their
meeting held on 3rd May, 2021.

For The Supreme Industries Ltd.,

Place: Mumbai BAJRANGLAL S Digitally signed by BAJRANGLAL S TAPARIA
DN: c=IN, o=Personal,
2.5.4.20=db08b9b8e7e9573409a87294bed887aacb7a0e7cfb40d03cf8
f15141e5291d3a, postalCode=400011, st=MAHARASHTRA,
rd
Dated: 3 May, 2021. TAPARIA sd/-
serialNumber=fe12896cee9e33b5917a90112772c5f87ad3d2591a285e
4284669184c03570ba, cn=BAJRANGLAL S TAPARIA
Date: 2021.05.03 13:23:22 +05'30'

B L Taparia
Chairman
(DIN No. 00112438)
 The Supreme Industries Limited
CIN : L35920MH1942PLC003554; Regd. Office: 612, Raheja Chambers, Nariman Point, Mumbai 400 021; Website :
www.supreme.co.in; Tel. 91 22 22851656; Fax: 91 22 22851657
Statement of Assets and Liabilities as at 31st March, 2021.
Rs. In lakhs
PARTICULARS STANDALONE CONSOLIDATED
As at 31-03-2021 As at 31-03-2020 As at 31-03-2021 As at 31-03-2020
(Audited) (Audited) (Audited) (Audited)
ASSETS
(1) NON - CURRENT ASSETS
(a) Property, Plant & Equipment 163616 153314 163616 153314
(b) Capital work-in-progress 5080 9292 5080 9292
(c) Intangible assets 1096 1602 1096 1602
(d) Intangible assets under development 22 - 22 -
(e) Right to use - Lease 6716 5858 6716 5858
(f) Financial assets
(i) Investment in associate 3337 3337 33119 20202
(ii) Investment in subsidiary 19 19 - -
(iii) Other investments 540 526 540 526
(iii) Deposits 2019 1858 2019 1858
(iv) Loans 108 83 108 83
(f) Other non-current assets 9320 8348 9320 8348
TOTAL NON - CURRENT ASSETS 191873 184237 221636 201083
(2) CURRENT ASSETS
(a) Inventories 76077 89057 76077 89057
(b) Financial assets
(i) Trade receivables 39002 31260 38983 31284
(ii) Cash & cash equivalents 75946 21850 76152 21989
(iii) Other bank balances 688 1147 688 1150
(iv) Deposits 484 360 492 360
(v) Loans 165 195 165 195
(vi) Other financial assets 54 518 54 519
(e) Income tax assets (net) - 3789 - 3789
(c) Other current assets 13974 12355 13981 12355
(d) Assets held for disposal 2 73 2 73
TOTAL CURRENT ASSETS 206392 160604 206594 160771

TOTAL ASSETS 398265 344841 428230 361854

EQUITY AND LIABILITIES

EQUITY
Equity share capital 2541 2541 2541 2541
Other equity 284376 210718 314380 223578
TOTAL EQUITY 286917 213259 316921 226119

LIABILITIES
(1) NON - CURRENT LIABILITIES
(a) Financial liabilities
(i) Borrowings 61 88 61 88
(ii) Deposits 430 284 430 284
(iii) Lease liabilities 2566 2948 2566 2948
(b) Provisions 2242 2001 2242 2001
(c) Deferred tax liabilities (net) 9192 9011 9192 13256
TOTAL NON - CURRENT LIABILITIES 14491 14332 14491 18577

(2) CURRENT LIABILITIES

(a) Financial liabilities
(i) Borrowings - 41006 - 41006
(ii) Trade payables
Micro, Small and Medium Enterprises 1232 1659 1232 1659
Others 63440 53184 63384 53091
(iii) Deposits 87 58 87 58
(iv) Other financial liabilities 13897 10584 13897 10584
(b) Other current liabilities 16807 9633 16824 9634
(c) Provisions 741 1126 741 1126
(d) Income tax liabilities (net) 653 - 653
TOTAL CURRENT LIABILITIES 96857 117250 96818 117158
TOTAL EQUITY AND LIABILITIES 398265 344841 428230 361854
 The Supreme Industries Limited
CIN : L35920MH1942PLC003554; Regd. Office: 612, Raheja Chambers, Nariman Point, Mumbai 400 021; Website :
www.supreme.co.in; Tel. 91 22 22851656; Fax: 91 22 22851657
Statement of Cash flow for the year ended 31st March, 2021.
Rs. In lakhs
PARTICULARS STANDALONE CONSOLIDATED
As at 31-03-2021 As at 31-03-2020 As at 31-03-2021 As at 31-03-2020
(Audited) (Audited) (Audited) (Audited)

A. CASH FLOW FROM OPERATING ACTIVITIES

Net profit before tax 107791 62786 121222 64132
Adjustments to reconcile profit before to tax to cashflows :
Depreciation and amortisation expense 21302 20590 21302 20591
Interest expenses 2205 2956 2205 2956
Provision for doubtful debts/Bad debts 146 1182 146 1182
Foreign currency exchange fluctuation 204 1850 205 1850
Loss on Sale of Investment in associate - 77 - 73
Share of net (profit)/loss of associates/partnership firm (10) (5) (14584) (3126)
Dividend received from an associate (1157) (1736) - -
Interest income (86) (459) (86) (459)
Excess liabilities written back (749) (288) (749) (288)
(Profit)/Loss on sale of liquid mutual funds (938) (201) (938) (201)
(Profit) /Loss on sale of property, plant & equipments (385) (51) (385) (51)
Fair value adjustments (37) (43) (37) (43)
Adjustments for Change in working capital :
(Increase)/decrease in inventories 12980 (14013) 12980 (14013)
(Increase)/decrease in trade receivables (7889) 6299 (7845) 6276
(Increase)/decrease in other assets (2992) (3916) (3004) (3871)
Increase/(decrease) in trade payables 10399 (1975) 10436 (1941)
Increase/(decrease) in other liabilities 7002 (2903) 6986 (2921)
Cash generated from operations 147786 70150 147854 70146
Direct taxes paid (net of refund) (23217) (16213) (23217) (16213)
NET CASH FLOW FROM OPERATING ACTIVITIES (A) 124569 53937 124637 53933

B. CASH FLOW FROM INVESTING ACTIVITIES

Purchase of property, plant & equipments (22660) (24165) (22661) (24165)
Sale of property, plant & equipments 559 200 559 200
Sale proceeds of investment in associate - 2426 - 2426
Purchase of unquoted share (3) (3) (3) (3)
Purchase of liquid mutual funds (206904) (177296) (206904) (177296)
Sale of liquid mutual funds 207704 177501 207704 177501
Interest received 86 9 86 7
Dividend received from an associate 1157 1736 1157 1736
NET CASH USED IN INVESTING ACTIVITIES (B) (20061) (19592) (20062) (19594)

C. CASH FLOW FROM FINANCING ACTIVITIES

Repayment of long term borrowings (35) (35) (35) (35)
Increase/(Decrease) in short term borrowings (41006) 23834 (41006) 23833
Interest paid (1658) (2712) (1658) (2712)
Payment of lease liabilities (1500) (1417) (1500) (1417)
Dividend & corporate dividend tax paid (6351) (35222) (6351) (35222)
NET CASH USED IN FINANCING ACTIVITIES (C) (50550) (15552) (50550) (15553)

NET INCREASE / (DECREASE) IN CASH & CASH EQUIVALENTS

(A+B+C) 53958 18793 54025 18786

Opening balance at beginning of the year 21850 3061 21989 3207

Effect of fair value of Liquid mutual funds 138 (4) 138 (4)
Closing balance at end of the year 75946 21850 76152 21989
 INDEPENDENT AUDITOR’S REPORT

To
The Board of Directors of
The Supreme Industries Limited

Report on the audit of the Consolidated Financial Results

Opinion

We have audited the accompanying consolidated financial results of The Supreme Industries Limited
(‘the Parent Company’), its foreign subsidiary and its associate (together referred to as “the group”) for
the quarter and year ended March 31st, 2021, attached herewith, being submitted by the Company
pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended (“Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us and
based on the consideration of reports of the other auditors on separate audited financial
statements/financial results of the subsidiary and associate, which,

(i) include the financial results of following entities:

Name of Entity Relationship
The Supreme Industries Overseas FZE, Dubai Wholly owned Foreign Subsidiary
Supreme Petrochem Limited Associate in which parent company holds
30.78%

(ii) are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this
regard; and

(iii) give a true and fair view in conformity with the recognition and measurement principles laid down in
the applicable accounting standards and other accounting principles generally accepted in India, of
the net profit and other comprehensive income and other financial information for the quarter and
year ended March 31st, 2021.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section
143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further
described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section of
our report. We are independent of the Company in accordance with the Code of Ethics issued by the
Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are
relevant to our audit of the consolidated financial results under the provisions of the Act and the Rules
thereunder, and we have fulfilled our other ethical responsibilities in accordance with these
requirements and the Code of Ethics.

1|Pag e
 We believe that the audit evidence obtained by us and other auditors in terms of their report referred to
in “Other matters” paragraph below is sufficient and appropriate to provide a basis for our audit opinion.

Management’s Responsibilities for the Consolidated Financial Results

These Consolidated quarterly financial results have been prepared on the basis of the consolidated
annual financial statements. The Parent Company’s Board of Directors are responsible for the
preparation of these consolidated financial results that give a true and fair view of the net profit and
other comprehensive income and other financial information of the group and its associates in
accordance with the applicable accounting standards prescribed under Section 133 of the Act, read with
relevant rules issued thereunder and other accounting principles generally accepted in India and in
compliance with Regulation 33 of the Listing Regulations.

The respective Board of Directors of the entities included in the group responsibility also includes
maintenance of adequate accounting records in accordance with the provisions of the Act for
safeguarding of the assets of the Company and for preventing and detecting frauds and other
irregularities; selection and application of appropriate accounting policies; making judgments and
estimates that are reasonable and prudent; and design, implementation and maintenance of adequate
internal financial controls, that were operating effectively for ensuring the accuracy and completeness of
the accounting records, relevant to the preparation and presentation of the consolidated financial
results that give a true and fair view and are free from material misstatement, whether due to fraud or
error.

In preparing the consolidated financial results, the Board of Directors of the entity’s included in the
group are responsible for assessing the respective entity’s ability to continue as a going concern,
disclosing, as applicable, matters related to going concern and using the going concern basis of
accounting unless the Board of Directors either intends to liquidate the Company or to cease operations,
or has no realistic alternative but to do so.

The respective Board of Directors of the entities included in the group are also responsible for
overseeing the financial reporting process of the Group

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the consolidated financial results as a
whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s
report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee
that an audit conducted in accordance with SAs will always detect a material misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the
basis of these consolidated financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional
skepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the consolidated financial results,
whether due to fraud or error, design and perform audit procedures responsive to those risks,
and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.
The risk of not detecting a material misstatement resulting from fraud is higher than for one
resulting from error, as fraud may involve collusion, forgery, intentional omissions,
misrepresentations, or the override of internal control.
2|Pag e
 Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are
also responsible for expressing our opinion on whether the Company has adequate internal
financial control system in place and the operating effectiveness of such controls.

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the Board of Directors.

Conclude on the appropriateness of the respective Board of Directors’ use of the going concern
basis of accounting and, based on the audit evidence obtained, whether a material uncertainty
exists related to events or conditions that may cast significant doubt on the respective entities
ability to continue as a going concern. If we conclude that a material uncertainty exists, we are
required to draw attention in our auditor’s report to the related disclosures in the consolidated
financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions
are based on the audit evidence obtained up to the date of our auditor’s report. However, future
events or conditions may cause the Company to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the consolidated financial results,
including the disclosures, and whether the consolidated financial results represent the
underlying transactions and events in a manner that achieves fair presentation.

Obtain sufficient appropriate audit evidence regarding the financial results/ information of the
entities within the Group to express an opinion on the consolidated financial statements. We are
responsible for the direction, supervision and performance of the audit of the financial
statements of such entities included in the consolidated financial statements of which we are
independent auditors. For the other entities included in the consolidated financial statements,
which have been audited by other auditors, such other auditors remain responsible for the
direction, supervision and performance of the audits carried out by them. We remain solely
responsible for our audit opinion.

Materiality is the magnitude of misstatements in the consolidated financial statements that individually
or in aggregate makes it probable that the economic decisions of a reasonably knowledgeable user of
the consolidated financial statements may be influenced. We consider quantitative materiality and
qualitative factors in (i) planning the scope pf our audit work and in evaluating the results of our work
and (ii) to evaluate the effect of any identified misstatements in the consolidated financial statements.

We communicate with those charged with governance of the Parent Company of which we are the
independent auditors regarding, among other matters, the planned scope and timing of the audit and
significant audit findings, including any significant deficiencies in internal control that we identify during
our audit
We also provide those charged with governance with a statement that we have complied with relevant
ethical requirements regarding independence, and to communicate with them all relationships and
other matters that may reasonably be thought to bear on our independence, and where applicable,
related safeguards.

3|Pag e
 We are not required to perform procedures (as there is no significant component which in aggregate
represents at least eighty percent of each of the consolidated revenue, assets and Profits) in accordance
with the circular issued by the Securities Exchange Board of India (SEBI) under regulation 33(8) of the
Listing Regulations, to the extent applicable.

Other Matters:

(i) We did not audit the financial statements of a subsidiary included in the consolidated financial
statements, whose financial statements reflects total revenue of Rs. 41 Lakhs and Rs. 174 Lakhs,
net loss and total comprehensive income of Rs. 4 Lakhs and Rs. 11 Lakhs for the quarter and year
ended March 31, 2021, respectively as considered in the consolidated financial statements. The
financial statements of the subsidiary have been audited by other auditor whose report has been
furnished to us by the Management and our opinion on the consolidated financial statements, in
so far as it relates to the amounts and disclosures included in respect of the said subsidiary, is
based solely on the report of other auditor.

(ii) We did not audit the financial statements of an associate included in the consolidated financial
statements, whose financial statements reflects group’s share in net profit and total
comprehensive income of Rs. 7,107 lakhs and Rs. 14,673 lakhs for the quarter and year ended
March 31, 2021, respectively, as considered in the consolidated financial statements. The financial
statements of the associate have been audited by other auditor whose report has been furnished
to us by the Management and our opinion on the consolidated financial statements, in so far as it
relates to the amounts and disclosures included in respect of the said associate, is based solely on
the report of other auditor.

(iii) The consolidated financial results include the results for the quarter ended March 31, 2021 being
the balancing figure between audited figures in respect of full financial year and the published
unaudited year to date figures up to the third quarter of the current financial year which were
subject to limited review by us.

Our opinion is not modified in respect of these matters.

For LODHA & COMPANY

Chartered Accountants
Firm registration No. – 301051E

R. P. Baradiya
Place: Mumbai Partner
Date: May 3rd, 2021 Membership No. 44101
UDIN: 21044101AAAAGA6674

4|Pag e
 INDEPENDENT AUDITOR’S REPORT

To
The Board of Directors of
The Supreme Industries Limited

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying standalone financial results of The Supreme Industries Limited (‘the
Company’) for the quarter and year ended March 31st, 2021, attached herewith along with notes
thereto, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, these
standalone financial results:

(i) are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this
regard; and

(ii) give a true and fair view in conformity with the recognition and measurement principles laid down in
the applicable accounting standards and other accounting principles generally accepted in India, of
the net profit and other comprehensive income and other financial information for the quarter and
year ended March 31st, 2021.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section
143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further
described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Results section of our
report. We are independent of the Company in accordance with the Code of Ethics issued by the
Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are
relevant to our audit of the standalone financial results under the provisions of the Act and the Rules
thereunder, and we have fulfilled our other ethical responsibilities in accordance with these
requirements and the Code of Ethics.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.

Management’s Responsibilities for the Standalone Financial Results

These standalone quarterly financial results have been prepared on the basis of the standalone annual
financial statements. The Company’s Board of Directors are responsible for the preparation of these
standalone financial results that give a true and fair view of the net profit and other comprehensive
1|Pag e
 income and other financial information in accordance with the applicable accounting standards
prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other
accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing
Regulations.

This responsibility also includes maintenance of adequate accounting records in accordance with the
provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting
frauds and other irregularities; selection and application of appropriate accounting policies; making
judgments and estimates that are reasonable and prudent; and design, implementation and
maintenance of adequate internal financial controls, that were operating effectively for ensuring the
accuracy and completeness of the accounting records, relevant to the preparation and presentation of
the standalone financial results that give a true and fair view and are free from material misstatement,
whether due to fraud or error.

In preparing the standalone financial results, the Board of Directors are responsible for assessing the
Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going
concern and using the going concern basis of accounting unless the Board of Directors either intends to
liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company’s financial reporting process.

Auditor’s Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the standalone financial results as a
whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s
report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee
that an audit conducted in accordance with SAs will always detect a material misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the
basis of these standalone financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional
skepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the standalone financial results,
whether due to fraud or error, design and perform audit procedures responsive to those risks,
and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.
The risk of not detecting a material misstatement resulting from fraud is higher than for one
resulting from error, as fraud may involve collusion, forgery, intentional omissions,
misrepresentations, or the override of internal control.

Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are
also responsible for expressing our opinion on whether the Company has adequate internal
financial control system in place and the operating effectiveness of such controls.

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the Board of Directors.

Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of
accounting and, based on the audit evidence obtained, whether a material uncertainty exists
related to events or conditions that may cast significant doubt on the Company’s ability to
continue as a going concern. If we conclude that a material uncertainty exists, we are required
2|Pag e
 to draw attention in our auditor’s report to the related disclosures in the standalone financial
results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based
on the audit evidence obtained up to the date of our auditor’s report. However, future events or
conditions may cause the Company to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the standalone financial results,
including the disclosures, and whether the standalone financial results represent the underlying
transactions and events in a manner that achieves fair presentation.

Materiality is the magnitude of misstatements in the standalone financial statements that individually or
in aggregate makes it probable that the economic decisions of a reasonably knowledgeable user of the
standalone financial statements may be influenced. We consider quantitative materiality and qualitative
factors in (i) planning the scope pf our audit work and in evaluating the results of our work and (ii) to
evaluate the effect of ant identified misstatements in the standalone financial statements.

We communicate with those charged with governance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant
ethical requirements regarding independence, and to communicate with them all relationships and
other matters that may reasonably be thought to bear on our independence, and where applicable,
related safeguards.

Other Matter:

The Standalone Financial Results include the results for the quarter ended March 31, 2021 being the
balancing figure between audited figures in respect of full financial year and the published unaudited
year to date figures up to the third quarter of the current financial year which were subject to limited
review by us.

Our opinion is not modified in respect of this matter.

For LODHA & COMPANY

Chartered Accountants
Firm registration No. – 301051E

R. P. Baradiya
Place: Mumbai Partner
Date: May 3rd, 2021 Membership No. 44101
UDIN: 21044101AAAAFZ4656

3|Pag e
 Ref. No.SH/13/2021.
3rd May, 2021

National Stock Exchange of India Ltd., BSE Limited.

Exchange Plaza, 5th floor, Market-Operation Dept.,
Plot No. C/1, G. Block, 1st Floor, New Trading Ring,
Bandra-Kurla Complex, Rotunda Bldg., P.J. Towers,
Bandra (East), Dalal Street,
MUMBAI – 400051 Fort, MUMBAI 400023

Sub: Audit Report with Unmodified Opinion

Ref: Declaration pursuant to Regulation 33 (3) (d) of the SEBI (Listing Obligations and
Disclosure Requirements), Regulations, 2015, as amended.

In terms of the second proviso to Regulation 33(3)(d) of the SEBI Listing Regulations,
2015, as amended, we declare that LODHA & CO, Statutory Auditors of the Company
have submitted Audit Reports for annual audited financial statements (standalone and
consolidated) of the Company for the financial year ended 31 March 2021 with
unmodified opinion(s).

For The Supreme Industries Limited

(P.C. Somani)
Chief Financial Officer

The Supreme Industries Limited +91(022)22820072,22851656

Regd. Off. : 612, Raheja Chambers, Nariman Point, Mumbai-400 021. INDIA +91 (022) 22851657, 30925825
CIN: L35920MH1942PLC003554 PAN: AAACT1344F sil [email protected]
Corp. Off. : 1161 & 1162, Solitaire Corporate Park, 167, Guru Hargovindji Marg, Andheri- Ghatkopar Link Road, Chakala, Andheri (East), Mumbai-
400093. INDIA +91 (022) 67710000, 40430000 +91 (022) 67710099, 40430099 sil [email protected] www.supreme.co.in
 The Supreme Industries Limited
Press Release

THE SUPREME INDUSTRIES LIMITED (Supreme) ANNOUNCES AUDITED STANDALONE & CONSOLIDATED
FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31st MARCH, 2021.

Mumbai, 3rd May, 2021

The Supreme Industries Limited (Supreme), India’s leading Plastics product manufacturing company, announced
its Audited Standalone & Consolidated financial results for the Quarter and year ended 31st March, 2021, at its
Board Meeting held today.

[A] Standalone Results (Excluding Construction Business)

(Rs. in Crores)
Quarter ended Year ended
31.03.2021 31.03.2020 Change 31.03.2021 31.03.2020 Change
Plastic goods sold (MT) 111238 103200 +8 % 409109 411521 -1 %
Plastics product +48 % +14 %
2049 1380 6177 5408
turnover
Total income 2089 1405 +49 % 6373 5504 +16 %
Operating profit +91 % +53 %
514 269 1300 849
(PBIDT)
Net profit before tax 459 212 +117 % 1078 623 +73 %
Net profit after tax 338 150 +125 % 801 493 +62 %

[B] Consolidated Results (Excluding Construction Business)

(Rs. in Crores)
Quarter ended Year ended
31.03.2021 31.03.2020 Change 31.03.2021 31.03.2020 Change
Consolidated total
2088 1405 +49% 6361 5487 +16%
income
Consolidated
operating profit 584 276 +112% 1435 862 +66%
(PBDIT)
Consolidated net
528 219 +141% 1212 636 +91%
profit before tax
Consolidated net
450 114 +295% 978 464 +111%
profit after tax

[C] Product Group Wise Performance

Volume (MT) Value (Rs. In crores) OPM %

Segment FY FY
FY 2020- FY Change FY FY 2019- Change 2020- 2019-
21 2019-20 2020-21 20 21 20
Plastic Piping
294357 300772 -2 % 4099 3445 +19 % 22 % 16 %
System
Industrial
41451 38617 +7 % 761 673 +13 % 13 % 10 %
Products
Packaging
54833 51353 +7 % 1035 960 +8 % 16 % 15 %
Products
Consumer
18468 20779 -11 % 354 383 -8 % 21 % 19 %
Products
Total 409109 411521 -1 % 6249 5461 14 % 20 % 15 %
[D] The Board of Directors has recommended payment of final dividend @ 850 % i.e. Rs. 17 /- per equity
share on 12,70,26,870 Equity Shares of Rs.2/- each for the year ended 31st March, 2021 which together
with Interim Dividend paid @ 250% i.e. Rs. 5/- per equity share aggregates to @ 1100 % i.e. Rs. 22 /-
per equity share for the current year (Previous year @ 700% i.e. Rs. 14/- per equity share). Total
outflow for dividend shall absorb a sum of Rs. 279 Crores as against Rs. 214 Crores (including tax on
distribution) in previous year.

[E] The overall turnover of value added products increase to Rs. 2480 crores as compared to Rs. 2070
crores in the previous year achieving growth of 20%.

[F] The Company has become debt free during the year and has Cash Surplus funds of Rs. 759 crores
as on 31st March, 2021 as against net Borrowings of Rs. 217 crores as on 31st March, 2020.

[G] Capex

With expected growth in the businesses of several verticals, the Company took steps to put new
production units and also expand capacity in several of its’ existing units and incurred capex of Rs. 314
crores in the year 2020-21 and further committed Capex of about Rs. 198 Crs. which shall fructify for
production & usage during current year.

During the current year i.e. 2021-22, the Company envisages New Capex in the range of about Rs. 400
crores (including carry forward commitments of Rs. 198 Crs. at the beginning of the year), mainly on the
following:

 Putting new unit at Assam to manufacture PVC Pipes and Roto & Blow Moulded products.
 Putting up a plastic product complex near Cuttack in Odisha where required land has already
been purchased and taken possession thereof
 Putting up a plastic product complex near Erode in Tamilnadu. The Company has already taken
possession of about 33 acre land from SIPCOT.
 Establishing capacity to manufacture olefin Fittings/ PEX Piping System at Jadcherla.
 Expanding capacities of its bath fitting products at Puducherry
 Adding varieties of new injection moulded fitting products in its plastic Piping products
 To add new models of Injection moulded furniture, Crates & pallets in the Company’s range of
furniture and Material Handling Products
 Adding several capacities of Water Tank moulds and additional Roto Moulding machines.
 To increase capacities of Industrial Component moulding at various location in view of increased
business opportunities
 To add necessary equipment’s at its Protective Packaging and performance packaging division
 To install Rooftop Solar energy generation plants at its various locations
 To install balancing equipment at various locations

[H] As a result of the nationwide lockdown imposed by the Government of India, the operations of the
Company were temporarily disrupted at its various manufacturing facilities impacting production and
dispatches from the second half of March 2020. The Company had resumed operations since last week
of April 2020 / first week of May 2020 in compliance with the guidelines issued by respective
authorities and is continuing to take adequate precautions for safety and wellbeing of its employees. In
view of recent surge in Covid-19 cases, few states reintroduced some restrictions and the Company
continues to be vigilant and cautious.
[I] Business Outlook

Mr. M. P. Taparia, Managing Director, The Supreme Industries Limited, said:

The year under review was the toughest in the history of the Company. It started with an extreme
negative outlook. The Company had to keep operations of it’s 24 plants’ closed for most part of the
month of April 2020 and could begin in a gradual manner from last week of April onwards.

In the last 10 days, just before the closing of the year, the business has again witnessed tough situation
as Covid – 19 second wave started affecting the general public with alarming speed. The situation has
become further volatile due to steep increase in Polymer prices. The increase in prices of PVC was
steepest. In the last 40 years, international prices of PVC have never reached to the levels seen in April
2021 especially in India, some other Latin American countries and Turkey.

The Company however has come out of these two extreme adverse situations with unparalleled
performance where the profit of the Company was highest in it’s 79 years of operations. This was partly
supported by more than Rs. 200 crores inventory gain on account of raw material price increase which
accrued in it’s operations for the year.

Even with temporary setback which the Company is experiencing in the month of April 2021, the
Company has not reduced it’s Capex plan for the year 2021-22. In the current year, not only there will
be brownfield expansion of capacities and new products at the existing plants but Company has also
embarked on putting up three new greenfield plants in the states of Assam, Orissa and Tamilnadu
during the current year.

The Government at the Centre and States has put the priority focus on Jal Jeevan Mission, Swatch Bharat
Abhiyan, Sanitation and affordable houses to all and development of 100 smart cities on all India basis.
NITI Aayog has declared following as growth drivers across the country:
• Government infrastructure spending
• Increasing construction
• Increasing Industrial production
• Rising demand from irrigation sector
• Replacement of aging Pipes
• Providing affordable house to all
• Heavy investment by Government in irrigation, housing and sanitization
Almost all the above growth drivers will boost the business of Plastic Piping System Division.

Cross Laminated film products demand will boost in the coming year as weather forecast by SKYMET
the monsoon in India is predicted to be normal with no La Nina scare. The thrust in coming year in
exports will be mainly on developing newer applications, entering new markets and targeting chain
stores and super markets for sale through their online portals. The Company is also increasing its
capacity from present 27,000 MT P.A. to 30,000 MT P.A. and expects the exports to grow further in the
coming year apart from inceasing the sale of Made Up products.

The Company’s furniture range is sold on various e commerce portals through a few dedicated channel
partners. Its E commerce business grew by 100 % during the year and consumer behavior during the
year showed a major shift towards online shopping. The company along with its channel partners
geared up its infrastructure to meet the sudden rising demand. The company is focused on increasing
its online presence and product offerings and sees this as a future growth driver.
In Industrial Component division business conditions are not clear due to huge surge in Covid cases in
the country necessitating to put across stringent curbs by various State Governments. However,
company feels that Business scenario remains bullish in medium and long term with business friendly
policies by the Government. Company has thus planned need based Capacity Augmentation to handle
the projected increased demand going forward.
In Material handling division, Company has shown good growth in essential commodities, Retail,
Industrial Sector, Fruits & Vegetable segment, e-commerce, retail, FMCG, Fisheries Jumbo Crates, Dairy
segment and Injection moulded Dustbins. The Company plans to introduce new models in Pallets,
Crates and Ice boxes in Roto Moulding and is well poised for growth in the current year.

In Composite LPG Cylinder division, The updated component design and improved plant processes
following Poka-yoke system have yielded excellent results with no customer complaints received since
Q3 2019. Repeated orders from existing as well as new customers stood testimony to the excellent
quality of the current product offering. The largest Indian Oil Marketing Company, M/s Indian Oil
Corporation Limited, purchased small quantity of Composite Cylinders in March 2021 for marketing
trials in 4 cities of India. This augurs well for the long awaited introduction of Composite Cylinders in
Indian market.

In Protective packaging division, Good growth is shown in Civil and export sector. New variant of
interlock mat for various sports applications has been developed by using recycled material . The
Company expects good business in the coming year.

Performance Packaging Film being part of intermediary to essential product category has done well
particularly in dairy & oil industry. Continuous efforts to develop new products will help the division
grow better and add more value added products in its fold. With available production capacity,
improved product mix and focus on increasing customer base, the Company expects to achieve volume
and value growth in this business in the current year.

About Supreme Industries Limited

Supreme Industries Limited is India’s leading plastics product manufacturer, offering a wide and
comprehensive range of plastic products in India. The company operates in various product categories
viz. Plastic Piping System, Cross Laminated Films & Products, Protective Packaging Products, Industrial
Moulded Components, Moulded Furniture, Storage & Material Handling Products, Performance
Packaging Films and Composite LPG Cylinders.

Supreme Industries has 25 technologically advanced manufacturing facilities located at various places
spread across the country. The company has built-up excellent relationship with its distributors and is
also providing orientation to them, in order to ensure proper service to ultimate customers.

For further information, kindly contact: - For The Supreme Industries Limited
Digitally signed by RAJENDRAKUMAR JUGALKISHORE SABOO

Ms. Kavita Nagavekar RAJENDRAKUMAR

DN: c=IN, o=Personal,
pseudonym=d69ed463a5f6a03007e9f52e3a24829f51e4ace8672b4
00061f5633bb1247f27, postalCode=400014, st=MAHARASHTRA,

Ketchum Sampark Pvt. Ltd. JUGALKISHORE SABOO

serialNumber=ca00050c5820c01b5718dbf44de8aa6b977e57bfdd0
29ccdb29ad6347cae27b8, cn=RAJENDRAKUMAR JUGALKISHORE
SABOO
Date: 2021.05.03 13:21:56 +05'30'

09619138779 Sd/-
R. J. Saboo
VP (Corporate Affairs) & Company Secretary