### Supreme Industries: Financial Results Analysis for FY24 & Q4FY24
#### 1. Sales Growth
- **Quarterly**: The revenue from operations for Q4FY24 was ₹3007.89 crores, compared to ₹2598.30 crores in Q4FY23, representing a growth of approximately 16%.
- **Annual**: The revenue from operations for FY24 was ₹10134.26 crores, compared to ₹9201.59 crores in FY23, showing a growth of around 10.15%.
#### 2. Profit Growth
- **Quarterly**: The profit before tax for Q4FY24 was ₹464.56 crores, slightly down from ₹464.66 crores in Q4FY23.
- **Annual**: The profit before tax for FY24 was ₹1405.38 crores, up from ₹1111.29 crores in FY23, reflecting a growth of approximately 26.5%.
#### 3. Margin Analysis
- **Gross Profit Margin**:
- Q4FY24: 14.1%
- FY24: 12.8%
Margin expanded this year.
- **Net Profit Margin**:
- Q4FY24: 11.8%
- FY24: 10.6%
Margin expanded this year.
#### 4. Key Financial Ratios
- **Earnings Per Share (EPS)**:
- Q4FY24: ₹27.93 (Q4FY23: ₹28.30)
- FY24: ₹84.21 (FY23: ₹68.12)
- **Return on Equity (ROE)**:
- FY24: 20.95%
- FY23: 19.66%
Strong return on Equity.
- **Debt to Equity Ratio**:
- FY24: 0.034
- FY23: 0.035
We call Supreme Industries a Debt Free Company.
#### 5. Future Estimates
- The company expects to continue its growth trajectory driven by the increasing demand for plastic goods. The volume and product value growth in FY24 were 26% and 11%, respectively, indicating a strong market presence and efficient operational capabilities.
#### 6. Dividend
- **Dividend per Share**:
- The board recommended a final dividend of ₹22 per equity share for FY24, aggregating to ₹30 per equity share for the year when combined with the interim dividend.
355X increase in valuations + 2X annual dividends of Invested value during the last 20 Years.
### Highlights
- **Revenue Growth**: A consistent increase in revenue highlights the company’s robust market strategy and operational efficiency.
- **Profitability**: Significant improvement in profit before tax and net profit, indicating strong financial health.
- **Margins**: Stable gross and net profit margins, showing efficient cost management.
- **Earnings per Share**: Increased EPS demonstrates enhanced shareholder value.
- **Dividends**: Attractive dividend payouts reflect the
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