Supreme Petrochem Limited (SPLPETRO) Q1 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated July 23, 2026 3 min read

Supreme Petrochem Limited faces a pivotal quarter as it navigates the impact of volatile styrene monomer prices and the commissioning of its expanded EPS capacity. Investors will be looking for clarity on volume growth trajectories and the status of the mABS plant following equipment-related production constraints.

Quick Details
Results dateJuly 27, 2026
QuarterQ1 FY 2026-2027
Previous quarter revenueRs. 15,870 Mn
Previous quarter PATRs. 1,680 Mn
Previous quarter EBITDA margin15.95%
Market capRs. 13,822.92 Cr
CMPRs. 735.35

Supreme Petrochem Limited Q1 Results Date and Time

The board of directors will meet on July 27, 2026, to consider the audited financial results for the quarter ended June 30, 2026.

The earnings conference call is scheduled for July 29, 2026, at 4:00 PM IST.

What to expect from Supreme Petrochem Limited's Q1 FY27 results

The company's performance this quarter is heavily influenced by the sharp spike in styrene monomer prices, which surged to approximately US$ 1,500/ton in March 2026 due to West Asia geopolitical tensions before seeing potential normalization toward the end of June 2026. While the April 14, 2026, commissioning of the EPS Phase 2 expansion added 30,000 MT of capacity, management previously cautioned that FY27 volume growth of 8-10% remained conditional on market normalcy returning by the end of June. The mABS plant, which has been operating at 65% capacity following a critical equipment malfunction in December 2025, remains a key variable for production output and market penetration. Investors should monitor how the company managed its Rs. 836 Cr inventory balance in the face of raw material price volatility and whether the seasonal demand surge for cooling appliances provided the necessary volume support to offset margin pressures.

Key Things To Watch

Performance vs Guidance Tracking: Tracking progress against management's stated FY27 targets.

  • FY27 volume growth target of 8-10% — conditional on June normalcy — status to be confirmed
  • Xmold utilization target of 65-70% for FY27 — progress from 45% base
  • ABS volume target of 36,000 tons for FY27 — tracking against 65% plant capacity
  • Annual capex target of Rs. 250 Cr — H1 expenditure status

Operational and Strategic Updates: Updates on capacity expansion and plant restoration.

  • Status of full restoration for mABS plant equipment currently running at 65% capacity
  • Incremental volume contribution from EPS Phase 2 commissioned on April 14, 2026
  • Progress on Xmold Polymers integration and compounding volume ramp-up toward 50,000 tons by FY28

Risks and Headwinds to Monitor: External factors impacting raw material and margin stability.

  • Impact of Strait of Hormuz shipping disruptions on raw material procurement costs and spreads
  • Status of import duty waivers for petrochemicals following the June 20, 2026 expiry date
  • Competitive pressure from domestic EPS overcapacity and potential Chinese export surplus

Frequently Asked Questions

What was Supreme Petrochem's revenue in the previous quarter?

The company reported revenue from operations of Rs. 15,870 Mn in Q4 FY26. This reflected a 3.1% YoY increase and a 25.5% QoQ recovery as styrene monomer prices remained stable for most of the quarter.

What is the status of the new ABS plant?

The 70,000 MTPA ABS plant is currently operating at 65% of its design capacity following a critical equipment malfunction in December 2025. Management has described the issue as a significant setback and is pursuing modified arrangements while awaiting full restoration.

Is Supreme Petrochem on track with its FY27 volume guidance?

Management has guided for 8-10% volume growth in FY27, though this target is conditional on global market normalcy returning by the end of June 2026. Performance in Q1 FY27 will be a key indicator of whether this guidance remains achievable given the geopolitical and supply chain headwinds.

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