Manufactures and sells industrial plastic sheets and also trades in chemical/plastic products for resale. In FY26, total segment revenue was ₹17.83 crore, split between Tradable Items at ₹13.47 crore (75.5% of segment revenue, EBIT margin 2.2%) and Plastic Sheets at ₹4.37 crore (24.5% of segment revenue, EBIT margin 22.7%). The Plastic Sheets segment is the higher-margin business, while Tradable Items is the larger but thin-margin portion. The cost base is light: raw materials at 10.3% of revenue, employee cost at 5.1%, other operating expenses at 17.4%, and depreciation at 2.0%, with capex at near-zero. The company is debt-free and reported FY26 revenue of ₹17.83 crore, up 8.6% year-on-year, with net profit of ₹10.79 crore, up 119% year-on-year, partly supported by other income. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Tradable Items (76%), Plastic Sheets (25%). Small, debt-free industrial plastic products maker with a low-margin trading arm
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 8 | 13 | 18 | 16 | 18 |
| EBITDA (ex other income) | (4) | (5) | (0) | 1 | 0 |
| margin % | (48.0) | (42.3) | (1.3) | 7.8 | 2.5 |
| Owners' profit | 0 | 3 | 5 | 5 | 11 |
| EPS, as reported (₹) | 0.39 | 3.50 | 5.14 | 5.25 | 11.52 |
| ROE % · ROCE % | 0.4 · 0.7 | 3.3 · 3.9 | 4.1 · 4.5 | 3.2 · 3.8 | 6.3 · 7.1 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (2) | (6) | 1 | 9 | (2) |
| Capex | (1) | (1) | 0 | (0) | (0) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 5 | 5 | 1 | 5 | 10 | 1 | 1 |
| Profit before tax | 4 | 1 | 1 | 3 | 5 | 4 | 1 | 0 |
| Net profit | 3 | 0 | 1 | 3 | 4 | 3 | 1 | 0 |
| EPS (₹) | 3.65 | 0.17 | 0.59 | 3.00 | 4.14 | 3.62 | 0.76 | 0.03 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Plastic sheets | 1 | 7.5 |
| Tradable Items | 13 | 75.5 |
| Plastic Sheets | 3 | 17.0 |
| Total, before eliminations | 18 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SUPREME INDUSTRIES LTD | 42,745 | 41.2 | 6.93 | 26.3 | 15.5 | 17.9 | 12.0 | 15.0 |
| ASTRAL LIMITED |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 4 Sept 2026 · 41st AGM voting results: all 9 resolutions passed | board shareholder meetings | low | — | — |
| 3 Sept 2026 · AGM clears one new director and three board re-appointments at Tainwala | general | low | — | — |
| 3 Sept 2026 · New statutory auditor SDBA and Co appointed at Tainwala for 5 years | management changes | medium | — | — |
| 3 Sept 2026 · 41st AGM proceedings filed: 9 resolutions put to e-vote | board shareholder meetings | medium | — | — |
| 3 Sept 2026 · Tainwala Chemicals 41st AGM held; 9 resolutions voted via e-voting | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Notice for re-lodging physical share transfers and KYC updation | compliance | minimal | — | — |
| 31 Aug 2026 · Newspaper notice on physical share re-lodgement window and KYC updation | compliance | minimal | — | — |
| 11 Aug 2026 · Tainwala Chemicals publishes 41st AGM notice and e-voting details | compliance | minimal | — | — |
| 10 Aug 2026 · Tainwala Chemicals files FY25-26 Annual Report; 41st AGM on Sept 3, 2026 | board shareholder meetings | low | — | — |
| 10 Aug 2026 · Notice of 41st AGM on Sept 3, 2026; key director and auditor appointments | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 37,967 |
| 65.9 |
| 9.36 |
| 34.3 |
| 13.2 |
| 16.9 |
| 15.6 |
| 15.5 |
| GARWARE HI-TECH FILMS LTD | 16,077 | 41.5 | 6.05 | 31.9 | 12.7 | 16.4 | 16.5 | 30.3 |
| FINOLEX INDUSTRIES LTD | 9,504 | 15.4 | 1.53 | 11.1 | 9.6 | 11.8 | 3.5 | 20.6 |
| TIME TECHNOPLAST LTD. | 8,934 | 17.6 | 2.14 | 10.0 | 11.4 | 14.0 | 15.2 | 13.3 |
| KINGFA SCI & TEC IND LTD. | 8,422 | 37.3 | 6.02 | — | 13.2 | 17.7 | — | 16.9 |
| PRINCE PIPES FITTINGS LTD | 2,950 | 28.9 | 1.79 | — | 4.5 | 5.6 | — | 13.3 |
| APOLLO PIPES LIMITED | 2,444 | — | 2.74 | 32.3 | 0.5 | 1.0 | — | 1.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 24.2 | 15.2 | 38 of 54 | 30% |
| P/B | 1.1 | 1.8 | 12 of 43 | 74% |
| ROCE | 7.1 | 7.1 | 29 of 57 | 50% |
| ROE | 6.3 | 7.6 | 27 of 48 | 45% |
| Debt / Equity | 0.0 | 0.1 | 4 of 48 | 77% |
| EBITDA margin | 12.0 | 11.6 | 21 of 43 | 52% |
| Revenue growth | (5.7) | 10.6 | 38 of 49 | 23% |
| Profit growth | (99.1) | 20.7 | 38 of 47 | 20% |
| Market cap | 194 | 130 | 19 of 56 | 67% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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