Supreme Petrochem Reports Flat Q3 FY24-25 Performance Amid Financial Outlook Shift

Supreme Petrochem, a midcap player in the chemicals industry, has recently undergone an evaluation adjustment that reflects a shift in its financial outlook. The company reported flat financial performance for the third quarter of FY24-25, with notable declines in key metrics. Profit Before Tax (PBT) for the quarter stood at Rs 78.71 crore, marking a significant reduction, while Profit After Tax (PAT) was recorded at Rs 71.35 crore, also showing a decline.
Despite these recent challenges, Supreme Petrochem maintains strong long-term fundamental strength, highlighted by an average Return on Equity (ROE) of 30.61%. The company has demonstrated healthy growth in operating profit, with an annual growth rate of 28.38%. Additionally, it boasts a low Debt to Equity ratio, indicating a solid financial foundation.

The stock's valuation appears fair with a Price to Book Value ratio of 6, although it is trading at a premium compared to its historical averages. Over the past year, the stock has generated a return of 6.55%, accompanied by a profit increase of 10.8%.

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