Supreme Industries Q1 FY27 saw 4% revenue growth to ₹2,718 Cr and 17% PAT growth to ₹208 Cr, despite 14% volume de-growth.

Management attributed Q1's weak volumes to polymer price volatility and channel de-stocking, impacting agri and plumbing segments.

The outlook remains optimistic; restocking is underway, with July showing strong growth.

The company maintains its FY27 volume growth guidance of 12-13% overall (15-17% for piping) and an EBITDA margin guidance of 14-14.5%. Strategic priorities include capacity expansion, new product introductions like uPVC windows, strengthening gas piping, and aggressive export market expansion, targeting $150 million in 6-7 years.

The management expressed confidence in demand recovery.