Supreme Petrochem Limited- History, Latest Updates, Milestones, Subsidiaries & Share Price
Company Overview
Supreme Petrochem Ltd was established back in 1989 and has its base located in Mumbai, Maharashtra. Its major manufacturing units are located in Umbergaon village, located in the state of Gujarat. Supreme Petrochem is India's largest manufacturer of Speciality Synthetic Rubbers such as Expandable Polystyrene (EPS), which is used for insulation, packaging, and engineering plastics for the automotive and construction industry. The company has been steadily increasing its presence since its inception as the petrochemical arm of Supreme Industries and has been listed on stock exchanges since 1995.
Supreme Petrochem Ltd is named after its position as the leading provider of green and eco-friendly polymer products, helping India achieve its green initiative for energy-saving products such as building insulation and lightweight auto parts. The company makes use of the latest recycling technology to help fulfill the increasing demand for green plastics.
Investors looking for shares such as the Supreme Petrochem Share Price can look for companies that are expanding their orders and increasing capacity. Beginners can also start investing without any problems using the best trading app for beginners in India namely Enrich Money.
Recent Developments in 2026
March 11, 2026: Supreme Petrochem Ltd has resumed full capacity operation for its ABS plant located at Amdoshi, Nagothane, after partial restoration earlier in the month following equipment failure in December 2025. The operational performance is likely to boost growth and favor the supreme petrochem ltd share price amidst prevailing market fluctuations.
March 8, 2026: Supreme Petrochem Ltd has resumed the operation of its mass ABS plant located at Amdoshi, Nagothane, running at 65% capacity after facing equipment-related problems. The company is working with Versalis, Italy, its technology partner, for restoration. This is likely to favor the company’s share price of supreme petrochem.
?February 27, 2026: Supreme Petrochem Ltd’s shares touched an intraday high of Rs 704.4 on BSE, rising by 7.81% on high volumes. The rise is likely to favor the supreme petrochem share price.
January 20, 2026: Supreme Petrochem Ltd declared Q3 FY26 financial results for the quarter ending on December 31, 2025. The revenue fell by 10% and stood at Rs. 12,647 million, while net profits fell by 57.7% and stood at Rs. 302 million. For nine months, revenue stood at Rs. 37,514 million, falling by 16.3%, and profits stood at Rs. 1,593 million, falling by 43.8%. This had an impact on the supreme petrochem share price.
?January 8, 2026: Supreme Petrochem Ltd has scheduled a meeting of the board on January 20, 2026, to discuss and approve Q3 FY26 and nine months financial results ending on December 31, 2025. The trading window closure for insiders has been enforced from January 1, 2026, to January 22, 2026, signaling key disclosures that could sway supreme petrochem share price.
?December 23, 2025: Supreme Petrochem Ltd has clarified regarding operations at Amdoshi, stating that there is no full shutdown but has temporarily shut down the new MABS unit. This has had a positive impact on supreme petrochem share price.
Evolution
Supreme Petrochem Limited is a leading petrochemical company in India with expertise in polystyrene and styrenics. From its incorporation in 1989 to its current status as a market leader with impressive financial performance, Supreme Petrochem share price is listed on BSE (500405) and NSE (SPLPETRO).
Founding Years (1989-1995)
Supreme Petrochem Limited was incorporated in December 14, 1989, by its promoters Supreme Industries Limited and R. Raheja Investments. Its business commencement was granted in 1990 for its polystyrene plant of 66,000 TPA capacity at Nagothane in Maharashtra with Huntsman technology. Commercial production began in October 1995 after commissioning in June 1995, making its foray into India’s PS market with the largest plant capacity at that time.
Expansion Era (1996-2005)
The company launched new grades of PS, such as "cup" and "medium impact resin," in 1997, which increased product diversity. The capacity increased to 204,000 TPA during 1998-99. ISO 9002 certification and a Product Applications Lab were completed in 1999 and 2000, respectively. Supreme Petrochem share price started trading after the IPO in the form of debentures during 1994.
Strategic Growth (2006-2015)
An MoU with the Maharashtra government in 2006 marked the beginning of a Rs 1,115 crore project to develop a new styrenics complex by 2013. Strategic alliances, such as the Ultrabatch joint venture in 2009, strengthened masterbatches exports. The company has consistently paid dividends since 2014, including Rs 1.50 per share. The company has shown steady growth in sales from Rs 2,919 Cr (FY17) and has increased Supreme Petrochem share price during market booms.
Recent Performance (2016-2026)
Revenue has increased from Rs 2,919 Cr (FY17) to Rs 6,023 Cr (FY25) due to its debt-free status and 50% market share in the PS market. Notable developments include the commissioning of ABS plant (70,000 TPA) by the end of 2025 and Q3 FY26 profit of Rs 30 Cr despite market volatility. Supreme Petrochem share price has moved from the range of Rs 100-200 before 2020 to recent highs of Rs 982 (52 weeks) and closed at Rs 799, with a 7% 1-year CAGR; its EPS for FY25 is Rs 20.77.
SPL’s journey can be seen as an expansion of capacities, certifications, and diversification, leading to supreme petrochem share price appreciation for investors interested
Company Information
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Company Information |
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Trade Name |
Supreme Petrochem Ltd |
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Founded year |
1989 |
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Headquarters |
Mumbai, Maharashtra, India |
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Industry |
Petrochemicals-Polymers/PS Manufacturer |
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Chairperson |
M P Taparia |
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Revenue |
Rs 6,023 Cr (FY25 latest reported) |
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NSE code |
SPLPETRO |
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BSE code |
500405 |
Supreme Petro Share Price NSE
Supreme Petrochem Limited trades on the NSE under its chemical sector focus, with live prices accessible via dedicated platforms. Investors eyeing this stock often pair it with a low brokerage demat account to cut trading costs
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Company Name |
Sector |
Share Price Link |
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Supreme Petrochem Limited |
Chemicals |
Milestones
Early Foundations (1990s)
1994: Established manufacturing at Manpada, Dombivli, with focus on polystyrene expansion for insulation and packaging materials.
?1996: Planned to set up a 3MW standby DG set to mitigate power disruptions and increase operational reliability.
?1997: Launched new grades of polystyrene products like cup grade and medium impact resins through association with Huntsman Chemical.
?1999: Received ISO 9002 certification, apart from existing ISO 14001, and expanded polystyrene production to 204,000 tonnes.
Expansion Era (2000s)
2000: Established Product Applications Laboratory to facilitate client collaborations and earned 5-star safety rating from British Safety Council.
Mid-2000s: Expanded our production lines to further develop specialty polystyrene for consumer products.
Modern Growth (2010s-2020s)
2019: Established cutoff date of July 5 for e-voting process to facilitate shareholder engagement.
2021: Confirmed plans to introduce a new line of polystyrene (adding 80,000 TPA) and revamp EPS plant (20,000 TPA increase), aiming to complete in December.
2023-24: Ongoing capacity additions, as highlighted in our recent annual reports, to reinforce our position as a leading producer of expandable
Supreme Petrochem Limited - Latest News , Major Corporate Actions & Announcements In 2026
Investors interested in the Supreme Petrochem share price need to be aware of the company’s operational and financial results, which impact the company’s performance.
Q3 FY26 Results
On January 28, 2026, the company announced its Q3 FY26 results, with revenue declining 10% YoY due to declining styrene prices and technical issues in the ABS plant. The company recorded a net profit of Rs 30 crore with a debt-free balance sheet and internal funding for expansions. The sales volume increased slightly by 0.5% YoY to 93,853 MT, with the company focusing on the progress of the ABS project and the acquisition of Xmold Polymers.
Leadership Change
On January 31, 2026, the company announced the sad demise of the Non-Executive Director, Shri Bajranglal Surajimal Taparia. This corporate event indicates the leadership changes in the company, with operations remaining stable.
Operations Updates
On February 28, 2026, the company partially resumed the operations of the ABS plant after the failure of the equipment.
On March 10, 2026, the company resumed the production operations of the ABS plant, which has a capacity of 70,000 MTPA.
Strategic Highlights
The H1 FY26 results indicated an operating income of Rs 2,487 crore and EBITDA of Rs 216 crore, with the company being debt-free and having a surplus of Rs 522 crore. The company has recommended an interim dividend of 125%, aims to grow its export market by 13-14%, and promotes sustainability with its 12.5 MW solar plant. The Supreme Petrochem share price could be influenced by the commercialization of ABS, which is expected in Q2 FY26.
Conclusion
The journey of Supreme Petrochem Limited from its inception in 1989 to the revival of ABS plant in 2026 is a story of polystyrene market domination and debt-free growth, which has taken the supreme petrochem share price to Rs 799+ from Rs 100-200 before 2020. The high profits of Rs 30 Cr in Q3 FY26 after expansions are indicative of high investment potential, which can be tracked by keeping an eye on Supreme Petrochem Limited Share Price and opening a refer and earn demat account for cost-effective investment.
Frequently Asked Questions
?What is the founding story of Supreme Petrochem Limited?
Supreme Petrochem Ltd was founded in 1989 as a joint venture between Supreme Industries and R Raheja Investments and set up India's largest polystyrene plant in 1995 at Nagothane with 66,000 TPA capacity.
?What are the supreme petrochem ltd news highlights from early 2026?
In March 2026, Supreme Petrochem Ltd resumed its ABS plant at Amdoshi after equipment fixes and is boosting supreme petro stock price with overall market recovery.
?Which milestones have marked Supreme Petrochem Limited’s journey?
From its ISO 9002 certification in 1999 and capacity expansion to 204,000 TPA capacity to commissioning its ABS plant in late 2025, all of these have contributed to share price of supreme petrochem ltd rising with its diversification.
?Does Supreme Petrochem Limited have subsidiaries?
Supreme Petrochem Ltd has its main plants in Gujarat and Maharashtra and no subsidiaries. It is engaged in polystyrene, EPS, and ABS through strategic joint ventures like Ultrabatch for masterbatches.
What is the latest change in supreme petrochem ltd share price BSE?
Supreme Petro share price target touched its highest level of Rs 704 on BSE in Feb-2026 despite Q3FY26 profit dips; Check supreme petrochem share price today on Enrich Money; NSE SPLPETRO closing at around Rs 799.
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