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Why Supreme Industries needs PVC prices recovery to stay
Mint Mumbai
|January 23, 2026
Plastic pipes maker Supreme Industries Ltd did reasonably well in Q3FY26.
Overall volume growth stood at 13% year-on-year (yo-y) and plastic pipes volumes rose at a higher-than-expected pace of 16%, aided by integration of Wavin India's piping business.The upshot? Consolidated Ebitda at ₹3,292 crore grew by 7% yo-y in Q3 after five quarters of decline, Motilal Oswal Financial Services said.
Also, the Q4 outlook is upbeat as plastic piping demand is seen returning to normalcy after destocking.
This is supported by good monsoons, improving rural sentiment, and revival in housing, agriculture and infrastructure activity.
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