Friday, July 16, 2010

SUPREME INDUSTRIES= Y/E JUNE2010 RESULT = COMPARISON = STOCK SPLIT = EXCELLENT PROSPECTS



SUPREME INDUSTRIES LIMITED
FY0709-0610 RESULTS DECLARED
COMPARISON OF
THREE YEARS PERFORMANCE


SUPREME INDUSTIRES Ltd has declared its annual results for the year ended June 2010. This result is compared with 2 previous years (0708-0609- previous year and 0707-0608 – 2nd previous year) and analyzed as below :
Net Sales has increased to Rs.2006 Cr  - compared to the previous year’s Rs.1652 Cr (i.e., +21.4%) – and compared to  the 2nd previous year’s Rs.1310 Cr (+53.1%).
Total Expenditure has increased less than proportionately  to Rs.1769cr – compared to the previous Year’s Rs.1467Cr (+20.6%) – and compared to the 2nd previous year’s Rs.1206 Cr (+46.7%). Net Profit has increased to Rs. 145 Cr – compared to the previous Year’s  Rs.97 Cr (+48.7%) – and compared to the 2nd previous Year’s Rs.51 Cr (+183.4%).
The Basic EPS  on the Face Value of Rs.10 : for current year has increased to Rs.57.01 compared to Rs.35.88 ( i.e.,+58.9%) of previous year – and compared to Rs.18.49 ( i.e., +208.3%) of 2nd previous year.
PE RATIO : At the current price of Rs.581, the trailing EPS of Rs.57.01 yields a PE Ratio of just 10.19. The stock therefore appears to be good for medium term appreciation. Performance of the company  in current year could further improve.
ANNOUNCEMENTS
TO THE EXCHANGE

16-07-2010        Supreme Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 16, 2010 has approved Stock-split/Sub-division of Equity Shares of the present 2,54,05,374 Nos. of Equity Shares of Rs.10/- (Face value) each fully paid-up into 12,70,26,870 Nos. of Equity Shares of Rs.2/- (Face Value) each fully paid up subject to approval by the Shareholders in General Meeting.    -
16-07-2010        Supreme Industries Limited has informed the Exchange that the Board of Directors at its meeting held on July 16, 2010 has recommended Final Dividend @ 130% i.e. Rs.13/- (Rupees Thirtheen only) per Share on 25405374 Nos. of Equity Shares of Rs.10/- each (FV).

RESULTS – IN FIGURES :

YR 0709-0610
dif%1
dif%2
Net Sales
200573.75
165192.07
21.4
131022.1
53.1
Other OptgIncome
913.75
-

893.91
2.2
SIT&WIP
-975.54
269.12
-462.5
-1797.66
-45.7
Raw Materials
118651.5
95547.81
24.2
78719.63
50.7
Traded goods
13179.87
9316.6
41.5
9827.47
34.1
Employees Cost
7956.9
6682.67
19.1
5441.75
46.2
Depreciation
5292.03
5253.09
0.7
3951.04
33.9
Other Expenditure
32826.3
29582.23
11
24452.78
34.2
Total Expenditure
176931.06
146651.52
20.6
120595.01
46.7
Other Income
707.81
904.53
-21.7

Interest
3302.71
5456.03
-39.5
3897.92
-15.3
Excepti. items
-
-622.76

-4.63
P B T
21961.54
14611.81
50.3
7427.71
195.7
Tax Expense
7478.52
4874
53.4
2429
207.9
Net Profit
14483.02
9737.81
48.7
5110.84
183.4
Dividend (%)
130
120
8.3
80
62.5
Face Value.Rs
10
10
0
10
0
Paid-up Equity
2540.54
2540.54
0
2762.17
-8
Reserves
35136.56
25990.94
35.2
22004.49
59.7
Basic EPS(Rs)
57.01
35.88
58.9
18.49
208.3
Public Holding.%
50.37
50.98
-1.2
-


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