Supreme Petrochem Limited announced on September 25, 2025, that it has commissioned its first acrylonitrile butadiene styrene (ABS) production line at its Amdoshi plant in Nagothane, Maharashtra. The new facility has an installed capacity of 70,000 tonnes per annum and has been developed with technical support from Versalis, Italy.
The ABS production line marks a significant milestone for Supreme Petrochem, enabling it to expand into high-performance engineering plastics. ABS is widely used in automotive, consumer appliances, and electronic applications, and the new facility is expected to cater to growing domestic and export demand.
In Q1 FY26, volumes increased only marginally by 0.5% compared to the previous year. Domestic demand was impacted by lower lifting from OEMs and weak sales of cooling appliances such as refrigerators and air conditioners due to unseasonal rains. Non-OEM demand also remained subdued. Despite these challenges, the company remains optimistic, with Executive Director Rakesh Nayyar telling CNBC-TV18, “We hope to achieve close to 12% volume growth this year.”
On September 25, 2025, Supreme Petrochem share price opened at ₹857.20, compared to the previous close of ₹860.15. During the session, the stock touched a high of ₹865.70 and a low of ₹842.40 before closing at ₹847.05, down by 1.52% at the end of the trading day.
The stock recorded a traded volume of 0.19 lakh shares and a traded value of ₹1.62 crore on the NSE. The market capitalisation stood at ₹15,928.04 crore. Over the past 52 weeks, Supreme Petrochem Limited has hit a high of ₹908.00 and a low of ₹518.05. The stock is currently trading at a P/E ratio of 46.13.
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The commissioning of the ABS production line reflects Supreme Petrochem’s strategic focus on expanding its speciality polymers business. While Q1 performance was muted, the new capacity and management’s guidance of 12% volume growth for FY26 highlight the company’s optimism about demand recovery in the coming quarters.
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Published on: Sep 25, 2025, 7:24 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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