2pt July, 2021 .

National Stock Exchange of India Ltd. , Exchange Plaza, 5th floor, Plot No. C/1, G. Block, Bandra-Kurla Complex, Sandra (East), MUMBAI - 400051.

BSE Limited., Market-Operation Dept. , 1st Floor, New Trading Ring, Rotunda Bldg., P.J. Towers, Dalal Street, Fort, MUMBAI 400023.

Sub: Outcome of Board Meeting of the Company held on 21 st July, 2021.

Ref: Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sirs,

Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held on Wednesday, the 21 st July, 2021, inter- alia, transacted the following business:

1. Approved the Un-Audited Financial Results (both Consolidated and Standalone) for the First Quarter ended 30th June, 2021 .
1. We enclose a copy each of the following:
- I. Un-Audited Financial Results (both Consolidated and Standalone) for the First Quarter ended 30th June, 2021 .
- II . Limited Review Report dated 21 st July, 2021 , from M/s Lodha & Co., Statutory Auditors of the Company
- Ill. Press Release

The Extract of the Unaudited Consolidated Financial Results shall be published in the newspapers. The Standalone Financial statement, Consolidated Financial Statement and Press Release are available on the Company's website www.supreme.co.in

The Meeting commenced at 11 .00 a.m. and concluded at 12.2.~p.m

Please take the same on your records.

Thanking you,

Yours faithfully, For The Supreme Industries Ltd. ,

C-(r~

(R.J. Saboo) VP (Corporate Affairs) & Company Secretary Encl. : as above

The Supreme Industries Limited

1161 & 1162, Solitaire Corporate Park, Bldg. No. 11, 167, Guru Hargovindji Marg, Andheri - Ghatkopar Link Road, Chakala, Andheri (East), Mumbai 400 093, INDIA. +91 -022-6869 0000 / 4043 0000 ~ +91-022-6869 0099 / 4043 0099 i!J [email protected] 181 www.supreme.co.in ~

The Supreme Industries Limited

CIN: L35920MH1942PLC003554; Regd. Office: 612, Raheja Chambers, Nariman Point, Mumbai 400 021; Website: www.supreme.co.in; Tel. 912222851656; Fax: 912222851657

Statement of Unaudited Consolidated Financial Results for the Quarter ended 30th June, 2021

	Rs. In lakhs
Quarter ended
Particulars	30.06.2021	31.03.2021	30.06.2020	31.03.2021
	(Unaudited)	Audited (Refer Note 6b)	(Unaudited)	(Audited)
1 INCOME
(a) Revenue from operations	134208	208459	105389	635706
(b) Other income	432	824	197	1690

TOTAL INCOME	134640	209283	105586	637396

2 EXPENSES
(a) Cost of materials consumed	99738	120990	57322	376436
(b) Purchase of stock-in-trade	2923	2717	768	12357
(c) Changes in inventories of finished goods, Semi finished goods and
stock-in-trade	(16040)	3733	17349	15053
(d) Employee benefits expenses	8028	9310	6328	31036
(e) Finance costs	213	504	948	2213
(f) Depreciation and amortisation expense	5610	5480	5077	21279
(g) Power and fuel expense	4435	5480	3488	19857
(h) Other expenses	12923	15255	8424	52542

TOTAL EXPENSES	117830	163469	99704	530773
3 PROFIT BEFORE SHARE OF PROFIT OF ASSOCIATES [1-2]	16810	45814	5882	106623
4 SHARE OF PROFIT OF ASSOCIATES	4502	7034	(365)	14599

5 PROFIT BEFORE TAX [3+4]	21312	52848	5517	121222
6 TAX EXPENSES	4296	7810	1464	23408
7 PROFIT AFTER TAX [5-6]	17016	45038	4053	97814

8 OTHER COMPREHENSIVE INCOME (NET OF TAX)
(a) Items that will not be reclassified to profit or loss
Re-measurement of defined employee benefit plans	(44)	77	(84)	(174)
Income tax relating to Re-measurement of defined employee benefit r	11	(19)	21	44

(b) Share of other comprehensive income in associates (net of tax)	-	(25)	-	(25)
TOTAL OTHER COMPREHENSIVE INCOME (NET OF TAX)	(33)	33	(63)	(155)
9 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD [7+8]	16983	45071	3990	97659

10 EQUITY
Equity share capital	2541	2541	2541	2541
Other equity				314380

11 EARNING PER SHARE - BASIC & DILUTED (RS.)	13.40	35.46	3.19	77.00
(Face value of Rs. 2 each)

The Supreme Industries Limited

CIN: L35920MH1942PLC003554; Regd. Office: 612, Raheja Chambers, Nariman Point, Mumbai 400 021; Website: www.supreme.co.in; Tel. 912222851656; Fax: 912222851657 Statement of Unaudited Standalone Financial Results for the Quarter ended 30th June, 2021 ~eme® People who know plast,cs bost

					Rs. in Lakhs
			Previous Year ended
	Particulars	30.06.2021	31.03.2021	30.06.2020	31.03.2021
		(Unaudited)	Audited (Refer Note 6b)	(Unaudited)	(Audited)
	1 INCOME
	(a) Revenue from operations	134208	208459	105388	635699
	(b) Other income	432	878	197	2847

	TOTAL INCOME	134640	209337	105585	638546

	2 EXPENSES
	(a) Cost of materials consumed	99738	120990	57322	376436
	(b) Purchase of stock-in-trade	2923	2718	767	12354
	(c) Changes in inventories of finished goods, Semi finished goods and
	stock-in-trade	(16040)	3733	17349	15053
	(d) Employee benefits expenses	8013	9277	6311	30935
	(e) Finance costs	213	504	948	2213
	(f) Depreciation and amortisation expense	5610	5479	5077	21278
	(g) Power and fuel expense	4435	5480	3488	19857
	(h) Other expenses	12941	15284	8439	52629

	TOTAL EXPENSES	117833	163465	99701	530755

	3 PROFIT BEFORE TAX [1-2]	16807	45872	5884	107791
	4 TAX EXPENSES	4296	12055	1556	27653

	5 PROFIT AFTER TAX [3-4]	12511	33817	4328	80138

	6 OTHER COMPREHENSIVE INCOME (NET OF TAX)
	Items that will not be reclassified to profit or loss
(a)	Re-measurement of defined employee benefit plans	(44)	77	(84)	(174)
(b)	Income tax relating to Re-measurement of defined employee benefit	11	(19)	21	44
	TOTAL OTHER COMPREHENSIVE INCOME (NET OF TAX)	(33)	58	(63)	(130)

	7 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD [5+6]	12478	33875	4265	80008

	8 EQUITY
	Equity share capital	2541	2541	2541	2541
	Other equity				284376

	9 EARNING PER SHARE · BASIC & DILUTED (RS.)(Face value of Rs. 2 each)	9.85	26.62	3.41	63.09

Notes:

The Company sold 71264 MT of Plastic goods and achieved net product turnover of Rs. 1310 Crores during the 1st quarter of the current year against sale of 91451 MT and net product turnover of Rs. 1040 crores in the corresponding quarter of previous year resulting in volume degrowth of about 22 % and value growth of about 26 %.

Segment Reporting :	Rs. In lakhsPrevious Year ended
Particulars	30.06.2021	Quarter ended31.03.2021	30.06.2020	31.03.2021
1) Segment Revenue
Plastics PipinQ Products	83105	134675	76459	409879
Industrial Products	19892	29309	7048	76112
Packaging Products	24413	30973	18757	103506
Consumer Products	4846	12400	2800	35421
Others	1952	1102	325	10788
Net Revenue from Operations	134208	208459	105389	635706
2) Segment Results
Plastics Piping Products	14156	35701	6647	82129
Industrial Products	1220	3902	(760	6346
Packaoinq Products	1714	4080	1833	12459
Consumer Products	62	2864	(450	5966
Others	(56	39	(12	2423
Total Segment Profit before Interest and Tax	17096	46586	7258	109323
Add: Share of Profit of Associate	4502	7034	(365	14599
Less: Finance Cost	213	504	948	2213
Less: Other Un-allocable Expenditure	505	1092	625	2177
Add: Un-allocable Income	432	824	197	1690
Profit before Tax	21312	52848	5517	121222
Less: Provision for Tax	4296	7810	1464	23408
Profit after Tax	17016	45038	4053	97814
Add: Other Comprehensive Income (net of tax)	(33	33	(63	(155)
Total Comprehensive Income	16983	45071	3990	97659

Notes on segment information

2.1 Business segments

Based on the "management approach" as defined in Ind-AS 108 - Operating Segments, the Managing Director/Decision Maker evaluates the Company's performance and allocates resources based on an analysis of various performance indicators by business segments. Accordingly, information has been presented along with these business segments. The accounting principles used in the preparation of the financial statements are consistently applied to record revenue and expenditure in individual segments.

2.2 Segment assets and liabilities

The Company is engaged mainly in production of plastic products. Most of the assets, liabilities of the aforesaid reportable segments are interchangeable or not practically allocable and any forced allocation would not result in any meaningful segregation. Accordingly, segment assets, liabilities have not been presented.

3 The Company has considered the possible impact of COVID-19 in preparation of the above results. The impact of the global health pandemic may be different from that estimated as at the date of approval of results. Considering the continuing uncertainties, the Company will continue to closely monitor any material changes to future economic conditions.
4 The Code on Social Security, 2020 ('Code') relating to employee benefits during employment and post-employment benefits has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified. The Company will assess the impact of the Code and recognise the same when the Code becomes effective.
5 The Consolidated Results includes Results of (a) the Company's 100% Subsidiary Company viz." The Supreme Industries Overseas (FZE)" incorporated in SAIF Zone,UAE and (b) Associate Company viz."Supreme Petrochem Limited", in which the Company holds 30.78% of its paid-up equity share capital.

6 (a) The previous periods figures have been re-grouped / re-classified wherever required to conform to current periods classification.

(b) The figures of the quarter ended March 31, 2021 are the balancing figures between audited figures for the full previous financial year and unaudited published year to date figures up to the third quarter of the previous year.

The above financial results have been reviewed by the Audit Committee on 20th July, 2021 before being approved by the Board of Directors at their meeting held on 21st July, 2021.

Place: Mumbai Dated: 21st July, 2021. For The Supreme Industries Ltd.,

INDEPENDENT AUDITOR'S REVIEW REPORT

To The Board of Directors The Supreme Industries Limited

1. We have reviewed the accompanying statement of unaudited consolidated financial results of The Supreme Industries Limited ("the Holding Company"), its foreign subsidiary and an associate (together referred to as "the Group") for the quarter ended June 30, 2021 attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing, Obligations and Disclosure requirements) Regulations, 2015 ('Listing regulations'). This statement is the responsibility of the Holding Company's Management and has been approved by the Board of Directors. Our responsibility is to express a conclusion on these financial results based on our review.
1. We conducted our review in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of Holding Company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
1. The Statement includes the results of the following entities:

Name of the Entity	Relationship
The Supreme Industries Overseas (FZE)	Wholly owned foreign subsidiary
Supreme Petrochem Limited	Associate in which the Group holds 30.78% of
	equity

(a) We did not review the financial statements of the wholly owned foreign subsidiary included in the consolidated financial statements, whose financial statements reflect total revenue of Rs. 25 lakhs and net profit of Rs. 3 lakhs for the quarter ended June 30, 2021, as considered in the statement. These financial statements have been certified by the Company's Management and furnished to us, and our opinion, in so far as it relates to the amount and disclosures included in respect of the said subsidiary is also based solely on these certified financial statements.
(b) We did not review the financial results of the Associate included in the consolidated financial statements, whose financial statements reflect net profit and total comprehensive income of Rs. 4,502 lakhs (represents Group's share) for the quarter ended June 30, 2021. These financial statements have been reviewed by other auditor whose review report has been furnished to us by the Holding Company's management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the associate is based solely on the report of the other auditor.
(c) We have performed procedures in accordance with the circular issued by the Securities Exchange Board of India (SEBI) under regulation 33(8) of the Listing Regulations, to the extent applicable.

(a) We draw your attention to the Note 3 to the financial results regarding the assessment made by management relating to impact of COVID-19 pandemic on the operations of the Group.

RAJENDRAPARASMALBARADIYA	Digitally signedby RAJENDRAPARASMALBARADIYA

(b) Attention is drawn to the fact that the figures for the 3 months ended 31 March 2021 as reported in these financial results are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.

Our conclusion is not modified in respect of matters referred to in para 4 and 5.

(c) Based on our review, conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited consolidated financial results prepared in accordance with applicable Indian Accounting Standards (IND AS) and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Circulars issued from time to time including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Lodha and Company Chartered Accountants ICAI Firm Registration No. 301051E

R.P. Baradiya Partner Place: Mumbai Membership No. 44101 Date: July 21, 2021 UDIN:- 21044101AAABOS6504

INDEPENDENT AUDITOR'S REVIEW REPORT

To The Board of Directors of The Supreme Industries Limited

1. We have reviewed the accompanying statement of unaudited standalone financial results of The Supreme Industries Limited ('the Company') for the quarter ended June 30, 2021 attached herewith, being submitted by the Company pursuant to the requirements of Regulations 33 of the SEBI (Listing, Obligations and Disclosure requirements) Regulations, 2015 ('Listing regulations'). This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to express a conclusion on these financial results based on our review.
1. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
1. (a) We draw your attention to the Note 3 to the financial results regarding the assessment made by Management relating to impact of COVID-19 pandemic on the operations of the Company.
- (b) Attention is drawn to the fact that the figures for the 3 months ended 31 March 2021 as reported in these financial results are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.

Our conclusion is not modified in respect of these matters.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Indian Accounting Standards (Ind As) and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with circular issued from time to time including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Lodha and Company Chartered Accountants ICAI Firm Registration No. 301051E R.P. Baradiya Partner Place: Mumbai Membership No. 44101 Date: July 21, 2021 UDIN: 21044101AAABOR3137

The Supreme Industries Limited Press Release

THE SUPREME INDUSTRIES LIMITED (Supreme) ANNOUNCES UNAUDITED STANDALONE & CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE, 2021.

Mumbai. 21th July. 2021

The Supreme Industries Limited (Supreme), India's leading Plastics product manufacturing company, announced its Unaudited Standalone & Consolidated financial results for the Quarter ended 30th June, 2021, at its Board Meeting held today.

[A] Standalone Results

				Rs. in Crores
		Previous Yearended
	30.06.2021	31.03.2021
Plastic goods sold (MT)	71264	30.06.202091451	Chane-22%	409109
Plastics product turnover	1310	1040	+26%	6177
Total income	1346	1056	+27%	6385
Operating profit (PBIDT)	222	117	+90%	1284
Net profit before tax	168	59	+185%	1078
Net profit after tax	125	43	+191%	801
Earning Per Share (in Rs.)	9.85	3.41		63.09
Cash Earning Per Share (in Rs.)	14.27	7.40		79.84

Consolidated Results

				Rs. in Crores
	Quarter ended	Previous Yearended
	Chane30.06.202130.06.2020
Consolidated total income	1346	1056	+27%	31.03.20216374
Consolidated operating profitPBDIT	267	113	+136%	1430
Consolidated net profit before tax	213	55	+287%	1212
Consolidated net profit after tax	170	41	+315%	978
Earning Per Share (in Rs.)	13.40	3.19		77.00
Cash Earning Per Share (in Rs.)	17.81	7.19		93.75

Product Group Wise Performance

	Volume (MT)		Value (Rs. In crores)			OPM%
Segment		1'20	%Change		1'20	%Change		1'20
Plastic Piping System	48111	74992	-36%	831	765	+9%	20.65 %	11.71 %
Industrial Products	9512	4770	+99%	199	70	+184%	10.64 %	1.39 %
Packaging Products	11532	10182	+13%	244	188	+30%	11.87 %	15.24 %
Consumer Products	2109	1507	+40%	48	28	+71 %	9.97%	-2.11 %
Total	71264	91451	-22 %	1322	1051	+26%	17.13 %	11.28%

The Supreme Industries Limited

1161 & 1162, Solitaire Corporate Park, Bldg. No. 11, 167, Guru Hargovindji Ma Andheri - Ghatkopar Link Road, Chakala, Andheri (East), Mumbai 400 093, IND

Regd. Off.: 612, Raheja Chambers, Nariman Point, Mumbai 40 ~=-- (022) 6257 0000, 6257 0025 CIN: L35920MH 1942PLC003554 PAN : AAACTl 344F t, [email protected] 181 www.supreme.co.in

[D] The overall turnover of value added products increase to Rs. 516 crores during the current quarter as compared to Rs. 3 78 crores in the corresponding period of previous year achieving growth of 3 7%.

[E] The Company has Cash Surplus funds of Rs. 381 crores as on 30th June, 2021 as against Cash Surplus funds of Rs. 759 crores as on 31st March, 2021.

[F] Business Outlook

Mr. M. P. Taparia, Managing Director, The Supreme Industries Limited, said:

During the first quarter of the current year the business was severely disrupted due to second wave of Covid-19. This time, the infection was quite widespread in rural areas. April and May are the peak season for PVC Pipe System for Agriculture application.

As the rural market was badly affected by the Pandemic, the Agricultural demand took a big hit resulting in huge volume loss of business in Piping segment The Company was thus required to carry forward the pipe inventory which was kept ready to meet large seasonal demand of Agricultural pipes. Plastic Piping System thus saw a volume de-growth of 36% compared to corresponding quarter in the previous year.

PVC prices have started going up now, after a drop of Rs. 19/- per kg since April 2021. The demand in Construction segment has now opened up. Company expects that the First quarter loss in volume in Piping System not only be recovered but will show a growth in full year.

The upcoming unit to make Plastic Pipe system at Guwahati will be operational by October 2021. The Company has taken in hand to put the plastic product complex in Orissa with an outlay of Rs. 121 Crores in the current year. The same may be operational in last quarter of 2021-22.

Total capex planned for the year has now increased to Rs. 521 Crores from earlier Rs. 400 Crores including carried forward commitments of previous year.

Compression Moulded Olefin fittings have gone into commercial production at Jadcherla since June to cater to the growing demand in "Nal-se-Jal" Scheme.

Th~ Second wave of Pandemic and the resultant localized lockdown has adversely affected the demand supply chain during the first quarter, which is the peak demand period for Tarpaulins. The sales of Cross Limited Film pr(!)ducts were down by 12.52 % in first quarter compared to the corresponding quarter in the previous year. The production has also taken a hit during the first quarter due to scarcity oflabour on account oflarge infection in rural area. The silver lining is that the exports have gone up by around 50% in the quarter, compared to the first quarter oflast year. With the waning of second wave, the labourers are back and the production is running at full capacity. The good run in exports is continuing.

The furniture business has shown a volume growth of 40 % in the quarter compared to previous year similar quarter. The value added products sales have gone up to Rs. 23.26 Crores compared to Rs. 13.41 crores in the same quarter of last year. This division is working on Digital campaign on several media sites such as Facebook, you tube, Instagram for brand promotion. The business expects to have a decent growth in this year over previous year.

The Supreme Industries Limited

1161 & 1162, Solitaire Corporate Park, Bldg. No. 11, 167, Guru Hargovindji Ma Andheri - Ghatkopar Link Road, Chakala, Andheri (East), Mumbai 400 093, IND

+91-022-6869 0000 I 4043 0000 ~ +91-022-6869 0099 I 4043 0099 !J [email protected] ~ www.supreme.co.in e:)

Regd. Off.: 612, Raheja Chambers, Nariman Point, Mumbai 400 021, INDIA ~ +91 (022} 6257 0000, 6257 0025 CIN: L35920MH1942PLC003554 PAN: AAACTl 344F e:) [email protected] 181 www.supreme.co.in

Business scenario remains bullish in Industrial Component Business barring the initial disruption during first quarter. Division is working with its existing customers for new business apart from developing new customers. Company is putting need based capital expenditure to meet increased business requirements.

Material Handling Products being intermediary to supply of essential products have done good business both in terms of value and volume. Division is working to introduce various new products/applications from Injection Moulding and Roto Moulding process. Expansion of capacities at its plant at Lalru (Punjab) and Gadegaon (Maharashtra)is nearing completion and shall be operational by July-August,2021.

In Composite LPG Cylinder division, repeated orders from existing as well as new customers are continuing. Domestic Oil Marketing Companies IOCL and BPCL have also floated enquiries for purchases which augurs well for the long awaited introduction of Composite Cylinders in the Indian market. Overall business scenario looks encouraging.

Protective Packaging Business has shown good improvement over corresponding quarter of previous year. New products for export market have been well received. Its retail division for fitness products is also picking up well. Division is focusing on customized solutions and value addition to its OE customers.

Beginning of the current year, all the Polymer prices have shown softening trend. However, after reduction between 13% to 16% during the quarter, prices have again started firming up and expected to remain range bound.

The Company is committed to increasingly meet its energy requirements from Renewable sources and investing a sum of Rs. 35 crores in the current year to install Roof top solar energy generation plants at its various plant locations. The same shall be operational by October-November, 2021.

About Supreme Industries Limited

Supreme Industries Limited is India's leading plastics product manufacturer, offering a wide and comprehensive range of plastic products in India. The company operates in various product categories viz. Plastic Piping System, Cross Laminated Films & Products, Protective Packaging Products, Industrial Moulded Components, Moulded Furniture, Storage & Material Handling Products, Performance Packaging Films and Composite LPG Cylinders.

Supreme Industries has 25 technologically advanced manufacturing facilities located at various places spread across the country. The company has built-up excellent relationship with its distributors and is also providing orientation to them, in order to ensure proper service to ultimate customers.

For further information, kindly contact: - Ms. Kavita Nagavekar Ketchum Sampark Pvt. Ltd. 09619138779