As usual extremely consistent performance.

Excellent company.
would love to knw the beta of the company, it has to  be below 1.

From whr did u got the  value of the beta...????
If u can pls share the source....

thanks in advance....

AGM      
          Supreme Industries
The company expects value growth of around 20% for year ending June'12


The company held its AGM on 14/09/2011 and was addressed by Chairman B L Taparia

Key highlights
For first two months July-August 2011, the company reported volume growth of 1.15% to 32657 tons, which translated in a value growth of 7% on y.o.y basis. The management has indicated that the primary reason for the sluggish volume growth was due to heavy rains and floods in various parts of the country. However they are very hopeful for better performance in coming quarters and have provided a guidance of value growth of 20% by the end of the year.
The main drivers of growth are the Tier 2 and 3 cities. The consumption of plastics per person is increasing in India and the trend will continue. With good monsoon, the demand from Tier 2 and 3 cities continues to look promising.
Both raw material prices and currency are very volatile in the recent times. The company maintains only a reasonable level of inventory of raw material without making any over commitments on both sides.
The high value products sales stood at 29% for year ending June'11, as against about 26% in corresponding previous period. The trend is expected to continue. High value products are those products whose margin is higher than 17%.
The company has made an investment to the tune of about Rs 258 crore last year to augment capacities for various products at its existing sites and commissioned production at new site in Tamil Nadu. For period ending June'12, it has plans to invest about Rs 200 crore that includes about Rs 65 crore for manufacture of domestic LPG composite cylinders. This is a unique product, which is light in weight, transparent ie users can see how much gas is left and easy to carry and most importantly explosion proof compared to steel. However the Central Government is yet to announce the policy action in this front and looking at current environment, there can be some delay for the launch.
Of the remaining about Rs 135 crore planned for period ending June'12, about Rs 18 crore will be spent on establishing new unit to manufacture protective packaging products at Hosur which will start in April'12. About Rs 82 crore will be spent in creating capacity of about 12000 tons to manufacture cross laminated plastics products in Gujarat and the rest on augmenting existing capacities and product range in all the units of the company.
Supreme industries has sold about 13170 sq feet from its new office complex for a sum of about Rs 20.75 crore and expects to sell the remaining planned sale by June'12. Total salable area is about 2.75 lakh sq feet and company expects proceeds of about Rs 425 core on sale of entire premises. The entire manufacturing capacity expansion will be undertaken from internal accruals and from the proceeds of the sale of the premises. There will be no incremental borrowings made during the year. So the overall funds will be used to reduce the borrowings and for further expansions.