Supreme Industries Vs Astral Poly: Quick Look

Here is a quick look at Supreme vs Astral:

	Astral	Supreme
CMP	286	280
Face Value of Share	5	2
Sales	609.31	2962.2
Net Profit	39.46	240.52
Op Margin	14.15%	15.85%
Net Margin	6.83%	8.08%
RoCE	28.83%	45.6%
RoNW	21.55%	37.5%
Debt-Equity	0.34	0.4
Inventory Turnover	4.96	9.44
Asset Turnover	2.86	2.39
Material Cost	75.32	65.82
Dividend Payout Ratio	7.39	36.82
PE	15.17	14.9
P/B	3.49	5.58
Div Yield	0.4%	2.13%
Last 5 yr Rev Growth	42%	22%
Last 5 yr Profit Growth	23.51%	47.29%

  


The numbers are probably self-explanatory! Interestingly, Supreme has consistently improved its RoCE over the last 10 years. It used to be around 10% in 2002-03 and has moved to nearly 45% currently. It's CPVC business has grown 60% this year.

What I am most interested in is however, the composites business, which I think may be a big differentiator. This is their 5th and newest line of business. The company has received ISO approval for making fibre glass gas cylinders and is expected to start their trial run from Jan'13.




Disclaimer: I am invested in both Supreme and Astral and they are in top 5 holdings in my portfolio.