I’ve been investing in Supreme Industries for about seven years now, but most of my investment—about 57% of it—came in just the financial year 2023–24 (Figure 1). So while the timeline technically stretches back quite a bit, the real weight of my position is barely a year old. It’s a little early to label this a “long-term” investment.
When I compare my XIRR to the broader market—specifically the Nifty 500—I’ve observed a pattern (Figure 2). When the markets are in a rough patch, Supreme Industries tends to move in line with the Nifty 500. It doesn’t drastically outperform or underperform. But when the markets start climbing, that’s when Supreme Industries pulls ahead. During bull runs, it consistently beats the index by a significant margin.
The dividend yield at cost (Figure 3), sitting a little over one percent, might not be jaw-dropping, but it adds up.
But the last few months have been a bit of a reality check.
Back in July 2024, things were looking fantastic. My portfolio was showing a profit of over 125% on Supreme Industries (Figure 4). But then came the FII sell-off and that 125% profit has shrunk to just 23%. That kind of drawdown isn’t easy to watch—especially when you’ve seen how high things can go. The Trump tariffs have added another layer of uncertainty. I expect the next couple of years to be very volatile.
