SRF - SRF Ltd. Share Price

Chemicals & Petrochemicals

₹3038.00+69.90(+2.36%)

Market Open as of Apr 28, 2025, 14:19 IST

What does SRF Ltd. do?

Specialty Chemicals•Chemicals•Mid Cap

SRF is a Specialty Chemicals company with a stock ticker of SRF and a significant market capitalization of Rs. 87,011.1 Crores.

The company is engaged in the manufacture, purchase, and sale of various products, including:

Technical textiles
Chemicals
Packaging films
Other polymers

SRF operates through several segments:

Technical Textiles Business
Chemicals Business
Packaging Film Business
Others

In terms of product offerings, SRF manufactures a diverse range including:

Polyester and nylon tyre cord
Belting, coated, and laminated fabrics
Industrial and polyester industrial yarns

Additionally, SRF provides:

Fluorochemicals, like refrigerants under the FLORON brand for various cooling applications
Propellants for pharmaceuticals marketed under the Dymel brand
Industrial chemicals for multiple applications, including solvents for pharma and metal de-greasing
PTFE resins for various industries, branded as Flonio
Advanced intermediates for agrochemical and pharmaceutical applications
Bi-axially oriented films under the PETLAR and OPLAR brands

The company has a global presence, operating in countries such as the United States, South Africa, United Kingdom, Italy, Indonesia, United Arab Emirates, South Korea, Germany, Thailand, Hungary, Switzerland, and Belgium.

Originally incorporated in 1970 under the name Shri Ram Fibres, the company rebranded to SRF Limited in 1990, and is headquartered in Gurugram, India. It is a subsidiary of KAMA Holdings Limited.

In financial terms, SRF has demonstrated healthy performance with a trailing 12 months revenue of Rs. 14,071.1 Crores, a revenue growth of 21.9% over the past three years, and a dividend yield of 0.37% per year, distributing Rs. 10.8 dividend per share to its investors.

Industry Group:Chemicals & Petrochemicals

Employees:7,372

Website:www.srf.com

Revenue Breakdown

Analysis of SRF's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Revenue

Last Updated: Dec 31, 2024

Description	Share	Value
Chemicals Business (CB)	42.8%	1.5 kCr
Packaging Film Business (PFB)	39.7%	1.4 kCr
Technical Textiles Business (TTB)	14.6%	509.8 Cr
Others	2.9%	101.1 Cr
Total		3.5 kCr

Pros

Size: It is among the top 200 market size companies of india.

Profitability: Recent profitability of 8% is a good sign.

Technicals: Bullish SharesGuru indicator.

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Cons

Insider Trading: Significant insider selling noticed recently.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: SRF vs Chemicals & Petrochemicals

Comprehensive comparison against sector averages

Comparative Metrics

SRF metrics compared to Chemicals

Category	SRF	Chemicals
PE	76.71	54.12
PS	6.25	4.55
Growth	4.8 %	7.3 %

Performance Comparison

SRF vs Chemicals (2021 - 2025)

Key Insights

1. SRF is among the Top 3 Specialty Chemicals companies by market cap.
2. The company holds a market share of 10.2% in Specialty Chemicals.
3. In last one year, the company has had a below average growth that other Specialty Chemicals companies.

Investor Care
Dividend Yield	0.36%
Dividend/Share (TTM)	10.8
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	38.69

Financial Health
Current Ratio	1.03
Debt/Equity	0.43
Debt/Cashflow	0.41

Cash Flow for SRF

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	34.3%	236	176	94
Change in inventories	38.7%	-59.23	-97.23	-472.29
Depreciation	18.8%	556	468	419
Unrealised forex losses/gains	10.7%	-38.62	-43.37	-21.27
Adjustments for interest income	-25.4%	45	60	32
Share-based payments	1.8%	8.54	8.41	11
Net Cashflows from Operations	-30.4%	2,268	3,256	2,000
Interest paid	-	0	0	362
Income taxes paid (refund)	-22.1%	365	468	0
Net Cashflows From Operating Activities	-31.8%	1,903	2,788	1,638
Proceeds from sales of PPE	-6.7%	15	16	15
Purchase of property, plant and equipment	-21.4%	1,865	2,374	1,576
Cash receipts from repayment of advances and loans made to other parties	39.1%	563	405	277
Interest received	30.6%	48	37	32
Other inflows (outflows) of cash	-189.9%	-25.06	30	105
Net Cashflows From Investing Activities	10.9%	-2,074.04	-2,328.16	-1,279.58
Proceeds from issuing shares	-	0	0	0.2
Proceeds from borrowings	7.1%	901	841	613
Repayments of borrowings	-45%	370	672	414
Payments of lease liabilities	16.1%	37	32	26
Dividends paid	0.5%	214	213	212
Interest paid	57.5%	275	175	86
Net Cashflows from Financing Activities	101.9%	5.72	-252.33	-125.11
Net change in cash and cash eq.	-180.4%	-165.49	208	233

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	47.5%	302	205	116
Change in inventories	42.9%	-74.18	-130.7	-665.67
Depreciation	17.1%	673	575	517
Adjustments for interest income	-43.2%	26	45	24
Net Cashflows from Operations	-27.4%	2,476	3,409	2,507
Income taxes paid (refund)	-24.7%	383	508	402
Net Cashflows From Operating Activities	-27.9%	2,094	2,902	2,106
Cashflows used in obtaining control of subsidiaries	-	0	0	9.96
Proceeds from sales of PPE	7.7%	15	14	15
Purchase of property, plant and equipment	-22.7%	2,217	2,866	1,832
Interest received	0%	27	27	32
Other inflows (outflows) of cash	-212.1%	-28.15	27	105
Net Cashflows From Investing Activities	24.8%	-2,227.33	-2,961.41	-1,587.72
Proceeds from issuing shares	-	0	0	0.2
Proceeds from borrowings	-26.9%	1,038	1,419	618
Repayments of borrowings	-34.6%	497	759	471
Payments of lease liabilities	16.1%	37	32	0
Dividends paid	0.5%	214	213	212
Interest paid	86.5%	361	194	117
Net Cashflows from Financing Activities	-133.2%	-71.7	220	-207.29
Effect of exchange rate on cash eq.	-32.5%	-3.48	-2.38	1.49
Net change in cash and cash eq.	-233.5%	-208.65	158	312

Share Holdings

Understand SRF ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
KAMA HOLDINGS LIMITED	50.21%
LICI ULIP-GROWTH FUND	4.72%
KOTAK EQUITY HYBRID	4.02%
AMANSA HOLDINGS PRIVATE LIMITED	3.22%
GOVERNMENT PENSION FUND GLOBAL	2.15%
GOVERNMENT OF SINGAPORE	1.45%
MIRAE ASSET ELSS TAX SAVER FUND	1.13%
ARUN BHARAT RAM	0.03%
ASHISH BHARAT RAM	0.01%
KARTIK BHARAT RAM	0.01%
SRF Altech Limited	0%
SRF Holiday Home Limited	0%
SRF Global BV	0%
SRF Industries (Thailand) Ltd	0%
SRF Flexipal (South Africa) (Pty) Ltd	0%
SRF Industex Belting (pty) Ltd.	0%
SRF Europe KFT	0%
SRF Transnational Holdings Ltd	0%
KAMA Realty (Delhi) Ltd	0%
Shri Educare Ltd.	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Balance Sheet for SRF

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-71.2%	105	362	267	527	2.28	320
Current investments	12.6%	457	406	553	490	3.24	317
Loans, current	18.1%	380	322	163	243	3.58	178
Total current financial assets	-1%	2,810	2,837	2,801	2,946	25	2,401
Inventories	9.4%	2,080	1,901	1,952	1,849	19	1,751
Total current assets	3.6%	5,169	4,990	4,754	5,003	48	4,332
Property, plant and equipment	0.1%	10,337	10,327	8,469	7,568	69	6,006
Capital work-in-progress	7.3%	799	745	2,134	2,129	18	1,617
Investment property	-100.2%	0	630	0	0	0	0
Goodwill	-	0	0	0	0	0	0
Non-current investments	-	631	0	108	93	0.93	93
Loans, non-current	2%	51	50	297	291	2.84	410
Total non-current financial assets	254.2%	851	241	566	450	4.34	643
Total non-current assets	0.8%	12,476	12,375	11,518	10,548	94	8,603
Total assets	1.6%	17,645	17,365	16,272	15,551	142	12,938
Borrowings, non-current	-14.6%	1,419	1,662	1,865	1,727	11	1,190
Total non-current financial liabilities	-14%	1,500	1,745	1,982	1,983	14	1,438
Provisions, non-current	6.7%	65	61	54	52	0.46	45
Total non-current liabilities	-7.2%	2,607	2,809	2,967	2,813	21	2,096
Borrowings, current	17.8%	2,296	1,949	1,385	1,313	17	1,585
Total current financial liabilities	2.8%	4,059	3,949	3,321	3,371	37	3,094
Provisions, current	12%	8.02	7.27	9.11	6.28	0.08	5.42
Current tax liabilities	0%	12	12	12	12	0.4	9.75
Total current liabilities	2.5%	4,142	4,042	3,440	3,485	38	3,217
Total liabilities	-1.5%	6,749	6,851	6,408	6,298	60	5,313
Equity share capital	0%	297	297	297	297	2.97	297
Total equity	3.6%	10,896	10,514	9,864	9,254	83	7,625
Total equity and liabilities	1.6%	17,645	17,365	16,272	15,551	142	12,938

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-65.6%	138	399	390	608	325	450
Current investments	12.6%	457	406	553	490	324	317
Loans, current	8.3%	14	13	11	11	9.02	8.8
Total current financial assets	-2.4%	2,897	2,967	2,888	3,138	2,753	2,803
Inventories	14.1%	2,653	2,326	2,291	2,274	2,370	2,138
Current tax assets	-	0	0	0	0	0	0
Total current assets	5.2%	5,945	5,649	5,524	5,775	5,564	5,251
Property, plant and equipment	1.7%	13,349	13,122	10,740	9,935	9,049	8,306
Capital work-in-progress	4%	837	805	2,683	2,406	1,843	1,672
Goodwill	-	0	0	0	0	0	0
Non-current investments	0.8%	122	121	19	4.16	4.16	4.16
Loans, non-current	2%	51	50	48	45	39	15
Total non-current financial assets	-4.9%	351	369	233	117	100	159
Total non-current assets	2%	15,131	14,833	14,131	12,980	11,489	10,522
Total assets	2.9%	21,077	20,482	19,655	18,755	17,053	15,777
Borrowings, non-current	-11.1%	2,002	2,251	2,386	2,312	1,674	1,753
Total non-current financial liabilities	-10.8%	2,084	2,335	2,503	2,569	2,005	2,002
Provisions, non-current	11.4%	79	71	63	61	53	52
Total non-current liabilities	-5.5%	3,327	3,522	3,612	3,511	2,838	2,771
Borrowings, current	17.9%	3,147	2,669	2,472	2,043	2,041	1,786
Total current financial liabilities	5.2%	5,643	5,362	5,052	4,785	4,835	4,275
Provisions, current	15.1%	9.94	8.77	11	7.91	9.92	7.38
Current tax liabilities	-25%	13	17	13	15	44	14
Total current liabilities	4.9%	5,752	5,481	5,190	4,917	4,990	4,440
Total liabilities	0.8%	9,079	9,003	8,803	8,427	7,828	7,211
Equity share capital	0%	297	297	297	297	297	297
Total equity	4.5%	11,997	11,479	10,852	10,327	9,225	8,565
Total equity and liabilities	2.9%	21,077	20,482	19,655	18,755	17,053	15,777

Income Statement for SRF

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	2.1%	2,762	2,704	2,736	2,920	2,506	2,587
Other Income	20.9%	53	44	35	33	28	38
Total Income	2.4%	2,814	2,747	2,771	2,952	2,534	2,625
Cost of Materials	-0.2%	1,380	1,383	1,358	1,357	1,278	1,191
Purchases of stock-in-trade	-5.6%	18	19	29	21	24	19
Employee Expense	2.9%	217	211	211	208	208	192
Finance costs	5.6%	76	72	76	68	52	63
Depreciation and Amortization	0.6%	159	158	155	153	141	133
Other expenses	0.2%	652	651	645	662	577	590
Total Expenses	-0.2%	2,439	2,444	2,435	2,493	2,182	2,209
Profit Before exceptional items and Tax	23.8%	375	303	336	459	352	416
Total profit before tax	23.8%	375	303	336	459	352	416
Current tax	24.7%	97	78	86	120	92	107
Deferred tax	-	-1.43	0	0	-98.06	-2.52	0
Total tax	22.1%	95	78	86	22	89	107
Total profit (loss) for period	24.6%	280	225	250	437	263	309
Other comp. income net of taxes	-239.7%	-88.64	-25.39	36	40	11	-31.84
Total Comprehensive Income	-4.5%	191	200	285	478	274	277
Earnings Per Share, Basic	28.1%	9.44	7.59	8.43	14.75	8.87	10.42
Earnings Per Share, Diluted	28.1%	9.44	7.59	8.43	14.75	8.87	10.42
Debt equity ratio	-	038	0	034	035	037	034
Debt service coverage ratio	0.3%	0.0225	0.02	0.0207	0.0417	0.029	0.0333
Interest service coverage ratio	0.5%	0.0643	0.06	0.058	0.0817	0.0645	0.0683

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-10.7%	10,787	12,074	9,953	6,988	6,331	6,459
Other Income	12.4%	119	106	64	63	51	42
Total Income	-10.5%	10,906	12,180	10,017	7,052	6,382	6,502
Cost of Materials	-5.6%	5,196	5,505	4,748	3,278	3,199	3,633
Purchases of stock-in-trade	-23.9%	84	110	137	60	91	48
Employee Expense	15.5%	790	684	658	534	487	425
Finance costs	34.3%	236	176	94	111	182	175
Depreciation and Amortization	18.8%	556	468	419	384	353	328
Other expenses	-4.6%	2,441	2,559	1,998	1,402	1,385	1,269
Total Expenses	-3.5%	9,188	9,524	7,862	5,742	5,602	5,809
Profit Before exceptional items and Tax	-35.3%	1,718	2,656	2,155	1,310	780	693
Total profit before tax	-35.3%	1,718	2,656	2,155	1,310	780	693
Current tax	-34.9%	444	682	665	386	19	203
Deferred tax	-101.1%	-100.58	-49.52	-17.31	-1.01	-32.16	-27.15
Total tax	-45.6%	344	632	648	385	-13.11	176
Total profit (loss) for period	-32.1%	1,374	2,023	1,507	925	974	517
Other comp. income net of taxes	147.2%	91	-189.59	23	88	-112.54	34
Total Comprehensive Income	-20.1%	1,465	1,834	1,530	1,013	862	551
Earnings Per Share, Basic	-32.6%	46.35	68.26	50.86	31.744	33.896	182
Earnings Per Share, Diluted	-32.6%	46.35	68.26	50.86	31.744	33.896	182
Debt equity ratio	-	035	0	0	042	059	079
Debt service coverage ratio	-	0.0334	0	0	0.0174	0.0259	0.0211
Interest service coverage ratio	-	0.0735	0	0	0	0.0806	0.0567

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	2%	3,491	3,424	3,464	3,570	3,053	3,177
Other Income	21.9%	40	33	25	23	19	29
Total Income	2.1%	3,531	3,458	3,489	3,593	3,072	3,206
Cost of Materials	-0.9%	1,869	1,886	1,824	1,791	1,631	1,541
Purchases of stock-in-trade	-42.4%	20	34	40	24	39	29
Employee Expense	3.2%	261	253	252	247	244	227
Finance costs	2.2%	96	94	97	90	67	79
Depreciation and Amortization	0%	194	194	188	186	169	161
Other expenses	0.8%	805	799	781	794	689	704
Total Expenses	-0.4%	3,162	3,174	3,145	3,150	2,723	2,792
Profit Before exceptional items and Tax	30%	369	284	344	443	348	415
Total profit before tax	30%	369	284	344	443	348	415
Current tax	21%	99	82	92	122	97	114
Deferred tax	-	-1.43	0	0	-100.74	-2.52	0
Total tax	19.8%	98	82	92	21	95	114
Total profit (loss) for period	35%	271	201	252	422	253	301
Other comp. income net of taxes	-224.7%	-152.41	124	43	-22.44	76	-43.1
Total Comprehensive Income	-63.7%	119	326	295	400	330	258
Earnings Per Share, Basic	40.8%	9.15	6.79	8.51	14.24	8.55	10.15
Earnings Per Share, Diluted	40.8%	9.15	6.79	8.51	14.24	8.55	10.15
Debt equity ratio	-	045	0	043	044	046	046
Debt service coverage ratio	-0.2%	0.0181	0.02	0.0182	0.0317	0.0245	0.0255
Interest service coverage ratio	0.7%	0.0569	0.05	0.0528	0.0687	0.0527	0.0565

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-11.6%	13,139	14,870	12,434	8,400	7,209	7,693
Other Income	10.8%	83	75	43	54	49	40
Total Income	-11.5%	13,222	14,945	12,476	8,455	7,258	7,733
Cost of Materials	-6%	6,696	7,125	6,171	4,028	3,687	4,382
Purchases of stock-in-trade	-57.2%	119	277	176	63	91	49
Employee Expense	14.9%	935	814	780	621	542	516
Finance costs	47.5%	302	205	116	134	201	202
Depreciation and Amortization	17.1%	673	575	517	453	389	367
Other expenses	-7.1%	2,911	3,134	2,411	1,615	1,526	1,462
Total Expenses	-4.9%	11,529	12,121	9,891	6,842	6,344	6,906
Profit Before exceptional items and Tax	-40.1%	1,692	2,824	2,586	1,613	915	827
Total profit before tax	-40.1%	1,692	2,824	2,586	1,613	915	827
Current tax	-35.4%	460	711	714	415	27	212
Deferred tax	-106.4%	-103.26	-49.52	-17.31	-1.01	-27.71	-27.15
Total tax	-46.1%	357	662	697	414	-1.2	185
Total profit (loss) for period	-38.2%	1,336	2,162	1,889	1,198	1,019	642
Other comp. income net of taxes	110.2%	21	-195.63	21	128	-119.01	5.64
Total Comprehensive Income	-31%	1,357	1,967	1,910	1,325	900	647
Earnings Per Share, Basic	-38.8%	45.06	72.95	63.75	41.108	35.458	22.332
Earnings Per Share, Diluted	-38.8%	45.06	72.95	63.75	41.108	35.458	22.332
Debt equity ratio	-	044	0	0	051	084	09
Debt service coverage ratio	-	0.0271	0	0	0.0202	0.0234	0.021
Interest service coverage ratio	-	0.0611	0	0	0	0.0752	0.0597

Valuation
Market Cap	87.98 kCr
Price/Earnings (Trailing)	76.71
Price/Sales (Trailing)	6.25
EV/EBITDA	34.12
Price/Free Cashflow	-529.38
MarketCap/EBT	61.11

Fundamentals
Revenue (TTM)	14.07 kCr
Rev. Growth (Yr)	14.95%
Rev. Growth (Qtr)	2.12%
Earnings (TTM)	1.15 kCr
Earnings Growth (Yr)	6.96%
Earnings Growth (Qtr)	34.58%

Profitability
Operating Margin	10.23%
EBT Margin	10.23%
Return on Equity	9.56%
Return on Assets	5.44%
Free Cashflow Yield	-0.19%

Is SRF Better than it's peers?

Detailed comparison of SRF against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
PIDILITIND	Pidilite IndustriesSpecialty Chemicals	1.53 LCr	13.12 kCr	+5.54%	+2.86%	77.42	11.65	+6.77%	+14.11%
UPL	UPLPesticides & Agrochemicals	55.89 kCr	45.65 kCr	+1.45%	+30.83%	-164.86	1.22	-1.10%	+52.79%
PIIND	PI IndustriesPesticides & Agrochemicals	54.37 kCr	8.26 kCr	+4.55%	-4.58%	32	6.58	+7.42%	+6.69%
ATUL	AtulSpecialty Chemicals	18.89 kCr	5.42 kCr	+11.11%	+9.19%	44.18	3.49	+13.37%	+19.56%
VINATIORGA	Vinati OrganicsSpecialty Chemicals	17.6 kCr	2.2 kCr	+5.89%	+5.93%	45.55	8.01	+16.41%	+7.41%
AARTIIND	Aarti IndustriesSpecialty Chemicals	15.55 kCr	7.11 kCr	+10.14%	-43.08%	42.37	2.19	+13.53%	-15.30%

Price to Sales Ratio

Latest reported: ₹6

Revenue (Last 12 mths)

Latest reported: ₹14 kCr

Net Income (Last 12 mths)

Latest reported: ₹1 kCr

SRF - SRF Ltd. Share Price

What does SRF Ltd. do?

Investor Care

Financial Health

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)