SRF Ltd
Incorporated in 1970, SRF Ltd manufactures and sells technical textiles, chemicals, packaging films, aluminum foils, and other polymers[1]
- Market Cap ₹ 87,149 Cr.
- Current Price ₹ 2,940
- High / Low ₹ 3,325 / 2,127
- Stock P/E 60.9
- Book Value ₹ 426
- Dividend Yield 0.26 %
- ROCE 12.3 %
- ROE 10.4 %
- Face Value ₹ 10.0
Pros
Cons
- Dividend payout has been low at 14.4% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Part of BSE 500 BSE 100 BSE 200 Nifty 500 Nifty Midcap 100
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4,018 | 4,540 | 4,593 | 4,822 | 5,589 | 7,100 | 7,209 | 8,400 | 12,434 | 14,870 | 13,139 | 14,693 | 15,048 | |
3,513 | 3,822 | 3,630 | 3,852 | 4,683 | 5,803 | 5,754 | 6,267 | 9,330 | 11,341 | 10,554 | 11,975 | 12,103 | |
Operating Profit | 505 | 717 | 963 | 969 | 906 | 1,297 | 1,455 | 2,133 | 3,103 | 3,529 | 2,584 | 2,718 | 2,945 |
OPM % | 13% | 16% | 21% | 20% | 16% | 18% | 20% | 25% | 25% | 24% | 20% | 18% | 20% |
24 | 65 | 28 | 73 | 115 | 78 | 152 | 66 | 116 | 75 | 83 | 133 | 137 | |
Interest | 96 | 138 | 130 | 102 | 124 | 198 | 201 | 134 | 116 | 205 | 302 | 376 | 359 |
Depreciation | 225 | 245 | 275 | 283 | 316 | 358 | 389 | 453 | 517 | 575 | 673 | 772 | 787 |
Profit before tax | 208 | 399 | 585 | 657 | 582 | 818 | 1,018 | 1,612 | 2,586 | 2,824 | 1,692 | 1,704 | 1,936 |
Tax % | 22% | 24% | 27% | 22% | 21% | 22% | -0% | 26% | 27% | 23% | 21% | 27% | |
162 | 303 | 430 | 515 | 462 | 642 | 1,019 | 1,198 | 1,889 | 2,162 | 1,336 | 1,251 | 1,431 | |
EPS in Rs | 5.66 | 10.55 | 14.97 | 17.94 | 16.08 | 22.33 | 35.46 | 40.44 | 63.72 | 72.95 | 45.06 | 42.20 | 48.26 |
Dividend Payout % | 36% | 19% | 14% | 14% | 15% | 11% | 8% | 12% | 26% | 10% | 16% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 15% |
3 Years: | 6% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 4% |
3 Years: | -13% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 29% |
3 Years: | 4% |
1 Year: | 24% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 17% |
3 Years: | 15% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 58 | 58 | 58 | 58 | 58 | 58 | 58 | 60 | 297 | 297 | 297 | 297 |
Reserves | 2,008 | 2,238 | 2,705 | 3,124 | 3,506 | 4,071 | 4,875 | 6,796 | 8,268 | 10,030 | 11,182 | 12,329 |
2,175 | 2,435 | 2,515 | 2,396 | 3,142 | 3,730 | 4,135 | 3,469 | 3,655 | 4,478 | 5,031 | 4,726 | |
1,227 | 1,152 | 1,146 | 1,389 | 1,657 | 2,028 | 1,795 | 2,586 | 3,544 | 3,931 | 3,945 | 4,169 | |
Total Liabilities | 5,469 | 5,883 | 6,424 | 6,968 | 8,363 | 9,888 | 10,862 | 12,911 | 15,765 | 18,736 | 20,454 | 21,521 |
3,551 | 3,922 | 4,113 | 4,405 | 5,122 | 5,609 | 6,368 | 7,827 | 8,425 | 10,050 | 13,242 | 13,720 | |
CWIP | 112 | 104 | 117 | 259 | 559 | 754 | 1,393 | 772 | 1,672 | 2,406 | 805 | 811 |
Investments | 37 | 94 | 165 | 196 | 122 | 101 | 203 | 417 | 321 | 494 | 527 | 827 |
1,769 | 1,762 | 2,029 | 2,109 | 2,561 | 3,424 | 2,899 | 3,895 | 5,347 | 5,786 | 5,881 | 6,163 | |
Total Assets | 5,469 | 5,883 | 6,424 | 6,968 | 8,363 | 9,888 | 10,862 | 12,911 | 15,765 | 18,736 | 20,454 | 21,521 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
347 | 542 | 1,090 | 645 | 678 | 896 | 1,304 | 1,772 | 2,106 | 2,902 | 2,094 | 2,487 | |
-657 | -500 | -667 | -613 | -1,174 | -1,039 | -1,179 | -1,499 | -1,586 | -2,964 | -2,231 | -1,482 | |
205 | -18 | -182 | -284 | 495 | 246 | -199 | -251 | -207 | 220 | -72 | -1,071 | |
Net Cash Flow | -106 | 24 | 241 | -252 | -1 | 103 | -73 | 22 | 312 | 158 | -209 | -65 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 63 | 49 | 41 | 50 | 44 | 53 | 45 | 55 | 53 | 44 | 54 | 54 |
Inventory Days | 114 | 110 | 105 | 126 | 115 | 113 | 119 | 133 | 129 | 112 | 127 | 111 |
Days Payable | 120 | 83 | 112 | 122 | 126 | 127 | 110 | 144 | 126 | 110 | 120 | 111 |
Cash Conversion Cycle | 56 | 75 | 34 | 54 | 34 | 38 | 54 | 45 | 55 | 46 | 61 | 55 |
Working Capital Days | 19 | 10 | 1 | -15 | -21 | -17 | -37 | -14 | 1 | -6 | -18 | -9 |
ROCE % | 8% | 11% | 14% | 14% | 11% | 14% | 14% | 18% | 24% | 22% | 13% | 12% |
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
1 Oct - Commissioner of Customs imposed ADD on AA HTPY 900D; demand Rs.3.04 Cr and penalties totaling Rs.4.20 Cr (01.10.2025).
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Closure of Trading Window
30 Sep - Trading window closed Oct 1, 2025 until 48 hours after unaudited results for quarter/half ended 30.09.2025.
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Closure of Trading Window
30 Sep - Trading window closed from 1 Oct 2025 until 48 hours after unaudited Q2/H1 results; board meeting date to follow.
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Intimation Of Receipt Of Nocs From National Stock Exchange Of India Limited And BSE Ltd
For Application For Reclassification Of Person Forming Part Of The Promoter Group Category To Public
Category Shareholder Of The Company Pursuant To Regulation 31A Of Securities And Exchange Board
Of India (LODR) Regulations, 2015 ('SEBI LODR
Regulations')
27 Sep - NOCs from BSE/NSE (26 Sep 2025) reclassify SMK Wellness Private Limited from promoter group to public.
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Announcement under Regulation 30 (LODR)-Change in Management
15 Sep - Varun Kapoor resigned as VP - Strategy and New Initiatives, effective COB September 15, 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Concalls
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Sep 2025TranscriptPPTREC
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Oct 2024Transcript PPT REC
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Oct 2021TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
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Feb 2016TranscriptNotesPPT
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Nov 2015TranscriptNotesPPT
Business Segments