Chemicals · NIFTY 500
SRF Limited
NSESRF
BSE503806 ISININE647A01010 SeriesEQ Listed on NSE · BSE
₹2,475.00 -1.90 (-0.08%) Updated 13 Nov, 8:19 pm IST
Price, daily close-16.36% in a year
Today
- Open
- ₹2,477.70
- Prev close
- ₹2,476.90
- Day high
- ₹2,486.90
- Day low
- ₹2,444.50
- Volume
- 2.07 L
- Value traded
- ₹51.01 Cr
- Upper circuit
- ₹2,542.90
- Lower circuit
- ₹2,394.90
- 52W high
- ₹3,143.00
- 52W low
- ₹2,178.30
- 1 month
- -1.00%
- 6 months
- -12.08%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹73,364 Cr
P/E (TTM)32.14
P/B4.79
Book value / share₹516.30
EPS (TTM)₹77.01
ROE3.3%
Dividend yield0.40%
Dividend (12m)₹10.00 / share
Net margin (TTM)2.8%
Operating margin19.3%
Debt / equity0.34
Current ratio1.25
EV / EBITDA20.03
Sales growth (YoY qtr)+34.72%
Profit growth (YoY qtr)—
Sales CAGR 3Y+373.50%
Profit CAGR 3Y—
Shares29.64 Cr
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—+17%-3.0%-1.1%+2.0%+24%-11%-4.7%+2.0%+24%+9.1%-2.6%
Revenue · YoY (vs a year ago)
————+14%+21%+10%+6.3%+6.3%+7.0%+32%+35%
RevenueNet profitLine = trend
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————+7.0%+25%+71%+93%+60%+11%+76%+31%
EPS (₹)Line = trend
| ₹ Cr | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,053 | 3,570 | 3,464 | 3,424 | 3,491 | 4,313 | 3,819 | 3,640 | 3,713 | 4,615 | 5,033 | 4,904 |
| Other income | 18.8 | 23.4 | 25.3 | 33.3 | 39.6 | 34.5 | 29.1 | 25.7 | 27.3 | 24.9 | 33.9 | 24.9 |
| Total income | 3,072 | 3,593 | 3,489 | 3,458 | 3,531 | 4,348 | 3,848 | 3,666 | 3,740 | 4,640 | 5,067 | 4,929 |
| Raw material | 1,631 | 1,791 | 1,825 | 1,886 | 1,869 | 1,995 | 1,931 | 1,925 | 1,890 | 2,133 | 2,626 | 2,623 |
| Purchases | 39.3 | 24.4 | 40.1 | 33.9 | 19.6 | 31.2 | 41.0 | 96.0 | 80.1 | 27.3 | 39.4 | 99.7 |
| Employee cost | 244 | 247 | 252 | 253 | 261 | 276 | 277 | 277 | 281 | 313 | 319 | 316 |
| Other expenses | 689 | 794 | 781 | 799 | 805 | 847 | 801 | 820 | 816 | 994 | 1,021 | 1,043 |
| Total expenses | 2,723 | 3,150 | 3,145 | 3,174 | 3,162 | 3,640 | 3,272 | 3,149 | 3,215 | 3,871 | 4,088 | 4,258 |
| Operating profit | 566 | 696 | 603 | 538 | 620 | 957 | 830 | 774 | 707 | 1,014 | 1,237 | 946 |
| OPM % | 18.5% | 19.5% | 17.4% | 15.7% | 17.7% | 22.2% | 21.7% | 21.3% | 19.0% | 22.0% | 24.6% | 19.3% |
| Finance cost | 67.4 | 90.0 | 96.5 | 93.8 | 96.3 | 89.4 | 79.9 | 70.7 | 65.5 | 62.0 | 68.6 | 70.9 |
| Depreciation | 169 | 186 | 188 | 194 | 194 | 195 | 203 | 212 | 217 | 220 | 223 | 229 |
| Exceptional items | — | — | — | — | — | — | — | — | -73.2 | -11.7 | — | — |
| Profit before tax | 348 | 443 | 344 | 284 | 369 | 707 | 576 | 517 | 452 | 757 | 979 | 671 |
| Tax | 94.9 | 21.1 | 91.8 | 82.2 | 97.6 | 181 | 144 | 129 | 19.0 | 175 | 220 | 162 |
| Net profit | 253 | 422 | 252 | 201 | 271 | 526 | 432 | 388 | 433 | 582 | 759 | 509 |
| Profit to shareholders | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
| EPS (₹) | 8.55 | 14.24 | 8.51 | 6.79 | 9.15 | 17.75 | 14.58 | 13.10 | 14.60 | 19.63 | 25.60 | 17.18 |
Profit & loss
Results for each year
8 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY18
FY20
FY21
FY22
FY23
FY24
FY25
FY26
Revenue · YoY (vs a year ago)
——+17%+48%-99%+8,735%+12%+7.4%
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY18 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,685 | 7,209 | 8,400 | 12,434 | 149 | 13,139 | 14,693 | 15,787 |
| Other income | 68.8 | 49.1 | 54.5 | 42.8 | 0.7 | 83.0 | 133 | 107 |
| Total expenses | 5,172 | 6,344 | 6,842 | 9,891 | 121 | 11,529 | 13,122 | 13,507 |
| Employee cost | 474 | 542 | 621 | 780 | 8.1 | 935 | 1,042 | 1,148 |
| Operating profit | 953 | 1,455 | 2,145 | 3,176 | 35.3 | 2,584 | 2,718 | 3,325 |
| OPM % | 16.8% | 20.2% | 25.5% | 25.5% | 23.7% | 19.7% | 18.5% | 21.1% |
| Finance cost | 124 | 201 | 134 | 116 | 2.0 | 302 | 376 | 278 |
| Depreciation | 316 | 389 | 453 | 517 | 5.8 | 673 | 772 | 852 |
| Profit before tax | 582 | 915 | 1,613 | 2,586 | 28.2 | 1,692 | 1,704 | 2,302 |
| Tax | 120 | -1.2 | 414 | 697 | 6.6 | 357 | 453 | 466 |
| Tax rate % | 20.6% | -0.1% | 25.7% | 26.9% | 23.4% | 21.1% | 26.6% | 20.3% |
| Net profit | 462 | 1,019 | 1,198 | 1,889 | 21.6 | 1,336 | 1,251 | 1,835 |
| Profit to shareholders | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| EPS (₹) | 80.41 | 177.29 | 205.54 | 63.75 | 72.95 | 45.06 | 42.40 | 61.91 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 23
Mar 24
Mar 25
Mar 26
Sep 26
Shareholders' equity · YoY (vs a year ago)
—+11,015%+10.0%+11%—
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Sep 26 |
|---|---|---|---|---|---|
| Shareholders' equity | 103 | 11,479 | 12,626 | 14,043 | 15,304 |
| Long-term borrowings | 23.1 | 2,251 | 1,981 | 1,953 | 2,254 |
| Short-term borrowings | 20.4 | 2,669 | 2,660 | 3,051 | 2,951 |
| Total borrowings | 43.5 | 4,920 | 4,641 | 5,004 | 5,205 |
| Current liabilities | 49.2 | 5,481 | 5,430 | 6,523 | 6,551 |
| Fixed assets (PPE) | 99.4 | 13,122 | 13,607 | 13,820 | 14,439 |
| Inventories | 22.7 | 2,326 | 2,349 | 2,789 | 3,379 |
| Trade receivables | 17.9 | 1,943 | 2,169 | 2,562 | 3,161 |
| Cash & equivalents | 6.1 | 399 | 334 | 590 | 398 |
| Current assets | 57.7 | 5,649 | 6,130 | 7,198 | 8,215 |
| Total assets | 188 | 20,482 | 21,557 | 24,147 | 25,837 |
| Debt / equity | 0.42 | 0.43 | 0.37 | 0.36 | 0.34 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY22
FY23
FY24
FY25
FY26
Operations · YoY (vs a year ago)
—-99%+7,116%+19%+2.7%
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 2,106 | 29.0 | 2,094 | 2,487 | 2,554 |
| Cash from investing | -1,588 | -29.6 | -2,227 | -1,484 | -1,598 |
| Cash from financing | -207 | 2.2 | -71.7 | -1,071 | -708 |
| Spent on fixed assets | -1,832 | -28.7 | -2,217 | -1,231 | -1,815 |
| Free cash flow | 274 | 0.4 | -123 | 1,256 | 738 |
| Net cash flow | 311 | 1.6 | -205 | -67.0 | 247 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
50.3%promoter
- Promoter & group
- 50.26%
- Public (FIIs, mutual funds, retail…)
- 49.74%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Interim Dividend - Rs 5 Per Share
- Interim Dividend - Rs 5 Per Share
- Interim Dividend - Rs 4 Per Sh
- Interim Dividend - Rs 3.6 Per Sh
- Interim Dividend - Rs 3.60 Per Share
- Interim Dividend - Rs 3.60 Per Share
- Interim Dividend - Rs 3.60 Per Share
- Interim Dividend - Rs 3.60 Per Share
Board meetings
- SRF Limited has informed the Exchange about Board Meeting to be held on 21-Oct-2026 to inter-alia consider and approve the Unaudited Financial result…
- the financial results for the period ended September 30, 2026
- the Quarterly Unaudited Financial results of the Company for the period ended June 2026 and Dividend/Fund raising.
- the financial results for the period ended Jun 30, 2026, dividend and Fund Raising
- the Yearly Audited Financial results of the Company for the period ended March 2026 and Dividend.
Filings with NSE
- General Updates
- Action(s) taken or orders passed
- Analysts/Institutional Investor Meet/Con. Call Updates
- Copy of Newspaper Publication
- Analysts/Institutional Investor Meet/Con. Call Updates
- Copy of Newspaper Publication
- Investor Presentation
Latest news
SRF Outlook for the WeekEquitypandit · 8 Nov, 1:30 pmSRF extends slide to 5th day, falls 5% to hit 52-wk low on Q2 margin missBusiness Standard · 22 Oct, 12:30 pmSRF Q2 Results: Stock tanks 6% on weak operating performance; To set up Aluminium foil making unitCNBC TV18 · 21 Oct, 12:30 pmSRF Shares Fall 2.02% to Rs 2,577 Amidst Bearish Sentiment; Financial Performance Shows Mixed TrendsMoneycontrol.com · 19 Aug, 12:30 pmSRF Share Price Target 2027: 18.5% Upside to Rs 2,912, Bull Case Rs 3,520Univest · 6 Nov, 7:20 pmKAMA Realty completes ₹809.6 crore SRF stake acquisition in final tranchescanx.trade · 19 Sep, 2:59 pmSRF (NSEI:SRF) Stock Forecast & Analyst PredictionsSimply Wall St · 28 Oct, 12:30 pmSRF Shares: 5 Reasons Why Motilal Oswal Is Bullish on This Chemical Stock By Trade BrainsInvesting.com India · 25 Jun, 12:30 pmAbout
About SRF Limited
SRF Limited is an Indian multi-business chemicals conglomerate engaged in the manufacturing of industrial and specialty intermediates. The company’s business portfolio covers fluorochemicals, specialty chemicals, packaging films, technical textiles, coated and laminated fabrics. It has a workforce of more than 8,000 employees across eleven manufacturing plants in India Thailand, South Africa and Hungary. The company exports to more than 90 countries.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- SRF Limited
- NSE symbol
- SRF
- BSE scrip code
- 503806
- ISIN
- INE647A01010
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 18 Aug 2003
- Face value
- ₹10 per share
- Market lot
- 1 share
- Shares issued
- 29.64 crore
- Index
- NIFTY 500
- Sector (NSE)
- Chemicals
- Industry
- Industrial Specialties
- Managing director / CEO
- Ashish Bharat Ram
- Chair
- Ashish Bharat Ram
- Headquarters
- Gurugram, Haryana, India
- Registered address
- Block - C, Sector - 45, Gurugram, Haryana, India - 122 003
- Founded
- 1970
- Employees
- 14,068
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- srf.com
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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.