SRF Limited , a multi-business chemical conglomerate, has announced a series of significant developments, including a dividend declaration, robust financial results for Q1FY26, and substantial expansion plans. The company's board of directors approved these measures at a meeting held on July 23, 2025.

Interim Dividend Declaration

SRF Limited has declared an interim dividend of 40% (Rs. 4 per share) for the financial year 2025-26. The record date for this dividend is set for July 29, 2025, with the payment to be made by August 19, 2025. This move signals the company's commitment to delivering value to its shareholders.

Strong Q1FY26 Financial Performance

The company reported impressive consolidated financial results for the first quarter of FY2026:

The Chemicals Business emerged as a key driver of growth:

• Revenue increased by 24% to Rs. 1,839 crore
• Operating profit surged by 64% to Rs. 503 crore

The Performance Films & Foil Business also showed strong performance:

• Revenue grew by 6% to Rs. 1,418 crore
• Operating profit rose by 62% to Rs. 140 crore

Expansion Plans

SRF Limited has approved a significant capital expenditure project:

BOPP Film Manufacturing Facility

• Investment: Rs. 490 crore
• Location: Indore, Madhya Pradesh
• Capacity Addition: 60,000 MTPA (Metric Tonnes Per Annum)
• Current Capacity: 110,000 MTPA
• Timeline: To be completed within 24 months

The project will be financed through a mix of debt and internal accruals.

Segment-wise Performance

Chemicals Business

• Witnessed demand uptick for key agrochemical intermediates
• Strategic pricing initiatives and strong export market performance contributed to revenue growth

Performance Films & Foil Business

• Achieved highest-ever packed production
• Focused on profitability through new Value-Added Products (VAPs)

SRF Limited's strong financial performance, strategic expansion plans, and focus on innovation position it well for continued growth in the chemical and industrial intermediates sector. The company's diversified business portfolio and robust capital expenditure plans demonstrate its resilience and adaptability in the face of global economic uncertainties.

SRF Limited , a leading multi-business chemical company, has announced robust financial results for the first quarter, along with significant expansion plans and an interim dividend declaration.

Strong Financial Performance

SRF Limited reported impressive consolidated financial results for Q1:

• Consolidated revenue increased by 10% to Rs. 3,819.00 crore, up from Rs. 3,464.00 crore in the same quarter last year.
• Earnings before Interest and Tax (EBIT) surged by 43% to Rs. 694.00 crore, compared to Rs. 484.00 crore in the corresponding quarter.
• Profit after Tax (PAT) witnessed a substantial growth of 71%, reaching Rs. 432.00 crore, up from Rs. 252.00 crore in the corresponding period last year.

Segment-wise Performance

The company's growth was primarily driven by its Chemicals Business and Performance Films & Foil Business:

• Chemicals Business revenue increased by 24% to Rs. 1,839.00 crore, with operating profit up 64% to Rs. 503.00 crore.
• Performance Films & Foil Business revenue grew by 6% to Rs. 1,418.00 crore, with operating profit increasing 62% to Rs. 140.00 crore.
• Technical Textiles Business revenue decreased by 11% to Rs. 467.00 crore, with operating profit down 44% to Rs. 38.00 crore.

Expansion Plans

The Board of Directors has approved two significant capital expenditure proposals:

1. A Rs. 490.00 crore investment to establish a new BOPP Film manufacturing facility in Indore, Madhya Pradesh. This project will add 60,000 MTPA capacity to the existing 110,000 MTPA, to be completed within 24 months.

2. A Rs. 250.00 crore investment to set up a production facility for agrochemicals in Dahej, Gujarat, with an expected completion time of 18 months.

Interim Dividend Declaration

SRF Limited's Board of Directors has declared an interim dividend of 40% (Rs. 4.00 per share). The record date for the dividend is set for July 29, with payment to be made by August 19.

Management Commentary

Ashish Bharat Ram, Chairman and Managing Director of SRF Limited, commented on the results: "In spite of a weak summer and prevailing global uncertainties, we have had a good start to the year. We remain cautiously optimistic for the rest of the year. Our capital expenditure plans continue to be robust, as reflected in the latest announcements."

Other Highlights

• The company's commercial paper program has been rated CRISIL A1+ by CRISIL and IND A1+ by India Ratings.
• SRF Limited has applied for a total of 494 patents, with 153 patents granted globally to date.
• The company received the ZERO PPM Award from Toyota Kirloskar Motor Pvt Ltd for quality and defect-free performance in its Fluorochemicals Business.

SRF Limited continues to demonstrate strong financial performance and strategic growth initiatives, positioning itself for sustained success in the chemical industry.