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.

SRF Limited , a multi-business chemical conglomerate, has announced significant investments in new manufacturing facilities while reporting robust financial results for the first quarter of fiscal year 2026.

Major Investments in New Facilities

The company's board has approved two major investments totaling ₹740 crores:

1. A ₹250 crore investment to establish an agrochemicals production facility in Dahej, Gujarat. This project is expected to be completed within 18 months.
2. A ₹490 crore investment to set up a 60,000 MTPA BOPP (Biaxially Oriented Polypropylene) film manufacturing facility in Indore, Madhya Pradesh. This facility is slated for completion in 24 months.

These investments underscore SRF's commitment to expanding its production capabilities and meeting growing customer demand across its business segments.

Strong Q1 FY26 Financial Performance

SRF Limited has reported impressive financial results for Q1 FY26:

The company's performance was primarily driven by its Chemicals Business, which saw a 24% increase in revenue, rising from ₹1,482 crore to ₹1,839 crore year-on-year. The operating profit of this segment surged by 64%.

Segment-wise Performance

Chemicals Business

Witnessed strong demand for key agrochemical intermediates and robust performance in export markets.

Fluorochemicals Business

Delivered solid results, driven by higher refrigerant gas pricing and enhanced exports.

Performance Films & Foil Business

Achieved its highest-ever packed production, reflecting improved operational efficiency.

Technical Textiles Business

Faced challenges with decreased domestic demand for Nylon Tyre Cord Fabric and pricing pressures in Belting Fabrics due to Chinese competition.

Management Commentary

Ashish Bharat Ram, Chairman and Managing Director of SRF Limited, expressed cautious optimism about the company's outlook for the remainder of the year. He stated, "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."

Dividend Declaration

The Board of Directors has declared a first interim dividend of ₹4 per share for FY 2025-26, amounting to a total payout of ₹118.57 crores.

Innovation and Intellectual Property

As of June 30, 2025, SRF has applied for a total of 494 patents globally, with 153 patents granted to date, highlighting the company's continued focus on innovation and R&D.

SRF Limited's strategic investments, strong financial performance, and ongoing focus on innovation position the company well for sustained growth in the chemical and industrial intermediates sector.