SRF
2,713.70
-22.20(-0.81%)
Market Cap₹80,440.80 Cr
PE Ratio45.55
IndustryChemicals
Company Performance:
1D-0.81%
1M-12.22%
6M-13.48%
1Y+7.55%
5Y+151.02%
View Company Insightsright
More news about SRF
21Jan 26
Morgan Stanley Sets Underweight Rating on SRF with ₹2,177 Target Price
Morgan Stanley has assigned an underweight rating to SRF Limited with a target price of ₹2,177.00 per share. The underweight recommendation indicates the brokerage's cautious outlook on the chemical company's stock performance, suggesting expectations of underperformance relative to broader market indices.
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21Jan 26
Nuvama Maintains Buy Rating on SRF, Revises Target Price to ₹3,584
Nuvama Securities has maintained its Buy rating on SRF while revising the target price to ₹3,584.00 from ₹3,841.00. The brokerage continues to view the stock positively despite the downward price adjustment, indicating sustained confidence in the company's investment potential.
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21Jan 26
Jefferies Issues Underperform Rating on SRF with ₹2,640 Target Price
Jefferies has assigned an underperform rating to SRF with a target price of ₹2,640.00 per share. The rating reflects the brokerage's cautious outlook on the specialty chemicals manufacturer's near-term stock performance. This assessment suggests Jefferies expects SRF shares to underperform relative to market or sector expectations.
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21Jan 26
Citi Maintains 'Sell' Rating on SRF, Reduces Target Price to ₹2,575
Citi Research has maintained its 'Sell' rating on SRF while reducing the target price to ₹2,575. The brokerage's decision to cut the target price while keeping the negative rating intact reflects continued concerns about the specialty chemicals company's performance outlook.
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20Jan 26
SRF Limited Re-appoints Pramod Gujarathi as Director (Safety & Environment) for Three-Year Term
SRF Limited's Board of Directors has approved the re-appointment of Mr. Pramod Gopaldas Gujarathi as Director (Safety & Environment) & Occupier for a three-year term from April 1, 2026, to March 31, 2029. The 73-year-old executive brings 47 years of experience in production, engineering, safety, environment, QA and R&D, including 18 years as Director & Site Manager with Bayer Group. The re-appointment, approved on January 20, 2026, following Nomination and Remuneration Committee recommendations, is subject to shareholder approval at the upcoming Annual General Meeting.
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20Jan 26
SRF Limited Re-appoints Kartik Bharat Ram as Joint Managing Director for Five-Year Term
SRF Limited's board of directors re-appointed Kartik Bharat Ram as Joint Managing Director for a five-year term from June 1, 2026, to March 31, 2031, subject to shareholder approval. The 54-year-old executive brings over three decades of experience and currently serves on boards of KAMA Holdings Limited and Kalyani Steels Limited. He is the brother of Chairman & Managing Director Ashish Bharat Ram and focuses on performance-based culture, sustainability initiatives, and corporate transformation.
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20Jan 26
SRF Limited Appoints Samir Kashyap as President & Chief Financial Officer Effective January 27, 2026
SRF Limited announced the appointment of Mr. Samir Kashyap as President & Chief Financial Officer (Key Managerial Personnel) effective January 27, 2026. The Board of Directors approved the appointment on January 20, 2026, based on recommendations from the Nomination and Remuneration Committee and Audit Committee. Kashyap brings over 30 years of experience, including two decades as CFO at organizations like Meta, SAP, and Genpact LLC, with expertise in finance, digital transformation, M&A integration, and stakeholder management.
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20Jan 26
SRF Approves New Pharmaceutical Intermediates Plant in Dahej with ₹180 Crore Investment
SRF Limited has approved establishment of a new pharmaceutical intermediates manufacturing plant in Dahej, Gujarat, with an investment of ₹180.00 crores. This strategic expansion marks the company's entry into the pharmaceutical intermediates sector, diversifying beyond traditional chemical products. The Dahej facility will manufacture pharmaceutical intermediates, essential components for active pharmaceutical ingredients and finished drug products.
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20Jan 26
SRF Limited Announces Second Interim Dividend of ₹5.00 Per Share for FY26
SRF Limited has declared a second interim dividend of ₹5.00 per share (50%) for FY26, approved by the Board of Directors on January 20, 2026. The record date is set for January 27, 2026, with payment scheduled on or before February 17, 2026. Eligible shareholders include those whose names appear on the register of members and beneficial owners as per depository records on the record date.
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20Jan 26
SRF Reports 58.7% Jump in Q3 Consolidated Net Profit to ₹4.30 Billion
SRF Limited reported consolidated net profit of ₹4.30 billion for Q3, representing a remarkable 58.7% year-on-year increase from ₹2.71 billion in the corresponding quarter last year. The company's performance exceeded analyst expectations of ₹3.81 billion by 12.9%, demonstrating strong operational execution and market positioning during the quarter.
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13Jan 26
SRF Limited Schedules Board Meeting on January 20, 2026 for Q3FY26 Results and Interim Dividend Consideration
SRF Limited has scheduled a board meeting for January 20, 2026, to discuss unaudited financial results for the quarter and nine months ended December 31, 2025, and consider a second interim dividend proposal for FY2025-26. The company has implemented a trading window closure from January 1-22, 2026, for designated persons and directors in compliance with SEBI insider trading regulations.
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07Jan 26
SRF Ltd Records ₹15.47 Crore Block Trade on NSE at ₹3090.80 Per Share
SRF Ltd recorded a significant block trade on NSE worth ₹15.47 crores involving approximately 50,063 shares at ₹3090.80 per share. The transaction demonstrates substantial institutional investor activity and reflects market interest in the chemical company's stock at the executed price level.
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30Dec 25
SRF Limited Receives ₹15.76 Crore CGST Demand Notice for Input Tax Credit Reversal
SRF Limited faces a ₹15.76 crore CGST demand from Dehradun authorities for Input Tax Credit reversal on two grounds - slump sale reported as exempted supply and supplier non-compliance in filing returns. The company received the order on December 29 and plans to contest it legally, with management confident the demand lacks legal merit and expecting no material impact on operations.
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26Dec 25
India Imposes Anti-Dumping Duties on Chinese Steel and R134A Refrigerant Imports
India has implemented comprehensive anti-dumping duties on multiple Chinese products including R134A refrigerant gas (up to $5,251 per tonne) and cold-rolled electrical steel ($223-415 per tonne) for five years. The measures, recommended by DGTR after investigations, aim to protect domestic manufacturers from unfairly priced imports and create level playing field under WTO framework.
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16Dec 25
SRF Limited Receives Favorable Tax Litigation Update Worth ₹99 Crores
SRF Limited has disclosed a positive litigation update that could reduce its tax liability by approximately ₹99.00 crores. The case, heard at the Income Tax Appellate Tribunal (ITAT), involves a dispute with the Assistant Commissioner of Income Tax regarding the treatment of Carbon Emission Reduction Certificates as capital receipts for assessment years 2011-12 and 2013-14. This development was announced in compliance with SEBI regulations.
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11Nov 25
SRF's CO Exports Surge 68% Year-Over-Year in October 2025
SRF Limited, a multi-business chemical conglomerate, announced a 68% year-over-year increase in Carbon Monoxide (CO) exports for October 2025. This significant growth in CO exports indicates SRF's strengthening position in the global chemical market. The increase may signal expanded production capacity, improved global market share, enhanced operational efficiency, and growing international demand for SRF's CO.
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07Nov 25
SRF Ltd. Sets ₹1,000-1,200 Crore EBITDA Target for Performance Films Business Demerger
SRF Ltd. is contemplating the demerger of its performance films and foils business once it reaches an annual EBITDA of ₹1,000-1,200 crore. The company operates in three main verticals: Chemicals, Performance Films, and Technical Textiles. The performance films and foils business reported an EBIT of ₹356 crore for the full financial year and ₹259 crore for the first half. SRF's management is evaluating the trade-off between immediate value clarity from separation and potential higher returns through internal capital redeployment. SRF shares closed at ₹2,897, down 1.5%, but have gained 31% year-to-date.
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03Nov 25
Kotak Mahindra Mutual Fund Surpasses 5% Stake in SRF Limited
Kotak Mahindra Mutual Fund has increased its stake in SRF Limited from 4.99% to 5.01% through open market purchases. The fund acquired 39,331 additional shares, bringing its total holding to 14,853,579 shares. This acquisition crosses the 5% regulatory disclosure threshold, triggering certain reporting requirements. SRF Limited has a total equity share capital of 29,64,24,825 shares with a face value of Rs. 10 each.
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29Oct 25
SRF's Chemicals Division Targets Over 20% Growth for FY26, Anticipates Improved Pricing
SRF Limited anticipates growth exceeding 20% for its Chemicals Division in FY26, driven by expected stable or improved pricing for refrigerant gases and higher volumes in the second half of the year. The company's Chemicals Business showed strong performance in Q2 FY26 with revenue of ₹1,666.90 Cr and EBIT of ₹481.30 Cr, marking a 22.80% increase in revenue and 95.50% growth in EBIT year-on-year. SRF's strategy focuses on expanding production capacity, maintaining pricing power, and emphasizing high-value products in the refrigerant gases segment.
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27Oct 25
SRF Secures ₹496 Crore ECLGS Approval for Madhya Pradesh Investment
SRF Limited has received approval under the Emergency Credit Line Guarantee Scheme (ECLGS) for a ₹496 crore investment in Madhya Pradesh. The investment is expected to generate a production value of ₹1,311 crore and create 225 new jobs. This expansion aligns with SRF's growth strategy and aims to enhance its manufacturing capabilities in the chemical sector.
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27Oct 25
SRF Limited's CFO to Step Down as Q2 EBITDA Rises 42% YoY
SRF Limited reported a 42.28% YoY increase in Q2 EBITDA to ₹774.00 crore, with EBITDA margin rising to 21.27%. The Chemicals Business saw revenue growth of 23% and operating profit surge of 96%. However, Technical Textiles Business faced challenges with revenue and profit declines. The company entered a strategic collaboration with The Chemours Company for fluoropolymers and fluoroelastomers. CFO Rahul Jain will step down on December 12, 2025. The Board approved an increase in capital expenditure from ₹595.00 crore to ₹745.00 crore for ongoing projects.
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27Oct 25
SRF's Q2 Performance: Revenue Grows, Profit Doubles Despite Missing Estimates
SRF Limited's Q2 financial results show a 6.4% year-over-year revenue increase to ₹3,640.00 crore, falling short of the estimated ₹3,852.00 crore. However, the company's net profit nearly doubled to ₹390.00 crore, marking a 95% increase from the previous year. Despite this significant profit growth, it still fell 14.1% below market expectations of ₹454.00 crore. The results indicate improved profitability but challenges in meeting anticipated growth rates.
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01Oct 25
SRF Limited Faces Rs. 4.20 Crore Anti-Dumping Duty and Penalty, Plans Legal Challenge
SRF Limited faces an anti-dumping duty order and penalties totaling Rs. 4.20 crore from the Commissioner of Customs, Chennai-II, for importing Adhesive Activated High Tenacity Polyester Yarn. The order includes Rs. 3.04 crore in anti-dumping duty and Rs. 1.16 crore in additional penalties. SRF disputes the classification, claiming the yarn should be duty-free. The company plans to contest the order in legal forums. SRF has disclosed this development to stock exchanges and announced a trading window closure from October 1, 2025, until 48 hours after the Q2 FY2026 results declaration.
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29Sept 25
SRF Impacted as DGTR Imposes Anti-Dumping Duty on Chinese R-134A Imports and Initiates Probe on Belting Fabric
The Directorate General of Trade Remedies (DGTR) in India has imposed anti-dumping duties on R-134A refrigerant imports from China, potentially benefiting domestic producers like SRF Limited. This move could increase SRF's market share, enhance pricing power, and necessitate production ramp-up. The decision aims to support domestic manufacturers and address unfair trade practices. Additionally, DGTR has initiated an anti-dumping investigation into polyester or nylon belting fabric imports from China, which may also involve SRF.
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25Sept 25
DGTR Initiates Anti-Dumping Probes on Chinese HFC Imports, SRF in Focus
The Directorate General of Trade Remedies (DGTR) has initiated two anti-dumping investigations concerning hydrofluorocarbon (HFC) imports from China. The first probe focuses on R-125 HFC imports, while the second is a sunset review of existing duties on HFC R-32 imports. These investigations could significantly impact SRF Limited, a major player in India's chemical industry, particularly in the fluorochemicals and refrigerants sector. The outcomes may lead to the imposition or continuation of anti-dumping duties on Chinese HFC imports, potentially leveling the playing field for domestic manufacturers.
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12Sept 25
SRF Limited Inks Rs 282 Crore Land Deal with Tata Steel SEZ for Chemical Business Expansion
SRF Limited has entered into a Memorandum of Understanding with Tata Steel Special Economic Zone Limited to acquire land in Gopalpur, Orissa, for approximately Rs 282 crore. The land will be used to set up various projects for SRF's Chemicals Business. The acquisition will be through a sub-lease arrangement, subject to due diligence and payment obligations. This move signifies SRF's expansion plans in its chemicals segment.
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05Sept 25
SRF Limited Releases Transcript of Refrigerant Segment Investor Conference Call
SRF Limited, a diversified chemical company, has published the transcript of an investor conference call held on August 29, 2025, focusing on updates about its Refrigerant Segment. The full transcript is available on the company's website. In compliance with regulations, SRF has submitted the transcript to BSE Limited and the National Stock Exchange of India Limited on September 5, 2025. The company, based in Delhi with a corporate office in Gurugram, operates under the Corporate Identity Number L181010L1970PLC005197.
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02Sept 25
SRF Gains Breathing Room as Export Obligation Period for QCO Products Extended
SRF has received an extension on the export obligation period for Quality Control Order (QCO) products from 6 months to 18 months. This extension provides SRF with increased flexibility in managing production and export schedules, mitigates risks associated with short-term market fluctuations, allows for more strategic planning of export activities, and enables better management of compliance requirements for QCO products. The extension is likely part of broader measures to support Indian chemical exporters in navigating global market challenges.
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01Sept 25
SRF Discusses Kigali Amendment's Impact on Refrigerant Gas Regulations
SRF's Fluorochemicals Business President and CEO, Prashant Yadav, led a conference call on the regulatory landscape for refrigerant gases under the 2016 Kigali Amendment. The US and China have implemented quota systems, while India is still determining its baseline. Quotas will be based on consumption and production. The Global Warming Potential allowance calculation for Article A5 countries includes HFC plus 65% of the HCFC baseline. China requires plants to be commissioned before December 2019 for quota eligibility, while India will provide pro-rated allocations for plants established during the baseline period. Globally, no new HFC plants can be commissioned after December 2026. SRF's current market price is ₹2,897.20, with a target price of ₹3,250.00.
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20Aug 25
SRF Ltd. Inks Strategic Partnership with Chemours for Advanced Fluoropolymer Production
SRF Limited has formed a strategic partnership with The Chemours Company to manufacture advanced fluoropolymers and fluoroelastomers at its Dahej facility. The multi-year agreement aims to serve global markets across various industries. Production is expected to start within 12 months, utilizing SRF's existing PTFE facility. The collaboration requires no upfront capital from Chemours and is anticipated to generate revenue for SRF starting in fiscal 2027. This partnership is expected to enhance SRF's manufacturing capabilities through technology transfer from Chemours and expand its market reach.
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19Aug 25
SRF and Chemours Forge Strategic Alliance to Meet Indian Market Demands by 2026
SRF Limited, a multi-business chemical conglomerate, has formed a strategic partnership with The Chemours Company to address key market demands in India by 2026. The collaboration aims to leverage both companies' strengths to meet specific requirements in India's chemical sector. While details remain undisclosed, the long-term alliance suggests a commitment to developing sustainable solutions for the growing Indian chemical industry. This partnership could potentially strengthen SRF's position in the market, providing access to advanced technologies and expertise.
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28Jul 25
SRF Seeks Reclassification of SMK Wellness from Promoter Group to Public Category
SRF Limited has applied to BSE and NSE for the reclassification of SMK Wellness Private Limited from 'Promoter Group' to 'Public' shareholder category. SMK Wellness currently holds no equity shares in SRF. This move complies with SEBI regulations and could impact SRF's shareholding structure and market perception.
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28Jul 25
SRF Among 12 Companies Declaring Dividends: Ex-Dividend Date Set, Seeks Reclassification of SMK Wellness
SRF Limited declares an interim dividend of Rs 4.00 per share, along with 11 other companies announcing their dividend details. Notable declarations include Apar Industries (Rs 51.00), Alembic Pharmaceuticals (Rs 11.00), Bosch Ltd (Rs 512.00), and Punjab & Sind Bank (Rs 0.07). Investors must purchase shares before the record date to be eligible for dividends under India's T+1 settlement cycle. Separately, SRF has applied for reclassification of SMK Wellness from Promoter Group to Public shareholder category.
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25Jul 25
SRF Sets Ambitious ROCE Targets for Chemicals and Packaging Films Segments
SRF Limited announced ROCE targets for its business segments during a conference call update. The chemicals business aims for ROCE margins above 25%, while the packaging films segment targets a margin 200 basis points lower. Q1 FY26 results show strong performance with 10.20% year-on-year revenue growth and 71.40% increase in Profit After Tax. The chemicals business contributed 48.20% to total revenue and 72.40% to EBIT in Q1 FY26.
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25Jul 25
SRF Eyes Stronger FY26 Performance with Stable HFC Prices and PTFE Capacity Targets
SRF Limited anticipates better performance in FY26, expecting stable to higher HFC prices. The company maintains growth targets for its Chemical Division despite strong Q1 results. SRF aims for 75-80% capacity utilization in its PTFE business by FY26 end. Q1 FY26 financials show significant year-on-year improvements: Gross Operating Revenue up 10.20%, EBITDA up 31.60%, and PAT up 71.40%. Segment-wise, Chemicals Business revenue increased 24.10%, Performance Films & Foil Business grew 6.10%, while Technical Textiles Business declined 11.20%. SRF remains optimistic about HFC production, PTFE business, and expects favorable conditions in the BOPP market.
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24Jul 25
SRF Limited Reports 71% Surge in Q1 Profit, Driven by Strong Chemicals Business Performance
SRF Limited's Q1 results show significant growth with profit after tax increasing 71.4% to ₹432.30 crore. Gross operating revenue rose 10.2% to ₹3,818.60 crore, while EBITDA grew 31.6% to ₹850.30 crore. The Chemicals Business segment was the primary driver, with revenue up 24.1% and EBIT increasing 64.1%. The company approved two major capital expenditure projects: a new agrochemical facility in Gujarat and a BOPP line in Indore. An interim dividend of ₹4.00 per share was declared.
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23Jul 25
SRF Limited Declares Rs. 4 Interim Dividend, Reports Strong Q1FY26 Results, and Approves Rs. 490 Crore BOPP Film Facility Expansion
SRF Limited declared an interim dividend of Rs. 4 per share for FY2025-26. The company reported impressive Q1FY26 results with revenue up 10% to Rs. 3,819 crore, EBIT up 43% to Rs. 694 crore, and PAT up 71% to Rs. 432 crore. The Chemicals Business and Performance Films & Foil Business showed significant growth. SRF approved a Rs. 490 crore expansion project for a BOPP Film Manufacturing Facility in Indore, adding 60,000 MTPA capacity.
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23Jul 25
SRF Limited Declares Rs. 4 Interim Dividend, Reports Strong Q1 Results, and Approves Rs. 740 Crore Expansion Plans
SRF Limited reported robust Q1 financial results with consolidated revenue up 10% to Rs. 3,819.00 crore, EBIT up 43% to Rs. 694.00 crore, and PAT up 71% to Rs. 432.00 crore. The Chemicals Business and Performance Films & Foil Business drove growth. The company approved Rs. 490.00 crore for a new BOPP Film facility in Indore and Rs. 250.00 crore for an agrochemicals facility in Dahej. An interim dividend of Rs. 4.00 per share was declared. The company remains cautiously optimistic despite global uncertainties.
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23Jul 25
SRF Limited Announces ₹740 Crore Investment in New Facilities Amid Strong Q1 Performance
SRF Limited has approved investments of ₹740 crores for new manufacturing facilities in Gujarat and Madhya Pradesh. The company reported robust Q1 FY26 results with consolidated revenue of ₹3,818.62 crore, up 10% YoY, and profit after tax of ₹432.32 crore, up 71% YoY. The Chemicals Business was the primary driver, with a 24% revenue increase. The company declared a first interim dividend of ₹4 per share and has applied for 494 patents globally, with 153 granted to date.
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23Jul 25
SRF Reports Strong Q1 FY26 Results, Declares ₹4 Interim Dividend
SRF Limited announced robust Q1 FY26 financial results. Consolidated revenue increased by 10.2% to ₹3,818.62 crore. EBITDA grew 36.6% to ₹858.96 crore, with margin expanding to 22.5%. Net profit surged 71.4% to ₹432.32 crore. The Chemicals Business was the largest contributor with ₹1,838.95 crore revenue. The Board approved an interim dividend of ₹4 per equity share, totaling ₹118.57 crore.
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23Jul 25
SRF Reports Robust Q1 Performance with 71% Surge in Net Profit
SRF Limited's Q1 consolidated net profit rose 71% to ₹432.32 crore, surpassing analyst expectations. Revenue increased 10.2% to ₹3,818.62 crore. The Chemicals Business was the top performer, contributing ₹1,838.95 crore to revenue. The company announced a first interim dividend of ₹4 per share. SRF maintained a healthy debt-to-equity ratio of 0.35 and improved its current ratio to 1.17.
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17Jun 25
SRF Secures ₹852.3 Crore IGST Refund Relief in Favorable Appellate Decision
SRF Limited, a multi-business chemical conglomerate, has received a favorable decision from the Appellate Authority in an Integrated Goods and Services Tax (IGST) refund case. The ruling provides the company with a substantial financial relief of ₹852.30 crore. This decision is expected to positively impact SRF's financial position and may have implications for the chemical and manufacturing sectors.
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11Jun 25
SRF Ltd. Sees Significant Block Trade: 197,020 Shares Change Hands
SRF Ltd., a diversified chemical conglomerate, experienced a significant block trade on the National Stock Exchange. Approximately 197,020 shares were traded at Rs. 3,073.50 per share, totaling Rs. 60.55 crore. The trade suggests potential institutional investor activity or shifts in large stakeholder positions. SRF Ltd. operates in technical textiles, chemicals & polymers, and packaging films sectors.
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14May 25
SRF Ltd. Surpasses Q4 Expectations, Brokerages Raise Target Price
SRF Ltd. reported strong Q4 results with revenue up 21% and net profit increasing 24.6% year-over-year. Jefferies and Citi Research raised target prices due to growth potential in specialty chemicals and strong domestic demand. Management projects 20% growth in specialty chemicals for FY2026. However, Chinese competition poses potential pricing pressure challenges.
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13May 25
SRF Limited Faces Chinese Competition Amid Ambitious Growth Plans
SRF Limited is experiencing pricing pressure from Chinese competitors across its market segments. Despite this challenge, the company has set an optimistic 20% growth target for its chemical business for fiscal year 2026. However, SRF acknowledges a difficult start to the financial year, indicating short-term challenges. The company must balance competitive pressures with its growth aspirations, requiring strategic measures to maintain its market position and achieve its ambitious goals.
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12May 25
SRF Ltd Surpasses Expectations with 25% Profit Surge in Q4 FY25
SRF Limited, a diversified chemicals manufacturer, has announced impressive Q4 FY25 financial results. The company's consolidated revenue grew 21% year-over-year to ₹4,313.00 crore. EBITDA increased by 37.60% to ₹957.00 crore, with the EBITDA margin expanding to 22.20%. Consolidated net profit surged 24.60% to ₹526.00 crore. These results outperformed market expectations across all key metrics, demonstrating SRF's strong market position and operational efficiency.
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10Apr 25
SRF Limited Completes ₹239 Crore Agrochemical Facility in Dahej
SRF Limited has successfully completed and capitalized its new agrochemical intermediate facility in Dahej, Gujarat. The project, initially approved in October 2023 at ₹235 crore, was finalized at ₹239 crore. The facility was commissioned in two phases, with the first phase completed on July 31, 2024, at ₹190 crore, and the entire project finalized on April 10, 2025. This expansion strengthens SRF's position in the specialty chemicals market, particularly in the agrochemical sector, and is expected to increase the company's production capacity and potential market share.
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31Mar 25
SRF Limited Successfully Commissions ₹178 Crore Belting Fabric Expansion Project
SRF Limited has successfully commissioned and capitalized a ₹178 crore capital expenditure project for its belting fabric operations. The project, focused on capacity expansion and modernization, was completed on March 31, 2025. This investment is expected to increase production capacity, improve efficiency, and strengthen SRF's position in the technical textiles market. The company also announced the closure of its trading window from April 1, 2025, until 48 hours after the declaration of Audited Financial Results for the Quarter and Year ended March 31, 2025.
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27Feb 25
SRF Ltd. Witnesses Significant Block Trade Worth Rs. 18.24 Crores on NSE
A block trade of 63,824 shares of SRF Ltd. occurred on the National Stock Exchange at Rs. 2,858.15 per share, totaling Rs. 18.24 crores. This substantial transaction has drawn market attention, potentially indicating moves by large investors. SRF Ltd. is a diversified chemical conglomerate involved in technical textiles, fluorochemicals, specialty chemicals, and packaging films.
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21Feb 25
SRF Limited Completes ₹361 Crore Fluorocarbon Refrigerant Gas Project
SRF Limited has successfully commissioned the final phase of its fluorocarbon refrigerant gas capacity expansion project at a cost of ₹361 crores. The project, completed on February 21, 2025, includes backward integration into a key raw material at their Dahej facility. This follows the initial phase capitalized on December 30, 2023, at ₹317 crores. The expansion is expected to strengthen SRF's position in the specialty chemicals sector and improve operational efficiency.
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