SRF Limited
NSE: SRFINE647A01010·ChemicalsMidcap 150·www.srf.com ↗·Mcap ₹75,295 Cr·Listed 2003
₹2,540.00▲ ₹6.20  (0.24%)
52W: ₹2,355 – ₹3,210 · Vol: 1.1L shares · Close 25 Sept
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Quarterly results

consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
₹ croreQ1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24Q1 FY24Q4 FY23Q3 FY23Q2 FY23Q4 FY22Q3 FY22Q2 FY22Q1 FY22Q4 FY21Q3 FY21Q2 FY21Q1 FY21Q4 FY20Q3 FY20Q2 FY20Q3 FY19Q2 FY19Q4 FY18
Revenue from operations5,0334,6153,7133,6403,8194,3133,4913,4243,4643,5703,0533,1773,33837.83,4703,7283,5493,3462,8392,6992,6082,1462,1011,5451,8581,8501,7381,9641,9151,612
Other income33.924.927.325.729.134.539.633.325.323.418.829.111.80.21032.77.210.711.113.81321.79.810.16.35.6225.214.613
Total expenses4,0883,8713,2153,1493,2723,6403,1623,1743,1453,1502,7232,7922,86430.72,8493,1422,7692,6262,3182,1782,1091,7251,6791,3291,6451,5971,5551,7701,7391,462
EBITDA1,2371,0267807748309576205386036965666266969.3834769948881675672643566572363361403331341315279
EBITDA margin24.6%22.2%21.0%21.3%21.7%22.2%17.7%15.7%17.4%19.5%18.5%19.7%20.9%24.7%24.0%20.6%26.7%26.3%23.8%24.9%24.7%26.4%27.3%23.5%19.4%21.8%19.0%17.4%16.4%17.3%
Finance costs68.66265.570.779.989.496.393.896.59067.479.365.60.76244.535.729.423.427.526.228.536.243.246.647.55554.45042.5
Depreciation2232202172122031951941941881861691611571.515113913213213012311811711410410110292.993.28886.1
Profit before tax9797574525175767073692843444433484154867.3631618788730532535512443432226220259205199191163
Tax2201751912914418197.682.291.821.194.91141261.712013718222515014013011911649.325.5−86.44.133.140.239.5
Net profit7595824333884325262712012524222533013595.6511481606506382395381325315177186343301166151124
Net margin15.1%12.6%11.7%10.7%11.3%12.2%7.8%5.9%7.3%11.8%8.3%9.5%10.8%14.9%14.7%12.9%17.1%15.1%13.5%14.6%14.6%15.1%15.0%11.5%10.0%18.5%17.3%8.4%7.9%7.7%
EPS (₹)25.6019.6314.6013.1014.5817.759.156.798.5114.248.5510.1512.1218.9717.2416.2320.4317.0612.9166.7264.3955.0154.9130.7733.7860.1034.9628.8326.3121.58
Net profit YoY+75.5%+10.6%+59.6%+92.7%+71.4%+24.6%+7.0%−33.0%−29.8%+7406.6%−50.4%−37.5%–−99.1%+1.1%+25.8%+59.0%+55.7%+21.3%+123.2%+105.1%−5.3%+4.7%––+107.0%+99.2%–––

Annual results

financial years ending March · from the fourth-quarter filings
₹ croreFY26FY25FY24FY23FY22FY21FY20FY18
Revenue from operations15,78714,69313,13914912,4348,4007,2095,685
Other income107133830.742.854.549.168.8
Total expenses13,50713,12211,5291219,8916,8426,3445,172
EBITDA3,4102,7182,58435.33,1762,1451,455953
EBITDA margin21.6%18.5%19.7%23.7%25.5%25.5%20.2%16.8%
Finance costs2783763022116134201124
Depreciation8527726735.8517453389316
Profit before tax2,3021,7041,69228.22,5861,613915582
Tax4664533576.6697414−1.2120
Net profit1,8351,2511,33621.61,8891,1981,019462
Net margin11.6%8.5%10.2%14.5%15.2%14.3%14.1%8.1%
EPS (₹)61.9142.4045.0672.9563.75205.59159.3480.41
Net profit YoY+46.7%−6.4%+6077.2%−98.9%+57.7%+17.5%––
EPS is as filed for each period and is not restated for later bonus issues or splits.

Cash flow

annual · ₹ crore
₹ croreFY26FY25FY24FY23FY22
Operating cash flow2,5542,4872,094292,106
Investing cash flow−1,598−1,484−2,227−29.6−1,588
Financing cash flow−708−1,071−71.72.2−207
Capital expenditure1,8151,2312,21728.71,832
Free cash flow (CFO − capex)7381,256−1230.4274

Net profit trend

annual, ₹ crore
FY21
₹1,198
FY22
₹1,889+58%
FY23
₹21.6−99%
FY24
₹1,336+6077%
FY25
₹1,251−6%
FY26
₹1,835+47%

Result filings

as filed with NSE · PDF and XBRL
PeriodBasisFiledDocuments
Q1 FY27Consolidated22 Jul 2026PDF on NSE XBRL
Q1 FY27Standalone22 Jul 2026PDF on NSE XBRL
Q4 FY26Consolidated · audited5 May 2026PDF on NSE XBRL
Q4 FY26Standalone · audited5 May 2026PDF on NSE XBRL
Q3 FY26Consolidated20 Jan 2026PDF on NSE XBRL
Q3 FY26Standalone20 Jan 2026PDF on NSE XBRL
Q2 FY26Consolidated27 Oct 2025PDF on NSE XBRL
Q2 FY26Standalone27 Oct 2025PDF on NSE XBRL
Q1 FY26Consolidated23 Jul 2025PDF on NSE XBRL
Q1 FY26Standalone23 Jul 2025PDF on NSE XBRL

Annual reports

NSE archive
Key ratios
P/E (TTM)5Y avg 868.0×34.8×
P/B5Y avg 92.20×5.36×
ROEFY26, on average equity13.8%
Net margin11.6%
Debt / equity0.36×
Revenue CAGR (3Y)373.5%
Profit CAGR (3Y)339.5%
EPS (TTM)₹72.93
Market cap₹75,291 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
5.36×
vs 8-point avg 92.20× (−94%)
5.15× low92.20× avg692.28× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹24,147 Cr+12%
Net worth₹14,043 Cr+11%
Total borrowings₹5,004 Cr+8%
Cash & bank balances₹590 Cr+77%
Investments₹687 Cr−17%
Inventories₹2,789 Cr+19%
Trade receivables₹2,562 Cr+18%
Trade payables₹2,585 Cr+11%
Change vs the same date a year earlier.
Revenue mix FY26
Chemicals Business (CB)49.3%result ₹2,263 Cr
Performance Films & Foil Business (PFB)36.5%result ₹508 Cr
Technical Textiles Business (TTB)11.9%result ₹190 Cr
Others2.3%result ₹47 Cr
Segment revenue as reported, before inter-segment eliminations.
Shareholding 30 Jun 2026
%Jun 26Mar 26Dec 25Sept 25Jun 25Mar 25Dec 24Sept 24Jun 24Mar 24Dec 23Sept 23
Promoter50.2650.2650.2650.2650.2650.2650.2650.2650.2650.3050.5350.53
FII15.4516.6617.4817.9818.2318.2718.3618.2918.7519.0819.6019.79
DII22.4421.1720.1819.5318.8518.4317.7717.7716.5615.9714.5314.13
of which MF13.4712.3311.6711.0110.36–––––––
Retail8.748.838.929.149.449.4910.0810.1510.5110.7411.2811.47
Other public3.103.073.163.093.223.553.533.533.923.914.064.08
1,77,423 shareholders · NSE shareholding pattern filings.