SRF Ltd

    SRF
    Chemicals
    ₹2,310.00
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹68,470 Cr

    P/E
    30.00
    Day range
    ₹2,296.80 – ₹2,392.20
    52-week range
    ₹2,178.30 – ₹3,143.00
    Volume
    5.12 L
    Open
    ₹2,344.10
    Prev close
    ₹2,330.60

    Latest results · Q2 FY27(consolidated)Revenue ₹4,904 Cr+34.7%Profit ₹509 Cr+31.2%Margin 10.4%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    F&O margin for one lot of SRF (200 shares)

    Research profile

    Composite 50 / 100

    Factor percentiles

    Value49
    Quality47
    Momentum39
    Low volatility66

    Derived metrics

    Earn. yield
    3.3%
    Graham no.
    ₹961.66
    vs Graham
    -58.4%
    ROE ÷ P/B
    3.1%
    12-1 mom.
    -16.6%
    Return / vol
    -0.83
    Magic Formula
    #353
    Piotroski
    3/6
    FCF yield
    1.1%
    PEG
    2.98

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 44 in Chemicals
    Largest Chemicals companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Solar IndustriesSOLARINDS₹1.66 L Cr83.4526.4632.5%38.0%28.0%0.24+70.3%
    Pidilite IndustriesPIDILITIND₹1.52 L Cr57.2614.0424.0%31.0%26.0%0.04+21.3%
    SRF LtdSRF₹68,470 Cr30.004.4813.8%15.0%19.0%0.35+34.7%
    Coromandel InternationalCOROMANDEL₹50,607 Cr27.664.1716.1%22.0%9.0%0.12+15.9%
    Linde IndiaLINDEINDIA₹48,812 Cr89.3511.4513.6%18.0%29.0%0.02+21.5%
    Gujarat FluorochemicalsFLUOROCHEM₹46,534 Cr76.076.017.6%10.0%27.0%0.35+24.0%
    Fertilisers and Chemicals TravancoreFACT₹43,399 Cr—32.643.0%9.0%-2.7%2.79+65.2%
    UPLUPL₹42,995 Cr21.081.246.9%10.0%13.0%0.68+10.5%
    Sector median₹12,619 Cr30.963.099.9%12.0%19.0%0.25+22.0%

    Sector as classified in the tracked universe; medians use every tracked Chemicals company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 20d ago

    Headlines about SRF Ltd from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    29.0
    EPS (TTM)
    ₹72.93
    Price / Book
    4.48
    ROE (FY26)
    13.8%
    ROCE (latest year)
    15%
    Dividend yield
    0.39%

    Moving averages (NSE)

    20-day
    ₹2,458.07
    Price below
    50-day
    ₹2,519.63
    Price below
    200-day
    ₹2,653.43
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +2.0%
    Profit 3Y CAGR
    -5.3%
    Revenue YoY (Sep 2026)
    +34.7%
    Profit YoY (Sep 2026)
    +31.2%
    Operating margin
    19.0%
    Net margin
    10.4%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr2K Cr4K Cr6K Cr
    • Revenue
    • Net profit

    Operating margin

    Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 20260%15%30%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • FII
    • Public
    • Government
    • Others

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-4K Cr-2K Cr0 Cr2K Cr4K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr5K Cr10K Cr15K Cr20K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 20260x0.5x1x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 13 Oct 2021: earlier bars are per pre-bonus share.

    FY20FY21FY22FY23FY24FY25FY26FY27₹0₹10₹20₹30

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
    Sales3,0533,5703,4643,4243,4914,3133,8193,6403,7134,6155,0334,904
    Expenses2,4872,8742,8612,8862,8723,3562,9892,8662,9333,5893,7973,958
    Operating Profit5666966035386209578307747801,0261,237946
    OPM %19%19%17%16%18%22%22%21%21%22%25%19%
    Other Income1923253340342926-46133425
    Interest679097949689807166626971
    Depreciation169186188194194195203212217220223229
    Profit before tax348443344284369707576517452757979671
    Tax %27%5%27%29%26%26%25%25%4%23%22%24%
    Net Profit253422252201271526432388433582759509
    EPS in Rs₹8.55₹14.24₹8.51₹6.79₹9.14₹17.75₹14.58₹13.10₹14.60₹19.63₹25.60₹17.18

    From company filings, updated 25 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days59

    +4 days since Mar 2021

    Inventory Days131

    -2 days since Mar 2021

    Days Payable121

    -23 days since Mar 2021

    Cash Conversion Cycle69

    +24 days since Mar 2021

    Working Capital Days-12

    +2 days since Mar 2021

    Strengths, risks & growth

    Incorporated in 1970, SRF Ltd manufactures and sells technical textiles, chemicals, packaging films, aluminum foils, and other polymers [1]

    Strengths

    None flagged by the checklist.

    Risks

    • Stock is trading at 4.47 times its book value
    • Company has a low return on equity of 12.4% over last 3 years.
    • Company might be capitalizing the interest cost

    Compounded Sales Growth

    10 Years
    +13%
    5 Years
    +13%
    3 Years
    +2%
    TTM
    +20%

    Compounded Profit Growth

    10 Years
    +16%
    5 Years
    +10%
    3 Years
    -4%
    TTM
    +46%

    Stock Price CAGR

    10 Years
    +20%
    5 Years
    +2%
    3 Years
    +3%
    1 Year
    -25%

    Return on Equity

    10 Years
    +17%
    5 Years
    +16%
    3 Years
    +12%
    Last Year
    +14%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter50.26%50.26%50.26%50.26%0.00 pp
    FII17.48%16.67%15.45%15.20%-0.25 pp
    DII20.18%21.17%22.44%22.50%+0.06 pp
    Government0.04%0.04%0.04%0.04%0.00 pp
    Public12.05%11.87%11.81%12.00%+0.19 pp
    Others0.00%0.01%0.01%0.00%-0.01 pp

    Filed with NSE for Sept 2026: promoters 50.26%, public 49.74% · XBRL filing

    Analysts & fund holdings

    67%
    67% recommend buy
    27 analysts cover the stock
    Valuation vs Chemicals
    P/E30.0 vs 23.4
    Sector P/B2.92
    Beta0.78

    Who holds the shares, quarter by quarter

    Mutual funds 13.60% (+0.13 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters50.3%
    • Foreign institutions15.2%
    • Mutual funds13.6%
    • Insurance7.2%
    • Other domestic institutions1.7%
    • Retail7.8%
    • Others4.3%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Kotak Flexi Cap Fund2.09%2.89%-0.18 pp
    Kotak Mid Cap Fund1.37%1.51%-0.14 pp
    SBI Midcap Fund0.91%2.87%+0.82 pp
    Kotak Large & Mid Cap Fund0.62%1.41%-0.12 pp
    Mirae Asset Large & Midcap Fund0.52%0.89%-0.12 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    29.1%
    Downside volatility
    30.2%
    Worst 5% of days
    2.8%
    Average of that tail
    4.6%
    Max drawdown (1Y)
    27.7%
    Below its peak
    27.6%

    Against the market

    Beta vs Nifty 50
    1.03
    Correlation
    0.47
    Relative strength (3M)
    -6.6%
    ATR (14)
    3.1%

    Return

    Return 1M
    -9.0%
    Return 3M
    -11.9%
    Return 6M
    -7.3%
    Return 1Y
    -24.1%
    vs 200-day average
    -12.9%

    Momentum

    RSI (14) · oversold
    29.7
    MACD histogram
    -16.36
    Stochastic %K
    36.8
    ADX (14)
    26.8
    +DI / −DI
    9.8 / 33.5
    Money flow index
    25.0

    Participation

    Delivery (20d avg)
    47.4%
    vs its 60-day baseline
    -4.7 pts
    Volume vs 20-day
    +0.5σ
    Close vs day's VWAP
    -1.2%
    52-week position
    1 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    3 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — failed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — failed
    Free cash flow
    ₹738 Cr
    FCF yield
    1.1%
    Cash conversion
    1.39
    Accruals ratio
    -0.030
    Net debt
    ₹4,597 Cr
    Net debt / equity
    0.33
    EV / sales
    4.00
    PEG
    2.98
    Capex intensity
    11.5%
    Revenue CAGR
    7.0%
    Profit CAGR
    10.6%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      28 Jul 2026
      ex-date
    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      27 Jan 2026
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Sh

      29 Jul 2025
      ex-date
    • dividend
      ₹3.60

      Interim Dividend - Rs 3.6 Per Sh

      4 Feb 2025
      ex-date
    • dividend
      ₹3.60

      Interim Dividend - Rs 3.60 Per Share

      31 Jul 2024
      ex-date
    • dividend
      ₹3.60

      Interim Dividend - Rs 3.60 Per Share

      7 Feb 2024
      ex-date
    • dividend
      ₹3.60

      Interim Dividend - Rs 3.60 Per Share

      1 Aug 2023
      ex-date
    • dividend
      ₹3.60

      Interim Dividend - Rs 3.60 Per Share

      7 Feb 2023
      ex-date
    • dividend
      ₹3.60

      Interim Dividend- Rs 3.60 Per Share

      28 Jul 2022
      ex-date
    • dividend
      ₹4.75

      Interim Dividend - Rs 4.75 Per Share

      3 Feb 2022
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 4:1

      13 Oct 2021
      ex-date
    • dividend
      ₹12.00

      Interim Dividend - Rs 12 Per Share

      5 Aug 2021
      ex-date
    • dividend
      ₹19.00

      Interim Dividend - Rs 19 Per Share

      29 Jan 2021
      ex-date
    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      6 Aug 2020
      ex-date
    • dividend
      ₹7.00

      Interim Dividend - Rs 7 Per Share

      10 Feb 2020
      ex-date
    • dividend
      ₹7.00

      Interim Dividend - Rs 7 Per Share

      13 Aug 2019
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      26 Jul 2019
      ex-date
    • dividend
      ₹6.00

      Interim Dividend - Rs 6 Per Share

      11 Feb 2019
      ex-date
    • dividend
      ₹6.00

      Interim Dividend- Rs 6 Per Share (Purpose Revised)

      14 Aug 2018
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      30 Jul 2018
      ex-date

    Company announcements

    Company Update
    Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Show Cause Notice

    Insider Trading / SAST
    Closure of Trading Window
    Insider Trading / SAST
    Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Realty (Delhi) Ltd

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Realty (Delhi) Ltd

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Holdings Ltd

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Announcement under Regulation 30 of SEBI LODR

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Realty (Delhi) Ltd & PACs

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Holdings Ltd

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Realty (Delhi) Ltd & PACs

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Holdings Ltd

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Realty (Delhi) Ltd & PACs

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Holdings Ltd & PACs

    Insider Trading / SAST
    Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Transcript of the Earnings Call held on 23rd July 2026

    Company Update
    Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

    Filed with BSE (scrip 503806); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Buyback - Corrigendum to PA

      SRF Limited - Corrigendum to PA

      15 Apr 2011
      Read on SEBI
    • Buyback - Public Announcement

      SRF Limited - Public Announcement

      22 Mar 2011
      Read on SEBI
    • Buyback - Public Notice

      SRF Limited - Public Notice

      22 Jan 2010
      Read on SEBI
    • Buyback

      SRF Limited

      31 Aug 2009
      Read on SEBI
    • Buyback - Post offer Public Advertisement

      SRF Ltd. - Post offer Public Advertisement

      24 Apr 2009
      Read on SEBI

    Regulatory orders

    • Order

      Exemption Order under Regulation 11 of SEBI (SAST) Regulations, 2011 in the matter of “SRF LIMITED”

      9 Dec 2019
      Read on SEBI

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 22 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    SRF Ltd: common questions

    Answered from the figures on this page.

    SRF Ltd last traded at ₹2,310.00 (NSE, as of 25 Oct 2026). The last session moved it down 0.88%.

    SRF Ltd is valued at about ₹68,470 crore (NSE, as of 25 Oct 2026).

    SRF Ltd trades at a price-to-earnings ratio of 30.00 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    SRF Ltd has traded between ₹2,178.30 and ₹3,143.00 over the past 52 weeks, to 25 Oct 2026. It is currently 14% of the way up that range.

    SRF Ltd (SRF) is classified under Chemicals on this site's screener.