SRF Limited
SRF Limited operates in Commodity Chemicals, part of the Chemicals sector. It booked ₹4,904 cr of revenue in its latest quarter (Q2 FY27) and kept 10.4% of sales as profit. It is the largest of 9 Commodity Chemicals companies we track, by market value.
| Segment | FY25 | FY26 | Share |
|---|---|---|---|
| Performance Films & Foil Business (PFB) | 5,554 | 5,764 | 38% → 37% |
| Chemicals Business (CB) | 6,691 | 7,779 | 46% → 49% |
| Technical Textiles Business (TTB) | 2,029 | 1,877 | 14% → 12% |
| Others | 428 | 366 | 3% → 2% |
| Total | 14,701 | 15,787 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“The Company is primarily exposed to market risk (i.e. interest rate and foreign currency risk) and to credit risk and liquidity risk.”
Healthier than 62% of companies in Chemicals, on all six measures of filed financials. Each measure is ranked against the 36–46 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 50
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily · highest in its sector on what we could measure
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in SRF?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹4,904 cr |
| Other Income | ₹25 cr |
| Total Income | ₹4,929 cr |
| Cost of Materials | ₹2,623 cr |
| Purchases of Stock-in-Trade | ₹100 cr |
| Inventory Change (±) | ₹-123 cr |
| Employee Benefit Expense | ₹316 cr |
| Finance Costs | ₹71 cr |
| Depreciation & Amortisation | ₹229 cr |
| Other Expenses | ₹1,043 cr |
| Total Expenses | ₹4,258 cr |
| Profit before Tax | ₹671 cr |
| Tax Expense | ₹162 cr |
| Net Profit | ₹509 cr |
| Net margin on total income | 10.3% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 4,615 cr | 5,033 cr | 4,904 cr |
| Total income | 4,640 cr | 5,067 cr | 4,929 cr |
| Expenses | 3,871 cr | 4,088 cr | 4,258 cr |
| Profit before tax | 757 cr | 979 cr | 671 cr |
| Tax | 175 cr | 220 cr | 162 cr |
| Net profit (owners' share) | 582 cr | 759 cr | 509 cr |
| Net margin (owners' share, on revenue) | 12.6% | 15.1% | 10.4% |
| EPS (₹) | 19.63 | 25.60 | 17.18 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| SRF Limitedthis company | ₹2,429 | ₹71,989 cr | 35.3 | 13.3% | 10.4% | — |
| Tata Chemicals Limited | ₹610 | ₹54,596 cr | — | -0.3% | -0.4% | — |
| Deepak Fertilizers and Petrochemicals Corporation Limited | ₹1,128 | ₹14,244 cr | 7.3 | 28.6% | 15.0% | — |
| Gujarat Narmada Valley Fertilizers and Chemicals Limited | ₹465 | ₹6,836 cr | 8.8 | 8.3% | 7.0% | — |
| Gujarat Alkalies and Chemicals Limited | ₹555 | ₹4,076 cr | 18.5 | 4.2% | 4.4% | — |
| GHCL Limited | ₹403 | ₹3,705 cr | 8.2 | 13.0% | 14.6% | — |
| J.G.Chemicals Limited | ₹580 | ₹2,273 cr | 22.7 | 19.0% | 7.9% | — |
| IG Petrochemicals Limited | ₹554 | ₹1,707 cr | 6.4 | 19.9% | 10.8% | — |
| Thirumalai Chemicals Limited | ₹119 | ₹1,439 cr | — | -11.2% | -8.0% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹5 / share | 28 Jul 2026 |
| Dividend | ₹5 / share | 27 Jan 2026 |
| Dividend | ₹4 / share | 29 Jul 2025 |
| Dividend | ₹3.6 / share | 4 Feb 2025 |
| Dividend | ₹3.6 / share | 31 Jul 2024 |
| Dividend | ₹3.6 / share | 7 Feb 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 23 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.