Srf Limited (SRF) AI Stock Analysis

• Market Cap: ₹879.77B
• Dividend Yield: 0.26%
• Average Volume (3M): 5.56K
• Price to Earnings (P/E): 61.5
• Beta (1Y): 0.64
• Revenue Growth: 13.44%
• EPS Growth: 16.46%
• Country: IN
• Employees: 7,372
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 14.58
• Shares Outstanding: 296,424,840
• 10 Day Avg. Volume: 3,077
• 30 Day Avg. Volume: 5,557
• PEG Ratio: -10.75
• Price to Book (P/B): 6.76
• Price to Sales (P/S): 5.81
• P/FCF Ratio: 67.95
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,734.29
• Price Target Upside: -7.88% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 7

• Rating: 66 Neutral
• Price Target: ₹3,141.00 ▲(5.82% Upside)

SRF Limited's overall stock score reflects strong financial performance, tempered by neutral technical indicators and a high valuation. The company's growth and profitability are significant strengths, while the high P/E ratio and low dividend yield are potential concerns.

Srf Limited Business Overview & Revenue Model

Company Description

SRF Limited manufactures, purchases, and sells technical textiles, chemicals, packaging films, and other polymers. It operates through Technical Textiles Business, Chemicals Business, Packaging Film Business, and Others segments. The company offers nylon tyre cord, belting, coated, and laminated fabrics; and industrial and polyester industrial yarns. It also provides fluorochemicals, such as refrigerants for room air-conditioner, automobile air-conditioner, refrigerator, and chillers under the Floron brand, as well as propellants for the pharmaceutical sector under the Dymel brand; and industrial chemicals used in various applications comprising solvents in pharma, feedstock for pharmaceutical and agrochemicals, metal de-greasing, etching of stainless steel and glass, and dry- foam blowing cleaning. In addition, it provides advanced intermediates for the agrochemical and pharmaceutical industries. Further, the company provides bi-axially oriented polyethylene terephthalate films under PETLAR brand and bi-axially oriented polypropylene films under OPLAR brand. It serves in India, Germany, the United States, Belgium, Switzerland, and internationally. The company was formerly known as Shri Ram Fibres and changed its name to SRF Limited in 1990. The company was incorporated in 1970 and is headquartered in Gurugram, India. SRF Limited is a subsidiary of KAMA Holdings Limited.

How the Company Makes Money

SRF Limited generates revenue through its diversified business segments. The company earns a significant portion of its income from the Chemicals Business, which includes the sale of fluorochemicals, specialty chemicals, and industrial chemicals. The company's Packaging Films Business also contributes to its revenue by manufacturing and selling flexible packaging films to various industries, including food and beverage, personal care, and pharmaceuticals. Additionally, the Technical Textiles segment provides income through the production of nylon and polyester industrial yarns used in automotive and industrial applications. SRF's revenue is further supported by its global presence and strategic partnerships that enhance its market reach and customer base.

Srf Limited Financial Statement Overview

Summary

SRF Limited's financial performance is strong, with impressive revenue growth and profitability. The balance sheet is solid, though rising leverage and fluctuating free cash flow are areas to monitor.

Income Statement

SRF Limited shows strong revenue growth with a significant increase from 2024 to 2025. Gross profit margin has improved markedly over the years, indicating enhanced operational efficiency. Net profit margin remains healthy, though slight fluctuations in net income suggest some volatility. Overall, the company's income statement reflects robust profitability and growth.

Balance Sheet

The company's balance sheet is solid, with a strong equity base and a manageable debt-to-equity ratio. The equity ratio is favorable, reflecting a stable capital structure. However, the increase in total debt over the years suggests a rising leverage, which could be a potential risk if not managed properly.

Cash Flow

SRF Limited demonstrates positive cash flow from operations, though free cash flow has seen some fluctuations due to capital expenditures. The operating cash flow to net income ratio is strong, indicating efficient conversion of earnings to cash flow. However, varying free cash flow to net income ratios suggest potential challenges in maintaining consistent cash generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	149.68B	146.93B	130.39B	147.53B	124.34B	82.95B
Gross Profit	52.72B	56.42B	61.07B	42.06B	61.13B	42.10B
EBITDA	30.90B	28.38B	26.40B	35.79B	32.04B	21.99B
Net Income	14.31B	12.51B	13.36B	21.62B	18.89B	11.98B
Balance Sheet
Total Assets	0.00	215.57B	204.82B	187.55B	157.77B	129.29B
Cash, Cash Equivalents and Short-Term Investments	11.22B	10.58B	8.14B	11.04B	7.87B	6.95B
Total Debt	0.00	47.26B	50.31B	44.78B	36.55B	34.69B
Total Liabilities	-126.26B	89.31B	90.03B	84.27B	72.11B	60.73B
Stockholders Equity	126.26B	126.26B	114.79B	103.27B	85.65B	68.56B
Cash Flow
Free Cash Flow	0.00	12.56B	-1.23B	359.60M	2.74B	5.57B
Operating Cash Flow	0.00	24.87B	20.94B	29.02B	21.06B	17.72B
Investing Cash Flow	0.00	-14.84B	-22.27B	-29.61B	-15.88B	-15.00B
Financing Cash Flow	0.00	-10.71B	-717.00M	2.20B	-2.07B	-2.51B

Srf Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2968.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SRF, the sentiment is Positive. The current price of 2968.2 is above the 20-day moving average (MA) of 2920.02, above the 50-day MA of 2924.31, and above the 200-day MA of 2885.66, indicating a bullish trend. The MACD of 4.91 indicates Negative momentum. The RSI at 61.15 is Neutral, neither overbought nor oversold. The STOCH value of 86.08 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SRF.

Srf Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DEEPAKFERT	72 Outperform	₹195.90B	19.97	―	0.65%	23.22%	85.82%
SRF	66 Neutral	₹879.77B	61.48	―	0.26%	13.44%	16.46%
UPL	64 Neutral	₹573.20B	48.94	―	0.89%	8.30%	―
FLUOROCHEM	62 Neutral	₹406.01B	65.27	―	0.08%	13.99%	81.98%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
NAVINFLUOR	57 Neutral	₹234.12B	63.93	―	0.26%	21.52%	36.24%
DEEPAKNTR	57 Neutral	₹245.82B	40.51	―	0.42%	-23.95%	-29.72%

Srf Limited Corporate Events

SRF Limited Releases Investor Call Recording on Refrigerant Segment

SRF Limited announced the availability of an audio recording from its investor conference call held on August 29, 2025, which focused on updates in the refrigerant segment. This move aligns with regulatory requirements and provides stakeholders with insights into the company’s strategic direction and operational updates in the refrigerant market.

SRF Limited to Discuss Refrigerant Segment Updates in Upcoming Conference Call

SRF Limited announced its participation in an investor and analyst conference call scheduled for August 29, 2025, to discuss updates in its refrigerant segment. The call, hosted by IIFL Capital, will feature key executives from SRF, including the President & CEO of the Fluorochemicals and Technical Textiles Business, and the Chief Financial Officer, providing insights and engaging in a Q&A session to address stakeholder queries.

SRF Limited’s 54th AGM: Key Resolutions Passed

SRF Limited held its 54th Annual General Meeting on July 3, 2025, where several resolutions were passed with the requisite majority. Key resolutions included the adoption of financial statements for the year 2024-25, the re-appointment of Mr. Ashish Bharat Ram as Chairman & Managing Director, and the approval for issuing redeemable non-convertible debentures. The meeting was conducted via video conferencing, allowing members to participate and vote electronically, ensuring transparency and accessibility.

SRF Limited’s AGM Resolutions Approved with Majority

SRF Limited held its 54th Annual General Meeting on July 3, 2025, where all resolutions proposed were approved by the shareholders with the necessary majority. The meeting was conducted through video conferencing, and the voting was carried out via remote e-voting and e-voting during the AGM. The scrutinizer’s report confirmed the approval of all resolutions, indicating strong shareholder support for the company’s proposals.