Share Price and Basic Stock Data
Last Updated: December 13, 2025, 8:59 am
| PEG Ratio | -18.15 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
SRF Ltd operates within the chemicals sector, specifically in various niche markets that have shown resilience amidst economic fluctuations. The company reported a sales figure of ₹14,870 Cr for FY 2023, reflecting a significant growth trajectory compared to ₹12,434 Cr in FY 2022. However, recent quarterly data indicates a decline in sales, with ₹3,570 Cr reported for Mar 2024, down from ₹3,778 Cr in the previous quarter. This suggests a potential softening in demand or operational challenges. The overall trend, however, reflects a robust growth phase, with the trailing twelve months (TTM) sales reaching ₹15,048 Cr, indicating SRF’s ability to generate consistent revenue even in a competitive landscape. The diversification of its product portfolio has played a crucial role in this performance, allowing the company to mitigate risks associated with market volatility.
Profitability and Efficiency Metrics
When it comes to profitability, SRF’s operating profit margin (OPM) has shown variability, standing at 24% for FY 2023, down from 25% the previous year. The recent quarterly OPM figures also reveal a downward trend, hitting 19% for Mar 2024. This decline in margins, amidst rising expenses—₹11,341 Cr in FY 2023 compared to ₹9,330 Cr in FY 2022—highlights the pressure on profitability due to increased operational costs. Despite these challenges, the company managed to report a net profit of ₹2,162 Cr for FY 2023, showcasing a healthy net profit margin of 14.54%. Efficiency ratios like the Return on Equity (ROE) at 10.4% and Return on Capital Employed (ROCE) at 12.3% suggest that while SRF is generating returns, there may be room for improvement in capital utilization and shareholder value creation.
Balance Sheet Strength and Financial Ratios
SRF’s balance sheet reflects a strong foundation, with total assets reported at ₹21,521 Cr for FY 2025, against total liabilities of ₹20,454 Cr for FY 2024. The company maintains a comfortable long-term debt-to-equity ratio of 0.15, indicating prudent financial management and a low reliance on debt for growth. Reserves have also grown significantly, reaching ₹12,966 Cr, which provides a cushion for future investments and operational challenges. However, the interest coverage ratio (ICR) of 7.58 suggests that while SRF can comfortably meet its interest obligations, any further increase in debt could stretch its capacity. With borrowing standing at ₹4,605 Cr, the company must remain vigilant about managing its debt levels amidst fluctuating market conditions.
Shareholding Pattern and Investor Confidence
The shareholding pattern of SRF Ltd indicates a stable ownership structure, with promoters holding 50.26% of the equity. This level of promoter stake typically reflects confidence in the company’s long-term prospects. Foreign Institutional Investors (FIIs) hold 17.98%, while Domestic Institutional Investors (DIIs) control 19.53%, showcasing a mix of domestic and international confidence. However, the gradual decline in public shareholding from 16.29% in Dec 2022 to 12.20% in Sep 2025 raises questions about retail investor sentiment. The total number of shareholders has also decreased, from 2,63,328 in Dec 2022 to 1,91,991 by Sep 2025. This trend could indicate a consolidation of shares among institutional investors, which may be interpreted positively as it suggests confidence from larger entities but could also point to retail investors’ hesitance.
Outlook, Risks, and Final Insight
Looking ahead, SRF Ltd’s growth trajectory seems promising, but several risks loom. The declining sales in recent quarters could be a red flag, hinting at potential demand issues or market saturation in specific segments. Additionally, the pressure on margins could undermine profitability if operational costs continue to rise. Investors should consider the company’s ability to innovate and adapt to changing market dynamics, especially in the chemicals sector, which is heavily influenced by global economic conditions. Furthermore, while the balance sheet appears robust, any significant increase in debt could elevate financial risk. In summary, SRF Ltd presents a mixed bag for investors—strong fundamentals and a solid market position, but with caution warranted due to potential demand and profitability challenges. Balancing these factors will be key for investors contemplating their next move in SRF’s stock.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Diamines & Chemicals Ltd | 257 Cr. | 263 | 537/250 | 158 | 0.38 % | 3.33 % | 1.78 % | 10.0 | |
| Deco-Mica Ltd | 25.6 Cr. | 61.0 | 97.0/56.0 | 14.0 | 64.2 | 0.00 % | 11.8 % | 7.51 % | 10.0 |
| Andhra Sugars Ltd | 1,045 Cr. | 77.1 | 100/64.9 | 13.1 | 121 | 1.04 % | 3.54 % | 2.51 % | 2.00 |
| Tamil Nadu Petro Products Ltd | 939 Cr. | 104 | 130/63.6 | 9.38 | 109 | 1.15 % | 6.97 % | 5.10 % | 10.0 |
| SRF Ltd | 89,627 Cr. | 3,024 | 3,325/2,197 | 55.4 | 447 | 0.24 % | 12.3 % | 10.4 % | 10.0 |
| Industry Average | 14,568.78 Cr | 1,186.45 | 33.22 | 204.33 | 0.41% | 10.57% | 8.89% | 7.60 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,895 | 3,728 | 3,470 | 3,778 | 3,338 | 3,177 | 3,053 | 3,570 | 3,464 | 3,424 | 3,491 | 4,313 | 3,819 |
| Expenses | 2,900 | 2,959 | 2,636 | 2,846 | 2,642 | 2,551 | 2,487 | 2,874 | 2,861 | 2,886 | 2,872 | 3,356 | 2,989 |
| Operating Profit | 995 | 769 | 834 | 932 | 696 | 626 | 566 | 696 | 603 | 538 | 620 | 957 | 830 |
| OPM % | 26% | 21% | 24% | 25% | 21% | 20% | 19% | 19% | 17% | 16% | 18% | 22% | 22% |
| Other Income | 10 | 33 | 10 | 22 | 12 | 29 | 19 | 23 | 25 | 33 | 40 | 34 | 29 |
| Interest | 32 | 44 | 62 | 66 | 66 | 79 | 67 | 90 | 97 | 94 | 96 | 89 | 80 |
| Depreciation | 131 | 139 | 151 | 155 | 157 | 161 | 169 | 186 | 188 | 194 | 194 | 195 | 203 |
| Profit before tax | 842 | 618 | 631 | 733 | 486 | 415 | 348 | 443 | 344 | 284 | 369 | 707 | 576 |
| Tax % | 28% | 22% | 19% | 23% | 26% | 27% | 27% | 5% | 27% | 29% | 26% | 26% | 25% |
| Net Profit | 608 | 481 | 511 | 562 | 359 | 301 | 253 | 422 | 252 | 201 | 271 | 526 | 432 |
| EPS in Rs | 20.51 | 16.23 | 17.24 | 18.97 | 12.12 | 10.15 | 8.55 | 14.24 | 8.51 | 6.79 | 9.14 | 17.75 | 14.58 |
Last Updated: August 1, 2025, 11:10 am
Below is a detailed analysis of the quarterly data for SRF Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 3,819.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,313.00 Cr. (Mar 2025) to 3,819.00 Cr., marking a decrease of 494.00 Cr..
- For Expenses, as of Jun 2025, the value is 2,989.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3,356.00 Cr. (Mar 2025) to 2,989.00 Cr., marking a decrease of 367.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 830.00 Cr.. The value appears to be declining and may need further review. It has decreased from 957.00 Cr. (Mar 2025) to 830.00 Cr., marking a decrease of 127.00 Cr..
- For OPM %, as of Jun 2025, the value is 22.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 22.00%.
- For Other Income, as of Jun 2025, the value is 29.00 Cr.. The value appears to be declining and may need further review. It has decreased from 34.00 Cr. (Mar 2025) to 29.00 Cr., marking a decrease of 5.00 Cr..
- For Interest, as of Jun 2025, the value is 80.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 89.00 Cr. (Mar 2025) to 80.00 Cr., marking a decrease of 9.00 Cr..
- For Depreciation, as of Jun 2025, the value is 203.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 195.00 Cr. (Mar 2025) to 203.00 Cr., marking an increase of 8.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 576.00 Cr.. The value appears to be declining and may need further review. It has decreased from 707.00 Cr. (Mar 2025) to 576.00 Cr., marking a decrease of 131.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Mar 2025) to 25.00%, marking a decrease of 1.00%.
- For Net Profit, as of Jun 2025, the value is 432.00 Cr.. The value appears to be declining and may need further review. It has decreased from 526.00 Cr. (Mar 2025) to 432.00 Cr., marking a decrease of 94.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 14.58. The value appears to be declining and may need further review. It has decreased from 17.75 (Mar 2025) to 14.58, marking a decrease of 3.17.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:36 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,018 | 4,540 | 4,593 | 4,822 | 5,589 | 7,100 | 7,209 | 8,400 | 12,434 | 14,870 | 13,139 | 14,693 | 15,263 |
| Expenses | 3,513 | 3,822 | 3,630 | 3,852 | 4,683 | 5,803 | 5,754 | 6,267 | 9,330 | 11,341 | 10,554 | 11,975 | 12,082 |
| Operating Profit | 505 | 717 | 963 | 969 | 906 | 1,297 | 1,455 | 2,133 | 3,103 | 3,529 | 2,584 | 2,718 | 3,181 |
| OPM % | 13% | 16% | 21% | 20% | 16% | 18% | 20% | 25% | 25% | 24% | 20% | 18% | 21% |
| Other Income | 24 | 65 | 28 | 73 | 115 | 78 | 152 | 66 | 116 | 75 | 83 | 133 | 129 |
| Interest | 96 | 138 | 130 | 102 | 124 | 198 | 201 | 134 | 116 | 205 | 302 | 376 | 336 |
| Depreciation | 225 | 245 | 275 | 283 | 316 | 358 | 389 | 453 | 517 | 575 | 673 | 772 | 805 |
| Profit before tax | 208 | 399 | 585 | 657 | 582 | 818 | 1,018 | 1,612 | 2,586 | 2,824 | 1,692 | 1,704 | 2,169 |
| Tax % | 22% | 24% | 27% | 22% | 21% | 22% | -0% | 26% | 27% | 23% | 21% | 27% | |
| Net Profit | 162 | 303 | 430 | 515 | 462 | 642 | 1,019 | 1,198 | 1,889 | 2,162 | 1,336 | 1,251 | 1,618 |
| EPS in Rs | 5.66 | 10.55 | 14.97 | 17.94 | 16.08 | 22.33 | 35.46 | 40.44 | 63.72 | 72.95 | 45.06 | 42.20 | 54.57 |
| Dividend Payout % | 36% | 19% | 14% | 14% | 15% | 11% | 8% | 12% | 26% | 10% | 16% | 17% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 87.04% | 41.91% | 19.77% | -10.29% | 38.96% | 58.72% | 17.57% | 57.68% | 14.45% | -38.21% | -6.36% |
| Change in YoY Net Profit Growth (%) | 0.00% | -45.12% | -22.15% | -30.06% | 49.25% | 19.76% | -41.16% | 40.11% | -43.23% | -52.66% | 31.84% |
SRF Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 15% |
| 3 Years: | 6% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 4% |
| 3 Years: | -13% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 28% |
| 3 Years: | 3% |
| 1 Year: | 10% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 17% |
| 3 Years: | 15% |
| Last Year: | 10% |
Last Updated: September 5, 2025, 1:36 pm
Balance Sheet
Last Updated: December 4, 2025, 2:01 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 58 | 58 | 58 | 58 | 58 | 58 | 58 | 60 | 297 | 297 | 297 | 297 | 297 |
| Reserves | 2,008 | 2,238 | 2,705 | 3,124 | 3,506 | 4,071 | 4,875 | 6,796 | 8,268 | 10,030 | 11,182 | 12,329 | 12,966 |
| Borrowings | 2,175 | 2,435 | 2,515 | 2,396 | 3,142 | 3,730 | 4,135 | 3,469 | 3,655 | 4,478 | 5,031 | 4,726 | 4,605 |
| Other Liabilities | 1,227 | 1,152 | 1,146 | 1,389 | 1,657 | 2,028 | 1,795 | 2,586 | 3,544 | 3,931 | 3,945 | 4,169 | 4,393 |
| Total Liabilities | 5,469 | 5,883 | 6,424 | 6,968 | 8,363 | 9,888 | 10,862 | 12,911 | 15,765 | 18,736 | 20,454 | 21,521 | 22,261 |
| Fixed Assets | 3,551 | 3,922 | 4,113 | 4,405 | 5,122 | 5,609 | 6,368 | 7,827 | 8,425 | 10,050 | 13,242 | 13,720 | 13,932 |
| CWIP | 112 | 104 | 117 | 259 | 559 | 754 | 1,393 | 772 | 1,672 | 2,406 | 805 | 811 | 1,238 |
| Investments | 37 | 94 | 165 | 196 | 122 | 101 | 203 | 417 | 321 | 494 | 527 | 827 | 537 |
| Other Assets | 1,769 | 1,762 | 2,029 | 2,109 | 2,561 | 3,424 | 2,899 | 3,895 | 5,347 | 5,786 | 5,881 | 6,163 | 6,555 |
| Total Assets | 5,469 | 5,883 | 6,424 | 6,968 | 8,363 | 9,888 | 10,862 | 12,911 | 15,765 | 18,736 | 20,454 | 21,521 | 22,261 |
Below is a detailed analysis of the balance sheet data for SRF Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 297.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 297.00 Cr..
- For Reserves, as of Sep 2025, the value is 12,966.00 Cr.. The value appears strong and on an upward trend. It has increased from 12,329.00 Cr. (Mar 2025) to 12,966.00 Cr., marking an increase of 637.00 Cr..
- For Borrowings, as of Sep 2025, the value is 4,605.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 4,726.00 Cr. (Mar 2025) to 4,605.00 Cr., marking a decrease of 121.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 4,393.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,169.00 Cr. (Mar 2025) to 4,393.00 Cr., marking an increase of 224.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 22,261.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 21,521.00 Cr. (Mar 2025) to 22,261.00 Cr., marking an increase of 740.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 13,932.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,720.00 Cr. (Mar 2025) to 13,932.00 Cr., marking an increase of 212.00 Cr..
- For CWIP, as of Sep 2025, the value is 1,238.00 Cr.. The value appears strong and on an upward trend. It has increased from 811.00 Cr. (Mar 2025) to 1,238.00 Cr., marking an increase of 427.00 Cr..
- For Investments, as of Sep 2025, the value is 537.00 Cr.. The value appears to be declining and may need further review. It has decreased from 827.00 Cr. (Mar 2025) to 537.00 Cr., marking a decrease of 290.00 Cr..
- For Other Assets, as of Sep 2025, the value is 6,555.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,163.00 Cr. (Mar 2025) to 6,555.00 Cr., marking an increase of 392.00 Cr..
- For Total Assets, as of Sep 2025, the value is 22,261.00 Cr.. The value appears strong and on an upward trend. It has increased from 21,521.00 Cr. (Mar 2025) to 22,261.00 Cr., marking an increase of 740.00 Cr..
Notably, the Reserves (12,966.00 Cr.) exceed the Borrowings (4,605.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 503.00 | 715.00 | 961.00 | 967.00 | 903.00 | -2.00 | -3.00 | -1.00 | 0.00 | -1.00 | -3.00 | -2.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 49 | 41 | 50 | 44 | 53 | 45 | 55 | 53 | 44 | 54 | 54 |
| Inventory Days | 114 | 110 | 105 | 126 | 115 | 113 | 119 | 133 | 129 | 112 | 127 | 111 |
| Days Payable | 120 | 83 | 112 | 122 | 126 | 127 | 110 | 144 | 126 | 110 | 120 | 111 |
| Cash Conversion Cycle | 56 | 75 | 34 | 54 | 34 | 38 | 54 | 45 | 55 | 46 | 61 | 55 |
| Working Capital Days | 19 | 10 | 1 | -15 | -21 | -17 | -37 | -14 | 1 | -6 | -18 | -9 |
| ROCE % | 8% | 11% | 14% | 14% | 11% | 14% | 14% | 18% | 24% | 22% | 13% | 12% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Kotak Flexicap Fund | 6,250,000 | 3.22 | 1829.56 | N/A | N/A | N/A |
| Kotak Midcap Fund | 4,057,530 | 1.96 | 1187.76 | 3,807,530 | 2025-12-15 01:56:57 | 6.57% |
| Kotak Large & Midcap Fund | 1,750,000 | 1.71 | 512.28 | N/A | N/A | N/A |
| HDFC Large Cap Fund | 1,388,025 | 1 | 406.32 | N/A | N/A | N/A |
| Aditya Birla Sun Life Flexi Cap Fund | 1,150,000 | 1.36 | 336.64 | N/A | N/A | N/A |
| Mirae Asset Large & Midcap Fund | 853,792 | 0.57 | 249.93 | 1,216,956 | 2025-12-08 05:14:22 | -29.84% |
| Nippon India Multi Cap Fund | 825,862 | 0.48 | 241.75 | N/A | N/A | N/A |
| Kotak Multicap Fund | 768,216 | 1.01 | 224.88 | N/A | N/A | N/A |
| Mirae Asset Midcap Fund | 646,870 | 1.03 | 189.36 | N/A | N/A | N/A |
| HDFC Large and Mid Cap Fund | 620,090 | 0.63 | 181.52 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 42.20 | 45.06 | 72.95 | 63.75 | 40.57 |
| Diluted EPS (Rs.) | 42.20 | 45.06 | 72.95 | 63.75 | 40.57 |
| Cash EPS (Rs.) | 67.99 | 67.52 | 92.04 | 80.89 | 273.98 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 424.50 | 385.93 | 347.20 | 287.97 | 1137.81 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 424.50 | 385.93 | 347.20 | 287.97 | 1137.81 |
| Revenue From Operations / Share (Rs.) | 493.98 | 441.72 | 499.94 | 418.02 | 1393.97 |
| PBDIT / Share (Rs.) | 95.86 | 89.67 | 121.17 | 108.21 | 365.03 |
| PBIT / Share (Rs.) | 69.92 | 67.06 | 101.83 | 90.82 | 289.84 |
| PBT / Share (Rs.) | 57.28 | 56.89 | 94.94 | 86.93 | 267.62 |
| Net Profit / Share (Rs.) | 42.05 | 44.91 | 72.70 | 63.51 | 198.79 |
| NP After MI And SOA / Share (Rs.) | 42.05 | 44.91 | 72.70 | 63.51 | 198.79 |
| PBDIT Margin (%) | 19.40 | 20.30 | 24.23 | 25.88 | 26.18 |
| PBIT Margin (%) | 14.15 | 15.18 | 20.36 | 21.72 | 20.79 |
| PBT Margin (%) | 11.59 | 12.87 | 18.99 | 20.79 | 19.19 |
| Net Profit Margin (%) | 8.51 | 10.16 | 14.54 | 15.19 | 14.26 |
| NP After MI And SOA Margin (%) | 8.51 | 10.16 | 14.54 | 15.19 | 14.26 |
| Return on Networth / Equity (%) | 9.90 | 11.63 | 20.93 | 22.05 | 17.47 |
| Return on Capital Employeed (%) | 12.89 | 13.29 | 21.88 | 23.83 | 18.66 |
| Return On Assets (%) | 5.80 | 6.52 | 11.52 | 11.97 | 9.26 |
| Long Term Debt / Equity (X) | 0.15 | 0.19 | 0.22 | 0.20 | 0.28 |
| Total Debt / Equity (X) | 0.36 | 0.42 | 0.42 | 0.41 | 0.42 |
| Asset Turnover Ratio (%) | 0.69 | 0.66 | 0.86 | 0.76 | 0.64 |
| Current Ratio (X) | 1.13 | 1.03 | 1.17 | 1.18 | 1.10 |
| Quick Ratio (X) | 0.69 | 0.60 | 0.71 | 0.70 | 0.69 |
| Inventory Turnover Ratio (X) | 3.24 | 2.91 | 3.23 | 2.95 | 2.64 |
| Dividend Payout Ratio (NP) (%) | 17.06 | 15.97 | 9.87 | 11.21 | 11.79 |
| Dividend Payout Ratio (CP) (%) | 10.55 | 10.62 | 7.79 | 8.80 | 8.55 |
| Earning Retention Ratio (%) | 82.94 | 84.03 | 90.13 | 88.79 | 88.21 |
| Cash Earning Retention Ratio (%) | 89.45 | 89.38 | 92.21 | 91.20 | 91.45 |
| Interest Coverage Ratio (X) | 7.58 | 8.82 | 17.60 | 27.76 | 16.42 |
| Interest Coverage Ratio (Post Tax) (X) | 4.33 | 5.42 | 11.56 | 17.29 | 9.95 |
| Enterprise Value (Cr.) | 91715.52 | 80584.47 | 75307.61 | 82747.82 | 35228.28 |
| EV / Net Operating Revenue (X) | 6.24 | 6.13 | 5.06 | 6.66 | 4.19 |
| EV / EBITDA (X) | 32.17 | 30.21 | 20.89 | 25.71 | 16.02 |
| MarketCap / Net Operating Revenue (X) | 5.95 | 5.79 | 4.81 | 6.41 | 3.88 |
| Retention Ratios (%) | 82.93 | 84.02 | 90.12 | 88.78 | 88.20 |
| Price / BV (X) | 6.92 | 6.63 | 6.93 | 9.30 | 4.75 |
| Price / Net Operating Revenue (X) | 5.95 | 5.79 | 4.81 | 6.41 | 3.88 |
| EarningsYield | 0.01 | 0.01 | 0.03 | 0.02 | 0.03 |
After reviewing the key financial ratios for SRF Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 42.20. This value is within the healthy range. It has decreased from 45.06 (Mar 24) to 42.20, marking a decrease of 2.86.
- For Diluted EPS (Rs.), as of Mar 25, the value is 42.20. This value is within the healthy range. It has decreased from 45.06 (Mar 24) to 42.20, marking a decrease of 2.86.
- For Cash EPS (Rs.), as of Mar 25, the value is 67.99. This value is within the healthy range. It has increased from 67.52 (Mar 24) to 67.99, marking an increase of 0.47.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 424.50. It has increased from 385.93 (Mar 24) to 424.50, marking an increase of 38.57.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 424.50. It has increased from 385.93 (Mar 24) to 424.50, marking an increase of 38.57.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 493.98. It has increased from 441.72 (Mar 24) to 493.98, marking an increase of 52.26.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 95.86. This value is within the healthy range. It has increased from 89.67 (Mar 24) to 95.86, marking an increase of 6.19.
- For PBIT / Share (Rs.), as of Mar 25, the value is 69.92. This value is within the healthy range. It has increased from 67.06 (Mar 24) to 69.92, marking an increase of 2.86.
- For PBT / Share (Rs.), as of Mar 25, the value is 57.28. This value is within the healthy range. It has increased from 56.89 (Mar 24) to 57.28, marking an increase of 0.39.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 42.05. This value is within the healthy range. It has decreased from 44.91 (Mar 24) to 42.05, marking a decrease of 2.86.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 42.05. This value is within the healthy range. It has decreased from 44.91 (Mar 24) to 42.05, marking a decrease of 2.86.
- For PBDIT Margin (%), as of Mar 25, the value is 19.40. This value is within the healthy range. It has decreased from 20.30 (Mar 24) to 19.40, marking a decrease of 0.90.
- For PBIT Margin (%), as of Mar 25, the value is 14.15. This value is within the healthy range. It has decreased from 15.18 (Mar 24) to 14.15, marking a decrease of 1.03.
- For PBT Margin (%), as of Mar 25, the value is 11.59. This value is within the healthy range. It has decreased from 12.87 (Mar 24) to 11.59, marking a decrease of 1.28.
- For Net Profit Margin (%), as of Mar 25, the value is 8.51. This value is within the healthy range. It has decreased from 10.16 (Mar 24) to 8.51, marking a decrease of 1.65.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 8.51. This value is within the healthy range. It has decreased from 10.16 (Mar 24) to 8.51, marking a decrease of 1.65.
- For Return on Networth / Equity (%), as of Mar 25, the value is 9.90. This value is below the healthy minimum of 15. It has decreased from 11.63 (Mar 24) to 9.90, marking a decrease of 1.73.
- For Return on Capital Employeed (%), as of Mar 25, the value is 12.89. This value is within the healthy range. It has decreased from 13.29 (Mar 24) to 12.89, marking a decrease of 0.40.
- For Return On Assets (%), as of Mar 25, the value is 5.80. This value is within the healthy range. It has decreased from 6.52 (Mar 24) to 5.80, marking a decrease of 0.72.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.15. This value is below the healthy minimum of 0.2. It has decreased from 0.19 (Mar 24) to 0.15, marking a decrease of 0.04.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.36. This value is within the healthy range. It has decreased from 0.42 (Mar 24) to 0.36, marking a decrease of 0.06.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.69. It has increased from 0.66 (Mar 24) to 0.69, marking an increase of 0.03.
- For Current Ratio (X), as of Mar 25, the value is 1.13. This value is below the healthy minimum of 1.5. It has increased from 1.03 (Mar 24) to 1.13, marking an increase of 0.10.
- For Quick Ratio (X), as of Mar 25, the value is 0.69. This value is below the healthy minimum of 1. It has increased from 0.60 (Mar 24) to 0.69, marking an increase of 0.09.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.24. This value is below the healthy minimum of 4. It has increased from 2.91 (Mar 24) to 3.24, marking an increase of 0.33.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 17.06. This value is below the healthy minimum of 20. It has increased from 15.97 (Mar 24) to 17.06, marking an increase of 1.09.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 10.55. This value is below the healthy minimum of 20. It has decreased from 10.62 (Mar 24) to 10.55, marking a decrease of 0.07.
- For Earning Retention Ratio (%), as of Mar 25, the value is 82.94. This value exceeds the healthy maximum of 70. It has decreased from 84.03 (Mar 24) to 82.94, marking a decrease of 1.09.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 89.45. This value exceeds the healthy maximum of 70. It has increased from 89.38 (Mar 24) to 89.45, marking an increase of 0.07.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 7.58. This value is within the healthy range. It has decreased from 8.82 (Mar 24) to 7.58, marking a decrease of 1.24.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 4.33. This value is within the healthy range. It has decreased from 5.42 (Mar 24) to 4.33, marking a decrease of 1.09.
- For Enterprise Value (Cr.), as of Mar 25, the value is 91,715.52. It has increased from 80,584.47 (Mar 24) to 91,715.52, marking an increase of 11,131.05.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 6.24. This value exceeds the healthy maximum of 3. It has increased from 6.13 (Mar 24) to 6.24, marking an increase of 0.11.
- For EV / EBITDA (X), as of Mar 25, the value is 32.17. This value exceeds the healthy maximum of 15. It has increased from 30.21 (Mar 24) to 32.17, marking an increase of 1.96.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 5.95. This value exceeds the healthy maximum of 3. It has increased from 5.79 (Mar 24) to 5.95, marking an increase of 0.16.
- For Retention Ratios (%), as of Mar 25, the value is 82.93. This value exceeds the healthy maximum of 70. It has decreased from 84.02 (Mar 24) to 82.93, marking a decrease of 1.09.
- For Price / BV (X), as of Mar 25, the value is 6.92. This value exceeds the healthy maximum of 3. It has increased from 6.63 (Mar 24) to 6.92, marking an increase of 0.29.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 5.95. This value exceeds the healthy maximum of 3. It has increased from 5.79 (Mar 24) to 5.95, marking an increase of 0.16.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in SRF Ltd:
- Net Profit Margin: 8.51%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 12.89% (Industry Average ROCE: 10.57%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 9.9% (Industry Average ROE: 8.89%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 4.33
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.69
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 55.4 (Industry average Stock P/E: 33.22)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.36
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 8.51%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Chemicals - Others | Unit Nos. 236 & 237, 2nd Floor, DLF Galleria, Mayur Place, Delhi Delhi 110091 | info@srf.com http://www.srf.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Arun Bharat Ram | Chairman Emeritus |
| Mr. Ashish Bharat Ram | Chairman & Managing Director |
| Mr. Kartik Bharat Ram | Joint Managing Director |
| Mr. Pramod G Gujarathi | Director |
| Mr. Vellayan Subbiah | Non Exe.Non Ind.Director |
| Ms. Bharti Gupta Ramola | Independent Director |
| Mr. Puneet Yadu Dalmia | Independent Director |
| Mr. Yash Gupta | Independent Director |
| Mr. Raj Kumar Jain | Independent Director |
| Ms. Ira Gupta | Independent Director |
| Mr. Vineet Agarwal | Independent Director |
FAQ
What is the intrinsic value of SRF Ltd?
SRF Ltd's intrinsic value (as of 15 December 2025) is 2065.29 which is 31.70% lower the current market price of 3,024.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 89,627 Cr. market cap, FY2025-2026 high/low of 3,325/2,197, reserves of ₹12,966 Cr, and liabilities of 22,261 Cr.
What is the Market Cap of SRF Ltd?
The Market Cap of SRF Ltd is 89,627 Cr..
What is the current Stock Price of SRF Ltd as on 15 December 2025?
The current stock price of SRF Ltd as on 15 December 2025 is 3,024.
What is the High / Low of SRF Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of SRF Ltd stocks is 3,325/2,197.
What is the Stock P/E of SRF Ltd?
The Stock P/E of SRF Ltd is 55.4.
What is the Book Value of SRF Ltd?
The Book Value of SRF Ltd is 447.
What is the Dividend Yield of SRF Ltd?
The Dividend Yield of SRF Ltd is 0.24 %.
What is the ROCE of SRF Ltd?
The ROCE of SRF Ltd is 12.3 %.
What is the ROE of SRF Ltd?
The ROE of SRF Ltd is 10.4 %.
What is the Face Value of SRF Ltd?
The Face Value of SRF Ltd is 10.0.