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Company details

2,463.20
2,514.90
1,730.39
2,773.00
6M Return 1.65%
1Y Return 37.89%
Mkt Cap.(Cr) 73,482.77
Volume 10,120
Div Yield 0.67%
OI
-
OI Chg %
-
Volume 10,120

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Data not found

Investment recommendation

Decent Performance across all segments…

Call Date

25 Jul 2022

Entry Price

2,291.00

Target Price

2,735.00

Duration

12-18 Month

Rapid Results

Q1FY23 Quarterly Result Announced for SRF Ltd.

Specialty Chemicals firm SRF Announced Q1FY23 Result :

  • The consolidated revenue of the company grew 44% from Rs 2,699 crore to Rs 3,895 crore in Q1FY23 when compared with Corresponding Period Last Year (CPLY). The company’s Earnings before Interest and Tax (EBIT) increased 58% from Rs 595 crore to Rs 938 crore in Q1FY23 when compared with CPLY. The company’s Profit after Tax (PAT) increased 54% from Rs 395 crore to Rs 608 crore in Q1FY23 when compared with CPLY.
  • The Chemicals Business reported an increase of 55% in its segment revenue from Rs 1,114 crore to 1,722 crore during Q1FY23 over CPLY. The operating profit of the Chemicals Business increased 134% from Rs 222 crore to Rs 520 crore in Q1FY23 over CPLY. During the quarter, the Fluorochemicals Business performed exceedingly well owing to higher sales volumes in the refrigerants, pharma propellants, and the blends segments with better sales realizations, especially from the export markets. In addition, healthy contribution from the chloromethanes segment augmented the overall results. The Specialty Chemicals Business performed well on account of strong demand for flagship products and the downstream derivatives. New products are gaining significant traction, resulting in SRF’s capital expenditure plans for the business being robust.
  • The Packaging Films Business reported an increase of 44% in its segment revenue from Rs 1,041 crore to Rs 1,496 crore during Q1FY23 when compared with CPLY. The operating profit of the Packaging Films Business increased 25% from Rs 237 crore to Rs 295 crore in Q1FY23 over CPLY. During the quarter, the Business witnessed a slight slowdown in demand for BOPET and BOPP films, which impacted the overall margins. However, our customer centric approach of ‘Easy to do Business With’, coupled with enhanced sales of Value-Added Products (VAPs) contributed positively to the overall performance. crore to Rs 571 crore during Q1FY23 over CPLY. The operating profit of the Technical Textiles Business declined 13% from Rs 134 crore to Rs 116 crore in Q1FY23 over CPLY. The Business has performed in line with expectations with increased export volumes from the Nylon Tyre Cord and Belting Fabrics segments. However, the domestic demand for our portfolio of products remained muted.

Commenting on the results, Chairman and Managing Director, Ashish Bharat Ram said, “It has been a stellar quarter for the Company. The outlook for our Chemicals Business remains strong and we believe the investment intensity will increase in this segment. While our Packaging Films Business performed very well, we see strong headwinds for the Business with weak global demand and inventory losses in the short term."

 

 

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 8,562.14 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 2,384.58 23,141.09
LAST 3M 49,521.50 -18,551.54
LAST 6M 129,719.68 -157,153.27
LAST 12M 215,295.98 -222,611.80
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Jul 28, 2022 Dividend 36
Feb 03, 2022 Dividend 47.5
Oct 13, 2021 Bonus 4:1

Information

  • About Company
  • Company Info
  • Listing Info
35.23
50.73%
288.8127
23.62%
24.5%

Registered Address

Unit No 236 & 237 2nd Flr, Mayur Place Mayur Vihar Ph-I, New Delhi, New Delhi, 110091

Tel : 91-11-4948 2870
Email : ekta.maheshwari:srf.com
Website : http://www.srf.com

Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 503806
NSE Code : SRF
Book Closure Date (Month) :
BSE Group : A
ISIN : INE647A01010

ICICIdirect SRF Ltd FAQ

You can buy SRF Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy SRF Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 08, 2022 04:01 PM the closing price of SRF Ltd was ₹ 2,479.00.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Aug 08, 2022 04:01 PM, the market cap of SRF Ltd stood at ₹ 73,482.77.
The latest PE ratio of SRF Ltd as of Aug 08, 2022 04:01 PM is 35.23
The latest PB ratio of SRF Ltd as of Aug 08, 2022 04:01 PM is 0.12
The 52-week high of SRF Ltd is ₹ 2,773.00 while the 52-week low is ₹ 1,730.39 .
According to analyst recommendations, SRF Ltd has a “Buy” rating for the long term.

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