SRF Ltd.

NSE: SRF | BSE: 503806 | ISIN: INE647A01010 | Industry: Specialty Chemicals
| Mid-range Performer

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SRF Ltd.
14 May 2019, 12:00AM
3088.60
1.47%
Motilal Oswal
FY19 performance: Revenue grew 38%, with the margin expanding 170bp to 17.9%. Adj. PAT increased 60.2%. Chemicals/Packaging compensate for drag from Technical Textiles: The Technical Textile margin shrank 270bp YoY to 11.7% in the quarter owing to an inventory loss (INR50-100m) due to RM price volatility and lower sales volumes due to sluggishness in the auto sector. However, this adverse impact was offset by the Chemicals/Packaging segments, where revenue grew 65.8%/18.3% YoY and margins expanded 160bp (to 19.8%)/330bp (to...
Prabhudas Lilladhar decreased Hold price target of SRF Ltd. to 2947.0 on 29 Sep, 2025.
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