SRF Ltd.

NSE: SRF | BSE: 503806 | ISIN: INE647A01010 | Industry: Specialty Chemicals
| Mid-range Performer
2880.0000 18.80 (0.66%)
NSE Aug 11, 2025 15:31 PM
Volume: 244.5K
 

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SRF Ltd.
05 Nov 2019
2880.00
0.66%
Reliance Securities
SRF has delivered a steady operating performance in 2QFY20 largely on the back of healthy chemicals business. EBITDA grew by 5.6% YoY to Rs3.35bn (vs. our estimate of Rs3.62bn), while EBITDA margin rose by 120bps YoY to 19.3% (vs. our estimate of 17.8%). Adjusting for a one-off expense of Rs288mn (pertaining to stamp duty paid related to tyre cord division in MP), its EBITDA grew by 14.7% YoY to Rs3.64bn, while margin expanded by 280bps to 20.9%. However, its revenue fell by 1% YoY to Rs17.38bn vs. Our estimate of Rs20.35bn. PAT grew by 40.5% YoY to Rs2.05bn (vs. our estimate ofRs1.82bn) primarily on account of lower tax rate of 2% (vs. 22.6%...
SRF Ltd. is trading above its 200 day SMA of 2764.9
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