SRF Ltd.

NSE: SRF | BSE: 503806 | ISIN: INE647A01010 | Industry: Specialty Chemicals
| Mid-range Performer
2971.7000 -13.80 (-0.46%)
NSE Sep 12, 2025 15:31 PM
Volume: 380.6K
 

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SRF Ltd.
01 Aug 2020
2971.70
-0.46%
Motilal Oswal
However, the COVID-19 pandemic and Auto sector slowdown impacted Technical Textiles and Refrigerant segments. Factoring in the estimate beat, we have increased FY21/FY22E earnings by 1QFY21 revenue declined 12% YoY to INR15.5b (v/s est. Significant impact in white goods and automobile revenue declined 3% YoY to INR6.8b with margin expansion of 11.8pp YoY to 32.6% (EBIT grew 52% YoY). Margin expansion was due to higher spreads, led by supply-demand mismatch and higher share of value- added products, resulting in higher value realizations across revenue plunged 63% YoY to INR1.4b due to significant slowdown in demand from tyre majors. SRF already has 95kMT capacity, which is Performance in 1QFY21 was impacted due to the COVID-19 pandemic and auto slowdown. While sluggishness in autos dented performance of the Technical Textiles business, the slowdown in white goods/auto impacted the Refrigerants However, strong margin expansion was witnessed in Packaging Film segment due to demand-supply mismatch and higher share of value-added products.
Number of FII/FPI investors increased from 643 to 670 in Jun 2025 qtr.
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