SRF share price
NSE: SRFBSE: 503806Chemicals & PetrochemicalsMid Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹2,340.00.
27 Oct: open ₹2,320.00, high ₹2,344.00, low ₹2,305.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹69,215 Cr134th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 30.32
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.52
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.43%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 16.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 15.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.34
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 4,27,46459.7% delivered
About SRF
SRF Limited is a chemicals-based, multi-business conglomerate that makes industrial and specialty intermediates (chemicals used to make other products), packaging films and aluminium foil, technical textiles, and coated and laminated fabrics.123 Its products range from refrigerant gases to tyre cord fabric, and its customers span industries including automotive, pharmaceuticals, air conditioning and refrigeration, agrochemicals, food and agriculture, renewable energy and FMCG, in India and abroad.345
It operates 16 manufacturing facilities, 13 in India and the rest in Thailand, South Africa and Hungary, has an office in Dubai, and has commercial interests in over 90 countries.5 In India, chemicals are made at Dahej in Gujarat and Bhiwadi in Rajasthan, films at 3 plants in Indore, Madhya Pradesh, and technical textiles at Manali, Gummidipoondi and Viralimalai in Tamil Nadu and at Malanpur in Madhya Pradesh.6 Wholly owned subsidiaries make performance films in Thailand, South Africa and Hungary.7
It was incorporated in 1970.8 Its parent company is KAMA Holdings Limited, which owns a majority stake in SRF and is chaired by Kartik Bharat Ram, Joint Managing Director.29 Kartik Bharat Ram and Ashish Bharat Ram, Chairman and Managing Director, are sons of the promoter Arun Bharat Ram.9
SRF key points
Results
- Consolidated results, quarter to Sep 2026101112Operational EBIT is the company's measure of operating profit before interest and tax.
Item quarter to Sep 2026 quarter to Sep 2025 Revenue from operations ₹4,904.2 crore ₹3,640.2 crore Operational EBIT ₹816.0 crore ₹650.1 crore Profit after tax ₹509.1 crore ₹388.2 crore - Consolidated results, year to Mar 2026131415EBITDA is profit before interest, tax, depreciation and amortisation.
Item year to Mar 2026 year to Mar 2025 Revenue from operations ₹15,786.51 crore ₹14,693.07 crore EBITDA ₹3,705 crore – Operational EBIT ₹3,008 crore – Profit after tax ₹1,835.18 crore ₹1,250.78 crore
Business segments
- Revenue by segment, ₹ crore, quarter to Sep 2026103
Item quarter to Sep 2026 quarter to Sep 2025 Chemicals 2,079.5 1,666.9 Performance films and foil 2,122.4 1,408.1 Technical textiles 595.1 474.3 Others (coated and laminated fabrics) 107.2 90.8 - Chemicals. Fluorochemicals such as refrigerants, pharmaceutical propellants, chloromethanes, hydrogen fluoride and fluoropolymers (heat- and chemical-resistant plastics), and specialty intermediates for pharmaceutical and agrochemical makers. Operational EBIT was ₹528 crore in the quarter to Sep 2026, against ₹481 crore a year earlier.161718
- Performance films and foil. BOPP and BOPET films (stretched plastic films, mainly for packaging), CPP and capacitor-grade films, and aluminium foil through SRF Altech. Operational EBIT was ₹206 crore in the quarter to Sep 2026, against ₹119 crore a year earlier.161920
- Technical textiles. Nylon and polyester tyre cord fabric, belting fabric and industrial yarn. Operational EBIT was ₹72 crore in the quarter to Sep 2026, against ₹42 crore a year earlier.321
Where revenue comes from
- Exports made up 51% of consolidated revenue in the year to Mar 2026.15
Plants and capacity
- Technical textiles capacity is 60,000 tonnes a year of tyre cord fabric; belting fabric capacity at Viralimalai, Tamil Nadu, is 22,000 tonnes a year.22
- A CPP (cast polypropylene) film line was commissioned in Nov 2025, and a capacitor-grade film line in the quarter to Jun 2026; commercial sales of capacitor-grade film have begun.2324
- On its earnings call of 20 Jan 2026, the company said it cannot add HFC refrigerant capacity, as quotas under the Kigali Amendment (a global pact to cut HFC use) rest on average output in 2024, 2025 and 2026.2526
Customers and partners
Research and development
- Its Chemicals Technology Group (CTG) at Bhiwadi and Gurugram leads chemicals R&D; in the year to Mar 2026 it worked on over 50 molecules, more than 35 reached scale-up and over half of those were commercialised.2829
- In its presentation of 22 Oct 2026, the company said site work was under way for EHF (a chip wafer-cleaning chemical), to be capitalised (completed and put into use) in the quarter to Dec 2027, and a polyester thick film project was under implementation.3031
Expansion and capital spending
- The company stated in its annual report for the year to Mar 2026 that it plans capital spending of about ₹2,500 crore in the coming year.32
- The company stated in its annual report for the year to Mar 2026 that it plans to invest about ₹2,300 crore over 2 years at a new Odisha site, including a 20,000 tonnes a year HFO plant (low global-warming refrigerants) and backward integration into intermediates.333435
- In its presentation of 22 Oct 2026, the company said the HFO project had environmental clearance and was on track to be capitalised in the quarter to Mar 2028.31
- In its presentation of 22 Oct 2026, the company said its board had approved an aluminium foil project for batteries, with a 23-month first phase, and that final commissioning of its PVDF plant (a fluoropolymer used in battery binders) was under way.24
Litigation and regulatory matters
- In a notice dated 29 Sep 2026, GST authorities in Vadodara proposed disallowing ₹266.32 crore of input tax credit (credit for GST paid on purchases) claimed in earlier years; the company said on 1 Oct 2026 it intends to contest it.36
- An income tax demand of ₹327.44 crore, which the company attributed to a technical error, was cut to ₹9.46 crore on rectification; on 27 Jul 2026 the company said it was weighing legal recourse for the rest.37
- A 22 Jan 2026 filing disclosed customs duty and penalty of about ₹38.49 crore imposed by the Commissioner of Customs, Chennai-II, over the classification of imported raw materials; by its annual report of 6 Jun 2026 the company had appealed to CESTAT (a tax tribunal).3839
- A 16 Dec 2025 filing disclosed an income tax tribunal (ITAT) case on carbon emission reduction certificates, put at about ₹99 crore of tax. On 20 Jan 2026, the company said it booked ₹99 crore as a tax credit after a favourable ITAT order.4041
Last updated
All 41 sources, each with its page
- 1. Annual report, 6 Jun 2026, page 105
- 2. Annual report, 6 Jun 2026, page 191
- 3. Annual report, 6 Jun 2026, page 170
- 4. Annual report, 6 Jun 2026, page 58
- 5. Annual report, 6 Jun 2026, page 105
- 6. Annual report, 6 Jun 2026, page 57
- 7. Annual report, 6 Jun 2026, page 88
- 8. Annual report, 6 Jun 2026, page 57
- 9. Annual report, 6 Jun 2026, page 85
- 10. Investor presentation, 22 Oct 2026, page 7
- 11. Investor presentation, 22 Oct 2026, page 8
- 12. Investor presentation, 22 Oct 2026, page 5
- 13. Annual report, 6 Jun 2026, page 88
- 14. Investor presentation, 22 Oct 2026, page 25
- 15. Investor presentation, 22 Oct 2026, page 29
- 16. Annual report, 6 Jun 2026, page 33
- 17. Annual report, 6 Jun 2026, page 104
- 18. Investor presentation, 22 Oct 2026, page 9
- 19. Annual report, 6 Jun 2026, page 88
- 20. Investor presentation, 22 Oct 2026, page 11
- 21. Investor presentation, 22 Oct 2026, page 12
- 22. Annual report, 6 Jun 2026, page 34
- 23. Annual report, 6 Jun 2026, page 107
- 24. Investor presentation, 22 Oct 2026, page 17
- 25. Earnings call, 20 Jan 2026, page 15
- 26. Earnings call, 20 Jan 2026, page 13
- 27. Earnings call, 20 Jan 2026, page 14
- 28. Annual report, 6 Jun 2026, page 27
- 29. Annual report, 6 Jun 2026, page 106
- 30. Investor presentation, 22 Oct 2026, page 17
- 31. Investor presentation, 22 Oct 2026, page 18
- 32. Annual report, 6 Jun 2026, page 5
- 33. Annual report, 6 Jun 2026, page 4
- 34. Annual report, 6 Jun 2026, page 25
- 35. Earnings call, 20 Jan 2026, page 5
- 36. Exchange filing, 1 Oct 2026, page 1
- 37. Exchange filing, 27 Jul 2026, page 1
- 38. Exchange filing, 22 Jan 2026, page 1
- 39. Annual report, 6 Jun 2026, page 63
- 40. Exchange filing, 16 Dec 2025, page 2
- 41. Earnings call, 20 Jan 2026, page 6
Results
Consolidated; ₹ crore.SRF quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +19.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +41.1%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹4,904 Crdown 2.56%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹509 Crdown 32.91%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 10.4%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,491 | 4,313 | 3,819 | 3,640 | 3,713 | 4,615 | 5,033 | 4,904 |
| Net profit | 271 | 526 | 432 | 388 | 433 | 582 | 759 | 509 |
| Net margin | 7.8% | 12.2% | 11.3% | 10.7% | 11.7% | 12.6% | 15.1% | 10.4% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹15,787 Crup 7.44%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,835 Crup 46.72%
- Net margin
- 11.6%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2020, the company reports a discontinued business.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,137 | 5,685 | 7,693 | 7,209 | 8,400 | 12,434 | 14,870 | 13,139 | 14,693 | 15,787 |
| Net profit | 515 | 462 | 642 | 1,019 | 1,198 | 1,889 | 2,162 | 1,336 | 1,251 | 1,835 |
| Net margin | 10.0% | 8.1% | 8.3% | – | 14.3% | 15.2% | 14.5% | 10.2% | 8.5% | 11.6% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Chemicals Business (CB)Chemicals Business (CB), share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹7,779 Crup 16.26%49.3%
- Performance Films & Foil Business (PFB)Performance Films & Foil Business (PFB), share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹5,764 Crup 3.79%36.5%
- Technical Textiles Business (TTB)Technical Textiles Business (TTB), share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,877 Crdown 7.49%11.9%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹366 Crdown 14.31%2.3%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2020: days before it are of the company before the change.SRF PE ratio and valuation
At or below today's level on 43% of 2,478 trading days over the last 10 years.
At or below today's level on 19% of 1,978 trading days since Nov 2018.
At or below today's level on 70% of 2,478 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −16.7% | +46.0% | −43.2% | 0.4% |
| 3 years | +0.7% | −5.3% | +6.0% | 0.3% |
| 5 years | +17.9% | +8.5% | +8.4% | 0.3% |
Mutual fund holdings
194 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 98 of the 112 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.All 194 funds holding SRF
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 3
- AddedAdded. Funds that held more shares than at the end of the month before.
- 59
- CutCut. Funds that held fewer shares than at the end of the month before.
- 53
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 74
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 6
| Fund | |||
|---|---|---|---|
| 62,00,000 | 2.89% | ₹1,533.0 Cr | |
| 40,57,530 | 1.51% | ₹1,003.2 Cr | |
| 27,00,000 | 2.87% | ₹667.6 Cr | |
| 17,50,000 | 1.41% | ₹432.7 Cr | |
| 15,42,314 | 0.89% | ₹381.3 Cr | |
| 14,09,405 | 2.21% | ₹348.5 Cr | |
| 13,91,433 | 1.03% | ₹344.0 Cr | |
| 13,88,025 | 0.92% | ₹343.2 Cr | |
| 13,50,000 | 1.19% | ₹333.8 Cr | |
| 10,98,551 | 1.39% | ₹271.6 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.SRF insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
- Others: no market trade · 4 pledge filings of unclear kind
SRF competitors and peers
Specialty Chemicals, 130 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to SRF in market cap.Chemical companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1,47,688 | 55.75 | 13.63 | +14.1% | +21.4% | 25.7% | 30.3% | 0.79% | |
| 46,529 | 75.66 | 5.92 | +9.5% | −1.1% | 8.1% | 9.8% | 0.07% | |
| 42,350 | 53.63 | 10.66 | +42.4% | +122.7% | 23.9% | 20.7% | 0.18% | |
| 20,406 | – | 8.31 | +33.8% | – | – | 10.7% | 0.00% | |
| 19,525 | 24.93 | 3.35 | +7.1% | +29.2% | 14.0% | 14.8% | 0.52% | |
| 15,938 | 20.65 | 2.42 | +18.1% | +42.4% | 12.4% | 12.5% | 0.55% | |
| 15,805 | 29.75 | 2.65 | +27.1% | +123.7% | 9.2% | 7.9% | 0.23% | |
| 15,660 | 35.74 | 5.88 | +7.3% | +5.7% | 17.7% | 17.6% | 0.22% |
Dividends
Per share, by the year it was paid for, and the latest payments.SRF dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 28 Jul 2026 | Interim | ₹5.00 |
| 27 Jan 2026 | Interim | ₹5.00 |
| 29 Jul 2025 | Interim | ₹4.00 |
| 4 Feb 2025 | Interim | ₹3.60 |
| 31 Jul 2024 | Interim | ₹3.60 |
| 7 Feb 2024 | Interim | ₹3.60 |
Latest announcements
Routine notices left out.SRF announcements
Oct 2026
21 Oct · Business
21 Oct · Business
21 Oct · Results
16 Oct · Analysts
14 Oct · Board meeting
SRF share price by year
Each calendar year to 2025.SRF share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 3,075.00 | +37.4% | 3,286.50 | 2,211.30 |
| 2024 | 2,237.95 | −9.7% | 2,669.05 | 2,143.65 |
| 2023 | 2,479.25 | +8.2% | 2,587.40 | 2,105.20 |
| 2022 | 2,290.35 | −5.4% | 2,826.05 | 2,052.70 |
| 2021 | 2,420.10 | +117.1% | 2,491.37 | 1,050.61 |
| 2020 | 1,114.78 | +62.2% | 1,114.78 | 530.99 |
| 2019 | 687.22 | +71.8% | 687.22 | 393.29 |
| 2018 | 399.93 | +0.9% | 480.40 | 312.66 |
| 2017 | 396.24 | +28.1% | 396.24 | 287.09 |
| 2016 | 309.29 | +22.3% | 384.97 | 207.25 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 2,290.00 | 2,340.00 | 2,270.10 | 2,340.00 | 2,306.86 | 2,08,891 | 41.9% |
| 23 Oct 2026 | 2,344.10 | 2,392.20 | 2,296.80 | 2,310.00 | 2,337.38 | 5,11,887 | 30.7% |
| 22 Oct 2026 | 2,275.00 | 2,372.50 | 2,178.30 | 2,330.60 | 2,297.93 | 19,14,945 | 34.8% |
| 21 Oct 2026 | 2,430.00 | 2,442.70 | 2,260.00 | 2,305.00 | 2,331.87 | 7,24,881 | 35.1% |
| 19 Oct 2026 | 2,472.10 | 2,474.70 | 2,415.10 | 2,432.00 | 2,434.04 | 2,15,333 | 44.6% |
| 16 Oct 2026 | 2,495.00 | 2,498.60 | 2,461.20 | 2,472.10 | 2,477.58 | 2,40,749 | 65.3% |
| 15 Oct 2026 | 2,499.70 | 2,510.70 | 2,467.30 | 2,492.80 | 2,489.93 | 2,39,457 | 40.9% |
| 14 Oct 2026 | 2,492.00 | 2,521.40 | 2,472.00 | 2,499.70 | 2,497.72 | 1,67,418 | 55.9% |
| 13 Oct 2026 | 2,469.20 | 2,494.90 | 2,452.50 | 2,492.00 | 2,472.78 | 1,30,764 | 62.7% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 13 Oct 2021 | Bonus | 0.2000 | Holders received 4 bonus shares for every 1 held. |
| 21 Jan 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
Company details
- NSE symbol
- SRF
- BSE code
- 503806
- ISIN
- INE647A01010
- Industry
- Chemicals & Petrochemicals
- Website
- www.srf.com
- CIN
- L18101DL1970PLC005197
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1970
- Registered office
- The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, 2nd floor, Mayur Place, Noida Link Road, Mayur Vihar Phase I Extn, New Delhi 110091, Delhi
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments