SRF

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA+ by 2 agencies.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 35% and profit rose 31% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 50% of the company, about the same as in Sep 2025.
• ValuationCheap vs its pastThe share trades at 29 times its yearly earnings (P/E), cheaper than 99% of the time in the last 5 years. Its usual P/E is about 23.

SRF against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)29 against a typical 22.7: pricier than most peers (1st = cheapest).42nd of 72
• Sales growth+34.7% against a typical +12.7% from a year earlier.19th of 65
• Profit growth+31.2% against a typical +13.6% from a year earlier.20th of 49
• Share price, 3 months−11.7% against a typical −2.1%.48th of 65
• Size₹ 68,444.5 Cr. market value against a typical ₹ 131.2 Cr. (1st = largest).1st of 69

Exchange filings and their impact on the company.

• 21 Oct 2026Capacity additionLow impactPositivePrice −5.2% that day
  SRF approved Rs 600 cr battery-foil plant in MP in two phases, with Rs 300 cr Phase-1 spend ahead.

  SRF's board on 21 October 2026 approved a project to make aluminium foil for battery applications for energy storage and EVs through its wholly owned subsidiary SRF Altech. The plant will come up at the subsidiary's existing site at Jetapur in Madhya Pradesh at a total cost of about Rs 600 crore in two phases of Rs 300 crore each. It is a construction-phase capex with no sales contribution in the next 12 months, but it positions SRF in the growing domestic battery materials market.

  Full analysisFiling
• 21 Oct 2026Outcome of Board MeetingHigh impactPositivePrice −5.2% that day
  Strong YoY growth with Q2 revenue up 35% and PAT up 31%, but margins slipped sharply sequentially.

  SRF reported consolidated Q2 FY27 revenue of Rs 4904 crore, up 35% from last year but down 3% from Q1, and net profit of Rs 509 crore, up 31% year-on-year but down 33% sequentially. For the first half, revenue was Rs 9937 crore and profit was Rs 1268 crore, up 33% and 55% respectively. Growth was led by Performance Films and Chemicals, but operating margin fell to 15.1% in Q2 on higher costs and forex losses, while capex and working capital build raised borrowings.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Ashish Bharat Ram

Executive Chairman of the Board, Managing Director

Samir Kashyap

President, Chief Financial Officer

Rajat Lakhanpal

Senior Vice President - Compliance Officer, Company Secretary

Kartik Bharat Ram

Joint Managing Director, Executive Director

Pramod Gopaldas Gujarathi

Whole Time Director, Director - Safety and Environment and Occupier