SRF Limited

Chemicals · Chemicals & Petrochemicals

NSE: SRF BSE: 503806

₹2472.50

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Chemicals & Petrochemicals

The largest companies in the same industry by market cap. This company ranks #3 of 221. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Solar Industries India Limited	178,265	137.1	26.5%	47.3%	—	95	7	50
Pidilite Industries Limited	149,114	58.1	22.4%	-0.7%	0.78%	91	0	27
SRF Limited (this stock)	73,291	38.7	13.1%	-14.9%	0.40%	73	8	14
Linde India Limited	53,925	98.3	12.9%	0.9%	0.06%	74	0	50
Gujarat Fluorochemicals Limited	48,392	69.5	7.3%	18.6%	0.07%	75	0	30
Navin Fluorine International Limited	42,290	74.7	16.7%	78.1%	—	83	33	48
Himadri Speciality Chemical Limited	34,198	43.0	15.9%	51.2%	0.12%	84	25	67
Aether Industries Limited	22,552	123.9	8.9%	125.9%	—	81	0	85

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹76,107 Cr

EV / EBITDA

23.1x

EV / Sales

5.77x

Market cap / Sales

5.56x

Earnings yield

2.58%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 3,841 Cr, up 24.9% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 566 Cr, up 42.6% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	3,802	760	566	₹19.1000
March 31, 2026	3,576	678	507	₹17.1100
Dec. 31, 2025	2,952	480	458	₹15.4500
Sept. 30, 2025	2,853	483	363	₹12.2300
June 30, 2025	3,040	533	397	₹13.3900
March 31, 2025	3,496	689	513	₹17.3100
Dec. 31, 2024	2,762	375	280	₹
Sept. 30, 2024	2,704	303	225	₹7.5900
June 30, 2024	2,736	336	250	₹8.4300
March 31, 2024	2,920	459	437	₹14.7500
Dec. 31, 2023	2,506	352	263	₹8.8700
Sept. 30, 2023	2,587	416	309	₹10.4200
June 30, 2023	2,774	491	365	₹12.3300

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	3,841	3,606	2,985	2,883	3,075	3,540	2,747	2,771	2,952	2,534	2,625	2,795	3,176
Operating revenue	3,802	3,576	2,952	2,853	3,040	3,496	2,704	2,736	2,920	2,506	2,587	2,774	3,142
Other income	39	31	33	30	35	44	44	35	33	28	38	21	34
Operating expenses	2,853	2,695	2,208	2,178	2,316	2,620	2,213	2,204	2,272	1,989	2,013	2,122	2,244
Operating profit	949	881	743	675	724	876	490	532	647	517	574	651	899
Operating profit margin	25.0%	24.6%	25.2%	23.7%	23.8%	25.1%	18.1%	19.4%	22.2%	20.6%	22.2%	23.5%	28.6%
Depreciation	178	177	176	170	166	158	158	155	153	141	133	129	126
Interest	50	44	48	52	60	73	72	76	68	52	63	52	56
Exceptional items, gain / (loss)	—	-11	-73	—	—	—	—	—	—	—	—	—	—
Profit before tax	760	678	480	483	533	689	303	336	459	352	416	491	749
Tax	193	171	22	120	136	176	78	86	22	89	107	126	169
Net profit	566	507	458	363	397	513	225	250	437	263	309	365	581
EPS	19.10	17.11	15.45	12.23	13.39	17.31	7.59	8.43	14.75	8.87	10.42	12.33	19.59
Net profit (TTM)	1,894	1,725	1,731	1,498	1,385	1,425	1,175	1,259	1,374	1,518	1,750	1,880	2,023
EPS (TTM)	63.89	58.18	58.38	50.52	46.72	48.08	39.64	42.47	46.37	51.21	59.04	63.43	68.25

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	12,421	2,173	1,725
March 31, 2025	11,698	1,704	1,268
March 31, 2024	10,787	1,718	1,374
March 31, 2023	12,074	2,656	2,023

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	1.0%	12.2%	12,549^†	—	10,906^†	12,180^†	10,017^†	7,052^†	6,382^†	6,502^†	4,744^†	4,144^†
Operating revenue	0.9%	12.2%	12,421	11,698	10,787	12,074	9,953^†	6,988^†	6,331^†	6,459^†	4,677^†	4,118^†
Other income	—	—	129^†	—	119^†	106^†	64^†	63^†	51^†	42^†	67^†	27^†
Operating expenses	—	—	9,397^†	—	8,397^†	8,880^†	7,349^†	5,247^†	5,066^†	5,306^†	3,855^†	3,222^†
Operating profit	-1.8%	11.7%	3,023^†	—	2,390^†	3,194^†	2,605^†	1,741^†	1,264^†	1,153^†	822^†	895^†
Operating profit margin	—	—	24.3%^†	—	22.2%^†	26.5%^†	26.2%^†	24.9%^†	20.0%^†	17.9%^†	17.6%^†	21.7%^†
Depreciation	—	—	689^†	—	556^†	468^†	419^†	384^†	353^†	328^†	278^†	253^†
Interest	—	—	206^†	—	236^†	176^†	94^†	111^†	182^†	175^†	98^†	78^†
Exceptional items, gain / (loss)	—	—	-84^†	—	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	-6.5%	10.7%	2,173	1,704	1,718	2,656	2,155^†	1,310^†	780^†	693^†	513^†	531^†
Tax	—	—	449^†	—	344^†	632^†	648^†	385^†	-13^†	176^†	107^†	129^†
Net profit	-5.2%	13.3%	1,725	1,268	1,374	2,023	1,507^†	925^†	—	517^†	406^†	402^†
EPS	-5.2%	-18.1%	58.18^†	—	46.37^†	68.25^†	90.22^†	158.21^†	138.06^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	24.3%^†	—	22.2%^†	26.5%^†	26.2%^†	24.9%^†	20.0%^†	17.9%^†	17.6%^†	21.7%^†
EBIT margin	19.2%^†	—	18.1%^†	23.5%^†	22.6%^†	20.3%^†	15.2%^†	13.4%^†	13.1%^†	14.8%^†
PBT margin	17.5%	14.6%	15.9%	22.0%	21.7%^†	18.7%^†	12.3%^†	10.7%^†	11.0%^†	12.9%^†
Net margin	13.9%	10.8%	12.7%	16.8%	15.1%^†	13.2%^†	—	8.0%^†	8.7%^†	9.8%^†
Interest coverage	11.57x^†	—	8.29x^†	16.11x^†	23.82x^†	12.78x^†	5.29x^†	4.97x^†	6.23x^†	7.81x^†
Dividend payout	15.5%^†	—	15.5%^†	10.5%^†	18.6%^†	15.2%^†	10.1%^†	—	—	—
Earnings retention	84.5%^†	—	84.5%^†	89.5%^†	81.4%^†	84.8%^†	89.9%^†	—	—	—
Current ratio	1.31x	1.42x	—	—	—	—	—	—	—	—
Quick ratio	0.83x	0.92x	—	—	—	—	—	—	—	—
Debt to equity	0.26x	0.28x	—	—	—	—	—	—	—	—
Return on equity	13.6%	11.0%	—	—	—	—	—	—	—	—
Return on assets	8.7%	7.0%	—	—	—	—	—	—	—	—
Return on capital employed	15.4%^†	—	—	—	—	—	—	—	—	—
Asset turnover	0.63x	0.65x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	2,346	-1,432	-734	1,680	666
March 31, 2025	2,264	-1,314	-998	1,129	1,135
March 31, 2024	1,903	-2,074	6	1,865	37
March 31, 2023	2,788	-2,328	-252	2,374	414
March 31, 2022	1,638	-1,280	-125	1,576	62

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	19,838	12,681	12,383	1,915	1,398	5,777	4,393	497	10,603	2,124
March 31, 2025	18,030	11,569	11,271	1,687	1,567	5,158	3,634	314	10,704	1,805
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.