SRF Ltd.

BSE: SRF503806ISIN INE647A01010

Commodities
Commodity Chemicals
BSE 100

BSE listing

Share price

₹2,561.00+25.00 (+0.99%)

as of 18 Sep 2026

52W high: ₹3,238.75
52W low: ₹2,313.75
Off 52W high: -20.93%
1M return: -0.54%
3M return: -5.47%
6M return: +4.34%
1Y return: -12.80%
20D avg volume: 32,453
50 DMA: ₹2,628.41
200 DMA: ₹2,711.17

Key ratios Consolidated

Market cap: ₹75,914 Cr
Current price: ₹2,561.00
52W high / low: ₹3,238.75 / ₹2,313.75
Face value: ₹10.00
P/E: 35.12
P/B: —
EPS (TTM): ₹72.93
Book value / share: —
ROE: —
ROCE: 14.60%
Operating margin: —
Net margin: —
Debt / equity: 0.36
Net debt: ₹4,414 Cr
Interest cover: 9.28
Dividend yield: 0.39%
Dividend / share (TTM): ₹10.00
Payout: 13.71%
Cash conversion cycle: 63.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	5,033	4,615	3,713	3,640	3,819	4,313	3,491	3,424	3,464	3,570	3,053	3,177
	33.91	24.90	27.33	25.71	29.12	34.49	39.64	33.33	25.26	23.39	18.75	29.12
	4,088	3,871	3,215	3,149	3,272	3,640	3,162	3,174	3,145	3,150	2,723	2,792
	2,626	2,133	1,890	1,925	1,931	1,995	1,869	1,886	1,824	1,791	1,631	1,541
	39.43	27.29	80.08	96.02	41.00	31.23	19.56	33.94	40.13	24.44	39.25	29.31
	318.68	313.10	280.84	277.14	277.26	276.15	260.75	253.38	252.19	246.60	243.83	226.63
	68.62	61.96	65.50	70.68	79.90	89.39	96.25	93.78	96.54	90.00	67.37	79.29
	222.86	219.81	216.89	212.13	203.24	195.15	194.26	193.93	188.16	185.89	168.89	161.23
	1,021	994.03	816.10	819.91	800.82	847.34	440.07	431.17	422.48	449.22	351.19	341.56
	979.15	768.81	524.91	517.05	575.82	707.36	368.70	283.66	343.98	443.32	348.32	414.81
	0.00	-11.71	-73.24	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	979.15	757.10	451.67	517.05	575.82	707.36	368.70	283.66	343.98	443.32	348.32	414.81
	220.28	175.08	19.01	128.87	143.50	181.30	97.62	82.24	91.76	21.11	94.89	114.03
	758.87	582.02	432.66	388.18	432.32	526.06	271.08	201.42	252.22	422.21	253.43	300.78
	25.60	19.63	14.60	13.10	14.58	17.75	9.15	6.79	8.51	14.24	8.55	10.15
Key metrics
	1,271	1,039	734.06	799.86	858.96	991.90	659.21	571.37	628.68	719.21	584.58	655.33
	25.20%	22.50%	19.80%	22.00%	22.50%	23.00%	18.90%	16.70%	18.10%	20.10%	19.10%	20.60%
	15.10%	12.60%	11.70%	10.70%	11.30%	12.20%	7.80%	5.90%	7.30%	11.80%	8.30%	9.50%
	—	4.60%	—	3.50%	—	4.90%	—	—	—	—	—	—
	31.80%	7.00%	6.30%	6.30%	10.20%	20.80%	14.40%	7.80%	—	—	—	—
	75.50%	10.60%	59.60%	92.70%	71.40%	24.60%	7.00%	-33.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	17,001	15,787	14,693	13,139	14,870	12,434	8,400	7,209	7,693	5,685
	111.85	107.06	132.72	83.02	74.93	42.80	54.49	49.05	40.14	68.80
	14,323	13,507	13,122	11,529	12,121	9,891	6,842	6,344	6,906	5,172
	8,574	7,879	7,574	6,696	7,125	6,171	4,028	3,687	4,382	3,016
	242.82	244.39	124.86	118.56	277.22	175.59	62.92	91.40	48.55	47.40
	1,190	1,148	1,042	935.03	813.80	780.00	621.40	541.92	515.91	474.04
	266.76	278.04	375.96	302.29	204.82	115.93	133.95	200.68	201.60	123.89
	871.69	852.07	771.50	672.62	575.32	517.23	453.08	388.61	366.87	315.80
	3,651	3,431	3,233	1,489	1,557	1,348	909.03	849.53	—	675.97
	2,790	2,387	1,704	1,692	2,824	2,586	1,613	914.70	826.89	581.67
	-84.95	-84.95	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	2,705	2,302	1,704	1,692	2,824	2,586	1,613	914.70	826.89	581.67
	543.24	466.46	452.92	356.51	661.65	696.63	414.40	1.20	185.26	119.96
	2,162	1,835	1,251	1,336	2,162	1,889	1,198	1,019	641.63	461.71
	72.93	61.91	42.40	45.06	72.95	63.75	205.59	159.34	111.66	—
Key metrics
	3,843	3,432	2,851	2,667	3,604	3,219	2,200	1,504	1,395	1,021
	22.61%	21.70%	19.40%	20.30%	24.20%	25.90%	26.20%	20.90%	18.10%	18.00%
	12.72%	11.60%	8.50%	10.20%	14.50%	15.20%	14.30%	14.10%	8.30%	8.10%
	—	14.60%	12.90%	—	—	—	—	—	—	—
	—	7.40%	11.80%	-11.60%	19.60%	48.00%	16.50%	-6.30%	35.30%	—
	—	46.70%	-6.40%	-38.20%	14.50%	57.70%	17.50%	58.80%	39.00%	—
	—	738.26	1,256	—	—	—	—	—	—	—
	—	1.39	1.99	—	—	—	—	—	—	—
	—	0.36	0.37	—	—	—	—	—	—	—
	—	4,414	4,307	—	—	—	—	—	—	—
	—	63.9	54.4	—	—	—	—	—	—	—
Balance sheet
	—	24,147	21,557	—	—	—	—	—	—	—
	—	7,198	6,130	—	—	—	—	—	—	—
	—	590.49	333.99	—	—	—	—	—	—	—
	—	2,562	2,169	—	—	—	—	—	—	—
	—	2,789	2,349	—	—	—	—	—	—	—
	—	430.02	367.57	—	—	—	—	—	—	—
	—	13,820	13,607	—	—	—	—	—	—	—
	—	2,585	2,332	—	—	—	—	—	—	—
	—	6,523	5,430	—	—	—	—	—	—	—
	—	5,004	4,641	—	—	—	—	—	—	—
	—	3,051	2,660	—	—	—	—	—	—	—
	—	1,953	1,981	—	—	—	—	—	—	—
	—	14,043	12,626	—	—	—	—	—	—	—
Cash flow
	—	2,554	2,487	—	—	—	—	—	—	—
	—	-1,598	-1,484	—	—	—	—	—	—	—
	—	-708.33	-1,071	—	—	—	—	—	—	—
	—	1,815	1,231	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	3,802	3,576	2,952	2,853	3,040	3,496	2,762	2,704	2,736	2,920	2,506	2,587
	39.28	30.59	33.19	30.05	34.95	43.57	52.78	43.55	35.07	32.55	27.79	38.11
	3,082	2,917	2,432	2,400	2,542	2,851	2,439	2,444	2,435	2,493	2,182	2,209
	1,887	1,542	1,389	1,427	1,409	1,483	1,380	1,383	1,358	1,357	1,278	1,191
	40.92	26.42	24.82	43.18	33.71	29.55	18.48	18.74	29.12	20.96	23.87	18.52
	255.42	256.65	228.81	228.72	229.60	230.06	216.72	211.16	211.17	208.49	207.86	192.02
	50.18	44.47	48.40	52.37	60.37	72.57	76.07	72.01	75.70	68.00	51.83	63.27
	178.21	177.33	175.59	170.11	165.51	157.71	158.81	158.39	155.05	152.68	141.32	133.21
	840.00	819.11	657.20	678.45	667.83	702.50	348.38	349.35	337.51	366.87	291.40	277.73
	759.59	689.47	552.69	482.56	532.99	689.38	375.34	303.36	336.30	459.04	352.00	415.77
	0.00	-11.27	-72.95	0.00	0.00	0.00	—	—	—	—	—	—
	759.59	678.20	479.74	482.56	532.99	689.38	375.34	303.36	336.30	459.04	352.00	415.77
	193.29	171.14	21.83	119.90	135.99	176.22	95.48	78.25	86.36	21.94	89.19	107.05
	566.30	507.06	457.91	362.66	397.00	513.16	279.86	225.11	249.94	437.10	262.81	308.72
	19.10	17.11	15.45	12.23	13.39	17.31	9.44	7.59	8.43	14.75	8.87	10.42
Key metrics
	987.98	900.00	703.73	705.04	758.87	919.66	610.22	533.76	567.05	679.72	545.15	612.25
	26.00%	25.20%	23.80%	24.70%	25.00%	26.30%	22.10%	19.70%	20.70%	23.30%	21.80%	23.70%
	14.90%	14.20%	15.50%	12.70%	13.10%	14.70%	10.10%	8.30%	9.10%	15.00%	10.50%	11.90%
	—	4.70%	—	3.60%	—	5.30%	—	—	—	—	—	—
	25.10%	2.30%	6.90%	5.50%	11.10%	19.80%	10.20%	4.50%	—	—	—	—
	42.60%	-1.20%	63.60%	61.10%	58.80%	17.40%	6.50%	-27.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	13,182	12,421	11,698	10,787	12,074	9,953	6,988	6,331	6,459	4,678
	133.11	128.78	174.97	119.42	106.06	63.91	63.30	51.42	42.32	66.03
	10,831	10,292	10,169	9,188	9,524	7,862	5,742	5,602	5,809	4,231
	6,245	5,767	5,603	5,196	5,505	4,748	3,278	3,199	3,633	2,413
	135.34	128.13	95.89	83.61	109.72	137.27	60.49	91.40	48.42	47.40
	969.60	943.78	869.11	790.33	684.19	658.48	534.13	487.08	425.17	377.84
	195.42	205.61	296.35	235.60	175.82	94.45	111.21	182.11	174.65	97.97
	701.24	688.54	629.96	555.85	468.44	419.23	383.60	353.21	328.04	278.11
	2,995	2,823	2,651	1,227	1,242	1,085	762.66	757.87	701.39	561.30
	2,484	2,258	1,704	1,718	2,656	2,155	1,310	780.48	693.11	512.64
	-84.22	-84.22	0.00	—	—	—	—	—	—	—
	2,400	2,173	1,704	1,718	2,656	2,155	1,310	780.48	693.11	512.64
	506.16	448.86	436.31	343.85	632.50	648.03	384.91	13.11	175.93	106.98
	1,894	1,725	1,268	1,374	2,023	1,507	925.06	974.18	517.18	405.66
	63.89	58.18	42.78	46.35	68.26	50.86	158.72	138.06	90.01	—
Key metrics
	3,297	3,068	2,631	2,509	3,300	2,669	1,805	1,316	1,196	888.72
	25.01%	24.70%	22.50%	23.30%	27.30%	26.80%	25.80%	20.80%	18.50%	19.00%
	14.37%	13.90%	10.80%	12.70%	16.80%	15.10%	13.20%	15.40%	8.00%	8.70%
	—	15.40%	13.90%	—	—	—	—	—	—	—
	—	6.20%	8.40%	-10.70%	21.30%	42.40%	10.40%	-2.00%	38.10%	—
	—	36.00%	-7.70%	-32.10%	34.30%	62.90%	-5.00%	88.40%	27.50%	—
	—	665.63	1,135	—	—	—	—	—	—	—
	—	1.36	1.79	—	—	—	—	—	—	—
	—	0.26	0.28	—	—	—	—	—	—	—
	—	2,816	2,940	—	—	—	—	—	—	—
	—	71.0	62.4	—	—	—	—	—	—	—
Balance sheet
	—	19,838	18,030	—	—	—	—	—	—	—
	—	5,777	5,158	—	—	—	—	—	—	—
	—	497.11	313.85	—	—	—	—	—	—	—
	—	1,948	1,765	—	—	—	—	—	—	—
	—	2,124	1,805	—	—	—	—	—	—	—
	—	339.43	253.29	—	—	—	—	—	—	—
	—	10,603	10,704	—	—	—	—	—	—	—
	—	1,654	1,570	—	—	—	—	—	—	—
	—	4,393	3,634	—	—	—	—	—	—	—
	—	3,313	3,253	—	—	—	—	—	—	—
	—	1,915	1,687	—	—	—	—	—	—	—
	—	1,398	1,567	—	—	—	—	—	—	—
	—	12,681	11,569	—	—	—	—	—	—	—
Cash flow
	—	2,346	2,264	—	—	—	—	—	—	—
	—	-1,432	-1,314	—	—	—	—	—	—	—
	—	-733.57	-998.20	—	—	—	—	—	—	—
	—	1,680	1,129	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +0.95%
Sales CAGR 5Y: +12.19%
Sales CAGR 10Y: —
Profit CAGR 3Y: -5.19%
Profit CAGR 5Y: +13.27%
Profit CAGR 10Y: —
Sales YoY (TTM): +9.84%
Profit YoY (TTM): +33.83%

Consolidated

Sales CAGR 3Y: +2.01%
Sales CAGR 5Y: +13.45%
Sales CAGR 10Y: —
Profit CAGR 3Y: -5.32%
Profit CAGR 5Y: +8.91%
Profit CAGR 10Y: —
Sales YoY (TTM): +12.98%
Profit YoY (TTM): +51.08%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 50.26%

Holder	Type	Holding	Previous	Change
KAMA HOLDINGS LIMITED	Promoter	50.21%	—	—
KOTAK AGGRESSIVE HYBRID FUND	Public	4.88%	—	—
LICI NEW ENDOWMENT PLUS-SECURED FUND	Public	3.33%	—	—
GOVERNMENT PENSION FUND GLOBAL	Public	1.98%	—	—
GOVERNMENT OF SINGAPORE	Public	1.75%	—	—
NPS TRUST A/C - LIC PENSION FUND - UPS POOL CG SC	Public	1.42%	—	—
AMANSA HOLDINGS PRIVATE LIMITED	Public	1.17%	—	—
HDFC LIFE INSURANCE COMPANY LIMITED	Public	1.04%	—	—
ARUN BHARAT RAM	Promoter	0.03%	—	—
ASHISH BHARAT RAM	Promoter	0.01%	—	—
KARTIK BHARAT RAM	Promoter	0.01%	—	—
KAMA Realty (Delhi) Ltd	Promoter Group	0.00%	—	—
SRF Industries (Thailand) Ltd	Promoter Group	0.00%	—	—
SRF Global BV	Promoter Group	0.00%	—	—
SRF Altech Limited	Promoter Group	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Realty (Delhi) Ltd & PACs19 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kama Holdings Ltd & PACs19 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....10 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011
Transcript of the Earnings Call held on 23rd July 202629 Jul 2026 · Company Update / Earnings Call Transcript
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 201527 Jul 2026 · Company Update / General
Tax Deducted at Source (TDS) on Dividend23 Jul 2026 · Company Update / General
Audio recording of the Earnings Call23 Jul 2026 · Company Update / Earnings Call Transcript
Newspaper Publications23 Jul 2026 · Company Update / Newspaper Publication
Investor Presentation22 Jul 2026 · Company Update / Investor Presentation
Investor Presentation22 Jul 2026 · Company Update / Investor Presentation
Declaration of 1st Interim Dividend22 Jul 2026 · Corp. Action / Record Date
Press Release22 Jul 2026 · Company Update / Press Release / Media Release
Capital Expenditure proposal approved by the Board22 Jul 2026 · Company Update / General
Dividend Intimation22 Jul 2026 · Board Meeting / Outcome of Board Meeting
Financial Results- June 202622 Jul 2026 · Result / Financial Results
In compliance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that SRF Limited will participate in an investor ....17 Jul 2026 · Company Update / Analyst / Investor Meet
SRF Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve We wish to inform you pursuant to the requirements ....15 Jul 2026 · Board Meeting / Board Meeting
Certificate under reg.74 (5) of SEBI (DP) Regulations13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window1 Jul 2026 · Insider Trading / SAST / Closure of Trading Window
Re-appointment of Mr. Kartik Bharat Ram as Joint Managing Director30 Jun 2026 · Company Update / Change in Management
Re-appointment of Mr. Pramod Gopaldas Gujarathi as Director (Safety & Environment) & Occupier of the Company30 Jun 2026 · Company Update / Change in Management
Proceedings of 55th Annual General Meeting30 Jun 2026 · AGM/EGM / AGM
Annual General Meeting- Voting Result and Scrutinizer''s Report30 Jun 2026 · AGM/EGM / AGM
Newspaper Advertisement8 Jun 2026 · Company Update / Newspaper Publication
Letter to Shareholders6 Jun 2026 · Company Update / General
Business Responsibility and Sustainability Report6 Jun 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report6 Jun 2026 · Others / Reg. 34 (1) Annual Report
Notice of 55th Annual General Meeting of SRF Limited6 Jun 2026 · AGM/EGM / AGM
Newspaper Advertisement for 55th AGM of SRF Limited to be held on Tuesday 30.06.2026 at 11 a.m.3 Jun 2026 · Company Update / Newspaper Publication
Commissioning and Capitalisation of Capital Expenditure proposal approved by the Board15 May 2026 · Company Update / General
Earnings Call Transcript12 May 2026 · Company Update / Earnings Call Transcript
Audio recording of the Earnings Call6 May 2026 · Company Update / Earnings Call Transcript
Newspaper Publication-Results6 May 2026 · Company Update / Newspaper Publication
Investor Presentation6 May 2026 · Company Update / Investor Presentation
Revision in Capital Expenditure5 May 2026 · Company Update / General
Capital Expenditure proposal approved by the Board5 May 2026 · Company Update / General
Capital Expenditure proposal approved by the Board5 May 2026 · Company Update / General
Press release5 May 2026 · Company Update / Press Release / Media Release
Audited Financial Results for the quarter and year ended 31.03.20265 May 2026 · Result / Financial Results
In compliance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that SRF Limited will participate in an investor ....30 Apr 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 5.0000	28 Jul 2026	28 Jul 2026	—
Interim Dividend - Rs. - 5.0000	27 Jan 2026	27 Jan 2026	—
Interim Dividend - Rs. - 4.0000	29 Jul 2025	29 Jul 2025	—
Interim Dividend - Rs. - 3.6000	4 Feb 2025	4 Feb 2025	—
Interim Dividend - Rs. - 3.6000	31 Jul 2024	31 Jul 2024	—

Board meetings

22 Jul 2026 Board Meeting - Financial Results