SRF Ltd Fundamental

SRF is a diversified chemicals conglomerate established in 1970, operating across Fluorochemicals, Specialty Chemicals, Performance Films & Foil, Technical Textiles and Coated Fabrics. The company has 16 manufacturing facilities across India, Thailand, South Africa and Hungary, exports to 90+ countries and has operations spanning five countries globally.

The company derives 49% of its revenue from Chemicals, followed by 37% from Performance Films & Foil and 14% from Technical Textiles & Others. SRF continues to strengthen its innovation capabilities, supported by 521 patent applications, 156 global patents granted and two R&D centres in Bhiwadi and...

The Chemicals business is expected to remain the key growth and profitability driver for SRF, supported by stable demand for refrigerants, fluorochemicals, PTFE and specialty chemicals. Management highlighted strong customer enquiries in agrochemical and pharmaceutical intermediates, continued traction in newly launched pharma products, and increasing focus on high-end molecules and value-added fluorochemical products.

Pricing pressure from Chinese competitors and geopolitical uncertainties may continue in the near term, although growing demand for specialty and value-added chemical products provides opportunities for longer-term expansion.

SRF is aggressively expanding its fluorochemicals and specialty chemicals capacities to support long-term growth. The company has approved approximately ₹2,300 crore of investment at its Odisha site for a 20,000 MTPA HFO facility, a 30,000 MTPA...