Fundamentals scanner
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
SRF Limited
IndustrialsBullish- Market cap
- ₹77243.41 Cr
- P/E
- 35.7x
- ROE
- —
- Debt / equity
- 0.36
What the company does
SRF Limited manufactures, purchases, and sells technical textiles, chemicals, packaging films, and other polymers. It operates through Technical Textiles Business, Chemicals Business, Performance Films and Foil Business, and Others segments. The company offers polyester and nylon tyre cord, belting, coated, and laminated fabrics; and polyester industrial yarns. It also provides fluorochemicals, such as refrigerant gases, industrial and specialty chemicals, fluorochemicals, and allied products, as well as research and development services. In addition, the company offers polyester films and polypropylene films; organic and inorganic intermediates for use in material sciences, surface chemistry, and agrochemical and pharmaceutical; and fluoropolymers. Further, it engages in the acquisition and renting of real estate; manufacture, distribution, and trade of performance films; and manufacture of aluminum foil. The company operates in India, Germany, the United States, South Africa, the United Kingdom, Italy, Indonesia, the United Arab Emirates, South Korea, Thailand, Hungary, Switzerland, Belgium, and internationally. The company was formerly known as Shri Ram Fibres and changed its name to SRF Limited in 1990. SRF Limited was incorporated in 1970 and is headquartered in Gurugram, India. SRF Limited operates as a subsidiary of KAMA Holdings Limited.
Valuation — what you are paying
How the price compares to earnings, assets and cash generation.
- P/E (trailing)35.7xFair
You are paying 35.7 years of current profit for each share. The earnings yield is 2.8%.
- P/B (price to book)5.5xFair
The market values the company at 5.5× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
- EV / EBITDA19.8xFair
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
- Dividend yield0.38%Weak
Pays 0.38% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Profitability — is this a good business?
Returns on capital and margins, the numerical shadow of a moat.
- Return on equity—No data
Not available.
- Return on assets—No data
Not available.
- Operating margin22.2%Strong
Keeps ₹22.2 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
- Net margin12.7%Strong
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Financial strength — can it survive a bad year?
Leverage and liquidity. This is where fragility shows up first.
- Debt to equity0.36Strong
A conservative balance sheet that can absorb a downturn without a crisis.
- Current ratio—No data
Not available.
- Total debt₹5082.79 CrNo data
Against cash of ₹1239.29 Cr. Net debt is what matters, not gross borrowings.
- Free cash flow—No data
Not available.
Growth — is it getting bigger?
Revenue and earnings momentum, and how the two compare.
- Revenue growth (yoy)+31.8%Strong
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
- Earnings growth (yoy)+75.6%Strong
Profits are growing faster than sales — margins are expanding, which is the sign of genuine operating leverage.
- Revenue (TTM)₹17001.15 CrNo data
EBITDA of ₹4097.90 Cr and operating cash flow of —.
- PEG ratio—No data
Not available.
Financial statements
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | ₹15786.51 Cr | ₹14693.07 Cr | ₹13138.52 Cr | ₹14870.25 Cr |
| Cost of revenue | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Gross profit | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating expenses | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating income | — | — | — | — |
| Interest expense | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Net profit | ₹1835.18 Cr | ₹1250.78 Cr | ₹1335.71 Cr | ₹2162.34 Cr |