SRF Limited

BSE:503806 Stock Report

Market Cap: ₹747.5b

SRF Valuation

Is 503806 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 503806 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹124.58
Fair Value
1.9k% overvalued intrinsic discount
28
Number of Analysts

Below Fair Value: 503806 (₹2521.8) is trading above our estimate of fair value (₹124.58)

Significantly Below Fair Value: 503806 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 503806?

Key metric: As 503806 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 503806. This is calculated by dividing 503806's market cap by their current earnings.
What is 503806's PE Ratio?
PE Ratio66.2x
Earnings₹11.29b
Market Cap₹747.52b

Price to Earnings Ratio vs Peers

How does 503806's PE Ratio compare to its peers?

The above table shows the PE ratio for 503806 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47.6x
PIDILITIND Pidilite Industries
73.3x13.9%₹1.4t
BASF BASF India
32.1xn/a₹208.8b
500027 Atul
52.7x30.3%₹199.4b
DCMSHRIRAM DCM Shriram
32.1xn/a₹174.4b
503806 SRF
66.2x27.8%₹747.5b

Price-To-Earnings vs Peers: 503806 is expensive based on its Price-To-Earnings Ratio (66.2x) compared to the peer average (47.6x).

Price to Earnings Ratio vs Industry

How does 503806's PE Ratio compare vs other companies in the IN Chemicals Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARI Zuari Agro Chemicals
4.9xn/aUS$101.08m
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$62.85m
UNIVPHOTO Universus Photo Imagings
2.7xn/aUS$26.36m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$7.35m
503806 66.2xIndustry Avg. 30.0xNo. of Companies39PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 503806 is expensive based on its Price-To-Earnings Ratio (66.2x) compared to the Indian Chemicals industry average (30x).

Price to Earnings Ratio vs Fair Ratio

What is 503806's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

503806 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio66.2x
Fair PE Ratio37x

Price-To-Earnings vs Fair Ratio: 503806 is expensive based on its Price-To-Earnings Ratio (66.2x) compared to the estimated Fair Price-To-Earnings Ratio (37x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 503806 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,521.80
₹2,291.18
-9.1%
15.6%₹3,025.00₹1,500.00n/a28
Jan ’26₹2,212.15
₹2,257.37
+2.0%
14.9%₹2,770.00₹1,500.00n/a27
Dec ’25₹2,263.95
₹2,245.39
-0.8%
14.8%₹2,770.00₹1,500.00n/a28
Nov ’25₹2,251.40
₹2,245.39
-0.3%
14.8%₹2,770.00₹1,500.00n/a28
Oct ’25₹2,482.65
₹2,386.82
-3.9%
13.2%₹2,936.00₹1,545.00n/a28
Sep ’25₹2,564.45
₹2,386.82
-6.9%
13.2%₹2,936.00₹1,545.00n/a28
Aug ’25₹2,625.00
₹2,366.48
-9.8%
12.8%₹2,780.00₹1,545.00n/a27
Jul ’25₹2,459.50
₹2,378.22
-3.3%
12.1%₹2,795.00₹1,605.00n/a27
Jun ’25₹2,206.90
₹2,399.22
+8.7%
12.2%₹2,795.00₹1,605.00n/a27
May ’25₹2,619.15
₹2,504.07
-4.4%
11.4%₹2,898.00₹1,565.00n/a27
Apr ’25₹2,619.25
₹2,484.30
-5.2%
11.4%₹2,898.00₹1,565.00n/a27
Mar ’25₹2,396.25
₹2,473.19
+3.2%
11.4%₹2,898.00₹1,565.00n/a27
Feb ’25₹2,309.10
₹2,473.67
+7.1%
11.4%₹2,898.00₹1,565.00n/a27
Jan ’25₹2,466.85
₹2,461.96
-0.2%
12.8%₹3,040.00₹1,520.00₹2,212.1527
Dec ’24₹2,410.30
₹2,477.15
+2.8%
13.3%₹3,040.00₹1,520.00₹2,263.9527
Nov ’24₹2,183.70
₹2,453.74
+12.4%
13.4%₹3,040.00₹1,520.00₹2,251.4027
Oct ’24₹2,248.55
₹2,588.12
+15.1%
15.1%₹3,300.00₹1,565.00₹2,482.6526
Sep ’24₹2,383.85
₹2,609.72
+9.5%
15.0%₹3,300.00₹1,565.00₹2,564.4525
Aug ’24₹2,251.40
₹2,568.58
+14.1%
16.9%₹3,300.00₹1,540.00₹2,625.0026
Jul ’24₹2,290.25
₹2,901.52
+26.7%
16.3%₹3,558.00₹1,540.00₹2,459.5023
Jun ’24₹2,477.90
₹2,897.13
+16.9%
16.3%₹3,558.00₹1,540.00₹2,206.9023
May ’24₹2,539.80
₹2,750.35
+8.3%
16.6%₹3,490.00₹1,540.00₹2,619.1523
Apr ’24₹2,406.20
₹2,740.78
+13.9%
16.7%₹3,490.00₹1,540.00₹2,619.2523
Mar ’24₹2,235.30
₹2,743.05
+22.7%
17.4%₹3,490.00₹1,540.00₹2,396.2522
Feb ’24₹2,221.80
₹2,691.58
+21.1%
17.7%₹3,490.00₹1,540.00₹2,309.1024
Jan ’24₹2,291.60
₹2,717.29
+18.6%
16.6%₹3,454.00₹1,540.00₹2,466.8524
Analyst Price Target
Consensus Narrative from 28 Analysts
₹2.29k
Fair Value
10.1% overvalued intrinsic discount
28
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 18:50
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SRF Limited is covered by 46 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kumar Saumya SinghAmbit Capital
null nullAsian Markets Securities Private Limited
Vijayaraghavan SwaminathanAvendus Spark