SRF Stock Overview
SRF Limited manufactures, purchases, and sells technical textiles, chemicals, packaging films, and other polymers.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹2,567.75|
|52 Week High||₹2,680.00|
|52 Week Low||₹1,026.21|
|1 Month Change||18.17%|
|3 Month Change||15.79%|
|1 Year Change||122.41%|
|3 Year Change||512.86%|
|5 Year Change||650.94%|
|Change since IPO||45,917.03%|
Recent News & Updates
Here's Why I Think SRF (NSE:SRF) Might Deserve Your Attention Today
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
We Like SRF's (NSE:SRF) Returns And Here's How They're Trending
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
SRF (NSE:SRF) Has Announced That It Will Be Increasing Its Dividend To ₹12.00
SRF Limited ( NSE:SRF ) has announced that it will be increasing its dividend on the 25th of August to ₹12.00. Although...
|SRF||IN Chemicals||IN Market|
Return vs Industry: SRF exceeded the Indian Chemicals industry which returned 44.7% over the past year.
Return vs Market: SRF exceeded the Indian Market which returned 32.6% over the past year.
|SRF Average Weekly Movement||4.9%|
|Chemicals Industry Average Movement||6.2%|
|Market Average Movement||6.7%|
|10% most volatile stocks in IN Market||9.9%|
|10% least volatile stocks in IN Market||4.1%|
Stable Share Price: SRF is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SRF's weekly volatility (5%) has been stable over the past year.
About the Company
SRF Limited manufactures, purchases, and sells technical textiles, chemicals, packaging films, and other polymers. It operates through Technical Textiles Business, Chemicals Business, Packaging Film Business, and Others segments. The company offers tyre cord, belting, coated, and laminated fabrics; and industrial and polyester industrial yarns.
SRF Fundamentals Summary
|SRF fundamental statistics|
Is SRF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SRF income statement (TTM)|
|Cost of Revenue||₹54.72b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jan 25, 2022
|Earnings per share (EPS)||50.04|
|Net Profit Margin||14.41%|
How did SRF perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
Is SRF undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SRF (₹2567.75) is trading above our estimate of fair value (₹973.91)
Significantly Below Fair Value: SRF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SRF is poor value based on its PE Ratio (51.1x) compared to the Indian Chemicals industry average (21.2x).
PE vs Market: SRF is poor value based on its PE Ratio (51.1x) compared to the Indian market (23.3x).
Price to Earnings Growth Ratio
PEG Ratio: SRF is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: SRF is overvalued based on its PB Ratio (10.1x) compared to the IN Chemicals industry average (2.6x).
How is SRF forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRF's forecast earnings growth (16.1% per year) is above the savings rate (6.7%).
Earnings vs Market: SRF's earnings (16.1% per year) are forecast to grow slower than the Indian market (20.8% per year).
High Growth Earnings: SRF's earnings are forecast to grow, but not significantly.
Revenue vs Market: SRF's revenue (15% per year) is forecast to grow faster than the Indian market (12.7% per year).
High Growth Revenue: SRF's revenue (15% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SRF's Return on Equity is forecast to be high in 3 years time (20.8%)
How has SRF performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRF has high quality earnings.
Growing Profit Margin: SRF's current net profit margins (14.4%) are higher than last year (14%).
Past Earnings Growth Analysis
Earnings Trend: SRF's earnings have grown significantly by 25.8% per year over the past 5 years.
Accelerating Growth: SRF's earnings growth over the past year (43.7%) exceeds its 5-year average (25.8% per year).
Earnings vs Industry: SRF earnings growth over the past year (43.7%) exceeded the Chemicals industry 42.7%.
Return on Equity
High ROE: SRF's Return on Equity (19.7%) is considered low.
How is SRF's financial position?
Financial Position Analysis
Short Term Liabilities: SRF's short term assets (₹45.8B) exceed its short term liabilities (₹42.4B).
Long Term Liabilities: SRF's short term assets (₹45.8B) exceed its long term liabilities (₹22.5B).
Debt to Equity History and Analysis
Debt Level: SRF's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: SRF's debt to equity ratio has reduced from 76.3% to 43.3% over the past 5 years.
Debt Coverage: SRF's debt is well covered by operating cash flow (61.5%).
Interest Coverage: SRF's interest payments on its debt are well covered by EBIT (24.8x coverage).
What is SRF current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SRF's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.3%).
High Dividend: SRF's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.33%).
Stability and Growth of Payments
Stable Dividend: SRF's dividend payments have been volatile in the past 10 years.
Growing Dividend: SRF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.2%), SRF's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SRF's dividends in 3 years are forecast to be thoroughly covered by earnings (10.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ashish Ram (53 yo)
Mr. Ashish Bharat Ram, MBA serves as Independent Director at Havells India Limited since 2021. He served as Independent Additional Director at Havells India Limited since May 20, 2021 until 2021. He has be...
CEO Compensation Analysis
Compensation vs Market: Ashish's total compensation ($USD1.26M) is about average for companies of similar size in the Indian market ($USD1.21M).
Compensation vs Earnings: Ashish's compensation has been consistent with company performance over the past year.
Experienced Management: SRF's management team is seasoned and experienced (6.9 years average tenure).
Experienced Board: SRF's board of directors are considered experienced (9.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SRF Limited's employee growth, exchange listings and data sources
- Name: SRF Limited
- Ticker: SRF
- Exchange: NSEI
- Founded: 1970
- Industry: Diversified Chemicals
- Sector: Materials
- Implied Market Cap: ₹757.474b
- Shares outstanding: 296.42m
- Website: https://www.srf.com
Number of Employees
- SRF Limited
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/20 12:05|
|End of Day Share Price||2022/01/20 00:00|
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.