SRF Limited

NSEI:SRF Stock Report

Market Cap: ₹669.9b

SRF Management

Management criteria checks 3/4

SRF's CEO is Ashish Ram, appointed in Apr 2022, has a tenure of 2.67 years. total yearly compensation is ₹200.20M, comprised of 48.1% salary and 51.9% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth ₹56.47M. The average tenure of the management team and the board of directors is 6.3 years and 5.7 years respectively.

Key information

Ashish Ram

Chief executive officer

₹200.2m

Total compensation

CEO salary percentage48.1%
CEO tenure2.7yrs
CEO ownership0.008%
Management average tenure6.3yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

We Think SRF (NSE:SRF) Is Taking Some Risk With Its Debt

Dec 18
We Think SRF (NSE:SRF) Is Taking Some Risk With Its Debt

SRF Limited Just Missed Earnings - But Analysts Have Updated Their Models

Oct 25
SRF Limited Just Missed Earnings - But Analysts Have Updated Their Models

SRF Limited (NSE:SRF) Not Lagging Market On Growth Or Pricing

Oct 09
SRF Limited (NSE:SRF) Not Lagging Market On Growth Or Pricing

Here's Why SRF (NSE:SRF) Has A Meaningful Debt Burden

Sep 18
Here's Why SRF (NSE:SRF) Has A Meaningful Debt Burden

Returns At SRF (NSE:SRF) Appear To Be Weighed Down

Aug 31
Returns At SRF (NSE:SRF) Appear To Be Weighed Down

Earnings Miss: SRF Limited Missed EPS By 14% And Analysts Are Revising Their Forecasts

Jul 26
Earnings Miss: SRF Limited Missed EPS By 14% And Analysts Are Revising Their Forecasts

Analysts Are Updating Their SRF Limited (NSE:SRF) Estimates After Its Yearly Results

Jun 09
Analysts Are Updating Their SRF Limited (NSE:SRF) Estimates After Its Yearly Results

Is SRF (NSE:SRF) Using Too Much Debt?

May 30
Is SRF (NSE:SRF) Using Too Much Debt?

SRF Limited's (NSE:SRF) Share Price Could Signal Some Risk

Apr 19
SRF Limited's (NSE:SRF) Share Price Could Signal Some Risk

SRF (NSE:SRF) Hasn't Managed To Accelerate Its Returns

Feb 21
SRF (NSE:SRF) Hasn't Managed To Accelerate Its Returns

SRF Limited Just Missed EPS By 25%: Here's What Analysts Think Will Happen Next

Feb 03
SRF Limited Just Missed EPS By 25%: Here's What Analysts Think Will Happen Next

SRF (NSE:SRF) Has Announced A Dividend Of ₹3.60

Feb 02
SRF (NSE:SRF) Has Announced A Dividend Of ₹3.60

SRF (NSE:SRF) Takes On Some Risk With Its Use Of Debt

Jan 09
SRF (NSE:SRF) Takes On Some Risk With Its Use Of Debt

CEO Compensation Analysis

How has Ashish Ram's remuneration changed compared to SRF's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹11b

Jun 30 2024n/an/a

₹12b

Mar 31 2024₹200m₹96m

₹13b

Dec 31 2023n/an/a

₹15b

Sep 30 2023n/an/a

₹17b

Jun 30 2023n/an/a

₹19b

Mar 31 2023₹214m₹81m

₹22b

Dec 31 2022n/an/a

₹22b

Sep 30 2022n/an/a

₹22b

Jun 30 2022n/an/a

₹21b

Mar 31 2022₹128m₹49m

₹19b

Dec 31 2021n/an/a

₹17b

Sep 30 2021n/an/a

₹15b

Jun 30 2021n/an/a

₹14b

Mar 31 2021₹94m₹38m

₹12b

Dec 31 2020n/an/a

₹10b

Sep 30 2020n/an/a

₹10b

Jun 30 2020n/an/a

₹9b

Mar 31 2020₹79m₹32m

₹9b

Dec 31 2019n/an/a

₹10b

Sep 30 2019n/an/a

₹8b

Jun 30 2019n/an/a

₹6b

Mar 31 2019₹59m₹18m

₹6b

Dec 31 2018n/an/a

₹6b

Sep 30 2018n/an/a

₹5b

Jun 30 2018n/an/a

₹5b

Mar 31 2018₹51m₹16m

₹5b

Compensation vs Market: Ashish's total compensation ($USD2.34M) is above average for companies of similar size in the Indian market ($USD762.84K).

Compensation vs Earnings: Ashish's compensation has been consistent with company performance over the past year.

CEO

Ashish Ram (56 yo)

2.7yrs

Tenure

₹200,200,000

Compensation

Mr. Ashish Bharat Ram, MBA, is Non-Executive Non-Independent Director of Bharat Forge Limited from September 1, 2023. Mr. Ram serves as Independent Non-Executive Director at Havells India Limited since 202...

Leadership Team

NamePositionTenureCompensationOwnership
Ashish Ram
Chairman & MD2.7yrs₹200.20m0.0084%
₹ 56.5m
Kartik Ram
Joint MD & Executive Director2.7yrs₹202.00m0.0084%
₹ 56.5m
Pramod Gujarathi
Director of Safety & Environment and Whole Time Director7.7yrs₹2.60mno data
Sanjay Rao
President & CIO6.9yrsno datano data
Rahul Jain
President & CFO5.7yrs₹21.20mno data
Sunil Gulpadia
Senior Vice President of Finance & Account30.3yrs₹2.65mno data
Rajat Lakhanpal
Senior VP of Corporate Compliance & Company Secretary5.7yrs₹7.80mno data
Nitika Dhawan
Head of Corporate Communicationsno datano datano data
Viney Dua
Head of Special Projectsno data₹3.19mno data
Meenakshi Gopinath
Director of CSR & Non-Executive Non-Independent Directorno data₹700.00kno data
Prashant Yadav
President and CEO of Fluorochemicals Business & Technical Textiles Businessno data₹56.60mno data
Prashant Mehra
President & CEO of Packaging Films Business11.9yrs₹56.80mno data

6.3yrs

Average Tenure

55yo

Average Age

Experienced Management: SRF's management team is seasoned and experienced (6.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ashish Ram
Chairman & MD19.6yrs₹200.20m0.0084%
₹ 56.5m
Kartik Ram
Joint MD & Executive Director18.6yrs₹202.00m0.0084%
₹ 56.5m
Pramod Gujarathi
Director of Safety & Environment and Whole Time Director7.7yrs₹2.60mno data
Meenakshi Gopinath
Director of CSR & Non-Executive Non-Independent Directorno data₹700.00kno data
Puneet Dalmia
Independent Non-Executive Director5.7yrs₹1.90mno data
Raj Jain
Independent Non-Executive Director2.6yrs₹2.10mno data
Murugappan Subbiah
Non-Executive Non-Independent Director12.6yrs₹1.90m0.023%
₹ 151.5m
Arun Ram
Chairman Emeritus2.7yrs₹124.10m0.030%
₹ 197.8m
Vineet Agarwal
Independent Directorless than a yearno datano data
Bharti Ramola
Independent Non-Executive Director5.8yrs₹2.10mno data
Ira Gupta
Independent Directorless than a yearno datano data
Yash Gupta
Independent Non-Executive Director5.7yrs₹2.30m0.0011%
₹ 7.2m

5.7yrs

Average Tenure

55.5yo

Average Age

Experienced Board: SRF's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 23:55
End of Day Share Price 2024/12/27 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 44 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Vijayaraghavan SwaminathanAvendus Spark
Vishnu Kumar A.S.Avendus Spark