Earnings Update: SRF Limited (NSE:SRF) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts

Shareholders might have noticed that SRF Limited (NSE:SRF) filed its yearly result this time last week. The early response was not positive, with shares down 5.7% to ₹2,883 in the past week. Results overall were respectable, with statutory earnings of ₹42.20 per share roughly in line with what the analysts had forecast. Revenues of ₹147b came in 2.5% ahead of analyst predictions. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, the most recent consensus for SRF from 30 analysts is for revenues of ₹167.3b in 2026. If met, it would imply a decent 14% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 51% to ₹63.87. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹166.7b and earnings per share (EPS) of ₹62.80 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

View our latest analysis for SRF

The analysts reconfirmed their price target of ₹2,859, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on SRF, with the most bullish analyst valuing it at ₹3,501 and the most bearish at ₹1,500 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 14% growth on an annualised basis. That is in line with its 13% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 12% annually. So although SRF is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at ₹2,859, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for SRF going out to 2028, and you can see them free on our platform here..

It might also be worth considering whether SRF's debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.