SRF results

NSE: SRFBSE: 503806Chemicals & PetrochemicalsMid Cap

₹2,310.00₹20.60 (0.88%)BSE ₹2,309.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹2,330.60.

52-week range of traded prices to 23 Oct 2026

₹2,178.30Low, 22 Oct 2026₹3,198.90High, 23 Oct 2025

Market cap: ₹68,474 Cr134th largest listed
P/E: 30.0
P/B: 4.5
Dividend yield: 0.43%
ROE: 16.0%
ROCE: 15.1%
Debt to equity: 0.34
Volume, NSE: 5,11,88730.7% delivered

Q2 results, quarter to Sep 2026

Consolidated: the company and its subsidiaries together. ₹ crore.SRF annual results and balance sheet

Revenue: ₹4,904 Cr+34.7% on a year ago · −2.6% on the quarter before
Operating profit: ₹946 Cr+22.2% on a year ago · −23.5% on the quarter before
Net profit: ₹509 Cr+31.2% on a year ago · −32.9% on the quarter before
Earnings per share: ₹17.18+31.1% on a year ago · −32.9% on the quarter before
Operating margin: 19.3%
Net margin: 10.4%

From revenue to net profit, ₹ crore

Revenue4,904
Materials and goods−2,600
Employee costs−316
Other expenses−1,043
Operating profit946
Depreciation−229
Other income+25
Finance costs−71
Profit before tax671
Tax−162
Net profit509

SRF results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Dec 2021Q3Filed 25 Jan	Mar 2022Q4Filed 10 May	Jun 2022Q1Filed 22 Jul	Sep 2022Q2Filed 3 Nov	Dec 2022Q3Filed 30 Jan	Mar 2023Q4Filed 11 May	Jun 2023Q1Filed 24 Jul	Sep 2023Q2Filed 28 Oct	Dec 2023Q3Filed 31 Jan	Mar 2024Q4Filed 8 May	Jun 2024Q1Filed 24 Jul	Sep 2024Q2Filed 23 Oct	Dec 2024Q3Filed 29 Jan	Mar 2025Q4Filed 10 Jun	Jun 2025Q1Filed 23 Jul	Sep 2025Q2Filed 27 Oct	Dec 2025Q3Filed 20 Jan	Mar 2026Q4Filed 5 May	Jun 2026Q1Filed 22 Jul	Sep 2026Q2Filed 21 Oct
Revenue from operations	3,346	3,549	3,895	3,728	3,470	3,778	3,338	3,177	3,053	3,570	3,464	3,424	3,491	4,313	3,819	3,640	3,713	4,615	5,033	4,904
	2,464	2,601	2,900	2,959	2,636	2,846	2,642	2,551	2,487	2,874	2,861	2,886	2,872	3,356	2,989	2,866	2,933	3,589	3,797	3,958
Materials and goods bought	1,641	1,664	1,858	1,953	1,694	1,888	1,701	1,620	1,555	1,834	1,827	1,834	1,806	2,232	1,911	1,769	1,836	2,282	2,457	2,600
Employee costs	207	214	194	195	210	214	218	227	244	247	252	253	261	276	277	277	281	313	319	316
Other expenses	616	724	848	810	732	744	724	704	689	794	781	799	805	847	801	820	816	994	1,021	1,043
Operating profit before depreciation	881	948	995	769	834	932	696	626	566	696	603	538	620	957	830	774	780	1,026	1,237	946
Operating margin	26.3%	26.7%	25.5%	20.6%	24.0%	24.7%	20.9%	19.7%	18.5%	19.5%	17.4%	15.7%	17.7%	22.2%	21.7%	21.3%	21.0%	22.2%	24.6%	19.3%
Depreciation and amortisation	132	132	131	139	151	155	157	161	169	186	188	194	194	195	203	212	217	220	223	229
Other income	11	7	10	33	10	22	12	29	19	23	25	33	40	34	29	26	27	25	34	25
Finance costs	29	36	33	44	62	66	66	79	67	90	97	94	96	89	80	71	66	62	69	71
Profit before one-off items and tax	730	788	842	618	631	733	486	415	348	443	344	284	369	707	576	517	525	769	979	671
One-off items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	−73	−12	0	0
Profit before tax	730	788	842	618	631	733	486	415	348	443	344	284	369	707	576	517	452	757	979	671
	225	182	234	137	120	171	126	114	95	21	92	82	98	181	144	129	19	175	220	162
Current tax	225	200	234	169	129	179	126	114	97	122	92	82	99	183	144	129	118	175	172	134
Deferred tax	0	−17	0	−32	−9	−8	0	0	−3	−101	0	0	−1	−2	0	0	−99	0	48	28
Tax rate	30.8%	23.1%	27.8%	22.2%	19.0%	23.3%	26.0%	27.5%	27.2%	4.8%	26.7%	29.0%	26.5%	25.6%	24.9%	24.9%	4.2%	23.1%	22.5%	24.1%
Net profit	506	606	608	481	511	562	359	301	253	422	252	201	271	526	432	388	433	582	759	509
Other comprehensive income	26	31	−174	−153	90	41	10	−43	76	−22	43	124	−152	87	39	−108	48	−139	118	15
Total comprehensive income	531	637	434	328	601	604	369	258	330	400	295	326	119	613	472	280	481	443	877	524
Net margin	15.1%	17.1%	15.6%	12.9%	14.7%	14.9%	10.8%	9.5%	8.3%	11.8%	7.3%	5.9%	7.8%	12.2%	11.3%	10.7%	11.7%	12.6%	15.1%	10.4%
Earnings per share	₹17.06	₹20.43	₹20.51	₹16.23	₹17.24	₹18.97	₹12.12	₹10.15	₹8.55	₹14.24	₹8.51	₹6.79	₹9.15	₹17.75	₹14.58	₹13.10	₹14.60	₹19.63	₹25.60	₹17.18

Earnings per share in rupees, restated for later splits and bonuses.

Filed results, as an XML file each

Results for the quarter to Sep 2026 (opens in a new tab)Filed 21 Oct 2026, unaudited
Results for the quarter to Jun 2026 (opens in a new tab)Filed 22 Jul 2026, unaudited
Results for the quarter to Mar 2026 (opens in a new tab)Filed 5 May 2026, audited
Results for the quarter to Dec 2025 (opens in a new tab)Filed 20 Jan 2026, unaudited

16 earlier filings

Results for the quarter to Sep 2025 (opens in a new tab)Filed 27 Oct 2025, unaudited
Results for the quarter to Jun 2025 (opens in a new tab)Filed 23 Jul 2025, unaudited
Results for the quarter to Mar 2025 (opens in a new tab)Filed 10 Jun 2025, audited
Results for the quarter to Dec 2024 (opens in a new tab)Filed 29 Jan 2025
Results for the quarter to Sep 2024 (opens in a new tab)Filed 23 Oct 2024
Results for the quarter to Jun 2024 (opens in a new tab)Filed 24 Jul 2024
Results for the quarter to Mar 2024 (opens in a new tab)Filed 8 May 2024
Results for the quarter to Dec 2023 (opens in a new tab)Filed 31 Jan 2024
Results for the quarter to Sep 2023 (opens in a new tab)Filed 28 Oct 2023
Results for the quarter to Jun 2023 (opens in a new tab)Filed 24 Jul 2023
Results for the quarter to Mar 2023 (opens in a new tab)Filed 11 May 2023
Results for the quarter to Dec 2022 (opens in a new tab)Filed 30 Jan 2023
Results for the quarter to Sep 2022 (opens in a new tab)Filed 3 Nov 2022
Results for the quarter to Jun 2022 (opens in a new tab)Filed 22 Jul 2022
Results for the quarter to Mar 2022 (opens in a new tab)Filed 10 May 2022
Results for the quarter to Dec 2021 (opens in a new tab)Filed 25 Jan 2022

Segment results by quarter

Consolidated, ₹ crore, quarters to Sep 2026.SRF segment results by year

Chemicals Business (CB)
Revenue, ₹ crore
1,394
1,816
1,482
1,358
1,496
2,355
1,839
1,667
1,825
2,448
2,315
2,079
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
322
498
306
246
364
748
503
481
496
783
638
528
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Performance Films & Foil Business (PFB)
Revenue, ₹ crore
1,091
1,182
1,336
1,421
1,385
1,412
1,418
1,408
1,342
1,596
2,017
2,122
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
45
33
87
83
90
105
140
119
95
154
350
206
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Technical Textiles Business (TTB)
Revenue, ₹ crore
458
469
525
536
510
458
467
474
454
483
597
595
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
69
70
68
71
59
40
38
42
45
65
108
72
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Others
Revenue, ₹ crore
114
106
126
113
101
87
95
91
92
89
105
107
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
21
16
24
17
16
12
13
8
17
9
20
10
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26

₹ crore	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue of all businesses	3,057	3,573	3,470	3,427	3,491	4,313	3,819	3,640	3,713	4,615	5,033	4,904
Company revenue, as in its results	3,053	3,570	3,464	3,424	3,491	4,313	3,819	3,640	3,713	4,615	5,033	4,904
Revenue	1,394	1,816	1,482	1,358	1,496	2,355	1,839	1,667	1,825	2,448	2,315	2,079
Revenue growth	−20.6%	−13.6%	−10.8%	−4.8%	7.3%	29.7%	24.1%	22.8%	22.0%	3.9%	25.9%	24.8%
Profit	322	498	306	246	364	748	503	481	496	783	638	528
Profit growth	−42.9%	−32.7%	−33.4%	−29.2%	13.0%	50.4%	64.1%	95.5%	36.4%	4.6%	26.9%	9.7%
Margin	23.1%	27.4%	20.7%	18.1%	24.3%	31.8%	27.3%	28.9%	27.2%	32.0%	27.6%	25.4%
Assets	10,688	10,746	10,772	10,749	11,010	10,875	11,268	11,507	11,746	11,886	12,472	12,905
Liabilities	926	1,043	1,013	906	1,024	1,115	1,173	1,143	1,248	1,317	1,400	1,430
Capital employed	9,762	9,703	9,759	9,843	9,986	9,761	10,095	10,364	10,498	10,569	11,072	11,475
Revenue	1,091	1,182	1,336	1,421	1,385	1,412	1,418	1,408	1,342	1,596	2,017	2,122
Revenue growth	−9.3%	2.5%	22.1%	26.7%	27.0%	19.4%	6.1%	−0.9%	−3.1%	13.0%	42.2%	50.7%
Profit	45	33	87	83	90	105	140	119	95	154	350	206
Profit growth	−62.2%	−19.3%	69.1%	7.2%	101.4%	216.4%	61.6%	43.6%	4.9%	46.8%	149.5%	73.4%
Margin	4.1%	2.8%	6.5%	5.8%	6.5%	7.4%	9.9%	8.4%	7.1%	9.6%	17.3%	9.7%
Assets	6,312	6,181	6,499	6,723	6,635	6,646	6,927	7,229	7,463	8,078	8,914	9,043
Liabilities	1,473	1,392	1,495	1,411	1,262	1,494	1,600	1,631	1,575	1,768	2,154	1,938
Capital employed	4,839	4,789	5,004	5,312	5,373	5,151	5,327	5,598	5,888	6,310	6,760	7,105
Revenue	458	469	525	536	510	458	467	474	454	483	597	595
Revenue growth	7.6%	8.9%	13.1%	5.8%	11.2%	−2.2%	−11.2%	−11.4%	−11.0%	5.3%	27.9%	25.5%
Profit	69	70	68	71	59	40	38	42	45	65	108	72
Profit growth	101.2%	44.3%	11.6%	−4.8%	−14.4%	−42.6%	−44.4%	−40.7%	−23.7%	62.6%	186.4%	70.9%
Margin	15.0%	14.9%	12.9%	13.3%	11.6%	8.7%	8.1%	8.9%	9.9%	13.5%	18.1%	12.2%
Assets	1,956	2,030	2,092	2,141	2,158	2,199	2,171	2,107	2,124	2,165	2,367	2,293
Liabilities	502	525	557	461	431	411	381	327	362	334	503	362
Capital employed	1,454	1,505	1,534	1,680	1,727	1,788	1,790	1,780	1,762	1,831	1,864	1,931
Revenue	114	106	126	113	101	87	95	91	92	89	105	107
Revenue growth	23.0%	12.6%	6.3%	−11.1%	−10.9%	−17.6%	−24.8%	−19.5%	−9.1%	1.5%	10.5%	18.1%
Profit	21	16	24	17	16	12	13	8	17	9	20	10
Profit growth	132.1%	37.3%	1.8%	−48.1%	−26.1%	−20.3%	−43.0%	−56.4%	8.3%	−26.4%	50.3%	29.1%
Margin	18.7%	14.7%	18.7%	15.2%	15.5%	14.2%	14.1%	8.3%	18.5%	10.3%	19.2%	9.0%
Assets	167	178	197	204	191	217	257	232	237	239	239	230
Liabilities	44	42	58	42	34	44	58	33	46	43	45	45
Capital employed	123	137	140	162	157	173	199	198	191	197	194	185

Profit is before tax and finance costs, the way companies report their segments.

Q2 results, quarter to Sep 2026

From revenue to net profit, ₹ crore

SRF results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Filed results, as an XML file each

Segment results by quarter

Chemicals Business (CB)

Performance Films & Foil Business (PFB)

Technical Textiles Business (TTB)

Others