SRF Limited Reports Robust Q1FY27 Results Driven by Strong Performance Across Business Segments

SRF Limited Reports Robust Q1FY27 Results Driven by Strong Performance Across Business Segments​

SRF Limited, a leading chemical-based multi-business entity engaged in manufacturing industrial and specialty intermediates, announced its consolidated financial results for the first quarter ended June 30, 2026. The company reported significant growth across all key segments, reflecting the resilience of its diversified portfolio despite an uncertain global environment.

The unaudited consolidated financials showed a healthy increase in revenue and profitability during Q1FY27 when compared to the corresponding period last year (CPLY).

Consolidated Financial Performance Highlights​

SRF Limited reported substantial increases in revenue, operational earnings, and profit after tax (PAT) for the quarter.


Chairman and Managing Director Ashish Bharat Ram commented that the results were an "exceptional quarter" and reflected the strength of the company's diversified business models. While inventory gains contributed, the strong momentum across various businesses was the fundamental driver of performance.

Segment-wise Performance Review​

The company’s various segments delivered mixed but broadly positive performances:

Chemicals Business
The Chemicals Business recorded a revenue increase of 26%, rising from ₹1,839 crore to ₹ 2,315 crore in Q1FY27. The operating profit for the business grew by 27%, increasing from ₹ 503 crore to ₹ 638 crore over CPLY.

Performance Films & Foil Business
This segment achieved a record quarterly performance, driven by packed production in Films and Foil. Revenue increased by 42%, reaching ₹ 2,017 crore (up from ₹ 1,418 crore in CPLY), while the operating profit saw a dramatic rise of 149% from ₹ 140 crore to ₹ 350 crore. The business reinforced its industry leadership through continued focus on sustainable solutions and Value-Added Products (VAPs).

Technical Textiles Business
The Technical Textiles segment showed steady momentum, with revenue rising by 28%, going from ₹ 467 crore to ₹ 597 crore in Q1FY27. The operating profit of the business increased sharply by 186%, growing from ₹ 38 crore to ₹ 108 crore over CPLY. This growth was supported by stable demand and higher margins for Tyre Cord Fabrics, alongside strong domestic and export orders for Belting Fabrics, despite competitive pressure from Chinese exports.

Fluorochemicals Business
The Fluorochemicals Business reported a robust performance, benefiting from strong sales of Refrigerants and Propellants and healthy demand in the Chloromethanes and Fluoropolymers markets. The business effectively responded to evolving market conditions while maintaining its growth trajectory.

Other Segments
The Other Businesses recorded an 11% segment revenue increase, moving from ₹ 95 crore to ₹ 105 crore in Q1FY27. Correspondingly, the operating profit increased by 50%, rising from ₹ 13 crore to ₹ 20 crore over CPLY. The Coated and Laminated Fabrics Business maintained expectations, with the Coated Fabrics segment sustaining its domestic leadership position and benefiting from a favorable mix of VAPs.

Corporate Investments and Innovation​

The Board approved significant capital expenditure initiatives aimed at future growth:

• Performance Films & Foil: A total investment of ₹250 crore was approved to establish a BOPET Thick Film Line in India, which will utilize Brucknermade production line and Kampf primary slitter equipment.
• Chemicals Business: The company is undertaking several smaller capital expenditure projects within the Specialty Chemicals Business. These investments are focused on debottlenecking initiatives to enhance capacity and operational efficiencies, particularly within the Agrochemicals portfolio.

On the matter of innovation, as of June 30, 2026, SRF has applied for a total of five hundred and twenty-eight patents. Globally, one hundred and fifty-nine of these patents have been granted.

Interim Dividend Announcement​

The Board of Directors announced an interim dividend of ₹ 5 per share in the current meeting.

SRF Stock Price Movement​

Shares of SRF Limited slipped today by 4.12% in post-market trading, settling at ₹2867.2 after shedding ₹121.00 from the previous close. The decline follows a volatile session where the stock traded within an intraday range between a low of ₹2815 and a high of ₹2969.9.