SRF Ltd
About
Shri Ram Fibres was founded by Dr. Bharat Ram in 1970 as a textile company engaged in the manufacturing of single tire cords. It was renamed SRF Limited in the year 1990. Now, the company has become a diversified chemicals conglomerate, with a focus on specialty and industrial intermediates. With the production of fluorochemicals and specialty chemicals, packaging films, technical textiles, and coated and laminated fabrics, SRF caters to market segments like air conditioners, mines, cricket grounds, tires, food packaging, household appliances, and raw materials for pharmaceuticals. With the help of 16 manufacturing plants located across India, Thailand, South Africa, and Hungary, SRF exports its products to more than 100 countries. It is also associated with esteemed educational institutes such as Lady Shri Ram College for Women and the Shri Ram Schools as their promoter.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 13327 -10.9% | 14954 16.6% | 12829 50.3% | 8538 14.6% | 7453 2.8% | 7252 26.4% | 5735 16.7% | 4916 6.9% | 4600 -0.8% | 4637 13.6% | 4081 6.1% | 3849 -4.6% | 4033 12.9% | 3573 37.5% | 2600 28.7% | 2020 - |
| Net Operating Income (INR Cr) | 13139 -11.65% | 14870 19.60% | 12434 48.02% | 8400 16.51% | 7209 1.55% | 7100 27.03% | 5589 15.91% | 4822 4.99% | 4593 1.16% | 4540 12.99% | 4018 6.21% | 3783 -5.53% | 4004 15.28% | 3474 39.02% | 2499 23.24% | 2027 20.42% |
| Profit (INR Cr) | 1336 -38.2% | 2162 14.5% | 1889 57.7% | 1198 17.6% | 1019 58.8% | 642 39.0% | 462 -10.4% | 515 19.8% | 430 42.0% | 303 86.4% | 162 -35.8% | 253 -33.2% | 379 -21.8% | 484 49.3% | 324 132.0% | 140 - |
| Assets (INR Cr) | 16759 11.0% | 15097 21.1% | 12466 19.7% | 10412 13.9% | 9142 15.5% | 7916 16.9% | 6774 20.1% | 5638 5.9% | 5325 11.0% | 4798 12.7% | 4259 15.4% | 3690 19.4% | 3091 15.3% | 2682 16.3% | 2306 13.6% | 2029 - |
| Net Worth (INR Cr) | 11479 11.2% | 10327 20.6% | 8565 24.9% | 6856 39.0% | 4933 19.5% | 4129 15.8% | 3565 12.0% | 3183 15.2% | 2763 21.9% | 2267 11.3% | 2037 5.1% | 1939 10.8% | 1750 13.7% | 1539 32.4% | 1163 36.8% | 850 -2.2% |
| Employee Cost (INR Cr) | 935 14.9% | 814 4.3% | 780 25.5% | 621 14.7% | 542 17.6% | 461 -2.8% | 474 9.3% | 434 12.3% | 386 8.5% | 356 14.5% | 311 16.7% | 266 26.6% | 210 8.2% | 194 25.7% | 155 31.1% | 118 - |
| Interest Cost (INR Cr) | 302 | 205 | 116 | 134 | 201 | 198 | 124 | 102 | 130 | 138 | 96 | 100 | 117 | 90 | 78 | 60 |
| Cash & Bank Balance (INR Cr) | 408 | 616 | 459 | 282 | 125 | 199 | 97 | 96 | 389 | 107 | 82 | 191 | 140 | 90 | 90 | 9 |
| Total Debt (INR Cr) | 5031 | 4478 | 3655 | 3469 | 4135 | 3730 | 3142 | 2396 | 2515 | 2435 | 2175 | 1704 | 1228 | 973 | 1032 | 1054 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 10.0% | 14.5% | 14.7% | 14.0% | 13.7% | 8.9% | 8.1% | 10.5% | 9.4% | 6.5% | 4.0% | 6.6% | 9.4% | 13.6% | 12.5% | 6.9% |
| Profit As % Of Assets | 8.0% | 14.3% | 15.2% | 11.5% | 11.2% | 8.1% | 6.8% | 9.1% | 8.1% | 6.3% | 3.8% | 6.9% | 12.3% | 18.1% | 14.1% | 6.9% |
| Profit As % Of Networth | 11.6% | 20.9% | 22.1% | 17.5% | 20.7% | 15.5% | 13.0% | 16.2% | 15.6% | 13.4% | 8.0% | 13.0% | 21.7% | 31.5% | 27.9% | 16.4% |
| Interest Cost to EBITDA % | 11.7% | 5.8% | 3.7% | 6.3% | 13.8% | 15.3% | 13.7% | 10.5% | 13.6% | 19.2% | 19.0% | 16.3% | 14.0% | 10.0% | 12.6% | 16.1% |
| Debt to Equity Ratio | 0.44 | 0.43 | 0.43 | 0.51 | 0.84 | 0.90 | 0.88 | 0.75 | 0.91 | 1.07 | 1.07 | 0.88 | 0.70 | 0.63 | 0.89 | 1.24 |
| RONW | 12.3% | 22.9% | 24.5% | 20.3% | 22.5% | 16.7% | 13.7% | 17.3% | 17.1% | 12.9% | 8.2% | 13.7% | 23.0% | 35.8% | 32.2% | 22.6% |
| ROCE | 12.5% | 22.0% | 23.6% | 17.9% | 14.3% | 13.8% | 11.4% | 13.8% | 14.2% | 11.1% | 7.7% | 13.5% | 24.6% | 32.9% | 27.1% | 21.9% |