SRF Ltd (NSE:SRF)
₹ 2,622.7 -244.5 (-8.53%) Market Cap: 777.38 Bil Enterprise Value: 816.86 Bil PE Ratio: 42.36 PB Ratio: 5.53 GF Score: 89/100

Q3 2025 SRF Ltd Earnings Call Transcript

Jan 30, 2025 / 09:00AM GMT
Release Date Price: ₹2831.15 (+6.24%)

Key Points

Positve
  • SRF Ltd (BOM:503806) reported a 14% year-on-year growth in gross operating revenue for Q3 FY25, reaching INR3,491 crore.
  • The Chemicals business showed strong performance with a 7% year-on-year revenue growth and a 10% increase over Q2 FY25.
  • The Packaging Films business achieved a 27% year-on-year revenue growth, supported by strong sales of value-added products.
  • The company has received registrations for future active ingredients, indicating potential for increased sales in FY26.
  • SRF Ltd (BOM:503806) declared a second interim dividend of 36%, reflecting its commitment to shareholder returns.
Negative
  • The geopolitical environment remains uncertain, potentially impacting future business operations.
  • Export realizations for some refrigerant gases were soft, affecting overall performance.
  • The domestic market for aluminum foil faced margin pressure due to lower-cost imports from China.
  • The Coated Fabrics business experienced lower demand in the domestic market.
  • The strengthening of the US dollar negatively impacted results by approximately INR34 crore.
Operator

Ladies and gentlemen, good day, and welcome to SRF conference call, hosted by Emkay Global Financial Services. (Operator Instructions). Please note that this conference is being recorded. I now hand the conference over to Meet Vora from Emkay Global Financial Services. Thank you, and over to you, sir.

Meet Vora
Emkay Global Financial Services - Analyst

Thank you. Good afternoon, everyone, and thank you for joining us today. We at Emkay Global Financial Services Limited are pleased to host SRF Limited's Q3 and 9 months FY25 results conference call.

We have with us today, Mr. Rahul Jain, President and CFO of SRF Limited. I would now like to invite Ms. Nikita Dhawan, Head of Corporate Communications at SRF, to initiate proceedings for the call. Thank you. Over to you, Nikita.

Nitika Dhawan
SRF - Head of Corporate Communications

Good afternoon, everyone, and thank you for joining us on SRF Limited's quarter 3 and 9 months financial year '25 results conference call. We will begin this call with brief opening

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