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Fundamentals for SRF Limited
Business Operations:
Sector: IndustrialsIndustry: Conglomerates
SRF Limited manufactures, purchases, and sells technical textiles, chemicals, packaging films, and other polymers. It operates through Technical Textiles Business, Chemicals Business, Packaging Film Business, and Others segments. The company offers polyester and nylon tyre cord, belting, coated, and laminated fabrics; and industrial and polyester industrial yarns. It also provides fluorochemicals, such as refrigerants for room air-conditioner, automobile air-conditioner, refrigerator, and chillers under the FLORON brand; propellants for the pharmaceutical sector under the Dymel brand; industrial chemicals used in various applications comprising solvents in pharma, feedstock for agrochemicals, metal de-greasing, etching of stainless steel and glass, foam blowing agents, and dry-cleaning; and PTFE resins for automotive, chemical processing/plant construction, construction, electrical/electronic engineering, semiconductor, and pharma and medical applications under the Flonio brand. In addition, the company offers advanced intermediates for the agrochemical and pharmaceutical applications; and bi-axially oriented polyethylene terephthalate and bi-axially oriented polypropylene films under the PETLAR and OPLAR brands. It also engages in the business of owning and renting real estate. It operates in India, the United States, South Africa, the United Kingdom, Italy, Indonesia, the United Arab Emirates, South Korea, Germany, Thailand, Hungary, Switzerland, Belgium, and internationally. SRF Limited was formerly known as Shri Ram Fibres and changed its name to SRF Limited in 1990. The company was incorporated in 1970 and is headquartered in Gurugram, India. SRF Limited is a subsidiary of KAMA Holdings Limited.
Revenue projections:
SRF Limited's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 1.103000 |
|---|---|
| forwardPE | 30.617231 |
| debtToEquity | 36.195000 |
| earningsGrowth | 0.106000 |
| revenueGrowth | 0.070000 |
| grossMargins | 0.480740 |
| operatingMargins | 0.206320 |
| trailingEps | 61.950000 |
| forwardEps | 89.260190 |
A current ratio of 1.103 for SRF implies that the company has ample liquidity to meet its short-term debts. SRF's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
SRF's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
SRF's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
The price of SRF has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.
Recommendation changes over time:
Analysts have been favoring SRF Limited with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning SRF Limited as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
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