SRF Ltd

Net profit of SRF rose 24.60% to Rs 526.06 crore in the quarter ended March 2025 as against Rs 422.21 crore during the previous quarter ended March 2024. Sales rose 20.23% to Rs 4215.17 crore in the quarter ended March 2025 as against Rs 3505.92 crore during the previous quarter ended March 2024. For the full year,net profit declined 6.36% to Rs 1250.78 crore in the year ended March 2025 as against Rs 1335.71 crore during the previous year ended March 2024. Sales rose 11.21% to Rs 14358.15 crore in the year ended March 2025 as against Rs 12910.35 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales4215.173505.92 20 14358.1512910.35 11 OPM %22.7119.85 -18.9320.02 - PBDT902.51629.21 43 2475.202364.84 5 PBT707.36443.32 60 1703.701692.22 1 NP526.06422.21 25 1250.781335.71 -6 Powered by Capital Market - Live

The Board of SRF at the meeting held on 12th May 2025 has recommended nil dividend for the FY2024-25.Powered by Capital Market - Live

SRF will hold a meeting of the Board of Directors of the Company on 12 May 2025.Powered by Capital Market - Live

Latent View Analytics Ltd, Happiest Minds Technologies Ltd, Central Bank of India, Aegis Logistics Ltd are among the other stocks to see a surge in volumes on BSE today, 02 April 2025.SRF Ltd recorded volume of 1.61 lakh shares by 10:47 IST on BSE, a 8.39 times surge over two-week average daily volume of 19195 shares. The stock gained 1.34% to Rs.2,917.15. Volumes stood at 14254 shares in the last session.Latent View Analytics Ltd notched up volume of 3.31 lakh shares by 10:47 IST on BSE, a 5.45 fold spurt over two-week average daily volume of 60756 shares. The stock slipped 0.39% to Rs.369.80. Volumes stood at 12497 shares in the last session.Happiest Minds Technologies Ltd clocked volume of 2.84 lakh shares by 10:47 IST on BSE, a 4.78 times surge over two-week average daily volume of 59393 shares. The stock gained 1.91% to Rs.603.15. Volumes stood at 21792 shares in the last session.Central Bank of India witnessed volume of 22.34 lakh shares by 10:47 IST on BSE, a 4.71 times surge over two-week average daily volume of 4.74 lakh shares. The stock dropped 9.64% to Rs.37.39. Volumes stood at 5.84 lakh shares in the last session.Aegis Logistics Ltd saw volume of 2.68 lakh shares by 10:47 IST on BSE, a 4.5 fold spurt over two-week average daily volume of 59607 shares. The stock increased 3.78% to Rs.812.65. Volumes stood at 51459 shares in the last session.Powered by Capital Market - Live

Profit before tax in third quarter of FY25 was at Rs 368.70 crore, up 5.85% from Rs 348.32 crore recorded in the same period a year ago. Earnings before interest and tax (EBIT) grew 16% to Rs 529 crore in Q3 FY25 as against Rs 457 crore posted in corresponding period last year (CPLY). The chemicals business reported an increase of 7% YoY in its segment revenue to Rs 1,496 crore during Q3 FY25. The operating profit of the chemicals business increased 13% YoY to Rs 364 crore in the December 2024 quarter. During the quarter, the specialty chemicals business continued to experience some overhang of inventory buildup among agrochemical customers. However, there appears to be a gradual increase in demand. The fluorochemicals business received strong support for refrigerants from OEMs in the domestic market. The chloromethanes segment also maintained stable performance during the quarter. Revenue from packaging films business increased 27% in its segment revenue to Rs 1,385 crore in Q3 FY25. The operating profit of the packaging films business jumped 100% YoY to Rs 90 crore in Q3 of FY25. This quarter, the business demonstrated satisfactory performance. SRF maintained a strong position within the industry, although margins in Aluminium Foil experienced pressure due to lower-cost imports from China and Thailand. The technical textiles business reported an increase of 11% in its segment revenue to Rs 510 crore from Rs 458 crore during Q3 FY25 over Q3 FY24. The operating profit of this business decreased 14% YoY to Rs 59 crore in third quarter of FY25. During the quarter, the technical textiles business underperformed due to lower demand and margins in the belting fabrics segment. On the positive side, the polyester industrial yarn segment reached full capacity utilization. Other businesses reported a decrease of 11% in its segment revenue to Rs 101 crore in Q3 FY25 over Q3 FY24. The operating profit of the other businesses decreased 26% from Rs 21 crore to Rs 16 crore in Q3 FY25 over Q3 FY24. Y. During the quarter, the coated fabrics segment experienced slower performance due to weak demand in the domestic market. The laminated fabrics segment performed in line with expectations. As of 31 December 2024, the company has applied for a total of 469 patents. Till date, the company has been granted 151 patents globally. Meanwhile, the board has declared an interim dividend of Rs 3.60 per share, as on the record date i.e. 4 February 2025. The date of payment of interim dividend will be on or before Thursday, 27 February 2025. Further, the board has also approved re-appointment of Ashish Bharat Ram as chairman & managing director for a further term starting from 23 May 2025 upto 31 March 2030. Lastly, the board of directors of the company also approved the appointment of Geeta Shamrao Jadhav as the president & CHRO, senior management personnel of the company with effect from 30 January 2025. Ashish Bharat Ram, chairman and managing director of SRF, said, 'We have seen a decent recovery this quarter. Building on the momentum, we expect to finish the year on a reasonably strong footing.' SRF is a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates. The company's diversified business portfolio covers fluorochemicals, specialty chemicals, packaging films, technical textiles, coated and laminated fabrics. Powered by Capital Market - Live

SRF announced that the Board of Directors of the Company at its meeting held on 29 January 2025, inter alia, have recommended the second interim dividend of Rs 3.6 per equity Share (i.e. 36%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of SRF rose 6.96% to Rs 271.08 crore in the quarter ended December 2024 as against Rs 253.43 crore during the previous quarter ended December 2023. Sales rose 13.78% to Rs 3406.69 crore in the quarter ended December 2024 as against Rs 2994.03 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3406.692994.03 14 OPM %18.1918.90 - PBDT562.96517.21 9 PBT368.70348.32 6 NP271.08253.43 7 Powered by Capital Market - Live

SRF will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

SRF has fixed 31 January 2025 as record date for payment of 2nd interim dividend for FY 2024-25, if any. Powered by Capital Market - Live

Shares of SRF rallied 13.66% to Rs 2,672.25 while Navin Flourine International jumped 9.76% to Rs 3,825 on the BSE. Both shares surged after IGas USA raised concerns about significant supply shortages for R32 and R125. The R32 refrigerant is used in air conditioning and low-temperature refrigeration systems. It absorbs heat and creates cool air. Similarly, the R125 is also used in air conditioning, refrigeration and other industries. Brokerage firm noted that every $1 per kilogram change in realisations of the R32 refrigerant could increase SRF's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) by Rs 260 crore. Similarly, every $1 per kilogram change in realisations of the R32 gas can improve Navin Fluorine's EBITDA by Rs 77 crore. SRF is a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates. The company's diversified business portfolio covers fluorochemicals, specialty chemicals, packaging films, technical textiles, coated and laminated fabrics. Navin Fluorine International belongs to a reputed industrial house of Padmanabh Mafatlal Group in India. It has largest integrated fluorochemicals complex in India. The company primarily focuses on fluorine chemistry - producing refrigeration gases, chemicals, inorganic bulk fluorides, specialty organofluorines and offers Contract Research and manufacturing services.Powered by Capital Market - Live