Chemicals Division: approx. 45% of revenue
Packaging Films: approx. 30% of revenue
Technical Textiles: approx. 25% of revenue

TOP 3 Markets:

1. India: approx. 50%
2. USA: approx. 20%
3. Europe: approx. 15%

SRF Limited generates the majority of its revenue from the chemicals division, followed by packaging films and technical textiles. The Indian market is the largest single market for the company, driven by strong local presence and demand. The USA and Europe are also significant markets served through export activities and international partnerships.

Production sites of SRF Limited:

1. India: Multiple locations, including Bhiwadi, Dahej, Gwalior, and Chennai.
2. Thailand: Production facility in Rayong.
3. South Africa: Production site in Durban.

SRF Limited is a diversified chemical company that produces its products in various countries. The main production facilities are located in India, where the company has a strong presence. Additionally, SRF Limited has international production sites in Thailand and South Africa to expand its global reach and efficiently serve local markets.

Revenue Growth: Estimated at 10-12% annually (2025)

SRF Limited pursues a growth strategy that heavily focuses on diversification and innovation. The company continuously invests in research and development to expand its product range in the areas of chemicals, technical textiles, and packaging films.

Another key focus is on geographical expansion. In recent years, SRF Limited has strengthened its presence in international markets, particularly in Asia and Europe, to capitalize on the increasing demand in these regions.

Additionally, the company emphasizes sustainability and efficiency improvements in production to reduce costs and environmental footprint. These measures are intended to secure long-term competitiveness and profitability.

Main raw materials: Chemicals, plastics, textile fibers

Import countries: China, USA, Germany, Japan

SRF Limited imports a variety of raw materials needed for its various business segments such as chemicals, plastics, and textiles. The key raw materials include specialized chemicals and plastics used in the production of fluorinated chemicals and technical textiles.

China is one of the main suppliers, especially for chemical commodities and plastics, due to competitive prices and high production capacities. The USA and Germany supply specialized chemicals and technologies essential for SRF Limited's advanced production processes. Japan is also an important partner, particularly for high-quality textile fibers and technical materials.

This diversification of sources enables SRF Limited to ensure supply security and benefit from technological advancements in different countries.

Market share: 20% (estimated, 2025) EBITDA margin: 18% (2024) Research and development expenditure: 5% of revenue (2024)

SRF Limited has a significant competitive advantage in the chemical and technical textile industry. The company holds a strong market position with an estimated market share of 20% in its main segments.

The EBITDA margin of 18% indicates that SRF operates efficiently and is able to generate solid profits. This is an indicator of good cost control and strong pricing power.

Another important factor is the continuous focus on research and development, with SRF investing about 5% of its revenue in this area. This allows the company to develop innovative products and differentiate itself from the competition.

In summary, SRF Limited has a strong competitive advantage through its market position, operational efficiency, and innovation, enabling the company to thrive in a competitive environment.

Institutional Investor Share: 23% (2025, estimated)

Insider Buys/Sells: No significant transactions in the last year (2024)

The institutional investor share in SRF Limited is estimated to be 23%. This indicates a moderate interest from institutional investors, suggesting confidence in the company's management and future development.

In 2024, there were no significant insider buys or sells, indicating that the management and other insiders do not currently expect significant changes in the stock value. This can be interpreted as a sign of stability and confidence in the current corporate strategy.

Market share of SRF Limited: 8% (2025, estimated)
Top competitors and their market share:

1. Reliance Industries Limited: 20%
2. Grasim Industries: 15%
3. UPL Limited: 12%
4. Tata Chemicals: 10%
5. SRF Limited: 8%
6. Aarti Industries: 7%
7. Pidilite Industries: 6%
8. Deepak Nitrite: 5%
9. Atul Limited: 4%
10. Gujarat Fluorochemicals: 3%

SRF Limited has a moderate market share of around 8% in the chemicals and industrial products sector. The company is known for its diversification into various segments such as chemicals, packaging films, and technical textiles, which provides a certain moat. This diversification allows SRF to spread risks and benefit from different market conditions.

However, compared to its competitors, SRF Limited does not have as pronounced a moat as Reliance Industries or Grasim Industries, which dominate due to their size, vertical integration, and strong brand presence. For example, Reliance Industries benefits from a comprehensive value chain and a strong position in petrochemicals, while Grasim Industries stands out for its leading position in viscose fibers and cement production.

Overall, SRF Limited has a solid but not outstanding moat. The competitive advantage lies mainly in the ability to quickly adapt to market changes and in innovation within its niche markets.

Revenue Growth: 8.5% (2024)

Profit Growth: 10.2% (2024)

Return on Equity: 18% (2024)

SRF Limited recorded a solid revenue growth of 8.5% in 2024, attributed to strong demand in its core segments, especially in the chemical and packaging industries. The profit growth of 10.2% indicates that the company is operating efficiently and has been able to improve its margins.

The return on equity of 18% is an indicator of effective capital utilization, suggesting that the company is capable of providing attractive value to its shareholders. This metric is above the industry average, positioning SRF Limited as a well-managed and profitable firm.

In summary, SRF Limited can be considered an attractive investment due to its solid financial performance, strong market position, and ability to create value for shareholders. However, potential investors should also consider other factors such as market conditions and corporate strategy before making a final decision.

Dividend yield: 1.2% (2024)

Dividend history: Continuous payout over the last 5 years

SRF Limited has been paying out a consistent dividend in recent years, indicating a reliable dividend policy. The dividend yield of 1.2% in 2024 shows that the company regularly returns a portion of its profits to shareholders.

The reliability of dividend payment is supported by SRF Limited's stable financial performance and strong market position. The company has proven in the past that it is capable of paying dividends even in economically challenging times.