SRF Reports 76% YoY Growth in Q1 FY27 Net Profit, Declares Rs 5 Interim Dividend; Board Approves Rs 250 Crore Capacity Expansion

On Wednesday, Indian equity benchmark indices traded lower, with the benchmark Nifty 50 index declining 207.80 points, or 0.86 per cent, to 23,979.90. Amid the broader market weakness, SRF share price was trading at Rs 2,883.90, down 1.87 per cent after the company announced its Q1 FY27 financial results along with an interim Dividend.

SRF Q1 FY27 Financial Performance

On a consolidated basis, revenue from operations increased 31.81 per cent YoY to Rs 5,033.26 crore in Q1 FY27 from Rs 3,818.62 crore in the corresponding quarter last year.

Total income rose 31.69 per cent YoY to Rs 5,067.17 crore from Rs 3,847.74 crore.

Profit before Tax surged 70.04 per cent YoY to Rs 979.15 crore from Rs 575.82 crore, while net profit jumped 75.54 per cent YoY to Rs 758.87 crore compared with Rs 432.32 crore reported in Q1 FY26. Earnings per share (EPS) increased to Rs 25.60 from Rs 14.58 a year ago.
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SRF Board Declares Interim Dividend

The Board of Directors approved a first interim dividend of Rs 5 per equity share (50 per cent on the face value of Rs 10 each) for FY27. The total dividend payout amounts to Rs 148.21 crore.

Board Approves Rs 250 Crore Capacity Expansion

The Board of Directors has approved a capital expenditure of Rs 250 crore to establish a BOPET Thick Film production line with a proposed capacity of 25,000 MTPA. The project is expected to be commissioned within 24 months and will be funded through a mix of debt and internal accruals. The company stated that BOPET thick film is a specialised product catering to industrial and electronic end-use segments, and as a new substrate, it is less exposed to the cyclical nature of commodity thin films. Additionally, the limited domestic manufacturing capacity for the product is expected to reduce market volatility and strengthen SRF's position in the segment.

SRF Segment-wise Performance

SRF continued to strengthen its operations across all major business verticals during the quarter.

The Chemicals Business remained the largest contributor, generating Rs 2,314.86 crore in revenue, while the Performance Films & Foil Business reported revenue of Rs 2,016.69 crore. The Technical Textiles Business contributed Rs 596.84 crore, reflecting continued expansion across the company's diversified specialty chemicals and advanced materials portfolio.

The company's consolidated asset base also expanded to Rs 25,453.59 crore as of June 30, 2026, compared with Rs 22,121.76 crore a year earlier, reflecting continued investments in business expansion and manufacturing capabilities.

SRF Strong Operating Performance

On a consolidated basis, SRF's operating margin improved to 20.82 per cent in Q1 FY27 from 17.17 per cent in the corresponding quarter last year. The company's net profit margin also expanded to 15.08 per cent from 11.32 per cent, reflecting improved operating efficiency and stronger profitability during the quarter.

About SRF Ltd

SRF Ltd is a diversified chemicals-based multi-business company engaged in specialty chemicals, fluorochemicals, packaging films, technical textiles and coated fabrics. The company serves industries including pharmaceuticals, agrochemicals, automotive, packaging and industrial applications across domestic and international markets.

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Disclaimer: The article is for informational purposes only and should not be construed as investment advice.