- Valuation
- ₹74,660 Cr

About SRF Limited
Data last updated:
SRF Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Kama Holdings Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 January 1970 and has been in existence for over 56 years.
SRF is ranked #96 among India's most valuable companies (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L18101DL1970PLC005197. Its GSTIN is 07AAACS0206P1ZF (Delhi). The company holds 18 GST registrations, of which 14 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 503806 and NSE: SRF.
The company has an authorised share capital of ₹336 Cr and a paid-up capital of ₹296.42 Cr. It is led by directors including Ashish Bharat Ram (Managing Director) and Kartik Bharat Ram (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at The Galleria DLF Mayur Vihar Unit No. 236 & 237 2nd Floor Mayur Place Mayur Vihar Phas, E I Extn., New Delhi, Delhi, India – 110091.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹15,787 Cr, a growth of 7.4% compared to the previous year. For the same year it recorded a net profit of ₹1,902.69 Cr (net margin 12.1%) and EBITDA of ₹3,324.69 Cr (EBITDA margin 21.1%). The net worth stands at ₹14,043 Cr (up 11.2% YoY). Total assets are valued at ₹19,670 Cr (up 10.8% YoY).
The company has about 7,700 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: SRF. As per MCA filings, the company has open charges of ₹5,310.59 Cr and satisfied charges of ₹8,252.73 Cr on record. Court records list 533 cases involving the company, including 299 filed by the company and 234 filed against it; 88 cases are pending. The company has 91 deals on record (88 market trades, 2 acquisitions, 1 qip); the latest was in November 2022. Its 3 peer companies in the Manufacturing industry (Films and Foils, Industrial Chemicals, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 2 smaller; the largest is Grasim Industries Ltd with revenue of ₹1,49,937 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2024, listing 570 overdue payments to 204 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website srf.com.
Company details
Recognitions & Rankings of SRF
Contact details
SRF Limited's registered office is in New Delhi, Delhi. Its website is srf.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe Galleria DLF Mayur Vihar Unit No. 236 & 237 2nd Floor Mayur Place Mayur Vihar Phas, E I Extn., New Delhi, Delhi, India – 110091
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of SRF Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of SRF is manufacturing. In detail, this covers textile, leather and other apparel products, chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of SRF Limited, buy the company report.
Financials of SRF Limited
FY 2025-26 filings availableSRF Limited reported revenue of ₹15,787 Cr (up 7.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 15,787 | 14,693 | 13,139 | 14,870 | 12,434 | 8,400 | 7,209 |
| Revenue growth | +7.4% | +11.8% | -11.7% | +19.6% | +48.0% | +16.5% | - |
| EBITDA | 3,325 | 2,718 | 2,584 | 3,529 | 3,103 | 2,133 | 1,455 |
| EBITDA margin | +21.1% | +18.5% | +19.7% | +23.7% | +25.0% | +25.4% | +20.2% |
| Profit before tax | 2,302 | 1,704 | 1,692 | 2,824 | 2,586 | 1,612 | 1,018 |
| Net profit | 1,903 | 1,250 | 1,332 | 2,158 | 1,887 | 1,198 | 1,008 |
| Net profit margin | +12.1% | +8.5% | +10.1% | +14.5% | +15.2% | +14.3% | +14.0% |
| EPS (₹) | 61.70 | 42.05 | 44.91 | 72.70 | 63.51 | 198.80 | 174.20 |
| Balance sheet | |||||||
| Total assets | 19,670 | 17,761 | 16,759 | 15,097 | 12,466 | 10,412 | 9,142 |
| Net worth | 14,043 | 12,626 | 11,479 | 10,327 | 8,565 | 6,856 | 4,933 |
| Total debt | 5,083 | 4,726 | 5,031 | 4,478 | 3,655 | 3,469 | 4,135 |
| Cash & bank | 611 | 354 | 408 | 616 | 459 | 282 | 125 |
| Net working capital | 3,192 | 2,684 | 2,460 | 2,437 | 2,301 | 1,395 | 1,149 |
| Cash flow | |||||||
| Cash from operations | 2,554 | 2,487 | 2,094 | 2,902 | 2,106 | 1,772 | 1,304 |
| Cash from investing | (1,589) | (1,482) | (2,231) | (2,964) | (1,586) | (1,499) | (1,179) |
| Cash from financing | (708) | (1,071) | (71.70) | 220 | (207) | (251) | (199) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,904 | 5,033 | 4,615 | 3,713 | 3,640 | 3,819 | 4,313 | 3,491 |
| Revenue growth (YoY) | +34.7% | +31.8% | +7.0% | +6.3% | +6.3% | +10.2% | - | - |
| Other income | 24.94 | 33.91 | 24.90 | 27.33 | 25.71 | 29.12 | 34.49 | 39.64 |
| EBITDA | 946 | 1,237 | 1,014 | 707 | 774 | 830 | 957 | 620 |
| EBITDA margin | +19.7% | +25.0% | +22.4% | +19.6% | +21.9% | +22.2% | +22.7% | +18.2% |
| Depreciation | 229 | 223 | 220 | 217 | 212 | 203 | 195 | 194 |
| Interest | 70.94 | 68.62 | 61.96 | 65.50 | 70.68 | 79.90 | 89.39 | 96.25 |
| Profit before tax | 671 | 979 | 757 | 452 | 517 | 576 | 707 | 369 |
| Tax | 162 | 220 | 175 | 19.01 | 129 | 144 | 181 | 97.62 |
| Net profit | 509 | 759 | 582 | 433 | 388 | 432 | 526 | 271 |
| EPS (₹) | 17.18 | 25.60 | 19.63 | 14.60 | 13.10 | 14.58 | 17.75 | 9.15 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 12,421 | 11,698 | 10,787 | 12,074 | 9,953 | 6,988 | 6,331 |
| Revenue growth | +6.2% | +8.5% | -10.7% | +21.3% | +42.4% | +10.4% | - |
| EBITDA | 2,939 | 2,456 | 2,390 | 3,194 | 2,533 | 1,741 | 1,263 |
| EBITDA margin | +23.7% | +21.0% | +22.2% | +26.5% | +25.5% | +24.9% | +19.9% |
| Profit before tax | 2,173 | 1,704 | 1,718 | 2,656 | 2,155 | 1,310 | 961 |
| Net profit | 1,791 | 1,266 | 1,370 | 2,019 | 1,505 | 925 | 963 |
| Net profit margin | +14.4% | +10.8% | +12.7% | +16.7% | +15.1% | +13.2% | +15.2% |
| EPS (₹) | 57.98 | 42.63 | 46.20 | 68.03 | 50.67 | 153.51 | 166.53 |
| Balance sheet | |||||||
| Total assets | 16,421 | 15,119 | 14,419 | 12,656 | 10,714 | 8,987 | 7,493 |
| Net worth | 12,681 | 11,569 | 10,514 | 9,254 | 7,625 | 6,295 | 4,684 |
| Total debt | 3,390 | 3,337 | 3,721 | 3,162 | 2,891 | 2,653 | 2,752 |
| Cash & bank | 506 | 329 | 370 | 536 | 329 | 230 | 107 |
| Net working capital | 2,765 | 2,536 | 2,519 | 2,367 | 2,404 | 1,847 | 1,214 |
| Cash flow | |||||||
| Cash from operations | 2,346 | 2,264 | 1,903 | 2,788 | 1,638 | 1,422 | 1,216 |
| Cash from investing | (1,429) | (1,314) | (2,074) | (2,328) | (1,280) | (1,790) | (422) |
| Cash from financing | (734) | (998) | 5.72 | (252) | (125) | 357 | (859) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,809 | 3,802 | 3,576 | 2,952 | 2,853 | 3,040 | 3,496 | 2,762 |
| Revenue growth (YoY) | +33.5% | +25.1% | +2.3% | +6.9% | +5.5% | +11.1% | - | - |
| Other income | 27.78 | 39.28 | 30.59 | 33.19 | 30.05 | 34.95 | 43.57 | 52.78 |
| Total expenses | 3,014 | 2,853 | 2,706 | 2,281 | 2,178 | 2,316 | 2,620 | 2,204 |
| EBITDA | 795 | 949 | 869 | 671 | 675 | 724 | 876 | 557 |
| EBITDA margin | +21.4% | +25.5% | +24.8% | +23.5% | +24.5% | +24.4% | +25.7% | +20.8% |
| Depreciation | 184 | 178 | 177 | 176 | 170 | 166 | 158 | 159 |
| Interest | 50.74 | 50.17 | 44.47 | 48.40 | 52.37 | 60.37 | 72.57 | 76.07 |
| Profit before tax | 588 | 760 | 678 | 480 | 483 | 533 | 689 | 375 |
| Tax | 150 | 193 | 171 | 21.83 | 120 | 136 | 176 | 95.48 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,904 | 5,033 | 4,615 | 3,713 | 3,640 | 3,819 | 4,313 | 3,491 |
| Revenue growth (YoY) | +34.7% | +31.8% | +7.0% | +6.3% | +6.3% | +10.2% | - | - |
| Other income | 24.94 | 33.91 | 24.90 | 27.33 | 25.71 | 29.12 | 34.49 | 39.64 |
| EBITDA | 946 | 1,237 | 1,014 | 707 | 774 | 830 | 957 | 620 |
| EBITDA margin | +19.7% | +25.0% | +22.4% | +19.6% | +21.9% | +22.2% | +22.7% | +18.2% |
| Depreciation | 229 | 223 | 220 | 217 | 212 | 203 | 195 | 194 |
| Interest | 70.94 | 68.62 | 61.96 | 65.50 | 70.68 | 79.90 | 89.39 | 96.25 |
| Profit before tax | 671 | 979 | 757 | 452 | 517 | 576 | 707 | 369 |
| Tax | 162 | 220 | 175 | 19.01 | 129 | 144 | 181 | 97.62 |
| Net profit | 509 | 759 | 582 | 433 | 388 | 432 | 526 | 271 |
| EPS (₹) | 17.18 | 25.60 | 19.63 | 14.60 | 13.10 | 14.58 | 17.75 | 9.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 15,787 | 14,693 | 13,139 | 14,870 | 12,434 | 8,400 | 7,209 |
| Revenue growth | +7.4% | +11.8% | -11.7% | +19.6% | +48.0% | +16.5% | - |
| Other income | 107 | 133 | 83.02 | 74.93 | 116 | 66.35 | 152 |
| Total expenses | 12,462 | 11,975 | 10,554 | 11,341 | 9,330 | 6,267 | 5,754 |
| Employee cost | 1,148 | 1,042 | 935 | 814 | 780 | 621 | 542 |
| EBITDA | 3,325 | 2,718 | 2,584 | 3,529 | 3,103 | 2,133 | 1,455 |
| EBITDA margin | +21.1% | +18.5% | +19.7% | +23.7% | +25.0% | +25.4% | +20.2% |
| Depreciation | 852 | 772 | 673 | 575 | 517 | 453 | 389 |
| Interest | 278 | 376 | 302 | 205 | 116 | 134 | 201 |
| Profit before tax | 2,302 | 1,704 | 1,692 | 2,824 | 2,586 | 1,612 | 1,018 |
| Tax | 466 | 453 | 357 | 662 | 697 | 414 | (1.20) |
| Net profit | 1,903 | 1,250 | 1,332 | 2,158 | 1,887 | 1,198 | 1,008 |
| Net profit margin | +12.1% | +8.5% | +10.1% | +14.5% | +15.2% | +14.3% | +14.0% |
| EPS (₹) | 61.70 | 42.05 | 44.91 | 72.70 | 63.51 | 198.80 | 174.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 297 | 297 | 297 | 297 | 297 | 60.26 | 58.50 |
| Reserves & surplus | 13,745 | 12,329 | 11,182 | 10,030 | 8,265 | 6,794 | 4,873 |
| Shareholders' funds (net worth) | 14,043 | 12,626 | 11,479 | 10,327 | 8,565 | 6,856 | 4,933 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 3,185 | 3,296 | 3,823 | 3,493 | 1,947 | 2,310 | 2,739 |
| Unsecured loans | 1,898 | 1,430 | 1,208 | 984 | 1,708 | 1,158 | 1,395 |
| Total debt | 5,083 | 4,726 | 5,031 | 4,478 | 3,655 | 3,469 | 4,135 |
| Total liabilities | 19,670 | 17,761 | 16,759 | 15,097 | 12,466 | 10,412 | 9,142 |
| Assets | |||||||
| Gross block | 19,229 | 18,126 | 16,864 | 13,063 | 10,900 | 9,856 | 7,938 |
| Net block | 13,926 | 13,720 | 13,242 | 10,050 | 8,425 | 7,827 | 6,368 |
| Capital work in progress | 1,889 | 811 | 805 | 2,406 | 1,672 | 772 | 1,393 |
| Investments | 687 | 827 | 527 | 494 | 321 | 417 | 203 |
| Inventories | 2,789 | 2,349 | 2,326 | 2,274 | 2,138 | 1,466 | 1,201 |
| Sundry debtors | 2,562 | 2,169 | 1,943 | 1,786 | 1,792 | 1,275 | 891 |
| Cash & bank balances | 611 | 354 | 408 | 616 | 459 | 282 | 125 |
| Loans & advances | 673 | 553 | 567 | 609 | 544 | 504 | 490 |
| Total current assets | 6,634 | 5,425 | 5,244 | 5,285 | 4,935 | 3,526 | 2,708 |
| Total current liabilities | 3,442 | 2,741 | 2,784 | 2,848 | 2,634 | 2,131 | 1,559 |
| Net working capital | 3,192 | 2,684 | 2,460 | 2,437 | 2,301 | 1,395 | 1,149 |
| Total assets | 19,670 | 17,761 | 16,759 | 15,097 | 12,466 | 10,412 | 9,142 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 334 | 399 | 608 | 450 | 138 | 116 | 190 |
| Net cash from operating activities | 2,554 | 2,487 | 2,094 | 2,902 | 2,106 | 1,772 | 1,304 |
| Net cash from investing activities | (1,589) | (1,482) | (2,231) | (2,964) | (1,586) | (1,499) | (1,179) |
| Net cash from financing activities | (708) | (1,071) | (71.70) | 220 | (207) | (251) | (199) |
| Net change in cash | 256 | (65.34) | (209) | 158 | 312 | 21.85 | (73.11) |
| Closing cash | 611 | 354 | 408 | 616 | 459 | 282 | 125 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.4% | +11.8% | -11.7% | +19.6% | +48.0% | +16.5% | - |
| EBITDA growth | +22.3% | +5.2% | -26.8% | +13.7% | +45.5% | +46.6% | - |
| PBT growth | +35.1% | +0.7% | -40.1% | +9.2% | +60.4% | +58.4% | +24.4% |
| Net income growth | +52.3% | -6.2% | -38.3% | +14.4% | +57.5% | +18.9% | - |
| Revenue CAGR (3Y) | +2.0% | +5.7% | +16.1% | +27.3% | +20.5% | +14.6% | +14.4% |
| EBITDA CAGR (3Y) | -2.0% | -4.3% | +6.6% | +34.4% | +33.8% | +33.0% | +14.5% |
| Profitability & leverage | |||||||
| Net income margin | +11.6% | +8.5% | +10.2% | +14.5% | +15.2% | +14.3% | +14.1% |
| Return on capital employed | +13.8% | +12.1% | +12.5% | +22.0% | +23.6% | +17.9% | +14.3% |
| Return on net worth | +13.8% | +10.4% | +12.3% | +22.9% | +24.5% | +20.3% | +22.5% |
| Debt / equity | 0.37 | 0.40 | 0.44 | 0.43 | 0.46 | 0.64 | 0.87 |
| Long-term debt / equity | 0.15 | 0.18 | 0.22 | 0.23 | 0.25 | 0.37 | 0.50 |
| Interest cover | 11.24 | 19.31 | 15.81 | 6.93 | 4.48 | 7.97 | 18.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.85 | 0.84 | 0.88 | 1.24 | 1.20 | 0.94 | 0.98 |
| Inventory turnover | 6.15 | 6.29 | 5.71 | 6.74 | 6.90 | 6.30 | 5.94 |
| Debtors turnover | 6.67 | 7.15 | 7.05 | 8.31 | 8.11 | 7.76 | 7.51 |
| EPS (₹) | 61.70 | 42.05 | 44.91 | 72.70 | 63.51 | 198.80 | 174.20 |
| Dividend per share (₹) | 9.00 | 7.20 | 7.20 | 7.20 | 16.75 | 24.00 | 14.00 |
| Book value per share (₹) | 472.12 | 424.50 | 385.93 | 347.20 | 287.86 | 1,137.39 | 843.04 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,809 | 3,802 | 3,576 | 2,952 | 2,853 | 3,040 | 3,496 | 2,762 |
| Revenue growth (YoY) | +33.5% | +25.1% | +2.3% | +6.9% | +5.5% | +11.1% | - | - |
| Other income | 27.78 | 39.28 | 30.59 | 33.19 | 30.05 | 34.95 | 43.57 | 52.78 |
| Total expenses | 3,014 | 2,853 | 2,706 | 2,281 | 2,178 | 2,316 | 2,620 | 2,204 |
| EBITDA | 795 | 949 | 869 | 671 | 675 | 724 | 876 | 557 |
| EBITDA margin | +21.4% | +25.5% | +24.8% | +23.5% | +24.5% | +24.4% | +25.7% | +20.8% |
| Depreciation | 184 | 178 | 177 | 176 | 170 | 166 | 158 | 159 |
| Interest | 50.74 | 50.17 | 44.47 | 48.40 | 52.37 | 60.37 | 72.57 | 76.07 |
| Profit before tax | 588 | 760 | 678 | 480 | 483 | 533 | 689 | 375 |
| Tax | 150 | 193 | 171 | 21.83 | 120 | 136 | 176 | 95.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 12,421 | 11,698 | 10,787 | 12,074 | 9,953 | 6,988 | 6,331 |
| Revenue growth | +6.2% | +8.5% | -10.7% | +21.3% | +42.4% | +10.4% | - |
| Other income | 129 | 175 | 119 | 106 | 135 | 63.30 | 234 |
| Total expenses | 9,482 | 9,242 | 8,397 | 8,880 | 7,420 | 5,247 | 5,068 |
| Employee cost | 944 | 869 | 790 | 684 | 658 | 534 | 487 |
| EBITDA | 2,939 | 2,456 | 2,390 | 3,194 | 2,533 | 1,741 | 1,263 |
| EBITDA margin | +23.7% | +21.0% | +22.2% | +26.5% | +25.5% | +24.9% | +19.9% |
| Depreciation | 689 | 630 | 556 | 468 | 419 | 384 | 353 |
| Interest | 206 | 296 | 236 | 176 | 94.45 | 111 | 182 |
| Profit before tax | 2,173 | 1,704 | 1,718 | 2,656 | 2,155 | 1,310 | 961 |
| Tax | 449 | 436 | 344 | 632 | 648 | 385 | (13.11) |
| Net profit | 1,791 | 1,266 | 1,370 | 2,019 | 1,505 | 925 | 963 |
| Net profit margin | +14.4% | +10.8% | +12.7% | +16.7% | +15.1% | +13.2% | +15.2% |
| EPS (₹) | 57.98 | 42.63 | 46.20 | 68.03 | 50.67 | 153.51 | 166.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 297 | 297 | 297 | 297 | 297 | 60.26 | 58.50 |
| Reserves & surplus | 12,347 | 11,243 | 10,196 | 8,944 | 7,324 | 6,232 | 4,624 |
| Shareholders' funds (net worth) | 12,681 | 11,569 | 10,514 | 9,254 | 7,625 | 6,295 | 4,684 |
| Secured loans | 2,702 | 2,750 | 3,157 | 2,474 | 2,011 | 2,093 | 2,104 |
| Unsecured loans | 688 | 587 | 564 | 688 | 880 | 559 | 648 |
| Total debt | 3,390 | 3,337 | 3,721 | 3,162 | 2,891 | 2,653 | 2,752 |
| Total liabilities | 16,421 | 15,119 | 14,419 | 12,656 | 10,714 | 8,987 | 7,493 |
| Assets | |||||||
| Gross block | 14,983 | 14,474 | 13,506 | 10,228 | 8,237 | 7,671 | 7,050 |
| Net block | 10,702 | 10,809 | 10,439 | 7,674 | 6,114 | 5,896 | 5,648 |
| Capital work in progress | 1,744 | 702 | 745 | 2,129 | 1,617 | 436 | 346 |
| Investments | 1,350 | 1,487 | 1,035 | 583 | 410 | 500 | 286 |
| Inventories | 2,124 | 1,805 | 1,901 | 1,849 | 1,751 | 1,287 | 1,110 |
| Sundry debtors | 1,948 | 1,765 | 1,538 | 1,436 | 1,351 | 1,012 | 769 |
| Cash & bank balances | 506 | 329 | 370 | 536 | 329 | 230 | 107 |
| Loans & advances | 635 | 554 | 775 | 693 | 585 | 716 | 430 |
| Total current assets | 5,214 | 4,454 | 4,584 | 4,513 | 4,015 | 3,245 | 2,416 |
| Total current liabilities | 2,448 | 1,918 | 2,065 | 2,146 | 1,611 | 1,398 | 1,203 |
| Net working capital | 2,765 | 2,536 | 2,519 | 2,367 | 2,404 | 1,847 | 1,214 |
| Total assets | 16,421 | 15,119 | 14,419 | 12,656 | 10,714 | 8,987 | 7,493 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 314 | 362 | 527 | 320 | 86.72 | 98.26 | 163 |
| Net cash from operating activities | 2,346 | 2,264 | 1,903 | 2,788 | 1,638 | 1,422 | 1,216 |
| Net cash from investing activities | (1,429) | (1,314) | (2,074) | (2,328) | (1,280) | (1,790) | (422) |
| Net cash from financing activities | (734) | (998) | 5.72 | (252) | (125) | 357 | (859) |
| Net change in cash | 183 | (47.92) | (165) | 208 | 233 | (11.54) | (64.54) |
| Closing cash | 506 | 329 | 370 | 536 | 329 | 230 | 107 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.2% | +8.5% | -10.7% | +21.3% | +42.4% | +10.4% | - |
| EBITDA growth | +19.7% | +2.8% | -25.2% | +26.1% | +45.5% | +37.9% | - |
| PBT growth | +27.5% | -0.8% | -35.3% | +23.2% | +64.5% | +36.3% | +40.4% |
| Net income growth | +41.4% | -7.6% | -32.1% | +34.2% | +62.7% | -3.9% | - |
| Revenue CAGR (3Y) | +1.0% | +5.5% | +15.6% | +24.0% | +17.1% | +15.1% | +17.7% |
| EBITDA CAGR (3Y) | -2.7% | -1.0% | +11.1% | +36.3% | +31.0% | +30.4% | +15.4% |
| Profitability & leverage | |||||||
| Net income margin | +13.9% | +10.8% | +12.7% | +16.8% | +15.1% | +13.2% | +15.4% |
| Return on capital employed | +15.1% | +13.6% | +14.4% | +24.2% | +22.8% | +17.3% | +15.7% |
| Return on net worth | +14.2% | +11.5% | +13.9% | +24.0% | +21.7% | +16.9% | +22.7% |
| Debt / equity | 0.28 | 0.32 | 0.35 | 0.36 | 0.40 | 0.49 | 0.68 |
| Long-term debt / equity | 0.13 | 0.15 | 0.18 | 0.18 | 0.20 | 0.24 | 0.34 |
| Interest cover | 9.14 | 16.23 | 12.85 | 6.45 | 4.47 | 8.19 | 20.03 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.84 | 0.84 | 0.91 | 1.31 | 1.25 | 0.95 | 0.98 |
| Inventory turnover | 6.32 | 6.31 | 5.75 | 6.71 | 6.55 | 5.83 | 5.73 |
| Debtors turnover | 6.69 | 7.08 | 7.25 | 8.66 | 8.42 | 7.85 | 7.79 |
| EPS (₹) | 57.98 | 42.63 | 46.20 | 68.03 | 50.67 | 153.51 | 166.53 |
| Dividend per share (₹) | 9.00 | 7.20 | 7.20 | 7.20 | 16.75 | 24.00 | 14.00 |
| Book value per share (₹) | 425.10 | 388.00 | 352.79 | 310.72 | 256.24 | 1,044.26 | 800.46 |
To see the full year-wise statements and ratios of SRF Limited, buy the company report.
Board of directors and KMP of SRF Limited
SRF Limited currently reports 10 directors and 2 key managerial personnel. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Lakhanpal | Company Secretary | 01 Apr 2019 | 7 Years 6 Months | Current |
| Vineet Agarwal | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Bharti Gupta Ramola Also directs: Tata Steel Limited, HDFC Life Insurance Company Limited | Director | 04 Feb 2019 | 7 Years 8 Months | Current |
| Kartik Bharat Ram | Whole-Time Director | 14 Nov 2006 | 19 Years 11 Months | Current |
| Raj Kumar Jain Also directs: JK Agri Genetics Limited, Network18 Media & Investments Limited, Relaxo Footwears Limited and 5 more | Director | 09 May 2022 | 4 Years 5 Months | Current |
| Prashant Mehra Also directs: SRF Altech Limited | Ceo | 09 May 2014 | 12 Years 5 Months | Current |
Peer comparison
SRF Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Films and Foils, Industrial Chemicals, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grasim Industries Ltd | ₹1,49,937 Cr (FY 2025) | 13.0% | Ujjain, Madhya Pradesh, India | |||
| SRF Limitedthis company | ₹15,787 Cr (FY 2026) | ₹1,902.69 Cr | 12.1% | 7.4% | 7,700 | New Delhi, Delhi, India |
| Bhilosa Industries Private Limited | ₹13,021 Cr (FY 2025) | 20.0% | Dadra and Nagar Haveli, India | |||
| Vardhman Textiles Limited | ₹10,121 Cr (FY 2025) | 3.0% | Ludhiana, Punjab, India |
To see the full peer comparison of SRF Limited, buy the company report.
Auditor
SRF Limited is audited by B S R & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2025 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 50.30%, foreign institutional investors hold 15.40%, domestic institutional investors hold 22.50% and retail and other public shareholders hold 11.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 50.30% | 50.30% | 50.30% | 50.30% |
| Public | 49.70% | 49.70% | 49.70% | 49.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2026 | 101326344 | Others | ₹300 Cr | Open | |
| 26 Sep 2025 | 101166486 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 17 Apr 2025 | 101083926 | Others | ₹407.93 Cr | Open | |
| 26 Mar 2024 | 100897072 | Hdfc Bank Limited | ₹90 Cr | Open | |
| 26 Mar 2024 | 100897073 | Hdfc Bank Limited | ₹110 Cr | Open |
To see the full charge records of SRF Limited, buy the company report.
Total charge records: 99 View all charges
Deals & funding
SRF Limited has 91 deals on record (88 market trades, 2 acquisitions, 1 qip); the latest was in November 2022.
Deals on record (5 of 91)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | QIP | ₹750 Cr | Investors: SBI Magnum Multicap Fund, India Focused Funds, Icici Prudential Life Insurance Company Limited , an individual |
| May 2019 | Acquisition | ₹318.76 Cr | Buyer: Envalior India Private Limited Seller: SRF Limited |
| Mar 2010 | Market trade | ₹12.11 Cr | Buyer: Gandiv Investment Private Limited Seller: Pat Financial Consultant Pvt Ltd |
| Oct 2009 | Market trade | ₹18.48 Cr | Buyer: Opg Securities Private Limited Seller: Opg Securities Private Limited |
| Dec 2008 | Acquisition | ₹149.68 Cr | Buyer: SRF Limited Seller: Kama Holdings Limited |
To see the full deal history of SRF Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SRF Limited has 533 court cases on record: 299 filed by SRF, 234 filed against it. 88 cases are pending and 445 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 263 | 89 | 46 |
| District courts | 245 | 132 | 42 |
| Supreme Court | 18 | 8 | 0 |
| NCLAT | 5 | 5 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 533)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Coal India Ltd | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Dakshin Gujarat Vij Company Ltd. and 2 others | Pending |
| High Court | Writ petition | Filed by the company against Kalp Buildtech Private Limited and 3 others | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by XS Productions India Pvt Ltd | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamil Nadu Green Energy Corporation Limited and 1 other | Disposed |
To see the full case history of SRF Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
SRF Limited was last rated by Indiarating on 18 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 18 Apr 2023 |
To see the full credit ratings and regulatory alerts of SRF Limited, buy the company report.
MSME payment delays
SRF Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 570 overdue payments to 204 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 204)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Trinity Engineering Enterprises | |||
| Sathe Engineering Company Private Limited | |||
| Rolcon Engineering Company Limited | |||
| an individual supplier |
To see the full MSME payment records of SRF Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
SRF has 2 subsidiary companies and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| SRF Altech Limited | U27204DL2022PLC395117 | |
| SRF Holiday Home Limited | U45200DL2006PLC156147 |
To see the full group structure of SRF Limited, buy the company report.
Employees & EPFO
SRF Limited has a workforce of 7,700 employees on its EPFO records as of Nov 20, 2025, across 15 active EPFO establishments.
GST
SRF has 18 GST registrations: 14 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACS0206P1ZF | Delhi | Active | 01 Jul 2017 |
| 05AAACS0206P1ZJ | Uttarakhand | Active | 01 Jul 2017 |
| 06AAACS0206P1ZH | Haryana | Active | 01 Jul 2017 |
| 08AAACS0206P1ZD | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SRF Limited, buy the company report.
Recent activity
SRF Limited has 31 board changes on record since 2005: 12 appointments and 19 cessations. The latest: Rahul Jain ceased to be CFO on 12 Dec 2025.
270 earlier events are in the company report.
News
Frequently asked questions
SRF is an active public limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 January 1970 (56+ years old) and is registered under CIN L18101DL1970PLC005197. Listed on BSE: 503806 and NSE: SRF.
SRF reported revenue of ₹15,787 Cr for FY 2025-26 (up 7.4% YoY) based on consolidated financials.
SRF has 12 current directors and KMP:
- Ashish Bharat Ram - Managing Director
- Kartik Bharat Ram - Whole-Time Director
- Pramod Gopaldas Gujarathi - Whole-Time Director
- Vineet Agarwal - Director
- Bharti Gupta Ramola - Director
- Raj Kumar Jain - Director
- Vellayan Subbiah - Director
- Ira Gupta - Director
- Yash Gupta - Director
- Puneet Yadu Dalmia - Director
- Rajat Lakhanpal - Company Secretary
- Prashant Mehra - Ceo
The latest financial statements of SRF on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of SRF is 07AAACS0206P1ZF, registered in Delhi. The company has 18 GST registrations in all, of which 14 are active and 4 are cancelled or inactive. Other active GSTINs include 05AAACS0206P1ZJ (Uttarakhand), 06AAACS0206P1ZH (Haryana), 08AAACS0206P1ZD (Rajasthan).
The CIN (Corporate Identification Number) of SRF is L18101DL1970PLC005197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. SRF is a listed company as per MCA records. Its shares are listed on both BSE (code: 503806) and NSE (symbol: SRF).
SRF has 533 court cases on record: 299 filed by the company and 234 filed against it. 88 are pending. Most are in the high courts.
SRF was incorporated on 09 January 1970, making it 56+ years old. It is registered with the Registrar of Companies, Delhi.
SRF has 91 deals on record (88 market trades, 2 acquisitions, 1 qip); the latest was in November 2022.
The peers of SRF by revenue are Grasim Industries Ltd, Bhilosa Industries Private Limited, Vardhman Textiles Limited, all in the Manufacturing industry (Films and Foils, Industrial Chemicals, Textiles), with the same principal business activity (textile, leather and other apparel products).
Rahul Jain ceased to be CFO on 12 Dec 2025. Ira Gupta was appointed as Director on 01 Apr 2024. Vineet Agarwal was appointed as Director on 01 Apr 2024. SRF has 31 board changes on record in total.