Obermatt

SRF

NSI:SRF · INE647A01010
ChemicalsLarge

360

58
EV / EBIT7
Price / Owner Earnings9
Owner Earnings Yield38
Dividend Yield42
Price/Sales20
EV / Gross Profit26
Price/Book13
Return on Capital79
Cash Return on Capital60
Return on Equity75
EBIT Margin85
Gross Profitability89
Cash Conversion27
Owner Earnings Margin62
Sales growth63
Profit Growth72
Long-Term EPS Growth94
Reinvestment77
Price momentum38
Debt load41
Refinancing20
Debt Payback59
Liquidity59
Analyst ratings34
Opinion Changes76
Price Target Upside54
Market mood38
Value Creation17/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

SRF generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryIndia
IndustryChemicals
SizeLarge
TypePublic Company
ExchangeBSE
Founded1970
Employees3,571
ISININE647A01010
Last UpdateApr 2, 2026
Index & Theme
Bio-based and Renewable MaterialsPackaging ServicesOnshore and Offshore WindIndustrialTextiles

Description

Analysis

Hope premium

SRF Limited is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 86.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 26% a year, against analyst forecasts of 23%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is sturdy. The company scores 17/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
28
2023202420252026

All-time high

46

Jan 2025

All-time low

9

Mar 2026

Average rank

31

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
20
15
22
15
Price/Earnings
15
16
37
18
Price/Book
13
15
24
23
Dividend Yield
42
14
20
40
Value (overall)
12
3
17
13

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →