SRF's Q2 FY 2025-26 Quarterly Results

Result Summary

• SRF Ltd reported a 4.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.0%.
• Its expenses for the quarter were down by 3.8% QoQ and 0.8% YoY.
• The net profit decreased 10.2% QoQ and increased 92.7% YoY.
• The earnings per share (EPS) of SRF Ltd stood at 13.1 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

SRF Ltd is a diversified chemical conglomerate that operates primarily in the industrial and specialty chemicals industries. The company is renowned for its production of technical textiles, fluoro chemicals, and packaging films. SRF Ltd has a significant presence in both domestic and international markets, catering to various sectors such as automotive, pharmaceuticals, and consumer goods. Recent developments for SRF Ltd have included expansion efforts in its chemical business, although detailed specifics are not available within the current context. The company has a robust reputation for innovation and sustainability within its industry sector.

Revenue

During the second quarter of fiscal year 2026 (Q2FY26), SRF Ltd reported a total income of ₹3,665.90 crores. This represents a decrease of 4.7% compared to the previous quarter (Q1FY26), where the total income was ₹3,847.74 crores. However, when compared to the same quarter in the previous year (Q2FY25), there is a notable increase of 6.0%, up from ₹3,457.63 crores. This YoY growth indicates a positive trajectory in the company's revenue over the last year despite the recent QoQ decline.

Profitability

For Q2FY26, SRF Ltd's profit before tax (PBT) was recorded at ₹517.05 crores, marking a 10.2% decrease from Q1FY26's PBT of ₹575.82 crores. Compared to Q2FY25, however, there was a significant YoY increase of 82.3% from ₹283.66 crores. Correspondingly, the profit after tax (PAT) for Q2FY26 stood at ₹388.18 crores, which also reflects a 10.2% decrease from the previous quarter's PAT of ₹432.32 crores but a substantial YoY increase of 92.7% compared to ₹201.42 crores in Q2FY25. The earnings per share (EPS) for Q2FY26 was ₹13.10, down 10.2% QoQ from ₹14.58, yet showing an impressive YoY growth of 92.9% from ₹6.79 in the prior year.

Operating Metrics

Total expenses for SRF Ltd in Q2FY26 amounted to ₹3,148.85 crores, which is a 3.8% reduction from Q1FY26's total expenses of ₹3,271.92 crores. When compared to Q2FY25, there was a slight decrease of 0.8% from ₹3,173.97 crores. The tax expense for the quarter was ₹128.87 crores, reflecting a 10.2% decrease from the previous quarter’s ₹143.50 crores, but a 56.7% increase from ₹82.24 crores in Q2FY25. These metrics highlight the company's efforts in managing operational costs while navigating through varying income levels across different fiscal periods.