Srf Share Price

About SRF

Core Activities & Products

• Refrigerants:SRF offers a wide range of refrigerants suitable for different needs of HVAC (Heating, Ventilation and Air Conditioning) applications.
• Pharma Propellants: SRF is one of the few manufacturers of Pharma grade HFA 134a/P in the world, which is used in Metered Dose Inhalers as a propellant.
• Industrial Chemicals: The company manufactures a wide range of industrial chemicals used in diverse applications like solvents in pharma, feedstock for agrochemicals, metal degreasing, etching of stainless steel and glass, foam blowing agents and dry-cleaning.
1. Specialty Chemicals Business: SRF develops and produces advanced intermediates for Agrochemical and Pharmaceutical applications. They’re also experienced in Halogen chemistry, Fluorine chemistry and other chemicals. It operates in the entire value chain of bulk chemicals, starting blocks, mid-intermediates, advanced intermediates and active ingredients.
2. Packaging Films Business: The company offers a number of standard and speciality products under two brand names – PETLAR for the entire range of Bi-axially Oriented Polyethylene Terephthalate (BOPET) films and OPLAR for Bi-axially Oriented Polypropylene (BOPP) films. These products are used in flexible packaging, labels, overwraps, laminated paperboards, solar energy, industrial, flexible electronics or optical displays, stamping foils or embossing and yarns.
3. Technical Textiles Business: The company offers nylon and polyester yarns and fabrics for diverse non-consumer and lifestyle applications.
• Tyre Cord Fabrics: The company offers 4 types of tyre cord fabrics used in passenger cars, light commercial vehicles, heavy commercial vehicles, tractors, and off-the-road tyres including the bicycle.
• Belting Fabrics: The company offers 7 types of belting fabrics in a wide range of fibers and characteristics which are used in conveyor belts used in mines, steel, or cement industry.
• Polyester Industrial Yarn: The product range in this segment includes High Modulus Low Shrinkage Yarn (HMLS), High-Tenacity Regular Yarn, and Low Shrinkage Yarn. All of which are available in adhesive activated (AA) and non-adhesive activated (NAA) form and find application in 12 industries from seat belts to geotextiles.
4. Coated Fabrics Business: The products include awnings fabric, auto canopy, hangar covers, ducting covers, sports goods, inflatables, pond liners, dynamic tarpaulin and static covers. These products are used in architecture, lifestyle, sports, advertising, defense, mines, food & agriculture, automobile, and transportation sectors.
5. Laminated Fabrics Business: The product list includes Cold Laminated FrontLit, Cold Laminated BackLit and Hot Laminated protective covers. These products are used as flex in hoardings, billboards, signage, high-quality screen printing and digital printing and all solvent-based printers.

Board of Directors

• Chairman Emeritus: Arun Bharat Ram
• Chairman and Managing Director: Ashish Bharat Ram
• Joint Managing Director: Kartik Bharat Ram
• Director, Safety & Environment: Pramod G. Gujarathi
• Non-Executive, Non-Independent Director: Vellayan Subbiah
• Independent Director: Tejpreet S Chopra
• Independent Director: Lakshman Lakshminarayan
• Independent Director: Bharti Gupta Ramola
• Independent Director: Puneet Yadu Dalmia
• Independent Director: Yash Gupta
• Independent Director: Raj Kumar Jain

Key Executives

• Chairman Emeritus: Arun Bharat Ram
• Chairman and Managing Director: Ashish Bharat Ram
• Joint Managing Director: Kartik Bharat Ram
• President & CEO – Fluorochemicals Business & Technical Textiles Business: Prashant Yadav
• President & CEO – Specialty Chemicals Business &Chemicals TechnologyGroup: Anurag Jain
• President & CEO – Packaging Films Business, Coated & Laminated Fabrics Business: Prashant Mehra
• President & CFO: Rahul Jain
• President & CHRO: Ajay Chowdhury
• President & CIO: Sanjay Rao

Presence

• Fluorochemicals and Specialty Chemicals Business: Rajasthan and Gujarat
• Technical Textiles business: Madhya Pradesh, Tamil Nadu, Gummidipoondi and Viralimalai
• Packaging Films Business: Uttarakhand, Madhyapradesh, Pithampur in India and KwaZulu in South Africa, Rayong in Thailand and Jaszfenyszaru in Hungary.
• Laminated Fabrics Business: Uttarakhand
• Coated Fabrics Business: Tamil Nadu

Performance in Various Sectors

• Chemicals Business: The Chemicals Business grew by 43.8% YOY to achieve revenues of ₹5,240.8 crore.
• Packaging Films Business: It witnessed a growth of 45.2% YoY to achieve revenues of ₹4,779.2 crore.
• Technical Textiles Business: It grew 68.1% YOY to achieve revenues of ₹2,085.2 crore. The company saw the highest-ever sales volumes from the Belting Fabrics and the Polyester Industrial Yarn segments.
• Other Businesses: SRF continues to maintain market leadership in the Coated Fabrics Business. In the Laminated Fabrics Business, the company retained its price & volume leadership and achieved its highest-ever sales in the fourth quarter.
• The company is the only Indian manufacturer of ozone-friendly refrigerants such as F 134a, F 125 and F 32.
• The company is the largest manufacturer of technical textiles in India enjoys a global leadership for most of the products under this business.
• SRF is the second-largest manufacturer of nylon 6 tyre cord fabrics in the world. It is also India’s first and only plant to produce new generation High Modulus low shrinkage (HMLS) polyester yarn used as reinforcement in passenger radial tyres.

CSR and Sustainability

• Education: The company undertakes various education programs and has reached twenty-one locations in nine Indian States. Most of their intervention schools are equipped with state-of-the-art digital technology-enabled classrooms, play equipment and science labs.
• Vocational Skills and Livelihood: In partnership with organizations like Schneider Electric and The Times of India, the company has expanded the scope of its flagship programs to train an increasing number of Indians, with a focus on youth, while covering new geographies.
• Natural Resource Management: Since 2005, the company undertakes activities for livelihood promotion, ecological conservation, and improvement in the socio-economic condition of poor and marginalized families in the forty-two villages of the Tijara Block of Alwar district in Rajasthan. The scope of the project includes rainwater harvesting, wasteland restoration, large scale plantation, agricultural intervention, livestock promotion, micro-enterprise development, and community mobilization through women self-help and user groups. Through this intervention, we have benefited more than 8,200+ farmer families.

Covid-19 Impact

Future Prospects:

Did You Know!

• SRF used to be known as Shri Ram Fibers before 1990.
• Sir Shri Ram was one of the seven architects of the Bombay Plan of 1944-45.
• Dr. Bharat Ram, the son of sir Shri Ram, founded Shri Ram Fibres in 1970. He is a recipient of the Padma Bhushan and held a number of prestigious offices during his professional life. He served as the President of FICCI in 1965 and became the Chairman of Indian Airlines in 1967. Then in 1969, he became the first Asian President of the International Chamber of Commerce.
• SRF is the promoter of Lady Shri Ram College for Women and The Shri Ram Schools in Delhi NCR.
• SRF’s business roots go back two centuries.
• The company has won the Deming prize for two Businesses, namely Tyre Cord and Chemicals.

Initial Public Offering

Equity Shares

Annual Financial Summary