Buy SRF; target of Rs 3540: Sharekhan

20250728133545_20241109033650_sensex_nifty_stock_markets.webp

Company reported a revenue of Rs. 3,819 crore, up 10.2% y-o-y. It was led by the chemical segment with revenue of Rs. 1,839 crore, an increase of 24.1% y-o-y while technical textiles revenue of 467 crore declined 11.2% y-o-y. Operating profit of Rs. 830 crore, up 37.5% y-o-y was robust led by margin increase in the chemical and packaging film segment. The company has maintained its 20% revenue growth guidance for the chemical business. Specialty chemicals is expected to do well with traction in newly launched products and launch of AIs. In fluorochemicals, there is going to be good demand and pricing environment for ref gas.

Company reported a revenue of Rs. 3,819 crore, up 10.2% y-o-y. It was led by the chemical segment with revenue of Rs. 1,839 crore, an increase of 24.1% y-o-y while technical textiles revenue of 467 crore declined 11.2% y-o-y. Operating profit of Rs. 830 crore, up 37.5% y-o-y was robust led by margin increase in the chemical and packaging film segment. The company has maintained its 20% revenue growth guidance for the chemical business. Specialty chemicals is expected to do well with traction in newly launched products and launch of AIs. In fluorochemicals, there is going to be good demand and pricing environment for ref gas.

Company reported a revenue of Rs. 3,819 crore, up 10.2% y-o-y. It was led by the chemical segment with revenue of Rs. 1,839 crore, an increase of 24.1% y-o-y while technical textiles revenue of 467 crore declined 11.2% y-o-y. Operating profit of Rs. 830 crore, up 37.5% y-o-y was robust led by margin increase in the chemical and packaging film segment. The company has maintained its 20% revenue growth guidance for the chemical business. Specialty chemicals is expected to do well with traction in newly launched products and launch of AIs. In fluorochemicals, there is going to be good demand and pricing environment for ref gas.