Financials of SRF Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of SRF Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +3,7783,3383,1773,0533,5703,4643,4243,4914,3133,8193,6403,7134,615
Expenses +2,8462,6422,5512,4872,8742,8612,8862,8723,3562,9892,8662,9333,589
Operating Profit9326966265666966035386209578307747801,026
OPM %25%21%20%19%19%17%16%18%22%22%21%21%22%
Other Income +2212291923253340342926-4613
Interest66667967909794968980716662
Depreciation155157161169186188194194195203212217220
Profit before tax733486415348443344284369707576517452757
Tax %23%26%27%27%5%27%29%26%26%25%25%4%23%
Net Profit +562359301253422252201271526432388433582
EPS in Rs18.9712.1210.158.5514.248.516.799.1417.7514.5813.1014.6019.63

Financials of SRF Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +4,5404,5934,8225,5897,1007,2098,40012,43414,87013,13914,69315,787
Expenses +3,8223,6303,8524,6835,8035,7546,2679,33011,34110,55411,97512,377
Operating Profit7179639699061,2971,4552,1333,1033,5292,5842,7183,410
OPM %16%21%20%16%18%20%25%25%24%20%18%22%
Other Income +6528731157815266116758313322
Interest138130102124198201134116205302376278
Depreciation245275283316358389453517575673772852
Profit before tax3995856575828181,0181,6122,5862,8241,6921,7042,302
Tax %24%27%22%21%22%-0%26%27%23%21%27%20%
Net Profit +3034305154626421,0191,1981,8892,1621,3361,2511,835
EPS in Rs10.5514.9717.9416.0822.3335.4640.4463.7272.9545.0642.2061.91
Dividend Payout %19%14%14%15%11%8%12%26%10%16%17%-0%

Financials of SRF Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital58585858585860297297297297297
Reserves2,2382,7053,1243,5064,0714,8756,7968,26810,03011,18212,32913,745
Borrowings +2,4352,5152,3963,1423,7304,1353,4693,6554,4785,0314,7265,083
Other Liabilities +1,1521,1461,3891,6572,0281,7952,5863,5443,9313,9454,1695,021
Total Liabilities5,8836,4246,9688,3639,88810,86212,91115,76518,73620,45421,52124,147
Fixed Assets +3,9224,1134,4055,1225,6096,3687,8278,42510,05013,24213,72013,926
CWIP1041172595597541,3937721,6722,4068058111,889
Investments94165196122101203417321494527827687
Other Assets +1,7622,0292,1092,5613,4242,8993,8955,3475,7865,8816,1637,644
Total Assets5,8836,4246,9688,3639,88810,86212,91115,76518,73620,45421,52124,147

Financials of SRF Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +5421,0906456788961,3041,7722,1062,9022,0942,4872,554
Cash from Investing Activity +-500-667-613-1,174-1,039-1,179-1,499-1,586-2,964-2,231-1,482-1,598
Cash from Financing Activity +-18-182-284495246-199-251-207220-72-1,071-708
Net Cash Flow24241-252-1103-7322312158-209-65247
Free Cash Flow585115-605-157-6956728950-1081,265747
CFO/OP87%125%79%88%81%99%95%81%97%96%104%90%

Financials of SRF Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days494150445345555344545459
Inventory Days110105126115113119133129112127111131
Days Payable83112122126127110144126110120111121
Cash Conversion Cycle753454343854455546615569
Working Capital Days101-15-21-17-37-141-6-18-91
ROCE %11%14%14%11%14%14%18%24%22%13%12%15%