ChemicalsLarge capRs 76,236 crRs 69.1 cr traded a dayManufacturingCommodities
Close on 2026-08-21
2,571.90
−0.10%
52-week range23% of the way up
2,391.503,190.00
Market cap
76,236 cr
P/E (TTM)
37.3×
industry 36×
EPS (TTM)
68.98
Revenue YoY
+45.3%
Q1 FY27
Profit YoY
+200.9%
Net margin
15.1%
+7.8pt vs a year ago
Growth trend
+16.0pt
vs last quarter’s YoY
1 month
-1.9%
Below 52w high
24.0%
RSI (14)
32
Daily swing
1.6%
average true range
Volume
0.5×
vs 20-day average
Traded
Rs 69 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
−1.31%
1 month
−1.94%
3 months
−6.47%
6 months
−1.73%
1 year
−11.41%
The read
written from the numbers on this page
The evidence leans constructive4 supporting, 2 against, 1 worth knowing
Supporting
matches long tail above — rejected higher, which has beaten the market by +0.39 points over 20 sessions across 16,308 past signals
3 independent kinds of evidence agree today, which is uncommon
revenue grew 45% year on year in the quarter ending 2026-06-30
net margin has widened from 7.8% to 15.1% across four quarters
Against
trading 6% below its 200-day average
down 11% over twelve months
Worth knowing
the rise is short covering rather than fresh buying, which historically runs out when the shorts are done
SRF sits in Manufacturing, Commodities — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close back above 2,728, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Net profit +276.8% year on year, Rs 201 cr to Rs 759 cr.
+276.8%Rs 201 crRs 759 cr
Revenue +47.0% year on year, Rs 3,424 cr to Rs 5,033 cr.
+47.0%Rs 3,424 crRs 5,033 cr
Profit grew faster than revenue, +276.8% against +47.0%.
+276.8%+47.0%
Needs watching
Nothing in the filings stands out either way.
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
9 of 47 matched on 2026-08-21
SRF matches 9 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
SRF reports 4 business segments. The largest is Chemicals Business (CB) at 46% of revenue in the quarter ending 2026-06-30.
SegmentRevenueSharevs a year ago
Chemicals Business (CB)2,315 cr46.0%—
Performance Films & Foil Business (PFB)2,017 cr40.1%—
Technical Textiles Business (TTB)597 cr11.9%—
Others105 cr2.1%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
14.6%
trailing profit over shareholders’ funds
Return on capital
13.4%
pre-tax profit over equity plus borrowings
Debt to equity
0.36×
5,004 cr borrowed against 14,043 cr of equity
Net debt
4,414 cr
borrowings less cash
Cash conversion
125%
operating cash flow as a share of profit
Receivable days
55
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 2024-09-06
52×
median 72×
81×
now 37×
SRF trades at 37× trailing earnings, below its median of 72× over this window — 48% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Dividend filings were typically -0.09pt vs the market over the next 5 sessions (n=634)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 45% against the same quarter a year earlier
profit rose 201% year on year
net margin widened from 12.6% to 15.1%
revenue rose in 4 of the last 4 quarters
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
5,033
979
759
25.60
15.1%
Q4 FY26
2026-03-31 · consolidated
4,615
757
582
19.63
12.6%
Q3 FY26
2025-12-31 · consolidated
3,713
452
433
14.60
11.7%
Q3 FY25
2024-12-31 · consolidated
3,491
369
271
9.15
7.8%
Q2 FY25
2024-09-30 · consolidated
3,424
284
201
6.79
5.9%
Q1 FY25
2024-06-30 · consolidated
3,464
344
252
8.51
7.3%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-4.8%
Versus 200-day average-5.7%
Below 52-week high-19.4%
Above 52-week low+7.5%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)31.6
Higher closes in last 52 of 5
Six-month return−1.73%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)1.61%
Volume versus 20-day0.5x
Median daily turnoverRs 69.1 cr
Derivatives
near expiry 2026-08-25 · 2026-08-20
Short Covering
Price up, open interest down. Sellers are closing, not buyers arriving. Rallies built only on this tend not to last once the shorts are out.
Futures basis versus spot+0.29%
Open interest change-4.0%
Put / call ratio0.50
Put wall (support)2,700
Call wall (resistance)2,700
Max pain2,700
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.
Peers
Chemicals · 44 classified companies
SRF trades at 37.3× trailing earnings against an industry median of 36.0× across 41 other classified companies in its industry — priced roughly in line with them. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.