The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
SRF Limited is a chemical-based multi-business company engaged in the manufacturing of industrial and specialty intermediates. Its segments include Technical Textiles Business (TTB), Chemicals Business (CB), Performance Films and Foil Business (PFB) and Others. The TTB…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, reasonably priced.
SRF is scored on the general / industrial framework. It keeps a healthy 11.6% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.39× reported profit. Free cash flow is worth about 1.3% of its market value.
Over the last 3 years revenue compounded at 2%/yr and profit at -5%/yr. Book value has grown 11%/yr. Return on equity is a healthy 14.9%. In the latest quarter profit grew 30% versus the prior quarter.
At 40× earnings, the stock sits at the 30th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~15%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 32.27 | — | — |
| P/B | 4.81 | 2.69 | worse |
| EV/EBITDA | 19.58 | 10.45 | worse |
| ROE | 14.92 | — | — |
| ROCE | 14.86 | 69.92 | worse |
| ROA | 8.83 | — | — |
| Quick Ratio | 0.68 | 2.26 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Pidilite Industries | 59.1 | 14.3 | 23.9% |
| Linde India | 118.3 | 13.3 | 11.3% |
| Gujarat Fluorochemicals | 77.4 | 6.1 | 8.0% |
2% CAGR — growing but slowly.
Revenue is outpacing profit (2% vs -5%) — costs are rising faster than the top line. The latest year saw a +47% swing — check if it's a one-off or structural.
Operating margin has compressed from 19% to 14% — costs or competition are eating into profitability. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 13% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 8pp.
-5% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.4× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 9% sequentially — momentum is building. Run-rate stepping up — recent quarters average 31% above earlier ones.
Profit jumped 30% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (11% → 15%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 50.3% — majority control intact. FIIs trimmed 2.3pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.