SRF Limited: A Comprehensive Overview

SRF Limited is a diversified multi-business entity engaged in the manufacturing of industrial and specialty intermediates. This blog aims to provide detailed information about SRF Limited, covering aspects such as its IPO launch, current share price, product offerings, financial details, and investment returns over the past five years.

IPO Launch and Price

SRF Limited launched its Initial Public Offering (IPO) on March 4, 1999. The IPO was offered at a price of Rs 85 per share. Over the years, SRF Limited has gained significant market presence and has proven to be a lucrative investment for shareholders.

As of October 2023, the current share price of SRF Limited trades around Rs 2,400. It’s important to note that stock prices are subject to market fluctuations, and the actual trading price may vary.

Products Offered by SRF Limited

SRF Limited operates across several product segments, including:

Chemicals: Fluorochemicals, Specialty Chemicals, and Chloromethanes.
Packaging Films: Bi-axially Oriented Polyethylene Terephthalate (BOPET) and Bi-axially Oriented Polypropylene (BOPP) films.
Technical Textiles: Nylon tire cord fabric, belting fabric, industrial yarns, and polyester industrial yarns.
Other Businesses: Engineering plastics, laminated fabrics, and coated fabrics.

Financial Performance

SRF Limited has shown impressive financial performance over the years. Below are some key financial metrics for the fiscal year 2022-2023:

Revenue: Rs 12,000 crore
Net Profit: Rs 1,800 crore
Earnings Per Share (EPS): Rs 65
Debt-to-Equity Ratio: 0.3

Investment Growth Over 5 Years

Investing in SRF Limited has proven to be beneficial for long-term investors. Let’s analyze the growth of an investment of Rs 10,000 in SRF Limited 5 years ago.

As of October 2018, the share price of SRF Limited was approximately Rs 2,000. So, an investment of Rs 10,000 would have bought 5 shares (10,000 / 2,000).

As of October 2023, the share price is Rs 2,400. Therefore, the value of the investment would be:

Value = 5 shares x Rs 2,400 = Rs 12,000

Hence, an investment of Rs 10,000 in SRF Limited 5 years ago would be worth Rs 12,000 today, representing a significant return on investment.

Conclusion

SRF Limited has established itself as a robust player across diverse industrial segments. From its IPO launch in 1999 at Rs 85 per share to its current trading price of around Rs 2,400, the company has shown consistent growth. Moreover, SRF Limited’s extensive product portfolio and strong financials make it a compelling investment option. For investors who had invested Rs 10,000 in the company five years back, the returns have been quite rewarding, showcasing the potential for long-term gains.

SRF Limited: IPO Launch, Current Share Price, Products, Financials and Investment Value