SRF share price today

SRF Ltd's share price was ₹2,458.70 at the close on 4 November 2026. It has been falling for 12 weeks. That is 6.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹2,310 and ₹3,102, and at that close it sat 19% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today SRF Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +942% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: indian funds and insurers (DIIs) raised their stake for 13 quarters in a row, foreign funds (FIIs) cut their stake for 7 quarters in a row and revenue up on a year earlier for 10 quarters in a row.

1. Indian funds and insurers (DIIs) raised their stake for 13 quarters in a row

   From 13.7% to 22.5% of the company by the September 2026 quarter.

2. Foreign funds (FIIs) cut their stake for 7 quarters in a row

   From 18.4% to 15.2% of the company by the September 2026 quarter.

3. Revenue up on a year earlier for 10 quarters in a row

   In the September 2026 quarter revenue was ₹4,904 crore, +34.7% on a year earlier.

   Why: Revenue rose because the chemicals business did well on refrigerants and higher-value PTFE grades. Films and foil also grew on value-added products.

   Next results: check whether specialty chemicals revenue speeds up in the second half as customer registrations turn into orders.

   From the earnings call on 22 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), SRF reported revenue of ₹4,904 crore, up 34.7% from ₹3,640 crore a year earlier, and a profit of ₹509 crore, up 31.2% from ₹388 crore.

SRF results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

SRF's management discussed these results on a call held on 22 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

SRF closed at ₹2,458.70 on 4 November 2026, down 15.1% from ₹2,896.80 a year earlier (7 November 2025) and up 17.1% over five years. Its highest weekly close since March 2016 was ₹3,230.50 on 4 July 2025.

SRF share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: SRF closed at ₹2,458.70, up 5.3% on the week and down 1.1% on the month. 22 Oct 2026: SRF held its results call for July to September 2026. Management guided: FY27 chemicals revenue growth toward higher end of 15-20% framework.

Earlier

• Results for July to September 2026: Revenue up 34.7% and profit up 31.2% on a year earlier.
• 28 Jul 2026: ex-date for an interim dividend of ₹5 a share.
• 27 Jan 2026: ex-date for an interim dividend of ₹5 a share.

SRF paid ₹10 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 0.41% at the ₹2,458.70 close on 4 November 2026. The last was an interim dividend of ₹5 a share, ex-date 28 July 2026.

SRF dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. SRF Ltd paid out 15% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 22 October 2026, SRF's management guided: FY27 chemicals revenue growth toward higher end of 15-20% framework.

“On commissioning, we expect to be among the top three to four refrigerant gas manufacturers globally, which will significantly strengthen our competitive position in the industry.”Sameer Kashyap, on the call for July to September 2026

What management guided

• H2 specialty revenue ramp significantly stronger than H1 on volume recovery.
• Refrigerant demand and pricing broadly stable barring normal seasonality with plants run flat out through December baseline.
• Chem-II first plant January to March 2027 and second April to June 2027 with 10-12 month ramp to full revenue from FY29.
• HFO commissioning January to March 2028 with meaningful volumes 10-12 months later for Western markets initially.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 22 October 2026.

When SRF reports October to December 2026, these are the 2 checks that show whether the story is still on course. First: Specialty revenue acceleration in H2 versus H1 pace - check registration conversion and volume leverage flowing through.

SRF is on one of our India lists: Small & mid cap stocks.

SRF Ltd earned ₹509 Cr of net profit in the Sep 2026 quarter, +31.2% on the same quarter a year earlier. That is the 8th quarter in a row of profit growth. Full-year FY26 profit was ₹1,835 Cr. Over 10 years profit has grown 15.6% a year on average. That is 10.4% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹388 Cr.

For the full year, FY26 profit was ₹1,835 Cr (+46.7% on the year before).

Why profit moved: revenue changed +34.7% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +44.3% and revenue +20.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

SRF Ltd reported ₹4,904 Cr of revenue in the Sep 2026 quarter, +34.7% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 10 years it has grown 13.1% a year on average. The last full year, FY26, came in at ₹15,787 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹18,265 Cr.

FY26 revenue was ₹15,787 Cr, +7.4% on the year before.

Recent pace: the last four quarters grew +20.0% on average, against 13.1% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +19.7%, against +16.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +41.2%, against +42.3% a year (stabilising).

SRF Ltd's operating margin was 19.0% in the Sep 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 13.0% and 25.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.0 percentage points on the year while gross margin changed −3.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 161% of SRF Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹2,554 Cr of operating cash against ₹1,835 Cr of profit. After ₹2,136 Cr of spending on assets, ₹418 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 161% of profit came in as cash: the cash cycle got 24 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.5× depreciation over three years. The next section checks what that spending is building.

SRF Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 69 days in FY26, up from 45 days in FY21. It spent ₹5,656 Cr on assets over the last 3 years. Customers take 59 days to pay, and stock sits for 131 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹15,787 Cr, each day of that cycle ties up about ₹43.3 Cr, so roughly ₹2,984 Cr is tied up in the business at any time.

FY26: customers took 59 days to pay and stock sat for 131 days, about 4.3 months of sales sitting as stock, for a full cycle of 69 days, longer than FY21's 45.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 131 days. Customers pay about 59 days after that. Suppliers are paid at 121 days. Together that makes the 69-day cycle.

Spending on assets: ₹5,656 Cr over the last 3 years, against ₹2,297 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1,889 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

SRF Ltd's P/E is 30.8×, in the middle of its own history: higher than 47% of past readings. Its usual P/E (the middle reading) is 31.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹77.01.