# SRF share price today (SRF Ltd, NSE: SRF)

> SRF share price today: ₹2,428.60 at the NSE close on 3 November 2026, down 17.1% in a year. SRF (NSE: SRF) is worth ₹71,974 crore, trades at a P/E of 30.5 and has closed between ₹2,310.00 and ₹3,101.60 over the past 52 weeks. > SRF Ltd's earnings have grown faster than its share price. Earnings per share grew +46.7% in a year while the price moved −17.1%. SRF · Chemicals - Flourine · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/srf-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹2,428.60 (−17.1% in a year)
- P/E: 30.5× (lower than 54% of the last 11 years)
- Revenue (Sep 2026): ₹4,904 Cr (+34.7% on a year ago)
- Profit (Sep 2026): ₹509 Cr (+31.2% on a year ago)
- Operating margin: 19.0% (−2.0 points on a year ago)
- ROCE: 15%, FY26
- ROIC: 14.6%, against a 12.0% cost of capital: +2.6 points

The main question: yearly earnings per share moved +46.7% while the share price moved −17.1%. ## What is the SRF share price today? SRF Ltd's share price was ₹2,428.60 at the close on 3 November 2026. It has been falling for 12 weeks. That is 7.8% 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 15% of the way up from that low. 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 +930% 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. ## What changed at SRF this quarter? 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. ## What are SRF's latest quarterly results? 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

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹4,904 crore | ₹3,640 crore | +34.7% |
| Profit | ₹509 crore | ₹388 crore | +31.2% |
| Earnings per share | ₹17.18 | ₹13.10 | +31.1% |
| Operating margin | 19.0% | 21.0% | −2.0 points |

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.)

## What is the SRF share price history? SRF closed at ₹2,428.60 on 3 November 2026, down 17.1% from ₹2,930.50 a year earlier (31 October 2025) and up 15.7% over five years. Its highest weekly close since March 2016 was ₹3,230.50 on 4 July 2025. ### SRF share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹2,310.00 | +5.1% |
| 1 month ago · 1 Oct 2026 | ₹2,486.20 | −2.3% |
| 6 months ago · 30 Apr 2026 | ₹2,518.60 | −3.6% |
| 1 year ago · 31 Oct 2025 | ₹2,930.50 | −17.1% |
| 3 years ago · 3 Nov 2023 | ₹2,253.35 | +7.8% |
| 5 years ago · 4 Nov 2021 | ₹2,099.25 | +15.7% |
| 10 years ago · 4 Nov 2016 | ₹340.68 | +612.9% |
| Earliest and lowest weekly close in our records · 11 Mar 2016 | ₹235.85 | +929.7% |
| Highest weekly close since March 2016 · 4 Jul 2025 | ₹3,230.50 | −24.8% |
| 52-week high (weekly close) · 26 Dec 2025 | ₹3,101.60 | −21.7% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹2,310.00 | +5.1% |

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 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on SRF? 3 Nov 2026: SRF closed at ₹2,428.60, up 5.1% on the week and down 2.3% 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. ## What dividend does SRF pay? SRF paid ₹10 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 0.41% at the ₹2,428.60 close on 3 November 2026. The last was an interim dividend of ₹5 a share, ex-date 28 July 2026. ### SRF dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 28 Jul 2026 | ₹5 | Interim | same day |
| 27 Jan 2026 | ₹5 | Interim | same day |
| 29 Jul 2025 | ₹4 | Interim | same day |
| 4 Feb 2025 | ₹3.60 | Interim | same day |
| 31 Jul 2024 | ₹3.60 | Interim | same day |
| 7 Feb 2024 | ₹3.60 | Interim | same day |
| 1 Aug 2023 | ₹3.60 | Interim | same day |
| 7 Feb 2023 | ₹3.60 | Interim | same day |
| 28 Jul 2022 | ₹3.60 | Interim | 29 Jul 2022 |
| 3 Feb 2022 | ₹4.75 | Interim | 4 Feb 2022 |
| 5 Aug 2021 | ₹12 | Interim | 6 Aug 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

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 4 November 2026.)

## What did SRF management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/562-22-Oct-2026.pdf). (From the call for July to September 2026, 22 October 2026.)

## What to watch in SRF's next results? 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. - What to check (from the call)
- Specialty revenue acceleration in H2 versus H1 pace - check registration conversion and volume leverage flowing through. - Flagged commissioning window for PVDF, capacitor foil and hybrid line - check sales commencement and sampling progress. ## Which stock lists is SRF on? SRF is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 144](https://www.sectoralpha.in/small-cap-stocks-india)

## Is SRF profitable? 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. 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. ## How much revenue does SRF make, and is it growing? 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. 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). ## How much of every ₹100 of sales does SRF keep? 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. 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. ## Is SRF's profit turning into cash? 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. 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. ## Where does SRF's cash go? 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. 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. ## What is SRF's P/E ratio, and how does it compare with its own history? SRF Ltd's P/E is 30.5×, in the middle of its own history: higher than 46% 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. 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. Why the multiple is where it is: over the past year earnings per share moved +46.7% while the price moved −17.1%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +3.0% a year; about +9.8% a year came from earnings growth and about −6.8 percentage points from the multiple (the market paying less); over 10 years the price moved +21.7% a year; about +16.8% a year came from earnings growth and about +4.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the SRF business getting better or worse? SRF Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 17.4%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does SRF earn on its capital? SRF Ltd earned a ROCE of 15% in FY26. That is up from a low of 8% in FY14. Its return on capital used (ROIC) is 2.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 11.6% net margin and 0.66× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 11.6% net margin × 0.66× asset turnover × 1.72× leverage (assets divided by equity) ≈ 13.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 14.6% − 12.0% = +2.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 14.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 12.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does SRF have too much debt? SRF Ltd has total debt of ₹5,375 Cr against shareholder equity of ₹15,304 Cr as of Sep 2026, so its debt is 0.35× its equity. Year by year, that ratio went from 0.43 in FY22 to 0.36 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the SRF shareholding pattern? Domestic institutions raised their stake in SRF Ltd by 4.7 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 22.5% of the company. Foreign institutions moved −3.1 points over the same period, to 15.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +4.7 points over 8 quarters, to 22.5%; Foreign institutions: −3.1 points over 8 quarters, to 15.2%; Promoters: +0.0 points over 8 quarters, to 50.3%. Why the owners changed: foreign institutions moved −3.1 points and domestic institutions +4.7 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is SRF from balance-sheet trouble? For SRF Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does SRF rank in its industry? 60.7 out of 100, rank 2 of 4 in Chemicals - Flourine, with 97% of the evidence available. SRF Ltd scores 60.7 out of 100 against the 4 companies it is compared with in Chemicals - Flourine, ranking 2. Earnings are strong; relative strength in its sector is -20% and the one-year return is -20.3%. The four parts add up to the total exactly: 26.6 + 17.4 + 15 + 1.7 = 60.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is SRF compared with? SRF ranks 2 of 4 Chemicals - Flourine companies on the 4-Factor Sector Score, with 60.7 out of 100. 1. [Navin Fluorine International Ltd](https://www.sectoralpha.in/stocks/navin-fluorine-international-ltd) NAVINFLUOR · leader · Sector-leading setup · 97% evidence 87.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 33.6/35 · Revenue 45.7% · Profit 100% · Operating margin change 2 points · 100% evidence Capital efficiency 24.1/25 · ROCE 21% · Operating margin 34% · 100% evidence Valuation 10.2/20 · P/E 48.6× · PEG 1.63 · 85% evidence Relative strength 20.0/20 · Lead over its industry 15.7% · Lead over NIFTY 500 30.1% · 1 year 52.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 33.6 + 24.1 + 10.2 + 20 = 87.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. SRF Ltd this page SRF · basing · Evidence leans up · 97% evidence 60.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.6/35 · Revenue 19.7% · Profit 41.2% · Operating margin change -2 points · 100% evidence Capital efficiency 17.4/25 · ROCE 14.6% · Operating margin 19% · 100% evidence Valuation 15.0/20 · P/E 29.3× · PEG 0.59 · 85% evidence Relative strength 1.7/20 · Lead over its industry -20% · Lead over NIFTY 500 -8.7% · 1 year -20.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 26.6 + 17.4 + 15 + 1.7 = 60.7 · What this means: Earnings are strong; relative strength in its sector is -20% and the one-year return is -20.3%. 3. [Gujarat Fluorochemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-fluorochemicals-ltd) FLUOROCHEM · losing its lead · Evidence leans down · 83% evidence 46.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue 9.5% · Profit -3.2% · Operating margin change 0 points · 88% evidence Capital efficiency 12.4/25 · ROCE 9.6% · Operating margin 27% · 100% evidence Valuation 8.1/20 · P/E 75.6× · PEG n/a · 35% evidence Relative strength 14.2/20 · Lead over its industry 4.1% · Lead over NIFTY 500 17.2% · 1 year 13.5% · 100% evidence · 10 of 12 weeks ahead Exact sum: 12.1 + 12.4 + 8.1 + 14.2 = 46.8 · What this means: Relative strength against the index is 17.2%, and revenue and profit growth are weak. 4. Wadala Commodities Ltd(Merged) GFL · Too little evidence to rank firmly · 9% evidence 44.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/43.75 · Revenue n/a · Profit n/a · Operating margin change n/a · 0% evidence Capital efficiency 10.3/31.25 · ROCE 7% · Operating margin n/a · 34% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 21.9 + 10.3 + 12.5 = 44.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Chemicals - Flourine](https://www.sectoralpha.in/sectors/chemicals-flourine), all 4 compared on one page. ## Which companies are close to SRF in size? SRF is the largest of 3 Chemicals - Flourine companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Gujarat Fluorochemicals and Navin Fluorine International. ### Chemicals - Flourine companies close in size

1. SRF Ltd ₹69,230 crore
2. [Gujarat Fluorochemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-fluorochemicals-ltd) ₹46,666 crore
3. [Navin Fluorine International Ltd](https://www.sectoralpha.in/stocks/navin-fluorine-international-ltd) ₹44,541 crore

[All 3 Chemicals - Flourine companies, largest first](https://www.sectoralpha.in/sectors/chemicals-flourine#all-companies)

### Companies close in size in other industries

1. [Ather Energy Ltd](https://www.sectoralpha.in/stocks/ather-energy-ltd) ₹69,693 crore · Auto - 2 & 3 Wheelers
2. [NTPC Green Energy Ltd](https://www.sectoralpha.in/stocks/ntpc-green-energy-ltd) ₹69,467 crore · Power - Generation/Distribution
3. SRF Ltd ₹69,230 crore
4. [Mazagon Dock Shipbuilders Ltd](https://www.sectoralpha.in/stocks/mazagon-dock-shipbuilders-ltd) ₹68,788 crore · Ship - Docks/Breaking/Repairs
5. [Dixon Technologies (India) Ltd](https://www.sectoralpha.in/stocks/dixon-technologies-indialtd) ₹67,288 crore · Consumer Electronics - EMS

## What else do people ask about SRF? ### What is SRF's share price today? SRF Ltd's share price is ₹2,428.60, −17.1% over the past year. The whole company is worth ₹71,974 Cr on the market. In the last 52 weeks it traded between ₹2,310 to ₹3,102; today it is 15% of the way up from the low, 7.8% below its 200-day average (as of 3 November 2026). ### What were SRF's latest quarterly results? SRF Ltd reported revenue of ₹4,904 Cr and net profit of ₹509 Cr for the Sep 2026 quarter. Revenue rose 34.7% and profit rose 31.2% compared with a year earlier. Earnings per share were ₹17.18. The operating margin was 19.0%, 2.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is SRF's market cap? SRF Ltd's market capitalisation is ₹71,974 Cr at a share price of ₹2,428.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is SRF performing? SRF Ltd's share price has been falling for 12 weeks. In its latest quarter, revenue rose 34.7% and profit rose 31.2% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will SRF's share price go up? This page does not forecast SRF Ltd's share price. What it shows instead: the share price is ₹2,428.60, and it has been falling for 12 weeks. Its P/E of 30.5× is higher than 46% of its own last 11 years (as of 3 November 2026). ### Does SRF have too much debt? SRF Ltd has a moderate amount of debt: its debt is 0.36× its equity, and its operating profit is 12 times its interest bill. FY26 borrowings were ₹5,083 Cr against equity of ₹14,042 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is SRF in its business cycle? SRF Ltd's FY26 operating margin was 22.0%, against a 13-year range of 13.0% to 25.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 19.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the SRF story? The main question: yearly earnings per share moved +46.7% while the share price moved −17.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is SRF a stock worth studying right now? What the numbers show: SRF Ltd's earnings have grown faster than its share price. Earnings per share grew +46.7% in a year while the price moved −17.1%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a SRF share price forecast for 2026? What management itself guided: FY27 chemicals revenue growth toward higher end of 15-20% framework. ## Lists

- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india

This is research, not advice. We’re not SEBI-registered.