SRF Limited Soars with 76% PAT Growth in Q1FY27, Unveils ₹250 Cr Capex
SRF Limited, one of India’s leading specialty chemicals and industrial products companies, delivered its best-ever quarterly performance in Q1 FY27, reporting strong growth in revenue, operating profit, and net profit across all major business segments.
For the quarter ended June 30, 2026, the company posted a 32% year-on-year increase in consolidated revenue, while Profit After Tax (PAT) surged 76%, reflecting robust demand, improved operating efficiencies, and the strength of its diversified business portfolio.
Q1 FY27 Financial Highlights
SRF reported impressive growth across all key financial metrics.
| Particulars | Q1 FY27 | YoY Growth |
|---|---|---|
| Consolidated Revenue | ₹5,033 crore | 32% |
| Operating EBIT | ₹1,116 crore | 61% |
| Profit After Tax (PAT) | ₹759 crore | 76% |
The exceptional performance was driven by strong contributions from the company’s Chemicals, Performance Films & Foil, and Technical Textiles businesses.
Management Calls It the Company’s Best-Ever Quarter
Commenting on the results, Ashish Bharat Ram, Chairman and Managing Director, described the quarter as SRF’s best-ever quarterly performance.
He noted that while inventory gains provided some support, the strong results were primarily driven by healthy business momentum across all operating segments, highlighting the resilience of SRF’s diversified business model.
Chemicals Business Delivers Steady Growth
The Chemicals Business remained the largest contributor to revenue during the quarter.
Segment Performance
- Revenue: ₹2,315 crore (26% YoY growth)
- Operating Profit: ₹638 crore (27% YoY growth)
Growth was supported by continued strength in the Fluorochemicals business, which benefited from healthy demand across domestic and international markets.
Performance Films & Foil Business Achieves Record Quarter
The Performance Films & Foil Business delivered one of its strongest quarters on record.
Segment Performance
- Revenue: ₹2,017 crore (42% YoY growth)
- Operating Profit: ₹350 crore (149% YoY growth)
The remarkable increase in profitability reflects improved capacity utilization, operational efficiencies, and favorable market conditions.
Technical Textiles Business Records Sharp Profit Growth
SRF’s Technical Textiles Business also reported strong operational performance.
Segment Performance
- Revenue: ₹597 crore (28% YoY growth)
- Operating Profit: ₹108 crore (186% YoY growth)
The significant improvement in margins demonstrates the company’s continued focus on higher-value products and efficient manufacturing operations.
Board Approves ₹250 Crore Capacity Expansion
To support future growth, SRF’s Board of Directors has approved a capital expenditure of ₹250 crore.
The investment will be used to establish a state-of-the-art BOPET Thick Film production line in India.
The project will include:
- Advanced Brückner manufacturing line
- Kampf primary slitter
- Expansion of the Performance Films & Foil Business
- Additional production capacity for specialty films
The expansion is expected to strengthen SRF’s market leadership in high-performance packaging and industrial film solutions.
Growth Outlook Remains Positive
SRF continues to benefit from its diversified business model, which spans:
- Specialty chemicals
- Fluorochemicals
- Performance films
- Technical textiles
- Packaging solutions
The company’s balanced portfolio enables it to capitalize on opportunities across multiple industries while reducing dependence on any single business segment.
With continued investments in capacity expansion and technology, SRF is well positioned for long-term sustainable growth.