SRF Ltd delivered a strong first quarter of FY2026-27 performance with 75.7% year-on-year growth in consolidated net profit, led by strong performances in chemical, performance films and technical textiles businesses.
In addition to the good earnings of the company, we also gave shareholders an interim dividend of ₹5 per equity share.
Strong Profit Growth
- For the quarter ended June 30, 2026, SRF reported consolidated net profit of ₹759 crore vs.
- ₹432 crore in the corresponding quarter of the previous financial year.
The big increase in earnings shows good demand in its key business segments and improved operational efficiency.
Revenue Crosses ₹5,000 Crore
SRF also showed impressive growth in its top line.
- Revenue from Operations: ₹5,033 crore.
- Q1 FY26 Revenue: ₹3,819 crore.
- Year-on-year growth: 31.8%
The broad-based revenue growth shows great business momentum across the company’s diverse portfolio.
EBITDA and Margins Improve
We had an excellent overall operating performance during the quarter.
- EBITDA: ₹1,237 crore
- Q1 FY26 EBITDA: ₹830 crore.
- Growth: 49%
Profitability was also very good
EBITDA Margin: 24.6%
Previous Year: 21.7%
The nearly 3 percentage point improvement in operating margin is a reflection of better cost control and better business performance.
SRF Q1 FY27 Financial Highlights
Particulars Q1 FY27 Q1 FY26 YoY Change
Net Profit ₹759 crore ₹432 crore ▲ 75.7%
Revenue ₹5,033 crore ₹3,819 crore ▲ 31.8%
EBITDA ₹1,237 crore ₹830 crore ▲ 49%
EBITDA Margin 24.6% 21.7% Improved
₹5 Interim Dividend Announced
SRF's Board of Directors declared an interim dividend of ₹5 per equity share for FY2026-27.
Dividend Details
- Interim Dividend: ₹5 per equity share.
- Record Date: July 28, 2026.
- Dividend Payment: On or before August 18, 2026
Earlier this year, SRF had also paid an interim dividend of ₹5 in January 2026 after a ₹4 interim dividend in July 2025.
Segment-Wise Performance
Chemicals Business
The chemicals division is still the biggest contributor for the company
Revenue: ₹2,315 crore
Growth: 26% YoY
EBIT: ₹638 crore
EBIT Growth: 27%
Technical Textiles
The technical textiles business had a fantastic recovery
Revenue: ₹597 crore
Growth: 28% YoY
EBIT: ₹108 crore
Previous Year EBIT: ₹38 crore
The segment's operating profit nearly tripled compared to the same period last year.
Performance Films
The performance films business was the fastest-growing segment.
Revenue: ₹2,017 crore
Growth: Around 42% YoY
EBIT: ₹350 crore
Previous year EBIT: ₹140 crore
The big increase in profitability is a reflection of increasing demand and operating leverage.
Outlook
SRF has achieved a very strong first-quarter performance, and the success of the diverse business model of the company is a great testament to the business model. In all major segments, revenue growth across all businesses and margins have expanded, and dividends continued to drive the business.
In the near future, investors will monitor demand trends in the chemicals and packaging industry and how much margin expansion the company will achieve in the next few quarters.
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