Buy SRF; target of Rs 3195: YES Securities
YES Securities is bullish on SRF has recommended buy rating on the stock with a target price of Rs 3195 in its research report dated February 01, 2023.02-02-2023
02-02-2023
SRF LTD. - 503806 - Tax Deducted At Source (TDS) On Dividend
In continuation to our letter dated 30th January 2023 regarding declaration of dividend we would like to inform that the Company has provided facility for submission of necessary documents to apply for deduction of TDS at a lower rate.01-02-2023
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Audio recording of the Earnings call held on 31st January 202331-01-2023
SRF Results Earnings Call for Q3FY23
Conference Call with SRF Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.31-01-2023
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In Compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find attached herewith copies of unaudited results published in Business Standard (English) and Jansatta (Hindi) newspaper. Copies of said advertisement are also available on the website of the Company at www.srf.com Request to kindly take this intimation on record.31-01-2023
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Investor Presentation
In continuation of our letter dated 27th January, 2023 informing about hosting of earning call to discuss Un- Audited financial results for quarter and nine months ended 31st December, 2022, please find enclosed Investors presentation, of the same for your reference and record. The same is also available on the Company's website i.e. www.srf.com31-01-2023
SRF LTD. - 503806 - Capital Expenditure Proposal Approved By The Board
In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held on January 30, 2023 has approved project for setup a dedicated facility to produce 300 MT per year of SS20 at Dahej at a cost of Rs. 110 Crores.30-01-2023
SRF LTD. - 503806 - Capital Expenditure Proposal Approved By The Board
In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held on January 30, 2023 has approved project for production of a range of Specialty Fluoropolymers at a cost of Rs. 595 Crores.30-01-2023
Q3FY23 Quarterly Result Announced for SRF Ltd.
Specialty chemicals firm SRF announced Q3FY23 results: Consolidated Q3FY23: The revenue of the company grew 4% from Rs 3,346 crore to Rs 3,470 crore in Q3FY23 when compared with the corresponding period last year. The company’s Earnings before Interest and Tax (EBIT) decreased by 9% from Rs 796 crore to Rs 726 crore in Q3FY23 when compared with CPLY. The company’s Profit after Tax (PAT) increased 1% from Rs 506 crore to Rs 511 crore in Q3FY23 when compared with CPLY. 9MFY23: SRF’s revenue increased 25% from Rs 8,884 crore to Rs 11,092 crore over CPLY. The company’s EBIT increased 20% from Rs 1,959 crore to Rs 2,353 crore over CPLY. The company’s PAT increased 25% from Rs 1,283 crore to Rs 1,600 crore over CPLY. Commenting on the results, Chairman and Managing Director, Ashish Bharat Ram said, “In spite of the expected weakness in our Packaging Films and Technical Textiles Businesses, the Company has done well. The performance of our Chemicals Business remains strong and the continuing investments in this segment are a testament to our confidence going forward.” Result PDF30-01-2023