Slide 1: Exchange filing cover letter
The Corporate Relationship Department, National Stock Exchange of India Limited BSE Limited “Exchange Plaza” Ist Floor , New Trading Ring Rotunda Bandra-Kurla Complex Building, P.J. Towers Bandra (E) Dalal Street, Mumbai 400 051 Mumbai 400 001 Scrip Code- 503806 Scrip Code-SRF SRF/SEC/BSE/NSE May 13
Slide 2: Q4 & FY25 Results Presentation
Q4 & FY25 Results Presentation May 13, 2025
Slide 3: Disclaimer
Disclaimer Some statements in this document may be forward-looking. Such statements are subject to certain risks and uncertainties like regulatory changes, local, political or economic developments, and many other factors that could cause actual results to differ materially from those contemplated b
Slide 4: Table of Contents
Table of Contents 01 02 03 04 Company Q4 & FY25 Results Q4 & FY25 Segmental Outlook Overview Overview Performance 3
Slide 5: Company Overview
COMPANY OVERVIEW
Slide 6: Snapshot
Snapshot 100+ 4 16 9,000+ Countries- Countries- Manufacturing Global Exports Operations Facilities Workforce ₹ 14,693 cr. ₹ 2,970 cr. ₹ 1,251 cr. Revenue EBIDTA PAT 45% 38% 17% Chemicals Performance Technical Films & Foil Textiles & Others Note: On Consolidated basis as on 31st March 2025 5
Slide 7: Overview - Business Profile
Overview - Business Profile No of Plants - 2 Specialty Chemicals Fluorochemicals • Intermediates for AI/API/Specialized • Refrigerants • Industrial Chemicals EBIT - ₹ 1,665 cr. • Pharma Propellants Applications • Fluoropolymers Revenue - ₹ 6,691 cr. • Contract Development & Manufacturing Chemicals N
Slide 8: Manufacturing Facilities
Manufacturing Facilities FLUOROCHEMICALS & SPECIALTY CHEMICALS 2 National Operations LAMINATED FABRICS 1. Rajasthan, India - Bhiwadi 1 National Operation 2. Gujarat, India - Dahej 1. Uttarakhand, India - Kashipur TECHNICAL TEXTILES 1 4 National Operations 1 1 COATED FABRICS 1. Madhya Pradesh, India
Slide 9: Market Leadership Across Businesses
Market Leadership Across Businesses 01 Specialty Chemicals • Established relationship with marquee customers • Strong tech capability – pilot to commercial; creating value through operational excellence • Driving customer engagement and satisfaction through world class R&D, EHS and quality managemen
Slide 10: Growth Levers
Growth Levers Build a Company known and respected for its R&D capabilities Greater focus on ESG initiatives Focus on building high-end • Benefit the communities where we work value-added products • Embrace diversity, equity & inclusion Continue to build new • Enhance focus on the 3R’s- Recycle, Reus
Slide 11: Q4 & FY25 Results Overview
Q4 & FY25 RESULTS OVERVIEW
Slide 12: Abridged Results Overview
Abridged Results Overview Consolidated figures Particulars (Rs. Crore) Q4 FY25 Q4 FY24 % Y-o-Y FY25 FY24 % Y-o-Y Gross Operating Revenue 4,313.3 3,569.7 20.8% 14,693.1 13,138.5 11.8% EBIDTA 1,037.0 735.0 41.1% 2,970.3 2,743.8 8.3% EBIDTA Margin (%) 24.0% 20.6% 20.2% 20.9% Depreciation 195.1 185.9 5.
Slide 13: Results Overview - Financial Overview
Results Overview - Financial Overview Consolidated figures Key Financial Ratios Particulars FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 EBIDTA Margin 22.13% 21.42% 17.69% 19.00% 20.90% 26.05% 25.30% 24.94% 20.88% 20.22% PAT Margin 9.51% 10.87% 8.38% 8.33% 12.70% 14.26% 15.19% 14.54% 10.17% 8.5
Slide 14: Results Overview - Revenue Share
Results Overview - Revenue Share Q4 FY24 Q4 FY25 FY24 FY25 Total – 3,573.4 Cr. Total – 4,313.3 Cr. Total – 13,149.7 Cr. Total – 14,701.1 Cr. 106.2 87.4 465.3 427.5 468.8 3.0% 1,816.0 458.4 2.0% 2,355.3 1,898.0 3.6% 6,297.0 2,029.1 2.9% 6,690.7 13.1% 10.6% 13.8% 14.4% 47.9% 45.5% 50.8% 54.6% 32.8% 33
Slide 15: Results Overview - EBIT Share
Results Overview - EBIT Share Q4 FY24 Q4 FY25 FY24 FY25 Total – 616.1 Cr. Total – 905.6 Cr. Total – 2,201.1 Cr. Total – 2,336.2 Cr. 15.5 40.1 12.4 93.0 68.8 69.8 2.5% 497.7 104.6 1.4% 748.5 274.2 4.2% 1,627.4 238.0 2.9% 1,664.8 11.3% 4.4% 10.2% 33.1 12.5% 11.6% 5.4% 206.5 9.4% 15.6% 364.5 73.9% 71.3
Slide 16: Q4 & FY25 - Segmental Performance
Q4 & FY25 - SEGMENTAL PERFORMANCE Chemicals Performance Films & Foil Technical Textiles Others
Slide 17: Chemicals Business
| CHEMICALS BUSINES a. WE ALWAYS FIND A BETTER WAY
Slide 18: Chemicals Business - Results Update
Chemicals Business - Results Update Consolidated figures PARTICULARS Q4 FY25 Q4 FY24 % Y-o-Y FY25 FY24 % Y-o-Y Segment Revenues 2,355.3 1,816.0 29.7% 6,690.7 6,297.0 6.3% % Contribution to 54.6% 50.8% 45.5% 47.9% Revenues EBIT 748.5 497.7 50.4% 1,664.8 1,627.4 2.3% % EBIT Margins 31.8% 27.4% 24.9% 2
Slide 19: Chemicals Business - Specialty Chemicals
Chemicals Business Specialty Chemicals Business Key Highlights Market Trends • Segment delivered strong revenue and margin growth over CPLY • Agro segment showing some signs of recovery o Recently launched products continued positive traction in Q4 o Pickup in demand for certain key agro intermediat
Slide 20: Chemicals Technology Group
Chemicals Business Chemicals Technology Group • Chemicals Technology Group (CTG) is actively engaged in the development of new process technologies • Key focus on high end molecules • Strong internal competencies and capabilities • Equipped with state-of-the-art R&D facilities and an ingenious team
Slide 21: Chemicals Business - Fluorochemicals
Chemicals Business Fluorochemicals Business Key Highlights Market Trends • Fluorochemicals Business reported strong performance in Q4 driven by: • Rising demand for refrigerants due to increased AC and automobile o Higher volumes and realizations of HFCs across domestic and export production in Indi
Slide 22: Performance Films & Foil Business
PERFORMANCE FILMS & FOIL BUSINESS 21
Slide 23: Performance Films & Foil Business - Results Update
Performance Films & Foil Business - Results Update Consolidated figures PARTICULARS Q4 FY25 Q4 FY24 % Y-o-Y FY25 FY24 % Y-o-Y Segment Revenues 1,412.2 1,182.4 19.4% 5,553.8 4,489.4 23.7% % Contribution to 32.8% 33.1% 37.8% 34.1% Revenues EBIT 104.6 33.1 216.4% 364.5 206.5 76.5% % EBIT Margins 7.4% 2
Slide 24: Performance Films & Foil Business
Performance Films & Foil Business Key Highlights Market Trends • Performance Films & Foil Business witnessed healthy growth in revenue • Demand-supply balance for BOPP better than BOPET. Capacity and margins compared to CPLY driven by utilisation in India improved for both BOPP and BOPET o Higher vo
Slide 25: Technical Textiles Business
TECHNICAL TEXTILES BUSINESS 24
Slide 26: Technical Textiles Business - Results Update
Technical Textiles Business - Results Update Consolidated figures PARTICULARS Q4 FY25 Q4 FY24 % Y-o-Y FY25 FY24 % Y-o-Y Segment Revenues 458.4 468.8 -2.2% 2,029.1 1,898.0 6.9% % Contribution to 10.6% 13.1% 13.8% 14.4% Revenues EBIT 40.1 69.8 -42.6% 238.0 274.2 -13.2% % EBIT Margins 8.7% 14.9% 11.7%
Slide 27: Technical Textiles Business
Technical Textiles Business Key Highlights Market Trends • Technical Textiles Business Q4 performance negatively impacted due to • Aggressive import prices for BF from China continue to effect o Weak demand and increased competition from low-cost Chinese margins imports in Belting Fabrics o Lower ma
Slide 28: Other Businesses
OTHER BUSINESSES 27
Slide 29: Others - Results Update
Others - Results Update Consolidated figures PARTICULARS Q4 FY25 Q4 FY24 % Y-o-Y FY25 FY24 % Y-o-Y Segment Revenues 87.4 106.2 -17.6% 427.5 465.3 -8.1% % Contribution to 2.0% 3.0% 2.9% 3.6% Revenues EBIT 12.4 15.5 -20.3% 68.8 93.0 -26.0% % EBIT Margins 14.2% 14.7% 16.1% 20.0% % Contribution to EBIT
Slide 30: Others - Key Highlights
Others - Key Highlights • Maintained leadership position in domestic market • Strong VAP performance (Print/Stripes & Lacquered/Blackout) offset shortfall in FG liners Coated Fabrics • Operational improvements, including coating line debottlenecking and on-time delivery, enhanced efficiency • Witnes
Slide 31: SRF's Community Engagement
SRF’S COMMUNITY ENGAGEMENT HP WOW DIGITAL BUS PROGRAM SWASTHYA SEVA BHIND, MADHYA PRADESH DAHEJ, BHARUCH ➢ We engaged 5,182 students with daily We organized a health check-up camp for 120 residential academic activities through our HP WoW students at Ashram School, Atali, in partnership with Indrash
Slide 32: Outlook
OUTLOOK
Slide 33: Outlook - Chemicals Business
Outlook - Chemicals Business Specialty Chemicals Agrochemicals segment likely to show improvement Work on AIs progressing as per plan Product funnel remains strong Launch of new pharma intermediates as well as ramp up of recently commissioned facilities to drive growth Focus on cost structures and e
Slide 34: Outlook - Performance Films & Foil, Technical Textiles
Outlook - Performance Films & Foil Business Technical Textiles Business Performance Films & Foil Business Ongoing demand-supply imbalance in BOPET Continue ramp-up in sales of high-impact VAPs in expected to improve in medium term both BOPET and BOPP Margins in Thailand under pressure due to Alumini
Slide 35: About Us
About Us Established in 1970, SRF Limited is a chemical based multi-business entity engaged in the manufacturing of industrial and specialty For further information please contact intermediates. The company’s diversified business portfolio covers Fluorochemicals, Specialty Chemicals, Performance Fil
Slide 36: Thank You
Thank You