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 24.07.
Slide 2: Q1 FY26 Results Presentation
Q1 FY26 Results Presentation July 24, 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 Overview Q1 FY26 Results Q1 FY26 Segmental Outlook Overview Performance 3
Slide 5: Company Overview
COMPANY OVERVIEW 4 4
Slide 6: Snapshot
Snapshot 100+ 5 16 9,000+ ₹14,693 cr. Countries- Exports Countries- Manufacturing Global Workforce Revenue Operations Facilities ₹ 2,970 cr. ₹ 1,251 cr. 45% 38% 17% Performance Technical Textiles & EBIDTA PAT Chemicals Films & Foil Others On consolidated basis as on March 31, 2025 5
Slide 7: Overview - Business Profile
Overview - Business Profile Chemicals Performance Films & Foil Technical Textiles Others No of Plants - 2 No of Plants - 8 No of Plants - 4 No of Plants - 2 EBIT - ₹ 1,665 cr. EBIT - ₹ 365 cr. EBIT - ₹ 238 cr. EBIT - ₹ 69 cr. Revenue - ₹ 6,691 cr. Revenue - ₹ 5,554 cr. Revenue - ₹ 2,029 cr. Revenue
Slide 8: Manufacturing Facilities
Manufacturing Facilities FLUOROCHEMICALS & SPECIALTY CHEMICALS PERFORMANCE FILMS & FOIL 2 National Operations 5 National Operations 1. Rajasthan, India - Bhiwadi 1. Uttarakhand, India - Kashipur 2. Gujarat, India – Dahej 2. Madhya Pradesh, India - 1 1 1 International Operation a. Special Economic Zo
Slide 9: Market Leadership Across Businesses
Market Leadership Across Businesses 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 management •
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 value-added • Benefit the communities where we work products • Embrace diversity, equity & inclusion Continue to build new competencies in the Chemicals • Enhance fo
Slide 11: Q1 FY26 Results Overview
Q1 FY26 RESULTS OVERVIEW 10
Slide 12: Abridged Results Overview
Abridged Results Overview Consolidated figures Particulars (Rs. Crore) Q1 FY26 Q1 FY25 % Y-o-Y Gross Operating Revenue 3,818.6 3,464.1 10.2% EBIDTA 850.3 645.9 31.6% EBIDTA Margin (%) 22.3% 18.6% Depreciation 203.2 188.2 8.0% Interest 79.9 96.5 -17.2% ECF (Gain) / Loss -8.7 17.2 Profit Before Tax 57
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 Q1 FY26 Q1 FY25 Total – 3,818.6 Crs. Total – 3,469.8 Crs. 94.9 126.2 466.6 2.5% 525.3 3.6% 12.2% 15.1% 1,838.9 42.7% 1,482.0 48.2% 37.1% 38.5% 1,418.2 1,336.3 CB PFB TTB Others CB – Chemicals Business; PFB - Performance Films & Foil Business; TTB – Technical Textiles
Slide 15: Results Overview - EBIT Share
Results Overview - EBIT Share Q1 FY26 Q1 FY25 Total – 694.2 Crs. Total – 484.4 Crs. 37.6 13.4 23.6 1.9% 67.7 4.9% 5.4% 14.0% 20.2% 140.2 86.8 17.9% 63.2% 72.4% 502.9 306.4 CB PFB TTB Others CB – Chemicals Business; PFB - Performance Films & Foil Business; TTB – Technical Textiles Business; Others 14
Slide 16: Q1 FY26 Segmental Performance
Q1 FY26 - SEGMENTAL PERFORMANCE Chemicals Technical Textiles Performance Films & Others Foil 15
Slide 17: Chemicals Business
WE ALWAYS FIND A BETTER WAY
Slide 18: Chemicals Business - Results Update
Chemicals Business - Results Update Consolidated figures PARTICULARS Q1 FY26 Q1 FY25 % Y-o-Y Segment Revenues 1,838.9 1,482.0 24.1% % Contribution to Revenues 48.2% 42.7% EBIT 502.9 306.4 64.1% % EBIT Margins 27.3% 20.7% % Contribution to EBIT 72.4% 63.3% 1717
Slide 19: Chemicals Business - Specialty Chemicals
Chemicals Business Specialty Chemicals Business Key Highlights Market Trends • Segment reported healthy revenue and margin growth over CPLY • Agrochemicals market witnessing gradual demand uptick after o Volume recovery for key agrochemical intermediates inventory rationalization in FY25, though bro
Slide 20: Chemicals Technology Group
Chemicals Business Key Chemicals Technology Group Chemicals Technology Group (CTG) is Equipped with state-of-the-art R&D actively engaged in the development facilities and an ingenious team of of new process technologies scientists and engineers 2 R&D centres in India – Bhiwadi, Key focus on high en
Slide 21: Chemicals Business - Fluorochemicals
Chemicals Business Fluorochemicals Business Key Highlights Market Trends • Fluorochemicals Business delivered strong performance over CPLY • Global demand for refrigerant gases remained stable o Domestic market remained weak; some counter-measures o Tightening of demand and supply balance in China i
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 Q1 FY26 Q1 FY25 % Y-o-Y Segment Revenues 1,418.2 1,336.3 6.1% % Contribution to Revenues 37.1% 38.5% EBIT 140.2 86.8 61.6% % EBIT Margins 9.9% 6.5% % Contribution to EBIT 20.2% 17.9% 2222
Slide 24: Performance Films & Foil Business
Performance Films & Foil Business Key Highlights Market Trends • Improved performance as compared to CPLY: • Overall, global demand for BOPET and BOPP was stable o Higher realizations and increased volumes of BOPP leading to better margins • BOPP faced supply shortage in Indian market leading to pri
Slide 25: Technical Textiles Business
TECHNICAL TEXTILES BUSINESS 24
Slide 26: Technical Textiles Business - Results Update
Technical Textiles Business - Results Update Consolidated figures PARTICULARS Q1 FY26 Q1 FY25 % Y-o-Y Segment Revenues 466.6 525.3 -11.2% % Contribution to Revenues 12.2% 15.1% EBIT 37.6 67.7 -44.4% % EBIT Margins 8.1% 12.9% % Contribution to EBIT 5.4% 14.0% 2525
Slide 27: Technical Textiles Business
Technical Textiles Business Key Highlights Market Trends • Technical Textiles business’s revenue declined when compared to • NTCF demand was lower when compared to CPLY CPLY o Nylon Tyre Cord Fabric volumes and pricing was lower due to • Revival in Tier II markets, rising demand for value-driven sub
Slide 28: Other Businesses
WE ALWAYS FIND A BETTER WAY
Slide 29: Others - Results Update
Others – Results Update Consolidated figures PARTICULARS Q1 FY26 Q1 FY25 % Y-o-Y Segment Revenues 94.9 126.2 -24.8% % Contribution to Revenues 2.5% 3.6% EBIT 13.4 23.6 -43.0% % EBIT Margins 14.1% 18.7% % Contribution to EBIT 1.9% 4.9% 2828
Slide 30: Others - Key Highlights
Others - Key Highlights • Q1 performance impacted due to subdued market conditions and demand softness in key segments Coated • SRF sustained its domestic market leadership in coated fabrics Fabrics • Commissioned 8 new looms and warpers, enhancing production capacity and operational efficiency • SR
Slide 31: SRF's Community Engagement
SRF’s Community Engagement EMPOWERING SWASTHYA SEVA HEATHCARE DHAR, MADHYA PRADESH BHARUCH, GUJARAT SRF Foundation, with support from SRF Limited, held a Health Equipment In 15 villages of Bharuch, Gujarat, SRF Limited’s Mobile Health Dispensary Distribution Ceremony, at PHC Nalchha, Dhar. Essential
Slide 32: Outlook
OUTLOOK Chemicals Technical Textiles Performance Films & Others Foil 31
Slide 33: Outlook - Chemicals Business
Outlook - Chemicals Business Specialty Chemicals Fluorochemicals Agrochemicals segment expected to pick up Focus on maximizing HFC production gradually Work on AIs progressing as per plan Overall RG market expected to be stable CMS demand and prices to remain range Product funnel remains strong boun
Slide 34: Outlook - Performance Films & Foil and Technical Textiles
Outlook - Performance Films & Foil Business and Technical Textiles Business Performance Films & Foil Business Overall BOPP demand-supply situation Margins in Thailand under pressure Hungary expected to perform better, to remain favourable in the domestic due to ongoing Chinese competition with opera
Slide 35: About Us
About Us Established in 1970, SRF Limited is a chemical based multi-business For further information please contact entity engaged in the manufacturing of industrial and specialty intermediates. The company’s diversified business portfolio covers Anoop Poojari Fluorochemicals, Specialty Chemicals, P
Slide 36: Thank You
Thank You