SRF delivered a strong performance in the first quarter of FY27. EBIT grew by 61% year‑on‑year, reflecting robust earnings across the company’s core businesses.
The chemicals segment saw a 27% rise in EBIT, while the technical textiles business grew 1.9 times and the performance films and foil business increased 1.5 times compared to the previous year. These gains helped offset supply disruptions and uneven demand.
Looking ahead, the company projects a compound annual growth rate of 17% in revenue, 18% in EBITDA, and 20% in adjusted profit after tax for the period FY26 to FY28. These forecasts underpin a reiterated BUY recommendation.
Analysts value the stock on a share of total premium basis and set a target price of ₹3,200 per share, reflecting confidence in the company’s growth trajectory.
The outlook remains positive despite market volatility, with SRF’s diversified product mix and strong earnings growth positioning it well for the coming years.