Q2 2025 SRF Ltd Earnings Call Transcript
Key Points
- SRF Ltd (BOM:503806) reported an 8% year-on-year increase in gross operating revenue for Q2 FY 25, reaching INR 3,424 crores.
- The company successfully launched three new agrochemical products and three new pharmaceutical products in the first half of the year.
- SRF Ltd (BOM:503806) increased its market share in the domestic Refrigerants segment, particularly in the room air conditioner and mobile air conditioner markets.
- The Packaging Films Business saw a 27% year-on-year revenue growth in Q2 FY 25, supported by record production levels and sales of value-added products.
- The company is investing in next-generation refrigerants with a significant CapEx of INR 1,100 crores, highlighting its leadership in eco-friendly technology development.
- The Chemicals Business reported a 5% decline in revenues, with the Specialty Chemicals segment facing challenges due to high inventory levels and subdued demand.
- Margins in the Fluorochemicals Business were under pressure due to lower export realizations.
- The Technical Textiles business experienced weak margins in the Belting Fabrics segment despite higher volumes.
- The company faced increased competition from Chinese imports, impacting several segments including Packaging Films and Specialty Chemicals.
- Finance costs increased compared to the previous year, leading to higher expenses in the P&L statement.
Ladies and gentlemen, good day, and welcome to the SRF Limited Q2 and H1 FY 25 Results Conference Call hosted by Axis Capital Limited. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Ankur Periwal from Axis Capital Limited. Thank you, and over to you, sir.
Thank you, Riti. Good afternoon, everyone, and thank you for joining us today. We, at Axis Capital Limited, are pleased to host SRF Limited's Q2 and H1 FY 25 Results Conference Call. We have with us today Mr. Rahul Jain, President and CFO of SRF Limited.
I would now like to invite Ms. Nitika Dhawan, Head of Corporate Communications at SRF, to initiate the proceedings for the results con call. Over to you, Nitika.
Good afternoon, everyone, and thank you for joining SRF's Limited's Quarter 2 and H1 FY 25 Results Conference Call. We will begin this call with brief opening remarks from our
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
