SRF recorded a healthy performance in FY25, with revenue/Ebitda increasing ~12%/7% YoY to Rs 146.9 billion/Rs 28.3 billion.
(Source: Freepik)
SRF’s moat lies in its technological innovation and advancement to meet evolving customer needs and maintain a leadership position. Its R&D spending has increased at ~11% CAGR over the last decade, with Rs 1.5 billion spent in FY25 — around 5.4% of Ebitda.