SRF Limited
SRF Limited manufactures, purchases, and sells technical textiles, chemicals, packaging films, and other polymers. It operates through Technical Textiles Business, Chemicals Business, Performance Films and Foil Business, and Others segments. The company offers polyester and nylon tyre cord, belting, coated, and laminated fabrics; and industrial and polyester industrial yarns. It also provides flu… Read more
SRF Limited (SRF) - Net Assets
Latest net assets as of September 2025: ₹132.64 Billion INR
Based on the latest financial reports, SRF Limited (SRF) has net assets worth ₹132.64 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹222.61 Billion) and total liabilities (₹89.98 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹132.64 Billion |
| % of Total Assets | 59.58% |
| Annual Growth Rate | 18.12% |
| 5-Year Change | 84.15% |
| 10-Year Change | 372.99% |
| Growth Volatility | 11.56 |
SRF Limited - Net Assets Trend (2005–2025)
This chart illustrates how SRF Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SRF Limited (2005–2025)
The table below shows the annual net assets of SRF Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹126.26 Billion | +9.99% |
| 2024-03-31 | ₹114.79 Billion | +11.15% |
| 2023-03-31 | ₹103.27 Billion | +20.57% |
| 2022-03-31 | ₹85.65 Billion | +24.92% |
| 2021-03-31 | ₹68.56 Billion | +38.98% |
| 2020-03-31 | ₹49.33 Billion | +19.47% |
| 2019-03-31 | ₹41.29 Billion | +15.84% |
| 2018-03-31 | ₹35.65 Billion | +12.00% |
| 2017-03-31 | ₹31.83 Billion | +19.23% |
| 2016-03-31 | ₹26.69 Billion | +16.25% |
| 2015-03-31 | ₹22.96 Billion | +11.11% |
| 2014-03-31 | ₹20.67 Billion | +4.96% |
| 2013-03-31 | ₹19.69 Billion | +6.34% |
| 2012-03-31 | ₹18.52 Billion | +9.04% |
| 2011-03-31 | ₹16.98 Billion | +33.29% |
| 2010-03-31 | ₹12.74 Billion | +30.62% |
| 2009-03-31 | ₹9.75 Billion | +5.13% |
| 2008-03-31 | ₹9.28 Billion | +11.12% |
| 2007-03-31 | ₹8.35 Billion | +48.86% |
| 2006-03-31 | ₹5.61 Billion | +24.10% |
| 2005-03-31 | ₹4.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SRF Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 46005.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹108.81 Billion | 86.18% |
| Common Stock | ₹2.96 Billion | 2.35% |
| Other Comprehensive Income | ₹9.37 Billion | 7.42% |
| Other Components | ₹5.11 Billion | 4.05% |
| Total Equity | ₹126.26 Billion | 100.00% |
SRF Limited Competitors by Market Cap
The table below lists competitors of SRF Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huaneng Power International Inc
PINK:HUNGF
|
$4.07 Billion |
|
Fuchs Petrolub SE
OTCGREY:FUPPF
|
$4.07 Billion |
|
SG Holdings Co.Ltd.
PINK:SGHDY
|
$4.07 Billion |
|
Storebrand ASA
PINK:SREDF
|
$4.08 Billion |
|
Mattel Inc
NASDAQ:MAT
|
$4.06 Billion |
|
BofI Holding Inc
F:BB4
|
$4.06 Billion |
|
Universal Display Corp.
LSE:0LJE
|
$4.06 Billion |
|
Trex Company Inc
NYSE:TREX
|
$4.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SRF Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 114,790,200,000 to 126,262,000,000, a change of 11,471,800,000 (10.0%).
- Net income of 12,507,800,000 contributed positively to equity growth.
- Dividend payments of 2,131,800,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,099,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹12.51 Billion | +9.91% |
| Dividends Paid | ₹2.13 Billion | -1.69% |
| Other Comprehensive Income | ₹1.10 Billion | +0.87% |
| Other Changes | ₹-3.80 Million | -0.0% |
| Total Change | ₹- | 9.99% |
Book Value vs Market Value Analysis
This analysis compares SRF Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.86x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 178.35x to 5.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹14.01 | ₹2498.00 | x |
| 2006-03-31 | ₹17.38 | ₹2498.00 | x |
| 2007-03-31 | ₹25.27 | ₹2498.00 | x |
| 2008-03-31 | ₹27.33 | ₹2498.00 | x |
| 2009-03-31 | ₹30.80 | ₹2498.00 | x |
| 2010-03-31 | ₹42.11 | ₹2498.00 | x |
| 2011-03-31 | ₹56.13 | ₹2498.00 | x |
| 2012-03-31 | ₹62.66 | ₹2498.00 | x |
| 2013-03-31 | ₹68.58 | ₹2498.00 | x |
| 2014-03-31 | ₹71.98 | ₹2498.00 | x |
| 2015-03-31 | ₹79.98 | ₹2498.00 | x |
| 2016-03-31 | ₹92.98 | ₹2498.00 | x |
| 2017-03-31 | ₹110.85 | ₹2498.00 | x |
| 2018-03-31 | ₹124.16 | ₹2498.00 | x |
| 2019-03-31 | ₹143.73 | ₹2498.00 | x |
| 2020-03-31 | ₹171.65 | ₹2498.00 | x |
| 2021-03-31 | ₹232.21 | ₹2498.00 | x |
| 2022-03-31 | ₹289.07 | ₹2498.00 | x |
| 2023-03-31 | ₹348.39 | ₹2498.00 | x |
| 2024-03-31 | ₹387.25 | ₹2498.00 | x |
| 2025-03-31 | ₹425.95 | ₹2498.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SRF Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.51%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.71x
- Recent ROE (9.91%) is below the historical average (17.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 13.14% | 5.16% | 0.90x | 2.83x | ₹141.70 Million |
| 2006 | 18.31% | 7.45% | 0.89x | 2.77x | ₹465.85 Million |
| 2007 | 34.54% | 15.28% | 1.09x | 2.08x | ₹2.05 Billion |
| 2008 | 14.52% | 8.00% | 0.87x | 2.08x | ₹418.90 Million |
| 2009 | 14.34% | 6.91% | 0.79x | 2.63x | ₹422.82 Million |
| 2010 | 25.47% | 12.98% | 0.82x | 2.39x | ₹1.97 Billion |
| 2011 | 28.52% | 14.28% | 0.95x | 2.10x | ₹3.14 Billion |
| 2012 | 20.46% | 9.52% | 1.00x | 2.15x | ₹1.94 Billion |
| 2013 | 12.85% | 6.71% | 0.82x | 2.33x | ₹560.59 Million |
| 2014 | 7.86% | 4.07% | 0.72x | 2.67x | ₹-442.07 Million |
| 2015 | 13.19% | 6.72% | 0.76x | 2.59x | ₹731.76 Million |
| 2016 | 16.10% | 9.36% | 0.70x | 2.45x | ₹1.63 Billion |
| 2017 | 16.18% | 10.68% | 0.67x | 2.26x | ₹1.97 Billion |
| 2018 | 12.95% | 8.26% | 0.67x | 2.35x | ₹1.05 Billion |
| 2019 | 15.54% | 9.04% | 0.72x | 2.39x | ₹2.29 Billion |
| 2020 | 20.66% | 14.14% | 0.66x | 2.20x | ₹5.26 Billion |
| 2021 | 17.47% | 14.26% | 0.65x | 1.89x | ₹5.12 Billion |
| 2022 | 22.05% | 15.19% | 0.79x | 1.84x | ₹10.32 Billion |
| 2023 | 20.94% | 14.54% | 0.79x | 1.82x | ₹11.30 Billion |
| 2024 | 11.64% | 10.17% | 0.64x | 1.78x | ₹1.88 Billion |
| 2025 | 9.91% | 8.51% | 0.68x | 1.71x | ₹-118.40 Million |
Industry Comparison
This section compares SRF Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $26,263,260,394
- Average return on equity (ROE) among peers: 13.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SRF Limited (SRF) | ₹132.64 Billion | 13.14% | 0.68x | $4.07 Billion |
| 3M India Limited (3MINDIA) | $5.39 Billion | 18.32% | 0.39x | $1.01 Billion |
| Balmer Lawrie & Company Limited (BALMLAWRIE) | $8.66 Billion | 19.17% | 0.99x | $119.76 Million |
| BEML Limited (BEML) | $22.14 Billion | 3.11% | 1.59x | $665.02 Million |
| Carborundum Universal Limited (CARBORUNIV) | $17.76 Billion | 13.94% | 0.26x | $1.01 Billion |
| Career Point Limited (CAREERP) | $1.34 Billion | 13.27% | 0.08x | $4.97 Million |
| Cyient Limited (CYIENT) | $57.60 Billion | 10.69% | 0.34x | $818.95 Million |
| DCM Shriram Limited (DCMSHRIRAM) | $13.30 Billion | 6.34% | 1.75x | $470.54 Million |
| Excel Realty N Infra Limited (EXCEL) | $529.64 Million | 28.01% | 0.05x | $3.49 Million |
| Godrej Industries Limited (GODREJIND) | $130.81 Billion | 5.00% | 1.60x | $626.85 Million |
| HBL Power Systems Limited (HBLPOWER) | $5.09 Billion | 19.58% | 1.23x | $661.89 Million |