INSUBCONTINENT EXCLUSIVE:
Chandan Taparia of Motilal Oswal Securities has a buy call on SRF Ltd
with a target price of Rs 4320.0
The current price of SRF Ltd
Chandan Taparia recommended to keep a stoploss at Rs 4005
SRF Ltd., incorporated in the year 1970, is a Large Cap company (having a market cap of Rs 23615.29 Crore) operating in Diversified sector
key Products/Revenue Segments include Packaging Film which contributed Rs 1683.83 Crore to Sales Value (26.06 % of Total Sales), Nylon Tyre
Yarn Fabric which contributed Rs 1500.22 Crore to Sales Value (23.22 % of Total Sales), Speciality Chemicals which contributed Rs 1039.13
Crore to Sales Value (16.08 % of Total Sales), Fluorochemicals which contributed Rs 991.48 Crore to Sales Value (15.34 % of Total Sales),
Laminated Fabric which contributed Rs 265.55 Crore to Sales Value (4.11 % of Total Sales), Nylon Compounding Chips which contributed Rs
252.62 Crore to Sales Value (3.91 % of Total Sales), Synthetic Filament Yarn - Industrial Yarn/Tyre Cord which contributed Rs 216.14 Crore
to Sales Value (3.34 % of Total Sales), Export Incentives which contributed Rs 112.70 Crore to Sales Value (1.74 % of Total Sales), Scrap
which contributed Rs 34.78 Crore to Sales Value (0.53 % of Total Sales), Waste (Others) which contributed Rs 13.54 Crore to Sales Value
(0.20 % of Total Sales), Other Operating Revenue which contributed Rs 1.55 Crore to Sales Value (0.02 % of Total Sales)for the year ending
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 1807.45 Crore, up 6.19 % from last quarter Sales of
Rs 1702.17 Crore and down -5.23 % from last year same quarter Sales of Rs 1907.21 Crore Company has reported net profit after tax of Rs
342.99 Crore in latest quarter
Lakshminarayan, Mr.Pramod G Gujarathi, Mr.Puneet Yadu Dalmia, Mr.Tejpreet S Chopra, Mr.Vellayan Subbiah, Mr.Yash Gupta, Ms.Bharti Gupta
LLP as its auditors As on 31-12-2019, the company has a total of 57,480,500 shares outstanding.