SRF Limited operates in the Tire cord and fabrics sector.
In addition to historical fundamental analyses, the complete report available to purchase compares SRF Limited with three other
tire manufacturers in Asia:
Balkrishna Industries Limited
sales of 32.56 billion Indian Rupees [US$488.38 million]
of which 100%
Kesoram Industries Limited
(41.00 billion Indian Rupees [US$615.04 million]
of which 59%
was Cement), and
(56.61 billion Indian Rupees [US$849.11 million]
of which 100%
was Automotive Tyres).
SRF Limited reported sales of 46.00 billion Indian Rupees (US$690.02 million)
March of 2016.
a very small
increase of 1.3%
versus 2015, when the company's sales were 45.40 billion Indian Rupees.
This was the third consecutive year of growth at SRF Limited.
Sales of Chemicals and Polymers Business saw an increase
that was more than double the company's growth rate: sales were up
23.1% in 2016, from
12.63 billion Indian Rupees to 15.55 billion Indian Rupees.
SRF Limited also saw significant increases in sales in
Packing Films Business (up 4.9% to 13.06 billion Indian Rupees)
Not all segments of SRF Limited experienced an increase in sales in 2016:
sales of Unallocated fell 57.8% to 272.60 million Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
SRF Limited also experienced decreases in sales in
Technical Textiles Business (down 14.4% to 17.40 billion Indian Rupees)