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:
Kolon Industries, Inc
of South Korea
sales of 4.61 trillion Korean Won [US$4.26 billion]
of which 37%
was Industrial Material),
Indo Kordsa Tbk PT
(3.24 trillion Indonesian Rupiahs [US$233.36 million]
of which 88%
was Tire Cord Fabric), and
Xingda International Holdings Ltd
based in China
(6.89 billion Chinese Renmimbi [US$1.09 billion]
of which 100%
was Steel Tire Cords).
SRF Limited reported sales of 48.22 billion Indian Rupees (US$724.72 million)
March of 2017.
increase of 4.8%
versus 2016, when the company's sales were 46.00 billion Indian Rupees.
This was the fourth straight year of sales growth at SRF Limited.
Sales of Unallocated saw an increase
that was more than double the company's growth rate: sales were up
167.8% in 2017, from
272.60 million Indian Rupees to 730.10 million Indian Rupees.
SRF Limited also saw significant increases in sales in
Technical Textiles Business (up 15.4% to 20.08 billion Indian Rupees)
Chemicals and Polymers Business (up 10.7% to 17.21 billion Indian Rupees)