Resilient.

Building for
Tomorrow.

202526 ANNUAL REPORT
Ashish Bharat Ram, Chairman and Managing Director, SRF Limited

Chairman’s Message

SRF today is stronger, more diversified, and better equipped to navigate volatility. Our strategic investments, innovation-led approach, and disciplined execution will enable us to deliver sustained growth and create long-term value for all stakeholders.
Ashish Bharat Ram Chairman and Managing Director SRF Limited
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Our Businesses

Chemicals Business

Our Chemicals Business operates across two key segments: Specialty Chemicals and Fluorochemicals.

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Our Businesses

Performance Films and Foil Business

Our Performance Films and Foil Business delivers high-performance packaging solutions through innovation and sustainable manufacturing ensuring superior functionality and reliability for diverse applications.

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Our Businesses

Technical Textiles Business

Our Technical Textiles Business is a global leader in tyre cord fabrics, belting fabrics, and industrial yarns supporting mobility, infrastructure, and industrial applications.

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Our Businesses

Coated Fabrics Business

We are one of India’s leading manufacturers of PVC Synthetic-Coated Fabrics. With state-of-the-art, vertically integrated facilities and ISO-certified quality standards, we cater to diverse sectors—from architecture to defence.

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Our Businesses

Laminated Fabrics Business

Our Laminated Fabrics Business delivers durable, high-quality flex materials for hoardings, billboards, and signage applications.

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Chemicals Business Performance Films and Foil Business Technical Textiles Business Coated Fabrics Business Laminated Fabrics Business
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Global Footprint

World map showing SRF's global manufacturing and office locations
An SRF manufacturing facility

About The Report

The ESG section of the Annual Report outlines our sustainability efforts, reflecting our focus on sustainable, long-term value creation for stakeholders. The report presents a holistic view of SRF Limited’s (We, Us, Our) financial and non-financial performance, highlighting the ESG governance mechanisms, systems, processes, initiatives, and outcomes achieved during the reporting period.

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ESG Commitment and Performance for FY 26

0%

of electricity procured from renewable sources

0+ lakhs

CSR beneficiaries

0%

inputs sourced sustainably

0MWh

energy saved through energy efficiency measures

Financial Capital

Financial Capital

We anchor our long-term growth in a well-balanced mix of debt and equity, recognising financial capital as a cornerstone of our business. Through a robust cash flow monitoring framework, we identify growth opportunities and drive cost efficiencies across operations.

Key Highlights

₹14,600 croreof Capital Employed
₹15,787 croreRevenue
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Intellectual Capital

Intellectual Capital

At SRF, innovation drives everything we do. Our Research & Development (R&D) teams, working across multiple business segments, are focused on developing advanced solutions that address evolving customer demands, promote sustainability, and create exceptional value.

Key Highlights

₹165 croreR&D spends
500+Strong R&D workforce
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Manufactured Capital

Manufactured Capital

At SRF, we remain firmly committed to sustainable, long-term growth by strengthening operational excellence and embedding a culture of continuous improvement across the organisation.

Key Highlights

₹1,717 croreof Capital Expenditure
90+countries Exports
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Human Capital

Human Capital

At SRF, our people are our greatest strength, and we are dedicated to creating a workplace that is inclusive, safe, and supportive of well-being, learning, and growth.

Key Highlights

2.37+ lakhTraining hours of workforce
4%Increase in the women workforce in our permanent workforce
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Social and Relationship Capital

Social and Relationship Capital

At SRF, we are committed to strengthening our social and relationship capital through transparent, trust-based, and sustained engagement with all stakeholders.

Key Highlights

₹32.97 crorespent on CSR projects
5.17+ lakhsbeneficiaries
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Natural Capital

Natural Capital

We are committed to environmental stewardship and sustainability, recognising them as fundamental to our long-term growth and value creation.

Key Highlights

1,917 TJgreen energy utilised
9%+reduction in GHG emission intensity (tCO₂e/₹ lakhs of revenue) in FY26 vs previous year
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Awards and Accolades

Q1 FY26
ZERO PPM Award from Toyota Kirloskar Motor

SRF’s Fluorochemicals Business received the ZERO PPM Award from Toyota Kirloskar Motor Pvt. Ltd. for quality and defect-free performance.

Q2 FY26
Supply Chain Planning Champion, ISCM 2025

SRF has been recognised as the ‘Supply Chain Planning Champion’ in the Institute of Supply Chain Management (ISCM) Supply Chain Planning Ranking 2025.

Q3 FY26
Lifetime Achievement award, Hurun India 2025

Chairman Emeritus, Mr. Arun Bharat Ram was honoured with the prestigious ‘Lifetime Achievement in Multigenerational Family Enterprise & Global Industrial Advancement Award’ by Hurun India at the India’s Most Respected Family Business Awards 2025.

Q4 FY26
BW India Most Sustainable Companies 2024–25

SRF has been recognised among BW India’s Top 60 Most Sustainable Companies (IMSC) 2024–25, within the IMSC universe of the Top 200 companies, underscoring the strength, consistency, and credibility of our sustainability performance. SRF is ranked among the Top 3 Most Sustainable Companies in the Chemicals & Industrial Gases Sector.

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