As an investor, it’s critical to have a long-term perspective on the share market and to recognize promising businesses with high growth potential. One such business that has recently drawn a huge interest is SRF Ltd.
SRF Ltd. has been growing its operations and generating positive financial results year after year while operating a broad range of businesses in technical textiles, packaging films, and specialty chemicals.
Many investors are therefore interested in learning about the company’s share price target from 2024 to 2030 and whether it will be able to achieve the challenging goal of 10,000 INR by 2030.
To determine whether SRF Ltd. is a solid company to buy, we’ll look more closely at its financial results, future growth, and market trends in this article.
SRF Industries: Who are they and what do they do?
SRF Industries, established in 1970, is a multi-business conglomerate focused on the manufacturing of industrial and specialty intermediates. With diversified operations, the company’s key business segments include Chemicals, Packaging Films, Technical Textiles, and Coated and Laminated Fabrics. In the Chemicals business, SRF produces fluorochemicals and specialty chemicals for various industries such as refrigerants, pharmaceuticals, and agrochemicals.
Their Packaging Films business offers flexible packaging solutions for a wide range of applications. Additionally, SRF manufactures technical textiles including tire cord fabrics and polyester industrial yarn, along with coated and laminated fabrics for niche markets. The company has a global presence and is investing significantly in its chemical and packaging film businesses.
Below are the trading platforms that you can use to purchase SRF shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| June 2024 | 2,689.20 | 2,338.43 |
| July 2024 | 2,662.31 | 2,315.05 |
| August 2024 | 2,768.80 | 2,407.65 |
| September 2024 | 2,879.55 | 2,503.96 |
| October 2024 | 2,823.09 | 2,454.86 |
| November 2024 | 2,907.78 | 2,528.51 |
| December 2024 | 2,980.48 | 2,591.72 |
SRF Limited, with a market cap of ₹73,810 Cr and a current share price of ₹2,490 as of June 21, 2024, shows a promising upward trend for the remainder of the year. The stock is expected to reach a maximum of ₹2,980.48 and a minimum of ₹2,591.72 by December 2024.
The company’s stock P/E is 55.4, and its book value stands at ₹387. The 52-week high and low are ₹2,697 and ₹2,040, respectively
| When | Maximum Price | Minimum Price |
| January 2025 | 3,040.09 | 2,338.53 |
| February 2025 | 3,118.04 | 2,398.49 |
| March 2025 | 3,239.64 | 2,492.03 |
| April 2025 | 3,176.12 | 2,443.17 |
| May 2025 | 3,083.61 | 2,372.01 |
| June 2025 | 3,222.37 | 2,478.75 |
| July 2025 | 3,159.19 | 2,430.15 |
| August 2025 | 3,256.90 | 2,505.31 |
| September 2025 | 3,370.89 | 2,592.99 |
| October 2025 | 3,458.53 | 2,660.41 |
| November 2025 | 3,544.99 | 2,726.92 |
| December 2025 | 3,633.62 | 2,795.09 |
| When | Maximum Price | Minimum Price |
| January 2026 | 3,742.63 | 2,878.94 |
| February 2026 | 3,838.59 | 2,952.76 |
| March 2026 | 3,988.30 | 3,067.92 |
| April 2026 | 3,910.10 | 3,007.77 |
| May 2026 | 3,796.21 | 2,920.16 |
| June 2026 | 3,967.04 | 3,051.57 |
| July 2026 | 3,889.25 | 2,991.73 |
| August 2026 | 4,009.54 | 3,084.26 |
| September 2026 | 4,149.87 | 3,192.21 |
| October 2026 | 4,257.77 | 3,275.21 |
| November 2026 | 4,364.22 | 3,357.09 |
| December 2026 | 4,473.32 | 3,441.02 |
| When | Maximum Price | Minimum Price |
| January 2027 | 4,562.79 | 3,509.84 |
| February 2027 | 4,679.78 | 3,599.83 |
| March 2027 | 4,862.29 | 3,740.23 |
| April 2027 | 4,766.95 | 3,666.89 |
| May 2027 | 4,628.11 | 3,560.09 |
| June 2027 | 4,836.38 | 3,720.29 |
| July 2027 | 4,741.54 | 3,647.34 |
| August 2027 | 4,888.19 | 3,760.15 |
| September 2027 | 5,059.28 | 3,891.75 |
| October 2027 | 5,190.82 | 3,992.94 |
| November 2027 | 5,320.59 | 4,092.76 |
| December 2027 | 5,453.60 | 4,195.08 |
| When | Maximum Price | Minimum Price |
| January 2028 | 5,562.68 | 4,278.98 |
| February 2028 | 5,705.31 | 4,388.70 |
| March 2028 | 5,927.82 | 4,559.86 |
| April 2028 | 5,811.58 | 4,470.45 |
| May 2028 | 5,642.31 | 4,340.24 |
| June 2028 | 5,896.22 | 4,535.55 |
| July 2028 | 5,780.61 | 4,446.62 |
| August 2028 | 5,959.39 | 4,584.14 |
| September 2028 | 6,167.97 | 4,744.59 |
| October 2028 | 6,328.33 | 4,867.95 |
| November 2028 | 6,486.54 | 4,989.65 |
| December 2028 | 6,648.71 | 5,114.39 |
| When | Maximum Price | Minimum Price |
| January 2029 | 6,781.68 | 5,216.68 |
| February 2029 | 6,955.57 | 5,350.44 |
| March 2029 | 7,226.84 | 5,559.10 |
| April 2029 | 7,085.13 | 5,450.10 |
| May 2029 | 6,878.77 | 5,291.36 |
| June 2029 | 7,188.31 | 5,529.47 |
| July 2029 | 7,047.37 | 5,421.05 |
| August 2029 | 7,265.33 | 5,588.71 |
| September 2029 | 7,519.61 | 5,784.32 |
| October 2029 | 7,715.12 | 5,934.71 |
| November 2029 | 7,908.00 | 6,083.08 |
| December 2029 | 8,105.70 | 6,235.16 |
| When | Maximum Price | Minimum Price |
| January 2030 | 8,267.82 | 6,359.86 |
| February 2030 | 8,479.81 | 6,522.93 |
| March 2030 | 8,810.52 | 6,777.33 |
| April 2030 | 8,637.77 | 6,644.44 |
| May 2030 | 8,386.18 | 6,450.91 |
| June 2030 | 8,763.56 | 6,741.20 |
| July 2030 | 8,591.73 | 6,609.02 |
| August 2030 | 8,857.45 | 6,813.42 |
| September 2030 | 9,167.46 | 7,051.89 |
| October 2030 | 9,405.81 | 7,235.24 |
| November 2030 | 9,640.96 | 7,416.12 |
| December 2030 | 9,881.98 | 7,601.53 |
Financial Condition of SRF Ltd: Last 5 years
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| Sales | 7,100 | 7,209 | 8,400 | 12,434 | 14,870 | 13,139 |
| Expenses | 5,803 | 5,754 | 6,267 | 9,330 | 11,341 | 10,554 |
| Operating Profit | 1,297 | 1,455 | 2,133 | 3,103 | 3,529 | 2,584 |
| OPM % | 18% | 20% | 25% | 25% | 24% | 20% |
| Other Income | 78 | 152 | 66 | 116 | 75 | 83 |
| Interest | 198 | 201 | 134 | 116 | 205 | 302 |
| Depreciation | 358 | 389 | 453 | 517 | 575 | 673 |
| Profit before tax | 818 | 1,018 | 1,612 | 2,586 | 2,824 | 1,692 |
| Tax % | 22% | 0% | 26% | 27% | 23% | 21% |
| Net Profit | 642 | 1,019 | 1,198 | 1,889 | 2,162 | 1,336 |
| EPS in Rs | 22.33 | 35.46 | 40.44 | 63.72 | 72.95 | 45.06 |
| Dividend Payout % | 11% | 8% | 12% | 26% | 10% | 16% |
Over the past five years, SRF Ltd has shown significant growth in its financial performance. Sales increased from ₹7,100 Cr in 2019 to ₹13,139 Cr in 2024, with a peak of ₹14,870 Cr in 2023. Operating profit also saw a substantial rise from ₹1,297 Cr to ₹2,584 Cr, despite a dip in 2024.
The operating profit margin (OPM) improved from 18% to 20%. Net profit increased from ₹642 Cr in 2019 to ₹1,336 Cr in 2024, reaching a high of ₹2,162 Cr in 2023. Earnings per share (EPS) grew from ₹22.33 to ₹45.06. Despite fluctuations, SRF Ltd has maintained a robust financial health.
FAQS
Based on current financial projections and market trends, SRF Ltd’s share price target is estimated to reach a range of INR ₹2,338.43 to INR 9,881.98 by 2030.
It is difficult to predict the exact share price of any stock, including SRF Ltd, as it is subject to market volatility and other external factors. However, based on current projections and trends, SRF Ltd’s share price can reach INR 10,000 by 2030.
Factors such as the company’s financial performance, industry trends, global economic conditions, and regulatory changes could all influence SRF Ltd’s share price target in the coming years.
The historical growth rate of SRF Ltd’s share price is subject to change and can be checked on financial websites or by consulting with a financial advisor.
What is the market sentiment regarding SRF Ltd’s stock?
The market sentiment regarding SRF Ltd’s stock is subject to change and can be influenced by a variety of factors such as news events, analyst reports, and investor sentiment.
What is the dividend history of SRF Ltd?
SRF Ltd has a consistent dividend payment history, with a dividend payout ranging from 8.04% to 26.38% over the past five years.
What is SRF Ltd’s revenue growth trend?
SRF Ltd’s revenue growth has been consistently positive over the past five years, with a growth rate ranging from 4.0% to 22.2%.
What is SRF Ltd’s profit growth trend?
SRF Ltd’s profit growth has also been consistently positive over the past five years, with a growth rate ranging from 10.5% to 63.6%.
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Conclusion
In conclusion, SRF Ltd presents a compelling investment opportunity with a proven track record of financial growth and diversified operations across technical textiles, packaging films, and specialty chemicals. Over the past five years, the company has demonstrated robust performance, with significant increases in sales, operating profit, and net profit.
Looking ahead, the projected share price targets from 2024 to 2030 indicate a promising upward trend, potentially reaching up to ₹9,881.98 by 2030. While achieving the ambitious goal of ₹10,000 per share is uncertain, SRF Ltd’s solid financial foundation, strategic investments, and market presence position it as a strong contender for long-term growth
What did we learn?
- 1 SRF Industries: Who are they and what do they do?
- 2 How to Purchase SRF shares?
- 3 SRF Share Price Target: 2024 – 2030
- 4 Financial Condition of SRF Ltd: Last 5 years
- 5 FAQS
- 5.1 What is the current share price of SRF?
- 5.2 What is the projected share price target for SRF from 2024 to 2030?
- 5.3 Can SRF Ltd’s share price reach INR 10,000 by 2030?
- 5.4 What factors could influence SRF Ltd’s share price target in the coming years?
- 5.5 What is the historical growth rate of SRF Ltd’s share price?
- 5.6 What is the market sentiment regarding SRF Ltd’s stock?
- 5.7 What is the dividend history of SRF Ltd?
- 5.8 What is SRF Ltd’s revenue growth trend?
- 5.9 What is SRF Ltd’s profit growth trend?
- 6 Conclusion
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