SRF SRF
Electronic Components (ECMS): Chemicals and films major supplying capacitor-grade polypropylene film, the dielectric inside film capacitors
Mapped in 2 themes: Semiconductors (Fab + ATMP) and Electronic Components (ECMS).
Where SRF sits in the supply chain
SRF appears in 2 supply-chain layers across 2 themes: Semiconductors (Fab + ATMP) and Electronic Components (ECMS).
Semiconductors (Fab + ATMP) › Ultra-Pure & Specialty Chemicals
Direct supplierFluorochemicals and specialty gases used in semiconductor etching and cleaning
Other companies in this layer
Electronic Components (ECMS) › Passives & capacitor film
Indirect supplierChemicals and films major supplying capacitor-grade polypropylene film, the dielectric inside film capacitors
Other companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 13,139 | 14,693 | 15,787 |
| Net profit | 1,336 | 1,251 | 1,835 |
Latest-year revenue ₹15,787 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths · in Electronic Components (ECMS)
- First-tranche ECMS approval (Oct 2025, ₹496 Cr) for polypropylene film in Madhya Pradesh
- Commissioned phase 1 of its capacitor-grade BOPP film line at Indore (~₹277 Cr) in May 2026
- Strong balance sheet and fluorochemicals cash flows
Risks · in Electronic Components (ECMS)
- Capacitor film is a small part of a ~₹15,800 Cr business
- Deferred a separate ₹490 Cr BOPP packaging-film project (May 2026) on weak film pricing
Common questions
What does SRF do?
In Electronic Components (ECMS): Chemicals and films major supplying capacitor-grade polypropylene film, the dielectric inside film capacitors. NextResearch maps it in 2 supply chains: Electronic Components (ECMS) and Semiconductors (Fab + ATMP).
Where does SRF sit in the supply chain?
SRF (NSE: SRF) is mapped in 2 supply-chain layers: Ultra-Pure & Specialty Chemicals (Semiconductors (Fab + ATMP)) and Passives & capacitor film (Electronic Components (ECMS)).
Who are SRF's peers?
In the Passives & capacitor film layer of Electronic Components (ECMS): TDK India (not NSE-listed), Vishay Components India (not NSE-listed) and Deki Electronics (not NSE-listed).
What is SRF's market cap and valuation?
As of 30 Oct 2026: market cap ₹69,337 Cr, P/E 29.4x, ROCE 14.6%, ROE 14.3%, dividend yield 0.39%.