CMP: 298

SRF Ltd manufactures fluorochemicals, technical textiles, packaging films, and pharma chemicals as well as provides procurement solutions and services. The Company's chemicals business manufactures refrigerant gases, pharma-chem business manufactures intermediates/ advanced intermediates, packaging films business manufactures polyester film and the textile division manufactures nylon

SRF Ltd is a good value buy in mid-cap space. Its currently trading at a P/E of 3.50 making it a value buy for its strong fundamentals. Manageable liabilities. Revenues have grown aggressively from 1615 Crores to 3063 Crores in the last 4 years. Profits have risen from 138 Crores to 483 Crores aided by NPM growth in the same period. NPM has grown strongly from 8.50% to 15% in the last 4 years. Its a value buy and safe buy in the current downfall.