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 regarding the company’s share price target from 2023 to 2030 and whether it will be able to achieve the challenging goal of 10,000 INR by 2025.
In order 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 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 films businesses.
Below are the trading platforms that you can use to purchase SRF shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
October 2023 | ₹2,358.40 | ₹2,144.00 |
November 2023 | ₹2,312.16 | ₹2,101.96 |
December 2023 | ₹2,388.46 | ₹2,171.33 |
As of October 25th, 2023, SRF’s share price stands at ₹2,144.
Looking ahead to the remainder of the year, the share price is projected to fluctuate within a certain range. In October 2023, the stock is expected to reach a maximum of ₹2,358.40 and a minimum of ₹2,144.00. Moving into November 2023, the forecasted range slightly narrows, with a maximum target of ₹2,312.16 and a minimum of ₹2,101.96.
Finally, by December 2023, the shares are expected to see an upswing, with a maximum target of ₹2,388.46 and a minimum of ₹2,171.33. These projections consider a variety of factors, including market trends, company performance, and economic conditions, and will likely influence investor sentiment in the months to come.
When | Maximum Price | Minimum Price |
January 2024 | ₹2,437.20 | ₹2,119.31 |
February 2024 | ₹2,486.94 | ₹2,162.56 |
March 2024 | ₹2,537.69 | ₹2,206.69 |
April 2024 | ₹2,463.78 | ₹2,142.42 |
May 2024 | ₹2,427.37 | ₹2,110.76 |
June 2024 | ₹2,514.76 | ₹2,186.74 |
July 2024 | ₹2,489.61 | ₹2,164.88 |
August 2024 | ₹2,589.19 | ₹2,251.47 |
September 2024 | ₹2,692.76 | ₹2,341.53 |
October 2024 | ₹2,639.96 | ₹2,295.62 |
November 2024 | ₹2,719.16 | ₹2,364.49 |
December 2024 | ₹2,787.14 | ₹2,423.60 |
In 2024, SRF’s share price appears to be on a generally upward trajectory, as projected for the year. The stock is expected to show a range of values throughout the year, reflecting its potential fluctuations.
Starting in January, the share price is anticipated to have a maximum of ₹2,437.20 and a minimum of ₹2,119.31. As the months progress, this range varies, with February showing a maximum of ₹2,486.94 and a minimum of ₹2,162.56, and March with a maximum of ₹2,537.69 and a minimum of ₹2,206.69.
Investors can anticipate these fluctuations as they track SRF’s performance throughout 2024, with the year concluding on a positive note, projecting a maximum of ₹2,787.14 and a minimum of ₹2,423.60 in December. These projections are subject to market dynamics and the company’s performance.
When | Maximum Price | Minimum Price |
January 2025 | ₹2,842.88 | ₹2,186.83 |
February 2025 | ₹2,915.78 | ₹2,242.90 |
March 2025 | ₹3,029.49 | ₹2,330.38 |
April 2025 | ₹2,970.09 | ₹2,284.68 |
May 2025 | ₹2,883.58 | ₹2,218.14 |
June 2025 | ₹3,013.34 | ₹2,317.96 |
July 2025 | ₹2,954.26 | ₹2,272.51 |
August 2025 | ₹3,045.63 | ₹2,342.79 |
September 2025 | ₹3,152.22 | ₹2,424.79 |
October 2025 | ₹3,234.18 | ₹2,487.83 |
November 2025 | ₹3,315.04 | ₹2,550.03 |
December 2025 | ₹3,397.91 | ₹2,613.78 |
In 2025, SRF’s share price is projected to display a robust upward trend, offering investors a promising outlook for the year. Starting in January, the stock is expected to have a maximum price of ₹2,842.88 and a minimum of ₹2,186.83, signaling a positive start to the year. As we progress into February and March, the projected values continue to rise, reaching a maximum of ₹2,915.78 and ₹3,029.49, respectively, while maintaining healthy minimum price levels.
April through June maintains the upward trajectory, with share prices fluctuating between a maximum of ₹2,970.09 and ₹3,013.34, providing stability for investors. The positive trend persists throughout the year, reaching a peak in December with a maximum price of ₹3,397.91 and a minimum of ₹2,613.78, offering a promising year-end prospect.
These projections are, of course, subject to various factors, including market conditions and the company’s performance. Nevertheless, SRF’s anticipated performance in 2025 appears favorable, presenting investors with an optimistic outlook for the year.
Year | Maximum Price | Minimum Price |
2026 | ₹3,567.81 | ₹2,497.47 |
2027 | ₹3,924.59 | ₹2,747.21 |
2028 | ₹5,494.42 | ₹2,747.21 |
2029 | ₹4,757.08 | ₹2,378.54 |
2030 | ₹6,184.20 | ₹4,328.94 |
The period from 2026 to 2030 promises a substantial growth trajectory for SRF’s share price, offering investors a compelling long-term outlook. In 2026, the share price is expected to reach a maximum of ₹3,567.81 and a minimum of ₹2,497.47, marking a steady upward trend. As we move into 2027, the projections become even more promising, with a maximum of ₹3,924.59 and a minimum of ₹2,747.21, signaling robust growth and stability.
The year 2028 appears particularly exciting, as the maximum share price is anticipated to surge to ₹5,494.42, with a minimum of ₹2,747.21. This substantial increase reflects the company’s potential for significant expansion and prosperity. While 2029 sees a minor adjustment, with a maximum of ₹4,757.08 and a minimum of ₹2,378.54, the long-term trend remains positive.
Finally, 2030 holds immense promise, with a maximum share price projection of ₹6,184.20 and a minimum of ₹4,328.94. These forecasts are indicative of SRF’s anticipated growth and robust performance over the coming years, making it an intriguing choice for investors seeking long-term opportunities in the stock market. Nevertheless, it is essential to consider that these projections are subject to market dynamics and the company’s actual performance in the years ahead.
Financial Condition of SRF Ltd: Last 5 years
SRF financials | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Sales | 7,100 | 7,209 | 8,400 | 12,434 | 14,870 |
Expenses | 5,803 | 5,754 | 6,267 | 9,330 | 11,341 |
Operating Profit | 1,297 | 1,455 | 2,133 | 3,103 | 3,529 |
OPM % | 18% | 20% | 25% | 25% | 24% |
Other Income | 78 | 152 | 66 | 116 | 75 |
Interest | 198 | 201 | 134 | 116 | 205 |
Depreciation | 358 | 389 | 453 | 517 | 575 |
Profit before tax | 818 | 1,018 | 1,612 | 2,586 | 2,824 |
Tax % | 22% | -0% | 26% | 27% | 23% |
Net Profit | 642 | 1,019 | 1,198 | 1,889 | 2,162 |
EPS in Rs | 22.33 | 35.46 | 40.44 | 63.72 | 72.95 |
Dividend Payout % | 11% | 8% | 12% | 26% | 10% |
SRF Industries has shown a consistent growth trajectory over the last five years, from 2019 to 2023. The company’s sales have steadily increased, reaching Rs. 14,870 crores in 2023, representing a significant jump from Rs. 7,100 crores in 2019. This growth can be attributed to effective expense management and operational efficiency, as evidenced by the rising operating profit, which stood at Rs. 3,529 crores in 2022. The company’s operating profit margin has remained relatively stable at around 24-25%, reflecting its ability to generate profits from its operations. Additionally, SRF Industries has demonstrated resilience in its net profit, which reached Rs. 2,162 crores in 2023, a substantial increase from Rs. 642 crores in 2019.
This upward trend is further supported by the consistently increasing earnings per share (EPS) of the company, culminating in Rs. 72.95 in 2023. These financial indicators highlight SRF Industries’ strong performance and position it as a promising player in the industry.
Sharekhan on SRF Ltd share price target
Sharekhan has given a buy call on SRF Ltd. According to him, you can continue buying SRF Ltd share with a target price of Rs2960.
Motilal Oswal on SRF Ltd share price target
Motilal Oswal has given a buy call on SRF Ltd. According to him, you can continue buying SRF Ltd share with a target price of Rs2450.
FAQS
Based on current financial projections and market trends, SRF Ltd’s share price target is estimated to reach a range of INR 2,101.96 to INR 6,184.20 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, it is possible for SRF Ltd’s share price to reach INR 10,000 by 2025.
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%.
SRF share price target for 2025 is ₹3,397.91 and ₹2,284.68.
SRF share price target for 2030 is ₹6,184.20 and ₹4,328.94.
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Conclusion
In terms of stock performance, SRF Industries has exhibited a healthy stock price CAGR (Compound Annual Growth Rate) ranging from 48% to 55% over different time periods. Although the 1-year stock price CAGR is relatively lower at 9%, it is important to note that past performance does not guarantee future results.
SRF Industries has maintained a strong Return on Equity (ROE) ranging from 20% to 23% over different time periods, indicating efficient utilization of shareholders’ investments and a solid financial position.
Considering the positive growth trends in sales, profits, and stock price, along with a strong ROE, it suggests that SRF Industries has the potential for further growth in its share price in the future.
What did we learn?
- 1 SRF Industries: Who are they and what they do?
- 2 How to purchase SRF shares?
- 3 SRF Share Price Target: 2023 To 2030
- 4 Financial Condition of SRF Ltd: Last 5 years
- 5 SRF share price target by Experts
- 6 FAQS
- 6.1 What is the current share price of SRF?
- 6.2 What is the projected share price target for SRF from 2023 to 2030?
- 6.3 Can SRF Ltd’s share price reach INR 10,000 by 2025?
- 6.4 What factors could influence SRF Ltd’s share price target in the coming years?
- 6.5 What is the historical growth rate of SRF Ltd’s share price?
- 6.6 What is the market sentiment regarding SRF Ltd’s stock?
- 6.7 What is the dividend history of SRF Ltd?
- 6.8 What is SRF Ltd’s revenue growth trend?
- 6.9 What is SRF Ltd’s profit growth trend?
- 6.10 What is SRF share price target for 2025?
- 6.11 What is SRF share price target for 2030?
- 7 Conclusion