SRF Annual Report Update - Fluorochemicals To Support Growth In Chemicals In FY22: Motilal Oswal
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Motilal Oswal Report
SRF Ltd.’s FY21 Annual Report highlights its performance and outlook across key businesses.
Additionally, the company has announced its vision – Aspirations 2025, on the back of which it aims to achieve:
professional reputation and value system,
innovation and technology leadership, and
Here are the key highlights:
The specialty chemicals business maintained its growth momentum during the year despite Covid-19 related disruptions impacted Q1 FY21.
Specialty chemical business reported stellar revenue growth of 47% YoY to Rs 23.9 billion in FY21 despite achieving revenue growth of 56% in FY20.
SRF remains focused on the agrochemicals and pharmaceuticals segments – wherein it collaborates with major global innovators on process development, commercialisation, and producing complex newage molecules with downstream applications.
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