SRF to Invest Rs 7.5 Billion in Gujarat and Indore Units

28 Jul 2025 CW Team

Chemical manufacturer SRF Ltd has announced investments totalling nearly Rs 7.5 billion to establish two new production facilities—an agrochemical plant in Dahej, Gujarat, and a BOPP film manufacturing unit in Indore, Madhya Pradesh—as part of its strategic expansion.

The Gurugram-based company, which operates across fluorochemicals, speciality chemicals, performance films, technical textiles, and coated fabrics, received board approval on 23 July for both capital projects.

The agrochemical facility in Dahej will entail an investment of Rs 2.5 billion and is designed to produce 12,000 tonnes per annum of an agrochemical intermediate. Completion is expected within 18 months, the company stated in a regulatory filing.

Separately, SRF will invest Rs 4.9 billion in a new BOPP (Biaxially Oriented Polypropylene) film manufacturing plant in Indore. The project will feature a state-of-the-art 10.4-metre-wide Bruckner film line and metalliser, with commissioning expected in 24 months.

In its Q1 FY26 earnings, SRF posted a 71 per cent rise in consolidated net profit to Rs 432.32 million, up from Rs 252.22 million in the same period last year. Revenue from operations rose 10 per cent to Rs 3.82 billion, compared to Rs 3.46 billion a year earlier.

“In spite of a weak summer and global uncertainties, we have had a good start to the year. We remain cautiously optimistic going forward, with robust capital expenditure plans,” said Ashish Bharat Ram, Chairman and Managing Director.

For the full financial year 2024–25, SRF reported a consolidated net profit of Rs 1.25 billion on a total income of Rs 14.83 billion.

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