SRF Ltd. — Interim / Quarterly Report 2023

Jan 31, 2023

==> picture [82 x 49] intentionally omitted <==

The Corporate Relationship Department, BSE Limited Ist Floor , New Trading Ring Rotunda Building, P.J. Towers Dalal Street, Mumbai 400 001 Scrip Code- 503806

National Stock Exchange of India Limited “Exchange Plaza” Bandra-Kurla Complex Bandra (E) Mumbai 400 051

Scrip Code-SRF

SRF/SEC/BSE/NSE

31.01.2023

Dear Sir,

Presentation- Earnings Call (Un-Audited Financial Results for the quarter and nine months ended 31.12.2022)

In continuation of our letter dated 27[th] January, 2023 informing about hosting of earning call to discuss UnAudited financial results for quarter and nine months ended 31[st] December, 2022, please find enclosed Investors presentation, of the same for your reference and record.

The same is also available on the Company’s website i.e. www.srf.com

Thanking you,

Yours faithfully,

For SRF LIMITED

Rajat Digitally signed by Rajat Lakhan Lakhanpal Date: 2023.01.31 pal 14:25:03 +05'30'

Rajat Lakhanpal Sr. VP (Corporate Compliance) & Company Secretary

Encl: As above

SRF LIMITED Block-C Sector 45 Gurugram 122 003 Haryana India Tel: +91-124—4354400 Fax: +91-124—4354500 E-mail: info@srf.com Website: www.srf.com Regd. Office: Unit No. 236 & 237, 2nd Floor DLF Galleria, Mayur Place Noida Link Road Mayur Vihar Phase 1 Extension Delhi 110091

Corporate identity No. L181010L1970PLC005197

SRF Limited Q3 & 9M FY23 Results Presentation January 31, 2023

==> picture [251 x 403] intentionally omitted <==

----- Start of picture text -----

Disclaimer
----- End of picture text -----

==> picture [124 x 124] intentionally omitted <==

Certain statements in this document may be forward-looking. Such statements are subject to certain risks and uncertainties like regulatory changes, local, political or economic developments, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks related to an economic downturn in any of the countries where SRF Limited has its manufacturing and / or commercial footprint.

SRF Limited may, from time to time, make additional written and oral forward-looking statements, including exports to shareholders. The company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forwardlooking statements to reflect subsequent events or circumstances.

2

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Contents

Company Overview……………………………………………………………………………… 04 Q3 & 9M FY23 Results Overview…..……………………………………………………….. 11 Q3 & 9M FY23 Segmental Performance……..………………………………………….. 15 Outlook……………………………………………………………………………………………….... 31

==> picture [80 x 160] intentionally omitted <==

==> picture [262 x 261] intentionally omitted <==

==> picture [101 x 200] intentionally omitted <==

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

3

==> picture [155 x 124] intentionally omitted <==

COMPANY OVERVIEW

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

4

Snapshot

==> picture [43 x 43] intentionally omitted <==

==> picture [43 x 43] intentionally omitted <==

==> picture [44 x 43] intentionally omitted <==

Exports to Operations in 14 90+ 4 Manufacturing Facilities Countries Countries

==> picture [124 x 124] intentionally omitted <==

==> picture [43 x 43] intentionally omitted <==

7,000+ Global Workforce

==> picture [43 x 43] intentionally omitted <==

==> picture [43 x 43] intentionally omitted <==

==> picture [44 x 43] intentionally omitted <==

==> picture [43 x 43] intentionally omitted <==

12,434 cr 38% 42% 20% Revenue Packaging Chemicals Technical Textiles & Others

==> picture [43 x 43] intentionally omitted <==

==> picture [44 x 43] intentionally omitted <==

3,146 cr 1,889 cr EBITDA PAT

==> picture [352 x 8] intentionally omitted <==

----- Start of picture text -----

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.
----- End of picture text -----

==> picture [124 x 124] intentionally omitted <==

Overview - Business Profile

Packaging Films

==> picture [356 x 332] intentionally omitted <==

Chemicals

Films for Flexible Packaging

Specialty Chemicals

Fluorochemicals

Intermediates for AI / Refrigerants API / Applications Pharma Propellants Contract Manufacturing, Industrial Chemicals Custom Research & Fluoropolymers Synthesis (Upcoming)

Bi-axially Oriented Polyethylene Terephthalate (BOPET)

Bi-axially Oriented Polypropylene (BOPP)

Technical Textiles

Others

Tyre Cord Fabrics (Nylon & Polyester) Belting Fabrics Polyester Industrial Yarn

Coated Fabrics Laminated Fabrics

Revenue

EBIT

No of Plants

(In Rs. Crore)

(In No)

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

6

Note: As on 31st March 2022

Manufacturing Facilities

==> picture [853 x 431] intentionally omitted <==

----- Start of picture text -----

FLUOROCHEMICALS & SPECIALTY CHEMICALS
2 National Operations
1. Rajasthan, India - Bhiwadi
2. Gujarat, India - Dahej
PACKAGING FILMS
3 International Operations
TECHNICAL TEXTILES 1
4 National Operations 1 4. KwaZulu - Natal, South Africa
5. Rayong, Thailand
1. Madhya Pradesh, India - Malanpur, Bhind
6. Jaszfenyszaru, Hungary
2. Tamil Nadu, India - Manali
3. Gummidipoondi 1
4. Viralimalai
PACKAGING FILMS 1 2 South Africa
4
3 National Operations 2 3
1. Uttarakhand, India- Kashipur
2. Madhya Pradesh, India - Special Economic Zone (SEZ),
3. Pithampur, Indore - Bagdoon, Pithampur, Indore
5
Thailand
LAMINATED FABRICS
1 National Operation
1. Uttarakhand, India - Kashipur
COATED FABRICS
3
1 National Operation 2 Hungary 6
1. Tamil Nadu, India - Gummidipoondi 1
4
----- End of picture text -----

7

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Market Leadership Across Businesses

Specialty Chemicals

Fluorochemicals

Packaging Films

Established relationship with marquee customers

Unique and fully integrated facilities extending across a wide range of refrigerants and industrial chemicals

Recognized for expertise in developing, manufacturing and marketing innovative, superior film products

Capability in scaling up pilot processes and creating value through operational excellence

Domestic leadership in HFC’s excellence with strong trade distribution network; High levels of customer significant market share of engagement backed by Fluorochemicals in India strong R&D, technical with global scale operations service, product and quality management under one roof One of the few global manufacturers for Pharma Handling complex reactions - grade 134a/P - propellant in halogenation, ethylation, metered dose inhalers hydrogenation, nitration, diazotization, grignard, Among the top five global isomerization, amination, manufacturers for key organocatalysis, and Fluorochemicals products decarboxylation

Flexible business model, strong and loyal customer relationships with tailored solutions; NPD Lab to ensure future readiness

Highly efficient asset base offering value added products in close proximity to customer locations

==> picture [124 x 124] intentionally omitted <==

Technical Textiles

Domestic market leader in Tyre Cord manufacturing and Belting Fabrics

40% share in India’s Nylon Tyre Cord market. 2nd largest player globally

3rd largest manufacturer of Conveyor Belting Fabrics in the world

8

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Growth Levers

Build a Company known and respected for its R&D capabilities

==> picture [101 x 416] intentionally omitted <==

Focus on building leadership businesses

Build and maintain market leadership in business segments

Nurture innovation through R&D

Reposition portfolio towards knowledge-based products

Focus on building knowledge-based value-added products

Continue to build new competencies in the chemical technology space

Greater focus on ESG initiatives

Benefit the communities where we work

Embrace diversity, equity & inclusion

Enhance focus on the 3R’s- Recycle, Reuse & Reduce Increase consumption of green/renewable sources of energy

9

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Results Overview - Financial Overview

Consolidated figures

==> picture [124 x 124] intentionally omitted <==

Key Financial Ratios

PARTICULARS	FY13	FY14	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22
EBITDA Margin	17.59%	13.59%	20.43%	22.13%	21.42%	17.69%	19.00%	20.90%	26.05%	25.30%
PAT Margin	6.69%	4.04%	8.78%	9.51%	10.87%	8.38%	8.33%	12.70%	14.26%	15.19%
Net Debt to Equity	0.70	1.00	0.98	0.71	0.67	0.82	0.83	0.76	0.39	0.32
Net Debt to EBIDTA	2.08	3.80	2.83	1.97	2.11	3.01	2.42	2.48	1.24	0.88
Asset Turnover	0.82	0.73	0.77	0.7	0.68	0.66	0.72	0.66	0.65	0.79
Debtors Turnover	7.44	5.81	7.43	8.79	7.21	8.1	6.90	8.09	6.64	6.94

10

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

==> picture [155 x 124] intentionally omitted <==

Q3 & 9M FY23 Results Overview

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

11

Abridged Results Overview

Consolidated figures

==> picture [124 x 124] intentionally omitted <==

Particulars (Rs. Crore)	Q3 FY23	Q3 FY22	% Y-o-Y	9M FY23	9M FY22	% Y-o-Y
Gross Operating Revenue	3,469.7	3,345.9	3.7%	11,092.2	8,884.2	24.9%
EBITDA	858.6	858.6	-	2,726.2	2,202.2	23.8%
EBITDA Margin (%)	24.7%	25.7%		24.6%	24.8%
Depreciation	150.7	132.4	13.8%	420.7	385.6	9.1%
Interest	62.0	29.4	110.6%	138.9	80.2	73.1%
ECF (Gain) / Loss	15.0	(33.5)	-144.9%	76.0	(61.3)	-223.9%
Profit Before Tax	630.9	730.3	-13.6%	2,090.6	1,797.6	16.3%
Profit After Tax	510.9	505.5	1.1%	1,599.9	1,283.3	24.7%
Profit After Tax Margin (%)	14.7%	15.1%		14.4%	14.4%
Basic and Diluted EPS (Rs.)	17.24	17.06		53.97	43.31

12

EPS is recalculated based on post bonus issued and paid-up capital

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Results Overview - Revenue Share

Revenue (Rs. Crore)

==> picture [887 x 356] intentionally omitted <==

----- Start of picture text -----

Q3 FY23 Q3 FY22 9M FY23 9M FY22
Total – 3,477.6 Total – 3,349.1 Total – 11,110.4 Total – 8,892.9
92.4 107.0 298.3 247.0
425.9 537.8 1,463.2 1,588.6
2.7% 3.2% 2.7% 2.8%
12.2% 13.2%
16.1% 17.9%
42.6% 41.2%
47.8%
50.5%
34.6%
36.3%
38.1%
38.1%
1,756.6 1,428.3 5,309.2 3,668.3
1,202.7 1,276.0 4,029.7 3,389.0
----- End of picture text -----

CB – Chemicals Business; PFB - Packaging Films Business; TTB – Technical Textiles Business; Others

13

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Results Overview - EBIT Share

EBIT (Rs. Crore)

==> picture [887 x 356] intentionally omitted <==

----- Start of picture text -----

Q3 FY23 Q3 FY22 9M FY23 9M FY22
Total – 725.9 Total – 795.5 Total – 2,353.5 Total – 1,959.4
9.2 8.6 23.6 16.3
34.2
113.5 213.3 380.0
1.3%
1.1% 1.0% 0.8%
4.7% 9.1%
14.3%
118.6 16.3% 19.4%
21.9%
45.6%
52.7%
32.0% 515.2
68.0%
34.2%
77.7%
563.9 419.2 1,601.4 892.6
254.2 670.5
----- End of picture text -----

CB – Chemicals Business; PFB - Packaging Films Business; TTB – Technical Textiles Business; Others

14

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

==> picture [155 x 124] intentionally omitted <==

Q3 & 9M FY23 Segmental Performance Chemicals Packaging Films Technical Textiles Others

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

15

==> picture [583 x 540] intentionally omitted <==

----- Start of picture text -----

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.
----- End of picture text -----

==> picture [124 x 124] intentionally omitted <==

Chemicals Business

==> picture [92 x 91] intentionally omitted <==

16

Chemicals Business - Results Update

Consolidated figures

==> picture [124 x 124] intentionally omitted <==

PARTICULARS Q3 FY23 Q3 FY22 % Y-o-Y 9M FY23 9M FY22 % Y-o-Y

Segment Revenues	1756.6	1428.3	23.0%	5309.2	3668.3	44.7%
% Contribution to Revenues	50.5%	42.6%		47.8%	41.2%
EBIT	563.9	419.2	34.5%	1601.4	892.6	79.4%
% EBIT Margins	32.1%	29.4%		30.2%	24.3%
% Contribution to EBIT	77.7%	52.7%		68.0%	45.6%

17

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Chemicals Business

Specialty Chemicals Business

Segment delivered a robust performance on account of:

• Addition of new products that gained substantial traction

• Ramp-up of recently commissioned state-of-theart MPP4 facility at Dahej

• Healthy demand for key products and downstream derivatives

==> picture [124 x 124] intentionally omitted <==

Capex Update

• ❑ The Board has approved a project for setting up a new and dedicated facility to produce an agrochemical intermediate at Dahej at a projected cost of ₹110 crore to meet the growing demand for the product in the future. It is expected to be commissioned in 10 months

• ❑ The Board has approved a project to create a structure for a new plant building at a projected cost of ₹40 crore. Expect more plants to come in and completion of the structure pre monsoon gives a head start.

• In 9M FY23, SRF successfully launched 4 new Agro products and 1 new pharma product

• High level of customer engagement with global innovators. Complex and advanced products and AIs remain in focus

• Continued emphasis on de-risking supply chain as well as reducing costs by improving processes

Market Trends

Global agrochemicals market continues to witness growth

• India's growth as an alternative specialty chemicals manufacturing base has been bolstered via the "China plus one" procurement strategy

While input costs of certain raw materials remained elevated, it has started showing signs of softening

==> picture [20 x 19] intentionally omitted <==

18

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Chemicals Business

==> picture [266 x 398] intentionally omitted <==

==> picture [124 x 124] intentionally omitted <==

Chemicals Technology Group

Chemicals Technology Group (CTG) is actively engaged in the development of new process technologies

Key focus on high end molecules

Strong internal competencies and capabilities

Equipped with state-of-the-art R&D facilities and an ingenious team of scientists and engineers

2 R&D centres in India – Bhiwadi, Rajasthan and Gurugram, Haryana

16 new process patents were granted in 9M FY23, taking the tally to 130 global patents to-date. Overall, the Company has applied for 398 patents

==> picture [39 x 67] intentionally omitted <==

398 Patents applied

130

Global Patents granted

19

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Chemicals Business

Fluorochemicals Business

Business reported healthy growth led by:

Strong traction in the domestic market and higher prices for certain key refrigerants in critical international markets

Dymel® HFA 134a/P (pharma grade gas) expanded to new geographies and reported significant growth New Chloromethanes plant showing traction

==> picture [124 x 124] intentionally omitted <==

Capex Update

• ❑ The Board has approved a project for setting up a range of Specialty Fluoropolymers at Dahej at a projected cost of ₹595 crore. It is expected to be commissioned in 24 months

• ❑ To establish SRFs presence in the large Fluoropolymers space and achieve strategic goals

• ❑ In-house technology provides significant backward integration for cost competitiveness

Successfully commissioned 2 new facilities during the quarter

Major capex plans on-track, some delay in PTFE

Strong demand outlook for HFCs, both in the domestic and international markets

Market Trends

• Long-term refrigerant gas demand dynamics remain intact

• Healthy opportunities in key markets of India, USA, and Middle East

==> picture [20 x 19] intentionally omitted <==

20

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

==> picture [583 x 540] intentionally omitted <==

----- Start of picture text -----

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.
----- End of picture text -----

==> picture [124 x 124] intentionally omitted <==

Packaging Films Business

==> picture [103 x 54] intentionally omitted <==

21

Packaging Films Business - Results Update

Consolidated figures

==> picture [124 x 124] intentionally omitted <==

PARTICULARS	Q3 FY23	Q3 FY22	% Y-o-Y	9M FY23	9M FY22	% Y-o-Y
Segment Revenues	1202.7	1276.0	-5.7%	4029.7	3389.0	18.9%
% Contribution to Revenues	34.6%	38.1%		36.3%	38.1%
EBIT	118.6	254.2	-53.3%	515.2	670.5	-23.2%
% EBIT Margins	9.9%	19.9%		12.8%	19.8%
% Contribution to EBIT	16.3%	32.0%		21.9%	34.2%

22

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Packaging Films Business

Key Highlights

==> picture [124 x 124] intentionally omitted <==

Business faced headwinds on account of:

Market Trends

BOPET and BOPP demand and prices remained soft

Steep energy costs in Europe, impacting overall operations in Hungary

Focus on operational efficiencies:

Various raw material sourcing initiatives were taken to better navigate through volatility

Commercialized 2 new products in the BOPP segment during the quarter

With significant capacity addition both in India and overseas, pressure on margins is expected to continue in the near-term

Energy costs witnessing a downward trend in Europe which should provide some positive

Sustainability initiatives to gain momentum during the year

Demand trending towards global suppliers with multi-locational facilities

Business performance aided by its position in VAPs and contracted sales

==> picture [20 x 19] intentionally omitted <==

23

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

==> picture [124 x 124] intentionally omitted <==

Technical Textiles Business

==> picture [78 x 85] intentionally omitted <==

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

24

Technical Textiles Business - Results Update

Consolidated figures

==> picture [124 x 124] intentionally omitted <==

PARTICULARS	Q3 FY23	Q3 FY22	% Y-o-Y	9M FY23	9M FY22	% Y-o-Y
Segment Revenues	425.9	537.8	-20.8%	1463.2	1588.6	-7.9%
% Contribution to Revenues	12.2%	16.1%		13.2%	17.9%
EBIT	34.2	113.5	-69.9%	213.3	380.0	-43.9%
% EBIT Margins	8.0%	21.1%		14.6%	23.9%
% Contribution to EBIT	4.7%	14.3%		9.1%	19.4%

25

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Technical Textiles Business

Key Highlights

Demand for NTCF remained subdued during the quarter Belting Fabric and Nylon Industrial Yarn segments recorded higher sales YoY with healthy volumes Sluggish geogrid segment resulted in weak demand for Polyester Industrial Yarn

In line with our ESG strategy, the business commissioned a solar plant during the quarter

==> picture [124 x 124] intentionally omitted <==

Market Trends

NTCF demand expected to remain flat

Demand in the Belting Fabrics segment is anticipated to remain healthy, with a stable outlook for end-user industries like steel, coal, and power sectors

Continued focus on operating efficiencies and running plants optimally.

==> picture [20 x 19] intentionally omitted <==

26

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

==> picture [583 x 540] intentionally omitted <==

----- Start of picture text -----

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.
----- End of picture text -----

==> picture [111 x 29] intentionally omitted <==

----- Start of picture text -----

Others
----- End of picture text -----

==> picture [97 x 66] intentionally omitted <==

==> picture [124 x 124] intentionally omitted <==

27

Others - Results Update

Consolidated figures

==> picture [124 x 124] intentionally omitted <==

PARTICULARS	Q3 FY23	Q3 FY22	% Y-o-Y	9M FY23	9M FY22	% Y-o-Y
Segment Revenues	92.4	107.0	-13.7%	298.3	247.0	20.8%
% Contribution to Revenues	2.7%	3.2%		2.7%	2.8%
EBIT	9.2	8.6	6.8%	23.6	16.3	45.1%
% EBIT Margins	9.9%	8.0%		7.9%	6.6%
% Contribution to EBIT	1.3%	1.0%		1.0%	0.8%

28

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Others - Key Highlights

==> picture [390 x 186] intentionally omitted <==

==> picture [390 x 184] intentionally omitted <==

==> picture [124 x 124] intentionally omitted <==

Coated Fabrics

SRF continues to maintain its leadership position in the domestic market

Consistent demand & a strong order book Improved contribution from the Value-Added Products

Laminated Fabrics

SRF maintained its pricing and volume leadership, with the facility operating optimally in Q3 FY23

Margins were subdued and anticipated to remain under as a result of scenario pressure ongoing surplus supply and volatile raw material prices

==> picture [20 x 19] intentionally omitted <==

29

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

SRF’s Community Engagement

==> picture [578 x 260] intentionally omitted <==

==> picture [124 x 124] intentionally omitted <==

SRF Foundation received the 26 th Bhamashah Award from the Government of Rajasthan for outstanding contribution in Education and infrastructural development of Government Schools in Alwar, Rajasthan

Launched SmartShiksha Digital Bus in three locations, namely Kashipur (Uttarakhand), Bharuch (Gujarat), and Mewat (Haryana)

SRF Foundation organized a two-day Indian classical music concert, "SMARAN" to honour the birth centenary of Padma Vibhushan Ustad Ali Akbar Khan.

30

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

==> picture [155 x 124] intentionally omitted <==

Outlook

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

31

==> picture [124 x 124] intentionally omitted <==

Outlook - Chemicals Business

Specialty Chemicals

Moving up the value chain by accelerating qualifications of new molecules in Agro and Pharmaceuticals sectors, working on AIs to ensure a healthy product profile for the long term Key new product campaigns also coming up in the short term

ROI accretive projects involving complex chemicals and specialty products for SRF’s global customers

Focus on launch of new products from MPP4

Fluorochemicals

Demand in the refrigerants segment is expected to remain strong in the near to medium term

Focus on expanding in new markets / geographies and product offerings, ramping up sales from refrigerants, blends and industrial solvents

Managing key in-progress capex, and ramp up volumes to achieve high asset utilization Strong focus on effective resource utilization

32

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Outlook - Packaging Films Business

Aluminium foil project in SRF Altech Limited remains on track

==> picture [124 x 124] intentionally omitted <==

Focus on enhancing sales from the new BOPP film line in India and introduction of new value-added products

Expected pressure on BOPET and BOPP film margins to continue in the short run

Focus on increasing pace of R&D efforts, sustainability initiatives, efficient cost structures and enhanced capabilities

Emphasis on tie-ups with strong regional channel partners to enhance presence in key strategic markets

33

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

Outlook - Technical Textiles Business

==> picture [124 x 124] intentionally omitted <==

Higher operating leverage and cost optimization by capacity rationalization across various manufacturing facilities

Other sub-segments of Technical Textiles Business expected to contribute healthy volumes leading to significant contribution to the overall performance

34

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

About Us

Established in 1970, SRF Limited with an annual turnover of ₹12,313 crore (US$ 1.6 billion) is a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates. The company’s diversified business portfolio covers Fluorochemicals, Specialty Chemicals, Packaging Films, Technical Textiles and Coated and Laminated Fabrics. Anchored by a strong workforce of 7,000+ employees from different nationalities working across eleven manufacturing plants in India and one each in Thailand, South Africa and Hungary, the company exports to more than 90+ countries. Equipped with State-of-theArt R&D facilities, SRF has filed 398 patents for R&D and technology so far, of which 130 have been granted. A winner of the prestigious Deming Prize for two of its businesses, namely Tyre Cord and Chemicals, SRF continues to redefine its work and corporate culture with TQM as its management way.

For further information please contact

Anoop Poojari CDR India Tel: +91 98330 90434 Email: anoop@cdr-india.com

==> picture [124 x 124] intentionally omitted <==

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

35

==> picture [155 x 124] intentionally omitted <==

Thank You

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

36