MAKE IN INDIA – SRF Limited

Management Team

SRF
Mr. Arun Bharat Ram

Mr. Arun Bharat Ram, Chairman

Mr. Ashish Bharat Ram, Managing Director

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Journey Began

Established in 1970 as Shri Ram Fibres Limited, by DCM Limited.

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Products Manufactured

Technical Textiles that include nylon tyre cord fabric, belting fabric, coated fabric, laminated fabric, polyester tyre cord fabric and industrial yarns and its research and development.

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Manufacturing Facilities

Chennai, Gummidipoondi and Viralimalai in Tamil Nadu, Madhya Pradesh and in Uttarakhand.

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Expansion Plans

SRF made investments of around Rs. 3,200 crores in all its segments towards business expansion in the last five years.

Global Presence

The company has significant global presence in some of its businesses, with operations in three countries namely India, Thailand and South Africa and commercial interests in more than 75 countries.

SRF-pic-2

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Financial Performance

Net revenue from operations of the company on standalone basis increased marginally by 0.91 % from Rs. 3613.99 crores in 2014-15 to Rs. 3646.82 crores in 2015-16. Profit after tax (PAT) on a standalone basis increased by 17.27 per cent from Rs. 307.73 crores to Rs. 360.87 crores.

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Outlook

In the Coated Fabrics segment, the domestic marketshare is expected to improve through appointment of new channelpartners and reduced turnaround time for fabricated articles.The prospect of a resolution of the long pending issueswith regard to mining and infrastructure projects, in particular, augurs well for Belting Fabrics which are essentially used asreinforcement in conveyor belts. The company hopes to be ina position to leverage the potential demand growth throughadditional sales.

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Technology & R&D

The R&D centre of Technical Textiles Business at Manali aims at maximising competitiveness of thebusiness through market oriented new product and technology development. Many products have been developed by the centre last year, out of which 4 Coated fabric variants have been commercialized along with 1 new Nylon-6 Polymer variant for Engineering Plastics application and a Polyester fabric for Tyre cords. Apart from this, the centre is also engaged with leading Academic and Research Institutes in India and abroad for various research projects. The company is committed to strengthening its development and continue to invest in enhancing capabilities keeping the future market requirements in mind and strengthening the relationship with large Indian and global companies. The company has also engaged global consultants towards this and developing new special products which will help SRF to grow faster in future.