Expansion, demand triggers to help SRF maintain growth trajectory

Specialty chemicals and packaging businesses to aid near term growth

After posting strong double-digit growth on the back of expansion over the past few years, SRF is looking at increasing capex to monetise multiple opportunities. The company’s board will meet next week to look at fundraising options to finance new opportunities.

The firm has invested over Rs 4,000 crore in the past three years and is expected to invest Rs 2,000 crore over the next two years. Most of its recent investments have been in the chemical segment, which accounts for 40-50 per cent of the company’s consolidated revenues and operating profit. The expansion helped it grow the segment’s revenues and