SRF to Invest ₹750 Cr in Agro-Chemical and BOPP Film Plants

India’s chemical and packaging industry is witnessing fresh momentum as SRF Ltd ramps up investments to deepen its manufacturing capabilities. The Gurugram-headquartered company has greenlit nearly ₹750 crore for two major facilities—an agrochemical intermediate plant in Dahej, Gujarat, and a BOPP film unit in Indore, Madhya Pradesh.

According to its July 23 regulatory filing, SRF’s board approved ₹250 crore for the agrochemical facility with an annual capacity of 12,000 tonnes, targeted for completion within 18 months. Another ₹490 crore is being channelled into the Indore plant, which will feature a 10.4-meter-wide Bruckner film line and metallising equipment, scheduled to go live in 24 months.

The diversified business of SRF includes fluorochemicals, specialty chemicals, technical textiles, performance films and coated textiles. The new investments indicate a strategic drive to get a growing domestic and international demand, supported by innovation and capacity increase.

Financially, the company is off to a strong start in FY25. SRF reported a consolidated net profit of ₹432.32 crore in the April–June quarter, marking a sharp 71% rise from ₹252.22 crore a year ago. Operational revenue climbed to ₹3,818.62 crore, a 10% year-on-year increase.

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“Despite subdued seasonal demand and uncertainty in global markets, we’ve seen a promising start to the financial year. Our focus on capital investments remains strong, and we are optimistic—albeit cautiously—for the coming months,” said Ashish Bharat Ram, Chairman and Managing Director.

With a turnover of ₹14,358 crore and exports to over 100 countries, SRF continues to strengthen its global position through focused capital deployment.