While SRF's Q2 operating performance missed Nirmal Bang and consensus estimates, the management sounded incrementally optimistic on sequential recovery in H2 FY27 and updated chemicals segment revenue guidance from 15%-20% to 20% in FY27, and Nirmal Bang likes the management's approach of diversifying within each segment and cater to newer high growth areas like battery, semiconconductor etc.
While SRF's Q2 operating performance missed Nirmal Bang and consensus estimates, the management sounded incrementally optimistic on sequential recovery in H2 FY27 and updated chemicals segment revenue guidance from 15%-20% to 20% in FY27, and Nirmal Bang likes the management's approach of diversifying within each segment and cater to newer high growth areas like battery, semiconconductor etc.
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