Annual Report 2022-23
×

Creating Value, the Sustainable Way

Chairman’s Message

SRF’s progress has always been purposeful – beyond profits and always inclusive. Mindfulness in our actions and awareness about the impact of our decisions, have helped us be the changemakers for a better tomorrow. It explains why we chose – ‘Creating Value, the Sustainable Way'

Ashish Bharat Ram Chairman and Managing Director

SRF AT A GLANCE

SRF Limited is a chemical-based multi-business entity engaged in the manufacturing of industrial and specialty intermediates.

Our Approach to ESG

The ESG report provides a holistic overview of our sustainable and responsible approach to creating long-term value for our stakeholders, including customers, investors, employees, communities, etc., and sustainably leading our business operations.

Performance Snapshot

31%

Increase in Energy consumption from renewable sources (including biomass consumption) from FY22

38.45

TJ of energy saved

8.30%

Increase in recycled water from FY22

1,201TJ

Energy consumed from renewable sources and biomass

Financial Capital

Inputs

11,103 Cr.

Operating Cost

3,379.29 Cr.

Net Debt

Outputs

14,870 Cr.

Revenue

3,708 Cr.

EBIDTA

72.95

EPS

Manufactured Capital

Inputs

2,815.78 Cr.

Capex

10

Manufacturing facilities

Outputs

Higher sales volume

86+

Countries we export to

Intellectual Capital

Inputs

42

Patents applied in FY23

129.31 Cr.

R&D spent

400+

R&D workforce

Outputs

18

Patents granted in FY23

Multiple New products launched

Natural Capital

Inputs

12,912 TJ

of energy consumed

~46 LAKH

KL of water consumed

Outputs

1,201 TJ

of green energy and biomass consumption

17 LAKH

KL of water recycled

Human Capital

Inputs

7,171

Permanent employees

Skill development

~1.6 LAKH

Training hours

Outputs

61%

Reduction in LTIFR

16%

Increase of women in management roles

Social and Relationship Capital

Inputs

28.63 Cr.

spent in community projects regular engagement with suppliers

Outputs

3.5 Lakh+

Reduction in LTIFR

71%

raw material sourced sustainably

AWARDS AND RECOGNITION

SRF’s Chairman and Managing Director, Ashish Bharat Ram named India’s Best CEO in the Mid-sized Companies category of the Business Today-PwC India’s Best CEOs.

BOARD'S REPORT

MANAGEMENT DISCUSSION AND ANALYSIS