QueenaBaker - China Automobile Expert-CNAUTO

SRF It is a refrigerant and tire window cloth manufacturer that has managed to emerge from its struggles as a dynamic intermediate chemicals manufacturer with niche areas of expertise. Once the company ends its reliance on carbon credits, it will be able to realize a better market valuation, even if it means lower profitability. The company’s plan clearly identifies the direction of growth. Between fiscal 2006 and fiscal 2013, SRF generated carbon credits by replacing refrigerant production with more environmentally friendly products, thereby increasing annual revenues. In addition to the prolonged stagnation of refrigerant production, the revenue stream is unclear. The company’s other major business is nylon curtain fabric (NTCF) led to a decline in the company’s market capitalization. However, with the growth of SRF. Investment in specialty chemicals is improving. Rajendra, an SRF official, said, “So far, we have invested Rs 120 crore in Dahej and c...

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