Kama Holdings Ltd - Stock Valuation and Financial Performance

SRF Polymers has been established following the demerger of the three businesses - Engineering Plastics, Fishnet Twines and Polyester Films from SRF Limited with effect from January 1, 2001.

The Engineering Plastics business caters to the Nylon engineering plastics requirements of companies in the automobiles, white goods, electrical goods, telecom cables, textile machinery, and electronics sectors.

Customers like Maruti, Telco, Bajaj, Ford, Hyundai, Fiat, Hero Honda, Yamaha, Whirlpool, BPL, Phillips and Visteon are testimony to the high quality of our products and services.

In 1977 SRF ventured into the then nascent market of Nylon Fishnet Yarn Twines. Today SRF is the largest networked manufacturer of Fishnet Twines in India. Branded TUFLON, it is the most sought after twine by manufacturers and dealers across India. The annual sales turnover of the business is 5500 MT ($26.2 million).

In 1979, SRF pioneered into a relatively unknown area, of nylon engineering plastics. The challenge was to initiate a mini-revolution of sorts, converting more and more metal applications into plastics. The engineering plastics business manufactures and markets TUFNYL range of Nylon 6 and Nylon 66 engineering plastic compounds and used as the raw material for various applications in automobiles, white goods, electrical, textile machinery, and electronics sectors.

Outsourcing is the prime mantra that drives this vibrant and very network intensive business. It has dedicated manufacturing facilities spread across India manufacturing chips, yarn, twine and nets. Its arms of networking cross continents with Business partners spread across the world.

Dealing in products right across the value chain (Chips, Yarn, Twine and nets) and led by an efficient, dedicated and barrier breaking team, it is poised to establish its presence globally with business already well rooted in South Asian and African markets.Based on its networking might, the business has started augmenting its strength through its recent ventures into trading of N6 and N66 based yarns.

Product range of the company includes:

Engineering Plastic Business  

• Tufnyl Nylon 6- Tufnyl Nylon 6 offers the right balance of mechanical, thermal and electrical properties for applications in varied industries like automobile, engineering, electrical, electronics, telecommunications, textile machinery, etc.
• Tufnyl Nylon 6 (Blends & Alloys)- SRF Polymers has the expertise to offer specialty high impact resistant and low moisture absorption grades based on nylons by blending/alloying with two or more polymers. It offers the end user industry, the designer and the processor, a wide range of compositions to satisfy myriad requirements.
• Tufnyl Nylon 66 -Tufnyl Nylon 66 is strong and tough even when exposed to higher temperatures. As it has high melting point Nylon 66 finds its applications requiring superior thermal properties.
• Tufbet includes- Bxxic – Black, BGF30-Natural/Black, BGF30FRO-Black, BGF30FRO-UV White

Fishnet Business

• Nylon 6 [Polyamide] Extrusion grade Chips TUFNYL®
• Chips for mono filament and Mutifilament Yarn manufacturing from 2.5 RV to 3.4 RV.
• Nylon 6 Multifilament Yarn TUFYARN®
• Nylon 6 Monofilament Yarn
• Twines (Nylon 6 multifilament twisted twines) TUFLON®

SRF’s can make tailor-make grades according to the demands of specific applications, which require high mechanical strength, high thermal properties, specific shade, high impact strength, specific combination of fillers and reinforcements, hydrolysis resistant, etc.

Apart from developing new products SRF can provide technical support to customers in developing new applications like new products with Nylon, metal to Nylon replacement and other plastics to nylon replacement.

SRF offers product design and FEA services in collaboration with external agencies. SRF is equipped with MOLDLFOW, plastic CAE software for providing technical services to customers in new product development and troubleshooting.