Navin Fluorine International Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹42,388 Cr
- P/E
- 53.31
- ROE
- 19.64%
- PEG
- 2.56
- Price to sales
- 11.67
- Debt to equity
- 0.32
- 52W high / low
- ₹8,776 / ₹4,977
- Sales growth (5Y)
- 22.95%
- EBITDA margin
- 33.90%
- Net profit margin
- 19.56%
- Promoter holding
- 27.08%
- Sales (last year)
- ₹3,634 Cr
Navin Fluorine International Ltd is primary engaged in producing refrigeration gases, inorganic fluorides, specialty organofluorines and offers contract research and manufacturing services.[1] Its portfolio includes 50+ fluorinated compounds developed over the years.[2]
Guidance scorecard · Q1 FY27 call
What Navin Fluorine International Ltd's management guided
and where it ranks in Chemicals & Petrochemicals
Chemicals & Petrochemicals
RevenueQ1 FY27 call
20–40%- Growth till FY '28 is largely baked in due to ongoing capex, including new HFC capacity, debottlenecking plant, and Chemours project.
- Advanced materials vertical is being incubated to become a material business unit by the decade's end, focusing on high-growth sectors like data centers, electronics, defense, and semiconductors.
- Specialty chemicals expected to grow with good order visibility and ramp-up in existing/new molecules, despite pricing pressures, especially in Latin America.
- CDMO business shows strong momentum with an expanding portfolio of commercial, late-stage, and early-stage programs across therapeutic areas including oncology, respiratory, cardiovascular, neurology, and animal health.
- New molecule pipeline of 30-40 molecules under active development, with 3-4 molecules expected FDA readouts in 8-12 months.
2 more points from Navin Fluorine International Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Navin Fluorine International Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- INR 90 crores capex approved for setting up adoption capacities for the advanced materials business, funded through internal accruals. This will cater to indigenous products for emerging sectors like data centers, electronics, defense, and semiconductors.…
- Chemours project as part of advanced materials vertical, targeted for completion by end of Q2 FY '27.
- Phase 2 cGMP4 capex of INR 125 crores in CDMO business funded through internal accruals, expected operationalization by Q4 FY '27. Part of INR 288 crores cGMP4 capex approved earlier.
- HFC capacity expansion equivalent to 15,000 metric tons of R32 on track for commissioning in Q3 FY '27.
- MPP facility debottlenecking at Dahej expected to complete by Q3 FY '27.
2 more points from Navin Fluorine International Ltd's call on capex
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FundraisingQ1 FY27 call
See what Navin Fluorine International Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
- Navin Fluorine is actively working on a molecule pipeline of 30 to 40 molecules.
- About 10 molecules are in the late stage, with 3 to 4 expected to have FDA readouts in the next 8 to 12 months.
- The company has strong order visibility in the Specialty Chemicals segment with existing and new molecules.
- CDMO business shows improved visibility with a robust product pipeline and sustained momentum.
- New capacity for CDMO is dedicated to existing European CDMO partner, with expansion in supply chain participation through MSAs.
- The company also has upcoming orders related to DRDO, but details remain confidential.
2 more points from Navin Fluorine International Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Chemicals & Petrochemicals
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Chemicals & Petrochemicals companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹263 Cr | 3.4 | |
| 2 | 40%+ | Flat | ₹4,375 Cr | 83.7 | |
| 3 | 40%+ | Flat | ₹3,259 Cr | 4.0 | |
| 4 | 40%+ | Flat | ₹145 Cr | 15.9 | |
| 5 | 20–40% | Up 2%+ | ₹1.81L Cr | 90.9 | |
| 6 | 20–40% | Up 2%+ | ₹48,366 Cr | 78.3 |
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All announcements →Financials of Navin Fluorine International Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Navin Fluorine International Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 697 | 491 | 472 | 500 | 602 | 524 | 519 | 606 | 701 | 725 | 758 | 892 | 938 |
| Expenses + | 495 | 377 | 373 | 424 | 492 | 423 | 411 | 459 | 522 | 519 | 512 | 585 | 617 |
| Operating Profit | 202 | 114 | 98 | 76 | 110 | 100 | 107 | 147 | 179 | 207 | 246 | 308 | 321 |
| OPM % | 29% | 23% | 21% | 15% | 18% | 19% | 21% | 24% | 26% | 29% | 32% | 34% | 34% |
| Other Income + | 4 | 8 | 23 | 64 | 13 | 10 | 11 | 10 | 12 | 14 | 18 | -5 | 31 |
| Interest | 14 | 19 | 20 | 18 | 17 | 16 | 14 | 20 | 28 | 30 | 30 | 28 | 29 |
| Depreciation | 8 | 21 | 24 | 25 | 26 | 27 | 28 | 30 | 35 | 35 | 37 | 36 | 41 |
| Profit before tax | 184 | 82 | 77 | 97 | 79 | 68 | 77 | 108 | 127 | 155 | 198 | 238 | 282 |
| Tax % | 26% | 25% | 22% | 20% | 11% | 25% | 23% | 23% | 25% | 24% | 25% | 22% | 25% |
| Net Profit + | 136 | 62 | 61 | 78 | 70 | 51 | 59 | 84 | 95 | 117 | 148 | 185 | 213 |
| EPS in Rs | 27.50 | 12.41 | 12.22 | 15.74 | 14.19 | 10.32 | 11.86 | 16.86 | 19.15 | 23.62 | 28.96 | 36.18 | 41.48 |
Financials of Navin Fluorine International Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 592 | 680 | 742 | 913 | 996 | 1,062 | 1,179 | 1,453 | 2,077 | 2,065 | 2,349 | 3,314 |
| Expenses + | 519 | 561 | 582 | 693 | 777 | 794 | 870 | 1,098 | 1,527 | 1,666 | 1,816 | 2,232 |
| Operating Profit | 72 | 118 | 159 | 220 | 219 | 268 | 309 | 356 | 550 | 399 | 534 | 1,082 |
| OPM % | 12% | 17% | 21% | 24% | 22% | 25% | 26% | 24% | 26% | 19% | 23% | 33% |
| Other Income + | 29 | 23 | 55 | 88 | 34 | 29 | 94 | 38 | 36 | 107 | 44 | 59 |
| Interest | 3 | 4 | 3 | 1 | 1 | 2 | 2 | 2 | 28 | 75 | 78 | 118 |
| Depreciation | 20 | 22 | 30 | 40 | 28 | 37 | 44 | 48 | 63 | 96 | 119 | 149 |
| Profit before tax | 78 | 116 | 182 | 266 | 224 | 258 | 358 | 344 | 496 | 336 | 380 | 873 |
| Tax % | 26% | 28% | 25% | 32% | 34% | -56% | 31% | 24% | 24% | 19% | 24% | 24% |
| Net Profit + | 58 | 84 | 137 | 180 | 149 | 409 | 258 | 263 | 375 | 270 | 289 | 664 |
| EPS in Rs | 11.18 | 17.08 | 27.88 | 36.43 | 30.15 | 82.57 | 52.02 | 53.09 | 75.68 | 54.56 | 58.19 | 129.46 |
| Dividend Payout % | 29% | 25% | 23% | 27% | 26% | 13% | 21% | 21% | 16% | 27% | 12% | 12% |
Financials of Navin Fluorine International Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 578 | 636 | 825 | 974 | 1,063 | 1,402 | 1,624 | 1,834 | 2,175 | 2,373 | 2,616 | 3,964 |
| Borrowings + | 61 | 82 | 19 | 13 | 4 | 1 | 25 | 121 | 861 | 1,368 | 1,466 | 1,272 |
| Other Liabilities + | 203 | 228 | 324 | 259 | 231 | 215 | 239 | 420 | 484 | 626 | 738 | 1,133 |
| Total Liabilities | 852 | 955 | 1,177 | 1,256 | 1,307 | 1,629 | 1,898 | 2,385 | 3,529 | 4,377 | 4,830 | 6,379 |
| Fixed Assets + | 274 | 375 | 561 | 428 | 430 | 529 | 540 | 556 | 1,646 | 1,875 | 2,736 | 3,324 |
| CWIP | 60 | 20 | 17 | 20 | 39 | 39 | 95 | 742 | 279 | 711 | 355 | 143 |
| Investments | 171 | 170 | 239 | 428 | 427 | 195 | 99 | 118 | 44 | 495 | 480 | 1,229 |
| Other Assets + | 346 | 390 | 360 | 380 | 410 | 866 | 1,163 | 969 | 1,561 | 1,296 | 1,259 | 1,683 |
| Total Assets | 852 | 955 | 1,177 | 1,256 | 1,307 | 1,629 | 1,898 | 2,385 | 3,529 | 4,377 | 4,830 | 6,379 |
Financials of Navin Fluorine International Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1 | 76 | 92 | 169 | 90 | 157 | 237 | 75 | -64 | 750 | 571 | 894 |
| Cash from Investing Activity + | 3 | -53 | -16 | -136 | -24 | 85 | -237 | -172 | -656 | -1,094 | -511 | -1,235 |
| Cash from Financing Activity + | -21 | -17 | -67 | -39 | -68 | -81 | -45 | 42 | 658 | 336 | -47 | 344 |
| Net Cash Flow | -17 | 6 | 10 | -6 | -3 | 161 | -45 | -56 | -61 | -8 | 13 | 3 |
| Free Cash Flow | -61 | 58 | -84 | 121 | 29 | 59 | 147 | -501 | -819 | 72 | 4 | 404 |
| CFO/OP | 28% | 87% | 78% | 100% | 74% | 76% | 71% | 43% | 8% | 196% | 122% | 83% |
Financials of Navin Fluorine International Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74 | 81 | 68 | 62 | 63 | 75 | 88 | 90 | 99 | 91 | 90 | 83 |
| Inventory Days | 96 | 89 | 136 | 110 | 91 | 127 | 129 | 149 | 197 | 150 | 117 | 118 |
| Days Payable | 113 | 112 | 94 | 92 | 58 | 79 | 77 | 85 | 103 | 122 | 118 | 140 |
| Cash Conversion Cycle | 57 | 57 | 110 | 80 | 96 | 123 | 140 | 154 | 193 | 119 | 89 | 61 |
| Working Capital Days | 39 | 37 | 4 | 43 | 58 | 88 | 113 | 109 | 140 | 45 | 25 | 178 |
| ROCE % | 11% | 17% | 22% | 29% | 21% | 21% | 22% | 19% | 20% | 11% | 12% | 21% |
Guidance history
How Navin Fluorine International Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | Planned | — | — |
| Q4 FY26 call → | 20–40% | Flat | Planned | — | Rising |
| Q3 FY26 call → | 20–40% | Flat | Planned | — | Rising |
| Q2 FY26 call → | 40%+ | Up 2%+ | Planned | None planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
82 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +65.9% | 89% |
| Last 6 months | +21.1% | 75% |
| Last 3 months | +11.8% | 81% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Navin Fluorine International Ltd: 0.4 × 89 + 0.4 × 75 + 0.2 × 81 = 82.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Navin Fluorine International Ltd's management said in earlier quarters
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