Navin Fluorine International Ltd logo

Navin Fluorine International Ltd

NAVINFLUOR NSE

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]

AI Verdict: HOLD Confidence: 5%

Navin Fluorine shows exceptional profit growth of 132% TTM and strong analyst support with 76% buy ratings, but the stock trades at a steep PE of 56.4x and 9.42x book value, suggesting much of the growth is already priced in. Working capital deterioration from 83 to 178 days warrants monitoring before adding positions.

Key Fundamentals

MidcapSpecialty ChemicalsChemicals
Market Cap
₹39,213 Cr
Volatility
Moderate
P/E Ratio
58.42
EBITDA
₹1,075 Cr
Return on Equity
11.35%
Debt to Equity
0.57
Book Value
₹774.81
EPS
₹44.02
52W High
₹7,714.5
52W Low
₹4,498.5

Technical Indicators

Key Insights

Strengths

3
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 22.2% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 17.1%

Weaknesses

2
  • Stock is trading at 9.93 times its book value
  • Working capital days have increased from 82.8 days to 178 days

Growth Rate

Revenue Growth
38.48% ↗
Net Income Growth
129.92% ↗
Cash Flow Change
-23.88% ↘
ROE
-3.17% ↘
ROCE
2.45% ↘
EBITDA Margin (Avg.)
31.83% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
HOLD
Risk high

Navin Fluorine shows exceptional profit growth of 132% TTM and strong analyst support with 76% buy ratings, but the stock trades at a steep PE of 56.4x and 9.42x book value, suggesting much of the growth is already priced in. Working capital deterioration from 83 to 178 days warrants monitoring before adding positions.

Bull Case 8
  • Compounded profit growth of 132% TTM indicates a significant earnings inflection and operational leverage kicking in
  • 76% of analysts (19 out of 25) rate the stock a Buy, reflecting strong institutional conviction
  • Consistent 5-year profit CAGR of 22% demonstrates durable earnings compounding ability
  • ROE improved to 20% in the last year from a 5-year average of 15%, signaling improving capital efficiency
  • Compounded sales growth of 41% TTM shows strong demand tailwinds in specialty fluorine chemicals
  • 10-year stock CAGR of 34% reflects long-term wealth creation track record
  • 5-year sales CAGR of 23% outpaces the broader specialty chemicals sector average of 12-15%
  • Company expected to deliver a good upcoming quarter per screener consensus
Bear Case 8
  • PE ratio of 56.4x is expensive even by specialty chemicals standards, leaving limited margin of safety
  • Price-to-book of 9.42x implies the market is pricing in years of future growth already
  • Working capital days ballooned from 83 to 178 days, indicating potential cash conversion cycle stress
  • Dividend yield of just 0.21% provides negligible income cushion during any price correction
  • Stock has already rallied 60% in the past 1 year, raising risk of mean reversion
  • 16% of analysts (4 out of 25) rate the stock a Sell, a non-trivial bearish minority
  • Dividend payout ratio of only 17.1% means limited shareholder returns relative to earnings
  • ROE and ROCE data currently unavailable for latest period, reducing visibility on return sustainability

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 14h ago
Positives 1
  • Hybrid power SPV investment Jun 5

    Navin Fluorine Advanced Sciences Limited investing ₹5.50 crore for a 26% stake in Pro-Zeal Green Power Twenty Pvt Ltd, securing a 15-year power supply agreement for 5MW hybrid power at the Dahej Unit.

TL;DR: Navin Fluorine is taking steps to secure long-term renewable energy supply for its Dahej operations, which should provide cost stability and support ESG positioning. No headwinds surfaced in recent coverage. With limited news flow, the outlook remains steady, and the green energy tie-up signals management focus on operational efficiency going forward.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 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
PBT
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
27.5
12.41
12.22
15.74
14.19
10.32
11.86
16.86
19.15
23.62
28.96
36.18
41.48
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
PBT
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
Div. Payout %
29%
25%
23%
27%
26%
13%
21%
21%
16%
27%
12%
12%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
1
76
92
169
90
157
237
75
-64
750
571
894
Investing
3
-53
-16
-136
-24
85
-237
-172
-656
-1,094
-511
-1,235
Financing
-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
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Shareholding Pattern

As of Mar 2026
DIIs 27.62%
Promoters 27.11%
FIIs 23.78%
Public 16.96%
Others 4.53%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Jul 2025Sep 2025Dec 2025Mar 2026
Promoters
30.22%
30.22%
30.20%
30.19%
29.70%
29.70%
29.40%
29.40%
28.81%
28.81%
28.81%
28.81%
28.81%
28.80%
28.44%
28.44%
28.44%
28.01%
27.14%
27.12%
27.11%
27.11%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
15.92%
15.57%
18.02%
18.23%
18.55%
20.16%
21.55%
21.98%
22.15%
23.74%
23.78%
DIIs
13.40%
12.44%
12.46%
13.13%
15.35%
17.67%
19.12%
23.78%
24.84%
25.97%
19.78%
28.92%
28.61%
27.41%
28.18%
28.46%
30.04%
28.71%
29.88%
29.57%
28.09%
27.62%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
23.58%
23.08%
23.17%
23.45%
23.19%
23.26%
22.04%
21.67%
21.08%
21.06%
20.24%
21.19%
22.00%
20.98%
20.17%
19.33%
16.96%
17.17%
16.59%
16.73%
16.65%
16.96%
Others
32.80%
34.26%
34.17%
33.23%
31.76%
29.36%
29.45%
25.15%
25.27%
24.17%
31.17%
5.16%
5.01%
4.79%
4.98%
5.22%
4.40%
4.57%
4.41%
4.43%
4.41%
4.53%
No. of Shareholders
1,25,924
1,39,517
1,58,932
1,63,375
1,73,418
1,67,777
1,60,394
1,53,733
1,50,596
1,49,581
1,47,191
1,72,816
1,82,759
1,71,968
1,65,231
1,59,041
1,39,007
1,38,398
1,38,522
1,37,981
1,37,798
1,43,987

Documents

1
Concall - Jul 2019 Jul 2019
2
Concall - Nov 2021 Nov 2021
3
Concall - Dec 2021 Dec 2021
4
Concall - Dec 2021 Dec 2021
5
Concall - Feb 2022 Feb 2022

Frequently Asked Questions about Navin Fluorine International Ltd

What does Navin Fluorine International Ltd do?
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]
Where is Navin Fluorine International Ltd (NAVINFLUOR) listed?
Navin Fluorine International Ltd is listed on the Indian stock exchanges. It is listed on NSE: NAVINFLUOR and BSE: 532504. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Navin Fluorine International Ltd belong to?
Navin Fluorine International Ltd operates in the Commodities sector within the Chemicals & Petrochemicals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Navin Fluorine International Ltd?
Navin Fluorine International Ltd has a market capitalisation of approximately ₹39212.95 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Navin Fluorine International Ltd?
The Price-to-Earnings (PE) ratio of Navin Fluorine International Ltd is 58.42. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Navin Fluorine International Ltd?
Over the past 52 weeks, Navin Fluorine International Ltd has traded between a low of ₹4,498.5 and a high of ₹7,714.5. This range helps investors understand the stock's price volatility and recent trading levels.
Does Navin Fluorine International Ltd pay dividends?
Yes, Navin Fluorine International Ltd has a dividend yield of 0.20%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Navin Fluorine International Ltd?
Navin Fluorine International Ltd has a Return on Equity (ROE) of 11.35%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Navin Fluorine International Ltd on Tapetide?
On Tapetide, you can view Navin Fluorine International Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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]

Website nfil.in
CEO Mr. Vishad Padmanabh Mafatlal
Listed 2007-06-01
Face Value ₹ 2
Issued Size 5,12,25,374

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