Price Target Changed • Aug 12
Price target increased by 7.2% to ₹8,068 Up from ₹7,522, the current price target is an average from 29 analysts. New target price is approximately in line with last closing price of ₹8,357. Stock is up 70% over the past year. The company is forecast to post earnings per share of ₹172 for next year compared to ₹131 last year. Announcement • Aug 06
Navin Fluorine International Limited Approves Final Dividend for the Financial Year 2025-26 Navin Fluorine International Limited, at the AGM held on August 06, 2026 approved final dividend of INR 8.60 per Equity Share of face value of INR 2/- each for the financial year 2025-26. Board Change • Jul 23
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Kartikeya Dube was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 19
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: ₹131 (up from ₹58.20 in FY 2025). Revenue: ₹33.1b (up 41% from FY 2025). Net income: ₹6.64b (up 130% from FY 2025). Profit margin: 20% (up from 12% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year. Announcement • Jun 23
Navin Fluorine International Limited to Report Q1, 2027 Results on Aug 05, 2026 Navin Fluorine International Limited announced that they will report Q1, 2027 results on Aug 05, 2026 Upcoming Dividend • Jun 05
Upcoming dividend of ₹8.60 per share Eligible shareholders must have bought the stock before 12 June 2026. Payment date: 05 September 2026. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.8%). Reported Earnings • May 01
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: ₹131 (up from ₹58.20 in FY 2025). Revenue: ₹33.8b (up 44% from FY 2025). Net income: ₹6.64b (up 130% from FY 2025). Profit margin: 20% (up from 12% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Announcement • Apr 30
Navin Fluorine International Limited, Annual General Meeting, Aug 06, 2026 Navin Fluorine International Limited, Annual General Meeting, Aug 06, 2026. Announcement • Apr 29
Navin Fluorine International Limited Recommends Final Dividend for the Financial Year 2025-2026, Payable on August 13, 2026 Navin Fluorine International Limited Board of Directors has recommended final dividend of INR 8.60/- per equity share of the face value of INR 2/- each (i.e. 430% of the face value) for the financial year 2025-2026 subject To Approve the Members of the Company at the forthcoming 28 Annual General Meeting to be held on August 06, 2026. As per Regulation 42 of SEBI Listing Regulations, June 12, 2026 is fixed as Record Date for ascertaining eligibility for the payment of final dividend for the financial year 2025-2026, if declared. On declaration, the final dividend will be paid on or after, August 13, 2026. Announcement • Mar 26
Navin Fluorine International Limited to Report Fiscal Year 2026 Results on Apr 29, 2026 Navin Fluorine International Limited announced that they will report fiscal year 2026 results on Apr 29, 2026 Reported Earnings • Feb 10
Third quarter 2026 earnings: EPS and revenues exceed analyst expectations Third quarter 2026 results: EPS: ₹36.18 (up from ₹16.86 in 3Q 2025). Revenue: ₹9.08b (up 50% from 3Q 2025). Net income: ₹1.85b (up 122% from 3Q 2025). Profit margin: 20% (up from 14% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Feb 10
Price target increased by 9.9% to ₹6,458 Up from ₹5,878, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹6,598. Stock is up 62% over the past year. The company is forecast to post earnings per share of ₹123 for next year compared to ₹58.20 last year. Announcement • Dec 23
Navin Fluorine International Limited to Report Q3, 2026 Results on Feb 09, 2026 Navin Fluorine International Limited announced that they will report Q3, 2026 results on Feb 09, 2026 Board Change • Dec 10
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Kartikeya Dube was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹6,081, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹2,628 per share. Price Target Changed • Nov 03
Price target increased by 8.3% to ₹5,570 Up from ₹5,143, the current price target is an average from 27 analysts. New target price is approximately in line with last closing price of ₹5,687. Stock is up 71% over the past year. The company is forecast to post earnings per share of ₹109 for next year compared to ₹58.20 last year. Reported Earnings • Nov 01
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: ₹58.08 (up from ₹11.86 in 2Q 2025). Revenue: ₹7.77b (up 50% from 2Q 2025). Net income: ₹1.48b (up 152% from 2Q 2025). Profit margin: 19% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) also surpassed analyst estimates by 45%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Announcement • Sep 23
Navin Fluorine International Limited to Report Q2, 2026 Results on Oct 30, 2025 Navin Fluorine International Limited announced that they will report Q2, 2026 results on Oct 30, 2025 Announcement • Jul 13
Navin Fluorine International Limited has completed a Follow-on Equity Offering in the amount of INR 7.5 billion. Navin Fluorine International Limited has completed a Follow-on Equity Offering in the amount of INR 7.5 billion.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,602,564
Price\Range: INR 4680
Transaction Features: Regulation S; Subsequent Direct Listing Reported Earnings • Jul 10
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₹58.20 (up from ₹54.57 in FY 2024). Revenue: ₹23.5b (up 14% from FY 2024). Net income: ₹2.89b (up 6.7% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Jul 08
Navin Fluorine International Limited has filed a Follow-on Equity Offering. Navin Fluorine International Limited has filed a Follow-on Equity Offering.
Security Name: Equity Shares
Security Type: Common Stock
Price(minimum): INR 4798.28
Transaction Features: Regulation S; Subsequent Direct Listing Upcoming Dividend • Jun 27
Upcoming dividend of ₹7.00 per share Eligible shareholders must have bought the stock before 04 July 2025. Payment date: 30 August 2025. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.7%). Announcement • Jun 25
Navin Fluorine International Limited to Report Q1, 2026 Results on Jul 30, 2025 Navin Fluorine International Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Price Target Changed • May 16
Price target increased by 7.2% to ₹4,568 Up from ₹4,263, the current price target is an average from 27 analysts. New target price is 7.7% above last closing price of ₹4,242. Stock is up 24% over the past year. The company is forecast to post earnings per share of ₹87.89 for next year compared to ₹58.20 last year. Announcement • May 12
Navin Fluorine International Limited, Annual General Meeting, Jul 31, 2025 Navin Fluorine International Limited, Annual General Meeting, Jul 31, 2025. Declared Dividend • May 12
Final dividend of ₹7.00 announced Dividend of ₹7.00 is the same as last year. Ex-date: 4th July 2025 Payment date: 30th August 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (23% earnings payout ratio) but not covered by cash flows (dividend approximately 14x free cash flows). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 11
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₹58.20 (up from ₹54.57 in FY 2024). Revenue: ₹23.9b (up 16% from FY 2024). Net income: ₹2.89b (up 6.7% from FY 2024). Profit margin: 12% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Mar 25
Navin Fluorine International Limited to Report Fiscal Year 2025 Results on May 09, 2025 Navin Fluorine International Limited announced that they will report fiscal year 2025 results on May 09, 2025 Recent Insider Transactions • Feb 08
Insider recently sold ₹4.2m worth of stock On the 4th of February, Piyushkumar Vashi sold around 1k shares on-market at roughly ₹4,183 per share. This transaction amounted to 10.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹645m more than they bought in the last 12 months. Buy Or Sell Opportunity • Feb 04
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to ₹4,206. The fair value is estimated to be ₹3,496, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 58% in 2 years. Earnings are forecast to grow by 103% in the next 2 years. Price Target Changed • Jan 31
Price target increased by 9.4% to ₹4,087 Up from ₹3,736, the current price target is an average from 27 analysts. New target price is approximately in line with last closing price of ₹4,149. Stock is up 25% over the past year. The company is forecast to post earnings per share of ₹59.70 for next year compared to ₹54.57 last year. Reported Earnings • Jan 31
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: ₹16.86 (up from ₹15.74 in 3Q 2024). Revenue: ₹6.17b (up 23% from 3Q 2024). Net income: ₹836.0m (up 7.2% from 3Q 2024). Profit margin: 14% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹3,825, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 29x in the Chemicals industry in India. Total loss to shareholders of 7.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹2,233 per share. Announcement • Jan 02
Navin Fluorine International Limited Appoints Rajesh Jain as Chief Supply Chain Officer, with Effect from January 02, 2025 Navin Fluorine International Limited announced that Mr. Rajesh Jain has been appointed as Chief Supply Chain Officer of the Company with effect from January 02, 2025. Mr. Jain has over three decades of rich experience in supply chain management, operations, and strategic sourcing of agrochemicals and specialty chemicals. He is adept in developing supply chain strategies, optimizing costs, and building strong vendor relationships. He has led several transformative initiatives, including Digital Procurement, Supply Chain transformation and efficiency improvement, Process Re-engineering and has hands on experience on building high performance teams. He joins the Company from PI Industries Limited where he worked for 30 years and significantly contributed to the organization's growth through his leadership in SCM. He is an MBA in Materials Management from Indian Institute of Materials Management, Bengaluru. He holds Master's degree in Science from ML Sukhadia University, Udaipur and has also completed Senior Leadership program from Indian Institute of Management, Calcutta. Announcement • Dec 23
Navin Fluorine International Limited to Report Q3, 2025 Results on Jan 30, 2025 Navin Fluorine International Limited announced that they will report Q3, 2025 results on Jan 30, 2025 Announcement • Dec 13
Navin Fluorine International Limited Announces Executive Resignations, Effective from the Close of Business Hours of February 10, 2025 Navin Fluorine International Limited announced that Mr. Amrit Singh, CEO- Specialty Business, has tendered his resignation from the services of the Company effective from the close of business hours of February 10, 2025 to pursue interests outside the Company. Mr. R. Janakiraman, Chief Supply Chain Officer, has tendered his resignation from the services of the Company effective from the close of business hours of December 31, 2024 to pursue interests outside the Company. The Company will induct in due course, a senior professional for the post of Chief Supply Chain Officer. Recent Insider Transactions • Nov 06
Insider recently sold ₹17m worth of stock On the 29th of October, Amrit Singh sold around 5k shares on-market at roughly ₹3,349 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹586m. Insiders have been net sellers, collectively disposing of ₹638m more than they bought in the last 12 months. Reported Earnings • Oct 24
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: ₹11.86 (down from ₹12.22 in 2Q 2024). Revenue: ₹5.30b (up 12% from 2Q 2024). Net income: ₹588.2m (down 2.9% from 2Q 2024). Profit margin: 11% (down from 13% in 2Q 2024). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 6.3%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Announcement • Oct 23
Navin Fluorine International Limited Approves Interim Dividend for the Financial Year 2024-2025, Payable on or After November 21, 2024 The Board of Directors of Navin Fluorine International Limited at its Meeting held on October 23, 2024, has declared an interim dividend of 5/- (INR five only) per equity share of the face value of 2/- each for the financial year 2024-2025 and has fixed November 07, 2024 as Record Date. The Interim Dividend shall be paid on or after November 21, 2024. Announcement • Sep 24
Navin Fluorine International Limited to Report Q2, 2025 Results on Oct 23, 2024 Navin Fluorine International Limited announced that they will report Q2, 2025 results on Oct 23, 2024 Recent Insider Transactions • Sep 04
Executive Chairman of the Board recently sold ₹586m worth of stock On the 28th of August, Vishad Mafatlal sold around 178k shares on-market at roughly ₹3,295 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Vishad's only on-market trade for the last 12 months. Announcement • Aug 02
Navin Fluorine International Limited Declares Final Dividend for the Financial Year 2023-2024 Navin Fluorine International Limited at its AGM held on August 01, 2024 declared final dividend of INR 7 per Equity Share for the financial year 2023-24. Board Change • Jul 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Non-Independent Director Sunil Lalbhai was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 11
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₹54.57 (down from ₹75.71 in FY 2023). Revenue: ₹20.7b (flat on FY 2023). Net income: ₹2.71b (down 28% from FY 2023). Profit margin: 13% (down from 18% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jun 26
Navin Fluorine International Limited to Report Q1, 2025 Results on Jul 30, 2024 Navin Fluorine International Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Recent Insider Transactions • Jun 19
Chief Executive Officer of SPECIALTY recently sold ₹35m worth of stock On the 12th of June, Amrit Singh sold around 10k shares on-market at roughly ₹3,459 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹38m more than they bought in the last 12 months. Declared Dividend • May 09
Final dividend of ₹7.00 announced Shareholders will receive a dividend of ₹7.00. Ex-date: 5th July 2024 Payment date: 31st August 2024 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but not covered by cash flows (340% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 09
Navin Fluorine International Limited, Annual General Meeting, Aug 01, 2024 Navin Fluorine International Limited, Annual General Meeting, Aug 01, 2024. Agenda: To consider the recommendation of final dividend of INR 7 per equity share of the face value of INR 2/- each (i.e. 350% of the face value) for the financial year 2023-2024; to consider the re-appointment of Mohan M. Nambiar, Non-Executive Non-Independent Director of the Company, who retires by rotation; and to consider other matters. Reported Earnings • May 08
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₹54.57 (down from ₹75.71 in FY 2023). Revenue: ₹21.2b (up 2.1% from FY 2023). Net income: ₹2.71b (down 28% from FY 2023). Profit margin: 13% (down from 18% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • May 08
Navin Fluorine International Limited Recommends Final Dividend for the Financial Year 2023-2024, Payable on or After August 07, 2024 Board of Directors of Navin Fluorine International Limited have, inter alia, taken the following decisions at their Meeting held on May 07, 2024, recommended final dividend of INR 7/- per equity share of the face value of INR 2/- each (i.e. 350% of the face value) for the financial year 2023-2024, subject To Approve the Members of the Company at the forthcoming 26th Annual General Meeting to be held on August 01, 2024. As per Regulation 42 of SEBI Listing Regulations, July 05, 2024 is fixed as Record Date for ascertaining eligibility for the payment of final dividend for the financial year 2023-2024, if declared. On declaration, the final dividend will be paid on or after August 07, 2024. Announcement • Mar 21
Navin Fluorine International Limited to Report Fiscal Year 2024 Results on May 07, 2024 Navin Fluorine International Limited announced that they will report fiscal year 2024 results on May 07, 2024 Announcement • Mar 01
Navin Fluorine International Limited Announces Change in Management Navin Fluorine International Limited announced the resignation of Mr. Deepak Naik, Senior Vice President - HSE & Head - Sustainability with effect from close of business hours of January 15, 2024. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Mr. Sandeep Mandot has been appointed as Vice President - Corporate Head - HSE & Sustainability with effect from March 01, 2024. Consequent to the appointment of Mr. Mandot, Mr. Gyanchand Jain, who had, in the interim, assumed additional responsibilities of HSE and Sustainability, shall ensure smooth handover and transition to Mr. Mandot. Mr. Jain will continue as President - Strategy. Mr. Mandot holds B.E. in Chemical Engineering from Karnataka Regional Engineering College and P.G. Diploma in Industrial Environmental Technology and Management and P.G. Diploma in Industrial Safety from Technical Board, Ankleshwar. He has over 26 years of rich experience in the field of EHS and sustainability compliance and reporting, having worked with companies like PI Industries Limited, Wockhardt Limited and Jubilant Organosys Limited. His last role was as Lead EHS, PI Industries Limited. Price Target Changed • Feb 07
Price target decreased by 9.8% to ₹3,542 Down from ₹3,926, the current price target is an average from 21 analysts. New target price is 15% above last closing price of ₹3,093. Stock is down 26% over the past year. The company is forecast to post earnings per share of ₹48.03 for next year compared to ₹75.70 last year. Reported Earnings • Feb 07
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: ₹15.74 (down from ₹21.50 in 3Q 2023). Revenue: ₹5.14b (down 8.8% from 3Q 2023). Net income: ₹780.2m (down 27% from 3Q 2023). Profit margin: 15% (down from 19% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 59%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Announcement • Jan 05
Navin Fluorine International Limited Announces Management Changes Navin Fluorine International Limited announced that Mr. Deepak Naik, Senior Vice President - HSE & Head - Sustainability of the Company, has tendered his resignation from the services of the Company with effect from the close of business hours of January 15, 2024 due to personal reasons. Mr. Gyanchand Jain, who is currently designated as President - Strategy, will assume additional responsibilities for HSE and Sustainability until a suitable senior professional is identified for the position, search for which has been initiated. Mr. Jain is a chemical engineer with Post Graduate Diploma in Management. He has deep knowledge and rich experience of more than 38 years in petrochemicals, polymers, specialty and bulk chemicals having worked with companies like Reliance Industries, J.K. Synthetics, Finolex Industries and Indorama. Mr. Jain has previously handled the Company's Surat unit operations for 11 years as President Operations where he was also responsible for HSE and Sustainability. Additionally, he also played a key role in embedding the HSE function at the Company's Dewas unit; and Dahej unit under the Company's subsidiary - Navin Fluorine Advanced Sciences Limited. Announcement • Dec 27
Navin Fluorine International Limited to Report Q3, 2024 Results on Feb 06, 2024 Navin Fluorine International Limited announced that they will report Q3, 2024 results on Feb 06, 2024 Upcoming Dividend • Nov 03
Upcoming dividend of ₹8.00 per share at 0.3% yield Eligible shareholders must have bought the stock before 10 November 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.9%). Reported Earnings • Nov 01
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: ₹12.22 (up from ₹11.67 in 2Q 2023). Revenue: ₹4.95b (up 18% from 2Q 2023). Net income: ₹605.8m (up 4.8% from 2Q 2023). Profit margin: 12% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Sep 29
Navin Fluorine International Limited Announces Resignation of Radhesh R. Welling as Director Navin Fluorine International Limited announced that Mr. Radhesh R. Welling (DIN: 07279004) has tendered his resignation as the Director on the Board of the Company for personal reasons. His resignation was accepted by the Board of Directors at its Meeting held on September 28, 2023. Mr. Welling will be relieved from the services of the Company effective from the close of business hours on December 15, 2023. He shall continue to serve the Company to facilitate a smooth transition. Mr. Vishad P. Mafatlal, Executive Chairman, shall steer the operations of the Company and will be ably assisted by the leadership team. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹3,767, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 26x in the Chemicals industry in India. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹2,137 per share. Announcement • Sep 29
Navin Fluorine International Limited Announces Resignation of Radhesh R. Welling as the Managing Director Navin Fluorine International Limited announced that Mr. Radhesh R. Welling (DIN: 07279004) has tendered his resignation as the Managing Director of the Company for personal reasons. His resignation was accepted by the Board of Directors at its Meeting held on September 28, 2023. Mr. Welling will be relieved from the services of the Company effective from the close of business hours on December 15, 2023. He shall continue to serve the Company to facilitate a smooth transition. The Company will induct a senior professional to head the organization as Managing Director in due course of time. Mr. Vishad P. Mafatlal, Executive Chairman, shall steer the operations of the Company and will be ably assisted by the leadership team. Announcement • Sep 27
Navin Fluorine International Limited to Report Q2, 2024 Results on Oct 31, 2023 Navin Fluorine International Limited announced that they will report Q2, 2024 results on Oct 31, 2023 
