| Revenue growth | Q2 +57% YoY, +14% QoQ |
|---|---|
| Margins | Q2 EBITDA margin 34.2%, +176 bps YoY, +5 bps QoQ |
| Order book | Solstice HFO contract extended 4 years; ~$180M added potential |
| Demand visibility | Strong order visibility in H2 and beyond (Specialty) |
Growth
HPP Rs 604 Cr (+49%), Specialty Rs 348 Cr (+58%), CDMO Rs 239 Cr (+78%); H1 revenue +51%.
Outlook
Chemours project by Q3 FY27; HFC R32 capacity commissioning shortly; Phase II cGMP capex Rs 125 Cr by Q4 FY27.
Risks
Q2 gross margin down 186 bps YoY; H1 working capital outflow Rs 184 Cr; receivables rose to Rs 889 Cr.
Last quarter's promises, checked
Partly delivered
- HFC R32 15,000 MTPA commissioning by Q3 FY27 → 'shortly', not confirmed (= PARTIAL)
- Phase II cGMP capex Rs 125 Cr operational by Q4 FY27 → no status update (= PARTIAL)
- Advanced materials Rs 90 Cr capacity completion by Q2 FY28 → listed as launch, completion unverified (= PARTIAL)
Missed
- Chemours project completion by end Q2 FY27 → now Q3 FY27 (= MISS)
Investor Presentation filed with NSE, NSE: NAVINFLUOR. Summary written with AI assistance from the document.
Navin Fluorine International Ltd: key numbers
- Share price
- ₹8,505.00
- Market cap
- ₹43,658 Cr
- Revenue (annual)
- ₹3,314 Cr
- Net profit (annual)
- ₹663.5 Cr
- P/E (TTM)
- 55.3×Sector 34.1×
- Promoter holding
- 27.08%+0.00% QoQ
- FII holding
- 23.38%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Navin Fluorine International Ltd
All →Navin Fluorine International Dividend
Navin Fluorine declared ₹8 per share interim dividend for FY 27. Record date is November 5, 2026; payment on or after November 26, 2026.
Navin Fluorine International Q2 FY27 Results: Net Profit ₹269.2 Cr, Up 81.4% YoY
Navin Fluorine International Ltd reported revenue from operations of ₹1,191 Cr (+57.0% YoY) and net profit of ₹269.2 Cr (+81.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹269.2 Cr · +81.4% YoY
Navin Fluorine International Order Update: ₹1,710 Cr
Navin Fluorine's subsidiary NFASL amended its $410M Honeywell/Solstice HFO contract, extending tenure to December 2032. Additional revenue potential is about $180M, taking total contract value to about $590M.
- Value
- ₹1,710 Cr
- From
- Solstice Advanced Materials US, Inc. (assignee of Honeywell International Inc.)
- Execution
- Extended to December 2032 (total 11 years)
Navin Fluorine International Employee Stock Options
Navin Fluorine allotted 23,500 equity shares to employees on exercise of options under its ESOP Scheme 2017. No cash consideration or transaction value is stated in the filing.
Navin Fluorine International Other Announcement
Navin Fluorine International Ltd has filed its quarterly shareholding pattern for the quarter ended September 30, 2026, in compliance with Regulation 31(1)(b) of the Listing Regulations.
Navin Fluorine International Production Started
Navin Fluorine's subsidiary, NFASL, has commenced commercial production at its debottlenecked Multi-Purpose Plant at the Dahej site. No new financial value is reported in this update.