Navin Fluorine Intl

₹3242.2 20.8 | 0.6%

WEBSITE BSE:532504 NSE : NAVIN FLUORI 10 May, 16:01

Market Cap ₹16079 Cr.

Stock P/E 59.4

P/B 6.7

Current Price ₹3242.2

Book Value ₹ 480.5

Face Value 2

52W High ₹4922

Dividend Yield 0.46%

52W Low ₹ 2900.2

Edit Ratio

Navin Fluorine Intl Research see more...

Overview Inc. Year: 1998Industry: Chemicals

Navin Fluorine International Ltd is engaged in the chemicals commercial enterprise. The Company specializes in fluorine chemistry, generating refrigeration gases, some primary building block fluorides and speciality organofluorines. Its business devices includes refrigerants, which manufactures refrigerant gases under the Mafron logo; inorganic fluorides, which offers a portfolio of products which have programs in industries, along with chrome steel, glass, oil and gas, abrasives, electronics, pharma and agro, and distinctiveness chemical compounds, that is engaged in manufacturing of fluorine-based molecules for applications in pharmaceuticals, agrochemicals and petrochemicals industries. Its fundamental merchandise encompass hydrofluoric acid and other fluorine chemical substances, synthetic cryolite, aluminium fluoride and fluorocarbon gases. It offers settlement research and manufacturing offerings for custom chemical synthesis of fluorinated compounds for the prescription drugs, agro chemical compounds and speciality chemical compounds industries.

Navin Fluorine Intl Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Navin Fluorine Intl Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	379	409	398	419	564	697	491	472	502	602
Other Income	7	12	11	11	10	4	8	23	12	13
Total Income	386	421	408	430	574	701	499	495	514	614
Total Expenditure	280	315	298	325	408	495	377	373	426	492
Operating Profit	106	107	110	105	166	206	123	121	88	123
Interest	0	1	0	4	9	14	19	20	18	17
Depreciation	12	12	12	18	25	8	21	24	25	26
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	52	0
Profit Before Tax	94	94	97	83	131	184	82	77	97	79
Provision for Tax	25	19	23	25	25	48	20	17	19	9
Profit After Tax	69	75	74	58	107	136	62	61	78	70
Adjustments	0	-0	0	0	0	-0	0	0	0	-0
Profit After Adjustments	69	75	74	58	107	136	62	61	78	70
Adjusted Earnings Per Share	13.9	15.2	15	11.7	21.5	27.5	12.4	12.2	15.7	14.2

Navin Fluorine Intl Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	550	486	592	680	742	913	996	1062	1179	1453	2077	2067
Other Income	14	31	30	24	56	93	34	33	79	39	36	56
Total Income	564	517	621	704	797	1005	1030	1095	1258	1493	2113	2122
Total Expenditure	467	420	519	562	583	698	778	798	870	1099	1527	1668
Operating Profit	97	97	102	142	215	307	253	297	388	394	586	455
Interest	6	6	3	4	3	1	1	2	2	2	28	74
Depreciation	21	22	20	22	30	40	28	37	44	48	63	96
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	16	0	0	52
Profit Before Tax	70	69	78	116	182	266	224	258	358	344	496	335
Provision for Tax	26	15	20	32	45	84	77	-144	111	81	121	65
Profit After Tax	44	55	58	84	137	182	147	401	247	263	375	271
Adjustments	-1	11	-4	-0	-0	-3	2	7	10	-0	-0	0
Profit After Adjustments	43	66	55	84	137	180	149	409	258	263	375	271
Adjusted Earnings Per Share	8.9	13.5	11.2	17.1	27.9	36.4	30.2	82.6	52	53.1	75.7	54.5

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	43%	25%	18%	14%
Operating Profit CAGR	49%	25%	14%	20%
PAT CAGR	43%	-2%	16%	24%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-32%	0%	37%	45%
ROE Average	19%	17%	19%	16%
ROCE Average	21%	21%	21%	20%

Navin Fluorine Intl Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	504	555	588	645	835	983	1072	1412	1634	1844	2185
Minority's Interest	7	9	13	0	0	0	0	0	0	0	0
Borrowings	0	0	27	48	11	4	0	0	0	100	753
Other Non-Current Liabilities	280	269	254	280	270	249	251	408	348	355	460
Total Current Liabilities	158	197	225	264	375	390	426	177	367	554	704
Total Liabilities	950	1031	1107	1236	1491	1626	1750	1997	2348	2854	4103
Fixed Assets	291	288	274	375	503	370	374	474	486	503	1594
Other Non-Current Assets	380	347	461	447	426	513	566	746	502	1161	860
Total Current Assets	279	396	372	414	562	743	810	778	1360	1190	1647
Total Assets	950	1031	1107	1236	1491	1626	1750	1997	2348	2854	4103

Navin Fluorine Intl Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	15	28	27	10	14	24	18	16	177	132	76
Cash Flow from Operating Activities	73	73	1	76	92	169	90	157	237	75	-64
Cash Flow from Investing Activities	41	-26	3	-53	-16	-136	-24	85	-237	-172	-656
Cash Flow from Financing Activities	-100	-49	-21	-17	-67	-39	-68	-81	-45	42	658
Net Cash Inflow / Outflow	13	-1	-17	6	10	-6	-3	161	-45	-56	-61
Closing Cash & Cash Equivalent	28	27	10	16	24	18	16	177	132	76	14

Navin Fluorine Intl Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	8.89	13.47	11.17	17.07	27.91	36.43	30.15	82.58	52.02	53.09	75.72
CEPS(Rs)	13.3	15.68	16.04	21.66	34.09	45.04	35.38	88.6	58.83	62.76	88.36
DPS(Rs)	3	3.2	3.2	4.2	6.3	10	7.8	11	11	11	12
Book NAV/Share(Rs)	103.34	113.83	120.32	131.89	170.15	198.89	216.43	284.87	329.61	371.93	437.4
Core EBITDA Margin(%)	14.15	12.68	11.47	16.25	20.26	23.23	21.92	24.82	26.22	24.41	26.49
EBIT Margin(%)	13.01	14.4	12.96	16.53	23.58	28.93	22.62	24.47	30.5	23.82	25.19
Pre Tax Margin(%)	11.96	13.34	12.43	16.01	23.24	28.8	22.53	24.29	30.34	23.69	23.87
PAT Margin (%)	7.54	10.51	9.25	11.57	17.49	19.72	14.8	37.81	20.95	18.1	18.06
Cash Profit Margin (%)	11.1	14.7	12.44	14.68	21.31	24.02	17.57	41.29	24.69	21.4	21.08
ROA(%)	4.59	5.52	5.45	7.13	10.04	11.71	8.74	21.42	11.37	10.11	10.79
ROE(%)	8.98	10.32	10.19	13.54	18.53	20.11	14.37	32.37	16.25	15.14	18.71
ROCE(%)	13.11	12.48	12.93	17.35	23.37	28.94	21.73	20.87	23.58	19.31	21.01
Receivable days	43.96	57.79	60.96	68.37	67.15	57.82	60.16	67.26	77.77	80.59	80.75
Inventory Days	51.82	50.12	41.05	38.32	43.87	44.69	41.37	46.38	52.34	54.99	63.75
Payable days	67.39	88.93	94.65	108.36	104.15	84.23	68.18	68.13	73.45	73.36	82.13
PER(x)	4.8	5.16	14.98	19.83	21.81	21.16	23.59	14.83	52.86	76.89	56.33
Price/Book(x)	0.41	0.61	1.39	2.57	3.58	3.88	3.29	4.3	8.34	10.98	9.75
Dividend Yield(%)	7.03	4.61	1.91	1.24	1.03	1.3	1.1	0.9	0.4	0.27	0.28
EV/Net Sales(x)	0.47	0.74	1.44	2.51	3.99	4.14	3.5	5.45	11.08	13.92	10.57
EV/Core EBITDA(x)	2.69	3.7	8.36	12.05	13.77	12.29	13.78	19.48	33.66	51.36	37.45
Net Sales Growth(%)	-24.1	-11.6	21.65	14.9	9.1	23.09	9.12	6.59	11.1	23.23	42.94
EBIT Growth(%)	-75.26	-1.45	8.84	46.26	54.78	44.92	-15.86	15.35	38.43	-3.76	51.21
PAT Growth(%)	-79.51	24	6.5	43.39	64.01	33.22	-19.19	172.21	-38.45	6.49	42.61
EPS Growth(%)	-80.06	51.48	-17.07	52.76	63.52	30.56	-17.24	173.89	-37	2.05	42.62
Debt/Equity(x)	0.17	0.1	0.1	0.13	0.02	0.01	0	0	0	0.06	0.39
Current Ratio(x)	1.77	2.01	1.65	1.57	1.5	1.91	1.9	4.39	3.7	2.15	2.34
Quick Ratio(x)	1.28	1.67	1.31	1.28	1.2	1.62	1.64	3.5	3.21	1.68	1.67
Interest Cover(x)	12.42	13.56	24.48	31.58	68.48	224.36	272.39	129.62	195.47	182.17	19.02
Total Debt/Mcap(x)	0.4	0.17	0.07	0.05	0.01	0	0	0	0	0.01	0.04

Navin Fluorine Intl Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	30.19	29.7	29.7	29.4	29.4	28.81	28.81	28.81	28.81	28.81
FII	25.25	23.51	21.42	20.07	19.19	19.58	18.5	19.2	15.92	15.57
DII	15.97	18.27	20.79	22.67	23.78	24.84	25.96	26.01	28.92	28.6
Public	28.58	28.51	28.09	27.87	27.63	26.78	26.73	25.98	26.35	27.02
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	1.5	1.47	1.47	1.46	1.46	1.43	1.43	1.43	1.43	1.43
FII	1.25	1.17	1.06	0.99	0.95	0.97	0.92	0.95	0.79	0.77
DII	0.79	0.91	1.03	1.12	1.18	1.23	1.29	1.29	1.43	1.42
Public	1.42	1.41	1.39	1.38	1.37	1.33	1.32	1.29	1.31	1.34
Others	0	0	0	0	0	0	0	0	0	0
Total	4.95	4.96	4.96	4.96	4.96	4.96	4.96	4.96	4.96	4.96

Pros

Company is almost debt free.

Cons

Promoter holding is low: 28.81%.
Debtor days have increased from 73.36 to 82.13days.
Stock is trading at 6.7 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.