Navin Fluorine International share price surged over 16% after the company announced its quarterly results, marking its strongest single-day gain since March 2020. The rally followed a strong operational performance, as the company reported a sharp year-on-year rise in revenue and a more than twofold increase in Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA). Operating margins also expanded significantly.
Navin Fluorine International reported a strong set of consolidated results for the quarter ended September 2025 (Q2 FY26), marked by significant growth across all key financial parameters.
The company’s net revenue from operations rose 46.26% year-on-year to ₹758.42 crore from ₹518.56 crore in Q2 FY25. Sequentially, revenue improved 4.55% from ₹725.40 crore in Q1 FY26. For the first half of FY26, total revenue stood at ₹1,483.82 crore, up 42.37% compared with ₹1,042.24 crore in the same period last year.
Operating performance showed a substantial improvement as operating EBITDA more than doubled year-on-year, increasing 129.32% to ₹246.17 crore compared with ₹107.35 crore in Q2 FY25. On a sequential basis, EBITDA grew 19.04% over ₹206.79 crore recorded in Q1 FY26. Consequently, the operating EBITDA margin expanded to 32.46% from 20.70% a year ago, representing an improvement of 1,176 basis points. The margin also improved 395 basis points quarter-on-quarter from 28.51% in Q1 FY26. For the first half, operating EBITDA rose 118.08% to ₹452.96 crore, with margins strengthening to 30.53% from 19.93% in the prior-year period.
Profitability improved sharply during the quarter, supported by higher volumes, a favourable product mix, and operating leverage benefits. Profit After Tax (PAT) for Q2 FY26 surged 152.24% year-on-year to ₹148.37 crore from ₹58.82 crore in Q2 FY25, while sequentially, it increased 26.63% from ₹117.17 crore in Q1 FY26. For the six-month period ended September 2025, PAT stood at ₹265.54 crore, up 141.36% compared with ₹110.02 crore in H1 FY25.
The Board of Directors declared an interim dividend of ₹6.50 per equity share for FY2025-26, representing 325% of the face value of ₹2 per share. The total payout amounts to approximately ₹33.30 crore on 5,12,30,624 equity shares. The record date for determining eligibility is November 7, 2025, and the payment will be made on or after November 27, 2025.
The Board approved a major capital expenditure project to set up additional hydrofluorocarbon (HFC) capacity at the Surat unit with an investment of ₹236.50 crore. The new facility will add capacity of up to 15,000 MTPA (R32 equivalent), compared to the existing 9,000 MTPA capacity currently operating at 95% utilization. The expansion is expected to be completed by the third quarter of FY2026-27 and will be financed through internal accruals. The move aims to cater to rising demand from both domestic and international markets.
Another key approval involves debottlenecking the Multi-Purpose Plant (MPP) facility at Dahej by the company’s wholly owned subsidiary, Navin Fluorine Advanced Sciences Limited, with an investment of ₹75 crore. This project, also expected to be completed by Q3 FY2026-27, is designed to enhance capacity for the production of a fluoro intermediate for a novel agrochemical product. The initiative will expand the company’s product portfolio and deepen its engagement with a global innovator.
During the quarter ended September 30, 2025, the company completed a Qualified Institutional Placement (QIP), raising approximately ₹750 crore. The Fundraising Committee approved the allotment of 16,02,564 equity shares on July 11, 2025, at an issue price of ₹4,680 per share, including a premium of ₹4,678 per share. The funds raised have been partially utilized, with the remaining proceeds temporarily invested as per the approved use of funds. Related expenses have been adjusted from the Securities Premium Account.
On Friday, Navin Fluorine share price traded 16% higher at ₹5,839, taking year-to-date gains in 2025 to over 75%. The stock marked its strongest single-day gain since March 2020. As of 11:08 am IST, the stock price was trading at ₹5,710 per share, up by 14.73%.
For android only