|
30 Aug 2025 |
Navin Fluorine
|
Consensus Share Price Target
|
4687.50 |
5053.29 |
- |
7.80 |
hold
|
|
|
|
|
24 Oct 2024
|
Navin Fluorine
|
IDBI Capital
|
4687.50
|
3780.00
|
3411.50
(37.40%)
|
Target met |
Hold
|
|
|
|
|
24 Oct 2024
|
Navin Fluorine
|
Axis Direct
|
4687.50
|
3570.00
|
3411.50
(37.40%)
|
Target met |
Hold
|
|
|
We upgrade the stock to HOLD from SELL rating as we roll over the estimates to FY27 which factors in the expected growth from ongoing expansion initiatives.
|
|
23 Oct 2024
|
Navin Fluorine
|
Motilal Oswal
|
4687.50
|
3240.00
|
3307.45
(41.73%)
|
Target met |
Neutral
|
|
|
Navin Fluorine International (NFIL)’s EBITDA/ PAT in 2QFY25 came in at 6%/12% higher than our estimates due to the strong YoY performance in HPP and CDMO segments.
|
|
29 Sep 2024
|
Navin Fluorine
|
Emkay
|
4687.50
|
3500.00
|
3429.25
(36.69%)
|
Target met |
Sell
|
|
|
We visited Navin Fluorine’s plant based in Dewas, Madhya Pradesh which caters to its CDMO business vertical. The company manufacture pharma intermediates for commercialized (50-60%) and last-stage molecules.
|
|
31 Jul 2024
|
Navin Fluorine
|
Axis Direct
|
4687.50
|
3135.00
|
3800.95
(23.32%)
|
|
Sell
|
|
|
We downgrade to SELL from HOLD rating on the stock to factor in the near-term headwinds and recent surge in stock price.
|
|
31 Jul 2024
|
Navin Fluorine
|
IDBI Capital
|
4687.50
|
3780.00
|
3800.95
(23.32%)
|
Target met |
Hold
|
|
|
|
|
30 Jul 2024
|
Navin Fluorine
|
Emkay
|
4687.50
|
3400.00
|
3771.15
(24.30%)
|
Target met |
Sell
|
|
|
NFIL’s Q1 revenue was up 14% YoY at Rs5.2bn (-13% QoQ), owing to volume recovery in the HFO plant (YoY) and higher volumes/pricing-in the ref gas business.
|
|
08 May 2024
|
Navin Fluorine
|
Axis Direct
|
4687.50
|
3080.00
|
3411.40
(37.41%)
|
Target met |
Hold
|
|
|
We maintain our hold rating on the stock to factor in the difficult macros and continued uncertainty across the leadership position.
|
|
08 May 2024
|
Navin Fluorine
|
IDBI Capital
|
4687.50
|
3210.00
|
3411.40
(37.41%)
|
Target met |
Hold
|
|
|
|
|
08 May 2024
|
Navin Fluorine
|
Motilal Oswal
|
4687.50
|
3110.00
|
3411.40
(37.41%)
|
Target met |
Neutral
|
|
|
Navin Fluorine’s (NFIL) EBITDA/PAT grew 13%/42% YoY in 4QFY24, higher than our estimates. The beat was driven by a strong performance in the Specialty Chemicals business, which was well supported by growth in the HPP segment. Gross margin was 50%, while EBITDA margin dipped 10.7pp YoY to 18.3%.
|
|
08 May 2024
|
Navin Fluorine
|
Emkay
|
4687.50
|
3000.00
|
3411.40
(37.41%)
|
Target met |
Sell
|
|
|
NFIL’s Q4 revenue was down 14% YoY at Rs6bn (+20% QoQ) owing to i) lower volumes in the HFO plant (YoY) and pricing pressure in the ref gas business; ii) deferral of sales for key molecules in the CDMO business to FY25 (vs. H2FY24).
|
|
08 May 2024
|
Navin Fluorine
|
Prabhudas Lilladhar
|
4687.50
|
3621.00
|
3411.40
(37.41%)
|
Target met |
Accumulate
|
|
|
|
|
23 Mar 2024
|
Navin Fluorine
|
Axis Direct
|
4687.50
|
3430.00
|
3092.95
(51.55%)
|
Target met |
Buy
|
|
|
We recommend a BUY on the stock for a target price of Rs 3,430/share, implying an upside of 11% from CMP.
|
|
07 Feb 2024
|
Navin Fluorine
|
Axis Direct
|
4687.50
|
3220.00
|
3093.20
(51.54%)
|
Target met |
Hold
|
|
|
Recommendation With a 3.7% upside from the CMP, we revise our rating on the stock from BUY to HOLD to factor in the difficult macros and continued uncertainty across the leadership position.
|
|
07 Feb 2024
|
Navin Fluorine
|
IDBI Capital
|
4687.50
|
3120.00
|
3093.20
(51.54%)
|
Target met |
Hold
|
|
|
|
|
02 Nov 2023
|
Navin Fluorine
|
Axis Direct
|
4687.50
|
3880.00
|
3477.05
(34.81%)
|
Target met |
Buy
|
|
|
With an 11% upside from the CMP, we maintain our BUY rating on the stock.
|
|
01 Nov 2023
|
Navin Fluorine
|
ICICI Securities Limited
|
4687.50
|
3270.00
|
3479.75
(34.71%)
|
Target met |
Hold
|
|
|
Navin Fluorine International (NFIL)’s Q2FY24 net profit rose 4.8% YoY to INR 606mn, despite commissioning of multiple projects, this was significantly below expectation. Margins were hurt by plant related issues, some delays in dispatches and general weakness in chemicals.
|
|
01 Nov 2023
|
Navin Fluorine
|
Motilal Oswal
|
4687.50
|
3460.00
|
3479.75
(34.71%)
|
Target met |
Neutral
|
|
|
|
|
01 Nov 2023
|
Navin Fluorine
|
Prabhudas Lilladhar
|
4687.50
|
4007.00
|
3479.75
(34.71%)
|
|
Buy
|
|
|
|
|
05 Oct 2023
|
Navin Fluorine
|
Motilal Oswal
|
4687.50
|
4245.00
|
3695.60
(26.84%)
|
|
Neutral
|
|
|
|