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Navin Fluorine International Ltd
Chemicals
₹ 5,189.60 +40.80 (0.79%)
₹ 5,189.60 +40.80 (0.79%)
- NSE
- BSE
Overview
- BSE Code 532504
- NSE Symbol NAVINFLUOR
- ISIN Demat INE048G01026
- Book Value (₹) 659.44
- Face Value (₹) 2.00
- Market Cap (₹ Cr.) 24,915.47
- P/E (TTM) 86.33
- EPS (TTM) 56.37
- Div Yield (%) 0.14
Performance
Today’s Low 5,065.00
Today’s High 5,245.00
52W Low 3,160.40
52W High 5,245.00
Open 5,150.00
Prev. Close 5,148.80
Volume 66,154.00
Corporate Actions
Navin Fluorine International Limited - Disclosure under SEBI Takeover Regulations
Apr 15, 2025Vishad P Mafatlal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Navin Fluorine International Limited - Updates
Apr 15, 2025Navin Fluorine International Limited has informed the Exchange regarding 'Intimation to shareholders holding shares in physical mode for updating valid PAN, KYC and nomination details'.
About Navin Fluorine International Ltd
History
Navin Fluorine International Ltd. was listed in September 2003. In 1967, the company established the first Integrated Fluorochemicals complex in South East Asia (excluding Japan) to produce HF, refrigerant gases, and a range of inorganic fluorides at Surat. In 1978, the company set up a facility at Dewas to produce Alkylated Anilines. In 1999, the company commenced the manufacturing of organic and inorganic Specialty Fluoride at Surat. In 2000, the Surat plant also started producing the Fluorobenzene and Benzotrifluoride series. In the following year, they set up the first large-scale plant in South East Asia for the production of Boron Trifluoride Gas at Surat. They also commissioned a Trifluoroethanol plant in 2005 and a CDM plant in 2007. In 2008, the Navin Research Innovation Centre (NRIC) was inaugurated in Surat. In 2011, a CGMP plant was commissioned in Dewas. In 2016, the company formed an agreement with Honeywell to work on the latest generation of refrigerant gas, named HFO-1234yf. In FY 2021, the company commissioned a new plant for fluorine-related Contract Research and Manufacturing Services (CRAMS). In 2022-23, the High-Performance Products (HPP) business commenced plant operations at Dahej Unit. The Specialty Chemicals business also commenced its operations at the Dahej Unit to supply certain fluorine-based agri-intermediates.Business Segments
The company primarily has 3 business verticals:- Specialty Chemicals Business- This vertical is further divided into the Crop Science and Performance Material sectors. It brought in ₹743 crore of revenue, i.e. 36% of the total revenue in FY 2022-23.
- CDMO (Contract Development and Manufacturing Organisation) Business- This vertical offers pharmaceutical products to major pharma companies trying to outsource clinical and commercial products. This segment brought in 21% of the total revenue in FY 2022-23.
- High-Performance Products Business- This involves the production of a wide variety of chemicals such as Hydrofluoroolefins (HFO), inorganic fluorides such as ammonium bi-fluoride, potassium fluoride, sodium fluoride, etc. This segment brought in 43% of the organization’s revenue in FY 2022-23.
- Manchester Organics Limited (MOL)- Navin Fluorine owns 100% of this specialized chemicals research organization in Runcorn, U.K.
- Navin Fluorine (Shanghai) Co. Ltd.- It is a wholly owned foreign enterprise incorporated in order to have a strategic presence closer to the source of key raw materials for the organization’s specialty and CDMO enterprise.
- Navin Fluorine Advanced Sciences Limited (NFASL)- Assets capitalised in NFASL include capitalisation for plant supplying HFOs to Honeywell, and specialty chemical plants to supply fluorine-based agr-intermediates.
Key Personnel
Mr. Radhesh R. Welling, Managing Director Shri Radhesh Welling has worked for over 22 years in various roles, ranging from innovation to sales and marketing as well as Corporate Strategy. This includes experience across multiple geographies. In his previous role, he was the CEO and Executive Director of Laxmi Organic Industries Ltd., a specialty chemicals company. Before that, he had worked with J.M. Huber Corporation for 8 years, mostly out of their headquarters in Atlanta, USA.Corporate Actions
The company conducted the following corporate actions: Stock Split The company split its stock from the face value of ₹10 to ₹2 per share with a record date of July 20, 2017. Mergers and Acquisitions- In 2011, the organization completed the acquisition of Manchester Organics Limited, UK.
- In 2019, a 100% subsidiary, NFIL (UK) Ltd was formed in the UK in order to acquire the balance shareholding of 49% from the shareholders of Manchester Organics Ltd.
| Founded | : 1998 |
| Chairman | : V P Mafatlal |
| Managing Director | : Nitin G. Kulkarni |
| Address | : 2nd Floor Suntek Centre, 37/40 Subhash Rd Vile Parle(E), Mumbai, Maharashtra, 400057, |
| HO Tel | : 91-022-40083636 |
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