Navin Fluorine International Ltd.
Snapshot View

3573.20 +53.45 ▲1.5%

29 July 2021, 04:00:00 P.M.
Volume: 21,509

Overview View Details

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Website http://www.nfil.in
Financial Indicators
Market Cap 17,693.12 Cr.
Earnings per share (EPS) 51.99 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 68.73 Trailing Twelve Months Ending 2021-06
Industry PE 48.49 Trailing Twelve Months Ending 2021-06
Book Value / Share 340.79 Trailing Twelve Months Ending 2021-06
Price to Book Value 10.49 Calculated using Price: 3,573.20
Dividend Yield 0.31 Period Ending 2021-03
No. of Shares Subscribed 4.95 Cr. 49,516,165 Shares
FaceValue 2
Company Profile

Navin Fluorine International Limited (NFIL) belongs to a reputed industrial house of the Arvind Mafatlal Group. The company owns one of India’s largest integrated flurochemicals complexes. It produces a wide range of flurochemicals in the bulk and speciality segment. It is a public limited company, incorporated under the provisions of the Companies Act, 1956. Its shares are listed on the Bombay and National stock exchanges. The Company belongs to the Padmanabh Mafatlal Group, with a legacy of business operations since 1967, having one of the largest integrated fluorochemicals complex in India.

Business area of the company

The Company primarily focuses on fluorine chemistry - producing refrigeration gases, inorganic fluorides, specialty organofluorines and offers Contract Research and Manufacturing Services. Its manufacturing facilities are located at Surat in Gujarat and Dewas in Madhya Pradesh.

Business Units

Refrigeration: NFIL introduced refrigerants into India in 1967 by commissioning its manufacturing plant at Surat, Gujarat, Western India. It is backward integrated into the manufacture of critical intermediates namely sulphuric and hydrofluoric acid which are precursors to its Mafron brand of refrigerants. With over forty years of leadership in fluorine chemistry and refrigerant science, NFIL offers safe, high performance and high quality refrigerants for various refrigeration and air conditioning applications.

Inorganic Fluorides: NFIL set up an integrated fluorochemicals complex at Surat in 1967. It has one of the largest Anhydrous Hydrofluoric (AHF) and Aqueous Hydrofluoric acid manufacturing capacities in India. AHF is used for captive manufacture of various inorganic fluorides. NFIL has a long and rich experience in manufacturing various inorganic fluorides with capacity, flexibility and experienced work force. NFIL has the ability to develop products as per customer’s need. NFIL enjoys a respectable market share and excellent relationship with large global consumers of inorganic fluorides. Additional investments are planned to enhance capacities and widen the product range.

Specialty Fluorochemicals: The Company’s expertise, built through decades of experience in fluorine chemistry, coupled with state of art manufacturing infrastructure enables the company to produce a wide range of value added Specialty fluoro intermediates in large quantities in a safe and responsible manner.  NFIL has dedicated multipurpose plants (MPP) to process multi step products and intermediates which are high in the value chain. It has capabilities to handle complex chemistries and deliver high quality products in all forms. NFIL is one of the leading high quality producers of Boron trifluoride gas and it’s adducts.

CRAMS: NFIL is in the business of offering Contract Research and Manufacturing Services (CRAMS) for custom chemical syntheses of fluorinated compounds for the pharmaceuticals, agro chemicals and speciality chemicals industries.

Awards

2014-15:

  • During the year, the Company’s facility at Surat received various HSE awards and recognitions and letters of appreciation from the Government of Gujarat, National Safety Council, etc. The Company run several in-house HSE awareness programmes at all its locations.

2015-16:

  • The Surat plant of the Company has been awarded with the “Silver Trophy” and a certificate by National Safety Council of India for commendable Occupational Safety & Health performance. It is the only manufacturing unit in the catagory in Gujarat to get this award during 2015-16, which exemplifies the Company’s commitment towards safety.

2016-17:

  • During the year, the Company has been declared a Winner in the Category of “Operational Excellence in Safety” for its Responsible Care Initiatives in Distribution at the Manufacturing & Supply Chain Summit Awards 2017; which exemplifies the Company’s commitment towards safety.
  • The Surat & Dewas Plants of the Company have secured Certificates of Appreciation for Safety in Operations from the National Safety Council during the year.

2017-18:

  • NFIL wins accolades at the Indian Chemical Council Safety Awards

2018-19:

  • During the year, the Company has been conferred two awards by the Indian Chemical Council (ICC). One was the ICC award for “Excellence in Human Resource Management in Chemical Industry” for the year 2017 and the second was Certificate of Merit for the “Best Compliant Company for the Distribution Code under Responsible Care” for the year 2017. 
  • Apart from these, the Company also received the “CSR Excellence Award 2018” for Health and Sanitation in Gujarat CSR Summit - 2018.

2019-20:

  • During the year, the Company was awarded by ET NOW as “Emerging Company of the Year”.
  • It also received an award from the Indian Chemical Council (ICC) for “The Best Compliant Company for Emergency Response Code under Responsible Care” for the year 2018.

Milestones

  • 1967: Establishment of the First Integrated Fluorochemicals Complex in South East Asia (excluding Japan) to produce HF, refrigerant gases and a range of inorganic fluorides at Surat, Western India
  • 1969: Commencement of commercial production of refrigerant gases
  • 1978: Facility was set up at Dewas to produce Alkylated Anilines and Toluidine’s
  • 1982: Capacity expansion at Surat for Smelter Fluorides and AIF3
  • 1990: CFC 113 plant commissioned at Surat
  • 1999: Commencement of Organic and Inorganic Specialty Fluoride production at Surat
  • 2000: Commencement of Fluorobenzene and Benzotrifluoride series production at Surat
  • 2001: Set up first large scale plant in South East Asia for production of Boron Trifluoride Gas at Surat
  • 2003: Capacity expansion of Specialty Organic Fluorides at Surat
  • 2004: Commissioned Trifluoroacetic acid plant at Surat
  • 2005: Commissioned Trifluoroethanol plant at Surat
  • 2006: Capacity expansion of Boron Trifluoride Gas
  • 2007: Commissioned CDM plant at Surat
  • 2008: Inauguration of New R & D Centre – Navin Research Innovation Centre (NRIC) at Surat
  • 2009: Start-up of Pilot Plant for scale up of research and development molecules.
  • 2010: Established Multi-purpose plant and CRO at Surat
  • 2011: Capacity expansion of BF3 at Surat
  • 2011: Acquisition of Land at Dahej for further expansion
  • 2011: Acquisition of Manchester Organics Limited, UK
  • 2011: Commissioning of cGMP pilot plant at Dewas
  • 2013: Expansion of multi-purpose plant at Surat
  • 2015: CRAMS cGMP multi-purpose plant
  • 2017-18: Invested in R&D and capacity growth to address growing demand
  • 2018-19: Board approved the capex for creating additional cGMP capacity and associated infrastructure
  • 2019-20: The Company ventured into commercialisation of a number of molecules under evaluation and reported superior growth in existing products

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.52%
1 Week
-8.65%
1 Month
-3.83%
3 Month
+5.42%
6 Month
+56.24%
1 Year
+101.69%
2 Year
+518.58%
5 Year
+668.22%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 8.98 10.32 10.19 13.54 18.53 20.11 14.37 32.37 16.25
Return on Capital Employed (%) 13.11 12.48 12.93 17.35 23.37 28.94 21.73 20.87 23.58
Return on Assets (%) 4.59 5.52 5.45 7.13 10.04 11.71 8.74 21.42 11.82

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 504 555 588 645 835 983 1,072 1,412 1,634
Non Curr. Liab. 281 269 281 327 281 253 251 408 348
Curr. Liab. 158 197 225 264 375 390 426 177 202
Minority Int. 7 9 13 0
Equity & Liab. 950 1,031 1,107 1,236 1,491 1,626 1,750 1,997 2,183
Non Curr. Assets 670 635 735 822 929 883 940 1,219 989
Curr. Assets 279 396 372 414 562 743 810 778 1,195
Misc. Exp. not W/O
Total Assets 950 1,031 1,107 1,236 1,491 1,626 1,750 1,997 2,183

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 550 486 592 680 742 913 996 1,062 1,179
Other Income 14 31 30 24 56 93 34 33 79
Total Income 564 517 621 704 797 1,005 1,030 1,095 1,258
Total Expenditure -467 -420 -519 -562 -583 -698 -778 -798 -870
PBIDT 97 97 102 142 215 307 253 297 388
Interest -6 -6 -3 -4 -3 -1 -1 -2 -2
Depreciation -21 -22 -20 -22 -30 -40 -28 -37 -44
Taxation -26 -15 -20 -32 -45 -84 -77 144 -111
Exceptional Items 16
PAT 44 55 58 84 137 182 147 401 247

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 73 74 1 76 92 169 90 157 237
Cash Fr. Inv. 41 -26 3 -53 -16 -136 -24 85 -237
Cash Fr. Finan. -100 -49 -21 -17 -67 -39 -68 -81 -45
Net Change 13 -1 -17 6 10 -6 -3 161 -45
Cash & Cash Eqvt 28 27 10 16 24 18 16 177 132

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 31.03 31.03 31.03 30.51 30.51 30.51 30.51 30.22 30.22
Public 68.97 68.97 68.97 69.49 69.49 69.49 69.50 69.78 69.78
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 5.08 4.37 3.54 3.43 3.43 2.98 2.98 3.01 3.01

Announcements View Details

Tue, 27 Jul 2021
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Navin Fluorine International Ltd has informed BSE regarding the details of Voting results of AGM under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here
Tue, 27 Jul 2021
Newspaper Advertisement Of The Financial Results For The Quarter Ended June 30 2021
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find attached herewith the published newspaper advertisement of the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30 2021.

This intimation is also being made available on the Companys website at: https://www.nfil.in/investor/comp_announce.html

Kindly take this intimation on your record.
Mon, 26 Jul 2021
Outcome Of Board Meeting - July 26 2021
Outcome of Board Meeting - July 26 2021

Technical Scans View Details

Thu, 29 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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