Navin Fluorine reports strong Q1 FY26 performance, revenue jumps 38%

Navin Fluorine International Limited reported a strong financial performance for Q1 FY26, with consolidated net revenue from operations reaching Rs. 725.40 Crs, a 38.52% year-on-year increase. Operating EBITDA surged by 106.07% to Rs. 206.79 Crs, with the operating EBITDA margin expanding to 28.51%, a 935 basis points increase year-on-year. Profit before tax also saw a substantial rise of 143.28% to Rs. 141.20 Crs, and profit after tax grew by 128.85% to Rs. 117.17 Crs.

Revenue growth was notable across all business verticals, with high performance products (HPP) increasing by 45% year-on-year to Rs. 407 Crs. The company commercialized its R32 plant in March 2025, operating at optimum utilization, and anticipates commissioning an AHF capex project worth Rs. 450 Crs by the end of Q2 FY26. The specialty chemicals segment grew by 35% to Rs. 219 Crs, with new molecule supplies expected in Q2 FY26 and a strategic partnership with Chemours. The CDMO segment reported a 23% year-on-year revenue increase to Rs. 99 Crs, supported by robust order books and an encouraging European CDMO MSA for expanded applications.

The company is committed to sustainability, with initiatives such as increasing solar electricity capacity, water recycling, and tree plantation across its Surat, Dewas, and Dahej facilities. Total R&D spend in FY25 amounted to Rs. 54.69 Crs, emphasizing its dedication to innovation and diverse fluorochemical solutions.