Navin Fluorine declares dividend, boosts Q2 sales and EBITDA, expands capacity

Navin Fluorine International Limited reported a 46% year-on-year increase in Q2 FY26 consolidated sales to ₹758.4 Crores and a 129% rise in operating EBITDA. H1 FY26 saw consolidated sales of ₹1,483.8 Crores and operating EBITDA of ₹453.0 Crores, marking increases of 42% and 118% year-on-year, respectively. The company's board declared an interim dividend of ₹6.50 per equity share for FY 2025-2026, with November 7, 2025, as the record date.

Strategic capital expenditures include ₹236.50 Crores for additional HFC capacity at its Surat unit, expected by Q3 FY27 with a revenue potential of ₹600-825 Crores per annum. An additional ₹75 Crores is approved for debottlenecking the Multi Purpose Plant at Dahej by its subsidiary, Navin Fluorine Advanced Sciences Limited, also targeted for Q3 FY27, with a revenue potential of ₹140-160 Crores per annum. Both projects will be funded through internal accruals.

The company's QIP issue of ₹750 Crores showed no deviation or variation in the utilization of proceeds. Cash and cash equivalents stood at ₹49.18 Crores for consolidated results and ₹30.88 Crores for standalone results as of September 30, 2025.