Navin Fluorine reports strong H1 FY26 financial performance, robust growth across segments

Navin Fluorine International Limited announced its financial performance for Q2 and H1 FY26, showcasing significant year-over-year growth across key metrics. For Q2 FY26, sales rose by 46% to Rs. 758.4 Crs, while operating EBITDA surged by 129% to Rs. 246.2 Crs, with the operating EBITDA margin reaching 32.5%, an increase of 1176 bps. Operating PBT also saw a substantial increase of 173% to Rs. 179.3 Crs. The company’s revenue growth was particularly strong in its business verticals, with HPP up 38%, specialty chemicals up 39%, and CDMO experiencing a 98% increase year-over-year.

For the first half of FY26, sales grew 42% to Rs. 1483.8 Crs, and operating EBITDA climbed 118% to Rs. 453.0 Crs, achieving an operating EBITDA margin of 30.5%, a 1060 bps improvement. Operating PBT increased by 159% to Rs. 320.5 Crs. The company also announced significant Capex plans, including Rs. 236.5 Crs for additional HFC capacity and Rs. 75 Crs for de-bottlenecking MPP capacity at Dahej, both targeted for commissioning by Q3 FY27, with anticipated peak revenue potentials of ~ Rs. 600-825 Crs and ~ Rs. 140-160 Crs per annum, respectively.

Navin Fluorine continues to expand its R&D capabilities, with a total spend of Rs. 54.69 crores in FY25, supporting a robust pipeline for HPP, specialty, and CDMO businesses. The company highlights its strong commitment to ESG, evidenced by various environmental initiatives across its facilities in FY25, including increased renewable electricity usage and significant water recycling efforts.