Navin Fluorine International Ltd, a leading player in fluorine chemistry, was established in 1967 and is part of the Padmanabh Mafatlal Group. Headquartered in Mumbai, Maharashtra, the company has a robust manufacturing presence, operating facilities in Surat, Gujarat, Dewas, Madhya Pradesh, and an additional site at Dahej, Gujarat. Navin Fluorine specializes in producing refrigeration gases, inorganic fluorides, specialty organofluorines, and over 50 fluorinated compounds developed through extensive expertise. Additionally, the company offers Contract Research and Manufacturing Services (CRAMS) for custom chemical syntheses, catering to a diverse clientele, including Fortune 500 companies. Renowned for its focus on innovation, quality, safety, and environmental sustainability, Navin Fluorine plays a pivotal role in delivering advanced fluorochemicals that meet global industry standards across multiple sectors.
Navin Fluorine International Ltd. is embarking on a significant expansion to double its production capacity for R32, a key refrigerant gas, from 4,500 tons to 9,000 tons. This ambitious project is set to be completed by February 2025 and reflects the company’s commitment to meeting growing market demand. The increased capacity is expected to bolster Navin Fluorine’s profitability, solidifying its position as a leader in the fluorochemicals sector while catering to the rising global need for eco-friendly refrigerants. This expansion underscores the company’s focus on growth and its strategic vision for long-term sustainability.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 28.80% | 28.80% | 28.80% | 28.80% | 28.43% |
| FIIs + | 19.20% | 15.92% | 15.57% | 18.02% | 18.23% |
| DIIs + | 26.01% | 28.92% | 28.60% | 27.29% | 28.18% |
| Public + | 25.98% | 26.34% | 27.00% | 25.89% | 25.15% |
| No. of Shareholders | 1,47,191 | 1,72,816 | 1,82,759 | 1,71,968 | 1,65,231 |
The shareholding pattern of Navin Fluorine International Ltd has shown stability and slight variations across key stakeholder categories between September 2023 and September 2024. Promoters maintained a consistent holding of 28.80% until June 2024, which marginally declined to 28.43% by September 2024. Foreign Institutional Investors (FIIs) experienced fluctuations, with their stake decreasing from 19.20% in September 2023 to 15.57% by March 2024, before recovering to 18.23% by September 2024. Domestic Institutional Investors (DIIs) displayed a strengthening position, with their share rising from 26.01% in September 2023 to 28.18% by September 2024. Public holdings remained stable, with minor variations, decreasing from 25.98% in September 2023 to 25.15% by September 2024.
The number of shareholders in Navin Fluorine International grew from 1,47,191 in September 2023 to a peak of 1,82,759 in March 2024, followed by a decline to 1,65,231 by September 2024, reflecting changes in investor interest over the period.
Below are the trading platforms that you can use to purchase Navin Fluorine International shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| January 2025 | 3,827.99 | 2,944.61 |
| February 2025 | 3,866.66 | 2,974.35 |
| March 2025 | 3,947.86 | 3,036.81 |
| April 2025 | 3,908.77 | 3,006.74 |
| May 2025 | 3,794.92 | 2,919.17 |
| June 2025 | 3,965.69 | 3,050.53 |
| July 2025 | 3,887.93 | 2,990.72 |
| August 2025 | 4,008.18 | 3,083.21 |
| September 2025 | 4,056.28 | 3,120.21 |
| October 2025 | 4,161.74 | 3,201.34 |
| November 2025 | 4,265.78 | 3,281.37 |
| December 2025 | 4,457.74 | 3,429.03 |
As we progress through 2025, the share prices of Navin Fluorine International are expected to demonstrate a steady upward trend. Starting in January with a maximum of ₹3,827.99 and a minimum of ₹2,944.61, prices are projected to rise steadily, reaching ₹4,008.18 and ₹3,083.21 by August. By December, the prices are anticipated to peak, with a maximum of ₹4,457.74 and a minimum of ₹3,429.03.
| When | Maximum Price | Minimum Price |
| January 2026 | 4,591.48 | 3,531.90 |
| February 2026 | 4,476.69 | 3,443.61 |
| March 2026 | 4,566.22 | 3,512.48 |
| April 2026 | 4,659.41 | 3,584.16 |
| May 2026 | 4,613.28 | 3,548.68 |
| June 2026 | 4,728.61 | 3,637.39 |
| July 2026 | 4,635.89 | 3,566.07 |
| August 2026 | 4,779.27 | 3,676.36 |
| September 2026 | 4,874.86 | 3,749.89 |
| October 2026 | 5,001.60 | 3,847.39 |
| November 2026 | 5,126.64 | 3,943.57 |
| December 2026 | 5,254.81 | 4,042.16 |
As we move through 2026, the share prices of Navin Fluorine International are projected to exhibit consistent growth. In January, the maximum price is expected to reach ₹4,591.48, with a minimum of ₹3,531.90. This upward momentum is forecasted to continue, with prices climbing to ₹4,779.27 and ₹3,676.36 by August. By December, the year is anticipated to close strongly, with a maximum price of ₹5,254.81 and a minimum of ₹4,042.16.
| When | Maximum Price | Minimum Price |
| January 2027 | 5,307.36 | 4,082.58 |
| February 2027 | 5,443.44 | 4,187.26 |
| March 2027 | 5,655.74 | 4,350.57 |
| April 2027 | 5,544.84 | 4,265.26 |
| May 2027 | 5,383.34 | 4,141.03 |
| June 2027 | 5,625.59 | 4,327.38 |
| July 2027 | 5,515.28 | 4,242.53 |
| August 2027 | 5,685.86 | 4,373.74 |
| September 2027 | 5,884.86 | 4,526.82 |
| October 2027 | 6,037.87 | 4,644.52 |
| November 2027 | 6,188.82 | 4,760.63 |
| December 2027 | 6,343.54 | 4,879.64 |
| When | Maximum Price | Minimum Price |
| January 2028 | 6,470.41 | 4,977.24 |
| February 2028 | 6,636.32 | 5,104.86 |
| March 2028 | 6,895.13 | 5,303.95 |
| April 2028 | 6,759.93 | 5,199.95 |
| May 2028 | 6,563.04 | 5,048.49 |
| June 2028 | 6,858.38 | 5,275.68 |
| July 2028 | 6,723.90 | 5,172.23 |
| August 2028 | 6,931.86 | 5,332.20 |
| September 2028 | 7,174.47 | 5,518.83 |
| October 2028 | 7,361.01 | 5,662.31 |
| November 2028 | 7,545.03 | 5,803.87 |
| December 2028 | 7,733.66 | 5,948.97 |
| When | Maximum Price | Minimum Price |
| January 2029 | 7,888.33 | 6,067.95 |
| February 2029 | 8,090.60 | 6,223.54 |
| March 2029 | 8,406.13 | 6,466.26 |
| April 2029 | 8,241.31 | 6,339.47 |
| May 2029 | 8,001.27 | 6,154.82 |
| June 2029 | 8,361.32 | 6,431.79 |
| July 2029 | 8,197.38 | 6,305.67 |
| August 2029 | 8,450.90 | 6,500.70 |
| September 2029 | 8,746.69 | 6,728.22 |
| October 2029 | 8,974.10 | 6,903.15 |
| November 2029 | 9,198.45 | 7,075.73 |
| December 2029 | 9,428.41 | 7,252.63 |
| When | Maximum Price | Minimum Price |
| January 2030 | 9,616.98 | 7,397.68 |
| February 2030 | 9,863.57 | 7,587.36 |
| March 2030 | 10,248.25 | 7,883.27 |
| April 2030 | 10,047.30 | 7,728.70 |
| May 2030 | 9,754.66 | 7,503.59 |
| June 2030 | 10,193.62 | 7,841.25 |
| July 2030 | 9,993.75 | 7,687.50 |
| August 2030 | 10,302.83 | 7,925.26 |
| September 2030 | 10,663.43 | 8,202.64 |
| October 2030 | 10,940.68 | 8,415.91 |
| November 2030 | 11,214.20 | 8,626.31 |
| December 2030 | 11,494.56 | 8,841.97 |
As we step into 2030, the share prices of Navin Fluorine International are expected to demonstrate impressive growth throughout the year. In January, the maximum price is projected to reach ₹9,616.98, with a minimum of ₹7,397.68. This upward trajectory is anticipated to continue steadily, with prices climbing to ₹10,302.83 and ₹7,925.26 by August. As we step toward the close of the year in December, the prices are forecasted to peak at ₹11,494.56, with a minimum of ₹8,841.97.
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 1,062 | 1,179 | 1,453 | 2,077 | 2,065 | 2,144 |
| Expenses + | 794 | 870 | 1,098 | 1,527 | 1,666 | 1,751 |
| Operating Profit | 268 | 309 | 356 | 550 | 399 | 393 |
| OPM % | 25% | 26% | 24% | 26% | 19% | 18% |
| Other Income + | 29 | 94 | 38 | 36 | 107 | 98 |
| Interest | 2 | 2 | 2 | 28 | 75 | 65 |
| Depreciation | 37 | 44 | 48 | 63 | 96 | 105 |
| Profit before tax | 258 | 358 | 344 | 496 | 336 | 322 |
| Tax % | -56% | 31% | 24% | 24% | 19% | |
| Net Profit + | 409 | 258 | 263 | 375 | 270 | 258 |
| EPS in Rs | 82.57 | 52.02 | 53.09 | 75.68 | 54.56 | 52.11 |
| Dividend Payout % | 13% | 21% | 21% | 16% | 27% |
The financial performance of Navin Fluorine International over the years highlights its evolving business dynamics and profitability trends. From March 2020 to the trailing twelve months (TTM), the company’s sales have grown significantly from ₹1,062 crore to ₹2,144 crore, reflecting a consistent expansion in its revenue base. Despite this growth, operating margins (OPM%) have witnessed fluctuations, peaking at 26% in March 2021 and 2023 but moderating to 18% in the TTM period due to rising expenses.
Other income has contributed positively, with ₹107 crore recorded in March 2024, though interest costs have increased from ₹2 crore in earlier years to ₹65 crore in the TTM, impacting profitability. Depreciation expenses have also risen, reaching ₹105 crore in the TTM, signaling ongoing investments in asset development.
Net profit showed a high of ₹409 crore in March 2020, driven by favorable tax adjustments, but moderated to ₹258 crore in the TTM. Earnings per share (EPS) have followed a similar trend, declining from ₹82.57 in March 2020 to ₹52.11 in the TTM. Meanwhile, the dividend payout percentage has risen from 13% in March 2020 to 27% in March 2024, reflecting a commitment to shareholder returns despite financial challenges.
FAQS
Navin Fluorine International holds a market capitalization of ₹18,224 crore.
Navin Fluorine International is expected to reach ₹4,457.74 by the end of 2025.
Navin Fluorine International is projected to trade in a range between ₹7,397.68 to ₹11,494.56 in 2030.
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In conclusion, Navin Fluorine International Ltd. has established itself as a key player in the fluorochemicals industry, showcasing robust growth and a commitment to innovation. With expanding production capacities, such as the R32 refrigerant project, and a strong focus on sustainability, the company is well-positioned for long-term success. Its financial performance reflects significant revenue growth, though profitability metrics have faced pressure from increasing expenses and interest costs. The company’s shareholding patterns remain stable, with a diverse investor base and consistent promoter holdings. Future share price projections indicate a positive trajectory, driven by market demand and strategic initiatives, making Navin Fluorine International a promising entity in the fluorine chemistry domain.
What did we learn?
- 1 Latest News on Navin Fluorine International
- 2 Shareholdings Patterns of Navin Fluorine International
- 3 How to Purchases Navin Fluorine International Shares?
- 4 Navin Fluorine International Share Price Target: 2025 to 2030
- 4.1 Navin Fluorine International Share Price Target 2025
- 4.2 Navin Fluorine International Share Price Target 2026
- 4.3 Navin Fluorine International Share Price Prediction 2027
- 4.4 Navin Fluorine International Share Price Target 2028
- 4.5 Navin Fluorine International Share Price Prediction 2029
- 4.6 Navin Fluorine International Share Price Target 2030
- 5 Navin Fluorine International Condition
- 6 FAQS
- 7 Should one invest in Navin Fluorine International?
