Navin Fluorine International Limited
Navin Fluorine International is one of the largest integrated fluorochemicals complex in India. The Company primarily focuses on fluorine chemistry - producing refrigeration gases, inorganic fluorides, specialty organofluorines and offers Contract Research and Manufacturing Services.(Source : 202003 Annual Report Page No: 109)
- Market Cap ₹ 12,598 Cr.
- Current Price ₹ 2,545
- High / Low ₹ 2,850 / 977
- Stock P/E 27.7
- Book Value ₹ 307
- Dividend Yield 0.43 %
- ROCE 20.4 %
- ROE 32.7 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 53.07% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 22.22%
Cons
- Stock is trading at 8.28 times its book value
- Tax rate seems low
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
256 | 253 | 234 | 253 | 252 | 273 | 260 | 277 | 215 | 319 | 309 | |
192 | 203 | 182 | 201 | 190 | 205 | 195 | 208 | 161 | 228 | 229 | |
Operating Profit | 64 | 51 | 52 | 52 | 61 | 68 | 65 | 69 | 54 | 91 | 80 |
OPM % | 25% | 20% | 22% | 20% | 24% | 25% | 25% | 25% | 25% | 28% | 26% |
Other Income | 4 | 8 | 11 | 11 | 7 | 9 | 12 | 6 | 36 | 10 | 10 |
Interest | 0 | -0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
Depreciation | 7 | 7 | 7 | 7 | 8 | 9 | 9 | 11 | 11 | 11 | 11 |
Profit before tax | 60 | 52 | 56 | 56 | 59 | 68 | 67 | 63 | 79 | 89 | 79 |
Tax % | 33% | 34% | 31% | 40% | 33% | 32% | 33% | -330% | 33% | 28% | 29% |
Net Profit | 38 | 37 | 39 | 35 | 43 | 47 | 45 | 273 | 56 | 68 | 59 |
EPS in Rs | 7.70 | 7.54 | 7.81 | 7.11 | 8.72 | 9.57 | 9.18 | 55.11 | 11.32 | 13.70 | 11.90 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
420 | 429 | 431 | 725 | 550 | 486 | 592 | 680 | 742 | 913 | 996 | 1,062 | 1,120 | |
325 | 293 | 310 | 466 | 467 | 420 | 519 | 562 | 583 | 693 | 778 | 798 | 826 | |
Operating Profit | 96 | 137 | 120 | 259 | 83 | 66 | 72 | 117 | 159 | 220 | 218 | 263 | 294 |
OPM % | 23% | 32% | 28% | 36% | 15% | 14% | 12% | 17% | 21% | 24% | 22% | 25% | 26% |
Other Income | -3 | 8 | 3 | 68 | 14 | 31 | 30 | 24 | 56 | 88 | 34 | 33 | 61 |
Interest | 9 | 2 | 4 | 4 | 6 | 6 | 3 | 4 | 3 | 1 | 1 | 2 | 2 |
Depreciation | 13 | 11 | 14 | 19 | 21 | 22 | 20 | 22 | 30 | 40 | 28 | 37 | 44 |
Profit before tax | 71 | 130 | 106 | 304 | 70 | 69 | 78 | 116 | 182 | 266 | 224 | 258 | 310 |
Tax % | 39% | 37% | 33% | 29% | 37% | 21% | 26% | 28% | 25% | 32% | 34% | -56% | |
Net Profit | 43 | 82 | 71 | 218 | 43 | 66 | 55 | 84 | 137 | 180 | 149 | 409 | 455 |
EPS in Rs | 8.61 | 16.33 | 14.62 | 44.59 | 8.89 | 13.47 | 11.18 | 17.08 | 27.88 | 36.43 | 30.15 | 82.57 | 92.03 |
Dividend Payout % | 23% | 17% | 21% | 34% | 34% | 24% | 29% | 25% | 23% | 27% | 26% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 12% |
3 Years: | 13% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 53% |
3 Years: | 46% |
TTM: | 166% |
Stock Price CAGR | |
---|---|
10 Years: | 48% |
5 Years: | 56% |
3 Years: | 47% |
1 Year: | 78% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 21% |
3 Years: | 23% |
Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |
Reserves | 218 | 288 | 329 | 468 | 494 | 546 | 578 | 636 | 825 | 974 | 1,063 | 1,402 | 1,512 |
Borrowings | 53 | 11 | 49 | 95 | 84 | 58 | 61 | 82 | 19 | 13 | 4 | 23 | 2 |
148 | 157 | 133 | 192 | 138 | 166 | 203 | 228 | 324 | 259 | 231 | 194 | 223 | |
Total Liabilities | 428 | 466 | 520 | 764 | 726 | 779 | 852 | 955 | 1,177 | 1,256 | 1,307 | 1,629 | 1,747 |
178 | 182 | 203 | 299 | 291 | 288 | 274 | 375 | 561 | 428 | 430 | 529 | 523 | |
CWIP | 26 | 26 | 32 | 5 | 9 | 6 | 60 | 20 | 17 | 20 | 39 | 39 | 62 |
Investments | 8 | 1 | 48 | 159 | 201 | 230 | 171 | 170 | 239 | 428 | 427 | 195 | 151 |
216 | 257 | 238 | 301 | 225 | 255 | 346 | 390 | 360 | 380 | 410 | 866 | 1,011 | |
Total Assets | 428 | 466 | 520 | 764 | 726 | 779 | 852 | 955 | 1,177 | 1,256 | 1,307 | 1,629 | 1,747 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
79 | 134 | 74 | 136 | 73 | 74 | 1 | 76 | 92 | 169 | 90 | 157 | |
-30 | -17 | -100 | -154 | 41 | -26 | 3 | -53 | -16 | -136 | -24 | 85 | |
-56 | -53 | -34 | 26 | -100 | -49 | -21 | -17 | -67 | -39 | -68 | -81 | |
Net Cash Flow | -8 | 64 | -61 | 8 | 13 | -1 | -17 | 6 | 10 | -6 | -3 | 161 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 31% | 45% | 34% | 66% | 13% | 11% | 11% | 17% | 22% | 29% | 21% | 20% |
Debtor Days | 53 | 33 | 49 | 33 | 49 | 68 | 74 | 81 | 68 | 62 | 63 | 75 |
Inventory Turnover | 3.64 | 3.18 | 3.90 | 4.02 | 3.64 | 3.68 | 4.68 | 4.65 | 3.70 | 3.80 | 4.46 | 3.75 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 17h
- Divestment Of Shareholding In Convergence Chemicals Pvt. Ltd. And Related Transactions 24 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Feb
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2 Feb
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 29 Jan
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse