Stallion India Fluorochemicals Ltd
Incorporated in 2002, Stallion India Fluorochemicals Limited is engaged in selling Refrigerant and Industrial Gases and related products.[1]
- Market Cap ₹ 1,361 Cr.
- Current Price ₹ 117
- High / Low ₹ 361 / 51.1
- Stock P/E 29.5
- Book Value ₹ 27.4
- Dividend Yield 0.00 %
- ROCE 19.7 %
- ROE 15.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -20.1%
- Working capital days have increased from 134 days to 193 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Industrial Gases
Part of BSE Allcap BSE Commodities
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 118 | 186 | 226 | 233 | 377 | 472 | |
| 104 | 153 | 208 | 209 | 330 | 410 | |
| Operating Profit | 14 | 33 | 18 | 24 | 48 | 62 |
| OPM % | 12% | 18% | 8% | 10% | 13% | 13% |
| 1 | 0 | -2 | 3 | 2 | 2 | |
| Interest | 0 | 1 | 1 | 4 | 6 | 2 |
| Depreciation | 1 | 2 | 2 | 1 | 1 | 1 |
| Profit before tax | 13 | 30 | 13 | 22 | 42 | 61 |
| Tax % | 27% | 30% | 25% | 28% | 24% | |
| 10 | 21 | 10 | 15 | 32 | 46 | |
| EPS in Rs | 5.50 | 11.79 | 1.21 | 1.72 | 2.78 | 3.97 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| TTM: | 62% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | 109% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 86% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 16% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 55 | 61 | 79 | 79 |
| Reserves | 28 | 49 | 16 | 64 | 222 | 239 |
| 10 | 2 | 18 | 65 | 2 | 1 | |
| 104 | 35 | 37 | 9 | 30 | 34 | |
| Total Liabilities | 153 | 98 | 126 | 200 | 334 | 353 |
| 19 | 18 | 13 | 14 | 17 | 21 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 5 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 134 | 80 | 113 | 186 | 316 | 328 | |
| Total Assets | 153 | 98 | 126 | 200 | 334 | 353 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -8 | 8 | -3 | -73 | -13 | |
| -2 | -1 | -13 | 12 | -20 | |
| 12 | -8 | 16 | 76 | 76 | |
| Net Cash Flow | 2 | -1 | -1 | 15 | 43 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 282 | 56 | 69 | 111 | 102 |
| Inventory Days | 128 | 113 | 80 | 178 | 128 |
| Days Payable | 394 | 76 | 46 | 7 | 27 |
| Cash Conversion Cycle | 16 | 93 | 103 | 282 | 203 |
| Working Capital Days | 57 | 82 | 62 | 147 | 193 |
| ROCE % | 55% | 22% | 18% | 20% |
Insights
In beta| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Feb 2026 | |
|---|---|---|---|---|---|---|---|
| Customer Base Count |
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| Total Processed/Production Volume Metric Tons (MT) |
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| Consolidated Capacity Utilization % |
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| Installed Processing Capacity (Consolidated) Metric Tons (MT) |
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| Market Share (India) % |
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| Number of Operational Facilities Count |
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| Product Portfolio (Gases including Blends) Count |
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| Proposed R-32 Manufacturing Facility Capacity (Bhilwara) MTPA |
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| Upcoming Liquid Helium Processing Capacity MTPA |
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Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 7 Mar
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Mar
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Announcement under Regulation 30 (LODR)-Allotment
2 Mar - Allotment of 36,760,483 rights shares at Rs.99; paid-up shares 11,60,85,737; record date 11 Feb 2026.
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Board Meeting Outcome for Approval Of Allotment Of Shares W.R.T. Rights Issue Of The Company
2 Mar - Allotment of 36,760,483 rights shares at Rs.99 each (19:41 ratio); record date Feb 11, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
23 Feb - RIICO allotment for 53,369 sqm plot; total 122,543 sqm contiguous land; ₹200 crore HFO plant planned start 2027.
Concalls
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Feb 2026Transcript PPT
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Feb 2026TranscriptAI SummaryPPT REC
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Oct 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT REC
Business Overview[1]
Stallion India Fluorochemicals Limited specializes in manufacturing and distributing refrigerants and specialty gases. With nearly two decades of expertise, the company blends Hydrofluorocarbons (HFCs) and Hydrofluoroolefins (HFOs) for applications across industries such as semiconductors, automotive, electronics, pharmaceuticals, fire extinguishment systems, and aerosol production.