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 ₹ 1,704 Cr.
- Current Price ₹ 215
- High / Low ₹ 424 / 59.9
- Stock P/E 38.0
- Book Value ₹ 40.1
- 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
- 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 SmallCap BSE IPO 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 | 453 | |
| 104 | 153 | 208 | 209 | 330 | 390 | |
| Operating Profit | 14 | 33 | 18 | 24 | 48 | 63 |
| OPM % | 12% | 18% | 8% | 10% | 13% | 14% |
| 1 | 0 | -2 | 3 | 2 | 2 | |
| Interest | 0 | 1 | 1 | 4 | 6 | 4 |
| Depreciation | 1 | 2 | 2 | 1 | 1 | 1 |
| Profit before tax | 13 | 30 | 13 | 22 | 42 | 60 |
| Tax % | 27% | 30% | 25% | 28% | 24% | |
| 10 | 21 | 10 | 15 | 32 | 45 | |
| EPS in Rs | 8.04 | 17.23 | 1.77 | 2.52 | 4.08 | 6.01 |
| 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: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 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% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended 31st December, 2025.
- Closure of Trading Window 29 Dec
-
Receipt Of Environmental Clearance (EC) For The 10,000 MT R32 Manufacturing Plant Of Stallion India Fluorochemicals Limited At Bhilwara , Rajasthan.
29 Dec - SEIAA Rajasthan granted EC (28-Dec-2025) for 10,000 MTpa R-32 plant, HCl byproduct 46,460 MTpa at Bhilwara.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Nov 2025 - Reaffirms FY26 revenue growth 30–35%; Bhilwara R-32 plant commercial by July 2026; ₹500 crore expected.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov 2025 - MA Q2 report: Rs.3.99cr excess issue expenses; total Rs.7.70cr deviation from Rs.160.73cr IPO.
Concalls
-
Oct 2025Transcript PPT REC
-
Aug 2025Transcript PPT
-
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.