Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 23 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Navin Fluorine International Ltd

About the Company - Navin Fluorine International Ltd

Navin Fluorine International Ltd. is a Public Limited Listed company incorporated on 25/06/1998 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24110MH1998PLC115499 and registration number is 115499. Currently company belongs to the Industry of Chemicals - Others. Company’s Total Operating Revenue is Rs. 1403.61 Cr. and Equity Capital is Rs. 9.91 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - OthersOffice No. 602, 6th floor, Natraj by, Rustomjee, Mumbai Maharashtra 400069info@nfil.in
http://www.nfil.in
Management
NamePosition Held
Mr. Vishad P MafatlalChairman
Mr. Radhesh R WellingManaging Director
Mr. Ashok U SinhaDirector
Ms. Mohan M NambiarDirector
Mr. Pradip N KapadiaDirector
Mr. Sunil S LalbhaiDirector
Mr. Sudhir G MankadDirector
Mr. Harish H EngineerDirector
Mrs. Radhika V HaribhaktiDirector
Mr. Atul K SrivastavaDirector
Mr. Sujal A ShahDirector
Mr. Apurva S PurohitDirector

Navin Fluorine International Ltd. Share Price Update

Share PriceValue
Today₹3,073.90
Previous Day₹3,072.70

Basic Stock Data of Navin Fluorine International Ltd

Market Cap 15,736 Cr.
Current Price 3,174
High / Low4,950/3,001
Stock P/E53.4
Book Value 457
Dividend Yield0.22 %
ROCE20.4 %
ROE18.2 %
Face Value 2.00

Data Source: screener.in

Competitors of Navin Fluorine International Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
SRF Ltd 70,899 Cr. 2,3922,637/2,04048.0 3660.30 %22.4 %22.8 % 10.0
Tamil Nadu Petro Products Ltd 912 Cr. 101114/68.414.7 93.61.48 %15.1 %11.8 % 10.0
Shree Pushkar Chemicals & Fertilizers Ltd 603 Cr. 191242/14016.4 1440.78 %11.6 %8.91 % 10.0
Hindcon Chemicals Ltd 302 Cr. 59.069.7/15.352.5 9.070.17 %14.3 %10.6 % 2.00
Andhra Sugars Ltd 1,532 Cr. 113129/100.018.6 1141.78 %16.0 %12.6 % 2.00
Industry Average377.6 Cr93.230.04145.330.9%15.88%13.34%6.8

Navin Fluorine International Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales309336327339379409398419564697491472502
Expenses230252249255280315298325408495377373426
Operating Profit79847884999499941562021149876
OPM %26%25%24%25%26%23%25%22%28%29%23%21%15%
Other Income1139910712111110482364
Interest01000104914192018
Depreciation1112121212121218258212425
Profit before tax79111748294949783131184827797
Tax %29%34%25%23%26%20%24%30%19%26%25%22%20%
Net Profit5975566369757458107136626178
EPS in Rs11.9015.1111.2912.7713.8815.1715.0211.6721.5027.5012.4112.2215.74

Navin Fluorine International Ltd Quarterly Chart

Navin Fluorine International Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales7255504865926807429139961,0621,1791,4532,0772,224
Expenses4664674205195615826937777948701,0981,5271,654
Operating Profit259836672118159220219268309356550570
OPM %36%15%14%12%17%21%24%22%25%26%24%26%26%
Other Income68143129235588342994383645
Interest466343112222863
Depreciation19212220223040283744486378
Profit before tax304706978116182266224258358344496474
Tax %29%37%21%26%28%25%32%34%-56%31%24%24%
Net Profit21844685884137180149409258263375365
EPS in Rs44.598.8913.4711.1817.0827.8836.4330.1582.5752.0253.0975.6873.63
Dividend Payout %34%34%24%29%25%23%27%26%13%21%21%16%

Navin Fluorine International Ltd Profit & Loss Yearly Chart

Navin Fluorine International Ltd Growth

Compounded Sales Growth
10 Years:14%
5 Years:18%
3 Years:25%
TTM:21%
Compounded Profit Growth
10 Years:24%
5 Years:15%
3 Years:-3%
TTM:-6%
Stock Price CAGR
10 Years:50%
5 Years:39%
3 Years:7%
1 Year:-26%
Return on Equity
10 Years:18%
5 Years:19%
3 Years:17%
Last Year:18%

Navin Fluorine International Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10101010101010101010101010
Reserves4684945465786368259741,0631,4021,6241,8342,1752,256
Borrowings9584586182191341251218611,259
Other Liabilities192138166203228324259231215239420484497
Total Liabilities7647267798529551,1771,2561,3071,6291,8982,3853,5294,022
Fixed Assets2992912882743755614284305295405561,6461,803
CWIP59660201720393995742279520
Investments1592012301711702394284271959911844458
Other Assets3012252553463903603804108661,1639691,5611,241
Total Assets7647267798529551,1771,2561,3071,6291,8982,3853,5294,022

Navin Fluorine International Ltd Reserves and Borrowings Chart

Navin Fluorine International Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1367374176921699015723775-64
Cash from Investing Activity -15441-263-53-16-136-2485-237-172-656
Cash from Financing Activity 26-100-49-21-17-67-39-68-81-4542658
Net Cash Flow813-1-17610-6-3161-45-56-61

Navin Fluorine International Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days334968748168626375889099
Inventory Days127107105968913611091127129149197
Days Payable667097113112949258797785103
Cash Conversion Cycle94867557571108096123140154193
Working Capital Days19616760557476088116112172
ROCE %65%13%11%11%17%22%29%21%21%22%19%20%

Navin Fluorine International Ltd Financial Efficiency Indicators Chart

Navin Fluorine International Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters30.51%30.22%30.22%30.20%30.19%29.70%29.70%29.40%29.40%28.80%28.80%28.80%
FIIs24.53%25.10%26.65%26.43%25.25%23.51%21.42%20.07%19.19%19.58%18.50%19.20%
DIIs16.88%15.82%15.18%15.17%15.98%18.27%20.79%22.67%23.77%24.84%25.97%26.01%
Public28.08%28.86%27.95%28.20%28.58%28.51%28.09%27.86%27.63%26.78%26.72%25.98%
No. of Shareholders1,09,7011,26,1641,39,5171,58,9321,63,3751,73,4181,67,7771,60,3941,53,7331,50,5961,49,5821,47,191

Navin Fluorine International Ltd Shareholding Pattern Chart

No. of Navin Fluorine International Ltd Shareholders

Navin Fluorine International Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Nippon India Small Cap Fund7495110.68277.4
SBI Small Cap Fund7000001.13259.08
Axis ELSS Tax Saver Fund5987190.67221.59
Motilal Oswal Midcap Fund5693303.1210.71
Nippon India Growth Fund5200580.9192.48
PGIM India Midcap Opportunities Fund5146011.94190.46
Sundaram Mid Cap Fund4629571.84171.35
Sundaram Mid Cap Fund - Institutional Plan4629571.84171.35
Axis Midcap Fund4173200.66154.45
Mirae Asset Midcap Fund3465041128.24

Navin Fluorine International Ltd ROCE Trend

Navin Fluorine International Ltd EPS Trend

Navin Fluorine International Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)75.7053.1252.0382.6030.17
Diluted EPS (Rs.)75.4453.0851.9682.5330.15
Cash EPS (Rs.)88.3662.7658.8488.6035.38
Book Value[Excl.RevalReserv]/Share (Rs.)440.96372.19330.11285.42216.88
Book Value[Incl.RevalReserv]/Share (Rs.)440.96372.19330.11285.42216.88
Revenue From Operations / Share (Rs.)419.25293.31238.28214.55201.40
PBDIT / Share (Rs.)118.2779.5278.4659.9951.11
PBIT / Share (Rs.)105.6369.8569.5352.5145.55
PBT / Share (Rs.)100.0869.4772.3052.1145.38
Net Profit / Share (Rs.)75.7253.0949.9181.1229.82
NP After MI And SOA / Share (Rs.)75.7253.0952.0382.5830.15
PBDIT Margin (%)28.2127.1132.9227.9625.37
PBIT Margin (%)25.1923.8129.1824.4722.61
PBT Margin (%)23.8723.6830.3424.2822.53
Net Profit Margin (%)18.0618.1020.9437.8014.80
NP After MI And SOA Margin (%)18.0618.1021.8338.4814.97
Return on Networth / Equity (%)17.1714.2615.7628.9313.90
Return on Capital Employeed (%)17.4017.2920.2917.9019.92
Return On Assets (%)10.6311.0213.5725.0811.40
Long Term Debt / Equity (X)0.340.050.000.000.00
Total Debt / Equity (X)0.380.050.000.000.00
Asset Turnover Ratio (%)0.670.690.640.700.75
Current Ratio (X)2.812.655.914.393.17
Quick Ratio (X)1.911.985.023.502.54
Inventory Turnover Ratio (X)2.473.153.333.934.27
Dividend Payout Ratio (NP) (%)14.5320.7015.3717.5141.48
Dividend Payout Ratio (CP) (%)12.4517.5113.1216.0635.02
Earning Retention Ratio (%)85.4779.3084.6382.4958.52
Cash Earning Retention Ratio (%)87.5582.4986.8883.9464.98
Interest Coverage Ratio (X)21.30207.38211.21148.08305.66
Interest Coverage Ratio (Post Tax) (X)14.63139.46126.93201.24179.31
Enterprise Value (Cr.)21948.4020235.4513070.565782.733483.78
EV / Net Operating Revenue (X)10.5713.9211.085.453.50
EV / EBITDA (X)37.4551.3533.6619.4813.78
MarketCap / Net Operating Revenue (X)10.1713.9211.545.713.53
Retention Ratios (%)85.4679.2984.6282.4858.51
Price / BV (X)9.6710.978.334.293.28
Price / Net Operating Revenue (X)10.1713.9211.545.713.53
EarningsYield0.010.010.010.060.04

Navin Fluorine International Ltd Profitability Ratios (%)

Navin Fluorine International Ltd Liquidity Ratios

Navin Fluorine International Ltd Liquidity Ratios (%)

Navin Fluorine International Ltd Interest Coverage Ratios (%)

Navin Fluorine International Ltd Valuation Ratios

Fair Value of Navin Fluorine International Ltd Stock

Fair Value: ₹4451.26

The stock is undervalued by 40.24% compared to the current price ₹3174

*Investments are subject to market risks

Strength and Weakness of Navin Fluorine International Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 22.58%, which is a positive sign.
  2. The company has higher reserves (1,144.23 cr) compared to borrowings (206.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (437.77 cr) and profit (249.15 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 68.61 and average Dividend Yield of 25.05%.
  2. The stock has a high average Working Capital Days of 72.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 105.42, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Navin Fluorine International Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE