Navin Fluorine International Limited has filed its Integrated Annual Report for FY 2025-26 with the stock exchanges, detailing a financial performance marked by six consecutive quarters of growth. The report covers the financial year ended March 31, 2026 and includes the Notice of the 28th Annual General Meeting scheduled for August 06, 2026 at 3.30 P.M. (IST) via Video Conferencing/Other Audio-Visual Means. The company reported a 129.94% YoY surge in net profit to ₹663.55 crores, while revenue from operations increased 41.05% to ₹3,313.90 crores.

AGM and Dividend Details

The Board of Directors has recommended a final dividend of ₹8.60 per equity share of face value ₹2/- each (430% of face value) for FY 2025-26, subject to member approval at the AGM. An interim dividend of ₹6.50 per equity share (325% of face value) was already paid in November 2025. Key AGM-related dates are summarised below:

Financial Performance Highlights

Operating EBITDA reached ₹1,081.68 crores, registering 102.67% YoY growth, with margins expanding to 32.64%. Consolidated net worth increased by 51.34% from ₹2,626.23 crores as of March 31, 2025 to ₹3,974.58 crores as of March 31, 2026. The company maintained a credit rating of 'CARE AA' for long-term borrowings and 'CARE A1+' for short-term facilities.

Business Vertical Performance

All three business segments recorded strong double-digit revenue growth during the year. The HPP business commissioned the new AHF facility at Dahej involving an investment of ₹450 crores, and the Board approved a capital expenditure of ₹236.50 crores for an additional HFC capacity of 15,000 MTPA equivalent R32 refrigerant.

The Specialty Chemicals business entered into a strategic partnership with Chemours to manufacture Opteon™, a two-phase immersion cooling fluid for hyper data centres, with a total estimated capex outlay of US$ 14 million. The facility is expected to be operational in Q1 FY 2026-27. The CDMO business successfully commissioned the cGMP4 Phase 1 facility, with commercial supplies commencing from January 2026. The subsidiary Navin Fluorine Advanced Sciences Limited (NFASL) achieved total revenue from operations of ₹1,133.56 crores, EBITDA of ₹408.35 crores and PBT of ₹225.21 crores for FY 2025-26.

Capital Raise and Balance Sheet Strengthening

During the year, the company successfully raised ₹750 crores through a Qualified Institutional Placement (QIP), allotting 16,02,564 equity shares of ₹2/- each to eligible Qualified Institutional Buyers at an issue price of ₹4,680/- per equity share. The proceeds were primarily utilised for repayment/pre-payment of outstanding borrowings of Navin Fluorine and NFASL, and general corporate purposes. Working capital days were reduced from 89 to 74 days (Sales), and market capitalisation stood at ₹31,581.93 crores as on March 31, 2026.

Operational and ESG Highlights

Total R&D spend for FY 2025-26 stood at ₹48.71 crores. The company executed 28 focused energy efficiency and water efficiency projects, resulting in savings of 62,283.16 GJ of energy and 1,53,850.92 KL of water savings. Internal energy and water efficiency projects delivered over ₹7.65 crores in annual savings.

Navin Fluorine International Limited achieved a 16% reduction in total energy consumption and a 6% decrease in Scope-1 carbon emissions during the financial year 2025-26. The company recycled and reused 54.3% of its water withdrawal, while waste sent to landfill was reduced to 10.3% of the total waste generated, down from 12.8% in the previous year. These figures were disclosed in the Business Responsibility and Sustainability Report for FY 2025-26, which received reasonable assurance for BRSR Core indicators and limited assurance for non-core indicators from TUV SUD South Asia Pvt Ltd.

Environmental Performance

The company’s operational efficiency initiatives led to significant environmental gains. Navin Fluorine implemented process modifications, such as steam condensate recovery and the integration of liquid hydrofluoric acid into reactions, which resulted in a reduction of 163,891 cubic meters in natural gas consumption and a decrease of 309 metric tons in CO₂ emissions. Additionally, the installation of energy-efficient cooling tower fan blades and the optimization of air compressor loads contributed to a reduction of 128,866 kWh in electricity consumption.

Water and Waste Management

Water conservation efforts included the implementation of Zero Liquid Discharge (ZLD) systems at its Dewas and Dahej facilities. The company engaged in initiatives to conserve water, achieving a reduction of 30,582 kiloliters in water consumption through specific process modifications. On the waste front, the company co-processed hazardous waste in cement kilns as a fuel alternative, conserving 1,122 metric tons of coal and 38,497 kiloliters of water.

Social and Governance Metrics

Navin Fluorine reported a total workforce of 3,217 individuals, comprising 1,421 employees and 1,796 workers. The company maintained a zero-tolerance policy towards corruption, recording zero cases of bribery during the year. It resolved 89.24% of the complaints received. The company’s ESG scores were rated at 66.7 by SES ESG Research Private Limited and 56.0 by CRISIL ESG Ratings & Analytics.