Navin Fluorine Declares ₹6.5 Interim Dividend, Approves ₹311.5 Crore Capacity Expansion
Navin Fluorine International Limited (NFIL) announced an interim dividend of ₹6.50 per share and approved ₹311.5 crore in capital expenditure projects. The company plans to expand HFC capacity by 15,000 MTPA at its Surat unit with an investment of ₹236.50 crore, and allocate ₹75 crore for debottlenecking its subsidiary's Multi-Purpose Plant at Dahej. NFIL reported strong Q2 FY26 results with revenue up 46% year-on-year to ₹758.40 crore and Operating EBITDA rising 129% to ₹246.20 crore. The company saw growth across all segments, with CDMO showing a remarkable 98% year-on-year increase.

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Navin Fluorine International Limited (NFIL) has announced a series of strategic decisions, including an interim dividend and significant capital expenditure plans, signaling confidence in its growth trajectory and market demand.
Interim Dividend Declaration
The Board of Directors has declared an interim dividend of ₹6.50 per equity share (325% of face value) for the financial year 2025-2026. The record date for determining eligible shareholders is set for November 7, 2025, with the dividend expected to be paid on or after November 27, 2025.
Capital Expenditure Initiatives
NFIL has approved two major capital expenditure projects:
HFC Capacity Expansion: The company plans to invest ₹236.50 crore to set up an additional Hydrofluorocarbon (HFC) capacity of up to 15,000 MTPA R32 equivalent at its Surat unit. This expansion aims to cater to the growing demand in both domestic and export markets.
Multi-Purpose Plant Debottlenecking: NFIL's wholly-owned subsidiary, Navin Fluorine Advanced Sciences Limited, will receive ₹75 crore for debottlenecking its Multi-Purpose Plant facility at Dahej. This investment is intended to accommodate the production of an additional fluoro intermediate for a novel agrochemical product, expanding the company's product portfolio and strengthening its relationship with a global innovator.
Financial Performance Highlights
For the quarter ended September 30, 2025, NFIL reported:
| Metric | Q2 FY26 | Y-o-Y Change | Q-o-Q Change |
|---|---|---|---|
| Revenue | ₹758.40 crore | +46% | +5% |
| Operating EBITDA | ₹246.20 crore | +129% | +19% |
| Operating EBITDA Margin | 32.50% | +1176 bps | +395 bps |
| Operating PBT | ₹179.30 crore | +173% | +27% |
The company's performance shows substantial year-on-year growth across all key financial metrics, indicating strong market demand and operational efficiency.
Segment-wise Performance
- High-Performance Products (HPP): Contributed 38% to the quarter's revenue, growing by 38% year-on-year.
- Specialty Chemicals: Accounted for 39% of revenue, with a 39% year-on-year growth.
- Contract Development and Manufacturing Organization (CDMO): Showed remarkable growth of 98% year-on-year, contributing 18% to the quarter's revenue.
Strategic Outlook
The approved capital expenditures reflect NFIL's commitment to expanding its production capabilities and diversifying its product range. The HFC capacity expansion aligns with the global transition to low Global Warming Potential (GWP) gases and increasing demand for Refrigeration and Air Conditioning (RAC) products in India and export markets.
The investment in the Multi-Purpose Plant at Dahej demonstrates NFIL's focus on strengthening its position in the agrochemical sector and deepening relationships with global innovators.
Conclusion
Navin Fluorine's recent announcements reflect a robust growth strategy, balancing shareholder returns through dividends with significant investments in capacity expansion. The company's strong financial performance and strategic capital allocation indicate its readiness to capitalize on growing market opportunities in the fluorochemicals sector.
Historical Stock Returns for Navin Fluorine International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +14.28% | +12.48% | +23.06% | +25.78% | +70.80% | +161.06% |












































