DGTR Initiates Review of Anti-Dumping Duty on Chinese Fluoroelastomer Imports, Potentially Impacting Gujarat Fluorochemicals
The Directorate General of Trade Remedies (DGTR) has launched a review of the anti-dumping duty on fluoroelastomer imports from China. This review could significantly impact Gujarat Fluorochemicals, a key player in India's fluorochemicals industry. The outcome may result in continuation, modification, or removal of the current duty, potentially affecting the competitive landscape of the Indian fluoroelastomer market. The decision could influence Gujarat Fluorochemicals' market position and business strategies in the fluoroelastomer segment.
28May 25
Gujarat Fluorochemicals Q4 Results Miss Street Expectations, Management Eyes Growth
Gujarat Fluorochemicals Ltd announced Q4 results below market expectations, but reported EBITDA growth due to a lower base effect and rebound in new fluoropolymers. The company aims for 25% growth in the fluoropolymer business and plans ₹1,600 crore in capex. Analyst price targets range widely from ₹2,600 to ₹5,386, reflecting divided opinions on the company's future performance.
Gujarat Fluorochemicals Ltd. announced impressive Q4 financial results with significant year-over-year improvements. Revenue increased by 8.12% to ₹12.25 billion, EBITDA grew by 30.25% to ₹3.10 billion, and net profit surged by 88.12% to ₹1.90 billion. The company's EBITDA margin expanded to 24.98%. Additionally, a dividend of ₹3 per share was declared.