Navin Fluorine Q3 Review - High Margin Businesses Grow, Outlook Strong: Anand Rathi
A worker tests a liquid chemical inside a laboratory. (Photographer: Scott Eisen/Bloomberg)

Navin Fluorine Q3 Review - High Margin Businesses Grow, Outlook Strong: Anand Rathi

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

With strong 35% YoY growth in its high-value business, Navin Fluorine International Ltd.’s Q3 revenue/Ebitda/profit after tax grew 18.7%/22.9%/29.7% YoY. Its past business recovered, driven by normal demand.

Ahead, we are positive on the company’s future performance following the strong performance in its high-value business, product launches and revenue from the high performance product segment (Q4 FY22) and the commissioning of multi-purpose plant in H1 FY23.

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Anand Rathi Navin Fluorine Q3FY21 Result Update.pdf

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