Navin Fluorine Q4 Review - Strong Performance Led By High Value Businesses: Dolat Capital
A volumetric flask, containing chemical solution sits in a laboratory. (Photographer Dhiraj Singh/Bloomberg)

Navin Fluorine Q4 Review - Strong Performance Led By High Value Businesses: Dolat Capital

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.

Dolat Capital Report

Navin Fluorine International Ltd. reported a strong set of Q4 FY21 performance backed by a continues growth momentum seen in high value businesses (contract research and manufacturing services and specialty chemicals).

The company reported sales growth of 21.6% YoY to Rs 3.36 billion (our estimate: Rs 3.12 billion).

Ebitda stood at Rs 842 million (our estimate: Rs 805 million) up by 22.5% YoY, adjusted profit after tax stood at Rs 645 million (our estimate: Rs 550 million).

Click on the attachment to read the full report:

Dolat Capital Navin Fluorine Q4FY21 Result Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.