Navin Fluorine Share Price Surge 12.98%, Reaches 52-Week High on Jan 9, 2025

On Thursday Navin Fluorine International Limited has been gaining attention. On January 9, 2025, Navin Fluorine share price opened at ₹3,590.30, up from its previous close of ₹3,493.15. At 11:55 AM, the share price of Navin Fluorine was trading at ₹3,946.45, up by 12.98% on the NSE. As of the same time, the stock price touched its 52-week high at ₹4,017.10. 

This rise in the share price was followed by news reports of a sharp increase in global refrigerant gas prices. The rally follows warnings from a major U.S. distributor with large quotas, citing severe supply shortages of key refrigerant gases, R32 and R125. These shortages are causing significant challenges for the HVAC (Heating, Ventilation, and Air Conditioning) industry, which heavily depends on these gases for its operations.

Q2 FY25 Financial Highlights

In Q2 FY25, the company reported a 10% year-on-year (Y-o-Y) increase in net revenue from operations, which rose to ₹518.56 crore, compared to ₹471.79 crore in Q2 FY24. However, there was a slight decline of 1% when compared to Q1 FY25, where the revenue stood at ₹523.68 crore. 

For the first half of FY25 (H1 FY25), net revenue from operations grew by 8% to ₹1,042.24 crore, compared to ₹962.94 crore in H1 FY24. 

Profit after tax (PAT) for Q2 FY25 stood at ₹58.82 crore, marking a 3% decrease from ₹60.58 crore in Q2 FY24, but showed a 15% increase compared to ₹51.20 crore in Q1 FY25. 

For H1 FY25, PAT declined by 10% to ₹110.02 crore, from ₹122.11 crore in H1 FY24.

About Navin Fluorine International Limited

Navin Fluorine International Ltd is mainly involved in producing refrigeration gases, inorganic fluorides, and speciality organofluorines and provides contract research and manufacturing services. 

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