Navin Fluorine International Limited

Chemicals: Specialty/ NSE

Compiled

Auto-generated from filings and public channels — no analyst dossier.

If management delivers what it guided

arithmetic on filed guidance and past valuations · not a price target

NAVINFLUOR

FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹7,568 today

BEAR

₹3,746

-50%

10% a year · 26.3x exit

BASE

₹8,353

+10%

17.3% a year · 55x exit

BULL

₹11,194

+48%

23.6% a year · 70x exit

Where the market has priced it

15x58x today76x

this company's own median multiple sits 143% above its filed-industry peers; the scenario uses its own

How these numbers are produced

Earnings base	FY26 fiscal year EPS ₹129.46 (screener)
Guided growth	17.3% a year, said on the call of 04-May-2026 · transcript
Read across as	operating: revenue growth, margin held flat — medium confidence
Delivery calibration	0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings
Exit multiple	26.3x / 55x / 70x, this company’s own p20 / median / p80 across 10 filed years
Filed-industry peers	median 22.65x across 40 peers — the cross-check, not the input
Arithmetic	base EPS × (1 + guided growth × delivery)¹ × exit multiple

Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.

How to read this

It answers one question. If this management delivers the growth it told its own investors it would, and the market pays what it has historically paid for this company's earnings, where does the arithmetic land? Nothing here is a forecast of the share price.
Three cases, two moving parts. Bear, base and bull vary the delivery — what fraction of guidance managements actually file — and the exit multiple together, because a company that misses its guidance is usually de-rated for missing it. Each case shows the growth rate and the multiple that produced it.
Read the width, not just the middle. A wide gap between bear and bull means the inputs are uncertain, not that the upside is bigger. A narrow range is a more confident statement than a high one.
“Where the market has priced it” puts today's P/E on the company's own historical range. Sitting far below that range is why a scenario can look enormous: the number is then mostly about re-rating, not about delivery, and the board marks those separately.
The bullets underneath are the caveats — a borrowed peer multiple, a thin filed history, an earnings base that carried a one-off. They are the reasons to trust the number less, listed rather than buried.

Not a price target, not a recommendation, and not a forecast of what the stock will do. The field guide covers the method.

What management said

from NSE earnings-call filings · extracted, not interpreted

revenue growth 18%generic growth 10%

Just wanted to know, can we kind of clock in high double-digit revenue growth for both these segments going ahead in FY27?

Call 04-May-2026 · bridge confidence medium · transcript PDF

Coverage

SectorChemicals: Specialty

Dossiersnone

Guidanceyes

Scenarioyes

Street chatter

unverified · logged from public channels

*CITI on Navin Fluorine*

Sell, TP Rs 6500

4Q EBITDA up 80% yoy/4% qoq – largely driven (qoq) by continued rampup in CDMO

EBITDA margin was 34.2% vs 34.5% in 3Q and 25.5% in 4QFY25.

NFIL has commissioned multiple projects (R32, HFO, Ag-chem) over past 3 years with its gross block increasing by >6x vs FY22 (capacities been ramping up).

Rating / broker30 Apr 04:33

*Jefferies on Navin Fluorine*

30 Apr 04:33

NAVIN FLUORINE: Strong Q4 across all verticals with robust YoY growth in HPP, Specialty Chemicals and CDMO.

29 Apr 13:29

NAVIN FLUORINE: SIGNS DRDO AGREEMENT FOR INDIGENOUS DEFENCE CHEMICAL PROJECT 🇮🇳🛡️

Mention only30 Jul 12:48