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Navin Fluorine International Limited (NAVINFLUOR) Fair Value & Analysis

Basic Materials · IN · Market cap ₹392B

NF Navin Fluorine International Limited NAVINFLUOR · NSE
Price₹8,294
Fair Value₹2,146
Upside-74.1%
Quality59/100
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Healthy Growth
Highly profitable · 20.0% net margin
Low debt · generates free cash flow
0.20% dividend yield
Mixed vs. peers (7/14)
Wide moat 82/100
Evidence: High Range ₹1,069 – ₹3,534 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated yesterday

Share price +9.3% over the past month.

A solid business, but screening 74% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹3,534). The favourable scenario is already priced in.
  • The model range is unusually wide (₹1,069 to ₹3,534). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹8,650 ₹2,688 Fair Value ₹2,146 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹2,688 – ₹8,650 · fair‑value band ₹1,069 – ₹3,534 · the ₹8,294 price screens above the ₹2,146 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Navin Fluorine International Limited (NAVINFLUOR) currently trades at ₹8,294, while our model-based Fair Value estimate is ₹2,146, implying the stock looks roughly 74.1% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Navin Fluorine International Limited generated revenue of ₹33.1B at a net margin of 20.0%. Revenue grew 33.8% year over year. It earns a return on equity of 20.1%. Net debt stands at ₹11.7B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹1,069 (bear case) to ₹3,534 (bull case); at ₹8,294, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 85% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -32% fair-value upside, at -74%, NAVINFLUOR screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (₹228.19 to ₹5,000). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹984.68 ₹2,234 ₹4,292 80
Residual Income ₹903.13 ₹1,245 ₹5,357 76
Rev-Margin DCF ₹667.06 ₹1,314 ₹2,210 74
All 26 models by family
DCF Models
FCF DCF ₹1,010 ₹2,106 ₹4,734 38
Owner Earnings ₹775.34 ₹1,774 ₹3,755 31
5Y Revenue Exit ₹667.06 ₹1,336 ₹2,271 39
5Y EBITDA Exit ₹1,245 ₹2,605 ₹4,406 41
5Y P/E Exit ₹1,290 ₹2,706 ₹4,423 38
10Y Revenue Exit ₹740.38 ₹1,446 ₹2,600 36
10Y EBITDA Exit ₹1,169 ₹2,434 ₹4,548 37
10Y P/E Exit ₹1,201 ₹2,512 ₹4,564 35
Earnings-Based
Graham-Dodd ₹879.94 ₹5,000 ₹6,950 54
Lynch FV ₹1,405 ₹2,007 ₹2,609 50
PEG = 1.0 ₹1,405 ₹2,007 ₹2,609 46
EPV ₹1,245 ₹1,494 ₹1,715 59
Dividend Discount
Gordon GGM ₹127.60 ₹278.56 ₹468.70 70
DDM Multi-Stage ₹127.60 ₹228.19 ₹290.31 61
Multiples
P/E Multiple ₹1,650 ₹2,200 ₹2,750 63
P/S Multiple ₹727.05 ₹969.39 ₹1,212 58
P/B Multiple ₹1,650 ₹2,200 ₹2,750 55
EV/EBIT ₹1,745 ₹2,381 ₹3,018 53
EV/EBITDA ₹1,418 ₹1,945 ₹2,472 54
EV/Revenue ₹514.15 ₹804.97 ₹1,096 43
Asset-Based
NCAV (Graham) ₹387.55 ₹519.32 ₹775.11 50
Growth DCF
Growth DCF ₹984.68 ₹2,234 ₹4,292 80
Rev-Margin DCF ₹667.06 ₹1,314 ₹2,210 74
Economic Profit
Residual Income ₹903.13 ₹1,245 ₹5,357 76
ROIC Compounder ₹1,507 ₹2,315 ₹3,302 72
Growth Earnings
Growth-Adj P/E ₹1,903 ₹2,718 ₹3,534 68

Widest divergence: Growth Earnings (₹2,718) versus Dividend Discount (₹228.19). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹33.1B
Revenue growth (YoY) +33.8%
Net margin 20.0%
Return on equity 20.1%
Free cash flow ₹4.0B FY2026
P/E ratio 63.6
More key figures
Operating margin 29.9%
EPS (TTM) ₹130.46
Dividend yield 0.2%
EPS growth (YoY) +117%
Net debt ₹11.7B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 58 · Market factors (momentum, volatility) 86

Profitability 57
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 10
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 83
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 66
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Navin Fluorine International Limited manufactures and sells specialty fluorochemicals in India and internationally. The company offers refrigerants for various applications, including window and split room air conditioners, chillers, packaged air conditioners, commercial and industrial refrigeration units, intermediate for active pharmaceutical ingredients, …

Full company description

Navin Fluorine International Limited manufactures and sells specialty fluorochemicals in India and internationally. The company offers refrigerants for various applications, including window and split room air conditioners, chillers, packaged air conditioners, commercial and industrial refrigeration units, intermediate for active pharmaceutical ingredients, fluoropolymer resins, domestic and industrial refrigerators, and mobile air conditioning under the Mafron brand for original equipment manufacturer, service technicians, and equipment owners. It also provides inorganic fluoride products, such as ammonium bifluoride, potassium fluoride, sodium fluoride, potassium fluorotitanate, potassium fluoroborate, hexafluorophosphoric acid, and hydrofluo pyridine and hydrofluo urea complex products for oil and gas, stainless steel, pharmaceutical and agrochemicals, abrasives, electronics, and solar energy industries. In addition, the company offers various value added specialty fluoro intermediates consist of boron trifluoride gas and related adducts for pharmaceutical industry, as well as crop protection, hydrocarbon, and fragrance applications; and contract development and contract manufacturing services, such as basic research, library syntheses, process development, scale up, and small and batch manufacturing for custom chemical syntheses of fluorinated compounds in the pharmaceuticals, agro chemicals, and specialty chemicals industries. Navin Fluorine International Limited was founded in 1967 and is headquartered in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Navin Fluorine International Limited reported revenue of ₹33.1B in FY2026 versus ₹14.5B in FY2022, a compound +23.0%/yr. Reported net income was ₹6.6B in FY2026, compounding +26.0%/yr from FY2022.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹33.1B
Latest YoY
+42.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.1%
Avg. growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.2%
Revenue +23.0%/yr
FY22 ₹14.5B
FY23 ₹20.7B
FY24 ₹20.5B
FY25 ₹23.3B
FY26 ₹33.1B
Net income +26.0%/yr
FY22 ₹2.6B
FY23 ₹3.8B
FY24 ₹2.7B
FY25 ₹2.9B
FY26 ₹6.6B
Character of growth · EPS growth decomposed (2015-2026) +17.8 % p.a.
Revenue per share +15.9 pp

of which total revenue +16.1 pp · buybacks/dilution −0.2 pp

EBIT margin +4.9 pp
Tax rate +0.5 pp
Residual (interest, one-offs) −3.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

NAVINFLUOR screens 74% overvalued. Compare with BASF SE →

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Cite: Fair Value Calculator (2026). "Navin Fluorine International Limited Fair Value". https://www.fairvalue-calculator.com/stock/NAVINFLUOR

Peer Group

Chemicals · 332 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 59 · Above median
Fair Value upside −74% · Bottom 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 30% · Top 25%
Revenue growth 34% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.24× · Higher than median

Valuation Multiples vs Chemicals median · lower = cheaper

P/E (TTM) 63.6× · Pricier than 75% of peers
P/B 9.87× · Pricier than 75% of peers
P/S (TTM) 11.83× · Pricier than 75% of peers
P/FCF 1.0× · Cheaper than median
EV/EBITDA 37.0× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 19
PAST 80 · sector 20
HEALTH 88 · sector 94
DIVIDEND 4 · sector 28

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Deepak Nitrite Limited DEEPAKNTR ₹1,718 ₹679.17 -60%
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Frequently asked questions

Is Navin Fluorine International Limited (NAVINFLUOR) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹2,146 versus a price of ₹8,294, about −74% (overvalued).
What is the fair value of NAVINFLUOR?
Our model-based fair value for Navin Fluorine International Limited is ₹2,146 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹8,294.
What is the quality score of NAVINFLUOR?
Navin Fluorine International Limited has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Navin Fluorine International Limited (NAVINFLUOR)?
Navin Fluorine International Limited reported trailing-twelve-month revenue of about ₹33.1B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of NAVINFLUOR?
The net profit margin of Navin Fluorine International Limited is about 20.0%, meaning it keeps roughly 20.0% of revenue as net income. Based on the latest reported figures.
Does Navin Fluorine International Limited pay a dividend?
Navin Fluorine International Limited currently shows a dividend yield of about 0.20% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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