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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).
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