31 Oct 2025 | 5 Mins Read
ICICI Securities recommends buying Navin Fluorine
Flipitmoney
Navin Fluorine International (NFIL) reported a strong Q2FY26 print, delivering a 5% point increase in EBITDA margin to ~30%. A fresh capex of R32 with 15ktpa capacity, and MPP expansion, drives a virtuous cycle of strong operating profit and higher cash generation. Outlook revised, with EPS increase of 25-30%, recommending a BUY as NFIL is well positioned.