Navin Fluorine International reported strong financial growth for the fiscal year ended March 31, 2026. The company achieved consolidated annual revenue of ₹3,379.19 crore and a profit after tax of ₹663.56 crore. The Board of Directors has recommended a final dividend of ₹8.60 per share. Additionally, the company announced the re-appointment of its Executive Chairman, Mr. Vishad P. Mafatlal, alongside key independent director appointments to guide its future growth strategy.
Financial Performance Highlights
For the financial year ended March 31, 2026, Navin Fluorine International demonstrated robust performance. The company posted consolidated annual revenue of ₹3,379.19 crore, marking a significant increase compared to the previous year. Profit after tax for the same period stood at ₹663.56 crore, reflecting strong operational efficiency. The Q4 revenue was recorded at ₹955.30 crore with a quarterly profit of ₹212.62 crore.
Dividend Payout
Reflecting its commitment to shareholder value, the Board of Directors has recommended a final dividend of ₹8.60 per equity share (a 430% payout on the face value of ₹2). The dividend payment is subject to approval at the 28th Annual General Meeting scheduled for August 06, 2026. The record date for determining shareholder eligibility for this dividend has been set for June 12, 2026.
Leadership and Governance Appointments
The company has announced major leadership continuity. Mr. Vishad P. Mafatlal has been re-appointed as Executive Chairman and Key Managerial Personnel for a 5-year term, effective August 20, 2026, through August 19, 2031. Furthermore, the board approved the re-appointment of Mr. Sujal A. Shah and Ms. Apurva S. Purohit as Independent Directors, ensuring stability and experienced oversight in the company’s governance structure for the next five years.
Strategic Corporate Updates
During the fiscal year, Navin Fluorine successfully completed a Qualified Institutional Placement (QIP), raising approximately ₹750 crore by issuing 16,02,564 equity shares at ₹4,680.00 per share. The funds have been fully utilized as per the planned use of proceeds. The company continues to operate within the ‘Chemical business’ segment, which remains its sole reportable business focus.
Source: BSE
