Fluorochemicals maker Navin Fluorine International Ltd delivered exceptional fourth-quarter results, with net profit more than doubling to ₹213 crore compared to ₹95 crore in the corresponding period last year. According to reports from CNBC-TV18, this performance exceeded the poll estimate of ₹156 crore. Revenue for the quarter rose 33.8% year-on-year to ₹938 crore, surpassing the CNBC-TV18 poll estimate of ₹807 crore. The company's EBITDA increased 80% to ₹322 crore from ₹179 crore in the year-ago period, with EBITDA margin expanding to 34.3% compared to 25.5% a year ago.
The board has recommended a final dividend of ₹8.60 per equity share of face value ₹2 each, representing 430% of face value for FY26. As reported by CNBC-TV18, the dividend is subject to shareholder approval at the company's 28th Annual General Meeting scheduled for August 6, 2026. The company has fixed June 12, 2026, as the record date to determine shareholder eligibility for the final dividend, with payment scheduled on or after August 13, 2026.
The board approved significant leadership continuity with Vishad P. Mafatlal's re-appointment as Executive Chairman for five consecutive years from August 20, 2026, to August 19, 2031, subject to shareholder approval. According to CNBC-TV18, he has also been re-appointed as Key Managerial Personnel for the same term. The board also approved the re-appointment of Sujal A. Shah as Independent Director for five consecutive years from May 7, 2026, to May 6, 2031, and Apurva S. Purohit as Independent Director for five consecutive years from October 19, 2026, to October 18, 2031.
Shares of Navin Fluorine International Limited ended at ₹6,764.00, up by ₹138.60, or 2.09% on the BSE, as reported by CNBC-TV18. The positive market reaction reflects investor confidence in the company's strong quarterly performance and the significant dividend declaration.
