LiveNSE delayed · 128/128 · 12 Oct 2026, 03:29 pm
Scores stay the 15 Aug 2026 desk snapshot. Not advice.
NAVINFLUOR · Chemicals · Mid Cap · Live 12 Oct 2026, 03:30 pm · Discovery

Navin Fluorine International Ltd

Fluorine chemistry plus a CDMO build. High-quality franchise mid-cycle, with capex and CDMO timing the honest debate.

10X Low
Moderate Risk
Attractive Entry
Compounder
Institutional Accumulation
Turnaround
Multibagger score
37.6/100
Market cap
₹42,373 Cr
Last price · live
₹8,561.0
+208.50 (+2.50%)
52W
₹4,717–₹8,950

Implied P/E 134x · NAVINFLUOR.NS · delayed NSE

10X potential (scenario)
LOW
Base multiple
1.7x
Bull multiple
3.8x
Classification
Potential Mid Cap

Base case compounds into a durable mid-cap, not yet large-cap scale.

Final investment scorecard

Multibagger37.6 / 100
10X potentiallow
Business quality1.7 / 10
Growth runway7.1 / 10
Competitive advantage7.4 / 10
Management4.4 / 10
Balance sheet4.7 / 10
Valuation2.3 / 10
Technical setup8.2 / 10
Riskmoderate

Why it could become a multibagger

  • Fluorine + CDMO is a scarce Indian combo.
  • Institutions have held through the dull years — usually a quality signal.

What needs to go right

  • CDMO utilisation
  • ROCE back above 18%
  • Specialty mix up

What could destroy the thesis

  • A dry CDMO pipeline
  • A refrigerant downcycle plus idle capacity

What would make me sell

  • CDMO still sub-scale in FY28
  • ROCE < 10%

Key metrics to monitor

CDMO revenue
ROCE
FCF
Net debt
Gross margin

Illustrative FY25 / TTM desk snapshot compiled for this terminal. Not a live NSE/BSE feed. Cross-check annual reports, exchange filings and investor presentations before use.