NAVIN FLUORINE: STRONG Q2 RESULTS AND ₹8 INTERIM DIVIDEND

Navin Fluorine International has delivered a strong September-quarter performance, putting the specialty chemicals stock in focus. Q2 FY27 consolidated results: - Revenue increased 57% year-on-year to ₹1,191 crore. - Net profit jumped 82% to ₹269 crore. - EBITDA increased approximately 66% to ₹408 crore. - EBITDA margin expanded to 34.26% from 32.45% a year ago. The company also declared an interim dividend of ₹8 per equity share. November 5, 2026, is the record date. What investors should monitor: - Sustainability of revenue growth - CDMO and specialty chemicals business performance - Margin stability and capacity utilisation - Order execution and future demand - Valuation after the results-driven price reaction My view: Strong revenue growth combined with margin expansion makes this quarter encouraging. However, investors should assess whether the earnings momentum is sustainable rather than extrapolating one strong quarter.