Interim report
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August 05, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400001 Scrip Code: 532504 National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Symbol: NAVINFLUOR Dear Sir / Madam, Sub.: Outcome of Board Meeting held on August 05, 2026 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), we wish to inform you that the Board of Directors of the Company have, inter alia, taken the following decisions at their Meeting held today: 1) Unaudited Standalone and Consolidated Financial Results: As per Regulation 33 of SEBI Listing Regulations: The Board has approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026. In this regard, please find enclosed the following: • Unaudited Consolidated Financial Results in the prescribed form at along with Limited Review Report thereon received from Price Waterhouse Chartered Accountants LLP, Statutory Auditors - Annexure A • Unaudited Standalone Financial Results in the prescribed format along with Limited Review Report thereon received from Price Waterhouse Chartered Accountants LLP, Statutory Auditors - Annexure B 2) Capital expenditure of ₹ 90 crores for establishing adoption capacities to progress products forming part of Advanced Materials portfolio, from lab scale to commercial scale qualification: The Board has approved capital expenditure of ₹90 crores for establishing adoption capacities to progress products forming part of Advanced Materials portfolio, from lab scale to commercial scale qualification at Surat unit of the Company. The requisite details in this regard are in the enclosed Annexure C. The Meeting of the Board of Directors commenced at 01:30 P.M. (IST) and concluded at 04:05 P.M. (IST). This intimation is also being made available on the Company’s website www.nfil.in. Kindly take this information on your record. Thanking You, Yours faithfully, For NAVIN FLUORINE INTERNATIONAL LIMITED Niraj B. Mankad President Legal and Company Secretary Encl.: as above
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Annexure A J~ IJAVII\ FLUORINE Navin Fluorine International Limited •:S PAD MA NAB H 1,r ern a1i onal Limit ed MA l·ATI Al I GROUf' Regd. O ffice: 602 , 6th Floor, Natraj by Rustomjee, 194 , M.V. Ro ad & Western Express Highway, Near Kanakia 351 Building , Andheri (E as t), M umbai 400069. Tel: 91 22 6650 9993, Fax: 91 22 6650 9800 , Website : www .nfil.in , Email: info@nfil.in, CIN: L24110MH1998PLC115499 UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JU N E, 2026 ('!! in crores) Quart er ended Year ended Sr . Particulars 30th June, 2026 31st M ar ch , 2026 30th June, 2025 31st March, 2026 No. Unaudited Unaudited Unaudited Audited (Refer note 2) 1 Rever.ue: (3) Re•,enue from operat ions 1,0 45.08 937.71 725.40 3,313.90 (:i) Other income 35.09 17.59 13.91 65.29 Total Revenue (a+b) 1,080 .17 955.30 739.31 3,379.19 2 Expenses: (a) Cost of materials consumed 442.24 424 .52 306.82 1,387.71 (b) Purchases of sto ck-in-trade 1.87 2.98 4.06 10.74 (c) Change s in inventories of finished gcods, work-in · 5.64 (39.43) (3.17) (22.05) progress and stock-in-trade (d) EmJ loyee benefits expense 86 .57 81. 01 77.57 307.27 (e) Finance costs 32.12 28 .94 30. 35 117.85 (f) Dep rec iat ion and amortisa tion expense 41.68 41.22 35.24 149.20 (g) Oth er expenses 151.69 147.48 133.33 548.55 Tota l ex penses ( a tog ) 761.81 686.72 S84.20 2,499.27 3 P•ofit before exceptional item and tax (1-2) 318 .36 268.58 155 .1 1 879.92 4 faceptiona I item s ( Refer Note no 3) . 13.72 . (6 .75) 5 Profit before tax (3+4) 318.36 282.30 155.11 873.17 6 Tax exr;e nse 75.05 69.68 37 .94 209.61 7 Profit after tax (5-6) 243.31 212.62 117.17 663.56 8 Share of Lo ss from a Joint Venture (net) * * (0.01) (0.01) 9 Total profit for the period / year (7+8) 243.31 212.62 117.16 663.55 10 Other comprehensive income (a) Items th at will not be reclas sifi ed to pro fit and lo ss 0.36 (1. 37) (1.27) (3.29) (net of tax) (bl Items that may be rec lassified to profit and loss (0.13) 1.71 1.71 4.46 Total other comprehensive income (a+b) 0.23 0.34 0.44 1.17 11 Tc •tal comprehensive income for the period (9+10) 243 .54 212.96 117.60 664.72 12 P2id-up equity share capital (Face value of al! 2/- per share) 10.26 10.25 9.92 10.25 13 Ot1e r Equity 3,964.33 14 Earnin!;s per share (EPS) of al! 2/- each (a : Basic ( z) 47.45 ** 41.49** 23.63 ** 130.67 (b : Di luted ( z) 47.39 ** 41.43** 23 .59 ** 130 .47 ** (not annu alised ) *Ar10unts are be low rounding off norms ?J-:iopted by the Group . See accompanying notes to the Consclidated financial results a ~A,10~-1( Se Chartereu 11 0~ Cc <?,"(~ \,1.P IN AA ~C-s o 7 °1,,,I ~ ~ ~~ ( • <:.. ~ s . ~ ~ ~ ( ~<., /: \'o <\.f ()~...., q' Rrv 0/2754N/N :i\l \l\) o * M • * A\ * urn ha\
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I. The results of the quarter ended 30th June 2026 were reviewed by the Audit Committee and approved by the Board of Directors of the Company in their respective meeting held on 5th August 2026. They have been subjected to limited review by the statutory auditors. 2. In the Consolidated results, the figures for the quarter ended 31st March 2026 are balancing figures between the audited figures in respect of the full financial year and the published year to date figures for the nine months period ended 3 pt December 2025. 3. Pursuant to a notification issued by the Ministry of Labour and Employment, existing labour laws were consolidated into four Labour Codes ("New Labour Codes") with effect from 21 st November 2025. On implementation, the Group recognised an estimated incremental liability of~ 20.47 crores for the quarter and nine months ended 3 pt December 2025, disclosed as an "Exceptional Item". Based on a subsequent review and restructuring in accordance with the New Labour Codes and applicable rules, the liability was revised to { 6;75 crores for the year ended 31 st March 2026, and the excess provision of~ I 3. 72 crores was reversed in the financial results for the quarter ended 3 pt March 2026. The Group continues to monitor notifications, rules and clarifications issued by State and/or Central Government authorities in relation to the New Labour Codes. Any financial impact arising from such developments will be evaluated and accounted for in the period in which they are notified. 4. The consolidated results include the financial results of three foreign subsidiaries - Manchester Organics Limited, NFIL (UK) Limited and Navin Fluorine (Shanghai) Co. Limited, a step-down Foreign subsidiary - NFIL USA Inc., a I 00% subsidiary of NFIL (UK) Lim\ted, two Indian subsidiaries - Sulakshana Securities Limited and Navin Fluorine Advanced Sciences Limited, a joint venture company - Swarnim Gujarat Fluorspar Private Limited. 5. The Group operates only in one Business Segment, i.e. 'Chemical business' which constitutes single reportable segment in accordance with the requirements of Ind AS I 08, 'Operating Segments'. For Navin Fluorine International Limited Managing Director (DIN: 03042587) Mumbai , dated, y 1i August 2026
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Price Waterhouse Chartered Accountants LLP To The Board of Directors Navin Fluorin e Int ernational Limited 602, 6th Floor, Natraj by Rustomjee, 194, M.V. Road & Western Express Highway, Near Kanakia 351 Building, Andheri (East) , Mumbai - 400 069 1. We have reviewed the consolidated unaudited financial results of Navin Fluorin e International Limited (th e "Holding Company"), its subsidiaries [the Holding Company and its subsidiaries (including a step dovvn subsidiary) hereinafter referred to as the "Group"], and its share of the net Ooss) after tax and total comprehensive loss of its joint venture for the quarter ended June 30, 2026 which are included in th e accompanying 'Unaudited Consolidated Financial Results for the Quarter Ended 30 th June , 2026 ' (the "Statement "). The Statement is being submitted by the Holding Compan y pursuant to th e requirem ent of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. 2. This Statement , which is th e responsibility of the Holding Compan y's Management and has been approved by th e Holding Compan y's Board of Directors, has been prepared in accordance with th e recognition and measurement principles laid dovm in Indian Accounting Standard 34 "Interim Financial Reporting ", presc1ib ed und er Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India . Our responsibility is to express a conclusion on the Statem ent based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Cha1tered Accountants of India . This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement . A review of interim financial information consists of making inquiries, primaril y of persons responsibl e for financial and accounting matters , and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit . Accordingly , we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations , 2015, as amended, to th e extent app licable. Price Waterho use Chartered Acc ountants LLP, 252, Veer Savarka r Marg , Shi vaji Park , Dadar (West) Mumbai - 400 028 T +9 1 (22) 666975 10 R.q!l:->ltrnl uftice and Head urtii.:i: I I -A, \ ·1shnu D1gambcr Marg, Suchi:ta 8hawa11. Gate No 2 New Dt.:1111 - I I 000 2 Pm:r Waterhouse (a Pannersh1 p Finn) convened into Pnl"e \Va1c:rhousc Chanerrd :\ccounta111s LLP (a L1m1tcd L1abilny Panm:rsh1p with LLP idcnrny no LLPIN .-\:-\C-500 I) ,v11h c:ffect from July 25. 201 -t. Post its conversion to Pni;c \\iatcrhm1se Chanered Accoumant5 LI.P. its ICAI re!.!.1s tration number 1s OJ 275-lNiNSOOO \ 6 (IC.\! rcg1strat1on number bc:fon.: conversion was 012754N) ...
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Price Waterhouse Chartered Accountants LLP 4. The Statement includes the results of the following entities: • Navin Fluorine International Limited (Holding Company) • Manchester Organics Limited (Subsidiary) • NFIL (UK) Limited (Subsidiary) • Navin Fluorine (Shanghai) Co. Limited (Subsidiary) • Sulakshana Secmities Limited (Subsidiaiy) • Navin Fluorine Advanced Sciences Limited (Subsidiary) • NFIL USA Inc (Step down Subsidiaiy) • Swarnim Gujarat Fluorspar Private Limited (Joint venture) 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The consolida ted unaudited financial results include the interim financial information of 4 subsidiaries and 1 step -down subsidiary which have not been reviewed or audited by their auditors, whose interim financial results reflect total revenue of Rs. 11.24 Crores and total comprehensive income of Rs. 2.95 Crores for the quartrr ended June 30, 2026, as considered in the consolidated unaudited financial results. The consolidated unaudited financial results also include the Group's share of net (loss) after tax and total comprehensive loss of Rs. (25,000) for the quarter ended Jun e 30, 2026, as considered in the consolidated unaudited financial results, in respect of one joint venture based on their interim financial results, which have not been reviewed by their auditors . According to the information and explanations given to us by the Management, this interim financial result is not material to the Group. Our conclusion on the Statement is not modified in respect of the above matter. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Nitin Khatri Partner Membership Number: 110282 UDIN: 26110282KKYXNR4674 Place: Mumbai Date: August 05, 2026
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Annexure B N NAVIN FLUOR INE •-= PAD M AN AB H Int ernational Limit ed Navin Fluorine International Limited r9 MAF AT LAL • GROUP Regd. Office:602 , 6th Floor, Natraj by Rustomjee, 194, M.V. Road & Western Express Highway, Near Kanakia 351 Building, Andheri (East), Mumbai 400069. Te l: 91 22 6650 9999 , Fax: 91 22 6650 9800, Web site: www.nfil.in, Emai l : info@nfil.in, CIN: L24110MH1998PLC115499 UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE, 2026 (t in Cr ores ) Quarter ended Year ended Sr. No. Particulars 30th June, 2026 31st March, 2026 30th June, 2025 31st March , 2026 Unaudited Unaudited Unaudited Aud ited (Refer Note 2) 1 Revenue: (a) Revenue from operations 694.68 626 .51 542.95 2,301.84 (b) Other income 35 .84 19 .34 14 .87 87.53 Total Revenue (a+b) 730 .52 645.85 557.82 2,389.37 2 Expenses: (a) Cost of materia ls consumed 297.02 297.58 249 .54 1,029.84 (b) Changes in inventor ies of finished goods and (4.62) (21.34) (10.10) (3.55) work-in-progress (c) Employee benefits expen se 62.43 59 .12 54 .61 220 .94 (d) Finance costs 4.88 2.80 0.84 7.88 (e) Depreciation and amortisation expens e 21.10 22 .32 18.80 80.02 (f) Other expenses 94 .87 107.59 94 .70 391.05 Total expenses (a to f) 475.68 468.07 408.39 1,726.18 3 Profit t.efore exceptional item and tax ( 1 - 2) 254.84 177.78 149.43 663.19 4 Exceptional item (Refer Note 3) - 11.91 - (6 .93) 5 Profit before tax (3-4) 254.84 189.69 149.43 656.26 6 Tax expense 64.20 54 .66 36 .67 168.59 7 Profit after tax ( 5 -6) 190.64 135 .03 112.76 487.67 8 Other comprehensive income Items that will not be reclassified to profit and loss 0.2 7 (1.33) (1.08) (2 .90) (net of tax) 9 Total comprehensive income for the period (7+8) 190.91 133.70 111.68 484.77 10 Paid-up equity share capital (Face value oft 2/- 10 .26 10.25 9.92 10.25 per share) 11 Other equity 3,655.53 12 Earnings per share oft 2/- each (a) Basic(~) 37.18* 26.35* 22.74 * 96.03 (b) Di luted (~) 37.13* 26.31* 22 .70* 95.89 * (not annual ised) See accompanying notes to the Standalone financial results ~ .... 11\lTi=Cl'\l'I~ ~rstL'~~ 'VJ\t-1( ot\Se l.fl ill wre cJ Ace ( ~ ~~ ( 'l,'-e''<:-~\,LP \N AAC~- 5007 o,,/;~ -z,._ , ~ ~? r rt ~b-,1, 0- ~ ~ (>)'y v t--.. ·v /: \" "- * MUMs'Jlt\ *o cf 0/2754N/N S\l\l\l O * Mumbai *
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I. The results of the quarter ended 30th June 2026 were reviewed by the Audit Committee and approved by the Board of Directors of the Company in their respective meeting held on 5th August 2026. They have been subjected to limited review by the statutory auditors. 2. The figures for the quarter ended 31 st March 2026 are balancing figures between the audited figures in respect of the full financial year and the published year-to-date figures for the nine months period ended 31 st December 2025. 3. Pursuant to a notification issued by the Ministry of Labour and Employment, existing labour laws were consolidated into four Labour Codes ("New Labour Codes") with effect from 21 st November 2025. On implementation, the Company recognised an estimated incremental liability of z 18.84 crores for the quarter and nine months ended 31 st December 2025, disclosed as an "Exceptional Item". Based on a subsequent review and restructuring in accordance with the New Labour Codes and applicable rules, the liability was revised to z 6.93 crores for the year ended 3 pt March 2026, and the excess provision of z 11.91 crores was reversed in the financial results for the quarter ended 31 st March 2026. The Company continues to monitor notifications, rules and clarifications issued by State and/or Central Government authorities in relation to the New Labour Codes. Any financial impact arising from such developments will be evaluated and accounted for in the period in which they are notified. 4. The Company operates only in one Business Segment i.e. 'Chemical business' which constitutes single reportable segment in accordance with the requirements of Ind AS 108, 'Operating Segments'. For Navin Fluorine International Limited . Kulkarni Managing Director (DIN: 03042587) Mumbai, dated, 5th August 2026
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Price Waterhouse Chartered Accountants LLP To The Board of Directors Navin Fluorine International Limited 602, 6th Floor, Natraj by Rustomjee, 194, M.V. Road & Western Express Highway, Near Kanakia 351 Building, Andheri (East), Mumbai-400 069 1. We have reviewed the standalone unaudited financial results of Navin Fluorine International Limited (the "Company") for the quarter ended June 30, 2026, which are included in the accompanying 'Unaudited Standalone Financial Results for the Quarter Ended 30th June, 2026' (the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes . This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries , primaril y of persons responsible for financial and accounting matters, and applying analytical and other review procedures . A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 3. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Stat ement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations , 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 ~- Nitin Khatri Partn er Membership Number: 110282 UDIN: 26110282JIZVOO6913 Mumbai August 05, 2026 Price Waterhouse Chartered Accountants LLP, 252, Veer Savarkar Marg, Shivaji Park, Dadar (West) Mumbai - 400 028 T +9 I (22) 66697510 Regislered offic.: and Head offil.'.c 11 -A. V1slrnu D1gamber Marg, Suche1a Bhawan, Gate No 2. New Dell11 - 11 0002 Pncc Waterhouse {a l'annas hi p Finn ) convened into Price Waterhouse Chancred .-\ccountants LLP (a Limited Liabiiity Pannership with LLP identity no: LLPIN ·\AC-500 I) w11h effect from July 25, 2014. Post its conversion to Pnce Waterhouse Chanered Accountants LLP, its !CAI registration number is 0 I 2754N/N5000 f G (!CAI rl;!g1stration number l>t:fon: conversion was 012754N)
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Annexure C Capital expenditure of ₹90 crores for establishing adoption capacities to progress products forming part of Advanced Materials portfolio, from lab scale to commercial scale qualification: Sr. No. Particulars Details 1. Existing capacity Not Applicable 2. Existing capacity utilization Not Applicable 3. Proposed capacity addition Not Applicable 4. Period within which the proposed capacity is to be added Q2 of FY28 5. Investment required ₹90 Crores 6. Mode of financing Internal accruals 7. Rationale • Incubate new value accretive business vertical as a future growth driver. • Augment capabilities and cater to commercial scale qualification supplies.