Interim report
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October 30, 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 October 30, 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 and half year ended September 30, 2026. In this regard, please find enclosed the following: • Unaudited Consolidated Financial Results in the prescribed form along with Limited Review Report thereon received from Price Waterhouse Chartered Accountants LLP, Statutory Auditors - Annexure A • Unaudited Standalone Financial Results in the prescribed form along with Limited Review Report thereon received from Price Waterhouse Chartered Accountants LLP, Statutory Auditors - Annexure B 2. Interim Dividend for the Financial Year 2026-27: The Board has declared an Interim Dividend of ₹ 8/- (INR eight rupees only) per equity share of the face value of ₹2/- each (i.e. 400% of the face value) for the Financial Year 2026-27. 3. Record Date: In accordance with Regulation 42 of SEBI Listing Regulations, Thursday, November 05, 2026 has been fixed as the Record Date for ascertaining eligibility for the payment of Interim Dividend declared by the Board for the Financial Year 202 6-27. The Interim D ividend will be paid on or after November 26, 2026.
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4. Final reminder for final call on 8,060 partly paid equity shares of face value ₹ 2/ - each (on which ₹ 1/- per equity share is paid): Currently, the Company has 8,060 partly paid equity shares of face value ₹ 2/- each, on which ₹ 1/ - per equity share is paid and, in this respect, t he Board has approved sending final reminder for final call money along with interest to be paid at the determined rate. In case of non-receipt of call money and interest within the time prescribed in the final reminder, such partly paid equity shares shall be forfeited. The Meeting of the Board of Directors commenced at 12:4 5 P.M. (IST) and concluded at 02:45 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 C.C.: 1) National Securities Depository Limited 4th Floor, “A” Wing, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (West), Mumbai 400013 2) Central Depository Services (India) Limited Marathon Futurex, A Wing, 25th Floor, Mafatlal Mills Compound, NM Joshi Marg, Parel, Mumbai 400013 3) KFin Technologies Limited Selenium Building, Tower B, Plot No. 31 & 32, Gachibowli, Financial District, Nanakaramguda, Serilingampally, Hyderabad 500032
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N NAVIN FLUORINE Navin Fluorine International Limited ••:: 21•'\D'v1,~.f,J/\ 8H Int er national Limit ed ••• "AFATL A L Regd . Office: 602, 6th Floor, Natraj by Rustomjee, 194, M.V. Road & Western Express Highway, Near Kanakia 351 Building , : •oRC'L'D Andheri (East), Mumbai 4 00069 . Tel: 91 22 6650 9999, Fax: 91 22 6650 9800, Website: www.nfll.in, Email : info@nfil.in, CIN : L24110MH1998PLC115499 STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER , 2026 ( f in crores) Quarter ended Half year ended Year e nd ed Sr. Pa rticulars 30th September, 2026 30th June, 2026 30th September, 2025 30th September , 2026 30th Sept e mber, 2025 31st March, 20 26 No. Unaudited Unaudited Unaudited Unaudited Unaudit ed Audited 1 Revenue: (a) Revenue from operations 1,190 .74 1,045.08 758.42 2,235.82 1,483.82 3,3 13.90 {b) Other income 15.60 35.09 18.21 50.69 32.12 65.29 Total Revenue (a+b) 1,206.34 1,080.17 776.63 2,286.51 1,515.94 3,379.19 2 Expenses: (a) Cost of materials consumed 534.67 442.24 297.00 976.91 603.82 1,387 .71 (b) Purchases of stock-in-trade 4.15 1.87 2.48 6.0 2 6.54 10.74 ( c) Changes in inventories of finished goods, work -in- (25.39) 5.64 13.42 (19.75) 10. 25 (22 .05) progress and stock- In-t rade (d) Employee benefits expense 94.46 86.57 73.04 181.03 150. 61 307.27 (e) Finance costs 28.72 32.12 30.30 60.84 60. 65 117.85 (f) Deprec iation and amort isation expense 42 .77 41.68 36.58 84.45 71. 82 149.20 (g) other expe nses 175.40 151.69 126.31 327.09 259 .64 548.55 Total expenses ( a to g ) 854.78 761.81 579.13 1,616 .59 1,163.33 2,499.2 7 3 Profit before exceptional item and tax ( 1-2) 351.56 318 .36 197.50 669 .92 3 5 2.61 879 .92 4 Exceptional items (Refer Note no SJ - (6.75) 5 Profit before tax (3+4) 351.56 318.36 197.50 669 .92 352 .61 873.17 6 Tax expense 82.32 75.05 49.13 157.37 87 .07 209.61 7 Profit after tax (5-6) 269 .24 243 .31 148.37 512 .55 265 .54 663 .56 8 Share of Loss from a Joint Ventur e (net) (0.01) * * (0 .01) (0 .01) (0.01) 9 Total profit for the period / year (7+8) 269.23 243.31 148.3 7 512.54 265 .53 663.55 10 Other comprehensive income (a) Items that will not be reclassified to profit and loss (net of tax) 0.46 0.36 / 1.26) 0.82 /2 .53 ) (3 .29 ) (b) Items that may be reclassified to profit and loss 0.62 (0 .13) 0.65 0.49 2.36 4.46 Total other comprehensive income (a+b) 1.08 0.23 (0.61) 1.31 (0.17) 1.17 11 Total comprehensive income for the period (9+10) 270.31 243 .54 147 .76 513 .85 265.36 664.72 12 Paid-up equity share capital (Face value of f 2/- 10.26 10.26 10.25 10.26 per share) 10.25 10 .25 13 other Equity 3,964.33 14 Earnings per share (EPS) of f 2/- each (a) Basic ( ~) 52.48 ** 47.45** 29.06 ** 99.93 ** 5 2.76 ** 130.67 (b) Diluted ( ~) 52.41 ** 47.39** 29.02** 99.80 ** 52.69 ** 130.4 7 ** (not annualised) *Amounts are below rounding off norms adopted by the Group. See accompanying notes to the Consolidated financial results Annexure A
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Note : 1 Unaudited Consolidated Statement of Assets and Liabilities (Amoun t i/ in crores unless otherwise stated) Particula rs ASSETS Non-current assets a. Propert y, plant and equipment b. Right-of-use assets C. Capital work -in -prog ress d. I nvestment properties e. Goodwill f. Intangible assets g. Intangible assets under deve lopment h. Financial assets i. Investment accounted for using th e equity method ii. In vestments iii. Loans iv. Other financial assets i. Non-cur rent tax assets (net ) j Other non-cur rent assets Total non -current assets Current Assets a. Invent ories b. Financial asset s i. In vestments ii. Trade recei vables iii. Cash and cash equi valents iv . Bank balances other than (iii ) above v. Loans vi Other financia l assets C. Other current assets Total current assets Total assets EQUITY AND LIABILITIES Equity a. Equit y share capital b. Other equit y i. Reserves and surplus ii. Other reserves Total equity Liabilities Non-current liabilities a. Financial liabilities i. Borrowings ii. Lease liabilities b. Provisions C. Defer red tax liabilities (net) d. Other non-current liabilities e. Contract liabilities Total non-current liabilities Current liabilities a. Financial liabilities i. Borrowings ii. Lease liabilities iii Trade payables - Total outstanding dues of micro enterprises and small enterprises - Total outstanding dues of creditors other than micro enterpris es and small enterprises iv. Other financial liabilities b. Contract liabilities C. Provisions d. Current tax liabilities (net) e. Other current liabilities Total current liabilities Total liabilities Total equity and liabilities As at As at September 30, 2026 March 31 , 2026 Unaudited Audited 3,192.41 3,112.84 60.1 9 65 .34 3 17.29 143.28 47.68 48.25 87.76 87.76 8.81 9.47 - 0.7 0 0.71 4. 86 4.62 0. 30 0.16 71. 93 79.30 27 .52 2 1.42 8.2 4 20 .59 3,827 .69 3,S93.74 431.28 445. 56 1,272.43 1,22 3 .70 889 .19 751. 79 48.50 22.55 88 .60 74.32 0 .19 0 .15 60 .31 45.65 212.40 221.66 3,002.90 2,78S.38 6,830.59 6,379.12 10.26 10 .25 4,289 .20 3,801.94 162 .88 162 .39 4,462.34 3,974 .58 901.99 940 .01 28.13 32.36 14.63 11.06 167.77 136.88 91.09 73.07 138.79 143 .11 1,342. 4 0 1,336.49 305.12 286.34 12 .62 13.04 40.10 58 .77 484 .92 470 .50 87 .66 94 .37 32.42 68.42 5.39 5.43 2.38 0.39 55.24 70.79 1,025.85 1,068.05 2,368.25 2,404.54 6,830.59 6,379.12 :-·- ,I.., C l1 .l ~ ~(;)1.\- -=----~ t~•' cc ~---- -
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Note: 2 Unaudited Consolidated Statem ent of Cas h Flow s for th e hal f year ended 30th Sep t ember , 2026 (Amount ? in crores unless otherwise stated) Particulars For the period ended Septembe r 30, 2026 Unaudited Cash flo w s from opera ti ng activ it ies Profit before tax 669 .92 Adj ustme nts for : Depreciation and amortisa tion expense 84.45 Loss on sale / write off of property, plant and equip ment - (Gain) on sale of investments {Net) (30 .74) Changes in fair value of financial assets at fa,r value through profit or loss (8.68) Emp loyee Share -based payment expense 0.77 Gain on lease termination (0 .06) Finance Costs 60. 84 Intere st incom e (3 .80) Lease rental income on investment prop erties (5 .28 ) Net (Gai n) / Loss on foreign currency tran sact ions 4 .23 Dividen d income (0 .02) Excess provis ion/ liabi lities written back (0.59) Provision for doubtful debts 0.01 Operating profit before changes in ope rating assets and liabilities 771.05 Adjustments for : Decrease/ (I ncrease) in trade rece ivables (145.93) Decrease / (Increase) in invento ries 14 .28 Decrease / (Increase) in other assets (14 .32) I ncrease / (Decrease) in t rade and other payables (37 .77) Cash generated from operations 587 .31 Inco me taxes paid (net of refu nds) (130.85) Net cash generated from operating activities 456.46 Cash flows from investing activit ies Payments for property, plant and equipment (including capital (3 18.84) wo rk-in -prog ress and capital adva nces) Payments for inta ngible assets (incl uding intangib le assets under (0.44) deve lop ment ) Proceeds from sale of property, plant and equip ment 0. 24 Decrease/ (I ncrease) in deposi ts wi th banks (4 .19) Paymen ts for purchase of investments (1,191.50) Proceeds from sale of investments 1,18 1.95 Lease renta l income on invest ment pro perti es 7.28 Dividend received 0.02 I nterest rece ived 3.80 Net cash used in investing activities (321.68) Cash f lows from financing activ ities Principal eleme nts of lease payme nts (8 .53) Proceeds from issue of equit y share capita l includi ng securi ties premium -(net of expenses) Proceeds from allotment of Employ ee Stock Option Plan (ESOP) 17 .25 Repayment of lon g te rm borrow ings (49 .85) Proceeds fro m long te rm borrowing s 23.65 Net (Repayme nt)/ Procee ds from short term borrow ing s 7. 04 Divide nd paid (44 .11) I nte rest paid (54.28) Net cash (used in) /generated from financing activities (108.83) Net Increase in cash and cash equivalents 25.95 Cash and cash equ ivalents at the beginning of th e period 22. 55 Cash and cash equivalents at the end of the period 48.50 For the period ended Sept embe r 30 , 2025 Unau dited 352 .6 1 71.82 0 .06 {11.07) ( 11.10) 3.22 - 60. 65 {1.65) (6 .89) (2 .02) (0.03) (0.23) (0 .01) 455.36 (106.24) (35 .53) (92 .93) 126.01 346 .67 (65 .79) 280.88 (300.7 1) (3.74) 0.24 (2 .65) (1, 11 0.95) 8 14 .79 7 .02 0.03 1. 65 (594 .32) (5.77) 733.47 7.52 (408 .34) 302 .91 (1 9 1.47 ) (3 4.71 ) (60.67) 342.94 29.50 19 .68 49.18
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3. The results of the quarter and half year ended 30th September 2026 were reviewed by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 30th October 2026. These have been subjected to limited review by the statutory auditors. 4. The Board of Directors of the Company declared an interim dividend of~ 8.00 per share (400%) on equity shares of nominal value of~ 2.00 each for the financial year 2026-27. 5. 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 2l5t November 2025. The Group recognised the liability of~ 6.75 crores for the year ended 31st March 2026, disclosed as an "Exceptional Item". 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. 6. 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 100% subsidiary of NFIL (UK) Limited, two Indian subsidiaries - Sulakshana Securities Limited and Navin Fluorine Advanced Sciences Limited and a joint venture company - Swamim Gujarat Fluorspar Private Limited. 7. 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 108, 'Operating Segments'. Nitin G. Kulkarni anaging Director (DIN: 03042587) Mumbai, dated, 3(Jh October 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 consolidated unaudited financial results of Navin Fluorine International Limited (the "Holding Company"), its subsidiaries (the Holding Company and its subsidiaries (including step down subsidiary) hereinafter referred to as the "Group"), and its share of the net loss after tax and total comprehensive loss of its joint venture for the quarter ended September 30, 2026 and the year to date results for the period April 01, 2026 to September 30, 2026 and the notes that include the Unaudited Consolidated Statement of Assets and Liabilities as on that date and the Unaudited Consolidated Statement of Cash Flows for the half-year ended on that date which are included in the accompanying 'Statement of Unaudited Consolidated Financial Results For The Quarter And Half Year Ended 30th September, 2026' (the "Statement") . The Statement is being submitted by the Holding Company pursuant to the requirement 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 the responsibility of the Holding Company's Management and has been approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting", 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. 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 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 conSP.<JllP.ntly noP.c; not P.nahlP 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 the extent applicable. Registered office and Head office: 11-A. Vishnu Digamber Marg, Sucheta Bhawai1, Gate No 2. New Delhi - 110002 Price Wa1erhouse (a Partnership Finn) convened into Price Waterhouse Chanered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-500 I) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registration number is OJ 2754NiN500016 (IC Al regis1ration number before conversion was 0 I 2754 N)
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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 Securities Limited (Subsidiary) • Navin Fluorine Advanced Sciences Limited (Subsidiary) • NFIL USA Inc (Step dovm Subsidiary) • Swarnim Gujarat Fluorspar P1ivate 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 consolidated unaudited financial results include the interim financial results of 4 subsidiaries and 1 step-down subsidiary which have not been reviewed or audited by their auditors, whose interim financial results reflect total assets of Rs.149.82 Crores and net assets of Rs.124.88 Crores as at September 30, 2026 and total revenue of Rs. 11.67 Crores and Rs. 22.91 Crores, total net profit after tax and total comprehensive income of Rs.0.84 Crores and Rs. 3.79 Crores for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026, respectively, and cash flows (net) of Rs.0-46 Crores for the period from April 01, 2026 to September 30, 2026, as considered in the consolidated unaudited financial results. The consolidated unaudited financial results also include the Group's share of net profit after tax and total comprehensive loss of Rs. (25,000) and Rs. (50,000) for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026, respectively, as considered in the consolidated unaudited financial results, in respect of one joint venture based on its interim financial results, which have not been reviewed by its auditors. According to the information and explanations given to us by the Management, this interim financial results 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: 26110282ZZAWQK:2789 Place: Mumbai • Date: October 30, 2026
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J~r NAVIN FLUORINE Navin Fluorine International Limited ••• PA DM Ai'IAC,H • •• "J International Limited Regd. Office:602, 6th Floor, Natraj by Rustomjee, 194, M.V. Road & Western Express Highway , Near Kanakia 351 Building , ••• fV /\1-/\l L /\L • GRO U P Andheri (East), Mumbai 400069 . • Tel: 91 22 6650 9999, Fax: 91 22 6650 9800, Website: www .nfil .in, Email : info @nfil.in, CIN : L24110MH1998PLC115499 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2026 ( ~ in Cro res ) Quarter ended Half year ended Year e nded Sr. Particulars No. 30th September, 2026 30th June, 2026 30th September, 2025 30th September, 2026 30th Se ptember, 2025 31st Marc h, 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audit ed 1 Revenue : (a) Revenue from operations 737,26 694 .68 562.37 1,431.94 1,105 .32 2,30 1.84 (b) Other Income 52,57 35,84 33.45 88.41 48,32 87. 53 Total Revenue (a+b) 789.83 730.52 595.82 1,520.35 1,153.64 2,389.37 2 Expenses: (a) Cost of materials consumed 331.96 297 .02 234 .97 628,98 484.51 1,029.8 4 (b) Changes in inve ntories of finished goods and (8.15) (4.62) 16.11 (12.77) 6.01 (3.55) work-i n- progress (c) Employee benefits expense 66 .08 62.43 52.61 128.51 107.22 220.94 (d) Finance costs 2.10 4.88 2.08 6.98 2.92 7.88 (e) Depreciation and amo rti sation expense 21.68 21.10 19.76 42,78 38. 56 80.02 (f) Other expenses 109.53 94.87 93,74 204.40 188.44 39 1.05 Total expenses (a to f) 523.20 475 .68 419.27 998.88 827. 6 6 1,726.18 3 Profit before exceptional item and t ax (1 - 2) 266.63 254.84 176.55 521.47 325.98 663.19 4 Exceptional item (Refe r Note 5) (6.93 ) 5 Profit before tax (3-4) 266.63 254.84 176.55 521.47 325.98 6 56. 26 6 Tax expense 62.06 64.20 42.54 126.26 7 9.21 168 .59 7 Profit after tax (5- 6) 204.57 190.64 134.01 395.21 246 .77 487.67 8 Other comprehensive income Items that will not be reclassified to profit and loss 0.43 0.27 (1.27) 0.70 (2 .35) (2 .90) (net of tax) 9 Total comprehensive income for the period (7+8) 205.00 190.91 132.74 395.91 244.42 484.77 10 Paid - up equity share capital (Face value of~ 2/- 10.26 10.26 10.25 10.26 10.25 10. 25 oer share) 11 Other equ ity 3,655 .53 12 Earnings per share of , 2/- each (a) Basic (~) 39.88 * 37.18 * 26.25* 77.05 * 49.03* 96.03 (b) Diluted m 39.82 * 37.13 * 26.21* 76.95 * 48.97* 95 .8 9 * (not annualised) See accompanying notes to the Standalone financial results Annexure B
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Note: 1 Unaudited Standalone Statement of Asse ts and Liab ilities (Amount a/ in crores unless otherwi se stated) Particulars ASSETS Non-Current Assets a. Property, plant and equipment b. Right-of -use assets c. Capital work-i n-prog ress d. Intangible assets e. Investme nt properties f. Financial assets i. I nvest ment in Subsidiaries and Joint Vent ure ii. I nvestm ents iii. Loans iv. Oth er finan cial assets g. Non-c urren t tax assets (net) h. Other non-cu rrent assets Total Non-Current Assets Current Assets a. I nventories b. Financial asset s i. In vestments ii. Trade receivables iii. Cash and cash equi valents iv. Bank balan ces other th an (iii) above V. Loans vi. Other financ ial asset s c. Other current assets Total Current Assets Total Assets EQUITY AND LIABILITIES Equity a. Equit y share capital b. Other equit y i. Reserves and surplus ii. Other rese rves Total Equity Liabilities Non-Current Liabilities a. Financial liabilities - lease liabilitie s b. Contract liabilities c. Provisions d. Deferred tax liabilities (net) e. Other non-current liabilities Total Non-Current Liabilities Current Liabilities a. Financial liabilities i. Borrowings ii. Lease liabilit ies iii. Trade payables - Total outstanding dues of micro enterprises and small enterpr ises - Total outstanding dues of creditors other than micro enterpr ises and small ent erprises iv. other financ ial liabilities b. Contract liabilities c. Provisions d. Current tax liabilities (net) e. Other current liabilities Total Current Liabilities Total Liabilitie s Total Equity and Liabilities As at As at September 30, 2026 March 31, 2026 Unaudited Audited 8 12 .45 819.17 38 .23 42 .61 302 .79 64.44 6.7 1 7.08 36 .84 37.27 1, 143 .69 1,143.69 4 .86 4.6 2 0.11 0.16 2 1.39 22 .70 25 .65 19 .76 7.7 9 15 .88 2,400.51 2,177.38 195 .89 199 .41 1,26 9. 03 1,2 10.40 648 .93 600. 32 29 .93 10. 52 66.34 54 .35 76.11 50. 37 29.98 36 .95 109 .86 50.1 7 2,426.07 2,212.49 4 ,826.58 4,38 9.87 10.26 10.25 3,874 .29 3,504.4 8 151.05 151.05 4,035.60 3,665.78 28 .08 32.30 46.90 48 .13 7.75 5.52 68.38 61.57 32.50 13.42 183.61 160 .94 - 0.10 11.58 11.4 7 17.31 43.75 4 70.24 406 .22 58 .01 40.92 9.39 13 .38 4 .84 5 .14 1.97 0.39 34 .03 41.78 607.37 563 .15 790.98 724 .09 4,82 6 .58 4,389.87
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Note: 2 Unaud ited Sta ndal one statement of cas h flows for the ha lf year en ded 30th September , 2026 (Amoun t ~ in crores unless othe rwise stated) Particular s For t he pe riod en ded Sep tem ber 30, 2026 Una udited Cash f lows from opera ti ng acti vit ies Profit befo re ta x 521 .47 Adj ustments for : Depr eciation and amo rtisat ion expens e 42.78 Loss on sale/ wri te off of property, plant and equi pment - (Gain) on sale of investments (net) ( 30 .67 ) Changes in fair value of fina ncial assets at fair value thro ugh profit or loss (8 .57 ) Employee Share-based payment expense 0.77 Finance costs 6.98 Interest income (6.10 ) Lease ren ta l income on investmen t properties (5.00 ) Net loss on fo reign cur rency transacti ons 0.76 Dividend income (33.3 1) Provision / (writte n back) for doubtf ul loans and advances - Excess pro vision/ liabil ities written back (0.59) Gain on lease term ination (0 .03) Operating profit before changes in operating assets and liabilities 488.49 Adju stmen ts for : Decrease / (Increase) in trade receivables (51. 50) Decrease/ (Inc rease) in inventories 3.52 Decrease/ (Inc rease) in oth er assets (6 5.59 ) In crease/ ( Decrease) in trade and other pay ables 50 .43 Cash gene rated from operations 4 25.35 Income taxes paid (net of refunds) (123 .98) Net cash generated from operating activit ies 301.37 Cash flows from investing activ ities Payme nts for property, plant and equ ipme nt (includ ing capital -work-in -progress (239 . 71 ) and capita l adva nces) Payments for inta ngible assets (including inta ngible asset s und er developme nt) (0 .36) Proceeds from sale of propert y, plant and equipment & intangible assets 0.07 Decrease/ (I ncrease) in depos its with banks 0.78 I nter corpo rate deposits given to subsid iaries (2 5.00) Payme nts for purchase of invest men ts (1,166 .50 ) Amount invested in subsidiaries - Proceeds from sale of investme nts 1, 146 .87 Lease renta l income on investment prop erties 5.08 Dividend received 33 .31 Interest received 2.66 Net cash used in investing activities (242.80) Cash flows from financing activities Net proceeds from short term borrowi ngs (0.10 ) Principa l eleme nts of lease paym ents (8 .0 1) Proce eds from issue of equ ity share capital includ ing securities premium -(net of expenses) Proceeds from allotme nt of Employee Stock Optio n Plan (ESOP) 17.2 5 Dividend paid (44 .11 ) I nterest paid (4 .19) Net cash (used in) / generated from financing activities (39.16) Net Increase in cash and cash equivalents 19.41 Cash and cash equivalents at t he beginning of the period 10.5 2 Cash and cash equivalents at the end of the period 29.93 For the period ended Sep t embe r 30, 2025 Una udit ed 325 .98 38 .5 6 0 .04 (11.07 ) (10.9 1) 3.22 2. 92 (2. 19) (4.73) (0.60) (14 .59) (0.01) (0.23) - 326.39 (67 .9 2) ( 15.51 ) (29 .03 ) 37 .12 251.05 (6 5.06) 185.99 (109 .37 ) (3. 70 ) 0.21 (0.12) (25 2.27 ) (1 ,110.95 ) (200 .00 ) 814 .78 4. 83 14 .59 2.19 (839.81) (16.47) (5.25) 733.4 7 7 .52 (34 . 71 ) (2. 92 ) 681.64 27 .82 3.06 30.88
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3. The results of the quarter and half year ended 30th September 2026 were reviewed by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 30th October 2026 . These have been subjected to limited review by the statutory auditors. 4. The Board of Directors of the Company declared an interim dividend of< 8.00 per share (400%) on equity shares of nominal value of< 2.00 each for the financial year 2026-27. 5. 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 2151 November 2025. The Company recognised the liability of <'6.93 crores for the year ended 31st March 2026, disclosed as an "Exceptional Item". 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 . 6. 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'. Nitin G. Kulkarni Managing Director (DIN: 03042587) Mumbai, dated, 3(f" October, 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- 400069 1. We have reviewed the standalone unaudited financial results of Navin Fluorine International Limited (the "Company") for the quarter ended September 30, 2026 and the year to date results for the period April 01, 2026 to September 30, 2026, and the notes that include the Unaudited Standalone Statement of Assets and Liabilities as on that date and the Unaudited Standalone Statement of Cash Flows for the half-year ended on that date which are included in the accompanying 'Statement of Unaudited Standalone Financial Results for the Quarter And Half Year Ended 30th September, 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, primarily 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 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. For Price Waterhouse Chartered Accountants LLP F~ t~ Number: 01275<)N/N500016 Nitin Khatri Partner Membership Number: 110282 UDIN: 26110282EFJIBP7317 Place: Mumbai Date: October 30, 2026 Price Waterhouse Chartered Accountants LLP, Nesco IT Building III, 8th Floor, Nesco IT Park, Nesco Complex, Gate No. 3 Western Express Highway, Goregaon East, Mumbai 400 063 T:+91(22)61197810 Registered office and Head office: 11-A. Vishnu Digamber Marg, Sucheta Bhawan, Gate No 2. New Delhi - 110002 Price Waterhouse ( a Partnership Finn) conve11ed into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-500 I) with effect from July 25, 20 14. Post its conversion to Price Waterhouse Chartered Accountants LLP, its !CA I registration number is 0 127541 /N500016 (!CAI registration number before conversion was 0 12754N)