Navin Fluorine Q2 profit soared 82% year on year to Rs 269 crore in the September 2026 quarter. Revenue from operations rose 57.1% to Rs 1,191 crore, and the company extended its HFO supply contract with Solstice Advanced Materials by four years.
Indian Chemical News reported the Q2 FY27 consolidated results on 30 October 2026.
What Were Navin Fluorine’s Q2 FY27 Results?
Net profit of Rs 269 crore compared with Rs 148 crore a year earlier and Rs 243 crore in Q1 FY27, a sequential rise of 10.7%. Revenue of Rs 1,191 crore compared with Rs 758 crore a year earlier and Rs 1,045 crore in Q1. EBITDA was Rs 407 crore, up 65.9% from Rs 246 crore, and the operating EBITDA margin was 34.3%, up 190 basis points from 32.4%. The company reported nine consecutive quarters of net profit expansion.
What Drove the Growth?
Management attributed revenue growth to higher volumes and better realisations, and margin gains to higher asset utilisation, favourable pricing and a richer mix in specialty fluorochemicals and CDMO. HFC realisations rose sequentially and pricing remained firm.
What Is the Solstice HFO Contract Extension?
The hydrofluoroolefin (HFO) supply contract with Solstice Advanced Materials US, Inc. was extended by four years. Total contract value is about $590 million, and the extension adds an estimated $180 million in revenue potential over the revised 11-year period.
Market Reaction and Industry Response
No market reaction or trade-body comment was found in the source reviewed.
What Happens Next?
An additional HFC capacity expansion of up to 15,000 metric tons per annum of R32 is set to be commissioned shortly, and capex is on schedule.
Frequently Asked Questions
What was Navin Fluorine’s Q2 FY27 net profit?
Rs 269 crore, up 82% from Rs 148 crore.
How large is the Solstice HFO contract?
About $590 million in total contract value, with an estimated $180 million added by the four-year extension.
What is Navin Fluorine’s new capacity addition?
Up to 15,000 metric tons per annum of R32, to be commissioned shortly.
Source: Indian Chemical News, 30 October 2026.
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