Noteworthy Returns: How Navin Fluorine Surged By 14,413%

Published by Trinkerr Academy on

If you had invested ₹1 lakh in Navin Fluorine in November 2008, you could have had ₹1.45 crores today! This multibagger gave its investors 14,413% returns in 14 years. Let’s take a sneak peek at the company.

🧪 Stock Name: Navin Fluorine International Ltd.

🌱 About The Company
Established in 1967, Navin Fluorine International Ltd. (NFIL) is one of the largest and most respected Indian manufacturers of specialty fluorochemicals. It belongs to the Padmanabh Mafatlal Group – one of India’s oldest industrial houses. NFIL operates one of the largest integrated fluorochemical complexes in India, with manufacturing locations at Surat and Dahej in Western India and Dewas in Central India. Its R&D centre, Navin Research Innovation Centre, is also located in Surat, India.

NFIL has four main strategic business units:
◾ Refrigeration Gases
◾ Inorganic Fluorides
◾ Speciality Fluorides
◾ Contract Development and Manufacturing Organisation

🔎 Specialty
Its facility in Surat specialises in the manufacture of refrigerants and various organic and inorganic fluorides. The site is equipped with all the necessary technical capabilities to handle and process multiple complex chemistries at different scales of operation. Some of the key products produced in Surat include:
◾ Anhydrous Hydrofluoric Acid
◾ R-22
◾ Boron Trifluoride with its Adducts

It produces over 60 fluorinated products for domestic and international customers. More than 40% of its products are exported to North America, Europe, the Middle East and Asia-Pacific regions. Its clientele includes top-tier life sciences, crop protection, petrochemical and specialty chemical companies, with several of them being Fortune 500 companies.

💰 Stock Value
On November 5, 2008, the shares of the company were trading at ₹30.95, while they were priced at ₹4491.85 as of November 4, 2022.


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