Navin Fluorine Share Price: Q4FY21 EBITDA grows 23% YoY - ICICI Securities says demanding valuation caps upside
Navin Fluorine Q4FY21 EBITDA grew 23% YoY on low base and steady performance in CRAMS and specialty chemicals. It expects specialty chemicals revenue growth in mid-teens for FY22. CRAMS will continue to grow albeit at a lower magnitude; it is sitting on projects for 25 molecules in phase 1 & 2
ICICI Securities says that Navin Fluorine has guided for a mid-teens growth in specialty chemicals for FY22 largely driven by debottlenecking of few capacities: Reuters