*Navin Fluorine International Ltd.* | *CMP* Rs. 3860 | *M Cap* Rs. 19101 Cr | *52 W H/L* 4213/2014
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Revenue from Operations came at Rs. 339 Cr (3.8% QoQ, 6.3% YoY) vs expectation of Rs. 342.3 Cr, QoQ Rs. 326.5 Cr, YoY Rs. 318.9 Cr
EBIDTA came at Rs. 84.2 Cr (8.2% QoQ, -7.2% YoY) vs expectation of Rs. 85 Cr, QoQ Rs. 77.8 Cr, YoY Rs. 90.7 Cr
EBITDA Margin came at 24.8% vs expectation of 24.8%, QoQ 23.8%, YoY 28.4%
Adj. PAT came at Rs. 63.2 Cr vs expectation of Rs. 61.1 Cr, QoQ Rs. 55.9 Cr, YoY Rs. 67.8 Cr
Quarter EPS is Rs. 12.8
Share is trading at P/E of 45.1x FY23E EPS