Gujarat Fluorochemicals Ltd
NSE:FLUOROCHEM

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Gujarat Fluorochemicals Ltd
NSE:FLUOROCHEM
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Price: 3 468.3999 INR -1.66%
Market Cap: 381B INR

Gujarat Fluorochemicals Ltd
Investor Relations

Nestled in the dynamic landscape of India's industrial sector, Gujarat Fluorochemicals Ltd. (GFL) has carved a niche as a formidable player in the chemical manufacturing arena. Originally the chemical arm of the INOX Group, GFL has evolved significantly since its inception. The company specializes in the production of fluorochemicals, leveraging cutting-edge technology and an extensive understanding of chemical engineering. This specialization in fluorochemicals forms the backbone of its business, serving as critical inputs for a myriad of industries such as pharmaceuticals, automotive, and refrigeration. By focusing on this niche, GFL has not only diversified its product portfolio but also fortified its position in both domestic and international markets, balancing its revenue streams across a spectrum of industrial applications.

GFL’s business model capitalizes on the strategic integration of its operations, from raw material sourcing to the production of diverse fluorochemical products. This integration ensures a competitive pricing strategy, allowing the company to maintain robust relationships with its clientele. Alongside its production prowess, GFL is committed to sustainability and innovation, consistently investing in research and development to refine its processes and expand its product offerings. By doing so, the company manages to stay ahead of regulatory challenges and environmental norms, enhancing its long-term viability. Amidst an era of growing environmental consciousness, GFL's proactive approach towards sustainability not only boosts its corporate image but also underpins its profitability, weaving a narrative of resilience and adaptability in a rapidly changing industrial landscape.

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FLUOROCHEM
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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 11, 2025
AI Summary
Q2 2026

Revenue Growth: Chemical segment revenue reached INR 1,210 crores, up 2% year-on-year, despite challenges from U.S. tariffs.

Profitability: EBITDA rose 26% to INR 381 crores, with a margin of 32%, expanding by 608 basis points YoY; PAT jumped 51% to INR 198 crores.

Margin Drivers: Margin improvement was driven by better product mix, cost optimization, and lower power costs, with management expecting further improvement.

Battery Materials Outlook: Battery materials segment saw higher LiPF6 prices (from $10/kg to $17/kg); commercial sales are expected to start in Q4 FY26 and EBIT breakeven targeted for FY27.

R32 Expansion: R32 capacity expansion to 20,000 tonnes is on track for the end of FY26, with high utilization expected due to strong demand.

CapEx Plans: INR 1,200 crores CapEx for battery chemicals in FY26 is on track; FY27 CapEx is projected at around INR 1,500 crores.

Tariff Impact & Strategy: U.S. tariffs negatively impacted fluoropolymer and fluorochemical sales, but management is focusing on alternate markets and expects adjustment over time.

Working Capital: Working capital days have increased due to inventory build-up for new business lines and export-focused models, with some moderation expected as new businesses scale.

Key Financials
Revenue (Chemicals segment)
INR 1,210 crores
EBITDA
INR 381 crores
EBITDA Margin
32%
PAT (Chemicals segment)
INR 198 crores
CapEx (Battery Chemicals FY26)
INR 1,200 crores
CapEx (Battery Chemicals FY27 projection)
INR 1,500 crores
LiPF6 price
$17/kg
R32 capacity target
20,000 tonnes
Working capital days
182 days
Earnings Call Recording
Other Earnings Calls

Management

Mr. Vivek Kumar Jain
MD & Non-Independent Director
No Bio Available
Mr. Niraj Kishore Agnihotri
Whole-Time Director
No Bio Available
Dr. Bir Kapoor
Deputy MD & Director
No Bio Available
Mr. Akhil Jindal
Group Chief Financial Officer
No Bio Available
Mr. Anil V Killarikar
Chief Operations Officer
No Bio Available
Mr. Vitthal Genbhau Gund
Chief Technology Officer & President-R&D
No Bio Available
Mr. Saurabh Gupta
Group Chief Digital & Information officer
No Bio Available
Mr. Bhavin Vipin Desai
Company Secretary & Compliance Officer
No Bio Available
Mr. Kallol Chakraborty
Head of Group Corporate Human Resources
No Bio Available

Contacts

Address
UTTAR PRADESH
Noida
INOX Towers, Plot No. 17, Sector 16-A
Contacts
+911206149600
www.gfl.co.in