External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Navin Fluorine International / Equity Bottom-Up

<ul><li>Navin Fluorine International Ltd. (NFIL) top line was up 24% YoY at 419 Cr on account of strong performance in Specialty Chemicals and traditional business.</li><li>EBITDA came in at 94 Cr, up 11.5% YoY (est. 114 Cr), as company suffered operational glitch due to one of supplier, because of which the company had to buy the raw material from spot market and operations were interrupted affecting operational efficiency.</li><li>Effectively PAT came in at 58 Cr which was down 9% YoY (Est 74 Cr). Going ahead, NFIL’s CDMO business is expected to rebound in H2FY23.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Navin Fluorine International Ltd. (NFIL) top line was up 24% YoY at 419 Cr on account of strong performance in Specialty Chemicals and traditional business.EBITDA came in at 94 Cr, up 11.5% YoY (est. 114 Cr), as company suffered operational glitch due to one of supplier, because of which the company had to buy the raw material from spot market and operations were interrupted affecting operational efficiency.Effectively PAT came in at 58 Cr which was down 9% YoY (Est 74 Cr). Going ahead, NFIL’s CDMO business is expected to rebound in H2FY23.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Navin Fluorine International Ltd. - Growth Across All Verticals, Strong Execution