Jefferies has maintained its buy rating on Navin Fluorine with a target price of ₹7,800 per share, citing multiple growth drivers that could support strong earnings visibility in the coming years.
The brokerage highlighted that contract development and manufacturing organisation (CDMO) opportunities remain a key growth lever for the company, providing long-term revenue visibility as demand for outsourced specialty chemical manufacturing continues to expand.
Jefferies also pointed to promising data centre cooling solutions and strong hydrofluorocarbon (HFC) volume growth, which could further support the company’s expansion in high-value specialty chemical segments.
In addition, the brokerage noted that potential new molecules in specialty chemicals could strengthen Navin Fluorine’s long-term growth prospects, anchoring its expansion strategy in advanced chemical products.
Jefferies expects the company to deliver over 20% revenue compound annual growth rate (CAGR) between FY26 and FY28, while maintaining EBITDA margins of around 30% during the same period.
Disclaimer: The views and investment tips expressed above are those of the brokerage and do not represent the views of this publication. This article is for informational purposes only and does not constitute investment advice.