Navin Fluorine International profit increased 21.02% in (Q2) FY 2020-21

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Team Infinities:

Navin Fluorine International Limited NSE Symbol:NAVINFLUOR, BSE Security Code:532504 has declared its 2nd(second) quarter unaudited consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
328.58 251.13 282.13 579.71 540.52
Calculated Revenue of Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
77.45 30.84%(Revenue Increase) 46.45 16.46%(Revenue Increase) 39.19 7.25%(Revenue Increase)

Revenue: Navin Fluorine International Limited's financial report shows that the company's revenue increased by 30.84% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.77.45 crores, as the company posted revenue of Rs.328.58 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.251.13 crores.
The result also shows that the company's revenue increased by 16.46% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue increase of Rs.46.45 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.282.13 crores.
The company also reported that its revenue increased by 7.25% in 6 months end(April, 2020 - September, 2020) for revenue increase of Rs.39.19 crores, since the company reported revenue of Rs.579.71 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.540.52 crores.

Gross Margin(%) Reported by Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
50.36 61.27 55.25 54.75 52.79
Calculated Gross Margin(%) of Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
10.91 17.81%(GM Decrease) 4.89 8.85%(GM Decrease) 1.96 3.71%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 17.81% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 10.91% GM decrease, as the company reported 50.36% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 61.27% GM.
The result also indicates, the company's GM decreased by 8.85% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 4.89% GM decrease; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 55.25% GM.
The company also reported that its GM increased by 3.71% in 6 months end(April, 2020 - September, 2020) for 1.96% GM increase, since the company reported 54.75% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 52.79% GM.

EBITDA Reported by Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
103.78 93.07 78.12 196.84 149.59
Calculated EBITDA of Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
10.71 11.51%(EBITDA Increase) 25.66 32.85%(EBITDA Increase) 47.25 31.59%(EBITDA Increase)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 11.51% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.10.71 crores, as the company posted EBITDA of Rs.103.78 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.93.07 crores.
The result also shows that the company's EBITDA increased by 32.85% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.25.66 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.78.12 crores.
The company also reported that its EBITDA increased by 31.59% in 6 months end(April, 2020 - September, 2020) for EBITDA increase of Rs.47.25 crores, since the company reported EBITDA of Rs.196.84 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.149.59 crores.

Profit and Loss Reported by Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
67.81(Profit ) 56.03(Profit ) 47.34(Profit ) 123.84(Profit ) 90.47(Profit )
Calculated Profit and Loss of Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
11.78 21.02%(Profit Increase) 20.47 43.24%(Profit Increase) 33.37 36.89%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 21.02% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.11.78 crores, as the company posted profit of Rs.67.81 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.56.03 crores.
The result also shows that the company's profit increased by 43.24% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit increase of Rs.20.47 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.47.34 crores.
The company also reported that its profit increased by 36.89% in 6 months end(April, 2020 - September, 2020) for profit increase of Rs.33.37 crores, since the company reported profit of Rs.123.84 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.90.47 crores.

EPS Reported by Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
13.70 11.32 9.57 25.03 18.29
Calculated EPS of Navin Fluorine International Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
2.38 21.02%(EPS Increase) 4.13 43.16%(EPS Increase) 6.74 36.85%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 21.02% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.2.38, as the company posted EPS of Rs.13.70; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.11.32.
The result also shows that the company's EPS increased by 43.16% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS increase of Rs.4.13; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.9.57.
The company also reported that its EPS increased by 36.85% in 6 months end(April, 2020 - September, 2020) for EPS increase of Rs.6.74, since the company reported EPS of Rs.25.03; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.18.29.

Assets Reported by Navin Fluorine International Limited for Second Quarter FY, 2020-21
Details Non-current Assets Current Assets
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 726.70 844.94 1020.02 783.59
  Change Change % Change Change %
Calculated 118.24 13.99%(Assets Decrease) 236.43 30.17%(Assets Increase)

Assets:The company reported its non-current assets decreased by 13.99% in current quarter(September, 2020) for non-current assets decrease of Rs.118.24 crores, since the company reported net non-current assets of Rs.726.70 crores; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.844.94 crores.
The balance sheet of the company also shows that, its current assets increased by 30.17% in current quarter(September, 2020) for current assets increase of Rs.236.43 crores, as the company reported net current assets of Rs.1020.02 crores; against previous year end(March, 2020) when the company reported net current assets of Rs.783.59 crores.

Liabilities Reported by Navin Fluorine International Limited for Second Quarter FY, 2020-21
Details Non-current Liabilities Current Liabilities
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 40.02 39.14 184.96 177.21
  Change Change % Change Change %
Calculated 0.88 2.25%(Liabilities Increase) 7.75 4.37%(Liabilities Increase)

Liabilities:The company reported its non-current liabilities increased by 2.25% in current quarter(September, 2020) for non-current liabilities increase of Rs.0.88 crore, since the company reported net non-current liabilities of Rs.40.02 crores; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.39.14 crores.
The balance sheet of the company also shows that, its current liabilities increased by 4.37% in current quarter(September, 2020) for current liabilities increase of Rs.7.75 crores, as the company reported net current liabilities of Rs.184.96 crores; against previous year end(March, 2020) when the company reported net current liabilities of Rs.177.21 crores.

 


***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.