Gujarat Fluorochemicals Q4 Results Review - Inline Performance: Prabhudas Lilladher

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Prabhudas Lilladher Report.Gujarat Fluorochemicals Ltd. consolidated revenue from operations was at Rs 11.3 billion (-23% YoY/ 14.2% QoQ), QoQ improvement was primarily led by Fluoro Polymers and Fluoro Chemicals. Even though, the plants for the Bulk Chemicals segment ran at full capacity, the segment saw a 1% QoQ decline in revenue due to subdued prices of Caustic Soda/MDC. Looking ahead to FY25, challenges loom for the Fluorochemicals segment, factors such as dumping from China, duty cuts in the U.S. market impacting Refrigerants, and the phase-out of R-22 are anticipated to exert pressure on volumes and prices. Fluoropolymer capacities setup in FY24 are expected to fuel a continuous increase in sales with enhanced utilisation levels. Additionally, progress in the Battery Chemical vertical is promising, with the LiPF6 plant already commissioned, commercial sales expected from H2 FY25 upon customer approval. The stock is trading at 65 times FY25 earnings per share. We downgrade Gujarat Fluorochemicals to “Reduce” from “Hold” previously, with target price of Rs 3,402, valuing it at 40 times FY26 earnings per share..Click on the attachment to read the full report:.Gujarat Fluorochemicals Q4 Results: Profit Falls 70%, But Meets Estimates.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Gujarat Fluorochemicals Q4 Results Review - Inline Performance: Prabhudas Lilladher

Volumes and prices for specialty chemicals anticipated to be sluggish in FY25, impacting both revenue and margins

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP

Gujarat Fluorochemicals Q4 Results Review - Inline Performance: Prabhudas Lilladher

Volumes and prices for specialty chemicals anticipated to be sluggish in FY25, impacting both revenue and margins

Choose a plan

Follow Us

DOWNLOAD THE APP