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CARE assigns rating to Navin Fluorine International’s Bank Facilities

11 Sep 2013 Evaluate

Credit rating agency, CARE has assigned ‘AA-’ rating to Navin Fluorine International’s Long-term Bank Facilities worth Rs 80 crore and ‘A1+’ rating to Short-term Bank Facilities worth Rs 135 crore. The rating agency has also assigned ‘A1+’ rating to company’s CP (carved out of WC Borrowings) worth Rs 30 crore.

The ratings continue to derive strength from the well-established position of the company in the fluorochemicals industry, continuous focus on research and development, reduction in the exposure to group companies and comfortable financial risk and liquidity profile.

Navin Fluorine owns one of India’s largest integrated flurochemicals complexes. It produces a wide range of flurochemicals in the bulk and specialty segment. It has developed more than 40 products on commercial scale using indigenously built multipurpose plants and product technologies.

Navin Fluorine Intl Share Price

7039.40 -46.55 (-0.66%)
08-May-2026 16:59 View Price Chart
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