Navin Fluorine Industries Ltd posted a 47.2% year-on-year increase in revenue from operations, reaching Rs 892.3 crore in Q3FY26, up from Rs 606.2 crore a year earlier. The company’s operating performance improved sharply, with EBITDA rising to Rs 307.4 crore from Rs 147.3 crore, and the EBITDA margin expanding to 34.4%, compared to 24.3% in the previous year. The revenue growth reflects stronger operating leverage and a favorable business mix. Breaking down the revenue, the High-Performance Products (HPP) segment, which includes refrigerants and inorganic fluorides, grew 35% to Rs 412 crore. The specialty chemicals business saw a 60% jump to Rs 354 crore, while the CDMO business increased 61% to Rs 127 crore, according to the company’s regulatory filing. HPP’s growth was supported by higher product realizations and increased volumes. The AHF capex started in Q4FY26 and dispatches have begun. The pricing environment for hydrofluorocarbons (HFC) remains constructive. The specialty chemicals segment is advancing with a strong product pipeline, ongoing scale-up of existing molecules, and plans for new molecule launches. De-bottlenecking of the medium-performance product (MPP) capacity at Dahej is on track for commissioning in Q3FY27. The specialty chemicals segment reported its highest-ever quarterly performance. The outlook is positive due to strong order visibility for Q4 and beyond. The CDMO business sustained momentum with robust orders. The company noted progress in its strategy to balance early-stage and commercial-stage molecules. Supplies for a major EU order have been completed, with ongoing talks for future supplies. Another EU major placed a scale-up order for Q4 deliveries. Navin Fluorine is a specialty fluorochemicals maker serving global clients in pharmaceuticals, agrochemicals, specialty chemicals, and high-performance materials sectors.