NAVINFLUOR2023-01-012023-03-31 NAVINFLUOR2023-01-012023-03-31 NAVINFLUOR2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member NAVINFLUOR2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member NAVINFLUOR2023-03-31 NAVINFLUOR2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NAVINFLUOR2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member NAVINFLUOR2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member NAVINFLUOR2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532504 NAVINFLUOR NOTLISTED Navin Fluorine International Limited Equity 2022-04-01 2023-03-31 2023-05-13 2023-03-29 INR Crores Yearly 13:35:00 15:45:00 2023-05-13 2023-05-13 true Cash Flow Indirect Declaration of unmodified opinion Single segment Chemicals 2023-01-01 2023-03-31 Audited Consolidated 6971000000.00 40000000.00 7011000000.00 2480600000.00 45600000.00 311100000.00 729500000.00 140100000.00 76000000.00 1386500000.00 5169400000.00 1841600000.00 0.00 1841600000.00 341700000.00 136200000.00 477900000.00 0.00 1363700000.00 0.00 0.00 0.00 -100000.00 1363600000.00 13200000.00 1376800000.00 1363600000.00 0.00 1376800000.00 0.00 99100000.00 2 27.51 27.41 0.00 0.00 27.51 27.41 3. The results of the quarter and year ended 31st March, 2023 were reviewed by the Audit Committee and approved by the Board of Directors of the Company, at its meeting held on 13th May, 2023. 4. During the year, the Company paid an interim dividend of Rs. 5/- per share (250%) on 4,95 ,55,355 equity shares of nominal value of Rs. 2/- each, aggregating to Rs. 24. 78 crores. The Board of Directors of the Company has recommended a final dividend of Rs. 7/- per share (350%) on 4,95,71 ,170 equity shares of nominal value of Rs. 2/- each, aggregating to Rs. 34.70 crores, subject to shareholders' approval in the forthcoming Annual General Meeting. 5. During the year ended 31st March, 2023, the Company has granted 1,55,000 stock options under Employee Stock Option Scheme 2017, as approved by Board of Directors, to the senior leadership of the Company. The charge on account of aforementioned ESOP for the quarter ended 31st December, 2022 and 31st March, 2023 and year ended 31st March, 2023 was Rs. 7.48 crores, Rs. 9.31 crores and Rs 16.79 crores respectively. 6. During the year, the Company initiated an exercise to assess the estimated useful life of assets (Plant & Machinery and Buildings) with the help of an external technical consultants which was concluded recently. The exercise covered assets at Dahej [Navin Fluorine Advanced Sciences Limited (NFASL)greenfield development which started commercial operations during the year) and Dewas (Navin Fluorine International Limited (NFIL) - CDMO assets). Consequently, the depreciation charge for the quarter and year ended 31st March, 2023 is lower by Rs. 20.38 crores on a consolidated basis (NFASL - Rs. 15.08 crores and NFIL - Rs. 5.30 crores). 7. In the Consolidated results, the figures for the quarter ended 31st March, 2023 and 31st March, 2022 are balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the relevant financial year. 8. The consolidated results include the financial results of three foreign subsidiaries-Manchester Organics Limited, NFIL (UK) Limited and Navin Fluorine (Shanghai) Co. Limited, a step-down foreign subsidiary - NFIL USA Inc., a 100% subsidiary of NFIL (UK) Ltd., two Indian subsidiaries - Sulakshana Securities Limited and NF ASL, a joint venture company - Swarnim Gujarat Fluorspar Private Limited and a foreign branch - Zug. 9. The Group has identified Chemicals business as its only primary reportable segment in accordance with the requirements oflnd AS 108, ' Operating Segments'. Accordingly, no separate segment information has been provided. For Single segment 2022-04-01 2023-03-31 Audited Consolidated 20774000000.00 357300000.00 21131300000.00 9057200000.00 196600000.00 -293700000.00 2494100000.00 275200000.00 626400000.00 3816700000.00 16172500000.00 4958800000.00 0.00 4958800000.00 1061000000.00 145900000.00 1206900000.00 0.00 3751900000.00 0.00 0.00 0.00 -100000.00 3751800000.00 20400000.00 3772200000.00 3751800000.00 0.00 3772200000.00 0.00 99100000.00 2 21750400000.00 75.70 75.44 0.00 0.00 75.70 75.44 Other Expenses 1386500000.00 Other Expenses 3816700000.00 0.00 15049200000.00 2785800000.00 516500000.00 877600000.00 15500000.00 0.00 0.00 7500000.00 119500000.00 0.00 3200000.00 277600000.00 400300000.00 0.00 978800000.00 20631200000.00 4681200000.00 311100000.00 5615200000.00 144700000.00 203400000.00 0.00 78800000.00 6353200000.00 0.00 3610100000.00 14644500000.00 17200000.00 0.00 35292900000.00 99100000.00 21750400000.00 21849500000.00 21849500000.00 7531300000.00 0.00 64200000.00 7595500000.00 150900000.00 347500000.00 0.00 134700000.00 8228600000.00 955200000.00 2434800000.00 1123400000.00 4513400000.00 539500000.00 79600000.00 82300000.00 0.00 5214800000.00 0.00 0.00 13443400000.00 35292900000.00 275200000.00 -2105800000.00 -2066500000.00 0.00 -2335600000.00 0.00 0.00 0.00 0.00 1200500000.00 0.00 0.00 0.00 626400000.00 0.00 0.00 15400000.00 0.00 0.00 20500000.00 0.00 0.00 167900000.00 -9700000.00 0.00 -90400000.00 -19700000.00 0.00 0.00 -4321800000.00 637000000.00 -300000.00 0.00 -30300000.00 1097800000.00 -144500000.00 -635900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21800000.00 7577100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 300000.00 30300000.00 0.00 968500000.00 0.00 -6556200000.00 0.00 0.00 0.00 0.00 0.00 0.00 12300000.00 0.00 7441800000.00 0.00 0.00 56700000.00 542800000.00 275200000.00 0.00 0.00 6579400000.00 -612700000.00 0.00 -612700000.00 757400000.00 144700000.00 Remeasurement loss of the defined benefit obligation 4500000.00 Remeasurement loss of the defined benefit obligation 10300000.00 4500000.00 10300000.00 1200000.00 2600000.00 Exchange difference on translation of foreign operations 9900000.00 Exchange difference on translation of foreign operations 12700000.00 9900000.00 12700000.00 0.00 0.00