Synopsis
Stallion India Fluorochemicals will invest Rs. 120 crore to set up an R-32 refrigerant gas plant in Bhilwara, Rajasthan, producing multiple gases, generating 30 jobs, and commencing operations in 2026.
Chemical stock has announced its plan to establish a large-scale refrigerant gas manufacturing facility in Rajasthan, marking a strategic expansion in the specialty chemicals sector.
With a market capitalization of Rs. 982 cr, the shares of Stallion India Fluorochemicals Ltd are currently trading at Rs. 120 per share, increasing nearly 11% in today’s market, making a high of Rs. 127 from its previous closing of Rs. 114.54 per share.
News
Stallion India Fluorochemicals Limited will set up an HFC R-32 refrigerant gas manufacturing plant in Bhilwara district (Hurda), Rajasthan. The facility will also produce other refrigerant gases, including R-410a, R-404a, R-407C, R-454B, R-515B, and R-513A.
The company has signed an MoU with the Government of Rajasthan for the project, which entails an investment of Rs. 120 crore, creating 30 direct employment opportunities. Production is expected to commence in 2026, and land acquisition for the plant has already begun. The state government will assist the company in obtaining necessary approvals and clearances under existing policies.
Also read: Smallcap stock jumps over 11% after reporting 257% YoY profit growth in Q1
Financial highlights
Stallion India Fluorochemicals Ltd reported strong YoY growth in Q1FY26, with sales rising 51% to Rs. 110 crore from Rs. 73.2 crore in Q1FY25. EBIDT increased 16% to Rs. 14.3 crore, and net profit grew 23% to Rs. 10.4 crore over the same period.
On a QoQ basis, the company saw a slowdown in sales, dropping 27% from Rs. 152 crore in Q4FY25, EBIDT fell 23% from Rs. 18.7 crore, and net profit declined 22% from Rs. 13.3 crore.
Stallion India Fluorochemicals Ltd is a speciality chemicals company engaged in debulking, blending, processing, and supplying refrigerant and industrial gases such as HFCs, HFOs, and hydrocarbons. Operating four plants across Maharashtra, Rajasthan, and Haryana, it serves diverse sectors including HVAC, automotive, semiconductors, pharmaceuticals, firefighting, and aerosols.
The company maintains healthy return ratios with a ROCE of 20.0% and ROE of 15.4%. The company has also strengthened its balance sheet by reducing debt, reflecting improved financial stability alongside its operational performance.
Written by – Manideep Appana
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