# Stallion India Fluorochemicals share price today (Stallion India Fluorochemicals Ltd, NSE: STALLION) > Stallion India Fluorochemicals share price today: ₹193.79 at the NSE close on 3 November 2026, down 16.9% in a year. Stallion India Fluorochemicals (NSE: STALLION) is worth ₹2,250 crore, trades at a P/E of 43.2 and has closed between ₹101.83 and ₹260.12 over the past 52 weeks. > Stallion India Fluorochemicals Ltd's earnings have grown faster than its share price. Earnings per share grew +36.0% in a year while the price moved −16.9%. STALLION · Industrial Gas · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/stallion-india-fluorochemicals-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: ₹193.79 (−16.9% in a year) - P/E: 43.2× (higher than 60% of the last 1 year) - Revenue (Jun 2026): ₹121 Cr (+10.0% on a year ago) - Profit (Jun 2026): ₹19.0 Cr (+90.0% on a year ago) - Operating margin: 18.0% (+5.0 points on a year ago) - ROCE: 12%, FY26 - ROIC: 16.9%, against a 12.0% cost of capital: +4.9 points - Profit that came in as cash: −52%, last 3 years The main question: profits are rising, but only −52% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Stallion India Fluorochemicals share price today? Stallion India Fluorochemicals Ltd's share price was ₹193.79 at the close on 3 November 2026. It has been rising for 22 weeks. That is 1.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹102 and ₹260, and at that close it sat 58% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running. Over the last 1 year the share price moved +90% while the NIFTY 500 moved +3%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Stallion India Fluorochemicals this quarter? Three changes stood out: best operating margin in 9 quarters, highest quarterly profit in 9 quarters and number of shareholders up 55% in a year. 1. Best operating margin in 9 quarters Operating margin was 18% in the June 2026 quarter, against 13% a year earlier. Why: Margins rose because more sales came from higher-margin HFO products and the company planned logistics early. Next results: check whether the margin holds, since management said the quarter was special and may not repeat continually. From the earnings call on 17 Aug 2026. 2. Highest quarterly profit in 9 quarters Profit of ₹19 crore in the June 2026 quarter is the highest of the last 9 quarters. Why: Profit hit a record because more sales came from higher-margin HFO products and the company planned logistics early. Next results: check whether profit holds, since management said the quarter was special and may not repeat continually. From the earnings call on 17 Aug 2026. 3. Number of shareholders up 55% in a year 66,734 shareholders in the September 2026 quarter, against 43,099 a year earlier. ## What are Stallion India Fluorochemicals' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Stallion India Fluorochemicals reported revenue of ₹121 crore, up 10.0% from ₹110 crore a year earlier, and a profit of ₹19.0 crore, up 90.0% from ₹10.0 crore. ### Stallion India Fluorochemicals results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹121 crore | ₹110 crore | +10.0% | | Profit | ₹19.0 crore | ₹10.0 crore | +90.0% | | Earnings per share | ₹1.60 | ₹0.89 | +79.8% | | Operating margin | 18.0% | 13.0% | +5.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Stallion India Fluorochemicals' management discussed these results on a call held on 17 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Stallion India Fluorochemicals share price history? Stallion India Fluorochemicals closed at ₹193.79 on 3 November 2026, down 16.9% from ₹233.24 a year earlier (31 October 2025). Its highest weekly close since January 2025 was ₹334.67 on 17 October 2025. ### Stallion India Fluorochemicals share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹183.28 | +5.7% | | 1 month ago · 1 Oct 2026 | ₹231.81 | −16.4% | | 6 months ago · 30 Apr 2026 | ₹150.04 | +29.2% | | 1 year ago · 31 Oct 2025 | ₹233.24 | −16.9% | | Earliest weekly close in our records · 24 Jan 2025 | ₹101.77 | +90.4% | | Highest weekly close since January 2025 · 17 Oct 2025 | ₹334.67 | −42.1% | | Lowest weekly close since January 2025 · 9 May 2025 | ₹54.42 | +256.1% | | 52-week high (weekly close) · 31 Jul 2026 | ₹260.12 | −25.5% | | 52-week low (weekly close) · 9 Mar 2026 | ₹101.83 | +90.3% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (99 weekly closes from 24 January 2025 to 3 November 2026.) ## What is the latest news on Stallion India Fluorochemicals? 3 Nov 2026: Stallion India Fluorochemicals closed at ₹193.79, up 5.7% on the week and down 16.4% on the month. 17 Aug 2026: Stallion India Fluorochemicals held its results call for April to June 2026. Management guided: Three-year revenue yearly growth of 30-35% maintained; one plant planned annually toward ₹3,000 crore revenue. ### Earlier - Results for April to June 2026: Revenue up 10.0% and profit up 90.0% on a year earlier. ## What dividend does Stallion India Fluorochemicals pay? Stallion India Fluorochemicals has paid no dividend on the NSE since its first NSE close in our records (24 January 2025), the start of the period we checked. No. Stallion India Fluorochemicals Ltd paid out 0% of its profit as dividends in each of its last 6 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Stallion India Fluorochemicals management say on the latest results call? On the call for April to June 2026, held on 17 August 2026, Stallion India Fluorochemicals' management guided: Three-year revenue yearly growth of 30-35% maintained; one plant planned annually toward ₹3,000 crore revenue. > “Earlier, we were clear that we would not pursue dilution. Now, keeping everything in mind and considering the situation, it may be more prudent to use some dilution and some debt, rather than relying entirely on debt.” > Shehzad Rustamji, on the call for April to June 2026 ### What management guided - Operating margin improvement of about 3-4% over the medium term as backward integration and specialty gases scale. - Khalapur helium commercial operations next quarter; about 12% contribution this year and 20% utilization next year. - Mambattu operations by year-end; immediate turnover uplift expected limited, with logistics and profitability the primary benefits. - Bhilwara R32 completion by end-December 2026; FY27 contribution approximately ₹125 crore in Q4. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/57754/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 17 August 2026.) ## What to watch in Stallion India Fluorochemicals' next results? When Stallion India Fluorochemicals reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Khalapur helium ramp: verify commercial production converts into reported revenue and the planned utilization trajectory. - What to check (from the call) - Khalapur helium ramp: verify commercial production converts into reported revenue and the planned utilization trajectory. - ISRO helium tender: check for signed contract, awarded scope and margin economics after plant readiness and advanced negotiations. - Bhilwara R32 ramp: verify latest completion timing, initial Q4 output and economics against the revised contribution framework. - Mambattu and HFO capital plan: check whether blending starts on schedule and whether debt-dilution funding becomes concrete. ## Which stock lists is Stallion India Fluorochemicals on? Stallion India Fluorochemicals is not on any of our India lists this week. ## Is Stallion India Fluorochemicals profitable? Stallion India Fluorochemicals Ltd earned ₹19.0 Cr of net profit in the Jun 2026 quarter, +90.0% on the same quarter a year earlier. Full-year FY26 profit was ₹44.0 Cr. Over 5 years profit has grown 34.5% a year on average. That is 15.7% of the quarter's revenue. The same quarter a year earlier earned ₹10.0 Cr. For the full year, FY26 profit was ₹44.0 Cr (+37.5% on the year before). Why profit moved: revenue changed +10.0% on a year earlier and the margin moved +5.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +271.1% and revenue +15.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Stallion India Fluorochemicals make, and is it growing? Stallion India Fluorochemicals Ltd reported ₹121 Cr of revenue in the Jun 2026 quarter, +10.0% on the same quarter a year earlier. Over 5 years it has grown 29.6% a year on average. The last full year, FY26, came in at ₹431 Cr. The last four reported quarters add to ₹442 Cr. FY26 revenue was ₹431 Cr, +14.3% on the year before. Recent pace: the last four quarters grew +15.5% on average, against 29.6% a year over the longer run, so this year is growing slower than its own long-run rate. ## How much of every ₹100 of sales does Stallion India Fluorochemicals keep? Stallion India Fluorochemicals Ltd's operating margin was 18.0% in the Jun 2026 quarter, 5.0 percentage points higher than the same quarter a year ago. Across 6 years it has been between 8.0% and 18.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +5.2 percentage points on the year while gross margin changed +3.3 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Stallion India Fluorochemicals' profit turning into cash? Over the last 3 years Stallion India Fluorochemicals Ltd's operations used more cash than they brought in, so cash conversion was −52%, a gap worth watching. In FY26 it brought in ₹39.0 Cr of operating cash against ₹44.0 Cr of profit. After ₹50.0 Cr of spending on assets, free cash was −₹11.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −52% of profit came in as cash: the cash cycle got 164 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 164 days longer. The next section looks at where the cash is stuck. ## Where does Stallion India Fluorochemicals' cash go? Stallion India Fluorochemicals Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 180 days in FY26, up from 16 days in FY21. It spent ₹56.0 Cr on assets over the last 3 years. Customers take 66 days to pay, and stock sits for 134 days on average. At FY26 sales of ₹431 Cr, each day of that cycle ties up about ₹1.2 Cr, so roughly ₹213 Cr is tied up in the business at any time. FY26: customers took 66 days to pay and stock sat for 134 days, about 4.4 months of sales sitting as stock, for a full cycle of 180 days, longer than FY21's 16. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 134 days. Customers pay about 66 days after that. Suppliers are paid at 19 days. Together that makes the 180-day cycle. Spending on assets: ₹56.0 Cr over the last 3 years, against ₹3.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹35.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Stallion India Fluorochemicals' P/E ratio, and how does it compare with its own history? Stallion India Fluorochemicals Ltd's P/E is 43.2×, in the middle of its own history: higher than 60% of past readings. Its usual P/E (the middle reading) is 40.1×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +36.0% while the price moved −16.9%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Stallion India Fluorochemicals business getting better or worse? Stallion India Fluorochemicals Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Stallion India Fluorochemicals earn on its capital? Stallion India Fluorochemicals Ltd earned a ROCE of 12% in FY26. Its return on capital used (ROIC) is 4.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 10.2% net margin and 0.58× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 10.2% net margin × 0.58× asset turnover × 1.08× leverage (assets divided by equity) ≈ 6.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 16.9% − 12.0% = +4.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Stallion India Fluorochemicals have too much debt? Stallion India Fluorochemicals Ltd has total debt of ₹34.0 Cr against shareholder equity of ₹681 Cr as of Jun 2026, so its debt is 0.05× its equity, which is very little. Year by year, that ratio went from 0.52 in FY24 to 0.05 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Stallion India Fluorochemicals shareholding pattern? Promoters cut their stake in Stallion India Fluorochemicals Ltd by 20.1 percentage points over 6 quarters, the biggest change among its owners. Promoters now own 47.8% of the company. Domestic institutions moved −3.1 points over the same period, to 1.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −20.1 points over 6 quarters, to 47.8%; Domestic institutions: −3.1 points over 6 quarters, to 1.6%; Foreign institutions: −3.0 points over 6 quarters, to 0.3%. Why the owners changed: promoters drove it (−20.1 points), together with domestic institutions (−3.1 points). They reduced their stake. ## How far is Stallion India Fluorochemicals from balance-sheet trouble? For Stallion India Fluorochemicals Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Stallion India Fluorochemicals rank in its industry? 49.8 out of 100, rank 3 of 4 in Industrial Gas, with 80% of the evidence available. Stallion India Fluorochemicals Ltd scores 49.8 out of 100 against the 4 companies it is compared with in Industrial Gas, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21.3 + 11.7 + 10 + 6.8 = 49.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Stallion India Fluorochemicals compared with? Stallion India Fluorochemicals ranks 3 of 4 Industrial Gas companies on the 4-Factor Sector Score, with 49.8 out of 100. 1. [Ellenbarrie Industrial Gases Ltd](https://www.sectoralpha.in/stocks/ellenbarrie-industrial-gases-ltd) ELLEN · breaking out · Evidence leans up · 90% evidence 60.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 8.2% · Profit 40.7% · Operating margin change 1 points · 100% evidence Capital efficiency 16.6/25 · ROCE 14.5% · Operating margin 38% · 100% evidence Valuation 12.0/20 · P/E 36× · PEG 1.31 · 50% evidence Relative strength 12.7/20 · Lead over its industry -3.2% · Lead over NIFTY 500 8.7% · 1 year -33.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 19.1 + 16.6 + 12 + 12.7 = 60.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Inox India Ltd](https://www.sectoralpha.in/stocks/inox-india-ltd) INOXINDIA · leader · Evidence leans up · 97% evidence 51.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 19.9% · Profit 9% · Operating margin change -2 points · 100% evidence Capital efficiency 21.0/25 · ROCE 33.5% · Operating margin 20% · 100% evidence Valuation 2.6/20 · P/E 65.6× · PEG 3.66 · 85% evidence Relative strength 14.7/20 · Lead over its industry 14.7% · Lead over NIFTY 500 25.8% · 1 year 56.7% · 100% evidence · 10 of 12 weeks ahead Exact sum: 12.7 + 21 + 2.6 + 14.7 = 51 · What this means: Relative strength against the index is 25.8%, and revenue and profit growth are weak. 3. Stallion India Fluorochemicals Ltd this page STALLION · quiet · Evidence leans down · 80% evidence 49.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 6.5% · Profit 52.9% · Operating margin change 5 points · 100% evidence Capital efficiency 11.7/25 · ROCE 11.8% · Operating margin 18% · 100% evidence Valuation 10.0/20 · P/E 41× · PEG n/a · 0% evidence Relative strength 6.8/20 · Lead over its industry -3% · Lead over NIFTY 500 7.4% · 1 year -21.1% · 100% evidence · 9 of 12 weeks ahead Exact sum: 21.3 + 11.7 + 10 + 6.8 = 49.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Linde India Ltd](https://www.sectoralpha.in/stocks/linde-india-ltd) LINDEINDIA · quiet · Evidence leans down · 90% evidence 43.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 10.4% · Profit 22.1% · Operating margin change -5 points · 100% evidence Capital efficiency 18.8/25 · ROCE 18.2% · Operating margin 29% · 100% evidence Valuation 5.0/20 · P/E 88.2× · PEG 6.56 · 50% evidence Relative strength 0.4/20 · Lead over its industry -20.9% · Lead over NIFTY 500 -10.1% · 1 year -6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.1 + 18.8 + 5 + 0.4 = 43.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Industrial Gas](https://www.sectoralpha.in/sectors/industrial-gas), all 4 compared on one page. ## Which companies are close to Stallion India Fluorochemicals in size? Stallion India Fluorochemicals is the 4th largest of 4 Industrial Gas companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Linde India, Inox India and Ellenbarrie Industrial Gases. It is the smallest. ### Industrial Gas companies close in size 1. [Linde India Ltd](https://www.sectoralpha.in/stocks/linde-india-ltd) ₹48,196 crore 2. [Inox India Ltd](https://www.sectoralpha.in/stocks/inox-india-ltd) ₹16,884 crore 3. [Ellenbarrie Industrial Gases Ltd](https://www.sectoralpha.in/stocks/ellenbarrie-industrial-gases-ltd) ₹4,347 crore 4. Stallion India Fluorochemicals Ltd ₹2,136 crore [All 4 Industrial Gas companies, largest first](https://www.sectoralpha.in/sectors/industrial-gas#all-companies) ### Companies close in size in other industries 1. [Kody Technolab Ltd](https://www.sectoralpha.in/stocks/kody-technolab-ltd) ₹2,138 crore · IT - Software 2. [Globus Spirits Ltd](https://www.sectoralpha.in/stocks/globus-spirits-ltd) ₹2,136 crore · Alcoholic Beverages 3. Stallion India Fluorochemicals Ltd ₹2,136 crore 4. [Vintage Coffee & Beverages Ltd](https://www.sectoralpha.in/stocks/vintage-coffee-beverages-ltd) ₹2,130 crore · FMCG - Coffee 5. [Pashupati Cotspin Ltd](https://www.sectoralpha.in/stocks/pashupati-cotspin-ltd) ₹2,125 crore · Textiles - Spinning ## What else do people ask about Stallion India Fluorochemicals? ### What is Stallion India Fluorochemicals's share price today? Stallion India Fluorochemicals Ltd's share price is ₹193.79, −16.9% over the past year. The whole company is worth ₹2,250 Cr on the market. In the last 52 weeks it traded between ₹102 to ₹260; today it is 58% of the way up from the low, 1.0% above its 200-day average (as of 3 November 2026). ### What were Stallion India Fluorochemicals's latest quarterly results? Stallion India Fluorochemicals Ltd reported revenue of ₹121 Cr and net profit of ₹19.0 Cr for the Jun 2026 quarter. Revenue rose 10.0% and profit rose 90.0% compared with a year earlier. Earnings per share were ₹1.60. The operating margin was 18.0%, 5.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Stallion India Fluorochemicals's market cap? Stallion India Fluorochemicals Ltd's market capitalisation is ₹2,250 Cr at a share price of ₹193.79. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Stallion India Fluorochemicals performing? Stallion India Fluorochemicals Ltd's share price has been rising for 22 weeks. In its latest quarter, revenue rose 10.0% and profit rose 90.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 3 weeks running (as of 3 November 2026). ### Will Stallion India Fluorochemicals's share price go up? This page does not forecast Stallion India Fluorochemicals Ltd's share price. What it shows instead: the share price is ₹193.79, and it has been rising for 22 weeks. Its P/E of 43.2× is higher than 60% of its own last 2 years (as of 3 November 2026). ### Who owns Stallion India Fluorochemicals? Promoters own 47.8% of Stallion India Fluorochemicals Ltd, foreign institutions 0.3%, domestic institutions 1.6% and the public 50.3% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 20.1 percentage points over 6 quarters (as of 3 November 2026). ### Does Stallion India Fluorochemicals have too much debt? No, Stallion India Fluorochemicals Ltd has little debt: its debt is 0.05× its equity, and its operating profit is 58 times its interest bill. FY26 borrowings were ₹34.0 Cr against equity of ₹681 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Stallion India Fluorochemicals in its business cycle? Stallion India Fluorochemicals Ltd's FY26 operating margin was 13.0%, against a 6-year range of 8.0% to 18.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 18.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Stallion India Fluorochemicals story? The main question: profits are rising, but only −52% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Stallion India Fluorochemicals a stock worth studying right now? What the numbers show: Stallion India Fluorochemicals Ltd's earnings have grown faster than its share price. Earnings per share grew +36.0% in a year while the price moved −16.9%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Stallion India Fluorochemicals share price forecast for 2026? What management itself guided: Three-year revenue yearly growth of 30-35% maintained; one plant planned annually toward ₹3,000 crore revenue. This is research, not advice. We’re not SEBI-registered.