FLUOROCHEMGujarat Fluorochemicals Limited Forensic Risk Analysis

Specialty Chemicals
Risk ClassWatch
Market Cap₹36,305 Cr
Primary DriverEarnings Quality
Flagium AI Risk Score
Early signs of stress detected. Not yet widespread, but initial deterioration is visible.
25 / 100
+15 QoQ
Deteriorating
Sentinel Insight

Financial profile remains stable for now. Weakness is detected in profitability and earnings quality. This suggests a building risk profile. Risk is increasing at a faster pace.

58.0th %ile (Sector)Accel: +3 Qtrs
Updated2026-06-02
Market View
₹3,654.3▲1.17%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Earnings Quality
+15.0 pts
Competitive Position
+9.6 pts
Final Composite Risk25 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 9 → 25 over 13 quarters.

Expected Direction
🚨 Escalate
Primary Deterioration Drivers
  • Inventory Stress
  • Industrial Margin Stress
  • Relative Growth Weakness
What to Watch Next Quarter
  • Operating profit margins
  • Inventory turnover
  • Debt growth

Active Risk Objects (10)

CriticalHigh
Industrial Margin Stress
📊 Earnings QualityAnnualActive for 4 Years
More Detail
Impact Weight12/15
MomentumPersistent
Last SignalQ4 FY2026
FLUOROCHEM: EBITDA margin compressed by 4.7 bps YoY.

"Early signs of margin erosion. Input costs are beginning to eat into core profits."

Capex Efficiency Stress
📊 Earnings QualityAnnualActive for 2 Years
More Detail
Impact Weight8/15
MomentumAccelerating
Last SignalQ2 FY2026
Aggressive Capex (39.0%) amidst slow revenue growth (1.6%).

"Earnings quality is under severe pressure. High accruals suggest potential revenue overstatement."

Inventory Stress
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight15/15
MomentumPersistent
Last SignalQ2 FY2026
Inventory growth (24.9%) significantly outpaced revenue growth (1.6%).

"Stock is piling up in the warehouse. Inventory turnover is slowing down dangerously."

Operating Leverage Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight10/15
MomentumAccelerating
Last SignalQ4 FY2026
Expenses are consistently growing faster than revenues, creating operational pressure.

"The balance sheet is heavily over-leveraged. Interest payments are consuming most of the profit."

Negative FCF Streak
⚖️ Governance SignalsAnnualActive for 1 Years
More Detail
Impact Weight6/15
MomentumAccelerating
Last SignalFY2026
FLUOROCHEM: Negative Free Cash Flow for last 3 consecutive years.

"High capital expenditure and low OCF are draining cash. Debt levels may rise sharply."

Cash Conversion Deficit
📊 Earnings QualityAnnualActive for 2 Years
More Detail
Impact Weight6/15
MomentumDecaying
Last SignalFY2025
FLUOROCHEM: OCF below Net Profit in 2/3 recent years.

"Cash conversion has normalized in the latest period. Operational cash flow is back in sync."

Profit Collapse
📊 Earnings QualityQuarterlyActive for 3 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ4 FY2024
FLUOROCHEM: Net Profit collapsed by 69.6% from FY2023 Q4 to FY2024 Q4.

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Relative Growth Weakness
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight12/15
MomentumPersistent
Last SignalQ4 FY2026
Revenue growth consistently lags behind sector median (12.8%).

"Early signs of earnings quality decay. Profitability is being driven by non-core items."

Working Capital Expansion
💧 Liquidity & CoverageAnnualActive for 1 Years
More Detail
Impact Weight10/15
MomentumDecaying
Last SignalQ4 FY2025
Working capital expansion detected: Receivable days increased by 30.4%.

"Working capital pressure is receding. Cash previously locked in operations is being released."

Revenue-Debt Divergence
🏛️ Solvency & LeverageAnnualActive for 1 Years
More Detail
Impact Weight6/15
MomentumDecaying
Last SignalFY2024
FLUOROCHEM: Revenue fell 24.8% while Debt rose 35.0% in 2024 vs 2023.

"Debt servicing metrics have improved recently. The company is actively deleveraging."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)9.510.68✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+41.0+46.0📈 CRITICAL
Forensic Benchmark Context: Specialty Chemicals (n=51 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹3,654.3(+1.17%)
1M Divergence-0.82%
1 Week-3.43%
1 Month+1.45%
6 Months+9.13%
1 Year+2.48%
2 Year+20.47%
3 Year+10.94%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The risk profile is Early Signals and currently deteriorating. Recent structural triggers in earnings quality suggest a building pressure on the underlying framework. Material forensic traces are visible in operational margins and profitability metrics, indicating a progressive erosion of structural stability. Strategic vigilance is advised as structural decay is accelerating.

FLUOROCHEM • MARKET STRUCTURE

Stage 1 — Accumulation

The company is in a foundational phase. Risk metrics are stabilizing as the company builds a base for potential future fundamental improvement.

Stage Transition Prob.43%
Trend QualityStabilizing
Phase Progression
Phase Progression Score50%
Readiness LabelModerate (Transition Potential Building)
Probability of Advancing43%
CoinTree Momentum
Composite Z-Score+0.0277σ
Improving momentum strength
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#935 of 2716
Top 34.43% in momentum strength
Timeframe Sparklines
1W-3.4%
1M+1.4%
6M+9.1%
Weinstein Indicators
150 DMA₹3,453.5
200 DMA₹3,488.52
150 DMA Slope+0.0478%Flat / Basing
Relative Strength+14.62%Leading
Relative Turnover (RTR)1.2058
ParticipationHealthy

PEER COMPARISON

Ranked comparison against sector peers

Risk profile is broadly in line with the Sector Mean (20).
AARTIINDAarti Industries Limited
20 Risk
Sector %ile46th
Delta-5
Active Flags24
Accel+0
Balance Sheet Stress

Watch

FLUOROCHEMGujarat Fluorochemicals Limited
25 Risk
Sector %ile58th
Delta+15
Active Flags10
Accel+3
Earnings Quality

Watch

CAMLINFINECamlin Fine Sciences Limited
37 Risk
Sector %ile94th
Delta+2
Active Flags27
Accel+1
Earnings Quality

Watch

CHEMBONDChembond Material Technologies Limited
37 Risk
Sector %ile94th
Delta-8
Active Flags12
Accel+0
Earnings Quality

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
00th %ile
VS Sector Median (8.5)
Balance Sheet Stress
10100th %ile
VS Sector Median (8.5)
Competitive Position
3.636th %ile
VS Sector Median (8.5)
Growth Sustainability
10100th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Operating Leverage Stress

2026

Relative Growth Weakness

2026

Industrial Margin Stress

2026

Industrial Margin Stress

2026

Relative Growth Weakness

2026

Industrial Margin Stress

2026

Relative Growth Weakness

2026

Inventory Stress

2026

Capex Efficiency Stress

2026

Negative FCF Streak

2025

Inventory Stress

2025

Working Capital Expansion

2025

Cash Conversion Deficit

2024

Industrial Margin Stress

2024

Inventory Stress

2024

Capex Efficiency Stress

2024

Revenue-Debt Divergence

2024

Cash Conversion Deficit

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY20265,0385749612,199
FY20254,7955465451,988
FY20244,3404356261,996
FY20235,7751,3237391,478