Jefferies sees strong earnings growth for India's Navin Fluorine on long-term contracts

** Jefferies says Navin Fluorine International's NSE:NAVINFLUOR long-term contracts provide strong visibility on its earnings per share growth

** Brokerage sees 36% EPS compound annual growth rate between FY25 to FY27

** NAFL's results were better than the brokerage's expectations, driven by strong refrigerant R32 performance - note

** Maintains "Buy" rating on NAFL with price target of 6,025 rupees

** Strong R32 pricing and adoption of new generation refrigerants are supportive of the segment outlook, Jefferies says

** NAFL up ~54% YTD