Stallion India Fluorochemicals Receives Land Allotment Approval for Proposed HFO Manufacturing Plant in Rajasthan

Stallion India Fluorochemicals Limited (SIFL) has reached a significant milestone in its Rajasthan expansion strategy following land allotment approval from RIICO for a new Hydrofluoroolefin (HFO) manufacturing plant. The newly allotted 53,369 sq. mtr. plot in the Ukhalliya Industrial Area, District Bhilwara, sits adjacent to the company’s existing land holdings, creating a contiguous manufacturing hub totalling approximately 122,543 sq. mtrs. This consolidated footprint allows SIFL to develop a fully integrated layout, leveraging shared infrastructure, utilities, and management to drive operational synergies and cost optimisation as the company scales its fluorochemical operations.

The expansion is structured in a phased approach, beginning with the R-32 project slated for commissioning by October 2026, followed by the Rs 200 crore HFO facility with Construction planned for 2027. This shift toward low-global-warming-potential HFO technology is expected to bolster the company’s long-term competitiveness while aligning with India’s goals for self-Reliance in specialty chemicals. Furthermore, the project’s viability is significantly enhanced by the RIPS-2024 incentive scheme, which offers cumulative benefits that could cover up to 100 per cent of the eligible fixed capital investment. These strategic moves underpin SIFL’s confidence in achieving a targeted 30–35 per cent revenue CAGR over the next three years.

About the Company

Established in 2002, Stallion India Fluorochemicals Limited (SIFL) is a specialised leader in the refrigerants and industrial gases sector with over 30 years of expertise. The company is uniquely positioned through its pan-India forward integration, operating strategic facilities in Maharashtra, Rajasthan, and Haryana, with new plants underway in Andhra Pradesh and Maharashtra.

Unlike competitors, SIFL offers a comprehensive mix of refrigerant gases, high-purity industrial gases, and specialised Semiconductor solutions. By providing tailored gas blending—including HCs, HFCs, and HFOs—the company serves critical industries such as pharmaceuticals, automotive, and electronics with a focus on innovation and environmental responsibility.

On Monday, shares of Stallion India Fluorochemicals Limited (SIFL) plunged 5 per cent to Rs 129.05 per share from its previous closing of Rs 135.80 per share. The company has a market cap of Rs 1,500 crore with a PE of 30x, an ROE of 15 per cent and an ROCE of 20 per cent. The stock has given multibagger returns of 153 per cent from its 52-week low of Rs 50.92 per share.

Disclaimer: The article is for informational purposes only and not investment advice.