Refex Industries Ltd (REFEX)
₹316.00
Mkt cap
₹4,336 Cr
P/E ratio
17.90
P/B
2.87
Div yield
0.47%
ROE
17.80%
ROCE
22.70%
EPS (TTM)
₹17.65
Book value
₹110
52W range
189–449
Sector
Utilities
Refex Industries Limited specializes in trading eco-friendly refrigerant gases and providing comprehensive solutions for responsible coal procurement and ash disposal. [1]
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthHigh
TechnicalsNeutral
52-week range
−29.59% from high₹316
₹189+67.10% from low₹449
Current
₹316.00
Prev close
₹316.00
Day
0.00%
Price performance
1D
0.00%
1W
+1.43%
1M
−9.44%
3M
+27.57%
6M
+29.88%
1Y
−28.57%
YTD
+20.47%
Financials
FRevenue, profit & margin
P/E ratio
17.9×
REFEX is 28% below the sector median of 24.7×
REFEX17.9×
Sector median24.7×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 630 | 382 | 352 | 306 | 342 | 591 | 428 | 686 | 594 | 366 | 415 | 576 | 934 | |
| Expenses | 557 | 346 | 318 | 272 | 301 | 543 | 385 | 633 | 534 | 329 | 344 | 486 | 775 | |
| Operating Profit | 74 | 36 | 34 | 34 | 41 | 48 | 43 | 53 | 60 | 37 | 71 | 90 | 160 | |
| OPM % | 12% | 10% | 10% | 11% | 12% | 8% | 10% | 8% | 10% | 10% | 17% | 16% | 17% | |
| Other Income | 2 | 2 | 5 | 3 | 8 | 2 | 5 | 16 | 3 | 1 | -4 | -3 | -8 | |
| Interest | 6 | 6 | 6 | 8 | 8 | 6 | 4 | 5 | 5 | 6 | 7 | 9 | 10 | |
| Depreciation | 2 | 3 | 3 | 4 | 4 | 6 | 2 | 3 | 3 | 5 | 5 | 5 | 5 | |
| Profit before tax | 68 | 29 | 30 | 25 | 37 | 39 | 42 | 62 | 55 | 28 | 55 | 73 | 136 | |
| Tax % | 25% | 27% | 29% | 33% | 9% | 25% | 27% | 19% | 13% | 26% | 34% | 28% | 31% | |
| Net Profit | 51 | 21 | 21 | 17 | 33 | 29 | 31 | 50 | 48 | 20 | 36 | 53 | 94 | |
| EPS in Rs | 4.59 | 1.92 | 1.94 | 1.53 | 2.96 | 2.60 | 2.57 | 3.88 | 3.74 | 1.64 | 2.90 | 3.93 | 6.62 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
29 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Jun 202656.57%Promoter
Promoters56.57%0.72
FIIs0.93%0.44
DIIs0.38%0.25
Public42.13%0.53
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Refex Industries | ₹316.00 | 17.92 | 4,336 | 0.47% | 94 | +66.79% | 934 | +57.14% | 22.71% |
| EMS | ₹403.30 | 24.74 | 2,240 | 0.37% | 6 | −88.00% | 121 | −55.34% | 12.51% |
| Antony Waste han | ₹433.40 | 16.31 | 1,230 | 0.00% | 37 | +48.90% | 286 | +17.77% | 11.16% |
| Eco Recyc. | ₹506.50 | 42.27 | 977 | 0.00% | 7 | +267.79% | 19 | +90.48% | 29.97% |
| Effwa Infra | ₹381.75 | 30.87 | 884 | 0.00% | 18 | +20.33% | 163 | +31.25% | 29.26% |
| Z-Tech (India) | ₹524.15 | 21.28 | 763 | 0.00% | 19 | +125.18% | 59 | +68.13% | 19.76% |
| Namo eWaste | ₹278.10 | 44.32 | 636 | 0.00% | 7 | +135.90% | 107 | +29.25% | 21.33% |
| Median: 13 Co. | ₹298.35 | 24.74 | 636 | 0.00% | 13 | +46.01% | 121 | +29.25% | 18.88% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts24
TranscriptJun 2026PPTJun 2026TranscriptJan 2026PPTJan 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptFeb 2025PPTFeb 2025PPTJan 2025RECJan 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024TranscriptMay 2024PPTMay 2024PPTApr 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11h - Refex Industries schedules Q1 FY27 earnings call on 30 July 2026 at 11:30 a.m. IST.Board Meeting Intimation for Consideration & Approval Of The Unaudited Standalone & Consolidated Financial Results Of The Company For The 1St Quarter Ended June 30, 2026 Of The Financial Year 2026-27 1d - Board meets July 29, 2026 to approve Q1 FY27 unaudited standalone and consolidated results.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Jul - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the 1st Quarter ended June 30, 2026 for FY 2026-27Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Jul - Newspaper Publication- Disclosure under Regulation 47 of SEBI (LODR) Regulations, 2015 - Notice of the 24th Annual General Meeting of Refex Industries ....Business Responsibility and Sustainability Reporting (BRSR) 8 Jul - Submitted FY2025-26 BRSR and assurance report as part of 24th Annual Report.