What is the share price of Refex Industries Ltd (REFEX) today?
The share price of REFEX as on 11th July 2025 is ₹443.85. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Refex Industries Ltd (REFEX) share?
The past returns of Refex Industries Ltd (REFEX) share are- Past 1 week: 0.80%
- Past 1 month: -14.08%
- Past 3 months: 17.29%
- Past 6 months: -6.12%
- Past 1 year: 111.42%
- Past 3 years: 1891.22%
- Past 5 years: 4475.18%
What are the peers or stocks similar to Refex Industries Ltd (REFEX)?
The peers or stocks similar to Refex Industries Ltd (REFEX) include:What is the market cap of Refex Industries Ltd (REFEX) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Refex Industries Ltd (REFEX) is ₹5861.58 Cr as of 11th July 2025.What is the 52 week high and low of Refex Industries Ltd (REFEX) share?
The 52-week high of Refex Industries Ltd (REFEX) is ₹600 and the 52-week low is ₹204.12.What is the PE and PB ratio of Refex Industries Ltd (REFEX) stock?
The P/E (price-to-earnings) ratio of Refex Industries Ltd (REFEX) is 36.92. The P/B (price-to-book) ratio is 4.84.Which sector does Refex Industries Ltd (REFEX) belong to?
Refex Industries Ltd (REFEX) belongs to the Materials sector & Commodity Chemicals sub-sector.How to buy Refex Industries Ltd (REFEX) shares?
You can directly buy Refex Industries Ltd (REFEX) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Refex Industries Ltd
REFEX Share Price
REFEX Stock Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
REFEX Performance & Key Metrics
REFEX Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
36.85 | 4.84 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
27.95 | 3.47 | 1.60% |
REFEX Analyst Ratings & Forecast
Price Upside
Earnings Growth
Rev. Growth
REFEX Company Profile
Refex Industries Limited is engaged in the business of refilling non-ozone depleting refrigerant gases known as hydro fluoro carbons (HFCs). The Company's HFCs are used in automobile air-conditioners, room air-conditioners and refrigerant equipment.
REFEX Sentiment Analysis
REFEX Sentiment Analysis
REFEX Stock Summary · April 2025
Refex Industries is strategically positioning itself for growth by focusing on sustainability and digitalization, particularly in its expanding ash handling and electric vehicle sectors. Despite reporting strong year-on-year growth in income and net profit, the company faces challenges with negative cash flow and rising debtor days, primarily due to its government contracts. Management remains optimistic about improving operational efficiency and profitability, especially as it transitions from low-margin services to higher-margin opportunities. The proactive approach to equity infusion and strategic withdrawals from unprofitable segments reflects a commitment to enhancing shareholder value. Overall, investor sentiment remains positive, bolstered by the company's focus on compliance and innovative solutions in a competitive landscape.
REFEX Stock Growth Drivers
REFEX Stock Growth Drivers
6Strong Financial Performance
Refex Industries Limited reported impressive financial results for the quarter and year ended March 31,
Expansion of Operations and Market Presence
The company has significantly expanded its operations, particularly in the ash and coal handling business,
REFEX Stock Challenges
REFEX Stock Challenges
5Revenue Growth Shortfall
The company experienced a shortfall in sequential revenue growth during Q4, which did not meet
Declining Operating Margins
There is a notable decline in operating margins year-over-year and quarter-over-quarter, despite stable profit after
REFEX Forecast
REFEX Forecasts
REFEX
REFEX
Income
Balance Sheet
Cash Flow
REFEX Income Statement
REFEX Income Statement
Financial Year | FY 2023 | FY 2024 | FY 2025 | TTM | ||||
---|---|---|---|---|---|---|---|---|
Total Revenue | 1,637.44 | 1,401.00 | 2,518.02 | 2,518.01 | ||||
Raw Materials | 1,422.47 | 975.20 | 1,688.37 | 2,257.86 | ||||
Power & Fuel Cost | 0.12 | 0.55 | 0.95 | |||||
Employee Cost | 13.20 | 19.65 | 38.12 | |||||
Selling & Administrative Expenses | 12.52 | 21.41 | 30.68 | |||||
Operating & Other expenses | 6.44 | 219.95 | 499.74 | |||||
EBITDA | 182.69 | 164.24 | 260.16 | 260.15 | ||||
Depreciation/Amortization | 6.89 | 13.54 | 32.56 | 32.56 | ||||
PBIT | 175.80 | 150.70 | 227.60 | 227.59 | ||||
Interest & Other Items | 19.41 | 29.36 | 27.70 | 27.70 | ||||
PBT | 156.39 | 121.34 | 199.90 | 199.89 | ||||
Taxes & Other Items | 40.33 | 27.46 | 41.14 | 40.84 | ||||
Net Income | 116.06 | 93.88 | 158.76 | 159.05 | ||||
EPS | 10.50 | 8.30 | 12.97 | 12.31 | ||||
DPS | 0.40 | 0.50 | 0.00 | 0.00 | ||||
Payout ratio | 0.04 | 0.06 | 0.00 | 0.00 |
REFEX Company Updates
REFEX Stock Peers
REFEX Past Performance & Peer Comparison
REFEX Past Performance & Peer Comparison
MaterialsCommodity Chemicals
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Refex Industries Ltd | 36.92 | 4.84 | — |
Solar Industries India Ltd | 118.99 | 31.63 | 0.06% |
Linde India Ltd | 126.95 | 16.65 | — |
Deepak Nitrite Ltd | 38.81 | 5.61 | 0.38% |
REFEX Stock Price Comparison
Compare REFEX with any stock or ETFREFEX Holdings
REFEX Shareholdings
REFEX Promoter Holdings Trend
REFEX Promoter Holdings Trend
REFEX Institutional Holdings Trend
REFEX Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
REFEX Shareholding Pattern
REFEX Shareholding Pattern
REFEX Shareholding History
REFEX Shareholding History
Mutual Funds Invested in REFEX
Mutual Funds Invested in REFEX
No mutual funds holding trends are available
Top 5 Mutual Funds holding Refex Industries Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.1296% | Percentage of the fund’s portfolio invested in the stock 0.30% | Change in the portfolio weight of the stock over the last 3 months 0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 136/255 (+11) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0200% | Percentage of the fund’s portfolio invested in the stock 0.31% | Change in the portfolio weight of the stock over the last 3 months 0.31% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 102/110 (-13) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0006% | Percentage of the fund’s portfolio invested in the stock 0.01% | Change in the portfolio weight of the stock over the last 3 months 0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 666/754 (+7) |
Compare 3-month MF holding change on Screener
smallcases containing REFEX stock
smallcases containing REFEX stock
Looks like this stock is not in any smallcase yet.
REFEX Events
REFEX Events
REFEX Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
REFEX Dividend Trend
No dividend trend available
REFEX Upcoming Dividends
REFEX Upcoming Dividends
No upcoming dividends are available
REFEX Past Dividends
REFEX Past Dividends
Cash Dividend
Ex DateEx DateFeb 20, 2024
Dividend/Share
₹0.50
Ex DateEx Date
Feb 20, 2024
Cash Dividend
Ex DateEx DateSep 14, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Sep 14, 2023
Cash Dividend
Ex DateEx DateSep 16, 2021
Dividend/Share
₹0.50
Ex DateEx Date
Sep 16, 2021
Cash Dividend
Ex DateEx DateJan 11, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Jan 11, 2021
REFEX Stock News & Opinions
REFEX Stock News & Opinions
The scope of order includes O&M of the existing ash handling system & spares management, and the daily utilization/lifting of fly ash, pond ash, and hydrobin ash. The contract is valid for a period of three years, up to 31st March 2028. Refex Industries, headquartered in Chennai, is a pioneer in sustainability driven solutions in India. With over 22 years of expertise, the company has built a diverse portfolio encompassing ash & coal handling, eco-friendly refrigerant gases, green mobility initiatives, and wind energy solutions. The company reported 39.8% surge in consolidated net profit to Rs 47.92 crore in Q4 FY25 compared with Rs 34.27 crore in Q4 FY24. Revenue from operations soared 83.4% YoY to Rs 627.76 crore in the quarter ended 31 March 2025. The counter advanced 1.06% to end at Rs 444.15 on the BSE.Powered by Capital Market - Live
Refex Industries announced that the 23th Annual General Meeting(AGM) of the company will be held on 18 July 2025.Powered by Capital Market - Live
Refex Industries has allotted 98,334 equity shares under ESOP on 05 June 2025. Consequent to the aforesaid allotment, issued, subscribed and paid-up equity share capital of the Company stands increased from Rs 25,83,64,546/- (divided into 12,91,82,273 equity shares of face value of Rs 2/- each) to Rs 25,85,61,214/- (divided into 12,92,80,607 equity shares of face value of Rs 2/- each). Powered by Capital Market - Live
Revenue from operations soared 83.36% YoY to Rs 627.76 crore in the quarter ended 31 March 2025. Profit before tax stood at Rs 59.52 crore in Q4 FY25, up 62.71% as against Rs 36.58 crore recorded in Q4 FY24. On the segmental front, revenue from the ash & coal handling business stood at Rs 591.69 crore, marking a 94.52% YoY increase. Revenue from refrigerant gas manufacturing (refilling) and sales was Rs 16.60 crore, down 30.89% YoY. Revenue from electric vehicles stood at Rs 15.45 crore, reflecting a 210.86% YoY increase during the period under review. Additionally, revenue from power trading dropped 41.23% YoY to Rs 1.24 crore, while revenue from solar power generation and related activities increased 14.40% YoY to Rs 2.78 crore during the quarter. On a full-year basis, the company's consolidated net profit soared 69.14% to Rs 158.78 crore on a 78.44% surge in revenue to Rs 2,467.66 crore in FY25 over FY24. Anil Jain, chairman & managing director of Refex Industries said, 'FY25 marks another defining chapter in our journey as we continue to steer Refex towards sustainable, future-focused growth. Our performance reflects the strength of our diversified business model and the strategic realignments we've made across key verticals. During the year, we made decisive moves to strengthen and expand our green mobility vertical'a segment we are actively investing in for long-term growth. The recent realignment of our Bengaluru operations w.r.t. the phase out of our airport taxi operations reflects our sharpened focus on B2B and B2B2C opportunities that will be anchored in long-term partnerships and stable demand. In the renewable energy space, we advanced our clean energy strategy with the formation of Venwind Refex Power Limited that will focus on manufacturing, supply, and commissioning of wind turbines. Another step-down subsidiary, Venwind Refex Power Services, was incorporated, which will undertake O&M services for wind. As we scale sustainably across sectors, Refex remains steadfast in its purpose to enable India's green transition while creating enduring value for all.' Refex Industries, headquartered in Chennai, is a pioneer in sustainability-driven solutions in India. With over 22 years of expertise, it has built a diverse portfolio encompassing ash and coal handling, eco-friendly refrigerant gases, power trading, and green mobility initiatives. Furthering its commitment to sustainability, it has forayed into electric mobility through its subsidiary, Refex Green Mobility. This division offers electric vehicle (EV) services for passenger mobility, addressing corporate transportation needs and B2B2C use cases with four-wheeler EVs. The counter slipped 3.32% to Rs 470 on the BSE. Powered by Capital Market - Live
Net profit of Refex Industries rose 39.83% to Rs 47.92 crore in the quarter ended March 2025 as against Rs 34.27 crore during the previous quarter ended March 2024. Sales rose 83.37% to Rs 627.76 crore in the quarter ended March 2025 as against Rs 342.35 crore during the previous quarter ended March 2024. For the full year,net profit rose 68.72% to Rs 158.38 crore in the year ended March 2025 as against Rs 93.87 crore during the previous year ended March 2024. Sales rose 78.44% to Rs 2467.66 crore in the year ended March 2025 as against Rs 1382.87 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales627.76342.35 83 2467.661382.87 78 OPM %10.1712.05 -8.5010.56 - PBDT71.1440.72 75 232.48134.87 72 PBT59.5236.56 63 199.91121.33 65 NP47.9234.27 40 158.3893.87 69 Powered by Capital Market - Live
Refex Industries will hold a meeting of the Board of Directors of the Company on 23 April 2025.Powered by Capital Market - Live
Refex Green Mobility (RGML), subsidiary of Refex Industries, has updated the recent development regarding the proposed asset takeover of 2,997 electric vehicle ('EV') from Gensol Engineering (Gensol). RGML after constructive discussions and due consideration, has mutually decided with Gensol Engineering not to proceed with the proposed transaction for the takeover of vehicles from Gensol Engineering. This decision has been arrived at due to the evolving commitments at both ends, which would make it challenging to conclude the transaction within the originally envisaged timeline. The parties have therefore agreed to not move forward with the transaction at this stage. Powered by Capital Market - Live
In a regulatory filing made during market hours today, the company informed that Refex Green Mobility (Refex eVeelz), a wholly owned subsidiary of Refex Industries, has entered into an agreement with one of India's largest ride-hailing platforms to induct and operate 1,000 electric four-wheelers (e4Ws) across Chennai, Hyderabad, Bengaluru, and Mumbai in FY26. The ride-hailing platform will continue to cater to demand and build new mobility categories, while Refex eVeelz will focus on seamless service delivery, ensuring reliable and sustainable transportation solutions. Refex eVeelz currently operates a fleet of nearly 1,300 electric vehicles at present, across multiple cities such as Chennai, Bengaluru, Hyderabad, Mumbai, and Pune. The addition of 1,000 new e4Ws, combined with the organic growth of its fleet size in the employee transportation segment, will further solidify its role in driving the mainstream adoption of electric mobility solutions across India. Anil Jain, managing director of Refex Industries, said: At Refex eVeelz, we are committed to playing a leading role in shaping the future of sustainable mobility in India. This strategic expansion not only strengthens our presence across key metropolitan cities but also aligns with our long-term vision of enabling a cleaner, smarter, and more efficient transportation ecosystem. Refex Industries (RIL) is primarily into coal trading to power plants, coal handling services, and refillery of refrigerant gases in India. RIL has also forayed into the logistic services to power plants, such as handling and disposal of fly ash and crushing of uncrushed coal. The company also operates a solar power plant at Vituza village, Barmer, Rajasthan. The company's consolidated net profit surged to Rs 50.05 crore in the quarter ended December 2024 as against Rs 16.89 crore during the previous quarter ended December 2023. Sales rose 134.36% to Rs 717.13 crore in Q3 FY25 as compared with Q3 FY24. Powered by Capital Market - Live
Net profit of Refex Industries rose 196.33% to Rs 50.05 crore in the quarter ended December 2024 as against Rs 16.89 crore during the previous quarter ended December 2023. Sales rose 134.36% to Rs 717.13 crore in the quarter ended December 2024 as against Rs 305.99 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales717.13305.99 134 OPM %7.1311.20 - PBDT68.2229.17 134 PBT59.3125.19 135 NP50.0516.89 196 Powered by Capital Market - Live
Revenue from operations stood at Rs 717.12 crore in Q3 FY25, steeply higher than Rs 305.98 crore posted in Q3 FY24. Profit before tax (PBT) soared 135.45% to Rs 59.31 crore during the quarter as against Rs 25.19 crore posted in corresponding quarter last year. On the segmental front, revenue from the Ash & Coal handling business stood at Rs 683.46 crore, marking a 158.71% YoY increase. Revenue from refrigerant gas manufacturing (refiling) and sales was Rs 10.44 crore, up 17.27% YoY. Revenue from electric vehicles stood at Rs 8.87 crore, reflecting a 97.99% YoY increase during the period under review. Additionally, revenue from power trading jumped 73.96% YoY to Rs 11.76 crore, while revenue from solar power generation and related activities increased 10.73% YoY to Rs 2.58 crore during the quarter. Refex Industries, headquartered in Chennai, is a pioneer in sustainability-driven solutions in India. With over 22 years of expertise, it has built a diverse portfolio encompassing Ash & Coal Handling, eco-friendly Refrigerant Gases, Power Trading, and Green Mobility initiatives. Furthering its commitment to sustainability, it has forayed into electric mobility through its subsidiary, Refex Green Mobility. This division offers electric vehicle (EV) services for passenger mobility, addressing corporate transportation needs and B2B2C use cases with four-wheeler EVs.Powered by Capital Market - Live
In last 6 months, promoter holding in the company has decreased by 3.75%
Pledged promoter holdings is insignificant