Valuation: Refex Industries Limited

Market Cap 40.71B 427M 370M 345M 316M 595M 604M 4.05B 1.59B 20.37B 1.6B 1.57B 67.84B P/E 2025
30.5x
P/E 2026 12.5x
Enterprise Value 38.98B 409M 354M 331M 302M 570M 578M 3.88B 1.52B 19.5B 1.53B 1.5B 64.95B EV / Sales 2025
1.94x
EV / Sales 2026 1.07x
Free-Float
43.16%
Yield 2025 *
-
Yield 2026 0.79%
31/07 Refex Industries Limited, Q1 2027 Earnings Call, Jul 30, 2026
30/07 Refex Industries Limited Bags Order for Rate Contract for Ash Transportation to Road Construction Sites CI
29/07 Refex Industries Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 CI
29/07 Refex Industries Limited Announces Redesignation of Lalitha Uthayakumar from President ? Refrigerant Gas Business to General Manager ? Accounts, Effective August 01, 2026 CI
07/07 Refex Industries Limited Receives Ash Transportation Order Worth INR 209.4 Million from Maharashtra-Based Entity for Road Projects CI
26/06 Refex Industries Limited Bags Order for Transportation of Ash to Construction Site of Road Projects of NHAI and Other Central or State Government Road Construction Department / Authority / Pmgsy Road Projects CI
21/06 Refex Industries Limited Bags Order For Transportation Of Pond Ash To NHAI Road Projects CI
29/05 Refex Industries Bags Transportation Order Worth INR369 Million MT
29/05 Refex Industries Limited Bags Order for Excavation, Loading and Transportation of Pond Ash to Open Cast Mines, Stone Quarries, and NHAI Project Sites CI
27/05 Refex Industries Limited, Q4 2026 Earnings Call, May 27, 2026
26/05 Refex Industries Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 CI
26/05 Refex Industries' Consolidated Profit Clocks Gains in Fiscal Q4; Shares Up 5% MT
26/05 Refex Industries March-quarter consol net profit 908.2 million rupees RE
1 day+1.31%
1 week-3.13%
Current month-1.95%
1 month-14.24%
3 months+12.75%
6 months+17.53%
Current year+14.09%
1 week 290.05
Extreme 290.05
311.15
1 month 290.05
Extreme 290.05
348.7
Current year 188
Extreme 188
371.15
1 year 188
Extreme 188
416.75
3 years 103.36
Extreme 103.36
600
5 years 19.3
Extreme 19.3
600
10 years 2.1
Extreme 2.104
600
Manager TitleAgeSince
Chief Executive Officer 49 21/06/2006
Director of Finance/CFO 46 01/06/2024
Chief Tech/Sci/R&D Officer - 12/08/2025
Director TitleAgeSince
Chairman 49 21/06/2006
Director/Board Member 46 27/07/2016
Director/Board Member 53 29/12/2020
Change 5-day change 1-year change 3-year change Capi.($)
+0.69%-3.13%-28.67%+132.61% 427M
+1.58%+1.05%-0.41%-12.86% 4.72B
+1.82%-0.76%-12.68%-9.25% 1.25B
-3.33%+11.54%+94.05%+30.50% 763M
+1.00%+0.99% - - 392M
0.00%+2.72%-7.36%-4.43% 240M
0.00%+0.69%+8.15%-45.11% 135M
-10.00%+50.00%+300.00%+361.54% 130M
-1.80%+1.87%+1.40%+28.24% 78.71M
Average +0.92%+5.80%+44.31%+60.15% 903.7M
Weighted average by Cap. +0.93%+1.35%+10.35%+6.41%

Financials

2025 2026
Net sales 24.68B 259M 224M 209M 191M 361M 366M 2.46B 963M 12.35B 972M 950M 41.12B 22.77B 239M 207M 193M 177M 333M 338M 2.27B 889M 11.39B 896M 877M 37.93B
Net income 1.59B 16.65M 14.41M 13.47M 12.31M 23.2M 23.56M 158M 61.99M 794M 62.51M 61.15M 2.65B 2.03B 21.32M 18.46M 17.25M 15.77M 29.71M 30.18M 202M 79.39M 1.02B 80.06M 78.31M 3.39B
Net Debt -952M -9.98M -8.64M -8.08M -7.38M -13.91M -14.13M -94.69M -37.16M -476M -37.47M -36.66M -1.59B -1.73B -18.17M -15.73M -14.7M -13.44M -25.33M -25.72M -172M -67.66M -867M -68.24M -66.75M -2.89B
Logo Refex Industries Limited
Refex Industries Limited is an India-based specialist manufacturer and re-filler of refrigerant gases. The Company offers a range of non-ozone depleting refrigerant gases known as Hydrofluorocarbons (HFC), which are used in air conditioners, refrigerators and refrigerating equipment. It is engaged in supplying automotive air conditioning gases in disposable cans. Its segments include Ash and Coal Handling businesses; Solar Power businesses that include generation and related activities; Refrigerant gas manufacturing; sale of services; Power trading, Green Mobility and other segments. Its refrigerant gases are primarily used as refrigerants, blowing agents and aerosol propellants. It offers a full range of HFC products, which include R134a, R404a, R407c, R410a, R141b, R22, and R32. It handles and disposes fly ash and provides round the clock services for coal yard management, shifting of uncrushed coal, and housekeeping works.
Employees
522
Sector
Coal
Date Price Change Volume
11/08/26 INR 298.75 +0.69% 21,420
10/08/26 INR 296.70 +1.31% 28,693
07/08/26 INR 292.85 -2.01% 20,545
06/08/26 INR 298.85 -0.76% 30,754
05/08/26 INR 301.15 -1.92% 43,391
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