Valuation: Refex Industries Limited

Market Cap 40.18B 422M 365M 341M 313M 588M 598M 4B 1.57B 20.14B 1.59B 1.55B 66.59B P/E 2025
30.5x
P/E 2026 12.5x
Enterprise Value 38.45B 404M 349M 326M 299M 563M 572M 3.83B 1.5B 19.27B 1.52B 1.48B 63.72B 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-2.01%
1 week-3.22%
Current month-3.22%
1 month-15.78%
3 months+10.99%
6 months+28.81%
Current year+12.61%
1 week 290.05
Extreme 290.05
311.45
1 month 290.05
Extreme 290.05
353.95
Current year 188
Extreme 188
371.15
1 year 188
Extreme 188
422.85
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.($)
-2.01%-3.22%-29.92%+96.87% 422M
-0.53%-1.15%-1.76%-13.67% 4.62B
+0.65%-0.13%-8.32%-11.48% 1.22B
+5.88%+2.66%+97.08%+38.11% 784M
+3.36%+7.80% - - 412M
+0.67%+2.72%-6.79%-4.43% 240M
+0.69%+0.69%+9.77%-46.72% 134M
-3.64%+32.50%+253.33%+292.59% 115M
+0.45%+1.37%+0.45%+31.36% 79.63M
Average +0.61%+6.28%+39.23%+47.83% 891.99M
Weighted average by Cap. +0.42%+1.64%+9.70%+2.93%

Financials

2025 2026
Net sales 24.68B 259M 224M 209M 192M 361M 367M 2.46B 964M 12.37B 974M 952M 40.89B 22.77B 239M 207M 193M 177M 333M 339M 2.27B 890M 11.41B 898M 879M 37.73B
Net income 1.59B 16.68M 14.43M 13.48M 12.36M 23.25M 23.62M 158M 62.06M 796M 62.65M 61.28M 2.63B 2.03B 21.37M 18.48M 17.26M 15.83M 29.78M 30.25M 203M 79.48M 1.02B 80.24M 78.48M 3.37B
Net Debt -952M -10M -8.65M -8.08M -7.41M -13.94M -14.16M -94.78M -37.2M -477M -37.56M -36.73M -1.58B -1.73B -18.21M -15.75M -14.71M -13.49M -25.38M -25.79M -173M -67.74M -869M -68.39M -66.89M -2.87B
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
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
04/08/26 INR 307.05 +0.24% 16,570
03/08/26 INR 306.30 +1.22% 23,706
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