Valuation : Refex Industries Limited

Market Cap 37.98B 402M 346M 326M 297M 557M 558M 3.85B 1.49B 19.49B 1.51B 1.48B 62.77B P/E 2025
30.5x
P/E 2026 12.5x
Enterprise Value 36.24B 384M 330M 311M 284M 531M 533M 3.67B 1.43B 18.6B 1.44B 1.41B 59.91B EV / Sales 2025
1.94x
EV / Sales 2026 1.07x
Free-Float
42.43%
Yield 2025 *
-
Yield 2026 0.79%
25/08 Refex Industries Limited Bags Contracts For Loading, Transportation And Excavation Of Fly Ash Worth INR 337 Million CI
23/08 Refex Industries Limited Announces Management Changes, Effective August 22, 2026 CI
18/08 Refex Industries Limited Bags Slab-Wise Rate Contract for Transportation of Ash CI
18/08 Refex Industries Limited Bags Rate Contract For Ash Transportation To Construction Site Of Road Projects Of NHAI And Other Central Or State Government Road Construction Department / Authority / PMGSY Road Project CI
14/08 Refex Industries Limited Bags Rate Contract for Ash Transportation to Construction Site of Road Projects of Nhai and Other Central or State Government Road Construction Department Authority Pmgsy Road Project CI
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
1 day-2.00%
1 week-1.98%
Current month-1.98%
1 month-5.50%
3 months-7.15%
6 months+32.42%
Current year+6.42%
1 week 273.25
Extreme 273.25
288
1 month 273.25
Extreme 273.25
309.15
Current year 188
Extreme 188
371.15
1 year 188
Extreme 188
415.6
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 50 21/06/2006
Director of Finance/CFO 46 01/06/2024
Chief Tech/Sci/R&D Officer - 12/08/2025
Director TitleAgeSince
Chairman 50 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.($)
-2.00%-1.98%-23.66%+103.94% 410M
-1.38%+3.96%-1.58%-8.94% 4.95B
+0.92%-1.66%-18.17%-10.15% 1.23B
0.00%-1.41%+77.71%+31.60% 825M
-2.54%-2.80% - - 348M
0.00%-4.55%-5.16%-6.37% 235M
+2.04%+2.04%+10.29%-36.97% 140M
+2.48%-2.36%+327.59%+376.92% 134M
-2.92%-4.32%-1.19%+101.21% 121M
Average -0.38%-0.78%+45.73%+68.91% 932.71M
Weighted average by Cap. -0.85%+1.62%+8.46%+8.44%

Financials

2025 2026
Net sales 24.68B 261M 225M 212M 193M 362M 363M 2.5B 970M 12.66B 981M 960M 40.79B 22.77B 241M 208M 195M 178M 334M 335M 2.31B 895M 11.68B 906M 886M 37.63B
Net income 1.59B 16.82M 14.47M 13.62M 12.44M 23.27M 23.33M 161M 62.43M 815M 63.15M 61.77M 2.62B 2.03B 21.54M 18.53M 17.44M 15.93M 29.8M 29.88M 206M 79.96M 1.04B 80.88M 79.11M 3.36B
Net Debt -952M -10.08M -8.67M -8.16M -7.46M -13.95M -13.99M -96.44M -37.42M -488M -37.85M -37.03M -1.57B -1.73B -18.36M -15.8M -14.86M -13.58M -25.4M -25.47M -176M -68.15M -889M -68.93M -67.43M -2.86B
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
07/09/26 INR 276.75 -2.00% 24,348
04/09/26 INR 282.40 +1.20% 11,335
03/09/26 INR 279.05 +0.69% 10,983
02/09/26 INR 277.15 -0.16% 11,184
01/09/26 INR 277.60 -1.68% 13,513
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