Valuation: Refex Industries Limited

Market Cap 40.22B 422M 365M 342M 312M 587M 596M 4.03B 1.57B 20.14B 1.58B 1.55B 67.15B P/E 2025
30.5x
P/E 2026 12.5x
Enterprise Value 38.49B 404M 350M 328M 299M 562M 570M 3.85B 1.51B 19.27B 1.52B 1.48B 64.26B EV / Sales 2025
1.94x
EV / Sales 2026 1.07x
Free-Float
43.16%
Yield 2025 *
-
Yield 2026 0.79%
07-31 Refex Industries Limited, Q1 2027 Earnings Call, Jul 30, 2026
07-30 Refex Industries Limited Bags Order for Rate Contract for Ash Transportation to Road Construction Sites CI
07-29 Refex Industries Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 CI
07-29 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
06-26 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
06-21 Refex Industries Limited Bags Order For Transportation Of Pond Ash To NHAI Road Projects CI
05-29 Refex Industries Bags Transportation Order Worth INR369 Million MT
05-29 Refex Industries Limited Bags Order for Excavation, Loading and Transportation of Pond Ash to Open Cast Mines, Stone Quarries, and NHAI Project Sites CI
05-27 Refex Industries Limited, Q4 2026 Earnings Call, May 27, 2026
05-26 Refex Industries Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 CI
05-26 Refex Industries' Consolidated Profit Clocks Gains in Fiscal Q4; Shares Up 5% MT
05-26 Refex Industries March-quarter consol net profit 908.2 million rupees RE
1 day-0.02%
1 week-1.94%
Current month-3.16%
1 month-13.36%
3 months+14.79%
6 months+25.77%
Current year+12.69%
1 week 290.05
Extreme 290.05
308.3
1 month 290.05
Extreme 290.05
344
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 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.($)
-0.02%-1.94%-22.68%+108.41% 422M
-1.38%-2.10%-3.72%-14.02% 4.55B
0.00%+0.65%-12.67%-9.18% 1.23B
-1.20%-4.25%+83.70%+25.25% 722M
+1.05%-6.13% - - 369M
0.00%+1.34%-7.36%-5.62% 240M
+2.07%+2.07%+6.47%-43.94% 136M
+4.63%+2.73%+276.67%+334.62% 117M
+0.46%+1.85%-6.78%+30.18% 79.07M
Average +0.62%-0.30%+39.20%+53.21% 873.78M
Weighted average by Cap. -0.75%-1.52%+6.58%+3.08%

Financials

2025 2026
Net sales 24.68B 259M 224M 210M 192M 360M 366M 2.47B 966M 12.36B 971M 950M 41.2B 22.77B 239M 207M 194M 177M 332M 337M 2.28B 891M 11.4B 896M 877M 38.01B
Net income 1.59B 16.65M 14.42M 13.51M 12.33M 23.17M 23.53M 159M 62.13M 795M 62.5M 61.14M 2.65B 2.03B 21.32M 18.47M 17.31M 15.79M 29.68M 30.13M 204M 79.57M 1.02B 80.05M 78.31M 3.4B
Net Debt -952M -9.98M -8.65M -8.1M -7.39M -13.89M -14.1M -95.28M -37.24M -477M -37.47M -36.65M -1.59B -1.73B -18.17M -15.74M -14.75M -13.45M -25.29M -25.68M -173M -67.82M -868M -68.23M -66.74M -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
13/08/26 293.05 -0.02% 14,549
12/08/26 ₹293.10 -0.56% 14,136
11/08/26 ₹294.75 -0.66% 29,122
10/08/26 ₹296.70 +1.31% 28,693
07/08/26 ₹292.85 -2.01% 20,545
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