Valuation: Refex Renewables & Infrastructure Limited

Market Cap 1.66B 17.66M 15.85M 14.48M 13.23M 24.96M 25.74M 175M 69.96M 885M 66.29M 64.87M 2.8B P/E 2025
-7.5x
P/E 2026 -2.25x
Enterprise Value 6.47B 68.87M 61.82M 56.48M 51.6M 97.35M 100M 681M 273M 3.45B 259M 253M 10.92B EV / Sales 2025
10.8x
EV / Sales 2026 8.66x
Free-Float
22%
Yield 2025 *
-
Yield 2026 -
11-04 Refex Renewables & Infrastructure Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2026 CI
10-14 Refex Renewables & Infrastructure Limited announced a financing transaction CI
08-25 Refex Renewables & Infrastructure Limited Auditor Raises 'Going Concern' Doubt CI
08-06 Refex Renewables & Infrastructure Limited and Solar Energy Corporation of India Ltd. Enter Contract for 80-Mw Wind Power Project CI
08-04 Refex Renewables & Infrastructure Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 CI
07-01 Refex Renewables & Infrastructure Limited Announces Resignation of Jaya Krishna from Director ? Finance (Corporate Finance), Effective June 30, 2026 CI
05-21 Refex Renewables & Infrastructure Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 CI
04-28 Refex Renewables & Infrastructure Limited Appoints Rajeev Vaze as Chief Operating Officer ? Compressed Bio-Gas CI
02-12 Refex Renewables & Infrastructure Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025 CI
12-30 Refex Renewables & Infrastructure Limited Announces Cessation of Gagan Bihari Pattnaik as Vice-President (Esg & Sustainability) in the Category of Senior Managerial Person and Head ? ESG , Effective December 29, 2025 CI
12-12 Refex Renewables & Infrastructure says income tax department conducted search at Refex Group locations RE
11-12 Refex Renewables & Infrastructure Limited Announces Demise of Krishnan Kunchithapatham, Vice-President and Senior Management Person on November 12, 2025 CI
11-11 Refex Renewables & Infrastructure Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2025 CI
1 day+1.00%
1 week+1.00%
Current month+1.00%
1 month+4.03%
3 months+13.71%
6 months+14.77%
Current year+20.45%
1 week 368.75
Extreme 368.75
368.75
1 month 356.2
Extreme 356.2
368.75
Current year 209.05
Extreme 209.05
368.75
1 year 209.05
Extreme 209.05
669
3 years 209.05
Extreme 209.05
1,183
5 years 60.8
Extreme 60.8
1,183
10 years 5.82
Extreme 5.82
1,183
Manager TitleAgeSince
Chief Executive Officer 43 -
Director of Finance/CFO 41 01/06/2024
Chief Tech/Sci/R&D Officer - 07/08/2025
Director TitleAgeSince
Director/Board Member 43 26/07/2018
Director/Board Member 62 16/06/2020
Director/Board Member 46 01/10/2024
Change 5-day change 1-year change 3-year change Capi.($)
+1.00%+1.00%-46.41%-2.96% 17.64M
+3.74%-6.95%+12.91%+1,158.26% 113B
+2.29%+10.91%+41.01%+28.93% 30.62B
-3.72%+25.55%-60.09%+31.92% 25.26B
+2.75%+15.33%-26.05%+36.86% 21.62B
-2.53%+18.20%+29.68%+195.92% 15.23B
+5.35%+32.24%-1.53%+182.38% 15.8B
-0.40%+12.91%-42.95%-47.04% 14.06B
-1.20%+10.93%-18.97%+118.20% 11.26B
-1.88%+5.14%-10.63%+66.45% 8.55B
Average +0.54%+10.10%-12.30%+176.89% 25.5B
Weighted average by Cap. +1.83%+4.67%+0.58%+549.11%

Financials

2025 2026
Net sales 680M 7.24M 6.5M 5.94M 5.42M 10.23M 10.55M 71.61M 28.68M 363M 27.17M 26.59M 1.15B 665M 7.08M 6.35M 5.8M 5.3M 10M 10.31M 70.01M 28.04M 355M 26.57M 26M 1.12B
Net income -363M -3.87M -3.47M -3.17M -2.9M -5.47M -5.64M -38.25M -15.32M -194M -14.52M -14.2M -613M -420M -4.48M -4.02M -3.67M -3.35M -6.33M -6.52M -44.27M -17.73M -224M -16.8M -16.44M -709M
Net Debt 4.61B 49.13M 44.1M 40.29M 36.8M 69.44M 71.59M 486M 195M 2.46B 184M 180M 7.79B 4.81B 51.21M 45.97M 42M 38.37M 72.38M 74.63M 507M 203M 2.57B 192M 188M 8.12B
Projected Income Statement - Annual - Refex Renewables & Infrastructure Limited
Logo Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure Limited is an India-based solar company. The Company’s offerings are focused on distributed energy in commercial and industrial, rural energy (like solar water pumps), home and street lighting systems, small and medium-sized enterprises (SMEs), residential segments, and emerging technologies (like waste heat to power). The Company's segments include Rural, Commercial and Industrial, and Compressed Bio Gas. The Rural segment comprises of supply, installation, commissioning and maintenance of solar water pumps and home systems. The Commercial and Industrial segment comprises of supply, installation, commissioning and maintenance of ground mount solar power plants and rooftop and sale of electricity. The Compressed Bio Gas segment comprises of production of compressed bio gas. The Company offers its clients 24/7-service support throughout the life of its solar panels. Its clients can monitor their rooftop plant with its Refex Renewables App.
Employees
70
Date Price Change Volume
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