Valuation: Refex Industries Limited

Market Cap 3.64TCr 38Cr 34Cr 31Cr 28Cr 54Cr 54Cr 376.81Cr 146.56Cr 1.86TCr 141.76Cr 138.72Cr 5.97TCr P/E 2025
30.5x
P/E 2026 12.5x
Enterprise Value 3.47TCr 36Cr 32Cr 30Cr 27Cr 51Cr 52Cr 358.87Cr 139.58Cr 1.77TCr 135.01Cr 132.12Cr 5.69TCr EV / Sales 2025
1.94x
EV / Sales 2026 1.07x
Free-Float
74.38%
Yield 2025 *
-
Yield 2026 0.79%
21/09 Indian shares advance on bargain buying after recent slide RE
19/09 Refex Industries Limited Receives Contract for Lifting of 10 Lakh Metric Tons of Pond Ash and Fly Ash from A Public Sector Undertaking in Madhya Pradesh CI
19/09 Refex Industries Limited Bags Contract for Lifting of 10 Mt of Pond Ash and Fly Ash Valued At INR 1,600 Million CI
24/08 Refex Industries Limited Bags Contracts For Loading, Transportation And Excavation Of Fly Ash Worth INR 337 Million CI
22/08 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
1 day-2.27%
1 week-3.86%
Current month-0.04%
1 month-6.16%
3 months-26.02%
6 months+29.94%
Current year+2.02%
1 week 262.55
Extreme 262.55
279.75
1 month 258.1
Extreme 258.1
297
Current year 188
Extreme 188
371.4
1 year 188
Extreme 188
382.4
3 years 102.42
Extreme 102.42
600
5 years 19.69
Extreme 19.69
600
10 years 2.24
Extreme 2.24
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.($)
-2.27%-3.86% - - 39Cr
-0.74%-4.21%+13.57%+77.70% 15TCr
+1.44%+0.70%+30.15%+41.01% 3.76TCr
-3.16%-2.57%+7.38%+42.27% 2.72TCr
+0.29%-4.13%+8.72%+77.74% 2.42TCr
+0.26%-2.65%+9.86%+5.88% 2.32TCr
+9.80%+12.55%-26.50%-26.60% 2.28TCr
+1.27%+3.63%+94.99%+167.05% 1.09TCr
+1.75%+10.43%-72.42%+465.53% 989.1Cr
+2.03%-0.66%+5.97%-20.54% 673.27Cr
Average +1.07%+1.75%+7.97%+92.23% 3.46TCr
Weighted average by Cap. +0.44%-0.63%+11.42%+70.53%

Financials

2025 2026
Net sales 2.47TCr 26Cr 23Cr 21Cr 19Cr 36Cr 37Cr 255.4Cr 99Cr 1.26TCr 96Cr 94Cr 4.05TCr 2.28TCr 24Cr 21Cr 20Cr 18Cr 34Cr 34Cr 235.64Cr 92Cr 1.16TCr 89Cr 87Cr 3.73TCr
Net income 158.78Cr 1.65Cr 1.46Cr 1.37Cr 1.24Cr 2.34Cr 2.36Cr 16Cr 6.39Cr 81Cr 6.18Cr 6.05Cr 260.39Cr 203.35Cr 2.11Cr 1.87Cr 1.75Cr 1.59Cr 3Cr 3.02Cr 21Cr 8.19Cr 103.74Cr 7.92Cr 7.75Cr 333.5Cr
Net Debt -95Cr -98.74L -87.65L -82.02L -74.34L -1.4Cr -1.41Cr -9.85Cr -3.83Cr -49Cr -3.71Cr -3.63Cr -156.09Cr -173.32Cr -1.8Cr -1.6Cr -1.49Cr -1.35Cr -2.56Cr -2.58Cr -18Cr -6.98Cr -88Cr -6.75Cr -6.6Cr -284.24Cr
Projected Income Statement - Annual - Refex Industries Limited
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
06/26/06 ₹265.15 -2.27% 3,01,675
05/26/05 ₹271.30 0.00% 4,51,891
01/26/01 ₹271.30 +2.28% 3,42,794
30/26/30 ₹265.25 -2.50% 3,12,704
29/26/29 ₹272.05 -1.36% 1,58,081