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Refex Industries LimitedNSEI:REFEX Stock Report

Market Cap ₹48.3b
Share Price
n/a
1Y-23.6%
7D-2.6%
1D-1.3%
Portfolio Value
View

Refex Industries Limited

NSEI:REFEX Stock Report

Market Cap: ₹48.3b

Refex Industries (REFEX) Stock Overview

Engages in handling and disposal of fly ash in India. More details

REFEX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends3/6

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Refex Industries Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Refex Industries
Historical stock prices
Current Share Price₹347.00
52 Week High₹464.35
52 Week Low₹188.00
Beta1.72
1 Month Change11.04%
3 Month Change54.78%
1 Year Change-23.61%
3 Year Change170.71%
5 Year Change1,131.81%
Change since IPO4,936.28%

Recent News & Updates

Analysis Article Jun 02

Refex Industries (NSE:REFEX) Strong Profits May Be Masking Some Underlying Issues

The market for Refex Industries Limited's ( NSE:REFEX ) stock was strong after it released a healthy earnings report...
Analysis Article May 31

Here's Why We Think Refex Industries (NSE:REFEX) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Recent updates

Analysis Article Jun 02

Refex Industries (NSE:REFEX) Strong Profits May Be Masking Some Underlying Issues

The market for Refex Industries Limited's ( NSE:REFEX ) stock was strong after it released a healthy earnings report...
Analysis Article May 31

Here's Why We Think Refex Industries (NSE:REFEX) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 13

Is Refex Industries (NSE:REFEX) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 13

Why Investors Shouldn't Be Surprised By Refex Industries Limited's (NSE:REFEX) 29% Share Price Plunge

The Refex Industries Limited ( NSE:REFEX ) share price has fared very poorly over the last month, falling by a...
Analysis Article Nov 13

Statutory Earnings May Not Be The Best Way To Understand Refex Industries' (NSE:REFEX) True Position

Investors were disappointed with Refex Industries Limited's ( NSE:REFEX ) recent earnings release. We did some analysis...
Analysis Article Jul 23

Is Refex Industries (NSE:REFEX) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 28

The Returns On Capital At Refex Industries (NSE:REFEX) Don't Inspire Confidence

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article May 01

Refex Industries (NSE:REFEX) Is Posting Solid Earnings, But It Is Not All Good News

Refex Industries Limited's ( NSE:REFEX ) solid earnings report last week was underwhelming to investors. We did some...
Analysis Article Apr 19

Refex Industries Limited's (NSE:REFEX) Popularity With Investors Is Clear

With a price-to-earnings (or "P/E") ratio of 40.6x Refex Industries Limited ( NSE:REFEX ) may be sending very bearish...
Analysis Article Jul 02

Investors Still Aren't Entirely Convinced By Refex Industries Limited's (NSE:REFEX) Earnings Despite 38% Price Jump

The Refex Industries Limited ( NSE:REFEX ) share price has done very well over the last month, posting an excellent...
Analysis Article Jun 01

Refex Industries' (NSE:REFEX) Shareholders Have More To Worry About Than Only Soft Earnings

The market wasn't impressed with the soft earnings from Refex Industries Limited ( NSE:REFEX ) recently. We did some...
Analysis Article Apr 27

Investors Still Aren't Entirely Convinced By Refex Industries Limited's (NSE:REFEX) Earnings Despite 26% Price Jump

Refex Industries Limited ( NSE:REFEX ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Aug 17

Refex Industries (NSE:REFEX) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jul 11

Is Now The Time To Put Refex Industries (NSE:REFEX) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Dec 26

Do Refex Industries' (NSE:REFEX) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Aug 03

Does Refex Industries (NSE:REFEX) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 21

Refex Industries (NSE:REFEX) Is Achieving High Returns On Its Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

REFEXIN Trade DistributorsIN Market
7D-2.6%6.7%1.8%
1Y-23.6%20.0%-0.9%

Return vs Industry: REFEX underperformed the Indian Trade Distributors industry which returned 20% over the past year.

Return vs Market: REFEX underperformed the Indian Market which returned -0.9% over the past year.

Price Volatility

Is REFEX's price volatile compared to industry and market?
REFEX volatility
REFEX Average Weekly Movement6.4%
Trade Distributors Industry Average Movement6.6%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.3%
10% least volatile stocks in IN Market4.0%

Stable Share Price: REFEX has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: REFEX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002295T. Jainrefex.co.in

Refex Industries Limited engages in handling and disposal of fly ash in India. It provides refills hydrofluorocarbons, which is used in air conditioners, refrigerators, and refrigeration systems. The company engages in solar power generation and related activities; coal trading; and providing coal yard management services and power trading solutions.

Refex Industries Limited Fundamentals Summary

How do Refex Industries's earnings and revenue compare to its market cap?
REFEX fundamental statistics
Market cap₹48.25b
Earnings (TTM)₹2.42b
Revenue (TTM)₹22.77b
19.7x
P/E Ratio
2.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REFEX income statement (TTM)
Revenue₹22.77b
Cost of Revenue₹18.43b
Gross Profit₹4.34b
Other Expenses₹1.92b
Earnings₹2.42b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)17.64
Gross Margin19.05%
Net Profit Margin10.63%
Debt/Equity Ratio10.7%

How did REFEX perform over the long term?

See historical performance and comparison

Dividends

0.6%
Current Dividend Yield
8%
Payout Ratio

Does REFEX pay a reliable dividends?

See REFEX dividend history and benchmarks
When do you need to buy REFEX by to receive an upcoming dividend?
Refex Industries dividend dates
Ex Dividend DateJul 24 2026
Dividend Pay DateAug 29 2026
Days until Ex dividend16 days
Days until Dividend pay date52 days

Does REFEX pay a reliable dividends?

See REFEX dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/07 14:05
End of Day Share Price 2026/07/07 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Refex Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.