Refex Industries Limited

NSEI:REFEX Stock Report

Market Cap: ₹42.7b

Refex Industries Dividends and Buybacks

Dividend criteria checks 3/6

Refex Industries is a dividend paying company with a current yield of 0.64% that is well covered by earnings.

Key information

0.6%

Dividend yield

-1.9%

Buyback Yield

Total Shareholder Yield-1.3%
Future Dividend Yieldn/a
Dividend Growth37.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio8%

Recent dividend and buyback updates

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...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: REFEX has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: REFEX's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Refex Industries Dividend Yield vs Market
How does REFEX dividend yield compare to the market?
SegmentDividend Yield
Company (REFEX)0.6%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.5%
Industry Average (Trade Distributors)0.2%
Analyst forecast (REFEX) (up to 3 years)n/a

Notable Dividend: REFEX's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: REFEX's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (1.49%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.1%), REFEX's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (58.8%), REFEX's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 06:55
End of Day Share Price 2026/06/12 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.