| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
Revenue  | 24 | 62 | 169 | 208 | 140 | 162 | 237 | 126 | 78 | 258 | 144 | 156 | 85 | 96 | 91 | 632 | 384 | 358 | 309 | 350 | 593 | 435 | 711 | 611 | 376 | 420 | 582 | 938 |
| Expenses | 23 | 58 | 160 | 192 | 129 | 148 | 213 | 125 | 70 | 236 | 128 | 131 | 72 | 82 | 78 | 557 | 346 | 318 | 272 | 301 | 543 | 387 | 641 | 547 | 338 | 353 | 495 | 786 |
| EBITDA | 1 | 4 | 10 | 15 | 11 | 14 | 24 | 1 | 8 | 23 | 16 | 26 | 13 | 14 | 13 | 76 | 38 | 39 | 38 | 49 | 51 | 48 | 69 | 63 | 39 | 67 | 87 | 152 |
| Operating Profit % | 2 % | 6 % | 6 % | 7 % | 7 % | 8 % | 10 % | -1 % | 10 % | 9 % | 11 % | 14 % | 14 % | 13 % | 14 % | 12 % | 9 % | 10 % | 11 % | 12 % | 8 % | 10 % | 7 % | 8 % | 8 % | 15 % | 14 % | 16 % |
| Depreciation | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 1 | 0 | 0 | 0 | 4 | 2 | 1 | 1 | 2 | 3 | 3 | 4 | 4 | 6 | 2 | 3 | 3 | 5 | 5 | 5 | 5 |
| Interest | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 8 | 2 | 2 | 2 | 6 | 6 | 6 | 8 | 9 | 6 | 4 | 5 | 5 | 6 | 7 | 9 | 10 |
| Profit Before Tax | 1 | 4 | 10 | 15 | 11 | 14 | 24 | -1 | 7 | 22 | 16 | 13 | 9 | 10 | 10 | 68 | 29 | 30 | 25 | 37 | 39 | 43 | 62 | 55 | 28 | 55 | 73 | 136 |
| Tax | 0 | 0 | 0 | -3 | 2 | 3 | 7 | 4 | 2 | 6 | 4 | 5 | 2 | 3 | 3 | 17 | 8 | 9 | 8 | 3 | 10 | 11 | 12 | 7 | 7 | 19 | 20 | 42 |
| Net Profit | 1 | 4 | 10 | 18 | 9 | 11 | 17 | -5 | 5 | 16 | 12 | 8 | 7 | 8 | 7 | 51 | 21 | 21 | 17 | 33 | 29 | 31 | 50 | 48 | 20 | 36 | 53 | 94 |
| EPS in ₹ | 0.45 | 2.44 | 6.19 | 11.36 | 5.62 | 7.08 | 11.15 | -3.02 | 3.42 | 7.62 | 5.74 | 3.62 | 3.36 | 3.57 | 3.26 | 22.92 | 1.92 | 1.94 | 7.64 | 3.02 | 2.54 | 2.63 | 3.99 | 3.71 | 1.58 | 2.89 | 3.94 | 6.62 |
Refex Industries
Refex Industries
328.30
-0.45
(-0.14%)
Market Cap
4,504.26 Cr
PE Ratio
22.13
Volume
41,95,604.00
Day High - Low
336.95 - 322.20
52W High-Low
534.00 - 188.00
Key Fundamentals
Market Cap
4,504.26 Cr
EPS
15.28
PE Ratio
22.13
PB Ratio
3.00
Book Value
109.62
EBITDA
318.53
Dividend Yield
0.00 %
Industry
Energy Sector
Trading Coal Return on Equity
13.07
Debt to Equity
0.30
Actual
Company News
View All News
Refex Industries secured a domestic order worth ₹36.91 crore for excavation and transportation of pond ash. The contract spans two years.
Refex Industries Q4 Profit Jumps to 940M Rupees YoY4 days ago
Refex Industries posts strong Q4 results with net profit at 940M rupees vs 571M YoY, revenue at 7B rupees vs 6B, and EBITDA margin expanding to 20.1% from 10.38%.
Refex schedules Q4 FY26 earnings call
8 days ago
8 days agoRefex Industries Limited will hold an earnings call on May 28, 2026, to discuss Q4 and FY26 results. The conference is scheduled for 11:00 AM IST.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
328.30 | #1 4,504.26 | #3 22.13 | #1 2,276.74 | #3 -9.58 | #1 205 | #1 97.08 | 81.26 | |
11.58 | 65.91 | 5.83 | 1,416.57 | 10.32 | 11 | 56.25 | 49.55 | |
22.72 | 9.63 | -2.46 | 0.00 | -100.00 | 0 | - | 34.34 | |
25.77 | 7.60 | #1 5.05 | 25.30 | #1 22.22 | 2 | 75.00 | 25.40 |
Growth Rate
Revenue Growth
-9.58 %
Net Income Growth
29.60 %
Cash Flow Change
-9,391.58 %
ROE
-34.68 %
ROCE
-34.99 %
EBITDA Margin (Avg.)
33.98 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | 2026 |
| Total Assets | 70 | 118 | 60 | 98 | 159 | 138 | 341 | 752 | 798 | 1,799 | 2,843 |
| Fixed Assets | 16 | 15 | 15 | 14 | 15 | 22 | 87 | 147 | 204 | 345 | 230 |
| Current Assets | 53 | 100 | 41 | 79 | 131 | 107 | 171 | 526 | 502 | 1,381 | 2,540 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 9 | 17 | 10 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 74 | 74 | 74 | 31 | 76 |
| Other Assets | 54 | 103 | 45 | 83 | 143 | 116 | 181 | 529 | 512 | 1,406 | 0 |
| Total Equity & Liabilities | 70 | 118 | 60 | 98 | 159 | 138 | 341 | 752 | 798 | 1,799 | 2,843 |
| Current Liabilities | 61 | 108 | 13 | 45 | 115 | 50 | 129 | 332 | 194 | 396 | 1,245 |
| Non Current Liabilities | 5 | 0 | 37 | 41 | 0 | 12 | 73 | 106 | 139 | 191 | 89 |
| Total Equity | 4 | 10 | 10 | 11 | 43 | 76 | 140 | 314 | 465 | 1,212 | 1,504 |
| Reserve & Surplus | -11 | -6 | -5 | -4 | 27 | 60 | 119 | 292 | 443 | 1,033 | 1,477 |
| Share Capital | 16 | 16 | 16 | 16 | 16 | 16 | 21 | 22 | 23 | 26 | 27 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 |
| Net Cash Flow | -1 | -0 | 1 | -1 | 3 | 17 | -4 | 10 | 23 | 249 |
| Investing Activities | 4 | -2 | -0 | -1 | 0 | 5 | -122 | -78 | -42 | -90 |
| Operating Activities | -3 | -25 | 4 | -4 | 44 | 12 | 123 | 28 | 3 | -265 |
| Financing Activities | -2 | 26 | -3 | 4 | -41 | 1 | -5 | 60 | 62 | 603 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Oct 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Jul 2024 | Sept 2024 | Nov 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Oct 2025 | Dec 2025 | Mar 2026 | May 2026 |
| Promoter | 49.72 % | 49.72 % | 49.72 % | 49.72 % | 50.21 % | 50.21 % | 50.21 % | 52.70 % | 52.70 % | 52.70 % | 52.70 % | 53.33 % | 53.27 % | 55.28 % | 55.28 % | 57.13 % | 57.12 % | 53.49 % | 53.49 % | 53.37 % | 53.33 % | 53.33 % | 55.92 % | 55.80 % | 55.85 % | 55.85 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.41 % | 0.20 % | 0.22 % | 0.20 % | 0.29 % | 1.53 % | 1.48 % | 1.76 % | 2.00 % | 1.86 % | 1.71 % | 1.60 % | 2.03 % | 1.37 % | 1.65 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.15 % | 0.10 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.11 % | 0.16 % | 0.15 % | 0.14 % | 0.16 % | 0.13 % | 0.14 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 41.62 % | 42.01 % | 42.47 % | 41.67 % | 41.70 % | 42.17 % | 40.91 % | 39.01 % | 39.47 % | 39.33 % | 38.36 % | 38.07 % | 38.49 % | 36.32 % | 36.57 % | 34.98 % | 33.62 % | 34.76 % | 34.65 % | 34.36 % | 34.72 % | 35.04 % | 33.10 % | 32.84 % | 33.17 % | 32.78 % |
| Others | 8.66 % | 8.26 % | 7.81 % | 8.61 % | 8.09 % | 7.62 % | 8.88 % | 8.29 % | 7.83 % | 7.97 % | 8.79 % | 8.10 % | 8.04 % | 8.19 % | 7.95 % | 7.59 % | 7.73 % | 10.27 % | 10.10 % | 10.15 % | 9.94 % | 9.77 % | 9.25 % | 9.17 % | 9.49 % | 9.59 % |
| No of Share Holders | 21,155 | 25,584 | 27,122 | 27,298 | 27,135 | 27,242 | 25,865 | 25,912 | 28,287 | 28,340 | 33,612 | 39,568 | 42,589 | 47,360 | 57,639 | 69,650 | 81,302 | 85,136 | 81,857 | 81,739 | 85,429 | 89,568 | 89,600 | 97,015 | 94,159 | 93,023 |
Dividend History
| Annual Cash Flows | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2 | 0.5 | 0.00 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.49 | 0.13 | 0.00 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 17 Jun 2020 |  Rights | 5:14 | 16 Jun 2020 | 10.68 | 9.70 |
| 12 Jan 2021 |  Dividend | ₹ 1.00 /share | 11 Jan 2021 | 20.07 | 19.69 |
| 18 Sept 2021 | Dividend | ₹ 0.50 /share | 16 Sept 2021 | 32.40 | 30.35 |
| 14 Sept 2023 | Dividend | ₹ 2.00 /share | 14 Sept 2023 | 70.05 | 129.45 |
| 20 Feb 2024 | Dividend | ₹ 0.50 /share | 20 Feb 2024 | 135.79 | 120.80 |
| 24 Jan 2024 |  Split | 2:10 | 22 Mar 2024 | 137.11 | 137.11 |
| 27 Mar 2024 |  Extraordinary General Meeting | NA | 27 Mar 2024 | 130.86 | 140.25 |
| 30 Aug 2024 |  Annual General Meeting | NA | 30 Aug 2024 | 264.10 | 304.70 |
| 26 Oct 2024 | Extraordinary General Meeting | NA | 26 Oct 2024 | 543.65 | 459.05 |
| 13 Nov 2024 |  Quarterly Result Announcement | NA | 13 Nov 2024 | 479.30 | 508.90 |
| 27 Jan 2025 | Quarterly Result Announcement | NA | 27 Jan 2025 | 483.90 | 460.50 |
| 23 Apr 2025 | Quarterly Result Announcement | NA | 23 Apr 2025 | 446.55 | 480.20 |
| 18 Jul 2025 | Annual General Meeting | NA | 18 Jul 2025 | 463.55 | 440.90 |
| 12 Aug 2025 | Quarterly Result Announcement | NA | 12 Aug 2025 | 423.45 | 407.50 |
| 19 Aug 2025 | Dividend | ₹ 0.50 /share | 19 Aug 2025 | 407.50 | 377.20 |
| 04 Nov 2025 | Quarterly Result Announcement | NA | 04 Nov 2025 | 359.65 | 373.80 |
| 21 Jan 2026 | Quarterly Result Announcement | NA | 21 Jan 2026 | 236.60 | 244.20 |
| 26 May 2026 | Quarterly Result Announcement | NA | 26 May 2026 | 274.35 | 284.15 |
Announcements
Compliances-Reg.24(A)-Annual Secretarial Compliance1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release (Revised)4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Dividend Updates4 days ago
4 days agoApproval Of Audited Financial Results For Q4 & FY 2026 Both On Standalone And Consolidated Basis4 days ago
4 days agoBoard Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Held On May 26 20264 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
8 days agoBoard Meeting Intimation for Consideration And Approval Of Audited Financial Results For The Quarter And Year Ended March 31 2026 & To Consider And Recommend The Final Dividend For The FY 2025-26 If Any.10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderMay 13, 2026
May 13, 2026Announcement under Regulation 30 (LODR)-Monitoring Agency ReportMay 13, 2026
May 13, 2026Intimation Of Lapse & Forfeiture Of Convertible Warrants Issued Under SEBI (Issue Of Capital And Disclosure Requirements) Regulations 2018May 07, 2026
May 07, 2026 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMay 04, 2026
May 04, 2026Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotMay 04, 2026
May 04, 2026Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSMay 02, 2026
May 02, 2026Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Apr 28, 2026
Apr 28, 2026Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Apr 28, 2026
Apr 28, 2026Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 28, 2026
Apr 28, 2026Announcement under Regulation 30 (LODR)-AcquisitionApr 26, 2026
Apr 26, 2026Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderApr 20, 2026
Apr 20, 2026Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderApr 16, 2026
Apr 16, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 09, 2026
Apr 09, 2026Announcement under Regulation 30 (LODR)-AcquisitionApr 08, 2026
Apr 08, 2026Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderApr 07, 2026
Apr 07, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 31, 2026
Mar 31, 2026Announcement under Regulation 30 (LODR)-AcquisitionMar 30, 2026
Mar 30, 2026Shareholder Meeting / Postal Ballot-Notice of Postal BallotMar 27, 2026
Mar 27, 2026Closure of Trading WindowMar 27, 2026
Mar 27, 2026Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Mar 27, 2026
Mar 27, 2026Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations - 2015Mar 27, 2026
Mar 27, 2026Board Meeting Outcome for Outcome Of Board MeetingMar 26, 2026
Mar 26, 2026Announcement Under Regulation 30 And Other Applicable Regulations Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Composite Scheme - Observation Letter From Stock ExchangesMar 17, 2026
Mar 17, 2026Engagement Of MUFG Intime India Private Limited As Investor Relations AgencyMar 11, 2026
Mar 11, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 06, 2026
Mar 06, 2026Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations 2011.Feb 28, 2026
Feb 28, 2026Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.Feb 28, 2026
Feb 28, 2026Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSFeb 27, 2026
Feb 27, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 27, 2026
Feb 27, 2026Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Feb 19, 2026
Feb 19, 2026Rumour verification - Regulation 30(11)Feb 19, 2026
Feb 19, 2026Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderFeb 17, 2026
Feb 17, 2026Announcement under Regulation 30 (LODR)-Monitoring Agency ReportFeb 11, 2026
Feb 11, 2026Revised Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations 2011.Feb 03, 2026
Feb 03, 2026Revised Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.Feb 03, 2026
Feb 03, 2026Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJan 27, 2026
Jan 27, 2026Mutual Fund Holdings
| Funding House | Current Holding % | 1M Change | 1M Change % | 3M Change % | Last 6M Trend |
|---|---|---|---|---|---|
 Motilal Oswal BSE 1000 Index Fund Direct-Growth | 0.01% | 7 | 0.00% | 0.00% | |
 Angel One Nifty Total Market Index Fund Direct-Growth | 0.01% | 0 | 0.00% | 0.00% | |
 Bandhan Nifty Total Market Index Fund Direct-Growth | 0.01% | 0 | 0.00% | 0.00% | |
 Groww Nifty Total Market Index Fund Direct-Growth | 0.01% | 0 | 0.00% | 0.00% | |
 Mirae Asset Nifty Total Market Index Fund Direct-Growth | 0.01% | 0 | 0.00% | 0.00% | |
Motilal Oswal Nifty Microcap 250 Index Fund Direct-Growth | 0.20% | 0 | 0.00% | 0.03% | |
 Samco Multi Cap Fund Direct-Growth | 0.00% | 0 | 0.00% | 0.00% |
Technical Indicators
RSI(14)
Overbought 81.26
ATR(14)
Less Volatile 16.83
STOCH(9,6)
Neutral 64.61
STOCH RSI(14)
Overbought 99.52
MACD(12,26)
Bullish 4.99
ADX(14)
Strong Trend 47.19
UO(9)
Bearish 53.28
ROC(12)
Uptrend And Accelerating 28.52
WillR(14)
Overbought -17.52
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