| 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 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
Revenue  | 0 | 0 | 0 | 74 | 8 | 10 | 26 | 20 | 11 | 26 | 23 | 24 | 12 | 28 | 13 | 23 | 19 | 12 | 20 | 46 | 29 | 21 | 23 | 20 | 18 | 14 | 17 | 25 | 19 | 15 | 19 |
| Expenses | 0 | 0 | 0 | 63 | 9 | 16 | 26 | 23 | 11 | 24 | 22 | 38 | 15 | 16 | 19 | 20 | 12 | 10 | 11 | 35 | 9 | 11 | 13 | 11 | 9 | 9 | 8 | 10 | 8 | 11 | 10 |
| EBITDA | 0 | 0 | 0 | 11 | -1 | -6 | 0 | -3 | 0 | 2 | 2 | -13 | -4 | 12 | -7 | 3 | 6 | 2 | 8 | 11 | 20 | 11 | 11 | 9 | 9 | 5 | 9 | 15 | 11 | 4 | 9 |
| Operating Profit % | 0 % | 0 % | 0 % | 11 % | -18 % | -77 % | -0 % | -14 % | -2 % | 7 % | -3 % | -154 % | -44 % | -5 % | -75 % | -18 % | 19 % | -2 % | 35 % | -2 % | 47 % | 48 % | 39 % | 38 % | 49 % | 35 % | 48 % | 51 % | 52 % | 22 % | 38 % |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 4 | 2 | 2 | 6 | 7 | 4 | 5 | 5 | 5 | 7 | 7 | 7 | 13 | 11 | 11 | 11 | 10 | 10 | 10 | 11 | 12 | 11 | 12 | 13 |
| Profit Before Tax | 0 | 0 | 0 | 11 | -2 | -7 | -1 | -10 | -6 | -4 | -8 | -24 | -11 | 2 | -16 | -7 | -5 | -9 | -4 | -5 | 6 | -5 | -5 | -5 | -6 | -10 | -7 | -1 | -5 | -12 | -9 |
| Tax | 0 | 0 | 0 | 3 | 0 | 0 | -0 | 2 | 0 | 1 | 2 | -17 | 1 | 2 | 2 | -0 | 0 | 1 | 1 | 6 | 9 | 6 | 6 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 2 |
| Net Profit | 0 | 0 | 0 | 8 | -2 | -7 | -1 | -12 | -6 | -4 | -10 | -7 | -12 | 0 | -18 | -7 | -5 | -10 | -4 | -11 | -3 | -11 | -11 | -11 | -9 | -13 | -10 | -5 | -8 | -14 | -11 |
| EPS in ₹ | -0.08 | 0.11 | 0.00 | 17.16 | -3.42 | -16.00 | -1.04 | -27.00 | -13.00 | -10.00 | -22.10 | -14.03 | -27.51 | -0.06 | -39.18 | -15.57 | -11.04 | -21.49 | -9.37 | -25.24 | -5.61 | -23.23 | -23.54 | -24.01 | -18.94 | -28.28 | -22.67 | -11.35 | -16.78 | -31.89 | -24.58 |
Refex Renewables Infrastructure
Refex Renewables Infrastructure
272.90
-2.60
(-0.94%)
Market Cap
122.73 Cr
PE Ratio
-3.27
Volume
52.00
Day High - Low
275.35 - 264.10
52W High-Low
1,183.00 - 225.70
Key Fundamentals
Market Cap
122.73 Cr
EPS
-81.26
PE Ratio
-3.27
PB Ratio
-1.88
Book Value
-146.83
EBITDA
37.60
Dividend Yield
0.00 %
Industry
Construction Sector
Civil Construction Return on Equity
77.53
Debt to Equity
18.35
Actual
Company News
View All News
Refex Renewables & Infrastructure Limited's Nomination & Remuneration Committee approved granting 10,942 Employee Stock Options to 5 eligible employees on February 11, 2026, with exercise prices of ₹197 and ₹141.
Refex Renewables confirms through RTI response that Income Tax Department issued no official statements regarding December 2025 search operations, contradicting media reports.
Refex Renewables & Infrastructure Limited's Board unanimously declined Avyan Pashupathy Capital Advisors' request to reclassify from promoter to public category due to 30.95% shareholding exceeding regulatory limits.
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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 |
|---|---|---|---|---|---|---|---|---|
4,259.20 | #1 5,85,887.41 | 32.02 | #1 2,59,859.30 | 15.35 | #1 17,687 | -3.76 | 58.56 | |
321.65 | 67,064.67 | 57.95 | 20,922.80 | -9.28 | 1,282 | 4.01 | 51.08 | |
94.54 | 25,525.80 | 38.29 | 12,273.00 | 15.34 | 557 | 38.48 | 37.10 | |
40.16 | 24,252.62 | 31.67 | 8,031.50 | -2.08 | 6,481 | -96.50 | 37.93 | |
1,205.40 | 20,584.92 | 24.80 | 22,378.30 | 13.65 | 567 | 6.81 | 64.54 | |
590.70 | 15,724.43 | 22.80 | 21,917.60 | 9.77 | 571 | -1.62 | 36.27 | |
148.03 | 13,922.45 | 22.98 | 11,131.00 | -13.52 | 728 | 15.91 | 37.05 | |
1,169.45 | 13,600.65 | 27.31 | 2,428.60 | #1 48.22 | 378 | 24.27 | 66.51 | |
215.76 | 12,126.63 | #1 15.71 | 3,247.80 | -7.21 | 472 | #1 219.41 | 64.36 | |
308.00 | 11,327.77 | 25.55 | 13,022.80 | -4.57 | 487 | -34.99 | 23.54 |
Growth Rate
Revenue Growth
-10.74 %
Net Income Growth
5.81 %
Cash Flow Change
-77.57 %
ROE
-117.23 %
ROCE
-39.87 %
EBITDA Margin (Avg.)
6.27 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 5 | 74 | 308 | 390 | 553 | 603 | 510 | 517 |
| Fixed Assets | 0 | 13 | 169 | 171 | 173 | 172 | 458 | 453 |
| Current Assets | 4 | 52 | 89 | 133 | 106 | 98 | 34 | 38 |
| Capital Work in Progress | 0 | 0 | 19 | 33 | 231 | 288 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 5 | 61 | 120 | 186 | 149 | 143 | 53 | 64 |
| Total Liabilities | 5 | 74 | 308 | 390 | 553 | 603 | 510 | 517 |
| Current Liabilities | 0 | 51 | 62 | 61 | 157 | 99 | 76 | 72 |
| Non Current Liabilities | 0 | 12 | 135 | 151 | 327 | 463 | 427 | 492 |
| Total Equity | 5 | 12 | 112 | 179 | 69 | 41 | 8 | -47 |
| Reserve & Surplus | 0 | 8 | 117 | -41 | -74 | -97 | -121 | -180 |
| Share Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Cash Flow
| Cash Flow | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 5 | -4 | 10 | -1 | -3 | -1 | 5 |
| Investing Activities | 2 | 5 | -62 | -159 | -74 | -15 | -40 |
| Operating Activities | -1 | -14 | -46 | 84 | -55 | 121 | 27 |
| Financing Activities | 3 | 5 | 119 | 74 | 125 | -107 | 18 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
| Promoter | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 74.97 % | 74.89 % | 74.89 % | 74.89 % | 74.87 % |
| FIIs | 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 % |
| DIIs | 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 % |
| 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 % |
| Public / Retail | 22.49 % | 22.45 % | 22.77 % | 22.55 % | 21.70 % | 21.33 % | 21.37 % | 21.36 % | 21.27 % | 21.25 % | 21.05 % | 21.02 % | 21.10 % | 20.77 % | 20.87 % | 20.51 % | 20.64 % | 20.80 % | 20.48 % | 20.92 % |
| Others | 2.51 % | 2.55 % | 2.23 % | 2.45 % | 3.30 % | 3.67 % | 3.63 % | 3.64 % | 3.73 % | 3.75 % | 3.95 % | 3.98 % | 3.90 % | 4.23 % | 4.13 % | 4.51 % | 4.47 % | 4.31 % | 4.63 % | 4.21 % |
| No of Share Holders | 763 | 737 | 783 | 890 | 862 | 871 | 1,069 | 1,094 | 1,105 | 1,166 | 1,266 | 1,325 | 2,495 | 2,580 | 2,486 | 2,809 | 2,798 | 2,717 | 2,690 | 2,926 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 25 Oct 2022 |  Change Of Name | NA | 25 Oct 2022 | 498.95 | 498.95 |
| 27 Sept 2024 |  Annual General Meeting | NA | 27 Sept 2024 | 655.80 | 838.80 |
| 08 Nov 2024 |  Quarterly Result Announcement | NA | 08 Nov 2024 | 1,143.45 | 1,131.90 |
| 05 Feb 2025 | Quarterly Result Announcement | NA | 05 Feb 2025 | 704.30 | 717.00 |
| 21 May 2025 | Quarterly Result Announcement | NA | 21 May 2025 | 718.75 | 798.00 |
| 07 Aug 2025 | Quarterly Result Announcement | NA | 07 Aug 2025 | 762.35 | 698.90 |
| 18 Sept 2025 | Annual General Meeting | NA | 18 Sept 2025 | 698.90 | 681.00 |
| 10 Nov 2025 | Quarterly Result Announcement | NA | 10 Nov 2025 | 682.20 | 661.55 |
| 11 Feb 2026 | Quarterly Result Announcement | NA | 11 Feb 2026 | 264.75 | 281.70 |
Announcements
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
3 days ago
3 days agoClarification On Speculative News / Rumours In Respect Of Search Operations At Refex Group By The Income-Tax Department.5 days ago
5 days agoStay Order By The Securities Appellate Tribunal On Recovery Of Penalty Levied Vide Order Dated December 12 2025 Passed By The Securities And Exchange Board Of India.5 days ago
5 days agoOutcome Of The Meeting Of The Board Of Directors Of Refex Renewables & Infrastructure Limited (Company) Held On February 11 2026 Inter-Alia For Considering Request From One Of The Promoters Of The Company For Re-Classification To Public Category In The ShFeb 11, 2026
Feb 11, 2026Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSFeb 11, 2026
Feb 11, 2026Outcome Of Board Meeting Dated February 11 2025.Feb 11, 2026
Feb 11, 2026Board Meeting Outcome for Unaudited Financial Results For Q3 And 9 Months Ended December 31 2025.Feb 11, 2026
Feb 11, 2026Unaudited Financial Results For The 3Rd Quarter And Nine Months Ended December 31 2025 Both On Standalone And Consolidated Basis.Feb 11, 2026
Feb 11, 2026Update On Initiation Of Corporate Insolvency Resolution Process Against Sherisha Solar LLP A Step-Down Wholly-Owned Subsidiary.Feb 04, 2026
Feb 04, 2026Board Meeting Intimation for Approval Of The Unaudited Financial Results For The 3Rd Quarter And Nine Months Ended December 31 2025 Of The Financial Year 2025-26Feb 04, 2026
Feb 04, 2026Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations 2011.Jan 30, 2026
Jan 30, 2026Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.Jan 30, 2026
Jan 30, 2026Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Jan 30, 2026
Jan 30, 2026Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Jan 30, 2026
Jan 30, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 02, 2026
Jan 02, 2026Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateJan 02, 2026
Jan 02, 2026Announcement under Regulation 30 (LODR)-Change in ManagementDec 30, 2025
Dec 30, 2025Closure of Trading WindowDec 29, 2025
Dec 29, 2025GST Demand Order Under Section 73 Of The Central Goods And Services Tax Act 2017.Dec 23, 2025
Dec 23, 2025Imposition Of Penalty On Promoter & Non-Executive Director By SEBI In Alleged Insider Trading Matter.Dec 14, 2025
Dec 14, 2025Closure Of Search Operations At Refex Group Office By The Income-Tax DepartmentDec 14, 2025
Dec 14, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportDec 12, 2025
Dec 12, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotDec 12, 2025
Dec 12, 2025Rumour verification - Regulation 30(11)Dec 12, 2025
Dec 12, 2025Filing Of Application For Initiation Of Corporate Insolvency Resolution Process Against Sherisha Solar LLP A Step-Down Wholly-Owned Subsidiary.Nov 18, 2025
Nov 18, 2025Announcement under Regulation 30 (LODR)-Change in ManagementNov 12, 2025
Nov 12, 2025Announcement under Regulation 30 (LODR)-DemiseNov 12, 2025
Nov 12, 2025Announcement under Regulation 30 (LODR)-AllotmentNov 10, 2025
Nov 10, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotNov 10, 2025
Nov 10, 2025Outcome Of The Meeting Of The Board Of Directors Held On November 10 2025 Inter-Alia For Considering Request To Review Classification Of One Of The Promoters And Requesting Re-Classification To Public Category In The Shareholding Pattern In Accordance WitNov 10, 2025
Nov 10, 2025Unaudited Financial Results (Including Segment-Wise Results) Of The Company For The 2Nd Quarter & Half Year Ended September 30 2025 Of The Financial Year 2025-26 Both On Standalone And Consolidated Basis.Nov 10, 2025
Nov 10, 2025Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Dated November 10 2025.Nov 10, 2025
Nov 10, 2025Intimation Of Request Of Re-Classification Of Avyan Pashupathy Capital Advisors Private Limited From Promoter Group To Public Category.Nov 04, 2025
Nov 04, 2025Board Meeting Intimation for Unaudited Financial Results For Q2FY26.Nov 03, 2025
Nov 03, 2025Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateOct 28, 2025
Oct 28, 2025Announcement under Regulation 30 (LODR)-Diversification / DisinvestmentOct 14, 2025
Oct 14, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderOct 07, 2025
Oct 07, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Oct 06, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025New Line Of Business - Manure Including Organic ManureSep 18, 2025
Sep 18, 2025Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of AssociationSep 18, 2025
Sep 18, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 18, 2025
Sep 18, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 18, 2025
Sep 18, 2025Notice Convening 31St Annual General Meeting Of Refex Renewables & Infrastructure Limited.Aug 25, 2025
Aug 25, 2025Reg. 34 (1) Annual Report.Aug 25, 2025
Aug 25, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 21, 2025
Aug 21, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 07, 2025
Aug 07, 2025Designated Officials In The Category Of Senior Managerial Personnel W.E.F. August 07 2025.Aug 07, 2025
Aug 07, 2025Unaudited Financial Results For Quarter Ended June 30 2025 Of FY26Aug 07, 2025
Aug 07, 2025Board Meeting Outcome for Outcome Of Board Meeting Dated August 07 2025.Aug 07, 2025
Aug 07, 2025Technical Indicators
RSI(14)
Neutral 45.99
ATR(14)
Less Volatile 16.20
STOCH(9,6)
Neutral 40.24
STOCH RSI(14)
Neutral 42.22
MACD(12,26)
Bullish 1.36
ADX(14)
Weak Trend 12.82
UO(9)
Bearish 50.63
ROC(12)
Uptrend And Accelerating 1.81
WillR(14)
Neutral -57.56
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