Refex Industries
361.35
-4.05(-1.11%)
Market Cap₹4,671.55 Cr
PE Ratio31.28
IndustryEnergy
Company Performance:
1D-1.11%
1M-0.26%
6M-5.64%
1Y-30.04%
5Y+3,719.77%
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More news about Refex Industries
11Aug 25
Refex Industries Rebrands eVeelz Division to Refex Mobility, Appoints New Leadership
Refex Industries has rebranded its electric mobility division from 'Refex eVeelz' to 'Refex Mobility'. Anirudh Arun has been appointed as CEO of Refex Green Mobility Limited, with Ankit Grover as CBO. The company has expanded its leadership team and grown its EV fleet from 24 to nearly 1,400 vehicles since March 2023. Refex Mobility aims to provide tech-backed B2B and B2B2C mobility solutions, focusing on reliability, safety, sustainability, and social impact.
05Aug 25
Refex Industries Promoter Pledges 10% Equity Shares, Company Announces Board Meeting
Refex Industries Limited's promoter, Refex Holding Private Limited, has pledged 10% of the company's paid-up equity capital to Touchstone Trust Scheme VI. The company also announced a board meeting on August 12, 2025, to review Q1 FY2025-26 financial results and consider an interim dividend. The trading window for insiders is closed until 48 hours after the results publication.
02Aug 25
Refex Industries Bags ₹50 Crore Order from NTPC for Pond Ash Management
Refex Industries Limited has obtained a ₹50 crore order from NTPC Limited for the transportation and unloading of pond ash. The contract spans one year with a possible six-month extension. This domestic contract with India's largest power generation utility is expected to significantly contribute to Refex Industries' revenue over the next 12-18 months. The order highlights the company's capabilities in industrial waste management, particularly in the power sector.
07Jul 25
Refex Industries Secures Major Order Worth ₹250 Crore
Refex Industries Limited has secured a substantial order valued at approximately ₹250.00 crore (2.50 billion rupees). This significant business development is expected to bolster the company's market position and potentially boost its revenue. While specific details about the order and client remain undisclosed, the contract's size suggests it could strengthen Refex Industries' standing in the market and possibly lead to improved financial performance in upcoming quarters. The order may also necessitate operational scaling and could increase investor confidence in the company's capabilities.
24Apr 25
Refex Industries Reports Robust Growth in Q4 and FY2025, Net Profit Soars 88% YoY
Refex Industries Limited announced its Q4 and FY2025 financial results, showing significant growth. Annual revenue increased by 77% to ₹2,43,001.62 crore, while net profit soared by 88% to ₹18,941.10 crore. The ash and coal handling segment was the top performer with 136% YoY growth. The company raised capital through preferential allotments and implemented strategic initiatives, including changes in subsidiary operations and financial management decisions.
23Apr 25
Refex Industries Reports Strong FY2025 Performance with 77% Revenue Growth
Refex Industries Limited announced robust financial results for FY2025. Revenue surged 77% to ₹2,43,001.62 crore, while net profit jumped 88% to ₹18,941.10 crore. Q4 performance was equally strong with 81% YoY revenue growth. The Ash & Coal Handling segment remained the primary revenue driver. Total assets increased significantly to ₹1,68,096.05 crore, with a strong cash position of ₹26,393.16 crore. The company also approved new governance policies to support future growth.
02Apr 25
Refex Industries Secures Tender for 200 TPD Bio-CNG Plant in Salem
Refex Industries Limited has secured a tender to establish a 200 Tonnes Per Day (TPD) Municipal Solid Waste based Bio-CNG plant in Salem, Tamil Nadu. The project aims to convert municipal waste into compressed natural gas, addressing waste management issues and producing renewable energy. This initiative is expected to reduce landfill waste, generate clean energy, and mitigate greenhouse gas emissions. The project aligns with India's goals for clean energy promotion and improved urban waste management.
01Apr 25
Refex Industries Greenlights Massive Financial Transactions Worth ₹43.60 Billion
Refex Industries' board has approved investments, loans, and guarantees of up to ₹2,500 crore, along with related party transactions of ₹1,860 crore with Venwind Refex Power. The total approved transactions amount to ₹4,360 crore, signaling potential expansion, new market entries, and strengthened industry partnerships.
28Mar 25
Refex Industries Approves ₹2,500 Crore Investment Plan and ₹1,860 Crore Related Party Transaction
Refex Industries' board has approved investments, loans, and guarantees up to ₹2,500 crore, exceeding limits under the Companies Act, 2013. They also sanctioned a ₹1,860 crore related party transaction with subsidiary Venwind Refex Power Limited. Shareholder approval will be sought via postal ballot from April 03 to May 02, 2025. The board amended the Employee Stock Option Scheme 2021. Subsidiary Refex Green Mobility Limited withdrew from a proposed 2,997 electric vehicle acquisition deal with Gensol Engineering Limited.
28Mar 25
Refex Green Mobility Withdraws from Asset Takeover Deal with Gensol Engineering
Refex Green Mobility Limited (RGML), a subsidiary of Refex Industries, has decided to withdraw from its proposed acquisition of 2,997 electric vehicles from Gensol Engineering Limited. The decision was made after mutual agreement and due to evolving commitments and timeline challenges. This development marks a shift in Refex's strategy in the electric mobility sector, potentially impacting its growth plans in the EV market.
05Mar 25
Refex eVeelz Gears Up for Major EV Fleet Expansion Across Four Indian Metros
Refex Industries Limited's subsidiary, Refex Green Mobility Limited (Refex eVeelz), announces plans to add 1,000 electric cars to its fleet in FY26. The expansion involves a strategic partnership with a leading ride-hailing platform, focusing on Chennai, Hyderabad, Bengaluru, and Mumbai. This move will increase Refex eVeelz's current fleet of 1,300 electric vehicles, reinforcing its position in the EV-as-a-service sector and contributing to India's sustainable mobility goals.
04Mar 25
Refex eVeelz Gears Up for Major EV Fleet Expansion with 1,000 New Electric Cars
Refex Green Mobility Limited (Refex eVeelz), a subsidiary of Refex Industries Limited, plans to expand its electric vehicle fleet by 1,000 cars in FY2026. The company has partnered with a leading ride-hailing platform to operate these e4Ws in Chennai, Hyderabad, Bengaluru, and Mumbai. Currently operating nearly 1,300 EVs, this expansion will strengthen Refex eVeelz's position in the EV-as-a-service sector. The initiative aligns with India's sustainability goals and aims to contribute to urban carbon footprint reduction.
Refex Industries
361.35
-4.05
(-1.11%)
1 Year Returns:-30.04%
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361.35
(-1.11%)
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