Refex Industries Q3 FY26: profit Rs 67.77 cr; exits Refrigerant Gas biz

Exceptional ItemEbitda Margin ExpansionRevenue DeclineResults View source PDF Explain this filing

REFEX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹242.50

prior close

₹243.75

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.8%-2.3% vs market

Waste Management peers, median of 7sector-1.7%-1.4% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.4 pts less than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.8

15m

-0.8

30m

-3.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-0.8-2.3-1.7-1.4

Next day

-3.3+0.7-4.0-1.2-2.1

-8.5-1.4-7.0+0.2-8.7

-9.3-1.3-8.0-1.0-8.3

-4.3+0.7-5.0+0.3-4.6

-7.4+0.3-7.7+1.2-8.6

-9.3+0.9-10.1-2.1-7.2

15d

-0.2+6.8-6.9+7.8-7.9

-2.3+4.3-6.5-1.1-1.2

-22.4-8.7-13.7-20.1-2.3

+6.4+8.6-2.2+5.3+1.1

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved Q3 FY26 results. Continuing revenue fell to Rs 576 cr (from Rs 686 cr), while earnings before interest and tax jumped to Rs 91 cr (from Rs 51 cr), lifting margins sharply. Standalone profit at Rs 67.77 cr (vs Rs 59.16 cr). Nine-month profit rose 20 percent to Rs 153 cr. Board approved exiting Refrigerant Gas business (about 2.5 percent of revenue). Power Trading segment reclassified as discontinued. Related Party policy also revised.

Likely market impact

Strong margin expansion in core business despite revenue decline. Exiting smaller segments to refocus capital. Watch profitability trend.