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NSE:REFEX

REFEX INDUSTRIES LIMITED

Utilities › Other Utilities·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹222.50
at close · 28 Oct 2026
▼ 9.55 (-4.12%)

Latest filings

  1. Q2 PAT rises 13.1%; new orders lift order book to ₹1,721 crore · Investor Communications
  2. Refex Q2 and H1 FY27: revenue up 36.1% and 54.7%, net profit up 13.1% and 55.4% · Compliance
  3. Q2 FY27 revenue rises 84%, consolidated profit rises 40% · Results
All filings ↓
Ask Nexa about REFEX INDUSTRIES LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

A Other Utilities company listed on NSE and BSE, reporting revenue of ₹2,853 Cr over the trailing twelve months.

Market Cap
₹3,053 Cr
P / E (TTM)
12.3×
EV / EBITDA
6.7×
Div Yield
0.21%
Growth
29.2%▲
Revenue 5y CAGR
PAT +37.8% · EBITDA +39.6%
Quality
21.0%▲
ROCE (FY26)
ROE 13.5% · margin 16.8%
Leverage
0.11·
Debt / Equity · low
Net cash ₹22 Cr
Revenue FY20→FY26
3.4×▲
Margin +3.9 pts
₹661 Cr → ₹2,277 Cr
Cash conversion
-0.01×▼
Operating cash ÷ profit · 5 yrs
₹-4 Cr on ₹612 Cr
Moves on a normal day
1.73%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 8 Waste Management peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#3/8
P/B#5/6
ROCE#2/9
ROE#3/6
Debt / Equity#2/6
EBITDA margin#5/6
Revenue growth#2/7
Profit growth#1/5

Scorecard

Measured from the filed financials, judged against its Waste Management peers · as of FY26 — not investment advice

Strengths
Revenue compounding 29% a year over 5 years
Profit compounding 38% a year over 5 years
Returns on capital 21.0%
#2 of 9 in Waste Management on the latest reported figures · down from 54.8% in FY20
Debt at 0.11× equity
lower than 80% of its 6 Waste Management peers
Concerns
Over 5 years it reported ₹612 Cr of profit and an operating cash outflow of ₹3.92 Cr — -0.01×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 40 → 142 days of receivables
FY20 → FY26
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

REFEX · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from REFEX INDUSTRIES LIMITED's filed financials and exchange disclosures

What does REFEX INDUSTRIES LIMITED do?

REFEX INDUSTRIES LIMITED is a Other Utilities company listed on NSE and BSE, trading under the symbol REFEX.

Is REFEX INDUSTRIES LIMITED profitable?

Yes. Over the trailing twelve months REFEX INDUSTRIES LIMITED reported a net profit of ₹248 Cr on revenue of ₹2,853 Cr.

Does REFEX INDUSTRIES LIMITED pay a dividend?

Yes. The dividend yield is 0.21% at the current price. It paid out 3% of its profit as dividend in FY26.

Is REFEX INDUSTRIES LIMITED debt-free?

On a net basis, yes. It reported borrowings of ₹162 Cr on its 31 Mar 2026 balance sheet, but holds ₹22 Cr more cash than debt.

Is REFEX INDUSTRIES LIMITED expensive compared with its peers?

On trailing P/E, REFEX INDUSTRIES LIMITED ranks 3 of 8 in Waste Management — cheaper than 71% of them, against an industry median of 13.7×. This is a position, not a valuation judgement.

How much does the REFEX INDUSTRIES LIMITED share price move in a day?

On a typical session REFEX INDUSTRIES LIMITED moves 1.73% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track REFEX INDUSTRIES LIMITED's announcements?

Every NSE and BSE filing by REFEX INDUSTRIES LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.