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Refex Industries Limited

BSE: REFEX532884ISIN INE056I01025
  • Utilities
  • Waste Management
  • BSE 1000

Share price

₹222.30+2.65 (+1.21%)
as of 4 Nov 2026
Refex Industries Limited share price, 4 Nov 2025 to 4 Nov 2026: ₹374.75 to ₹222.30 (-40.7%). Low ₹189.20, high ₹374.75. Volume shown below the price.

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high
₹382.05
52W low
₹188.00
Off 52W high
-41.81%
1M return
-18.29%
3M return
-26.18%
6M return
-13.11%
1Y return
-40.68%
20D avg volume
45,987
50 DMA
₹263.03
200 DMA
₹267.89

Key ratios Consolidated

Market cap
₹3,051 Cr
Current price
₹222.30
52W high / low
₹382.05 / ₹188.00
Face value
₹2.00
P/E
11.63
P/B
1.90
EPS (TTM)
₹19.12
Book value / share
₹116.88
ROE
—
ROCE
21.00%
Operating margin
—
Net margin
—
Debt / equity
0.11
Net debt
₹-21.60 Cr
Interest cover
11.30
Dividend yield
0.45%
Dividend / share (TTM)
₹1.00
Payout
5.23%
Cash conversion cycle
79.9 days

Financials

MetricQ2 FY27Q1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24
Income statement
761.32916.31934.17576.01426.85383.25627.76717.13527.65595.12342.35305.99
2.0412.353.945.805.2010.6516.1224.807.082.097.963.20
763.36928.65938.10581.81432.05393.90643.88741.92534.73597.22350.31309.19
682.69828.11790.12500.43368.14369.48584.37682.61492.98558.15313.75283.98
619.25828.30758.20207.60179.18180.26247.65146.2468.3081.4694.1063.46
0.000.000.00276.64196.22158.80286.71494.63389.64466.10190.22198.85
13.4010.787.729.9010.9314.0312.7110.028.078.496.075.42
16.9212.9210.159.146.629.938.817.695.365.848.508.31
6.405.835.335.045.1514.1411.628.916.425.614.163.98
11.3622.9314.4310.266.398.5714.5713.034.346.0710.645.54
80.67100.55147.9881.3863.9124.4359.5259.3141.7539.0636.5625.21
0.000.000.000.000.000.000.000.000.270.000.02-0.01
80.67100.55147.9881.3863.9124.4359.5259.3142.0239.0636.5825.19
21.1226.0242.0020.0418.623.8811.609.2610.969.723.218.30
50.6964.5694.4552.7136.1920.3747.9250.0531.0629.3533.3816.89
3.694.656.623.943.501.593.713.992.602.543.027.64
Key metrics
103.99119.30163.4695.5675.6848.5079.9575.9153.8050.5149.2437.48
13.70%13.00%17.50%16.60%17.70%12.70%12.70%10.60%10.20%8.50%14.40%12.20%
6.70%7.00%10.10%9.20%8.50%5.30%7.60%7.00%5.90%4.90%9.80%5.50%
5.80%—9.20%—4.70%—4.90%—————
78.40%139.10%48.80%-19.70%-19.10%-35.60%83.40%134.40%————
40.10%216.90%97.10%5.30%16.50%-30.60%43.60%196.30%————
MetricTTMFY26FY25FY24FY23
Income statement
3,1882,2772,4681,3831,629
24.1325.3250.3618.268.29
3,2122,3022,5181,4011,637
2,8011,9722,3181,2801,481
2,4131,919543.65275.84201.31
276.640.001,637910.961,224
41.8038.4639.2920.4914.04
49.1332.0827.6929.3619.41
22.6020.0032.5613.546.89
58.9838.0038.0126.4317.99
410.58330.43199.91121.46156.63
0.000.000.00-0.13-0.25
410.58330.43199.91121.33156.39
109.1888.0541.5328.3540.33
262.41203.72158.3892.98116.06
18.9015.2812.938.4053.89
Key metrics
482.31382.51260.16164.23182.69
15.13%16.80%10.50%11.90%11.20%
8.23%8.90%6.40%6.70%7.10%
—21.00%16.20%——
47.93%-7.70%78.40%-15.10%—
69.81%28.60%70.30%-19.90%—
—107.14-264.81——
—0.53-1.67——
—0.110.14——
—-21.60-109.94——
—79.975.8——
Balance sheet
—2,8431,799——
—2,3271,381——
—183.71281.62——
—886.25676.77——
—76.077.41——
—903.35313.41——
—151.53333.21——
—464.28171.73——
—1,117396.25——
—162.11171.68——
—133.2979.84——
—28.8291.84——
—1,5091,212——
Cash flow
—107.14-264.81——
—-267.90-89.70——
—65.35603.05——
—0.000.00——
MetricQ2 FY27Q1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24
Income statement
559.51619.25701.03576.01423.21365.26612.31708.25519.80589.65337.38301.51
5.908.013.867.037.7911.3416.7625.237.842.408.323.22
565.41627.26704.89583.04431.01376.60629.08733.48527.64592.05345.70304.72
485.90528.91573.65493.23359.58335.03557.34662.50477.99543.99303.19277.37
436.81500.43556.30192.09134.15157.04239.78139.2662.3376.2390.4661.23
0.000.000.00273.45196.13158.77286.67494.58389.64466.10190.17198.78
8.516.985.927.659.1410.019.437.676.105.504.394.34
12.7611.029.838.306.215.794.994.703.544.347.107.29
4.124.033.943.803.983.933.242.832.352.242.222.23
8.2011.737.847.454.825.7310.9411.363.195.018.765.05
79.5198.35131.2389.8171.4341.5771.7470.9749.6548.0642.5127.36
0.000.000.000.000.000.000.00—0.27—0.02-0.01
79.5198.35131.2389.8171.4341.5771.7470.9749.9248.0642.5227.34
20.0024.7137.5122.0419.348.4314.6511.9412.6012.096.777.57
59.4873.3993.9666.9152.0332.9757.0959.0437.3235.9735.7519.78
4.345.376.854.954.032.564.424.703.123.113.238.94
Key metrics
96.39113.40145.00101.9181.6251.2979.9778.5055.8154.6451.8436.86
17.20%18.30%20.70%17.70%19.30%14.00%13.10%11.10%10.70%9.30%15.40%12.20%
10.60%11.90%13.40%11.60%12.30%9.00%9.30%8.30%7.20%6.10%10.60%6.60%
5.20%—8.50%—5.40%—5.70%—————
32.20%69.50%14.50%-18.70%-18.60%-38.10%81.50%134.90%————
14.30%122.60%64.60%13.30%39.40%-8.30%59.70%198.50%————
MetricTTMFY26FY25FY24FY23FY22
Income statement
2,4562,0392,4301,3711,629443.96
24.8030.0252.5018.288.295.03
2,4812,0692,4831,3891,637448.99
2,0821,7352,2421,2571,481401.38
1,6861,643517.59267.88201.32172.79
273.450.001,637910.851,224182.68
29.0631.2228.7116.2114.0413.16
41.9130.1217.5726.4019.419.61
15.8915.2710.668.806.895.65
35.2225.5730.5023.7717.9919.48
398.90334.66240.69131.84156.6447.60
0.000.000.00-0.13-0.2513.38
398.90334.66240.69131.71156.3960.98
104.2687.4751.2830.7640.3315.59
293.74245.87189.41100.95116.0645.39
21.5118.5715.469.1253.9021.61
Key metrics
456.70380.05268.92166.91182.6976.24
18.60%18.60%11.10%12.20%11.20%17.20%
11.96%12.10%7.80%7.40%7.10%10.20%
—22.00%19.20%———
16.44%-16.10%77.30%-15.90%267.00%—
46.04%29.80%87.60%-13.00%155.70%—
—22.88-324.95———
—0.13-1.38———
—0.100.08———
—-21.57-167.07———
—74.177.2———
Balance sheet
—2,4221,681———
—1,8991,302———
—180.48263.93———
—737.31673.63———
—10.407.38———
—847.01288.85———
—136.85190.63———
—334.16167.28———
—767.88333.32———
—158.9196.86———
—132.8160.02———
—26.1036.84———
—1,5721,250———
Cash flow
—30.81-262.25———
—-216.34-74.32———
—102.20567.61———
—7.9362.70———

Compounded growth

Standalone

Sales CAGR 3Y
+7.77%
Sales CAGR 5Y
—
Profit CAGR 3Y
+28.43%
Profit CAGR 5Y
—
Sales YoY (TTM)
+16.44%
Profit YoY (TTM)
+46.04%

Consolidated

Sales CAGR 3Y
+11.80%
Sales CAGR 5Y
—
Profit CAGR 3Y
+20.63%
Profit CAGR 5Y
—
Sales YoY (TTM)
+47.93%
Profit YoY (TTM)
+69.81%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding
56.56%
Quarter30 Sep 2026September 2026June 2026
Promoter %56.56%56.56%56.57%
HolderTypeHoldingPreviousChange
REFEX HOLDING PRIVATE LIMITEDPromoter56.56%56.56%0.00%
UGAMDEVI JAINPromoter Group0.00%0.00%0.00%
REFEX FAMILY TRUSTPromoter0.00%0.00%0.00%
ANIL JAIN TPromoter0.00%0.00%0.00%
YASH JAINPromoter Group0.00%0.00%0.00%
TARACHAND JAINPromoter0.00%0.00%0.00%
DIMPLE JAINPromoter Group0.00%0.00%0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

CompanyMkt cap (₹ Cr)Price (₹)P/EROCESales YoYProfit YoY1Y return
SFC Environmental Technologies Ltd3,984406.75—————
Refex Industries Limited3,051222.3011.6321.00%+47.93% TTM+69.81% TTM-40.68%
EMS LIMITED1,689304.1524.6112.10%-33.85% TTM-62.95% TTM-39.52%
Antony Waste Handling Cell Limited871306.8012.5211.50%+11.83% TTM-32.02% TTM-40.65%
Eco Recycling Limited777402.7532.4426.70%+31.79% TTM+18.31% TTM-32.59%
Concord Enviro Systems Limited466225.05-29.687.80%-1.19% TTM-133.28% TTM-52.73%
VVIP Infratech Limited397159.00—16.90%——+4.95%
ORGANIC RECYCLING SYSTEMS LIMITED342219.25—16.00%——+31.52%
RACE ECO CHAIN LIMITED181105.0022.8919.70%+4.43% TTM+2.06% TTM-50.08%
GEM Enviro Management Limited8638.22—12.20%——-29.22%
EP BIOCOMPOSITES LIMITED S1588.0010.1516.30%——-31.25%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Corporate actions

PurposeEx dateRecord datePayment date
Final Dividend - Rs. - 1.000024 Jul 202624 Jul 2026—
Interim Dividend - Rs. - 0.500019 Aug 202519 Aug 2025—

Board meetings

  • Board Meeting - Financial Results
  • Board Meeting - Financial Results