Refex Industries Ltd

Refex Industries Ltd

$REFEXIndustrial GasesNSEBSE

Refex Industries Ltd (REFEX) last traded at ₹287, a market capitalisation of ₹3,940 crore, on a P/E of 13.8. Over the past 52 weeks the stock has ranged between ₹188 and ₹416. Refex Industries Ltd last reported results for the quarter ended Jun 2026, with sales of ₹916 crore and net profit of ₹65 crore. The next scheduled event is an EGM on 1 Sept 2026. Figures are as of 24 Aug 2026 and are not real time.

Refex Industries Ltd share price and key metrics

Current price
₹287
Market cap
₹3,940 cr
Stock P/E
13.8
Book value
₹110
ROE
17.8%
ROCE
22.7%
Dividend yield
0.52%
52w high / low
416/188

Metrics as of 24 Aug 2026. Not real time.

Refex Industries Ltd quarterly results

In the quarter ended Jun 2026, sales were ₹916 cr, up 160.2% from ₹352 cr a year earlier. Net profit was ₹65 cr, up 225.0% year on year.

Refex Industries Ltd consolidated quarterly results, figures in ₹ crore
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales428686594352415576934916
Expenses385633534315344486775809
Operating profit435360377190160107
OPM %10%8%10%10%17%16%17%12%
Other income51632-4-3-82
Interest4556791013
Depreciation23355556
Profit before tax42625528557313691
Tax %27%19%13%26%34%28%31%29%
Net profit3150482036539465
EPS (₹)2.573.883.741.642.903.936.624.65

Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.

Refex Industries Ltd annual results

Refex Industries Ltd annual profit and loss, figures in ₹ crore
₹ croreMar 2020Mar 2021Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6616331,6291,3832,2592,2772,841
Operating profit5168175146206362427
OPM %8%11%11%11%9%16%15%
Net profit334111693158204248
EPS (₹)3.163.9010.508.1112.2914.8218.10

TTM is the trailing twelve months to the most recent quarter.

Refex Industries Ltd growth and returns

Compounded Sales Growth
10 Years
40%
5 Years
29%
3 Years
12%
TTM
38%
Compounded Profit Growth
10 Years
46%
5 Years
43%
3 Years
28%
TTM
56%
Stock Price CAGR
10 Years
61%
5 Years
56%
3 Years
27%
1 Year
-24%
Return on Equity
10 Years
%
5 Years
%
3 Years
19%
Last Year
18%

Refex Industries Ltd shareholding pattern

Promoters held 56.57% at Jun 2026, up from 53.33% at Jun 2025. FIIs 0.93% and DIIs 0.38%.

Refex Industries Ltd shareholding pattern by quarter, in percent
% heldSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters57.12%53.49%53.37%53.33%53.33%55.80%55.85%56.57%
FIIs1.53%1.76%2.00%1.86%1.71%2.03%1.37%0.93%
DIIs0.00%0.00%0.11%0.16%0.15%0.16%0.13%0.38%
Public41.35%44.75%44.51%44.65%44.81%42.01%42.66%42.13%
No. of shareholders81,30281,85781,73985,42989,56897,01594,15991,033

As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.

Upcoming Refex Industries Ltd events

The next scheduled event is an EGM on 1 Sept 2026.

  • EGMShareholder meeting for demerger of mobility business

See the full results calendar for every Indian company reporting in the next 30 days.

Refex Industries Ltd corporate filings

  • Refex Industries Limited bags contract for loading, transportation and excavation of fly ashCompany Updatemedium impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited has announced the acquisition of two new contracts from a…

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  • Disclosure under Regulation 30 of SEBI(LODR) Regulations, 2015 - Appointment/Designation of Mr. Anil S Kulkarni, Chief Business Officer(RMC Division) and Mr. Prasad Jakkaraju, Vice President(ESG) ....Company Updatelow impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited has announced the appointment of Mr. Anil S. Kulkarni as Chief…

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  • Allotment of 9,100 Equity shares of Rs.2/- each pursuant to Exercise of ESOPs under Refex Employee Stock Option Scheme 2021Company Updatelow impact
    Filing PDF

    Cruxal's analysis: Refex Industries has allotted 9,100 equity shares with a face value of Rs. 2 each…

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  • Refex Industries Limited bags order for Rate contract for Transportation of AshCompany Updatemedium impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited has been awarded a slab-wise rate contract for the…

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  • The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on August ....Insider Trading / SASTlow impact
    Filing PDF

    Cruxal's analysis: The exchange received a disclosure on August 18, 2026, regarding the reasons for…

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  • The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 18, 2026 for Refex Holding Pvt LtdInsider Trading / SASTmedium impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited has disclosed a change in promoter share encumbrance, where…

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  • Refex Industries Limited bags order for Rate contract for Ash Transportation to road construction sitesCompany Updatemedium impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited has been awarded a slab-wise rate contract for the excavation…

    Read the full analysis
  • Refex Industries Limited bags order for rate contract for ash transportation to road construction sitesCompany Updatemedium impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited has been awarded a slab-wise rate contract for ash…

    Read the full analysis
  • Intimation of Credit Rating under Regulation 30 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular dated January 30, 2026Company Updatemedium impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited has announced that Acuité Ratings & Research has upgraded and…

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  • Intimation regarding the Analyst/Institutional Investor Meet of Refex Industries LimitedCompany Updatelow impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited has issued an intimation regarding an upcoming…

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  • Submission of Voting Results along with the Consolidated Scrutnizer''s Report for the Court convened meetings of Equity Shareholders, Secured Creditors and Unsecured Creditors held on August ....AGM/EGMhigh impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited has successfully secured unanimous approval from its equity…

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  • Transcript of the Earnings Conference Call held for the 1st Quarter ended June 30, 2026 - Q1 FY27Company Updatehigh impact
    Filing PDF

    Cruxal's analysis: Refex Industries Limited reported strong Q1 FY27 standalone revenue of INR619 crore, a…

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Refex Industries Ltd (REFEX) Results, Financials & Share Price | Cruxal