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Refex Industries

  • Market Cap: Mid Cap
  • Industry: Industrial Gases & Fuels
  • ISIN: INE056I01025
  • NSEID: REFEX
  • BSEID: 532884
INR
406.00
18.1 (4.67%)
BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 1.76 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.76 lacs (40.32%) Volume

Shareholding (Dec 2024)

FII

1.76%

Held by 44 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

53.49%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Stock is technically in a Mildly Bearish range

  • The technical trend has deteriorated from Mildly Bullish on 09-Apr-25 and has generated 4.67% returns since then
  • Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
2

With ROCE of 17.8, it has a Very Expensive valuation with a 6.2 Enterprise value to Capital Employed

3

Despite the size of the company, domestic mutual funds hold only 0% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Industrial Gases & Fuels

stock-summary
Market cap

INR 5,148 Cr (Mid Cap)

stock-summary
P/E

34.00

stock-summary
Industry P/E

23

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.38

stock-summary
Return on Equity

18.35%

stock-summary
Price to Book

8.19

Revenue and Profits (1 Year):
Net Sales:
717 Cr
(Quarterly Results - Dec 2024)
Net Profit:
50 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-17.87%
0%
-17.87%
1 Year
189.69%
0%
189.69%
2 Years
564.05%
3.86%
567.91%
3 Years
1374.22%
10.28%
1384.5%
4 Years
1896.07%
11.17%
1907.24%
5 Years
4626.43%
44.10%
4670.53%

Latest dividend: 0.5 per share ex-dividend date: Feb-20-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
23.70%
EBIT Growth (5y)
25.07%
EBIT to Interest (avg)
21.68
Debt to EBITDA (avg)
0.79
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
4.23
Tax Ratio
18.73%
Dividend Payout Ratio
5.73%
Pledged Shares
11.33%
Institutional Holding
1.76%
ROCE (avg)
40.31%
ROE (avg)
35.50%
Valuation key factors
Factor
Value
P/E Ratio
34
Industry P/E
23
Price to Book Value
8.19
EV to EBIT
32.34
EV to EBITDA
28.00
EV to Capital Employed
6.22
EV to Sales
2.40
PEG Ratio
1.43
Dividend Yield
NA
ROCE (Latest)
17.81%
ROE (Latest)
18.35%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

11.3349

Mutual Funds

Held by 0 Schemes

FIIs

Held by 44 FIIs (1.76%)

Promoter with highest holding

Sherisha Technologies Private Limited (53.49%)

Highest Public shareholder

Tv18 Broadcast Limited (1.07%)

Individual Investors Holdings

34.65%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 134.90% vs -20.74% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 198.48% vs -24.36% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "708.25",
          "val2": "301.51",
          "chgp": "134.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "53.28",
          "val2": "33.66",
          "chgp": "58.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.70",
          "val2": "7.29",
          "chgp": "-35.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "59.04",
          "val2": "19.78",
          "chgp": "198.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.52%",
          "val2": "11.16%",
          "chgp": "-3.64%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 52.86% vs 314.24% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 41.44% vs 193.74% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,122.78",
          "val2": "734.53",
          "chgp": "52.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "94.87",
          "val2": "70.56",
          "chgp": "34.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "11.19",
          "val2": "12.56",
          "chgp": "-10.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.27",
          "val2": "-0.13",
          "chgp": "307.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "60.41",
          "val2": "42.71",
          "chgp": "41.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.45%",
          "val2": "9.61%",
          "chgp": "-1.16%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 76.83% vs 289.65% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 85.34% vs 178.77% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,839.91",
          "val2": "1,040.52",
          "chgp": "76.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "145.99",
          "val2": "104.85",
          "chgp": "39.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "18.88",
          "val2": "20.87",
          "chgp": "-9.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.27",
          "val2": "-0.13",
          "chgp": "307.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "110.46",
          "val2": "59.60",
          "chgp": "85.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.93%",
          "val2": "10.08%",
          "chgp": "-2.15%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -15.12% vs 157.51% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -19.12% vs 183.49% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,382.87",
          "val2": "1,629.15",
          "chgp": "-15.12%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "146.10",
          "val2": "174.65",
          "chgp": "-16.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "29.36",
          "val2": "19.41",
          "chgp": "51.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.25",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "93.87",
          "val2": "116.06",
          "chgp": "-19.12%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.56%",
          "val2": "10.72%",
          "chgp": "-0.16%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
708.25
301.51
134.90%
Operating Profit (PBDIT) excl Other Income
53.28
33.66
58.29%
Interest
4.70
7.29
-35.53%
Exceptional Items
0.00
0.00
Standalone Net Profit
59.04
19.78
198.48%
Operating Profit Margin (Excl OI)
7.52%
11.16%
-3.64%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 134.90% vs -20.74% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 198.48% vs -24.36% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,122.78
734.53
52.86%
Operating Profit (PBDIT) excl Other Income
94.87
70.56
34.45%
Interest
11.19
12.56
-10.91%
Exceptional Items
0.27
-0.13
307.69%
Consolidate Net Profit
60.41
42.71
41.44%
Operating Profit Margin (Excl OI)
8.45%
9.61%
-1.16%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 52.86% vs 314.24% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 41.44% vs 193.74% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,839.91
1,040.52
76.83%
Operating Profit (PBDIT) excl Other Income
145.99
104.85
39.24%
Interest
18.88
20.87
-9.54%
Exceptional Items
0.27
-0.13
307.69%
Consolidate Net Profit
110.46
59.60
85.34%
Operating Profit Margin (Excl OI)
7.93%
10.08%
-2.15%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 76.83% vs 289.65% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 85.34% vs 178.77% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,382.87
1,629.15
-15.12%
Operating Profit (PBDIT) excl Other Income
146.10
174.65
-16.35%
Interest
29.36
19.41
51.26%
Exceptional Items
0.00
-0.25
100.00%
Consolidate Net Profit
93.87
116.06
-19.12%
Operating Profit Margin (Excl OI)
10.56%
10.72%
-0.16%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -15.12% vs 157.51% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -19.12% vs 183.49% in Mar 2023

stock-summaryCompany CV
About Refex Industries Ltd stock-summary
stock-summary
Refex Industries Ltd
Mid Cap
Industrial Gases & Fuels
Refex Industries Ltd. (Formerly known Refex Refrigerants Limited) was incorporated on September 13, 2002. The core business of Refex is refilling non-ozone depleting refrigerant gases popularly known as HydrofluoroCarbons' (HFCs), which unlike regular refrigerants, are eco-friendly and do not deplete the ozone layer. These gases are primarily used as refrigerants, foam blowing agents, and aerosol propellants in automobile air conditioners, room airconditioners and refrigerating equipment.
Company Coordinates stock-summary
Company Details
67 Bazullah Road, T Nagar Chennai Tamil Nadu : 600017
stock-summary
Tel:
stock-summary
admin@refex.co.in
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai