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Refex Industries results

NSE: REFEXBSE: 532884Other UtilitiesSmall Cap

Formerly Refex Refrigerants
Last close ₹226.55down ₹8.90 (3.78%)BSE ₹226.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹235.45.

52-week range of traded prices to 23 Oct 2026
₹188.00Low, 23 Mar 2026₹382.00High, 6 Nov 2025
Market cap
₹3,109 Cr922nd largest listed
P/E
12.6
P/E without one-offs
10.9
P/B
2.1
Dividend yield
0.44%
ROE
18.1%
ROE without one-offs
21.0%
ROCE
24.3%
Debt to equity
0.11
Volume, NSE
2,89,35248.8% delivered

Q1 results, quarter to Jun 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.Refex Industries annual results and balance sheet

Revenue
₹619 Cr−11.7% on the quarter before
Operating profit
₹105 Cr−25.3% on the quarter before
Net profit
₹73 Cr+122.6% on a year ago · −21.9% on the quarter before
Earnings per share
₹5.35+109.8% on a year ago · −21.9% on the quarter before
Operating margin
17.0%
Net margin
11.9%

From revenue to net profit, ₹ crore

  1. Revenue619
  2. Materials and goods−495
  3. Employee costs−7.0
  4. Other expenses−12
  5. Operating profit105
  6. Depreciation−4.0
  7. Other income+8.0
  8. Finance costs−11
  9. Profit before tax98
  10. Tax−25
  11. Discontinued businesses−0.2
  12. Net profit73

Refex Industries results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends.Results filings and date

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
₹ croreSep 2021Q2Filed 30 OctDec 2021Q3Filed 22 JanMar 2022Q4Filed 12 MayJun 2022Q1Filed 16 AugSep 2022Q2Filed 21 NovDec 2022Q3Filed 7 FebMar 2023Q4Filed 8 JunJun 2023Q1Filed 4 AugSep 2023Q2Filed 31 OctDec 2023Q3Filed 20 FebMar 2024Q4Filed 14 JunJun 2024Q1Filed 22 AugSep 2024Q2Filed 14 NovDec 2024Q3Filed 28 JanMar 2025Q4Filed 12 JunJun 2025Q1Filed 12 AugSep 2025Q2Filed 4 NovDec 2025Q3Filed 21 JanMar 2026Q4Filed 26 MayJun 2026Q1Filed 29 Jul
Revenue from operations9490177265353380630381350302337590520708612365423576701619
8277155243317341557345315268294537472655549325349481560514
Materials and goods bought7669144230310332548334308258281527463636529310335466546495
Employee costs333443344446689109867
Other expenses35792567359531111657812
Operating profit before depreciation121222223740743735344452485363407495141105
Operating margin13.0%13.7%12.3%8.3%10.4%10.4%11.7%9.6%10.0%11.2%12.9%8.9%9.2%7.5%10.3%10.9%17.4%16.5%20.1%17.0%
Depreciation and amortisation11122222222223344444
Other income21123122538282517118748
Finance costs2234346667744556681011
Profit before one-off items and tax1091919353568303227434850717242719013198
One-off items001300000000000000000
Profit before tax1093219343668303227434850717242719013198
33859917898712131215819223825
Tax rate25.8%27.7%25.1%26.5%25.5%26.4%25.4%26.5%26.6%27.7%15.9%25.2%25.2%16.8%20.4%20.3%27.1%24.5%28.6%25.1%
Profit from discontinued businesses–––––––––––––––00−100
Net profit77241425265122232036363759573352679473
Other comprehensive income00000000000000−110010
Total comprehensive income77241425265022232036363759563352679573
Net margin8.0%7.6%13.6%5.2%7.2%6.9%8.0%5.8%6.7%6.6%10.6%6.1%7.2%8.3%9.3%9.0%12.3%11.6%13.4%11.9%
Earnings per share₹0.71₹0.65₹2.29₹1.31₹2.42₹2.37₹4.58₹1.99₹2.12₹1.79₹3.23₹3.11₹3.12₹4.70₹4.42₹2.55₹4.03₹4.89₹6.85₹5.35
Diluted earnings per share₹0.71₹0.65₹2.29₹1.31₹2.42₹2.37₹4.58₹1.98₹2.10₹1.78₹3.21₹3.06₹3.10₹4.55₹4.19₹2.43₹3.87₹4.84₹6.78₹5.29
Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹2,039 Cr, differs from its quarters added, ₹2,066 Cr.

Filed results, as an XML file each

16 earlier filings