Nifty
Sensex
:
:
24273.80
80334.81
-140.60 (-0.58%)
-411.97 (-0.51%)

Industrial Gases & Fuels

Rating :
N/A

BSE: 532884 | NSE: REFEX

453.15
06-Feb-2025
  • Open
  • High
  • Low
  • Previous Close
  •  452.50
  •  458.00
  •  446.10
  •  452.40
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  33208
  •  150.21
  •  600.00
  •  124.25

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 5,065.88
  • 31.91
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 4,885.51
  • N/A
  • 4.18

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 53.37%
  • 7.32%
  • 34.36%
  • FII
  • DII
  • Others
  • 2%
  • 0.11%
  • 2.84%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 32.22
  • 15.92
  • 45.61

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 38.74
  • 23.27
  • 19.57

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 40.88
  • 22.92
  • 30.53

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.63
  • 10.65
  • 16.65

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.12
  • 3.36
  • 4.53

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 10.78
  • 9.28
  • 13.16

Earnings Forecasts:

Description
2024
2025
2026
2027
Adj EPS
9.12
P/E Ratio
51.61
Revenue
1365
EBITDA
149
Net Income
101
ROA
13.5
P/B Ratio
11.52
ROE
25.65
FCFF
-46.41
FCFF Yield
-0.79

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Net Sales
627.76
342.35
83.37%
717.13
305.99
134.36%
527.65
352.21
49.81%
595.12
382.33
55.66%
Expenses
563.94
301.10
87.29%
666.01
271.70
145.13%
481.21
318.04
51.30%
546.70
345.93
58.04%
EBITDA
63.82
41.25
54.72%
51.12
34.28
49.12%
46.45
34.17
35.94%
48.43
36.40
33.05%
EBIDTM
10.17%
12.05%
7.13%
11.20%
8.80%
9.70%
8.14%
9.52%
Other Income
16.13
7.96
102.64%
24.79
3.19
677.12%
7.08
5.22
35.63%
2.09
1.87
11.76%
Interest
8.81
8.50
3.65%
7.69
8.31
-7.46%
5.36
6.18
-13.27%
5.84
6.38
-8.46%
Depreciation
11.62
4.16
179.33%
8.91
3.98
123.87%
6.42
2.90
121.38%
5.61
2.51
123.51%
PBT
59.52
36.58
62.71%
59.31
25.19
135.45%
42.02
30.35
38.45%
39.06
29.21
33.72%
Tax
11.60
3.21
261.37%
9.26
8.30
11.57%
10.96
8.91
23.01%
9.72
7.94
22.42%
PAT
47.92
33.37
43.60%
50.05
16.89
196.33%
31.06
21.44
44.87%
29.35
21.27
37.99%
PATM
7.63%
9.75%
6.98%
5.52%
5.89%
6.09%
4.93%
5.56%
EPS
3.74
2.96
26.35%
3.88
1.53
153.59%
2.57
1.94
32.47%
2.60
1.92
35.42%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
2,467.66
1,382.87
1,629.15
632.66
660.74
461.05
76.86
37.72
77.95
84.66
24.52
Net Sales Growth
78.44%
-15.12%
157.51%
-4.25%
43.31%
499.86%
103.76%
-51.61%
-7.93%
245.27%
 
Cost Of Goods Sold
2,180.55
1,179.85
1,388.31
526.78
557.30
403.06
56.98
19.80
59.90
64.10
8.43
Gross Profit
287.11
203.02
240.84
105.88
103.45
57.99
19.88
17.92
18.05
20.57
16.10
GP Margin
11.63%
14.68%
14.78%
16.74%
15.66%
12.58%
25.87%
47.51%
23.16%
24.30%
65.66%
Total Expenditure
2,257.86
1,236.76
1,454.50
564.99
609.40
432.78
75.13
35.53
75.31
79.13
22.09
Power & Fuel Cost
-
0.55
0.12
4.57
0.52
0.32
0.07
0.08
0.07
0.07
0.04
% Of Sales
-
0.04%
0.01%
0.72%
0.08%
0.07%
0.09%
0.21%
0.09%
0.08%
0.16%
Employee Cost
-
19.65
13.20
5.19
2.77
2.26
1.02
0.55
0.17
0.13
0.14
% Of Sales
-
1.42%
0.81%
0.82%
0.42%
0.49%
1.33%
1.46%
0.22%
0.15%
0.57%
Manufacturing Exp.
-
10.00
34.16
2.28
0.62
0.82
1.35
0.91
0.05
0.24
0.16
% Of Sales
-
0.72%
2.10%
0.36%
0.09%
0.18%
1.76%
2.41%
0.06%
0.28%
0.65%
General & Admin Exp.
-
22.55
13.20
12.99
17.15
19.02
15.21
13.97
14.80
14.37
13.07
% Of Sales
-
1.63%
0.81%
2.05%
2.60%
4.13%
19.79%
37.04%
18.99%
16.97%
53.30%
Selling & Distn. Exp.
-
1.66
0.62
1.48
1.27
4.91
0.27
0.16
0.23
0.17
0.14
% Of Sales
-
0.12%
0.04%
0.23%
0.19%
1.06%
0.35%
0.42%
0.30%
0.20%
0.57%
Miscellaneous Exp.
-
2.51
4.89
11.70
29.78
2.38
0.22
0.05
0.09
0.05
0.14
% Of Sales
-
0.18%
0.30%
1.85%
4.51%
0.52%
0.29%
0.13%
0.12%
0.06%
0.45%
EBITDA
209.82
146.11
174.65
67.67
51.34
28.27
1.73
2.19
2.64
5.53
2.43
EBITDA Margin
8.50%
10.57%
10.72%
10.70%
7.77%
6.13%
2.25%
5.81%
3.39%
6.53%
9.91%
Other Income
50.09
18.26
8.29
4.44
4.79
1.85
2.04
1.69
0.04
0.05
3.50
Interest
27.70
29.36
19.41
8.97
0.91
0.30
1.21
2.56
1.34
0.03
2.41
Depreciation
32.56
13.54
6.89
5.29
1.39
0.96
0.83
0.79
1.02
2.49
2.34
PBT
199.91
121.46
156.63
57.85
53.83
28.87
1.73
0.53
0.32
3.07
1.19
Tax
41.54
28.35
40.33
16.91
14.89
-2.76
0.80
0.07
-5.00
0.00
0.00
Tax Rate
20.78%
23.37%
25.79%
29.23%
31.01%
-9.56%
46.24%
13.21%
-1612.90%
0.00%
0.00%
PAT
158.38
92.98
116.06
40.94
33.13
31.63
0.94
0.46
5.31
3.02
1.18
PAT before Minority Interest
159.46
92.98
116.06
40.94
33.13
31.63
0.94
0.46
5.31
3.02
1.18
Minority Interest
1.08
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
6.42%
6.72%
7.12%
6.47%
5.01%
6.86%
1.22%
1.22%
6.81%
3.57%
4.81%
PAT Growth
70.36%
-19.89%
183.49%
23.57%
4.74%
3,264.89%
104.35%
-91.34%
75.83%
155.93%
 
EPS
12.26
7.20
8.98
3.17
2.56
2.45
0.07
0.04
0.41
0.23
0.09

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Shareholder's Funds
465.58
314.39
139.51
75.80
42.73
11.10
10.16
9.71
4.39
1.37
Share Capital
23.14
22.11
21.00
15.48
15.48
15.48
15.48
15.48
15.48
15.48
Total Reserves
442.10
292.04
118.51
60.33
27.25
-4.38
-5.31
-5.77
-11.08
-14.10
Non-Current Liabilities
134.80
103.98
70.11
10.39
-8.72
41.43
35.84
-0.34
4.89
4.74
Secured Loans
52.96
40.46
0.09
0.00
0.09
6.34
0.60
0.06
0.06
0.13
Unsecured Loans
0.00
0.00
0.00
0.00
0.09
34.61
34.36
0.00
0.00
0.00
Long Term Provisions
1.27
0.47
9.49
6.09
0.16
0.31
0.31
0.29
0.29
0.00
Current Liabilities
193.91
332.00
134.95
62.85
121.91
44.94
13.43
107.75
60.69
29.19
Trade Payables
54.33
192.59
100.38
41.20
101.18
41.41
8.47
62.71
49.41
7.42
Other Current Liabilities
33.63
25.09
16.80
5.79
14.26
3.53
4.53
7.85
1.79
4.98
Short Term Borrowings
64.20
41.37
0.02
1.72
0.00
0.00
0.00
36.76
9.06
11.20
Short Term Provisions
41.74
72.95
17.74
14.14
6.46
0.00
0.43
0.43
0.43
5.59
Total Liabilities
793.40
750.37
344.57
149.04
155.92
97.47
59.43
117.12
69.97
35.30
Net Block
204.11
146.76
86.78
21.94
14.88
14.31
14.60
15.04
15.84
17.13
Gross Block
223.54
152.78
94.65
24.56
16.67
15.14
27.92
27.58
27.41
26.44
Accumulated Depreciation
19.43
6.02
7.86
2.63
1.79
0.83
13.31
12.53
11.57
9.31
Non Current Assets
291.30
224.12
167.78
28.94
18.27
18.40
18.92
17.59
16.63
23.29
Capital Work in Progress
8.61
3.25
0.00
0.00
0.27
0.00
0.00
0.00
0.00
0.47
Non Current Investment
73.76
73.75
74.00
0.00
0.00
0.00
0.01
0.01
0.01
0.24
Long Term Loans & Adv.
4.81
0.36
7.00
7.00
3.12
4.09
1.92
1.75
0.78
5.45
Other Non Current Assets
0.01
0.00
0.00
0.00
0.00
0.00
2.40
0.79
0.00
0.00
Current Assets
502.09
526.26
176.79
120.11
137.65
79.07
40.50
99.53
53.34
12.02
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
7.23
10.81
5.49
3.18
7.59
5.23
1.22
1.21
0.62
4.03
Sundry Debtors
305.94
245.17
92.96
72.27
87.50
36.51
8.98
80.26
49.88
4.34
Cash & Bank
33.08
10.23
17.25
20.96
3.87
0.70
0.77
0.25
0.62
1.20
Other Current Assets
155.84
7.93
3.47
2.16
38.69
36.64
29.53
17.81
2.22
2.45
Short Term Loans & Adv.
144.94
252.12
57.63
21.54
38.62
36.52
27.97
17.81
0.94
0.76
Net Current Assets
308.19
194.26
41.84
57.26
15.74
34.14
27.08
-8.23
-7.35
-17.17
Total Assets
793.39
750.38
344.57
149.05
155.92
97.47
59.42
117.12
69.97
35.31

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Cash From Operating Activity
2.85
27.62
123.29
11.89
44.19
-4.41
4.15
-24.56
-3.12
8.79
PBT
121.33
156.39
57.85
48.03
28.87
1.73
0.53
0.31
3.02
1.18
Adjustment
38.52
23.90
19.39
30.50
-0.59
0.76
1.65
2.34
2.51
4.63
Changes in Working Capital
-133.33
-136.16
46.04
-54.23
22.49
-6.90
1.98
-27.20
-8.66
2.98
Cash after chg. in Working capital
26.52
44.12
123.29
24.30
50.76
-4.41
4.15
-24.56
-3.12
8.79
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-23.67
-16.50
0.00
-12.41
-6.58
0.00
0.00
0.00
0.00
0.00
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-41.88
-77.56
-122.27
4.56
0.05
-0.59
-0.45
-1.97
4.15
12.70
Net Fixed Assets
-11.47
-65.93
-65.54
-7.62
-1.80
12.78
-0.34
-0.17
-0.50
Net Investments
-7.27
0.20
-74.00
0.00
0.00
0.01
0.00
0.00
0.18
Others
-23.14
-11.83
17.27
12.18
1.85
-13.38
-0.11
-1.80
4.47
Cash from Financing Activity
61.87
59.89
-4.72
0.63
-41.06
3.64
-3.18
26.15
-1.60
-21.42
Net Cash Inflow / Outflow
22.84
9.95
-3.71
17.08
3.18
-1.36
0.52
-0.38
-0.58
0.07
Opening Cash & Equivalents
10.23
0.29
20.96
3.87
0.70
0.77
0.25
0.62
1.20
1.13
Closing Cash & Equivalent
33.08
10.23
17.25
20.96
3.87
-0.59
0.77
0.25
0.62
1.20

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
40.22
28.42
66.43
47.46
26.75
6.95
6.36
6.08
2.75
0.86
ROA
12.05%
21.20%
16.59%
21.72%
24.97%
1.19%
0.52%
5.68%
5.74%
3.34%
ROE
23.86%
51.17%
38.03%
55.89%
117.52%
8.82%
4.59%
75.40%
104.82%
86.01%
ROCE
30.79%
65.61%
61.55%
81.11%
61.13%
6.04%
6.73%
5.48%
23.15%
28.11%
Fixed Asset Turnover
7.35
13.17
10.61
32.05
29.00
3.59
1.37
2.84
3.17
0.97
Receivable days
72.73
37.88
47.66
44.13
49.09
107.31
427.08
304.59
116.06
61.87
Inventory Days
2.38
1.83
2.50
2.97
5.07
15.21
11.64
4.28
9.96
57.55
Payable days
31.02
32.42
49.05
46.04
63.06
128.31
20.93
3.82
0.00
0.00
Cash Conversion Cycle
44.09
7.29
1.11
1.06
-8.90
-5.79
417.79
305.05
126.02
119.42
Total Debt/Equity
0.25
0.26
0.00
0.02
0.01
3.71
3.44
3.79
2.09
8.31
Interest Cover
5.13
9.06
7.45
54.01
98.25
2.43
1.21
1.23
104.00
1.49

News Update:


  • Refex Industries reports 44% jump in Q4 consolidated net profit
    24th Apr 2025, 16:44 PM

    Total consolidated income of the company increased by 83.80% at Rs 643.88 crore for Q4FY25

    Read More
  • Refex Industries’ arm ties up with Uber
    11th Mar 2025, 16:58 PM

    The collaboration aligns with Uber’s global objective of providing 100 per cent emission-free rides by 2040

    Read More
  • Refex Industries’ arm enters into agreement with one of India’s largest ride-hailing platforms
    5th Mar 2025, 09:37 AM

    This expansion is a part of the company’s strategic growth roadmap and reinforces its commitment to India’s clean mobility transition

    Read More
  • Refex Industries’ arm incorporates wholly-owned subsidiary
    25th Feb 2025, 10:59 AM

    Consequent to which, VRPSL has become a step-down subsidiary of Refex Industries

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.