Refex Industries Limited Stock Price Today (NSE: REFEX)
Fundamental Score
Refex Industries Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Refex Industries Limited share price today is ₹260.90, down 1.86% on NSE/BSE as of 16 September 2026. Refex Industries Limited (REFEX) is a Small-cap company in the Waste Management sector with a market capitalisation of ₹3.58K (Cr). The 52-week high for REFEX share price is ₹415.00 and the 52-week low is ₹188.00. At a P/E ratio of 14.49x, REFEX is currently trading below its industry average P/E of 27.04x. The company has a Return on Equity (ROE) of 14.97% and a debt-to-equity ratio of 0.11.
Refex Industries Limited Share Price Chart — NSE/BSE Historical Performance
Refex Industries Limited share price chart: -7.94% return over the past month. 52-week high ₹415.00, 52-week low ₹188.00.
Refex Industries Limited — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹265.55 | ₹269.95 | ₹258.10 | ₹260.90 | 2.60L (Cr) | |
| ₹273.30 | ₹274.15 | ₹265.00 | ₹265.85 | 1.85L (Cr) | |
| ₹268.00 | ₹275.30 | ₹264.00 | ₹273.55 | 2.34L (Cr) | |
| ₹274.80 | ₹275.60 | ₹268.60 | ₹269.95 | 1.61L (Cr) | |
| ₹275.25 | ₹276.75 | ₹271.10 | ₹273.15 | 1.78L (Cr) | |
| ₹278.00 | ₹278.80 | ₹275.00 | ₹275.85 | 1.56L (Cr) | |
| ₹283.00 | ₹284.65 | ₹276.50 | ₹277.15 | 1.93L (Cr) | |
| ₹279.05 | ₹288.20 | ₹279.05 | ₹282.55 | 2.49L (Cr) | |
| ₹278.00 | ₹284.00 | ₹276.20 | ₹279.25 | 1.39L (Cr) | |
| ₹277.00 | ₹282.45 | ₹273.00 | ₹277.45 | 2.13L (Cr) |
Refex Industries Limited — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹282.75 | ₹288.20 | ₹258.10 | ₹260.90 | -7.73% | |
| ₹309.00 | ₹311.40 | ₹280.25 | ₹282.50 | -8.58% | |
| ₹358.95 | ₹371.40 | ₹291.70 | ₹302.80 | -15.64% | |
| ₹333.00 | ₹365.20 | ₹295.00 | ₹356.20 | +6.97% | |
| ₹265.00 | ₹344.60 | ₹250.70 | ₹328.30 | +23.89% | |
| ₹195.00 | ₹274.70 | ₹194.84 | ₹263.86 | +35.31% | |
| ₹210.00 | ₹223.67 | ₹188.00 | ₹189.49 | -9.77% | |
| ₹220.63 | ₹264.50 | ₹209.69 | ₹220.69 | +0.03% | |
| ₹259.90 | ₹267.30 | ₹214.45 | ₹225.20 | -13.35% | |
| ₹343.95 | ₹346.60 | ₹215.10 | ₹259.90 | -24.44% | |
| ₹368.95 | ₹382.00 | ₹312.30 | ₹346.30 | -6.14% | |
| ₹356.90 | ₹382.40 | ₹344.40 | ₹368.20 | +3.17% |
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Refex Industries Limited Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Refex Industries Limited Fundamental Analysis & Valuation Benchmarking
Educational evaluation of REFEX across key market metrics for learning purposes.
Positive Indicators
10 factors identified
Excellent ROCE Performance (23.17%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Attractive Valuation (P/E: 14.49 vs Industry: 27.04)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (201.33%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (139.09%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (29.19% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Strong Profit Growth Track Record (37.79% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.11)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (11.30x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Healthy Liquidity Position (Current Ratio: 3.49)
Observation: Strong short-term liquidity to meet obligations.
Analysis: Current ratio >1.5 indicates good working capital management.
Balanced Promoter Holding (56.57%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Risk Factors
4 factors identified
Weak Earnings Growth (-6.80% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Negative Free Cash Flow (₹-493.87 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 0.70%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
High Share Pledging Risk (41.29%)
Observation: Significant promoter share pledging creates potential overhang.
Analysis: High pledging levels may create selling pressure during market downturns.
Refex Industries Limited vs Industrial Gases Peers
Peer Comparison - Industrial Gases
Compare Refex Industries Limited with 6 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Refex Industries LimitedRefex Industrie...Selected✓ REFEX • 532884 | 52.5/100 | ₹260.90₹261 | ₹3580.06₹3580.06 | 14.49Average 14.5 Average | 14.97%Average 14.97% Average | 23.17%Excellent 23.17% Excellent | 0.11Excellent 0.1 Excellent | 37.79%Excellent 37.79% Excellent | 29.19%Excellent 29.19% Excellent | 0.47% |
Stallion India Fluorochemicals LimitedStallion India ... STALLION • 544342 | 27.4/100 | ₹223.40₹223 | ₹259.34M₹259.34M | 38.85Average 38.9 Average | 8.93%Poor 8.93% Poor | 12.19%Average 12.19% Average | 0.05Excellent 0.0 Excellent | 34.80%Excellent 34.80% Excellent | 29.56%Excellent 29.56% Excellent | 0.00% |
Linde India LimitedLinde India Lim... LINDEINDIA • 523457 | 52.9/100 | ₹6352.50₹6353 | ₹54176.66₹54176.66 | 99.16Average 99.2 Average | 13.58%Average 13.58% Average | 15.91%Good 15.91% Good | 0.00Excellent 0.0 Excellent | 30.03%Excellent 30.03% Excellent | 11.46%Good 11.46% Good | 0.06% |
Ellenbarrie Industrial Gases LimitedEllenbarrie Ind... ELLEN • 544421 | 56.5/100 | ₹355.05₹355 | ₹5003.90₹5003.90 | 41.48Average 41.5 Average | 14.20%Average 14.20% Average | 15.23%Good 15.23% Good | 0.18Excellent 0.2 Excellent | 34.13%Excellent 34.13% Excellent | 14.29%Good 14.29% Good | 0.00% |
Hilltone Software and Gases IncHilltone Softwa... HILLTONE • 544308 | 25.3/100 | ₹39.44₹39 | ₹51.97₹51.97 | — — | 0.76%Poor 0.76% Poor | 0.81%Poor 0.81% Poor | 0.08Excellent 0.1 Excellent | 2.90%Average 2.90% Average | 20.62%Excellent 20.62% Excellent | 0.00% |
Natl OxygenNatl Oxygen... NTOX • 507813 | 21.4/100 | ₹61.00₹61 | ₹30.76₹30.76 | — — | — — | -21.54%Poor -21.54% Poor | — — | — — | -10.40%Poor -10.40% Poor | 0.00% |
Gagan Gases LtdGagan Gases Ltd... GAGAN • 524624 | 47.3/100 | ₹19.65₹20 | ₹8.88₹8.88 | 35.73Average 35.7 Average | 4.14%Poor 4.14% Poor | 5.59%Poor 5.59% Poor | 0.11Excellent 0.1 Excellent | 36.08%Excellent 36.08% Excellent | 22.68%Excellent 22.68% Excellent | 0.00% |
Top Industrial Gases Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Stallion India Fluorochemicals Limited share price259335536.46 Cr
- Linde India Limited share price54176.66 Cr
- Ellenbarrie Industrial Gases Limited share price5003.90 Cr
- Hilltone Software and Gases Inc share price51.97 Cr
- Natl Oxygen share price30.76 Cr
Refex Industries Limited PE Ratio History
Historical price-to-earnings ratio for REFEX — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹12.38 | ₹259.90 | 21x |
| FY 2024 | ₹8.36 | ₹480.80 | 57.5x |
| FY 2023 | ₹10.77 | ₹120.32 | 11.2x |
| FY 2022 | ₹4.32 | ₹55.67 | 12.9x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Refex Industries Limited Dividend History
Annual cash dividends paid by REFEX — dividend yield 0.47%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2024 | ₹5.53 Cr |
| FY 2022 | ₹1.05 Cr |
| FY 2021 | ₹2.10 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Refex Industries Limited Quarterly Performance
Latest quarterly metrics for REFEX — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
139.09%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
201.33%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
29.19%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
37.79%
Compounded annual net profit growth over 5 years
Refex Industries Limited Technical Indicators
SMA 50, SMA 200, RSI and volume signals for REFEX — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Refex Industries Limited Financial Statements
Annual income statement, balance sheet and cash flow for Refex Industries Limited (REFEX) — sourced from NSE/BSE filings.
Financial Results & Statements
Latest quarterly, annual and period-wise financial data for Refex Industries Limited
About REFEX (Refex Industries Limited)
Refex Industries Ltd is a multifaceted Indian enterprise with a growing footprint in the industrial gases sector and several related industries. While initially focused on refriger...ants, the company has strategically diversified its operations to encompass a broader range of environmentally conscious and resource-management endeavors. Refex’s core business involves the responsible recovery, processing, and distribution of specialized industrial gases, playing a vital role in supplying businesses across various sectors. These gases are crucial for an array of applications, ranging from cooling and refrigeration to manufacturing and industrial processes. By ensuring the proper handling and environmentally sound management of these substances, Refex actively contributes to sustainability and resource efficiency. Beyond industrial gases, Refex Industries demonstrates a commitment to sustainable practices through its involvement in several initiatives. The company actively participates in fly ash management, converting what would otherwise be waste into a valuable resource. Furthermore, Refex invests in renewable energy generation through solar power projects, contributing to a cleaner energy future. The company also offers power trading solutions, assisting clients with their energy needs. These activities showcase Refex's commitment to resource optimization and environmental responsibility, positioning it as a player in circular economy initiatives. Refex Industries Ltd demonstrates a forward-thinking approach by embracing electric mobility. The company owns and operates a fleet of electric vehicles, contributing to reducing carbon emissions in transportation. In addition to its eco-conscious ventures, Refex also has activities in coal trading and coal yard management, catering to the energy demands of certain industries. While these activities are distinct from its core industrial gases and renewable energy focus, they highlight the company's ability to adapt to evolving market needs and capitalize on opportunities within the broader energy landscape. Refex Industries’ dynamic portfolio reflects its ambition to be a versatile and impactful player in the resource management and industrial solutions sector.
Company Details
Key Leadership
REFEX Share Price: Frequently Asked Questions
What is the current share price of Refex Industries Limited?
Refex Industries Limited (REFEX) trades at ₹260.90 on NSE and BSE. Market cap ₹3.58K (Cr). Educational data only.
What is the P/E ratio of Refex Industries Limited?
Refex Industries Limited has a P/E of 14.49x vs industry average 27.04x.
What is the Bull Run score for Refex Industries Limited?
Refex Industries Limited has a Bull Run score of 52.5/100 based on 25+ financial parameters.
Does Refex Industries Limited pay dividends?
Refex Industries Limited has a dividend yield of 0.47%. Past dividends don't guarantee future payments.
What is the ROE of Refex Industries Limited?
Refex Industries Limited has ROE of 14.97%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Refex Industries Limited?
Refex Industries Limited has debt-to-equity of 0.11.
Is Refex Industries Limited a good investment?
Bull Run gives Refex Industries Limited a score of 52.5/100. This is not investment advice — consult a SEBI-registered advisor.