WEBSITE BSE:531260 NSE: REFEXRENEW Inc. Year: 1994 Industry: Engineering - Construction
Last updated: 11:25
Refex Renewables & Infrastructure Ltd is a dynamic company operating in the renewable energy and infrastructure sectors. With a strong commitment to sustainability, the company specializes in the development, construction, and operation of renewable power projects. Refex Renewables aims to harness the abundant renewable resources available, such as solar and wind energy, to create a greener and more sustainable future. The company's diverse portfolio includes solar power plants, wind farms, and other renewable energy installations. Through its...Read More
Refex Renewables & Infrastructure Ltd is a dynamic company operating in the renewable energy and infrastructure sectors. With a strong commitment to sustainability, the company specializes in the development, construction, and operation of renewable power projects. Refex Renewables aims to harness the abundant renewable resources available, such as solar and wind energy, to create a greener and more sustainable future. The company's diverse portfolio includes solar power plants, wind farms, and other renewable energy installations. Through its innovative approach and advanced technologies, Refex Renewables strives to optimize energy production, reduce carbon emissions, and contribute to global efforts in combating climate change. In addition to renewable energy, Refex Renewables is also engaged in infrastructure development, focusing on projects that support the growth and well-being of communities. This includes initiatives in transportation, water management, and other vital infrastructure sectors. With a dedicated team of experts and a strong track record of successful projects, Refex Renewables & Infrastructure Ltd continues to drive positive change by harnessing renewable energy and building sustainable infrastructure for a brighter future. ...Read Less
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Market Cap ₹124 Cr.
Stock P/E -3.4
P/B -1.8
Current Price ₹276.6
Book Value ₹ -151.1
Face Value 10
52W High ₹1183
Dividend Yield 0%
52W Low ₹ 225.7
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 17 | 21 | 21 | 18 | 18 | 14 | 16 | 20 | 17 | 14 |
| Other Income | 1 | 1 | 2 | 3 | 0 | 0 | 0 | 5 | 2 | 1 |
| Total Income | 18 | 21 | 23 | 20 | 18 | 14 | 16 | 25 | 19 | 15 |
| Total Expenditure | 9 | 11 | 12 | 11 | 9 | 9 | 8 | 10 | 8 | 11 |
| Operating Profit | 9 | 11 | 11 | 9 | 9 | 5 | 8 | 15 | 11 | 4 |
| Interest | 11 | 11 | 11 | 10 | 10 | 10 | 11 | 12 | 11 | 12 |
| Depreciation | 4 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 5 | 5 |
| Exceptional Income / Expenses | 11 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Profit Before Tax | 6 | -5 | -5 | -5 | -6 | -10 | -7 | -1 | -5 | -12 |
| Provision for Tax | 9 | 6 | 6 | 6 | 3 | 3 | 4 | 4 | 2 | 2 |
| Profit After Tax | -3 | -10 | -11 | -11 | -9 | -13 | -10 | -5 | -8 | -14 |
| Adjustments | 1 | 3 | 2 | 3 | -0 | -0 | 0 | 0 | -0 | -0 |
| Profit After Adjustments | -1 | -7 | -9 | -8 | -9 | -13 | -10 | -5 | -8 | -15 |
| Adjusted Earnings Per Share | -2.5 | -15.6 | -19 | -18 | -19.1 | -28.3 | -22.4 | -10.5 | -16.8 | -32.6 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 71 | 63 | 72 | 53 | 77 | 76 | 68 | 67 |
| Other Income | 0 | 3 | 2 | 12 | 9 | 20 | 7 | 6 | 8 |
| Total Income | 0 | 74 | 65 | 84 | 63 | 97 | 83 | 74 | 75 |
| Total Expenditure | 0 | 63 | 74 | 97 | 70 | 68 | 43 | 36 | 37 |
| Operating Profit | -0 | 11 | -9 | -13 | -7 | 29 | 40 | 38 | 38 |
| Interest | 0 | 0 | 6 | 14 | 20 | 35 | 42 | 43 | 46 |
| Depreciation | 0 | 0 | 4 | 15 | 17 | 16 | 18 | 18 | 20 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 12 | 0 | 11 | 1 | 1 |
| Profit Before Tax | -0 | 11 | -19 | -42 | -32 | -23 | -8 | -23 | -25 |
| Provision for Tax | -0 | 3 | 2 | -15 | 4 | 8 | 26 | 14 | 12 |
| Profit After Tax | -0 | 8 | -22 | -27 | -37 | -30 | -34 | -36 | -37 |
| Adjustments | 0 | 0 | 0 | -1 | 4 | 7 | 10 | 0 | 0 |
| Profit After Adjustments | -0 | 8 | -21 | -28 | -32 | -23 | -25 | -36 | -38 |
| Adjusted Earnings Per Share | -0.2 | 17.2 | -47.6 | -61.6 | -72.4 | -52.1 | -55 | -80.8 | -82.3 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -11% | 9% | 2% | 0% |
| Operating Profit CAGR | -5% | 0% | 0% | 0% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -62% | -13% | 22% | NA% |
| ROE Average | 0% | -66% | -49% | -23% |
| ROCE Average | 5% | 5% | 0% | 6% |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 5 | 12 | 121 | 187 | 61 | 38 | 14 | -45 |
| Minority's Interest | 0 | 0 | -9 | -8 | 8 | 4 | -6 | -2 |
| Borrowings | 0 | 5 | 102 | 131 | 307 | 447 | 388 | 441 |
| Other Non-Current Liabilities | -0 | 7 | 33 | 18 | 18 | 14 | 38 | 50 |
| Total Current Liabilities | 0 | 50 | 62 | 61 | 157 | 99 | 75 | 72 |
| Total Liabilities | 4 | 74 | 308 | 388 | 551 | 602 | 509 | 516 |
| Fixed Assets | 0 | 10 | 166 | 168 | 170 | 169 | 455 | 450 |
| Other Non-Current Assets | 0 | 12 | 52 | 88 | 275 | 334 | 21 | 28 |
| Total Current Assets | 4 | 52 | 89 | 133 | 106 | 98 | 34 | 38 |
| Total Assets | 4 | 74 | 308 | 388 | 551 | 602 | 509 | 516 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 5 | 1 | 11 | 11 | 8 | 7 |
| Cash Flow from Operating Activities | 0 | -1 | -14 | -46 | 84 | -55 | 120 | 27 |
| Cash Flow from Investing Activities | 0 | 2 | 5 | -62 | -159 | -73 | -14 | -40 |
| Cash Flow from Financing Activities | 0 | 3 | 4 | 119 | 74 | 125 | -107 | 18 |
| Net Cash Inflow / Outflow | 0 | 5 | -4 | 10 | -0 | -3 | -1 | 5 |
| Closing Cash & Cash Equivalent | 0 | 5 | 1 | 11 | 11 | 8 | 7 | 12 |
| # | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -0.17 | 17.2 | -47.59 | -61.61 | -72.35 | -52.07 | -55.03 | -80.77 |
| CEPS(Rs) | -0.17 | 17.28 | -38.56 | -26.44 | -44.25 | -31.23 | -37.35 | -40.79 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 10.06 | 27.25 | 269.49 | 415.53 | 135.87 | 83.63 | 28.62 | -102.6 |
| Core EBITDA Margin(%) | 0 | 11.33 | -18.21 | -35 | -31.04 | 11.15 | 43.41 | 46.88 |
| EBIT Margin(%) | 0 | 16.03 | -21.64 | -38.35 | -24.16 | 16.4 | 43.91 | 30.46 |
| Pre Tax Margin(%) | 0 | 15.79 | -30.92 | -57.85 | -60.64 | -29.45 | -10.94 | -33.38 |
| PAT Margin (%) | 0 | 10.92 | -34.46 | -37.2 | -69.04 | -39.25 | -45.23 | -53.54 |
| Cash Profit Margin (%) | 0 | 10.97 | -27.65 | -16.51 | -37.14 | -18.3 | -22.04 | -26.98 |
| ROA(%) | -1.72 | 19.61 | -11.28 | -7.68 | -7.86 | -5.22 | -6.2 | -7.1 |
| ROE(%) | -1.66 | 92.17 | -32.38 | -17.39 | -29.84 | -61.05 | -136.57 | 0 |
| ROCE(%) | -2.14 | 55.63 | -10.18 | -9.73 | -3.53 | 2.78 | 7.08 | 4.82 |
| Receivable days | 0 | 69.91 | 187.79 | 295.44 | 437.73 | 301.1 | 169.15 | 34.05 |
| Inventory Days | 0 | 38.79 | 49.32 | 43.17 | 36.94 | 25.89 | 19.87 | 4.42 |
| Payable days | 0 | 197 | 280.32 | 944.5 | 4591.43 | 0 | 1965.09 | 0 |
| PER(x) | 0 | 0.34 | 0 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0.21 | 0.03 | 0.11 | 2.34 | 4.42 | 15.61 | -5.91 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0 | 0.25 | 1.72 | 2.06 | 8.66 | 8.22 | 8.02 | 10.77 |
| EV/Core EBITDA(x) | -1.52 | 1.58 | -11.57 | -11.67 | -62.04 | 22 | 15.32 | 19.34 |
| Net Sales Growth(%) | 0 | 0 | -11.46 | 14.84 | -25.6 | 43.27 | -0.72 | -10.65 |
| EBIT Growth(%) | 0 | 0 | -219.51 | -103.51 | 53.14 | 197.29 | 165.74 | -38.02 |
| PAT Growth(%) | 0 | 0 | -379.39 | -23.98 | -38.09 | 18.54 | -14.39 | -5.76 |
| EPS Growth(%) | 0 | 0 | -376.72 | -29.46 | -17.44 | 28.03 | -5.68 | -46.78 |
| Debt/Equity(x) | 0 | 1.96 | 0.9 | 0.81 | 5.46 | 12.62 | 32.57 | -10.25 |
| Current Ratio(x) | 308.98 | 1.02 | 1.45 | 2.19 | 0.67 | 0.99 | 0.45 | 0.52 |
| Quick Ratio(x) | 308.98 | 0.87 | 1.3 | 2.07 | 0.65 | 0.92 | 0.44 | 0.51 |
| Interest Cover(x) | -754.24 | 65.38 | -2.33 | -1.97 | -0.66 | 0.36 | 0.8 | 0.48 |
| Total Debt/Mcap(x) | 0 | 9.19 | 29.71 | 7.6 | 2.33 | 2.86 | 2.09 | 1.73 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 75 | 75 | 75 | 75 | 75 | 74.97 | 74.89 | 74.89 | 74.89 | 74.87 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 25 | 25 | 25 | 25 | 25 | 25.03 | 25.11 | 25.11 | 25.11 | 25.13 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 |
* The pros and cons are machine generated.
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