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Refex Industries share price

Refex Industries Ltd.

NSE: REFEX BSE: 532884 SECTOR: Industrial Gases & Fuels  130k   929   80

160.05
-3.05 (-1.87%)
NSE: Today, 04:03 PM

Price Summary

Today's High

₹ 167

Today's Low

₹ 154.95

52 Week High

₹ 4620

52 Week Low

₹ 130

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1851.48 Cr.

Enterprise Value

1922.88 Cr.

No. of Shares

11.57 Cr.

P/E

15.98

P/B

4.23

Face Value

₹ 2

Div. Yield

0.25 %

Book Value (TTM)

₹  37.83

CASH

10.18 Cr.

DEBT

81.58 Cr.

Promoter Holding

55.28 %

EPS (TTM)

₹  10.02

Sales Growth

266.96%

ROE

46.6 %

ROCE

59.09%

Profit Growth

155.7 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year266.96%
3 Year35.1%
5 Year84.18%

Profit Growth

1 Year155.7%
3 Year51.87%
5 Year161.86%

ROE%

1 Year46.6%
3 Year37.56%
5 Year57.18%

ROCE %

1 Year59.09%
3 Year54.69%
5 Year61.24%

Debt/Equity

0.2597

Price to Cash Flow

66.34

Interest Cover Ratio

9.05701096840337

CFO/PAT (5 Yr. Avg.)

0.724070737234217

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 55.28 6.31
Dec 2023 53.27 0
Sep 2023 53.33 0
Jun 2023 52.7 0
Mar 2023 52.7 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 51.8730134184987% for the Past 3 years.
  • The company has shown a good revenue growth of 35.0955940212581% for the Past 3 years.
  • Company has been maintaining healthy ROE of 37.5573739296081% over the past 3 years.
  • Company has been maintaining healthy ROCE of 54.691724172573% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 9.05701096840337.
  • Company’s PEG ratio is 0.111806034323379.
  • The company has an efficient Cash Conversion Cycle of 16.4624837405429 days.

 Limitations

  • Promoter pledging has increased from 0% to 6.31% in 1 quarter.
  • Company has contingent liabilities of 144.9019 Cr.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 380.4 630.13 381.37 350.31 301.51
Total Expenditure 340.79 556.58 344.79 315.28 267.85
Operating Profit 39.61 73.55 36.57 35.03 33.66
Other Income 1.37 1.85 1.93 4.81 3.22
Interest 3.77 5.89 6.25 5.76 7.29
Depreciation 1.74 1.87 2.15 2.21 2.23
Exceptional Items 0.09 0.27 -0.17 0.04 -0.02
Profit Before Tax 35.55 67.9 29.93 31.91 27.34
Tax 9.4 17.23 7.92 8.5 7.57
Profit After Tax 26.15 50.67 22.01 23.4 19.78
Adjusted EPS (Rs) 59.15 114.61 49.79 52.93 44.67

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 461.05 660.74 632.66 443.96 1629.15
Total Expenditure 432.78 609.4 564.98 383.1 1454.5
Operating Profit 28.27 51.35 67.68 60.86 174.65
Other Income 1.85 4.79 4.44 5.03 8.29
Interest 0.3 0.91 8.97 12.63 19.41
Depreciation 0.96 1.39 5.29 5.65 6.89
Exceptional Items 0 -5.81 0 13.38 -0.25
Profit Before Tax 28.87 48.03 57.86 60.98 156.39
Tax -2.76 14.89 16.91 15.59 40.33
Net Profit 31.63 33.13 40.94 45.39 116.06
Adjusted EPS (Rs.) 99.02 103.71 97.47 108.06 262.5

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 15.48 15.48 21 21 22.11
Total Reserves 27.3 60.38 118.57 162.96 292.29
Borrowings 0.18 0 0.09 1.03 40.46
Other N/C liabilities -8.9 10.39 70.02 67.41 63.53
Current liabilities 121.91 62.85 134.95 133.6 348.76
Total Liabilities 155.96 149.1 344.63 386 767.14
Assets
Net Block 14.88 21.94 86.78 85.03 146.76
Capital WIP 0.27 0 0 0.39 3.25
Intangible WIP 0 0 0 0 0
Investments 0.05 0.05 74.05 74 73.85
Loans & Advances 3.12 7 7 7.04 0.36
Other N/C Assets 0 0 0 0 0
Current Assets 137.65 120.11 176.8 219.54 542.93
Total Assets 155.96 149.1 344.63 386 767.14
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 28.87 48.03 57.86 60.98 156.39
Adjustment -0.59 30.5 19.39 12.3 23.9
Changes in Assets & Liabilities 22.48 -54.23 46.04 -87.1 -135.87
Tax Paid -6.58 -12.41 0 0 -16.51
Operating Cash Flow 44.18 11.89 123.29 -13.82 27.91
Investing Cash Flow 0.05 4.56 -122.27 -5.14 -77.66
Financing Cash Flow -41.06 0.63 -4.72 2.01 59.64
Net Cash Flow 3.17 17.08 -3.71 -16.96 9.89

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 52.70 52.70 53.33 53.27 55.28
sherisha technologies pri... 47.46 47.46 48.09 48.03 55.28
anil jain t - 0.68 0.68 0.68 -
dimple jain 0.44 0.44 0.44 0.44 -
tarachand jain 1.55 1.55 1.55 1.55 -
ugamdevi jain 2.57 2.57 2.57 2.57 -
anil jain 0.68 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 47.30 47.30 46.67 46.73 44.72
llp - - - - 0.06
nisha jain 1.26 1.26 1.26 1.26 1.20
tv18 broadcast limited 1.24 1.24 1.24 1.24 1.19

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ3FY24 24 Apr 2024

Company News

Refex Industries informs about disclosure20 Mar 2024, 12:05PM Refex Industries fixes record date for sub-division of equity shares7 Mar 2024, 4:44PM Refex Industries informs about outcome of board meeting2 Mar 2024, 4:24PM Refex Industries informs about scrutinizer report & voting results2 Mar 2024, 10:07AM Refex Industries - Quaterly Results8 Feb 2024, 2:12PM Refex Industries - Quaterly Results8 Feb 2024, 2:12PM Refex Industries - Quaterly Results8 Feb 2024, 2:12PM Refex Industries informs about board meeting20 Oct 2023, 5:20PM Refex Industries - Quaterly Results20 Oct 2023, 4:26PM Refex Industries - Quaterly Results20 Oct 2023, 4:26PM Refex Industries - Quaterly Results20 Oct 2023, 4:26PM Refex Industries’ arm acquires 49.99% stake in O3 Mobility5 Oct 2023, 10:20AM Refex Industries gets nod to further invest in Refex Green Mobility4 Sep 2023, 11:11AM Refex Industries informs about disclosure 1 Sep 2023, 3:04PM Refex Industries informs about disclosure 10 Aug 2023, 9:58AM Refex Industries - Quaterly Results3 Aug 2023, 2:08PM Refex Industries - Quaterly Results3 Aug 2023, 2:08PM Refex Industries - Quaterly Results3 Aug 2023, 2:08PM Refex Industries informs about grant of options under ESOP scheme 202119 May 2023, 12:37PM Refex Industries - Quaterly Results18 May 2023, 5:53PM Refex Industries - Quaterly Results18 May 2023, 5:53PM Refex Industries informs about disclosure27 Apr 2023, 4:25PM Refex Industries incorporates subsidiary company15 Mar 2023, 6:15PM Refex Industries gets nod to incorporate subsidiary 3 Mar 2023, 10:22AM Refex Industries - Quaterly Results2 Feb 2023, 1:22PM Refex Industries - Quaterly Results2 Feb 2023, 1:22PM Refex Industries - Quaterly Results2 Feb 2023, 1:22PM Refex Industries - Quaterly Results8 Nov 2022, 1:26PM Refex Industries - Quaterly Results8 Nov 2022, 1:26PM Refex Industries informs about board meeting 29 Oct 2022, 12:03PM Refex Industries informs about certificate 15 Oct 2022, 3:16PM Refex Industries informs about allotment under ESOP13 Sep 2022, 11:45AM Refex Industries - Quaterly Results5 Aug 2022, 6:33PM Refex Industries - Quaterly Results5 Aug 2022, 6:33PM Refex Industries - Quaterly Results6 May 2022, 5:46PM Refex Industries - Quaterly Results6 May 2022, 5:46PM Refex Industries informs about disclosure19 Mar 2022, 12:57PM Refex Industries - Quaterly Results21 Jan 2022, 5:02PM Refex Industries informs about compliance certificate16 Apr 2021, 12:32PM Refex Industries informs about 18th annual report9 Dec 2020, 10:39AM Refex Industries gets nod to invest in units of RKG Fund-I29 Sep 2020, 9:30AM

Refex Industries Stock Price Analysis and Quick Research Report. Is Refex Industries an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Refex Industries . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Refex Industries has a PE ratio of 16.3539971445402 which is high and comparatively overvalued .

  • Share Price: - The current share price of Refex Industries is Rs 163.8. One can use valuation calculators of ticker to know if Refex Industries share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Refex Industries has ROA of 20.1299630999702 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Refex Industries has a Current ratio of 1.55671004359675 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Refex Industries has a ROE of 46.6016595152911 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Refex Industries has a Debt to Equity ratio of 0.2597 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Refex Industries has reported revenue growth of 266.959636795126 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Refex Industries for the current financial year is 10.7202616628946 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Refex Industries is Rs 2 and the yield is 0.2556 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Refex Industries is Rs 10.0159 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Refex Industries in Ticker for free. Also, one can get the intrinsic value of Refex Industries by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Refex Industries
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