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Refex Industries share price

Refex Industries Ltd.

NSE: REFEX BSE: 532884 SECTOR: Industrial Gases & Fuels  186k   987   84

486.50
-1.35 (-0.28%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 504

Today's Low

₹ 482.3

52 Week High

₹ 600

52 Week Low

₹ 109.34

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

6270.39 Cr.

Enterprise Value

6333.69 Cr.

No. of Shares

12.89 Cr.

P/E

48.68

P/B

9.89

Face Value

₹ 2

Div. Yield

0.1 %

Book Value (TTM)

₹  49.19

CASH

32.9 Cr.

DEBT

96.2 Cr.

Promoter Holding

57.12 %

EPS (TTM)

₹  9.99

Sales Growth

-15.87%

ROE

25.67 %

ROCE

32.77%

Profit Growth

-13.02 %

* 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

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

 Group Companies

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Ratios

Sales Growth

1 Year-15.87%
3 Year29.39%
5 Year24.35%

Profit Growth

1 Year-13.02%
3 Year35.09%
5 Year26.12%

ROE%

1 Year25.67%
3 Year33.44%
5 Year38.84%

ROCE %

1 Year32.77%
3 Year45.11%
5 Year55.58%

Debt/Equity

0.2037

Price to Cash Flow

-1395.68

Interest Cover Ratio

5.9891

CFO/PAT (5 Yr. Avg.)

0.430250680285452

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 57.12 15.81
Jun 2024 55.28 16.34
Mar 2024 55.28 6.31
Dec 2023 53.27 0.00
Sep 2023 53.33 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 35.0943370954012% for the Past 3 years.
  • The company has shown a good revenue growth of 29.3922121376012% for the Past 3 years.
  • Company has been maintaining healthy ROE of 33.4439666666667% over the past 3 years.
  • Company has been maintaining healthy ROCE of 45.1091666666667% over the past 3 years.
  • The company has an efficient Cash Conversion Cycle of 44.9305 days.
  • Company has a healthy liquidity position with current ratio of 2.7291.

 Limitations

  • Company has contingent liabilities of 282.1829 Cr.
  • Company has negative cash flow from operations of -4.4927.
  • The company is trading at a high EV/EBITDA of 31.9969.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 350.31 301.51 337.38 589.65 519.8
Total Expenditure 315.28 267.85 293.88 537.41 472.11
Operating Profit 35.03 33.66 43.5 52.24 47.69
Other Income 4.81 3.22 8.32 2.4 7.84
Interest 5.76 7.29 7.1 4.34 3.54
Depreciation 2.21 2.23 2.22 2.24 2.35
Exceptional Items 0.04 -0.02 0.02 0 0.27
Profit Before Tax 31.91 27.34 42.52 48.06 49.92
Tax 8.5 7.57 6.77 12.09 12.6
Profit After Tax 23.4 19.78 35.76 35.97 37.32
Adjusted EPS (Rs) 2.12 1.79 3.09 3.11 3.09

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 660.74 632.66 443.96 1629.15 1370.56
Total Expenditure 609.4 564.98 383.1 1454.5 1221.8
Operating Profit 51.35 67.68 60.86 174.65 148.76
Other Income 4.79 4.44 5.03 8.29 18.28
Interest 0.91 8.97 12.63 19.41 26.4
Depreciation 1.39 5.29 5.65 6.89 8.8
Exceptional Items -5.81 0 13.38 -0.25 -0.13
Profit Before Tax 48.03 57.86 60.98 156.39 131.7
Tax 14.89 16.91 15.59 40.33 30.76
Net Profit 33.13 40.94 45.39 116.06 100.95
Adjusted EPS (Rs.) 4.15 3.9 4.32 10.5 8.73

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 15.48 21 21 22.11 23.14
Total Reserves 60.38 118.57 162.96 292.29 449.52
Borrowings 0 0.09 1.03 40.46 38.96
Other N/C liabilities 10.39 70.02 67.41 63.53 61.15
Current liabilities 62.85 134.95 133.6 348.76 187.43
Total Liabilities 149.1 344.63 386 767.14 760.2
Assets
Net Block 21.94 86.78 85.03 146.76 144.2
Capital WIP 0 0 0.39 3.25 8.61
Intangible WIP 0 0 0 0 0
Investments 0.05 74.05 74 73.85 81.12
Loans & Advances 7 7 7.04 0.36 14.73
Other N/C Assets 0 0 0 0 0
Current Assets 120.11 176.8 219.54 542.93 511.52
Total Assets 149.1 344.63 386 767.14 760.2
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 48.03 57.86 60.98 156.39 131.7
Adjustment 30.5 19.39 12.3 23.9 30.71
Changes in Assets & Liabilities -54.23 46.04 -87.1 -135.87 -143.23
Tax Paid -12.41 0 0 -16.51 -23.67
Operating Cash Flow 11.89 123.29 -13.82 27.91 -4.49
Investing Cash Flow 4.56 -122.27 -5.14 -77.66 -15.62
Financing Cash Flow 0.63 -4.72 2.01 59.64 42.83
Net Cash Flow 17.08 -3.71 -16.96 9.89 22.72

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 53.33 53.27 55.28 55.28 57.12
sherisha technologies pri... 48.09 48.03 55.28 55.28 57.12
anil jain t 0.68 0.68 - - -
dimple jain 0.44 0.44 - - -
tarachand jain 1.55 1.55 - - -
ugamdevi jain 2.57 2.57 - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 46.67 46.73 44.72 44.72 42.88
llp - - 0.06 0.08 0.09
nisha jain 1.26 1.26 1.20 1.16 1.02
tv18 broadcast limited 1.24 1.24 1.19 1.19 1.14

Ratings & Research Reports

Company Presentations

Company News

Refex Industries gets nod to incorporate wholly owned subsidiary 23 Dec, 11:58 AM Refex Industries - Quaterly Results 13 Nov, 3:42 PM Refex Industries - Quaterly Results 13 Nov, 3:42 PM Refex Industries informs about proceedings of EGM 26 Oct, 3:25 PM Refex Industries informs about shareholder’s meeting 4 Oct, 5:24 PM Refex Industries to raise funds worth Rs 927.81 crore 3 Oct, 5:44 PM Refex Industries informs about amendment to articles of association of company 31 Aug, 12:15 PM Refex Industries informs about disclosure 22 Aug, 1:24 PM Refex Industries - Quaterly Results 5 Aug, 3:13 PM Refex Industries - Quaterly Results 5 Aug, 3:13 PM Refex Industries - Quaterly Results 5 Aug, 3:13 PM Refex Industries informs about statement of deviation or variation 24 May, 5:23 PM Refex Industries - Quaterly Results 24 May, 2:53 PM Refex Industries - Quaterly Results 24 May, 2:53 PM Refex Industries - Quaterly Results 24 May, 2:53 PM Refex Industries informs about disclosure 20 Mar, 12:05 PM Refex Industries fixes record date for sub-division of equity shares 7 Mar, 4:44 PM Refex Industries informs about outcome of board meeting 2 Mar, 4:24 PM Refex Industries informs about scrutinizer report & voting results 2 Mar, 10:07 AM Refex Industries - Quaterly Results 8 Feb, 2:12 PM Refex Industries - Quaterly Results 8 Feb, 2:12 PM Refex Industries - Quaterly Results 8 Feb, 2:12 PM Refex Industries informs about board meeting 20 Oct, 5:20 PM Refex Industries - Quaterly Results 20 Oct, 4:26 PM Refex Industries - Quaterly Results 20 Oct, 4:26 PM Refex Industries - Quaterly Results 20 Oct, 4:26 PM Refex Industries’ arm acquires 49.99% stake in O3 Mobility 5 Oct, 10:20 AM Refex Industries gets nod to further invest in Refex Green Mobility 4 Sep, 11:11 AM Refex Industries informs about disclosure 1 Sep, 3:04 PM Refex Industries informs about disclosure 10 Aug, 9:58 AM Refex Industries - Quaterly Results 3 Aug, 2:08 PM Refex Industries - Quaterly Results 3 Aug, 2:08 PM Refex Industries - Quaterly Results 3 Aug, 2:08 PM Refex Industries informs about grant of options under ESOP scheme 2021 19 May, 12:37 PM Refex Industries - Quaterly Results 18 May, 5:53 PM Refex Industries - Quaterly Results 18 May, 5:53 PM Refex Industries informs about disclosure 27 Apr, 4:25 PM Refex Industries incorporates subsidiary company 15 Mar, 6:15 PM Refex Industries gets nod to incorporate subsidiary 3 Mar, 10:22 AM Refex Industries - Quaterly Results 2 Feb, 1:22 PM Refex Industries - Quaterly Results 2 Feb, 1:22 PM Refex Industries - Quaterly Results 2 Feb, 1:22 PM Refex Industries - Quaterly Results 8 Nov, 1:26 PM Refex Industries - Quaterly Results 8 Nov, 1:26 PM Refex Industries informs about board meeting 29 Oct, 12:03 PM Refex Industries informs about certificate 15 Oct, 3:16 PM Refex Industries informs about allotment under ESOP 13 Sep, 11:45 AM Refex Industries - Quaterly Results 5 Aug, 6:33 PM Refex Industries - Quaterly Results 5 Aug, 6:33 PM Refex Industries - Quaterly Results 6 May, 5:46 PM

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. 

Refex Industries stock price today is Rs 486.45. 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 48.6732304736747 which is high and comparatively overvalued .

  • Share Price: - The current share price of Refex Industries is Rs 486.45. 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 13.2187 % which is a bad 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 2.7291 .

  • 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 25.6714 % .(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 0.2037 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Refex Industries has reported revenue growth of -15.8728 % which is poor 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 10.85386627648 %.

  • 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 0.5 and the yield is 0.1028 %.

  • 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 9.9942 . 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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