Refex Industries share price
NSE: REFEXChemicalsThermal Coal
Refex Industries at a glance
Refex Industries (NSE: REFEX) closed at ₹240.95 on 22 Oct 2026, up 0.40% on the day. With a market capitalisation of ₹3,306 Cr, it ranks 938th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Chemicals sector; its industry is Thermal Coal.
At its last close the stock traded at 13.4× trailing earnings, against a return on equity of 14.8% in FY26. Over the past year the share price has fallen 32.6%. Its 52-week range is ₹188.00 (23 Mar 2026) to ₹382.00 (6 Nov 2025); the last close is 36.9% below the high. In Q1 FY27, the quarter ended 30 Jun 2026, revenue was ₹916 Cr (+139.1% year on year) and net profit ₹65 Cr (+216.9%), on a consolidated basis. Promoters held 56.57% of the company as of 30 Jun 2026; 43.51% of promoter shares were pledged.
Key numbers
- Market cap
- ₹3,306 CrRank 938 on NSE
- P/E (trailing)
- 13.4×
- Price to book
- 1.89×FY26
- EPS (TTM)
- ₹18.01to Q1 FY27
- ROE
- 14.8%FY26
- ROCE
- 22.7%FY26
- Debt to equity
- 0.12FY26
- Net profit margin
- 8.9%FY26
- Book value / share
- ₹100.10FY26
- Dividend payout
- 3.2%FY26
- 52-week high
- ₹382.006 Nov 2025
- 52-week low
- ₹188.0023 Mar 2026
- 1-year return
- −32.6%
- RSI (14-day)
- 31.3
Returns to 22 Oct 2026
| Period | 1 day | 1 week | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Price change | +0.40% | −8.7% | −18.3% | −22.7% | −32.6% |
Refex Industries quarterly results
| Quarter | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹528 Cr | ₹717 Cr | ₹628 Cr | ₹383 Cr | ₹427 Cr | ₹576 Cr | ₹934 Cr | ₹916 Cr |
| Revenue YoY | +49.8% | +134.4% | +83.4% | −35.6% | −19.1% | −19.7% | +48.8% | +139.1% |
| Net profit | ₹31 Cr | ₹50 Cr | ₹48 Cr | ₹20 Cr | ₹36 Cr | ₹53 Cr | ₹94 Cr | ₹65 Cr |
| Net profit YoY | +44.9% | +196.2% | +43.6% | −30.6% | +16.5% | +5.3% | +97.1% | +216.9% |
| Net margin | 5.9% | 7.0% | 7.6% | 5.3% | 8.5% | 9.2% | 10.1% | 7.0% |
| EPS | ₹2.60 | ₹3.99 | ₹3.71 | ₹1.58 | ₹2.80 | ₹3.94 | ₹6.62 | ₹4.65 |
Refex Industries financials
| Item | FY20 | FY21 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | ₹661 Cr | ₹633 Cr | ₹1,629 Cr | ₹1,383 Cr | ₹2,468 Cr | — |
| Operating profit | ₹54 Cr | ₹58 Cr | ₹157 Cr | ₹121 Cr | ₹200 Cr | — |
| Net profit | ₹33 Cr | ₹41 Cr | ₹116 Cr | ₹93 Cr | ₹158 Cr | — |
| EPS (₹) | ₹21.00 | ₹22.00 | ₹54.00 | ₹8.00 | ₹13.00 | — |
| Cash from operations | ₹12 Cr | ₹123 Cr | ₹28 Cr | ₹3 Cr | −₹265 Cr | — |
| Total debt | ₹0 Cr | ₹0 Cr | ₹40 Cr | ₹53 Cr | ₹92 Cr | ₹29 Cr |
| Shareholders' equity | ₹76 Cr | ₹140 Cr | ₹314 Cr | ₹466 Cr | ₹1,058 Cr | ₹1,373 Cr |
Refex Industries shareholding pattern
| Holder | 30 Sep 2025 | 3 Oct 2025 | 31 Dec 2025 | 31 Mar 2026 | 7 May 2026 | 30 Jun 2026 |
|---|---|---|---|---|---|---|
| Promoters | 53.33% | 55.92% | 55.80% | 55.85% | 55.85% | 56.57% |
| Foreign institutions | 1.71% | 1.60% | 2.03% | 1.37% | 1.65% | 0.93% |
| Domestic institutions | 0.15% | 0.14% | 0.16% | 0.13% | 0.14% | 0.38% |
| Non-institutions | 44.81% | 42.35% | 42.01% | 42.65% | 42.36% | 42.13% |
| Promoter shares pledged | 30.19% | 27.20% | 28.84% | 41.29% | 41.29% | 43.51% |
Refex Industries vs peers
The listed Chemicals companies nearest to Refex Industries by market capitalisation.
| Company | Price | 1 day | 1 year | Market cap | P/E | ROE |
|---|---|---|---|---|---|---|
| PREMEXPLNPremier Explosives | ₹690.65 | −0.19% | +10.7% | ₹3,713 Cr | 81.4 | — |
| GRAUWEILGrauer & Weil India | ₹80.67 | +2.13% | +41.5% | ₹3,658 Cr | 22.3 | — |
| GHCLGuj Heavy Chem | ₹384.55 | −0.90% | −36.8% | ₹3,543 Cr | — | — |
| REFEXRefex Industries | ₹240.95 | +0.40% | −32.6% | ₹3,306 Cr | 13.4 | — |
| KIRIINDUSKiri Industries | ₹479.70 | +1.00% | −14.0% | ₹3,126 Cr | 0.5 | — |
| CHEMPLASTSChemplast Sanmar | ₹194.24 | +1.64% | −47.3% | ₹3,071 Cr | — | — |
| NFLNational Fertilizers | ₹59.30 | −1.17% | −35.8% | ₹2,909 Cr | — | — |
Ask anything about Refex Industries
Pivot answers on the live chart with evidence you can check, and tests strategies against REFEX's own history. Try: “Why has REFEX moved over the last three months?” · “Backtest a 50-day moving-average crossover on REFEX over five years” · “Compare REFEX with PREMEXPLN on margins and valuation”
Frequently asked questions about Refex Industries
What is the share price of Refex Industries today?
Refex Industries (NSE: REFEX) last closed at ₹240.95 on 22 Oct 2026. Its 52-week high is ₹382.00 and its 52-week low is ₹188.00.
What is the market cap of Refex Industries?
Refex Industries' market capitalisation is ₹3,306 Cr (₹3,306 Cr) at the 22 Oct 2026 close, ranking 938th among the NSE companies Pivot tracks.
What is the P/E ratio of Refex Industries?
Refex Industries trades at a trailing P/E of 13.4. The median P/E of the 3 closest Chemicals peers by market cap is 22.3.
What is the ROE and ROCE of Refex Industries?
Return on equity was 14.8% in FY26 and return on capital employed was 22.7% in FY26 (consolidated figures).
Is Refex Industries a debt-free company?
No. Refex Industries' debt-to-equity ratio was 0.12 in FY26, with total debt of ₹29 Cr.
What were Refex Industries' latest quarterly results?
For Q1 FY27 (quarter ended 30 Jun 2026), Refex Industries reported revenue of ₹916 Cr, +139.1% year on year, and net profit of ₹65 Cr, +216.9% year on year.
How has Refex Industries stock performed over the last year?
Refex Industries' share price has fallen 32.6% over the past year, −22.7% over three months and −18.3% over one month, to the 22 Oct 2026 close.
What is the shareholding pattern of Refex Industries?
As of 30 Jun 2026: promoters 56.57%, foreign institutions 0.93%, domestic institutions 0.38%, non-institutions 42.13%. 43.51% of promoter shares were pledged.
Who are Refex Industries' competitors?
The listed Chemicals companies closest to Refex Industries by market cap are Premier Explosives, Grauer & Weil India, Guj Heavy Chem, Kiri Industries, Chemplast Sanmar and National Fertilizers.
Is Refex Industries a good stock to buy?
Pivot does not give buy or sell recommendations. This page sets out Refex Industries' price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on REFEX against its own history before risking money. This is analysis, not financial advice.
Sources and method
Prices: NSE daily closes to 22 Oct 2026 (returns and ratios at the 22 Oct 2026 close). Fundamentals: company filings via Moneycontrol, consolidated where available. Shareholding: exchange shareholding-pattern filings. The 52-week range uses intraday highs and lows; the chart marks closing prices. P/E is the last close over trailing twelve-month EPS. Market-cap rank is among the 4,183 NSE companies Pivot tracks; SEBI's bands call the top 100 large-cap and the next 150 mid-cap. Figures marked “—” are not available rather than zero. This is analysis, not financial advice.
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