# Refex Industries (NSE: REFEX) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/REFEX · Pivot · prices to 22 Oct 2026

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

| Metric | Value |
| --- | --- |
| Last close | ₹240.95 |
| Market cap | ₹3,306 Cr |
| P/E (trailing) | 13.4 |
| ROE | 14.8% (FY26) |
| ROCE | 22.7% (FY26) |
| Debt to equity | 0.12 |
| 52-week high | ₹382.00 (6 Nov 2025) |
| 52-week low | ₹188.00 (23 Mar 2026) |
| 1-year return | −32.6% |

## Quarterly results (₹ crore, consolidated)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q1 FY27 | ₹916 Cr | +139.1% | ₹65 Cr | +216.9% | ₹4.65 |
| Q4 FY26 | ₹934 Cr | +48.8% | ₹94 Cr | +97.1% | ₹6.62 |
| Q3 FY26 | ₹576 Cr | −19.7% | ₹53 Cr | +5.3% | ₹3.94 |
| Q2 FY26 | ₹427 Cr | −19.1% | ₹36 Cr | +16.5% | ₹2.80 |
| Q1 FY26 | ₹383 Cr | −35.6% | ₹20 Cr | −30.6% | ₹1.58 |
| Q4 FY25 | ₹628 Cr | +83.4% | ₹48 Cr | +43.6% | ₹3.71 |
| Q3 FY25 | ₹717 Cr | +134.4% | ₹50 Cr | +196.2% | ₹3.99 |
| Q2 FY25 | ₹528 Cr | +49.8% | ₹31 Cr | +44.9% | ₹2.60 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹2,468 Cr | ₹158 Cr |
| FY24 | ₹1,383 Cr | ₹93 Cr |
| FY23 | ₹1,629 Cr | ₹116 Cr |
| FY21 | ₹633 Cr | ₹41 Cr |
| FY20 | ₹661 Cr | ₹33 Cr |
| FY19 | ₹461 Cr | ₹32 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 56.57%
- Foreign institutions: 0.93%
- Domestic institutions: 0.38%
- Non-institutions: 42.13%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Premier Explosives](https://app.pivotnow.in/stock/PREMEXPLN) | ₹690.65 | ₹3,713 Cr | 81.4 | — |
| [Grauer & Weil India](https://app.pivotnow.in/stock/GRAUWEIL) | ₹80.67 | ₹3,658 Cr | 22.3 | — |
| [Guj Heavy Chem](https://app.pivotnow.in/stock/GHCL) | ₹384.55 | ₹3,543 Cr | — | — |
| [Kiri Industries](https://app.pivotnow.in/stock/KIRIINDUS) | ₹479.70 | ₹3,126 Cr | 0.5 | — |
| [Chemplast Sanmar](https://app.pivotnow.in/stock/CHEMPLASTS) | ₹194.24 | ₹3,071 Cr | — | — |
| [National Fertilizers](https://app.pivotnow.in/stock/NFL) | ₹59.30 | ₹2,909 Cr | — | — |

## Questions and answers

### 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.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.