Valuation Refex Industries Limited

Stocks

Market Closed - Bombay S.E. Other stock markets 06:16:05 2026-07-23 EDT			5-day change	1st Jan Change
314.05 ^INR	+0.77%		-0.99%	+20.77%

07-07	Refex Industries Limited Receives Ash Transportation Order Worth INR 209.4 Million from Maharashtra-Based Entity for Road Projects	CI
06-26	Refex Industries Limited Bags Order for Transportation of Ash to Construction Site of Road Projects of NHAI and Other Central or State Government Road Construction Department / Authority / Pmgsy Road Projects	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Market Cap ¹	1,972	2,504	5,248	15,588	48,799	25,999
Change	-	27%	109.55%	197.02%	213.05%	-46.72%
Enterprise Value (EV) ¹	2,536	3,068	6,396	17,086	47,847	24,266
Change	-	21%	108.47%	167.12%	180.04%	-49.28%
P/E	4.32x	5.52x	4.41x	16x	30.5x	12.5x
PBR	1.41x	1.36x	1.67x	3.35x	4.02x	1.73x
PEG	-	-10x	0x	-0.7x	0.7x	0.6x
Capitalization / Revenue	0.31x	0.56x	0.32x	1.13x	1.98x	1.14x
EV / Revenue	0.4x	0.69x	0.39x	1.24x	1.94x	1.07x
EV / EBITDA	4.02x	5.76x	3.76x	12.2x	24.1x	6.14x
EV / EBIT	4.06x	5.87x	3.81x	12.9x	26.2x	7.15x
EV / FCF	6.97x	-24.4x	-6.5x	-22.6x	-11.6x	-17.2x
FCF Yield	14.3%	-4.1%	-15.4%	-4.43%	-8.64%	-5.8%
Dividend per Share ²	0.3	-	0.4	0.5	-	1.5
Rate of return	1.6%	-	0.84%	0.37%	-	0.79%
EPS ²	4.346	4.322	10.77	8.44	12.38	15.1
Distribution rate	6.9%	-	3.71%	5.92%	-	9.93%
Net sales ¹	6,327	4,440	16,291	13,829	24,677	22,767
EBITDA ¹	631.3	532.5	1,702	1,398	1,983	3,949
EBIT ¹	623.9	523	1,678	1,328	1,829	3,395
Net income ¹	409.4	453.9	1,161	938.7	1,588	2,034
Net Debt ¹	563.6	563.6	1,148	1,498	-951.8	-1,733
Reference price ²	18.78	23.85	47.48	134.75	377.75	189.50
Nbr of stocks (in thousands)	105,010	105,010	110,535	115,681	129,182	137,199
Announcement Date	9/7/21	9/1/22	8/31/23	8/7/24	6/26/25	7/8/26

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
REFEX INDUSTRIES LIMITED	-	-	-	-	443M
PT UNITED TRACTORS TBK	7.63x	0.72x	3.04x	6.33%	5.1B
PT. INDIKA ENERGY TBK	25.58x	0.63x	8.51x	1.35%	741M
MASTERMYNE GROUP LIMITED	15.46x	0.74x	9.54x	-	96.38M
Average	16.23x	0.70x	7.03x	3.84%	1.6B
Weighted average by Cap.	10.00x	0.71x	3.83x	5.7%