Refex Industries
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
Refex Industries is navigating a stable revenue growth trajectory, supported by management's focus on maintaining consistent profit margins and a conservatively financed balance sheet. The company's strategic positioning within the gas utilities sector, characterized by a shift towards cleaner energy sources, aligns with broader industry trends favoring natural gas adoption. This transition is bolstered by government initiatives aimed at expanding piped natural gas networks, which enhances Refex's competitive position despite the fragmented market landscape. Vista's financial outlook reflects expectations of stable revenue growth and margins, with a fair valuation indicating that current market prices are aligned with intrinsic value. The macroeconomic environment in India, marked by robust growth and favorable liquidity conditions, further supports Refex's operational stability. However, the company faces challenges from competitive pricing pressures and the need for ongoing infrastructure development. Over the next 12-24 months, key opportunities lie in capitalizing on the energy transition, while watchpoints include potential fluctuations in crude oil prices and the evolving competitive landscape within the gas utilities sector
Why We Like This Stock
Things To Watch Out For
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 1,383 | 2,468 | 2,277 | 2,706 | 2,495 |
| Profit Before Tax (Cr.) | 121 | 200 | 331 | 399 | 367 |
| PBT Margin | 8.8% | 8.1% | 1452.2% | 14.8% | 14.7% |
| Net Profit (Cr.) | 89 | 150 | 229 | 260 | 239 |
| Earnings Per Share | 6.6 | 10.9 | 16.7 | 19.0 | 17.5 |
Analyst Recommendations
No analyst recommendations available.
Company Overview
Show Company Profile
Refex Industries Limited engages in handling and disposal of fly ash in India. It provides refills hydrofluorocarbons, which is used in air conditioners, refrigerators, and refrigeration systems. The company engages in solar power generation and related activities; coal trading; and providing coal yard management services and power trading solutions. It also owns and operates electric vehicles. The company was formerly known as Refex Refrigerants Limited and changed its name to Refex Industries Limited in November 2013. The company was incorporated in 2002 and is based in Chennai, India.