Market cap
₹150 Cr
Revenue (TTM)
₹72 Cr
P/E Ratio
--
P/B Ratio
-1.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 14.73 | 32.62 | 7.82 | -2.89 | 0.02 |
| EBIT | 87.88 | 68.81 | -25.13 | 81.23 | 17.49 |
| Net Profit | 68.88 | 59.05 | -5.23 | -150.02 | -4.13 |
| EPS | 68.88 | 59.05 | -9.29 | -53.80 | -4.07 |
| Book Value | -- | -- | -458.44 | -191.06 | -182.44 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| -30.28 | -17.58 | 13.79 | 20.32 | 20.22 |
| Net Margin
| -36.43 | -42.50 | -48.42 | -49.21 | -41.53 |
| Return on equity
| 0.00 | -48.97 | -- | 0.00 | -136.57 |
| Return on Capital
| -58.29 | 0.28 | -- | 4.82 | 7.08 |
| Return on Assets
| -29.17 | -6.81 | -7.46 | -7.10 | -6.20 |
| Debt to Equity (x)
| -- | -- | -5.66 | -10.25 | 32.57 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
4.82
|
7.08
|
2.78
|
-3.53
|
|
Peer Median
|
--
|
21.87
|
17.59
|
15.29
|
--
|
ROE
--
--
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
--
|
-136.57
|
-61.05
|
-29.84
|
|
Peer Median
|
12.85
|
13.71
|
10.53
|
8.35
|
--
|
ROA
-7.46
Lower than Peers by 13.28
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
-7.46
|
-7.10
|
-6.20
|
-5.22
|
-7.86
|
|
Peer Median
|
5.83
|
6.55
|
3.91
|
2.85
|
--
|
EBIT Margin
13.79
Higher than Peers by 4.70
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
13.79
|
20.32
|
20.22
|
-9.81
|
-62.93
|
|
Peer Median
|
9.09
|
12.44
|
8.68
|
8.81
|
--
|
Net Margin
-48.42
Lower than Peers by 55.33
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
-48.42
|
-49.21
|
-41.53
|
-31.10
|
-58.97
|
|
Peer Median
|
6.91
|
7.02
|
4.68
|
4.10
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
-26.98
|
-22.04
|
-18.30
|
-37.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
7.82
Lower than Peers by 1.67
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
7.82
|
-10.65
|
-0.72
|
43.27
|
-25.60
|
|
Peer Median
|
9.50
|
17.07
|
16.78
|
15.81
|
--
|
EBIT Growth
-25.13
Lower than Peers by 38.90
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
-25.13
|
-10.19
|
304.62
|
77.67
|
15.91
|
|
Peer Median
|
13.77
|
37.71
|
25.33
|
14.27
|
--
|
Net Profit Growth
-5.23
Lower than Peers by 26.90
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
-5.23
|
-5.76
|
-14.39
|
18.54
|
-38.09
|
|
Peer Median
|
21.67
|
61.63
|
66.68
|
20.10
|
--
|
EPS Growth
-9.29
Lower than Peers by 20.31
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
-9.29
|
-46.78
|
-5.68
|
28.03
|
-17.44
|
|
Peer Median
|
11.03
|
27.43
|
--
|
22.50
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
-458.98
|
-65.77
|
-38.45
|
-67.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
-5.66
Lower than Peers by 5.72
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
-5.66
|
-10.25
|
32.57
|
12.62
|
5.46
|
|
Peer Median
|
0.05
|
0.35
|
0.47
|
0.57
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
-0.34
|
1.08
|
0.51
|
0.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.30
Lower than Peers by 1.22
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
0.30
|
0.52
|
0.45
|
0.99
|
0.67
|
|
Peer Median
|
1.53
|
1.45
|
1.36
|
1.39
|
--
|
Quick Ratio
0.28
Lower than Peers by 0.98
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
0.28
|
0.51
|
0.44
|
0.92
|
0.65
|
|
Peer Median
|
1.27
|
1.39
|
1.13
|
1.20
|
--
|
Interest Coverage
0.37
Lower than Peers by 3.83
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
0.37
|
0.48
|
0.80
|
0.36
|
-0.66
|
|
Peer Median
|
4.20
|
4.33
|
3.18
|
1.95
|
--
|
Operating Efficiency
Debtors to sales
5.42
Lower than Peers by 19.87
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
5.42
|
8.54
|
9.04
|
83.05
|
117.39
|
|
Peer Median
|
25.29
|
26.90
|
21.21
|
20.69
|
--
|
Asset Turnover
0.14
Lower than Peers by 0.50
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
0.14
|
0.13
|
0.14
|
0.13
|
0.11
|
|
Peer Median
|
0.64
|
0.79
|
0.72
|
0.71
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
34.05
|
169.15
|
301.10
|
437.73
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
4.42
|
19.87
|
25.89
|
36.94
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
--
|
1,965.09
|
--
|
4,591.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
--
|
-1,776.06
|
326.98
|
-4,116.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
20.90
|
25.61
|
33.32
|
19.88
|
--
|
Price / Book Value
-1.63
Lower than Peers by 3.92
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
-1.63
|
-5.91
|
15.61
|
4.42
|
2.34
|
|
Peer Median
|
2.29
|
2.91
|
3.63
|
1.86
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.07
|
--
|
--
|
0.02
|
--
|
EV/EBITDA
16.81
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
16.81
|
19.34
|
15.32
|
22.00
|
-62.04
|
|
Peer Median
|
--
|
16.68
|
17.42
|
11.36
|
--
|
Market Cap
150
Lower than Peers by 2,686
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Refex Renewables
|
150
|
273
|
201
|
166
|
143
|
|
Peer Median
|
2,837
|
2,809
|
3,110
|
2,177
|
--
|