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NSE: REFEX | BSE: 532884

₹214.10

up-down-arrow ₹-8.20 (-3.69%)

As on 30-Oct-2026 13:29IST

Market cap

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₹2,911 Cr

Revenue (TTM)

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₹3,188 Cr

P/E Ratio

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11.3

P/B Ratio

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1.8

Div. Yield

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0.7 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -16.91 83.59 55.72 11.80 46.39
EBIT -5.51 44.60 111.52 26.76 51.78
Net Profit -20.09 25.18 51.37 27.82 54.17
EPS -21.48 26.05 55.06 12.24 42.09
Book Value -- -- 22.13 52.10 49.74
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 11.83--13.6615.018.69
Net Margin info 9.05--9.3810.537.78
Return on equity info 22.86--19.1519.9523.60
Return on Capital info 27.58----24.0625.03
Return on Assets info 13.44--10.8510.4713.93
Debt to Equity (x) info ----0.020.120.16

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
--
24.06
25.03
30.79
65.61
Peer Median
--
18.02
15.30
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

19.15

Higher than Peers by 4.66

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
19.15
19.95
23.60
23.86
51.17
Peer Median
14.50
14.66
11.31
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

10.85

No difference

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
10.85
10.47
13.93
12.05
21.20
Peer Median
10.85
8.35
6.25
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

13.66

Lower than Peers by 2.51

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
13.66
15.01
8.69
9.58
10.30
Peer Median
16.18
25.30
14.68
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

9.38

Lower than Peers by 2.39

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
9.38
10.53
7.78
6.64
7.09
Peer Median
11.77
10.53
6.45
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
--
11.52
8.39
7.70
7.55
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

55.72

Higher than Peers by 49.29

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
55.72
0.77
63.39
-15.12
157.51
Peer Median
6.44
10.43
45.16
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

111.52

Higher than Peers by 89.21

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
111.52
74.10
48.19
-21.06
--
Peer Median
22.31
36.64
55.31
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

51.37

Higher than Peers by 23.71

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
51.37
34.88
93.27
-19.89
183.50
Peer Median
27.66
51.89
37.69
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

55.06

Higher than Peers by 46.72

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
55.06
21.11
52.54
-23.45
169.33
Peer Median
8.33
32.67
-26.28
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
--
29.71
127.35
48.10
125.17
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

0.02

Higher than Peers by 0.00

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
0.02
0.12
0.16
0.25
0.26
Peer Median
0.02
0.12
0.15
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
--
0.08
0.02
0.10
0.08
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

1.76

Lower than Peers by 0.33

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
1.76
2.08
3.49
2.59
1.59
Peer Median
2.08
1.54
1.96
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

1.69

Lower than Peers by 0.32

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
1.69
2.01
3.47
2.55
1.55
Peer Median
2.01
1.69
2.38
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

9.36

Lower than Peers by 6.83

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
9.36
10.04
13.88
5.13
9.06
Peer Median
16.19
14.65
5.53
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

39.24

Higher than Peers by 17.12

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
39.24
38.93
29.95
22.12
15.05
Peer Median
22.12
19.14
181.92
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

1.15

Higher than Peers by 0.32

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
1.15
0.98
1.75
1.79
2.98
Peer Median
0.82
0.82
1.57
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
--
125.29
79.38
72.73
37.88
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
--
6.69
1.18
2.38
1.83
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
--
57.73
15.81
31.02
32.42
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
--
74.26
64.75
44.09
7.29
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

11.25

Lower than Peers by 26.09

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
11.25
12.76
30.81
16.77
0.90
Peer Median
37.34
41.57
123.75
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

1.81

Lower than Peers by 1.28

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
1.81
1.90
4.61
3.35
1.67
Peer Median
3.09
4.56
3.83
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

0.71

Higher than Peers by 0.50

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
0.71
0.79
--
0.37
0.84
Peer Median
0.21
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

5.52

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
5.52
6.12
18.35
9.91
3.26
Peer Median
--
48.43
15.39
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

2,911

Lower than Peers by 138

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Refex
2,911
2,600
4,880
1,559
525
Peer Median
3,049
4,060
339
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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