Fundamentals-based quality & risk · not a recommendation
Raw blend 69 capped to 40 by a red flag.
Raw blend 69 → capped to 40
Refex Industries Ltd scores 40/100 (Caution) on the Orion Score — moderate business quality (63), strong growth (82) and moderate balance-sheet safety (69). A fundamentals-based quality & risk score, not a buy/sell recommendation.
Risk checks
Forensic accounting
Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check
Technical / Momentum
Price Trend
52/100
Technical momentum companion — separate from the fundamentals-based Orion Score.
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Revenue & Profit in ₹ Crores
| Quarter | Revenue | Net Profit | OPM | EPS |
|---|---|---|---|---|
| Q4 2026 | ₹934.17 | ₹90.82 | 16.5% | ₹6.54 |
| Q3 2026 | ₹576.01 | ₹53.92 | 14.7% | ₹3.89 |
| Q1 2026 | ₹383.25 | ₹21.17 | 6.2% | ₹1.50 |
| Q4 2025 | ₹594.47 | ₹48.32 | 9.6% | ₹3.49 |
| Q3 2025 | ₹686.04 | ₹50.05 | 7.4% | ₹3.84 |
Revenue & Profit in ₹ Crores (Yearly)
| Year | Revenue | Net Profit | EBITDA | OPM |
|---|---|---|---|---|
| FY 2026 | ₹2,276.74 | ₹203.35 | ₹422.4 | 14.8% |
| FY 2025 | ₹2,259.43 | ₹158.78 | ₹278.73 | 8.7% |
| FY 2024 | ₹1,377.1 | ₹93.87 | ₹152.08 | 10.1% |
| FY 2023 | ₹1,617.9 | ₹116.06 | ₹172.52 | 10.4% |
Top companies in the same sector by market cap
| Company | Mkt Cap | P/E | ROCE | ROE | D/E | OPM |
|---|---|---|---|---|---|---|
| REFEX ★ | ₹4,544 Cr | 17.39 | 21.11% | 17.82% | 0.15x | 16.51% |
| AETHER | ₹19,918 Cr | 90.08 | 11.68% | 9.38% | 0.19x | 21.06% |
| ATUL | ₹18,360 Cr | 27.11 | 10.56% | 11.53% | 0.03x | 12.07% |
| CHAMBLFERT | ₹18,180 Cr | 9.31 | 19.66% | 20.45% | 0.10x | 5.92% |
| ANURAS | ₹14,436 Cr | 82.66 | 8.65% | 5.76% | 0.41x | 18.15% |
| ACI | ₹6,512 Cr | 60.98 | 6.58% | 5.55% | 0.24x | 6.94% |
All values in ₹ Crores
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total Assets | ₹1,799.19 | ₹797.98 | ₹752.3 | ₹380.93 |
| Equity | ₹1,212.79 | ₹465.58 | ₹314.39 | ₹183.96 |
| Total Debt | ₹286.06 | ₹214.56 | ₹149.42 | ₹85.1 |
| Cash | ₹281.49 | ₹0.46 | ₹10.18 | ₹0.93 |
| Net Debt | — | ₹116.7 | ₹71.65 | ₹14.14 |
| Working Capital | ₹985.16 | ₹308.19 | ₹194.26 | ₹77.62 |
Q1 FY2027
Quarter-over-Quarter Trend
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Q1 FY2027 | 56.84% ↑ | 0.25% ↓ | 0.21% ↑ | 42.7% ↑ |
| Q3 FY2026 | 55.8% ↑ | 2.03% ↑ | 0.16% ↑ | 42.01% ↓ |
| Q2 FY2026 | 53.33% | 1.71% ↓ | 0.15% ↓ | 44.81% ↑ |
| Q1 FY2026 | 53.33% ↓ | 1.86% ↓ | 0.16% ↑ | 44.65% ↑ |
| Q4 FY2025 | 53.37% ↓ | 2% ↑ | 0.11% ↑ | 44.51% ↓ |
| Q3 FY2025 | 53.49% ↓ | 1.76% ↑ | 0% | 44.75% ↑ |
| Q2 FY2025 | 57.12% ↑ | 1.53% ↑ | 0% | 41.35% ↓ |
| Q1 FY2025 | 55.28% | 0.2% | 0% | 44.51% |
No recent corporate actions
5 mutual fund schemes
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Refex Industries Ltd is listed on the NSE under the Chemicals sector, Industrial Gases industry. ISIN: INE056I01025. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.