Refex Renewables

What does Refex Renewables do?

Refex Renewables & Infrastructure Ltd, a micro-cap company established in 1994, focuses on the construction industry and reported net sales of 19 Cr and a net loss of 10 Cr for the quarter ending March 2026. The company, formerly known as SunEdison Infrastructure Limited, has a market cap of INR 138 Cr.

Overview: <BR>Refex Renewables & Infrastructure Ltd operates in the construction industry and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in August 1994 and was formerly known as SunEdison Infrastructure Limited. It underwent a name change to Refex Renewables & Infrastructure Limited, which was approved by shareholders and formalized with a fresh Certificate of Incorporation dated October 25, 2022. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 19 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -10 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 138 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 16.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 0.00% <BR>Price to Book: 0.00<BR><BR>Contact Details: <BR>Address: 11th floor Bascon Futura, 10/2 Venkatanaraya Road TNagar Chennai Tamil Nadu : 600017 <BR>Tel: 91-44-43405950 <BR>Email: www.refexrenewables.com <BR>Website: http://www.ykmindustries.com

Which are the latest news on Refex Renewables?

How big is Refex Renewables?

As of 10th June, Refex Renewables & Infrastructure Ltd has a market capitalization of 138.00 Cr and reported net sales of 66.47 Cr with a net loss of 42.83 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Refex Renewables & Infrastructure Ltd has a market capitalization of 138.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 66.47 Cr, while the sum of Net Profit for the same period reflects a loss of 42.83 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds stand at a loss of 45.08 Cr, and Total Assets are valued at 516.46 Cr.

When is the next results date for Refex Renewables & Infrastructure Ltd?

The next results date for Refex Renewables & Infrastructure Ltd is 21 May 2026.

The next results date for Refex Renewables & Infrastructure Ltd is scheduled for 21 May 2026.

How has been the historical performance of Refex Renewables?

Refex Renewables has experienced fluctuating financial performance, with net sales declining to 67.99 Cr in March 2025 from previous years, and significant losses increasing to -36.39 Cr in profit after tax. The company faces challenges with profitability, as indicated by rising liabilities and negative earnings per share.

Answer:<BR>The historical performance of Refex Renewables indicates a fluctuating trend in its financial metrics over the years, with significant losses in recent periods.<BR><BR>Breakdown:<BR>Refex Renewables reported net sales of 67.99 Cr for the year ending March 2025, a decline from 76.09 Cr in March 2024 and 76.64 Cr in March 2023, but an increase from 53.50 Cr in March 2022. The total operating income mirrored this trend, with a decrease to 67.99 Cr in March 2025 from 76.09 Cr in the previous year. The total expenditure, excluding depreciation, also decreased to 36.34 Cr in March 2025 from 43.20 Cr in March 2024, contributing to an operating profit (PBDIT) of 31.65 Cr, slightly down from 32.89 Cr. However, the company faced significant interest expenses of 43.18 Cr in March 2025, leading to a profit before tax of -22.69 Cr, which is an increase in losses compared to -8.32 Cr in March 2024. The profit after tax for March 2025 was -36.39 Cr, worsening from -34.42 Cr in March 2024. The total liabilities increased to 516.46 Cr in March 2025 from 508.99 Cr, while total assets also rose to 516.46 Cr from 508.99 Cr, indicating a challenging financial position. The cash flow from operating activities showed a positive trend at 27.00 Cr in March 2025, compared to 120.00 Cr in March 2024, while the net cash inflow was 4.00 Cr, up from 0.00 Cr in the previous year. Overall, the company has struggled with profitability, reflected in its negative earnings per share and declining reserves.

Why is Refex Renewables falling/rising?

As of 10-Jun, Refex Renewables & Infrastructure Ltd is seeing a price increase to Rs 990.00, with a total return of 23.9% over the last eight days. Despite strong performance relative to the Sensex, a decline in delivery volume suggests caution among investors.

As of 10-Jun, Refex Renewables & Infrastructure Ltd is experiencing a price increase, with the current price at Rs 990.00, reflecting a rise of Rs 10.05 or 1.03%. The stock has been on an upward trend, gaining for the last eight days and achieving a total return of 23.9% during this period. It has outperformed its sector by 0.82% today, and while it reached an intraday high of Rs 1000, it also saw a low of Rs 950. The stock is trading above its moving averages across various time frames, indicating strong momentum. However, there has been a decline in investor participation, with delivery volume falling by 15.42% compared to the five-day average, which could suggest some caution among investors.<BR><BR>In the broader market context, Refex Renewables has significantly outperformed the Sensex, with a one-week return of 19.21% compared to the benchmark's 2.05%, and a one-month return of 33.96% versus 3.70%. Year-to-date, the stock has returned 15.47%, while the Sensex has returned 5.44%. This strong performance relative to the benchmark highlights the stock's robust appeal despite the recent dip in delivery volume, which may indicate a need for careful monitoring of investor sentiment moving forward.

What is the technical trend for Refex Renewables?

As of May 12, 2025, Refex Renewables shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite some caution from the monthly MACD and mildly bearish daily moving averages.

As of 12 May 2025, the technical trend for Refex Renewables has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward momentum. The Dow Theory also reflects a mildly bullish stance on both weekly and monthly charts. However, the daily moving averages are mildly bearish, which could temper the bullish outlook in the short term. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.

Who are the top shareholders of the Refex Renewables?

The top shareholder of Refex Renewables is Sherisha Technologies Private Limited, holding 43.93% of the shares, while individual investors own 20.64%. Notably, there are no mutual funds or foreign institutional investors involved, and the highest public shareholder is Dugar Finance And Investments Limited with 1.32%.

The top shareholders of Refex Renewables include Sherisha Technologies Private Limited, which holds the highest stake at 43.93%. The company has a pledged promoter holding of 12.1161%. Additionally, individual investors collectively hold 20.64% of the shares. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company. The highest public shareholder is Dugar Finance And Investments Limited, with a stake of 1.32%.

Who are in the management team of Refex Renewables?

As of March 2022, the management team of Refex Renewables includes Kalpesh Kumar (Managing Director), Anil Jain (Director), Pillappan Amalanathan (Independent Director), and Vinay Aggarwal (Company Secretary & Compliance Officer). They are responsible for the company's governance and operational oversight.

As of March 2022, the management team of Refex Renewables includes the following individuals:<BR><BR>1. Kalpesh Kumar - Managing Director<BR>2. Anil Jain - Director<BR>3. Pillappan Amalanathan - Independent Director<BR>4. Vinay Aggarwal - Company Secretary & Compliance Officer<BR><BR>These members play key roles in the governance and operational oversight of the company.

Has Refex Renewables declared dividend?

No Dividend History Available

Who are the peers of the Refex Renewables?

Refex Renewables' peers include Larsen & Toubro, Rail Vikas, Altius Telecom, NBCC, and others, with varying management and growth risks. Refex Renewables leads with a 1-year return of 77.73%, significantly outperforming its peers.

Peers: The peers of Refex Renewables are Larsen & Toubro, Rail Vikas, Altius Telecom, NBCC, IRB Infra.Devl., Niraj Cement, Suyog Gurbaxani, Markolines Pavem, Chavda Infra Ltd, and Kay Cee.<BR><BR>Quality Snapshot: Excellent management risk is observed at NBCC, Suyog Gurbaxani, Markolines Pavem, Chavda Infra Ltd, and Kay Cee, while Good management risk is found at Larsen & Toubro and the rest. Average management risk is present at Rail Vikas and IRB Infra.Devl., while Below Average management risk is noted at Altius Telecom and Niraj Cement. In terms of Growth, Excellent growth is seen at Altius Telecom, Suyog Gurbaxani, Chavda Infra Ltd, and Kay Cee, while Good growth is found at NBCC and Niraj Cement, Average growth is noted at Larsen & Toubro, and Below Average growth is present at Rail Vikas and IRB Infra.Devl. For Capital Structure, Excellent capital structure is observed at NBCC and Niraj Cement, Good capital structure is found at Markolines Pavem and Kay Cee, while Below Average capital structure is noted at Altius Telecom and IRB Infra.Devl.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Refex Renewables at 77.73%, while the peer with the lowest is IRB Infra.Devl. at -29.88%. Refex Renewables' 1-year return significantly outperforms all peers. Additionally, the peers with negative six-month returns include IRB Infra.Devl., Suyog Gurbaxani, Markolines Pavem, and the rest.