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Refex Renewables & Infrastructure Ltd (531260)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531260 NSE: Engineering - Construction | Small Cap | Refex Renewbl&Infra Share Price

₹308.75 0.00 (0.00%)

As on 01-Jun'26 16:59

Refex Renewables & Infrastructure Ltd (531260)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531260 NSE: Engineering - Construction | Small Cap | Refex Renewbl&Infra Share Price

₹308.75 0.00 (0.00%)

As on 01-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹139 Cr.
Current Price
₹308.8
52-Week Low / High
₹209 / 1,183
TTM EPS
₹-26.7
TTM Sales
₹9.9 Cr.
Book Value per Share
₹-146.7
P/E Ratio
0.00
Industry PE
29.9
Price to Book (P/B)
-2.10
Higher than its 5-year historical median
Price to Sales (P/S)
14.03
Higher than its 5-year historical median
EV/EBITDA
-59.20
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
-125.67%
Underperforms industry median
Return on Assets (ROA)
-44.25%
Operating Profit Margin
-33.2%
Net Profit Margin
-48.96%
Gross Profit Margin
-47.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-8.93%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
74.87%
Pledged shares (%) of Promoter's holding (%)
16.87%
Reserves
₹-70 Cr.
Equity
₹4.5 Cr.
Face Value
₹10
All Time Low / High
₹5.55 / 1183.00

Refex Renewables & Infrastructure stock performance

Key Ratios
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Check Before You Invest

Valuation

Undervalued

Price Trend

Weak
Q.1 Is Refex Renewables & Infrastructure Ltd a good quality company?
Refex Renewables & Infrastructure Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Refex Renewables & Infrastructure Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Refex Renewables & Infrastructure Ltd vs industry peers?
Refex Renewables & Infrastructure Ltd revenue CAGR is -17.78%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Refex Renewables & Infrastructure Ltd?
Promoters hold 74.87% of the Refex Renewables & Infrastructure Ltd, with 16.87% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Refex Renewables & Infrastructure Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 49.8% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Refex Renewables & Infrastructure Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -1.2%-1.2%-2.1%7.5%-79.9%-41.7%-15.5%-22.1%-27.1%-125.7%-
Value Creation
Index
-1.1-1.1-1.2-0.5NANANANANANA-

Growth Parameters

Sales 00057.549.965.18435.320.618.810
Sales YoY Gr.-NANANA-13.1%30.4%29%-57.9%-41.7%-8.9%-
Adj EPS -0.1-0.1-0.21.7-30.2-21.7-12.4-27.9-15.6-20.4-26.7
YoY Gr.-NANANA-1889.4%NANANANANA-
BVPS (₹) 9.89.710.110.4-19.7-41-54.9-84.9-100.4-120.1-146.7
Adj Net
Profit
-0-0.1-0.10.8-13.6-9.8-5.6-12.5-7-9.2-12
Cash Flow from Ops. -0.1-0.1-0.1-9.719.67.6-17.8-56.618.6-6.5-
Debt/CF from Ops. 000-1.21.15.6-3.4-1.12.3-9.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA-17.8%-39.3%-8.9%
Adj EPS NANANANA
BVPS-232.2%NANANA
Share Price 49.5% 37.6% -13.2% -66.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-0.9-1.1-1.716.5653.671.625.939.917.118.920
Op. Profit
Mgn %
0001.2-24.1-26.2-10.4-31.6-18.4-33.2-68.7
Net Profit
Mgn %
0001.3-27.2-15-6.6-35.4-34.1-49-121.3
Debt to
Equity
0002.4-2.4-2.3-2.5-1.6-1-1.1-
Working Cap
Days
00037293423332550389214654
Cash Conv.
Cycle
000226850-155397-98-28

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales00057506584352119
Operating Expenses + 00058628294482425
Manufacturing Costs0000101513914
Material Costs0005533426623109
Employee Cost 00005147999
Other Costs 000213107843
Operating Profit -0-0-0-0-12-17-10-13-4-6
Operating Profit Margin (%) ----0.5%-24.1%-26.2%-11.6%-35.9%-18.4%-33.2%
Other Income + 00011106612
Exceptional Items 0000000000
Interest 0000222745
Depreciation 0000000000
Profit Before Tax -0-0-01-14-10-6-13-7-9
Tax -0-0-000000-00
Profit After Tax -0-0-00-14-10-6-13-7-9
PAT Margin (%) ---0.3%-27.0%-15.0%-7.4%-37.9%-34.1%-49.0%
Adjusted EPS (₹)-0.1-0.1-0.20.4-30.1-21.7-13.9-29.8-15.6-20.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Refex Renewbl&Infra - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 5555-9-18-25-38-45-54
Share Capital 5544444444
Reserves -0-000-13-23-29-43-50-58
Debt +00011214261624361
Long Term Debt0005162620594159
Short Term Debt000751740222
Minority Interest0000000000
Trade Payables00001618141176
Others Liabilities -0-0-0150694791014
Total Liabilities 444187811198431527

Fixed Assets

Net Fixed Assets +0000221111
Gross Block0000222223
Accumulated Depreciation0000001112
CWIP 0000000000
Investments 000682625666
Inventories0002310500
Trade Receivables0006241942300
Cash Equivalents 4440011006
Others Assets 00044162668714
Total Assets 444187811198431527

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0-0-0-10208-18-5719-7
PBT -0-0-01-14-10-6-13-7-9
Adjustment 0000636644
Changes in Working Capital -0-00-112715-17-4921-1
Tax Paid 0000-1-0-100-0
Cash Flow From Investing Activity + 000-6-30-27160-0-6
Capex 000-0-2-0-0-0-0-0
Net Investments 0000000190-1
Others 000-6-28-271410-5
Cash Flow From Financing Activity + 00011102017-4-1818
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00000000-1818
Interest Paid 000-0-0-1-2-5-0-1
Dividend Paid 0000000000
Others 000111021181-0-0
Net Cash Flow -0-0-0-4010-106

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-0.94-1.13-1.693.39N/AN/AN/AN/AN/AN/A
ROCE (%)-1.2-1.24-2.127.48N/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0005.21.040.690.80.50.710.9
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days00036.30110.30123.1051.60142.60210.307.20
Inventory Days00010.8018.3011.50049.8042.900
Payable Days0001.1090.10145.2089.50204.20314.80253.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.008.6712.120.0012.1216.8716.87
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Refex Renewables & Infrastructure Ltd FAQs

The current trading price of Refex Renewbl&Infra on 01-Jun-2026 16:59 is ₹308.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-May-2026 the market cap of Refex Renewbl&Infra stood at ₹138.9 Cr

The latest P/E ratio of Refex Renewbl&Infra as of 31-May-2026 is 0.00.

The latest P/B ratio of Refex Renewbl&Infra as of 31-May-2026 is -2.10.

The 52-week high of Refex Renewbl&Infra is ₹1,183 and the 52-week low is ₹209.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Refex Renewbl&Infra is ₹9.90 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Refex Renewables & Infrastructure Ltd is a below average quality company.

The key valuation ratios of Refex Renewables & Infrastructure Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Refex Renewables & Infrastructure Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Refex Renewables & Infrastructure Ltd

Scanet Exports was incorporated on August 4, 1994 and went public on September 20, 1995. It was earlier known as Scanet Acqua Exports, it acquired its present name on November 1, 1996.

The company has been promoted by Y Krishna Reddy and Y Meera Reddy and other associates, with the object of setting up a scampy farm and hatchery and tiger shrimp hatchery. The promoters have experience in the field of aquaculture. The promoters were carrying merchandise exports of aqua products in the name of Coastal Sea Foods.

The company is located in the Nellore district of Andhra Pradesh, the scampy farm processed lobsters, snails, sting ray, crabs and other marine products. However, in the financial year 2007, the company sold its land in the MGR district of Tamil Nadu to settle dues with the bank, which has reduced the high interest cost burden and also written off accumulated losses.

The registered office of the company is located at No. 4, Jayalakshmipuram, 1st Street, Nungambakkam, Chennai 600034, Tamil Nadu.

Business area of the company

The company is engaged in the processing, sale and export of marine products.

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