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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
₹365.10 0.00 (0.00%)
As on 26-Oct'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
₹365.10 0.00 (0.00%)
As on 26-Oct'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹164 Cr.
Current Price
₹365.1
52-Week Low / High
₹209 / 730
TTM EPS
₹-85.2
TTM Sales
₹71.9 Cr.
Book Value per Share
₹-187.3
P/E Ratio
0.00
Industry PE
22.4
Price to Book (P/B)
-1.95
Higher than its 5-year historical median
Price to Sales (P/S)
2.29
Lower than its 5-year historical median
EV/EBITDA
17.18
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
3.23%
Underperforms industry median
Return on Assets (ROA)
-8.32%
Operating Profit Margin
40.6%
Net Profit Margin
-64.65%
Gross Profit Margin
-22.9%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-47.23%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-15.59%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
74.87%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-89 Cr.
Equity
₹4.5 Cr.
Face Value
₹10
All Time Low / High
₹5.55 / 1183.00
Check Before You Invest
Quality
Not GoodValuation
UndervaluedCheck Valuation charts
Price Trend
Weak
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?
Revenue growth of Refex Renewables & Infrastructure Ltd vs industry peers?
Refex Renewables & Infrastructure Ltd revenue CAGR is -1.56%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Promoter shareholding and pledge status of Refex Renewables & Infrastructure Ltd?
Promoters hold 74.87% of the Refex Renewables & Infrastructure Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Refex Renewables & Infrastructure Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 52% 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 endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
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'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -1.2% | -2.1% | 7.5% | -79.9% | -41.7% | -15.5% | -22.1% | -27.1% | -125.7% | -29.7% | - |
| Value Creation Index ⓘ | -1.1 | -1.2 | -0.5 | NA | NA | NA | NA | NA | NA | NA | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 0 | 0 | 57.5 | 49.9 | 65.1 | 84 | 35.3 | 20.6 | 18.8 | 9.9 | 8 |
| Sales YoY Gr. | - | NA | NA | -13.1% | 30.4% | 29% | -57.9% | -41.7% | -8.9% | -47.2% | - |
| Adj EPS ⓘ | -0.1 | -0.2 | 1.7 | -30.2 | -21.7 | -12.4 | -27.9 | -15.6 | -20.4 | -26.5 | -31 |
| YoY Gr. | - | NA | NA | -1889.4% | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 9.7 | 10.1 | 10.4 | -19.7 | -41 | -54.9 | -84.9 | -100.4 | -120.1 | -146.2 | -153.6 |
| Adj Net Profit ⓘ | -0.1 | -0.1 | 0.8 | -13.6 | -9.8 | -5.6 | -12.5 | -7 | -9.2 | -11.9 | -14 |
| Cash Flow from Ops. ⓘ | -0.1 | -0.1 | -9.7 | 19.6 | 7.6 | -17.8 | -56.6 | 18.6 | -6.5 | -9.4 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | -1.2 | 1.1 | 5.6 | -3.4 | -1.1 | 2.3 | -9.4 | -8.8 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | -31.4% | -34.6% | -47.2% | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | -235.2% | NA | NA | NA | ||||
| Share Price | 52% | 39.6% | -1.3% | -48% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -1.1 | -1.7 | 16.5 | 653.6 | 71.6 | 25.9 | 39.9 | 17.1 | 18.9 | 20.3 | 20.7 |
| Op. Profit Mgn % ⓘ | 0 | 0 | 1.2 | -24.1 | -26.2 | -10.4 | -31.6 | -18.4 | -33.2 | -67.7 | -86.2 |
| Net Profit Mgn % ⓘ | 0 | 0 | 1.3 | -27.2 | -15 | -6.6 | -35.4 | -34.1 | -49 | -120.4 | -176.1 |
| Debt to Equity ⓘ | 0 | 0 | 2.4 | -2.4 | -2.3 | -2.5 | -1.6 | -1 | -1.1 | -1.3 | - |
| Working Cap Days ⓘ | 0 | 0 | 37 | 293 | 423 | 332 | 550 | 389 | 214 | 906 | 654 |
| Cash Conv. Cycle ⓘ | 0 | 0 | 22 | 68 | 50 | -15 | 53 | 97 | -97 | -113 | -28 |
Valuation of Refex Renewbl&Infra - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 8.67 | 12.12 | 0.00 | 12.12 | 16.87 | 42.66 | 42.66 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 71 | 63 | 72 | 53 | 77 | 76 | 68 | 66 |
| Operating Expenses ⓘ + | 0 | 63 | 74 | 97 | 70 | 68 | 43 | 36 | 40 |
| Operating Profit ⓘ | -0 | 8 | -11 | -25 | -17 | 9 | 33 | 32 | 27 |
| Operating Profit Margin (%) | - | 11.3% | -18.2% | -35.0% | -31.0% | 11.1% | 43.4% | 46.9% | 40.5% |
| Other Income ⓘ + | 0 | 3 | 2 | 12 | 9 | 20 | 7 | 6 | 6 |
| Interest ⓘ | 0 | 0 | 6 | 14 | 20 | 35 | 42 | 43 | 48 |
| Depreciation ⓘ | 0 | 0 | 4 | 15 | 17 | 16 | 18 | 18 | 20 |
| Profit Before Tax ⓘ | -0 | 11 | -19 | -42 | -32 | -23 | -8 | -23 | -35 |
| Tax ⓘ | -0 | 3 | 2 | -15 | 4 | 8 | 26 | 14 | 8 |
| Profit After Tax | -0 | 8 | -22 | -27 | -37 | -30 | -34 | -36 | -43 |
| PAT Margin (%) | - | 10.9% | -34.5% | -37.2% | -69.0% | -39.3% | -45.2% | -53.5% | -64.7% |
| Adjusted EPS (₹) | -0.2 | 17.2 | -47.6 | -61.6 | -72.4 | -52.1 | -55.0 | -80.8 | -93.5 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 5 | 12 | 121 | 187 | 61 | 38 | 13 | -46 | -81 | ||
| Debt + | 0 | 24 | 109 | 147 | 326 | 467 | 403 | 456 | 468 | ||
| Minority Interest | 0 | 0 | -9 | -8 | 8 | 4 | -6 | -2 | -1 | ||
| Trade Payables | 0 | 28 | 37 | 27 | 107 | 17 | 10 | 8 | 7 | ||
| Others Liabilities ⓘ | -0 | 11 | 51 | 36 | 49 | 76 | 89 | 101 | 124 | ||
| Total Liabilities ⓘ | 4 | 74 | 308 | 388 | 551 | 602 | 509 | 516 | 517 | ||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 0 | 10 | 166 | 168 | 170 | 169 | 455 | 450 | 441 | ||
| CWIP ⓘ | 0 | 0 | 19 | 33 | 231 | 288 | 0 | 0 | 2 | ||
| Investments ⓘ | 0 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 11 | ||
| Inventories | 0 | 8 | 9 | 8 | 3 | 8 | 1 | 1 | 2 | ||
| Trade Receivables | 0 | 14 | 51 | 66 | 63 | 64 | 7 | 6 | 4 | ||
| Cash Equivalents | 4 | 9 | 5 | 22 | 12 | 10 | 9 | 13 | 6 | ||
| Others Assets ⓘ | 0 | 31 | 55 | 92 | 71 | 64 | 37 | 46 | 52 | ||
| Total Assets ⓘ | 4 | 74 | 308 | 388 | 551 | 602 | 509 | 516 | 517 | ||
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 0 | -1 | -14 | -46 | 84 | -55 | 120 | 27 | 16 |
| Cash Flow From Investing Activity ⓘ + | 0 | 2 | 5 | -62 | -159 | -73 | -14 | -40 | 2 |
| Cash Flow From Financing Activity ⓘ + | 0 | 3 | 4 | 119 | 74 | 125 | -107 | 18 | -24 |
| Net Cash Flow ⓘ | 0 | 5 | -4 | 10 | -0 | -3 | -1 | 5 | -6 |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -1.66 | 92.17 | -32.38 | -17.39 | -29.84 | -61.05 | -136.57 | N/A | N/A | |
| ROCE (%) | -2.14 | 55.63 | -10.18 | -9.73 | -3.53 | 2.78 | 7.08 | N/A | N/A | |
| Asset Turnover Ratio | 0 | 1.8 | 0.33 | 0.21 | 0.11 | 0.13 | 0.14 | 0.13 | 0.13 | |
| PAT to CFO Conversion(x) | N/A | -0.13 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| Working Capital Days | ||||||||||
| Receivable Days | 0 | 69.90 | 187.80 | 295.40 | 437.70 | 301.10 | 169.20 | 34.10 | 26.70 | |
| Inventory Days | 0 | 38.80 | 49.30 | 43.20 | 36.90 | 25.90 | 19.90 | 4.40 | 7.30 | |
| Payable Days | 0 | 197 | 280.30 | 944.50 | 4,591.40 | 0 | 1,965.10 | 2,571.10 | 716 | |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Annual reports
No annual reports available.
Concalls
No concalls available.
Refex Renewables & Infrastructure Ltd FAQs
The current trading price of Refex Renewbl&Infra on 26-Oct-2026 16:59 is ₹365.1.
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 25-Oct-2026 the market cap of Refex Renewbl&Infra stood at ₹164.4 Cr
The latest P/E ratio of Refex Renewbl&Infra as of 25-Oct-2026 is 0.00.
The latest P/B ratio of Refex Renewbl&Infra as of 25-Oct-2026 is -2.38.
The 52-week high of Refex Renewbl&Infra is ₹730.0 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 ₹7.91 ( 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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