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Refex Renewables & Infrastructure Limited

Refex Renewables & Infrastructure Limited

BBSE:REFEXRENEW
361.50
INR
+3.55
(+0.99%)
-86.17EPS
1.39BMarket Cap
Refex Renewables & Infrastructure Limited
BSE:REFEXRENEW
(Bombay Stock Exchange)

Recent

price

361.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
- -
- -
- -
- -
- -
- -
- -
- -
157.5
139.45
160.14
119.15
170.7
169.47
151.36
147.8
160.67
Revenue per Share
-0.08
-0.22
0.01
-0.03
-0.06
-0.09
-0.11
-0.17
17.2
-47.59
-61.61
-72.35
-52.07
-55.03
-80.86
-93.47
-85.68
Basic EPS, GAAP
-0.02
-0.03
-0.05
-0.04
10.11
-0.13
-0.13
-0.19
-2.59
-74.03
-191.74
-331.79
-283.07
233.7
31.23
22.47
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.1
0.04
- -
- -
- -
Dividend per Share
10.73
10.52
10.52
10.49
10.43
10.34
10.23
10.06
27.25
269.49
415.53
135.87
83.76
30.25
-100.26
-178.08
- -
Book Value per Share
10.73
10.52
10.52
10.49
10.43
10.34
10.23
10.06
4.94
156.84
327.01
49.98
-0.8
-54.1
-186.54
-264.26
- -
Tangible Book Value per Share
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
707
626
719
535
766
761
680
665
719
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
12.81
-22.72
-38.58
-41.86
-5.85
20.62
20.32
11.19
13.79
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
43
149
171
161
176
181
196
199
Depreciation Expense
- -
-1
- -
- -
- -
- -
- -
-1
77
-214
-277
-325
-234
-247
-363
-420
-384
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
30.84
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
10.92
-34.13
-38.47
-60.72
-30.5
-32.47
-53.42
-63.24
-53.33
Profit Margin (%)
- -
- -
- -
- -
45
45
44
43
11
279
721
-516
-7
-418
-345
-611
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
49
843
1,327
2,822
4,174
3,537
4,000
4,164
- -
LT Debt
48
47
47
47
47
46
46
45
122
1,120
1,785
689
414
77
-469
-815
- -
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
33.9
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
38.09
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-0.7
-2.03
0.07
-0.26
-0.61
-0.89
-1.06
-1.65
92.17
-32.07
-17.99
-26.24
-47.42
-96.53
- -
- -
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
327
- -
LT Borrowings
- -
4,160
- -
LT Finance Leases
- -
4
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
1,377
944
1,388

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
265
- -
Cash, Cash Equivalents & STI
- -
97
- -
Accounts Receivable, Net
- -
39
- -
Inventories
- -
17
- -
Total Current Liabilities
- -
876
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
327
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.98%
-164.56%
73.63%
Free Cash Flow
396.99%
-47.76%
-27.96%
Net Income, GAAP
-1,061.91%
11.56%
15.73%
Sales/Revenue/Turnover
- -
0.81%
-2.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
180
140
159
201
680
2026
167
143
161
194
665
2027
222
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-18.94
-28.28
-22.67
-11.35
-80.86
2026
-16.78
-31.89
-24.58
-21.89
-93.47
2027
-6.99
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Refex Renewables & Infrastructure Limited Refex Renewables & Infrastructure Limited (REFEXRENEW.BO) operates as a renewable energy company in India, specializing in the development, engineering, procurement, construction, installation, commissioning, and maintenance of solar power systems; it functions as an independent power producer with a portfolio encompassing industrial and commercial rooftop solar installations, greenfield ground-mounted projects, solar solutions for land-owning farmers, solar water pumps, home and street lighting systems, small and medium enterprise solar projects, residential distributed energy systems, megawatt-scale utility projects, battery energy storage systems, and emerging technologies such as waste heat to power and compressed biogas production. The company serves diverse clients including Indian Railways, GUVNL, HCL, HSL, Lumax, and RSPL across more than 15 states in India, with over 25,000 installations completed at 8,000+ locations, 50+ microgrid projects, and a prominent 113 MW independent power producer portfolio in the commercial and industrial segment; notable achievements include pioneering solar PV plants for renewable traction power along railway tracks, commissioning India's highest-altitude 1 MWp solar project with 2 MWh battery storage for the Indian Army in Leh, Ladakh, and executing the first canal-top solar project on the Narmada River in Gujarat. Founded in 1994 and headquartered in Chennai, Tamil Nadu, the company, formerly known as SunEdison Infrastructure Limited, changed its name to Refex Renewables & Infrastructure Limited in October 2022 and has recently expanded through its wholly-owned subsidiary Refex Sustainability Solutions Ltd acquiring a 51.03% stake in Vyzag Bio-Energy Fuel in December 2024 to enter the compressed biogas segment with initial 3.5 tons per day capacity and plans for four additional plants reaching 1,150 tons per day input and 45 tons per day output by mid-2026; it incorporated LC Infra Solar LLP as a step-down subsidiary in December 2024 for a 150 MW solar project awarded by Maharashtra State Power Generation Co. Ltd. (MAHAGENCO), furthering its utility-scale ambitions amid India's 280 GW solar capacity target by 2030.