Refex Industries reports 36% revenue growth in Q2 FY27
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NSE: REFEX · Utilities
Refex Industries Ltd.
₹218.18▲ ₹6.13 (+2.89%)
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⚡ Intelligence Signals
5 active
🟢 Bullish Earnings Catalyst
📊 RS Laggard (5D)
🔄 Sector Sweep
⚡ Signals Aligned
📉 Pullback
NiveshIQ has detected 5 active signals on REFEX. Sign up free to see what each signal means and how it affects the stock.
Unlock signals — freeExpected Move
1D / 1W / 1M range derived from news, fundamentals & technicals
1 Day
±1.8%
1 Week
±4.2%
1 Month
±9.6%
Confidence Score
Based on historical directional & magnitude accuracy for this stock
74
/ 100
About Refex Industries Ltd.
Refex Industries Limited (REFEX) operates primarily in the energy sector, focusing on fly ash handling and disposal, solar power generation, coal trading, and coal yard management services. The company also trades solar modules and provides electric vehicle transport services, diversifying its revenue streams across renewable and traditional energy segments. In Q2 FY27, Refex reported a 36% year‑on‑year revenue growth, bringing total revenue to ₹3,188 crore, while net income reached ₹298 crore, reflecting strong operational performance. The firm is targeting a 90,000‑ton ash run rate and aims for a 5‑6% wind net margin, indicating a strategic push into higher‑margin renewable projects. Competitively, Refex leverages its integrated waste management and renewable generation capabilities to d
Financial Highlights
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹1,383 Cr -15.12% | ₹2,468 Cr +78.45% | ₹2,277 Cr -7.74% |
| EBITDA Margin | 10.57% | 8.50% | 15.69% |
| Net Profit | ₹93.87 Cr -19.12% | ₹158.78 Cr +69.15% | ₹203.35 Cr +28.07% |
| EPS | ₹8.40 | ₹12.93 | ₹15.28 |
Annual figures in Indian Rupees (Crores). Source: company filings (NSE).
Recent News
Refex Industries Files Q2 FY27 Earnings Call Transcript
Refex Industries REFEX Q2 FY27 Earnings Call Key Highlights
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- Q2FY27 results: revenue ₹761 Cr, PAT ₹51 Cr, EPS ₹3.69, EBITDA margin 13.4%. Growth context: revenue YoY +78.4%, PAT YoY +35.4%, revenue QoQ -16.9%, PAT QoQ -20.5%.
Management highlights tariff recovery, commissioning, and disciplined cash generation as the primary near‑term growth le...
FY26 (last completed FY): revenue ₹2, 277 Cr, PAT ₹203 Cr, EBITDA margin 15.7%, EPS ₹15.28. Year-on-year: revenue YoY -7...
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Frequently Asked Questions
What AI signals does NiveshIQ provide for Refex Industries Ltd.?
NiveshIQ detects active intelligence signals for Refex Industries Ltd. (REFEX) — including earnings catalysts, relative strength patterns, sector sweeps, and pullback setups. It also shows an Expected Move (1D/1W/1M range based on news, fundamentals and technicals) and a Confidence Score based on historical directional and magnitude accuracy. These are exclusive to NiveshIQ.
What are the key financials for Refex Industries Ltd.?
Refex Industries Ltd. operates in the Utilities sector with a market capitalisation of ₹359,874.0L Cr. Revenue, net profit, EPS and EBITDA margins across the last three annual periods are shown above, sourced from BSE filings.
Does NiveshIQ provide investment advice?
No. NiveshIQ provides educational market intelligence and research context, not investment advice or buy/sell recommendations.