What is Refex Renewables & Infrastructure Ltd. Quarterly Revenue?

Refex Renewables & Infrastructure Ltd. Quarterly Revenue Refex Renewables Jun-2026 Quarterly Revenue is Rs 3 Cr which is growth of -50.2% YoY.

What is Refex Renewables & Infrastructure Ltd. Quarterly Net Profit?

Refex Renewables & Infrastructure Ltd. Quarterly Net Profit Refex Renewables Jun-2026 Quarterly Net Profit is Rs -3 Cr which is growth of -132.0% YoY.

What is Refex Renewables & Infrastructure Ltd. Annual Revenue?

Refex Renewables & Infrastructure Ltd. Annual Revenue Refex Renewables Mar-2026 Annual Revenue is Rs 13 Cr which is growth of -36.9% YoY.

What is Refex Renewables & Infrastructure Ltd. Annual Net Profit?

Refex Renewables & Infrastructure Ltd. Annual Net Profit Refex Renewables Mar-2026 Annual Net Profit is Rs -12 Cr which is growth of -30.5% YoY.

What is Refex Renewables & Infrastructure Ltd. Total Shareholders Fund?

Refex Renewables & Infrastructure Ltd. Total Shareholders Fund Refex Renewables Mar-2026 Total Shareholders Fund is Rs -65 Cr which is growth of -22.2% YoY.

What is Refex Renewables & Infrastructure Ltd. Total Assets?

Refex Renewables & Infrastructure Ltd. Total Assets Refex Renewables Mar-2026 Total Assets is Rs 42 Cr which is growth of 56.7% YoY.

What is Refex Renewables & Infrastructure Ltd. Book Value Per Share?

Refex Renewables & Infrastructure Ltd. Book Value Per Share Refex Renewables Mar-2026 Book Value Per Share is -144 Rs which is growth of -22.1% YoY.

What is Refex Renewables & Infrastructure Ltd. ROE?

Refex Renewables & Infrastructure Ltd. ROE Refex Renewables Mar-2026 ROE is 0% which is growth of 0% YoY.

What is Refex Renewables & Infrastructure Ltd. Cash From Operating Activity?

Refex Renewables & Infrastructure Ltd. Cash From Operating Activity Refex Renewables Mar-2026 Cash From Operating Activity is Rs -9 Cr which is growth of -44.3% YoY.

What is Refex Renewables & Infrastructure Ltd. Net Cash Flow?

Refex Renewables & Infrastructure Ltd. Net Cash Flow Refex Renewables Mar-2026 Net Cash Flow is Rs -6 Cr which is growth of -200.3% YoY.

Refex Renewables & Infrastructure Ltd.

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Refex Renewables quarterly and annual financials: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Refex Renewables quarterly results: revenue, profit, and P&L – 13 quarter history

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NEGATIVE
Quarterly Revenue Refex Renewables Jun-2026 Quarterly Revenue is Rs 3 Cr which is growth of -50.2% YoY.
NEGATIVE
Quarterly Net Profit Refex Renewables Jun-2026 Quarterly Net Profit is Rs -3 Cr which is growth of -132.0% YoY.

Refex Renewables & Infrastructure Ltd., Quarterly, standalone, All financials are in INR Cr and price data in INR
Indicator	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23	Jun '23
TOTAL_SR_Q Total Rev. ⌄	2.7	2.8	2.5	2.2	5.4	3.7	6.7	3.7	6.5	2.5	3.7	6.2	9.2
SR_Q Operating Rev.	2	2.1	1.9	1.9	4	2	6.7	3.7	6.4	2	3.7	5.9	9
OI_Q Other Income	0.7	0.7	0.6	0.3	1.4	1.7		0	0	0.5	0.1	0.2	0.2
OEXPNS_Q Operating Exp.	3.3	3.2	4.1	4.2	5.3	4.4	8.5	5.1	6.9	4.1	4.2	7	9.2
OEXPNS_Q Operating Exp.	3.3	3.2	4.1	4.2	5.3	4.4	8.5	5.1	6.9	4.1	4.2	7	9.2
OP_Q Operating Profit	-1.3	-1.1	-2.2	-2.3	-1.3	-2.5	-1.8	-1.5	-0.5	-2.1	-0.5	-1	-0.2
OPMPCT_Q Operating Profit Margin %	-64.18%	-50.00%	-115.26%	-121.28%	-31.75%	-126.53%	-27.31%	-40.27%	-6.99%	-106.09%	-14.44%	-17.20%	-1.66%
DEP_Q Depr.	0.1	0.1	0.1	0.1	0.1	0.1	0	0.1	0.1	0.1	0.1	0.1	0.1
INT_Q Interest	2.7	2.4	2.3	1.7	1.6	1.3	1.1	1.1	1	1	1	1	1.1
PBT_Q Profit Before Tax	-3.4	-2.9	-4	-3.7	-1.5	-2.2	-3	-2.5	-1.5	-2.6	-1.5	-1.9	-1.1
TAX_Q Tax					-0	0				-0.1
NP_Q Net Profit	-3.4	-2.9	-4	-3.7	-1.5	-2.2	-3	-2.5	-1.5	-2.5	-1.5	-1.9	-1.1
EPS_adj_Q EPS Adj. latest	-7.6	-6.4	-8.8	-8.3	-3.3	-4.9	-6.6	-5.7	-3.3	-5.6	-3.3	-4.2	-2.5
NP_TTM Net profit TTM	-13.9	-12	-11.3	-10.3	-9.2	-9.2	-9.5	-8	-7.4	-7	-12.7	-13	-12.7
EPS_TTM Basic EPS TTM	-31	-26.7	-25.2	-23	-20.4	-20.4	-21.2	-17.9	-16.5	-15.7	-28.2	-28.9	-28.3
results_pdf Results PDF
result_notes Result Notes	Notes	Notes	Notes	Notes	Notes		Notes	Notes			Notes	Notes	Notes

*All financials are in INR Cr and price data in INR

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Refex Renewables competitor comparison and performance snapshot within industry

Refex Renewables revenue mix: sales, profit, and capital employed breakups by segment

Refex Renewables annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history

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NEGATIVE
Annual Revenue Refex Renewables Mar-2026 Annual Revenue is Rs 13 Cr which is growth of -36.9% YoY.
NEGATIVE
Annual Net Profit Refex Renewables Mar-2026 Annual Net Profit is Rs -12 Cr which is growth of -30.5% YoY.

Refex Renewables & Infrastructure Ltd., Annual, standalone, All financials are in INR Cr and price data in INR
Indicator	CAGR 3 Yrs	CAGR 5 Yrs	TTM	Mar '26	Mar '25	Mar '24	Mar '23	Mar '22	Mar '21	Mar '20	Mar '19	Mar '18	Mar '17	Mar '16
SR_A Total Rev. Ann. ⌄	-32.2%	-29.5%	10.2	13	20.5	21.6	41.8	89.5	74.9	50.7	58.5
TotalOperatingRevenues_A Operating Rev. Ann.	-34.5%	-31.4%	7.9	9.9	18.8	20.6	35.3	84	65.1	49.9	57.5
OI_A Other Income Ann.	-21.9%	-20.6%	2.3	3.1	1.8	1	6.5	5.5	9.8	0.8	1.1
OEXPNS_A Operating Exp. Ann.	-29.7%	-27.3%	14.7	16.7	25	24.4	48	93.7	82.2	62	57.8	0.1	0.1	0.1
OEXPNS_A Operating Exp. Ann.	-29.7%	-27.3%	14.7	16.7	25	24.4	48	93.7	82.2	62	57.8	0.1	0.1	0.1
OP_A Operating Profit Ann.	-	-	-6.8	-6.8	-6.2	-3.8	-12.7	-9.8	-17.1	-12.1	-0.3	-0.1	-0.1	-0.1
OPMPCT_A OPM Ann. %	-	-		-52.50%	-30.34%	-17.53%	-30.34%	-10.92%	-22.77%	-23.77%	-0.56%	-	-	-
TotalExpenses_A Total Exp. Ann. ⌄	-23.2%	-21.7%		25	29.7	28.7	55.2	95.7	84.7	64.2	57.9	0.1	0.1	0.1
OtherExpenses_A Other Exp. Ann.	-26.6%	-21%	3.1	3.2	3.3	3.8	8.1	7.5	10.4	13.5	1.9	0.1	0.1	0.1
EmployeeBenefitExpenses_A Employee Exp. Ann.	0%	-9.7%	8.6	8.6	8.9	8.7	8.6	7.2	14.3	5.2	0	0
CostOfPowerPurchased_A Cost Of Power Purchased Ann.	-	-
CostOfFuel_A Cost Of Fuel Ann.	-	-
EBIDT_A EBITDA Ann.	-	-		-3.8	-4.5	-2.8	-6.2	-4.3	-7.2	-11.3	0.7	-0.1	-0.1	-0.1
EBIDTPCT_A EBITDA Ann. margin %	-	-		-28.95%	-21.73%	-12.85%	-14.89%	-4.75%	-9.67%	-22.23%	1.25%	-	-	-
INT_A Interest Ann.	5.6%	30.7%	9.1	8	4.5	4.1	6.8	1.6	2.1	2.1	0.1
DEP_A Depr.	-9.1%	-5.6%	0.3	0.3	0.2	0.3	0.4	0.4	0.4	0.1	0
PBT_A PBT Ann.	-	-	-13.9	-12	-9.2	-7.1	-13.4	-6.2	-9.8	-13.5	0.7	-0.1	-0.1	-0.1
TAX_A Tax Ann.	-	-		-0	0	-0.1					0.5	-0	-0	-0
PAT_A PAT Before ExtraOrdinary Items Ann. ⌄	-	-		-12	-9.2	-7	-13.4	-6.2	-9.8	-13.5	0.2	-0.1	-0.1	-0
IncomeMinorityInterest_A Minority Interest Income Ann.	-	-		-	-	-	-	-	-	-	-	-	-	-
NP_A Net Profit Ann.	-	-	-13.9	-12	-9.2	-7	-13.4	-6.2	-9.8	-13.5	0.2	-0.1	-0.1	-0
NETPCT_A NPM Ann. %	-	-		-121.06%	-48.96%	-34.08%	-37.91%	-7.40%	-14.98%	-27.03%	0.27%
EPS_adj_A EPS Adj. latest Ann.	-	-		-26.7	-20.4	-15.6	-29.8	-13.8	-21.7	-30	0.4	-0.2	-0.1	-0.1
result_notes Result Notes				Notes			Notes	Notes		Notes	Notes	Notes	Notes
Annual_Reports Annual Reports

*All financials are in INR Cr and price data in INR

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Total Rev. Ann.

1Y CHG

-36.6%

2Y CAGR

-22.4%

3Y CAGR

-32.2%

5Y CAGR

-29.5%

7Y CAGR

-19.3%

Total Revenue Annual is falling faster than historical averages.

Operating Exp. Ann.

1Y CHG

-33.2%

2Y CAGR

-17.3%

3Y CAGR

-29.7%

5Y CAGR

-27.3%

7Y CAGR

-16.3%

10Y CAGR

66.8%

Operating Expenses Annual Cr is falling faster than historical averages.

Refex Renewables balance sheet as of Mar 2026: assets, liabilities, reserves, and borrowings – 11 year history

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NEGATIVE
Total Shareholders Fund Refex Renewables Mar-2026 Total Shareholders Fund is Rs -65 Cr which is growth of -22.2% YoY.
POSITIVE
Total Assets Refex Renewables Mar-2026 Total Assets is Rs 42 Cr which is growth of 56.7% YoY.

Refex Renewables & Infrastructure Ltd., Balance Sheet, standalone, All financials are in INR Cr and price data in INR
Indicator	CAGR 3 Yrs	CAGR 5 Yrs	Mar '26	Mar '25	Mar '24	Mar '23	Mar '22	Mar '21	Mar '20	Mar '19	Mar '18	Mar '17	Mar '16
TotalShareHoldersFunds_A Total ShareHolders Funds Ann. ⌄	-	-	-64.7	-52.9	-44.4	-38.1	-24.6	-18.4	-8.8	4.7	4.5	4.6	4.6
EQCAP_A Equity Share Capital Ann.	0%	0%	4.5	4.5	4.5	4.5	4.5	4.5	4.5	4.5	4.7	4.7	4.7
TotalShareCapital_A Total Share Capital Ann.	0%	0%	4.5	4.5	4.5	4.5	4.5	4.5	4.5	4.5	4.7	4.7	4.7
ReservesAndSurplus_A Reserves Plus Surplus Ann.	-	-	-69.2	-57.4	-48.8	-42.5	-29.1	-22.9	-13.3	0.2	-0.2	-0.2	-0.1
TotalReservesAndSurplus_A Total Reserves Plus Surplus Ann.	-	-	-69.2	-57.4	-48.8	-42.5	-29.1	-22.9	-13.3	0.2	-0.2	-0.2	-0.1
LiabilityMinorityInterest_A Minority Interest Liability Ann.	-	-	-	-	-	-	-	-	-	-	-	-	-
TotalNonCurrentLiabilities_A Total Non Current Liabilities Ann. ⌄	7.8%	19.2%	76.2	60.1	41.7	60.8	24	31.7	24.3	6
DeferredTaxLiabilities_A Deferred Tax Liabilities Ann.	-	-	0	0
OtherLongTermLiabilities_A Other LongTerm Liabilities Ann.	-	-			0	0.3	1	2.1	2.2	0.5
CL_A Total Current Liabilities Ann. ⌄	14%	-20.9%	30.4	19.6	17.4	20.5	98.5	97.9	62.3	7.1	0
TradePayables_A Trade Payables Ann.	-25.5%	-24.1%	4.5	5.6	7.1	10.9	14.4	17.9	15.9	0.3
OtherCurrentLiabilities_A Other Current Liabilities Ann.	34.7%	-22.2%	18.1	12	8.1	7.4	43.6	63.4	41.6	0.2	0
ShortTermProvisions_A ST Provisions Ann.	-	-	0.2	0.1	0	0	0
TL_A Total Capital Plus Liabilities Ann.	-1%	-17.7%	41.9	26.8	14.7	43.2	97.8	111.2	77.8	17.7	4.5	4.6	4.7
FixedAssets_A Fixed Assets Ann. ⌄	-10.1%	-12.9%	0.8	0.8	0.9	1.1	1.4	1.6	1.8	0
TangibleAssets_A Tangible Assets Ann.	-5.9%	-11.1%	0.5	0.5	0.5	0.6	0.8	0.9	1.1	0
IntangibleAssets_A Intangible Assets Ann.	-15.7%	-15.6%	0.3	0.3	0.4	0.5	0.6	0.7	0.7
CapitalWorkInProgress_A Capital Work In Progress Ann.	-	-
TotalNonCurrentAssets_A Total Non Current Assets Ann. ⌄	-10.9%	-26.1%	6.8	7.5	7.1	9.6	29.8	30.9	14	5.9	0.2	0.2	0.2
NonCurrentInvestments_A Non Current Investments Ann.	0.6%	-25.5%	6	6.1	5.9	5.9	25.2	26.1	7.6	5.9	0	0	0
DeferredTaxAssets_A Deferred Tax Assets Ann.	-	-									0.2	0.2	0.2
LongTermLoansAndAdvances_A LT Loans Plus Advances Ann.	-	-
OtherNonCurrentAssets_A Other Non Current Assets Ann.	-46.7%	-35.8%		0.5	0.3	2.6	3.3	3.2	4.6
CA_A Total Current Assets Ann. ⌄	1.5%	-15.3%	35.1	19.3	7.6	33.6	68	80.3	63.9	11.8	4.3	4.4	4.5
CurrentInvestments_A Current Investments Ann.	-	-
TradeReceivables_A Trade Receivables Ann.	-68.9%	-48.6%	0.7	0.3	0.4	23.3	4.3	19.5	24.5	5.7
CashAndCashEquivalents_A Cash Plus Cash Equivalents Ann.	0%	-36.9%	0.1	5.7	0.1	0.1	1	1	0.1	0.1	4.3	4.4	4.5
ShortTermLoansAndAdvances_A ST Loans Plus Advances Ann.	-	-9.2%	21.5	5.1			34.5	34.9	26.1	0
OtherCurrentAssets_A Other Current Assets Ann.	34.5%	-11.8%	12.9	8.2	7.1	5.3	28.3	24.2	9.9	4.3
TA_A Total Assets Ann.	-1%	-17.7%	41.9	26.8	14.7	43.2	97.8	111.2	77.8	17.7	4.5	4.6	4.7
ContingentLiabilities_A Contingent Liabilities plus Commitments Ann.	-4.1%	-	4.5			5.1	6.9
BonusEquityShareCapital_A Bonus Equity Share Capital Ann.	-	-
NonCurrentInvestmentsUnquotedBookValue_A Non Current Investments Unquoted Book Value Ann.	0.6%	-25.5%	6	6.1	5.9	5.9	25.2	26.1	7.6	5.9
CurrentInvestmentsUnquotedBookValue_A Current Investments Unquoted Book Value Ann.	-	-

*All financials are in INR Cr and price data in INR

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Total Assets Ann.

1Y CHG

56.3%

2Y CAGR

68.8%

3Y CAGR

-1%

5Y CAGR

-17.7%

7Y CAGR

13.1%

10Y CAGR

24.5%

Total Assets Annual growth is higher than historical averages.

Total Current Liabilities Ann.

1Y CHG

55.1%

2Y CAGR

32.2%

3Y CAGR

14%

5Y CAGR

-20.9%

7Y CAGR

23.1%

Total Current Liabilities Annual Cr growth is higher than historical averages.

Refex Renewables ROE, ROCE, book value, and debt-to-equity ratio as of Mar 2026 – 11 year history

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NEGATIVE
Book Value Per Share Refex Renewables Mar-2026 Book Value Per Share is -144 Rs which is growth of -22.1% YoY.
NEUTRAL
ROE Refex Renewables Mar-2026 ROE is 0% which is growth of 0% YoY.

Refex Renewables & Infrastructure Ltd., Ratios, standalone, All financials are in INR Cr and price data in INR
Indicator	CAGR 3 Yrs	CAGR 5 Yrs	Mar '26	Mar '25	Mar '24	Mar '23	Mar '22	Mar '21	Mar '20	Mar '19	Mar '18	Mar '17	Mar '16
BVSH_A BVSH Ann.	-	-	-143.8	-117.7	-98.8	-84.7	-54.9	-41	-19.7	10.4	9.5	9.7	9.8
ROA_A RoA Ann. %	-	-	-28.58%	-34.31%	-47.63%	-31.03%	-6.35%	-8.77%	-17.34%	0.87%	-1.65%	-1.06%	-0.89%
ROE_A ROE Ann. %	-	-								3.33%	-1.65%	-1.07%	-0.89%
ROCE_A ROCE Ann. %	-	-	-34.87%	-65.16%	116.25%	-29.09%	716.42%	-57.42%	-73.49%	6.74%	-2.14%	-1.24%	-1.20%
ProfitabilityHeader Profitability Ratio ⌄
PBDITMargin_A EBITDA Ann. Margin %	-	-	-37.86%	-23.77%	-13.48%	-17.61%	-5.06%	-11.12%	-22.57%	1.26%
PBITMargin_A EBIT Ann. Margin %	-	-	-40.68%	-24.77%	-14.77%	-18.69%	-5.56%	-11.73%	-22.82%	1.24%
PBTMargin_A PBT Ann. Margin %	-	-	-121.22%	-48.77%	-34.58%	-37.91%	-7.40%	-14.98%	-27.03%	1.13%
NETPCT_A NPM Ann. %	-	-	-121.06%	-48.96%	-34.08%	-37.91%	-7.40%	-14.98%	-27.03%	0.27%
ASETTO_A Asset Turnover Ann. %	-15.7%	-15.6%	0.3	0.9	0.7	0.5	0.8	0.7	1	5.2	-	-	-
LiquidityHeader Liquidity Ratio ⌄
CRATIO_A Current Ratio Ann.	-9.1%	8.4%	1.2	1	0.4	1.6	0.7	0.8	1	1.7	309	1,003.7	953.5
QuickRatio_A Quick Ratio Ann.	-5%	8.4%	1.2	1	0.4	1.4	0.7	0.8	1	1.4	309	1,003.7	953.5
DividendPayoutNP_A Dividend Payout to NP Ann.	-	-
EarningRetention_A Earning Retention Ann. %	-	-
CashEarningRetention_A Cash Earning Retention Ann. %	-	-
CashEarningRetention_A Cash Earning Retention Ann. %	-	-
ValuationHeader Valuation Ratio ⌄
EnterpriseValue_A EnterpriseValue Ann.	-7.9%	23.8%	177.6	328.5	243.8	227.5	202.6	61.1	24.9	13.8	-1.7	-1.8	-1.9
EVPerNetSales_A EV Per Net Sales Ann.	40.9%	81.9%	17.9	17.5	11.8	6.4	2.4	0.9	0.5	0.2
PBV_A Price To Book Value Adjusted	-	-	-2.46	-3.31	-3.59	-4.18	-6.46	-8.64	-18.03	34.06	37.23	36.62	36.23
EVPerEBITDA_A EV Per EBITDA Ann.	-	-	-47.4	-73.7	-87.7	-36.6	-47.7	-8.4	-2.2	18.9	17.7	31.4	33.1
MarketCapPerSales_A Market Cap Per Sales Ann.	26.4%	99.6%	9.5	14.5	9.7	4.7	1.7	0.3	0.1	0.1
RetentionRatios_A Retention Ratio Ann. %	-	-
EYield_A Earnings Yield Ann.	-	-	-0.1	-0	-0	-0.1	-0	-0.5	-3.7	0.1	-0	-0	-0
DEBT_CE_A Total Debt to Total Equity Ann.	-	-	-1.3	-1.2	-1	-1.6	-2.5	-2.3	-2.4	2.4

*All financials are in INR Cr and price data in INR

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Current Ratio Ann.

1Y CHG

20%

2Y CAGR

73.2%

3Y CAGR

-9.1%

5Y CAGR

8.4%

7Y CAGR

-4.9%

10Y CAGR

-48.7%

Current Ratio Annual growth is higher than historical averages.

Refex Renewables cash flow: net, operating, investing, and financing flows as of Mar 2026 – 11 year history

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NEGATIVE
Cash From Operating Activity Refex Renewables Mar-2026 Cash From Operating Activity is Rs -9 Cr which is growth of -44.3% YoY.
NEGATIVE
Net Cash Flow Refex Renewables Mar-2026 Net Cash Flow is Rs -6 Cr which is growth of -200.3% YoY.

Refex Renewables & Infrastructure Ltd., Cash Flow, standalone, All financials are in INR Cr and price data in INR
Indicator	CAGR 3 Yrs	CAGR 5 Yrs	Mar '26	Mar '25	Mar '24	Mar '23	Mar '22	Mar '21	Mar '20	Mar '19	Mar '18	Mar '17	Mar '16
CFO_A Cash from Operating Act. Ann. ⌄	-	-	-9.4	-6.5	18.6	-56.6	-17.8	7.6	19.6	-9.7	-0.1	-0.1	-0.1
PBT_A PBT Ann.	-	-	-12	-9.2	-7.1	-13.4	-6.2	-9.8	-13.5	0.7	-0.1	-0.1	-0.1
INT_A Interest Ann.	5.6%	30.7%	8	4.5	4.1	6.8	1.6	2.1	2.1	0.1
TAX_A Tax Ann.	-	-	-0	0	-0.1					0.5	-0	-0	-0
CFI_A Cash from Investing Act. Ann.	-	-	-16.7	-5.9	-0.1	60	1	-27.1	-29.5	-5.9
CFA_A Cash from Financing Act. Ann.	-	0.2%	20.6	18	-18.5	-4.3	16.9	20.4	9.9	11.3
NCF_A Net Cash Flow Ann. ⌄	-	-	-5.6	5.6	0	-0.9	0	0.9		-4.3	-0.1	-0.1	-0.1
CashAndCashEquivalentBeginOfYear_A Cash Plus Cash Eqv. Begin Of Year Ann.	78.6%	124.5%	5.7	0.1	0.1	1	1	0.1	0.1	4.3	4.4	4.5	4.5
CashAndCashEquivalentEndOfYear_A Cash Plus Cash Eqv. End Of Year Ann.	0%	-36.9%	0.1	5.7	0.1	0.1	1	1	0.1	0.1	4.3	4.4	4.5

*All financials are in INR Cr and price data in INR

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Cash from Financing Act. Ann.

1Y CHG

14.4%

5Y CAGR

0.2%

7Y CAGR

Cash from Financing Annual Activity growth is stable compared to historical averages.

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55.58% Fall from 52W High

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