229.63
+1.49%
Close of 9 Nov 2026, in INR
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About Refex Industries
Its shares trade on NSE under the ticker REFEX.NS. It has been listed since 26 August 2007. In the fiscal year to 31 March 2026, it reported revenue of ₹22.77bn and net income of ₹2.03bn. At that date it held total assets of ₹28.43bn and shareholders' equity of ₹15.04bn.
Refex Industries Ltd. engages in the distribution of refrigerant gases. The company is headquartered in Chennai, Tamil Nadu. The company went IPO on 2007-08-26. The firm offers a range of non-ozone depleting refrigerant gases known as Hydrofluorocarbons (HFC), which are used in air conditioners, refrigerators and refrigerating equipment. The company is engaged in supplying automotive air conditioning gases in disposable cans. Its segments include Coals trading and Ash Handling business; Solar Power - Generation and Related Activities; Refrigerant gases - manufacturing (refilling); sale of services; power trading, and other segments. Its refrigerant gases are primarily used as refrigerants, blowing agents and aerosol propellants. The company offers a full range of HFC products, which include R134a, R404a, R407c, R410a, R141b, R22, and R32. The firm is engaged in handling and disposal of fly ash; round the clock services for coal yard management and crushing of uncrushed coal, and coal trading to power plants located in Chhattisgarh and Maharashtra.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Trading Companies & Distributors
- Listed since
- 26 Aug 2007
- Employees
- 198
- Website
- refex.co.in ↗
Leadership
Pay as last reported
- Mr. Anil JainChairman of the Board, Managing Director, since 2023₹8.4m
- Ms. G. DivyaCompliance Officer, Company Secretary
- Mr. Dinesh AgarwalChief Financial Officer, Whole-time Director, since 2016
- Ms. Susmitha SiripurapuAdditional Non-Executive Director
- Mr. Ramesh DugarNon-Executive Independent Director₹110,000
- Mr. Sivaramakrishnan VasudevanNon-Executive Independent Director
- Ms. Latha VenkateshAdditional Non-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Refex Industries Ltd. distributes HFC refrigerant gases including R134a and R404a for air conditioning systems.
- The company supplies automotive air conditioning gases in disposable cans across India.
- Refex Industries Ltd. handles fly ash disposal and coal yard management services for power plants in Chhattisgarh and Maharashtra.
Weaknesses
- Refex Industries Ltd. has only 198 employees, which may limit operational capacity.
- The company's business is concentrated in Chennai, Tamil Nadu, creating geographical dependency.
- Refex Industries Ltd. relies on a single industry segment for refrigerant gases without diversification.
Opportunities
- Refex Industries Ltd. can expand its HFC product range to include newer refrigerant gases like R32.
- The growing demand for air conditioners in India presents an opportunity for refrigerant gas sales.
- Refex Industries Ltd. can leverage solar power generation activities to enter new markets.
Threats
- Refex Industries Ltd. faces regulatory risks from ozone-depleting substance regulations affecting refrigerant gases.
- The company is vulnerable to fluctuations in coal trading prices impacting its Coals trading segment.
- Refex Industries Ltd. must adapt to environmental regulations on HFC gases which may increase operational costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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