Refex Industries Limited (REFEX) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.058x

Based on the latest financial reports, Refex Industries Limited (REFEX) has a cash flow conversion efficiency ratio of 0.058x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs738.52 Million ≈ $7.99 Million USD) by net assets (Rs12.76 Billion ≈ $138.02 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See operational self-sufficiency of Refex Industries Limited to measure how many days the company can operate on defensive assets alone.

Refex Industries Limited - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how Refex Industries Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Refex Industries Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Refex Industries Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Nanjing Wondux Environmental Protection Technology Corp Ltd SHG:688178	-0.035x
B+S GROUP SA INH EO-06 F:70B	N/A
Yorhe Fluid Intelligent Control Co Ltd SHE:002795	0.106x
Luxfer Holdings PLC NYSE:LXFR	-0.018x
Aduro Clean Technologies Inc. Common Stock NASDAQ:ADUR	-0.068x
ZheJiang Haers Vacuum Containers Co Ltd SHE:002615	0.076x
Daeduck Co. Ltd. KO:008060	0.008x
Keck Seng Malaysia Bhd KLSE:3476	0.000x

Annual Cash Flow Conversion Efficiency for Refex Industries Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of Refex Industries Limited from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see Refex Industries Limited stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs12.12 Billion ≈ $131.09 Million	Rs-2.65 Billion ≈ $-28.64 Million	-0.218x	-3661.07%
2024-03-31	Rs4.65 Billion ≈ $50.25 Million	Rs28.51 Million ≈ $308.29K	0.006x	-93.02%
2023-03-31	Rs3.14 Billion ≈ $34.00 Million	Rs276.15 Million ≈ $2.99 Million	0.088x	+195.33%
2022-03-31	Rs1.84 Billion ≈ $19.89 Million	Rs-169.50 Million ≈ $-1.83 Million	-0.092x	-110.43%
2021-03-31	Rs1.40 Billion ≈ $15.09 Million	Rs1.23 Billion ≈ $13.33 Million	0.884x	+463.65%
2020-03-31	Rs758.03 Million ≈ $8.20 Million	Rs118.84 Million ≈ $1.29 Million	0.157x	-84.84%
2019-03-31	Rs427.29 Million ≈ $4.62 Million	Rs441.86 Million ≈ $4.78 Million	1.034x	+455.98%
2018-03-31	Rs111.00 Million ≈ $1.20 Million	Rs-32.25 Million ≈ $-348.72K	-0.290x	-171.14%
2017-03-31	Rs101.63 Million ≈ $1.10 Million	Rs41.50 Million ≈ $448.79K	0.408x	+116.02%
2016-03-31	Rs97.07 Million ≈ $1.05 Million	Rs-247.44 Million ≈ $-2.68 Million	-2.549x	-561.50%
2015-03-31	Rs43.92 Million ≈ $474.93K	Rs24.26 Million ≈ $262.34K	0.552x	-91.42%
2014-03-31	Rs13.71 Million ≈ $148.30K	Rs88.28 Million ≈ $954.77K	6.438x	+110.62%
2013-03-31	Rs1.92 Million ≈ $20.74K	Rs-116.32 Million ≈ $-1.26 Million	-60.647x	-39075.78%
2012-03-31	Rs158.48 Million ≈ $1.71 Million	Rs24.66 Million ≈ $266.69K	0.156x	-26.54%
2011-03-31	Rs392.56 Million ≈ $4.25 Million	Rs83.16 Million ≈ $899.30K	0.212x	+267.29%
2009-03-31	Rs483.96 Million ≈ $5.23 Million	Rs-61.28 Million ≈ $-662.74K	-0.127x	-618.61%
2008-03-31	Rs463.71 Million ≈ $5.01 Million	Rs-8.17 Million ≈ $-88.37K	-0.018x	+92.86%
2007-03-31	Rs400.19 Million ≈ $4.33 Million	Rs-98.74 Million ≈ $-1.07 Million	-0.247x	-162.03%
2006-03-31	Rs24.34 Million ≈ $263.17K	Rs9.68 Million ≈ $104.69K	0.398x	-81.36%
2005-03-31	Rs2.06 Million ≈ $22.30K	Rs4.40 Million ≈ $47.58K	2.134x	--

About Refex Industries Limited

NSE:REFEX India Thermal Coal

Market Cap

$472.87 Million

Rs43.72 Billion INR

Market Cap Rank

#12694 Global

#622 in India

Share Price

Rs318.65

Change (1 day)

-1.22%

52-Week Range

Rs189.11 - Rs469.10

All Time High

Rs573.75