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 Refex Industries Limited balance sheet independence to measure how much of total assets are equity-financed.

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. Check REFEX operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
People & Technology Inc KQ:137400	0.023x
DIAMOND BIOFUND INC TW:6901	-0.002x
Shanghai SK Petroleum & Chemical Equipment Corp Ltd SHE:002278	-0.008x
Fulgent Sun International Holding Co Ltd TW:9802	0.042x
Beijing Quanshi World Online Net SHE:002995	-0.109x
Wonik QnC Corporation KQ:074600	0.046x
Meridian Mining UK Societas TO:MNO	-0.105x
Tejon Ranch Co NYSE:TRC	0.021x

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 market cap.

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

$455.28 Million

Rs42.10 Billion INR

Market Cap Rank

#12576 Global

#635 in India

Share Price

Rs306.80

Change (1 day)

+1.32%

52-Week Range

Rs189.11 - Rs425.25

All Time High

Rs573.75