Refex Industries Limited (REFEX) — Cash Flow Quality Index
Refex Industries Limited (REFEX) has a Cash Flow Quality Index of 1.26x as of September 2025. Operating cash flow of Rs738.52 Million exceeds net income of Rs586.13 Million, indicating high earnings quality where cash backs reported profits. Explore REFEX strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Refex Industries Limited Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Refex Industries Limited across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check REFEX tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Refex Industries Limited (2005–2025)
Year-by-year earnings quality comparison for Refex Industries Limited. For live market cap and the full company financial profile, see REFEX market cap overview.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -1.32x | Rs-2.65 Billion | Rs2.00 Billion | ▼ -5737.8% |
| 2024 | 0.02x | Rs28.51 Million | Rs1.21 Billion | ▼ -86.7% |
| 2023 | 0.18x | Rs276.15 Million | Rs1.56 Billion | ▲ +163.5% |
| 2022 | -0.28x | Rs-169.50 Million | Rs609.79 Million | ▼ -113.0% |
| 2021 | 2.13x | Rs1.23 Billion | Rs578.53 Million | ▲ +761.1% |
| 2020 | 0.25x | Rs118.84 Million | Rs480.20 Million | ▼ -83.8% |
| 2019 | 1.53x | Rs441.86 Million | Rs288.65 Million | ▲ +182.5% |
| 2018 | -1.86x | Rs-32.25 Million | Rs17.38 Million | ▼ -123.5% |
| 2017 | 7.88x | Rs41.50 Million | Rs5.26 Million | ▲ +109.9% |
| 2016 | -79.71x | Rs-247.44 Million | Rs3.10 Million | ▼ -10024.9% |
| 2015 | 0.80x | Rs24.26 Million | Rs30.20 Million | ▼ -89.3% |
| 2014 | 7.49x | Rs88.28 Million | Rs11.79 Million | ▲ +550.7% |
| 2011 | 1.15x | Rs83.16 Million | Rs72.28 Million | ▲ +141.4% |
| 2009 | -2.78x | Rs-61.28 Million | Rs22.07 Million | ▼ -3157.8% |
| 2008 | -0.09x | Rs-8.17 Million | Rs95.85 Million | ▲ +96.6% |
| 2007 | -2.52x | Rs-98.74 Million | Rs39.17 Million | ▼ -326.9% |
| 2006 | 1.11x | Rs9.68 Million | Rs8.71 Million | ▼ -98.4% |
| 2005 | 70.97x | Rs4.40 Million | Rs62.00K | — |