Refex Industries Limited (NSE:REFEX) — Market Cap & Net Worth
Market Cap & Net Worth: Refex Industries Limited (REFEX)
Refex Industries Limited (NSE:REFEX) has a market capitalization of $391.50 Million (Rs36.20 Billion) as of May 4, 2026. Listed on the NSE stock exchange, this India-based company holds position #13786 globally and #657 in its home market, demonstrating a 1.19% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Refex Industries Limited's stock price Rs263.86 by its total outstanding shares 137199391 (137.20 Million). Analyse REFEX cash flow conversion to see how efficiently the company converts income to cash.
Refex Industries Limited Market Cap History: 2015 to 2026
Refex Industries Limited's market capitalization history from 2015 to 2026. Data shows growth from $2.30 Million to $391.50 Million (61.30% CAGR).
Refex Industries Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Refex Industries Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.02x
Refex Industries Limited's market cap is 0.02 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.24x
Refex Industries Limited's market cap is 0.24 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $4.18 Million | $779.53 Million | $53.19 Million | 0.01x | 0.08x |
| 2017 | $6.40 Million | $377.18 Million | $4.56 Million | 0.02x | 1.40x |
| 2018 | $5.40 Million | $768.58 Million | $9.37 Million | 0.01x | 0.58x |
| 2019 | $14.51 Million | $4.61 Billion | $316.30 Million | 0.00x | 0.05x |
| 2020 | $27.09 Million | $6.61 Billion | $331.26 Million | 0.00x | 0.08x |
| 2021 | $41.86 Million | $6.33 Billion | $409.43 Million | 0.01x | 0.10x |
| 2022 | $82.28 Million | $4.44 Billion | $453.90 Million | 0.02x | 0.18x |
| 2023 | $178.38 Million | $16.29 Billion | $1.16 Billion | 0.01x | 0.15x |
| 2024 | $713.39 Million | $13.83 Billion | $938.70 Million | 0.05x | 0.76x |
| 2025 | $385.63 Million | $24.68 Billion | $1.59 Billion | 0.02x | 0.24x |
Competitor Companies of REFEX by Market Capitalization
Companies near Refex Industries Limited in the global market cap rankings as of May 4, 2026.
Key companies related to Refex Industries Limited by market ranking:
- China Shenhua Energy Co (SHG:601088): Ranked #203 globally with a market cap of $115.83 Billion USD ( CN¥791.57 Billion CNY).
- Shaanxi Coal Industry Co Ltd (SHG:601225): Ranked #718 globally with a market cap of $37.07 Billion USD ( CN¥253.33 Billion CNY).
- Coal India Limited (NSE:COALINDIA): Ranked #826 globally with a market cap of $32.09 Billion USD ( Rs2.97 Trillion INR).
- Adani Enterprises Limited (NSE:ADANIENT): Ranked #881 globally with a market cap of $30.06 Billion USD ( Rs2.78 Trillion INR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #203 | China Shenhua Energy Co | SHG:601088 | $115.83 Billion | CN¥48.00 |
| #718 | Shaanxi Coal Industry Co Ltd | SHG:601225 | $37.07 Billion | CN¥26.13 |
| #826 | Coal India Limited | NSE:COALINDIA | $32.09 Billion | Rs481.45 |
| #881 | Adani Enterprises Limited | NSE:ADANIENT | $30.06 Billion | Rs2408.40 |
Refex Industries Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Refex Industries Limited's market cap moved from $2.30 Million to $ 391.50 Million, with a yearly change of 61.30%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs391.50 Million | +1.52% |
| 2025 | Rs385.63 Million | -45.94% |
| 2024 | Rs713.39 Million | +299.93% |
| 2023 | Rs178.38 Million | +116.80% |
| 2022 | Rs82.28 Million | +96.58% |
| 2021 | Rs41.86 Million | +54.49% |
| 2020 | Rs27.09 Million | +86.77% |
| 2019 | Rs14.51 Million | +168.80% |
| 2018 | Rs5.40 Million | -15.73% |
| 2017 | Rs6.40 Million | +53.14% |
| 2016 | Rs4.18 Million | +81.44% |
| 2015 | Rs2.30 Million | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of Refex Industries Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $391.50 Million USD |
| MoneyControl | $391.50 Million USD |
| MarketWatch | $391.50 Million USD |
| marketcap.company | $391.50 Million USD |
| Reuters | $391.50 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Refex Industries Limited
Refex Industries Limited engages in handling and disposal of fly ash in India. It provides refills hydrofluorocarbons, which is used in air conditioners, refrigerators, and refrigeration systems. The company engages in solar power generation and related activities; coal trading; and providing coal yard management services and power trading solutions. It also owns and operates electric vehicles. T… Read more