Refex Industries Limited Market Cap ($323.77 Million)
Market Cap & Net Worth: Refex Industries Limited (REFEX)
Refex Industries Limited market cap. Refex Industries Limited (NSE:REFEX) has a market capitalization of $323.77 Million (Rs29.94 Billion) as of November 3, 2026. Listed on the NSE stock exchange, this India-based company holds position #14183 globally and #702 in its home market, demonstrating a -3.69% decrease 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 Rs218.18 by its total outstanding shares 137219448 (137.22 Million). Also see cash flow conversion of Refex Industries Limited for how efficiently the company converts equity into cash flow.
Refex Industries Limited Market Cap History (2015–2026)
Refex Industries Limited market cap history from 2015 to 2026. Data shows growth from $2.31 Million to $323.77 Million (55.09% CAGR). Check Refex Industries Limited share price for real-time trading data and today's change.
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. Explore Refex Industries Limited (REFEX) net asset momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.01x
Refex Industries Limited's market cap is 0.01 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.16x
Refex Industries Limited's market cap is 0.16 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 |
|---|---|---|---|---|---|
| 2017 | $6.41 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 | $27.10 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 | $82.29 Million | $4.44 Billion | $453.90 Million | 0.02x | 0.18x |
| 2023 | $178.41 Million | $16.29 Billion | $1.16 Billion | 0.01x | 0.15x |
| 2024 | $713.50 Million | $13.83 Billion | $938.70 Million | 0.05x | 0.76x |
| 2025 | $385.69 Million | $24.68 Billion | $1.59 Billion | 0.02x | 0.24x |
| 2026 | $323.77 Million | $22.77 Billion | $2.03 Billion | 0.01x | 0.16x |
Competitor Companies of REFEX by Market Capitalization
Companies near Refex Industries Limited in the global market cap rankings as of November 3, 2026. Also see Refex Industries Limited (REFEX) total assets for a full breakdown of the balance sheet.
Key companies related to Refex Industries Limited by market ranking:
- China Shenhua Energy Co (SHG:601088): Ranked #192 globally with a market cap of $125.10 Billion USD ( CN¥854.90 Billion CNY).
- Shaanxi Coal Industry Co Ltd (SHG:601225): Ranked #695 globally with a market cap of $38.64 Billion USD ( CN¥264.09 Billion CNY).
- Adani Enterprises Limited (NSE:ADANIENT): Ranked #821 globally with a market cap of $32.65 Billion USD ( Rs3.02 Trillion INR).
- Coal India Limited (NSE:COALINDIA): Ranked #979 globally with a market cap of $27.19 Billion USD ( Rs2.51 Trillion INR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #192 | China Shenhua Energy Co | SHG:601088 | $125.10 Billion | CN¥51.84 |
| #695 | Shaanxi Coal Industry Co Ltd | SHG:601225 | $38.64 Billion | CN¥27.24 |
| #821 | Adani Enterprises Limited | NSE:ADANIENT | $32.65 Billion | Rs2615.40 |
| #979 | Coal India Limited | NSE:COALINDIA | $27.19 Billion | Rs408.00 |
Market Capitalization of Refex Industries Limited (2015–2026)
Market capitalization of Refex Industries Limited from 2015 to today. Between 2015 and today, Refex Industries Limited's market cap moved from $2.31 Million to $ 323.77 Million, with a yearly change of 55.09%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs323.77 Million | -16.05% |
| 2025 | Rs385.69 Million | -45.94% |
| 2024 | Rs713.50 Million | +299.93% |
| 2023 | Rs178.41 Million | +116.80% |
| 2022 | Rs82.29 Million | +96.58% |
| 2021 | Rs41.86 Million | +54.49% |
| 2020 | Rs27.10 Million | +86.77% |
| 2019 | Rs14.51 Million | +168.80% |
| 2018 | Rs5.40 Million | -15.73% |
| 2017 | Rs6.41 Million | +53.14% |
| 2016 | Rs4.18 Million | +81.44% |
| 2015 | Rs2.31 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 3rd, 2026 the market cap of Refex Industries Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $323.77 Million USD |
| MoneyControl | $323.77 Million USD |
| MarketWatch | $323.77 Million USD |
| marketcap.company | $323.77 Million USD |
| Reuters | $323.77 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. The company engages in solar power generation and related activities; coal trading; and providing coal yard management services and solar module trading. It also engages in providing transport services using electric vehicles. The company was formerly known as Refex Refrigerants Limited and changed its name to Refex In… Read more