Refex Industries Limited (REFEX) — Net Asset Quality Index
Refex Industries Limited (REFEX) has a Net Asset Quality Index of 53.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs28.43 Billion minus total liabilities of Rs13.34 Billion yields net assets of Rs15.09 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read REFEX current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Refex Industries Limited Net Asset Quality Index Over Time (2005–2026)
This chart shows how Refex Industries Limited's Net Asset Quality Index has evolved across 21 annual periods from 2005 to 2026. As of March 2026, the index stands at 53.1%, representing net assets of Rs15.09 Billion against total assets of Rs28.43 Billion INR. For live market cap and overall valuation, see REFEX market cap.
Annual Net Asset Quality Index for Refex Industries Limited (2005–2026)
The table below presents the year-by-year Net Asset Quality Index for Refex Industries Limited from 2005 to 2026, covering 21 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Refex Industries Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 53.1% | Rs15.09 Billion | Rs28.43 Billion | Rs13.34 Billion | ▼ -14.3 pp |
| 2025 | 67.4% | Rs12.12 Billion | Rs17.99 Billion | Rs5.87 Billion | ▲ +9.1 pp |
| 2024 | 58.2% | Rs4.65 Billion | Rs7.98 Billion | Rs3.33 Billion | ▲ +16.4 pp |
| 2023 | 41.8% | Rs3.14 Billion | Rs7.52 Billion | Rs4.38 Billion | ▼ -6.5 pp |
| 2022 | 48.3% | Rs1.84 Billion | Rs3.81 Billion | Rs1.97 Billion | ▲ +7.4 pp |
| 2021 | 40.9% | Rs1.40 Billion | Rs3.41 Billion | Rs2.02 Billion | ▼ -14.1 pp |
| 2020 | 55.0% | Rs758.03 Million | Rs1.38 Billion | Rs621.15 Million | ▲ +28.0 pp |
| 2019 | 27.0% | Rs427.29 Million | Rs1.59 Billion | Rs1.16 Billion | ▲ +15.6 pp |
| 2018 | 11.3% | Rs111.00 Million | Rs979.04 Million | Rs868.04 Million | ▼ -5.6 pp |
| 2017 | 16.9% | Rs101.63 Million | Rs600.50 Million | Rs498.87 Million | ▲ +8.8 pp |
| 2016 | 8.2% | Rs97.07 Million | Rs1.19 Billion | Rs1.09 Billion | ▲ +1.9 pp |
| 2015 | 6.3% | Rs43.92 Million | Rs699.71 Million | Rs655.79 Million | ▲ +2.4 pp |
| 2014 | 3.9% | Rs13.71 Million | Rs353.09 Million | Rs339.38 Million | ▲ +3.5 pp |
| 2013 | 0.4% | Rs1.92 Million | Rs531.64 Million | Rs529.72 Million | ▼ -21.7 pp |
| 2012 | 22.1% | Rs158.48 Million | Rs717.28 Million | Rs558.80 Million | ▼ -15.4 pp |
| 2011 | 37.5% | Rs392.56 Million | Rs1.05 Billion | Rs654.86 Million | ▼ -7.7 pp |
| 2009 | 45.2% | Rs483.96 Million | Rs1.07 Billion | Rs586.10 Million | ▼ -16.9 pp |
| 2008 | 62.2% | Rs463.71 Million | Rs745.79 Million | Rs282.08 Million | ▼ -2.9 pp |
| 2007 | 65.1% | Rs400.19 Million | Rs614.63 Million | Rs214.45 Million | ▲ +16.3 pp |
| 2006 | 48.8% | Rs24.34 Million | Rs49.89 Million | Rs25.56 Million | ▲ +17.8 pp |
| 2005 | 31.0% | Rs2.06 Million | Rs6.66 Million | Rs4.59 Million | — |