Refex Industries Limited (REFEX) - Total Assets
Based on the latest financial reports, Refex Industries Limited (REFEX) holds total assets worth Rs28.43 Billion INR (≈ $307.43 Million USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Refex Industries Limited - Total Assets Trend (2005–2026)
This chart illustrates how Refex Industries Limited's total assets have evolved over time, based on quarterly financial data. Also see REFEX market cap for the company's overall valuation and market capitalisation.
Refex Industries Limited - Asset Composition Analysis
Current Asset Composition (March 2026)
Refex Industries Limited's total assets of Rs28.43 Billion consist of 89.3% current assets and 10.7% non-current assets. Review Refex Industries Limited total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 6.5% |
| Accounts Receivable | Rs16.26 Billion | 57.2% |
| Inventory | Rs760.71 Million | 2.7% |
| Property, Plant & Equipment | Rs0.00 | 0.0% |
| Intangible Assets | Rs169.04 Million | 0.6% |
| Goodwill | Rs0.00 | 0.0% |
Asset Composition Trend (2005–2026)
This chart illustrates how Refex Industries Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Refex Industries Limited stock quote for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Refex Industries Limited's current assets represent 89.3% of total assets in 2026, an increase from 51.3% in 2005.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2026, up from 0.1% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 57.2% of total assets.
Refex Industries Limited Competitors by Total Assets
Key competitors of Refex Industries Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanxi LuAn Environmental Energy Development Co Ltd
SHG:601699
|
China | CN¥80.93 Billion |
|
Jizhong Energy Resources Co Ltd
SHE:000937
|
China | CN¥55.53 Billion |
|
Bumi Resources Tbk
JK:BUMI
|
Indonesia | Rp3.92 Billion |
|
MC Mining Ltd
AU:MCM
|
Australia | AU$114.95 Million |
|
Morien Resources Corp
V:MOX
|
Canada | CA$1.20 Million |
|
Hidili Industry International Development Limited
F:3H3
|
Germany | €11.61 Billion |
|
Yancoal Australia Ltd
AU:YAL
|
Australia | AU$11.78 Billion |
|
Whitehaven Coal Ltd
AU:WHC
|
Australia | AU$11.83 Billion |
Refex Industries Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.04 | 3.49 | 1.32 |
| Quick Ratio | 1.98 | 3.47 | 1.28 |
| Cash Ratio | 0.00 | 0.71 | 0.00 |
| Working Capital | Rs12.95 Billion | Rs9.85 Billion | Rs418.41 Million |
Refex Industries Limited - Advanced Valuation Insights
This section examines the relationship between Refex Industries Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.71 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 58.0% |
| Total Assets | Rs28.43 Billion |
| Market Capitalization | $403.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Refex Industries Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Refex Industries Limited's assets grew by 58.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Refex Industries Limited (2005–2026)
The table below shows the annual total assets of Refex Industries Limited from 2005 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | Rs28.43 Billion ≈ $307.43 Million |
+58.00% |
| 2025-03-31 | Rs17.99 Billion ≈ $194.58 Million |
+125.47% |
| 2024-03-31 | Rs7.98 Billion ≈ $86.30 Million |
+6.07% |
| 2023-03-31 | Rs7.52 Billion ≈ $81.36 Million |
+97.49% |
| 2022-03-31 | Rs3.81 Billion ≈ $41.20 Million |
+11.60% |
| 2021-03-31 | Rs3.41 Billion ≈ $36.91 Million |
+147.50% |
| 2020-03-31 | Rs1.38 Billion ≈ $14.92 Million |
-12.99% |
| 2019-03-31 | Rs1.59 Billion ≈ $17.14 Million |
+61.90% |
| 2018-03-31 | Rs979.04 Million ≈ $10.59 Million |
+63.04% |
| 2017-03-31 | Rs600.50 Million ≈ $6.49 Million |
-49.43% |
| 2016-03-31 | Rs1.19 Billion ≈ $12.84 Million |
+69.72% |
| 2015-03-31 | Rs699.71 Million ≈ $7.57 Million |
+98.17% |
| 2014-03-31 | Rs353.09 Million ≈ $3.82 Million |
-33.58% |
| 2013-03-31 | Rs531.64 Million ≈ $5.75 Million |
-25.88% |
| 2012-03-31 | Rs717.28 Million ≈ $7.76 Million |
-31.52% |
| 2011-03-31 | Rs1.05 Billion ≈ $11.33 Million |
-2.12% |
| 2009-03-31 | Rs1.07 Billion ≈ $11.57 Million |
+43.48% |
| 2008-03-31 | Rs745.79 Million ≈ $8.07 Million |
+21.34% |
| 2007-03-31 | Rs614.63 Million ≈ $6.65 Million |
+1131.96% |
| 2006-03-31 | Rs49.89 Million ≈ $539.55K |
+649.45% |
| 2005-03-31 | Rs6.66 Million ≈ $71.99K |
-- |
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