Refex Industries Ltd
Refex Industries Ltd (REFEX)

Refex Industries Ltd (REFEX)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return35.93 %
3 Month Return68.67 %
1 Year Return14.44 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 87
Rank 122
Rank 180
Dividend Yield
Rank 57
Rank 88
Price To Book Ratio
Rank 140
Debt To Asset
Rank 97

Company Information

Refex Refrigerants Limited was incorporated as Refex Refrigerants Private Limited on 13th September 2002. The Company was converted into a Public Limited Company on 30th March 2006 with the name Refex Refrigerants Limited.Refex Refrigerants Limited is an ISO 9001 Company engaged in the business of refilling and selling non ozone depleting refrigerant gases popularly known as HydrofluoroCarbons or HFCs that are used in auto airconditioners room air conditioners commercial aircons refrigerators and refrigerating equipments. These refrigerants are the replacements for the Chlorofluorocarbons CFC and HCFCs that deplete the ozone layer. The CFCs are to be banned in the country from 2010 after this ban HFCs have to be replaced with the CFCs. So Refex saw the potential in the HFC business and started to import this product from across the globe in the year 2002. The company has importing this in their trading company. After seeing a growth the company has planned to set up a refilling plant in Chennai with the technical collaboration from Kaltech Engineering and Refrigeration Pvt.Ltd. Singapore. The company has set up a refilling plant in Thiruporur near Chennai. Refex has started with a capacity of 40MT per month with one storage tank and one ISO tank. An ISO tank container is a pressure vessel complying with the International Standard Organization recommendations. The unit is designed and constructed for transportation of liquids powders and liquefied gases on land or at sea.
OrganisationRefex Industries Ltd