Refex Renewables & Infrastructure Ltd (REFEXRENEW) — shareholding pattern, promoter holding, financials and share price
About Refex Renewables & Infrastructure Ltd (REFEXRENEW)
Refex Renewables & Infrastructure Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as REFEXRENEW and on the BSE under scrip code 531260. Its ISIN is INE332F01018.
Incorporated in 1994, Refex Renewables & Infrastructure Ltd provides EPC services in respect of ground solar power plants, solar water pumps and home systems [1]
Refex Renewables & Infrastructure Limited (RRIL) specializes in solar energy solutions, offering engineering, procurement, and construction services for solar power projects.
RRIL has a strong legacy in the silicon and semiconductor industry, originally part of the Monsanto Electronic Material Company (MEMC).
Listed peers in Civil Construction: Sadbhav Engineering Ltd, Telge Projects Ltd, HEC Infra Projects Ltd, Durlax Top Surface Ltd, Siddhika Coatings Ltd, Esprit Stones Ltd.
Valuation & Returns
10 Jul 2026At ₹315 a share on 10 Jul 2026, Refex Renewables & Infrastructure Ltd (REFEXRENEW) was valued at a price-to-earnings ratio of -3.27x against an industry P/E of 25.97x. Solomo computes return on equity of 52.46% and return on capital employed of 3.24% from filed results.
- P/E
- -3.27x
- Industry P/E
- 25.97x
- EPS (TTM)
- ₹-95.13
- Book value / share
- ₹-178.09
- ROE
- 52.46%
- ROCE
- 3.24%
- ROA
- -8.3%
- Debt / equity
- -6.08x
- Dividend yield
- 0%
- EBITDA margin
- 49.42%
- 52-week range
- ₹209.05 – ₹1,183
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Refex Renewables & Infrastructure Ltd (REFEXRENEW) reported revenue of ₹66 crore, net profit of ₹-43 crore and earnings per share of ₹-93.42. That compares with revenue of ₹67 crore and net profit of ₹-36 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹19 crore and net profit ₹-10 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 53 | 76 | 75 | 67 | 66 |
| Net profit (₹ cr) | -37 | -30 | -34 | -36 | -43 |
| EPS (₹) | -72.36 | -52.07 | -55.03 | -80.77 | -93.42 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | -17.78% | -39.32% | -10.65% |
| Profit growth | - | - | -5.75% |
| Stock price CAGR | 39% | -12% | -71% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.87% of Refex Renewables & Infrastructure Ltd (REFEXRENEW) (unchanged from the previous quarter). Promoters have pledged 42.7% of their holding. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Guttikonda Vara Lakshmi 1.53%, Ashish Chugh 1.15%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.87% | 42.7% | - | - | 25.13% |
| Mar 2026 | 74.87% | 42.7% | - | - | 25.13% |
| Dec 2025 | 74.87% | 16.9% | - | - | 25.13% |
| Sep 2025 | 74.89% | 12.1% | - | - | 25.11% |
| Jun 2025 | 74.89% | 12.1% | - | - | 25.11% |
| Mar 2025 | 74.89% | 12.1% | - | - | 25.11% |
| Dec 2024 | 74.97% | 8.7% | - | - | 25.03% |
| Sep 2024 | 75% | - | - | - | 25% |