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No complete published report is available for nse/REFEX (NSE/REFEX) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

NSE/REFEX (NSE/REFEX)

National Stock Exchange of India: NSE/REFEX · INR

₹223

-9.80 (-4.2%)· Recorded snapshot

Market cap	30.6B
Revenue (ttm)	31.9B
Net income (ttm)	2.6B
EPS (ttm)	₹18.2
P/E (trailing)	12.2x
Dividend	₹1.00 (0.45%)
Volume	1,041,057
Beta	1.72

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 31.9B
Net income (ttm): 2.6B
EPS (ttm): ₹18.2
P/E (trailing): 12.2x
Market cap: 30.6B

Metric	Value
Amount currency	INR
Country	India
Country code	IN
Earnings date	2026-10-29
Employees	522
Employees change	227
Employees growth	76.95%
Enterprise value	INR 28.9B
Exchange	National Stock Exchange of India
Financial currency	INR
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	March
Founded	2002
Industry	Thermal Coal
Is primary listing	No
ISIN number	INE056I01025
Last earnings date	2026-07-29
Last refreshed	2026-10-28
Last stock split date	2024-03-22
Last stock split type	Forward
Market cap	INR 30.6B
Next earnings date	2026-10-29
Price	INR 222.50
Price currency	INR
Sector	Energy
SIC code	2810
Stock price date	2026-10-28
Symbol	nse/REFEX
Website	https://refex.co.in

Metric

Value

Amount currency

INR

Country

India

Country code

Earnings date

2026-10-29

Employees

522

Employees change

227

Employees growth

76.95%

Enterprise value

INR 28.9B

Exchange

National Stock Exchange of India

Financial currency

INR

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

March

Founded

2002

Industry

Thermal Coal

Is primary listing

ISIN number

INE056I01025

Last earnings date

2026-07-29

Last refreshed

2026-10-28

Last stock split date

2024-03-22

Last stock split type

Forward

Market cap

INR 30.6B

Next earnings date

2026-10-29

Price

INR 222.50

Price currency

INR

Sector

Energy

SIC code

2810

Stock price date

2026-10-28

Symbol

nse/REFEX

Website

https://refex.co.in

Metric	Value
Average P/E ratio (10Y)	14.45x
Average P/E ratio (3Y)	26.35x
Average P/E ratio (5Y)	18.57x
Earnings yield	8.17%
EV/Earnings	11.17x
EV/EBIT	7.08x
EV/EBITDA	6.08x
EV/FCF	74.95x
EV/Sales	1.02x
FCF / EV yield	1.33%
FCF yield	1.26%
Graham number	222.37402
Graham upside	-0.06%
Lynch fair value	INR 470.32
Lynch upside	111.38%
P/(FCF - SBC) ratio	83.28x
P/(OCF - SBC) ratio	30.71x
P/B ratio	1.9x
P/E ratio	12.25x
P/FCF ratio	79.33x
P/OCF ratio	30.16x
P/S ratio	0.96x
Price / tangible book value	1.93x
Price/EBITDA ratio	6.43x
Sector forward P/E	11.8x
Sector P/E	12.56x

Metric

Value

Average P/E ratio (10Y)

14.45x

Average P/E ratio (3Y)

26.35x

Average P/E ratio (5Y)

18.57x

Earnings yield

8.17%

EV/Earnings

11.17x

EV/EBIT

7.08x

EV/EBITDA

6.08x

EV/FCF

74.95x

EV/Sales

1.02x

FCF / EV yield

1.33%

FCF yield

1.26%

Graham number

222.37402

Graham upside

-0.06%

Lynch fair value

INR 470.32

Lynch upside

111.38%

P/(FCF - SBC) ratio

83.28x

P/(OCF - SBC) ratio

30.71x

P/B ratio

1.9x

P/E ratio

12.25x

P/FCF ratio

79.33x

P/OCF ratio

30.16x

P/S ratio

0.96x

Price / tangible book value

1.93x

Price/EBITDA ratio

6.43x

Sector forward P/E

11.8x

Sector P/E

12.56x

Metric	Value
EBIT margin	13.71%
EBITDA margin	14.92%
Effective tax rate	26.59%
FCF margin	1.69%
Gross margin	17.43%
Operating margin	13.71%
Pretax margin	12.88%
Profit margin	8.12%
Profit per employee	INR 5M
Profitable quarters	25
Profitable years	13
Revenue per employee	INR 61M
ROA	9.83%
ROA (5Y)	11.44%
ROCE	25.82%
ROE	20.91%
ROE (5Y)	27.55%
ROIC	22.3%
ROIC (5Y)	22.67%
SBC / revenue	0.06%
Tax / revenue	3.43%

Metric

Value

EBIT margin

13.71%

EBITDA margin

14.92%

Effective tax rate

26.59%

FCF margin

1.69%

Gross margin

17.43%

Operating margin

13.71%

Pretax margin

12.88%

Profit margin

8.12%

Profit per employee

INR 5M

Profitable quarters

Profitable years

Revenue per employee

INR 61M

ROA

9.83%

ROA (5Y)

11.44%

ROCE

25.82%

ROE

20.91%

ROE (5Y)

27.55%

ROIC

22.3%

ROIC (5Y)

22.67%

SBC / revenue

0.06%

Tax / revenue

3.43%

Metric	Value
EPS growth	61.77%
EPS growth (Q)	207.15%
EPS growth (QoQ)	-29.8%
EPS growth 3Y	17.12%
EPS growth 5Y	33.88%
EPS growth quarters	4
EPS growth years	2
FCF growth 5Y	-16.83%
Gross profit growth	82.91%
Gross profit growth (Q)	132.73%
Gross profit growth 3Y	33.13%
Gross profit growth 5Y	37.78%
Net income growth	64.07%
Net income growth (Q)	201.33%
Net income growth (QoQ)	-29.75%
Net income growth 3Y	25.8%
Net income growth 5Y	41.94%
Net income growth quarters	4
Net income growth years	2
OCF growth 10Y	24.86%
OCF growth 3Y	57.13%
OCF growth 5Y	-2.77%
Operating income growth	149.34%
Operating income growth (Q)	326.6%
Operating income growth 3Y	31.08%
Operating income growth 5Y	44.34%
Revenue growth	25.72%
Revenue growth (Q)	139.09%
Revenue growth (QoQ)	-1.91%
Revenue growth 10Y	65.32%
Revenue growth 3Y	17.61%
Revenue growth 5Y	34.81%
Revenue growth quarters	2
Revenue growth years	0

Metric

Value

EPS growth

61.77%

EPS growth (Q)

207.15%

EPS growth (QoQ)

-29.8%

EPS growth 3Y

17.12%

EPS growth 5Y

33.88%

EPS growth quarters

EPS growth years

FCF growth 5Y

-16.83%

Gross profit growth

82.91%

Gross profit growth (Q)

132.73%

Gross profit growth 3Y

33.13%

Gross profit growth 5Y

37.78%

Net income growth

64.07%

Net income growth (Q)

201.33%

Net income growth (QoQ)

-29.75%

Net income growth 3Y

25.8%

Net income growth 5Y

41.94%

Net income growth quarters

Net income growth years

OCF growth 10Y

24.86%

OCF growth 3Y

57.13%

OCF growth 5Y

-2.77%

Operating income growth

149.34%

Operating income growth (Q)

326.6%

Operating income growth 3Y

31.08%

Operating income growth 5Y

44.34%

Revenue growth

25.72%

Revenue growth (Q)

139.09%

Revenue growth (QoQ)

-1.91%

Revenue growth 10Y

65.32%

Revenue growth 3Y

17.61%

Revenue growth 5Y

34.81%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	INR -628.7M
Depreciation and amortization	INR 621.8M
EBIT	INR 4.4B
EBITDA	INR 4.8B
EPS	INR 18.17
Financing cash flow	INR 1B
Free cash flow	INR 385.6M
Free cash flow minus SBC	INR 367.3M
Gross profit	INR 5.6B
Income taxes	INR 1.1B
Investing cash flow	INR -1.1B
Net borrowing	INR 193.7M
Net cash flow	INR 907.2M
Net income	INR 2.6B
Operating cash flow minus SBC	INR 996M
Operating income	INR 4.4B
Revenue	INR 31.9B
Stock-based compensation	INR 18.3M

Metric

Value

Capital expenditures

INR -628.7M

Depreciation and amortization

INR 621.8M

EBIT

INR 4.4B

EBITDA

INR 4.8B

EPS

INR 18.17

Financing cash flow

INR 1B

Free cash flow

INR 385.6M

Free cash flow minus SBC

INR 367.3M

Gross profit

INR 5.6B

Income taxes

INR 1.1B

Investing cash flow

INR -1.1B

Net borrowing

INR 193.7M

Net cash flow

INR 907.2M

Net income

INR 2.6B

Operating cash flow minus SBC

INR 996M

Operating income

INR 4.4B

Revenue

INR 31.9B

Stock-based compensation

INR 18.3M

Metric	Value
Debt / EBITDA	0.6
Debt / equity	0.18
Debt / FCF	7.42
Interest coverage	9.44
Net cash (debt)	INR 1.9B
Net cash / market cap	6.2%
Net cash growth	82.1%
Net debt / EBITDA	-0.4
Net debt / equity	-0.12
Net debt / FCF	-4.92
Piotroski F-Score	4
Shareholders' equity	INR 16.1B
Tangible book value	INR 15.8B
Tangible book value per share	INR 108.40
Total assets	INR 35.1B
Total cash	INR 4.8B
Total debt	INR 2.9B
Total liabilities	INR 19B
WACC	13.53%

Metric

Value

Debt / EBITDA

0.6

Debt / equity

0.18

Debt / FCF

7.42

Interest coverage

9.44

Net cash (debt)

INR 1.9B

Net cash / market cap

6.2%

Net cash growth

82.1%

Net debt / EBITDA

-0.4

Net debt / equity

-0.12

Net debt / FCF

-4.92

Piotroski F-Score

Shareholders' equity

INR 16.1B

Tangible book value

INR 15.8B

Tangible book value per share

INR 108.40

Total assets

INR 35.1B

Total cash

INR 4.8B

Total debt

INR 2.9B

Total liabilities

INR 19B

WACC

13.53%

Metric	Value
Asset turnover	1.15
Current ratio	1.76
Inventory turnover	30.36
Net working capital	INR 11B
Quick ratio	1.42
Working capital	INR 13.8B

Metric

Value

Asset turnover

1.15

Current ratio

1.76

Inventory turnover

30.36

Net working capital

INR 11B

Quick ratio

1.42

Working capital

INR 13.8B

Metric	Value
Buyback yield / dilution	-1.71%
Dividend growth	100%
Dividend growth (10Y)	17.46%
Dividend growth (3Y)	35.72%
Dividend growth (5Y)	27.23%
Dividend growth years	1
Dividend payment date	2026-08-29
Dividend payment years	4
Dividend payout frequency	Annual
Dividend per share	INR 1.00
Dividend yield	0.45%
Ex-dividend date	2026-07-24
Last dividend	INR 1.00
Payout ratio	5.31%
Shareholder yield	-1.26%

Metric

Value

Buyback yield / dilution

-1.71%

Dividend growth

100%

Dividend growth (10Y)

17.46%

Dividend growth (3Y)

35.72%

Dividend growth (5Y)

27.23%

Dividend growth years

Dividend payment date

2026-08-29

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

INR 1.00

Dividend yield

0.45%

Ex-dividend date

2026-07-24

Last dividend

INR 1.00

Payout ratio

5.31%

Shareholder yield

-1.26%

Metric	Value
10Y price change	6,405.85%
10Y return CAGR	52.64%
10Y total return	6,762.21%
150-day SMA	INR 281.66
15Y price change	7,243.23%
15Y return CAGR	33.64%
15Y total return	7,645.46%
1D price change	-4.22%
1M price change	-22.15%
1M total return	-22.15%
1W price change	-10.89%
1W total return	-10.89%
1Y price change	-38.1%
1Y return CAGR	-37.92%
1Y total return	-37.9%
20-day SMA	INR 252.33
200-day SMA	INR 268.42
3M price change	-32.89%
3M total return	-32.89%
3Y price change	88.86%
3Y return CAGR	23.82%
3Y total return	89.88%
50-day SMA	INR 270.77
50-day SMA vs 200-day SMA	50over200
52-week high	INR 382.00
52-week high date	2025-11-06
52-week low	INR 188.00
52-week low date	2026-03-23
5Y price change	723.46%
5Y return CAGR	52.72%
5Y total return	730.44%
6M price change	-13.19%
6M total return	-12.92%
All-time high	INR 600.00
All-time high date	2024-09-30
All-time low	INR 0.44
All-time low date	2013-03-04
Average true range (ATR)	INR 12.28
Average volume	331.5K
Beta (5Y)	1.72
Change from 52-week high	-41.75%
Change from 52-week low	18.35%
Change from all-time high	-62.92%
Change from all-time low	50,468.18%
Change from open	-3.95%
Day's gap	-0.28%
Dollar volume	INR 231.6M
High price	INR 241.75
Low price	INR 219.95
Monthly RSI	42.93
Open price	INR 231.65
Position in 52-week range	11.7%
Previous close	INR 232.30
Price vs 150-day SMA	-21%
Price vs 20-day SMA	-11.82%
Price vs 200-day SMA	-17.11%
Price vs 50-day SMA	-17.83%
Relative volume	3.63
RSI	28.77
Sharpe ratio	-0.7
Sharpe ratio (3Y)	0.55
Sharpe ratio (5Y)	0.93
Sortino ratio	-0.89
Sortino ratio (3Y)	1.05
Sortino ratio (5Y)	1.79
Volume	1M
Weekly RSI	34.21
YTD price change	-14.39%
YTD total return	-14.12%

Metric

Value

10Y price change

6,405.85%

10Y return CAGR

52.64%

10Y total return

6,762.21%

150-day SMA

INR 281.66

15Y price change

7,243.23%

15Y return CAGR

33.64%

15Y total return

7,645.46%

1D price change

-4.22%

1M price change

-22.15%

1M total return

-22.15%

1W price change

-10.89%

1W total return

-10.89%

1Y price change

-38.1%

1Y return CAGR

-37.92%

1Y total return

-37.9%

20-day SMA

INR 252.33

200-day SMA

INR 268.42

3M price change

-32.89%

3M total return

-32.89%

3Y price change

88.86%

3Y return CAGR

23.82%

3Y total return

89.88%

50-day SMA

INR 270.77

50-day SMA vs 200-day SMA

50over200

52-week high

INR 382.00

52-week high date

2025-11-06

52-week low

INR 188.00

52-week low date

2026-03-23

5Y price change

723.46%

5Y return CAGR

52.72%

5Y total return

730.44%

6M price change

-13.19%

6M total return

-12.92%

All-time high

INR 600.00

All-time high date

2024-09-30

All-time low

INR 0.44

All-time low date

2013-03-04

Average true range (ATR)

INR 12.28

Average volume

331.5K

Beta (5Y)

1.72

Change from 52-week high

-41.75%

Change from 52-week low

18.35%

Change from all-time high

-62.92%

Change from all-time low

50,468.18%

Change from open

-3.95%

Day's gap

-0.28%

Dollar volume

INR 231.6M

High price

INR 241.75

Low price

INR 219.95

Monthly RSI

42.93

Open price

INR 231.65

Position in 52-week range

11.7%

Previous close

INR 232.30

Price vs 150-day SMA

-21%

Price vs 20-day SMA

-11.82%

Price vs 200-day SMA

-17.11%

Price vs 50-day SMA

-17.83%

Relative volume

3.63

RSI

28.77

Sharpe ratio

-0.7

Sharpe ratio (3Y)

0.55

Sharpe ratio (5Y)

0.93

Sortino ratio

-0.89

Sortino ratio (3Y)

1.05

Sortino ratio (5Y)

1.79

Volume

Weekly RSI

34.21

YTD price change

-14.39%

YTD total return

-14.12%

Metric	Value
Float	58.2M
Shares change (QoQ)	-0.01%
Shares change (YoY)	1.71%
Shares held by insiders	0%
Shares held by institutions	0.47%

Metric

Value

Float

58.2M

Shares change (QoQ)

-0.01%

Shares change (YoY)

1.71%

Shares held by insiders

Shares held by institutions

0.47%

NSE/REFEX (NSE/REFEX)

Price

Financial snapshot

Fair-value bridge

Latest news · NSE/REFEX

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All NSE/REFEX indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on NSE/REFEX

Frequently asked questions