12,637 per cent multibagger returns: Company procured an order of Rs 250 crore from a prominent GENCO

DSIJ Intelligence-1 / 08 Jul 2025/ Categories: Multibaggers, Trending

12,637 per cent multibagger returns: Company procured an order of Rs 250 crore from a prominent GENCO

Furthermore, the stock gave 1,880 per cent in 3 years and a whopping 12,637 per cent in a decade.

Today, shares of Refex Industries Ltd jumped 4.10 per cent to Rs 462.35 per share from its previous closing of Rs 444.15 per share. The stock’s 52-week high is Rs 600 per share and its 52-week low is Rs 204 per share. The shares of the company saw a spurt in volume by more than 1.50 times on the BSE.

Refex Industries Limited (RIL) has secured a significant domestic contract valued at approximately INR 250 Crore from a prominent State GENCO for comprehensive ash disposal services. This 3-year agreement, extending until March 31, 2028, involves the operation and maintenance of existing ash handling systems, including spares management, along with the daily utilization and lifting of fly ash, pond ash and hydrobin ash.

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About the Company

Refex Industries Ltd, established in 2002, is a prominent company known for pioneering R134a Cans in India and is a market leader in refrigerant gases. Guided by a philosophy of Experience, Empowerment and Efficiency, the company is led by Managing Director Anil Jain and operates with modern infrastructure. Its key business areas include Refrigerant Gas, Coal Ash Handling and Power Trading, supported by a global network.

According to Quarterly Results, the net sales increased by 84 per cent to Rs 643.88 crore and net profit increased by 44 per cent to Rs 47.92 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 80 per cent to Rs 2,518.02 crore and net profit increased by 70 per cent to Rs 158.38 crore in FY25 compared to FY24.

Refex Industries Limited (RIL) has a market cap of over Rs 5,800 crore. The shares of the company have a PE of 31x whereas the sectoral PE is 65x with an ROE of 22 per cent and an ROCE of 25 per cent. The stock gave multibagger returns of 120 per cent in just 1 year whereas the BSE Sensex Index is up by 5 per cent. Furthermore, the stock gave 1,880 per cent in 3 years and a whopping 12,637 per cent in a decade.

Disclaimer: The article is for informational purposes only and not investment advice.