18,000 per cent multibagger returns: Company Secures Rs 50 Crore Order from NTPC

Refex Industries Limited (RIL) announced today that it has secured a significant order from NTPC Limited for the transportation and unloading of pond ash. The contract, a domestic undertaking, is valued at approximately Rs 50 crore. The scope of work primarily involves the transportation and unloading of pond ash. The agreement stipulates an execution period of one year, with a provision for an extension of another six months at the sole discretion of NTPC Limited. 

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 5,400 crore. The shares of the company have a PE of 28.5x whereas the sectoral PE is 65x with an ROE of 22 per cent and an ROCE of 25 per cent. The stock gave returns of 54.34 per cent in just 1 year whereas the BSE Sensex Index is up by -1.76 per cent. Furthermore, the stock gave 1,524 per cent in 3 years and a whopping 18,244 per cent in a decade.

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