About Refex Renewables
Refex Renewables is a publicly listed company based in Chennai (India) founded in 1959. Refex Renewables is engaged in solar energy and bioenergy solutions. It operates on a Product-as-a-Service and Direct-to-Consumer (D2C) model. The company has 70 employees. Its Indian entity Engender Developers Private Limited reported revenue of ₹2.05 Cr. Refex Renewables offers products and services including Rooftop Solar Systems, Solar Water Pumps, and Compressed Biogas (CBG). Its focus areas include Energy, Renewable Energy, Solar Energy and Bioenergy. Its competitors include SolarSquare, ZunRoof, Oorjan, Onergy and Krivi Energy and 1 more; 5 of its 6 listed competitors have raised funding.
Company details
Refex Renewables is involved in providing end-to-end renewable energy solutions across India. Solar power systems are designed, installed, and maintained for commercial, industrial, residential, and rural segments. Focus areas include distributed energy, solar water pumps, street lighting, and emerging technologies like waste heat to power. Additionally, bioenergy solutions such as compressed biogas (CBG) are developed using agricultural residues. Operations span over 8000 locations in 15 states, contributing to national sustainability goals. Innovative projects for Indian Railways and the Indian Army are also undertaken.
- Headquarters Chennai, India
- Employees 70
- Stage Public
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website refexrenewables.com
- Legal Name Refex Renewables & Infrastructure Limited
- Annual Revenue₹2.05 Cr
FY 2025 · +59% YoY
- Net Loss-₹20.6 Lakh
FY 2025 · -10% margin
- EBITDA₹65.2 Lakh
FY 2025 · 32% margin
- Employee Count70
Associated legal entities of Refex Renewables
Refex Renewables operates through Engender Developers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Engender Developers Private Limited CIN U40100TN2016PTC112403 | Active | 07 Sep 2016 | Chennai, Tamil Nadu | ₹2.0 Cr | – | 3 | View details |
Products & Services of Refex Renewables
Refex Renewables offers a comprehensive portfolio of products and services, including Rooftop Solar Systems, Solar Water Pumps, and Compressed Biogas (CBG).
End-to-end solar systems are provided for rooftops.
Solar-powered pumps are offered for rural applications.
Biogas is produced as alternative transport fuel.
Board of directors of Engender Developers Private Limited (Refex Renewables)
Engender Developers Private Limited is the primary company behind Refex Renewables. The board of Engender Developers Private Limited currently have 3 directors; the longest-serving is Patrik Vijay Kumar Francis Arun Kumar, appointed in 2022. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Patrik Vijay Kumar Francis Arun Kumar DIN 07162895 | Director | 31 Mar 2022 | 4 yrs 6 mo | Engender Developers Private Limited |
| Thirunavukarasu Manikandan DIN 10042993 | Director | 23 May 2023 | 3 yrs 4 mo | Engender Developers Private Limited |
| Yash Jain DIN 10071416 | Additional Director | 04 Feb 2026 | 8 mo | Engender Developers Private Limited |
IPO & Listings of Refex Renewables
Refex Renewables is a publicly listed company on the BSE with ticker symbol REFEXRENEW in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Jan 1995
- Listed onBSE: 531260
- Listed entityRefex Renewables & Infrastructure Limited
- Exchange sectorIndustrial services
- ISININE332F01018
- Share price₹357.95 (+0.99% on the day) · 2026-10-12
- Market capitalisation₹161 Cr
- EPS (diluted, trailing year)₹-85.30
- Volume (last session)365
Financials of Refex Renewables
Figures of Engender Developers Private Limited, the primary company behind Refex Renewables, for FY 2025. Revenue was ₹2.05 Cr (+59% year on year). Net loss was -₹20.6 Lakh (-10% margin). EBITDA was ₹65.2 Lakh (32% margin). Revenue has grown at a compounded annual rate of +21% over three years.
- ₹2.05 CrRevenue · FY 2025 · +59% YoY
- -₹20.6 LakhNet loss · -10% margin
- ₹65.2 LakhEBITDA · 32% margin
- ₹1 LakhPaid-up capital
- +21%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹65.5 Cr | -₹42.0 Cr | ₹27.0 Cr |
| 2024 | ₹67.0 Cr | -₹36.3 Cr | ₹32.0 Cr |
| 2023 | ₹75.0 Cr | -₹24.7 Cr | ₹33.4 Cr |
| 2022 | ₹76.2 Cr | -₹23.4 Cr | ₹9.0 Cr |
| 2021 | ₹53.2 Cr | -₹32.5 Cr | -₹5.8 Cr |
Balance sheet, profit and loss, cash flow and ratios of Engender Developers Private Limited are on its company page.
Detailed financial statements for Refex Renewables
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Competitors of Refex Renewables
Refex Renewables has 6 listed competitors in our database, 5 of them funded. They include SolarSquare, ZunRoof, Oorjan, Onergy and Krivi Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| oorjan.com | 2014 | Mumbai, India | $655,037 | 85 | Solar project financing and development | |
| onergy.in | 2009 | Kolkata, India | $910,766 | 8 | Solar design, engineering, manufacturing, installation, and consultancy services are provided. | |
| krivienergy.com | 2013 | Mumbai, India | $358,314 | 16 | Solar energy solutions including installations, assessments, and financing are provided. | |
| visapowertech.com | 1993 | Navi Mumbai, India | – | – | Offers solar systems, battery storage, and EV charging for renewable energy. |
Detailed competitors of Refex Renewables
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Web traffic of Refex Renewables
The website of Refex Renewables (refexrenewables.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 4.1% vs previous month
Websites whose visitors overlap most with Refex Renewables. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vibrantenergy.in | 100% | 1.7K | #9,815,429 | View details | |
| revayuenergy.com | 99% | – | – | View details | |
lreus.com | lreus.com | 97% | – | #4,848,226 | – |
evolveindia.in | evolveindia.in | 86% | – | – | – |
| rrbenergy.com | 83% | 1.1K | #12,229,684 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Refex Renewables
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Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as Refex Renewables (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Refex Renewables
Complete news archive for Refex Renewables
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Frequently Asked Questions about Refex Renewables
Refex Renewables was founded in 1959.
Refex Renewables is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Refex Renewables has 70 employees.
The primary company behind Refex Renewables, Engender Developers Private Limited, reported revenue of ₹2.05 Cr for FY 2025, up 59% year on year.
Refex Renewables is involved in providing end-to-end renewable energy solutions across India. Solar power systems are designed, installed, and maintained for commercial, industrial, residential, and rural segments. Focus areas include distributed energy, solar water pumps, street lighting, and emerging technologies like waste heat to power. Additionally, bioenergy solutions such as compressed biogas (CBG) are developed using agricultural residues. Operations span over 8000 locations in 15 states, contributing to national sustainability goals. Innovative projects for Indian Railways and the Indian Army are also undertaken.
Refex Renewables's top competitors include SolarSquare, Oorjan and ZunRoof.
Refex Renewables offers Rooftop Solar Systems, Solar Water Pumps, and Compressed Biogas (CBG).
Yes, Refex Renewables is publicly traded on BSE under the ticker symbol REFEXRENEW.
Refex Renewables operates through Engender Developers Private Limited.
The legal entities of Refex Renewables currently have 3 directors, including Patrik Vijay Kumar Francis Arun Kumar, Yash Jain, Thirunavukarasu Manikandan.