Refex Industries Limited

BSE: 532884 NSE: REFEX
Refex Industries Limited - chemicals and materials in Chennai, Tamil Nadu, India. FY 2026 financials and compliance.
CIN L45200TN2002PLC049601 Incorporated 13 September 2002 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Listed - NSE: REFEX · BSE: 532884 Public Limited Company chemicals and materials
Data last updated
Revenue · FY 2025
₹2,518.02 Cr
▲ 80.00% YoY
EBITDA · FY 2025
*****
▲ 58.00% YoY
Net profit · FY 2025
*****
▲ 70.00% YoY
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹27.43 Cr
Issued & subscribed
Open charges
₹553.49 Cr
Satisfied ₹298.98 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
200
Latest available

About Refex Industries Limited

Data last updated: 06 January 2026

Refex Industries Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in industrial and specialty gases, a part of the broader chemicals and materials sector. Incorporated on 13 September 2002, the company has been in operation for over 24 years.

Registered with ROC Chennai under CIN U28121TN2002PLC049601. Listed on BSE: 532884 and NSE: REFEX.

Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹27.43 Cr. Formerly known as Refex Refrigerants Private Limited and Refex Refrigerants P Limited. It is led by directors including Latha Venkatesh Venkatesh and Anil Jain.

Last AGM: 18 July 2025. Financial statements filed for year ended 31 March 2025. Office: Chennai, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹2,518.02 Cr, a growth of 80% compared to the previous year.

The company has a workforce of approximately 200 employees as per the latest available data.

The company is associated with 2 brands - Refex Eveelz, Refex Group. As per MCA filings, the company has open charges of ₹553.49 Cr and satisfied charges of ₹298.98 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website refex.co.in.

Company Details of Refex Industries Limited
CIN L45200TN2002PLC049601
Registration Number 049601
Incorporation Date 13 September 2002
ROC Chennai
Listing Status Listed (BSE: 532884, NSE: REFEX)
Company Status Active
Date of Last AGM 18 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Anil Jain Managing Director Dinesh Kumar Agarwal Cfo Latha Venkatesh Venkatesh Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    2Nd Floor No.313 Refex Towers, Sterling Road Valluvar Kottam High Road, Chennai, Tamil Nadu, India – 600034
  • Industry
    Chemicals and Materials, Industrial & Specialty Gases
Company report
Refex Industries Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Refex Industries Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Refex Industries Limited

Refex Industries Limited has undergone 3 name changes throughout its history. The company was previously known as Refex Refrigerants Private Limited, Refex Refrigerants P Limited, and Refex Refrigerants Limited. The current legal name is Refex Industries Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Refex Industries Limited Current
Refex Refrigerants Private Limited Previous
Refex Refrigerants P Limited Previous
Refex Refrigerants Limited Previous

CIN History of Refex Industries Limited

Refex Industries Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45200TN2002PLC049601, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L45200TN2002PLC049601 Current
U28121TN2002PLC049601 Previous
L40102TN2002PLC049601 Previous

Associated Brands with Refex Industries Limited

Refex Industries Limited operates two associated brands: Refex eVeelz and Refex Group. These brands represent Refex Industries Limited's diversified market presence and brand portfolio.

Brand Description Website
Refex eVeelz
Eco-friendly electric fleet for corporate employee commuting and services in India. eveelz.in
Refex Group
Provider of refrigerator gas vertical refex.co.in

Competitors & Alternatives of Refex Industries Limited

Brands and companies operating in the same space as Refex Industries Limited include Lithium Urban Technologies, eee-Taxi, MyOfficeCab and 4 more.

Competitor Description Location Founded
Lithium Urban Technologies Lithium Urban Technologies Ride-hailing services are booked via an online platform for corporates. Bengaluru, India, India 2015
eee-Taxi eee-Taxi Tech-enabled platform offering electric vehicle ride-hailing management solutions Gurugram, India, India 2016
MyOfficeCab MyOfficeCab Eco-transportation solutions for corporate employees are provided end-to-end. Bengaluru, India, India 2014
TrustPool TrustPool Online carpooling services for corporate employees are enabled. Gurugram, India, India 2016
Easy2Commute Easy2Commute Offers an online booking platform for corporate carpooling services. Gurugram, India, India 2009
COCO Rides COCO Rides Shared commuting service for corporate employees via app in Bengaluru. Bengaluru, India, India 2017
Employee Comfort Pool Program Employee Comfort Pool Program Offers an online platform and app for organizational carpooling. Bengaluru, India, India 2017

Business Activity of Refex Industries Limited

Refex Industries Limited is engaged in multiple principal business activities such as trade, electricity, gas, steam and air condition supply, and mining and quarrying, with detailed activities including wholesale trading, electric power generation, transmission and distribution, mining support services activities. The company has 4 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
********** ********** D3 ********** *********
G Trade G1 Wholesale Trading *********
D Electricity, gas, steam and air condition supply D1 Electric power generation, transmission and distribution *********
B Mining and quarrying B5 Mining Support Services activities *********
G Trade G2 Retail Trading *********

Board of Directors of Refex Industries Limited

Refex Industries Limited is currently managed by 8 directors, with 25 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Latha Venkatesh Venkatesh
Also directs: Refex Renewables & Infrastructure Limited, K.S.Oils Limited, Kwick Forensic Solutions Limited
Director 28 Dec 2023 2 Years 6 Months Current
Anil Jain
Also directs: Lsm Developers Llp, Traction Infra Llp, Refex Capital Advisors Llp and 5 more
Managing Director 13 Sep 2002 23 Years 9 Months Current
Dinesh Kumar Agarwal
Also directs: Lsm Developers Llp, Traction Infra Llp, Refex Capital Advisors Llp and 5 more
Cfo 01 Jun 2024 2 Years 1 Months Current
Ramesh Dugar
Also directs: Hindustan Chamber Of Commerce, Dugar Finance And Investments Limited
Director 29 Dec 2020 5 Years 6 Months Current
Sivaramakrishnan Vasudevan Director 31 Mar 2023 3 Years 3 Months Current
Ankit Poddar
Also directs: Venwind Refex Power Services Limited, Refex Holding Private Limited, Refex Airports Retail Indore Private Limited
Company Secretary 01 Jun 2024 2 Years 1 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Refex Industries Limited FY 2025 filings available

Refex Industries Limited reported revenue of ₹2,518.02 Cr (up 80% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹2,518.02 Cr ▲ 80%
Profit
***** ▲ 70%
EBITDA
***** ▲ 58%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Refex Industries Limited

Open charges
₹553.49 Cr
Satisfied charges
₹298.98 Cr
Breakdown by lending institutions
Others₹261.64 Cr
Hdfc Bank Limited₹127.57 Cr
Canara Bank₹65.08 Cr
Yes Bank Limited₹50.00 Cr
Union Bank of India₹37.48 Cr
Others₹11.72 Cr
Latest charge details
DateLenderAmountStatus
17 Nov 2025 Yes Bank Limited ₹50 Cr Open
07 Oct 2025 Hdfc Bank Limited ₹8.99 Lakh Open
11 Aug 2025 Canara Bank ₹65.08 Cr Open
23 May 2025 Others ₹50 Cr Open
23 Jan 2025 Axis Bank Limited ₹4.72 Cr Open

Total charge records: 38 View all charges

Employees and EPFO Compliance at Refex Industries Limited

View historical data on people associated with Refex Industries Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Refex Industries Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Refex Industries Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Refex Industries Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Refex Industries Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Refex Industries Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Refex Industries Limited

MSME Payment Delays by Refex Industries Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Refex Industries Limited

Subsidiaries & Group Companies of Refex Industries Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Refex Industries Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Refex Industries Limited

MCA Filings & Documents of Refex Industries Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Refex Industries Limited

Charges
17 Nov 2025
A charge with Yes Bank Limited amounted to Rs. 50.00 Cr with Charge ID 101187427 was registered on 17 Nov 2025.
Charges
30 Oct 2025
A charge with Canara Bank of Rs. 65.08 Cr registered on 11 Aug 2025 with Charge ID 101148846 was modified on 30 Oct 2025.
Charges
16 Oct 2025
A charge registered on 08 Dec 2021 via Charge ID 100512980 with Hdfc Bank Limited was fully satisfied on 16 Oct 2025.
Charges
09 Oct 2025
A charge with Others of Rs. 200.00 Cr registered on 05 Sep 2024 with Charge ID 100983281 was modified on 09 Oct 2025.
Charges
07 Oct 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101186626 was registered on 07 Oct 2025.
Charges
04 Oct 2025
A charge registered on 26 Dec 2023 via Charge ID 100839736 with Hdfc Bank Limited was fully satisfied on 04 Oct 2025.

Recent News on Refex Industries Limited

Refex Industries Q4 net profit grows 44% to ₹48 cr
24 Apr 2025 · Thehindubusinessline

Frequently Asked Questions about Refex Industries Limited

Refex Industries Limited is an active public limited company in the chemicals and materials sector based in Chennai, Tamil Nadu, India. It was incorporated on 13 September 2002 (24+ years old) and is registered under CIN L45200TN2002PLC049601. Listed on BSE: 532884 and NSE: REFEX. The company has 200 employees.

Refex Industries Limited reported revenue of ₹2,518.02 Cr for FY 2025 (up 80.00% YoY).

The current directors of Refex Industries Limited are:

The primary industry of Refex Industries Limited is chemicals and materials. The company specifically operates in industrial and specialty gases. The company is currently active in this sector.

Yes. Refex Industries Limited is listed on both BSE (code: 532884) and NSE (symbol: REFEX).

Refex Industries Limited can be reached at the registered office: 2Nd Floor No.313 Refex Towers, Sterling Road Valluvar Kottam High Road, Chennai, Tamil Nadu, India – 600034, or through the website refex.co.in.

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