About Refex Renewables & Infrastructure Limited
Data last updated: 23 December 2025
Refex Renewables & Infrastructure Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in solar energy solutions, a part of the broader environmental services sector. Incorporated on 04 August 1994, the company has been in operation for over 32 years.
Registered with ROC Chennai under CIN L40100TN1994PLC028263. Listed on BSE: 531260.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹4.5 Cr. Formerly known as Scanet Aqua Exports Limited and Scanet Exports Limited. It is led by directors including Talluri Jayanthi and Latha Venkatesh Venkatesh.
Last AGM: 18 September 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 ₹73.97 Cr, a decline of 11% compared to the previous year.
The company has a workforce of approximately 74 employees as per the latest available data. Its group structure includes 22 subsidiaries.
The company is associated with 2 brands - Sunedison Infrastructure, Refex Group. As per MCA filings, the company has open charges of ₹10.5 Cr and satisfied charges of ₹5.73 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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address2Nd Floor Refex Towers Sterling Road Signal, 313 Valluvar Kottam High Road, Chennai, Tamil Nadu, India – 600034
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IndustryEnvironment, Solar Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure Limited has undergone 5 name changes throughout its history. The current legal name is Refex Renewables & Infrastructure Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Refex Renewables & Infrastructure Limited | Current |
| Scanet Aqua Exports Limited | Previous |
| Scanet Exports Limited | Previous |
| Sunedison Infrastructure Limited | Previous |
| Vertical 7 Com Limited | Previous |
| Ykm Industries Limited | Previous |
CIN History of Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure Limited has one previous CIN (Corporate Identification Number): L05001TN1994PLC028263. The current CIN is L40100TN1994PLC028263, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40100TN1994PLC028263 | Current |
| L05001TN1994PLC028263 | Previous |
Associated Brands with Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure Limited operates two associated brands: SunEdison Infrastructure and Refex Group. These brands represent Refex Renewables & Infrastructure Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Solar products are manufactured and supplied by SunEdison in India. | sunedisoninfra.com | |
| Provider of refrigerator gas vertical | refex.co.in |
Competitors & Alternatives of Refex Renewables & Infrastructure Limited
Brands and companies operating in the same space as Refex Renewables & Infrastructure Limited include Servoteh, Borosil Renewables, SuKam Solar and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Servoteh
|
Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | Delhi, India, India | 2004 |
Borosil Renewables
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Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | Mumbai, India, India | 1962 |
SuKam Solar
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Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | Gurugram, India, India | 1998 |
Gautam Solar
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Manufactures solar modules and power plants with high-efficiency technology in India. | Delhi, India, India | 1997 |
Nessa
|
Offers solar consumer goods | Ahmedabad, India, India | 2008 |
HVR Solar
|
Manufactures solar panels, batteries, and modules for renewable energy solutions in India. | Delhi, India, India | 2016 |
Ksolare Energy
|
Manufactures solar inverters and EV chargers for renewable energy solutions. | Pune, India, India | 2012 |
KOSOL Energie
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Manufactures solar products, provides renewable energy systems, and offers EPC services internationally. | Ahmedabad, India, India | 2005 |
Dhash PV
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Provides comprehensive solutions for PV junction boxes, connectors, and cables for solar panels. | Bengaluru, India, India | 2017 |
Business Activity of Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure Limited is engaged in the principal business activity of construction, with detailed activities including roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | ********* |
Auditor Details of Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure Limited is audited by A B C D & Co. LLP (ICAI peer reviewed, certificate valid till 2028-02-29) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| A B C D & Co. LLP (ICAI peer reviewed, certificate valid till 2028-02-29) | FY 2026 | Statement on impact of audit qualification |
Board of Directors of Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Talluri Jayanthi
Also directs:
International Conveyors Limited, Som Datt Finance Corporation Ltd, Securekloud Technologies Limited and 2 more
|
Director | 14 Feb 2023 | 3 Years 4 Months | Current |
| Latha Venkatesh Venkatesh | Director | 14 Aug 2024 | 1 Years 10 Months | Current |
| Anil Jain | Director | 11 Feb 2019 | 7 Years 4 Months | Current |
| Dinesh Kumar Agarwal | Director | 01 Oct 2024 | 1 Years 9 Months | Current |
| Pillappan Amalanathan | Director | 16 Jun 2020 | 6 Years 0 Months | Current |
| Kalpesh Kumar | Managing Director | 26 Jul 2018 | 7 Years 11 Months | Current |
Financials of Refex Renewables & Infrastructure Limited FY 2026 filings available
Refex Renewables & Infrastructure Limited reported revenue of ₹66.47 Cr (down 2.24% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹66.47 Cr | ₹67.99 Cr | ₹76.09 Cr | ₹76.64 Cr | ₹53.5 Cr | ₹71.9 Cr | ₹62.61 Cr | ₹70.72 Cr |
| Other Income | ₹6.15 Cr | ₹5.98 Cr | ₹6.78 Cr | ₹20.09 Cr | ₹9.13 Cr | ₹12.46 Cr | ₹2.11 Cr | ₹3.36 Cr |
| Total Income | ₹72.62 Cr | ₹73.97 Cr | ₹82.87 Cr | ₹96.73 Cr | ₹62.63 Cr | ₹84.36 Cr | ₹64.73 Cr | ₹74.08 Cr |
| Cost of Materials Consumed | ₹3.28 Cr | ₹1.27 Cr | ₹5.56 Cr | ₹14.47 Cr | ₹12.59 Cr | ₹28.82 Cr | ₹48.01 Cr | ₹56.15 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹60 Lakh | ₹0 | ₹0 | ₹0 | -₹2.32 Cr | ₹2.76 Cr | -₹1.82 Cr | -₹1.69 Cr |
| Employee Benefit Expense | ₹12.15 Cr | ₹11.59 Cr | ₹11.16 Cr | ₹10.33 Cr | ₹17.98 Cr | ₹23.07 Cr | ₹7.3 Cr | ₹2.09 Cr |
| Finance Costs | ₹48.05 Cr | ₹43.18 Cr | ₹41.59 Cr | ₹34.7 Cr | ₹19.49 Cr | ₹13.99 Cr | ₹5.77 Cr | ₹5.85 Lakh |
| Depreciation & Amortisation | ₹19.56 Cr | ₹18.05 Cr | ₹17.64 Cr | ₹16.06 Cr | ₹17.06 Cr | ₹25.68 Cr | ₹4.26 Cr | ₹3.53 Lakh |
| Other Expenses | ₹23.75 Cr | ₹23.48 Cr | ₹26.48 Cr | ₹43.74 Cr | ₹41.88 Cr | ₹31.64 Cr | ₹20.56 Cr | ₹6.27 Cr |
| Total Expenses | ₹107.39 Cr | ₹97.57 Cr | ₹102.43 Cr | ₹119.3 Cr | ₹106.68 Cr | ₹125.96 Cr | ₹84.09 Cr | ₹62.91 Cr |
| Profit Before Exceptional Items & Tax | -₹34.77 Cr | -₹23.6 Cr | -₹19.56 Cr | -₹22.57 Cr | -₹44.05 Cr | -₹41.59 Cr | -₹19.36 Cr | ₹11.16 Cr |
| Exceptional Items | ₹0 | ₹91 Lakh | ₹11.24 Cr | ₹0 | ₹11.61 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹34.77 Cr | -₹22.69 Cr | -₹8.32 Cr | -₹22.57 Cr | -₹32.44 Cr | -₹41.59 Cr | -₹19.36 Cr | ₹11.16 Cr |
| Total Tax Expense | ₹8.19 Cr | ₹13.7 Cr | ₹26.1 Cr | ₹7.51 Cr | ₹4.49 Cr | -₹14.85 Cr | ₹2.21 Cr | ₹50.37 Lakh |
| Net Profit | -₹42.96 Cr | -₹36.39 Cr | -₹34.42 Cr | -₹30.08 Cr | -₹36.93 Cr | -₹26.75 Cr | -₹21.57 Cr | ₹10.66 Cr |
| attributable to Owners | -₹42.02 Cr | -₹36.31 Cr | -₹24.71 Cr | -₹23.38 Cr | -₹32.49 Cr | -₹27.66 Cr | -₹21.37 Cr | ₹0 |
| attributable to NCI | -₹94 Lakh | -₹8 Lakh | -₹9.71 Cr | -₹6.71 Cr | -₹4.45 Cr | ₹91.53 Lakh | -₹20.61 Lakh | ₹0 |
| Other Comprehensive Income | ₹20 Lakh | -₹11 Lakh | ₹11 Lakh | -₹8 Lakh | -₹3 Lakh | ₹18.03 Lakh | ₹7.13 Lakh | ₹22,000 |
| Total Comprehensive Income | -₹42.76 Cr | -₹36.5 Cr | -₹34.31 Cr | -₹30.16 Cr | -₹36.96 Cr | -₹26.57 Cr | -₹21.5 Cr | ₹10.66 Cr |
| EBITDA (computed) | ₹32.84 Cr | ₹37.63 Cr | ₹39.67 Cr | ₹28.19 Cr | -₹7.5 Cr | -₹1.92 Cr | -₹9.32 Cr | ₹11.26 Cr |
| Basic EPS | ₹-95.27 | ₹-81.26 | ₹-76.42 | ₹-67.18 | ₹-82.31 | ₹-59.17 | ₹-47.89 | ₹17.19 |
| Diluted EPS | ₹-95.27 | ₹-81.26 | ₹-76.42 | ₹-67.18 | ₹82.31 | ₹-59.17 | ₹-47.89 | ₹17.19 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹517.3 Cr | ₹517.35 Cr | ₹510.14 Cr | ₹602.69 Cr | ₹552.83 Cr | ₹389.75 Cr | ₹308.1 Cr | ₹74.38 Lakh Cr |
| Non-current Assets | ₹490.78 Cr | ₹479.51 Cr | ₹476.42 Cr | ₹504.62 Cr | ₹447.17 Cr | ₹257.12 Cr | ₹218.69 Cr | ₹22.86 Lakh Cr |
| Current Assets | ₹26.52 Cr | ₹37.84 Cr | ₹33.72 Cr | ₹98.07 Cr | ₹105.66 Cr | ₹132.64 Cr | ₹89.42 Cr | ₹51.53 Lakh Cr |
| Property, Plant & Equipment | ₹401.91 Cr | ₹411.56 Cr | ₹415.92 Cr | ₹130.26 Cr | ₹130.92 Cr | ₹128.22 Cr | ₹115.78 Cr | ₹43,211 Cr |
| Inventories | ₹1.66 Cr | ₹1.01 Cr | ₹64 Lakh | ₹7.65 Cr | ₹3.22 Cr | ₹7.6 Cr | ₹9.41 Cr | ₹751,457 Cr |
| Trade Receivables | ₹3.9 Cr | ₹5.81 Cr | ₹6.88 Cr | ₹63.65 Cr | ₹62.8 Cr | ₹65.52 Cr | ₹50.88 Cr | ₹13.54 Lakh Cr |
| Cash & Equivalents | ₹5.85 Cr | ₹11.69 Cr | ₹7 Cr | ₹7.55 Cr | ₹10.94 Cr | ₹11.49 Cr | ₹1.33 Cr | ₹515,833 Cr |
| Equity (Net Worth) | -₹81.52 Cr | -₹46.95 Cr | ₹7.65 Cr | ₹41.39 Cr | ₹68.88 Cr | ₹178.46 Cr | ₹111.97 Cr | ₹12.24 Lakh Cr |
| Equity Share Capital | ₹4.5 Cr | ₹4.5 Cr | ₹4.49 Cr | ₹4.49 Cr | ₹4.49 Cr | ₹4.49 Cr | ₹4.49 Cr | ₹448,990 Cr |
| Borrowings (Non-current) | ₹453.74 Cr | ₹440.57 Cr | ₹388.31 Cr | ₹447.73 Cr | ₹306.92 Cr | ₹131.28 Cr | ₹101.65 Cr | ₹491,404 Cr |
| Borrowings (Current) | ₹32.67 Cr | ₹32.1 Cr | ₹30.34 Cr | ₹26.51 Cr | ₹26.17 Cr | ₹15.24 Cr | ₹6.97 Cr | ₹19.04 Lakh Cr |
| Total Debt (computed) | ₹486.41 Cr | ₹472.67 Cr | ₹418.65 Cr | ₹474.24 Cr | ₹333.09 Cr | ₹146.52 Cr | ₹108.62 Cr | ₹23.96 Lakh Cr |
| Current Liabilities | ₹87.59 Cr | ₹72.36 Cr | ₹75.5 Cr | ₹98.8 Cr | ₹157.22 Cr | ₹60.51 Cr | ₹61.53 Cr | ₹50.47 Lakh Cr |
| Total Liabilities | ₹598.82 Cr | ₹564.3 Cr | ₹502.49 Cr | ₹561.3 Cr | ₹483.95 Cr | ₹211.29 Cr | ₹196.13 Cr | ₹62.15 Lakh Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹15.86 Cr | ₹27.02 Cr | ₹120.5 Cr | -₹54.58 Cr | ₹84.27 Cr |
| Investing Cash Flow | ₹2.19 Cr | -₹40 Cr | -₹14.5 Cr | -₹73.62 Cr | -₹158.59 Cr |
| Financing Cash Flow | -₹23.89 Cr | ₹17.67 Cr | -₹106.55 Cr | ₹124.81 Cr | ₹73.77 Cr |
| Capital Expenditure | ₹5.74 Cr | ₹13 Cr | ₹15.57 Cr | ₹72.52 Cr | ₹233.24 Cr |
| Free Cash Flow (computed) | ₹10.12 Cr | ₹14.02 Cr | ₹104.93 Cr | -₹127.1 Cr | -₹148.97 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹2 Lakh | ₹0 | ₹0 |
| Net Change in Cash | -₹5.84 Cr | ₹4.69 Cr | -₹55 Lakh | -₹3.39 Cr | -₹55 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹19.35 Cr | ₹16.1 Cr | ₹14.28 Cr | ₹16.74 Cr | ₹20.07 Cr | ₹15.9 Cr | ₹14 Cr | ₹18.01 Cr |
| Other Income | ₹99 Lakh | ₹2.41 Cr | ₹86 Lakh | ₹1.89 Cr | ₹4.91 Cr | ₹36 Lakh | ₹38 Lakh | ₹34 Lakh |
| Total Income | ₹20.34 Cr | ₹18.51 Cr | ₹15.14 Cr | ₹18.63 Cr | ₹24.98 Cr | ₹16.26 Cr | ₹14.38 Cr | ₹18.35 Cr |
| Cost of Materials Consumed | ₹2.04 Cr | ₹80 Lakh | ₹23 Lakh | ₹21 Lakh | ₹42 Lakh | ₹29 Lakh | ₹34 Lakh | ₹21 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹3 Lakh | ₹12 Lakh | ₹51 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.66 Cr | ₹3.55 Cr | ₹3.43 Cr | ₹2.5 Cr | ₹3.51 Cr | ₹2.91 Cr | ₹2.77 Cr | ₹2.4 Cr |
| Finance Costs | ₹12.32 Cr | ₹12.83 Cr | ₹11.54 Cr | ₹11.36 Cr | ₹11.64 Cr | ₹10.85 Cr | ₹10.39 Cr | ₹10.3 Cr |
| Depreciation & Amortisation | ₹4.99 Cr | ₹4.98 Cr | ₹4.94 Cr | ₹4.65 Cr | ₹4.59 Cr | ₹4.51 Cr | ₹4.52 Cr | ₹4.43 Cr |
| Other Expenses | ₹6.06 Cr | ₹5.45 Cr | ₹6.9 Cr | ₹5.34 Cr | ₹5.83 Cr | ₹5.13 Cr | ₹5.94 Cr | ₹6.58 Cr |
| Total Expenses | ₹28.04 Cr | ₹27.73 Cr | ₹27.55 Cr | ₹24.06 Cr | ₹25.99 Cr | ₹23.69 Cr | ₹23.96 Cr | ₹23.92 Cr |
| Profit Before Exceptional Items & Tax | -₹7.7 Cr | -₹9.22 Cr | -₹12.41 Cr | -₹5.43 Cr | -₹1.01 Cr | -₹7.43 Cr | -₹9.58 Cr | -₹5.57 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹91 Lakh | ₹0 | ₹0 |
| Profit Before Tax | -₹7.7 Cr | -₹9.22 Cr | -₹12.41 Cr | -₹5.43 Cr | -₹1.01 Cr | -₹6.52 Cr | -₹9.58 Cr | -₹5.57 Cr |
| Total Tax Expense | ₹2.39 Cr | ₹1.81 Cr | ₹1.91 Cr | ₹2.08 Cr | ₹4.01 Cr | ₹3.65 Cr | ₹3.11 Cr | ₹2.93 Cr |
| Net Profit | -₹10.09 Cr | -₹11.03 Cr | -₹14.32 Cr | -₹7.51 Cr | -₹5.02 Cr | -₹10.17 Cr | -₹12.69 Cr | -₹8.5 Cr |
| attributable to Owners | -₹9.96 Cr | -₹10.61 Cr | - | -₹7.57 Cr | -₹4.72 Cr | ₹0 | -₹12.71 Cr | -₹8.59 Cr |
| attributable to NCI | -₹13 Lakh | -₹42 Lakh | - | ₹6 Lakh | -₹30 Lakh | ₹0 | ₹2 Lakh | ₹9 Lakh |
| Other Comprehensive Income | ₹25 Lakh | -₹2 Lakh | ₹0 | -₹3 Lakh | -₹8 Lakh | -₹1 Lakh | -₹1 Lakh | -₹1 Lakh |
| Total Comprehensive Income | -₹9.84 Cr | -₹11.05 Cr | -₹14.32 Cr | -₹7.54 Cr | -₹5.1 Cr | -₹10.18 Cr | -₹12.7 Cr | -₹8.51 Cr |
| EBITDA (computed) | ₹9.61 Cr | ₹8.59 Cr | ₹4.07 Cr | ₹10.58 Cr | ₹15.22 Cr | ₹7.93 Cr | ₹5.33 Cr | ₹9.16 Cr |
| Basic EPS | ₹-21.89 | ₹24.58 | ₹-31.89 | ₹16.78 | ₹-11.35 | ₹-22.67 | ₹-28.28 | ₹-18.94 |
| Diluted EPS | ₹-21.89 | ₹24.58 | ₹-31.89 | ₹16.78 | ₹-11.35 | ₹-22.67 | ₹-28.28 | ₹-18.94 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Commercial and Industrial | ₹16.6 Cr | -₹63 Lakh | ₹417.93 Cr | ₹459.43 Cr |
| Compressed Bio Gas | ₹2.51 Cr | -₹2.44 Cr | ₹22.28 Cr | ₹11.82 Cr |
| Others | ₹24 Lakh | ₹54 Lakh | ₹3.81 Cr | ₹1.56 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Commercial and Industrial | ₹60.43 Cr | -₹12.02 Cr | - | - |
| Compressed Bio Gas | ₹5.05 Cr | -₹5.51 Cr | - | - |
| Others | ₹99 Lakh | ₹2.39 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹9.9 Cr | ₹18.76 Cr | ₹20.6 Cr | ₹35.32 Cr | ₹83.97 Cr | ₹65.11 Cr | ₹49.93 Cr | ₹57.45 Cr |
| Other Income | ₹3.05 Cr | ₹1.77 Cr | ₹1.01 Cr | ₹6.45 Cr | ₹5.52 Cr | ₹9.81 Cr | ₹78.51 Lakh | ₹1.05 Cr |
| Total Income | ₹12.95 Cr | ₹20.53 Cr | ₹21.61 Cr | ₹41.77 Cr | ₹89.49 Cr | ₹74.92 Cr | ₹50.72 Cr | ₹58.51 Cr |
| Cost of Materials Consumed | ₹4.95 Cr | ₹12.74 Cr | ₹11.91 Cr | ₹31.36 Cr | ₹78.66 Cr | ₹54.95 Cr | ₹44.86 Cr | ₹57.55 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹45 Lakh | ₹2.54 Cr | -₹1.63 Cr | -₹1.69 Cr |
| Employee Benefit Expense | ₹8.61 Cr | ₹8.93 Cr | ₹8.73 Cr | ₹8.57 Cr | ₹7.15 Cr | ₹14.28 Cr | ₹5.24 Cr | ₹3.84 Lakh |
| Finance Costs | ₹7.98 Cr | ₹4.5 Cr | ₹4.08 Cr | ₹6.79 Cr | ₹1.55 Cr | ₹2.12 Cr | ₹2.1 Cr | ₹6.43 Lakh |
| Depreciation & Amortisation | ₹28 Lakh | ₹19 Lakh | ₹27 Lakh | ₹38 Lakh | ₹42 Lakh | ₹39.48 Lakh | ₹12.66 Lakh | ₹1.16 Lakh |
| Other Expenses | ₹3.14 Cr | ₹3.32 Cr | ₹3.75 Cr | ₹8.07 Cr | ₹7.48 Cr | ₹10.4 Cr | ₹13.52 Cr | ₹1.88 Cr |
| Total Expenses | ₹24.96 Cr | ₹29.68 Cr | ₹28.74 Cr | ₹55.17 Cr | ₹95.71 Cr | ₹84.68 Cr | ₹64.22 Cr | ₹57.85 Cr |
| Profit Before Exceptional Items & Tax | -₹12.01 Cr | -₹9.15 Cr | -₹7.13 Cr | -₹13.4 Cr | -₹6.22 Cr | -₹9.76 Cr | -₹13.5 Cr | ₹65.32 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹12.01 Cr | -₹9.15 Cr | -₹7.13 Cr | -₹13.4 Cr | -₹6.22 Cr | -₹9.76 Cr | -₹13.5 Cr | ₹65.32 Lakh |
| Total Tax Expense | -₹1 Lakh | ₹4 Lakh | -₹10 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹49.73 Lakh |
| Net Profit | -₹12 Cr | -₹9.19 Cr | -₹7.03 Cr | -₹13.4 Cr | -₹6.22 Cr | -₹9.76 Cr | -₹13.5 Cr | ₹15.59 Lakh |
| Other Comprehensive Income | ₹17 Lakh | -₹13 Lakh | ₹6 Lakh | -₹9 Lakh | ₹0 | ₹17.32 Lakh | ₹0 | ₹0 |
| Total Comprehensive Income | -₹11.83 Cr | -₹9.32 Cr | -₹6.97 Cr | -₹13.49 Cr | -₹6.22 Cr | -₹9.59 Cr | -₹13.5 Cr | ₹15.59 Lakh |
| EBITDA (computed) | -₹3.75 Cr | -₹4.46 Cr | -₹2.78 Cr | -₹6.23 Cr | -₹4.25 Cr | -₹7.24 Cr | -₹11.27 Cr | ₹72.91 Lakh |
| Basic EPS | ₹-26.67 | ₹-20.74 | ₹-15.52 | ₹-30.04 | ₹-13.85 | ₹-21.35 | ₹-3.01 | ₹0.35 |
| Diluted EPS | ₹-26.67 | ₹-20.74 | ₹-15.52 | ₹-30.04 | ₹-13.85 | ₹-21.35 | ₹-3.01 | ₹0.35 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹41.93 Cr | ₹26.76 Cr | ₹14.74 Cr | ₹43.15 Cr | ₹97.81 Cr | ₹111.24 Cr | ₹77.83 Cr | ₹17.74 Lakh Cr |
| Non-current Assets | ₹6.79 Cr | ₹7.47 Cr | ₹7.12 Cr | ₹9.58 Cr | ₹29.78 Cr | ₹30.93 Cr | ₹13.84 Cr | ₹591,181 Cr |
| Current Assets | ₹35.14 Cr | ₹19.29 Cr | ₹7.62 Cr | ₹33.57 Cr | ₹68.03 Cr | ₹80.3 Cr | ₹63.99 Cr | ₹11.83 Lakh Cr |
| Property, Plant & Equipment | ₹49 Lakh | ₹49 Lakh | ₹48 Lakh | ₹59 Lakh | ₹76 Lakh | ₹92.38 Lakh | ₹1.07 Cr | ₹675.11 Cr |
| Inventories | ₹0 | ₹0 | ₹2 Lakh | ₹4.81 Cr | ₹0 | ₹78.3 Lakh | ₹3.32 Cr | ₹169,155 Cr |
| Trade Receivables | ₹65 Lakh | ₹34 Lakh | ₹40 Lakh | ₹23.34 Cr | ₹4.26 Cr | ₹19.46 Cr | ₹24.46 Cr | ₹571,320 Cr |
| Cash & Equivalents | ₹2 Lakh | ₹5.69 Cr | ₹12 Lakh | ₹10 Lakh | ₹99 Lakh | ₹96.27 Lakh | ₹8.44 Lakh | ₹8,169 Cr |
| Equity (Net Worth) | -₹64.69 Cr | -₹52.94 Cr | -₹44.35 Cr | -₹38.05 Cr | -₹24.63 Cr | -₹18.41 Cr | -₹8.83 Cr | ₹467,329 Cr |
| Equity Share Capital | ₹4.5 Cr | ₹4.5 Cr | ₹4.49 Cr | ₹4.49 Cr | ₹4.49 Cr | ₹4.49 Cr | ₹4.49 Cr | ₹448,990 Cr |
| Borrowings (Non-current) | ₹75.76 Cr | ₹59.47 Cr | ₹41.01 Cr | ₹59.45 Cr | ₹20.35 Cr | ₹25.7 Cr | ₹16.43 Cr | ₹469,382 Cr |
| Borrowings (Current) | ₹7.48 Cr | ₹2.01 Cr | ₹2.19 Cr | ₹2.19 Cr | ₹40.46 Cr | ₹16.6 Cr | ₹4.84 Cr | ₹657,826 Cr |
| Total Debt (computed) | ₹83.24 Cr | ₹61.48 Cr | ₹43.2 Cr | ₹61.64 Cr | ₹60.81 Cr | ₹42.3 Cr | ₹21.27 Cr | ₹11.27 Lakh Cr |
| Current Liabilities | ₹30.38 Cr | ₹19.63 Cr | ₹17.36 Cr | ₹20.45 Cr | ₹98.46 Cr | ₹97.93 Cr | ₹62.32 Cr | ₹711,270 Cr |
| Total Liabilities | ₹106.62 Cr | ₹79.7 Cr | ₹59.09 Cr | ₹81.2 Cr | ₹122.44 Cr | ₹129.65 Cr | ₹86.66 Cr | ₹13.07 Lakh Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹9.45 Cr | -₹6.54 Cr | ₹18.56 Cr | -₹56.61 Cr | -₹17.8 Cr |
| Investing Cash Flow | -₹16.69 Cr | -₹5.9 Cr | -₹8 Lakh | ₹60.04 Cr | ₹98 Lakh |
| Financing Cash Flow | ₹20.56 Cr | ₹18.01 Cr | -₹18.46 Cr | -₹4.32 Cr | ₹16.85 Cr |
| Capital Expenditure | ₹23 Lakh | ₹14 Lakh | ₹8 Lakh | ₹11 Lakh | ₹16 Lakh |
| Free Cash Flow (computed) | -₹9.68 Cr | -₹6.68 Cr | ₹18.48 Cr | -₹56.72 Cr | -₹17.96 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹5.58 Cr | ₹5.57 Cr | ₹2 Lakh | -₹89 Lakh | ₹3 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2.12 Cr | ₹1.9 Cr | ₹1.88 Cr | ₹4 Cr | ₹1.96 Cr | ₹6.7 Cr | ₹3.65 Cr | ₹6.44 Cr |
| Other Income | ₹71 Lakh | ₹61 Lakh | ₹33 Lakh | ₹1.4 Cr | ₹1.7 Cr | ₹0 | ₹4 Lakh | ₹3 Lakh |
| Total Income | ₹2.83 Cr | ₹2.51 Cr | ₹2.21 Cr | ₹5.4 Cr | ₹3.66 Cr | ₹6.7 Cr | ₹3.69 Cr | ₹6.47 Cr |
| Cost of Materials Consumed | ₹87 Lakh | ₹83 Lakh | ₹53 Lakh | ₹2.72 Cr | ₹89 Lakh | ₹5.49 Cr | ₹2.11 Cr | ₹4.25 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.45 Cr | ₹2.54 Cr | ₹2.71 Cr | ₹1.91 Cr | ₹2.78 Cr | ₹2.13 Cr | ₹2.18 Cr | ₹1.83 Cr |
| Finance Costs | ₹2.44 Cr | ₹2.29 Cr | ₹1.7 Cr | ₹1.55 Cr | ₹1.32 Cr | ₹1.11 Cr | ₹1.05 Cr | ₹1.02 Cr |
| Depreciation & Amortisation | ₹7 Lakh | ₹8 Lakh | ₹7 Lakh | ₹6 Lakh | ₹6 Lakh | ₹1 Lakh | ₹6 Lakh | ₹6 Lakh |
| Other Expenses | ₹86 Lakh | ₹72 Lakh | ₹92 Lakh | ₹64 Lakh | ₹77 Lakh | ₹91 Lakh | ₹83 Lakh | ₹81 Lakh |
| Total Expenses | ₹5.69 Cr | ₹6.46 Cr | ₹5.93 Cr | ₹6.88 Cr | ₹5.82 Cr | ₹9.65 Cr | ₹6.23 Cr | ₹7.97 Cr |
| Profit Before Exceptional Items & Tax | -₹2.86 Cr | -₹3.95 Cr | -₹3.72 Cr | -₹1.48 Cr | -₹2.16 Cr | -₹2.95 Cr | -₹2.54 Cr | -₹1.5 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹2.86 Cr | -₹3.95 Cr | -₹3.72 Cr | -₹1.48 Cr | -₹2.16 Cr | -₹2.95 Cr | -₹2.54 Cr | -₹1.5 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | -₹1 Lakh | ₹4 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹2.86 Cr | -₹3.95 Cr | -₹3.72 Cr | -₹1.47 Cr | -₹2.2 Cr | -₹2.95 Cr | -₹2.54 Cr | -₹1.5 Cr |
| Other Comprehensive Income | ₹23 Lakh | -₹2 Lakh | -₹1 Lakh | -₹3 Lakh | -₹9 Lakh | -₹1 Lakh | -₹2 Lakh | -₹1 Lakh |
| Total Comprehensive Income | -₹2.63 Cr | -₹3.97 Cr | -₹3.73 Cr | -₹1.5 Cr | -₹2.29 Cr | -₹2.96 Cr | -₹2.56 Cr | -₹1.51 Cr |
| EBITDA (computed) | -₹35 Lakh | -₹1.58 Cr | -₹1.95 Cr | ₹13 Lakh | -₹78 Lakh | -₹1.83 Cr | -₹1.43 Cr | -₹42 Lakh |
| Basic EPS | ₹-6.35 | ₹8.78 | ₹-8.29 | ₹-3.34 | ₹-5.09 | ₹-6.59 | ₹-5.69 | ₹-3.37 |
| Diluted EPS | ₹-6.35 | ₹8.78 | ₹-8.29 | ₹-3.34 | ₹-5.09 | ₹-6.59 | ₹-5.69 | ₹-3.37 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Commercial and Industrial | ₹2.12 Cr | -₹88 Lakh | ₹6.67 Cr | ₹92.78 Cr |
| Others (Residual) | ₹0 | ₹0 | ₹2.79 Cr | ₹3.43 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Commercial and Industrial | ₹9.89 Cr | -₹1.65 Cr | - | - |
| Others (Residual) | ₹1 Lakh | ₹42 Lakh | - | - |
Shareholding Pattern of Refex Renewables & Infrastructure Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 74.87%, retail and other public shareholders hold 25.13% of Refex Renewables & Infrastructure Limited. The company had 2,824 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.87% | 74.87% | 74.89% | 74.89% | 74.89% | 74.97% |
| Public | 25.13% | 25.13% | 25.11% | 25.11% | 25.11% | 25.03% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 74.87% | 74.89% | 75.00% |
| Public | 25.13% | 25.11% | 25.00% |
| Promoter change (YoY, %pts) | -0.02 | -0.11 | - |
Group Structure of Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure Limited has 22 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Refex Renewables & Infrastructure Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sil Mercury Solar Private Limited | U39000TN2020PTC136949 | - |
| Stpl Horticulture Private Limited | U40100TN2015PTC103281 | - |
| Engender Developers Private Limited | U40100TN2016PTC112403 | - |
| Sei Tejas Private Limited | U40101TN2013FTC094224 | - |
| Swelter Energy Private Limited | U40102KA2015PTC083352 | - |
| Sourashakthi Energy Private Limited | U40104KA2015PTC081039 | - |
Showing major subsidiaries. Total: 22.
Charges & Borrowings of Refex Renewables & Infrastructure Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2024 | Others | ₹10.5 Cr | Open |
| 12 Feb 1997 | Bank of India | ₹5.4 Cr | Satisfied |
| 10 Jun 1995 | Bank of India | ₹33 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure Limited has a workforce of 74 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Refex Renewables & Infrastructure Limited
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GST Compliance of Refex Renewables & Infrastructure Limited
GSTIN & GST Filing Data of Refex Renewables & Infrastructure Limited
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Credit Ratings, Litigation & Regulatory Alerts for Refex Renewables & Infrastructure Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Refex Renewables & Infrastructure Limited
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MSME Payment Delays by Refex Renewables & Infrastructure Limited
MSME Payment Delays by Refex Renewables & Infrastructure Limited
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Subsidiaries & Group Companies of Refex Renewables & Infrastructure Limited
Subsidiaries & Group Companies of Refex Renewables & Infrastructure Limited
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MCA Filings & Documents of Refex Renewables & Infrastructure Limited
MCA Filings & Documents of Refex Renewables & Infrastructure Limited
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Recent Activity on Refex Renewables & Infrastructure Limited
Recent News on Refex Renewables & Infrastructure Limited
Frequently Asked Questions about Refex Renewables & Infrastructure Limited
Refex Renewables & Infrastructure Limited is an active public limited company in the environment sector based in Chennai, Tamil Nadu, India. It was incorporated on 04 August 1994 (32+ years old) and is registered under CIN L40100TN1994PLC028263. Listed on BSE: 531260. The company has 74 employees.
Refex Renewables & Infrastructure Limited reported revenue of ₹73.97 Cr for FY 2025 (down 11.00% YoY).
The current directors of Refex Renewables & Infrastructure Limited are:
The primary industry of Refex Renewables & Infrastructure Limited is environment. The company specifically operates in solar energy solutions. The company is currently active in this sector.
Yes. Refex Renewables & Infrastructure Limited is listed on BSE with code 531260.
Refex Renewables & Infrastructure Limited can be reached at the registered office: 2Nd Floor Refex Towers Sterling Road Signal, 313 Valluvar Kottam High Road, Chennai, Tamil Nadu, India – 600034, or through the website refex.co.in.