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HomePRICE TARGETRefex Industries Share Price Target 2023, 2024, 2025, 2026 To 2030

Refex Industries Share Price Target 2023, 2024, 2025, 2026 To 2030

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Refex Industries Share Price Target: Hello, and welcome to this article. Today, we’ll review Refex Industries’s operations, how it earns profits, potential growth areas, and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Refex Industries shares.

In addition, after analyzing the company’s stock, we will share the results with you, so that you will have an idea about this stock.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss Refex Industries Share Price Target 2023, 2024, 2025, to 2030.

Before diving into Refex Industries stock price targets let’s look at the Refex Industries company background, the technical basics, fundamental analysis, shareholders, future potential, etc.

It will help you in making a final decision about your next investment. However, first, let’s examine the company’s history and its complete business structure.

What does the company do?

Refex Industries is a small cap company. The company refills re-refrigerant gas. It is an alternative to chlorofluorocarbons.

The company’s performance in the September quarter is 53.3 percent and the public’s share is 46.6 percent.

Refex Industries fundamental analysis

  • Market Cap ₹ 1,182 Cr.
  • Current Price ₹ 534
  • High / Low ₹ 924 / 220
  • Stock P/E 9.68
  • Book Value ₹ 161
  • Dividend Yield 0.37 %
  • ROCE 48.0 %
  • ROE 46.6 %
  • Face Value ₹ 10.0
  • Price to book value 3.33
  • Price to Earning 9.68
  • OPM 10.7 %
  • EPS ₹ 55.3
  • Debt ₹ 139 Cr.
  • Debt to equity 0.39
  • Return on equity 46.6 %
  • Return on assets 20.5 %

Refex Industries Share Price Target 2023

Refex Industries Share Price Target For 2023 As Follows:

20231st Target- Rs. 558
2nd Target- Rs.598

Refex Industries Share Price Target 2024

Refex Industries Share Price Target For 2024 As Follows:

20241st Target- Rs.618
2nd Target- Rs.632
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Refex Industries Share Price Target 2025

Refex Industries Share Price Target For 2025 As Follows:

20251st Target- Rs.715
2nd Target- Rs.732

Refex Industries Share Price Target 2026

Refex Industries Share Price Target For 2026 As Follows:

20251st Target- Rs.794
2nd Target- Rs.829

Refex Industries Share Price Target 2027

Refex Industries Share Price Target For 2027 As Follows:

20271st Target- Rs.872
2nd Target- Rs.908
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Refex Industries Share Price Target 2028

Refex Industries Share Price Target For 2028 As Follows:

20281st Target- Rs.984
2nd Target- Rs.1048

Refex Industries Share Price Target 2030

Refex Industries Share Price Target For 2030 As Follows:

20301st Target- Rs.1149
2nd Target- Rs.1214

Shareholding Pattern of Reflex Industries Ltd.

The percentage of promoters of the firm is 52.7 percent which means that they are of the opinion that the company will expand in the near future.

FII and DII holdings in the company are 0.07 percent and 0% which suggests that the company isn’t capable of attracting intelligent capital.

The company’s public holding is 42.23%, which is more than 10%. This can result in panic selling due to negative results on the market for shares.

Company’s business model

If you’re interested in investing in Refex Industries, it is worth checking out the company’s business model.

This can help you decide if it’s an appropriate option to make an investment. It’s recommended to look over the balance sheet before making a decision to invest.

The company’s business model is focused on re-filling HFC gases under the brand name REFEX. These gases are replacements for ozone-depleting CFCs and HCFCs. They are used in air conditioning and industrial refrigeration.

Refex also sells the gas in retail-sized cans, making it a more affordable option than larger cylinders.

Another key component of the company’s business model is coal and ash handling. This is a new business that the company began three years ago.

It now has nine customers. “Coal and ash handling is a huge market that was being served by the unorganized sector,” Jain said.

Company’s strategy

Refex Industries Ltd is a company that generates consistent profits and provides investors with a stable source of income.

This company has several business segments, including power trading, solar energy and refrigerant gases.

In addition, it has diversified into refrigerant gas manufacturing, a growing segment. It is expanding its retail networks and growing its capacity to satisfy the demands of customers.

Refex has an experienced management team and a well-defined strategy that focuses on building a strong brand image and improving financial sustainability.

The company is also aware of the various risks associated with its businesses and has a system in place that ensures optimum risk mitigation.

In addition, Refex has a dedicated legal department to oversee all risk management activities.

The goal of Refex’s top management is to create a culture of excellence and achieve success by establishing an innovative mindset and delivering out-of-the-box solutions coupled with positive financial sustainability.

In order to accomplish this, the company is focused on building a culture of transparency and open communication among employees.

This allows the company to develop a robust business strategy that is based on customer feedback and market insights.

The company has a solid raw rate of earnings growth and reasonable CEO compensation which suggests the company is conscious of frivolous spending. These factors make Refex a good choice for growth investors.

Company’s performance

Refex’s coal and ash handling business grew rapidly last year, and Jain expects this to continue. The company’s clients offered it 20-30 percent of ash, he said, and Refex hopes to increase that share.

The company has also partnered with several thermal plants, offering its technology-driven services and providing traceability of ash that is disposed of.

Refex’s profitability score is 66/100, and its solvency score is 70/100. The higher the profitability and solvency scores, the more profitable and solvent a company is.

Its profitability has grown dramatically over the past five years, and its profit after tax has risen from Rs 1 crore to Rs 116 crore.

This company is able to boast a strong balance sheet and is investing profits to increase its profits.

But, it’s important to examine the level of debt a company has in the context of earnings. If the company’s debt is high, it might face difficulties in servicing its debt. 

The company’s rate of growth in earnings is a positive indicator for investors.

Strong EPS growth is one of the most important factors for success in long-term investing, and Refex’s EPS has grown by 35% over the past year.

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Company’s overall outlook

This company is focusing on promoting eco-friendly refrigerants with their state-of-the-art technology to replace the CFCs and HCFCs that deplete the ozone layer.

The Company’s revenue has grown by 267%, and its EPS has jumped by 112%.

This year, the company has increased its refilling capacity by adding more cylinders, tonners, and filling lines.

It has also added a new warehouse in Thiruporur, which will make the supply chain more efficient. Moreover, the Company is investing heavily in employee engagement and has a strong focus on employee empowerment.

It also has a strong governance framework and manageable debt levels.

This company has an impressive EBIT growth rate, but it is still working to improve its free cash flow conversion.

This is a sign that the management team is committed to improving the company’s performance in the financial department.

It is a good idea to watch this stock closely, as it has the potential to grow significantly in the near future. This is an excellent investment opportunity for long-term investors.

However, it is important to remember that not all stocks are safe investments. Some of them may experience a temporary price decline.

Overall, Refex Industries Ltd is fundamentally and technically sound. The share of promoters held by the company will demonstrate that they are convinced that the company will continue to grow in the future.

Additionally, the numbers of balance sheets are good. The stock’s trend is showing strength in the upward direction. and it is possible that this will continue for a while.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

conclusion

This article is a complete guide to Refex Industries Share Price Target, where you can find out what Refex Industries is, its businesses, and Refex Industries Share Price Target 2023, 2024, 2025, to 2030.

Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about Refex Industries’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of Refex Industries so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

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