Risk factor
Meaningful price volatility
Profitability factor
Strong margins and returns
About
Refex Industries Limited, an Indian firm, specializes in the responsible handling and disposal of fly ash generated by power plants. Its diversified operations encompass several key areas: the management of coal and ash, the generation and related activities concerning solar power, and the production, refilling, and distribution of refrigerant gases, alongside a broader segment for service provision. A significant aspect of its business involves refilling hydrofluorocarbons (HFCs), which are vital for air conditioning units in both vehicles and homes, as well as various refrigeration systems. Furthermore, the company is engaged in producing and supplying solar electricity, trading in coal and solar accessories, and offering specialized services such as coal crushing and extensive coal yard management. The company, established in 2002 and headquartered in Chennai, India, was originally known as Refex Refrigerants Limited until it adopted its current name, Refex Industries Limited, in November 2013.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair value on