Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Refex Renewables & Infrastructure Ltd. specializes in real estate development and a range of infrastructure projects. The company's operations are divided into distinct segments: Engineering, Procurement and Construction (EPC) for Rural applications, EPC for Commercial and Industrial (C&I) sectors, and an 'Others' category. Within the EPC-Rural division, the company handles the provision, setup, activation, and ongoing servicing of solar water pumps and home energy systems. Correspondingly, the EPC-Commercial and Industrial (C&I) segment is dedicated to the supply, installation, commissioning, and maintenance of both ground-mounted and rooftop solar power facilities. Established in 1959, the firm's main offices are situated in Chennai, India.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is of fair value on EV/EBITDA.