Refex Renewables & Infrastructure Ltd

Refex Renewables & Infrastructure Ltd (SUNEDISONINFRASTRUCTURELTD) is a micro-cap Industrials company valued at ₹159 crore operating in Construction on the NSE and BSE.

Recent price move

Refex Renewables & Infrastructure Ltd last traded at ₹357.95, modestly up 0.99% on the day.

Recent developments

On 2026-06-30, the company reported a net loss of ₹43 crore for the fiscal year ending March 2026, widening from a loss of ₹36 crore in the previous year. The latest quarter ended June 2026 showed a net loss of ₹3 crore, narrowing from ₹8 crore in the same quarter a year earlier.

Financial performance

The company's business is shrinking, with annual revenue falling 3.0% to ₹65 crore. However, the latest quarter saw revenue rise 32.6% year-over-year to ₹22 crore, while the net loss narrowed from ₹8 crore to ₹3 crore. The net profit margin worsened to -66.2% from -53.7% in the prior year, indicating declining profitability despite revenue growth.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at -0.72 times book value.

Things to watch

The company reported a net loss of ₹43 crore for the latest fiscal year, widening from a loss of ₹36 crore. The net profit margin deteriorated to -66.2%, a 12.4 percentage point decline from the prior year. The latest quarter's net loss of ₹3 crore, while narrower than the year-ago loss of ₹8 crore, still reflects ongoing unprofitability.

Where it stands

The company ended its latest fiscal year with a net loss of ₹43 crore, a widening from the previous year's loss of ₹36 crore. The latest quarter showed a narrowing loss to ₹3 crore, but the net profit margin remains at -66.2%, reflecting persistent challenges in profitability. The stock is at its 52-week high, with no distance below it.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.