REFEX NSE filing

Refex Industries Q1 FY27 Revenue Jumps 76.4% to ₹619.3 Cr, PAT Up 122.8%

The RealCase readHigh impact Positive

Refex Industries reported Q1 FY27 unaudited results with Revenue from Operations at ₹619.3 crore (up 76.4% YoY) and PAT at ₹73.6 crore (up 122.8% YoY). EBITDA increased by 166.0% to ₹105.4 crore. The company secured new Ash & Coal Handling orders worth ₹279 crore and commenced wind turbine deliveries.

Why it matters

The significant double-digit percentage increase in key financial metrics like revenue and profit, coupled with new order wins and progress in a new business vertical, is expected to have a substantial positive impact on the company's performance and market perception.

The market read

The company has shown strong year-on-year growth in revenue, EBITDA, and profit after tax, along with securing new orders and making progress in its wind energy business.

Refex Industries Limited announced its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27). The company reported a significant year-on-year growth, with Revenue from Operations reaching ₹619.3 crore, an increase of 76.4% compared to Q1 FY26. Profit After Tax (PAT) saw a substantial rise of 122.8%, standing at ₹73.6 crore for the quarter, with a PAT margin of 11.9%. EBITDA also grew by 166.0% to ₹105.4 crore, representing a margin of 17.0% for Q1 FY27.

The company's Ash & Coal Handling business secured new orders worth ₹279 crore, contributing to the strong operational performance. In the Wind Business segment, Refex Industries delivered its first 5.3 MW wind turbine for Torrent's Koppal project and commenced deliveries to other customers. Management highlighted that the integrated, technology-led business model continues to strengthen client relationships and improve operational accountability, supported by favorable government policies driving long-term growth.

Mr. Anil Jain, Chairman & Managing Director, expressed confidence in capturing future growth opportunities across environmental services, renewable energy, and sustainable mobility. He noted the successful transition of the Wind Energy business into an active execution phase, which is expected to enhance return ratios and the quality of earnings.

Filing to action

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Refex Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Refex Industries Limited. Read the original for the full detail.

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