Refex Industries Q4 FY26: Revenue ₹701 Cr, EBITDA ₹141 Cr, PAT ₹94 Cr
Refex Industries reported Q4 FY26 revenue of ₹701.03 Cr (up 17.92% YoY), EBITDA of ₹141.15 Cr, and PAT of ₹93.73 Cr. FY26 revenue reached ₹2,039.20 Cr, with EBITDA at ₹350 Cr and PAT at ₹245 Cr. The Ash & Coal Handling order book is ₹1,500 Cr. Wind Energy contributed ₹233 Cr in Q4.
The announcement details significant financial performance improvements and strategic business developments, which are material to investors and stakeholders.
The company reported strong year-on-year growth in revenue, EBITDA, and PAT for both the quarter and the full financial year, along with a healthy order book and positive commentary from the Chairman.
Refex Industries Limited announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The company reported revenue from operations of ₹701.03 crores for Q4 FY26, marking a 17.92% year-on-year increase. EBITDA for the quarter stood at ₹141.15 crores, with a margin of 20.13%, and profit after tax (PAT) was ₹93.73 crores, representing a margin of 13.37%.
For the full financial year FY26, Refex Industries recorded revenue from operations of ₹2,039.20 crores. The company's EBITDA for FY26 was ₹350 crores, and PAT was ₹245 crores. These results were driven by strong execution across businesses and improving operating efficiencies.
The Ash & Coal Handling business demonstrated healthy operational momentum with improved execution and fleet utilization, resulting in an order book of nearly ₹1,500 crores as of March 31, 2026. The Wind Energy business entered its active execution phase, with WTG deliveries commencing in Q4 FY26, contributing ₹233 crores to the revenue during the quarter. The 5.3 MW wind turbine platform gained customer traction, and ALMM approval was received during the year. The company also highlighted continued focus on working capital discipline, prudent capital allocation, and improving revenue quality. The mobility demerger is progressing as planned, with the business achieving approximately ₹100 crores in turnover within three years of operations.
Mr. Anil Jain, Chairman & Managing Director, stated that FY26 was a significant year of strategic transition and execution, strengthening the company's presence in core and emerging businesses. He expressed confidence in the company's well-positioned status for sustained long-term growth momentum.
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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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