Shares of Indian Refrigrant Gas Manufacturer Refex Industries (NSE: Refex) Have Provided An Astonishing 11,000% RETURN Over The Past 10 Years.
This impressive performance has seen the stock price from design ₹ 1.37 Per Share A DeCade Ago to ₹ 151.8 Per Share as of Friday.
This means that an inverted of ₹ 1 lakh in refex data 10 years old now be word more than 1 crade.
Refex Industries, Forerserly Known As Refex Refrigrant LTD, WAS Founded in 2002.
Initially, The Company was Engaged in the Business of Refilling Non-Ozone DEFRIGERANT GASES, Known As Hydrofluorocarbons (HFCS), Which are used in a Ir Conditioners, Refrigrators, and Refrigrating Equipment.
The Company Launches ITS Public Offer in Jury 2007 and Got Liseted on the Bombay Stock Exchange (BSE), With a Total Turnover of ₹ 51.41 Crore for the Year Ended MARCH 31, 2007.Bangalore Investment
In 2018, Refex Industries Ventured Into Fly AND Coal Handling Services for thermal Power Plants.
This strategic move saw the stock price grow approximately 21 timeS to ₹ 30 per shan.Lucknow Wealth Management
Continuing its diversification, The Small-CAP Company Entened the Power-TRADINGINESS in 2022 and Set Up A Green Mobility in 2023.
This breakning of Business Operations Has Been A Key Factor in the Company ’s Impressive 11,000% RETURN Over The Past Decade.Jaipur Investment
RefEx Industries Currently Operates Refilling Facilities in Chennai and Tamil Nadu, with addu,
For the March Quarter of 2023-24, The Company Reported A Total Income of ₹ 345.7 Crore. The Total Income for the Full Fiscal Year Was ₹ 1,388.84 Crore.
The company ’s eBitda for the last quarter of fy24 was ₹ 43.5 crore, with an eBitda margin of 12.89%.
For the Entire Fiscal Year, The EBITDA Amount to ₹ 148.75 Crore, Achieving A Margin of 10.85%.Chennai Investment
The Company ’s Profit After Tax (PAT) for The March Quarter Was ₹ 35.76 Crore, While The Full Fiscal Pat Reached ₹ 100.95 Crore, Reflecting a Pat Margin of 7.27%.
Promoters Hold a Majority Stake of 55.3% in Refex Industries, with Public Shareholders owning the remaining 44.7%.Agra Stock
Refex Industries ’Diversification Into New Business SUCH As Fly ASH and Coal Handling Services, Power Trading BUTED to its extraordinary Growth.
AdDitionally, The Company ’s Focus On SUPPLING Environment-Friendly HFC Refrigrant Gases Positions Position Plane Player In India.
The Strategic Expansion and Diversification has not only boosted the company ’s revenue and profitability but have attributing ites market public.
This multifaceted Approach has enabled refex foundries to capitalize on emerging oppointunities and drive substantial shareholder value.
Looking ahead, Refex Industries is Well-Positiond to Continue Its Growth Trajectory.
The Company ’s Ability to Adapt and Diversify its Business Operations has ben a critical factor in its success.
As it Continues to Explore New Opportunities and Expand Its Market Presence, Refex Industries is Likely to Remain A Strong Performr in the Indian Stock Market.
Jaipur Wealth Management