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Earnings · Industrial · Small cap

Refex Industries posts 35% annual profit growth to ₹247 crore

The company reported a 67% jump in Q4 profit, meeting market expectations for the fiscal year ended March 31, 2026.

1 earlier story on Refex Industries Ltd.
Mkt cap₹4,066 cr
P/E25.28×
ROE13.06%
Debt / eq.0.14
₹247.19 cr Standalone net profit for FY26, a 35% year-on-year increase.

What's new

  • Standalone net profit grew 35% to ₹247.19 crore for FY26.
  • Q4 profit rose 67% compared to the same period last year.
  • The board recommended a final dividend of ₹1 per share.

Why this matters

These results confirm the company's growth trajectory but offer no surprises. The numbers were anticipated by the market, making this a routine validation of prior guidance rather than a catalyst for a new narrative.

What we're watching

  • Management commentary on sustaining the 67% quarterly growth rate.
  • The record date for the proposed ₹1 per share dividend.
  • Any updates on capital allocation plans for the new fiscal year.

The full read

Refex Industries closed FY26 with a standalone net profit of ₹247.19 crore, a 35% increase over the prior year. The performance was anchored by a 67% surge in profit during the final quarter.

Growth is clear.

These figures confirm a period of strong operational expansion, yet they contain no material surprises or shifts in strategy that the market had not already priced in following earlier disclosures. The board has proposed a final dividend of ₹1 per share. This is a routine filing that marks the conclusion of the fiscal year without introducing new variables for investors to consider. It is a quiet end to a growth-heavy year.

Questions answered

What was the annual profit growth for Refex Industries?
The company reported a standalone net profit of ₹247.19 crore for the fiscal year ended March 31, 2026, a 35% increase over the previous year.
How did the company perform in the final quarter?
Q4 profit increased by 67% year-on-year, reflecting strong operational performance during the period.
What dividend did the board recommend?
The board recommended a final dividend of ₹1 per share for the fiscal year.
Are there any new strategic developments in this filing?
No. The filing is a routine release of audited financial results that were anticipated by the market.
Mentioned: Refex Industries · FY26
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on REFEX →
  1. 26 May 2026 · 12:58 PM IST Refex Industries posts 35% annual profit growth to ₹247 crore
  2. today Refex Industries profit jumps 35% as margins widen