Refex Industries (NSE:REFEX) EBITDA Margin %: 12.38% (As of Jun. 2026) — 14% Above Median

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NSE:REFEX Refex Industries Ltd NSE:REFEX
95 GF Score
Price ₹296.70
GF Value ₹388.01
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Refex Industries EBITDA Margin %?

Refex Industries NSE:REFEX +1.30% 95 EBITDA Margin % is 12.38% as of Jun. 2026, which is 14% above its 10-year median of 10.85. GuruFocus rates NSE:REFEX with a GF Score™ of 95/100 and a GF Value™ of ₹388.01 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 130 Other Energy Sources companies, Refex Industries ranks better than 63.08% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Refex Industries's EBITDA for the three months ended in Jun. 2026 was ₹1,135 Mil. Refex Industries's Revenue for the three months ended in Jun. 2026 was ₹9,163 Mil. Therefore, Refex Industries's EBITDA margin for the quarter that ended in Jun. 2026 was 12.38%.


Refex Industries  (NSE:REFEX) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Refex Industries EBITDA Margin % Related Terms


Refex Industries EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Refex Industries's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Refex Industries EBITDA Margin % Chart

Refex Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.09 10.66 11.04 12.15 18.44

Refex Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.10 17.73 16.59 16.93 12.38

Refex Industries EBITDA Margin % Competitor Comparison

For the Thermal Coal subindustry, Refex Industries's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Refex Industries EBITDA Margin % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Refex Industries's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Refex Industries's EBITDA Margin % falls into.


NSE:REFEX
95GF Score
Refex Industries Ltd NSE:REFEX
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Refex Industries EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Refex Industries's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=4195.428/22754.37
=18.44 %

Refex Industries's EBITDA Margin % for the quarter that ended in Jun. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=1134.699/9163.051
=12.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 12.38% mean?
Refex Industries (NSE:REFEX) has a EBITDA Margin % of 12.38% as of Jun. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Refex Industries and its competitors. This is 14% above median its historical median of 10.85. Over the past decade, Refex Industries' EBITDA Margin % has ranged from 4.76 to 18.44. According to the industry distribution chart, Refex Industries ranks #48 out of 130 companies in the Other Energy Sources industry, placing it in the top 36.9%.
Is Refex Industries' EBITDA Margin % too high?
Refex Industries' current EBITDA Margin % of 12.38% is 14% above median its 10-year median of 10.85. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 18.44. The Other Energy Sources industry median EBITDA Margin % is 10.88. Refex Industries' value of 12.38% is 13.8% above this industry median. Based on the distribution chart, Refex Industries ranks #48 out of 130 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Refex Industries has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Refex Industries' EBITDA Margin % compare to competitors?
According to the Other Energy Sources industry distribution chart, Refex Industries ranks #48 out of 130 companies for EBITDA Margin %. This puts Refex Industries in the upper half of its industry. The industry median EBITDA Margin % is 10.88. Refex Industries' value of 12.38% is 13.8% above this benchmark. Historically, Refex Industries' own EBITDA Margin % has ranged from 4.76 to 18.44 over the past decade. While the company's 10-year median is 10.85 vs. the industry median of 10.88, Refex Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Other Energy Sources company?
The median EBITDA Margin % among Other Energy Sources companies is 10.88, based on 130 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Refex Industries's current EBITDA Margin % of 12.38% is 13.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Refex Industries and its competitors. For the Other Energy Sources industry, the median EBITDA Margin % is 10.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refex Industries's current EBITDA Margin % is 12.38%, which is 14% above median its own 10-year median of 10.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refex Industries stock overvalued right now?
Based on GuruFocus' analysis, Refex Industries (NSE:REFEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹388.01, compared to a current price of ₹296.70 — trading 23.5% below its estimated fair value. The current EBITDA Margin % is 12.38%, which is 14% above median its 10-year median of 10.85 and 13.8% above the Other Energy Sources industry median of 10.88. Refex Industries' overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Refex Industries (NSE:REFEX), the current EBITDA Margin % is 12.38% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Refex Industries (NSE:REFEX) Overvalued in 2026?

Based on GuruFocus' analysis, Refex Industries stock appears to be undervalued. The current stock price of ₹296.70 is trading 23.5% below its estimated GF Value™ of ₹388.01. GuruFocus considers Refex Industries to be Modestly Undervalued.

Key valuation signals for NSE:REFEX:

  • EBITDA Margin %: 12.38% (14% above median its 10-year median of 10.85)
  • GF Value™: ₹388.01 vs. price of ₹296.70 (23.5% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 13.8% above the Other Energy Sources median (#48 of 130)

No single metric tells the full story. See the NSE:REFEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Refex Industries Business Description

Other Exchanges 532884:India
Address Refex Building, 67, Bazullah Road, Parthasarathy Puram, T Nagar, Chennai, TN, IND, 600017
Refex Industries Ltd is a manufacturer and refiller of refrigerant gases. The company's operating segment includes Coal & Ash Handling Business, Solar Power - Generation and Related Activities, Refrigerant Gas- (Refilling) and Sales, Sale Of Services, Power Trading, and Others. Geographically, the business activities are operated throughout the region of India.
95GF Score

Get the complete analysis for NSE:REFEX

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹296.70
Price
₹388.01
GF Value