Refex Industries (NSE:REFEX) Interest Expense: ₹-358 Mil (TTM As of Mar. 2026)


NSE:REFEX Refex Industries Ltd NSE:REFEX
88 GF Score
Price ₹348.95
GF Value ₹294.35
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Refex Industries Interest Expense?

Refex Industries NSE:REFEX +3.21% 88 Interest Expense is ₹-358 Mil as of Mar. 2026. GuruFocus rates NSE:REFEX with a GF Score™ of 88/100 and a GF Value™ of ₹294.35 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Refex Industries's interest expense for the three months ended in Mar. 2026 was ₹ -101 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-358 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Refex Industries's Operating Income for the three months ended in Mar. 2026 was ₹ 1,542 Mil. Refex Industries's Interest Expense for the three months ended in Mar. 2026 was ₹ -101 Mil. Refex Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 15.19. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Refex Industries  (NSE:REFEX) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Refex Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-101 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹1,542 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹841 Mil.

Refex Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1541.905/-101.494
=15.19

* 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.

The higher the ratio, the stronger the company's financial strength is.

Refex Industries Interest Expense Historical Data

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The historical data trend for Refex Industries's Interest Expense 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 Interest Expense Chart

Refex Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -92.40 -92.44 -171.98 -177.35 -320.75

Refex Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -51.53 -99.29 -66.15 -91.42 -101.49
NSE:REFEX
88GF Score
Refex Industries Ltd NSE:REFEX
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Refex Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-358 Mil.

* 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 Interest Expense →
What does a Interest Expense of ₹-358 Mil mean?
Refex Industries (NSE:REFEX) has a Interest Expense of ₹-358 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Refex Industries and its competitors.
Is Refex Industries' Interest Expense too high?
Refex Industries' current Interest Expense is ₹-358 Mil. Overall, Refex Industries has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Refex Industries' Interest Expense compare to competitors?
Refex Industries' Interest Expense of ₹-358 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Other Energy Sources company?
A good Interest Expense depends on the Other Energy Sources industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Refex Industries and its competitors. Refex Industries's current Interest Expense is ₹-358 Mil. 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 Overvalued. The stock's GF Value™ is ₹294.35, compared to a current price of ₹348.95 — trading 18.5% above its estimated fair value. The current Interest Expense is ₹-358 Mil. Refex Industries' overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Refex Industries (NSE:REFEX), the current Interest Expense is ₹-358 Mil as of Mar. 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 overvalued. The current stock price of ₹348.95 is trading 18.5% above its estimated GF Value™ of ₹294.35. GuruFocus considers Refex Industries to be Modestly Overvalued.

Key valuation signals for NSE:REFEX:

  • Interest Expense: ₹-358 Mil
  • GF Value™: ₹294.35 vs. price of ₹348.95 (18.5% above fair value)
  • GF Score™: 88/100 with 6 warning signs

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.
88GF Score

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

₹348.95
Price
₹294.35
GF Value