Refex Industries (BOM:532884) Scaled Net Operating Assets: N/A (As of Mar. 2026)

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BOM:532884 Refex Industries Ltd BOM:532884
87 GF Score
Price ₹317.20
GF Value ₹294.63
Valuation Fairly Valued
! 6 Warning Signs
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What is Refex Industries Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Refex Industries's operating assets for the quarter that ended in Mar. 2026 was ₹26,518 Mil. Refex Industries's operating liabilities for the quarter that ended in Mar. 2026 was ₹11,091 Mil. Refex Industries's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Refex Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

Refex Industries Scaled Net Operating Assets Historical Data

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The historical data trend for Refex Industries's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Refex Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.16 0.88 1.49 0.86

Refex Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.00 0.00 0.00 0.00 0.00

Refex Industries Scaled Net Operating Assets Competitor Comparison

For the Thermal Coal subindustry, Refex Industries's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Refex Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Refex Industries's Scaled Net Operating Assets falls into.


BOM:532884
87GF Score
Refex Industries Ltd BOM:532884
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Refex Industries Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Refex Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(26517.83-11090.752)/17991.897
=0.86

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28426.992 - 1909.162
=26517.83

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13341.196 - 840.61 - 1409.834
=11090.752

Refex Industries's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(26517.83-11090.752)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28426.992 - 1909.162
=26517.83

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13341.196 - 840.61 - 1409.834
=11090.752

* 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.

Is Refex Industries (BOM:532884) Overvalued in 2026?

Based on GuruFocus' analysis, Refex Industries stock appears to be overvalued. The current stock price of ₹317.20 is trading 7.7% above its estimated GF Value™ of ₹294.63. GuruFocus considers Refex Industries to be Fairly Valued.

Key valuation signals for BOM:532884:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹294.63 vs. price of ₹317.20 (7.7% above fair value)
  • GF Score™: 87/100 with 6 warning signs

No single metric tells the full story. See the BOM:532884 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Refex Industries Business Description

Other Exchanges REFEX: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.
87GF Score

Get the complete analysis for BOM:532884

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹317.20
Price
₹294.63
GF Value