Refex Industries Limited — PPTs, 28-02-2025: Investor Presentation

Refex Industries Limited is continuing its focus on sustainability and innovation across several business verticals. The company operates within Ash & Coal Handling, Green Mobility, Refrigerant Gases, and Power Trading, marking strong financial performances in FY24 and 9M FY25.

**Financial Highlights:** For FY24, total revenue reached ₹1,389 Cr, with an EBITDA of ₹149 Cr and PAT of ₹101 Cr, reflecting robust operational efficiency. Segment-wise, Ash & Coal Handling dominated with revenues of ₹1,643.88 Cr, making up 89.35% of total revenue, while the Refrigerant Gas segment contributed ₹44.99 Cr.

**Strategic Initiatives and Growth Drivers:** Refex emphasizes innovation by expanding its Green Mobility division, which includes an EV fleet, and aims to enhance market penetration across various states. Plans are underway to increase capacity in ash handling and explore international markets.

**Business Developments:** The company plans organic expansion for its EV services, targeting a fleet of 5,000 vehicles by FY27.

**Market Position and Competitive Advantage:** Refex’s strong presence in sustainability sectors provides an edge, aligning with the growing demand for eco-friendly solutions in India.

**Investor Implications:** With a positive outlook fueled by strategic expansions and a focus on innovative solutions, Refex positions itself well for future growth.