Revised Media Release on Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 26 May 2026, 06:59 PM IST · BSE ID: e4352ca5-4588-4ec0-80e6-9eda61ca7ccc
View Original BSE Filing (PDF)
💡
In Simple Terms
Refex Industries corrected its financial results, showing profit and revenue for Q4 and FY26 in crores, not lakhs.
🤖 AI Summary
- Refex Industries reported revised audited financial results for Q4 and FY26.
- Q4 FY26 Revenue from Operations was ₹701.03 crores, a 17.92% increase year-over-year.
- Q4 FY26 Profit After Tax (PAT) stood at ₹93.73 crores, up 66.91% year-over-year.
- For the full FY26, PAT was ₹247.19 crores, growing 34.67% from FY25.
- The revised filing corrected a typographical error of 'Lakhs' to 'Crores' in the previous media release.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations Q4 FY26
701.03 crores
17.92%
EBITDA Q4 FY26
141.15 crores
128.84%
Profit After Tax Q4 FY26
93.73 crores
66.91%
Revenue from Operations FY26
2,039.20 crores
-9.75%
EBITDA FY26
350.02 crores
68.46%
Profit After Tax FY26
247.19 crores
34.67%
🏢 How This Affects the Company
The Ash & Coal Handling business maintained operational momentum, with an order book of nearly INR 1,500 crore as of March 31, 2026. The Wind Energy business commenced WTG deliveries in Q4 FY26, contributing INR 233 crores.
Revenue from Operations for Q4 FY26 increased to ₹701.03 crores, while full-year FY26 revenue was ₹2,039.20 crores. Q4 FY26 EBITDA margin improved to 20.13% from 10.38% in Q4 FY25, and PAT margin rose to 13.37% from 9.45%.
Operational highlights include improved execution and fleet utilization in Ash & Coal Handling and active execution in Wind Energy. The company also received ALMM approval for its 5.3MW wind turbine platform during the year.
👥 What This Means For Shareholders
✅
Action Required
No immediate action required by shareholders based on this filing.
👤
Who Is Affected
All existing shareholders are affected by the revised financial performance data, which provides an updated view of the company's profitability and operational efficiency for Q4 and FY26.
🔍
Management Signal
The management's revised media release indicates a commitment to accuracy in financial reporting and transparency, promptly correcting a material typographical error.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — monitor sustenance of revenue and profitability growth.
Updates on the Mobility demerger progress and timelines.
Details on new order wins in the Ash & Coal Handling business.
LOW RISK
The filing primarily corrects a typographical error and presents strong financial results.
💡 Investor Takeaway
Refex Industries reported Q4 FY26 PAT of ₹93.73 crores, up 66.91% YoY, and full-year FY26 PAT of ₹247.19 crores, up 34.67% YoY. Revenue from operations for Q4 FY26 reached ₹701.03 crores, a 17.92% YoY increase.
⚖️ Strengths & Concerns
✅ Positives
- Q4 FY26 Profit After Tax (PAT) increased by 66.91% year-over-year to ₹93.73 crores.
- FY26 EBITDA rose by 68.46% to ₹350.02 crores, demonstrating improved operating efficiencies.
⚠️ Concerns
- Revenue from Operations for FY26 decreased by 9.75% year-over-year to ₹2,039.20 crores from ₹2,259.43 crores.
- Full-year FY26 PBT was ₹334.66 crores, which is lower than the sum of quarterly PBT figures presented in the filing.
📅 Company Track Record
Previous filings on May 26, 2026, also reported Q4 and FY26 results. The current filing specifically revises the media release to correct a unit error from 'Lakhs' to 'Crores', clarifying the reported financial figures for Refex Industries.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Refex Industries' Profit After Tax (PAT) for Q4 FY26?
Refex Industries reported a Profit After Tax (PAT) of ₹93.73 crores for Q4 FY26, representing a 66.91% increase year-over-year.
What was Refex Industries' Revenue from Operations for Q4 FY26?
The Revenue from Operations for Refex Industries in Q4 FY26 was ₹701.03 crores, an increase of 17.92% compared to Q4 FY25.
What was Refex Industries' full-year FY26 Profit After Tax (PAT)?
Refex Industries' full-year FY26 Profit After Tax (PAT) stood at ₹247.19 crores, showing a 34.67% growth from FY25.
What was the reason for the revised media release by Refex Industries?
The revised media release was issued to correct an inadvertent typographical error in the original release, where financial figures were stated as 'Lakhs' instead of 'Crores'.
What is the order book value for Refex Industries' Ash & Coal Handling business?
The Ash & Coal Handling business had an order book standing at nearly INR 1,500 crore as on March 31, 2026.
Questions based on this BSE filing only. For information purposes.