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Refex Industries Limited
Sector:Others Others - Miscella - Others
Market Lot: 1Face Value: 10ISIN Demat: INE056I01017
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Business Profile
Refex Refrigerants in engaged in the business of refilling and marketing non ozone depleting refrigerant gases popularly known as `HydrofluoroCarbons` or HFCs, which are used in auto air-conditioners, room air-conditioners, refrigerators and refrigerating equipments. Refex started off with the imports of refrigerant gas. As a part of their ambitious expansion drive, Refex forayed into refilling of HFC refrigerants that are eco-friendly by nature.

Presently the company has an installed capacity of refilling 40 MT per month of refrigerant gases on single shift basis. In view of the increasing demand of its products the company proposes to expand its operations further and increase the installed capacity to refilling 250 MT per month. The company has currently a de-bulking station at Thiruporur with a 20,000 liters storage tank and 18,000 liters transport tanks specially made for their products. Presently the company has a stock of 7500 cylinders and 80 tonners. The company is not involved in manufacture of any gases.

The company disclosed rise of 26.44% in standalone net profit on y-o-y basis to Rs 2.81 million, while total income climbed 39.60% y-o-y basis to Rs 59.44 million for the quarter ended June 2013.

In Brief

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