Refex Industries Limited (NSE: REFEX)

Refex Industries Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	36.8	330.79	102.34	9.9	172.46	209.56
Short-Term Investments	-	317.06	243.87	277.47	5.43	5.95
Cash & Short-Term Investments	36.8	647.85	346.21	287.37	177.89	215.51
Cash Growth	-72.40%	87.13%	20.47%	61.55%	-17.46%	456.31%
Accounts Receivable	5,484	3,451	2,812	1,164	929.58	722.73
Other Receivables	-	48.89	66.73	-	32.71	20.96
Receivables	5,484	3,969	3,347	1,631	1,428	743.8
Inventory	117.98	72.31	108.14	74.65	54.86	31.83
Prepaid Expenses	-	17.76	12.14	7.97	2.03	0.63
Other Current Assets	1,676	313.95	1,449	133.72	45.98	79.68
Total Current Assets	7,315	5,021	5,263	2,135	1,709	1,071
Property, Plant & Equipment	2,581	2,109	1,500	853.72	867.83	219.37
Long-Term Investments	483.12	737.61	737.53	740	740	-
Goodwill	0.05	0.05	-	-	-	-
Other Intangible Assets	17.69	18.31	0.47	0.52	-	-
Long-Term Deferred Tax Assets	78.79	46	19.23	10	26.45	18.36
Other Long-Term Assets	72.38	48.2	3.58	70.58	70	70
Total Assets	10,548	7,980	7,523	3,809	3,413	1,379
Accounts Payable	1,227	543.3	1,926	772.54	1,004	412.02
Accrued Expenses	-	330.3	548.15	233.34	33.39	40.35
Short-Term Debt	-	483.21	252.5	117.94	0.2	17.19
Current Portion of Long-Term Debt	651.48	158.8	161.22	22.56	-	-
Current Portion of Leases	134.8	122.31	26.16	107.18	108.63	11.62
Current Income Taxes Payable	-	179.69	242.5	78.81	118.43	11.77
Current Unearned Revenue	0.31	0.02	-	-	-	-
Other Current Liabilities	830.19	121.29	163.63	25.93	26.24	5.92
Total Current Liabilities	2,844	1,939	3,320	1,358	1,291	498.87
Long-Term Debt	656.16	529.6	404.58	10.26	0.9	-
Long-Term Leases	914.51	851.7	649.76	593.06	631.81	61.4
Other Long-Term Liabilities	18.24	6.44	3.51	3.63	91.81	58.48
Total Liabilities	4,433	3,333	4,379	1,970	2,018	621.15
Common Stock	241.42	231.36	221.07	210.02	210.02	154.75
Additional Paid-In Capital	-	1,177	558.45	425.85	425.85	232.41
Retained Earnings	-	3,248	2,364	1,204	759.77	371.39
Comprehensive Income & Other	5,873	-0.75	0.04	0.01	-0.52	-0.53
Total Common Equity	6,115	4,656	3,144	1,840	1,395	758.03
Minority Interest	-	-8.86	-	-	-	-
Shareholders' Equity	6,115	4,647	3,144	1,840	1,395	758.03
Total Liabilities & Equity	10,548	7,980	7,523	3,809	3,413	1,379
Total Debt	2,357	2,146	1,494	851.01	741.54	90.21
Net Cash (Debt)	-2,320	-1,498	-1,148	-563.63	-563.65	125.31
Net Cash Growth	-	-	-	-	-	259.19%
Net Cash Per Share	-20.18	-13.47	-10.65	-5.37	-5.98	1.62
Filing Date Shares Outstanding	119.47	115.68	110.54	105.01	105.01	77.38
Total Common Shares Outstanding	119.47	115.68	110.54	105.01	105.01	77.38
Working Capital	4,471	3,082	1,943	776.22	418.41	572.58
Book Value Per Share	51.18	40.25	28.44	17.52	13.29	9.80
Tangible Book Value	6,097	4,637	3,143	1,839	1,395	758.03
Tangible Book Value Per Share	51.04	40.09	28.44	17.51	13.29	9.80
Land	-	340.33	340.33	90.05	90.05	90.05
Buildings	-	358.85	358.85	26	26	26
Machinery	-	521.45	222.36	124.08	70.05	59.38
Construction In Progress	-	86.11	32.48	3.95	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.