Refex Industries Limited — Q1FY27 earnings call summary

Filed 04 August 2026 · Official transcript

Ash and coal handling volume 65,000-70,000 tons/day; target ~90,000 tons/day by Q4 FY27
Q1 FY27 standalone revenue INR619 Cr +76% y-y; EBITDA INR105 Cr; EBITDA margin 17%; PAT INR73.6 Cr +123% y-y; PAT margin 11.9%
Wind business revenue ~INR295 Cr in Q1; full year target INR1,700-1,800 Cr; net margin guidance 5-6% by FY27 end
Localization of wind turbine components underway; 85% localization expected in 12 months, margin expansion anticipated from FY28
Mobility business demerger progressing; expected completion post Q3 FY27