Mega Flex Plastics Ltd
₹ 55.6
-2.37%
10 Jun
3:44 p.m.
About
Incorporated in 2003, Mega Flex Plastics
Ltd is in the business of manufacturing
Leno bags[1]
Key Points
- Market Cap ₹ 67.5 Cr.
- Current Price ₹ 55.6
- High / Low ₹ 75.0 / 34.0
- Stock P/E 19.7
- Book Value ₹ 45.5
- Dividend Yield 0.00 %
- ROCE 9.25 %
- ROE 6.76 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.06% over last 3 years.
- Earnings include an other income of Rs.2.21 Cr.
- Working capital days have increased from 88.3 days to 167 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
35.82 | 31.50 | 29.49 | 46.47 | 52.69 | 48.40 | 60.31 | |
32.43 | 29.78 | 28.26 | 43.16 | 50.89 | 48.81 | 57.06 | |
Operating Profit | 3.39 | 1.72 | 1.23 | 3.31 | 1.80 | -0.41 | 3.25 |
OPM % | 9.46% | 5.46% | 4.17% | 7.12% | 3.42% | -0.85% | 5.39% |
1.90 | 1.94 | 1.59 | 0.91 | 1.70 | 2.74 | 2.21 | |
Interest | 0.16 | 0.14 | 0.07 | 0.04 | 0.05 | 0.07 | 0.16 |
Depreciation | 0.84 | 0.70 | 0.55 | 0.47 | 0.52 | 0.61 | 0.71 |
Profit before tax | 4.29 | 2.82 | 2.20 | 3.71 | 2.93 | 1.65 | 4.59 |
Tax % | 26.11% | 22.34% | 41.82% | 28.30% | 26.62% | 16.97% | 25.27% |
3.18 | 2.20 | 1.29 | 2.66 | 2.15 | 1.37 | 3.43 | |
EPS in Rs | 18.12 | 12.54 | 7.35 | 15.16 | 2.00 | 1.28 | 2.83 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 9% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 12% |
TTM: | 1459% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 63% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 4% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 1.75 | 1.75 | 1.75 | 1.75 | 10.75 | 10.75 | 12.13 |
Reserves | 23.08 | 25.35 | 26.64 | 29.30 | 34.03 | 35.45 | 43.10 |
0.56 | 0.26 | 0.41 | 0.00 | 0.00 | 0.00 | 1.26 | |
4.02 | 2.64 | 3.20 | 3.10 | 2.47 | 1.62 | 3.11 | |
Total Liabilities | 29.41 | 30.00 | 32.00 | 34.15 | 47.25 | 47.82 | 59.60 |
6.66 | 6.01 | 5.57 | 5.65 | 5.98 | 5.77 | 7.58 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 7.28 | 10.17 | 6.40 | 8.77 | 4.61 | 5.41 | 14.08 |
15.47 | 13.82 | 20.03 | 19.73 | 36.66 | 36.64 | 37.94 | |
Total Assets | 29.41 | 30.00 | 32.00 | 34.15 | 47.25 | 47.82 | 59.60 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
-2.70 | -0.60 | 3.81 | 4.46 | -5.12 | -2.02 | -3.59 | |
2.34 | 1.05 | -4.09 | -2.45 | 4.65 | 1.06 | -9.42 | |
-0.13 | -0.35 | 0.11 | -0.45 | 11.35 | -0.07 | 6.65 | |
Net Cash Flow | -0.49 | 0.11 | -0.16 | 1.57 | 10.87 | -1.03 | -6.36 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 5.30 | 1.04 | 9.16 | 4.32 | 1.39 | 10.48 | 8.05 |
Inventory Days | 55.02 | 60.44 | 57.08 | 35.30 | |||
Days Payable | 1.64 | 4.67 | 1.18 | 1.38 | |||
Cash Conversion Cycle | 5.30 | 1.04 | 9.16 | 57.70 | 57.16 | 66.39 | 41.97 |
Working Capital Days | 38.01 | 43.68 | 89.24 | 40.53 | 45.30 | 52.49 | 167.22 |
ROCE % | 10.24% | 7.34% | 11.53% | 6.57% | 0.70% | 9.25% |
Documents
Announcements
-
Notice Of Shareholders Meetings-XBRL
29 May 2025 - MEGA FLEX PLASTICS LIMITED has informed about Notice of Shareholders Meeting for Postal Ballot
-
Shareholders meeting
29 May 2025 - Postal ballot for approval of related party transactions up to INR 5000 Lakhs for FY 2025-26.
-
Outcome of Board Meeting
24 May 2025 - Approved audited FY25 results with Rs.458.62L profit; auditor unmodified opinion; auditor appointments; policy updates.
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
24 May 2025 - MEGA FLEX PLASTICS LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Outcome of Board Meeting
24 May 2025 - Approved FY25 audited results; appointed secretarial and internal auditors; re-designated compliance officers.
Product Profile:[1]
a) Leno Bags:[2]
Leno bags are a cost-effective, water
and moisture resistant for packing, storing
& preserving vegetables like potato, onion,
ginger, garlic, cabbage etc. and fruits like pineapple, citrus fruits, raw mango, coco
nut etc. The Leno bags have widths
between 20 cm to 72 cm
b) Polypropylene Woven Fabric:[3]
It is a lightweight, strong, and resistant
to chemicals used as an essential component
in agriculture, packaging, and construction
c) Twisted Sutli:[4]
It is manufactured from Polypropylene
Granules and are mainly used for tying and stitchin bags