Mega Flex Plastics Ltd

Mega Flex Plast. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mega Flex Plastics Ltd

₹ 127 -4.98%
01 Jun - close price
megaflex.co.in NSE - SME: MEGAFLEX
About

Incorporated in 2003, Mega Flex Plastics
Ltd is in the business of manufacturing
Leno bags[1]

Key Points

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

Website NSE - SM
  • Market Cap ₹ 154 Cr.
  • Current Price ₹ 127
  • High / Low ₹ 155 / 43.5
  • Stock P/E 21.2
  • Book Value ₹ 51.5
  • Dividend Yield 0.00 %
  • ROCE 16.2 %
  • ROE 12.4 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 44.1% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 6.58% over last 3 years.
  • Working capital days have increased from 99.2 days to 166 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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Part of Nifty SME Emerge

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Half Yearly Results

Figures in Rs. Crores

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
20.03 26.44 21.17 31.51 23.57 24.83 17.28 43.03 29.38 48.70
19.09 23.74 20.42 30.17 24.44 24.36 17.88 39.18 28.40 41.62
Operating Profit 0.94 2.70 0.75 1.34 -0.87 0.47 -0.60 3.85 0.98 7.08
OPM % 4.69% 10.21% 3.54% 4.25% -3.69% 1.89% -3.47% 8.95% 3.34% 14.54%
0.23 0.34 0.60 1.16 1.04 1.70 1.33 0.88 1.66 0.91
Interest 0.03 0.01 0.03 0.02 0.05 0.02 0.10 0.06 0.06 0.03
Depreciation 0.24 0.20 0.25 0.27 0.23 0.38 0.35 0.36 0.36 0.46
Profit before tax 0.90 2.83 1.07 2.21 -0.11 1.77 0.28 4.31 2.22 7.50
Tax % 25.56% 25.09% 25.23% 23.08% 0.00% 15.82% 25.00% 25.29% 25.23% 25.07%
0.67 2.12 0.79 1.70 -0.11 1.48 0.21 3.22 1.66 5.62
EPS in Rs 3.82 12.08 0.74 1.58 -0.10 1.38 0.20 2.65 1.37 4.63
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
35.82 31.50 29.49 46.47 52.69 48.40 60.31 78.08
32.43 29.78 28.26 43.16 50.89 48.81 57.06 70.00
Operating Profit 3.39 1.72 1.23 3.31 1.80 -0.41 3.25 8.08
OPM % 9.46% 5.46% 4.17% 7.12% 3.42% -0.85% 5.39% 10.35%
1.90 1.94 1.59 0.91 1.70 2.74 2.21 2.56
Interest 0.16 0.14 0.07 0.04 0.05 0.07 0.16 0.10
Depreciation 0.84 0.70 0.55 0.47 0.52 0.61 0.71 0.83
Profit before tax 4.29 2.82 2.20 3.71 2.93 1.65 4.59 9.71
Tax % 26.11% 22.34% 41.82% 28.30% 26.62% 16.97% 25.27% 25.13%
3.18 2.20 1.29 2.66 2.15 1.37 3.43 7.27
EPS in Rs 18.12 12.54 7.35 15.16 2.00 1.28 2.83 5.99
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 22%
3 Years: 14%
TTM: 29%
Compounded Profit Growth
10 Years: %
5 Years: 44%
3 Years: 60%
TTM: 168%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 50%
1 Year: 123%
Return on Equity
10 Years: %
5 Years: 6%
3 Years: 7%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 1.75 1.75 1.75 1.75 10.75 10.75 12.13 12.13
Reserves 23.08 25.35 26.64 29.30 34.03 35.45 43.10 50.34
0.56 0.26 0.41 0.00 0.00 0.00 1.26 1.95
4.02 2.64 3.20 3.10 2.47 1.62 3.10 8.80
Total Liabilities 29.41 30.00 32.00 34.15 47.25 47.82 59.59 73.22
6.66 6.01 5.57 5.65 5.98 5.77 7.58 7.95
CWIP 0.00 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 33.09
15.47 13.82 20.03 19.73 36.66 36.64 37.93 32.18
Total Assets 29.41 30.00 32.00 34.15 47.25 47.82 59.59 73.22

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-2.70 -0.60 3.81 4.46 -5.12 -2.02 -3.59 17.62
2.34 1.05 -4.09 -2.45 4.65 1.06 -9.42 -18.41
-0.13 -0.35 0.11 -0.45 11.35 -0.07 6.65 0.60
Net Cash Flow -0.49 0.11 -0.16 1.57 10.87 -1.03 -6.36 -0.19
Free Cash Flow -3.36 -0.64 4.25 3.90 -5.97 -2.42 -6.11 16.41
CFO/OP -46% 3% 385% 166% -243% 422% -76% 248%

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 5.30 1.04 9.16 4.32 1.39 10.48 8.05 1.96
Inventory Days 55.02 60.44 57.08 35.30 29.55
Days Payable 1.64 4.67 1.18 1.38 25.44
Cash Conversion Cycle 5.30 1.04 9.16 57.70 57.16 66.39 41.97 6.08
Working Capital Days 36.89 43.68 86.76 40.53 45.30 52.49 79.46 165.58
ROCE % 10.24% 7.34% 11.53% 6.57% 0.70% 7.38% 16.23%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Circular Looms
Number

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Leno Bags Sold
Million Bags
Geographical Footprint (States)
Number
Number of Permanent Employees
Number
Annual Capacity of Nova Leno-4P Loom
Lakh Bags
New Capacity Addition - Fabric
MT

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Oct 2024Mar 2025Sep 2025Mar 2026
73.32% 73.32% 73.32% 73.32% 73.32% 73.32% 73.40% 73.40% 73.92%
1.65% 0.59% 1.42% 2.48% 1.87% 2.01% 0.00% 0.00% 0.00%
25.03% 26.10% 25.25% 24.19% 24.81% 24.67% 26.60% 26.60% 26.08%
No. of Shareholders 417377385371348328314242171

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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