Mega Flex Plastics
MEGAFLEX NSE
Mega Flex Plastics
Industrial ProductsNSE: MEGAFLEX Packaging
Key Fundamentals
SMEPackagingIndustrial ProductsMarket Cap
₹123 Cr
Volatility
Moderate
P/E Ratio
16.8
EBITDA
₹10.60 Cr
Return on Equity
11.64%
Debt to Equity
0.03
Book Value
₹51.5
52W High
₹155.05
52W Low
₹43.5
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
3- Company is almost debt free.
- Company has delivered good profit growth of 39.9% CAGR over last 5 years
- Company's working capital requirements have reduced from 47.6 days to 10.8 days
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.62% over last 3 years.
- Earnings include an other income of Rs.2.56 Cr.
Growth Rate
Revenue Growth
28.96% higher than
3Y
Net Income Growth
115% higher than
3Y
Cash Flow Change
591% lower than
3Y
ROE
87.74% higher than
3Y
ROCE
83.05% lower than
3Y
EBITDA Margin (Avg.)
51.26% lower than
3Y
Quarterly Results
| Particulars | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 20.03 | 26.44 | 21.17 | 31.51 | 23.57 | 24.83 | 17.28 | 43.03 | 29.38 | 48.7 |
| Expenses | 19.09 | 23.74 | 20.42 | 30.17 | 24.44 | 24.36 | 17.88 | 39.18 | 28.4 | 41.62 |
| Operating Profit | 0.94 | 2.7 | 0.75 | 1.34 | -0.87 | 0.47 | -0.6 | 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% |
| Other Income | 0.23 | 0.34 | 0.6 | 1.16 | 1.04 | 1.7 | 1.33 | 0.88 | 1.66 | 0.91 |
| Interest | 0.03 | 0.01 | 0.03 | 0.02 | 0.05 | 0.02 | 0.1 | 0.06 | 0.06 | 0.03 |
| Depreciation | 0.24 | 0.2 | 0.25 | 0.27 | 0.23 | 0.38 | 0.35 | 0.36 | 0.36 | 0.46 |
| PBT | 0.9 | 2.83 | 1.07 | 2.21 | -0.11 | 1.77 | 0.28 | 4.31 | 2.22 | 7.5 |
| Tax % | 25.56% | 25.09% | 25.23% | 23.08% | 0% | 15.82% | 25% | 25.29% | 25.23% | 25.07% |
| Net Profit | 0.67 | 2.12 | 0.79 | 1.7 | -0.11 | 1.48 | 0.21 | 3.22 | 1.66 | 5.62 |
| EPS in Rs | 3.82 | 12.08 | 0.74 | 1.58 | -0.1 | 1.38 | 0.2 | 2.65 | 1.37 | 4.63 |
Profit & Loss
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 35.82 | 31.5 | 29.49 | 46.47 | 52.69 | 48.4 | 60.31 | 78.08 |
| Expenses | 32.43 | 29.78 | 28.26 | 43.16 | 50.89 | 48.81 | 57.06 | 70 |
| Operating Profit | 3.39 | 1.72 | 1.23 | 3.31 | 1.8 | -0.41 | 3.25 | 8.08 |
| OPM % | 9.46% | 5.46% | 4.17% | 7.12% | 3.42% | -0.85% | 5.39% | 10.35% |
| Other Income | 1.9 | 1.94 | 1.59 | 0.91 | 1.7 | 2.74 | 2.21 | 2.56 |
| Interest | 0.16 | 0.14 | 0.07 | 0.04 | 0.05 | 0.07 | 0.16 | 0.1 |
| Depreciation | 0.84 | 0.7 | 0.55 | 0.47 | 0.52 | 0.61 | 0.71 | 0.83 |
| PBT | 4.29 | 2.82 | 2.2 | 3.71 | 2.93 | 1.65 | 4.59 | 9.71 |
| Tax % | 26.11% | 22.34% | 41.82% | 28.3% | 26.62% | 16.97% | 25.27% | 25.13% |
| Net Profit | 3.18 | 2.2 | 1.29 | 2.66 | 2.15 | 1.37 | 3.43 | 7.27 |
| EPS in Rs | 18.12 | 12.54 | 7.35 | 15.16 | 2 | 1.28 | 2.83 | 5.99 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | 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 | 29.3 | 34.03 | 35.45 | 43.1 | 50.34 |
| Borrowings | 0.56 | 0.26 | 0.41 | 0 | 0 | 0 | 1.26 | 1.95 |
| Other Liabilities | 4.02 | 2.64 | 3.2 | 3.1 | 2.47 | 1.62 | 3.1 | 8.81 |
| Total Liabilities | 29.41 | 30 | 32 | 34.15 | 47.25 | 47.82 | 59.59 | 73.23 |
| Fixed Assets | 6.66 | 6.01 | 5.57 | 5.65 | 5.98 | 5.77 | 7.58 | 7.95 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 7.28 | 10.17 | 6.4 | 8.77 | 4.61 | 5.41 | 14.08 | 33.09 |
| Other Assets | 15.47 | 13.82 | 20.03 | 19.73 | 36.66 | 36.64 | 37.93 | 32.19 |
| Total Assets | 29.41 | 30 | 32 | 34.15 | 47.25 | 47.82 | 59.59 | 73.23 |
Cash Flow
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | -2.7 | -0.6 | 3.81 | 4.46 | -5.12 | -2.02 | -3.59 | 17.62 |
| Investing | 2.34 | 1.05 | -4.09 | -2.45 | 4.65 | 1.06 | -9.42 | -18.41 |
| Financing | -0.13 | -0.35 | 0.11 | -0.45 | 11.35 | -0.07 | 6.65 | 0.6 |
| 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 | 3.9 | -5.97 | -2.42 | -6.11 | 16.41 |
| CFO/OP | -46 | 3 | 385 | 166 | -243 | 422 | -76 | 248 |
Ratios
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 5.3 | 1.04 | 9.16 | 4.32 | 1.39 | 10.48 | 8.05 | 1.96 |
| Inventory Days | — | — | — | 55.02 | 60.44 | 57.08 | 35.3 | 29.55 |
| Days Payable | — | — | — | 1.64 | 4.67 | 1.18 | 1.38 | 25.43 |
| Cash Conversion Cycle | 5.3 | 1.04 | 9.16 | 57.7 | 57.16 | 66.39 | 41.97 | 6.08 |
| Working Capital Days | 36.89 | 43.68 | 86.76 | 40.53 | 45.3 | 52.49 | 79.46 | 10.85 |
| ROCE % | — | 10.24% | 7.34% | 11.53% | 6.57% | 0.7% | 7.38% | 14.92% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Mega Flex Plastics insights
56 extracted metrics + investor summaries across FY19–FY26.
Documents
1
Shareholders meeting
21 Aug - Mega Flex held 22nd AGM on 21 Aug 2026; approved accounts, statutory auditor appointment, RPT, and WTD reappointment. 21 Aug - Mega Flex held 22nd AGM on 21 Aug 2026; approved accounts, statutory auditor appointment, RPT, and WTD reappointment.
2
Copy of Newspaper Publication
28 Jul - Newspaper publication for 22nd AGM notice, e-voting details; AGM on 21 August 2026. 28 Jul - Newspaper publication for 22nd AGM notice, e-voting details; AGM on 21 August 2026.
3
Shareholders meeting
27 Jul - Mega Flex Plastics schedules 22nd AGM on 21 Aug 2026; annual report and voting dates shared. 27 Jul - Mega Flex Plastics schedules 22nd AGM on 21 Aug 2026; annual report and voting dates shared.
4
Outcome of Board Meeting
21 Jul - Board reappointed Mohan Lal Parakh as Whole Time Director for 5 years from 29 June 2027, subject to AGM approval. 21 Jul - Board reappointed Mohan Lal Parakh as Whole Time Director for 5 years from 29 June 2027, subject to AGM approval.
5
Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 Jul - Regulation 74(5) compliance certificate for quarter ended 30 June 2026; no physical securities received for dematerialization. 9 Jul - Regulation 74(5) compliance certificate for quarter ended 30 June 2026; no physical securities received for dematerialization.
Frequently Asked Questions about Mega Flex Plastics
What does Mega Flex Plastics Ltd do?
Incorporated in 2003, Mega Flex Plastics
Ltd is in the business of manufacturing
Leno bags[1]
Where is Mega Flex Plastics Ltd (MEGAFLEX) listed?
Mega Flex Plastics Ltd trades as MEGAFLEX on the NSE.
Which sector does Mega Flex Plastics Ltd belong to?
Mega Flex Plastics Ltd is classified under the Industrial Products sector, in the Packaging industry.
What is the market capitalisation of Mega Flex Plastics Ltd?
Mega Flex Plastics Ltd has a market capitalisation of ₹122.52 Cr, which places it in the Small Cap band.
What is the PE ratio of Mega Flex Plastics Ltd?
Mega Flex Plastics Ltd trades at a PE ratio of 16.80, against a book value of ₹51.5 per share.
What is the 52-week high and low of Mega Flex Plastics Ltd?
Over the last 52 weeks Mega Flex Plastics Ltd has traded between ₹43.5 and ₹155.05.
What is the Return on Equity (ROE) of Mega Flex Plastics Ltd?
Mega Flex Plastics Ltd reported a return on equity of 11.64%. Its debt-to-equity ratio is 0.03.
Company Information
Incorporated in 2003, Mega Flex Plastics Ltd is in the business of manufacturing Leno bags[1]
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