Flex Foods

₹130 3.2 | 2.5%

WEBSITE BSE:523672 NSE : FLEX FOODS 18 May, 12:50

Market Cap ₹162 Cr.

Stock P/E -5.7

P/B 2.1

Current Price ₹130

Book Value ₹ 62

Face Value 10

52W High ₹154

Dividend Yield 0.38%

52W Low ₹ 81

Edit Ratio

Flex Foods Research see more...

Overview Inc. Year: 1990Industry: Consumer Food

Flex Foods Limited, established on February 5, 1990, is a public company with a focus on agro-based value-added food productsf. The company specializes in a variety of food items, including freeze-dried, air-dried, and individually quick-frozen (IQF) mushrooms, herbs, spices, fruits, and vegetables. It caters to a global market, with a significant presence in Europe, the USA, Canada, Australia, and Russia. Flex Foods operates world-class automated plants that are BRC AA certified, ensuring the integrity and quality of their products. They have also ventured into the retail space with products like mango chutney and mushroom pickle available in e-commerce and retail outlets in Delhi/NCR.Flex Foods Limited’s management includes experienced directors like Ashok Chaturvedi and Pradeep Narendra Poddar, who guide the company’s strategic direction. The company’s registered office is located at Lal Tappar Industrial Area, PO-Rasheim Magri, Haridwar Road, Dehradun, Uttarakhand.

Flex Foods Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Flex Foods Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Net Sales	22	35	26	28	28	29	26	27	23	28
Other Income	1	0	0	0	0	0	0	0	0	0
Total Income	23	35	26	29	28	29	27	27	23	28
Total Expenditure	17	29	22	24	24	27	27	23	24	38
Operating Profit	5	6	4	5	4	2	0	3	-2	-10
Interest	0	0	0	1	1	1	2	3	3	5
Depreciation	1	1	1	1	1	2	3	4	4	4
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	4	4	2	2	2	-1	-6	-4	-9	-19
Provision for Tax	1	1	1	0	1	-0	-1	-1	-2	-5
Profit After Tax	3	3	1	2	2	-0	-4	-2	-7	-15
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	3	3	1	2	2	-0	-4	-2	-7	-15
Adjusted Earnings Per Share	2.2	2.3	1.2	1.6	1.3	-0.4	-3.4	-2	-5.5	-11.9

Flex Foods Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	53	66	72	83	85	91	85	81	102	111	116	104
Other Income	3	3	2	2	2	2	2	2	2	0	1	0
Total Income	56	69	75	85	87	93	86	82	105	112	117	105
Total Expenditure	43	50	54	64	66	74	67	69	82	92	105	112
Operating Profit	12	19	21	21	21	19	20	14	23	20	12	-9
Interest	2	2	3	4	5	4	3	2	2	2	16	13
Depreciation	3	4	4	4	5	5	5	5	5	5	10	15
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	7	14	14	13	11	11	11	6	15	12	-14	-38
Provision for Tax	2	3	5	5	3	4	-0	-1	3	3	-3	-9
Profit After Tax	6	10	9	8	8	7	11	7	12	9	-11	-28
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	6	10	9	8	8	7	11	7	12	9	-11	-28
Adjusted Earnings Per Share	4.5	8.3	7.6	6.6	6.3	5.5	8.9	5.5	9.6	7.3	-8.5	-22.8

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	5%	13%	5%	8%
Operating Profit CAGR	-40%	-5%	-9%	0%
PAT CAGR	-222%	NAN%	NAN%	NAN%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	40%	18%	18%	14%
ROE Average	-10%	3%	6%	10%
ROCE Average	1%	8%	9%	13%

Flex Foods Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	52	60	66	72	76	79	90	95	106	114	102
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	2	8	7	16	10	14	8	3	0	106	183
Other Non-Current Liabilities	5	5	6	10	11	11	10	9	9	9	7
Total Current Liabilities	24	33	34	41	43	35	33	32	34	72	87
Total Liabilities	83	106	113	139	141	139	141	139	149	300	379
Fixed Assets	40	52	55	76	75	81	83	80	76	78	234
Other Non-Current Assets	4	4	14	3	3	2	5	5	6	144	51
Total Current Assets	38	51	44	60	63	55	53	54	67	78	94
Total Assets	83	106	113	139	141	139	141	139	149	300	379

Flex Foods Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	5	5	9	5	15	8	3	5	6	13	16
Cash Flow from Operating Activities	6	12	11	26	10	18	17	17	13	2	7
Cash Flow from Investing Activities	-1	-13	-7	-21	-4	-11	-7	-2	-1	-129	-88
Cash Flow from Financing Activities	-5	5	-7	4	-12	-12	-8	-13	-5	130	68
Net Cash Inflow / Outflow	0	4	-4	9	-6	-5	2	1	7	3	-13
Closing Cash & Cash Equivalent	5	9	5	15	8	3	5	6	13	16	3

Flex Foods Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	4.49	8.31	7.56	6.56	6.3	5.47	8.86	5.45	9.63	7.32	-8.51
CEPS(Rs)	7.22	11.18	10.69	10.02	10.21	9.49	13.08	9.81	13.82	11.48	-0.77
DPS(Rs)	2	2.25	2.25	2.5	2.5	0	1	0.75	1	1	0.5
Book NAV/Share(Rs)	41.78	48.2	52.85	57.95	61.13	63.42	72.01	76.04	85.09	91.46	81.94
Core EBITDA Margin(%)	18.01	24.18	25.82	22.31	22.34	18.48	20.95	14.36	19.67	17.57	9.46
EBIT Margin(%)	17.11	23.54	23.84	20.03	18.85	15.7	16.75	10.05	17	13.26	1.76
Pre Tax Margin(%)	13.99	20.51	19.89	15.61	13.18	11.72	12.87	7	14.97	11.08	-11.93
PAT Margin (%)	10.57	15.64	12.99	9.87	9.21	7.46	12.92	8.33	11.65	8.15	-9.03
Cash Profit Margin (%)	17.01	21.03	18.36	15.09	14.92	12.95	19.07	14.98	16.71	12.78	-0.81
ROA(%)	6.84	10.96	8.61	6.5	5.62	4.87	7.89	4.86	8.34	4.06	-3.12
ROE(%)	11.01	18.48	14.97	11.84	10.58	8.78	13.09	7.37	11.96	8.3	-9.82
ROCE(%)	13.96	20.5	19.59	16.35	14.29	12.85	12.61	7.16	15	7.73	0.69
Receivable days	61.74	72.71	73.31	68.27	83.37	81.45	79.67	61.24	64.18	86.22	88.87
Inventory Days	71.46	57.9	67.79	76.35	82.72	76.68	82.82	99.77	77.9	64.29	86.51
Payable days	136.34	153.91	227.9	207.37	295.4	194.96	241.29	211.59	110.82	117.85	244.66
PER(x)	5.37	3.7	6.53	8.45	14.49	19.24	6.61	5.5	8.05	11.96	0
Price/Book(x)	0.58	0.64	0.93	0.96	1.49	1.66	0.81	0.39	0.91	0.96	0.93
Dividend Yield(%)	8.3	7.31	4.56	4.51	2.74	0	1.71	2.5	1.29	1.14	0.65
EV/Net Sales(x)	0.74	0.83	1.11	1.14	1.66	1.75	1.12	0.6	0.97	2.18	2.8
EV/Core EBITDA(x)	3.13	2.87	3.81	4.53	6.77	8.24	4.86	3.58	4.37	12.1	27.81
Net Sales Growth(%)	4.67	25.25	9.5	14.13	2.98	6.57	-6.76	-4.76	26.93	8.82	4.66
EBIT Growth(%)	10.92	72.26	10.9	-4.11	-3.08	-10.75	-0.17	-42.72	113.74	-15.29	-86.07
PAT Growth(%)	33.67	85.41	-9.04	-13.26	-3.92	-13.23	62.07	-38.46	76.67	-24	-216.25
EPS Growth(%)	33.64	85.37	-9.06	-13.26	-3.92	-13.23	62.07	-38.46	76.67	-24	-216.25
Debt/Equity(x)	0.27	0.43	0.37	0.55	0.48	0.4	0.3	0.18	0.15	1.31	2.29
Current Ratio(x)	1.63	1.56	1.3	1.48	1.45	1.6	1.61	1.68	1.95	1.09	1.08
Quick Ratio(x)	1.2	1.23	0.82	1.03	0.99	1.08	0.98	0.93	1.37	0.82	0.66
Interest Cover(x)	5.48	7.77	6.03	4.53	3.32	3.94	4.32	3.29	8.35	6.1	0.13
Total Debt/Mcap(x)	0.47	0.68	0.4	0.58	0.32	0.24	0.37	0.47	0.16	1.36	2.46

Flex Foods Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	59.68	59.68	59.78	59.85	59.85	59.85	59.85	59.85	59.85	59.85
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	40.32	40.32	40.22	40.15	40.15	40.15	40.15	40.15	40.15	40.15
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.74	0.74	0.74	0.75	0.75	0.75	0.75	0.75	0.75	0.75
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5
Others	0	0	0	0	0	0	0	0	0	0
Total	1.25	1.25	1.25	1.25	1.25	1.25	1.25	1.25	1.25	1.25

Pros

Cons

Company has a low return on equity of 3% over the last 3 years.
Debtor days have increased from 117.85 to 244.66days.

* 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.

Flex Foods News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

Current Price: 550/-

Empire Spices and Foods ltd

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Flex Foods

Add Watchlist

Flex Foods Research see more...

Overview Inc. Year: 1990Industry: Consumer Food

Flex Foods Share Price

Alert Data

Quarterly Price

Peer Comparison

Flex Foods Quarterly Results

Flex Foods Profit & Loss

Growth Rates

Flex Foods Balance Sheet

Flex Foods Cash Flow

Flex Foods Ratios

Flex Foods Shareholding Pattern

Flex Foods News

Top Unlisted Companies & InstaBuy Companies

Empire Spices and Foods ltd

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!