Flex Foods Ltd (523672) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 523672 | NSE: | Consumer Food | Small Cap

Flex Foods Share Price

50.98 1.76 3.58%
as on 05-Dec'25 12:10

Flex Foods Ltd (523672) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 523672 | NSE: | Consumer Food | Small Cap

DeciZen - make an informed investing decision on Flex Foods

Based on:

M-Cap below 100cr DeciZen not available

Flex Foods stock performance -

Key Ratios
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P/E Ratio (SA):
0.00
Market Cap:
61.3 Cr.
52-wk low:
42
52-wk high:
92.5

Is Flex Foods Ltd an attractive stock to invest in?


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10 Year X-Ray of Flex Foods: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Flex Foods Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.4%14.3%12.9%12.6%7.2%15%7.7%0.7%-5.4%-6.2%-
Value Creation
Index
0.20.0-0.1-0.1-0.50.1-0.5-1.0-1.4-1.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 82.785.290.784.680.6102111117121150162
Sales YoY Gr.-3%6.6%-6.8%-4.8%26.9%8.8%5.4%3.4%23.7%-
Adj EPS 5.95.74.38.14.697.3-8.5-20.4-24.6-27.6
YoY Gr.--2.7%-26%90.1%-42.8%93.7%-18.2%-216.4%NANA-
BVPS (₹) 5861.163.4727685.191.581.960.433.615.9
Adj Net
Profit
7.37.25.310.15.811.19.1-10.6-25.5-30.7-34
Cash Flow from Ops. 26.19.917.516.716.612.82.36.9-13.3-2.3-
Debt/CF from Ops. 1.53.71.81.61.11.264.833.7-19.6-120-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.8%13.2%10.5%23.7%
Adj EPS -217.2%-239.8%-249.9%NA
BVPS-5.9%-15.1%-28.4%-44.4%
Share Price -1.5% -5.7% -21.9% -43.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
10.79.66.811.96.211.18.3-9.8-28.7-52.4-111.6
Op. Profit
Mgn %
22.322.418.621.214.519.917.79.5-1.3-1-2.8
Net Profit
Mgn %
8.98.45.811.97.110.98.2-9-21-20.4-21.2
Debt to
Equity
0.60.50.40.30.20.21.32.33.56.711.9
Working Cap
Days
217225222229234197231274311271107
Cash Conv.
Cycle
96108109124122102114129167137-28

Recent Performance Summary

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Latest Financials - Flex Foods Ltd.

Standalone Consolidated
TTM EPS (₹) -27.6 -
TTM Sales (₹ Cr.) 162 -
BVPS (₹.) 15.9 -
Reserves (₹ Cr.) 7 -
P/BV 3.10 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 42.01 / 92.50
All Time Low / High (₹) 1.00 / 169.15
Market Cap (₹ Cr.) 61.3
Equity (₹ Cr.) 12.5
Face Value (₹) 10
Industry PE 59.8

Management X-Ray of Flex Foods:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Flex Foods - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Flex Foods

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales82.6985.1590.7484.6080.58102.28111.30117.33121.28150.01
Operating Expenses 64.2466.1373.8966.7268.8882.0291.64106.23123.49154.16
Manufacturing Costs21.3923.0725.3424.7425.2125.8030.7542.5751.4756.17
Material Costs14.4712.5116.9911.0613.0126.3027.4821.9926.4148.70
Employee Cost 14.1815.4317.2317.7018.6317.5716.9820.6525.9627.23
Other Costs 14.2015.1214.3313.2112.0312.3516.4421.0119.6522.06
Operating Profit 18.4519.0216.8617.8911.7020.2519.6611.09-2.21-4.15
Operating Profit Margin (%) 22.3%22.3%18.6%21.1%14.5%19.8%17.7%9.5%-1.8%-2.8%
Other Income 2.421.902.471.661.912.470.350.610.430.40
Interest 3.664.833.633.312.492.102.4316.0617.2322.80
Depreciation 4.314.8655.255.425.225.189.6416.2316.66
Exceptional Items 0000000000
Profit Before Tax 12.9111.2210.6910.995.7015.4112.40-14-35.24-43.20
Tax 4.743.383.88-0.04-1.093.423.28-3.40-9.31-10.70
Profit After Tax 8.177.856.8111.036.79129.12-10.60-25.93-32.50
PAT Margin (%) 9.9%9.2%7.5%13.0%8.4%11.7%8.2%-9.0%-21.4%-21.7%
Adjusted EPS (₹)6.66.35.58.95.59.67.3-8.5-20.8-26.1
Dividend Payout Ratio (%)38%40%0%11%14%10%14%-6%-2%-2%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 72.1576.1178.9589.6694.67105.93113.87102.0275.2541.80
Share Capital 12.4512.4512.4512.4512.4512.4512.4512.4512.4512.45
Reserves 59.7063.6666.5077.2182.2293.48101.4289.5762.8029.35
Minority Interest0000000000
Debt33.5631.3427.3323.5615.0214.16140.74218.23244.27256.55
Long Term Debt15.5910.3114.118.313.160106.07182.80196.62203.23
Short Term Debt17.9721.0313.2215.2511.8614.1634.6735.4347.6553.31
Trade Payables10.389.878.286.358.737.2410.5018.9826.2030.41
Others Liabilities 22.5823.4224.4621.2320.4421.4135.0239.7039.6141.86
Total Liabilities 138.67140.74139.02140.80138.87148.74300.12378.93385.34370.62

Fixed Assets

Gross Block127.41131.37142.47149.27151.75153.13159.72325.55375.96383.72
Accumulated Depreciation51.9056.5961.3166.3871.6176.7481.7991.49107.82124.36
Net Fixed Assets 75.5174.7981.1682.8980.1476.3977.93234.06268.15259.36
CWIP 0.170.840.200.760.640.67123.6448.732.220.51
Investments 0000000000
Inventories18.3720.2318.1020.6423.9220.0419.3736.2446.4345.67
Trade Receivables18.6620.2320.4816.7910.5625.6527.2129.9237.8839.24
Cash Equivalents 14.538.443.134.696.1312.7015.642.981.581.69
Others Assets 11.4216.2215.9515.0317.4913.3036.3326.9829.0924.15
Total Assets 138.67140.74139.02140.80138.87148.74300.12378.93385.34370.62

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 26.099.9317.5416.7416.6412.792.296.94-13.29-2.33
PBT 12.9111.2210.6910.995.7015.4112.40-14-35.24-43.20
Adjustment 5.898.386.697.146.085.815.8823.0133.2438.94
Changes in Working Capital 8.45-8.131.47-1.563.13-6.23-13.94-3.91-11.291.93
Tax Paid -2.33-2.61-3.48-1.270.25-3.56-3.51-0.6700
Cash Flow From Investing Activity -21.05-3.88-10.51-7.41-2.23-1.10-129.45-87.94-3.42-5.71
Capex -22.63-4.88-10.74-7.58-2.53-1.51-129.71-88.86-3.65-6.02
Net Investments 0000000000
Others 1.5810.230.170.300.400.260.930.230.32
Cash Flow From Financing Activity 4.10-12.14-12.33-7.77-12.97-5.13130.1068.3415.318.14
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 8.61-5.283.80-5.80-5.15-3.16106.0776.7313.826.62
Interest Paid -3.66-4.83-3.52-3.25-2.10-2.08-1.97-15.02-10.80-8.85
Dividend Paid -3.37-3.75-3.750-1.50-0.93-1.25-1.25-0.62-0.62
Others 2.521.71-8.861.28-4.221.0527.257.8812.9211
Net Cash Flow 9.14-6.09-5.301.561.446.562.95-12.66-1.400.11

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)11.8410.588.7813.097.3711.968.3-9.82-29.26-55.52
ROCE (%)16.3514.2912.8512.617.16157.730.69-5.36-6.21
Asset Turnover Ratio0.660.610.650.610.580.720.50.350.320.4
PAT to CFO Conversion(x)3.191.262.581.522.451.070.25N/AN/AN/A
Working Capital Days
Receivable Days688381806164868910294
Inventory Days76837783100786487124112
Payable Days207295195241212111118245312212

Flex Foods Ltd Stock News

Flex Foods Ltd FAQs

The current trading price of Flex Foods on 05-Dec-2025 12:10 is ₹50.98.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Flex Foods stood at ₹61.28.
The latest P/E ratio of Flex Foods as of 04-Dec-2025 is 0.00.
The latest P/B ratio of Flex Foods as of 04-Dec-2025 is 3.10.
The 52-week high of Flex Foods is ₹92.50 and the 52-week low is ₹42.01.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Flex Foods is ₹161.8 ( Cr.) .

About Flex Foods Ltd

Flex Foods Ltd is a part of Flex Group of Companies including Flex Industries Ltd., Flex Engineering Ltd. and other companies involved in packaging and information technology business with a total turnover of Rs 1.4 Billions( Dollar 300 Millions).

The company is engaged in the business of agro based value added food products catering to the international markets mainly in Europe, USA, Canada & Middle East countries. The company started its commercial operations in 1992 by establishing a 100% EOU for vacuum freeze dried vegetables mainly mushroom and culinary herbs with a total processing capacity of 2000 MTs per annum.

As a backward integration, the company simultaneously established an 'state-of-the-art' mushroom growing unit with a capacity of 2000 MTs per annum and successfully achieved the 100% capacity utilization by producing high quality white button mushroom through in-house technology development & process optimization along with the technical support from M/s Agrisystems, Holland.

The company also deals in canned mushroom with the brand 'Chef's Choice'. Recently FFL has embarked on a major expansion programme by installing the world class manufacturing facilities for IQF and Air- Dried Mushrooms, Culinary Herbs & Fruits/ Vegetables.

The company has been a major success story in the food processing sector in India with a very high degree of value addition through annual export turnover of approximate Rs.300 Millions. Flex Foods has over 500 employees in its operations and creates employment for over 1000 families through outsourced farming & allied activities. 'Good Manufacturing Practices', 'Quality Management System', and Envt-Health & Safety Management Practices are ensured through regular training & awareness programmes.

The processing infrastructure of the company includes the most modern plant equipments from leading technology providers i.e. NIROA/s , Denmark ; NON, Holland; BINDER, Germany & Eurotek, UK along with those from the leading Indian companies. The plant can process upto 20000 MTs of fruits & vegetables per annum in the form of freeze-dried, frozen, IQF, air-dried and canned products. All the process steps starting from the reciept of raw materials till final packaging of the product, are under strict quality environment & hygienic conditions to achieve the highest level of microbiological & phytosanitary standards.

The technical human resource comprises of highly skilled professional experts in the field of Food Technology, Total Quality Management, Engineering & Agro- Sciences from leading institutes supported by a highly skilled & trained staff and allied manpower.Flex Foods lays top priority on sourcing & quality control of input materials to ensure the highest standards of quality, hygiene & product safety. In order to achieve the right quality of finished products, most of the input materials including mushroom, herbs & other fruits & vegetables are grown under the supervision of in-house experts to ensure that optimum farm conditions and agri-practices are followed throughout the growing & harvesting cycles .

Captive mushroom cultivation unit with a total annual capacity of 2000 MTs is fully equipped with international quality monitoring techniques & best storage facilities to ensure that the fresh & hygienic inputs are always available to the processing units to meet the strict international requirements.

Captive farming of culinary herbs & beans / vegetables has been a remarkable success in terms of the wide range varieties grown under local agro climatic conditions with pesticide free cultivation practices.

The company employs a team of over 15 agri-scientists & experts in food technology, cultivation, agronomy and horticulture sciences. Good Agricultural Practices (GAPs) are ensured through regular interaction & awareness programme for farmers & growers.

Product range of the company includes:

Flex Foods offers a wide range of  Vacuum Freeze Dried, Air-Dried, Frozen and IQF (Individually Quick Frozen) product range of mushrooms, herbs, spices and fruits / vegetables, meeting strict quality & hygiene standards.

Frozen/IQF & Freeze Dried /Air Dried Products - Canned Mushroom

  • Mushroom Buttons
  • Mushroom Slices
  • Mushroom Dices
  • Mushroom Blanched
  • Mushroom Unblanched

Herbs & Spices

  • Parsley
  • Dill
  • Basil
  • Thyme
  • Oregano
  • Marjoram
  • Chervil
  • Sage
  • Mint
  • Savory
  • Rosemary
  • Tarragon
  • Green Pepper
  • Coriander
  • Lemon Grass

Fruits & Vegetables

  • Onion - Red / White
  • Garlic
  • Tamarind Powder
  • Cauliflower / Cabbage
  • French Beans
  • Bell Pepper
  • Jalapeno / Tabasco
  • Broccoli
  • Peas
  • Okra
  • Litchi
  • Pineapple
  • Banana 
  • Mango

Achievements/ recognition:

  • The facilities of the company have been certified for KOSHER and HACCP standards as per the customers’ requirements.
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