Flexituff Ventures International Ltd - Stock Valuation and Financial Performance

BSE: 533638 | NSE: FLEXITUFF | Textile | Small Cap

Flexituff Ventures International Ltd Share Price

43 0.09 0.21%
as on 21-Feb'24 16:59

DeciZen - make an informed investing decision on Flexituff Ventures

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Flexituff Ventures International stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
131.9 Cr.
52-wk low:
23.7
52-wk high:
58

Is Flexituff Ventures International Ltd an attractive stock to invest in?

1. Is Flexituff Ventures International Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Flexituff Ventures International Ltd is a below average quality company.

2. Is Flexituff Ventures International Ltd undervalued or overvalued?

The key valuation ratios of Flexituff Ventures International Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Flexituff Ventures International Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Flexituff Ventures International Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Flexituff Ventures:

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.
Flexituff Ventures International Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 7.6%6.9%6.3%8.2%5.4%4.7%-11.9%-0.9%-6.8%-9.5%-
Value Creation
Index
-0.5-0.5-0.6-0.4-0.6-0.7-1.9-1.1-1.5NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9681,0521,1561,3261,1531,1758738681,039915669
Sales YoY Gr.-8.7%9.9%14.7%-13%1.9%-25.7%-0.6%19.7%-11.9%-
Adj EPS 86.4-0.85.1-6.5-10.1-69-23.4-38.4-40.6-46.5
YoY Gr.--20%-112.9%NA-227.1%NANANANANA-
BVPS (₹) 144.7150.3152155.2154.4148.181.858.620.7-17.4-51.9
Adj Net
Profit
19.815.9-2.112.8-16.2-25-172-58.3-95.6-109-143
Cash Flow from Ops. 47.711413930.118812091.477.974.435.4-
Debt/CF from Ops. 10.65.24.525.33.967.888.418.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.6%-4.5%1.6%-11.9%
Adj EPS -219.9%NANANA
BVPS-179%-164.6%-159.7%-183.9%
Share Price -15.4% -1.9% 18% 48.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.94.3-0.53.3-4.2-6.6-60-33.4-96.9-2284.4134.2
Op. Profit
Mgn %
10.710.812.113.813.411.2-7.8-3.20.6-2.1-13.7
Net Profit
Mgn %
21.5-0.21-1.4-2.1-19.7-6.7-9.2-11.9-21.3
Debt to
Equity
1.41.61.721.923.54.312.1-13.8-
Working Cap
Days
16817116216221623027922617517599
Cash Conv.
Cycle
6670728711188111765049-146

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 134.20%

Sales growth has been subdued in last 3 years 1.60%

Sales growth is not so good in last 4 quarters at -31.20%

Latest Financials - Flexituff Ventures International Ltd.

Standalone Consolidated
TTM EPS (₹) -46.5 -46.2
TTM Sales (₹ Cr.) 669 669
BVPS (₹.) -51.9 -57.7
Reserves (₹ Cr.) -190 -208
P/BV -0.83 -0.75
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 23.73 / 57.97
All Time Low / High (₹) 3.09 / 384.55
Market Cap (₹ Cr.) 132
Equity (₹ Cr.) 30.7
Face Value (₹) 10
Industry PE 28.9

Management X-Ray of Flexituff Ventures:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *100.00100.0081.2681.2681.2681.2670.8770.8770.8772.25
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Flexituff Ventures

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

Flexituff Ventures International Ltd Stock News

Flexituff Ventures International Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Flexituff Ventures on 21-Feb-2024 16:59 is ₹43.00.
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 21-Feb-2024 16:59 the market cap of Flexituff Ventures stood at ₹131.9.
The latest P/E ratio of Flexituff Ventures as of 21-Feb-2024 16:59 is 0.00.
The latest P/B ratio of Flexituff Ventures as of 21-Feb-2024 16:59 is -0.83.
The 52-week high of Flexituff Ventures is ₹57.97 and the 52-week low is ₹23.73.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Flexituff Ventures is ₹669.2 ( Cr.) .

About Flexituff Ventures International Ltd

Flexituff International, a polymer manufacturing company, incorporated as partnership firm was converted into public limited company on April 25, 2003. It is engaged in production of FIBC, Geo-Textile Fabric and Ground Cover, Reverse Printed BOPP Woven Bags, Special PP Bags including Leno Bags.

The company exports it products to around 30 countries across globe with major thrust in US and Europe. Recently, it manufactured and exported Trap Bags for AmeriGlobe USA. AmeriGlobe was contracted by City of Fargo to provide Trap bag Container Barrier System for flood protection in eight Fargo City locations. Flexituff International is recognized as one of the most reputed producers of FIBC in the world.

  • Flexituff International, presently, manufactures products from its three fully integrated and self-sufficient manufacturing units. The two units are located in Pithampur (M.P.) and one in Kashipur (Uttrakhand). These manufacturing units have an installed capacity of 12,200 MT and 12,800 MT respectively.
  • It has a recycling and reprocessing plant at Kandla which is used for recovering polypropylene and making various compounds of plastics.
  • Additionally, a research and Development centre at Kashipur which is engaged in the research and development of various compounds for plastic products including engineering plastic, bio-degradable plastic and other new product developments. The Company has spent ` 245.47 million on research and development for the period April 1, 2007 till June 30, 2011.
  • The company also owns a land admeasuring 5,72,347 sq. ft. at SEZ, Pithampur in Dhar district of M.P. The existing manufacturing facilities occupies approximately 295,500 square feet of land.
  • It has marketing offices at Pithampur and Delhi. Pithampur office handles marketing of FIBCs. Delhi office handles marketing of BOPP, geo-textile products, special PP bags, compounding and polymers. Apart from this, it has its sales representatives at Mumbai, Hyderabad and Kolkata and marketing offices in UK and USA.

Subsidiary :

  • Lakshmi Incorporated, U.S.A is engaged in manufacturing of reclosable extruded zipper profile which is used as a secondary closure for 5-50 kg bags.
  • Flexiglobal (UK) Limited is engaged in distribution and marketing of FIBCs.

Product Portfolio:a) Flexible Intermediate Bulk Containers (FIBC)b) Geo-Textile Fabric and Ground Coversc) Reverse Printed BOPP Woven Bagsd) Special PP Bags and Leno Bags

Future projects:

  • Polymer Compounding: The company already has installed machinery to produce 10,000 MT of various compounds at Kashipur. It can be broadly divided into two main categories viz.-Filler compounds (like Calcium, Elastomer) and-Modifier compounds (like UV/Colour Masterbatch, Bonding agents, Drip Masterbatch, etc.)
  • Injection-moulded articles: It has presently commenced production for pallets, crates, boxes and other industrial / domestic injection moulded articles on trial basis. Also as part of the expansion programme at Kashipur, company is proposing to manufacture injection moulded articles for drip irrigation industry, with a thrust on production of drippers.
  • The company intends to expand its manufacturing facilities at SEZ and DTA units at Pithampur also looks forward to set up Dripper Project at Kashipur. To meet the fund requirements of Rs 100 crore, company came up with an initial public offer (IPO) which was subscribed 1.14 times.

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