MEGAFLEX

Mega Flex Plastics Limited

Listed company · ISIN INE0G1D01014 · NSE ST · FV ₹10
Last price
₹154
+4.97%today
What this company does

Mega Flex Plastics Limited is a listed company. It booked ₹78 cr of revenue in its latest year (FY26) and kept 9.3% of sales as profit.

67out of 100
Equitytale Health Score
Solid

Healthier than 67% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
64

At close. Not part of the score.

Profitability & returns45

How much profit it earns on the money it employs

Balance sheet88

How much it owes, and whether earnings cover the interest

Cash quality81

Whether reported profit actually arrives as cash

Valuation37

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 74%
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Operating cash flow is negative

What if I invest in MEGAFLEX?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest full year + price
₹154▲ +4.97%
latest close · 2026-11-03
52-wk low ₹9144 sessions so far52-wk high ₹165
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio25.7Average
LowAverageHigh
P/B ratio3.48High
Below bookModerateHigh
EV / EBITDA18.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.6%Fair
WeakFairStrong ▸15%
Return on capital14.6%Fair
WeakFairStrong
Net margin9.3%Decent
ThinDecentStrong
EBITDA margin12.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.02Comfortable
LowModerateHigh ▸1
Interest cover103.2×Strong
RiskyOkayStrong ▸5×
Current ratio4.05Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹187 cr
Book value
₹44
EPS
₹6.00
latest full year
Net debt
₹-5 cr
more cash than debt
Enterprise value
₹182 cr
EBITDA
₹10 cr
latest full year
EBIT
₹10 cr
latest full year
Operating margin
12.6%
Return on assets
9.0%
Earnings yield
3.89%
P/S
2.39
Sales / share
₹64.4
Tax rate
25.1%
Face value
₹10
Shares
1.2 cr
Working capital
₹43 cr
Current assets
₹57 cr
Current liabilities
₹14 cr
Delivery %
100.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are from the latest full-year results; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹32–₹71, midpoint ₹51

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · FY26 (consolidated)
Revenue from Operations₹78 cr
Other Income₹3 cr
Total Income₹81 cr
Cost of Materials₹55 cr
Purchases of Stock-in-Trade₹4 cr
Inventory Change (±)₹94.3 L
Employee Benefit Expense₹2 cr
Finance Costs₹9.5 L
Other Expenses₹8 cr
Total Expenses₹71 cr
Profit before Tax₹10 cr
Tax Expense₹2 cr
Net Profit₹7 cr
Net margin on total income9.0%
Where the money goes · FY26
% of total income
Materials + stock-in-trade₹59 cr73.7%
Employee benefit expense₹2 cr2.9%
Finance costs₹9.5 L0.1%
Other expenses₹9 cr11.3%
Tax expense₹2 cr3.0%
Profit for the period₹7 cr9.0%
Total income ₹81 cradds up to ₹100 ✓
Annual results · consolidated (₹ cr)
MetricFY25FY26
Revenue60 cr78 cr
Total income63 cr81 cr
Expenses58 cr71 cr
Profit before tax5 cr10 cr
Tax1 cr2 cr
Net profit (owners' share)3 cr7 cr
Net margin (owners' share, on revenue)5.7%9.3%
EPS (₹)2.826.00
YoY (latest year): total income +29.0% · net profit +112.3%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹81 cr
Shareholder equity
₹54 cr
parent shareholders
Total debt
₹88.7 L
Cash
₹6 cr
Cash flow · H1 FY25
Operating
₹-7 cr
Investing
₹-5 cr
Financing
₹2 cr
Who owns it · 2026-09-30
No pledge
Promoter
73.9%
Public
26.1%
Promoter stake up 0.6% over the last 5 quarters.
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 24 named members
owning 73.9% between them · as of 2026-09-30
CHANNEL PLASTICS PRIVATE LIMITED23.96%
SAMTA POLYMERS LIMITED9.57%
PRAGATISHEEL COMMERCIAL LLP5.78%
RAKESH SETHIA5.37%
USHA SETHIA3.54%
SANGEETA BOTHRA3.52%
AGRANI FINSERV ADVISORS PRIVATE LIMITED3.04%
SAMTA PLASTICS PRIVATE LIMITED2.66%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹6 cr raised in Jun 2024 by selling shares to selected investors

As of Sep 2026, the company says it has spent 21% of what it set aside, leaving ₹4 cr still to be spent.

Payment for allotment of land measuring an area of 6.5 acre in Mouja Kalibeti under Khurdha Tahasil in the district of Khurdha from the Odisha Industrial Infrastructure Development Corporation on lease basis
0%
₹0 cr of ₹4 cr
Purchase of Machineries and Equipment
100%
₹1 cr of ₹1 cr
 General Corporate Purposes
49%
₹3.7 L of ₹7.4 L
Issue Expenses
100%
₹4 L of ₹4 L
₹6 cr raised in Jun 2024 by selling shares to selected investors

As of Mar 2026, the company says it has spent 21% of what it set aside, leaving ₹4 cr still to be spent.

Payment for allotment of land measuring an area of 6.5 acre in Mouja Kalibeti under Khurdha Tahasil in the district of Khurdha from the Odisha Industrial Infrastructure Development Corporation on lease basis
0%
₹0 cr of ₹4 cr
Purchase of Machineries and Equipment
100%
₹1 cr of ₹1 cr
General Corporate Purpose
51%
₹3.8 L of ₹7.4 L
Issue Expenses
100%
₹4 L of ₹4 L

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.