Flex Foods

What does Flex Foods do?

Flex Foods Ltd specializes in cultivating and processing mushrooms, herbs, fruits, and vegetables in various forms, primarily freeze-dried and air-dried. As of March 2025, it reported net sales of 45 Cr and a net loss of 5 Cr, with a market cap of Rs 64 Cr.

Overview: <BR>Flex Foods Ltd is engaged in the cultivation and processing of mushrooms, herbs, fruits, and vegetables, primarily in freeze-dried, air-dried, and individually quick frozen forms, operating within the Other Agricultural Products industry and classified as a Micro Cap company.<BR><BR>History: <BR>Flex Foods Ltd was incorporated on 5th February 1990. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 45 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -5 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 64 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 54 <BR>Dividend Yield: 0.97% <BR>Debt-Equity: 5.07 <BR>Return on Equity: -59.05% <BR>Price to Book: 1.16<BR><BR>Contact Details: <BR>Address: Lal Tappar Industrial Area, P O Resham Majri Haridwar Road Dehradun UTT : 248140 <BR>Tel: 91-135-2499234/262 <BR>Fax: 91-135-2499235 <BR>Email: flexsec@vsnl.net <BR>Website: http://www.flexfoods.net

Who are in the management team of Flex Foods?

As of March 2023, the management team of Flex Foods includes Ashok Chaturvedi (Chairman), Rajendra Kumar Mishra, Indu Liberhan, Arvind Mahajan, and Pradeep Poddar (Independent Directors), Rajeev Sharma (Director), Rahul Razdan (Whole-time Director), and Himanshu Luthra (Company Secretary). The team consists of both executive and independent directors overseeing the company's governance.

As of March 2023, the management team of Flex Foods includes the following individuals:<BR><BR>1. Ashok Chaturvedi - Chairman (Non-Executive)<BR>2. Rajendra Kumar Mishra - Independent Director<BR>3. Indu Liberhan - Independent Director<BR>4. Rajeev Sharma - Director<BR>5. Arvind Mahajan - Independent Director<BR>6. Rahul Razdan - Whole-time Director<BR>7. Pradeep Poddar - Independent Director<BR>8. Himanshu Luthra - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and management of the company.

Has Flex Foods declared dividend?

Flex Foods Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of August 2, 2024. Despite the dividend, the company has experienced significant price declines over various periods, resulting in modest total returns.

Flex Foods Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 02 Aug 24<BR><BR>Dividend Yield: 0.97%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -39.76%, with a dividend return of 0%, resulting in a total return of -39.76%.<BR><BR>Over the past year, the price return was -55.8%, yielding a dividend return of 0.41%, leading to a total return of -55.39%.<BR><BR>In the 2-year period, the price return was -37.28%, while the dividend return was 1.10%, culminating in a total return of -36.18%.<BR><BR>For the 3-year period, the price return was -37.6%, with a dividend return of 2.37%, resulting in a total return of -35.23%.<BR><BR>In the 4-year period, the price return was -41.1%, and the dividend return was 3.43%, leading to a total return of -37.67%.<BR><BR>Over the last 5 years, the price return was 35.83%, with a dividend return of 8.34%, resulting in a total return of 44.17%.<BR><BR>Overall, while Flex Foods has declared a dividend, the total returns over various periods indicate significant declines in price returns, particularly in the shorter terms, with a more favorable outcome in the longer term. The dividend yield remains modest, reflecting the company's current financial performance.

Who are the peers of the Flex Foods?

Flex Foods' peers include L T Foods, KRBL, Kaveri Seed Co., and others, with varying management risks and growth rates. L T Foods leads in 1-year returns at 111.23%, while Flex Foods has the lowest at -54.47%.

Peers: The peers of Flex Foods are L T Foods, KRBL, Kaveri Seed Co., Guj. Ambuja Exp, GRM Overseas, City Crops Agro, Prospect Consum., Alfavision Overs, and Vishwas Agri.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kaveri Seed Co. and Vishwas Agri, while Good management risk is found at L T Foods. Average management risk is present at KRBL, Guj. Ambuja Exp, GRM Overseas, Flex Foods, and Prospect Consum., while Below Average management risk is noted at City Crops Agro and Alfavision Overs. Growth is Excellent at City Crops Agro and Prospect Consum., while Good growth is seen at L T Foods and Vishwas Agri. Below Average growth is reported for KRBL, Kaveri Seed Co., Guj. Ambuja Exp, GRM Overseas, and Flex Foods, with Alfavision Overs showing Below Average growth as well. Capital Structure is Excellent at KRBL, Kaveri Seed Co., and Guj. Ambuja Exp, while Good capital structure is found at L T Foods, City Crops Agro, and Prospect Consum. Average capital structure is noted for Flex Foods, while Below Average capital structure is seen at GRM Overseas and Alfavision Overs.<BR><BR>Return Snapshot: The peer with the highest 1-year return is L T Foods at 111.23%, while the lowest is Flex Foods at -54.47%. Flex Foods' 1-year return is significantly lower than all its peers. Additionally, GRM Overseas, Prospect Consum., and Alfavision Overs have negative six-month returns.

Is Flex Foods overvalued or undervalued?

As of August 14, 2023, Flex Foods is considered overvalued and risky due to its negative PE ratio, poor financial metrics, and significant underperformance compared to the Sensex.

As of 14 August 2023, Flex Foods has moved from an expensive to a risky valuation grade. The company is currently considered overvalued given its negative PE ratio of -2.03, an EV to EBITDA ratio of -83.74, and a ROE of -59.05%. These figures highlight significant financial distress compared to its peers, such as Hindustan Unilever with a PE of 53.88 and Nestle India at 75.2, both of which are categorized as very expensive.<BR><BR>The valuation metrics indicate that Flex Foods is struggling to generate positive earnings and returns, making it a risky investment. Furthermore, the company's stock has underperformed the Sensex significantly over the past year, with a return of -55.43% compared to the Sensex's 7.62%. Overall, the analysis suggests that Flex Foods is overvalued in its current state.

What is the technical trend for Flex Foods?

As of May 23, 2025, Flex Foods shows a mildly bearish trend overall, with daily indicators suggesting caution, while weekly signals indicate some upward momentum, but monthly indicators remain bearish.

As of 23 May 2025, the technical trend for Flex Foods has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a mildly bearish trend, while the weekly MACD and KST show a mildly bullish signal, suggesting some upward momentum. However, the monthly indicators, including MACD and Bollinger Bands, remain bearish, indicating underlying weakness. The Dow Theory also reflects a mildly bullish stance on the weekly timeframe but is mildly bearish on the monthly. Overall, the mixed signals across different timeframes suggest caution, with the bearish indicators dominating the longer-term outlook.

Who are the top shareholders of the Flex Foods?

The top shareholder of Flex Foods is Uflex Limited, holding 47.15% of the shares, with no pledged promoter holdings. The highest public shareholder is Santosh Sitaram Goenka at 1.93%, while individual investors collectively own 31.18%.

The top shareholders of Flex Foods are primarily the promoters, with Uflex Limited holding the largest stake at 47.15%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Santosh Sitaram Goenka, who holds 1.93%. Additionally, individual investors collectively hold 31.18% of the shares.

How big is Flex Foods?

As of 24th July, Flex Foods Ltd has a market capitalization of 75.00 Cr and reported Net Sales of 148.60 Cr with a Net Profit loss of 32.50 Cr for the latest four quarters. The balance sheet as of March 2024 shows Shareholder's Funds of 75.25 Cr and Total Assets of 385.34 Cr.

As of 24th July, Flex Foods Ltd has a market capitalization of 75.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 148.60 Cr. However, it experienced a loss of 32.50 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 75.25 Cr and Total Assets of 385.34 Cr.

When is the next results date for Flex Foods?

The next results date for Flex Foods is 12 August 2025.

The next results date for Flex Foods is scheduled for 12 August 2025.

Are Flex Foods latest results good or bad?

Flex Foods' latest results are disappointing, with a Profit Before Tax of Rs -17.17 crore and a Profit After Tax of Rs -12.96 crore, marking significant declines from previous quarters. Additionally, increased interest expenses and declining sales indicate a deteriorating financial situation.

Flex Foods' latest financial results are quite disappointing. For the quarter ending June 2025, the company reported a Profit Before Tax (PBT) of Rs -17.17 crore, which is a significant decline of 57.6% compared to the average PBT from the previous four quarters. Similarly, the Profit After Tax (PAT) dropped to Rs -12.96 crore, reflecting a 59.5% decrease from the average PAT of Rs -8.13 crore.<BR><BR>In addition to the declining profits, Flex Foods experienced a notable increase in its interest expenses, reaching Rs 6.57 crore, which is a 12.50% rise from the previous quarter. This indicates that the company is facing higher borrowing costs, complicating its financial situation further.<BR><BR>Overall, the financial health of Flex Foods appears to be deteriorating, as evidenced by a decrease in its financial score from 2 to -7 over the last three months. The company also reported a decline in net sales and operating profit margins, indicating a challenging operational environment. In summary, the latest results suggest a negative trend for Flex Foods.

How has been the historical performance of Flex Foods?

Flex Foods has shown fluctuating revenue growth but significant financial challenges, with net sales increasing from 100.57 Cr in Mar'21 to 148.60 Cr in Mar'25, while operating losses and total liabilities have risen sharply, culminating in a loss of 32.50 Cr in Mar'25. The company's cash flow from operating activities has also been negative, indicating ongoing financial difficulties.

Answer:<BR>The historical performance of Flex Foods shows a fluctuating trend in revenue and profitability over the years, with significant losses in recent periods.<BR><BR>Breakdown:<BR>Flex Foods has experienced growth in net sales, increasing from 100.57 Cr in Mar'21 to 148.60 Cr in Mar'25, although the other operating income has varied, peaking at 3.88 Cr in Mar'23 before declining to 1.41 Cr in Mar'25. Total operating income rose from 81.49 Cr in Mar'20 to 150.01 Cr in Mar'25, but total expenditure also increased significantly, leading to operating losses. The operating profit (PBDIT) turned negative in Mar'25 at -3.74, following a profit of 20.01 Cr in Mar'22. Profit before tax has shown a downward trend, moving from a profit of 15.41 Cr in Mar'21 to a loss of 43.20 Cr in Mar'25. Consequently, profit after tax also fell sharply, resulting in a loss of 32.50 Cr in Mar'25 compared to a profit of 11.99 Cr in Mar'21. The company's total liabilities increased from 148.74 Cr in Mar'21 to 370.62 Cr in Mar'25, while total assets rose from 148.74 Cr to 370.62 Cr in the same period. Cash flow from operating activities has been negative in recent years, reflecting ongoing financial challenges, with a cash flow of -2.00 Cr in Mar'25. Overall, Flex Foods has faced significant operational and financial difficulties, leading to substantial losses and increased debt levels.

Should I buy, sell or hold Flex Foods?

Why is Flex Foods Ltd falling/rising?

As of 18-Jan, Flex Foods Ltd's stock price is Rs. 41.01, down 3.48%, and has hit a 52-week low of Rs. 40.31. The company faces significant financial challenges, including a high debt-equity ratio and consistent underperformance against benchmarks, leading to a negative investor sentiment despite increased trading volume.

As of 18-Jan, Flex Foods Ltd's stock price is falling, currently at Rs. 41.01, which reflects a decrease of Rs. 1.48 or 3.48%. The stock has been on a downward trend, having lost 11.81% over the last three days and is trading significantly lower than its moving averages across various time frames (5-day, 20-day, 50-day, 100-day, and 200-day). <BR><BR>Today, the stock hit a new 52-week low of Rs. 40.31 and has underperformed its sector by 3.68%. The stock's performance over the past week shows a decline of 11.35%, while it has decreased by 14.29% over the past month. Additionally, the stock has consistently underperformed against the benchmark, with a staggering 34.38% decline over the last year compared to an 8.47% increase in the Sensex.<BR><BR>The company's financial health is concerning, with a high debt-equity ratio of 15.36 times, indicating weak long-term fundamental strength. The company has reported losses and negative return on equity (ROE), which further contributes to the stock's decline. Despite a rise in investor participation, as evidenced by a 156.4% increase in delivery volume, the overall sentiment remains negative due to the company's financial struggles and consistent underperformance against benchmarks over the past three years.

Which are the latest news on Flex Foods?