Is Flexituff Ventures International 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 .

Is Flexituff Ventures International 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 .

What is Flexituff Ventures International share price return in the past 10 years?

Flexituff Ventures International Ltd share price has declined -11.8% annually (CAGR) over the past ten years.

Is Flexituff Ventures International 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.

What is the P/E ratio of Flexituff Ventures International?

The latest standalone P/E ratio of Flexituff Ventures International as of 21-Nov-2024 is 1.32.

What is the P/B ratio of Flexituff Ventures International?

The latest standalone P/B ratio of Flexituff Ventures International as of 21-Nov-2024 is 3.46.

What is the 52-week high and low of Flexituff Ventures International?

The 52-week high of Flexituff Ventures International is Rs. 96.60 and the 52-week low is Rs. 29.00.

Flexituff Ventures International Ltd - Stock Valuation and Financial Performance

Name: Flexituff Ventures International
Brand: Flexituff Ventures International

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

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Flexituff Ventures Share Price

₹58.98 -1.52 -2.51%
as on 21-Nov'24 16:59

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	9.8%	8.7%	9.5%	10.8%	9.9%	7.9%	-12.3%	-0.8%	-6.6%	-11.5%	-
Value Creation Index ⓘ	-0.3	-0.4	-0.3	-0.2	-0.3	-0.4	-1.9	-1.1	-1.5	NA	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	968	1,052	1,156	1,326	1,153	1,175	873	868	1,039	915	425
Sales YoY Gr.	-	8.7%	9.9%	14.7%	-13%	1.9%	-25.7%	-0.6%	19.7%	-11.9%	-
Adj EPS ⓘ	8	6.4	-0.8	5.1	-6.5	-10.1	-69	-23.4	-38.4	-40.6	44.8
YoY Gr.	-	-20%	-112.9%	NA	-227.1%	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	144.7	150.3	152	155.2	154.4	148.1	81.8	58.6	20.7	-17.4	17.1
Adj Net Profit ⓘ	19.8	15.9	-2.1	12.8	-16.2	-25	-172	-58.3	-95.6	-109	144
Cash Flow from Ops. ⓘ	47.7	114	139	30.1	188	120	91.4	77.9	74.4	35.4	-
Debt/CF from Ops. ⓘ	10.6	5.2	4.5	25.3	3.9	6	7.8	8	8.4	18.2	-

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%	NA	NA	NA
BVPSⓘ	-179%	-164.6%	-159.7%	-183.9%
Share Price	-11.8%	74.3%	52.8%	23%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	5.9	4.3	-0.5	3.3	-4.2	-6.6	-60	-33.4	-96.9	-2284.4	-29860
Op. Profit Mgn % ⓘ	10.7	10.8	12.1	13.8	13.4	11.2	-7.8	-3.2	0.6	-2.1	-36.6
Net Profit Mgn % ⓘ	2	1.5	-0.2	1	-1.4	-2.1	-19.7	-6.7	-9.2	-11.9	33.8
Debt to Equity ⓘ	1.4	1.6	1.7	2	1.9	2	3.5	4.3	12.1	-13.8	2.9
Working Cap Days ⓘ	168	171	162	162	216	230	279	226	175	175	137
Cash Conv. Cycle ⓘ	66	70	72	87	111	88	111	76	50	49	-168

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years 1.60%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -38.81%

Latest Financials - Flexituff Ventures International Ltd.

	Standalone	Consolidated
TTM EPS (₹)	44.8	45.8
TTM Sales (₹ Cr.)	425	425
BVPS (₹.) ⓘ	17.1	12.5
Reserves (₹ Cr.) ⓘ	23	8
P/BV ⓘ	3.46	4.74
PE ⓘ	1.32	1.29

From the Market
52 Week Low / High (₹)	29.00 / 96.60
All Time Low / High (₹)	3.09 / 384.55
Market Cap (₹ Cr.)	190
Equity (₹ Cr.)	32.1
Face Value (₹)	10
Industry PE ⓘ	26.8

Management X-Ray of Flexituff Ventures:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

81.26

70.87

72.25

64.08

42.11

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

Valuation of Flexituff Ventures

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Flexituff Ventures

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	968	1,052	1,156	1,326	1,153	1,175	873	868	1,039	915
Operating Expenses ⓘ	865	939	1,017	1,151	999	1,044	942	895	1,036	935
Manufacturing Costs	51	141	146	180	171	202	195	159	170	140
Material Costs	638	607	656	706	551	574	463	452	573	506
Employee Cost	108	126	148	179	196	196	177	168	188	175
Other Costs ⓘ	69	65	67	86	80	72	106	117	105	114
Operating Profit ⓘ	103	113	140	176	154	131	-69	-27	3	-20
Operating Profit Margin (%)	10.7%	10.8%	12.1%	13.2%	13.4%	11.1%	-7.9%	-3.2%	0.3%	-2.1%
Other Income ⓘ	9	12	19	9	32	27	20	93	20	14
Interest ⓘ	56	68	92	108	110	109	74	73	67	70
Depreciation ⓘ	26	45	65	69	75	70	75	73	69	68
Exceptional Items ⓘ	-10	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	20	12	1	8	1	-22	-197	-80	-114	-144
Tax ⓘ	7	-8	-3	0	3	-6	-32	-22	-19	-39
Profit After Tax	13	20	4	7	-2	-16	-165	-58	-95	-105
PAT Margin (%)	1.3%	1.9%	0.3%	0.6%	-0.2%	-1.3%	-19.0%	-6.7%	-9.1%	-11.4%
Adjusted EPS (₹)	5.1	7.9	1.6	3.0	-0.9	-6.3	-66.5	-23.2	-38.0	-38.9
Dividend Payout Ratio (%)	19%	13%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	360	374	378	386	384	368	204	146	51	-47
Share Capital ⓘ	25	25	25	25	25	25	25	25	25	27
Reserves ⓘ	335	349	353	361	359	344	179	121	27	-74
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	449	544	556	716	483	551	356	342	343	322
Long Term Debt	233	290	285	443	219	286	19	24	25	0
Short Term Debt	216	254	271	272	264	265	338	318	319	322
Trade Payables	131	157	157	154	189	250	166	233	221	190
Others Liabilities ⓘ	146	156	144	105	300	239	408	314	305	342
Total Liabilities ⓘ	1,087	1,232	1,235	1,361	1,357	1,408	1,133	1,034	921	807
Fixed Assets
Gross Block	586	825	894	708	754	803	849	848	843	873
Accumulated Depreciation	100	148	213	69	143	211	281	353	411	479
Net Fixed Assetsⓘ	485	677	682	640	611	592	568	495	432	394
CWIP ⓘ	100	4	12	30	28	15	0	0	0	0
Investmentsⓘ	1	1	1	1	1	1	1	1	0	0
Inventories	99	122	107	152	162	150	140	131	101	92
Trade Receivables	237	263	320	395	363	386	238	249	254	200
Cash Equivalents	26	29	26	24	16	20	12	17	12	11
Others Assetsⓘ	138	135	87	119	176	245	175	142	122	109
Total Assets ⓘ	1,087	1,232	1,235	1,361	1,357	1,408	1,133	1,034	921	807

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	48	114	139	30	188	120	91	78	74	35
PBT ⓘ	30	12	1	8	1	-22	-197	-80	-114	-144
Adjustment ⓘ	78	97	156	179	175	168	185	114	151	159
Changes in Working Capital ⓘ	-53	9	-19	-156	14	-25	107	45	37	19
Tax Paid ⓘ	-7	-4	0	0	-2	-1	-3	-1	0	2
Cash Flow From Investing Activity ⓘ	-162	-116	-52	-41	-47	-24	-19	6	0	2
Capex	-167	-116	-65	-36	-48	-39	-34	-5	-3	-2
Net Investments	5	0	0	-8	-6	3	9	0	-1	0
Others ⓘ	0	0	13	3	6	12	6	10	4	3
Cash Flow From Financing Activityⓘ	117	3	-77	7	-147	-99	-70	-85	-71	-42
Net Proceeds from Shares ⓘ	42	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	107	22	1	126	-28	0	0	0	0	0
Interest Paid ⓘ	-56	-54	-92	-108	-110	-104	-58	-55	-66	-52
Dividend Paid ⓘ	-3	-3	-3	0	0	0	0	0	0	0
Others ⓘ	27	39	17	-11	-9	5	-12	-30	-5	11
Net Cash Flow ⓘ	2	1	10	-4	-6	-3	2	-2	3	-5

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	3.82	5.38	1.07	1.94	-0.61	-4.19	-57.84	-33.04	-95.84	N/A
ROCE (%)	9.76	8.69	9.46	10.76	9.88	7.94	-12.26	-0.82	-6.55	N/A
Asset Turnover Ratio	0.99	0.91	0.94	1.03	0.85	0.85	0.69	0.8	1.06	1.06
PAT to CFO Conversion(x)	3.69	5.7	34.75	4.29	N/A	N/A	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	84	86	91	98	120	116	131	103	88	90
Inventory Days	39	38	36	35	50	48	60	57	41	38
Payable Days	75	87	88	81	114	140	164	161	145	148

Flexituff Ventures International Ltd Stock News

Flexituff Ventures International Ltd FAQs

What is the share price of Flexituff Ventures?

Company share prices are keep on changing according to the market conditions. The closing price of Flexituff Ventures on 21-Nov-2024 16:59 is ₹58.98.

What is the market cap of Flexituff Ventures?

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-Nov-2024 16:59 the market cap of Flexituff Ventures stood at ₹189.6.

What is the P/E ratio of Flexituff Ventures?

The latest P/E ratio of Flexituff Ventures as of 21-Nov-2024 16:59 is 1.32.

What is the P/B ratio of Flexituff Ventures?

The latest P/B ratio of Flexituff Ventures as of 21-Nov-2024 16:59 is 3.46.

What is the 52-week high and low of Flexituff Ventures?

The 52-week high of Flexituff Ventures is ₹96.60 and the 52-week low is ₹29.00.

What is the TTM revenue of Flexituff Ventures?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Flexituff Ventures is ₹425.4 ( 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.