Flexituff Ventures International Ltd

Flexituff Vent. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Flexituff Ventures International Ltd

₹ 59.0 -1.67%
22 Nov - close price
flexituff.com BSE: 533638 NSE: FLEXITUFF
About

Incorporated in 1966, Flexituff Ventures International Ltd is in the business of technical textile[1]

Key Points

Business Overview:[1]
Company manufactures Flexible Intermediate Bulk Container (FIBC), reverse printed BiaxiallyOriented Polypropylene (BOPP) woven bags, Leno Bags (small packaging bags, primarily for domestic markets), geotextile fabrics and ground cover (used for prevention of landslides, control of soil erosion and riverbank protection) and polymer compounds (used for wires and cables) and drippers. Main product
of the company is FIBC, which is used in bulk packaging and transportation requirement
for multiple industries like cement, chemical, pharmaceutical, food processing consumer goods, sugar and meat products

Website BSE NSE - BE
  • Market Cap ₹ 194 Cr.
  • Current Price ₹ 59.0
  • High / Low ₹ 96.6 / 28.1
  • Stock P/E
  • Book Value ₹ 16.2
  • Dividend Yield 0.00 %
  • ROCE -33.2 %
  • ROE %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 3.64 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -1.55%
  • The company has delivered a poor sales growth of -12.6% over past five years.
  • Promoter holding is low: 32.2%
  • Contingent liabilities of Rs.78.6 Cr.
  • Promoters have pledged 42.1% of their holding.
  • Earnings include an other income of Rs.550 Cr.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Packaging Industry: Packaging

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
260 273 241 246 259 225 184 161 177 147 113 80 85
253 265 251 229 264 235 207 184 192 178 165 160 78
Operating Profit 8 8 -10 18 -5 -10 -23 -23 -15 -31 -52 -80 7
OPM % 3% 3% -4% 7% -2% -4% -12% -14% -8% -21% -46% -100% 9%
5 2 9 5 3 4 2 2 2 2 2 544 1
Interest 17 15 18 18 17 18 17 18 21 22 24 5 38
Depreciation 18 18 16 18 17 17 16 15 15 14 14 12 10
Profit before tax -21 -22 -36 -13 -36 -41 -53 -54 -49 -65 -88 447 -39
Tax % -7% -27% -3% -22% -1% -10% -60% -29% -44% -16% -27% 39% -70%
-20 -16 -35 -10 -36 -37 -21 -38 -28 -55 -64 275 -12
EPS in Rs -8.01 -6.30 -13.95 -4.08 -14.37 -14.93 -7.98 -14.28 -10.36 -17.91 -20.80 89.46 -3.63
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
863 965 1,052 1,156 1,326 1,153 1,175 873 868 1,039 915 599 425
745 862 939 1,017 1,151 999 1,043 941 875 1,034 935 719 581
Operating Profit 118 103 113 140 176 154 132 -68 -7 5 -20 -121 -156
OPM % 14% 11% 11% 12% 13% 13% 11% -8% -1% 1% -2% -20% -37%
3 -1 12 19 9 32 26 19 73 17 14 8 550
Interest 63 56 68 92 108 110 109 74 73 67 70 85 89
Depreciation 21 26 45 65 69 75 70 74 73 69 68 59 50
Profit before tax 37 20 12 1 8 1 -22 -197 -80 -114 -144 -257 255
Tax % 25% 36% -64% -195% 2% 357% -27% -16% -28% -17% -27% -28%
28 13 20 4 7 -2 -16 -165 -58 -95 -104 -185 144
EPS in Rs 12.03 5.13 7.94 1.61 2.97 -0.94 -6.34 -66.48 -23.20 -38.01 -38.87 -60.28 47.12
Dividend Payout % 8% 19% 13% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -5%
5 Years: -13%
3 Years: -12%
TTM: -43%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -25%
TTM: 29%
Stock Price CAGR
10 Years: -12%
5 Years: 74%
3 Years: 49%
1 Year: 34%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 23 25 25 25 25 25 25 25 25 25 27 31 33
Reserves 285 335 349 353 361 359 344 179 121 27 -74 -252 20
391 506 596 626 762 722 726 717 622 624 653 650 277
210 221 261 231 213 251 313 241 317 319 314 521 168
Total Liabilities 909 1,087 1,232 1,235 1,361 1,357 1,408 1,161 1,084 995 920 951 499
411 485 677 682 670 639 607 568 495 432 394 346 243
CWIP 34 100 4 12 0 0 0 0 0 0 0 0 0
Investments 10 1 1 1 1 1 1 1 1 0 0 1 0
454 501 549 540 690 716 800 592 589 563 526 605 256
Total Assets 909 1,087 1,232 1,235 1,361 1,357 1,408 1,161 1,084 995 920 951 499

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
65 48 114 139 30 188 120 91 78 74 35 180
-99 -162 -116 -52 -41 -47 -24 -19 6 0 2 -2
39 117 3 -77 7 -147 -99 -70 -85 -71 -42 -82
Net Cash Flow 6 2 1 10 -4 -6 -3 2 -2 3 -5 96

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 91 90 91 101 109 115 120 100 105 89 80 79
Inventory Days 73 57 64 53 68 107 95 110 106 64 66 98
Days Payable 88 75 83 78 69 125 159 131 189 141 137 182
Cash Conversion Cycle 76 71 73 76 108 97 56 79 22 13 9 -5
Working Capital Days 79 92 85 77 109 62 84 -26 79 53 35 -127
ROCE % 16% 11% 9% 9% 11% 10% 8% -12% -8% -6% -11% -33%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
32.88% 32.88% 32.88% 32.88% 32.88% 34.90% 34.90% 34.90% 33.79% 33.79% 33.79% 32.24%
0.93% 0.93% 0.93% 0.93% 0.93% 0.86% 0.86% 0.86% 0.75% 0.75% 0.75% 0.70%
6.13% 6.13% 6.13% 6.13% 6.13% 5.67% 5.67% 5.67% 4.97% 3.42% 2.75% 2.26%
60.06% 60.06% 60.06% 60.06% 60.06% 58.57% 58.58% 58.58% 60.49% 62.04% 62.71% 64.80%
No. of Shareholders 4,4284,7604,7274,8154,6794,4554,3724,5404,3734,6594,7174,688

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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