159.30
+3.44%
Close of 9 Nov 2026, in INR
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About Mega Flex Plastics
Its shares trade on NSE under the ticker MEGAFLEX.NS. It has been listed since 19 September 2022. In the fiscal year to 31 March 2024, it reported revenue of ₹484.0m and net income of ₹14.0m. At that date it held total assets of ₹478.0m and shareholders' equity of ₹462.0m.
Mega Flex Plastics Ltd. engages in the manufacture, process and sale of flexible packaging. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2022-09-19. The firm is engaged in manufacturing of leno bags which are used for packaging of agricultural products, such as potatoes, onions, garlic, coconuts, fruits and vegetables. Its leno bags are made from plastic granules and are used multiple times for storage of fruits and vegetables. Its leno bags are used in cold storage and warehouse for storing of various products. Its polypropylene (PP) woven fabric products are used in different industrial segments, such as bag manufacture, fertilizers, polymers, chemicals, textiles, machinery and food grain packing. Its brands include Lenoflex, Kisan, Kisan Regular, Goldflex, Goldflex Lite, Tiger, Tiranga, Hena. Its plant for manufacturing PP leno bags is situated at Sudha Ras Food and Poly Park, Howrah, West Bengal, India.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Containers & Packaging
- Listed since
- 19 Sept 2022
- Website
- megaflex.co.in ↗
Leadership
Pay as last reported
- Mr. Mohan ParakhChairman and Whole Time Director, since 2008₹1.5m
- Mr. Sanjay SinghChief Financial Officer₹793,000
- Ms. Sweta SinghiCompany Secretary, Compliance Officer₹650,000
- Mr. Hukum BothraManaging Director, Executive Director, since 2004₹1.5m
- Mr. Rakesh SethiaExecutive Director, since 2003
- Ms. Aakriti AgarwalNon-Executive Independent Director
- Ms. Puja DagaNon-Executive Independent Director
- Mrs. Pragya JhunjhunwalaNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Manufactures leno bags for agricultural products including potatoes, onions, garlic, coconuts, fruits, and vegetables.
- Produces polypropylene woven fabric products used in multiple industrial segments such as bag manufacture and food grain packing.
- Operates a manufacturing plant at Sudha Ras Food and Poly Park, Howrah, West Bengal.
Weaknesses
- Relies on plastic granules for manufacturing leno bags which may face environmental concerns.
- Limited brand portfolio with specific product names like Lenoflex and Kisan Regular.
- No mention of digital or online presence beyond the company website.
Opportunities
- Expansion into new markets for flexible packaging solutions in the agricultural sector.
- Potential growth in demand for reusable packaging solutions like leno bags.
- Increasing adoption of sustainable packaging practices in the industry.
Threats
- Environmental regulations may impact the use of plastic granules in manufacturing.
- Competition from alternative packaging materials in the flexible packaging industry.
- Dependence on agricultural product storage which may be affected by seasonal fluctuations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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