About
Flex Foods Limited engages in the cultivation and processing of food products in freeze dried, air dried, and individually quick -frozen forms in India and internationally. The company offers herbs, such as basil, borrage, chervil, chives, coriander/cilantro, curry leaves, dill, fennel, fenugreek, garden cress, hysop, lemon grass, lovage, marjoram, mint, oregano, parsley, pimperella, rocula, rosemary, sage, savory, sorrel, thai basil, and thyme; vegetables, including baby corn, broccoli, cabbage, carrot, cauliflower, french beans, garlic, ginger, green capsicum, green chilli, green peas, leek, mushroom, okra/ladies finger, potato, pumpkin, red onion, canned, sweet corn, spinach, spring onion, and white onions; fruits, comprising apple, banana, mango, pineapple, sapota/chikoo, strawberry, papaya, coconut, grapes, and guava; and herbs, including basil, chervil, coriander, dill, marjoram, mint, oregano, parsley, sage, sorrel, and thyme. The company exports its products to the United States, Europe, Australia, South Africa, and Asia. Flex Foods Limited was incorporated in 1990 and is headquartered in Noida, India.
Key Metrics
as of Sep 2026Market Cap58 Cr
P/E—
Div Yield1.07 %
Book Value₹7.41
52w High₹68.90
52w Low₹29.40
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 59.74 | 56.28 | 45.94 | 49.18 | 40.49 | 45.51 | 28.10 | 36.69 | 39.67 | 44.44 | 27.90 | 22.66 | 26.95 |
| Expenses | 50.86 | 49.46 | 45.39 | 50.33 | 46.67 | 42.28 | 28.51 | 45.43 | 37.87 | 37.95 | 38.23 | 24.47 | 23.49 |
| Operating Profit | 8.88 | 6.82 | 0.55 | -1.15 | -6.18 | 3.23 | -0.41 | -8.74 | 1.80 | 6.49 | -10.33 | -1.81 | 3.46 |
| OPM % | 14.86 | 12.12 | 1.20 | -2.34 | -15.26 | 7.10 | -1.46 | -23.82 | 4.54 | 14.60 | -37.03 | -7.99 | 12.84 |
| Other Income | 0.37 | 0.41 | 0.12 | 0.38 | 0.07 | 0.22 | 0.05 | 0.04 | 0.07 | 0.31 | 0.04 | 0.03 | 0.03 |
| Depreciation | 4.38 | 4.35 | 4.47 | 4.47 | 4.42 | 4.13 | 4.19 | 4.20 | 4.14 | 4.15 | 4.22 | 4.22 | 3.64 |
| Interest | 6.52 | 5.96 | 6.50 | 6.40 | 6.57 | 5.84 | 5.71 | 6.17 | 5.08 | 5.59 | 4.87 | 3.34 | 3.43 |
| Profit before tax | -1.65 | -3.08 | -10.30 | -11.64 | -17.10 | -6.52 | -10.26 | -19.07 | -7.35 | -2.94 | -19.38 | -9.34 | -3.58 |
| Tax % | -20.00 | -19.16 | -23.69 | -27.15 | -24.21 | -19.63 | -25.34 | -25.96 | -25.44 | -40.48 | -23.53 | -26.23 | -31.01 |
| Net Profit | -1.32 | -2.49 | -7.86 | -8.48 | -12.96 | -5.24 | -7.66 | -14.12 | -5.48 | -1.75 | -14.82 | -6.89 | -2.47 |
| EPS in Rs | -1.06 | -2.00 | -6.31 | -6.81 | -10.41 | -4.21 | -6.15 | -11.34 | -4.40 | -1.41 | -11.90 | -5.53 | -1.98 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 191.00 | 149.00 | 119.00 | 116.00 | 111.00 | 102.00 | 80.00 | 84.00 | 91.00 | 85.00 | 83.00 | 72.00 |
| Expenses | 191.00 | 153.00 | 122.00 | 105.00 | 92.00 | 82.00 | 69.00 | 67.00 | 74.00 | 66.00 | 64.00 | 54.00 |
| Operating Profit | 0.00 | -4.00 | -2.00 | 11.00 | 20.00 | 20.00 | 12.00 | 18.00 | 17.00 | 19.00 | 18.00 | 19.00 |
| OPM % | 0.00 | -2.80 | -1.90 | 10.00 | 18.00 | 20.00 | 15.00 | 21.00 | 19.00 | 22.00 | 22.00 | 26.00 |
| Other Income | 1.00 | 0.00 | 0.00 | 1.00 | 0.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Interest | 25.00 | 23.00 | 17.00 | 16.00 | 2.00 | 2.00 | 2.00 | 3.00 | 4.00 | 5.00 | 4.00 | 3.00 |
| Depreciation | 18.00 | 17.00 | 16.00 | 10.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 |
| Profit before tax | -42.00 | -43.00 | -35.00 | -14.00 | 12.00 | 15.00 | 6.00 | 11.00 | 11.00 | 11.00 | 13.00 | 14.00 |
| Tax % | -25.00 | -25.00 | -26.00 | -24.00 | 26.00 | 22.00 | -19.00 | 0.00 | 36.00 | 30.00 | 37.00 | 35.00 |
| Net Profit | -32.00 | -32.00 | -26.00 | -11.00 | 9.00 | 12.00 | 7.00 | 11.00 | 7.00 | 8.00 | 8.00 | 9.00 |
| EPS in Rs | -25.53 | -26.10 | -20.83 | -8.51 | 7.33 | 9.64 | 5.45 | 8.86 | 5.47 | 6.31 | 6.56 | 7.56 |
| Dividend Payout % | 0.00 | 0.00 | -2.00 | -6.00 | 14.00 | 10.00 | 14.00 | 11.00 | 0.00 | 40.00 | 38.00 | 30.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 |
| Reserves | -3.00 | 29.00 | 63.00 | 90.00 | 101.00 | 93.00 | 82.00 | 77.00 | 66.00 | 64.00 | 60.00 | 51.00 |
| Borrowings | 308.00 | 280.00 | 263.00 | 236.00 | 149.00 | 15.00 | 18.00 | 27.00 | 31.00 | 36.00 | 40.00 | 25.00 |
| Other Liabilities | 91.00 | 66.00 | 55.00 | 41.00 | 38.00 | 27.00 | 27.00 | 24.00 | 29.00 | 28.00 | 27.00 | 24.00 |
| Total Liabilities | 408.00 | 388.00 | 392.00 | 379.00 | 300.00 | 149.00 | 139.00 | 141.00 | 139.00 | 141.00 | 139.00 | 113.00 |
| Fixed Assets | 246.00 | 259.00 | 268.00 | 234.00 | 78.00 | 76.00 | 80.00 | 83.00 | 81.00 | 75.00 | 76.00 | 55.00 |
| CWIP | 1.00 | 1.00 | 2.00 | 49.00 | 124.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 | 2.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 161.00 | 129.00 | 122.00 | 96.00 | 99.00 | 72.00 | 58.00 | 57.00 | 58.00 | 65.00 | 63.00 | 55.00 |
| Total Assets | 408.00 | 388.00 | 392.00 | 379.00 | 300.00 | 149.00 | 139.00 | 141.00 | 139.00 | 141.00 | 139.00 | 113.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3.00 | 12.00 | -13.00 | 7.00 | 2.00 | 13.00 | 17.00 | 17.00 | 18.00 | 10.00 | 26.00 | 11.00 |
| Cash from Investing Activity | -4.00 | -6.00 | -3.00 | -88.00 | -129.00 | -1.00 | -2.00 | -7.00 | -11.00 | -4.00 | -21.00 | -7.00 |
| Cash from Financing Activity | 1.00 | -6.00 | 15.00 | 68.00 | 130.00 | -5.00 | -13.00 | -8.00 | -12.00 | -12.00 | 4.00 | -7.00 |
| Net Cash Flow | 0.00 | 0.00 | -1.00 | -13.00 | 3.00 | 7.00 | 1.00 | 2.00 | -5.00 | -6.00 | 9.00 | -4.00 |
| Free Cash Flow | -1.00 | 6.00 | -17.00 | -82.00 | -127.00 | 11.00 | 14.00 | 9.00 | 7.00 | 5.00 | 3.00 | 1.00 |
| CFO/OP % | -10,967.00 | -281.00 | 601.00 | 69.00 | 30.00 | 80.00 | 140.00 | 100.00 | 125.00 | 66.00 | 154.00 | 80.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 100.00 | 96.00 | 116.00 | 94.00 | 89.00 | 92.00 | 48.00 | 73.00 | 82.00 | 87.00 | 82.00 | 62.00 |
| Inventory Days | 330.00 | 342.00 | 641.00 | 602.00 | 257.00 | 278.00 | 671.00 | 681.00 | 389.00 | 590.00 | 464.00 | 680.00 |
| Days Payable | 274.00 | 228.00 | 362.00 | 315.00 | 139.00 | 100.00 | 245.00 | 210.00 | 178.00 | 288.00 | 262.00 | 254.00 |
| Cash Conversion Cycle | 155.00 | 211.00 | 395.00 | 380.00 | 207.00 | 269.00 | 474.00 | 544.00 | 294.00 | 389.00 | 284.00 | 488.00 |
| Working Capital Days | -103.00 | -83.00 | -18.00 | 12.00 | -30.00 | 71.00 | 70.00 | 66.00 | 71.00 | 48.00 | 22.00 | 24.00 |
| ROCE % | -5.00 | -6.00 | -5.00 | 1.00 | 8.00 | 15.00 | 7.00 | 13.00 | 13.00 | 14.00 | 17.00 | 20.00 |
Corporate Actions
17 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 25 Jul 2025 | 25 Jul 2025 | — | 0.50 | |
| Dividend | 02 Aug 2024 | — | — | 0.50 | |
| Dividend | 28 Jul 2023 | — | — | 0.50 | |
| Dividend | 14 Jul 2022 | — | — | 1.00 | |
| Dividend | 08 Sep 2021 | — | — | 1.00 | |
| Dividend | 16 Sep 2020 | — | — | 0.75 | |
| Dividend | 26 Jul 2019 | — | — | 1.00 | |
| Dividend | 03 Aug 2017 | — | — | 2.50 | |
| Dividend | 11 Aug 2016 | — | — | 2.50 | |
| Dividend | 13 Aug 2015 | — | — | 2.25 | |
| Dividend | 13 Aug 2014 | — | — | 2.25 | |
| Dividend | 20 Jun 2013 | — | — | 2.00 | |
| Dividend | 17 Aug 2012 | — | — | 2.00 | |
| Dividend | 25 Aug 2011 | — | — | 2.00 | |
| Dividend | 18 Aug 2010 | — | — | 2.00 | |
| Dividend | 24 Sep 2009 | — | — | 2.00 | |
| Dividend | 30 Jul 2008 | — | — | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update14 May from fitch
-
Rating update21 Feb 2025 from fitch
-
Rating update27 Dec 2023 from fitch
-
Rating update7 Oct 2022 from fitch
-
Rating update28 Oct 2021 from crisil
-
Rating update6 Oct 2021 from fitch