Flexituff Ventures International Limited (FLEXITUFF) AI Stock Analysis

• Market Cap: ₹359.74M
• Dividend Yield: N/A
• Average Volume (3M): 3.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: -67.01%
• EPS Growth: -140.84%
• Country: IN
• Employees: 6,876
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Apparel - Manufacturers
• EPS (TTM): -5.49
• Shares Outstanding: 32,822,807
• 10 Day Avg. Volume: 7,847
• 30 Day Avg. Volume: 3,148
• PEG Ratio: >-0.01
• Price to Book (P/B): 6.20
• Price to Sales (P/S): 0.32
• P/FCF Ratio: -0.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: ₹11.50 ▼(-11.13% Downside)

The score is driven primarily by weak financial performance (volatile results, high leverage, and negative 2025 operating/free cash flow). Technicals add pressure with a strong downtrend below all key moving averages, while valuation is not supportive due to a negative P/E and no dividend yield data.

Positive Factors

Diversified end markets

Flexituff's product set (FIBCs, woven PP fabrics) serves multiple industrial sectors, reducing reliance on any single cyclical end market. This cross-industry demand base supports steadier long-term orders and revenue diversification, helping sustain utilization and mitigate sector-specific downturns.

Viable manufacturing economics

A positive gross margin indicates core production can cover direct costs, showing inherent unit economics in bag and fabric manufacturing. That allows management to focus on improving operating efficiency and cost controls to restore EBIT profitability over the medium term, assuming demand stabilizes.

Equity turned positive

Reversal to positive equity signals capital structure repair or retained earnings improvement, easing solvency concerns. Improved equity provides more borrowing headroom, reduces immediate default risk, and creates capacity for strategic investments or working capital support over the next several quarters.

Negative Factors

High leverage

Material leverage constrains financial flexibility: interest and principal servicing competes with capital spending and working capital needs. With volatile earnings, high debt raises refinancing and covenant risks, limiting ability to invest in capacity or ride out sustained demand weakness.

Negative operating and free cash flow

Negative OCF and FCF indicate core operations don't generate surplus cash after capex, forcing external financing for growth or debt service. Structurally weak cash generation raises liquidity risk, hinders reinvestment in efficiency, and can lead to costly refinancing or asset sales if prolonged.

Sharp revenue and EPS decline

A severe revenue drop and steep EPS decline reflect structural demand or execution problems that impair scale economics. Persistent top-line volatility undermines forecasting, supplier/customer confidence and margin recovery, making medium-term margin restoration and cash flow normalization more difficult.

Flexituff Ventures International Limited Business Overview & Revenue Model

Company Description

Flexituff Ventures International Limited manufactures and sells woven and non-woven geo-textiles in India, the United States, Singapore, and internationally. It offers flexible intermediate bulk containers (FIBCs), including four loop and single/two loop bags, builder bags/tunnel lift bags, type C and D specialized bags, baffle bags, UN bags, ventilated bags, and FIBCs with special liners; polypropylene woven bags; and non-woven floor covering carpets, interlining for apparels, non-woven filter fabrics, and synthetic leather substrates and shoe linings, as well as injection-molded drippers. The company also produces and sells geosynthetics, such as sand-tubular geomattresses, and flexicell products; and geosynthetics-gravity reinforced wall chains comprising inter-connected chambers, geocomposite geobags, and geotextile tubes, as well as geofil mattresses, dewatering geo tubes, and nonwoven geobags. It also exports its products to approximately 60 countries. The company was formerly known as Flexituff International Limited and changed its name to Flexituff Ventures International Limited in September 2018. Flexituff Ventures International Limited was incorporated in 1993 and is based in Pithampur, India.

How the Company Makes Money

FLEXITUFF generates revenue primarily through the sale of its flexible packaging products, including FIBCs and woven sacks, to a wide array of industries. The company's revenue model is based on direct sales to manufacturers and distributors, often involving bulk orders that ensure a steady cash flow. Key revenue streams include contracts with large industrial clients and international exports, which allow FLEXITUFF to capitalize on global demand for packaging solutions. Additionally, the company may engage in strategic partnerships with suppliers and distributors to enhance its market reach and drive sales growth. Factors contributing to its earnings include operational efficiencies in production, strong brand recognition, and a commitment to quality that fosters customer loyalty.

Flexituff Ventures International Limited Financial Statement Overview

Summary

Overall financial health is weak: revenue and profitability have been volatile, leverage is high despite equity turning positive in 2025, and cash flow deteriorated with negative operating and free cash flow in 2025.

Income Statement

Flexituff Ventures International Limited has experienced substantial volatility in revenue and profitability. The company saw a sharp decline in total revenue from 2024 to 2025, and profit margins have been negative, indicating operational challenges. The gross profit margin was positive for 2025, but the EBIT margin was notably negative, suggesting significant operational inefficiencies. The net profit margin is positive for 2025 due to a large net income, but this follows a period of negative margins, indicating inconsistent profitability.

Balance Sheet

The company's balance sheet reveals high leverage, with a significant debt-to-equity ratio that highlights financial risk. Stockholders' equity turned positive in 2025 after being negative in previous years, indicating some improvement. However, the equity ratio remains low, suggesting reliance on debt financing. The return on equity is not analyzed due to negative net income in prior years. Overall, the balance sheet indicates financial instability with potential risk from high leverage.

Cash Flow

Flexituff's cash flows indicate substantial challenges. The operating cash flow turned negative in 2025, showing cash management issues. Free cash flow was also negative, highlighting difficulties in generating cash from operations after capital expenditures. The operating cash flow to net income ratio cannot be reliably calculated due to inconsistent net income. The company faces significant cash flow management issues, impacting its financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.20B	2.89B	5.98B	9.15B	10.39B	8.45B
Gross Profit	825.05M	961.76M	1.88B	3.24B	3.63B	3.17B
EBITDA	-196.69M	4.29B	-1.12B	-265.31M	304.88M	635.47M
Net Income	-573.75M	2.38B	-1.83B	-1.20B	-868.30M	-592.44M
Balance Sheet
Total Assets	0.00	4.68B	11.84B	8.93B	9.98B	10.80B
Cash, Cash Equivalents and Short-Term Investments	122.83M	515.20M	1.55B	303.36M	131.55M	56.31M
Total Debt	0.00	2.38B	6.72B	6.53B	6.24B	6.22B
Total Liabilities	-50.23M	4.63B	12.28B	9.62B	9.50B	9.46B
Stockholders Equity	50.23M	147.10M	-343.12M	-602.78M	499.28M	1.37B
Cash Flow
Free Cash Flow	0.00	-3.19B	79.54M	371.10M	736.27M	777.00M
Operating Cash Flow	0.00	-3.19B	127.93M	387.94M	764.31M	823.26M
Investing Cash Flow	0.00	4.74B	-39.14M	-7.34M	-24.78M	18.74M
Financing Cash Flow	0.00	-2.98B	1.42B	-420.23M	-712.36M	-852.11M

Flexituff Ventures International Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.94
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FLEXITUFF, the sentiment is Negative. The current price of 12.94 is above the 20-day moving average (MA) of 11.76, below the 50-day MA of 13.81, and below the 200-day MA of 25.34, indicating a bearish trend. The MACD of -0.88 indicates Negative momentum. The RSI at 31.95 is Neutral, neither overbought nor oversold. The STOCH value of 47.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:FLEXITUFF.

Flexituff Ventures International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TPLPLASTEH	71 Outperform	₹4.76B	18.23	―	1.49%	14.78%	19.77%
SAH	63 Neutral	₹1.80B	123.12	―	―	7.47%	104.95%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
EMMBI	60 Neutral	₹1.80B	23.54	―	0.29%	11.97%	-29.32%
GENUSPAPER	50 Neutral	₹3.01B	40.44	―	―	23.58%	154.81%
FLEXITUFF	40 Underperform	₹359.74M	-0.57	―	―	-67.01%	-140.84%

Flexituff Ventures International Limited Corporate Events

Flexituff Ventures Reports Financial Results Amid Review Limitations

Flexituff Ventures International Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025. The results, reviewed by the Audit Committee and approved by the Board of Directors, reveal significant limitations in obtaining complete financial information, which restricted the review process. This development could impact stakeholders’ confidence and the company’s financial transparency.

Flexituff Ventures Faces Delay in Financial Results Due to Operational Challenges

Flexituff Ventures International Limited announced a delay in the submission of its financial results for the quarter and half-year ending September 30, 2025, due to operational disruptions at its Kashipur plant. The disruptions, caused by a shortage of critical raw materials, have led to a labor strike and hindered access to financial records, impacting the company’s ability to meet the regulatory deadline. Flexituff is actively working to resolve these issues and aims to publish the financial results as soon as possible, while requesting an extension and assurance that no adverse actions will be taken against the company.