Flexituff Ventures International Limited (FLEXITUFF) AI Stock Analysis

• Market Cap: ₹218.27M
• Dividend Yield: N/A
• Average Volume (3M): 3.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.02
• Revenue Growth: -67.01%
• EPS Growth: -140.84%
• Country: IN
• Employees: 6,876
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Apparel - Manufacturers
• EPS (TTM): -8.93
• 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: ₹6.50 ▼(-49.77% Downside)
• Action: Reiterated Date: 02/28/26
• Date: Action: Reiterated 02/28/26

The score is held down primarily by weak financial performance (volatile results, high leverage, and negative operating/free cash flow) and a bearish technical setup (price below all key moving averages with negative MACD). Valuation contributes limited support due to a negative P/E and no dividend yield data.

Positive Factors

Diverse industrial end markets

Serving multiple industrial sectors (chemicals, agriculture, food ingredients, minerals, construction) gives structural demand diversification. This reduces exposure to any single cyclical end market and supports steadier long-run volume opportunities from basic industrial and agricultural packaging needs.

Export and domestic distribution capability

Capacity to sell both domestically and to export markets provides strategic market flexibility. It allows the company to pivot to stronger regions when local demand softens, sustain plant utilization and capture international pricing or volume advantages over multi-month horizons.

Positive gross profit margin in latest year

A positive gross margin despite operational stress indicates the core product economics can cover variable costs. If management stabilizes overheads and restores volumes, this structural unit-margin supports durable cash generation potential once operating leverage improves.

Negative Factors

High leverage and low equity ratio

Material reliance on debt financing leaves the company exposed to interest and refinancing risk over the medium term. Low equity ratio constrains balance-sheet flexibility, limits ability to absorb demand shocks, and increases vulnerability if cash generation remains weak.

Negative operating and free cash flow

Sustained negative operating and free cash flow undermines the firm’s capacity to self-fund working capital and capex. Over several months this erodes liquidity, forces reliance on external financing, and can curtail reinvestment necessary to retain customers and maintain manufacturing capability.

Volatile revenue and sharp recent decline

A severe revenue contraction and inconsistent margins indicate fragile demand for current offerings or lost customer volumes. Structural recovery will require rebuilding order book, market share or product mix improvements, which can take multiple quarters and strain margins and cash until scale returns.

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 makes money primarily by manufacturing and selling industrial packaging and technical textile products. Key revenue streams include (1) sales of FIBCs/bulk bags (including standard and specialized bulk bags) where revenue is typically earned on a per-unit/order basis for packaging supplied to industrial customers; and (2) sales of woven PP fabrics and related packaging materials (often sold by weight/length or as converted products), which can be used internally for bag production or sold to external customers. Earnings are driven by customer order volumes, product mix (standard vs. customized/specialty packaging), pricing linked to polypropylene and other raw-material costs, manufacturing utilization, and the company’s ability to serve export and domestic industrial clients. Specific details on major customers, named strategic partnerships, or segment-level revenue breakdowns are null.

Flexituff Ventures International Limited Financial Statement Overview

Summary

Financial statements point to a stressed profile: volatile revenue and inconsistent profitability, high leverage with a low equity ratio (despite equity turning positive in 2025), and negative operating/free cash flow in 2025 that limits financial flexibility.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.40B	2.89B	5.98B	9.15B	10.39B	8.45B
Gross Profit	303.45M	961.76M	1.88B	3.24B	3.63B	3.17B
EBITDA	-301.94M	4.29B	-1.12B	-265.31M	304.88M	635.47M
Net Income	-635.29M	2.38B	-1.83B	-1.20B	-868.30M	-592.44M
Balance Sheet
Total Assets	4.34B	4.68B	11.84B	8.93B	9.98B	10.80B
Cash, Cash Equivalents and Short-Term Investments	117.49M	515.20M	1.55B	303.36M	131.55M	56.31M
Total Debt	2.69B	2.38B	6.72B	6.53B	6.24B	6.22B
Total Liabilities	4.67B	4.63B	12.28B	9.62B	9.50B	9.46B
Stockholders Equity	-232.33M	147.10M	-343.12M	-602.78M	499.28M	1.37B
Cash Flow
Free Cash Flow	-326.46M	-3.19B	79.54M	371.10M	736.27M	777.00M
Operating Cash Flow	-326.46M	-3.19B	127.93M	387.94M	764.31M	823.26M
Investing Cash Flow	53.89M	4.74B	-39.14M	-7.34M	-24.78M	18.74M
Financing Cash Flow	269.72M	-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: Positive
• RSI: Positive
• STOCH: Positive

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 8.51, above the 50-day MA of 10.07, and below the 200-day MA of 21.75, indicating a bearish trend. The MACD of -1.04 indicates Positive momentum. The RSI at 19.31 is Positive, neither overbought nor oversold. The STOCH value of 9.93 is Positive, 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	₹5.05B	15.16	―	1.49%	14.78%	19.77%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
EMMBI	60 Neutral	₹1.58B	41.66	―	0.29%	11.97%	-29.32%
GENUSPAPER	50 Neutral	₹2.94B	28.86	―	―	23.58%	154.81%
FLEXITUFF	40 Underperform	₹218.27M	-0.35	―	―	-67.01%	-140.84%