Flexituff Ventures International Ltd Live Price Chart
Low: ₹9.37High: 10.03
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Flexituff Ventures International Ltd Technicals
Current Price
₹ 9.85-0.21 (-2.09%)
EMASMA
20 Day
₹ 11.447
50 Day
₹ 13.598
100 Day
₹ 17.582
200 Day
₹ 24.694
20 Day
₹ 11.472
50 Day
₹ 13.632
100 Day
₹ 17.517
200 Day
₹ 24.646
Flexituff Ventures International Ltd Performance
Previous Close
₹ 10.06
High
₹ 10.03
Volume
3211
52W Range
₹ - ₹
Open
₹ 10.02
Low
₹ 9.37
Market Cap
₹ 55 Cr
Flexituff Ventures International Ltd Fundamentals
ROCE
-24.705
P/E Ratio
-0.510
P/B Ratio
0.000
Industry P/E
0.000
Debt to Equity
23.272
ROE
924.329
EPS
-19.320
Dividend Yield
0.000
Book Value
-2.616
Face Value
10.000
Flexituff Ventures International Ltd Financials
Particulars
Y202503
Y202403
Y202303
Y202203
Y202103
Total Revenue
460.164
606.431
929.474
1058.748
940.573
Total Expenses
458.382
863.115
1072.974
1172.756
1020.432
Profit After Tax
235.646
-185.088
-104.502
-94.567
-57.725
Flexituff Ventures International Ltd Shareholding Pattern
Promoter Holdings
32.239 %
FIIs
0.000 %
DIIs
2.266 %
MutualFund
0.000 %
Retail
24.783 %
Others -
40.712 %
About Flexituff Ventures International Ltd
History of Flexituff Ventures International Ltd
Flexituff Ventures International Limited was originally constituted as a partnership firm under the Indian Partnership Act, 1932 on January 22, 1966 under the name and style of Saurabh Potteries & Ceramics at Indore. With effect from March 1, 1993, the name of the partnership was changed to Naviska Packaging and a Fresh Partnership Deed was executed. Thereafter, Naviska Packaging converted into a Private Limited Company, Naviska Packaging Private Limited, on April 8, 1993. The Company name was changed to Giltpac International India Private Limited w.e.f. June 29, 2001. The name of Company was again changed to Naviska Packaging Private Limited w.e.f. January 01, 2003. The Company was converted into a Public Limited Company and the name was changed to Flexituff International Limited w.e.f. April 25, 2003. Further, the name of the Company was changed from 'Flexituff International Limited' to 'Flexituff Ventures International Limited' on 11 October, 2018.
The Company is engaged in the business of technical textiles products i.e. FIBC, Geo Textile, BOPP etc. The manufacturing units of the Company are located at Pithampur in Madhya Pradesh and at Kashipur in Uttarakhand. It is a 100% vertically integrated company that serves the demand for technical textiles, construction textiles, packaging textiles, transport textiles, industrial textiles and agrotextiles among others. The company manufactures Flexible Intermediate Bulk Container (FIBC), geotextiles, reverse printed BOPP (Bia ...xially Oriented Polypropylene) woven bags and NPC drippers.
The company has total 4 manufacturing facilities in India. The company has a recycling and reprocessing plant at Kandla which is used for recovering polypropylene and making various compounds of plastics. The company also has a Research and Development centre at Kashipur which is engaged in the research and development of various compounds for plastic products including engineering plastic, bio-degradable plastic and other new product developments.
The company is a major exporter of FIBC and woven products from India and have been receiving the Top Exporter Award from the PLEXCONCIL, Ministry of Commerce from 2005-06 to 2008-09 every year. They export to around 30 countries across the globe and are present in 4 continents with major thrust of exports being to USA and Europe.
During the year 1993-94, the company commenced manufacture of HDPE / PP woven sacks. They set up the Domestic Tariff Area (DTA) unit with a capacity of 1,380 MTPA.
During the year 2002-03, the company expanded the manufacturing capacity at DTA unit to 2,700 MTPA. During the year 2003-04, they commenced production at Special Economic Zone (SEZ) unit with a capacity of 7,800 MTPA.
During the year 2004-05, the company expanded the manufacturing capacity at the DTA unit to 5,200 MTPA. Also, they received BRC certifications for food grade packing. During the year 2005-06, they received AIB certifications for food grade packing.
During the year 2007-08, the company expanded the manufacturing capacity to 23,000 MTPA at SEZ and DTA units collectively. They incorporated a wholly owned subsidiary, Eco Polymers Limited in Bangladesh, from which the company disassociated in September 2010.
During the year 2008-09, the company incorporated a wholly owned subsidiary Flexiglobal Holdings Ltd in Cyprus to carry on the business of a holding and an investment company. Also, they acquired a majority stake in Satguru Polyfab Pvt Ltd, which is engaged in the business of manufacturing, process, produce etc. or deal in reprocess of plastic waste to use in polypropylene, polyethylene, PVC products, etc.
During the year 2009-10, the company established a new plant having production capacity of 16,000 MTPA at Kashipur, Uttarakhand. In October 7, 2009, Flexiglobal Holdings Ltd, Cyprus made investment on Lakshmi Incorporated and thus, Lakshmi Incorporated became a step down subsidiary of the company.
In December 1, 2009, the company's subsidiary, Flexiglobal Holdings Ltd, Cyprus acquired 100% holding in Flexiglobal (UK) Ltd and thus Flexiglobal UK became a step down subsidiary of the company.
In December 15, 2009, the company incorporated wholly owned subsidiary Nanofil Technologies Pvt Ltd in Kashipur, Uttarakhand, which is engaged in the business of carrying on research and development by using various technologies namely Nanotechnology, Chemical technology, Biochemical Technology & Polymer Technology to use in polypropylene, polyethylene, PVC products, etc.
In Oct'11, the Company came up with a Public Issue of 6,750,000 Equity Shares comprising a Fresh Issue of 4,500,000 Equity Shares and an Offer for Sale of 2,250,000 Equity Shares.
During the year ended 31 March 2017, Flexituff Sailendra Kalita LLP, Ujjivan LUIT LLP, Budheswar Das Flexituff International Limited JV, Sanyug Enterprises Flexituff International Limited JV, Vishnu Construction Flexituff International Limited JV and Mayur Kartick Barooah Flexituff International Limited became Joint Ventures of Flexituff International Limited.
The Board of Directors of Flexituff International at its meeting held on 24 July 2017 approved separation of its FIBC business (Pithampur) into a wholly owned subsidiary company through process of slump sale of FIBC division (Pithampur) of the company including assets, liabilities/ obligations of whatsoever nature & employees which are specific to the FIBC division (Pithampur) on a going concern basis to a wholly owned subsidiary company. The company deals in major products i.e. FIBC & Technical textile/Geo Textile. The separation of two product businesses in 2 separate companies will result into unlocking of value of business & raising growth capital.
Flexituff FIBC Limited was incorporated as a new wholly owned subsidiary in 2017-18.
FAQs on Flexituff Ventures International Ltd
1. Can I buy Flexituff Ventures International Ltd from PL Capital? ›
Yes, you can invest in Flexituff Ventures International Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Flexituff Ventures International Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Flexituff Ventures International Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Flexituff Ventures International Ltd pay dividends? ›
Flexituff Ventures International Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Flexituff Ventures International Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Flexituff Ventures International Ltd. is ₹ 9.85 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Flexituff Ventures International Ltd ? ›
The 52-week high and low of Flexituff Ventures International Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
