Flex Foods Ltd

Flex Foods Ltd (523672)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return3.39 %
3 Month Return6.53 %
1 Year Return-23.29 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 93
Rank 93
Rank 100
Dividend Yield
Rank 37
Rank 48
Price To Book Ratio
Rank 68
Debt To Asset
Rank 100

Company Information

Flex FoodsFFL a part of Flex Group which has interest in diverse areas such as packaging manufacturin pouches Machines investment etc. is engaged in the processed fruits vegetables and mushrooms business. FFL has put up an Export Oriented Unit in this regard to cultivate 1520 tpa of button mushroomsfor captive consumption and to manufacture 200 tpa of freezedried vegetables and fruits at Doon Valley during the year 1992. This project was partfinanced by a public issue of secured redeemable PCDs aggregating Rs 6.40 cr. The products are used in industries like soups sauces / dips baby foods breakfast cereals and ice creams besides the institutional and consumer markets. FFL utilises 80 of its production capacity for mushrooms and the rest for other vegetables and fruits.Flex Foods has signed an agreement in May 91 with Agrisystems Engineering Consultants Netherlands to train and guide its employees in the mushroom cultivation project. The company is also receives assistance from Atlas Industries for mushroom/vegetable/fruit processing.The Company has started commercial production of various freeze dried herbs and during the fiscal year 19992000 about 40 of its capacity would be utilized for herbs production. The Companys technical collaboration and buyback agreement with M/s Danish Freeze Dry Denmark is quite sufficient to achieve the target for freeze dried herbs.As of March 31 2001 the company is planning to diversify into fast growing areas of information technologies and other related areas. In this regard the company has reached an understanding with Cincom Systems Inc. CSI USA a company which controls approximately 85 of the callcentre market and 50 of the telecom customer care and billing market in India.
OrganisationFlex Foods Ltd