Flex Foods Ltd.

Flex Foods Ltd is a part of Flex Group Of Companies including Flex Industries Ltd., Flex Engineering Ltd. and other companies involved in packaging and information technology business with a total turnover of Rs 1.4 Billions( Dollar 300 Millions).The Company is engaged in the business of agro based value added food products catering to the international markets mainly in Europe, USA, Canada & Middle East countries. The company started its commercial operations in 1992 by establishing an 100% EOU for vacuum freeze dried vegetables mainly mushroom and culinary herbs with a total processing capacity of 2000 MTs per annum. As a backward integration, company simultaneously established an "state-of-the-art" mushroom growing unit with a capacity of 2000 MTs per annum and successfully achieved the 100% capacity utilization by producing high quality white button mushroom through in-house technology development & process optimization along with the technical support from M/s Agrisystems, Holland. The company also deals in canned mushroom with the brand 'Chef's Choice'. Recently FFL has embarked on a major expansion programme by installing the world class manufacturing facilities for IQF and Air- Dried Mushrooms, Culinary Herbs & Fruits/ Vegetables.The company has been a major success story in the food processing sector in India with very high degree of value addition through annual export turnover of approximate Rs.300 Millions


Flex Foods offers a wide range of Vacuum Freeze Dried, Air-Dried, Frozen and IQF (Individually Quick Frozen) product range of mushrooms, herbs, spices and fruits / vegetables, meeting strict quality & hygiene standards. Canned button mushroom in various shapes and sizes .

Manufacturing Plants:

Its processing infrastructure comprises the most modern plant and equipments from leading technology providers like Niroan of Denmark, Non of Holland, Binder of Germany and Eurotek of UK along with others from Indian companies. The plant can process upto 20,000 TPA of fruits & vegetables in the form of freeze dried, frozen, IQF, air-dried and canned products. All the steps from the receipt of raw materials till final packaging of the products are under strict quality environment & hygienic conditions to achieve the highest level of microbiological & phyto-sanitary standards..

FFL uses the most modern compost technology. It has taken steps to produce economically and efficiently the best quality of mushrooms and herbs and produces high-yielding, visually attractive mushrooms with the desired flavour. It mainly produces white button mushrooms as the world demand continues to be centered on white mushrooms, which accounts for nearly 40% of the world production with major growers located in USA, Netherlands and China.

it has equity of 12.44Cr .it has posted 40Cr turnover and posted 7Cr net profit (e.p.s. of 5.6rs).and declared 20% dividend current price at26 dividend yield at 7.6% better that bank yield.
and available at 4.5 p.e .EV/EBIDTA is only 4.5 .
compare with peer company's .it is the cheapest stock in food industry

and i am expecting price of 40 rs in next 3 months.

and if u see the chart some body accumulating the stock .