Mega Flex Plastics LimitedQ2 FY27 Results & Financial Update
Mega Flex Plastics Limited: Q2 FY27 standalone results and company financials – revenue ₹46.41 Cr, PAT ₹3.31 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Mega Flex Plastics price & chart
Quarter overview
Quarterly earnings analysis
Mega Flex Plastics Limited reported a standalone revenue from operations of INR 46.41 crore for the half year ended September 30, 2026.
Total income for the period reached INR 47.86 crore, bolstered by INR 1.45 crore of other income.
Profitability for the period was marked by a profit before tax of INR 4.43 crore and a net profit after tax of INR 3.31 crore, yielding an earnings per share of INR 2.73.
Operating expenses were dominated by material costs, with the cost of materials consumed standing at INR 42.25 crore and inventory adjustments providing a credit of INR 4.84 crore.
Employee benefit expenses stood at INR 0.14 crore, while finance costs remained negligible at INR 0.07 crore.
Depreciation and amortisation expenses for the period were recorded at INR 0.41 crore, alongside other expenses of INR 4.18 crore.
Tax expenses for the half year aggregated to INR 1.11 crore, representing current tax liabilities.
01 · Business model
What does Mega Flex Plastics do?
Mega Flex Plastics Limited is an Indian enterprise specializing in the manufacturing and distribution of plastic products, operating primarily on a standalone basis.
The company generates its core revenue through the sale of manufactured plastic items, supplemented by ancillary other income from investments and financial assets.
Its commercial footprint centers on domestic operations, serving industrial and retail markets through established distribution channels in India.
02 · Historical context
What shaped the business before this quarter
The company raised capital via a preferential issue of convertible equity share warrants on June 24, 2024, aggregating to INR 5.54 crore.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q2 FY27 |
|---|---|
| Revenue from operations | ₹46.41 Cr |
| Total income | ₹47.86 Cr |
| Profit before tax | ₹4.43 Cr |
| Profit after tax | ₹3.31 Cr |
| EPS | ₹2.73 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 7.1% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 9.5% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹1.45 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Generated INR 46.41 crore from operations during the half year ended September 30, 2026.
Contributed INR 1.45 crore to total revenue, driven by investment returns and ancillary receipts.
What drove margins
Other expenses stood at INR 4.18 crore, while low finance costs of INR 0.07 crore supported net margins.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company operates in a single reportable segment in accordance with AS-17 segment reporting standards.
06 · Reported developments
What changed operationally
The audit committee confirmed no deviation or variation in the utilization of proceeds raised through the June 2024 preferential issue.
07 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Net cash used in operating activities stood at INR 5.94 crore for the half year ended September 30, 2026, after accounting for direct tax payments of INR 1.11 crore.
Net cash from investing activities was INR 7.85 crore, supported by proceeds from the sale of current investments and maturity of investment instruments.
Net cash used in financing activities was INR 1.14 crore, primarily reflecting finance costs and repayment of borrowings.
Capital allocation & funding
Non-current long-term borrowings stood at INR 0.63 crore, while short-term borrowings were recorded at INR 0.26 crore as of September 30, 2026.
08 · Beyond the numbers
What changed beyond the numbers
Preferential Issue Fund Deployment
Out of the INR 5.54 crore raised via preferential issue warrants, INR 1.06 crore was utilized for machinery purchases, INR 0.04 crore for issue expenses, and INR 0.04 crore for general corporate purposes, with the unutilized balance of INR 4.41 crore placed in fixed deposits.
09 · Key Q&A
The quarter, answered directly
What does Mega Flex Plastics do?
Mega Flex Plastics Limited is an Indian enterprise specializing in the manufacturing and distribution of plastic products, operating primarily on a standalone basis.
What is the clearest takeaway from Q2 FY27?
Mega Flex Plastics Limited reported a standalone revenue from operations of INR 46.41 crore for the half year ended September 30, 2026.
What drove revenue or demand?
Generated INR 46.41 crore from operations during the half year ended September 30, 2026.
What mattered most for margins or profitability?
Other expenses stood at INR 4.18 crore, while low finance costs of INR 0.07 crore supported net margins.
What changed operationally beyond the headline numbers?
Out of the INR 5.54 crore raised via preferential issue warrants, INR 1.06 crore was utilized for machinery purchases, INR 0.04 crore for issue expenses, and INR 0.04 crore for general corporate purposes, with the unutilized balance of INR 4.41 crore placed in fixed deposits.
What should the next disclosure help confirm?
Monitor the subsequent utilization of the remaining INR 4.41 crore held in fixed deposits from the preferential issue proceeds.
10 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
11 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Fund Deployment Tracking: Monitor the subsequent utilization of the remaining INR 4.41 crore held in fixed deposits from the preferential issue proceeds.
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Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.
