Mega Flex Plastics Past Earnings Performance
Past criteria checks 3/6
Mega Flex Plastics's earnings have been declining at an average annual rate of -9.5%, while the Packaging industry saw earnings growing at 17.2% annually. Revenues have been declining at an average rate of 23.6% per year. Mega Flex Plastics's return on equity is 3.5%, and it has net margins of 4%.
Key information
-9.5%
Earnings growth rate
-15.4%
EPS growth rate
| Packaging Industry Growth | 19.1% |
| Revenue growth rate | -23.6% |
| Return on equity | 3.5% |
| Net Margin | 4.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Mega Flex Plastics makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 421 | 17 | 22 | 0 |
| 30 Jun 24 | 453 | 15 | 21 | 0 |
| 31 Mar 24 | 484 | 14 | 21 | 0 |
| 31 Dec 23 | 517 | 13 | 19 | 0 |
| 30 Sep 23 | 551 | 12 | 18 | 0 |
| 30 Jun 23 | 539 | 17 | 18 | 0 |
| 31 Mar 23 | 527 | 21 | 19 | 0 |
| 31 Dec 22 | 501 | 25 | 17 | 0 |
| 30 Sep 22 | 476 | 28 | 15 | 0 |
| 30 Jun 22 | 470 | 27 | 14 | 0 |
| 31 Mar 22 | 465 | 27 | 15 | 0 |
| 31 Mar 21 | 295 | 13 | 14 | 0 |
| 31 Mar 20 | 315 | 22 | 16 | 0 |
| 31 Mar 19 | 358 | 32 | 7 | 0 |
| 31 Mar 18 | 343 | 30 | 9 | 0 |
Quality Earnings: MEGAFLEX has a large one-off gain of ₹14.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: MEGAFLEX's current net profit margins (4%) are higher than last year (2.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEGAFLEX's earnings have declined by 9.5% per year over the past 5 years.
Accelerating Growth: MEGAFLEX's earnings growth over the past year (36.2%) exceeds its 5-year average (-9.5% per year).
Earnings vs Industry: MEGAFLEX earnings growth over the past year (36.2%) exceeded the Packaging industry 4.2%.
Return on Equity
High ROE: MEGAFLEX's Return on Equity (3.5%) is considered low.