Mega Flex Plastics Past Earnings Performance
Past criteria checks 0/6
Mega Flex Plastics's earnings have been declining at an average annual rate of -11.8%, while the Packaging industry saw earnings growing at 18.5% annually. Revenues have been growing at an average rate of 10.6% per year. Mega Flex Plastics's return on equity is 3%, and it has net margins of 2.8%.
Key information
-11.8%
Earnings growth rate
-15.9%
EPS growth rate
| Packaging Industry Growth | 19.1% |
| Revenue growth rate | 10.6% |
| Return on equity | 3.0% |
| Net Margin | 2.8% |
| Last Earnings Update | 31 Mar 2024 |
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 |
|---|---|---|---|---|
| 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 31st March, 2024.
Growing Profit Margin: MEGAFLEX's current net profit margins (2.8%) are lower than last year (4.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEGAFLEX's earnings have declined by 11.8% per year over the past 5 years.
Accelerating Growth: MEGAFLEX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MEGAFLEX had negative earnings growth (-36.3%) over the past year, making it difficult to compare to the Packaging industry average (9.5%).
Return on Equity
High ROE: MEGAFLEX's Return on Equity (3%) is considered low.