Mega Flex Plastics (NSE:MEGAFLEX) Current Ratio: 5.35 (As of Mar. 2026) — 36% Below Median

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NSE:MEGAFLEX Mega Flex Plastics Ltd NSE:MEGAFLEX
72 GF Score
Price ₹105.00
GF Value ₹73.11
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Mega Flex Plastics Current Ratio?

Mega Flex Plastics NSE:MEGAFLEX 72 Current Ratio is 5.35 as of Mar. 2026, which is 36% below its 10-year median of 8.33. GuruFocus rates NSE:MEGAFLEX with a GF Score™ of 72/100 and a GF Value™ of ₹73.11 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 401 Packaging & Containers companies, Mega Flex Plastics ranks better than 89.78% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mega Flex Plastics's current ratio for the quarter that ended in Mar. 2026 was 5.35.

Mega Flex Plastics has a current ratio of 5.35. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Mega Flex Plastics's Current Ratio or its related term are showing as below:

NSE:MEGAFLEX' s Current Ratio Range Over the Past 10 Years
Min: 5.35   Med: 8.33   Max: 17.87
Current: 5.35

During the past 7 years, Mega Flex Plastics's highest Current Ratio was 17.87. The lowest was 5.35. And the median was 8.33.

NSE:MEGAFLEX's Current Ratio is ranked better than
89.78% of 401 companies
in the Packaging & Containers industry
Industry Median: 1.7 vs NSE:MEGAFLEX: 5.35

Mega Flex Plastics  (NSE:MEGAFLEX) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Mega Flex Plastics Current Ratio Related Terms


Mega Flex Plastics Current Ratio Historical Data

* Premium members only.

The historical data trend for Mega Flex Plastics's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mega Flex Plastics Current Ratio Chart

Mega Flex Plastics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 6.17 11.28 17.87 11.75 5.35

Mega Flex Plastics Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.87 12.22 11.75 5.04 5.35

NSE:MEGAFLEX vs SW, PKG, IP: Current Ratio Comparison

For the Packaging & Containers subindustry, Mega Flex Plastics's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mega Flex Plastics Current Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mega Flex Plastics's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mega Flex Plastics's Current Ratio falls into.


NSE:MEGAFLEX
72GF Score
Mega Flex Plastics Ltd NSE:MEGAFLEX
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega Flex Plastics Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Mega Flex Plastics's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=496.763/92.806
=5.35

Mega Flex Plastics's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=496.763/92.806
=5.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 5.35 mean?
Mega Flex Plastics (NSE:MEGAFLEX) has a Current Ratio of 5.35 as of Mar. 2026. This is 36% below median its historical median of 8.33. Over the past decade, Mega Flex Plastics' Current Ratio has ranged from 5.35 to 17.87. According to the industry distribution chart, Mega Flex Plastics ranks #41 out of 401 companies in the Packaging & Containers industry, placing it in the top 10.2%.
Is Mega Flex Plastics' Current Ratio too high?
Mega Flex Plastics' current Current Ratio of 5.35 is 36% below median its 10-year median of 8.33. Over the past 10 years, this metric has ranged from a low of 5.35 to a high of 17.87. The Packaging & Containers industry median Current Ratio is 1.70. Mega Flex Plastics' value of 5.35 is 214.7% above this industry median. Based on the distribution chart, Mega Flex Plastics ranks #41 out of 401 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Mega Flex Plastics has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mega Flex Plastics' Current Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Mega Flex Plastics ranks #41 out of 401 companies for Current Ratio. This places Mega Flex Plastics in the top 10% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.70. Mega Flex Plastics' value of 5.35 is 214.7% above this benchmark. Historically, Mega Flex Plastics' own Current Ratio has ranged from 5.35 to 17.87 over the past decade. While the company's 10-year median is 8.33 vs. the industry median of 1.70, Mega Flex Plastics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Packaging & Containers company?
The median Current Ratio among Packaging & Containers companies is 1.70, based on 401 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mega Flex Plastics's current Current Ratio of 5.35 is 214.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Packaging & Containers industry, the median Current Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Flex Plastics's current Current Ratio is 5.35, which is 36% below median its own 10-year median of 8.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Flex Plastics stock overvalued right now?
Based on GuruFocus' analysis, Mega Flex Plastics (NSE:MEGAFLEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹73.11, compared to a current price of ₹105.00 — trading 43.6% above its estimated fair value. The current Current Ratio is 5.35, which is 36% below median its 10-year median of 8.33 and 214.7% above the Packaging & Containers industry median of 1.70. Mega Flex Plastics' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mega Flex Plastics (NSE:MEGAFLEX), the current Current Ratio is 5.35 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mega Flex Plastics (NSE:MEGAFLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Mega Flex Plastics stock appears to be overvalued. The current stock price of ₹105.00 is trading 43.6% above its estimated GF Value™ of ₹73.11. GuruFocus considers Mega Flex Plastics to be Significantly Overvalued.

Key valuation signals for NSE:MEGAFLEX:

  • Current Ratio: 5.35 (36% below median its 10-year median of 8.33)
  • GF Value™: ₹73.11 vs. price of ₹105.00 (43.6% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 214.7% above the Packaging & Containers median (#41 of 401)

No single metric tells the full story. See the NSE:MEGAFLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mega Flex Plastics Business Description

Address 4, Ho Chi Minh Sarani, Suite-2A, 2nd Floor, Kolkata, WB, IND, 700071
Mega Flex Plastics Ltd is engaged in manufacturing Leno Bags which are used for packaging agricultural products like potatoes, onions, garlic, coconuts, fruits, and vegetables. The company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread). The company is also engaged in trading Polypropylene Granules. The company is currently engaged in single-segment business through various distributors and brand names such as Gold Flex, Leno Flex, Tiger, Tiranga, Kisan, and Phantom.
72GF Score

Get the complete analysis for NSE:MEGAFLEX

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹105.00
Price
₹73.11
GF Value