Mega Flex Plastics (NSE:MEGAFLEX) Operating Income: ₹72.4 Mil (TTM As of Mar. 2026)

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NSE:MEGAFLEX Mega Flex Plastics Ltd NSE:MEGAFLEX
64 GF Score
Price ₹100.00
GF Value ₹73.49
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Mega Flex Plastics Operating Income?

Mega Flex Plastics NSE:MEGAFLEX 64 Operating Income is ₹72.4 Mil as of Mar. 2026. GuruFocus rates NSE:MEGAFLEX with a GF Score™ of 64/100 and a GF Value™ of ₹73.49 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Mega Flex Plastics's Operating Income for the six months ended in Mar. 2026 was ₹66.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹72.4 Mil.

Warning Sign:

Mega Flex Plastics Ltd has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mega Flex Plastics's Operating Income for the six months ended in Mar. 2026 was ₹66.3 Mil. Mega Flex Plastics's Revenue for the six months ended in Mar. 2026 was ₹487.0 Mil. Therefore, Mega Flex Plastics's Operating Margin % for the quarter that ended in Mar. 2026 was 13.61%.

Mega Flex Plastics's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mega Flex Plastics's annualized ROC % for the quarter that ended in Mar. 2026 was 27.87%. Mega Flex Plastics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 173.64%.


Mega Flex Plastics  (NSE:MEGAFLEX) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Mega Flex Plastics's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=132.512 * ( 1 - 25.09% )/( (402.175 + 310.101)/ 2 )
=99.2647392/356.138
=27.87 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=663.538 - 10.017 - ( 251.346 - max(0, 83.659 - 421.527+251.346))
=402.175

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=732.25 - 41.367 - ( 380.782 - max(0, 92.806 - 496.763+380.782))
=310.101

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Mega Flex Plastics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=150.67/( ( (73.127 + max(20.908, 0)) + (79.51 + max(-28.238, 0)) )/ 2 )
=150.67/( ( 94.035 + 79.51 )/ 2 )
=150.67/86.7725
=173.64 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.165 + 90.754 + 0.00099999999997635) - (10.017 + 0 + 70.995)
=20.908

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.198 + 48.056 + 0) - (41.367 + 0 + 39.125)
=-28.238

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Mega Flex Plastics's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=66.256/486.959
=13.61 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Mega Flex Plastics Operating Income Related Terms


Mega Flex Plastics Operating Income Historical Data

* Premium members only.

The historical data trend for Mega Flex Plastics's Operating Income 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 Operating Income Chart

Mega Flex Plastics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 28.23 12.89 -10.16 25.31 72.42

Mega Flex Plastics Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 -9.51 34.82 6.17 66.26
NSE:MEGAFLEX
64GF Score
Mega Flex Plastics Ltd NSE:MEGAFLEX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Flex Plastics Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹72.4 Mil.

* 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 Operating Income →
What does a Operating Income of ₹72.4 Mil mean?
Mega Flex Plastics (NSE:MEGAFLEX) has a Operating Income of ₹72.4 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Mega Flex Plastics and its competitors.
Is Mega Flex Plastics' Operating Income too high?
Mega Flex Plastics' current Operating Income is ₹72.4 Mil. Overall, Mega Flex Plastics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mega Flex Plastics' Operating Income compare to SW and PKG?
Mega Flex Plastics' Operating Income of ₹72.4 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Packaging & Containers company?
A good Operating Income depends on the Packaging & Containers industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Mega Flex Plastics and its competitors. Mega Flex Plastics's current Operating Income is ₹72.4 Mil. 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 ₹73.49, compared to a current price of ₹100.00 — trading 36.1% above its estimated fair value. The current Operating Income is ₹72.4 Mil. Mega Flex Plastics' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Mega Flex Plastics (NSE:MEGAFLEX), the current Operating Income is ₹72.4 Mil 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 ₹100.00 is trading 36.1% above its estimated GF Value™ of ₹73.49. GuruFocus considers Mega Flex Plastics to be Significantly Overvalued.

Key valuation signals for NSE:MEGAFLEX:

  • Operating Income: ₹72.4 Mil
  • GF Value™: ₹73.49 vs. price of ₹100.00 (36.1% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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.
64GF Score

Get the complete analysis for NSE:MEGAFLEX

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

₹100.00
Price
₹73.49
GF Value