Mega Flex Plastics (NSE:MEGAFLEX) ROE %: 18.83% (As of Mar. 2026) — 179% Above 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 ROE %?

Mega Flex Plastics NSE:MEGAFLEX 72 ROE % is 18.83% as of Mar. 2026, which is 179% above its 10-year median of 6.76. 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 391 Packaging & Containers companies, Mega Flex Plastics ranks better than 79.28% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mega Flex Plastics's annualized net income for the quarter that ended in Mar. 2026 was ₹112.4 Mil. Mega Flex Plastics's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹596.8 Mil. Therefore, Mega Flex Plastics's annualized ROE % for the quarter that ended in Mar. 2026 was 18.83%.

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

NSE:MEGAFLEX' s ROE % Range Over the Past 10 Years
Min: 3.01   Med: 6.76   Max: 12.5
Current: 12.5

During the past 7 years, Mega Flex Plastics's highest ROE % was 12.50%. The lowest was 3.01%. And the median was 6.76%.

NSE:MEGAFLEX's ROE % is ranked better than
79.28% of 391 companies
in the Packaging & Containers industry
Industry Median: 5.38 vs NSE:MEGAFLEX: 12.50

Mega Flex Plastics  (NSE:MEGAFLEX) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=112.35/596.7975
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(112.35 / 973.918)*(973.918 / 697.894)*(697.894 / 596.7975)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.54 %*1.3955*1.1694
=ROA %*Equity Multiplier
=16.1 %*1.1694
=18.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=112.35/596.7975
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (112.35 / 149.98) * (149.98 / 132.512) * (132.512 / 973.918) * (973.918 / 697.894) * (697.894 / 596.7975)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7491 * 1.1318 * 13.61 % * 1.3955 * 1.1694
=18.83 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Mega Flex Plastics ROE % Related Terms


Mega Flex Plastics ROE % Historical Data

* Premium members only.

The historical data trend for Mega Flex Plastics's ROE % 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 ROE % Chart

Mega Flex Plastics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 8.95 5.67 3.01 6.76 12.36

Mega Flex Plastics Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.52 0.89 12.49 5.91 18.83

NSE:MEGAFLEX vs SW, PKG, IP: ROE % Comparison

For the Packaging & Containers subindustry, Mega Flex Plastics's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Packaging & Containers Industry

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

* The bar in red indicates where Mega Flex Plastics's ROE % falls into.


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

Mega Flex Plastics ROE % Calculation

Mega Flex Plastics's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=72.727/( (552.299+624.745)/ 2 )
=72.727/588.522
=12.36 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=112.35/( (568.85+624.745)/ 2 )
=112.35/596.7975
=18.83 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 18.83% mean?
Mega Flex Plastics (NSE:MEGAFLEX) has a ROE % of 18.83% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mega Flex Plastics and its competitors. This is 179% above median its historical median of 6.76. Over the past decade, Mega Flex Plastics' ROE % has ranged from 3.01 to 12.50. According to the industry distribution chart, Mega Flex Plastics ranks #81 out of 391 companies in the Packaging & Containers industry, placing it in the top 20.7%.
Is Mega Flex Plastics' ROE % too high?
Mega Flex Plastics' current ROE % of 18.83% is 179% above median its 10-year median of 6.76. Over the past 10 years, this metric has ranged from a low of 3.01 to a high of 12.50. The Packaging & Containers industry median ROE % is 5.38. Mega Flex Plastics' value of 18.83% is 250% above this industry median. Based on the distribution chart, Mega Flex Plastics ranks #81 out of 391 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' ROE % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Mega Flex Plastics ranks #81 out of 391 companies for ROE %. This places Mega Flex Plastics in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 5.38. Mega Flex Plastics' value of 18.83% is 250% above this benchmark. Historically, Mega Flex Plastics' own ROE % has ranged from 3.01 to 12.50 over the past decade. While the company's 10-year median is 6.76 vs. the industry median of 5.38, 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 ROE % for a Packaging & Containers company?
The median ROE % among Packaging & Containers companies is 5.38, based on 391 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mega Flex Plastics's current ROE % of 18.83% is 250% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mega Flex Plastics and its competitors. For the Packaging & Containers industry, the median ROE % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Flex Plastics's current ROE % is 18.83%, which is 179% above median its own 10-year median of 6.76. 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 ROE % is 18.83%, which is 179% above median its 10-year median of 6.76 and 250% above the Packaging & Containers industry median of 5.38. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Mega Flex Plastics (NSE:MEGAFLEX), the current ROE % is 18.83% 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:

  • ROE %: 18.83% (179% above median its 10-year median of 6.76)
  • GF Value™: ₹73.11 vs. price of ₹105.00 (43.6% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 250% above the Packaging & Containers median (#81 of 391)

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

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

₹105.00
Price
₹73.11
GF Value