Flex Foods Ltd

About the Company:

Flex Foods Ltd. is a company promoted by UFlex Ltd. was incorporated in 1990 and is into the business of Food Processing.

Company is engaged in the growing and processing of Culinary Herbs , Mushrooms, Fruits and Vegetables catering to the International market.

Major selling product of the Company is Processed Mushrooms. Apart from Mushrooms the Company also sells herbs, Pickles and spices such as Lemon Grass, Parsley,
Oregano, Mint, Thyme, Basil etc.

Currently it exports around 70% of the production to Europe and the US market.

The company cultivates/sources Mushroom, fresh vegetables & fruits and herbs and processes them through different technologies like freeze dried, air dried or individually quick frozen (IQF).

This not only preserves the quality of the vegetables & fruits but also increases the shelf life of the product offering it good saleability and Such products are in huge demand in the international market and will be in huge demand domestically going forward because of growing number of retail chains in India.

Export Business:

The company is engaged in the trade of agro based value added food products catering to the international markets.

The company started its commercial operations in 1992 by establishing a 100% EOU for vacuum freeze dried vegetables mainly mushroom and culinary herbs.

List of countries where company exports its Products:

USA
North America
Canada
Europe (U K, Germany, Denmark, France, Belgium)
Australia
South Africa
Middle East countries

Also Watch (Detailed Analysis Inside this Video):

Positives for the Company:

Management plans to start their supply to supermarket chains in india.(Reliance retail, Big bazaar).
Consistent performance since last 5 years.
Consistent Dividend payer.
Promoter hold around 59.68% stake in the company.
Once company starts supplying to retail chains in india, it could see a huge jump in revenue (which could make this stock a Multibagger in the coming years.

Update: We had recommended the Stock at Rs.99 and after our recommendation the Stock had touched a high of Rs.140 within 2 months of our recommendation.(A Massive Return to all our Subscribers).

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