Report as on 16 July 2021 at 09:35 PM

HEALTHY GROWTH IN
LONG TERM OPERATING
PROFITS
Very Positive Uflex
Results in Mar 21

Buy
Bullish
Technical Trend
CMP: 529.80
Attractive STOCK INFO:
Valuation BSE – 500148/ NSE – UFLEX
Market Cap - Small Cap (Rs. 3,927 cr)
Sector – Packaging
Market Beating 52 w H/L (Rs.) – 594/239.4
Dividend Yield: 0.37%

Returns Debt Equity: 0.53%

Return on Equity: 15.17%
Over 3 Years Price to Book: 0.7

www.marketsmojo.com
Uflex
CMP: 529.80 Buy 77
Report as on 16 July 2021 at 09:35 PM
Strong Sell Sell Hold Buy Strong Buy

WHY IT’S A BUY? IS THIS STOCK FOR YOU?

High Risk, High Return (1 Year)
Healthy long term growth as Operating profit
has grown by an annual rate 21.12% Absolute Risk Volatility
Adjusted
With a growth in Net Profit of 65.4%, the Uflex 114.28% 2.70 42.38%
company declared Very Positive results in Mar 21 SENSEX 45.70% 2.70 16.94%
-The company has declared positive results for the
last 4 consecutive quarters How much should you buy? -
-ROCE(HY) Highest at 14.94 % Overall Portfolio exposure to Uflex should be less than
-OPERATING PROFIT TO INTEREST(Q) Highest at 8.49 10%
times Overall Portfolio exposure to Packaging should be less
-CASH AND CASH EQUIVALENTS(HY) Highest at Rs than 30%
659.04 cr (If sector exposure > 30%, please use optimiser tool to
see which are the best stocks to hold in Packaging )
Stock is technically in a Bullish range When to exit? - We will constantly monitor the company
-The technical trend has improved from Mildly and suggest at the appropriate time to exit from the
stock
Bullish on 04-May-21 and has generated 27.22%
returns since then
-Multiple factors for the stock are Bullish like MACD,
RETURNS SUMMARY (Price + Dividend)
KST and DOW The stock gave a total returns of 115.09% in the last 1 year
Outperforming Sensex returns of 45.70%
With ROCE of 15.8, it has a Attractive valuation 200%

with a 0.8 Enterprise value to Capital Employed

-The stock is trading at a discount compared to its 100%

average historical valuations

0%
-Over the past year, while the stock has generated a
return of 114.6%, its profits have risen by 127.9% ;
-100%
the PEG ratio of the company is 0
Ja 1 8

O 19

Ja 2 0
Fe 1 9
Se -1 8

Se -2 0
Au 19

21
Ap 19

M 20
Ju 1 9

D -1 9

Ju 2 1
Fe 1 9

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M -2 0
N 18

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Ap 21
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Market Beating performance in long term as well

as near term Uflex Ltd. SMLCAP
-Along with generating 114.28% returns in the last 1
year, the stock has outperformed BSE 500 in the last
Investors Returns (3 years) –
3 years, 1 year and 3 months
Period 6M 1Y 2Y 3Y
Stock (%) 42.11% 115.09% 134.23% 114.45%
Sector (%) 51.93% 51.93% 122.99% 86.19%
WHAT ARE YOUR RISKS?
Sensex (%) 8.37% 45.70% 35.80% 46.30%
Despite the size of the company, domestic mutual
funds hold only 0.05% of the company
-Domestic mutual funds have capability to do in-depth
on-the-ground research on companies- their small
stake may signify either they are not comfortable at the
price or the business

MOJO PROFESSIONAL 1
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

BEFORE PROCEEDING AHEAD

This Real-Time Stock Analysis service is only for
PAID SUBSCRIBERS of www.marketsmojo.com

This Real-Time Stock Analysis Report was

generated on 16th July, 2021 at 09:35 PM, and may
not be valid if you are reading it later.

Some factors/data, as well as the buy/sell/hold call

might have changed.

To access the LATEST version of this report.

Click Here

MOJO PROFESSIONAL 2
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

GROWTH

HEALTHY LONG TERM GROWTH AS

OPERATING PROFIT HAS GROWN BY AN
ANNUAL RATE 21.12%

Poor Growth in Net Sales 10000Cr

8,890
of 7.8% CAGR
7.8%
7,840
7,404
7500Cr 6,708
Net Sales has seen a high growth of
CAGR 20.07% over previous period
6,114 6,156

5000Cr

2500Cr

0Cr
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

High Growth in Operating 1500Cr

1,347
Profit of 21.1% CAGR
21.1% Company has experienced an increase
CAGR in its Operating Profit in each of the
1000Cr

past 3 consecutive years 609

678

516 556 527

Company’s Operating Profit growth 500Cr
has increased in each of the past 3
consecutive years
Operating Profit has seen a high 0Cr
growth of 98.67% over previous Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

period

Net Profit of 22.0% CAGR 1000Cr

842

22.0% Company has experienced an increase

in its Net Profit in each of the past 3
750Cr

CAGR consecutive years

500Cr
Company’s Net Profit growth has
348 369
increased in each of the past 3 311 310 313
consecutive years 250Cr

Net Profit has seen a high growth of

128.18% over previous period 0Cr
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

MOJO PROFESSIONAL 3
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

FINANCIAL TREND
Positive

WITH A GROWTH IN NET PROFIT OF

results for

65.4%, THE COMPANY DECLARED 4

VERY POSITIVE RESULTS IN MAR 21 consecutive
quarters

The company's ability to manage 8.49

8.5 times interest payments is improving 7.72 7.99

7.25

Operating Profit to Interest 4.97

Interest Highest at 8.49 times
Coverage Ratio - in the last five quarters
Quarterly

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

Near term PBT trend is positive 328.7

Rs 328.7 PBT less Other Income (Rs Cr) 257.81

293.9

Highest at Rs 328.70 cr. 237.67

cr in the last five quarters
PBT - Quarterly 109.1

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

Near term PAT trend is positive 264.71

Rs 264.7 PAT (Rs Cr)

Highest at Rs 264.71 cr.
196.45
221.82

cr in the last five quarters

159.92

100.58
PAT - Quarterly

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

MOJO PROFESSIONAL 4
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

FINANCIAL TREND

The company has displayed

14.9% increased efficiency by generating 14.94

higher profit on overall capital 10.4 10.03

11.74
ROCE - Half (equity and debt) 8.72
Yearly
ROCE (%)
Highest at 14.94 %
in the last five half yearly periods
Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021

Near term sales trend is positive 2 564.17

26.8%
2 228.75
Net Sales (Rs Cr) 1 992.68 2 105.15
At Rs 2,564.17 cr has Grown at 26.8 % 1 761.04

Sales Growth over average Net Sales of the previous four quarters
of Rs 2,021.91 Cr

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

Near term Operating Profit trend

Rs 508.8 is positive 508.76
467.14

cr Operating Profit (Rs Cr)

Highest at Rs 508.76 cr.
416.25 410.72

264.41
Operating Profit - in the last five quarters
Quarterly

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

MOJO PROFESSIONAL 5
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

FINANCIAL TREND

Increasing profitability; company 36.66

Rs 36.7 cr has created higher earnings for 30.72

27.21
shareholders 22.15
Earnings per
EPS (Rs) 13.93
Share (EPS) -
Highest at Rs 36.66
Quarterly
in the last five quarters

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

Short Term liquidity is improving

Rs 659.0 Cash and Cash Equivalents
523.83
659.04

Highest at Rs 659.04 cr
cr
443.54
333.34
in the last six half yearly periods 275.53 288.14

Cash and Eqv -

Half Yearly

20
…

19

21
19

20
20

20

20

20
20

20
p

ar

ar

ar
p

p
Se

Se

Se
M

M
Mar'21 Dec'20 Change%
Net Sales 2,564.2 2,105.2 21.8%
Key Operating Profit (PBDIT) excl Other Income 508.8 410.7 23.9%
Result Interest 60.0 56.7 5.8%
Highlights Exceptional Items 0.0 0.0
Consolidated Net Profit 264.7 159.9 65.5%
Operating Profit Margin (Excl OI) 20.4 19.8 0.6%
Consolidate- figures in Rs
Cr

MOJO PROFESSIONAL 6
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

TECHNICALS

STOCK IS TECHNICALLY IN A BULLISH

RANGE
Bullish Daily Moving Averages indicating near term price strength
Current Price 50 Day Moving Average 200 Day Moving Average

529.80 475.11 391.87

Factors with upward momentum

Indicator Technical Trend
MACD Bullish (weekly)
MACD Bullish (monthly)
Bollinger Band Mildly Bullish (weekly)
Bollinger Band Mildly Bullish (monthly)
KST Bullish (weekly)
KST Bullish (monthly)

Consistent Returns over the last 3 years

3 Months 1 Year 3 Years
45.09%
114.28% 112.05%

57.24%
49.25%
11.67%

Stock BSE 500 Stock BSE 500 Stock BSE 500

MOJO PROFESSIONAL 7
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

VALUATION

WITH ROCE OF 15.8, IT HAS A ATTRACTIVE

VALUATION WITH A 0.8 ENTERPRISE VALUE
TO CAPITAL EMPLOYED
Expensive

Attractive
valuation
Huhtamaki India

Valuation Garware
Cosmo Hi
Films
Tech

Tinplate
Uflex Co.

as compared to its Fundamentals

Attractive
Weak Fundamental Strong

Enterprise value to Capital Employed vs ROCE

Attractive 20 0.96
Fundamental

Valuation
as compared to its 10 0.72

past valuations 0 0.48

6

1
17

18

19

20
01

01

01

01

02

02
20

20

20

20
-2

-2

-2

-2

-2

l- 2
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Ju

Ju

Ju

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Company Valuation Price to Book PE Ratio PEG Ratio Dividend

Ratio Yield
Key
Uflex Attractive 0.7 4.5 0 0.4%
Valuation
Multiples Tinplate Co. Attractive 3.1 15 0.1 1.2%
vs Peers Huhtamaki India Expensive 3.1 28 0 1%
Garware Hi Tech Fair 1.4 17.1 0.5 0%

Cosmo Films Fair 2.3 8.4 0.1 2.3%

MOJO PROFESSIONAL 8
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

RETURNS

MARKET BEATING PERFORMANCE IN LONG

TERM AS WELL AS NEAR TERM
Along with generating 200%
114.28% returns in the last
1 year, the stock has 100%

114.28% outperformed BSE 500 in

the last 3 years, 1 year 0%

UP and 3 months -100%

Ja 1 8

O 19

Ja 2 0
Fe 1 9
Se -1 8

Se -2 0
Au 19

21
Ap 19

M 20
Ju 1 9

D -1 9

Ju 2 1
Fe 1 9

M 21
M -2 0
N 18

Ju 0

Ap 21
N -2 0
-2
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Uflex Ltd. BSE500

Inconsistent Performance against Small Cap

companies
Uflex Ltd. has not been a consistent
performer in the YTD

3rd
Quartile
1st
Quartile
3rd
Quartile
Stock has been in the 1st quartile in 2020 and
in 3rd in YTD period

YTD 2020 2019

42.13% 86.66% -28.55%

Company 1 Month 3 Month 1 Year 3 Years

Uflex 13.21% 45.09% 114.28% 112.05%
Return Tinplate Co. 16.44% 46.48% 92.46% 60.98%
Comparison
Huhtamaki India 5.67% 15.65% 56.35% 20.62%
with Peers
Closest peers by Garware Hi Tech 4.24% 31% 333.83% 533.73%
market cap Cosmo Films 32.6% 70.75% 197.68% 405.25%

MOJO PROFESSIONAL 9
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

SIZE

BIGGEST COMPANY IN THE INDUSTRY

PACKAGING .

Uflex is 24.61% of the entire Packaging Industry (by market cap)

Contribution to Industry Size

Contribution to Industry Size 150

100 100 100 100 100

100
Uflex has been the largest company in the industry
for the past 2 years 60.76 63.91
78.72 69.97 75.39
50

39.24 36.09 30.03

21.28 24.61
0
DEC-2017 DEC-2018 DEC-2019 DEC-2020 Jul-2021

Rest industry Uflex

52.32% 46.17% Uflex contributes 47.68% of the

industry’s Sales and 53.83% of Profits

47.68% 53.83%

Uflex Rest of the Industry

Companies which form a sizable part of the industry generally enjoy a competitive edge due to the scale of their business

MOJO PROFESSIONAL 10
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

FACTORS
NOT WORKING
FOR THE COMPANY


MOJO PROFESSIONAL 11
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

SHAREHOLDING

MUTUAL FUND HOLD ONLY 0.05% OF THE

COMPANY
Domestic mutual funds have capability to do in- 0.2%
0.17%
depth on-the-ground research on companies- their 0.16%
small stake may signify either they are not 0.15%
comfortable at the price or the business

0.1%

0.05%
0.03%
0.02%
0.01%
0%
Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

Non Institution
49.19%
Shareholding Snapshot : Jun 21
FIIs Majority shareholders : Non Institution
5.18%

Mutual Fu…
Pledged Promoter Holdings : None
0.03%
Mutual Funds : Held in 6.00 Schemes (0.03%)
Other DIIs
0.08% FIIs : Held by 61 FIIs (5.18%)
Promoters Promoter with highest holding : Flex International Pvt Ltd (12.737%)
44.02%
Highest Public shareholder : Vistra Itcl (india) Limited (12.27%)
Individual Investors Holdings : 12.53%

FII
6%
5.42%
5.24% 5.16% 5.18%
4.85%
holding has increased by 0.02%
4%
Number of FIIs holding stake in the company has
decreased to 61 from 66
2%

0%
Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021

MOJO PROFESSIONAL 12
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

RESULT
ANALYSIS 

MOJO PROFESSIONAL 13
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

QUARTERLY VARIANCE

QUARTER RESULTS VARIANCE ANALYSIS

Mar'21 Dec'20 QoQ Mar'20 YoY Comments
Total Operating income 2,564 2,105 21.8% 1,761 45.6% High Growth in previous quarter
and same quarter last year
Total Expenditure (Excl Depreciation) 2,055 1,694 21.3% 1,497 37.3% High Growth in previous quarter
and same quarter last year
Operating Profit (PBDIT) excl Other Income 509 411 23.9% 264 92.4% High Growth in previous quarter
and same quarter last year
Other Income 8 6 28% 12 -36.5%
Operating Profit (PBDIT) 516 417 23.9% 276 86.8% High Growth in previous quarter
and same quarter last year
Interest 60 57 5.8% 53 12.7% High Growth in previous quarter
and same quarter last year
Exceptional Items 0 0 0% 0 0%
Depreciation 120 116 3.2% 102 17.6% QoQ and YoY increase
Profit Before Tax 336 244 38.1% 121 177.8% High Growth in previous quarter
and same quarter last year
Tax 71 83 -14.5% 20 253.9%
Provisions and contingencies 0 0 0% 0 0%
Net Profit 265 160 65.4% 101 162.6% High Growth in previous quarter
and same quarter last year
Share in Profit of Associates 0 0 0% 0 0%
Minority Interest 0 0 -11.1% 0 -25% Fall in previous quarter and same
quarter last year

Other related items 0 0 0% 0 0%

Consolidated Net Profit 265 160 65.5% 101 163.2% High Growth in previous quarter
and same quarter last year

Consolidate results triggered in Rs Cr

Margins
Mar'21 Dec'20 Sep'20 Jun'20 Mar'20 Avg. (4 Comments
Qtrs)
OPM 20.4% 19.8% 21.7% 21.4% 15.2% 19.5% In line with average (4 Qtrs)
GPM 18.3% 17.4% 19.2% 18.8% 12.8% 17.1% Higher than average (4 Qtrs) – Promising
NPM 10.6% 7.7% 10.3% 10.1% 5.8% 8.5% Higher than average (4 Qtrs) – Promising

MOJO PROFESSIONAL 14
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

ANNUAL RESULT

NET SALES - YOY GROWTH IN YEAR ENDED

MAR 2021 IS 20.07% VS -6.94% IN MAR 2020
Consolidated Net Profit: YoY Growth in year ended Mar 2021 is 127.92% vs 17.84% in Mar
2020
Operating Profit (PBDIT) excl Other Income: YoY Growth in year ended Mar 2021 is
66.61% vs 9.31% in Mar 2020
Interest: YoY Growth in year ended Mar 2021 is 1.90% vs 3.15% in Mar 2020 20.07%
Operating Profit Margin (Excl OI): YoY Growth in year ended Mar 2021 has improved from NET SALES
Mar 2020

Mar'21 Mar'20 Change(%)

Net Sales 8,890.75 7,404.84 20.07%
Key Operating Profit (PBDIT) excl Other Income 1,802.87 1,082.07 66.61%
Annual Interest 229.07 224.79 1.90%
Results Exceptional Items 0.00 0.00
Consolidated Net Profit 842.90 369.82 127.92%
Operating Profit Margin (Excl OI) 20.78 14.88 5.90%
Figures in Rs Cr | Seasonal companies are compared with the same quarter last year

Net Sales-YoY Growth in year ended Mar 2021 is 20.07% vs - Consolidated Net Profit-YoY Growth in year ended Mar 2021
6.94% in Mar 2020 is 127.92% vs 17.84% in Mar 2020
10000 8,890.75 1000 842.90
7,957.22
7,404.84
6,362.86 6,660.05

5000 500 348.46 369.82

310.48 313.83

0 0
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

Operating Profit (PBDIT) excl Other Income-YoY Growth in Operating Profit Margin (Excl OI)-YoY Growth in year ended
year ended Mar 2021 is 66.61% vs 9.31% in Mar 2020 Mar 2021 has improved from Mar 2020
2000 1,802.87 40

989.95 1,082.07 20.78

874.31 879.40
1000 20 13.44 14.88
12.93 12.75

0 0
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

Figures in Rs Crore

MOJO PROFESSIONAL 15
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

BALANCESHEET AND CASHFLOW

BALANCE SHEET AND CASH FLOW ANALYSIS

121.52% Borrowings
Mar'20
5,822.79
Mar'19
2,628.57
Change%
121.52%

Increase
Other Long Term Liabilities 44.68 11.17 300.00%
Fixed Assets 5,761.09 4,005.03 43.85%
Investments 202.28 56.30 259.29%
in Borrowings in quarter Current Assets 3,673.81 3,554.46 3.36%
ended Mar 2020 vs in
Figures in Rs Cr
Mar 2019

Other Long Term Liabilities: YoY Growth in year ended Mar 2020 is 300.00% vs 11.03% in Mar 2019
Fixed Assets: YoY Growth in year ended Mar 2020 is 43.85% vs 1.73% in Mar 2019
Investments: YoY Growth in year ended Mar 2020 is 259.29% vs -44.38% in Mar 2019
Current Assets: YoY Growth in year ended Mar 2020 is 3.36% vs 1.94% in Mar 2019

Cash From Operation - YoY Growth in year ended Mar

47.83% 2020 is 47.83% vs -15.00% in Mar 2019
Mar'20 Mar'19 Change%
GROWTH Cash Flow from Operating Activities 818.12 553.41 47.83%
Figures in Rs Cr

1000
874.81
818.12
779.21
651.04
553.41
500

0
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020

MOJO PROFESSIONAL 16
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

PEER COMPARISION

PEER COMPARISON
Uflex Tinplate Co. Huhtamaki Garware Hi Cosmo Films
India Tech
Size
Market Cap (Cr.) 3,826 2,611 2,376 2,157 1,997
Annual Sales (TTM) (Cr.) 8,891 2,768 2,517 989 2,285
Annual Net Profit (TTM) (Cr.) 843 174 85 126 237
Growth Factors (TTM)
Net Sales Growth 1 year 20.1% 43.9% -0.3% 9.5% 3.8%
Operating Profit Growth 1 year 98.4% 199.9% -25.9% 49% 68.4%
Net Profit Growth 1 year 127.9% 118.9% -45.4% 36.5% 108.8%
Net Sales Growth 5 year 7.8% 29.4% 12.6% 2.7% 7.1%
Operating Profit Growth 5 year 21.1% 26.6% 2.4% 24.1% 16.3%
Net Profit Growth 5 year 22% 26.9% 5.4% 46.8% 18.5%
Capital Structure Factors
EBIT to Interest 5.9 24.4 4.9 9.9 7.9
Debt to EBITDA 2 0.1 0.8 0.5 1.6
Net Debt to Equity 0.5 -0.3 0.2 -0.1 0.4
Sales to Capital Employed 1 4 2.7 0.7 2

Management Quality Factors

ROCE (latest) 15.8% 20.2% 17.1% 13.6% 28.4%
ROE(latest) 15.2% 20.5% 11.2% 8.1% 27.7%
Tax Ratio 26.2% 24.7% -4% 33.7% 27.9%
Operating CF to Net Profit 221.2% 257.2% 176.4% 115.1% 141.6%
Dividend Payout Ratio 3.9% 11% 22.2% 31.3% 25.7%
Valuation Factors
PE Ratio 4.5 15 28 17.1 8.4
Price to Book 0.7 3.1 3.1 1.4 2.3
PEG Ratio 0 0.1 - 0.5 0.1
Dividend Yield 0.4% 1.2% 1% - 2.3%
EV to EBITDA 3.8 8.6 11.5 9.3 5.9
EV to Capital Employed 0.8 4.1 2.8 1.4 2
Shareholding
Promoter Holdings 44% 75% 67.7% 60.7% 44.1%
Promoter Pledged Holdings - - - - -
Total Institutional Holding 6.8% 0.8% 5.5% 3.9% 5.1%
FII Holdings 5.2% 0.7% 4.2% 0% 3.5%
Returns
1 Month 13.4% 16.4% 5.7% 3.6% 32.3%
3 Months 45.3% 46.5% 15.7% 30.2% 70.4%
YTD 41% 62.3% 0.5% 121.3% 141.4%
1 Year 114.6% 92.5% 56.4% 331.1% 197%
3 Years 112.3% 61% 20.6% 529.7% 404.1%

MOJO PROFESSIONAL 17
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

COMPANY BACKGROUND

COMPANY BACKGROUND

About the Company

INDUSTRY : Packaging
3,927 cr (Small Cap)
Part of NIFTY 500
Uflex Ltd. Is engaged in the manufacture of flexible packaging solutions.The
product range of the company includes-BOPET FILMS- Under this, Company
manufactures pouches and sachets that are widely used by FMCG Sector. The
company also manufactures BOPET FILMS of electrical grade, Audio Tape grade
and Yarn grade.BOPP FILMS-Under this the company manufactures products of
various types keeping the product properties in mind such as Non Heat –Sealable,
Inner Wrap, Cable Overwrap, Semi-Matt, Textile Bags, Adhesive Tape, Cassette and
CD Overwrap are among others.CPP Films-The company manufactures products of
various grades such as Lamination and Conversion grade, Metallizing Grade, Twist
Grade, Retort Grade and Deep Freeze Film.The company also manufactures
Metallised films and Pet chips.

Board of Directors
Ashok Chaturvedi Chairman & Managing Director

A Karati Independent Director

Ajay Krishna Senior Vice President & CS

Tara Sankar Sudhir Independent Director

Bhattacharya
Independent Director
Indu Liberhan

5 more board of directors

Company Coordinates

Company Details: Registrat Details:

305, 3rd Floor , Bhanot Corner, Pamposh Enclave , Greater Beetal Financial & Computer Services (P) Ltd , Beetal House ,
Kailash - I, New Delhi Delhi : 110048 99 Mandangir, 3rd Floor, Behind Local Shopping Centre, Near
Tel: +91-11-26440917 / 26440925 Dada Harsukhdas Mandir, New Delhi
Fax: +91-11-26216922 Fax: 011-29961284
Email: flexsec@vsnl.net
Website: www.uflexltd.com

MOJO PROFESSIONAL 18
Uflex BUY | Report as on 16 July 2021 at 09:35 PM

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Uflex BUY | Report as on 16 July 2021 at 09:35 PM

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