Sabar Flex is a manufacturer and marketer of flexible packaging material used in the packed foods industry. The company supplies packaging material for food, dairy, pharmaceuticals, agricultural products, chemicals, and more. The company has been operational since 2007. The company operates three manufacturing facilities in Gujarat, and its headquarters are in Ahmedabad, Gujarat.
On 22 January 2023, the market capitalisation of the company was Rs 26.15 crore. It reported consolidated sales of Rs 31.36 crore at the end of March 2022. The company is listed on the Bombay Stock Exchange with the code 535473 and the National Stock Exchange with the code SABAR.
The promoters of Sabar Flex India currently hold approximately 38.9% of the company. The foreign institutional investors have not made any investments in the company. No domestic institutional investor or domestic mutual fund holds shares in the company. The total public stake in the company is approximately 61.13%. The stake of the public has grown steadily over the past year (Since September 2021).
Hikmatbahadur Krishnabahadur Kunwar is the chairman of the company and a whole-time director, and Tinkle Rawal is the CFO and director. Manoj Kumar Agarwal, Sonalbahen Pratikbhai Bhatt, Bhavna Shah, and Shubham Jain are the other directors of the company. Patel Jain & Associates are the auditors of Sabar Flex India.
On 22 January 2023, Sabar Flex India’s share price on NSE was Rs 17.35 and Rs 17.85 on BSE. The share price touched a 52-week high of Rs 19.50 and a 52-week low of Rs 13. Its three-month return to investors was 2.06%, while its one-month return was 9.06%.
The company’s trailing twelve-month (TTM) revenue was Rs 72.36 crore as of 31 December 2022. At the same time, the company had a net profit of Rs 1.70 crore. The company’s P/E TTM was 14.9. The ROE of the company was 11.7, while the ROCE of the company was 10.5.
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