---
title: "Barflex Polyfilms Ltd (BARFLEX) — Share Price, Financials & Analysis"
symbol: "BARFLEX"
company: "Barflex Polyfilms Ltd"
canonical: "https://tapetide.com/stocks/BARFLEX"
isin: "INE0QX401014"
nse_symbol: "BARFLEX"
sector: "Industrial Products"
industry: "Packaging"
market_cap_cr: 150.23
generated_at: "2026-09-13T19:15:45.443Z"
---

# Barflex Polyfilms Ltd (BARFLEX)

Canonical page: https://tapetide.com/stocks/BARFLEX

## Company

- **NSE Symbol:** BARFLEX
- **ISIN:** INE0QX401014
- **Sector:** Industrial Products
- **Industry:** Packaging
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-01-20
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** barflex.co.in

## About

Incorporated in January 2005, Barflex Polyfilms Limited manufactures COEX films, laminates, and labels.[1]

## Latest Price

- **Price:** ₹58.05
- **Change:** -1.85 (-3.09%)
- **Open:** ₹60.7
- **Day High:** ₹60.7
- **Day Low:** ₹58.05
- **Previous Close:** ₹59.9
- **Volume:** 6000
- **As Of:** 2026-09-11T06:48:43+00:00

## Key Fundamentals

Observed at 2026-09-11T04:35:19.953219Z.

- **Market Cap:** ₹150.23 Cr
- **Classification:** SME
- **P/E (reported):** 37.9
- **Book Value:** ₹38.68
- **Price to Book:** 1.55
- **Dividend Yield:** 0%
- **ROE:** 4.07%
- **ROCE:** 6.61%
- **Debt to Equity:** 0.21
- **Revenue (yearly):** ₹121 Cr
- **Net Income:** ₹3.9 Cr
- **EBITDA:** ₹8.7 Cr
- **52-Week High:** ₹82.4
- **52-Week Low:** ₹50.05
- **RSI (14):** 53.58

## Tapetide Score

- **Score:** 53 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 61 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 63.02 | 9% |
| growth | 70.62 | 9% |
| momentum | 66.49 | 12% |
| ownership | 58.52 | 24% |
| quality | 55.22 | 22% |
| valuation | 25.79 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.2.31 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 131.82% | -11.65% | -46.97% |
| ebitda margin growth | -61.84% | — | — |
| net income growth | -74.84% | — | — |
| revenue growth | 10.1% | — | — |
| roce | -69.55% | — | — |
| roe | -75.76% | — | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Sales | 49 | 53 | 65 |
| Expenses | 45 | 49 | 63 |
| Operating Profit | 4 | 4 | 2 |
| OPM % | 8 | 8 | 3.6 |
| Other Income | 6 | 1 | 2 |
| Interest | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 1 |
| Profit before tax | 10 | 4 | 3 |
| Tax % | 15 | 27 | 67 |
| Net Profit | 8 | 3 | 1 |
| EPS in Rs | 3.37 | 1.23 | 0.7 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Sales | 98 | 119 |
| Expenses | 89 | 112 |
| Operating Profit | 8 | 6 |
| OPM % | 9 | 5 |
| Other Income | 12 | 2 |
| Interest | 0 | 1 |
| Depreciation | 1 | 1 |
| Profit before tax | 20 | 7 |
| Tax % | 23 | 43 |
| Net Profit | 15 | 4 |
| EPS in Rs | 6.25 | 1.58 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Equity Capital | 25 | 25 |
| Reserves | 66 | 71 |
| Borrowings | 0 | 20 |
| Other Liabilities | 8 | 20 |
| Total Liabilities | 99 | 136 |
| Fixed Assets | 5 | 32 |
| CWIP | 2 | 15 |
| Investments | 36 | 13 |
| Other Assets | 56 | 75 |
| Total Assets | 99 | 136 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Cash from Operating Activity | -14 | 5 |
| Cash from Investing Activity | -12 | -23 |
| Cash from Financing Activity | 14 | 19 |
| Net Cash Flow | -13 | 0 |
| Free Cash Flow | -19 | -37 |
| CFO/OP | -117 | 93 |

### Ratios

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Debtor Days | 66 | 80 |
| Inventory Days | 54 | 79 |
| Days Payable | 19 | 33 |
| Cash Conversion Cycle | 102 | 126 |
| Working Capital Days | 173 | 136 |
| ROCE % | — | 6 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 92.66% | 66.73% | 67.22% | 67.22% |
| FIIs | 0% | 2.19% | 0% | 0% |
| DIIs | 0% | 0.12% | 0.12% | 1.29% |
| Government | 0% | 0% | 0% | 0% |
| Public | 0% | 17.74% | 23.32% | 17.12% |
| Others | 7.34% | 13.22% | 9.33% | 14.37% |
| No. of Shareholders | 9 | 667 | 835 | 797 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 5 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 59.72 | Sell |
| EMA (10) | 59.5 | Sell |
| SMA (20) | 59.86 | Sell |
| EMA (20) | 59.12 | Sell |
| SMA (50) | 56.68 | Buy |
| EMA (50) | 57.97 | Buy |
| SMA (100) | 57.55 | Buy |
| EMA (100) | 58.3 | Sell |
| SMA (200) | 61.3 | Sell |
| EMA (200) | 59.91 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.91 | Neutral |
| MACD (12,26,9) | 0.7 | Sell |
| Stochastic (14,3,3) | 29.03 | Neutral |
| ADX (14) | 19.69 | Neutral |
| Williams %R (14) | -85.51 | Buy |
| ATR (14) | 2.38 | High Volatility |
| ROC (12) | -1.61 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 46.74 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 March 2026 - NSE fined Barflex Rs.10,000 on Jan 1, 2026; paid; board urged compliance strengthening. | [Updates 9 March 2026 - NSE fined Barflex Rs.10,000 on Jan 1, 2026; paid; board urged compliance strengthening.](https://nsearchives.nseindia.com/corporate/BARFLEX_09032026194923_BARFLEX_FINE_COMMENT_09032026.pdf) |
| 9 March 2026 - Independent director Simran Sabharwal resigned effective March 9, 2026; audit, NRC, CSR, stakeholders committees reconstituted. | [Outcome of Board Meeting 9 March 2026 - Independent director Simran Sabharwal resigned effective March 9, 2026; audit, NRC, CSR, stakeholders committees reconstituted.](https://nsearchives.nseindia.com/corporate/BARFLEX_09032026190903_BARFLEX_MEETING_OUTCOME_09032026.pdf) |
| 8 May 2026 - Board approved Rs 60 lakh investment in subsidiary Barflex Flexibles Pvt Ltd by 31-May-2026. | [Acquisition 8 May 2026 - Board approved Rs 60 lakh investment in subsidiary Barflex Flexibles Pvt Ltd by 31-May-2026.](https://nsearchives.nseindia.com/corporate/BARFLEX_08052026190421_Intimation_of_acquisition_08052026.pdf) |
| 8 May 2026 - Board approved Rs 60 lakh investment in BARFLEX FLEXIBLES PRIVATE LIMITED; shareholding remains 60%, completion by 31-May-2026. | [Outcome of Board Meeting 8 May 2026 - Board approved Rs 60 lakh investment in BARFLEX FLEXIBLES PRIVATE LIMITED; shareholding remains 60%, completion by 31-May-2026.](https://nsearchives.nseindia.com/corporate/BARFLEX_08052026185004_BARFLEX_MEETING_OUTCOME_08-05-2026.pdf) |
| 4 Aug - AGM notice published for 27 Aug 2026 VC/OAVM meeting with remote e-voting details. | [Copy of Newspaper Publication 4 Aug - AGM notice published for 27 Aug 2026 VC/OAVM meeting with remote e-voting details.](https://nsearchives.nseindia.com/corporate/BARFLEX_04082026204031_BARFLEX_NEWSPAPER_PUBLICATION_AGM_2026.pdf) |
| 30 May 2026 - Board approved FY26 audited results, appointed Ms. Harvi Mohta, and reappointed internal and cost auditors. | [Appointment 30 May 2026 - Board approved FY26 audited results, appointed Ms. Harvi Mohta, and reappointed internal and cost auditors.](https://nsearchives.nseindia.com/corporate/BARFLEX_30052026120248_BARFLEX_BOARD_MEETING_OUTCOME_29-05-2026.pdf) |
| 30 May 2026 - Board approved FY2026 audited results, appointed independent director Harvi Gaurav Mohta, and reappointed internal and cost auditors. | [Appointment 30 May 2026 - Board approved FY2026 audited results, appointed independent director Harvi Gaurav Mohta, and reappointed internal and cost auditors.](https://nsearchives.nseindia.com/corporate/BARFLEX_30052026120747_BARFLEX_BOARD_MEETING_OUTCOME_29-05-2026.pdf) |
| 30 May 2026 - Board approved FY2026 audited results, appointed an independent director, and reappointed internal and cost auditors on May 29, 2026. | [Appointment 30 May 2026 - Board approved FY2026 audited results, appointed an independent director, and reappointed internal and cost auditors on May 29, 2026.](https://nsearchives.nseindia.com/corporate/BARFLEX_30052026121714_BARFLEX_BOARD_MEETING_OUTCOME_29-05-2026.pdf) |
| 3 Aug - Board approved AGM notice for August 27, 2026, director reappointment, cost auditor ratification and independent director regularization. | [Shareholders meeting 3 Aug - Board approved AGM notice for August 27, 2026, director reappointment, cost auditor ratification and independent director regularization.](https://nsearchives.nseindia.com/corporate/BARFLEX_03082026184112_BARFLEX_ANNUAL_REPORT_2026.pdf) |
| 3 Aug - Board approved AGM for Aug 27, 2026; annual report notes Baddi unit commencement and Rs 19.11 crore capex. | [Outcome of Board Meeting 3 Aug - Board approved AGM for Aug 27, 2026; annual report notes Baddi unit commencement and Rs 19.11 crore capex.](https://nsearchives.nseindia.com/corporate/BARFLEX_03082026183541_BARFLEX_ANNUAL_REPORT_2026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30155_BARFLEX_2025_2026_A_5529311_03082026185700.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27164_BARFLEX_2024_2025_A_29072025182908.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bae165b7-71e0-4ae3-b8f3-6b1803631e2f.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67317784-1ada-4a69-872a-8e1d80fe1805.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d79d85a9-5652-4fbe-a10b-81e559ae5a27.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/507747/73524507747.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/507747/69095507747.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/507747/64781507747.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/507747/5077470319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/507747/5077470318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2728B9DD_8ABE_47A5_B66D_F6936DCC6A58_102540.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/BARFLEX_05062025104425_BARFLEX_INVESTOR_PRESENATAION_05062025.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:15:45.443Z.