Flexituff

Dhar, India Founded: 1993 • Age: 33 yrs Listed
Online platform for technical textile and irrigation component solutions

About Flexituff

Flexituff is a publicly listed company based in Dhar (India) founded in 1993. Online platform for technical textile and irrigation component solutions. The company has 4,500 employees. Its chief executive, as recorded, is Mahesh Sharma. Its Indian entity Flexituff Ventures International Limited reported revenue of β‚Ή19.97 Cr. Flexituff offers products and services including Technical Textiles and Related Products. Its focus areas include Chemicals and Materials and Diversified Materials.

Company details

Flexituff was established in 1993 in Dhar, India, as an online platform focused on technical textiles and irrigation solutions. Woven and non-woven materials are produced for applications in bulk handling, geotechnical engineering, and filtration. Drip irrigation components, along with extrusion machinery for water-efficient systems, are also provided to support agricultural and industrial needs.

  • Headquarters Dhar, India
  • Employees 4,500
  • Stage Public
  • Sectors
    Chemicals & Materials
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website flexituff.com
  • Social LinkedIn X
  • Legal Name Flexituff Ventures International Limited
Key Metrics
  • Market Cap
    ₹8.27 Cr

    FLEXITUFF · NSE

  • Share Price
    ₹2.62

    +3.97% today

  • Revenue
    ₹16.80 Cr

    FY 2025-26 · -94.2% YoY

  • EBITDA
    −₹29.67 Cr

    Margin -176.6%

  • Net Profit
    −₹135 Cr

    FY 2025-26 · -428.9% YoY

  • Latest Funding Round
    $9M (USD), Post-IPO

    Nov 2013

  • Investors
  • Employee Count
    4,500

Products & Services of Flexituff

Flexituff offers a comprehensive portfolio of products and services, including Technical Textiles and Related Products.

Technical Textiles
Textile Products

Technical textiles are produced and supplied for industrial uses

Related Products
Additional Offerings

Other products are associated with technical textiles as per the content

Funding Insights of Flexituff

  • Total Rounds 2
  • Last Round Post-IPO β€” $9M
  • First Round $25M

    (Apr 2013)

  • Investors Count 1

All 2 funding rounds of Flexituff with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2013$9MPost-IPO––
–
Apr 2013$25MPost-IPO––
Valuation history

1 investors in total: 1 institutional.

Investors in Flexituff

Flexituff has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TPG.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Fund of funds focused on pre-seed and seed-stage companies
1992tpg.comFort Worth, United States
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Investor details for Flexituff

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Flexituff Ventures International Limited (Flexituff)

Flexituff Ventures International Limited is the primary company behind Flexituff. The board of Flexituff Ventures International Limited currently have 6 directors; the longest-serving is Saurabh Kalani, appointed in 2012. 35 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Saurabh Kalani
DIN 00699380
Whole-time director30 May 201214 yrs 5 moFlexituff Ventures International Limited
Dharmendra Pawar
DIN 08068916
Director14 Feb 20206 yrs 8 moFlexituff Ventures International Limited
Jagdish Prasad Pandey
DIN 00225969
Whole-time director11 Sep 20206 yrs 1 moFlexituff Ventures International Limited
Rahul Chouhan
DIN 03307553
Whole-time director12 Nov 20214 yrs 11 moFlexituff Ventures International Limited
Sunil Ramsinghani
DIN 11121244
Director28 May 20251 yr 5 moFlexituff Ventures International Limited
Gudiya Yadav
DIN 11693940
Director29 Apr 20266 moFlexituff Ventures International Limited

People of Flexituff

8 people are tracked at Flexituff (3 in leadership, 5 in team); the tracked headcount is 4,500.

NameRoleGroup
Owner & DirectorLeadership
Mahesh Sharma
CEO & AdvisorLeadership
Rahul Bidasaria
PresidentLeadership
S P Yadav
SP YadavTeam
Rohan Saini
International Marketing ExecutiveTeam
Bhanupriya Upadhyay
Deputy Manager Human ResourcesTeam
Pushpendra Garhwal
Export ExecutiveTeam
Rakesh Varma
Deputy Manager - AccountsTeam
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Complete people profiles for Flexituff

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Flexituff

Flexituff is a publicly listed company on the NSE with ticker symbol FLEXITUFF in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date19 Oct 2011
  • Listed onBSE: 533638 · NSE: FLEXITUFF
  • Listed entityFlexituff Ventures International Limited
  • Exchange sectorProcess industries
  • ISININE060J01017
  • Share price₹3.07 (-1.92% on the day) · 2026-10-14
  • Market capitalisation₹10.7 Cr
  • EPS (diluted, trailing year)₹-40.29
  • Volume (last session)2,934

Financials of Flexituff

Exchange-reported figures of Flexituff Ventures International Limited, the listed company behind Flexituff (NSE: FLEXITUFF).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹16.80 Cr
-94.2% YoY
EBITDA
−₹29.67 Cr
+74.7% YoY
Profit After Tax
−₹135 Cr
-428.9% YoY
Net Worth
−₹122 Cr
-926.9% YoY
Total Assets
₹143 Cr
-42.7% YoY
Total Debt
₹268 Cr
+12.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue16.802895999151,042847885
Revenue growth-94.2%-51.8%-34.6%-12.1%+22.9%-4.3%-
EBITDA(29.67)(118)(117)(39.18)13.38(5.50)(68.81)
EBITDA margin-176.6%-40.7%-19.6%-4.3%+1.3%-0.7%-7.8%
Profit before tax(82.42)370(256)(165)(106)(82.10)(201)
Net profit(135)(25.52)(183)(120)(84.04)(119)(167)
Net profit margin-803.4%-8.8%-30.7%-13.1%-8.1%-14.1%-18.9%
EPS (β‚Ή)(41.15)72.47(59.75)(44.51)(34.90)(23.81)(67.73)
Balance sheet
Total assets143249639589677761915
Net worth(122)14.71(34.32)(60.28)49.93137196
Total debt268238672653624622717
Cash & bank1.4612.2816512.3213.1618.1712.36
Net working capital(78.12)(54.04)(104)71.87157194299
Cash flow
Cash from operations4.53(319)12.7938.7976.4382.3394.97
Cash from investing0.32474(3.91)(0.73)(2.48)1.87(22.32)
Cash from financing(15.36)(298)142(42.02)(71.24)(85.21)(70.83)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.27(0.27)5.6911.1160.5862.9885.06
Revenue growth (YoY)-100.0%-99.6%-100.4%-93.3%-86.1%---
Other income0.292.60(1.49)1.290.7718.210.570.48
EBITDA(2.37)(1.90)(13.71)(3.36)(10.70)(27.84)(9.13)7.96
EBITDA margin--703.7%+5077.8%-59.1%-96.3%-46.0%-14.5%+9.4%
Depreciation6.016.006.156.196.036.22(0.20)9.77
Interest7.597.287.969.826.498.617.0837.88
Profit before tax(15.68)(12.58)(29.31)(18.08)(22.45)(24.46)(15.44)(39.21)
Tax0.0056.680.02(0.06)(3.99)(12.90)0.31(27.20)
Net profit(15.68)(69.26)(29.33)(18.02)(18.46)(11.56)(15.75)(12.01)
EPS (β‚Ή)(4.78)(21.10)(8.93)(5.49)(5.63)(3.64)(4.99)(3.86)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue16.802895999151,039868873
Revenue growth-94.2%-51.8%-34.6%-11.9%+19.7%-0.6%-
EBITDA(30.08)(122)(121)(19.63)2.61(6.88)(68.93)
EBITDA margin-179.1%-42.3%-20.2%-2.1%+0.3%-0.8%-7.9%
Profit before tax(82.23)368(257)(144)(114)(79.85)(197)
Net profit(135)(27.10)(185)(104)(91.79)(118)(164)
Net profit margin-802.9%-9.4%-30.9%-11.4%-8.8%-13.6%-18.8%
EPS (β‚Ή)(41.09)71.79(60.28)(38.87)(38.00)(23.20)(66.48)
Balance sheet
Total assets167272442617681772925
Net worth(107)27.36(219)(41.92)51.47146204
Total debt268239650653624622717
Cash & bank0.8811.5910910.9112.3416.6311.59
Net working capital(54.47)(31.27)(98.72)99.32162206308
Cash flow
Cash from operations3.93(266)18035.3574.3877.8891.43
Cash from investing(7.28)476(2.02)1.810.285.56(18.88)
Cash from financing(7.04)(298)(81.88)(41.72)(71.22)(85.21)(70.44)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.005.6911.1160.5862.9885.06
Revenue growth (YoY)-100.0%-100.0%-100.0%-93.3%-86.1%---
Other income0.292.30(1.19)1.291.3818.791.151.11
Total expenses2.371.4714.149.0522.2288.4273.1077.58
EBITDA(2.37)(1.47)(14.14)(3.36)(11.11)(27.84)(10.12)7.48
EBITDA margin----59.1%-100.0%-46.0%-16.1%+8.8%
Depreciation6.016.006.156.196.036.22(0.20)9.77
Interest7.597.287.969.826.498.617.0837.90
Profit before tax(15.68)(12.45)(29.44)(18.08)(22.25)(23.88)(15.85)(39.08)
Tax0.0056.680.02(0.06)(3.99)(12.90)0.30(27.17)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.27(0.27)5.6911.1160.5862.9885.06
Revenue growth (YoY)-100.0%-99.6%-100.4%-93.3%-86.1%---
Other income0.292.60(1.49)1.290.7718.210.570.48
EBITDA(2.37)(1.90)(13.71)(3.36)(10.70)(27.84)(9.13)7.96
EBITDA margin--703.7%+5077.8%-59.1%-96.3%-46.0%-14.5%+9.4%
Depreciation6.016.006.156.196.036.22(0.20)9.77
Interest7.597.287.969.826.498.617.0837.88
Profit before tax(15.68)(12.58)(29.31)(18.08)(22.45)(24.46)(15.44)(39.21)
Tax0.0056.680.02(0.06)(3.99)(12.90)0.31(27.20)
Net profit(15.68)(69.26)(29.33)(18.02)(18.46)(11.56)(15.75)(12.01)
EPS (β‚Ή)(4.78)(21.10)(8.93)(5.49)(5.63)(3.64)(4.99)(3.86)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue16.802895999151,042847885
Revenue growth-94.2%-51.8%-34.6%-12.1%+22.9%-4.3%-
Other income3.175475.4712.6417.1269.0616.25
Total expenses46.474067169541,028853954
Employee cost0.0085.76170175188168177
EBITDA(29.67)(118)(117)(39.18)13.38(5.50)(68.81)
EBITDA margin-176.6%-40.7%-19.6%-4.3%+1.3%-0.7%-7.8%
Depreciation24.3727.9459.3268.2569.4872.7474.51
Interest31.5531.0984.9670.1066.8372.9273.85
Profit before tax(82.42)370(256)(165)(106)(82.10)(201)
Tax52.65132(72.14)(38.69)(19.09)(21.98)(31.94)
Net profit(135)(25.52)(183)(120)(84.04)(119)(167)
Net profit margin-803.4%-8.8%-30.7%-13.1%-8.1%-14.1%-18.9%
EPS (β‚Ή)(41.15)72.47(59.75)(44.51)(34.90)(23.81)(67.73)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital32.8232.8230.7026.8824.8824.8824.88
Reserves & surplus(154)(23.28)(269)(91.91)25.05112171
Shareholders' funds (net worth)(122)14.71(34.32)(60.28)49.93137196
Minority interest(9.82)(9.69)(9.75)(9.12)(2.58)(2.68)(1.80)
Secured loans278235331367318348345
Unsecured loans(10.04)2.62341285306274372
Total debt268238672653624622717
Total liabilities143249639589677761915
Assets
Gross block608608883871841846847
Net block212236346394432495568
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories8.8328.2190.7992.16123152140
Sundry debtors47.5950.74105173230225239
Cash & bank balances1.4612.2816512.3213.1618.1712.36
Loans & advances45.6274.4579.4897.56112118152
Total current assets104166440375478514543
Total current liabilities182220544303320320244
Net working capital(78.12)(54.04)(104)71.87157194299
Total assets143249639589677761915
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash11.931554.388.355.636.644.82
Net cash from operating activities4.53(319)12.7938.7976.4382.3394.97
Net cash from investing activities0.32474(3.91)(0.73)(2.48)1.87(22.32)
Net cash from financing activities(15.36)(298)142(42.02)(71.24)(85.21)(70.83)
Net change in cash(10.51)(143)151(3.96)2.72(1.01)1.82
Closing cash1.4612.2816512.3213.1618.1712.36
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-94.2%-51.8%-34.6%-12.1%+22.9%-4.3%-
EBITDA growth+74.8%-0.1%-199.7%-392.8%+343.3%+92.0%-
PBT growth-+9998.0%-55.4%-55.8%-28.9%+59.1%-580.9%
Net income growth-428.9%+86.1%-53.5%-42.3%+29.5%+28.8%-
Revenue CAGR (3Y)-73.6%-34.8%-10.9%+1.1%-5.8%-12.4%-15.3%
EBITDA CAGR (3Y)-8.9%-+177.4%-17.1%-53.0%--
Profitability & leverage
Net income margin-804.0%+82.4%-30.8%-13.8%-8.3%-7.1%-19.1%
Return on capital employed-+6.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth--21.4%0.0%0.0%0.0%0.0%0.0%
Debt / equity-0.000.000.006.684.032.58
Long-term debt / equity-0.000.000.000.260.130.55
Interest cover-58.38-21.38-48.07-65.25-119.13-93.20-51.53
Efficiency & per share
Fixed asset turnover-0.370.681.071.231.001.06
Inventory turnover-4.856.548.537.595.805.89
Debtors turnover-3.694.304.544.573.652.79
EPS (β‚Ή)(41.15)72.47(59.75)(44.51)(34.90)(23.81)(67.73)
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)0.002.91(77.50)(24.19)20.0754.8978.66
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.005.6911.1160.5862.9885.06
Revenue growth (YoY)-100.0%-100.0%-100.0%-93.3%-86.1%---
Other income0.292.30(1.19)1.291.3818.791.151.11
Total expenses2.371.4714.149.0522.2288.4273.1077.58
EBITDA(2.37)(1.47)(14.14)(3.36)(11.11)(27.84)(10.12)7.48
EBITDA margin----59.1%-100.0%-46.0%-16.1%+8.8%
Depreciation6.016.006.156.196.036.22(0.20)9.77
Interest7.597.287.969.826.498.617.0837.90
Profit before tax(15.68)(12.45)(29.44)(18.08)(22.25)(23.88)(15.85)(39.08)
Tax0.0056.680.02(0.06)(3.99)(12.90)0.30(27.17)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue16.802895999151,039868873
Revenue growth-94.2%-51.8%-34.6%-11.9%+19.7%-0.6%-
Other income3.775497.9214.1819.6672.6820.01
Total expenses46.884117199351,036875942
Employee cost0.0085.76170175188168177
EBITDA(30.08)(122)(121)(19.63)2.61(6.88)(68.93)
EBITDA margin-179.1%-42.3%-20.2%-2.1%+0.3%-0.8%-7.9%
Depreciation24.3727.9459.3268.2569.4872.7374.50
Interest31.5531.0984.5869.8066.8172.9273.83
Profit before tax(82.23)368(257)(144)(114)(79.85)(197)
Tax52.65132(71.59)(39.00)(19.44)(22.13)(31.83)
Net profit(135)(27.10)(185)(104)(91.79)(118)(164)
Net profit margin-802.9%-9.4%-30.9%-11.4%-8.8%-13.6%-18.8%
EPS (β‚Ή)(41.09)71.79(60.28)(38.87)(38.00)(23.20)(66.48)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital32.8232.8230.7026.8824.8824.8824.88
Reserves & surplus(140)(10.63)(252)(73.55)26.59121179
Shareholders' funds (net worth)(107)27.36(219)(41.92)51.47146204
Secured loans260235367367599348345
Unsecured loans8.163.4928428525.49274372
Total debt268239650653624622717
Total liabilities167272442617681772925
Assets
Gross block608608885873843848849
Net block212236346394432495568
Capital work in progress0.000.000.000.000.000.000.00
Investments0.620.620.620.050.051.301.30
Inventories8.8128.1990.7892.02101131140
Sundry debtors70.9774.00129200254249238
Cash & bank balances0.8811.5910910.9112.3416.6311.59
Loans & advances45.6474.4881.7399.01109121155
Total current assets126188410402476518544
Total current liabilities181220509303314312236
Net working capital(54.47)(31.27)(98.72)99.32162206308
Total assets167272442617681772925
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash11.2399.322.987.534.095.873.75
Net cash from operating activities3.93(266)18035.3574.3877.8891.43
Net cash from investing activities(7.28)476(2.02)1.810.285.56(18.88)
Net cash from financing activities(7.04)(298)(81.88)(41.72)(71.22)(85.21)(70.44)
Net change in cash(10.39)(88.09)96.34(4.56)3.44(1.78)2.12
Closing cash0.8411.5910910.9112.3416.6311.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-94.2%-51.8%-34.6%-11.9%+19.7%-0.6%-
EBITDA growth+75.4%-1.2%-515.0%-852.1%+137.9%+90.0%-
PBT growth-+9998.0%-78.9%-25.9%-42.8%+59.5%-815.3%
Net income growth-397.7%+85.4%-77.3%-13.7%+22.0%+28.4%-
Revenue CAGR (3Y)-73.6%-34.8%-11.7%+1.6%-4.0%-9.0%-13.0%
EBITDA CAGR (3Y)+15.3%-+159.9%-34.2%-72.9%--
Profitability & leverage
Net income margin-802.9%+81.7%-30.9%-11.4%-9.1%-6.7%-19.0%
Return on capital employed-+6.9%0.0%0.0%0.0%0.0%0.0%
Return on net worth--102.4%0.0%0.0%0.0%0.0%0.0%
Debt / equity-0.000.00133.716.323.832.52
Long-term debt / equity-0.000.003.430.250.130.53
Interest cover-57.94-20.71-46.98-79.43-99.91-91.60-51.47
Efficiency & per share
Fixed asset turnover-0.370.681.071.231.021.05
Inventory turnover-4.856.559.488.976.436.04
Debtors turnover-2.853.634.034.133.562.80
EPS (β‚Ή)(41.09)71.79(60.28)(38.87)(38.00)(23.20)(66.48)
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)0.006.76(71.92)(17.36)20.6958.6281.79

Timeline of Flexituff

4 dated milestones of Flexituff across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Flexituff is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $25.0M.
  4. Funding Latest funding round, Post-IPO, of $9.0M.

Web traffic of Flexituff

The website of Flexituff (flexituff.com) receives about 2.5K visits a month.

  • Monthly visits
    2.5K
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Frequently Asked Questions about Flexituff

Flexituff was founded in 1993 and raised its 1st funding round 20 years after it was founded.

Flexituff is headquartered in Dhar, India. It is registered at Dhar, Madhya Pradesh, India.

Mahesh Sharma is the CEO of Flexituff, as recorded in our data.

Flexituff has 4,500 employees.

The primary company behind Flexituff, Flexituff Ventures International Limited, reported revenue of β‚Ή19.97 Cr for FY 2026, down 94% year on year.

Flexituff was established in 1993 in Dhar, India, as an online platform focused on technical textiles and irrigation solutions. Woven and non-woven materials are produced for applications in bulk handling, geotechnical engineering, and filtration. Drip irrigation components, along with extrusion machinery for water-efficient systems, are also provided to support agricultural and industrial needs.

Flexituff offers Technical Textiles and Related Products.

Yes, Flexituff is publicly traded on NSE under the ticker symbol FLEXITUFF.

Flexituff has 1 investor. Key investors include TPG.

Flexituff operates through Flexituff Ventures International Limited.

The legal entities of Flexituff currently have 6 directors, including Rahul Chouhan, Saurabh Kalani, Dharmendra Pawar and others.

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