Is Mega Flex Plastics Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mega Flex Plastics Ltd (MEGAFLEX.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Mega Flex Plastics Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mega Flex Plastics Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mega Flex Plastics Ltd?

Muslim investors may consider investing in Mega Flex Plastics Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Mega Flex Plastics Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Mega Flex Plastics Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Mega Flex Plastics Ltd updated?

The Shariah compliance status of Mega Flex Plastics Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Mega Flex Plastics Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Mega Flex Plastics Ltd?

You can check the latest Shariah compliance status of Mega Flex Plastics Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Mega Flex Plastics Ltd MEGAFLEX.NS

₹140.60

Last Updated: May 13, 12:00 AM·NSE

MEGAFLEX.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 27, 2026

Report Source: 2026 2nd Quarter Report

Mega Flex Plastics Ltd. Stock Analysis MEGAFLEX.NS

India Materials Nano Cap Report: Q2, 2026

Mega Flex Plastics Ltd. engages in the manufacturing of leno bags, sutli, and woven fabrics. The firm is primarily engaged in manufacturing of Leno Bags. The Company’s products include Leno Bags, Woven fabrics, and Sutli (fibrillated twisted thread). Its Leno Bags are made from plastic granules and are used multiple times for storage of fruits and vegetables as well as in cold storage and warehouse for storing of various products. Its polypropylene (PP) woven fabric products are used in different industrial segments, such as bag manufacture, fertilizers, polymers, chemicals, textiles, machinery and food grain packing. Sutli is manufactured from Polypropylene Granules, which are, in turn, manufactured to make Sutli or Twisted Yarn. These are mainly used for tying and stitching bags. The firm's brands include Lenoflex, Kisan, Kisan Regular, Goldflex, Goldflex Lite, Tiger, Tiranga, and Hena. Its plant for manufacturing leno bags is in Poly Park, Howrah, West Bengal, India.

Key Statistics of Mega Flex Plastics Ltd (MEGAFLEX.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹140.60₹140.60

Today's Open

₹140.60

Volume

1000.00

P/E Ratio (TTM)

121.83

52 Week Range

₹43.50₹155.05

Market Cap

1.76B

Avg. Volume

1666.67

Dividend Yield

Financial Metrics & Statements of Mega Flex Plastics Ltd (MEGAFLEX.NS)

FAQ's for Mega Flex Plastics Ltd (MEGAFLEX.NS)

According to Musaffa’s Shariah screening methodology, Mega Flex Plastics Ltd (MEGAFLEX.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.