Filatex India Limited is an India-based company engaged in the manufacturing and trading of synthetic yarn and textiles such as Polyester Chips, Narrow Fabrics, and manufactures polyester and polypropylene multifilament yarn. The company is one of the top manufacturers of Polyester Filament Yarn and Polypropylene Filament Yarn in India and ranks among the top five Polyester Filament Yarn and Polyester Chips manufacturers in India.
With an entry into manufacturing in 1994 with monofilament yarn, the company made a humble beginning by setting up 500 Tons Per Annum (TPA) of monofilament yarns in Noida. This was followed by another plant of 6000 TPA in Dadra & Nagar Haveli in 1996 for manufacturing polyester multifilament yarns. Initially starting with a small capacity of 5,000 TPA in 1996, the company has now expanded to 3,83,000 TPA.
The company manufactures polyester and polypropylene multifilament yarn and polyester chips at its two production facilities:
- Dadra & Nagar Haveli: Equipped with state-of-the-art modern German machines, this plant manufactures Dope Dyed Polyester and Polypropylene Yarns.
- Dahej: This plant facilitated the company's transition from "Chips to Yarns" to "Melt to Yarns" technology.
The company commissioned and started commercial production for a debottlenecking melt capacity project of 50 MT per day and manufacturing lines of 120 MT per day POY at its Dahej Plant in September 2022. In 2022, the company also set up a 1500 kgs per day pilot plant for chemical recycling of PET bottle waste and polyester yarn waste.
The company's comprehensive product portfolio consists of:
- Polyester products: Polyester chips, Partially Oriented Yarns (POY), Fully Drawn Yarns (FDY), Drawn Textured Yarns (DTY), Air Textured Yarns (ATY).
- Polypropylene products: Polypropylene Multifilament Crimp Yarns (PPY).
- Other textiles: Narrow Woven Fabrics (NWF).
Filatex India also offers a variety of synthetic yarns and value-added products categorized into four variants: Comfort, Touch, Fancy Effect, and Others. These include specialty products such as Sewfil, Fillory, Filaspun, Wooly, Flexifil, Filigree, Ocean, Chubby Yarn, Cotslon, Soie FIL, and Flexi FIL.
The company exports to over 45 countries across 5 continents, leveraging its promoters' four decades of experience in marketing Synthetic Filament Yarns, including Specialty Yarns, which provides a strong competitive edge.
- Market Capitalization: ₹2,725 crore (as of 2025)
- Trailing Twelve-Month EPS: ₹2.5 (an improvement from ₹2.0 last year)
- Price to Earnings (P/E) Ratio: 22.0 times (at current price of ₹62.2)
- Dividend Declared: ₹0.20 per share (Q4 FY24), ₹0.25 per equity share (final dividend recommended)
- Revenue: ₹4,252.15 crore (declined 0.79% from FY24's ₹4,285.90 crore)
- Net Profit: ₹134.57 crore (rose 21.61% from FY24's ₹110.66 crore)
- Q4 FY25 Net Profit: ₹41.38 crore (rose 18.77% from Q4 FY24's ₹34.84 crore)
- Q4 FY25 Sales: ₹1,080.02 crore (rose 5.28% from Q4 FY24's ₹1,025.84 crore)
- Revenue: ₹4,300.4 crore (down 0.5% compared to FY23's ₹4,322.0 crore)
- Net Profit: ₹110.7 crore (up 23.1% compared to FY23's ₹89.9 crore)
Filatex India continues its focus on manufacturing expansion and operational efficiency:
- Capacity Expansion: Added 70 tons per day capacity to produce cationic chips in 2024.
- Strategic Acquisition: Acquired all existing 2,000 Equity Shares of Texfil Private Limited, making it a wholly-owned subsidiary effective May 01, 2024.
- Renewable Energy Focus:
- Increased share of renewable energy by sourcing power from a 10.8 MW hybrid wind solar power plant in Rajkot, Gujarat in 2023.
- Approved an investment of approximately ₹24 crore in a new hybrid power project with Torrent Power, to be commissioned by September 2025 in Gujarat.
The company remains well-positioned to capitalize on the growing demand for synthetic yarns in both domestic and international markets, backed by strong fundamentals and strategic expansion plans.
