Filatex India Ltd (FILATEX) AI Stock Analysis

• Market Cap: ₹22.11B
• Dividend Yield: 0.49%
• Average Volume (3M): 92.03K
• Price to Earnings (P/E): 12.1
• Beta (1Y): 1.61
• Revenue Growth: 1.47%
• EPS Growth: 52.67%
• Country: IN
• Employees: 2,692
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Apparel - Manufacturers
• EPS (TTM): 1.07
• Shares Outstanding: 444,058,380
• 10 Day Avg. Volume: 70,544
• 30 Day Avg. Volume: 92,035
• PEG Ratio: 0.59
• Price to Book (P/B): 1.26
• Price to Sales (P/S): 0.39
• P/FCF Ratio: 6.43
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹51.00 ▲(3.07% Upside)

Filatex India Ltd's overall stock score is primarily driven by its strong financial performance, characterized by solid profitability and cash flow management. However, bearish technical indicators and moderate valuation metrics weigh down the score. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Strong profitability and margins

Consistent gross and net margins indicate durable operational efficiency and pricing power in polyester yarn manufacturing. Stable EBIT/EBITDA margins provide sustained cash available for reinvestment, working capital and shareholder returns, cushioning the business versus cyclical revenue swings.

Robust free cash flow generation

Strong operating and free cash flow relative to net income points to high cash conversion from operations. Reliable FCF supports capex, working capital needs, debt servicing and possible deleveraging without depending on external financing, enhancing long-term financial resilience.

Efficient use of equity / high ROE

A strong ROE implies the company generates attractive returns on invested capital, enabling growth or distributions while limiting equity dilution. Combined with a moderate debt posture, this suggests management leverages capital efficiently to enhance shareholder value over the medium term.

Negative Factors

Inconsistent revenue growth

Fluctuating revenue and a recent decline reduce visibility into medium-term top-line trajectory and may limit scale-driven margin expansion. If volume recovery lags, operating leverage can work against profitability, forcing cost cuts or reduced reinvestment in capacity and markets.

Moderate reliance on liabilities

A moderate dependence on liabilities increases interest and refinancing risk, particularly during cyclical downturns. This can constrain financial flexibility for capex or working capital needs and raises the sensitivity of returns to rising rates or tighter credit conditions.

Raw-material (petrochemical) exposure

Profitability is structurally sensitive to polyester feedstock and energy prices. Sustained raw-material volatility can compress spreads if input costs spike and are hard to pass through, requiring stronger hedging, contractual pricing or margin management to preserve long-term earnings stability.

Filatex India Ltd Business Overview & Revenue Model

Company Description

Filatex India Limited manufactures and sells polyester filament yarn primarily in India. The company offers partially oriented yarns (POY) that are used in shirting and suiting, sarees and ladies' dress wear, and draw warping for weaving and warp knitting of fabrics; full drawn yarns (FDY) for use in making apparel, fashion fabrics, sportswear, home furnishing fabrics, upholstery, and car seat covers; and polyethylene terephthalate chips that are used for making polyester yarn, such as POY and FDY. It also provides drawn textured yarns for use in manufacturing fabrics, such as outer and inner garments, skin-clinging garments, furnishings, seat covers, bags, upholstery, etc.; air textured yarns that are used to make automotive products, furnishing fabrics, sewing threads, shirting and blouses, shoelaces, and tarpaulins; and polypropylene yarns for use in the stitching of socks, undergarments, sportswear, woven sacks, geotextiles, sofa sets, safety belts, sewing thread, and rope. In addition, the company offers narrow woven fabrics that are used in the garment industry for hats, corsets and lingerie, and military uniforms; and specialty products, which include Filigree, Ocean, Chubby Yarn, Cotslon, Soie Fil, and Flexi Fil. Further, it exports its products to approximately 45 countries. Filatex India Limited was incorporated in 1990 and is headquartered in New Delhi, India.

How the Company Makes Money

Filatex India Ltd generates revenue primarily through the manufacturing and sale of synthetic fibers and yarns. The company’s key revenue streams include the production of polyester staple fiber, which is utilized in a variety of applications including apparel, home textiles, and industrial products. Additionally, the sale of polyester filament yarn contributes significantly to its earnings, catering to the needs of the weaving and knitting sectors. FILATEX also benefits from strategic partnerships with textile manufacturers and distributors, enhancing its market reach. The demand for sustainable and innovative textile solutions further supports its revenue growth, as the company invests in modern technologies and sustainable practices to meet consumer preferences and industry standards.

Filatex India Ltd Financial Statement Overview

Summary

Filatex India Ltd presents a solid financial profile with strong profitability and efficient cash flow management. While there are some concerns regarding revenue growth consistency and reliance on liabilities, the company’s effective use of equity and strong cash generation capabilities position it well within the apparel manufacturing industry.

Income Statement

Filatex India Ltd demonstrates strong profitability with a consistent gross profit margin and healthy net profit margin. The revenue growth rate has shown fluctuations, with a recent decline, but overall, the company maintains a stable EBIT and EBITDA margin, indicating efficient operations.

Balance Sheet

The company has a moderate debt-to-equity ratio, indicating a balanced approach to leverage. The return on equity is strong, reflecting effective use of shareholder funds. However, the equity ratio suggests a moderate reliance on liabilities, which presents a potential risk in financial stability.

Cash Flow

Filatex India Ltd shows a positive trajectory in cash flow generation. The free cash flow growth rate is impressive, and both operating and free cash flow to net income ratios are robust, demonstrating effective cash management and a strong ability to generate cash relative to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	42.47B	42.52B	42.77B	43.04B	38.20B	22.22B
Gross Profit	8.15B	7.50B	4.09B	7.57B	6.89B	4.62B
EBITDA	2.86B	2.74B	2.41B	2.16B	5.58B	3.39B
Net Income	1.42B	1.34B	1.11B	899.00M	3.03B	1.66B
Balance Sheet
Total Assets	0.00	22.75B	20.98B	21.13B	20.23B	18.06B
Cash, Cash Equivalents and Short-Term Investments	2.23B	2.24B	603.60M	523.37M	9.00M	360.90M
Total Debt	0.00	1.47B	2.33B	3.04B	3.58B	5.88B
Total Liabilities	-13.30B	9.45B	8.94B	10.14B	9.38B	10.44B
Stockholders Equity	13.30B	13.30B	12.04B	10.99B	10.85B	7.62B
Cash Flow
Free Cash Flow	0.00	2.60B	981.54M	2.13B	2.13B	1.80B
Operating Cash Flow	0.00	3.12B	1.68B	3.25B	3.04B	3.01B
Investing Cash Flow	0.00	-1.61B	-1.02B	-1.14B	-857.35M	-1.13B
Financing Cash Flow	0.00	-1.35B	-1.13B	-1.60B	-2.29B	-1.80B

Filatex India Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 49.48
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FILATEX, the sentiment is Neutral. The current price of 49.48 is above the 20-day moving average (MA) of 45.37, above the 50-day MA of 48.54, and below the 200-day MA of 52.76, indicating a neutral trend. The MACD of -0.26 indicates Negative momentum. The RSI at 58.58 is Neutral, neither overbought nor oversold. The STOCH value of 85.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:FILATEX.

Filatex India Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MANINDS	64 Neutral	₹27.34B	14.68	―	―	10.26%	46.49%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
FILATEX	61 Neutral	₹22.11B	12.13	―	0.49%	1.47%	52.67%
POLYPLEX	54 Neutral	₹26.86B	36.64	―	0.79%	5.98%	-52.53%
JINDALPOLY	53 Neutral	₹17.62B	-11.61	―	1.18%	19.84%	-115.35%
PRINCEPIPE	51 Neutral	₹27.71B	114.76	―	0.20%	-4.37%	-82.37%
INDORAMA	50 Neutral	₹11.21B	8.17	―	―	30.79%	―