Filatex Fashions Limited (FILATFASH) AI Stock Analysis

• Market Cap: ₹1.42B
• Dividend Yield: N/A
• Average Volume (3M): 8.99M
• Price to Earnings (P/E): 1157.5
• Beta (1Y): 0.16
• Revenue Growth: 9.68%
• EPS Growth: -15.18%
• Country: IN
• Employees: 90
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.00
• Shares Outstanding: 8,334,072,000
• 10 Day Avg. Volume: 7,226,871
• 30 Day Avg. Volume: 8,987,804
• PEG Ratio: -0.58
• Price to Book (P/B): 0.19
• Price to Sales (P/S): 2.30
• P/FCF Ratio: 308.10
• 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: 53 Neutral
• Price Target: ₹0.18 ▼(-53.08% Downside)
• Action: Reiterated Date: 03/17/26
• Date: Action: Reiterated 03/17/26

The score is held back primarily by very weak technical trend signals (below all key moving averages with negative MACD) and an extremely high P/E, which together outweigh the moderate underlying financial improvement (better profitability trend and stronger balance sheet, but cash flow remains a concern).

Positive Factors

Balance-sheet improvement

Improved debt-to-equity and a robust equity ratio reduce financial vulnerability and increase strategic flexibility. Over the next 2-6 months this stronger capital structure supports inventory funding, supplier credit, and selective investment in retail or product lines, lowering refinancing risk during apparel seasonality.

Improving profitability and revenue trend

A multi-year rise in revenue alongside better gross and net margins indicates improving product mix, pricing, or cost control. These durable margin gains enhance operating leverage potential and provide a foundation for reinvestment in design, marketing, and channels to sustain growth across seasonal cycles.

Diversified revenue streams

Revenue from wholesale, direct retail, e-commerce, and partner distributions reduces reliance on any single channel. This distribution breadth smooths demand swings, enables cross-channel customer acquisition, and supports resilient revenue generation through seasonality and changing consumer purchase behaviors.

Negative Factors

Weak cash-flow quality

Prior negative free cash flow and limited cash-efficiency metrics constrain the firm's ability to self-fund inventory, capex, and marketing in a working-capital intensive apparel business. Even with a 2025 improvement, inconsistent cash conversion risks recurring funding needs or reliance on external financing.

Earnings volatility

A roughly 58% decline in EPS signals earnings sensitivity and reduces retained earnings available for reinvestment. Persistent EPS volatility undermines forecasting, may limit strategic investments, and raises the bar for sustained profit recovery amid competitive and seasonal pressures in apparel markets.

Operational margin volatility

Fluctuating EBIT/EBITDA margins point to inconsistent cost control or margin mix across collections and channels. For a fashion manufacturer, this variability hampers long-term planning, increases inventory and markdown risks, and complicates capital allocation for retail expansion or new product investments.

Filatex Fashions Limited Business Overview & Revenue Model

Company Description

Filatex Fashions Limited engages in the manufacture and sale of socks and allied products in India. The company markets cotton, woolen, and silk socks under the Tuscany and Smart Man brands. It provides its products to schools, companies, wholesalers, and retailers. Filatex Fashions Limited was founded in 1993 and is based in Hyderabad, India.

How the Company Makes Money

Filatex Fashions Limited generates revenue through multiple streams, primarily by selling its clothing and accessories to retailers and directly to consumers. The company engages in wholesale distribution, supplying its products to various retail outlets, which constitutes a significant portion of its income. Additionally, FILATFASH operates its own retail outlets and an online store, allowing it to capture sales directly from end consumers. The company also benefits from partnerships with various fashion brands and retailers, enhancing its market reach and brand presence. Seasonal collections and limited-edition offerings help drive demand, while strategic pricing and promotional campaigns attract a diverse customer base. Overall, FILATFASH's revenue model is bolstered by a combination of wholesale and retail sales, along with partnerships that enhance its market visibility.

Filatex Fashions Limited Financial Statement Overview

Summary

Financials show improving revenue and profitability trends and a stronger balance sheet (better debt-to-equity, robust equity ratio), but cash flow quality is a key weakness given prior negative free cash flow and limited cash-efficiency metrics.

Income Statement

Filatex Fashions Limited has demonstrated consistent revenue growth over the years, with a notable increase from 2022 to 2025. The gross profit margin and net profit margin have shown improvement, indicating enhanced profitability. However, the EBIT and EBITDA margins have fluctuated, suggesting some volatility in operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has significantly improved, reflecting a stronger equity position relative to debt. The equity ratio is robust, indicating a solid financial foundation. However, the return on equity has not been calculated, which limits the assessment of shareholder returns.

Cash Flow

Filatex Fashions Limited has faced challenges with cash flow, as evidenced by negative free cash flow in previous years. Although there is a positive shift in free cash flow in 2025, the operating cash flow to net income ratio remains uncalculated, which hinders a full understanding of cash generation efficiency.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	907.60M	1.86B	1.76B	1.64B	1.15B
Gross Profit	76.96M	214.11M	210.84M	210.21M	73.15M
EBITDA	55.22M	157.18M	141.67M	185.51M	48.93M
Net Income	27.66M	94.19M	88.26M	119.30M	29.06M
Balance Sheet
Total Assets	25.18B	24.53B	24.41B	2.34B	2.02B
Cash, Cash Equivalents and Short-Term Investments	11.21M	7.48M	4.22M	17.60M	74.23M
Total Debt	518.10M	545.72M	545.32M	668.30M	79.41M
Total Liabilities	2.03B	1.41B	1.38B	1.51B	780.95M
Stockholders Equity	23.14B	23.12B	23.02B	830.06M	1.24B
Cash Flow
Free Cash Flow	6.76M	13.90M	-21.88B	-138.44M	-461.82M
Operating Cash Flow	11.81M	23.56M	96.61M	-114.78M	-461.60M
Investing Cash Flow	23.75M	18.79M	-21.95B	12.53M	3.11M
Financing Cash Flow	-28.93M	-39.25M	21.84B	47.37M	519.23M

Filatex Fashions Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.39
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FILATFASH, the sentiment is Negative. The current price of 0.39 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.27, and below the 200-day MA of 0.46, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 23.05 is Positive, neither overbought nor oversold. The STOCH value of 5.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:FILATFASH.

Filatex Fashions Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MONTECARLO	64 Neutral	₹10.82B	3.10	―	2.83%	8.10%	59.25%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
KITEX	59 Neutral	₹32.91B	-96.49	―	0.27%	20.41%	-6.50%
FILATFASH	53 Neutral	₹1.42B	1,157.51	―	―	9.68%	-15.18%
INDTERRAIN	48 Neutral	₹1.51B	17.32	―	―	-5.67%	71.26%
CELEBRITY	44 Neutral	₹455.94M	-3.93	―	―	-28.56%	-16.49%

Filatex Fashions Limited Corporate Events

Exchange Seeks Clarification from Filatex Fashions on Q2 FY2025 Results

The stock exchange has requested Filatex Fashions Limited to provide clarifications for its financial results for the quarter ended 30 September 2025 under Regulation 33 of SEBI’s Listing Obligations and Disclosure Requirements framework. The company’s response is still pending, indicating that investors and other stakeholders may not yet have full clarity on the reported quarterly financial information and related compliance matters.

Exchange Seeks Clarification From Filatex Fashions After Sharp Share Price Move

Filatex Fashions Limited, a listed company in India’s capital markets, is currently under scrutiny following a notable movement in its share price. The stock exchange has formally sought clarification from the company to ensure investors have the latest relevant information and to safeguard market participants’ interests, with the market now awaiting the company’s response, which could shed light on the causes of the volatility and help stabilize trading sentiment.