FILATEX
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Filatex India Says Unit Signs MoU With American & Efird Global
Feb 25 (Reuters) - Filatex India Ltd FLTX.NS:
UNIT SIGNS MOU WITH AMERICAN & EFIRD GLOBAL
Source text: ID:nBSE8dC9R4
Further company coverage: FLTX.NS
(([email protected];;))
Feb 25 (Reuters) - Filatex India Ltd FLTX.NS:
UNIT SIGNS MOU WITH AMERICAN & EFIRD GLOBAL
Source text: ID:nBSE8dC9R4
Further company coverage: FLTX.NS
(([email protected];;))
Filatex India eyes best day in seven months after upbeat Q3 earnings
** Shares of Filatex India FLTX.NS jump 8.2% to 52.09 rupees
** Stock set for best day since July 2025, if gains hold
** Polyester yarn producer posts 16.6% rise in Q3 profit, helped by increased sale of higher-value products
** Q3 rev fell 1.8%, but expenses fell at a faster rate of 2.5%, aiding FLTX's profit
** Q3 EBITDA jumps 24% thanks to higher premium sales
** FLTX turns YTD positive, up 6.2% this year
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of Filatex India FLTX.NS jump 8.2% to 52.09 rupees
** Stock set for best day since July 2025, if gains hold
** Polyester yarn producer posts 16.6% rise in Q3 profit, helped by increased sale of higher-value products
** Q3 rev fell 1.8%, but expenses fell at a faster rate of 2.5%, aiding FLTX's profit
** Q3 EBITDA jumps 24% thanks to higher premium sales
** FLTX turns YTD positive, up 6.2% this year
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
Filatex India Re-Appoints Madhu Sudhan Bhageria As Chairman And MD
July 23 (Reuters) - Filatex India Ltd FLTX.NS:
RE-APPOINTS MADHU SUDHAN BHAGERIA AS CHAIRMAN AND MD
Source text: ID:nBSE3ND462
Further company coverage: FLTX.NS
(([email protected];;))
July 23 (Reuters) - Filatex India Ltd FLTX.NS:
RE-APPOINTS MADHU SUDHAN BHAGERIA AS CHAIRMAN AND MD
Source text: ID:nBSE3ND462
Further company coverage: FLTX.NS
(([email protected];;))
Filatex India March-Quarter Consol Net PAT 410.9 Mln Rupees
April 23 (Reuters) - Filatex India Ltd FLTX.NS:
MARCH-QUARTER CONSOL NET PAT 410.9 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 10.8 BILLION RUPEES
APPROVES REVISED EXPANSION PROJECT FOR DAHEJ PLANT
EXPANSION PROJECT COST ESTIMATED AT 2.35 BILLION RUPEES
APPROVES STEAM POWER DISTRIBUTION PROJECT AT COST OF 850 MILLION RUPEES
Source text: ID:nNSE6pY0jJ
Further company coverage: FLTX.NS
(([email protected];;))
April 23 (Reuters) - Filatex India Ltd FLTX.NS:
MARCH-QUARTER CONSOL NET PAT 410.9 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 10.8 BILLION RUPEES
APPROVES REVISED EXPANSION PROJECT FOR DAHEJ PLANT
EXPANSION PROJECT COST ESTIMATED AT 2.35 BILLION RUPEES
APPROVES STEAM POWER DISTRIBUTION PROJECT AT COST OF 850 MILLION RUPEES
Source text: ID:nNSE6pY0jJ
Further company coverage: FLTX.NS
(([email protected];;))
Filatex India To Invest 1.55 Bln Rupees For Expansion At Dahej
Jan 29 (Reuters) - Filatex India Ltd FLTX.NS:
APPROVES 240 MILLION RUPEES INVESTMENT IN HYBRID POWER PROJECT WITH TORRENT POWER
TO INVEST 1.55 BILLION RUPEES FOR EXPANSION AT DAHEJ
Source text: ID:nBSE2Lh8Zz
Further company coverage: FLTX.NS
(([email protected];;))
Jan 29 (Reuters) - Filatex India Ltd FLTX.NS:
APPROVES 240 MILLION RUPEES INVESTMENT IN HYBRID POWER PROJECT WITH TORRENT POWER
TO INVEST 1.55 BILLION RUPEES FOR EXPANSION AT DAHEJ
Source text: ID:nBSE2Lh8Zz
Further company coverage: FLTX.NS
(([email protected];;))
Filatex India Names Nitin Agarwal As CFO
Aug 8 (Reuters) - Filatex India Ltd FLTX.NS:
FILATEX INDIA - APPOINTS NITIN AGARWAL AS CFO
Source text for Eikon: ID:nBSE9ncrvQ
Further company coverage: FLTX.NS
(([email protected];))
Aug 8 (Reuters) - Filatex India Ltd FLTX.NS:
FILATEX INDIA - APPOINTS NITIN AGARWAL AS CFO
Source text for Eikon: ID:nBSE9ncrvQ
Further company coverage: FLTX.NS
(([email protected];))
Filatex India Approves Polyester Textiles Recycling Project Will Be Executed In Unit, Texfil
April 30 (Reuters) - Filatex India Ltd FLTX.NS:
APPROVED THAT POLYESTER TEXTILES RECYCLING PROJECT WILL BE EXECUTED IN UNIT, TEXFIL
ESTIMATED PROJECT COST SHALL BE AROUND 3 BILLION RUPEES FOR AN ANNUAL CAPACITY OF 26250 MT
MARCH-QUARTER NET PAT 348.4 MILLION RUPEES VERSUS PROFIT 186.1 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 10.26 BILLION RUPEES VERSUS 10.47 BILLION RUPEES
Source text for Eikon: ID:nBSE9MHdxx
Further company coverage: FLTX.NS
(([email protected];))
April 30 (Reuters) - Filatex India Ltd FLTX.NS:
APPROVED THAT POLYESTER TEXTILES RECYCLING PROJECT WILL BE EXECUTED IN UNIT, TEXFIL
ESTIMATED PROJECT COST SHALL BE AROUND 3 BILLION RUPEES FOR AN ANNUAL CAPACITY OF 26250 MT
MARCH-QUARTER NET PAT 348.4 MILLION RUPEES VERSUS PROFIT 186.1 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 10.26 BILLION RUPEES VERSUS 10.47 BILLION RUPEES
Source text for Eikon: ID:nBSE9MHdxx
Further company coverage: FLTX.NS
(([email protected];))
EXCLUSIVE-Fidelity International plan to cut 16% of China fund unit jobs, sources say
By Selena Li and Xie Yu
HONG KONG, March 19 (Reuters) - Fund manager Fidelity International(FIL) is planning to lay off 20 people at its main China business unit, two sources familiar with the matter said, a move that comes amid a global downsizing by the firm and a downturn in China's markets.
FIL's wholly-owned China fund unit, which currently houses around 120 staff, will launch a cut equivalent to around 16% of its headcount, according to the sources, who declined to be named as they were not authorised to speak to media.
The fund management giant, which manages $776 billion of client assets, commenced a broader cost reduction programme globally earlier this month, expected to save around $125 million in 2024 with 9% of its workforce made redundant.
A FIL spokesperson said that a review on previously reported global role reductions is ongoing across business lines and geographies and no decisions have been made in relation to its China business.
(Reporting by Selena Li and Xie Yu; Editing by Sumeet Chatterjee and Miral Fahmy)
(([email protected]; +852 39525868;))
By Selena Li and Xie Yu
HONG KONG, March 19 (Reuters) - Fund manager Fidelity International(FIL) is planning to lay off 20 people at its main China business unit, two sources familiar with the matter said, a move that comes amid a global downsizing by the firm and a downturn in China's markets.
FIL's wholly-owned China fund unit, which currently houses around 120 staff, will launch a cut equivalent to around 16% of its headcount, according to the sources, who declined to be named as they were not authorised to speak to media.
The fund management giant, which manages $776 billion of client assets, commenced a broader cost reduction programme globally earlier this month, expected to save around $125 million in 2024 with 9% of its workforce made redundant.
A FIL spokesperson said that a review on previously reported global role reductions is ongoing across business lines and geographies and no decisions have been made in relation to its China business.
(Reporting by Selena Li and Xie Yu; Editing by Sumeet Chatterjee and Miral Fahmy)
(([email protected]; +852 39525868;))
Filatex India Ltd Sept-Quarter Net Profit After Tax Falls
Oct 30 (Reuters) - Filatex India Ltd FLTX.NS:
SEPT-QUARTER NET PAT 231 MILLION RUPEES VERSUS PROFIT 251.6 MILLION RUPEES
SEPT-QUARTER REVENUE FROM OPERATIONS 11.08 BILLION RUPEES VERSUS 11.63 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FLTX.NS
(([email protected];))
Oct 30 (Reuters) - Filatex India Ltd FLTX.NS:
SEPT-QUARTER NET PAT 231 MILLION RUPEES VERSUS PROFIT 251.6 MILLION RUPEES
SEPT-QUARTER REVENUE FROM OPERATIONS 11.08 BILLION RUPEES VERSUS 11.63 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FLTX.NS
(([email protected];))
Filatex India June-Quarter Net PAT Falls
Aug 4 (Reuters) - Filatex India Ltd FLTX.NS:
FILATEX INDIA JUNE-QUARTER NET PAT 176.2 MILLION RUPEES VERSUS PROFIT 433.9 MILLION RUPEES
FILATEX INDIA JUNE-QUARTER REVENUE FROM OPERATIONS 10.69 BILLION RUPEES VERSUS 10.23 BILLION RUPEES
Source text for Eikon: ID:nBSE9bh4Zk
Further company coverage: FLTX.NS
(([email protected];))
Aug 4 (Reuters) - Filatex India Ltd FLTX.NS:
FILATEX INDIA JUNE-QUARTER NET PAT 176.2 MILLION RUPEES VERSUS PROFIT 433.9 MILLION RUPEES
FILATEX INDIA JUNE-QUARTER REVENUE FROM OPERATIONS 10.69 BILLION RUPEES VERSUS 10.23 BILLION RUPEES
Source text for Eikon: ID:nBSE9bh4Zk
Further company coverage: FLTX.NS
(([email protected];))
Filatex India March-Quarter Net PAT Falls
May 4 (Reuters) - Filatex India Ltd FLTX.NS:
FILATEX INDIA MARCH-QUARTER NET PAT 186.1 MILLION RUPEES VERSUS PROFIT 785.6 MILLION RUPEES
FILATEX INDIA MARCH-QUARTER REVENUE FROM OPERATIONS 10.47 BILLION RUPEES VERSUS 10.90 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FLTX.NS
(([email protected];))
May 4 (Reuters) - Filatex India Ltd FLTX.NS:
FILATEX INDIA MARCH-QUARTER NET PAT 186.1 MILLION RUPEES VERSUS PROFIT 785.6 MILLION RUPEES
FILATEX INDIA MARCH-QUARTER REVENUE FROM OPERATIONS 10.47 BILLION RUPEES VERSUS 10.90 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FLTX.NS
(([email protected];))
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What does Filatex India do?
Filatex India Ltd specializes in manufacturing Monofilament Yarns for zippers, toothbrush bristles, and other industries, offering a range of products like Polyester Partially Oriented Yarns, Textured Yarns, and Micro Denier Yarns.
Who are the competitors of Filatex India?
Filatex India major competitors are Pashupati Cotspin, Sportking India, Nitin Spinners, Sangam India, Le Merite Exports, Raj Rayon Industries, AYM Syntex. Market Cap of Filatex India is ₹1,704 Crs. While the median market cap of its peers are ₹1,460 Crs.
Is Filatex India financially stable compared to its competitors?
Filatex India seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Filatex India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Filatex India latest dividend payout ratio is 8.29% and 3yr average dividend payout ratio is 7.9%
How has Filatex India allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Filatex India balance sheet?
Balance sheet of Filatex India is strong. But short term working capital might become an issue for this company.
Is the profitablity of Filatex India improving?
Yes, profit is increasing. The profit of Filatex India is ₹184 Crs for TTM, ₹134 Crs for Mar 2025 and ₹111 Crs for Mar 2024.
Is the debt of Filatex India increasing or decreasing?
Yes, The net debt of Filatex India is increasing. Latest net debt of Filatex India is ₹60.25 Crs as of Sep-25. This is greater than Mar-25 when it was ₹8.88 Crs.
Is Filatex India stock expensive?
Filatex India is not expensive. Latest PE of Filatex India is 8.94, while 3 year average PE is 17.07. Also latest EV/EBITDA of Filatex India is 5.42 while 3yr average is 8.52.
Has the share price of Filatex India grown faster than its competition?
Filatex India has given lower returns compared to its competitors. Filatex India has grown at ~1.2% over the last 3yrs while peers have grown at a median rate of 24.62%
Is the promoter bullish about Filatex India?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Filatex India is 65.38% and last quarter promoter holding is 65.41%
Are mutual funds buying/selling Filatex India?
The mutual fund holding of Filatex India is increasing. The current mutual fund holding in Filatex India is 0.83% while previous quarter holding is 0.81%.
