What we do Filatex India Ltd manufactures polyester chips, filament yarns, and narrow fabrics, integrating melt-to-yarn processes with a focus on sustainable textile recycling and circular economy. |
Founded in 1,990 |
Market share Among top 5 polyester filament yarn producers in India with over 90% capacity utilization and expanding export reach. |
Problem solved Addresses textile waste via chemical recycling, enabling true circular polyester yarn production to meet rising sustainability and regulatory demands. |
Top clients or who we serve Serves apparel, industrial textiles, healthcare, home textiles sectors; caters to B2B customers domestically and internationally. |
Key management Madhu Sudhan Bhageria (Chairman & MD), Purrshottam Bhageria (Vice Chairman & MD), Madhav Bhageria (MD) with strong leadership continuity. |
Our journey and innovations Started in 1990, expanded capacities, diversified product range, launched chemical recycling pilot plant and ecosystem, commissioned captive power. |
Where we operate Mainly India with manufacturing in Dadra & Nagar Haveli and Dahej, exporting to USA, Europe, Asia, Australia. |
Top products or what we offer Polyester chips, Partially Oriented Yarn, Fully Drawn Yarn, Draw Textured Yarn, Narrow Woven Fabrics, polypropylene yarns, recycled polyester. |
Top brands Multiple polyester yarn types and chips; Ecosis circular recycling platform pioneering textile-to-textile recycling in India. |
Raw materials needed PET bottle waste, polyester yarn waste, petrochemical feedstocks for polymerization. |
Raw materials supplier Procured from domestic and international polyester chip producers and post-consumer waste collection networks. |
Recurring vs cyclical contribution Majority revenue is recurring from yarn sales; recycling and expansion projects add growth and innovation-based revenue streams. |
Our industry position Leader in integrated polyester yarn manufacturing and chemical recycling technology with growing market share in targeted segments. |
Financial highlights FY25 revenue ₹4252 crore, net profit ₹134 crore; EBITDA up 7.76%, PAT up 21.58%, consistent growth trajectory. |
Geographical revenue split ₹4171 cr from India, ₹81 cr from outside India (FY25), expanding export footprint due to FTAs. |
Order book - |
Whats driving growth Growth driven by textile-to-textile recycling innovation, capacity expansions, strong export opportunities, and rising ESG compliance. |
Our future plans Capex ₹235 crore for yarn capacity expansion, ₹300 crore for circular recycling plant commissioning by Sept 2026; steam power project underway. |
Our green promise Pioneering chemical recycling, renewable energy transition to 55% captive use, sustainability integrated into capex and operations. |
Our people and values Over 2500 employees; culture focused on innovation, sustainability, and ethical governance with ESOP schemes. |
Key challenges ahead Price volatility in raw materials, scaling recycling commercially, market competition, regulatory compliance costs. |
Interesting facts First Indian PFY producer with a chemical textile-to-textile recycling pilot plant and DSIR-approved R&D centre. |
Risks and strategy Mitigates risks via diversified portfolio, captive power, technological innovation, regulatory alignment, and exports expansion. |
