Filatex India Ltd

Filatex India Ltd

₹ 55.6 -2.47%
12 Jul - close price
About

Filatex India Ltd. is engaged in the manufacturing and trading of synthetic yarn and textiles such as Polyester Chips, Narrow Fabrics etc. [1]

Key Points

Products
The product portfolio consists of Polyester chips, Drawn Textured Yarns, Partially Oriented Yarns, Fully Drawn Yarns, Air Textured Yarns, Polypropylene Multifilament Crimp Yarns, and Narrow Woven Fabrics. [1] Its value-added products are categorized into four variants Comfort, Touch, Fancy Effect, and Others which include Sewfil, Fillory, Filaspun, Wooly, Flexifil, and a few more types. [2]

  • Market Cap 2,468 Cr.
  • Current Price 55.6
  • High / Low 78.0 / 37.4
  • Stock P/E 22.3
  • Book Value 27.1
  • Dividend Yield 0.27 %
  • ROCE 12.6 %
  • ROE 9.61 %
  • Face Value 1.00

Pros

  • Company has reduced debt.

Cons

  • Dividend payout has been low at 5.63% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Manmade

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
853 699 965 1,074 1,090 1,023 1,163 1,070 1,047 1,069 1,108 1,083 1,026
664 598 840 915 944 949 1,117 1,026 978 1,025 1,054 1,008 961
Operating Profit 189 101 125 159 146 74 46 44 69 45 54 75 65
OPM % 22% 14% 13% 15% 13% 7% 4% 4% 7% 4% 5% 7% 6%
5 4 7 13 3 7 10 -6 6 4 3 3 4
Interest 6 13 6 8 9 6 6 16 31 7 7 11 3
Depreciation 15 15 16 17 16 16 17 18 18 18 18 18 18
Profit before tax 173 78 110 148 124 58 34 4 25 24 32 48 47
Tax % 32% 33% 33% 33% 36% 26% 26% 36% 26% 26% 27% 26% 26%
118 52 74 98 79 43 25 3 19 18 23 35 35
EPS in Rs 2.68 1.18 1.64 2.18 1.74 0.98 0.57 0.06 0.42 0.40 0.52 0.79 0.78
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,232 1,769 1,573 1,278 1,549 1,933 2,874 2,782 2,227 3,828 4,304 4,286
1,187 1,727 1,494 1,191 1,415 1,777 2,658 2,560 1,880 3,297 4,072 4,048
Operating Profit 45 42 79 88 134 157 217 222 347 531 232 238
OPM % 4% 2% 5% 7% 9% 8% 8% 8% 16% 14% 5% 6%
3 12 10 18 8 11 14 12 9 27 18 14
Interest 23 40 54 51 59 44 55 61 59 36 59 29
Depreciation 21 26 21 21 29 31 45 51 58 63 69 73
Profit before tax 4 -12 14 33 54 93 131 122 240 459 122 150
Tax % 39% 30% 33% 20% 25% 36% 35% 0% 31% 34% 26% 26%
2 -8 10 26 41 60 85 121 166 303 90 111
EPS in Rs 0.10 -0.29 0.30 0.82 0.93 1.37 1.95 2.76 3.76 6.72 2.03 2.49
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 5% 1% 7% 8%
Compounded Sales Growth
10 Years: 9%
5 Years: 8%
3 Years: 24%
TTM: 0%
Compounded Profit Growth
10 Years: 28%
5 Years: 6%
3 Years: -13%
TTM: 23%
Stock Price CAGR
10 Years: 37%
5 Years: 20%
3 Years: 0%
1 Year: 45%
Return on Equity
10 Years: 17%
5 Years: 18%
3 Years: 16%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 24 28 32 32 44 44 44 44 44 45 44 44
Reserves 126 124 138 165 282 342 429 551 718 1,040 1,055 1,160
403 422 419 490 535 712 594 720 588 358 304 233
192 203 127 194 199 340 349 306 456 579 711 661
Total Liabilities 745 777 716 881 1,059 1,438 1,415 1,621 1,806 2,023 2,113 2,098
399 399 388 492 629 945 928 1,157 1,135 1,248 1,343 1,304
CWIP 4 1 2 18 6 7 72 25 130 42 6 43
Investments 0 0 0 0 0 0 0 0 0 0 11 66
342 377 326 370 425 486 415 439 541 734 753 684
Total Assets 745 777 716 881 1,059 1,438 1,415 1,621 1,806 2,023 2,113 2,098

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 -36 28 63 67 189 251 157 301 304 325 168
-72 -25 1 -110 -125 -300 -83 -234 -113 -86 -114 -102
125 8 -31 48 58 119 -152 57 -180 -229 -160 -113
Net Cash Flow 52 -53 -2 1 -1 8 15 -21 8 -11 51 -48

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 41 44 35 62 47 32 13 16 20 14 11 10
Inventory Days 31 15 32 34 47 48 28 30 63 51 44 43
Days Payable 48 34 23 42 35 55 29 32 68 43 44 40
Cash Conversion Cycle 23 26 44 54 59 25 12 13 15 22 11 13
Working Capital Days 15 30 34 43 39 19 7 13 24 28 10 19
ROCE % 5% 4% 12% 12% 15% 14% 17% 15% 22% 35% 13% 13%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
65.18% 65.18% 65.18% 64.85% 64.85% 64.85% 64.88% 64.76% 64.76% 64.76% 64.76% 64.76%
0.00% 0.00% 0.00% 0.00% 6.37% 6.18% 6.14% 6.04% 5.95% 5.89% 5.94% 5.20%
4.40% 4.40% 4.38% 4.45% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 2.35% 2.35%
30.42% 30.42% 30.43% 30.70% 28.76% 28.96% 28.99% 29.21% 29.26% 29.36% 26.96% 27.69%
No. of Shareholders 25,92634,09445,48847,49345,97450,70354,29355,41355,04756,49865,89289,066

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls