Filatex India Ltd

₹ 97.8 0.10%
05 Dec 4:01 p.m.
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 offering of the Co consists of Polyester chips, Drawn Textured Yarns (DTY), Partially Oriented Yarns (POY), Fully Drawn Yarns (FDY), Air Textured Yarns (ATY), Polypropylene Multifilament Crimp Yarns (PPY), Narrow Woven Fabrics (NWF). It also produces some Specialty products such as Filigree, Ocean, Chubby Yarn, Cotslon, Soie FIL, Flexi FIL etc. [1]

  • Market Cap 2,207 Cr.
  • Current Price 97.8
  • High / Low 143 / 72.4
  • Stock P/E 8.99
  • Book Value 47.7
  • Dividend Yield 0.20 %
  • ROCE 35.3 %
  • ROE 32.7 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 47.4% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.6%
  • Company's median sales growth is 21.2% of last 10 years

Cons

  • Company might be capitalizing the interest cost

* 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

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
680 738 667 145 508 722 853 699 965 1,074 1,090 1,023 1,163
628 682 605 151 463 601 664 598 840 915 944 949 1,117
Operating Profit 52 56 62 -6 45 120 189 101 125 159 146 74 46
OPM % 8% 8% 9% -4% 9% 17% 22% 14% 13% 15% 13% 7% 4%
2 1 6 1 1 2 5 4 7 13 3 7 10
Interest 9 17 22 18 19 16 6 13 6 8 9 6 6
Depreciation 12 14 14 14 14 15 15 15 16 17 16 16 17
Profit before tax 33 26 32 -37 13 91 173 78 110 148 124 58 34
Tax % -87% 29% 34% 25% 26% 28% 32% 33% 33% 33% 36% 26% 26%
Net Profit 62 19 21 -28 9 66 118 52 74 98 79 43 25
EPS in Rs 2.81 0.85 0.96 -1.27 0.43 2.99 5.36 2.35 3.28 4.36 3.49 1.92 1.11
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
486 473 1,232 1,769 1,573 1,278 1,549 1,933 2,874 2,782 2,227 3,828 4,351
445 441 1,187 1,727 1,494 1,191 1,415 1,777 2,658 2,560 1,880 3,297 3,926
Operating Profit 41 32 45 42 79 88 134 157 217 222 347 531 425
OPM % 9% 7% 4% 2% 5% 7% 9% 8% 8% 8% 16% 14% 10%
1 1 3 12 10 18 8 11 14 12 9 27 33
Interest 5 4 23 40 54 51 59 44 55 61 59 36 29
Depreciation 9 10 21 26 21 21 29 31 45 51 58 63 66
Profit before tax 28 19 4 -12 14 33 54 93 131 122 240 459 364
Tax % 32% 30% 39% 30% 33% 20% 25% 36% 35% 0% 31% 34%
Net Profit 19 14 2 -8 10 26 41 60 85 121 166 303 245
EPS in Rs 2.22 1.14 0.20 -0.57 0.60 1.64 1.86 2.75 3.90 5.53 7.51 13.44 10.88
Dividend Payout % 9% 18% 0% 0% 0% 0% 0% 0% 0% 0% 5% 1%
Compounded Sales Growth
10 Years: 23%
5 Years: 20%
3 Years: 10%
TTM: 34%
Compounded Profit Growth
10 Years: 36%
5 Years: 47%
3 Years: 54%
TTM: -21%
Stock Price CAGR
10 Years: 32%
5 Years: 18%
3 Years: 41%
1 Year: 3%
Return on Equity
10 Years: 21%
5 Years: 25%
3 Years: 28%
Last Year: 33%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
17 24 24 28 32 32 44 44 44 44 44 45 44
Reserves 87 122 126 124 138 165 281 341 426 549 716 1,039 1,033
81 260 403 422 419 490 535 712 594 720 588 358 373
62 53 192 203 127 194 200 341 352 309 458 581 815
Total Liabilities 247 459 745 777 716 881 1,059 1,438 1,415 1,621 1,806 2,023 2,265
106 177 399 399 388 492 629 945 928 1,157 1,135 1,248 1,356
CWIP 33 185 4 1 2 18 6 7 72 25 130 42 3
Investments 0 0 0 0 0 0 0 0 0 0 0 0 1
108 97 342 377 326 370 425 486 415 439 541 734 905
Total Assets 247 459 745 777 716 881 1,059 1,438 1,415 1,621 1,806 2,023 2,265

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
16 57 -0 -36 28 63 67 189 251 157 301 304
-65 -227 -72 -25 1 -110 -125 -300 -83 -234 -113 -86
49 173 125 8 -31 48 58 119 -152 57 -180 -229
Net Cash Flow -0 3 52 -53 -2 1 -1 8 15 -21 8 -11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 20 21 41 44 35 62 47 32 13 16 20 14
Inventory Days 47 46 31 15 32 34 47 48 28 30 63 51
Days Payable 18 10 48 34 23 42 35 55 29 32 68 43
Cash Conversion Cycle 49 57 23 26 44 54 59 25 12 13 15 22
Working Capital Days 32 15 15 30 34 43 39 19 7 13 24 28
ROCE % 22% 8% 5% 4% 12% 12% 15% 14% 17% 15% 22% 35%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
59.73 60.60 60.46 60.47 65.23 65.23 64.99 65.18 65.18 65.18 64.85 64.85
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.37
4.93 5.41 5.12 5.40 4.54 4.50 4.49 4.40 4.40 4.38 4.45 0.00
35.35 33.98 34.42 34.13 30.23 30.27 30.52 30.42 30.42 30.43 30.70 28.76

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

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

Documents

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