Filatex India Ltd
Filatex India Ltd (FILATEX)

Filatex India Ltd (FILATEX)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-9.75 %
3 Month Return7.21 %
1 Year Return-2.42 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 463
Rank 467
Rank 347
Dividend Yield
Rank 184
Rank 36
Price To Book Ratio
Debt To Asset
Rank 184

Company Information

Incorporated in Aug.90 Filatex India FIL was promoted by Purshottam Bhageria and his brothers is into manufacture of Monofilament yarn and PFY. Reifenhauser Company is the technical collaboration of the company.The company has an installed capacity to produce 1500 tpa of monofilament yarn and 26200 tpa of PFY. Monofilament yarn finds application in brush bristles industrial fabric sewing threads zippers sports racquet Guts artificial turf and magic fasteners. Later in 1995 it commissioned a Wind power project in Tamil Nadu. In Sep.93 the company came out with a public issue. Keeping with the market situation the company expands or diversifies. It has diversified into the manufacture of speciality polyester filament yarn by setting up a unit at Dadra Nagar Haveli. It has also installed a second line to manufacture monofilament yarn at its present plant. In 199495 the company issued 3.5 mln equity shares premium : Rs 35 to financial institutions mutual funds on private placement. In 199596 the company increased the installed capacity of polyester yarn to 700 tpa and manufacture polyester texturised yarn with an installed capacity of 1539 tpa. In 199798 it increased the installed capacity of Draw Texturised Yarn to 8700 MT. The company made a preferential issue of equity shares to its promoters consisting of 1500000 equity shares of Rs.10/each. Subsequently the equity share capital stands increased to Rs.10.80 crores.
OrganisationFilatex India Ltd
HeadquartersDadra & Nagar Haveli