Filatex India Limited Reports Steady Performance for Q3 FY26

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Madhu Sudhan Bhageria, Chairman and Managing Director

Filatex India Limited announced its financial results for the quarter and nine months ended December 31, 2025, reporting stable operational performance supported by steady volumes, disciplined execution, and a continued focus on value-added products. For the quarter ended December 31, 2025, the Company recorded revenue from operations of ₹1,049.70 crore. Revenue for the nine-month period stood at ₹3,175.03 crore. EBITDA for the quarter was ₹93.58 crore, with a margin of 8.91%, while EBITDA for the nine months amounted to ₹143.65 crore. Profit after tax for the quarter stood at ₹55.34 crore, representing a margin of 5.27%. Net profit for the nine-month period was ₹143.65 crore.

Progress on key growth initiatives remained on track during the quarter. The Company’s ₹300 crore textile-to-textile recycling project with a planned capacity of 26,750 tonnes per annum is advancing as scheduled and is expected to be commissioned by September 2026. The brownfield polyester filament yarn expansion project involving an investment of ₹235 crore, which will add approximately 55,000 tonnes per annum largely in FDY and DTY segments, is also progressing as planned and is expected to support improvement in the product mix.

The Company continued its transition toward renewable energy by implementing hybrid wind-solar and solar power projects, with the objective of increasing the share of renewable energy in total power consumption from around 26 percent to approximately 55 percent. These projects are targeted for commissioning by November 2026. In addition, an automation initiative for auto-doffing and packing lines, being implemented in partnership with an Italian technology provider, is scheduled for completion by June 2026 and is expected to enhance operational efficiency and reduce losses.

During the quarter, Texfil Private Limited, a wholly owned subsidiary of Filatex India Limited, signed a memorandum of understanding with Indeca Sporting Goods Private Limited of the Decathlon Group to collaborate on the adoption of recycled polyester in sports apparel. The operating environment during the quarter benefited from the non-imposition of anti-dumping duties on monoethylene glycol, which supported raw material price stability. However, the relaxation of quality control norms led to higher imports, which had a partial impact on margins. At the same time, evolving extended producer responsibility requirements and circular economy regulations continued to drive demand for recycled and traceable polyester products.

Policy developments during the period remained supportive for the sector. The Union Budget 2026–27 reinforced support for man-made fibres and technical textiles through initiatives such as the National Fibre Scheme, Mega Textile Parks, Text-ECON and SAMARTH 2.0. The proposed India–European Union free trade agreement is expected to improve export competitiveness through tariff reductions, while a likely reduction in US import duties on Indian textile and apparel exports is expected to support export volumes.

Commenting on the performance, Madhu Sudhan Bhageria, Chairman and Managing Director, said that the Company delivered a consistent performance during the quarter, supported by stable revenues, improving margins and a continued shift toward higher-value products. He added that favourable policy measures, improving global market access and growing sustainability-led sourcing trends in Europe position the Company well to deliver long-term, sustainable growth.

Filatex India Limited is a prominent Indian public company incorporated in 1990 that has grown to become one of the country’s leading manufacturers of polyester filament yarn and related synthetic textile products. It operates advanced manufacturing facilities in Dadra & Nagar Haveli and Dahej, where it produces a diverse range of products including polyester and polypropylene multifilament yarn, polyester chips, fully drawn yarn (FDY), drawn textured yarn (DTY), partially oriented yarn (POY), monofilament yarns, and narrow fabrics used across garments, industrial and technical applications.

The company’s focus on quality, modern technology and innovation has enabled it to meet both domestic and international demand, exporting to numerous countries while playing a key role in India’s developing textile industry. Filatex India’s product portfolio, integrated operations and sustained expansion reflect its strategic position in the synthetic fiber sector.