Filatex India Limited

This company manufactures and trades synthetic yarn and textiles, including polyester and polypropylene yarns.

1990 | Valsad, Gujarat (India) | Active
Last Updated: October 04, 2024

Filatex India Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 44.39 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,562.32 Cr
  • Satisfied Charges ₹ 2,256.82 Cr
  • Revenue Growth 12.16%
  • Profit Growth -70.30%
  • Ebitda -56.32%
  • Net Worth 1.25%
  • Total Assets 4.44%

About Filatex India

Filatex India Limited (FIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 August 1990 and has a history of 34 years and five months. Its registered office is in Valsad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526227 and on the National Stock Exchange(NSE) under FILATEX.

The Corporate was formerly known as Filatex India Ltd. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 44.39 Cr.

The company currently has active open charges totaling ₹1,562.32 Cr. The company has closed loans amounting to ₹2,256.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Filatex India Limited India are Raman Jha as COMPANY SECRETARY and Nitin Agarwal as Cfo. Purrshottam Bhaggeria, Madhu Bhageria, Madhav Bhageria, and Three other members serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17119DN1990PLC000091

  • Company No.

    000091

  • Stock Symbol

    BSE : 526227 NSE : FILATEX

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1990

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Filatex India Limited offer?

Filatex India Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Industrial Fabric, Yarns & Threads, Yarn, Polyester Yarn, Polyester Textured Yarn, Filament Yarn.

Who are the key members and board of directors at Filatex India?

Executive Team (3)

NameDesignationAppointment DateStatus
Madhu Bhageria Country flag representing In Managing Director30-Jul-2003Current
Raman Jha Country flag representing In Company Secretary01-Sep-2010Current
Nitin Agarwal CFO03-Sep-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Purrshottam Bhaggeria Country flag representing In Whole-Time Director 30-Jul-2003Current
Madhav Bhageria Country flag representing In Whole-Time Director 30-Jul-2003Current
Rajender Malla Country flag representing In Director 27-Jul-2022Current
Manish Vij Country flag representing In Director 27-Sep-2024Current
Meenakshi Mallik Country flag representing In Director 03-Sep-2024Current

Financial Performance of Filatex India.

Filatex India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.16% increase. The company also saw a substantial fall in profitability, with a 70.3% decrease in profit. The company's net worth moved up by a moderate rise of 1.25%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.16%
Revenue from Operations
12.43%
Total Assets
4.44%
Profit or Loss
-70.30%
Net Worth
1.25%
EBITDA
-56.32%

What is the Ownership and Shareholding Structure of Filatex India?

In 2022, Filatex India had a promoter holding of 27.96% and a public holding of 72.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,562.32 Cr

Satisfied Charges

₹2,256.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 1562.32 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2023Others₹1,130.40 CrOpen
18 Oct 2021Others₹49.68 CrOpen
28 May 2020Others₹115.50 CrOpen
02 Nov 2018Others₹74.16 CrOpen
26 Apr 2018Others₹192.58 CrOpen

How Many Employees Work at Filatex India?

Filatex India has a workforce of 2646 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Filatex India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Filatex India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Filatex India

Recent activity within the organization

  • Director Appointment

    Manish Vij was appointed as a Director was appointed as a Director on 27 Sep 2024 & has been associated with this company since 4 months 5 days .

    27 Sep 2024

  • Director Appointment

    Meenakshi Mallik was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 4 months 29 days .

    03 Sep 2024

  • Director Appointment

    Nitin Agarwal was appointed as a Cfo was appointed as a Cfo on 03 Sep 2024 & has been associated with this company since 4 months 29 days .

    03 Sep 2024

  • Charges

    A charge registered on 11 Feb 2016 via Charge ID 10619899 with Axis Trustee Services Limited was fully satisfied on 26 Apr 2024.

    26 Apr 2024

  • Charges

    A charge registered on 28 Jun 2023 via Charge ID 100734895 with Yes Bank Limited was fully satisfied on 09 Jan 2024.

    09 Jan 2024

  • Charges

    A charge with Others of Rs. 1,130.40 Cr registered on 08 Nov 2023 with Charge ID 100813118 was modified on 15 Dec 2023.

    15 Dec 2023

Frequently asked questions

  • Filatex India Limited was incorporated on 08 Aug 1990.

  • The authorized share capital of Filatex India Limited is ₹ 60.00 Cr and paid-up capital is ₹ 44.39 Cr.

  • Currently 8 directors are associated with Filatex India Limited.

    • Purrshottam Bhaggeria
    • Madhu Sudhan Bhageria
    • Madhav Bhageria
    • Rajender Mohan Malla
    • Manish Vij
    • Meenakshi Mallik
    • Raman Kumar Jha
    • Nitin Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Filatex India Limited is S. No. 274 Demni Road, Dadra, Dadra & Nagar Haveli, India, 396191.

  • The corporate identification number (CIN) of Filatex India Limited is L17119DN1990PLC000091 and the company number is 000091 as per Ministry of Corporate Affairs (MCA).

  • Yes, Filatex India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): FILATEX.

  • The Official website of Filatex India Limited is https://www.filatex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Filatex India Limited has risen by 12.16%.

  • As Per 2023 financial reports, 2646 employees are currently employed by Filatex India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Filatex India Limited has experienced an upsurge of 1.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Filatex India Limited amount to ₹ 1,562.32 Cr.

  • The most recent Balance Sheet for Filatex India Limited was filed with the ROC on 31 Mar 2023.

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