Filatex India Limited — Investor Meet, 01-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Filatex reported FY25 revenue of INR4,252 Cr, nearly flat YoY with sales volume slightly down to 390,000 tons. EBITDA rose 7.8% to INR258 Cr and PAT grew 21.6% to INR135 Cr, supported by over 95% capacity utilization. A 12-13% capacity expansion at Dahej is planned by August 2026 (~INR235 Cr capex) targeting INR70 Cr incremental EBITDA.

New energy initiatives include a 20 MW renewable power tie-up from Jan 2026 expected to cut costs by ~INR19-20 Cr annually, plus a steam supply project aiming to save ~INR60 Cr yearly. Exports remain minimal; domestic demand improves with government import price measures.

A 26,250-ton textile-to-textile polyester recycling plant (~INR300 Cr capex) with >30% EBITDA margin is set for July 2026, aligning with sustainability goals and patented molecular regeneration tech. Management expects double-digit EBITDA margins by H2 FY26, stable FY26 growth, and stronger volume and margin gains from FY27, supported by margin expansion and capacity additions.