Filatex India Limited (FILATEX.NS)
Filatex India Limited operates in the Manufacturing - Textiles industry of the Industrials sector, headquartered in New Delhi, DE, IN. The stock last traded at $81.39, down 1.09% on the session, giving a market capitalisation of $36.14B. Its beta of 0.04 implies it has historically moved less than the broad market.
Filatex India Limited, established in 1990 and headquartered in New Delhi, India, specializes in the production and distribution of polyester filament yarn, with its primary operations centered in the Indian market. The company offers a wide array of products catering to numerous industries. Its partially oriented yarns (POY) are crucial for textiles used in shirting, suiting, sarees, and women's apparel, as well as for warp knitting and weaving. Full drawn yarns (FDY) are supplied for manufacturing clothing, fashion fabrics, athletic wear, household textiles, upholstery, and vehicle seat covers. Additionally, Filatex produces polyethylene terephthalate (PET) chips, a fundamental component for creating various polyester yarns, including POY and FDY. The company's offerings also encompass drawn textured yarns, vital for fabricating diverse textiles such as outer and inner garments, body-hugging apparel, furnishings, seat covers, bags, and upholstery. Air textured yarns are supplied for automotive products, home furnishing textiles, sewing threads, blouses, shoelaces, and tarpaulins. Moreover, polypropylene yarns are provided for applications spanning sock stitching, undergarments, sportswear, woven sacks, geotextiles, sofa sets, safety belts, general sewing thread, and rope. Filatex India further diversifies its portfolio with narrow woven fabrics, which are integrated into the garment industry for items like hats, corsets, lingerie, and military uniforms. A unique selection of specialty products, including Filigree, Ocean, Chubby Yarn, Cotslon, Soie Fil, and Flexi Fil, are also part of their offerings. The company extends its global presence by exporting its manufactured goods to approximately 45 nations.
Filatex India Limited is most often compared with the following Industrials names: