Filatex India Share Price Target 2025: This article is going to mainly focus on Filatex India Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 to 2050. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.
About Filatex India
Filatex India Company was established in 1994 with the manufacturing of monofilament yarn, today it is India’s leading company in the manufacturing of polyester filament yarn. Filatex India manufactures polyester and polypropylene multifilament yarn and polyester chips. Its two main factories are located in Dadra and Nagar Haveli and Dahej which are equipped with state-of-the-art modern German machines.
The company has more than 30 years of experience in this field. This company produces more than 1000 tons on a daily basis for which more than 2500 employees are engaged.
Filatex India Fundamental
Filatex India is a well-known company in the textile sector, whose market cap is 2568 crores, which is a mid-cap company in the textile industry. It is listed on both NSE and BSE, whose codes are FILATEX and 526227 respectively. A large amount of Rs 1159.11 crore is in the form of reserves and surplus.
Filatex India’s ROE and ROCE are 9.19% and 18% respectively, which indicates strong equity returns and potential. Its PE ratio is 20.52, which indicates that the market is capable of giving good returns to the investors. The company’s stock is trading at more than 2 times its book value. The company’s debt to equity ratio is 0.19, which indicates successful debt management.
Description | Value |
---|---|
Company Name | Filatex India Ltd. |
Sector | Textiles |
Established | 1994 |
Website | filatex.com |
Listing At | NSE, BSE |
BSE Code | 526227 |
NSE Code | FILATEX |
Mkt Cap | ₹2.568 KCr |
Reserves and Surplus | 1159.11Cr |
ROE | 9.19% |
ROCE | 18% |
52 Week High | ₹78 |
52 Week Low | ₹44.95 |
P/E Ratio (TTM) | 20.52 |
P/B Ratio | 2.14 |
Face Value | 1 |
Book Value Per Share | 27.13 |
EPS (TTM) | 2.82 |
Dividend Yield | 0.35% |
Debt to Equity | 0.19 |
Total Revenue | 4300.10Cr |
Revenue Growth | -0.507% |
Net Profit (Anual) | 110.66Cr |
Profit Growth | 23.09% |
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Returns in Past Year
Year | Returns (%) |
---|---|
2023 | 6.85% |
2022 | -5.15% |
2021 | 102.67% |
2020 | 22.40% |
2019 | -37.30% |
2018 | -41.99% |
2017 | 226.30% |
2016 | 55.43% |
2015 | 48.80% |
2014 | 134.68% |
2013 | -59.08% |
2012 | 2.02% |
Filatex India Share Price Target 2024
The current sentiment of Filatex India is showing sell. Its stock is going to remain almost constant for 2024. Filatex India price target for 2024 is Rs40 to Rs68.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2024 | ₹40 | ₹68 |
Filatex India Share Price Target 2025
Filatex India is India’s leading textile company. Its target price range in 2025 is going to be Rs 48 to Rs 92.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2025 | ₹48 | ₹92 |
Filatex India Share Price Target 2026
According to market experts, the price target of Filatex India for 2026 is going to be between Rs 70 to Rs 115.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2026 | ₹70 | ₹115 |
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Filatex India Share Price Target 2028
According to market experts, the price target of Filatex India for 2028 is going to be between Rs 98 to Rs 140.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2028 | ₹98 | ₹140 |
Filatex India Share Price Target 2030
According to market experts, the price target of Filatex India for 2030 is going to be between Rs 120 to Rs 178.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2030 | ₹120 | ₹178 |
Filatex India Share Price Target 2040
According to the past trend of the company, the minimum price target of Filatex India in 2040 is expected to be RS 316 and the maximum price target is expected to be RS 346.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2040 | ₹316 | ₹346 |
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Filatex India Share Price Target 2050
According to the past trend of the company, the minimum price target of Filatex India in 2050 is expected to be RS 668 and the maximum price target is expected to be RS 698.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2050 | ₹668 | ₹698 |
Sentiment
The current sentiment of Filatex India is showing strong bearish. It is trading below 8 out of 8 SMAs and also trading below 6 out of 9 Oscillators in bearish zone.
Analyst Rating
Here are the ratings given to Filatex India by 15 analysts.
Action | Rating |
---|---|
Buy | 2% |
Hold | 18% |
Sell | 80% |
Filatex India Share Price History
Filatex India was listed in September 2011 at Rs 4.01. In March 2014, its stock fell to its lowest price of Rs 1.13. Since then, its stock has seen a boom and in early 2018 it reached Rs 24.01 per share. By the end of 2018, it reached a record level of Rs 30.58.
After 2018, this stock started falling and after many ups and downs, it fell to Rs 9.23 in March 2020. From October, there was a sudden boom in the stock of Filatex India and by the beginning of 2022, with a growth of 419%, its stock reached Rs 68.40. In the next 3 months, its stock fell 53% to Rs 32.05. Since then, after many ups and downs, today the stock of Filatex India is trading at 57.30.
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Filatex India Quarterly Report
Description | Jun 24 | Mar 24 | Dec 23 | Sep 23 |
Sales + | ₹1058.66Cr. | ₹1029.73Cr. | ₹1085.81Cr. | ₹1111.10Cr. |
Expenses + | ₹1014.76Cr. | ₹982.51Cr. | ₹1038.08Cr. | ₹1079.58Cr. |
EBITDA | ₹67.42Cr. | ₹68.50Cr. | ₹77.60Cr. | ₹57.12Cr. |
EBIT | ₹49.47Cr. | ₹50.39Cr. | ₹59.21Cr. | ₹38.99Cr. |
Net Profit | ₹32.29Cr. | ₹34.84Cr. | ₹35.10Cr. | ₹23.10Cr. |
Operating Profit Margin | 6.39% | 6.68% | 7.17% | 5.16% |
Net Profit Margin | 3.06% | 3.40% | 3.24% | 2.09% |
Earning Per Share | ₹0.73 | ₹0.79 | ₹0.79 | ₹0.52 |
Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Filatex India Income Report
Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
---|---|---|---|---|---|
Total Revenue | ₹4300.10Cr | ₹4322.01Cr | ₹3853.32Cr | ₹2236.61Cr | ₹2794.49Cr |
Total Expenses | ₹4149.67Cr | ₹4199.93Cr | ₹3396.38Cr | ₹1996.98Cr | ₹2672.50Cr |
Profit/Loss | ₹110.66Cr | ₹89.90Cr | ₹302.73Cr | ₹165.83Cr | ₹121.47Cr |
Strengths
- The company’s revenue has remained almost stable for the last 2 years.
- The company’s revenue has increased continuously for the last 5 years. The company made a profit of 110.66 crores in FY 2024 with 23% growth.
- Filatex India debt to equity ratio is 0.19, the company has maintained a solid balance sheet with manageable debt.
- Low debt to equity ratio reduces the financial risk of the company.
- ROCE of 18% shows the efficiency of the company’s return on capital.
- The company’s ROE is 9.19% which shows its strong equity return.
- The company’s reserve and surplus is 1159.11 crores, which shows the ability to keep the company stable in adverse situations.
Risks
- The company’s revenue was 0.507% lower than last year.
- The company’s profit has fallen by 63.44% compared to 2022.
- The textile sector is a very competitive sector.
- The company’s dividend is low at 0.35%, which makes it less attractive to income-focused investors.
- MACD of Filatex India is below the signal and center line indicating strong bearish momentum.
Filatex India Share Price Target 2024 2025, 2026, 2028, 2030, 2040 to 2050
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2024 | ₹40 | ₹68 |
2025 | ₹48 | ₹92 |
2026 | ₹70 | ₹115 |
2028 | ₹98 | ₹140 |
2030 | ₹120 | ₹178 |
2040 | ₹316 | ₹346 |
2050 | ₹668 | ₹698 |
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Filatex India Shareholding Pattern
Shareholder | Share % |
---|---|
Promoter | 64.76% |
Other Domestic Institutions | 2.35% |
Retail and Others | 27.69% |
Foreign Institutions | 5.20% |
Total | 100.00% |
How to Buy Filatex India Shares?
Buying and selling of Filatex India can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
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Filatex India Share Price Target: Export Opinion
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Conclusion
Filatex India Limited looks strong in terms of profitability, low debt and capital efficiency. However, stagnant revenue growth, fluctuating margins and relatively low dividend returns could be risky. Therefore, investors should continue to monitor revenue trends and margin stability as key indicators of future performance.
Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
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Q1. What is the Filatex India share price target 2025?
Ans: 2025 price target of Filatex India will be between Rs.48 to Rs.92.
Q2. What is the Filatex India share price target 2030?
Ans: Filatex India will trade between Rs 120 and Rs 178 in 2030.
Q3. What is the Filatex India share price target 2024?
Ans: 2024 price target of Filatex India will be between Rs.40 to Rs.68.
Q4. What is the Filatex India share price target 2040?
Ans: 2040 price target of Filatex India will be between Rs.316 to Rs.346.
Q5. What is the Filatex India share price target 2050?
Ans: 2050 price target of Filatex India will be between Rs.668 to Rs.698.