Company reports consistent revenues amid focus on value-added growth.
Filatex India, an integrated and ESG-aligned polyester filament yarn manufacturer, has reported a steady financial performance for the quarter ended December 31, 2025 (Q3FY26), supported by stable volumes, improving margins and disciplined execution.
For Q3FY26, standalone revenue from operations stood at Rs 10.49 billion, while revenue for the nine-month period ended December 2025 (9MFY26) was Rs 31.75 billion. EBITDA for the quarter was reported at Rs 930.58 million, translating into an EBITDA margin of 8.91 per cent. For 9MFY26, EBITDA stood at Rs 1.43 billion. Profit after tax (PAT) for Q3FY26 came in at Rs 550.34 million, with a margin of 5.27 per cent.
During the quarter, the company continued to make progress on key strategic projects. Its Rs 3 billion textile-to-textile recycling project with a capacity of 26,750 TPA is progressing as planned, with commissioning targeted for September 2026. Filatex is also advancing its Rs 2.35 billion brownfield polyester filament yarn (PFY) capacity expansion, which will add approximately 55,000 TPA, primarily in FDY and DTY, to enhance product mix and value realisation.
In line with its sustainability roadmap, the company is scaling up renewable energy sourcing through hybrid wind-solar and solar projects. Filatex aims to increase the share of renewable power from around 26 per cent to nearly 55 per cent, with commissioning targeted for November 2026. Automation initiatives, including auto-doffing and packing line automation in partnership with an Italian technology provider, are also underway and expected to be implemented by June 2026 to improve operational efficiency and reduce losses.
On the business development front, Texfil, a wholly owned subsidiary of Filatex India, signed a memorandum of understanding with Indeca Sporting Goods (Decathlon Group) to collaborate on the adoption of recycled polyester in sports apparel.
Industry and regulatory developments during the period included the non-imposition of anti-dumping duties on monoethylene glycol (MEG), supporting raw material price stability, while relaxation of QCO norms led to higher imports, partially impacting margins. At the same time, extended producer responsibility (EPR) and circularity norms continue to drive demand for recycled and traceable polyester products.
Policy initiatives announced in the Union Budget 2026–27, including the National Fibre Scheme, Text-ECON, Mega Textile Parks and SAMARTH 2.0, are expected to strengthen support for man-made fibres and technical textiles. Additionally, the proposed India–EU free trade agreement and potential reduction in US import duties on Indian textile and apparel exports are likely to enhance export competitiveness.
Commenting on the performance, Madhu Sudhan Bhageria, Chairman & Managing Director, Filatex India, said, “I am pleased to share that the Company delivered a strong performance during the quarter, with stable revenue, supported by constant volumes, improving margins, disciplined execution, and our continued shift towards higher-value products. This reflects the strength of our operating model and our ability to perform consistently in a dynamic environment.”