Filatex
Filatex India Limited is a publicly listed Indian manufacturer of polyester filament yarn (POY, FDY, DTY, ATY), PET chips, polypropylene yarn, and specialty yarns, producing 383,000 TPA across two integrated facilities in Dadra and Dahej for textile mills and garment makers in India and 42+ export countries.
- Company typePublic
- Founded1990
- HeadquartersNew Delhi, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Filatex does
Filatex India Limited is a publicly listed (NSE/BSE: FILATEX) polyester filament yarn manufacturer headquartered in New Delhi and operating two integrated production facilities in Dadra and Dahej, Gujarat, with combined capacity of 383,000 tonnes per annum and approximately 1,000+ tonnes of daily output. Founded in 1990 by the Bhageria family, the company manufactures a portfolio of PET chips, POY, FDY, DTY, ATY, polypropylene yarn, narrow woven fabrics, and specialty branded yarns (Filigree, Ocean, Chubby, Cotslon, Soie FIL, Flexi FIL), using Oerlikon Barmag German machines and a continuous polymerization (melt-to-yarn) process at Dahej that integrates upstream polycondensation with downstream spinning.
The company sells primarily to B2B textile mills, garment manufacturers, and exporters in India and across 42+ countries, using direct sales through marketing offices in Delhi, Mumbai, and Surat for major accounts and a domestic dealer network for smaller customers. Pricing is quote-based and varies by denier, luster, and order volume, with no public disclosure of price lists. End-customers downstream include global fast fashion and sportswear brands such as H&M, Zara, Primark, Walmart, and (through the Ecosis recycling subsidiary) Decathlon.
Filatex reported FY2026 (ended March 2026) revenue of Rs 4,160.52 crore with net profit of Rs 183.24 crore, up 36.89% year-on-year despite a 2.15% revenue decline driven by raw material cost pressure. The wholly owned subsidiary Ecosis Limited (formerly Texfil Private Limited) operates an 800 kg/day chemical recycling pilot using a patented glycolysis process, with a 26,750 MTPA commercial plant under development (planned commissioning September 2026) supported by Rs 300 crore in capex and partnerships with Decathlon India and American & Efird Global.
Filatex firmographics
Firmographics- Name
- Filatex
- Legal name
- Filatex India Limited
- Website
- https://filatex.com
- Company type
- Public
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Filatex India Limited is a publicly listed Indian manufacturer of polyester filament yarn (POY, FDY, DTY, ATY), PET chips, polypropylene yarn, and specialty yarns, producing 383,000 TPA across two integrated facilities in Dadra and Dahej for textile mills and garment makers in India and 42+ export countries.
- Ownership category
- akta.pro rank
Filatex industry classification
Industry- Product category
- Polyester Filament Yarn Manufacturing
- NAICS
- Fiber, Yarn, and Thread Mills (313110), Artificial and Synthetic Fibers and Filaments Manufacturing (32522), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)
- SIC
- Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Textile Mill Products (2200), Wholesale-Apparel, Piece Goods & Notions (5130)
- akta.pro primary industry
- Filament Yarn Manufacturing (POY/FDY/DTY) (IMAOAAAE)
- akta.pro secondary industries
- Man-Made Fiber Manufacturing (Polyester/Nylon/Acrylic/Viscose) (IMAOAAAB), Chemical Recycling & Depolymerization (e.g., PET/Polyamide/Cellulosics) (IMAOAMAC), Regenerated & Recycled Fiber Production (rPET/rNylon/Regenerated Cellulose) (IMAOAMAD)
Keywords
Where Filatex is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices5 records
Markets served
Filatex business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Polyester Yarn Manufacturing and Sales: Filatex generates revenue through manufacturing and selling polyester filament yarn (POY, FDY, DTY, ATY), polypropylene yarn, PET chips, and narrow woven fabrics. The company operates two manufacturing facilities producing approximately 1,000+ tonnes per day. For FY2026, annual revenue was approximately Rs 4,160.52 crore with net profit of Rs 183.24 crore (up 36.89% YoY).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | B2B manufacturing pricing based on product specifications and volumes |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Filatex product offering
Product offeringCore offering
Filatex manufactures and sells polyester filament yarn (POY, FDY, DTY, ATY), polypropylene yarn, PET chips, and narrow woven fabrics from two integrated facilities in Dadra and Dahej, India. The company also produces differentiated specialty yarns (Filigree, Ocean, Chubby, Cotslon, Soie FIL, Flexi FIL) and, through its Ecosis subsidiary, operates textile-to-textile chemical recycling technology that regenerates polyester waste to virgin-grade quality.
Product overview
Filatex India Limited is among India's top 5 polyester filament yarn manufacturers, producing a diversified portfolio of synthetic yarns and polyester chips across two manufacturing facilities in Dadra and Dahej. The product portfolio includes core polyester products (PET Chips, POY, FDY, DTY, ATY, PPY) and narrow woven fabrics, supplemented by specialty products (Filigree, Ocean, Chubby Yarn, Cotslon, Soie FIL, Flexi FIL) developed through internal innovation for differentiated applications. The company's subsidiary Ecosis Limited operates the Ecosis™ chemical recycling technology for textile-to-textile recycled polyester production, with an 800 kg/day pilot plant operational and a 26,750 MTPA commercial facility planned for September 2026. Total manufacturing capacity reaches 383,000 TPA across both facilities, with state-of-the-art German machinery and ISO certifications for quality, environment, and occupational health and safety.
Differentiator
Problem solved
Functional benefit
Brands
- Ecosis: Chemical recycling technology brand under wholly owned subsidiary Ecosis Limited (formerly Texfil Private Limited), focused on textile-to-textile recycled polyester
Products and services
- PET Chips (Textile Grade) PET (polyethylene terephthalate) chips produced through polycondensation of PTA and MEG for textile applications, supplied in semi-dull and bright luster grades. Used as raw material by textile and packaging manufacturers.
- Partially Oriented Yarn (POY) Multi-filament polyester yarn that is only partially stretched, serving as the primary feedstock for DTY and used in draw warping for weaving and warp knitting of fabrics. Available in Semi-Dull, Full-Dull, and Bright lustres.
- Fully Drawn Yarn (FDY) Multi-filament polyester yarn that is fully stretched and stabilized through molecular orientation and crystallization, ready for direct use in fabric manufacturing without further processing. Available in Semi-Dull and Bright lustres.
- Drawn Textured Yarn (DTY) Textured yarn manufactured by processing POY through simultaneous twisting and drawing with heat, imparting bulk and stretch properties. Available with different intermingling levels (NIM, SIM, HIM) in Semi-Dull, Full-Dull, and Bright lustres.
- Air Textured Yarn (ATY)
- Polypropylene Yarn (PPY)
- Narrow Woven Fabrics (NWF)
- Filigree Specialty Yarn
- Ocean Specialty Yarn
- Chubby Yarn
- Cotslon Specialty Yarn
- Soie FIL Specialty Yarn
- Flexi FIL Specialty Yarn
- Ecosis Recycled Polyester
Quantifiable outcome
- 36.89% YoY increase in net profit to Rs 183.24 crore for FY2026 despite 2.15% revenue decline
- +2 more outcomes
Companies that use Filatex
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Filatex technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Filatex partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and supporting.
- American & Efird Global, LLCcoreTexfil Private Limited (now Ecosis Limited) signed a Memorandum of Understanding with American & Efird Global, LLC for collaboration in the recycled polyester space. A&E is a global textile company providing sewing threads and yarn products.
- Decathlon (Indeca Sporting Goods Pvt. Ltd.)coreFilatex India's wholly owned subsidiary Ecosis Limited (formerly Texfil) signed an MoU with Decathlon Group's Indian entity to scale textile-to-textile recycled polyester in sportswear. The partnership establishes a reverse supply chain to channel pre- and post-consumer polyester textile waste from Decathlon's sourcing ecosystem back for high-quality chemical recycling using Ecosis's patented glycolysis-based process.
- Revti Business Pvt. Ltd. & Wastewear Inc.supportingFilatex signed MoU with Revti Business Pvt. Ltd. and Wastewear Inc. for waste collection and recycling partnerships supporting the textile-to-textile recycling initiative.
- Oerlikon BarmagsupportingEquipment supplier providing state-of-the-art German machinery for manufacturing operations. Filatex uses Oerlikon Barmag equipment for POY and FDY production, specifically highlighting Barmag machines as world leaders in yarn manufacturing technology.
Scale indicators9 records
Recent moves7 records
Expansion highlights5 records
Filatex competitors and assessment
Company assessmentBroad incumbents
- Indorama Ventures Public Company Limited: Global leader in PET and polyester fibers/filaments with operations across Asia, Europe and the Americas. Broad incumbent in the polyester yarn and fiber market; competes with Filatex in India through its Indo Rama Synthetics subsidiary and across export markets.
- Far Eastern New Century Corporation: Taiwanese polyester and textile conglomerate producing filament yarn, staple fiber, PET chips, and downstream fabrics. Broad incumbent comparable to Filatex in polyester upstream (chips, POY, FDY) though extending further into branded apparel.
- Thai Polyester Company Limited: Major Thai polyester filament yarn producer serving global textile markets. Comparable in core product (POY/FDY/DTY) and export-oriented business model though operating in a different geographic footprint from Filatex.
- Reliance Industries Limited (Polyester & Petrochemicals): India's largest petrochemical and polyester manufacturer with integrated PTA-to-yarn operations. A massive incumbent in the same polyester value chain as Filatex, though its scale and breadth go far beyond filament yarn manufacturing.
- Shenghong Petrochemical Group: One of China's largest integrated polyester producers with PTA-to-yarn capabilities. Competes with Filatex in global polyester yarn markets particularly in textile-grade filament yarns serving fabric and apparel manufacturers.
Direct peers
- Indo Rama Synthetics (India) Limited: Indian subsidiary of Indorama Ventures producing polyester staple fiber and filament yarn including POY, FDY, DTY. Directly competes with Filatex across polyester yarn categories serving Indian textile manufacturers.
- Century Enka Limited: Indian manufacturer of polyester filament yarn (POY, FDY, DTY) and nylon filament yarn. Closely comparable to Filatex in product mix, customer base (textile mills), and Indian market positioning in synthetic filament yarns.
- Sarla Performance Fibers Limited: Indian manufacturer of polyester and nylon textured yarns (DTY) along with specialty industrial yarns. Comparable in product category (textured polyester yarn) and Indian market focus on textiles and industrial applications.
Emerging players
- Aether Industries Limited: Indian specialty chemicals manufacturer producing intermediates used in polyester and textile chemistry. Comparable through its focus on chemical recycling and sustainable chemistry adjacencies relevant to Filatex's Ecosis business.
Others
- American & Efird Global, LLC: Global manufacturer of sewing thread and industrial yarn products and a partner of Filatex's Ecosis subsidiary for recycled polyester. Adjacent ecosystem participant in the polyester value chain rather than a direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Filatex social profiles
Digital presenceFilatex compliance and trust
Trust signalCompliance5 records
Filatex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Filatex leadership team
Management profileNumber of profiles
Profiles13 records
Filatex subsidiaries and ownership
Company hierarchySubsidiaries1 record
Filatex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Filatex M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Filatex
What does Filatex do?
Filatex manufactures and sells polyester filament yarn (POY, FDY, DTY, ATY), polypropylene yarn, PET chips, and narrow woven fabrics from two integrated facilities in Dadra and Dahej, India. The company also produces differentiated specialty yarns (Filigree, Ocean, Chubby, Cotslon, Soie FIL, Flexi FIL) and, through its Ecosis subsidiary, operates textile-to-textile chemical recycling technology that regenerates polyester waste to virgin-grade quality.
Is Filatex a public or private company?
Filatex is a public company. It is classified as public and is currently operating.
When was Filatex founded?
Filatex was founded in 1990. It employs 1,001 to 5,000 people.
Where is Filatex based?
Filatex is headquartered in New Delhi, India, in the Asia region.
How does Filatex make money?
One revenue line is on record: polyester Yarn Manufacturing and Sales.
Who are Filatex's main competitors?
Broad incumbents on record are Indorama Ventures Public Company Limited, Far Eastern New Century Corporation, Thai Polyester Company Limited, Reliance Industries Limited (Polyester & Petrochemicals) and Shenghong Petrochemical Group. Direct peers are Indo Rama Synthetics (India) Limited, Century Enka Limited and Sarla Performance Fibers Limited. Aether Industries Limited is listed as an emerging player. American & Efird Global, LLC is listed as an others.
Does Filatex have an API?
No public API is recorded for Filatex.
What industry is Filatex in?
Filatex's product category is Polyester Filament Yarn Manufacturing. Its primary akta.pro industry code is IMAOAAAE, Filament Yarn Manufacturing (POY/FDY/DTY), with a secondary code of IMAOAAAB, Man-Made Fiber Manufacturing (Polyester/Nylon/Acrylic/Viscose). Its NAICS code is 313110 and its SIC code is 2821.