Filatex

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.

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

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

• Polyester filament yarn
• Polypropylene yarn
• PET chips production
• Narrow woven fabrics
• Textile recycling

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core 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

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• American & Efird Global, LLCcoreStrategic or Co-development Partner · 25 February 2026Texfil 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.)coreStrategic or Co-development Partner · 11 December 2025Filatex 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.supportingStrategic or Co-development Partner · 21 October 2025Filatex signed MoU with Revti Business Pvt. Ltd. and Wastewear Inc. for waste collection and recycling partnerships supporting the textile-to-textile recycling initiative.
• Oerlikon BarmagsupportingTechnology or IntegrationEquipment 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

Broad 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

• Xx.com/FilatexIndia
• LinkedInlinkedin.com/company/filatex-india-ltd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Filatex