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Filatex India

BSE:526227
Snowflake Description

Adequate balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
526227
BSE
₹10B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Filatex India Limited manufactures and trades in synthetic yarns and textiles primarily in India. The last earnings update was 175 days ago. More info.


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  • Filatex India has significant price volatility in the past 3 months.
526227 Share Price and Events
7 Day Returns
3.5%
BSE:526227
0.3%
IN Luxury
1%
IN Market
1 Year Returns
16.1%
BSE:526227
-8.7%
IN Luxury
-8.2%
IN Market
526227 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Filatex India (526227) 3.5% -15.2% -18.2% 16.1% 614.1% 1772.5%
IN Luxury 0.3% -0.2% -2.3% -8.7% 55.9% 186.4%
IN Market 1% -2.2% -1.2% -8.2% 46.7% 78.8%
1 Year Return vs Industry and Market
  • 526227 outperformed the Luxury industry which returned -8.7% over the past year.
  • 526227 outperformed the Market in India which returned -8.2% over the past year.
Price Volatility
526227
Industry
5yr Volatility vs Market

Value

 Is Filatex India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Filatex India. This is due to cash flow or dividend data being unavailable. The share price is ₹46.7.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Filatex India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Filatex India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:526227 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹2.75
BSE:526227 Share Price ** BSE (2019-02-22) in INR ₹46.7
India Luxury Industry PE Ratio Median Figure of 236 Publicly-Listed Luxury Companies 11.69x
India Market PE Ratio Median Figure of 2,709 Publicly-Listed Companies 15.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Filatex India.

BSE:526227 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:526227 Share Price ÷ EPS (both in INR)

= 46.7 ÷ 2.75

17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Filatex India is overvalued based on earnings compared to the IN Luxury industry average.
  • Filatex India is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Filatex India's expected growth come at a high price?
Raw Data
BSE:526227 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 0.99x
India Market PEG Ratio Median Figure of 607 Publicly-Listed Companies 1.15x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Filatex India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Filatex India's assets?
Raw Data
BSE:526227 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹17.72
BSE:526227 Share Price * BSE (2019-02-22) in INR ₹46.7
India Luxury Industry PB Ratio Median Figure of 306 Publicly-Listed Luxury Companies 0.71x
India Market PB Ratio Median Figure of 3,588 Publicly-Listed Companies 1.05x
BSE:526227 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:526227 Share Price ÷ Book Value per Share (both in INR)

= 46.7 ÷ 17.72

2.64x

* Primary Listing of Filatex India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Filatex India is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Filatex India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Filatex India has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Filatex India expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Filatex India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.4%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Filatex India expected to grow at an attractive rate?
  • Unable to compare Filatex India's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Filatex India's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Filatex India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:526227 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:526227 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:526227 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BSE:526227 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 19,280 1,877 597
2017-03-31 15,510 666 405
2016-06-30 13,321 326
2016-03-31 12,782 631 262
2015-12-31 12,003 156
2015-09-30 12,847 107
2015-06-30 14,338 100

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Filatex India is high growth as no earnings estimate data is available.
  • Unable to determine if Filatex India is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:526227 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Filatex India Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:526227 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BSE:526227 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 2.75
2017-03-31 2.04
2016-06-30 2.04
2016-03-31 1.64
2015-12-31 0.98
2015-09-30 0.67
2015-06-30 0.63

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Filatex India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Filatex India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Filatex India's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Filatex India's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Filatex India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Filatex India has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Filatex India performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Filatex India's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Filatex India has delivered over 20% year on year earnings growth in the past 5 years.
  • Filatex India's 1-year earnings growth is less than its 5-year average (47.4% vs 77.4%)
  • Filatex India's earnings growth has exceeded the IN Luxury industry average in the past year (47.4% vs 14.1%).
Earnings and Revenue History
Filatex India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Filatex India Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:526227 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 19,280.38 597.42 515.95
2017-03-31 15,510.08 405.21 577.97
2016-06-30 13,321.26 325.66 510.50
2016-03-31 12,782.26 262.16 480.58
2015-12-31 12,003.42 156.37 676.48
2015-09-30 12,846.52 106.77 668.28
2015-06-30 14,338.20 100.00 362.90
2015-03-31 15,727.62 95.97 436.53
2014-12-31 17,769.17 135.56 555.45
2014-09-30 18,664.47 82.56 540.75
2014-06-30 18,255.30 52.40 320.30
2014-03-31 17,693.97 -80.94 534.38
2013-12-31 17,143.80 -139.54 450.63
2013-09-30 16,343.40 -101.74 440.93
2013-06-30 14,987.70 -52.74 423.63
2013-03-31 12,318.00 23.56 390.07
2012-12-31 9,326.34 27.31 297.33
2012-09-30 6,542.24 65.01 264.23
2012-06-30 4,611.50 59.20 154.40
2012-03-31 4,734.04 137.01 215.28

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Filatex India has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Filatex India used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Filatex India's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Filatex India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Filatex India has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Filatex India's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Filatex India's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Filatex India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Filatex India's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Filatex India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Filatex India Company Filings, last reported 10 months ago.

BSE:526227 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 3,853.67 7,107.87 89.42
2017-03-31 3,250.27 5,338.55 6.45
2016-06-30 2,094.83 4,904.32 125.38
2016-03-31 2,094.83 4,904.32 125.38
2015-12-31 1,773.10 3,535.90 130.60
2015-09-30 1,773.10 3,535.90 130.60
2015-06-30 1,703.30 3,767.60 154.40
2015-03-31 1,703.29 4,194.42 154.37
2014-12-31 1,666.30 3,843.00 308.60
2014-09-30 1,666.30 3,843.00 308.60
2014-06-30 1,544.20 4,139.40 321.70
2014-03-31 1,544.20 4,215.72 321.65
2013-12-31 1,441.10 3,307.00 386.70
2013-09-30 1,441.10 3,307.00 386.70
2013-06-30 1,495.64 4,034.50 703.89
2013-03-31 1,495.64 4,034.50 703.89
2012-12-31 1,492.90 3,119.40 156.30
2012-09-30 1,492.90 3,119.40 156.30
2012-06-30 1,458.10 2,293.90 56.50
2012-03-31 1,458.14 2,603.55 56.47
  • Filatex India's level of debt (184.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (269.8% vs 184.4% today).
  • Debt is well covered by operating cash flow (26.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.4x coverage).
X
Financial health checks
We assess Filatex India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Filatex India has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Filatex India's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Filatex India dividends.
If you bought ₹2,000 of Filatex India shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Filatex India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Filatex India's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:526227 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:526227 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BSE:526227 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2014-02-13 0.000 0.000
2013-11-12 0.000 0.000
2013-07-29 0.000 0.000
2013-05-30 0.000 0.000
2012-09-27 0.200 3.763
2011-06-06 0.200 2.763
2011-05-02 0.200 2.510
2010-08-03 0.200 2.226
2010-05-05 0.200 2.289
2009-10-30 0.200 2.733

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Filatex India has not reported any payouts.
  • Unable to verify if Filatex India's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Filatex India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Filatex India has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Filatex India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Filatex India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Filatex India has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Filatex India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Madhu Bhageria
COMPENSATION ₹9,531,853
AGE 59
TENURE AS CEO 10.6 years
CEO Bio

Mr. Madhu Sudhan Bhageria has been Managing Director of Filatex India Ltd. since July 30, 2008. Mr. Bhageria has been Chairman of Filatex India Ltd. since May 9, 2017 and has been its Executive Director since July 30, 2003. He serves as a Director of Helios Infrastructure & Projects Ltd., Roshanara Club Ltd., and Toni Leathers Ltd. He graduated in Commerce from Shri Ram College of Commerce, Delhi University.

CEO Compensation
  • Madhu's compensation has been consistent with company performance over the past year.
  • Madhu's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Filatex India management team in years:

10.6
Average Tenure
58
Average Age
  • The average tenure for the Filatex India management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Madhu Bhageria

TITLE
Chairman & MD
COMPENSATION
₹10M
AGE
59
TENURE
10.6 yrs

Purrshottam Bhaggeria

TITLE
Joint MD & Executive Director
COMPENSATION
₹9M
AGE
57
TENURE
10.6 yrs

Madhav Bhageria

TITLE
Joint MD & Executive Director
COMPENSATION
₹9M
AGE
55
TENURE
10.6 yrs

Rajendra Gupta

TITLE
Chief Financial Officer

Raman Jha

TITLE
Compliance Officer & Company Secretary

Ashok Chauhan

TITLE
Wholetime Director
COMPENSATION
₹3M
AGE
66

Dinesh Goel

TITLE
Chief General Manager of Accounts & Taxation

J. Singh

TITLE
Chief General Manager Marketing

Ravindra Verma

TITLE
Chief General Manager of HR

Vijay Jain

TITLE
Chief General Manager of Engineering
Board of Directors Tenure

Average tenure and age of the Filatex India board of directors in years:

10.5
Average Tenure
66
Average Age
  • The average tenure for the Filatex India board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Madhu Bhageria

TITLE
Chairman & MD
COMPENSATION
₹10M
AGE
59
TENURE
1.8 yrs

Purrshottam Bhaggeria

TITLE
Joint MD & Executive Director
COMPENSATION
₹9M
AGE
57
TENURE
15.6 yrs

Madhav Bhageria

TITLE
Joint MD & Executive Director
COMPENSATION
₹9M
AGE
55
TENURE
15.6 yrs

Ashok Chauhan

TITLE
Wholetime Director
COMPENSATION
₹3M
AGE
66
TENURE
5 yrs

Swarup Parija

TITLE
Non-Executive Independent Director
COMPENSATION
₹140K
AGE
77
TENURE
15.6 yrs

Suraj Setia

TITLE
Non-Executive Independent Director
COMPENSATION
₹130K
AGE
77
TENURE
15.6 yrs

Bankey Tandon

TITLE
Non-Executive Independent Director
COMPENSATION
₹151K
AGE
77
TENURE
4 yrs

Pallavi Bakhru

TITLE
Independent Director
COMPENSATION
₹151K
TENURE
5.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
12. Dec 18 Buy Fargo Estates Private Limited Company 10. Dec 18 11. Dec 18 200,000 ₹56.29 ₹11,258,124
X
Management checks
We assess Filatex India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Filatex India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is It Time To Buy Filatex India Limited (BOM:526227) Based Off Its PE Ratio?

and want to better understand how you can grow your money by investing in Filatex India Limited (BOM:526227). … Filatex India Limited (BOM:526227) trades with a trailing P/E of 15.1x, which is lower than the industry average of 17.2x. … While 526227 might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions.

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Company Info

Map
Description

Filatex India Limited manufactures and trades in synthetic yarns and textiles primarily in India. The company offers partially oriented yarns, which are used in shirtings and suitings, sarees, ladies’ dress materials, and knitwear; polyester textured yarns that are used to produce fabrics and textiles for high-end apparel, high-end sports shoes, sports bags, home furnishings, and zipper tapes; and fully drawn yarns (FDYs) for use in making fabrics. It also provides polypropylene multifilament crimp yarns, which are used in socks, tights, panty hoses, car and furniture upholstery, soccer/sports socks, ribbons, nets, dyeing hoses, filtration fabrics, laces, swimwear, sportswear, under garments, and seamless products, as well as for weaving and knitting applications, etc. In addition, the company offers narrow woven fabrics; and monofilament yarns for the manufacturers of zippers, fishing nets, sports strings, magic fasteners, industrial filter fabrics/brushes, etc.; and polyethylene terephthalate chips for use in making polyester filament yarns, such as partially oriented yarns, FDYs, and staple fibers, which are used in the textile industry. Filatex India Limited also exports its products to 34 countries. The company was incorporated in 1990 and is based in New Delhi, India.

Details
Name: Filatex India Limited
526227
Exchange: BSE
Founded: 1990
₹10,157,250,000
217,500,000
Website: http://www.filatex.com
Address: Filatex India Limited
Bhageria House,
43 Community Centre,
New Delhi,
Delhi, 110025,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 526227 Equity Shares Mumbai Stock Exchange IN INR 06. Feb 2002
NSEI FILATEX Equity Shares National Stock Exchange of India IN INR 06. Feb 2002
Number of employees
Current staff
Staff numbers
1,955
Filatex India employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/23 12:40
End of day share price update: 2019/02/22 00:00
Last estimates confirmation: 2018/05/07
Last earnings filing: 2018/09/01
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.