Filatex India Limited

NSEI:FILATEX Stock Report

Market Cap: ₹26.9b

Filatex India Balance Sheet Health

Financial Health criteria checks 6/6

Filatex India has a total shareholder equity of ₹12.4B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ₹22.2B and ₹9.7B respectively. Filatex India's EBIT is ₹1.7B making its interest coverage ratio 19.7. It has cash and short-term investments of ₹820.5M.

Key information

17.7%

Debt to equity ratio

₹2.19b

Debt

Interest coverage ratio19.7x
Cash₹820.50m
Equity₹12.42b
Total liabilities₹9.75b
Total assets₹22.17b

Recent financial health updates

These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Reasonably Well

Jun 27
These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Reasonably Well

We Think Filatex India (NSE:FILATEX) Is Taking Some Risk With Its Debt

Aug 25
We Think Filatex India (NSE:FILATEX) Is Taking Some Risk With Its Debt

Does Filatex India (NSE:FILATEX) Have A Healthy Balance Sheet?

Jul 22
Does Filatex India (NSE:FILATEX) Have A Healthy Balance Sheet?

These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Extensively

Mar 27
These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Extensively

Recent updates

Filatex India Limited's (NSE:FILATEX) Shares Bounce 26% But Its Business Still Trails The Market

Nov 27
Filatex India Limited's (NSE:FILATEX) Shares Bounce 26% But Its Business Still Trails The Market

Returns On Capital At Filatex India (NSE:FILATEX) Paint A Concerning Picture

Nov 13
Returns On Capital At Filatex India (NSE:FILATEX) Paint A Concerning Picture

Most Shareholders Will Probably Agree With Filatex India Limited's (NSE:FILATEX) CEO Compensation

Sep 21
Most Shareholders Will Probably Agree With Filatex India Limited's (NSE:FILATEX) CEO Compensation

Filatex India (NSE:FILATEX) Has Announced That It Will Be Increasing Its Dividend To ₹0.20

Sep 06
Filatex India (NSE:FILATEX) Has Announced That It Will Be Increasing Its Dividend To ₹0.20

These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Reasonably Well

Jun 27
These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Reasonably Well

Returns On Capital At Filatex India (NSE:FILATEX) Paint A Concerning Picture

Apr 26
Returns On Capital At Filatex India (NSE:FILATEX) Paint A Concerning Picture

Filatex India Limited's (NSE:FILATEX) Earnings Haven't Escaped The Attention Of Investors

Jan 20
Filatex India Limited's (NSE:FILATEX) Earnings Haven't Escaped The Attention Of Investors

What Is Filatex India Limited's (NSE:FILATEX) Share Price Doing?

Nov 17
What Is Filatex India Limited's (NSE:FILATEX) Share Price Doing?

Filatex India (NSE:FILATEX) Will Want To Turn Around Its Return Trends

Oct 04
Filatex India (NSE:FILATEX) Will Want To Turn Around Its Return Trends

We Think Filatex India (NSE:FILATEX) Is Taking Some Risk With Its Debt

Aug 25
We Think Filatex India (NSE:FILATEX) Is Taking Some Risk With Its Debt

Filatex India (NSE:FILATEX) Is Reducing Its Dividend To ₹0.20

Sep 07
Filatex India (NSE:FILATEX) Is Reducing Its Dividend To ₹0.20

Does Filatex India (NSE:FILATEX) Have A Healthy Balance Sheet?

Jul 22
Does Filatex India (NSE:FILATEX) Have A Healthy Balance Sheet?

I Ran A Stock Scan For Earnings Growth And Filatex India (NSE:FILATEX) Passed With Ease

Jun 02
I Ran A Stock Scan For Earnings Growth And Filatex India (NSE:FILATEX) Passed With Ease

Under The Bonnet, Filatex India's (NSE:FILATEX) Returns Look Impressive

May 18
Under The Bonnet, Filatex India's (NSE:FILATEX) Returns Look Impressive

These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Extensively

Mar 27
These 4 Measures Indicate That Filatex India (NSE:FILATEX) Is Using Debt Extensively

Filatex India Limited (NSE:FILATEX) Insiders Increased Their Holdings

Mar 12
Filatex India Limited (NSE:FILATEX) Insiders Increased Their Holdings

Did You Miss Filatex India's (NSE:FILATEX) Whopping 833% Share Price Gain?

Feb 25
Did You Miss Filatex India's (NSE:FILATEX) Whopping 833% Share Price Gain?

Should We Be Excited About The Trends Of Returns At Filatex India (NSE:FILATEX)?

Feb 12
Should We Be Excited About The Trends Of Returns At Filatex India (NSE:FILATEX)?

Is Filatex India Limited's (NSE:FILATEX) 12% ROE Better Than Average?

Jan 30
Is Filatex India Limited's (NSE:FILATEX) 12% ROE Better Than Average?

How Much Did Filatex India's (NSE:FILATEX) CEO Pocket Last Year?

Jan 17
How Much Did Filatex India's (NSE:FILATEX) CEO Pocket Last Year?

What Type Of Shareholders Make Up Filatex India Limited's (NSE:FILATEX) Share Registry?

Jan 04
What Type Of Shareholders Make Up Filatex India Limited's (NSE:FILATEX) Share Registry?

Financial Position Analysis

Short Term Liabilities: FILATEX's short term assets (₹8.4B) exceed its short term liabilities (₹6.4B).

Long Term Liabilities: FILATEX's short term assets (₹8.4B) exceed its long term liabilities (₹3.3B).

Debt to Equity History and Analysis

Debt Level: FILATEX's net debt to equity ratio (11.1%) is considered satisfactory.

Reducing Debt: FILATEX's debt to equity ratio has reduced from 124.2% to 17.7% over the past 5 years.

Debt Coverage: FILATEX's debt is well covered by operating cash flow (88.6%).

Interest Coverage: FILATEX's interest payments on its debt are well covered by EBIT (19.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 21:56
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Filatex India Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Naveed MD.FirstCall Research
Bharat ChhodaICICIdirect.com
null nullK.R. Choksey Shares & Securities Private Ltd.