Filatex India Ltd (BOM:526227)
₹ 59.93 -0.91 (-1.5%) Market Cap: 26.60 Bil Enterprise Value: 28.33 Bil PE Ratio: 21.37 PB Ratio: 2.23 GF Score: 84/100

Q1 2025 Filatex India Ltd Earnings Call Transcript

Aug 09, 2024 / 07:00AM GMT
Release Date Price: ₹61.32 (-1.41%)

Key Points

Positve
  • Sales volume achieved was 95,962 metric tonnes, showing resilience despite market challenges.
  • Operating EBITDA grew by 35% to INR61 crores from INR44 crores in Q1 FY24.
  • Net profit increased to INR32 crores from INR18 crores in Q1 FY24.
  • Rural demand is showing signs of recovery, which could positively impact future performance.
  • The company is investing in sustainability initiatives, including a patented process for textile-to-textile recycling.
Negative
  • Sales volume decreased from 1,00,211 metric tonnes in Q1 FY24 to 95,962 metric tonnes.
  • Domestic demand remains subdued, impacted by massive imports of fabrics from China.
  • Margins are under pressure despite year-on-year performance improvement.
  • Geopolitical tensions and economic uncertainties are affecting global economic recovery and market confidence.
  • The textile industry faces significant challenges due to environmental regulations and the need for sustainable practices.
Operator

Ladies and gentlemen, good day, and welcome to Filatex India Limited Q1 FY25 earnings conference call. (Operator Instructions) Please note that this conference is being recorded. And I now hand the conference over to Mr. Aditya Vora from Share India Securities. Thank you. And over to you sir.

Aditya Vora
Share India Securities - Analyst

Thank you, Sagar. Good afternoon, everyone. On behalf of sharing their securities, I would like to welcome all the participants for the first quarter FY25 earnings conference call. Of Filatex India Limited. We are pleased to have with us the management team represented by Mr. Madhu Sudhan Bhageria, Chairman and MD; Mr. Madhav Bhageria, Joint MD; and Mr. Ashok Chauhan, Chief Visionary Officer. We will have the opening remarks from Mr. Madhu Sudhan Bhageria to give an overview on the company's performance. This will be followed by the question and answer. Thank you and over to you, sir.

Madhu Bhageria
Filatex India Ltd - Executive Chairman of the Board, Managing Director

Thank you,

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