#OnCNBCTV18 | #Exports will be 4-5% of #sales in Q4 vs 5-6% expected earlier. #Q1FY24 exports will be 8-10% of #sales, says Madhu Sudhan Bhageria of Filatex India
Thank you for all your support and your valuable interactions in 2021. We hope for many more fruitful interactions and discussions in 2022.
#HappyNewYear#newbeginnings
#JustIn | Govt sources tell CNBC-TV18, the Cabinet will take up #PLIscheme for the textile sector tomorrow, September 8. Govt likely to announce contours of textile PLI scheme tomorrow post cabinet nod
Filatex guides for a solid FY22
🎯 Volumes of 2.8 lk tn vs 2.22 lkh tns
🎯 Revenue at 3300cr vs 2800cr with stable margins
🎯 Debt repayment of 100cr
#StockMarket#Nifty
@FilatexIndia gets a credit rating upgrade from Brickworks Rating
Summary of the Upgrade:
Facility: Fund Based
Tenure: Long Term
Present Rating: BWR A (Stable) (Upgrade)
Facility: Non Fund Based
Tenure: Short Term
Present Rating: BWR A1 (Upgrade
https://t.co/uIMPwolO6L
Company Update - Filatex India
We expect RoCE to get enhanced by 1000 bps to 24% in FY20-22E. We reiterate our BUY rating on the stock with a revised target price of Rs 85.
Read more: https://t.co/APJYG7LnDg
Visit: https://t.co/cWPadOUuql
#CompanyUpdate#Investment
Madhu Sudhan Bhageria, Filatex India #OnCNBCTV18 says raw material prices continue to rise with rise in crude prices. Price hikes can be passed on due to robust demand. He adds, co will able to reduce debt by Rs 60 cr this year
#OnCNBCTV18 | The @FilatexIndia promoter has raised their stake to 65.23% from 60.47% in Q3. “Don't have any further plan to raise stake”, says CMD Madhu Sudhan Bhageria. Speaking with @latha_venkatesh & @_soniashenoy he adds that industry utilisation levels are at 90% in Q3
The Filatex family is in full support of the @PMOIndia and his decision to extend the lockdown amid this pandemic. We are trying our best to make sure food reaches to those who need in Jolva district. We have been distributing ration to the local villages.
Madhu Sudhan Bhageria, Filatex India: Expect Revenue Growth Of 15% For FY20
Current Capacity Is 3.2 Lk Tn, Aim To Add 65,000 Tn In Current Year
Aim To Add 5-7% To EBITDA/Kg This Year, Co's Captive Power Plant Should Be Operational By FY21
@Heeraal