Filatex India reports strong Q2 FY2026 earnings, advances strategic initiatives

Filatex India Limited announced a robust performance for Q2 FY2026, with revenue growing to INR1,076 crores from INR1,049 crores quarter-on-quarter. Sales volume increased from 97,263 metric tonnes to 101,391 metric tonnes, demonstrating healthy demand and improved capacity utilization. EBITDA saw a substantial rise of 14.36% to INR88.93 crores, up from INR77.76 crores in Q1, while PAT increased by 16.8% to INR47.58 crores from INR40.74 crores.

For the first half of FY2026, revenue stood at INR2,125 crores, with sales quantity reaching 198,654 metric tonnes. EBITDA for H1 sharply rose to INR166.7 crores, and PAT nearly doubled to INR88.32 crores, highlighting the positive impact of process optimization and better energy and working capital management. The company anticipates a margin expansion of around 2% from raw materials with new GAIL and IOC facilities.

Filatex India is progressing on its INR650 crore investment plan, with additional yarn capacity projects (INR235 crores) and recycling projects on track for completion by September 2026. Steam infrastructure is expected by June 2026. The company also projects EBITDA of INR80-INR85 crores from virgin fiber businesses, and its new recycling plant is expected to contribute to significant margin improvement.