Filatex India expects its margin to increase by more than 2 percent after a new power plant is commissioned, said Madhu Sudhan Bhageria, VC and MD of Filatex India. “Incremental in the full year of utilization we should get around Rs 600 crore as topline (for FY21) and we should get a margin of at least 10 percent EBITDA,” he said
Bhageria said that our current capacity of 328,000 tonnes is divided into 2; around 270,000 tonne is yarn and 60,000 tonnes is chips.
“In yarn, we are running more than 90 percent capacity. In the chips, we are running around 70 percent and the new addition will take us to 390,000 and that will be primarily into yarn. So our yarn which is 270,000 would become 330,000 tonnes,” he added. Read More
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