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Performance analysis of India's top spinning companies

22 Sep '23
4 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • India's top spinning companies have seen varied financial performance from financial year **** to financial year ****.
  • While Filatex and Trident showcased strong market caps and significant investor returns, all companies faced revenue and profit fluctuations.
  • Debt-to-equity ratios were notably better than the industry average for these firms.

Filatex India

One of the top manufacturers of polyester filament yarn and polypropylene filament yarn, Filatex India, with a market cap of approximately &#****;*,***.** crore, has exhibited a commendable financial trajectory. Starting from a revenue of &#****;*,***.** crore in FY**, there was a slight decline in FY** to &#****;*,***.** crore, followed by a sharp dip in FY** to &#****;*,***.** crore but rebounding strongly in the succeeding years to &#****;*,***.** crore in FY** and &#****;*,***.** crore in FY**.

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