Power Loomed Leadership: Filatex India Reappoints Madhusudan Bhageria to Spin Growth Strategy Forward

Filatex India Ltd has re-appointed Madhu Sudhan Bhageria as Chairman and Managing Director for a further period of five years from July 30, 2025. This is as per the company's commitment towards leadership continuity as it prepares for robust growth in the Indian textiles industry.

 

Key Points

 

Leadership Continuity: Madhu Sudhan Bhageria has been re-elected for another five-year term, evidencing the Board's confidence in his vision and record.

 

Board Reconstitutions: In addition to Bhageria's extension, Purrshottam Bhaggeria (Vice Chairman & Managing Director) and Madhav Bhageria (Managing Director) have also been re-appointed to ensure continuity at the top management level.

 

Strategic Announcements: Board meetings recently saw the company moving a final dividend of ₹0.25 per equity share for FY2024-25, announcing strong Q1FY26 results (revenue of ₹1,-049Cr, EBITDA of ₹77.8Cr, net profit of ₹40.7Cr), and signaling improved demand and margin opportunities in the subsequent quarters.

 

Expansion Projects: News about its ongoing expansion projects in yarn manufacturing and infrastructure growth, with emphasis on potential expansion and business resilience, was announced by the company.

 

Market Message: Bhageria said that with better demand and margins, Filatex is set to be more profitable as imports slow down and domestic demand stabilizes.

 

These actions are a testament to Filatex's leadership building efforts and propelling its business objectives, strengthening its market standing in the extremely competitive manmade fibres sector.

 

Source: MarketScreener, NSE India Corporate Announcements, Economic Times, Moneycontrol