Today we will estimate the Filatex Fashions share price target from 2024 to 2050. Filatex Fashions is listed on the NSE with the symbol “FILATFASH“ and on the BSE with the code “532022“. Let’s analyze the future of Filatex Fashions shares to decide if it’s a good time to buy or sell them today. Additionally, we will look at analyst recommendations for the Filatex Fashions share price target.
Filatex Fashions
Industry | Textile |
Founded | 1993 |
Headquarters | Hyderabad, India |
Services | Socks manufacturing (Cotton, woolen, silk) |
Country | India |
Locations | Hyderabad, India |
Profile | Filatex Fashions |
Filatex Fashions Share Price Today
An effective way to evaluate the Filatex Fashions share price target is by looking at research reports and analyses from reputable financial institutions and brokerage firms. The latest research reports on Filatex Fashions are not available.
Financial of Filatex Fashions
Strengths–
Revenue Growth:
- Filatex Fashions has seen a big increase in total revenue from $173,182.45 in 2020 to $1,764,081 in TTM 2024. This shows strong market performance and successful growth.
Improved Profitability:
- The company has kept a positive gross profit margin, with gross profit rising from $20,034.03 in 2020 to $210,838 in TTM 2024. This means they manage costs well and run their operations efficiently.
Strong Equity:
- Filatex Fashions’ total equity has grown a lot, reaching $23,024,324 in TTM 2024 from $748,960.83 in 2021. This shows strong financial health and investor trust.
Good Financing Activities:
- The company has strong financing cash flow of $21,837,432 in TTM 2024. This means they are good at raising capital for growth and expansion.
High Asset Base:
- With total assets of $24,408,171 in TTM 2024, the company has a solid foundation for operations and future investments.
Weaknesses–
High Cost of Revenue:
- The cost of revenue has gone up a lot, from $153,148.42 in 2020 to $1,553,243 in TTM 2024. This could hurt profit margins if not controlled well.
Negative Operating Cash Flow:
- The company had negative operating cash flow in past years, with -$461,598 in 2021 and -$114,776 in 2023. This suggests possible cash flow problems.
Debt Repayment:
- The company has significant debt repayment ($255,159 in TTM 2024), which could affect cash reserves and financial flexibility.
Decreased Net Income:
- There is a drop in net income from $119,147 in 2023 to $89,544 in TTM 2024. This could be a concern for investors about the company’s profit trends.
Low Cash Reserves:
- The end cash position of $5,844 in TTM 2024 is quite low, which might limit the company’s ability to handle short-term obligations and invest in opportunities.
Filatex Fashions Share History
Analyst Recommendations
Filatex Fashions Buy or Sell
Alternatives of Filatex Fashions
Name | P/E |
---|---|
Welspun Living | 24.52 |
Raymond | 8.91 |
Garware Tech. | 36.04 |
Jindal Worldwide | 91.15 |
Go Fashion (I) | 70.91 |
Jindal Poly Film | 47.57 |
Filatex Fash. | 149.68 |
Filatex Fashions Share Price Target 2024 to 2050
Long-Term Prediction
We will analyze the recent performance of the company’s shares and provide a well-researched Filatex Fashions share price target for 2024, 2025, 2030 to 2050 based on our research and forecasting.
Filatex Fashions Share Price Target 2024
Minimum Target Price (₹) | Maximum Target Price (₹) |
₹6 | ₹12 |
Filatex Fashions Share Price Target 2025
Minimum Target Price (₹) | Maximum Target Price (₹) |
---|---|
₹7 | ₹15 |
Filatex Fashions Share Price Target 2030
Minimum Target Price (₹) | Maximum Target Price (₹) |
₹10 | ₹25 |
Filatex Fashions Share Price Target 2035
Minimum Target Price (₹) | Maximum Target Price (₹) |
₹12 | ₹35 |
Filatex Fashions Share Price Target 2040
Minimum Target Price (₹) | Maximum Target Price (₹) |
₹15 | ₹50 |
Filatex Fashions Share Price Target 2050
Minimum Target Price (₹) | Maximum Target Price (₹) |
₹20 | ₹80 |
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, predicting share prices is not an exact science, which is why I am conducting in-depth research and utilizing various tools to forecast share prices.
Disclaimer– These Share Price Targets for “Filatex Fashions Share Price Target” are only provided for informational purposes. It does not constitute a recommendation to buy, sell, or hold Filatex Fashions stock. Investors should conduct their research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com