Filatex india Limited has announced a strategic partnership through its wholly owned subsidiary Texfil Private Limited with American & Efird Global, LLC, marking a significant step into textile recycling innovation. The Memorandum of Understanding was signed on 25th February, 2026, establishing a collaborative framework for advancing sustainable textile manufacturing practices.

Partnership Details

The MoU establishes a working relationship focused on conducting trials of high-quality textile to textile recycled polyester in thread manufacturing applications. Under this agreement, Texfil Private Limited will supply textile to textile chemically recycled yarn to American & Efird for comprehensive testing across several end-use applications.

About American & Efird Global

American & Efird represents a significant partner in the global textile manufacturing landscape. The company holds the distinction of being one of the largest U.S. manufacturers and ranks among the world's largest manufacturers and distributors of premium quality thread products. Their extensive product portfolio encompasses:

• Industrial and consumer sewing thread
• Embroidery thread
• Technical textiles

The company serves diverse industry sectors including apparel, automotive components, home furnishings, medical supply, footwear, and other diversified industries, providing a broad testing ground for the recycled polyester yarn trials.

Strategic Implications

This partnership positions Texfil Private Limited at the forefront of sustainable textile innovation, particularly in the growing market for recycled materials. The collaboration with American & Efird's extensive manufacturing and distribution network provides access to comprehensive testing capabilities across multiple industry applications, potentially validating the commercial viability of chemically recycled yarn in various end-use scenarios.

Filatex India Limited has made available the audio recording of its earnings conference call held on February 9, 2026, for Q3 & 9M FY26 results on the company website, in compliance with SEBI regulations. The company announced its comprehensive Vision 2028 growth transformation strategy alongside the quarterly financial results, outlining a ₹690 crore investment plan across five strategic initiatives.

Earnings Call Recording Availability

Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings conference call is now accessible on the company's website at https://www.filatex.com . The call discussed the company's Q3 & 9M FY26 financial performance and strategic initiatives.

Vision 2028: Five-Pillar Growth Strategy

The company's transformational roadmap encompasses multiple strategic initiatives designed to position Filatex as a leader in sustainable textile manufacturing.

Q3FY26 Financial Performance

Filatex delivered robust financial performance during Q3FY26, maintaining strong operational metrics across key parameters.

ECOSIS: Revolutionary Textile-to-Textile Recycling

Filatex's flagship ECOSIS project represents India's first commercial circular polyester platform, converting end-of-life textiles into virgin-grade polymer and yarn. The ₹300 crore greenfield project will add 26,750 tonnes per annum capacity with commissioning targeted for September 2026. The company has signed an MoU with Decathlon India for recycled material adoption, creating a demand pathway before plant commissioning.

Strategic Market Positioning

The company is strategically positioned to benefit from global trade tailwinds, including the India-EU FTA and US tariff reduction to 18% from 25%. EU textile imports worth USD 263.50 billion present significant opportunities, with India's current share at USD 7.20 billion. Post-FTA implementation, India's EU exports are expected to grow at 20-25% CAGR, supporting USD 100 billion exports by 2030.