Best Textile Stocks in India – Textile Stocks

Textile stocks in India refer to shares of companies engaged in the textile industry, spanning from fibre manufacturing to fabric production and garment creation. Investors can buy these stocks to gain exposure to India’s extensive and historically rich textile market, which is integral to its economy and export sector.

The table below shows the best textile stocks in India – textile stocks based on the highest market capitalisation and 1-year return.

Introduction to Textile Stocks List

Indo Count Industries Ltd

The Market Cap of Indo Count Industries Ltd is Rs. 8,257.88 crores. The stock’s monthly return is 9.81%. Its one-year return is 71.09%. The stock is 8.08% away from its 52-week high.

Indo Count Industries Limited is an Indian company specializing in home textile bed linens. The company manufactures and exports a variety of products including bed sheets, bed linen and quilts. It offers a diverse range of items such as fashion bedding, utility bedding, institutional bedding and more. 

Indo Count Industries Limited markets its branded products through various channels, both online and offline. Some of its popular in-house brands include Boutique Living, Haven, Revival and Pure Collection. The company’s manufacturing facilities are located in Kolhapur, Maharashtra and Bhilad, Gujarat.

Garware Technical Fibres Ltd

The Market Cap of Garware Technical Fibres Ltd is Rs. 7,588.18 crores. The stock’s monthly return is 3.10%. Its one-year return is 18.37%. The stock is 12.21% away from its 52-week high.

Garware Technical Fibres Limited, an India-based company, operates as a diversified technical textiles company with a presence in multiple sectors and geographical locations. The company offers solutions in areas such as aquaculture, fisheries, agriculture, coated fabrics, shipping and offshore, defence and government, sports, geo-synthetics, industrial applications, material handling, safety and yarn and threads. 

Its business is divided into two segments: Synthetic Cordage and Fibre and Industrial Products and Projects. The company manufactures its products at facilities in Wai and Pune, Maharashtra, India and distributes them to over 75 countries globally. Its subsidiaries include Garware Environmental Services Pvt. Ltd., Garware Technical Fibres Chile SPA and Garware Technical Fibres USA Inc.

Vedant Fashions Ltd

The Market Cap of Vedant Fashions Ltd is Rs. 30,344.11 crores. The stock’s monthly return is 16.75%. Its one-year return is -3.12%. The stock is 19.10% away from its 52-week high.

Vedant Fashions Limited, headquartered in India, is mainly involved in the manufacturing, trading and sale of ready-to-wear traditional clothing for men, women and children in India. They market their products under various brand names including Manyavar, Mohey, Mebaz, Twamev, and Manthan. 

The company specializes in Indian wedding and festive attire for all genders and age groups. Their product range includes ethnic wear like Indo-western outfits, sherwanis, kurtas and jackets for men, as well as accessories like juttis, safas and malas. For women, they offer items such as lehengas, sarees, tailored suits, gowns, and Kurtis.  

KPR Mill Ltd

The Market Cap of KPR Mill Ltd is Rs. 29,594.26 crores. The stock’s monthly return is 1.37%. Its one-year return is 14.78%. The stock is 16.57% away from its 52-week high.

K.P.R. Mill Limited is a company that is involved in the production of apparel through a vertically integrated approach. The company manufactures and sells various products such as yarn, knitted fabric, readymade garments and wind power. 

It operates in segments including Textile, Sugar and Others. The range of products offered by the company includes different types of yarn such as compact, combed, carded, melange, polyester cotton, viscose and Grindel yarn. Additionally, the company specializes in unique yarn varieties like colour melange, slub yarn, injection slub and others. 

Swan Energy Ltd

The Market Cap of Swan Energy Ltd is Rs. 19,540.90 crores. The stock’s monthly return is -6.74%. Its one-year return is 112.04%. The stock is 25.48% away from its 52-week high.

Swan Energy Limited, an Indian company, is involved in various sectors including textiles, real estate, energy and petrochemicals. The company operates in segments such as Textile, Energy, Construction/Others, Distribution & Development, Warehousing, Manufacturing and Power Generation.

Its Business Verticals consist of Oil & Gas, Petrochemical Manufacturing & Trading, Textiles and Realty. The company is currently working on a project to establish a greenfield liquefied natural gas (LNG) port. This project involves building LNG port facilities that will utilize a floating, storage, and regasification unit (FSRU) for LNG reception, storage, regasification and distribution.  

Trident Ltd

The Market Cap of Trident Ltd is Rs. 18,548.57 crores. The stock’s monthly return is 0.92%, while its one-year return is -10.01%. The stock is currently 43.52% away from its 52-week high.

Trident Limited is an Indian company that is involved in the production, trade and sale of textiles (yarn, terry towels and bedsheets) as well as paper and chemicals. The company operates through two divisions: Textiles and Paper and Chemical. 

The Textiles division encompasses the manufacturing of yarn, towels, bedsheets and dyed yarn, along with utility services. The Paper and Chemical division includes products such as paper and sulfuric acid, along with utility services. Trident Limited has manufacturing facilities in Barnala, Punjab and Budni, Madhya Pradesh.  

Welspun Living Ltd

The Market Cap of Welspun Living Ltd is Rs. 17,715.00 crores. The stock’s monthly return is 7.37%. Its one-year return is 50.76%. The stock is 15.65% away from its 52-week high.

Welspun India Limited, based in India, operates in the textile industry, manufacturing various home textile products such as terry towels, bed linens and rugs. The company’s business is divided into segments including Home Textiles, Power and Flooring. 

Under the Home Textiles segment, Welspun produces items like towels, bathrobes, bath rugs, area rugs, carpets and various bedding products. The Power segment is involved in power generation, while the Flooring segment focuses on tiles and Grass tiles.  

Vardhman Textiles Ltd

The Market Cap of Vardhman Textiles Ltd is Rs. 13,978.71 crores. The stock’s monthly return is -5.63%. Its one-year return is 19.51%. The stock is 22.47% away from its 52-week high.

Vardhman Textiles Limited, headquartered in India, is a vertically integrated textile manufacturer engaged in the production, purchase and sale of textiles. The company manufactures cotton yarn, synthetic yarn and woven fabric, and offers a variety of products such as yarns, fabrics, acrylic fibre, garments, collections and special steel. 

Its yarn range includes speciality yarns, acrylic, fancy and hand-knit yarns, dyed yarns and grey yarns, while its fabric collection comprises tops, bottoms, outerwear for men and women, solid, yarn-dyed, print, Dobies and various performance finishes.  

Alok Industries Ltd

The Market Cap of Alok Industries Ltd is Rs. 13,500.49 crores. The stock’s monthly return stands at 11.67%, while its one-year return is 25.30%. Additionally, the stock is currently 43.62% away from its 52-week high.

Alok Industries Limited is a textile company based in India that is involved in textile manufacturing, including mending and packing activities. The company has integrated operations for its cotton and polyester verticals and operates through four divisions: spinning, polyester, home textiles and apparel and fabric. 

With a diverse customer base that includes global retail brands, importers, private labels, domestic retailers, garment and textile manufacturers and traders, the company offers a wide range of products such as accessories, apparel fabric, cotton and blended yarn, home textiles and polyesters.  

LS Industries Ltd

The Market Cap of LS Industries Ltd is Rs. 10,945.52 crores. The stock’s monthly return is 205.07%. Its one-year return is 445.94%. The stock is currently 0.00% away from its 52-week high.

LS Industries Limited, based in India, specializes in the manufacture of textiles and fabrics suitable for a range of applications such as apparel, home textiles and industrial purposes. All of its fabrics, which are known for their contemporary and stylish interpretations, are designed and produced at the company’s weaving mill.

What Are Textile Stocks In India?

Textile stocks in India refer to shares of companies that are engaged in the textile industry, which encompasses the production, processing, and marketing of fabrics and garments. This sector includes various segments such as cotton, silk, synthetic fibres and textiles used for home furnishings and apparel. 

Investing in textile stocks allows investors to participate in a crucial part of India’s economy, which is known for its rich heritage and significant contribution to employment. The textile industry also benefits from technological advancements, trends in fashion and government policies aimed at boosting exports, making it an attractive field for potential growth and returns.

Features Of Best Textile Stocks in India

The key features of the best textile stocks in India include a strong market presence. These companies typically dominate the market segments, boasting wide distribution networks, high brand recognition and substantial market share which ensures stable revenue streams and customer loyalty.

1. Diversified Product Portfolio: Leading textile companies often maintain a diverse range of products from basic textiles to high-end garments. This diversification helps mitigate risks associated with market fluctuations and consumer trends, ensuring steady financial performance across different market conditions.
2. Robust Supply Chain Management: Efficient supply chain management is crucial. The top textile stocks often exhibit a streamlined procurement, production and distribution process. This efficiency reduces operational costs and improves profitability, making these stocks more attractive to investors.
3. Innovation and Technology Adoption: The best performers in the textile sector prioritize innovation. They invest in new technologies for fabric production and design, which not only leads to better product offerings but also enhances manufacturing efficiency and sustainability.
4. Strong Financial Health: Financial stability is a hallmark of the best textile stocks. These companies usually have healthy balance sheets with good liquidity ratios, low debt levels, and consistent earnings growth, making them less vulnerable during economic downturns.
5. Compliance with International Standards: Top textile companies adhere to international quality and safety standards. Compliance not only opens up global markets but also appeals to environmentally and socially conscious investors, enhancing the company’s reputation and marketability.

Textile Stocks In India List Based on 6-Month Return

The table below shows the textile stocks in India listed based on 6-month returns.

Top Textile Stocks In India Based on 5-Year Net Profit Margin

The table below shows the top textile stocks in India based on 5-year net profit margin.

List Of Best Textile Stocks In India Based on 1M Return

The table below shows the list of best textile stocks in India based on 1-month return.

High Dividend Yield Textile Industry Stocks In India

The table below shows the high dividend yield textile industry stocks in India.

Historical Performance of Textile Sector Stocks In India

The table below shows the historical performance of textile sector stocks in India.

Factors To Consider When Investing In Textile Stocks in India

The factors to consider when investing in textile stocks in India begin with economic conditions. The overall health of the economy influences consumer spending on apparel and textiles, affecting the profitability and stability of textile companies.

1. Government Policies and Regulations: Investors should assess how government regulations and policies impact the textile industry. Subsidies, tariffs and labour laws can significantly affect operational costs and profit margins, influencing the attractiveness and risks associated with textile stocks.
2. Raw Material Costs: The price volatility of raw materials like cotton and synthetic fibres is a crucial factor. Investors need to evaluate how well companies manage these costs through strategic sourcing and inventory management to maintain profitability.
3. Technological Advancements: Embracing modern technology in production processes can be a game-changer. Companies that invest in automation and eco-friendly technologies not only reduce costs but also align with global trends towards sustainability, attracting a broader market.
4. Export Market Exposure: Companies with a strong presence in export markets benefit from currency fluctuations and broader market access. Assessing a company’s export strategies and international partnerships can provide insights into its growth potential and risk diversification.
5. Consumer Trends and Preferences: Staying attuned to changes in consumer behaviour is crucial. Companies that quickly adapt to fashion trends and consumer demands for sustainable and ethical products are likely to outperform their competitors in the dynamic textile market.

How To Invest In Top Textile Stocks In India?

To invest in top textile stocks in India, start by researching the market leaders in the textile industry, focusing on their financial health, market trends and innovation. Consider using brokerage platforms like Alice Blue for detailed stock analysis and easy trading. 

Impact of Government Policies on Textiles-Related Stocks In India

Government policies significantly impact textile stocks in India. Regulations and tariffs can either enhance profitability or impose challenges. Subsidies for raw materials and export incentives boost the sector, while stringent labour laws might increase operational costs.

Additionally, initiatives like the Technology Upgradation Fund Scheme (TUFS) facilitate modernization, encouraging investments in new technologies and attracting more stakeholders. Such policies propel companies towards innovation, increasing their competitiveness both domestically and globally.

Overall, favourable government policies tend to uplift the textile market, improving stock performance. Conversely, restrictive measures can hinder growth, affecting investor confidence and market dynamics in the textile industry.

How Textile Stocks In India NSE Performs in Economic Downturns?

Textile stocks in India typically face challenges during economic downturns. Consumer spending on non-essential goods like apparel decreases, leading to reduced sales and profits for textile companies. This impact is often reflected in the lower performance of textile stocks during such periods.

However, companies with diversified portfolios and strong export ties may exhibit resilience by tapping into international markets and relying on essential textile products like medical textiles. These strategies help mitigate the overall negative effects on their stock performance during economic downturns.

Advantages Of Investing In Top Textile Stocks India?

The primary advantage of investing in top textile stocks in India includes strong growth potential. The textile sector is a significant contributor to India’s economy and continues to expand with global demand, offering profitable investment opportunities.

1. Market Diversification: Top textile stocks often have operations spanning multiple market segments, from apparel to industrial textiles. This diversification reduces risk by not relying on a single consumer base or market trend, providing stability and potential for growth in different economic conditions.
2. Export Opportunities: Many leading Indian textile companies have extensive export networks, which can be a major advantage due to currency fluctuations and access to global markets. Investing in these stocks could yield higher returns when the domestic market is slow.
3. Government Support: The textile industry in India benefits from various government incentives like subsidies, tax rebates, and special economic zones, which enhance profitability and reduce operational costs for these companies, making their stocks more attractive.
4. Innovation and Adaptability: Successful textile companies continuously invest in technology and innovative practices. This adaptability attracts a broader customer base by staying relevant to fashion trends and meeting market demands more efficiently.
5. Strong Supply Chains: Companies leading in the textile sector often boast robust and efficient supply chains. This logistical strength is crucial in maintaining production continuity, managing costs effectively, and meeting customer demands swiftly, which in turn supports stock stability and growth.

Risks Of Investing In Top Textile Stocks in India?

The main risk of investing in top textile stocks in India centres around the cyclical nature of the industry. Demand for textiles can fluctuate significantly based on economic conditions, fashion trends and global trade policies. This volatility can affect stock prices and company profitability.

1. Regulatory Changes: The Indian textile industry is subject to stringent regulations that can change unexpectedly. New environmental or labour laws can increase operational costs and affect profitability, requiring companies to adapt quickly or face reduced margins.
2. Global Competition: Indian textile companies face fierce competition from countries with lower labour and production costs. This competition can pressure profit margins, influence market share and necessitate continuous investment in technology and innovation to remain competitive.
3. Raw Material Price Volatility: The cost of raw materials like cotton can be unpredictable due to factors like weather conditions and global market trends. Such volatility can impact the cost of goods sold and affect the financial stability of textile companies.
4. Exchange Rate Fluctuations: As a significant portion of textile goods are exported, fluctuations in exchange rates can have a substantial impact on earnings. A stronger rupee makes exports more expensive and less competitive in the global market.
5. Technological Disruptions: The textile industry is increasingly influenced by technology, from production processes to supply chain management. Companies slow to adopt new technologies may lose out to competitors, impacting their market position and stock value.

Textile Sector Stocks In India’s GDP Contribution

The textile sector holds a pivotal role in India’s economy, contributing significantly to its GDP, employment and export earnings. It is one of the oldest industries in India, deeply integrated into the cultural and economic fabric of the nation. This sector not only supports millions of jobs but also acts as a key player in the global textile market.

India’s textile industry contributes around 2% to the country’s GDP and approximately 12% to its export earnings. The sector’s vast supply chain ranges from raw materials to finished goods, playing a crucial role in the economic development of various regions across the country.

Who Should Invest in Top Textile Stocks In India?

Investing in top textile stocks in India offers significant growth potential as the textile industry is a key contributor to the country’s economy. With a robust demand for apparel and fabrics, textile stocks can be a valuable addition to diversified portfolios.

• Long-term Investors: Individuals looking for steady growth over time, as the textile sector is poised for consistent expansion.
• Risk-tolerant Investors: Those comfortable with market volatility, as textile stocks can fluctuate based on global demand and production costs.
• Sector-focused Investors: People with an interest in sectors tied to fashion, retail, or exports may benefit from the textile industry.

Top Textile Stocks in India – FAQs

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.