54 companies · NSE & BSE · Updated daily
The Indian textile and apparel sector, a significant contributor to exports and domestic consumption, is showcasing resilience and growth potential. Driven by favourable demographics, rising disposable incomes, and a shift towards branded apparel, the industry is witnessing a renewed investor interest, potentially signalling a bull run.
Post-pandemic recovery has been robust, with major players reporting strong volume growth and improved realisations. The shift from unorganised to organised retail, coupled with increasing demand for premium and sustainable fashion, is benefiting listed companies. Export markets remain crucial, though global economic headwinds warrant monitoring. However, domestic consumption, fueled by a young population and increasing per-capita spending on clothing, provides a strong underlying growth driver.
What to Watch
Key indicators to watch include raw material price fluctuations (cotton, polyester), global demand trends impacting exports, domestic consumption patterns, and inventory levels. Companies with strong brand equity, efficient supply chains, and a focus on value-added products are likely to outperform.
What specific metrics should investors focus on for Indian apparel stocks?
Focus on revenue growth (YoY, QoQ), EBITDA margins, inventory turnover ratios, return ratios (ROE, ROCE), and debt-to-equity. For export-oriented firms, track currency fluctuations and global demand.
How is the shift to organised retail impacting the sector?
The organised sector is gaining market share from unorganised players due to better product quality, wider distribution, and stronger brand recall. This consolidation benefits listed entities with established retail networks.
What are the risks associated with investing in garment stocks?
Risks include volatility in raw material prices, intense competition, changing fashion trends, dependence on export markets, and potential regulatory changes affecting trade policies.
Which sub-segments within apparel are showing the most promise?
Premiumisation, athleisure, and sustainable apparel segments are showing strong traction. Innerwear and ethnic wear also continue to be resilient due to consistent domestic demand.
| # | Company | Symbol | Price | Change | Market Cap |
|---|---|---|---|---|---|
| 1 | Page Industries Limited | PAGEIND | ₹35020.00 | +2.17% | ₹39.1K Cr |
| 2 | Arvind Limited | ARVIND | ₹541.60 | -1.18% | ₹14.2K Cr |
| 3 | Gokaldas Exports Limited | GOKEX | ₹727.55 | +0.30% | ₹5.3K Cr |
| 4 | Pearl Global Industries Limited | PGIL | ₹1143.10 | -3.12% | ₹5.3K Cr |
| 5 | Lux Industries Limited | LUXIND | ₹1042.50 | +0.98% | ₹3.3K Cr |
| 6 | Kewal Kiran Clothing Limited | KKCL | ₹489.65 | +0.84% | ₹3.0K Cr |
| 7 | S. P. Apparels Limited | SPAL | ₹1003.10 | +2.89% | ₹2.5K Cr |
| 8 | Kitex Garments Limited | KITEX | ₹120.58 | +1.69% | ₹2.4K Cr |
| 9 | SBC Exports Limited | SBC | ₹48.25 | +1.30% | ₹2.3K Cr |
| 10 | Cantabil Retail India Limited | CANTABIL | ₹243.00 | +1.69% | ₹2.0K Cr |
| 11 | Dollar Industries Limited | DOLLAR | ₹267.00 | +0.07% | ₹1.5K Cr |
| 12 | Iris Clothings Limited | IRISDOREME | ₹62.55 | +7.51% | ₹1.2K Cr |
| 13 | Monte Carlo Fashions Limited | MONTECARLO | ₹554.70 | +0.86% | ₹1.1K Cr |
| 14 | Rupa & Company Limited | RUPA | ₹134.97 | +2.19% | ₹1.1K Cr |
| 15 | KARNIKA INDUSTRIES | KARNIKA | ₹120.45 | +1.47% | ₹0.8K Cr |
| 16 | Virat Industries | 530521 | ₹383.30 | -5.60% | ₹0.6K Cr |
| 17 | Vishal Fabrics Limited | VISHAL | ₹18.12 | -1.63% | ₹0.5K Cr |
| 18 | Purple United | PURPLEUTED | ₹441.95 | +4.33% | ₹0.4K Cr |
| 19 | Thomas Scott (India) Limited | THOMASCOTT | ₹234.90 | +0.47% | ₹0.3K Cr |
| 20 | Bella Casa Fashion & Retail Limited | BELLACASA | ₹255.25 | +1.90% | ₹0.3K Cr |
| 21 | Saraswati Saree Depot Limited | SSDL | ₹62.08 | +3.99% | ₹0.2K Cr |
| 22 | Cooper Standard Holdings Inc | CPS | ₹1152.00 | +0.00% | ₹0.2K Cr |
| 23 | Forcas Studio | FORCAS | ₹209.30 | +3.38% | ₹0.2K Cr |
| 24 | Zodiac Clothing Company Limited | ZODIACLOTH | ₹69.10 | -0.23% | ₹0.2K Cr |
| 25 | VIP Clothing Limited | VIPCLOTHNG | ₹20.60 | +0.49% | ₹0.2K Cr |
| 26 | S D RETAIL LIMITED | SDREAMS | ₹77.55 | -2.82% | ₹0.2K Cr |
| 27 | N R VANDANA TEX IND LTD | NRVANDANA | ₹71.55 | +1.85% | ₹0.2K Cr |
| 28 | Active Clothing Co Ltd | ACTIVE | ₹102.25 | -0.73% | ₹0.2K Cr |
| 29 | Filatex Fashions Limited | FILATFASH | ₹0.18 | +0.00% | ₹0.2K Cr |
| 30 | Lorenzini Apparels Limited | LAL | ₹8.54 | -2.62% | ₹0.1K Cr |