• 7

Top 10 Textile Companies in India by Market Cap

List of Top 10 Textile Companies in India by Market Cap.

List of Top 10 Textile Companies in India by Market Cap. These 10 Indian Textile Companies are also among the Best Stocks of Textile Brands in India.

Top 10 Textile Companies in India by Market Cap

Textile Industry in India

The Indian Textile Industry if Growing Steadily because of following Reasons:

  • Abundant Availability and Supply of Raw Material for Textile Industry.
  • Low and Competitive Manufacturing Cost.
  • Widespread Infrastructure across India.
  • China Plus One” Strategy of Western Countries.
  • US Ban of Imports from Xinjiang Province in China.
  • Shifting of Textile Companies from China to India:
  • Setting up of Textile Parks like MITRA (Mega Integrated Textile Region and Apparel).
  • PLI Scheme by The Indian Government.
  • Large Domestic and International Market.

Domestic consumption of textile and apparel india is valued at over US$ 100 Billion in 2022. The Indian Government and the Indian Textile Industry have set Target of Textile and Apparel Exports to US$ 100 Billion by 2030 as compared of US$ 44 Billion in FY 2021-22.

Check Out:

List of Top 10 Textile Companies in India by Market Cap

S. No Company Market Cap (B INR) P/E Ratio
1. Page Industries 462.60 86.07
2. Trident 217.09 25.84
3. KPR Mill 203.02 24.32
4. Alok Industries 111.72 N/A
5. Welspon India 72.82 12.18
6. Swan Energy 67.92 N/A
7. Raymond 66.78 25.43
8. Garware Technical Fibres 61.34 4.68
9. Lux Industries 56.90 5.34
10. Jindal Worldwide 18.91 5.76

Check Out:

Top 10 Best Textile Stocks in India

This List of Top 10 Best Textile Stocks to Buy in India is Made after thorough Fundamental Analysis, Study of P/E Ratio and How to Pick Best Stocks to Buy in India.

S. No Stock Market Cap (B INR) P/E Ratio
1. DCM Nouvelle 3.38 2.83
2. Precot 3.05 2.76
3. Nahar Spinning 14.59 2.91
4. Nitin Spinners 13.16 4.03
5. RSWM 10.06 4.08
6. Shiva Mills 0.84 4.74
7. Lagnam Spintex 1.43 4.78
8. Maral Overseas 3.15 4.68
9. Vardhman Textile 83.85 5.34
10. Ambika Cotton 10.36 5.76

Fundamentals of Top 10 Textile Companies in India by Market Cap

1. Page Ltd

  • Listed: PAGEIND
  • Founded: 1994
  • Headquarters: Bangaluru, Karnataka, India
  • Market Cap: 462.60 Billion Indian Rupees
  • Business: Innerwear, loungewear and socks
  • Primary Stock Exchange: NSE
  • Official Website

2. Trident Ltd

  • Listed: TRIDENT
  • Founded: 1990
  • Headquarters: Ludhiana, Punjab, India
  • Market Cap: 217.09 Billion Indian Rupees
  • Business: Textile fabric manufacturer
  • Primary Stock Exchange: NSE
  • Official Website

3. KPR Mills Ltd

  • Listed: KPRMILL
  • Founded: 1984
  • Headquarters: Coimbatore, Tamil Nadu, India
  • Market Cap: 203.02 Billion Indian Rupees
  • Business: Yarn Cotton Knitted Fabric and Readymade Garments
  • Primary Stock Exchange: NSE
  • Official Website

4. Alok Industries Ltd

  • Listed: ALOKINDS
  • Founded: 1986
  • Headquarters: Mumbai, Maharashtra, India
  • Market Cap: 111.72 Billion Indian Rupees
  • Business: Weaving, knitting, processing, textiles, ready made garments, polyester yarns
  • Primary Stock Exchange: BSE / NSE
  • Official Website

5. Welspun India Ltd

  • Listed: WELSPUNIND
  • Founded: 1985
  • Headquarters: Mumbai, Maharashtra, India
  • Market Cap: 72.80 Billion Indian Rupees
  • Business: Flooring solutions – rugs, tiles, and carpets
  • Primary Stock Exchange: NSE
  • Official Website

6. Swan Energy Ltd

  • Listed: SWANENERGY
  • Founded: 1909
  • Headquarters: Mumbai, Maharashtra, India
  • Market Cap: 67.92 Billion Indian Rupees
  • Business: Fabric processing
  • Primary Stock Exchange: NSE
  • Official Website

7. Raymond Ltd

  • Listed: RAYMOND
  • Founded: 1925
  • Headquarters: Mumbai, Maharashtra, India
  • Market Cap: 66.78 Billion Indian Rupees
  • Business: Branded fabric and fashion retail
  • Primary Stock Exchange: NSE
  • Official Website

8. Garware Technical Fibres Ltd

  • Listed: GARFIBRES
  • Founded: 1976
  • Headquarters: Pune, Maharashtra, India
  • Market Cap: 61.34 Billion Indian Rupees
  • Business: Ropes, Tarpaulins, Net Manufacturer
  • Primary Stock Exchange: NSE
  • Official Website

9. Lux Industries Ltd

  • Listed: LUXIND
  • Founded: 1957
  • Headquarters: Kolkata, West Bengal, India
  • Market Cap: 56.90 Billion Indian Rupees
  • Business: Underwear
  • Primary Stock Exchange: NSE / BSE
  • Official Website

10. Jindal Worldwide Ltd

  • Listed: JINDWORLD
  • Founded: 1986
  • Headquarters: Ahmadabad, Gujarat, India
  • Market Cap: 18.91 Billion Indian Rupees
  • Business: Home Textiles & Garment Export
  • Primary Stock Exchange: NSE
  • Official Website

FAQs: Textile Stocks and Industry

Yes, it is Good to Invest in Textile Industry. The Textile Industry in Countries like - India, China, Brazil, Pakistan, Bangladesh, Indonesia, Turkey, South Korea, Thailand and Mexico have witnessed a boom in the last few years. Textile Companies from China are Shifting to other more favorable countries.

The textile industry in India is witnessing a boost because of increasing income, domestic demand, foreign investment and Encouraging Government Policies and Support. The Indian Government and the Indian Textile Industry have set Target of Textile and Apparel Exports to US$ 100 Billion by 2030.

Learn: Why Invest in Textile Stocks in India

Arvind Limited is No 1 Textile Company in India. The company manufactures cotton shirting, denim, knits and bottom weight fabrics. It is claimed that Fabric made by Arvind until 2022 can go around the earth over 6 times. Amazing!

Conclusion & Disclaimer

PS: All care has been taken to prepare this List of Top 10 Textile Companies in India by Market Cap and Top 10 Best Textile Stocks to Buy in India but Investors are Advised to do even further Research and Analysis before Investment.

Hope you liked this Article. Please SHARE with Others. Thanks!

Also Read:

Nikesh

Nikesh is a Banker and Experienced Financial and Investment Advisor with over 20 Years of Experience in the Field of Finance and Investment. He possesses vast experience in the field of Stock Market, Mutual Funds and Investment Portfolio Management. Keep visiting for daily dose of Share Trading Tips and Tutorials.

Also Read:

7 Responses

  1. June 9, 2022

    […] Top 10 Textile Companies in India by Market Cap […]

  2. June 9, 2022

    […] Top 10 Textile Companies in India by Market Cap […]

  3. June 9, 2022

    […] Top 10 Textile Companies in India by Market Cap […]

  4. June 10, 2022

    […] Top 10 Textile Companies in India by Market Cap […]

  5. June 13, 2022

    […] Top 10 Textile Companies in India by Market Cap […]

  6. June 18, 2022

    […] Top 10 Textile Companies in India by Market Cap […]

  7. June 20, 2022

    […] Top 10 Textile Companies in India by Market Cap […]

Leave a Reply