Top 10 Textile Companies in India by Net Profit

List of Top 10 Textile Companies in India by Net Profit.

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

Growth in Textile Sector 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.
• Setting up of Textile Parks like MITRA (Mega Integrated Textile Region and Apparel).
• PLI Scheme by The Indian Government.
• Large Domestic and International Market.
• “China Plus One” Strategy of Western Countries.
• US Ban of Imports from Xinjiang Province in China.
• Shifting of Textile Companies from China to India:

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.

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List of Top 10 Textile Companies in India by Net Profit

S. No	Company	Market Cap (B INR)	Net Profit (Cr. Rs)
1.	Trident	217.09	814.95
2.	KPR Mill	203.02	730.80
3.	Raj Rayon	21.68 M	640.77
4.	Page Industries	462.60	536.53
5.	Nahar Spinning	13.42	502.19
6.	Sportking India	13.34	409.25
7.	Welspon India	72.82	392.13
8.	Lux Industries	56.90	341.39
9.	Indo Count	27.91	338.09
10.	Nitin Spinners	12.27	326.14

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• Why Invest in Textile Stocks in India?
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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

Check:

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Fundamentals of Top 10 Textile Companies in India by Net Profit

1. Trident Ltd

• Listed: TRIDENT
• Founded: 1990
• Headquarters: Ludhiana, Punjab, India
• Market Cap: 217.09 Billion Indian Rupees
• Business: Textile fabric manufacturer
• P/E Ratio: 25.84
• Primary Stock Exchange: NSE
• Official Website

2. 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
• P/E Ratio: 24.32
• Primary Stock Exchange: NSE
• Official Website

3. Raj Rayon Industries Ltd

• Listed: RAJRILTD
• Founded: 1993
• Headquarters: Mumbai, Maharashtra, India
• Market Cap: 21.68 Million Indian Rupees
• Business: Manufacturing of Polyester Texturised Yarn (PTY), Partially Oriented Yarn (POY), & Fully Drawn Yarn (FDY)
• P/E Ratio: 0.01
• Primary Stock Exchange: NSE
• Official Website

4. Page Ltd

• Listed: PAGEIND
• Founded: 1994
• Headquarters: Bangaluru, Karnataka, India
• Market Cap: 462.60 Billion Indian Rupees
• Business: Innerwear, loungewear and socks
• P/E Ratio: 86.07
• Primary Stock Exchange: NSE
• Official Website

5. Nahar Spinning Mills Ltd

• Listed: NAHARSPING
• Founded: 1980
• Headquarters: Ludhiana, Punjab, India
• Market Cap: 13.42 Billion Indian Rupees
• Business: Woollen wear, Cotton Wear, Yarn of all types, Woven Fabric
• P/E Ratio: 2.68
• Primary Stock Exchange: BSE / NSE
• Official Website

6. Sportking India Ltd

• Listed: 539221
• Founded: 1977
• Headquarters: Ludhiana, Punjab, India
• Market Cap: 13.34 Billion Indian Rupees
• Business: Yarns, Fabrics, Garments and Retail Business
• P/E Ratio: 5.08
• Primary Stock Exchange: BSE
• Official Website

7. 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
• P/E Ratio: 12.18
• Primary Stock Exchange: NSE
• Official Website

8. Lux Industries Ltd

• Listed: LUXIND
• Founded: 1957
• Headquarters: Kolkata, West Bengal, India
• Market Cap: 56.90 Billion Indian Rupees
• Business: Underwear
• P/E Ratio: 5.34
• Primary Stock Exchange: NSE / BSE
• Official Website

9. Indo Count Industries Ltd

• Listed: ICIL
• Founded: 1988
• Headquarters: Mumbai, Maharashtra, India
• Market Cap: 66.78 Billion Indian Rupees
• Business: Bed Sheets
• P/E Ratio: 7.81
• Primary Stock Exchange: NSE
• Official Website

10. Nitin Spinners Ltd

• Listed: NITINSPIN
• Founded: 1992
• Headquarters: Bhilwara, Rajasthan, India
• Market Cap: 12.27 Billion Indian Rupees
• Business: Manufacturers of Cotton and Blended yarns, Grey knitted Fabrics and Finished and Printed Woven Fabrics
• P/E Ratio: 3.76
• Primary Stock Exchange: NSE
• Official Website

FAQs: Textile Stocks and Industry

Conclusion & Disclaimer

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

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