Top Textile Stocks in India in 2025

The top textile stocks in India play a key role in the country’s economy. It’s not just about making clothes, but it also supports millions of jobs, drives exports, and touches everything from farming to fashion. From spinning yarn to stitching garments, the sector covers a wide range of activities that have evolved, blending traditional skills with large-scale industrial operations.

Textile stocks may not always grab headlines. But look closer, and you’ll find companies with strong manufacturing capabilities and, in some cases, powerful consumer brands. Some of these companies thrive by keeping costs low through integration. Others stand out by owning a niche or building deep customer trust.

In this article, we take a closer look at some of the top textile stocks in India in 2025, each playing a unique role in shaping the industry’s future.

India’s Textile Industry Overview

India’s textile industry is one of the oldest in the country as its roots stretch back centuries, long before industrialisation took hold. Yet even today, it remains one of the most vital pillars of the Indian economy, both in terms of scale and impact.

The sector is poised for strong growth. The Indian textiles and apparel market is projected to expand at a compound annual growth rate of 10%, reaching a size of $350 billion by 2030. India is already the third-largest exporter of textiles and apparel globally, and ranks among the top five in multiple product categories. Export earnings from the sector are expected to touch $100 billion in the coming years.

Domestically, the industry contributes significantly to economic output, accounting for around 2.3% of GDP, 13% of industrial production, and nearly 12% of total exports. That share is expected to grow, with projections suggesting the sector’s GDP contribution could double to about 5% by the end of the decade. This anticipated export boom could create opportunities in the best textile stocks, especially those with a blend of scale, innovation, and brand strength.

India is also the world’s largest producer of cotton, a resource that forms the backbone of its spinning and weaving ecosystem. The scale of employment is equally vast, with over 4.5 crore people working in textiles, including more than 35 lakh handloom weavers, making it one of the largest sources of livelihood after agriculture.

Top Textile Stocks in India (Ranked by Market Capitalisation)

1. Page Industries

Page Industries is the exclusive licensee of the Jockey brand in India, Sri Lanka, Nepal, and a few other regions. The company has built a strong position in the innerwear and athleisure market by offering quality products and maintaining a consistent brand image. Page Industries is also the exclusive licensee for the Speedo brand in India. It handles the manufacturing, marketing, and distribution of Speedo products across the country. 

The company runs a large-scale manufacturing setup with 15 production facilities spread across Bengaluru, Hassan, Mysuru, Gauribidanur, Tiptur, and Tiruppur. Its products reach customers through a wide distribution network that includes over 50,000 retail outlets in 1,800 cities and towns. In addition, Page operates around 1,289 exclusive brand outlets through a franchise-led model, helping it maintain strong visibility and reach and making it one of the top textile stocks to watch in 2025.

The company reported a net profit of ₹164 crore for Q4 FY25, marking a 52% increase over the same period last year. Revenue for the quarter rose 10.6% year-on-year to ₹1,098 crore, with sales volume up 8.5% to 49.2 million pieces. However, compared to the previous quarter, revenue dipped 2.9% from ₹1,131 crore, while net profit declined 7.2% from ₹177 crore. For FY25, revenue grew 8% to ₹4,934 crore, and profit after tax rose 28% to ₹729 crore.

2. KPR Mill

KPR Mill is a fully integrated textile company. It is involved in spinning yarn, producing garments, and also runs businesses in sugar and renewable energy. This mix of industries helps the company manage risk and balance out performance across cycles.

The company has the capacity to manufacture 177 million garments and 40,000 metric tonnes of fabric annually. It is also one of the largest yarn manufacturers in India, with a total installed capacity of 3.7 lakh spindles, producing around 1,00,000 metric tonnes of cotton yarn each year, across counts ranging from 10s to 40s.

To reduce its energy dependence and support sustainability goals, KPR has installed windmills with a total capacity of 61.92 MW across Tamil Nadu, including in Tirunelveli, Theni, Tenkasi, and Coimbatore. These windmills supply about 40% of the company’s total power needs.

In the March 2025 quarter, KPR Mill reported a net profit of ₹204.55 crore, down 4.2% from ₹213.61 crore in the same quarter last year. Despite the dip in profit, revenue from operations rose 4.6% year-on-year to ₹1,700.95 crore. PBT for the quarter came in at ₹280.73 crore, showing a modest 1% growth year-on-year and a 9.7% rise compared to the previous quarter. However, total expenses increased by 4.8% to ₹1,499.42 crore, which weighed on the bottom line.

3. Vedant Fashions

Vedant Fashions is best known for Manyavar, a leading brand in the men’s ethnic wear space. It has since expanded into the women’s segment with Mohey and also owns two more brands, Mebaz and Twamev, broadening its reach across categories and price points. As of December 2024, Vedant had a total exclusive brand outlet (EBO) footprint of 1.75 million square feet, covering 666 stores in 255 cities and towns globally. Of this, 650 stores are in India, spread across 243 cities and towns.

Vedant has also begun expanding globally. It opened its first international EBO in Dubai, and has since added stores in Nepal, the USA, Canada, the UAE, and the UK, targeting the Indian diaspora and global interest in Indian ethnic fashion. While its seasonal reliance on weddings and festivals remains a risk, its brand strength and store network provide a solid foundation for future growth.

In the March 2025 quarter, Vedant Fashions reported a net profit of ₹101.10 crore, down 12.7% from ₹115.79 crore in the same period last year. Despite the dip in profits, revenue from operations rose slightly by 1.2% to ₹367.44 crore. Profit before tax declined by 8.9% year-on-year to ₹134.70 crore, while total expenses increased by 6.5%, reaching ₹254.79 crore during the quarter. Higher operating costs put pressure on margins, even as top-line growth remained stable. 

With its strong brand equity and expanding store network, Vedant Fashions is one of the top textile stocks in India for those focused on branded apparel growth.

4. Lakshmi Machine Works (LMW)

LMW is one of the few companies in the world that designs, manufactures, installs, and services the entire range of spinning machinery, offering complete, end-to-end solutions for the textile industry. Founded in 1962, the company was set up to modernise India’s textile mills with advanced spinning technology. Globally, over 50 million spindles have been installed using LMW’s machinery, which is a testament to its scale, reliability, and long-term customer relationships.

Today, LMW holds a dominant share in the domestic textile machinery market, and also exports to countries across Asia and Oceania. Amongst the best textile stocks, it plays a critical role in enabling Indian textile manufacturers to upgrade their technology and improve efficiency. Apart from textiles, the company also supplies precision components to the aerospace and defence sectors, helping diversify its revenue base. 

For Q4 FY25, the company reported revenue at ₹803.63 crore, showing a 4.85% growth quarter-on-quarter, up from ₹766.43 crore in Q3. But year-on-year, revenue still declined sharply by 17.21%, compared to ₹970.65 crore in Q4 FY24. Net profit stood at ₹47.82 crore, rising 147.77% over the previous quarter. However, it was still 27.52% lower than the ₹65.98 crore profit in Q4 FY24.

5. Trident Ltd

Trident Ltd. generates more than ₹6,200 crore in annual revenue and operates in several segments, including home textiles, paper, stationery, yarn, and chemicals. The company runs 25+ plants and stores and serves a global customer base in 150+ countries.

Trident is also a global production powerhouse. It manufactures nearly 1.08 million bathrobes annually and is the world’s largest producer of terry towels, churning out around 360 million towels every year. In bed linen, it leads the market with production of approximately 9 million sheet sets annually. Beyond textiles, Trident produces 450 tonnes of paper and 75 tonnes of chemicals per day, while also generating 50 megawatts of power, much of which supports its in-house energy needs.

Trident’s performance in the March 2025 quarter showcased strong growth. Net profit surged 135.4% year-on-year, rising to ₹133.26 crore, while revenue from operations grew 10.8% to ₹1,864.34 crore. The company also reported a 119.7% jump in profit before tax, reaching ₹171.71 crore for the quarter.

Segment-wise, the yarn business contributed the highest revenue at ₹908.28 crore, though growth remained flat at 0.7%. The towel segment, however, saw impressive traction, with revenues increasing 30.8% year-on-year to ₹752.86 crore. The bedsheet segment recorded a modest 4% growth, generating ₹315.14 crore in revenue. Meanwhile, the paper and chemicals division faced a slight slowdown, posting ₹268.39 crore, a 4.4% decline over the previous year.

6. Vardhman Textiles

Vardhman Textiles Ltd. is one of the biggest textile companies in India, with yearly revenue of over $1 billion. It handles everything from spinning yarn to printing fabric, making it a fully integrated player in the industry. Every year, Vardhman produces around 2.4 lakh metric tonnes of yarn and 220 million metres of fabric. It has the largest spindle capacity in India at 1.24 million spindles. The company also has a fabric processing capacity of 180 million metres and a printing line of 24 million metres per year.

Vardhman Textiles Ltd. reported a steady performance for the quarter ended March 2025. The company’s total revenue stood at ₹2,508.57 crore in Q4 FY25, showing a 2% YoY growth from ₹2,459.41 crore in Q4 FY24. On a sequential basis, revenue was up 1.76% from ₹2,465.30 crore in the previous quarter (Q3 FY25). PAT for the quarter came in at ₹237.31 crore, a sharp 18.31% increase over the ₹200.59 crore posted in Q4 FY24.

Key Factors & Risks to Consider Before Investing in Top Textile Stocks

India’s textile industry is entering a transformative phase. With global players looking to diversify their sourcing away from China, India has a real chance to regain its share in the global textile trade. Government-led initiatives like the PLI scheme, the PM MITRA parks, and free trade agreements (FTAs) with the UAE, Australia, and the EU are set to unlock new export opportunities and modernise infrastructure.

At the domestic level, rising disposable income, a growing fashion-conscious population, and an increasing preference for branded apparel are expected to boost demand. This bodes well for players with strong distribution, product differentiation, or vertical integration.

However, several risks remain. The industry is heavily dependent on raw material prices, especially cotton, which remains volatile. Additionally, energy costs, labour availability, and currency fluctuations can impact margins for export-focused players. Demand in developed markets is also cyclical and may slow during global downturns.

Conclusion

India’s textile industry is changing. It’s no longer just about low-cost manufacturing. Today, companies are focusing on brands, better technology, and global quality standards. Leaders like Page Industries are building strong consumer brands. Firms like KPR Mill and Vardhman Textiles are growing by controlling the entire production chain, from raw material to finished product. Each of these players brings something unique, whether it’s scale, efficiency, or customer trust.

As the sector modernises and global exports grow, the top textile stocks in India are gaining traction. Companies that can manage costs while staying innovative are likely to lead. The sector has its risks, but its future looks more global, more professional, and more valuable than ever. India’s leading textile players aren’t just growing at home, but they’re quietly building a strong global presence too.

FAQs

1. Is it a good time to invest in top textile stocks in India?

It depends on your investment horizon. With structural tailwinds like China+1, PLI incentives, and strong domestic demand, long-term prospects are solid. However, near-term risks like raw material volatility and global demand slowdowns should be considered.

2. How do rising cotton prices affect textile companies?

Cotton is a major input for Indian textile companies. When cotton prices rise, it squeezes profit margins, especially for firms with low pricing power.

3. How are Indian top textile stocks performing on the global stage?

Indian companies like Trident, Vardhman, and LMW have built strong global supply networks. Many now export to over 100 countries and supply to global brands. Some are even setting up overseas stores or plants to reach international markets more directly.

Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Registration granted by SEBI, enlistment as a Research Analyst with the Exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The securities are quoted as an example and not as a recommendation.

This is for informational purposes and should not be considered as recommendations. Kindly refer to  https://share.market/ for more details. PhonePe Wealth Broking Private Limited, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887.