Sector analysis · India

Textiles sector earnings growth, Q4 FY25

The 20 largest Textiles companies by market cap at the end of Q4 FY25 (31 Mar 2025), compared with Q4 FY24.

The top 20 at Q4 FY25

Q4 FY25 vs Q4 FY24: combined net profit ₹1,377 cr (+1%), median EPS +5% (11 of 19 up), market-cap-weighted price +2%. 20 of 20 reported.

Weight is each company's share of the 20 companies' combined market cap. Contribution is the change in its owners' profit divided by their combined base profit, in percentage points, so the column adds up to the sector's earnings growth. EPS cannot be added across companies, which is why contributions use profit.

#CompanyWeightEPS ₹, base → nowEPS growthContributionPrice
1Page Industries LimitedPAGEIND24.2%97.01 → 147.04+52% +3.1 pp+24%
2K P R Mill LtdKPRMILL15.7%6.25 → 5.98−4% −0.5 pp+9%
3Welspun Living LimitedWELSPUNLIV6.6%1.50 → 1.37−9% −0.8 pp−2%
4Trident LimitedTRIDENT6.3%0.11 → 0.26+136% +4.3 pp−34%
5Vardhman Textiles LimitedVTL5.8%6.94 → 8.21+18% +2.1 pp−11%
6Garware Technical Fibres LimitedGARFIBRES4.4%6.82 → 7.16+5% +0.1 pp+30%
7Arvind LtdARVIND4.2%3.79 → 5.78+53% +2.9 pp+17%
8Alok Industries LimitedALOKINDS3.8%−0.43 → −0.15loss, smaller one-off+7.9 pp−42%
9Jindal Worldwide LimitedJINDWORLD3.6%0.28 → 0.21−25% −0.4 pp+14%
10Raymond Lifestyle LimitedRAYMONDLSL3.2%34.42 → −7.38to loss one source −14.0 pp—
11PDSPDSL3.1%— → 2.85sources disagree —−8%
12Pearl Global Industries LimitedPGIL3.1%5.89 → 7.43+26% +0.9 pp+141%
13Gokaldas Exports LimitedGOKEX2.9%6.99 → 7.40+6% +0.5 pp+19%
14Indo Count Industries LimitedICIL2.6%4.64 → 0.57−88% −4.5 pp−28%
15Lux Industries LimitedLUXIND2.1%18.47 → 15.99−13% −0.4 pp+28%
16Ganesha Ecosphere LimitedGANECOS2.0%8.52 → 9.33+10% +0.1 pp+57%
17Kitex Garments LimitedKITEX1.8%1.01 → 1.66+64% +0.7 pp+197%
18Sanathan Textiles LimitedSANATHAN1.6%7.55 → 5.17−32% one source −0.6 pp—
19Siyaram Silk Mills LimitedSIYSIL1.5%3.04 → 3.18+5% +0.2 pp+50%
20Kewal Kiran Clothing LimitedKKCL1.4%6.10 → 4.73−22% −0.5 pp−31%
Sector earnings growth100%+1.1 pp

Who joined and who left

1 joined and 1 left the top 20 since Q3 FY25, as market caps moved.

Joined the top 20 since Q3 FY25 1

Left the top 20 since Q3 FY25 1

  • was #19 Bombay Dyeing & Mfg Company Limited BOMDYEING

EPS growth by company, Q2 FY24 to Q1 FY27

Each company's EPS growth year on year, every quarter it was in the top 20.

≤ −40%−20%0+20%≥ +40% Blue is growth, red is decline, grey is about zero; the colour stops deepening at ±40%.
  • turned profitableto loss crossed zero, so there is no growth rate to print
  • loss, smallerloss, bigger a loss in both quarters
  • sources disagree our two sources disagree, so the figure is left out of the sector totals
  • outside not in the sector's top 20 that quarter
EPS growth of each company in the sector's top 20, by quarter
CompanyQ2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
PAGEIND−7%+23%+38%+4%+30%+34%+52%+22%0%−7%+9%−4%
KPRMILL−1%+7%+2%0%+2%+8%−4%+5%+6%+3%+11%+22%
WELSPUNLIV+2,144%+323%+18%+15%+4%−31%−9%−52%−93%to loss−21%+87%
TRIDENT+157%−25%−56%−22%−11%−24%+136%+93%+13%−44%−23%+15%
VTL−35%+56%+26%+75%+47%+31%+18%−13%−5%−21%−22%+49%
GARFIBRES+11%+18%+16%+12%+29%+13%+5%+14%−52%+18%−19%+24%
ARVIND−36%+9%+2%−47%−25%+13%+53%+35%+73%−6%+5%0%
ALOKINDSloss, smallerloss, smallerloss, smallerloss, smallerloss, biggerloss, biggerloss, smallerloss, smallerloss, smallerloss, smallerloss, biggerloss, smaller
JINDWORLD−61%+40%+8%+29%+31%−14%−25%−6%−29%−22%outside+88%
RAYMONDLSLoutsideoutsideoutsideoutside−71%−62%to lossto loss+78%−33%loss, biggerloss, bigger
PDSL−43%−67%−20%sources disagreesources disagreesources disagreesources disagreesources disagreesources disagreesources disagreesources disagree+45%
PGIL+72%+6%−2%+35%+39%+50%+26%−1%+25%−6%+21%+47%
GOKEX−48%−25%−10%−29%+1%+40%+6%+48%−72%−72%−34%+7%
ICILsources disagreesources disagreesources disagree+6%−29%+30%−88%−51%−52%−68%+114%+67%
LUXIND−12%+12%+78%+104%+38%+59%−13%−31%−54%−60%−9%−6%
GANECOSoutside−40%+21%+463%+736%+101%+10%−53%to lossoutside−7%outside
KITEXoutsideoutsideoutsideoutside+179%+171%+64%−24%to lossto lossto lossto loss
SANATHANoutsideoutsideoutsideoutsideoutsideoutside−32%−34%−38%to loss−50%−41%
SIYSIL−23%−11%outside+19%outside+2%+5%−61%outside−8%+36%+145%
KKCL+27%+23%+19%−25%+32%−26%−22%outside−32%+39%+6%+21%