Sector analysis · India

Textiles sector earnings growth, Q1 FY26

The 20 largest Textiles companies by market cap at the end of Q1 FY26 (30 Jun 2025), compared with Q1 FY25.

The top 20 at Q1 FY26

Q1 FY26 vs Q1 FY25: combined net profit ₹1,055 cr (−2%), median EPS −13% (7 of 18 up), market-cap-weighted price +5%. 20 of 20 reported.

Quarter

Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27

Compared with

YoY QoQ

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.

#	Company	Weight	EPS ₹, base → now	EPS growth	Contribution	Price
1	Page Industries LimitedPAGEIND	24.0%	148.13 → 180.02	+22%	+2.3 pp	+26%
2	K P R Mill LtdKPRMILL	17.0%	5.95 → 6.22	+5%	+0.6 pp	+29%
3	Trident LimitedTRIDENT	6.9%	0.14 → 0.27	+93%	+4.4 pp	−18%
4	Vardhman Textiles LimitedVTL	6.3%	8.25 → 7.16	−13%	−2.1 pp	+4%
5	Welspun Living LimitedWELSPUNLIV	6.0%	1.91 → 0.91	−52%	−6.4 pp	−7%
6	Alok Industries LimitedALOKINDS	4.4%	−0.42 → −0.35	loss, smaller	+2.3 pp	−27%
7	Arvind LtdARVIND	4.0%	1.50 → 2.03	+35%	+0.9 pp	−5%
8	Garware Technical Fibres LimitedGARFIBRES	4.0%	4.71 → 5.35	+14%	+0.4 pp	+20%
9	Raymond Lifestyle LimitedRAYMONDLSL	3.5%	1,106.08 → −3.25	to loss	+0.3 pp	—
10	Pearl Global Industries LimitedPGIL	3.0%	7.49 → 7.38	−1%	+0.2 pp	+102%
11	Gokaldas Exports LimitedGOKEX	2.9%	3.82 → 5.67	+48%	+0.9 pp	−4%
12	Indo Count Industries LimitedICIL	2.6%	3.93 → 1.91	−51%	−2.6 pp	−24%
13	PDSPDSL	2.5%	— → 0.92	sources disagree	—	−26%
14	Kitex Garments LimitedKITEX	2.4%	1.37 → 1.04	−24%	−0.4 pp	+303%
15	Jindal Worldwide LimitedJINDWORLD	2.4%	0.18 → 0.17	−6%	0.0 pp	−22%
16	Lux Industries LimitedLUXIND	1.9%	11.30 → 7.84	−31%	−0.7 pp	+3%
17	Sanathan Textiles LimitedSANATHAN	1.8%	7.26 → 4.79	−34%	−0.8 pp	—
18	Ganesha Ecosphere LimitedGANECOS	1.7%	8.90 → 4.22	−53%	−0.8 pp	+7%
19	Bombay Dyeing & Mfg Company LimitedBOMDYEING	1.5%	— → 0.67	sources disagree	—	−21%
20	Siyaram Silk Mills LimitedSIYSIL	1.4%	0.51 → 0.20	−61%	−0.5 pp	+38%
	Sector earnings growth	100%			−1.9 pp

Who joined and who left

1 joined and 1 left the top 20 since Q4 FY25, as market caps moved.

Joined the top 20 since Q4 FY25 1

now #19 Bombay Dyeing & Mfg Company Limited BOMDYEING

Left the top 20 since Q4 FY25 1

was #20 Kewal Kiran Clothing Limited KKCL

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
Company	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 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%
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%
WELSPUNLIV	+2,144%	+323%	+18%	+15%	+4%	−31%	−9%	−52%	−93%	to loss	−21%	+87%
ALOKINDS	loss, smaller	loss, smaller	loss, smaller	loss, smaller	loss, bigger	loss, bigger	loss, smaller	loss, smaller	loss, smaller	loss, smaller	loss, bigger	loss, smaller
ARVIND	−36%	+9%	+2%	−47%	−25%	+13%	+53%	+35%	+73%	−6%	+5%	0%
GARFIBRES	+11%	+18%	+16%	+12%	+29%	+13%	+5%	+14%	−52%	+18%	−19%	+24%
RAYMONDLSL	outside	outside	outside	outside	−71%	−62%	to loss	to loss	+78%	−33%	loss, bigger	loss, bigger
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%
ICIL	sources disagree	sources disagree	sources disagree	+6%	−29%	+30%	−88%	−51%	−52%	−68%	+114%	+67%
PDSL	−43%	−67%	−20%	sources disagree	sources disagree	sources disagree	sources disagree	sources disagree	sources disagree	sources disagree	sources disagree	+45%
KITEX	outside	outside	outside	outside	+179%	+171%	+64%	−24%	to loss	to loss	to loss	to loss
JINDWORLD	−61%	+40%	+8%	+29%	+31%	−14%	−25%	−6%	−29%	−22%	outside	+88%
LUXIND	−12%	+12%	+78%	+104%	+38%	+59%	−13%	−31%	−54%	−60%	−9%	−6%
SANATHAN	outside	outside	outside	outside	outside	outside	−32%	−34%	−38%	to loss	−50%	−41%
GANECOS	outside	−40%	+21%	+463%	+736%	+101%	+10%	−53%	to loss	outside	−7%	outside
BOMDYEING	loss, smaller	turned profitable	turned profitable	sources disagree	sources disagree	sources disagree	outside	sources disagree	sources disagree	sources disagree	outside	outside
SIYSIL	−23%	−11%	outside	+19%	outside	+2%	+5%	−61%	outside	−8%	+36%	+145%