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Indian (NIFTY) Textiles Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies219
- 7D6.0%
- 3M3.8%
- 1Y11.8%
- YTDn/a
The Textiles industry has gained 1.8% in the last week and Vardhman Textiles up 10%. Meanwhile, LS Industries actually underperformed within the industry, shrinking 14% in the last week. This means that the industry has gained 13% over the past year. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Indian Textiles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | ₹1.9t | ₹1.4t | ₹87.7b | 23.8x | 21.8x | 1.4x |
| Thu, 19 Dec 2024 | ₹2.1t | ₹1.4t | ₹85.1b | 25.4x | 25x | 1.6x |
| Sat, 16 Nov 2024 | ₹1.7t | ₹1.4t | ₹85.0b | 23.8x | 20.5x | 1.3x |
| Mon, 14 Oct 2024 | ₹1.8t | ₹1.3t | ₹79.1b | 25x | 22.7x | 1.3x |
| Wed, 11 Sep 2024 | ₹1.9t | ₹1.3t | ₹79.1b | 25.4x | 24x | 1.4x |
| Fri, 09 Aug 2024 | ₹1.9t | ₹1.4t | ₹92.5b | 26.9x | 20.7x | 1.4x |
| Sun, 07 Jul 2024 | ₹1.9t | ₹1.4t | ₹90.1b | 25.7x | 21.2x | 1.4x |
| Tue, 04 Jun 2024 | ₹1.7t | ₹1.4t | ₹83.8b | 21.8x | 19.8x | 1.2x |
| Thu, 02 May 2024 | ₹1.6t | ₹1.4t | ₹52.3b | 24.7x | 31.5x | 1.2x |
| Sat, 30 Mar 2024 | ₹1.5t | ₹1.3t | ₹51.9b | 21.7x | 29.7x | 1.1x |
| Mon, 26 Feb 2024 | ₹1.7t | ₹1.3t | ₹51.8b | 24.2x | 32.2x | 1.2x |
| Wed, 24 Jan 2024 | ₹1.5t | ₹1.3t | ₹35.2b | 22.4x | 43x | 1.1x |
| Fri, 22 Dec 2023 | ₹1.4t | ₹1.3t | ₹35.2b | 21.5x | 40.5x | 1.1x |
| Sun, 19 Nov 2023 | ₹1.4t | ₹1.3t | ₹35.1b | 21.7x | 40.5x | 1.1x |
| Tue, 17 Oct 2023 | ₹1.3t | ₹1.3t | ₹35.0b | 19.6x | 38.1x | 1x |
| Thu, 14 Sep 2023 | ₹1.3t | ₹1.3t | ₹34.8b | 18.8x | 38.5x | 1x |
| Sat, 12 Aug 2023 | ₹1.3t | ₹1.3t | ₹28.4b | 18.4x | 44.7x | 1x |
| Mon, 10 Jul 2023 | ₹1.2t | ₹1.4t | ₹37.2b | 17.7x | 33x | 0.9x |
| Wed, 07 Jun 2023 | ₹1.2t | ₹1.4t | ₹37.9b | 15.7x | 31.4x | 0.9x |
| Fri, 05 May 2023 | ₹1.2t | ₹1.4t | ₹55.1b | 12.3x | 20.9x | 0.8x |
| Sun, 02 Apr 2023 | ₹983.4b | ₹1.4t | ₹55.6b | 10.7x | 17.7x | 0.7x |
| Tue, 28 Feb 2023 | ₹1.0t | ₹1.4t | ₹55.6b | 11.4x | 18.9x | 0.7x |
| Thu, 26 Jan 2023 | ₹1.2t | ₹1.5t | ₹89.1b | 10.6x | 13.2x | 0.8x |
| Sat, 24 Dec 2022 | ₹1.1t | ₹1.5t | ₹89.3b | 10.5x | 12.4x | 0.8x |
| Mon, 21 Nov 2022 | ₹1.1t | ₹1.5t | ₹89.8b | 11x | 12.8x | 0.8x |
| Wed, 19 Oct 2022 | ₹1.1t | ₹1.5t | ₹98.1b | 9.2x | 11.5x | 0.8x |
| Fri, 16 Sep 2022 | ₹1.2t | ₹1.5t | ₹98.1b | 9.9x | 12.1x | 0.8x |
| Sun, 14 Aug 2022 | ₹1.1t | ₹1.4t | ₹99.8b | 8.7x | 10.8x | 0.8x |
| Tue, 12 Jul 2022 | ₹1.1t | ₹1.4t | ₹97.3b | 8.9x | 11x | 0.8x |
| Thu, 09 Jun 2022 | ₹1.2t | ₹1.4t | ₹97.7b | 8.9x | 11.8x | 0.8x |
| Sat, 07 May 2022 | ₹1.3t | ₹1.3t | ₹110.7b | 9.2x | 11.6x | 1x |
| Mon, 04 Apr 2022 | ₹1.3t | ₹1.3t | ₹110.3b | 9.3x | 11.6x | 1x |
| Wed, 02 Mar 2022 | ₹1.3t | ₹1.3t | ₹110.3b | 9.3x | 11.3x | 1x |
| Fri, 28 Jan 2022 | ₹1.4t | ₹1.2t | ₹102.8b | 10.5x | 13.8x | 1.2x |
Price to Earnings Ratio
13.8x
Current Industry PE
- Investors are relatively neutral on the Indian Textiles industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 22.7x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Textiles industry have declined 5.2% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Textiles compare with similar industries?
| IN Market | 3.44% | |
| Consumer Discretionary | 2.29% | |
| Luxury | 1.45% | |
| Textiles | 6.01% | |
| Apparel, Accessories and Luxury Goods | 0.24% | |
| Footwear | -1.46% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 502986 Vardhman Textiles | ₹495.20 | 10.2% +₹13.2b | 23.4% | PE18x | |
| TRIDENT Trident | ₹32.38 | 8.9% +₹13.2b | -28.0% | PE50.2x | |
| 503310 Swan Energy | ₹639.60 | 6.3% +₹11.9b | 5.8% | PE60.4x | |
| RAYMONDLSL Raymond Lifestyle | ₹1.97k | 9.3% +₹10.2b | n/a | PS153.1x | |
| 514162 Welspun Living | ₹153.25 | 6.5% +₹9.0b | 2.0% | PE20.7x |