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Indian (NIFTY) Textiles Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies218
- 7D-3.0%
- 3M-11.3%
- 1Y16.7%
- YTDn/a
Over the last 7 days, the Textiles industry has dropped 3.0%, driven by declines in Raymond Lifestyle and Vardhman Textiles of 8.8% and 7.4%, respectively. In the past year, the industry has gained 17%. Looking forward, earnings are forecast to grow by 27% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₹1.8t | ₹1.4t | ₹85.2b | 23.9x | 20.8x | 1.3x |
| Sat, 19 Oct 2024 | ₹1.8t | ₹1.3t | ₹79.2b | 24.3x | 22.6x | 1.3x |
| Mon, 16 Sep 2024 | ₹1.9t | ₹1.3t | ₹79.5b | 25x | 24.1x | 1.4x |
| Wed, 14 Aug 2024 | ₹1.8t | ₹1.3t | ₹77.6b | 26.9x | 22.6x | 1.3x |
| Fri, 12 Jul 2024 | ₹1.9t | ₹1.4t | ₹90.2b | 24.9x | 20.7x | 1.3x |
| Sun, 09 Jun 2024 | ₹1.7t | ₹1.4t | ₹70.7b | 22.8x | 24x | 1.2x |
| Tue, 07 May 2024 | ₹1.6t | ₹1.4t | ₹52.6b | 24.6x | 30.9x | 1.2x |
| Thu, 04 Apr 2024 | ₹1.6t | ₹1.3t | ₹52.0b | 22.7x | 31.6x | 1.2x |
| Sat, 02 Mar 2024 | ₹1.7t | ₹1.3t | ₹51.8b | 23.6x | 32.9x | 1.3x |
| Mon, 29 Jan 2024 | ₹1.6t | ₹1.3t | ₹36.1b | 22.6x | 43.1x | 1.2x |
| Wed, 27 Dec 2023 | ₹1.4t | ₹1.3t | ₹35.2b | 21.6x | 41x | 1.1x |
| Fri, 24 Nov 2023 | ₹1.4t | ₹1.3t | ₹35.3b | 21.9x | 40.7x | 1.1x |
| Sun, 22 Oct 2023 | ₹1.4t | ₹1.3t | ₹35.0b | 19.5x | 38.6x | 1x |
| Tue, 19 Sep 2023 | ₹1.3t | ₹1.3t | ₹34.8b | 19.4x | 38.6x | 1x |
| Thu, 17 Aug 2023 | ₹1.3t | ₹1.3t | ₹36.5b | 17.6x | 34.6x | 1x |
| Sat, 15 Jul 2023 | ₹1.2t | ₹1.4t | ₹36.9b | 17.1x | 33.3x | 0.9x |
| Mon, 12 Jun 2023 | ₹1.2t | ₹1.4t | ₹37.9b | 15.5x | 31.3x | 0.9x |
| Wed, 10 May 2023 | ₹1.1t | ₹1.4t | ₹51.4b | 12.7x | 22x | 0.8x |
| Fri, 07 Apr 2023 | ₹1.0t | ₹1.4t | ₹55.6b | 11.2x | 18.8x | 0.7x |
| Sun, 05 Mar 2023 | ₹1.1t | ₹1.4t | ₹55.6b | 11.7x | 19.3x | 0.8x |
| Tue, 31 Jan 2023 | ₹1.1t | ₹1.5t | ₹84.4b | 10.7x | 13.4x | 0.8x |
| Thu, 29 Dec 2022 | ₹1.2t | ₹1.5t | ₹89.3b | 11.2x | 13.2x | 0.8x |
| Sat, 26 Nov 2022 | ₹1.2t | ₹1.5t | ₹89.7b | 10.9x | 12.9x | 0.8x |
| Mon, 24 Oct 2022 | ₹1.1t | ₹1.5t | ₹97.5b | 9.1x | 11.5x | 0.8x |
| Wed, 21 Sep 2022 | ₹1.2t | ₹1.5t | ₹98.1b | 9.8x | 12x | 0.8x |
| Fri, 19 Aug 2022 | ₹1.1t | ₹1.5t | ₹98.1b | 9.1x | 11.4x | 0.8x |
| Sun, 17 Jul 2022 | ₹1.0t | ₹1.4t | ₹97.3b | 8.9x | 10.7x | 0.8x |
| Tue, 14 Jun 2022 | ₹1.1t | ₹1.4t | ₹97.3b | 8.4x | 11.1x | 0.8x |
| Thu, 12 May 2022 | ₹1.2t | ₹1.3t | ₹111.3b | 8.8x | 10.7x | 0.9x |
| Sat, 09 Apr 2022 | ₹1.4t | ₹1.3t | ₹110.3b | 9.7x | 12.4x | 1.1x |
| Mon, 07 Mar 2022 | ₹1.2t | ₹1.3t | ₹110.3b | 9.1x | 11.3x | 1x |
| Wed, 02 Feb 2022 | ₹1.4t | ₹1.2t | ₹104.2b | 10.6x | 13.6x | 1.2x |
| Fri, 31 Dec 2021 | ₹1.3t | ₹1.2t | ₹97.0b | 9.4x | 13.5x | 1.1x |
| Sun, 28 Nov 2021 | ₹1.2t | ₹1.2t | ₹87.7b | 8.6x | 14.1x | 1.1x |
Price to Earnings Ratio
14.1x
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 22.2x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Textiles industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.2% 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 and as a result, profits have held steady.
Industry Comparison
How does Indian Textiles compare with similar industries?
| IN Market | -1.80% | |
| Consumer Discretionary | -0.34% | |
| Luxury | -1.03% | |
| Textiles | -3.04% | |
| Apparel, Accessories and Luxury Goods | -0.029% | |
| Footwear | -5.68% | |
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 | |
|---|---|---|---|---|---|
| 532140 Mohite Industries | ₹84.45 | -14.2% ₹15.0b | 167.5% | PE303.2x | |
| 509557 Garware Technical Fibres | ₹4.43k | 15.9% +₹12.1b | 39.4% | PE39x | |
| 503310 Swan Energy | ₹537.80 | 6.1% +₹9.7b | 24.9% | PE50.8x | |
| 531543 Jindal Worldwide | ₹334.35 | 16.5% +₹9.5b | 1.3% | PE79.2x | |
| 500101 Arvind | ₹344.75 | 2.4% +₹2.1b | 53.5% | PE31.1x |