India’s textile industry covers yarn, fabric, garments, home furnishings and technical textiles. Listed textile companies can benefit from domestic consumption, organised retail growth and demand from international fashion and home-textile brands.
However, textile earnings are sensitive to cotton prices, energy costs, currency movements and overseas demand. Exporters can also be affected by tariffs and economic weakness in major markets. The following companies have been selected based on their FY26 financial performance, manufacturing capabilities, product diversification and long-term growth potential.
| Company | Business Profile | FY26 Key Figure | Main Strength | Investment Profile |
| KPR Mill | Yarn, fabric and garments | Profit: ₹866.50 crore | Integrated manufacturing | Stronger textile leader |
| Vardhman Textiles | Yarn and fabric manufacturing | Revenue: ₹9,652 crore | Scale and established customers | Cyclical large-cap play |
| Arvind | Denim, garments and advanced materials | Revenue: ₹9,303 crore | Diversified product portfolio | Growth and transformation play |
| Welspun Living | Home textiles and flooring | Revenue: ₹9,399 crore | Global retailer relationships | Export recovery opportunity |
| Trident | Yarn, towels, bedsheets and paper | Revenue: ₹6,701 crore | Diversified manufacturing | Higher-risk cyclical stock |
1. KPR Mill

Best for: Integrated manufacturing and consistent profitability
- FY26 consolidated revenue: ₹6,650.37 crore
- FY26 consolidated net profit: ₹866.50 crore
- Textile-segment revenue: ₹5,435.32 crore
- Operating cash flow: ₹1,108.36 crore
KPR Mill has an integrated textile business covering yarn, knitted fabric, garments and processing. The company also operates sugar and power businesses, although textiles remain its largest revenue contributor.
Its integrated operations provide greater control over production quality, delivery schedules and costs. KPR Mill reported FY26 consolidated revenue of ₹6,650 crore and profit of ₹866.50 crore. Its textile segment generated more than ₹5,435 crore in revenue during the year.
Advantage: Strong profitability, integrated operations and substantial garment-manufacturing capabilities.
Limitation: Cotton prices, labour costs and weaker orders from international clothing brands can affect margins.
2. Vardhman Textiles
Best for: Large-scale yarn and fabric manufacturing exposure
- FY26 standalone revenue: ₹9,652.33 crore
- FY26 standalone net profit: ₹740.02 crore
- Profit before tax: ₹940.38 crore
- Core products: Cotton yarn, blended yarn and processed fabric
Vardhman Textiles is one of India’s largest integrated textile manufacturers. Its products are supplied to garment producers, fabric processors and international customers.
The company’s large manufacturing base provides scale, while its presence across yarn and fabric reduces dependence on a single product category. FY26 standalone revenue reached ₹9,652 crore, while net profit stood at ₹740 crore.
Advantage: Established manufacturing capacity, experienced management and a diversified textile-product portfolio.
Limitation: Yarn and fabric margins can fall quickly when cotton costs rise faster than selling prices.
3. Arvind
Best for: Denim, garmenting and advanced-material exposure
- FY26 consolidated revenue: ₹9,303.19 crore
- FY26 consolidated profit after tax: ₹426.97 crore
- FY26 textile revenue: ₹7,147.77 crore
- Q4 garment volume: More than 10.8 million pieces
Arvind is a diversified textile and apparel manufacturer known for denim, woven fabrics, garments and advanced materials. It supplies products to major domestic and international fashion companies.
FY26 consolidated revenue increased 11.7%, while profit after tax rose 16.2%. Textile revenue crossed ₹7,147 crore, supported by higher garment volumes and improved demand. Its advanced-material operations also provide exposure to specialised products beyond conventional textiles.
Advantage: Diversified products, established global customers and growing garment-manufacturing operations.
Limitation: Debt, capital expenditure and tariff-related discounts can pressure cash flow and profitability.
4. Welspun Living
Best for: Home-textile exports and balance-sheet recovery
- FY26 consolidated revenue: ₹9,399.11 crore
- FY26 consolidated net profit: ₹204.44 crore
- Home-textile revenue: ₹8,940 crore
- Net debt: ₹775 crore
Welspun Living manufactures towels, bedsheets, rugs, flooring and other home products. It supplies several large international retailers and also operates a growing domestic consumer business.
FY26 was difficult, with revenue falling 10.9% and net profit declining 68%. Global demand, tariffs and geopolitical disruption affected the home-textile industry. However, Welspun reduced net debt from ₹1,602 crore to ₹775 crore and generated stronger free cash flow.
Advantage: Strong relationships with global retailers, recognised brands and improving financial leverage.
Limitation: Heavy dependence on export markets creates risks from tariffs, currency changes and weak consumer spending.
5. Trident
Best for: Diversified textile products and turnaround potential
- FY26 consolidated revenue: ₹6,701.05 crore
- FY26 consolidated net profit: ₹377.11 crore
- Main textile products: Yarn, towels and bedsheets
- Additional business: Agro-based paper
Trident is an integrated manufacturer of yarn, bath linen, bed linen and paper. Its diversified operations provide exposure to home textiles as well as India’s paper market.
FY26 profit increased slightly to ₹377.11 crore, but revenue declined 4.09%. The company also used ₹760.18 crore in operating cash during the year, making working-capital management an important factor for investors.
Advantage: Diversified manufacturing facilities and an established position in towels, yarn and paper.
Limitation: Weak cash conversion and falling home-textile demand can restrict future earnings growth.
Key Risks for Investors
Textile companies face risks from volatile cotton prices, labour expenses, power costs and changing export regulations. Global customers may also move orders between India, Bangladesh, Vietnam and other manufacturing countries based on cost and tariffs.
KPR Mill provides the strongest combination of integration and profitability. Vardhman offers large-scale yarn and fabric exposure, while Arvind provides greater product diversification. Welspun Living represents an export-recovery opportunity, and Trident offers cyclical potential with higher cash-flow risk.
Investors should compare valuations, debt, operating cash flow, capacity utilisation and export dependence before investing. This article is for informational purposes only and should not be treated as investment advice.