# Textiles - Weaving — company-by-company sector analysis

> Textiles - Weaving: Alok Industries Ltd owns the largest revenue base; LS Industries Ltd has the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-07-29. Not investment advice.

## Bottom line

The 52-week sector comparison is unavailable. 3 of 5 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Alok Industries Ltd leads with revenue of ₹3,775 crore, based on 5 of 5 comparable companies through Jun 2026. LS Industries Ltd has the fastest current revenue growth at 100%, across 5 of 5 comparable companies.

### Is the Textiles - Weaving sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 3 of 5 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

### Which Textiles - Weaving company is largest by revenue?

Alok Industries Ltd leads with revenue of ₹3,775 crore, based on 5 of 5 comparable companies through Jun 2026.

### Which Textiles - Weaving company is growing fastest?

LS Industries Ltd has the fastest current revenue growth at 100%, across 5 of 5 comparable companies.

### Which Textiles - Weaving company has the strongest 4-Factor Sector Score?

Borana Weaves Ltd ranks first at 64.8/100 with 66.8% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### Which Textiles - Weaving company reports the most CAPEX?

Borana Weaves Ltd reports the largest latest CAPEX at ₹1 crore, with 1 of 5 companies comparable.

### Which Textiles - Weaving company has the least gross debt?

LS Industries Ltd has the lowest comparable gross debt at ₹1 crore. Alok Industries Ltd has the highest at ₹26,106 crore.

### Which Textiles - Weaving company has the lowest comparable PEG?

Siyaram Silk Mills Ltd has the lowest comparable Guarded PEG at 1.79, among 1 of 5 companies that pass the metric’s comparability rules.

### How much history does this Textiles - Weaving comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

### How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

## Sector relative strength

The 52-week comparison of Textiles - Weaving against NIFTY 500 is not available from the current market series. 3 of 5 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Borana Weaves Ltd is the strongest against the sector itself at +2.2%. Readings are as of 2026-07-19.

13-week sector return versus NIFTY 500: —
52-week sector return versus NIFTY 500: —
Stocks leading NIFTY: 3/5
Stocks leading sector: 1/4

Central tension: The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Companies: 5
Combined market value: ₹13.0K Cr

## 4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

1. Borana Weaves Ltd (BORANA): 65/100 — Mixed-positive evidence; evidence 67%
   - Growth & earnings 22.5/35 | Capital efficiency 18.6/25 | Valuation 10.0/20 | Relative strength 13.7/20
   - Exact sum: 22.5 + 18.6 + 10 + 13.7 = 64.8
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2. Siyaram Silk Mills Ltd (SIYSIL): 52/100 — Mixed-positive evidence; evidence 87%
   - Growth & earnings 19.7/35 | Capital efficiency 16.9/25 | Valuation 9.8/20 | Relative strength 5.7/20
   - Exact sum: 19.7 + 16.9 + 9.8 + 5.7 = 52.1
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3. Orbit Exports Ltd (ORBTEXP): 46/100 — Mixed-negative evidence; evidence 65%
   - Growth & earnings 9.4/35 | Capital efficiency 15.8/25 | Valuation 8.7/20 | Relative strength 12.5/20
   - Exact sum: 9.4 + 15.8 + 8.7 + 12.5 = 46.4
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4. Alok Industries Ltd (ALOKINDS): 31/100 — Adverse evidence; evidence 71%
   - Growth & earnings 18.4/35 | Capital efficiency 2.0/25 | Valuation 10.0/20 | Relative strength 0.8/20
   - Exact sum: 18.4 + 2 + 10 + 0.8 = 31.2
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5. LS Industries Ltd (LSIND): 43/100 — Thin evidence · provisional; evidence 48%
   - Growth & earnings 20.7/35 | Capital efficiency 9.6/25 | Valuation 10.0/20 | Relative strength 3.0/20
   - Exact sum: 20.7 + 9.6 + 10 + 3 = 43.3
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

## Revenue Scale & Growth Durability

What the numbers say: Alok Industries Ltd is the scale leader at ₹3,775 crore, 46.8% ahead of Siyaram Silk Mills Ltd. LS Industries Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 2066.7% from a ₹3 crore base, with 13 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Alok Industries Ltd is the scale benchmark; LS Industries Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Alok Industries Ltd's growth falls below LS Industries Ltd's for two consecutive comparable reports while operating margin also compresses.

Evidence: Alok Industries Ltd · ₹3,775 crore | 46.8% versus #2 · Siyaram Silk Mills Ltd | 3/8 recent comparable periods | 5/5 companies · 74 observations

Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

### Revenue — largest
1. Alok Industries Ltd (ALOKINDS): ₹3.8K Cr
2. Siyaram Silk Mills Ltd (SIYSIL): ₹2.6K Cr
3. Borana Weaves Ltd (BORANA): ₹389 Cr
4. Orbit Exports Ltd (ORBTEXP): ₹231 Cr
5. LS Industries Ltd (LSIND): ₹3 Cr — older report

### Revenue growth — fastest growers
1. LS Industries Ltd (LSIND): 100% — older report
2. Borana Weaves Ltd (BORANA): 34%
3. Siyaram Silk Mills Ltd (SIYSIL): 16%
4. Orbit Exports Ltd (ORBTEXP): 6.1%
5. Alok Industries Ltd (ALOKINDS): 3.9%

### 20-quarter Revenue history
- ALOKINDS: Sep 2021 ₹1.9K Cr | Dec 2021 ₹2.1K Cr | Mar 2022 ₹2.0K Cr | Jun 2022 ₹2.0K Cr | Sep 2022 ₹1.7K Cr | Dec 2022 ₹1.7K Cr | Mar 2023 ₹1.6K Cr | Jun 2023 ₹1.4K Cr | Sep 2023 ₹1.4K Cr | Dec 2023 ₹1.3K Cr | Mar 2024 ₹1.5K Cr | Jun 2024 ₹1.0K Cr | Sep 2024 ₹886 Cr | Dec 2024 ₹864 Cr | Mar 2025 ₹953 Cr | Jun 2025 ₹932 Cr | Sep 2025 ₹941 Cr | Dec 2025 ₹858 Cr | Mar 2026 ₹983 Cr | Jun 2026 ₹993 Cr
- SIYSIL: Sep 2021 ₹480 Cr | Dec 2021 ₹563 Cr | Mar 2022 ₹628 Cr | Jun 2022 ₹399 Cr | Sep 2022 ₹636 Cr | Dec 2022 ₹502 Cr | Mar 2023 ₹695 Cr | Jun 2023 ₹355 Cr | Sep 2023 ₹586 Cr | Dec 2023 ₹503 Cr | Mar 2024 ₹648 Cr | Jun 2024 ₹307 Cr | Sep 2024 ₹608 Cr | Dec 2024 ₹571 Cr | Mar 2025 ₹736 Cr | Jun 2025 ₹389 Cr | Sep 2025 ₹706 Cr | Dec 2025 ₹624 Cr | Mar 2026 ₹853 Cr | Jun 2026 —
- LSIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹0 Cr | Mar 2023 ₹0 Cr | Jun 2023 ₹0 Cr | Sep 2023 ₹0 Cr | Dec 2023 ₹0 Cr | Mar 2024 ₹0 Cr | Jun 2024 ₹0 Cr | Sep 2024 ₹0 Cr | Dec 2024 ₹0 Cr | Mar 2025 ₹0 Cr | Jun 2025 ₹0 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹1 Cr | Mar 2026 — | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹61 Cr | Jun 2024 ₹62 Cr | Sep 2024 ₹71 Cr | Dec 2024 ₹78 Cr | Mar 2025 ₹79 Cr | Jun 2025 ₹81 Cr | Sep 2025 ₹96 Cr | Dec 2025 ₹111 Cr | Mar 2026 ₹101 Cr | Jun 2026 —
- ORBTEXP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 ₹42 Cr | Jun 2023 ₹58 Cr | Sep 2023 ₹53 Cr | Dec 2023 ₹45 Cr | Mar 2024 ₹44 Cr | Jun 2024 ₹53 Cr | Sep 2024 ₹60 Cr | Dec 2024 ₹54 Cr | Mar 2025 ₹51 Cr | Jun 2025 ₹67 Cr | Sep 2025 ₹58 Cr | Dec 2025 ₹56 Cr | Mar 2026 ₹49 Cr | Jun 2026 —

### 20-quarter Revenue growth history
- ALOKINDS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -11% | Dec 2022 -19% | Mar 2023 -22% | Jun 2023 -28% | Sep 2023 -19% | Dec 2023 -27% | Mar 2024 -6.4% | Jun 2024 -29% | Sep 2024 -35% | Dec 2024 -31% | Mar 2025 -35% | Jun 2025 -7.4% | Sep 2025 6.2% | Dec 2025 -0.7% | Mar 2026 3.2% | Jun 2026 6.6%
- SIYSIL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 71% | Sep 2022 33% | Dec 2022 -11% | Mar 2023 11% | Jun 2023 -11% | Sep 2023 -7.9% | Dec 2023 0.2% | Mar 2024 -6.8% | Jun 2024 -14% | Sep 2024 3.8% | Dec 2024 14% | Mar 2025 14% | Jun 2025 27% | Sep 2025 16% | Dec 2025 9.3% | Mar 2026 16% | Jun 2026 —
- LSIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -8.3% | Mar 2024 0.0% | Jun 2024 -100% | Sep 2024 -91% | Dec 2024 -100% | Mar 2025 155% | Jun 2025 — | Sep 2025 11,700% | Dec 2025 — | Mar 2026 — | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 30% | Jun 2025 31% | Sep 2025 35% | Dec 2025 42% | Mar 2026 28% | Jun 2026 —
- ORBTEXP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 6.1% | Jun 2024 -9.4% | Sep 2024 14% | Dec 2024 21% | Mar 2025 15% | Jun 2025 27% | Sep 2025 -3.1% | Dec 2025 4.4% | Mar 2026 -3.0% | Jun 2026 —

## Operating Economics & Margin Trend

What the numbers say: Borana Weaves Ltd leads opm at 25%; LS Industries Ltd leads margin change at +5339 percentage points.

Investor read: Borana Weaves Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Evidence: Borana Weaves Ltd · 25% | 56.3% versus #2 · Siyaram Silk Mills Ltd | 3/5 recent comparable periods | 5/5 companies · 78 observations

Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

### OPM — highest
1. Borana Weaves Ltd (BORANA): 25%
2. Siyaram Silk Mills Ltd (SIYSIL): 16%
3. Orbit Exports Ltd (ORBTEXP): 15%
4. Alok Industries Ltd (ALOKINDS): 6.0%
5. LS Industries Ltd (LSIND): -54% — older report

### Margin change — fastest expanders
1. LS Industries Ltd (LSIND): +5,339.0 pp — older report
2. Alok Industries Ltd (ALOKINDS): +4.0 pp
3. Borana Weaves Ltd (BORANA): +3.0 pp
4. Siyaram Silk Mills Ltd (SIYSIL): +1.0 pp
5. Orbit Exports Ltd (ORBTEXP): −7.4 pp

### 20-quarter OPM history
- ALOKINDS: Sep 2021 6.0% | Dec 2021 9.3% | Mar 2022 7.6% | Jun 2022 2.4% | Sep 2022 -0.7% | Dec 2022 -2.0% | Mar 2023 -4.0% | Jun 2023 1.0% | Sep 2023 3.0% | Dec 2023 0.0% | Mar 2024 0.0% | Jun 2024 2.0% | Sep 2024 -5.0% | Dec 2024 -5.0% | Mar 2025 -2.0% | Jun 2025 2.0% | Sep 2025 0.0% | Dec 2025 0.0% | Mar 2026 0.0% | Jun 2026 6.0%
- SIYSIL: Sep 2021 18% | Dec 2021 18% | Mar 2022 19% | Jun 2022 13% | Sep 2022 19% | Dec 2022 15% | Mar 2023 17% | Jun 2023 6.0% | Sep 2023 15% | Dec 2023 14% | Mar 2024 16% | Jun 2024 3.0% | Sep 2024 15% | Dec 2024 12% | Mar 2025 15% | Jun 2025 5.0% | Sep 2025 15% | Dec 2025 11% | Mar 2026 16% | Jun 2026 —
- LSIND: Sep 2021 -391% | Dec 2021 -391% | Mar 2022 -427% | Jun 2022 -282% | Sep 2022 -264% | Dec 2022 -208% | Mar 2023 — | Jun 2023 -191% | Sep 2023 -209% | Dec 2023 -91% | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 -61% | Dec 2025 -54% | Mar 2026 — | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 27% | Jun 2024 26% | Sep 2024 16% | Dec 2024 23% | Mar 2025 22% | Jun 2025 21% | Sep 2025 23% | Dec 2025 24% | Mar 2026 25% | Jun 2026 —
- ORBTEXP: Sep 2021 26% | Dec 2021 27% | Mar 2022 23% | Jun 2022 33% | Sep 2022 29% | Dec 2022 25% | Mar 2023 21% | Jun 2023 32% | Sep 2023 30% | Dec 2023 20% | Mar 2024 19% | Jun 2024 29% | Sep 2024 27% | Dec 2024 22% | Mar 2025 23% | Jun 2025 28% | Sep 2025 20% | Dec 2025 21% | Mar 2026 15% | Jun 2026 —

### 20-quarter Margin change history
- ALOKINDS: Sep 2021 +8.6 pp | Dec 2021 −2.1 pp | Mar 2022 −2.7 pp | Jun 2022 −5.5 pp | Sep 2022 −6.7 pp | Dec 2022 −11.3 pp | Mar 2023 −11.6 pp | Jun 2023 −1.4 pp | Sep 2023 +3.7 pp | Dec 2023 +2.0 pp | Mar 2024 +4.0 pp | Jun 2024 +1.0 pp | Sep 2024 −8.0 pp | Dec 2024 −5.0 pp | Mar 2025 −2.0 pp | Jun 2025 0.0 pp | Sep 2025 +5.0 pp | Dec 2025 +5.0 pp | Mar 2026 +2.0 pp | Jun 2026 +4.0 pp
- SIYSIL: Sep 2021 +21.0 pp | Dec 2021 +4.6 pp | Mar 2022 +3.0 pp | Jun 2022 +0.4 pp | Sep 2022 +1.2 pp | Dec 2022 −3.1 pp | Mar 2023 −1.7 pp | Jun 2023 −7.0 pp | Sep 2023 −3.8 pp | Dec 2023 −1.0 pp | Mar 2024 −1.0 pp | Jun 2024 −3.0 pp | Sep 2024 0.0 pp | Dec 2024 −2.0 pp | Mar 2025 −1.0 pp | Jun 2025 +2.0 pp | Sep 2025 0.0 pp | Dec 2025 −1.0 pp | Mar 2026 +1.0 pp | Jun 2026 —
- LSIND: Sep 2021 — | Dec 2021 +392.4 pp | Mar 2022 +47.7 pp | Jun 2022 −101.8 pp | Sep 2022 +127.3 pp | Dec 2022 +182.6 pp | Mar 2023 −6,381.8 pp | Jun 2023 +90.9 pp | Sep 2023 +54.6 pp | Dec 2023 +117.4 pp | Mar 2024 +4,654.5 pp | Jun 2024 — | Sep 2024 −5,190.9 pp | Dec 2024 — | Mar 2025 +958.1 pp | Jun 2025 — | Sep 2025 +5,339.0 pp | Dec 2025 — | Mar 2026 — | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 −5.0 pp | Jun 2025 −5.0 pp | Sep 2025 +7.0 pp | Dec 2025 +1.0 pp | Mar 2026 +3.0 pp | Jun 2026 —
- ORBTEXP: Sep 2021 +4.8 pp | Dec 2021 +10.5 pp | Mar 2022 +1.7 pp | Jun 2022 +13.4 pp | Sep 2022 +3.9 pp | Dec 2022 −2.1 pp | Mar 2023 −1.9 pp | Jun 2023 −0.8 pp | Sep 2023 +0.6 pp | Dec 2023 −4.7 pp | Mar 2024 −2.5 pp | Jun 2024 −3.7 pp | Sep 2024 −3.5 pp | Dec 2024 +1.5 pp | Mar 2025 +4.0 pp | Jun 2025 −0.3 pp | Sep 2025 −6.2 pp | Dec 2025 −0.7 pp | Mar 2026 −7.4 pp | Jun 2026 —

## Profit Scale & Acceleration

What the numbers say: Siyaram Silk Mills Ltd leads with ₹232 crore of TTM profit, 256.9% above Borana Weaves Ltd. LS Industries Ltd shows 93.7% growth from a ₹1 crore net cash profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Siyaram Silk Mills Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Evidence: Siyaram Silk Mills Ltd · ₹232 crore | 256.9% versus #2 · Borana Weaves Ltd | 6/8 recent comparable periods | 5/5 companies · 74 observations

Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

### Net profit — largest
1. Siyaram Silk Mills Ltd (SIYSIL): ₹232 Cr
2. Borana Weaves Ltd (BORANA): ₹65 Cr
3. Orbit Exports Ltd (ORBTEXP): ₹33 Cr
4. LS Industries Ltd (LSIND): ₹-1 Cr — older report
5. Alok Industries Ltd (ALOKINDS): ₹-711 Cr

### Profit growth — fastest growers
1. LS Industries Ltd (LSIND): 94% — older report
2. Borana Weaves Ltd (BORANA): 63%
3. Siyaram Silk Mills Ltd (SIYSIL): 18%
4. Orbit Exports Ltd (ORBTEXP): -16%

### 20-quarter Net profit history
- ALOKINDS: Sep 2021 ₹-84 Cr | Dec 2021 ₹0 Cr | Mar 2022 ₹-27 Cr | Jun 2022 ₹-142 Cr | Sep 2022 ₹-192 Cr | Dec 2022 ₹-250 Cr | Mar 2023 ₹-298 Cr | Jun 2023 ₹-226 Cr | Sep 2023 ₹-175 Cr | Dec 2023 ₹-230 Cr | Mar 2024 ₹-216 Cr | Jun 2024 ₹-207 Cr | Sep 2024 ₹-262 Cr | Dec 2024 ₹-273 Cr | Mar 2025 ₹-74 Cr | Jun 2025 ₹-172 Cr | Sep 2025 ₹-162 Cr | Dec 2025 ₹-218 Cr | Mar 2026 ₹-193 Cr | Jun 2026 ₹-138 Cr
- SIYSIL: Sep 2021 ₹53 Cr | Dec 2021 ₹69 Cr | Mar 2022 ₹82 Cr | Jun 2022 ₹31 Cr | Sep 2022 ₹80 Cr | Dec 2022 ₹52 Cr | Mar 2023 ₹88 Cr | Jun 2023 ₹10 Cr | Sep 2023 ₹61 Cr | Dec 2023 ₹44 Cr | Mar 2024 ₹69 Cr | Jun 2024 ₹12 Cr | Sep 2024 ₹68 Cr | Dec 2024 ₹45 Cr | Mar 2025 ₹72 Cr | Jun 2025 ₹5 Cr | Sep 2025 ₹87 Cr | Dec 2025 ₹42 Cr | Mar 2026 ₹98 Cr | Jun 2026 —
- LSIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹-0 Cr | Mar 2023 ₹-8 Cr | Jun 2023 ₹-0 Cr | Sep 2023 ₹-0 Cr | Dec 2023 ₹-0 Cr | Mar 2024 ₹-3 Cr | Jun 2024 ₹-22 Cr | Sep 2024 ₹-1 Cr | Dec 2024 ₹3 Cr | Mar 2025 ₹-1 Cr | Jun 2025 ₹-0 Cr | Sep 2025 ₹-0 Cr | Dec 2025 ₹-0 Cr | Mar 2026 — | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹10 Cr | Jun 2024 ₹10 Cr | Sep 2024 ₹8 Cr | Dec 2024 ₹11 Cr | Mar 2025 ₹11 Cr | Jun 2025 ₹12 Cr | Sep 2025 ₹17 Cr | Dec 2025 ₹19 Cr | Mar 2026 ₹17 Cr | Jun 2026 —
- ORBTEXP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 ₹5 Cr | Jun 2023 ₹13 Cr | Sep 2023 ₹10 Cr | Dec 2023 ₹5 Cr | Mar 2024 ₹6 Cr | Jun 2024 ₹10 Cr | Sep 2024 ₹16 Cr | Dec 2024 ₹7 Cr | Mar 2025 ₹7 Cr | Jun 2025 ₹15 Cr | Sep 2025 ₹10 Cr | Dec 2025 ₹7 Cr | Mar 2026 ₹1 Cr | Jun 2026 —

### 20-quarter Profit growth history
- SIYSIL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 138% | Sep 2022 51% | Dec 2022 -25% | Mar 2023 7.3% | Jun 2023 -68% | Sep 2023 -24% | Dec 2023 -15% | Mar 2024 -22% | Jun 2024 20% | Sep 2024 11% | Dec 2024 2.3% | Mar 2025 4.4% | Jun 2025 -58% | Sep 2025 28% | Dec 2025 -6.7% | Mar 2026 36% | Jun 2026 —
- LSIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 -104% | Mar 2026 — | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 10% | Jun 2025 20% | Sep 2025 113% | Dec 2025 73% | Mar 2026 55% | Jun 2026 —
- ORBTEXP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 9.3% | Jun 2024 -23% | Sep 2024 55% | Dec 2024 22% | Mar 2025 17% | Jun 2025 53% | Sep 2025 -37% | Dec 2025 -0.6% | Mar 2026 -85% | Jun 2026 —

## Capacity Spending & Returns On It

What the numbers say: Borana Weaves Ltd reports ₹1 crore of CAPEX; Borana Weaves Ltd has the highest covered intensity at 1.3%. Coverage is only 1 of 5 companies and 2 reported observations, so this is partial evidence—not a complete sector rank.

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

Evidence: Borana Weaves Ltd · ₹1 crore | Not enough peers | 2/2 recent comparable periods | 1/5 companies · 2 observations

Definition: CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.

### CAPEX — largest spenders
1. Borana Weaves Ltd (BORANA): ₹1 Cr

### CAPEX intensity — highest reinvestment intensity
1. Borana Weaves Ltd (BORANA): 1.3%

### 20-quarter CAPEX history
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 ₹1 Cr | Mar 2025 ₹1 Cr | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —

### 20-quarter CAPEX intensity history
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 1.3% | Mar 2025 1.3% | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —

## Debt Load & Balance-Sheet Headroom

What the numbers say: Borana Weaves Ltd has the clearest covered balance-sheet capacity with ₹69 crore and gross debt of ₹71 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Evidence: LS Industries Ltd · ₹1 crore | 92.8% versus #2 · Orbit Exports Ltd | Not enough history | 5/5 companies · 59 observations

Definition: Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.

### Gross debt — lowest gross debt
1. LS Industries Ltd (LSIND): ₹1 Cr — older report
2. Orbit Exports Ltd (ORBTEXP): ₹16 Cr
3. Borana Weaves Ltd (BORANA): ₹71 Cr
4. Siyaram Silk Mills Ltd (SIYSIL): ₹352 Cr
5. Alok Industries Ltd (ALOKINDS): ₹26.1K Cr

### Net debt — lowest net debt
1. Borana Weaves Ltd (BORANA): ₹69 Cr
2. Siyaram Silk Mills Ltd (SIYSIL): ₹138 Cr
3. Alok Industries Ltd (ALOKINDS): ₹26.1K Cr

### 20-quarter Gross debt history
- ALOKINDS: Sep 2021 ₹24.1K Cr | Dec 2021 ₹24.1K Cr | Mar 2022 ₹24.3K Cr | Jun 2022 ₹24.3K Cr | Sep 2022 ₹24.3K Cr | Dec 2022 ₹24.3K Cr | Mar 2023 ₹24.2K Cr | Jun 2023 ₹24.2K Cr | Sep 2023 ₹23.9K Cr | Dec 2023 ₹23.9K Cr | Mar 2024 ₹26.0K Cr | Jun 2024 ₹26.0K Cr | Sep 2024 ₹25.9K Cr | Dec 2024 ₹25.9K Cr | Mar 2025 ₹26.0K Cr | Jun 2025 ₹26.0K Cr | Sep 2025 ₹26.0K Cr | Dec 2025 ₹26.0K Cr | Mar 2026 ₹26.1K Cr | Jun 2026 ₹26.1K Cr
- SIYSIL: Sep 2021 ₹199 Cr | Dec 2021 ₹199 Cr | Mar 2022 ₹223 Cr | Jun 2022 ₹223 Cr | Sep 2022 ₹252 Cr | Dec 2022 ₹252 Cr | Mar 2023 ₹163 Cr | Jun 2023 ₹163 Cr | Sep 2023 ₹212 Cr | Dec 2023 ₹212 Cr | Mar 2024 ₹175 Cr | Jun 2024 ₹175 Cr | Sep 2024 ₹260 Cr | Dec 2024 ₹260 Cr | Mar 2025 ₹262 Cr | Jun 2025 ₹262 Cr | Sep 2025 ₹413 Cr | Dec 2025 ₹413 Cr | Mar 2026 ₹352 Cr | Jun 2026 —
- LSIND: Sep 2021 — | Dec 2021 — | Mar 2022 ₹0 Cr | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 ₹0 Cr | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹0 Cr | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹0 Cr | Jun 2025 — | Sep 2025 ₹1 Cr | Dec 2025 — | Mar 2026 — | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 ₹28 Cr | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 ₹41 Cr | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹71 Cr | Jun 2024 — | Sep 2024 ₹64 Cr | Dec 2024 ₹56 Cr | Mar 2025 ₹61 Cr | Jun 2025 ₹61 Cr | Sep 2025 ₹43 Cr | Dec 2025 ₹43 Cr | Mar 2026 ₹71 Cr | Jun 2026 —
- ORBTEXP: Sep 2021 — | Dec 2021 — | Mar 2022 ₹45 Cr | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 ₹32 Cr | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹23 Cr | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹15 Cr | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 ₹16 Cr | Jun 2026 —

### 20-quarter Net debt history
- ALOKINDS: Sep 2021 ₹24.1K Cr | Dec 2021 ₹24.1K Cr | Mar 2022 ₹24.3K Cr | Jun 2022 ₹24.3K Cr | Sep 2022 ₹24.2K Cr | Dec 2022 ₹24.2K Cr | Mar 2023 ₹24.1K Cr | Jun 2023 ₹24.1K Cr | Sep 2023 ₹23.8K Cr | Dec 2023 ₹23.8K Cr | Mar 2024 ₹26.0K Cr | Jun 2024 ₹25.8K Cr | Sep 2024 ₹25.8K Cr | Dec 2024 ₹25.8K Cr | Mar 2025 ₹25.9K Cr | Jun 2025 ₹25.9K Cr | Sep 2025 ₹25.8K Cr | Dec 2025 ₹25.8K Cr | Mar 2026 ₹26.1K Cr | Jun 2026 ₹26.1K Cr
- SIYSIL: Sep 2021 ₹183 Cr | Dec 2021 ₹183 Cr | Mar 2022 ₹192 Cr | Jun 2022 ₹192 Cr | Sep 2022 ₹200 Cr | Dec 2022 ₹200 Cr | Mar 2023 ₹52 Cr | Jun 2023 ₹52 Cr | Sep 2023 ₹76 Cr | Dec 2023 ₹76 Cr | Mar 2024 ₹156 Cr | Jun 2024 ₹156 Cr | Sep 2024 ₹135 Cr | Dec 2024 ₹135 Cr | Mar 2025 ₹56 Cr | Jun 2025 ₹56 Cr | Sep 2025 ₹189 Cr | Dec 2025 ₹189 Cr | Mar 2026 ₹138 Cr | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹71 Cr | Jun 2024 — | Sep 2024 ₹64 Cr | Dec 2024 ₹56 Cr | Mar 2025 ₹61 Cr | Jun 2025 ₹61 Cr | Sep 2025 ₹38 Cr | Dec 2025 ₹38 Cr | Mar 2026 ₹69 Cr | Jun 2026 —

## Return On Capital Employed

What the numbers say: Borana Weaves Ltd leads ROCE at 32.7%, 13.9 percentage points above Siyaram Silk Mills Ltd. Alok Industries Ltd has the strongest latest improvement at +0.8 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: Borana Weaves Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Evidence: Borana Weaves Ltd · 32.7% | 73.9% versus #2 · Siyaram Silk Mills Ltd | 1/4 recent comparable periods | 5/5 companies · 39 observations

Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

### ROCE — highest
1. Borana Weaves Ltd (BORANA): 33%
2. Siyaram Silk Mills Ltd (SIYSIL): 19%
3. Orbit Exports Ltd (ORBTEXP): 15%
4. Alok Industries Ltd (ALOKINDS): -4.0%
5. LS Industries Ltd (LSIND): -50% — older report

### ROCE change — fastest improvers
1. Alok Industries Ltd (ALOKINDS): +0.8 pp
2. Siyaram Silk Mills Ltd (SIYSIL): −0.9 pp
3. Orbit Exports Ltd (ORBTEXP): −2.0 pp
4. Borana Weaves Ltd (BORANA): −17.9 pp
5. LS Industries Ltd (LSIND): −45.6 pp — older report

### 20-quarter ROCE history
- ALOKINDS: Sep 2021 4.7% | Dec 2021 — | Mar 2022 4.9% | Jun 2022 — | Sep 2022 0.9% | Dec 2022 — | Mar 2023 -14% | Jun 2023 — | Sep 2023 -19% | Dec 2023 -12% | Mar 2024 -5.8% | Jun 2024 -6.0% | Sep 2024 -7.6% | Dec 2024 -10% | Mar 2025 -7.3% | Jun 2025 -3.0% | Sep 2025 -6.7% | Dec 2025 -0.1% | Mar 2026 -5.3% | Jun 2026 -2.2%
- SIYSIL: Sep 2021 17% | Dec 2021 — | Mar 2022 27% | Jun 2022 — | Sep 2022 30% | Dec 2022 — | Mar 2023 26% | Jun 2023 — | Sep 2023 21% | Dec 2023 24% | Mar 2024 20% | Jun 2024 22% | Sep 2024 17% | Dec 2024 22% | Mar 2025 18% | Jun 2025 22% | Sep 2025 18% | Dec 2025 22% | Mar 2026 17% | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 14% | Jun 2024 — | Sep 2024 30% | Dec 2024 42% | Mar 2025 40% | Jun 2025 50% | Sep 2025 22% | Dec 2025 38% | Mar 2026 22% | Jun 2026 —

### 20-quarter ROCE change history
- ALOKINDS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −3.8 pp | Dec 2022 — | Mar 2023 −19.3 pp | Jun 2023 — | Sep 2023 −20.1 pp | Dec 2023 — | Mar 2024 +8.6 pp | Jun 2024 — | Sep 2024 +11.6 pp | Dec 2024 +1.2 pp | Mar 2025 −1.5 pp | Jun 2025 +3.0 pp | Sep 2025 +0.9 pp | Dec 2025 +10.2 pp | Mar 2026 +2.0 pp | Jun 2026 +0.8 pp
- SIYSIL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +12.9 pp | Dec 2022 — | Mar 2023 −0.8 pp | Jun 2023 — | Sep 2023 −9.7 pp | Dec 2023 — | Mar 2024 −6.3 pp | Jun 2024 — | Sep 2024 −3.2 pp | Dec 2024 −2.0 pp | Mar 2025 −2.0 pp | Jun 2025 −0.4 pp | Sep 2025 +0.7 pp | Dec 2025 +0.2 pp | Mar 2026 −0.9 pp | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 +26.1 pp | Jun 2025 — | Sep 2025 −8.8 pp | Dec 2025 −4.2 pp | Mar 2026 −17.9 pp | Jun 2026 —

## Valuation Against Growth & Quality

What the numbers say: Siyaram Silk Mills Ltd has the lowest comparable Guarded PEG at 1.79×. Only 1 of 5 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Evidence: Siyaram Silk Mills Ltd · 1.79× | Not enough peers | 0/8 recent comparable periods | 1/5 companies · 6 observations

Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.

### Guarded PEG — lowest PEG
1. Siyaram Silk Mills Ltd (SIYSIL): 1.8

### P/E — lowest P/E
1. Borana Weaves Ltd (BORANA): 13.5
2. Siyaram Silk Mills Ltd (SIYSIL): 13.5
3. Orbit Exports Ltd (ORBTEXP): 19.8

### 20-quarter Guarded PEG history
- SIYSIL: Sep 2021 — | Dec 2021 — | Mar 2022 0.2 | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 0.3 | Jun 2023 0.6 | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 2.0 | Sep 2025 — | Dec 2025 1.7 | Mar 2026 1.8 | Jun 2026 —

### 20-quarter P/E history
- SIYSIL: Sep 2021 20.6 | Dec 2021 13.5 | Mar 2022 10.3 | Jun 2022 10.4 | Sep 2022 8.7 | Dec 2022 9.4 | Mar 2023 8.0 | Jun 2023 10.1 | Sep 2023 11.6 | Dec 2023 11.9 | Mar 2024 10.0 | Jun 2024 12.7 | Sep 2024 11.8 | Dec 2024 20.5 | Mar 2025 15.3 | Jun 2025 16.1 | Sep 2025 15.5 | Dec 2025 14.1 | Mar 2026 10.2 | Jun 2026 —
- LSIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 1,459.5 | Dec 2025 1,615.5 | Mar 2026 — | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 0.0 | Sep 2025 11.0 | Dec 2025 13.5 | Mar 2026 13.1 | Jun 2026 —
- ORBTEXP: Sep 2021 24.6 | Dec 2021 16.9 | Mar 2022 22.8 | Jun 2022 15.6 | Sep 2022 14.9 | Dec 2022 12.8 | Mar 2023 9.1 | Jun 2023 13.9 | Sep 2023 12.3 | Dec 2023 13.5 | Mar 2024 11.2 | Jun 2024 14.2 | Sep 2024 15.5 | Dec 2024 16.6 | Mar 2025 9.8 | Jun 2025 15.6 | Sep 2025 10.8 | Dec 2025 13.5 | Mar 2026 9.8 | Jun 2026 —

## Enterprise Value & Book Value

What the numbers say: Orbit Exports Ltd leads ev/ebitda at 5.8×; Siyaram Silk Mills Ltd leads p/bv at 1.89×.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Evidence: Orbit Exports Ltd · 5.8× | 9.4% versus #2 · Siyaram Silk Mills Ltd | 0/8 recent comparable periods | 4/5 companies · 57 observations

Definition: EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.

### EV/EBITDA — lowest EV/EBITDA
1. Orbit Exports Ltd (ORBTEXP): 5.8
2. Siyaram Silk Mills Ltd (SIYSIL): 6.4
3. Borana Weaves Ltd (BORANA): 9.4
4. Alok Industries Ltd (ALOKINDS): 316.0

### P/BV — lowest P/BV
1. Siyaram Silk Mills Ltd (SIYSIL): 1.9
2. Orbit Exports Ltd (ORBTEXP): 2.1
3. Borana Weaves Ltd (BORANA): 3.1
4. LS Industries Ltd (LSIND): 68.7 — older report

### 20-quarter EV/EBITDA history
- ALOKINDS: Sep 2021 89.3 | Dec 2021 69.4 | Mar 2022 61.7 | Jun 2022 56.0 | Sep 2022 58.5 | Dec 2022 68.2 | Mar 2023 135.4 | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 581.6 | Sep 2024 479.8 | Dec 2024 479.3 | Mar 2025 — | Jun 2025 1,736.1 | Sep 2025 1,636.5 | Dec 2025 303.7 | Mar 2026 215.1 | Jun 2026 316.0
- SIYSIL: Sep 2021 9.3 | Dec 2021 7.8 | Mar 2022 6.5 | Jun 2022 6.5 | Sep 2022 5.9 | Dec 2022 6.3 | Mar 2023 5.3 | Jun 2023 6.7 | Sep 2023 7.4 | Dec 2023 7.4 | Mar 2024 6.3 | Jun 2024 7.7 | Sep 2024 7.2 | Dec 2024 12.5 | Mar 2025 9.5 | Jun 2025 9.5 | Sep 2025 9.1 | Dec 2025 8.7 | Mar 2026 6.4 | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 15.4 | Sep 2025 9.3 | Dec 2025 10.4 | Mar 2026 9.4 | Jun 2026 —
- ORBTEXP: Sep 2021 9.5 | Dec 2021 9.2 | Mar 2022 12.5 | Jun 2022 7.8 | Sep 2022 8.7 | Dec 2022 7.7 | Mar 2023 5.5 | Jun 2023 8.2 | Sep 2023 7.3 | Dec 2023 7.9 | Mar 2024 6.5 | Jun 2024 8.2 | Sep 2024 8.5 | Dec 2024 9.7 | Mar 2025 5.9 | Jun 2025 9.1 | Sep 2025 6.6 | Dec 2025 7.9 | Mar 2026 5.8 | Jun 2026 —

### 20-quarter P/BV history
- ALOKINDS: Sep 2021 -0.6 | Dec 2021 -0.7 | Mar 2022 -0.7 | Jun 2022 -0.6 | Sep 2022 -0.5 | Dec 2022 -0.4 | Mar 2023 -0.3 | Jun 2023 -0.5 | Sep 2023 -0.5 | Dec 2023 -0.6 | Mar 2024 -0.7 | Jun 2024 -0.7 | Sep 2024 -0.6 | Dec 2024 -0.5 | Mar 2025 -0.4 | Jun 2025 -0.5 | Sep 2025 -0.4 | Dec 2025 -0.4 | Mar 2026 -0.3 | Jun 2026 -0.3
- SIYSIL: Sep 2021 2.2 | Dec 2021 2.5 | Mar 2022 2.5 | Jun 2022 2.9 | Sep 2022 2.0 | Dec 2022 2.4 | Mar 2023 2.1 | Jun 2023 2.7 | Sep 2023 2.4 | Dec 2023 2.1 | Mar 2024 1.7 | Jun 2024 2.1 | Sep 2024 1.9 | Dec 2024 3.3 | Mar 2025 2.5 | Jun 2025 2.8 | Sep 2025 2.3 | Dec 2025 2.2 | Mar 2026 1.5 | Jun 2026 —
- LSIND: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 336.2 | Dec 2024 260.8 | Mar 2025 88.0 | Jun 2025 72.3 | Sep 2025 60.8 | Dec 2025 68.7 | Mar 2026 — | Jun 2026 —
- BORANA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 6.7 | Sep 2025 2.4 | Dec 2025 3.2 | Mar 2026 3.3 | Jun 2026 —
- ORBTEXP: Sep 2021 1.1 | Dec 2021 1.0 | Mar 2022 2.0 | Jun 2022 1.6 | Sep 2022 1.9 | Dec 2022 2.0 | Mar 2023 1.6 | Jun 2023 2.5 | Sep 2023 2.0 | Dec 2023 2.0 | Mar 2024 1.6 | Jun 2024 2.2 | Sep 2024 2.0 | Dec 2024 2.4 | Mar 2025 1.4 | Jun 2025 2.6 | Sep 2025 1.8 | Dec 2025 1.7 | Mar 2026 1.2 | Jun 2026 —

## Market action

Borana Weaves Ltd has the strongest one-year price move in Textiles - Weaving at +33.3%. Orbit Exports Ltd leads on Mansfield relative strength against NIFTY at +15.6%. 3 of 5 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

### Strongest one-year price performers
1. Borana Weaves Ltd (BORANA): 33%
2. LS Industries Ltd (LSIND): -4.4%
3. Siyaram Silk Mills Ltd (SIYSIL): -12%
4. Alok Industries Ltd (ALOKINDS): -41%

### Strongest relative strength versus NIFTY 500
1. Orbit Exports Ltd (ORBTEXP): 16%
2. Borana Weaves Ltd (BORANA): 6.5%
3. Siyaram Silk Mills Ltd (SIYSIL): 1.2%
4. Alok Industries Ltd (ALOKINDS): -21%
5. LS Industries Ltd (LSIND): -33%

## What can make this comparison misleading?
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- Thin comparisons: Capital expenditure, Valuation have fewer than three usable current readings.

## Every company
- Alok Industries Ltd (ALOKINDS) — market value ₹6.0K Cr; latest fundamentals Jun 2026
- Siyaram Silk Mills Ltd (SIYSIL) — market value ₹2.8K Cr; latest fundamentals Mar 2026
- LS Industries Ltd (LSIND) — market value ₹2.7K Cr; latest fundamentals Dec 2025
- Borana Weaves Ltd (BORANA) — market value ₹872 Cr; latest fundamentals Mar 2026; includes UNVERIFIED second-feed figures
- Orbit Exports Ltd (ORBTEXP) — market value ₹644 Cr; latest fundamentals Mar 2026

## Source standing of each company

Cross-checked: 2. Unverified: 3. Withheld: 0. Graded companies: 5.

1 of 5 companies draws at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.

- UNVERIFIED | BORANA | Borana Weaves Ltd | too little overlapping reported history to cross-check the second feed

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-07-24.
Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### What is the Nifty Textiles - Weaving index?

The Nifty Textiles - Weaving index tracks India's listed Textiles - Weaving companies as a single basket. This page follows the same 5 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Textiles - Weaving sector rather than to its largest constituent. Figures are as of Jun 2026.

### Which are the best Textiles - Weaving stocks in India?

Ranked by this page's four-factor score, Borana Weaves Ltd places first among 5 listed Textiles - Weaving companies, followed by Siyaram Silk Mills Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

### How many Textiles - Weaving stocks are listed in India?

This comparison covers 5 listed Textiles - Weaving companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

### Which Textiles - Weaving company is the biggest?

Alok Industries Ltd is the largest, with trailing-twelve-month revenue of ₹3,775 crore, ahead of Siyaram Silk Mills Ltd at ₹2,572 crore. That covers 5 of 5 companies with comparable reporting through Jun 2026.

### Which Textiles - Weaving company is growing fastest?

LS Industries Ltd has the fastest revenue growth at 100% year on year, across 5 of 5 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

### Which Textiles - Weaving company has the best profit margins?

Borana Weaves Ltd has the highest operating margin at 25%, from 5 of 5 comparable companies. LS Industries Ltd shows the biggest recent improvement, at +5339 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

### Which Textiles - Weaving company makes the most profit?

Siyaram Silk Mills Ltd earns the most, at ₹232 crore of trailing-twelve-month net profit, from 5 of 5 comparable companies. LS Industries Ltd has the fastest profit growth at 93.7%, though growth off a small or recovering profit base overstates how much has actually changed.

### Which Textiles - Weaving company earns the highest return on capital?

Borana Weaves Ltd leads on return on capital employed at 32.7%, across 5 of 5 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

### Which Textiles - Weaving stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Siyaram Silk Mills Ltd screens cheapest at 1.79×. Only 1 of 5 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

### Which Textiles - Weaving company has the strongest balance sheet?

LS Industries Ltd carries the lowest comparable gross debt at ₹1 crore, from 5 of 5 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

### Which Textiles - Weaving stock has the strongest price momentum?

Orbit Exports Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

### Which Textiles - Weaving company scores highest for research priority?

Borana Weaves Ltd scores 64.8 out of 100 with 66.8% evidence confidence, from 22.5 points on growth and earnings, 18.6 on capital efficiency, 10 on valuation and 13.7 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

### How many Textiles - Weaving companies does this comparison cover, and over what period?

It compares 5 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

### What is the total market cap of the Textiles - Weaving sector?

The 5 Textiles - Weaving companies on this page carry ₹13,017 crore of combined market value. Alok Industries Ltd is the largest at ₹5,993 crore, about 46% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

### How is the Textiles - Weaving sector performing?

3 of the 5 covered Textiles - Weaving companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

### Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

### Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

Narrative sector analysis: https://www.sectoralpha.in/sectors/textiles-weaving