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Textiles - General — sector analysis & key numbers

Textiles - General is turning around off a trough: 1 of 4 constituents are in price uptrends, and aggregate profit grew 40% in the latest year.

4 companies₹5.3K Cr market value21.4 relative strengthconsolidation rotationneutral
By Sector Alpha Research · machine-compiled from Screener.in data · Updated 1 July 2026 · Not investment advice
The 30-second answer

Textiles - General groups 4 listed companies worth ₹5,272 Cr combined, and 1 of 4 are in confirmed price uptrends. Aggregate profit moved −26.4% year-on-year in the latest reported quarter. The sector trades at an aggregate P/E of 21.9×, at the 47th percentile of its own history.

Data as of 1 July 2026 · every number traces to its Screener source column · not investment advice.

Key numbers
Companies
4
Total market cap
₹5,272 Cr
Relative strength
21.4
RRG quadrant
consolidation
Weeks in streak
10
In Stage-2 uptrend
1 of 4
Above 200-DMA
1 of 4
Beating NIFTY 500
1 of 4
Latest-quarter revenue
₹1,031 Cr
Latest-quarter profit
₹39 Cr
Aggregate P/E
21.9×
Valuation percentile
47th of its own history
Sector wind
neutral
Data as of
1 July 2026
The verdict

The research read on Textiles - General: turning around off a trough.lifecycle_bucket

The curve presents a healthy, fairly-priced consolidation (earnings-led de-rating to 18th percentile PE), but qual and social fail to provide the near-term catalyst or conviction to study further. Qual explicitly flags a on watch verdict, observing that while domestic PLI capex is strong, US tariff uncertainty, Bangladesh instability, and a cotton-cost squeeze (import duties) cap near-term earnings visibility. Social echoes this caution (sentiment 0) with structural warnings on labor competitiveness and heat-stress productivity losses. The momentum gate is relatively strong (RRG 76.8, RS_3m +22.45%), but the fundamental setup is bifurcated: efficient operators like GHCL Textiles are expanding margins off low bases, while others like Jindal Worldwide drag aggregate profits. The call remains on watch — selective on high-utilization operators, avoiding a broad sector bet until demand headwinds clear.synthesis

What would change this view: A quarterly print showing a definitive clearing of US tariff uncertainty combined with a normalization of domestic vs global cotton spreads, allowing the newly deployed PLI capex to convert into export market-share gains without margin compression.would_change_my_mind

Early margin recovery off a depressed base (GHCL Textiles +94.8% PAT, 98% utilization) aided by textile PLI and a 14-year-high capex cycle, but cotton-cost headwinds and weak global/export demand cap the upside — bifurcated, thin evidence.one_line_thesis

neutral
  • ✓Aggregate PAT compounded from 157 Cr in 2023 to 217 Cr in 2025. · curve.annual_fundamentals.pat
  • ✓Revenue expanded from 2443 Cr to 3984 Cr (2023-2025). · curve.annual_fundamentals.revenue
  • ⚠Operating margins have held remarkably steady around 10.6%. · sector_cycle_deterministic.verdict
  • ✓PE multiple fell -51.3% from 45.01 to 21.91. · curve.valuation_series.pe
  • ⚠Earnings-led de-rating: aggregate earnings (+41.8%) led the multiple (-51.3%). · sector_cycle_deterministic.curve_move_driver
  • ⚠18th percentile trailing and 18th percentile normalized PE. · sector_cycle_deterministic.verdict
  • ✓Price index pulled back -46% over 12q. · sector_cycle_deterministic.curve_move_driver
  • ⚠Gate RRG 76.8, RS_3m 22.45%. · meta

Research view from 2026-06-27

How the sector is moving

1 of 4 constituents are in Stage-2 price uptrends, 1 trade above their 200-day averages, and 1 are beating the NIFTY 500 on relative strength.stageabove_dma200rs_mansfield

Over the trailing ~20 weeks, the share of constituents above the 200-day line moved from 25% to 33% — participation is widening.breadth_series

Sector relative strength stands at 21.4, in the consolidation quadrant of the rotation map, with relative strength falling over a 10-week streak.current_rsquadrant

1 / 4
In Stage-2 uptrend
1 / 4
Above 200-day avg
1 / 4
Beating NIFTY 500
RRG: consolidationRS 21.4relative strength falling10-week streak
Breadth trend — share of constituents participating% (trailing ~20 weeks)
0255075100200-DMAvs NIFTY2026-02-092026-03-302026-05-182026-06-22
Data: Breadth trend
Period% above 200-DMA (%)% beating NIFTY (%)
Feb 2625.025.0
Feb 2650.025.0
Feb 2625.025.0
Mar 2625.00.0
Mar 2633.333.3
Mar 2633.366.7
Mar 2633.333.3
Mar 260.00.0
Apr 26100.0100.0
Apr 2633.333.3
Apr 2633.333.3
Apr 2666.733.3
May 2633.333.3
May 2633.333.3
May 2666.733.3
May 2633.333.3
Jun 2633.333.3
Jun 2633.333.3
Jun 2666.766.7
Jun 2633.333.3

Data as of 2026-07-01

The performers

Top performers by 1-year price return: Voith Paper Fabrics India Ltd (+6%), GHCL Textiles Ltd (+4%), Jindal Worldwide Ltd (-38.6%), VTM Ltd (-46.8%).price

by 1-year return
Sector avg
Indexed price (base 100, ~52 weeks)index
Data: Indexed price (base 100, ~52 weeks) — default top-5
PeriodVOITHPAPR (index)GHCLTEXTIL (index)JINDWORLD (index)VTMLTD (index)Sector avg (index)
Jul 25100100100100100
Jul 2510510397.8106103
Jul 2594.910194.199.797.4
Aug 2598.395.692.190.294.0
Aug 2510287.782.981.688.5
Aug 2510385.084.375.486.9
Aug 2510288.183.564.784.5
Aug 2510187.686.964.385.0
Sep 2599.884.384.654.480.8
Sep 2599.389.284.360.283.3
Sep 2598.689.891.262.185.4
Sep 2597.185.183.655.480.3
Oct 2599.585.784.056.881.5
Oct 2596.584.788.650.980.2
Oct 2597.984.584.856.280.9
Oct 2596.687.086.859.982.6
Oct 2599.484.884.862.082.8
Nov 2510186.581.558.681.9
Nov 2599.584.179.977.885.3
Nov 2595.783.377.679.984.1
Nov 2595.983.878.369.281.8
Dec 2593.480.573.564.277.9
Dec 2592.179.570.660.075.5
Dec 2589.980.568.661.575.1
Dec 2586.579.267.662.974.0
Jan 2688.384.569.162.676.1
Jan 2681.580.565.050.269.3
Jan 2684.781.563.151.770.3
Jan 2679.377.855.350.565.7
Feb 2679.981.858.753.268.4
Feb 2683.386.265.977.178.1
Feb 2684.687.062.787.680.5
Feb 2681.189.859.875.476.5
Feb 2681.684.157.473.474.1
Mar 2680.379.552.966.469.8
Mar 26–79.249.376.768.4
Mar 26–83.349.973.268.8
Mar 26–75.644.668.262.8
Apr 26–80.3––80.3
Apr 26–93.7––93.7
Apr 26–97.961.767.475.7
Apr 26–94.157.767.473.1
Apr 26–98.060.468.475.6
May 26–10162.767.276.9
May 26–96.461.864.274.1
May 26–99.661.767.476.2
May 26–10570.556.677.5
Jun 26–10968.453.476.8
Jun 26–10169.652.074.2
Jun 26–10575.657.779.4
Jun 26–10271.952.275.3
Jul 26–10770.655.377.6
Quarterly revenue (8q)₹ Cr
Data: Quarterly revenue (8q) — default top-5
PeriodVOITHPAPR (₹ Cr)GHCLTEXTIL (₹ Cr)JINDWORLD (₹ Cr)VTMLTD (₹ Cr)Sector avg (₹ Cr)
Jun 2445.028849259.0221
Sep 2451.030557173.0250
Dec 2441.0285624104264
Mar 2553.0284606109263
Jun 2553.026854072.0233
Sep 2553.033857390.0264
Dec 2550.0349532100258
Mar 26–364640110371
Quarterly net profit (8q)₹ Cr
Data: Quarterly net profit (8q) — default top-5
PeriodVOITHPAPR (₹ Cr)GHCLTEXTIL (₹ Cr)JINDWORLD (₹ Cr)VTMLTD (₹ Cr)Sector avg (₹ Cr)
Jun 2410.012.018.05.011.3
Sep 2410.021.017.010.014.5
Dec 248.09.018.018.013.3
Mar 2511.014.022.012.014.8
Jun 2513.014.017.05.012.3
Sep 2512.016.012.02.010.5
Dec 258.013.014.03.09.5
Mar 26–28.026.01.018.3
Operating margin % (8q)%
Data: Operating margin % (8q) — default top-5
PeriodVOITHPAPR (%)GHCLTEXTIL (%)JINDWORLD (%)VTMLTD (%)Sector avg (%)
Jun 2428.510.09.014.015.4
Sep 2425.39.08.018.315.1
Dec 2423.78.08.025.916.4
Mar 2528.511.08.017.016.1
Jun 2529.711.07.011.714.9
Sep 2526.611.05.05.612.1
Dec 2528.69.04.07.012.2
Mar 26–11.06.06.67.9
Latest reported ROCE / ROE (single latest reading, not a trend)%
Data: Latest reported ROCE / ROE (single latest reading, not a trend) — default top-5
PeriodVOITHPAPR (%)GHCLTEXTIL (%)JINDWORLD (%)VTMLTD (%)Sector avg (%)
ROCE %14.75.88.95.48.7
ROE %10.94.38.54.37.0
10-year valuation percentile (latest)percentile
Data: 10-year valuation percentile (latest) — default top-5
PeriodVOITHPAPR (percentile)GHCLTEXTIL (percentile)JINDWORLD (percentile)VTMLTD (percentile)Sector avg (percentile)
10y percentile12.040.047.098.049.3

Interactive charts default to the five strongest performers by 1-year price return; use the rail to add or remove any constituent, globally or per chart. Non-interactive readers see the same numbers in each chart’s data table.

Data as of 2026-07-01

How they're scaling

In the latest reported quarter (2025-12), constituents together booked ₹1,031 Cr of revenue (-2.2% year-on-year) and ₹39.0 Cr of profit (-26.4%).revenuepat

On the annual arc, aggregate profit grew 40% to ₹217 Cr in 2025.pat

Aggregate quarterly revenue₹ Cr
05001,000Jun 23Jun 24Jun 25Mar 26
Data: Aggregate quarterly revenue
PeriodRevenue (₹ Cr)Reporters
Jun 237654
Sep 237474
Dec 237754
Mar 249694
Jun 248844
Sep 241,0014
Dec 241,0544
Mar 251,0514
Jun 259334
Sep 251,0544
Dec 251,0314
Mar 26–3
Aggregate quarterly profit₹ Cr
020.040.060.0Jun 23Jun 24Jun 25Mar 26
Data: Aggregate quarterly profit
PeriodProfit after tax (₹ Cr)
Jun 2333
Sep 2334
Dec 2339
Mar 2449
Jun 2445
Sep 2458
Dec 2453
Mar 2560
Jun 2548
Sep 2542
Dec 2539
Mar 26–
Aggregate operating margin%
8.010.0Jun 23Jun 24Jun 25Mar 26
Data: Aggregate operating margin
PeriodOPM (%)
Jun 2310.0
Sep 2310.0
Dec 2311.5
Mar 2410.1
Jun 2410.9
Sep 2410.1
Dec 2410.5
Mar 2510.8
Jun 2510.1
Sep 258.3
Dec 257.3
Mar 26–
Aggregate profit by year₹ Cr
01002002015201920232026
Data: Aggregate profit by year
PeriodProfit after tax (₹ Cr)
201556
201664
201792
201885
201964
202065
202181
2022153
2023157
2024155
2025217
2026–
Aggregate operating margin by year%
8.010.012.014.02015201920232026
Data: Operating margin by year
PeriodOPM (%)
201511.1
201614.1
201712.5
201811.7
20199.8
20207.6
20218.6
20229.6
202312.1
202410.4
202510.6
2026–

Data as of 2026-06-27

The WHY behind the numbers

Sector profit moved from ₹155 Cr to ₹217 Cr (+40% year-on-year) — the decomposition attributes the larger share to the revenue side (demand and volumes).pat

Sector revenue moved from ₹3,256 Cr to ₹3,984 Cr (+22.4% year-on-year).revenue

The aggregate P/E moved from 45× to 21.9× (-51.3%) while sector profits moved +41.8% — earnings led the multiple — the durable pattern.pe

Participation check: the share of constituents above their 200-day average moved 31%→42% across the trailing weeks — the move is broadening.pct_above_200dma

✓Sector ΣPAT (annual YoY)+40.0%

Sector ΣPAT +40% YoY — dominant leg: revenue (volume/demand-led — the durable kind).

pat
✓Sector Σrevenue (annual YoY)+22.4%

Sector Σrevenue +22.4% YoY — confirm it is demand/volume-led across constituents, not price/base.

revenue
✓Sector PE re-rating (12q)−51.3%

Sector PE moved -51.3% but aggregate ΣPAT rose +41.8% over ~3y — EARNINGS led the multiple (the durable pattern). The re-rating is backed by real aggregate earnings.

peprice_idxpat
✓Sector breadth trend (% above 200-DMA)+33.3%

Sector breadth WIDENING — % above 200-DMA 31→42% over the trailing weeks: broad participation corroborates a genuine sector-wide turn rather than a few-name move.

pct_above_200dmapct_outperforming

Research view from 2026-06-27

Capital cycle

Ownership: institutional (FII+DII) holdings moved -0.49 percentage points over four quarters; promoter stakes moved +0.16 points over two.fii_dii_delta_4qpromoter_delta_2q

Constituents spent ₹183 Cr on capex in the trailing twelve months (-1.1% year-on-year), with gross block growing +3.9%.capex_ttm_sum_crcapex_yoy_pct

On the deterministic capital-flow read, money is neither decisively entering nor leaving this industry.read

capital neutral
FII+DII (4q)−0.50 pp
Promoter (2q)+0.16 pp
Capex TTM₹183 Cr
Capex YoY−1.1%
Gross block+3.9%

Research view from 2026-06-27

Valuation vs its own history

The sector trades at an aggregate P/E of 21.91× against a range of 9.92–78.94× over its 40-quarter history.pe

The median constituent sits at the 47th percentile of its own 10-year valuation range.percentile

P/E 21.9×47th percentile of its 10-yr range
Aggregate P/E vs its own history×
20.040.060.080.0P/E2016-062019-122023-062026-03
Data: Aggregate P/E and price index
PeriodP/E (×)Price index
Jun 1610.7100
Sep 1611.1104
Dec 1611.1104
Mar 179.9133
Jun 1718.0242
Sep 1724.0322
Dec 1731.1417
Mar 1835.2436
Jun 1829.4365
Sep 1822.8283
Dec 1821.9272
Mar 1929.6276
Jun 1927.6257
Sep 1925.8241
Dec 1926.9251
Mar 2015.1143
Jun 2023.1219
Sep 2022.3211
Dec 2025.7244
Mar 2119.4229
Jun 2123.7281
Sep 2132.4383
Dec 2165.5774
Mar 2243.3966
Jun 2234.4769
Sep 2240.1895
Dec 2260.81,357
Mar 2345.01,031
Jun 2350.31,049
Sep 2378.91,252
Dec 2353.81,039
Mar 2452.21,072
Jun 2453.61,193
Sep 2447.81,218
Dec 2455.61,520
Mar 2543.21,241
Jun 2537.81,100
Sep 2528.8776
Dec 2527.4685
Mar 2621.9557

Data as of 2026-06-27

The companies

4 companies make up this sector, led by Jindal Worldwide Ltd at ₹3,097 Cr of market value.constituents

CompanyPrice1yStageRS10y val %
Jindal Worldwide Ltd₹30.3−38.6%4-1.947
GHCL Textiles Ltd₹97.1+4.0%219.540
Voith Paper Fabrics India Ltd₹1,538+6.0%4-10.212
VTM Ltd₹62.1−46.8%4-17.498

Data as of 2026-07-01

What is NOT happening

Institutional money is NOT yet crowding in: FII+DII holdings moved just -0.67 percentage points across constituents over the last two quarters — the capital-flow read is neutral.fii_dii_delta_2qread

  • Institutional money is NOT yet crowding in: FII+DII holdings moved just -0.67 percentage points across constituents over the last two quarters — the capital-flow read is neutral.

Data as of 2026-07-01

Frequently asked questions

Straight answers from the data

What is the Textiles - General sector?

The Textiles - General sector groups 4 listed companies with a combined market value of ₹5,272 Cr, led by Jindal Worldwide Ltd, GHCL Textiles Ltd, Voith Paper Fabrics India Ltd. 1 of 4 constituents are currently in confirmed price uptrends.

Which stocks are in the Textiles - General sector?

The largest Textiles - General companies by market value are Jindal Worldwide Ltd (₹3,097 Cr), GHCL Textiles Ltd (₹885 Cr), Voith Paper Fabrics India Ltd (₹675 Cr), VTM Ltd (₹615 Cr).

What are the best-performing Textiles - General stocks?

By 1-year price return as of 1 July 2026, the strongest Textiles - General stocks are Voith Paper Fabrics India Ltd (+6.0%), GHCL Textiles Ltd (+4.0%), Jindal Worldwide Ltd (−39%), VTM Ltd (−47%). These are descriptive price moves measured from weekly Screener closes, not recommendations.

Is the Textiles - General sector in an uptrend?

1 of 4 Textiles - General constituents are in Stage-2 price uptrends, 1 trade above their 200-day average, and 1 are beating the NIFTY 500 on relative strength. Sector relative strength reads 21.4, in the consolidation quadrant of the rotation map, falling over a 10-week streak.

How many Textiles - General stocks trade above their 200-day average?

1 of 4 Textiles - General constituents currently trade above their 200-day moving average. Over the trailing ~20 weeks, that share moved from 25% to 33% — participation is widening.

Is the Textiles - General sector expensive versus its own history?

The Textiles - General sector trades at an aggregate P/E of 21.9× against a 9.92–78.9× band over its own history. The median constituent sits at the 47th percentile of its own 10-year P/E range, around the middle of its own historical range.

Is money entering or leaving the Textiles - General sector?

On Sector Alpha's deterministic capital-flow read, money is neither clearly entering nor leaving the Textiles - General sector. Institutional (FII+DII) holdings moved −0.50 percentage points across constituents over the last four quarters, and constituents grew capex −1.1% year-on-year.

How fast is the Textiles - General sector growing?

In the latest reported quarter (December 2025), Textiles - General constituents together booked ₹1,031 Cr of revenue, −2.2% year-on-year, with aggregate profit −26.4% year-on-year. Figures aggregate Screener-scraped quarterly filings across the sector.

How are Textiles - General operating margins trending?

Aggregate Textiles - General operating margin was 7.3% in the latest reported quarter (December 2025), versus 10.5% a year earlier — margins are softening.

What is the bull case for the Textiles - General sector?

Early margin recovery off a depressed base (GHCL Textiles +94.8% PAT, 98% utilization) aided by textile PLI and a 14-year-high capex cycle, but cotton-cost headwinds and weak global/export demand cap the upside — bifurcated, thin evidence. Aggregate PAT compounded from 157 Cr in 2023 to 217 Cr in 2025.

What could change the view on the Textiles - General sector?

A quarterly print showing a definitive clearing of US tariff uncertainty combined with a normalization of domestic vs global cotton spreads, allowing the newly deployed PLI capex to convert into export market-share gains without margin compression. Also worth noting: institutional money is NOT yet crowding in: FII+DII holdings moved just -0.67 percentage points across constituents over the last two quarters — the capital-flow read is neutral.

What is the research view on the Textiles - General sector?

Sector Alpha does not publish trading recommendations or price calls — this is a research read, not advice. What the data says: turning around · mixed. The curve presents a healthy, fairly-priced consolidation (earnings-led de-rating to 18th percentile PE), but qual and social fail to provide the near-term catalyst or conviction to study further. Every number on this page traces to its source column; it is machine-written research, not investment advice.

Should I invest in the Textiles - General sector?

Sector Alpha does not publish sector allocations or trading calls — for Textiles - General or any sector. What this page provides is a data-first read: how many constituents are in confirmed uptrends, how the sector's valuation compares with its own history, where earnings sit in their cycle, and whether capital is entering or leaving. Use it to study the sector on the evidence, then do your own diligence.

What is the Textiles - General sector's relative-strength position?

Textiles - General relative strength reads 21.4 on Sector Alpha's rotation map, placing it in the consolidation quadrant. Relative strength is falling and has held for 10 weeks. A positive, rising relative-strength trend means the sector has been outperforming the broad market week after week.

Generated from Screener data · 10 sources · sector_why_traces/1.0 + sector-story/1.0 · BRONZE

Machine-compiled sector commentary derived from the constituent companies. Descriptive research only — Sector Alpha does not publish sector allocations, price targets, or buy/sell calls. Not investment advice.