Textiles - Readymade Apparel — sector analysis & key numbers
Textiles - Readymade Apparel is turning around off a trough: 8 of 25 constituents are in price uptrends, and aggregate profit grew 9% in the latest year.
Textiles - Readymade Apparel groups 26 listed companies worth ₹3,24,203 Cr combined, and 8 of 25 are in confirmed price uptrends. Aggregate profit moved +17.6% year-on-year in the latest reported quarter. The sector trades at an aggregate P/E of 62.0×, at the 34th percentile of its own history.
Data as of 1 July 2026 · every number traces to its Screener source column · not investment advice.
- Companies
- 26
- Total market cap
- ₹3,24,203 Cr
- Relative strength
- 28.3
- RRG quadrant
- leaders
- Weeks in streak
- 12
- In Stage-2 uptrend
- 8 of 25
- Above 200-DMA
- 10 of 25
- Beating NIFTY 500
- 10 of 25
- Latest-quarter revenue
- ₹23,214 Cr
- Latest-quarter profit
- ₹797 Cr
- Aggregate P/E
- 62.0×
- Valuation percentile
- 34th of its own history
- Sector wind
- tailwind
- Data as of
- 1 July 2026
The research read on Textiles - Readymade Apparel: turning around off a trough.lifecycle_bucket
Curve and qual agree the sector is turning up off a margin trough, but they also agree it is a stock-pickers' turn, and that is what holds conviction in check. The curve is earnings-led (ΣPAT +52.4% vs PE +0.6%) and fairly priced (trailing PE 62 at the 42nd %ile, normalized 65.1 at the 44th — they agree, OPM mid-cycle at the 67th %ile). QUAL is the freshest signal: early recovery, margins bottoming 7.7%→9.5% FY27, exports inflecting +8-11% on the US tariff cut, ICRA upgraded to Stable. Capital_flows reinforces the turn setup — read neutral but decomposing to institutions absent (FII+DII Δ4q -0.30pp, promoter Δ2q -0.67pp) on a capex supply withdrawal (capex -12.44% YoY, CWIP -10.95%), labelled an ideal trough setup: nobody is crowding in and supply is being withheld while fundamentals inflect. The hard caveat is concentration and bifurcation: TRENT carried 64% of the 3-year ΔPAT while ABFRL dragged -37.2%, and the qual's own verdict is 'study the scalers, not the sector' (Vishal Mega Mart / V-Mart / Arvind scaling vs Go Colors negative SSSG, SP Apparels -8% rev). SOCIAL is thin and cannot adjudicate. A confirming-RRG turn (rs_3m +20.56, rrg 73.9) with an earnings-led, fairly-priced curve and an ideal trough capital setup earns a respectable score, but the heavyweight concentration, GST/cotton-cost friction and thin social keep it out of high-conviction territory.synthesis
What would change this view: The FY27 export rebound (+8-11% per ICRA) fails to show up and the garment-manufacturing margin stays pinned at the ~7.7% trough while TRENT's contribution rolls over — then the 'sector turn' was one stock's compounding, not a sector inflection, and the bifurcated laggards (SP Apparels -8% rev, Go Colors negative SSSG) define the real aggregate. The disproving prints are sector OPM failing to lift off ~14% with the export cohort still contracting (annual_fundamentals.opm) and TRENT's PAT contribution fading (top_contributors).would_change_my_mind
An early-recovery margin trough plus a US tariff cut (63%->18%) and Bangladesh share-shift turn the export thesis, while domestic premiumisation drives a clear leader-vs-laggard SSSG bifurcation — selective study further.one_line_thesis
- ✓Aggregate revenue grew to Rs 91,268 Cr (2026, +13.6% YoY); PAT recovered to Rs 3,657 Cr after dipping from a Rs 5,484 Cr FY24 peak to Rs 3,367 Cr FY25. · pat)
- ⚠OPM is stable around 14% across the decade and sits at the 67th percentile, mid-cycle, on a low 1.89x amplitude. · curve.annual_fundamentals.opm)
- ⚠Trailing PE 62 at the 42nd percentile; normalized PE 65.1 at the 44th percentile (Δ-2 pts) — surface and normalized agree, fairly priced. · verdict)
- ⚠Deterministic curve_move_driver = earnings-led: aggregate earnings +52.4% over ~3y vs multiple +0.6% over 12q, price idx +75.2%. · textiles-readymade-apparel.json (sector_cycle_deterministic.curve_move_driver)
- ⚠TRENT drove +Rs 1,327 Cr ΔPAT (64% of the aggregate move) while ABFRL dragged -Rs 771 Cr (-37.2%) and VMM lifted +Rs 518 Cr (25%) — a heavyweight-concentrated aggregate. · textiles-readymade-apparel.json (sector_cycle_deterministic.top_contributors.top)
- ✓Qual q3 early recovery: operating margins bottoming ~7.7% FY26 recovering to ~9.5% FY27; FY26 exports fell to $35.7B but projected +8-11% in FY27 on US trade relief; ICRA outlook upgraded to Stable. · q3_cycle_position)
- ✓sector_wind a tailwind on the US-India trade deal cutting apparel tariffs from ~63% toward 18% plus Bangladesh share-shift, tempered by the domestic GST 12%→18% hike and cotton/crude feedstock volatility. · textiles-readymade-apparel.json (qual.q5_geopolitical_macro)
- ✓Tijori SSSG bifurcation: Vishal Mega Mart +13.2% SSSG / 74.1% private label, V-Mart +12% SSSG / +220 bps EBITDA, Arvind B2C mix +56% lifting ROCE to a record 23% vs Go Colors negative SSSG — qual verdict 'study the scalers, not the sector'. · q6_deploy_verdict)
Research view from 2026-06-27
8 of 25 constituents are in Stage-2 price uptrends, 10 trade above their 200-day averages, and 10 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 40% to 42% — participation is steady.breadth_series
Sector relative strength stands at 28.3, in the leaders quadrant of the rotation map, with relative strength rising over a 12-week streak.current_rsquadrant
Recent stage changes: KARNIKA (stage 4→2).stage
Data: Breadth trend
| Period | % above 200-DMA (%) | % beating NIFTY (%) |
|---|---|---|
| Feb 26 | 40.0 | 29.2 |
| Feb 26 | 28.0 | 25.0 |
| Feb 26 | 12.0 | 29.2 |
| Mar 26 | 8.0 | 16.7 |
| Mar 26 | 8.0 | 16.7 |
| Mar 26 | 8.0 | 20.8 |
| Mar 26 | 4.0 | 20.8 |
| Mar 26 | 15.4 | 38.5 |
| Apr 26 | 38.5 | 53.8 |
| Apr 26 | 33.3 | 26.1 |
| Apr 26 | 33.3 | 30.4 |
| Apr 26 | 33.3 | 26.1 |
| May 26 | 33.3 | 30.4 |
| May 26 | 29.2 | 30.4 |
| May 26 | 33.3 | 30.4 |
| May 26 | 33.3 | 30.4 |
| Jun 26 | 37.5 | 34.8 |
| Jun 26 | 37.5 | 34.8 |
| Jun 26 | 50.0 | 45.8 |
| Jun 26 | 41.7 | 41.7 |
Data as of 2026-07-01
Top performers by 1-year price return: SBC Exports Ltd (+179.4%), Pearl Global Industries Ltd (+31.7%), S P Apparels Ltd (+31%), Iris Clothings Ltd (+26.4%), V2 Retail Ltd (+23.9%).price
Data: Indexed price (base 100, ~52 weeks) — default top-5
| Period | SBC (index) | PGIL (index) | SPAL (index) | IRISDOREME (index) | V2RETAIL (index) | Sector avg (index) |
|---|---|---|---|---|---|---|
| Jul 25 | 100 | 100 | 100 | 100 | 100 | 100 |
| Jul 25 | 103 | 104 | 95.9 | 97.6 | 98.4 | 100 |
| Jul 25 | 108 | 101 | 98.3 | 95.6 | 101 | 98.9 |
| Aug 25 | 111 | 92.4 | 93.1 | 98.3 | 92.2 | 95.7 |
| Aug 25 | 109 | 88.2 | 88.1 | 103 | 90.1 | 92.6 |
| Aug 25 | 117 | 83.2 | 91.4 | 105 | 89.7 | 92.5 |
| Aug 25 | 117 | 89.7 | 87.2 | 100 | 89.8 | 97.4 |
| Aug 25 | 118 | 81.7 | 86.3 | 99.1 | 90.2 | 95.3 |
| Sep 25 | 126 | 79.7 | 87.1 | 100 | 85.4 | 97.8 |
| Sep 25 | 135 | 88.6 | 88.3 | 98.1 | 84.3 | 98.9 |
| Sep 25 | 132 | 91.6 | 92.0 | 99.7 | 97.0 | 102 |
| Sep 25 | 134 | 84.8 | 84.3 | 100 | 98.5 | 96.4 |
| Oct 25 | 137 | 82.7 | 86.8 | 100 | 116 | 99.8 |
| Oct 25 | 141 | 86.2 | 84.2 | 106 | 124 | 99.1 |
| Oct 25 | 144 | 89.3 | 82.2 | 103 | 121 | 98.3 |
| Oct 25 | 144 | 93.0 | 83.9 | 107 | 117 | 101 |
| Oct 25 | 148 | 87.2 | 87.8 | 104 | 128 | 99.6 |
| Nov 25 | 151 | 90.3 | 80.0 | 101 | 117 | 98.4 |
| Nov 25 | 152 | 112 | 93.1 | 105 | 124 | 99.1 |
| Nov 25 | 163 | 115 | 94.2 | 106 | 122 | 98.2 |
| Nov 25 | 164 | 112 | 93.0 | 103 | 128 | 97.1 |
| Dec 25 | 170 | 106 | 89.6 | 104 | 117 | 94.0 |
| Dec 25 | 173 | 105 | 86.3 | 112 | 116 | 94.0 |
| Dec 25 | 175 | 110 | 84.4 | 113 | 116 | 92.8 |
| Dec 25 | 175 | 105 | 83.0 | 119 | 125 | 93.3 |
| Jan 26 | 176 | 110 | 84.3 | 117 | 127 | 93.9 |
| Jan 26 | 178 | 100 | 81.0 | 106 | 115 | 87.4 |
| Jan 26 | 178 | 97.1 | 75.5 | 104 | 107 | 86.5 |
| Jan 26 | 184 | 92.0 | 76.4 | 97.5 | 95.3 | 82.9 |
| Feb 26 | 180 | 106 | 80.8 | 104 | 105 | 85.0 |
| Feb 26 | 190 | 122 | 84.1 | 106 | 104 | 89.4 |
| Feb 26 | 189 | 105 | 90.0 | 112 | 106 | 90.6 |
| Feb 26 | 198 | 103 | 87.1 | 103 | 104 | 87.7 |
| Feb 26 | 199 | 102 | 84.0 | 101 | 104 | 83.9 |
| Mar 26 | 200 | 100 | 81.4 | 97.6 | 101 | 80.0 |
| Mar 26 | 198 | 96.8 | 82.5 | 92.7 | 101 | 76.8 |
| Mar 26 | 195 | 98.6 | 84.9 | 92.5 | 99.8 | 77.4 |
| Mar 26 | 192 | 92.2 | 83.2 | 87.3 | 103 | 75.3 |
| Apr 26 | 189 | 98.4 | 85.2 | 98.2 | 100 | 89.8 |
| Apr 26 | 206 | 102 | 90.6 | 100 | 103 | 97.3 |
| Apr 26 | 204 | 109 | 90.8 | 111 | 101 | 86.9 |
| Apr 26 | 206 | 102 | 92.8 | 111 | 106 | 87.5 |
| Apr 26 | 208 | 102 | 96.3 | 113 | 104 | 86.7 |
| May 26 | 212 | 106 | 96.5 | 117 | 115 | 90.7 |
| May 26 | 207 | 111 | 92.8 | 112 | 119 | 86.5 |
| May 26 | 239 | 107 | 92.2 | 112 | 122 | 87.6 |
| May 26 | 243 | 110 | 92.9 | 112 | 120 | 87.9 |
| Jun 26 | 229 | 110 | 96.5 | 115 | 130 | 88.4 |
| Jun 26 | 231 | 108 | 94.5 | 115 | 117 | 86.9 |
| Jun 26 | 269 | 119 | 122 | 125 | 124 | 93.8 |
| Jun 26 | 257 | 137 | 131 | 124 | 116 | 93.0 |
| Jul 26 | 259 | 138 | 133 | 139 | 125 | 94.1 |
Data: Quarterly revenue (8q) — default top-5
| Period | SBC (₹ Cr) | PGIL (₹ Cr) | SPAL (₹ Cr) | IRISDOREME (₹ Cr) | V2RETAIL (₹ Cr) | Sector avg (₹ Cr) |
|---|---|---|---|---|---|---|
| Jun 24 | 66.0 | 1,053 | 245 | 31.0 | 415 | 756 |
| Sep 24 | 66.0 | 1,202 | 391 | 41.0 | 380 | 829 |
| Dec 24 | 72.0 | 1,023 | 359 | 33.0 | 591 | 970 |
| Mar 25 | 96.0 | 1,229 | 399 | 40.0 | 499 | 876 |
| Jun 25 | 72.0 | 1,228 | 403 | 37.0 | 632 | 910 |
| Sep 25 | 85.0 | 1,313 | 427 | 44.0 | 709 | 980 |
| Dec 25 | 104 | 1,170 | 383 | 49.0 | 929 | 1,084 |
| Mar 26 | 142 | 1,314 | 365 | 60.0 | 797 | 1,055 |
Data: Quarterly net profit (8q) — default top-5
| Period | SBC (₹ Cr) | PGIL (₹ Cr) | SPAL (₹ Cr) | IRISDOREME (₹ Cr) | V2RETAIL (₹ Cr) | Sector avg (₹ Cr) |
|---|---|---|---|---|---|---|
| Jun 24 | 5.0 | 62.0 | 18.0 | 2.0 | 16.0 | 27.9 |
| Sep 24 | 5.0 | 56.0 | 22.0 | 4.0 | -2.0 | 27.2 |
| Dec 24 | 4.0 | 48.0 | 24.0 | 2.0 | 51.0 | 64.8 |
| Mar 25 | 4.0 | 65.0 | 30.0 | 4.0 | 6.0 | 29.3 |
| Jun 25 | 3.0 | 66.0 | 21.0 | 3.0 | 25.0 | 32.8 |
| Sep 25 | 11.0 | 72.0 | 35.0 | 4.0 | 17.0 | 32.4 |
| Dec 25 | 11.0 | 52.0 | 27.0 | 3.0 | 103 | 60.7 |
| Mar 26 | 8.0 | 81.0 | 19.0 | 6.0 | 18.0 | 36.2 |
Data: Operating margin % (8q) — default top-5
| Period | SBC (%) | PGIL (%) | SPAL (%) | IRISDOREME (%) | V2RETAIL (%) | Sector avg (%) |
|---|---|---|---|---|---|---|
| Jun 24 | 9.2 | 9.0 | 13.0 | 18.9 | 13.0 | 15.3 |
| Sep 24 | 8.7 | 8.0 | 13.0 | 19.2 | 9.0 | 15.7 |
| Dec 24 | 2.5 | 9.0 | 14.0 | 18.1 | 19.0 | 17.4 |
| Mar 25 | 4.7 | 10.0 | 14.0 | 20.2 | 12.0 | 14.1 |
| Jun 25 | 7.5 | 9.0 | 13.0 | 14.1 | 14.0 | 13.8 |
| Sep 25 | 12.1 | 9.0 | 15.0 | 15.9 | 12.0 | 13.5 |
| Dec 25 | 11.3 | 8.0 | 14.0 | 12.4 | 19.0 | 16.0 |
| Mar 26 | 4.2 | 10.0 | 12.0 | 17.9 | 14.0 | 13.0 |
Data: Latest reported ROCE / ROE (single latest reading, not a trend) — default top-5
| Period | SBC (%) | PGIL (%) | SPAL (%) | IRISDOREME (%) | V2RETAIL (%) | Sector avg (%) |
|---|---|---|---|---|---|---|
| ROCE % | 18.2 | 19.2 | 14.0 | 16.0 | 18.3 | 14.5 |
| ROE % | 37.2 | 21.3 | 11.2 | 14.4 | 22.7 | 14.4 |
Data: 10-year valuation percentile (latest) — default top-5
| Period | SBC (percentile) | PGIL (percentile) | SPAL (percentile) | IRISDOREME (percentile) | V2RETAIL (percentile) | Sector avg (percentile) |
|---|---|---|---|---|---|---|
| 10y percentile | 91.0 | 95.0 | 98.0 | 78.0 | 45.0 | 38.5 |
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
In the latest reported quarter (2026-03), constituents together booked ₹23,214 Cr of revenue (+14.7% year-on-year) and ₹797 Cr of profit (+17.6%).revenuepat
Reporting honesty note: 22 of the constituents have reported this quarter versus 24 a year ago, so part of the year-on-year change is composition, not like-for-like growth.reporters
On the annual arc, aggregate profit grew 9% to ₹3,657 Cr in 2026.pat
Data: Aggregate quarterly revenue
| Period | Revenue (₹ Cr) | Reporters |
|---|---|---|
| Jun 23 | 11,682 | 22 |
| Sep 23 | 14,343 | 23 |
| Dec 23 | 19,072 | 24 |
| Mar 24 | 15,631 | 24 |
| Jun 24 | 18,220 | 25 |
| Sep 24 | 20,010 | 25 |
| Dec 24 | 22,396 | 24 |
| Mar 25 | 20,236 | 24 |
| Jun 25 | 21,022 | 24 |
| Sep 25 | 22,665 | 24 |
| Dec 25 | 25,028 | 24 |
| Mar 26 | 23,214 | 22 |
Data: Aggregate quarterly profit
| Period | Profit after tax (₹ Cr) |
|---|---|
| Jun 23 | 297 |
| Sep 23 | 463 |
| Dec 23 | 1,274 |
| Mar 24 | 1,155 |
| Jun 24 | 673 |
| Sep 24 | 656 |
| Dec 24 | 1,494 |
| Mar 25 | 678 |
| Jun 25 | 761 |
| Sep 25 | 752 |
| Dec 25 | 1,399 |
| Mar 26 | 797 |
Data: Aggregate operating margin
| Period | OPM (%) |
|---|---|
| Jun 23 | 12.5 |
| Sep 23 | 13.0 |
| Dec 23 | 16.6 |
| Mar 24 | 12.5 |
| Jun 24 | 12.8 |
| Sep 24 | 12.8 |
| Dec 24 | 15.8 |
| Mar 25 | 12.8 |
| Jun 25 | 13.1 |
| Sep 25 | 12.7 |
| Dec 25 | 16.3 |
| Mar 26 | 13.4 |
Data: Aggregate profit by year
| Period | Profit after tax (₹ Cr) |
|---|---|
| 2015 | 345 |
| 2016 | 382 |
| 2017 | 366 |
| 2018 | 646 |
| 2019 | 1,201 |
| 2020 | 472 |
| 2021 | -759 |
| 2022 | 1,336 |
| 2023 | 2,399 |
| 2024 | 5,484 |
| 2025 | 3,367 |
| 2026 | 3,657 |
Data: Operating margin by year
| Period | OPM (%) |
|---|---|
| 2015 | 7.7 |
| 2016 | 9.5 |
| 2017 | 8.7 |
| 2018 | 9.8 |
| 2019 | 9.7 |
| 2020 | 13.4 |
| 2021 | 11.3 |
| 2022 | 14.6 |
| 2023 | 14.1 |
| 2024 | 14.0 |
| 2025 | 13.7 |
| 2026 | 14.0 |
Data as of 2026-06-27
Sector revenue moved from ₹80,330 Cr to ₹91,268 Cr (+13.6% year-on-year).revenue
Participation check: the share of constituents above their 200-day average moved 22%→42% across the trailing weeks — the move is broadening.pct_above_200dma
Sector Σrevenue +13.6% YoY — confirm it is demand/volume-led across constituents, not price/base.
revenueSector breadth WIDENING — % above 200-DMA 22→42% over the trailing weeks: broad participation corroborates a genuine sector-wide turn rather than a few-name move.
pct_above_200dmapct_outperformingResearch view from 2026-06-27
Ownership: institutional (FII+DII) holdings moved -0.3 percentage points over four quarters; promoter stakes moved -0.67 points over two.fii_dii_delta_4qpromoter_delta_2q
Constituents spent ₹5,235 Cr on capex in the trailing twelve months (-12.4% year-on-year), with gross block growing +13.3%.capex_ttm_sum_crcapex_yoy_pct
On the deterministic capital-flow read, money is neither decisively entering nor leaving this industry.read
Research view from 2026-06-27
The sector trades at an aggregate P/E of 62.04× against a range of 36.51–597.86× over its 40-quarter history.pe
The median constituent sits at the 34th percentile of its own 10-year valuation range.percentile
Data: Aggregate P/E and price index
| Period | P/E (×) | Price index |
|---|---|---|
| Jun 16 | 37.1 | 100 |
| Sep 16 | 39.1 | 103 |
| Dec 16 | 36.5 | 99 |
| Mar 17 | 51.4 | 118 |
| Jun 17 | 50.9 | 125 |
| Sep 17 | 58.9 | 137 |
| Dec 17 | 67.7 | 158 |
| Mar 18 | 62.0 | 151 |
| Jun 18 | 61.0 | 147 |
| Sep 18 | 59.8 | 152 |
| Dec 18 | 60.0 | 157 |
| Mar 19 | 50.6 | 163 |
| Jun 19 | 47.2 | 152 |
| Sep 19 | 45.8 | 147 |
| Dec 19 | 47.5 | 153 |
| Mar 20 | 408.3 | 110 |
| Jun 20 | 496.3 | 134 |
| Sep 20 | 541.6 | 146 |
| Dec 20 | 597.9 | 162 |
| Mar 21 | – | 179 |
| Jun 21 | – | 221 |
| Sep 21 | – | 260 |
| Dec 21 | – | 277 |
| Mar 22 | 115.7 | 295 |
| Jun 22 | 95.2 | 256 |
| Sep 22 | 123.8 | 337 |
| Dec 22 | 114.8 | 319 |
| Mar 23 | 61.7 | 285 |
| Jun 23 | 74.9 | 343 |
| Sep 23 | 108.7 | 388 |
| Dec 23 | 114.8 | 477 |
| Mar 24 | 91.9 | 522 |
| Jun 24 | 110.6 | 689 |
| Sep 24 | 125.1 | 942 |
| Dec 24 | 106.5 | 890 |
| Mar 25 | 88.4 | 668 |
| Jun 25 | 100.8 | 766 |
| Sep 25 | 86.6 | 686 |
| Dec 25 | 81.0 | 630 |
| Mar 26 | 62.0 | 499 |
Data as of 2026-06-27
25 companies make up this sector, led by Trent Ltd at ₹1,71,498 Cr of market value.constituents
| Company | Price | 1y | Stage | RS | 10y val % |
|---|---|---|---|---|---|
| Trent Ltd | ₹3,290 | −39.7% | 4 | 11.1 | 8 |
| Vishal Mega Mart Ltd | ₹117 | −9.7% | 4 | -10.4 | 0 |
| Aditya Birla Lifestyle Brands Ltd | ₹96.1 | −39.7% | 4 | -19.5 | 0 |
| Vedant Fashions Ltd | ₹402 | −51.5% | 4 | -27.6 | 0 |
| Pearl Global Industries Ltd | ₹2,088 | +31.7% | 2 | 36.5 | 95 |
| V2 Retail Ltd | ₹238 | +23.9% | 2 | 14.3 | 45 |
| Aditya Birla Fashion & Retail Ltd | ₹58.7 | −25.1% | 4 | -18.3 | – |
| Arvind Fashions Ltd | ₹470 | +4.3% | 4 | -2.6 | 7 |
| Gokaldas Exports Ltd | ₹889 | −4.6% | 4 | 18.0 | 97 |
| V-Mart Retail Ltd | ₹797 | +0.8% | 4 | 13.7 | 35 |
| Raymond Lifestyle Ltd | ₹773 | −39.8% | 4 | -21.9 | 17 |
| Lux Industries Ltd | ₹1,236 | −14.7% | 2 | 2.0 | 67 |
| Kitex Garments Ltd | ₹160 | −43.1% | 4 | -14.3 | – |
| Kewal Kiran Clothing Ltd | ₹504 | −13.0% | 4 | 1.2 | 34 |
| S P Apparels Ltd | ₹1,119 | +31.0% | 2 | 46.6 | 98 |
| Baazar Style Retail Ltd | ₹293 | −1.0% | 2 | -7.1 | 56 |
| Go Fashion (India) Ltd | ₹376 | −58.4% | 4 | -23.3 | 18 |
| SBC Exports Ltd | ₹41.9 | +179.4% | 2 | 47.9 | 91 |
| Cantabil Retail India Ltd | ₹242 | −11.2% | 4 | -4.8 | 14 |
| Sai Silks (Kalamandir) Ltd | ₹106 | −35.0% | 4 | -23.3 | 0 |
| Monte Carlo Fashions Ltd | ₹561 | −7.5% | 4 | -7.7 | 6 |
| Karnika Industries Ltd | ₹121 | −5.5% | 2 | -13.9 | – |
| Iris Clothings Ltd | ₹44.3 | +26.4% | 2 | 31.1 | 78 |
| Credo Brands Marketing Ltd | ₹86.0 | −48.4% | 4 | -14.9 | 25 |
| Thomas Scott India Ltd | ₹251 | −19.6% | 4 | -17.3 | 55 |
Data as of 2026-07-01
Headwind chain: K-shaped recovery where high-income consumers drive discretionary spending. Also touches: Hospitals/Medical Services, Hotels, Watches.triggermechanism
K-shaped recovery where high-income consumers drive discretionary spending.
Strong demand for premium healthcare, hospitality, and accessories drives margin expansion.
Research view from 2026-06-27
Institutional money is NOT yet crowding in: FII+DII holdings moved just -0.48 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 -0.48 percentage points across constituents over the last two quarters — the capital-flow read is neutral.
Data as of 2026-07-01
Straight answers from the data
What is the Textiles - Readymade Apparel sector?
The Textiles - Readymade Apparel sector groups 26 listed companies with a combined market value of ₹3,24,203 Cr, led by Trent Ltd, Vishal Mega Mart Ltd, Aditya Birla Lifestyle Brands Ltd. 8 of 25 constituents are currently in confirmed price uptrends.
Which stocks are in the Textiles - Readymade Apparel sector?
The largest Textiles - Readymade Apparel companies by market value are Trent Ltd (₹1,71,498 Cr), Vishal Mega Mart Ltd (₹55,635 Cr), Aditya Birla Lifestyle Brands Ltd (₹11,909 Cr), Vedant Fashions Ltd (₹9,996 Cr), Pearl Global Industries Ltd (₹9,565 Cr), V2 Retail Ltd (₹8,067 Cr), Aditya Birla Fashion & Retail Ltd (₹7,518 Cr), Arvind Fashions Ltd (₹6,270 Cr).
What are the best-performing Textiles - Readymade Apparel stocks?
By 1-year price return as of 1 July 2026, the strongest Textiles - Readymade Apparel stocks are SBC Exports Ltd (+179%), Pearl Global Industries Ltd (+32%), S P Apparels Ltd (+31%), Iris Clothings Ltd (+26%), V2 Retail Ltd (+24%). These are descriptive price moves measured from weekly Screener closes, not recommendations.
Is the Textiles - Readymade Apparel sector in an uptrend?
8 of 25 Textiles - Readymade Apparel constituents are in Stage-2 price uptrends, 10 trade above their 200-day average, and 10 are beating the NIFTY 500 on relative strength. Sector relative strength reads 28.3, in the leaders quadrant of the rotation map, rising over a 12-week streak.
How many Textiles - Readymade Apparel stocks trade above their 200-day average?
10 of 25 Textiles - Readymade Apparel constituents currently trade above their 200-day moving average. Over the trailing ~20 weeks, that share moved from 40% to 42% — participation is steady.
Is the Textiles - Readymade Apparel sector expensive versus its own history?
The Textiles - Readymade Apparel sector trades at an aggregate P/E of 62.0× against a 36.5–598× band over its own history. The median constituent sits at the 34th percentile of its own 10-year P/E range, below the middle of its own historical range.
Is money entering or leaving the Textiles - Readymade Apparel sector?
On Sector Alpha's deterministic capital-flow read, money is neither clearly entering nor leaving the Textiles - Readymade Apparel sector. Institutional (FII+DII) holdings moved −0.30 percentage points across constituents over the last four quarters, and constituents grew capex −12.4% year-on-year.
How fast is the Textiles - Readymade Apparel sector growing?
In the latest reported quarter (March 2026), Textiles - Readymade Apparel constituents together booked ₹23,214 Cr of revenue, +14.7% year-on-year, with aggregate profit +17.6% year-on-year. Figures aggregate Screener-scraped quarterly filings across the sector.
How are Textiles - Readymade Apparel operating margins trending?
Aggregate Textiles - Readymade Apparel operating margin was 13.4% in the latest reported quarter (March 2026), versus 12.8% a year earlier — margins are improving.
Which sectors is the Textiles - Readymade Apparel sector connected to?
The Textiles - Readymade Apparel sector sits in 1 cross-sector chain: as a potential casualty it connects to Hospitals/Medical Services, Hotels, Watches — K-shaped recovery where high-income consumers drive discretionary spending..
What is the bull case for the Textiles - Readymade Apparel sector?
An early-recovery margin trough plus a US tariff cut (63%->18%) and Bangladesh share-shift turn the export thesis, while domestic premiumisation drives a clear leader-vs-laggard SSSG bifurcation — selective study further. Aggregate revenue grew to Rs 91,268 Cr (2026, +13.6% YoY); PAT recovered to Rs 3,657 Cr after dipping from a Rs 5,484 Cr FY24 peak to Rs 3,367 Cr FY25.
What is the research view on the Textiles - Readymade Apparel 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. Curve and qual agree the sector is turning up off a margin trough, but they also agree it is a stock-pickers' turn, and that is what holds conviction in check. The curve is earnings-led (ΣPAT +52.4% vs PE +0.6%) and fairly priced (trailing PE 62 at the 42nd %ile, normalized 65.1 at the 44th — they agree, OPM…. Every number on this page traces to its source column; it is machine-written research, not investment advice.
Should I invest in the Textiles - Readymade Apparel sector?
Sector Alpha does not publish sector allocations or trading calls — for Textiles - Readymade Apparel 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 - Readymade Apparel sector's relative-strength position?
Textiles - Readymade Apparel relative strength reads 28.3 on Sector Alpha's rotation map, placing it in the leaders quadrant. Relative strength is rising and has held for 12 weeks. A positive, rising relative-strength trend means the sector has been outperforming the broad market week after week.