Spinning Mill Stocks and Companies in India

The largest Spinning Mill stocks in India by market value are K P R Mill (₹39,826 crore), Vardhman Textiles (₹14,734 crore) and Sanathan Textiles (₹4,630 crore), at prices of 6 Nov 2026.

• K P R Mill: ₹1,164.40 | market value ₹39,826 crore | P/E 38.3
• Vardhman Textiles: ₹508.80 | market value ₹14,734 crore | P/E 17.4
• Sanathan Textiles: ₹554.10 | market value ₹4,630 crore | P/E 45.5
• Nitin Spinners: ₹655.55 | market value ₹3,689 crore | P/E 13.8
• Sangam (India): ₹581.70 | market value ₹2,923 crore | P/E 23.1
• Sportking India: ₹194.33 | market value ₹2,470 crore | P/E 10.8
• Pashupati Cotspin: ₹108.43 | market value ₹1,712 crore | P/E 109.6
• Indo Rama Synthetics (India): ₹76.57 | market value ₹1,999 crore | P/E 9.3
• Swaraj Suiting: ₹370.25 | market value ₹978 crore | P/E 16.0
• RSWM: ₹194.16 | market value ₹915 crore | P/E 12.7

The other 3 Spinning Mill companies are in the full list below.

Share price | market value | P/E, biggest first. Prices, market values and ratios at the official close of 6 Nov 2026; the score list below uses the weekly figures.

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 30 Oct 2026.

All 13 listed Indian Textiles - Spinning companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Textiles - Spinning index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. One large company cannot set the reading.

1. K P R Mill Ltd₹39,900 cr
2. Vardhman Textiles Ltd₹14,100 cr
3. Sanathan Textiles Ltd₹4,760 cr
4. Nitin Spinners Ltd₹3,730 cr
5. Sangam (India) Ltd₹3,060 cr
6. Sportking India Ltd₹2,380 cr
7. Pashupati Cotspin Ltd₹2,130 cr
8. Indo Rama Synthetics (India) Ltd₹1,910 cr
9. Swaraj Suiting Ltd₹940 cr
10. RSWM Ltd₹843 cr
11. Ambika Cotton Mills Ltd₹823 cr
12. Jaybharat Textiles & Real Estate Ltd₹819 cr
13. Rajapalayam Mills Ltd₹635 cr

13 Spinning Mill companies in the Textiles - Spinning industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 13 are listed below, largest first. The largest is K P R Mill (₹39,925 crore) and the smallest with a market value is Rajapalayam Mills.

Download all 13 Spinning Mill companies (CSV)

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 53% ahead of NIFTY 500. Earnings across its companies grew 19% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 40 weeks running.

Price and the fundamentals both up. 5 of 13 companies pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high).

Ahead of NIFTY 500 on the three-month view for 40 weeks running; 8 of the 13 companies in the industry index above their 200-day average (1 fewer than four weeks earlier); 5 of those 13 pass the momentum test (2 fewer than four weeks earlier); earnings rising at 9 of the 12 that report earnings.

Participation is shrinking, 7 → 5 of 13 over four weeks, after being ahead of NIFTY 500. Price-only fade, 9 of 12 members have higher trailing twelve-month earnings than a year ago, so the fade is in the price, not in the earnings.

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of its 13 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Textiles - Spinning has done better than the NIFTY 500 by 44.1% over the last 52 weeks. Over 13 weeks the gap is a lead of 12.4%. Pashupati Cotspin Ltd is the strongest against the sector itself at +26.7%. Readings are as of 30 October 2026.

Relative-strength score for the industry: 14.0 as of 30 October 2026 (consolidation, falling).

Textiles - Spinning has done better than the NIFTY 500 by 44.1% over 52 weeks and by 12.4% over 13 weeks. 5 of 13 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months) (1 has no relative-strength reading yet), and 4 of the 9 with a long enough price history are ahead of the industry itself.

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Sportking India Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 100% evidence confidence.

Indo Rama Synthetics (India) Ltd scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.

Ranked last: too little evidence (1 company)

Under 60% of the evidence behind this score is available, so it ranks after every company above, whatever the score.

Nitin Spinners Ltd has the strongest one-year price move in Textiles - Spinning at +96.0%. Pashupati Cotspin Ltd leads on relative strength against the NIFTY, at +59.9%. 10 of 13 companies we track are ahead of the index on that measure (1 has no relative-strength reading yet). Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Textiles - Spinning itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

Biggest one-year moves

Strongest against NIFTY 500

Strongest against the sector itself

The full history shows repeated cycles, rather than smooth structural growth. Annual profit rose from ₹574 crore in 2015 to ₹1,578 crore in 2017, fell to ₹835 crore in 2020, surged to ₹4,490 crore in 2022, then fell to ₹1,728 crore in 2024 before recovering to ₹2,529 crore in 2026. In the week of 5 October 2026, 83.3% of 12 Textiles - Spinning companies were beating the Nifty 500, against 66.7% on 25 May 2026.

From our industry review of 10 October 2026.

Better yarn realised prices, factory use and power savings are improving profits across the reviewed companies. Higher-value products and new factories could extend that improvement, but much of this is still promised rather than delivered.

From our industry review of 10 October 2026.

2 of 15 Textiles - Spinning companies held a results call for July to September 2026. Sportking India guided: Spreads ₹130-145 per kg for next few months, within 2% tolerance on current parity expected.

From the results calls for July to September 2026.

Big funds, foreign and Indian, raised their stake by 0.8 points over the last two quarters. Founders and promoters kept theirs about the same.

• Spending on new plants and equipment was ₹4,291 crore in the last 12 months, 19% more than a year before.
• Projects still being built shrank 41% in a year.
• 1 Textiles - Spinning call in the last quarters talked about adding capacity.

Big funds = foreign and Indian institutions, change in their share of ownership across 14 Textiles - Spinning companies, in percentage points.

Ownership and spending as of 10 October 2026.

The next things that show whether the Textiles - Spinning story is on course. First: Sanathan's next results test the Punjab ramp and its revised per-ton profit goal.

• Sportking's stated October to December 2026 Odisha production start and later ramp become actual production and earnings.
• Vardhman's synthetic-fabric ramp converts customer approvals into higher factory use and sales.
• RSWM meets its stated January to March 2027 recycling trials and possible April to June 2027 commercial start.
• The industry price stays above its recent range while its relative-strength breakout persists.

What would change the story

The next quarterly report shows aggregate profit below its year-earlier level because higher-cost cotton wipes out the improved yarn margins; that would break the earnings-supported second-leg recovery call.

From our industry review of 10 October 2026.

Vardhman Textiles Ltd has the highest Revenue among the 13 Textiles - Spinning companies compared here, at ₹10,186 crore. K P R Mill Ltd is next at ₹7,128 crore. Sanathan Textiles Ltd has the highest Revenue growth at 77.3%, so level and change sit with different companies. 13 of 13 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Vardhman Textiles Ltd is the largest at ₹10,186 crore, 42.9% ahead of K P R Mill Ltd. Sanathan Textiles Ltd's growth is 77.3% from a ₹5,387 crore base, with 16 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

What this means: Vardhman Textiles Ltd is the size to compare against; Sanathan Textiles Ltd is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: Vardhman Textiles Ltd's growth falls below Sanathan Textiles Ltd's for two consecutive comparable reports while operating margin also compresses.

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

Revenue · company comparison

Revenue · largest

Revenue growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

K P R Mill Ltd has the highest OPM among the 13 Textiles - Spinning companies compared here, at 26%. Sportking India Ltd is next at 20%. Sportking India Ltd has the highest Margin change at +10 percentage points, so level and change sit with different companies. 13 of 13 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: K P R Mill Ltd leads opm at 26%; Sportking India Ltd leads margin change at +10 percentage points.

What this means: K P R Mill Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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

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

Operating margin · company comparison

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

K P R Mill Ltd has the highest Net profit among the 13 Textiles - Spinning companies compared here, at ₹1,040 crore. Vardhman Textiles Ltd is next at ₹860 crore. Rajapalayam Mills Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: K P R Mill Ltd earns the most, ₹1,040 crore of profit over the last 12 months, 20.9% above Vardhman Textiles Ltd. Rajapalayam Mills Ltd shows at least 100% on the scoring scale (303.2% in full) growth from a profit base of ₹125 crore. A fast rate from a small base matters less than a large profit that keeps coming.

What this means: K P R Mill Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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

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 · company comparison

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

K P R Mill Ltd has the highest ROCE among the 13 Textiles - Spinning companies compared here, at 19.6%. Indo Rama Synthetics (India) Ltd is next at 17.9%. Jaybharat Textiles & Real Estate Ltd has the highest ROCE change at +18 percentage points, so level and change sit with different companies.

What the numbers say: K P R Mill Ltd leads ROCE at 19.6%, 1.7 percentage points above Indo Rama Synthetics (India) Ltd. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

What this means: K P R Mill Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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

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.

Return on capital · company comparison

Withheld from this chart: Swaraj Suiting Ltd (SWARAJ): its two data sources disagree by up to 50% on reported income across 13 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn, the gap is a decision, not missing data.

ROCE · highest

ROCE change · fastest improvers

All-company data · latest reported quarter

Indo Rama Synthetics (India) Ltd has the lowest PEG among the 13 Textiles - Spinning companies compared here, at 0.12×. Rajapalayam Mills Ltd is next at 0.2×. Rajapalayam Mills Ltd has the lowest P/E at 5.15×, so level and change sit with different companies. 9 of 13 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Indo Rama Synthetics (India) Ltd has the lowest comparable PEG at 0.12×, 40% below Rajapalayam Mills Ltd. That would need today's multiple, the company's own history and steady growth to agree.

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

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

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG · lowest PEG

P/E · lowest P/E

All-company data · latest reported quarter

Textiles - Spinning companies show up on 5 of our India lists. The most are on the momentum stocks list (5 companies).

This Textiles - Spinning comparison names 6 specific ways its own evidence can mislead, all listed below. 1 of the 13 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. 1 has second-source figures left out because the two sources disagree.

Keep these limits visible

• A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
• A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
• The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
• 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 is missing from the second-source figures on purpose: the two sources disagree, so nothing from the second is drawn. Those rows have less evidence; that does not make the business weaker.

This comparison is built from the reported filings of 13 Textiles - Spinning companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 30 October 2026.

1 of 13 companies has a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Swaraj Suiting Ltd (SWARAJ): its two data sources disagree by up to 50% on reported income across 13 comparable periods, so its derived ratios are withheld.

These 24 answers restate the Textiles - Spinning comparison above in question form. Every one is computed from the same 13 companies and the same reported filings as the rankings and charts, current through Sep 2026. Price and relative-strength answers run through 30 October 2026. Nothing here is estimated, and none of it is a recommendation.