# Textiles - Technical Textile — company-by-company sector analysis

> Textiles - Technical Textile: Garware Technical Fibres Ltd owns the largest revenue base AND the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-08-05. Not investment advice.

## Bottom line

Textiles - Technical Textile has underperformed NIFTY 500 by 1.5% over 52 weeks and 31.8% over 13 weeks. 2 of 3 covered companies beat NIFTY on Mansfield relative strength, while 1 of 3 beat the sector itself. Garware Technical Fibres Ltd leads with revenue of ₹1,528 crore, based on 3 of 3 comparable companies through Mar 2026.

## Sector relative strength

Textiles - Technical Textile has underperformed NIFTY 500 by 1.5% over the last 52 weeks. Over 13 weeks the gap is a lead of 31.8%. 2 of 3 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Precot Ltd is the strongest against the sector itself at +23.6%. Readings are as of 2026-07-19.

13-week sector return versus NIFTY 500: 32%
52-week sector return versus NIFTY 500: -1.5%
Stocks leading NIFTY: 2/3
Stocks leading sector: 1/3

Central tension: The central tension: current leadership is concentrated, so durability matters more than rank.

Companies: 3
Combined market value: ₹8.8K 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. Precot Ltd (PRECOT): 50/100 — Mixed-positive evidence; evidence 84%
   - Growth & earnings 13.8/35 | Capital efficiency 10.6/25 | Valuation 8.3/20 | Relative strength 17.5/20
   - Price stage: LEADER — Ahead of the benchmark 13 weeks or more running, and ahead over the past year.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 12 of the last 12 weeks
   - Exact sum: 13.8 + 10.6 + 8.3 + 17.5 = 50.2
   - Decision use: Price leads the evidence: RS versus the benchmark is 50.1%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
2. Shri Jagdamba Polymers Ltd (SHRJAGP): 47/100 — Mixed-negative evidence; evidence 69%
   - Growth & earnings 14.6/35 | Capital efficiency 18.4/25 | Valuation 10.8/20 | Relative strength 3.0/20
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 0 of the last 12 weeks, ending 2026-03-08 (no longer priced)
   - Exact sum: 14.6 + 18.4 + 10.8 + 3 = 46.8
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3. Garware Technical Fibres Ltd (GARFIBRES): 44/100 — Mixed-negative evidence; evidence 91%
   - Growth & earnings 5.8/35 | Capital efficiency 22.0/25 | Valuation 8.6/20 | Relative strength 7.1/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 6 of 10 weeks with a reading, within the last 12
   - Exact sum: 5.8 + 22 + 8.6 + 7.1 = 43.5
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

## Market action

Precot Ltd has the strongest one-year price move in Textiles - Technical Textile at +34.5%. It also leads on Mansfield relative strength against NIFTY at +50.1%. 2 of 3 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.

### Strongest one-year price performers
1. Precot Ltd (PRECOT): 35%
2. Garware Technical Fibres Ltd (GARFIBRES): -19%
3. Shri Jagdamba Polymers Ltd (SHRJAGP): -43%

### Strongest relative strength versus NIFTY 500
1. Precot Ltd (PRECOT): 50%
2. Garware Technical Fibres Ltd (GARFIBRES): 3.2%
3. Shri Jagdamba Polymers Ltd (SHRJAGP): -30%

## Revenue Scale & Growth Durability

What the numbers say: Garware Technical Fibres Ltd is the scale leader at ₹1,528 crore, 72.5% ahead of Precot Ltd. Garware Technical Fibres Ltd's growth is -0.8% from a ₹1,528 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Garware Technical Fibres Ltd is the scale benchmark; Garware Technical Fibres Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Garware Technical Fibres Ltd's growth falls below Garware Technical Fibres Ltd's for two consecutive comparable reports while operating margin also compresses.

Evidence: Garware Technical Fibres Ltd · ₹1,528 crore | 72.5% versus #2 · Precot Ltd | 6/8 recent comparable periods | 3/3 companies · 47 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. Garware Technical Fibres Ltd (GARFIBRES): ₹1.5K Cr
2. Precot Ltd (PRECOT): ₹886 Cr
3. Shri Jagdamba Polymers Ltd (SHRJAGP): ₹435 Cr

### Revenue growth — fastest growers
1. Garware Technical Fibres Ltd (GARFIBRES): -0.8%
2. Precot Ltd (PRECOT): -1.8%
3. Shri Jagdamba Polymers Ltd (SHRJAGP): -7.8%

### 20-quarter Revenue history
- GARFIBRES: Jun 2021 ₹243 Cr | Sep 2021 ₹282 Cr | Dec 2021 ₹308 Cr | Mar 2022 ₹356 Cr | Jun 2022 ₹304 Cr | Sep 2022 ₹356 Cr | Dec 2022 ₹275 Cr | Mar 2023 ₹370 Cr | Jun 2023 ₹326 Cr | Sep 2023 ₹328 Cr | Dec 2023 ₹289 Cr | Mar 2024 ₹382 Cr | Jun 2024 ₹336 Cr | Sep 2024 ₹421 Cr | Dec 2024 ₹351 Cr | Mar 2025 ₹433 Cr | Jun 2025 ₹367 Cr | Sep 2025 ₹348 Cr | Dec 2025 ₹387 Cr | Mar 2026 ₹426 Cr
- PRECOT: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹227 Cr | Mar 2023 ₹238 Cr | Jun 2023 ₹224 Cr | Sep 2023 ₹266 Cr | Dec 2023 ₹228 Cr | Mar 2024 ₹228 Cr | Jun 2024 ₹208 Cr | Sep 2024 ₹254 Cr | Dec 2024 ₹212 Cr | Mar 2025 ₹228 Cr | Jun 2025 ₹206 Cr | Sep 2025 ₹214 Cr | Dec 2025 ₹208 Cr | Mar 2026 ₹258 Cr
- SHRJAGP: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹65 Cr | Mar 2023 ₹66 Cr | Jun 2023 ₹96 Cr | Sep 2023 ₹86 Cr | Dec 2023 ₹71 Cr | Mar 2024 ₹110 Cr | Jun 2024 ₹122 Cr | Sep 2024 ₹126 Cr | Dec 2024 ₹115 Cr | Mar 2025 ₹120 Cr | Jun 2025 ₹141 Cr | Sep 2025 ₹110 Cr | Dec 2025 ₹64 Cr | Mar 2026 —

### 20-quarter Revenue growth history
- GARFIBRES: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 25% | Sep 2022 26% | Dec 2022 -11% | Mar 2023 3.9% | Jun 2023 7.2% | Sep 2023 -7.9% | Dec 2023 5.1% | Mar 2024 3.2% | Jun 2024 3.1% | Sep 2024 28% | Dec 2024 21% | Mar 2025 13% | Jun 2025 9.2% | Sep 2025 -17% | Dec 2025 10% | Mar 2026 -1.6%
- PRECOT: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 0.4% | Mar 2024 -4.2% | Jun 2024 -7.1% | Sep 2024 -4.5% | Dec 2024 -7.0% | Mar 2025 0.0% | Jun 2025 -1.0% | Sep 2025 -16% | Dec 2025 -1.9% | Mar 2026 13%
- SHRJAGP: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 8.7% | Mar 2024 67% | Jun 2024 27% | Sep 2024 46% | Dec 2024 63% | Mar 2025 8.7% | Jun 2025 16% | Sep 2025 -12% | Dec 2025 -44% | Mar 2026 —

## Operating Economics & Margin Trend

What the numbers say: Garware Technical Fibres Ltd leads opm at 23%; Precot Ltd leads margin change at +2 percentage points.

Investor read: Garware Technical Fibres 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: Garware Technical Fibres Ltd · 23% | 64.3% versus #2 · Precot Ltd | 2/8 recent comparable periods | 3/3 companies · 59 observations

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

### OPM — highest
1. Garware Technical Fibres Ltd (GARFIBRES): 23%
2. Precot Ltd (PRECOT): 14%
3. Shri Jagdamba Polymers Ltd (SHRJAGP): 5.7%

### Margin change — fastest expanders
1. Precot Ltd (PRECOT): +2.0 pp
2. Garware Technical Fibres Ltd (GARFIBRES): 0.0 pp
3. Shri Jagdamba Polymers Ltd (SHRJAGP): −9.1 pp

### 20-quarter OPM history
- GARFIBRES: Jun 2021 18% | Sep 2021 18% | Dec 2021 18% | Mar 2022 21% | Jun 2022 13% | Sep 2022 17% | Dec 2022 17% | Mar 2023 22% | Jun 2023 18% | Sep 2023 21% | Dec 2023 18% | Mar 2024 24% | Jun 2024 19% | Sep 2024 22% | Dec 2024 18% | Mar 2025 23% | Jun 2025 19% | Sep 2025 14% | Dec 2025 18% | Mar 2026 23%
- PRECOT: Jun 2021 20% | Sep 2021 22% | Dec 2021 20% | Mar 2022 15% | Jun 2022 14% | Sep 2022 5.7% | Dec 2022 -9.2% | Mar 2023 0.0% | Jun 2023 3.2% | Sep 2023 6.0% | Dec 2023 8.0% | Mar 2024 10% | Jun 2024 12% | Sep 2024 11% | Dec 2024 12% | Mar 2025 12% | Jun 2025 14% | Sep 2025 12% | Dec 2025 11% | Mar 2026 14%
- SHRJAGP: Jun 2021 21% | Sep 2021 18% | Dec 2021 19% | Mar 2022 15% | Jun 2022 18% | Sep 2022 7.7% | Dec 2022 9.9% | Mar 2023 18% | Jun 2023 14% | Sep 2023 16% | Dec 2023 17% | Mar 2024 15% | Jun 2024 12% | Sep 2024 13% | Dec 2024 15% | Mar 2025 18% | Jun 2025 12% | Sep 2025 16% | Dec 2025 5.7% | Mar 2026 —

### 20-quarter Margin change history
- GARFIBRES: Jun 2021 +5.9 pp | Sep 2021 −3.3 pp | Dec 2021 −2.9 pp | Mar 2022 −0.6 pp | Jun 2022 −4.3 pp | Sep 2022 −0.7 pp | Dec 2022 −1.0 pp | Mar 2023 +1.4 pp | Jun 2023 +4.7 pp | Sep 2023 +3.6 pp | Dec 2023 +1.0 pp | Mar 2024 +2.0 pp | Jun 2024 +1.0 pp | Sep 2024 +1.0 pp | Dec 2024 0.0 pp | Mar 2025 −1.0 pp | Jun 2025 0.0 pp | Sep 2025 −8.0 pp | Dec 2025 0.0 pp | Mar 2026 0.0 pp
- PRECOT: Jun 2021 +15.1 pp | Sep 2021 +9.7 pp | Dec 2021 +6.7 pp | Mar 2022 −4.8 pp | Jun 2022 −5.8 pp | Sep 2022 −16.1 pp | Dec 2022 −29.3 pp | Mar 2023 −15.1 pp | Jun 2023 −10.7 pp | Sep 2023 +0.3 pp | Dec 2023 +17.2 pp | Mar 2024 +10.0 pp | Jun 2024 +8.8 pp | Sep 2024 +5.0 pp | Dec 2024 +4.0 pp | Mar 2025 +2.0 pp | Jun 2025 +2.0 pp | Sep 2025 +1.0 pp | Dec 2025 −1.0 pp | Mar 2026 +2.0 pp
- SHRJAGP: Jun 2021 −2.8 pp | Sep 2021 +0.1 pp | Dec 2021 −4.8 pp | Mar 2022 −9.5 pp | Jun 2022 −2.8 pp | Sep 2022 −10.0 pp | Dec 2022 −8.8 pp | Mar 2023 +3.3 pp | Jun 2023 −4.1 pp | Sep 2023 +8.2 pp | Dec 2023 +7.2 pp | Mar 2024 −3.5 pp | Jun 2024 −2.1 pp | Sep 2024 −3.1 pp | Dec 2024 −2.3 pp | Mar 2025 +3.1 pp | Jun 2025 −0.3 pp | Sep 2025 +3.4 pp | Dec 2025 −9.1 pp | Mar 2026 —

## Profit Scale & Acceleration

What the numbers say: Garware Technical Fibres Ltd leads with ₹198 crore of TTM profit, 316% above Shri Jagdamba Polymers Ltd. Shri Jagdamba Polymers Ltd shows 19.5% growth from a ₹48 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Garware Technical Fibres 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: Garware Technical Fibres Ltd · ₹198 crore | 316% versus #2 · Shri Jagdamba Polymers Ltd | 6/8 recent comparable periods | 3/3 companies · 47 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. Garware Technical Fibres Ltd (GARFIBRES): ₹198 Cr
2. Shri Jagdamba Polymers Ltd (SHRJAGP): ₹48 Cr
3. Precot Ltd (PRECOT): ₹36 Cr

### Profit growth — fastest growers
1. Shri Jagdamba Polymers Ltd (SHRJAGP): 20%
2. Precot Ltd (PRECOT): 9.1%
3. Garware Technical Fibres Ltd (GARFIBRES): -15%

### 20-quarter Net profit history
- GARFIBRES: Jun 2021 ₹32 Cr | Sep 2021 ₹41 Cr | Dec 2021 ₹38 Cr | Mar 2022 ₹54 Cr | Jun 2022 ₹28 Cr | Sep 2022 ₹48 Cr | Dec 2022 ₹37 Cr | Mar 2023 ₹60 Cr | Jun 2023 ₹43 Cr | Sep 2023 ₹52 Cr | Dec 2023 ₹43 Cr | Mar 2024 ₹70 Cr | Jun 2024 ₹47 Cr | Sep 2024 ₹66 Cr | Dec 2024 ₹48 Cr | Mar 2025 ₹71 Cr | Jun 2025 ₹53 Cr | Sep 2025 ₹32 Cr | Dec 2025 ₹56 Cr | Mar 2026 ₹57 Cr
- PRECOT: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹-28 Cr | Mar 2023 ₹-9 Cr | Jun 2023 ₹-3 Cr | Sep 2023 ₹-1 Cr | Dec 2023 ₹9 Cr | Mar 2024 ₹12 Cr | Jun 2024 ₹9 Cr | Sep 2024 ₹11 Cr | Dec 2024 ₹9 Cr | Mar 2025 ₹4 Cr | Jun 2025 ₹11 Cr | Sep 2025 ₹7 Cr | Dec 2025 ₹6 Cr | Mar 2026 ₹12 Cr
- SHRJAGP: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹4 Cr | Mar 2023 ₹6 Cr | Jun 2023 ₹8 Cr | Sep 2023 ₹8 Cr | Dec 2023 ₹8 Cr | Mar 2024 ₹8 Cr | Jun 2024 ₹10 Cr | Sep 2024 ₹9 Cr | Dec 2024 ₹14 Cr | Mar 2025 ₹16 Cr | Jun 2025 ₹13 Cr | Sep 2025 ₹10 Cr | Dec 2025 ₹8 Cr | Mar 2026 —

### 20-quarter Profit growth history
- GARFIBRES: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -13% | Sep 2022 17% | Dec 2022 -2.6% | Mar 2023 11% | Jun 2023 54% | Sep 2023 8.3% | Dec 2023 16% | Mar 2024 17% | Jun 2024 9.3% | Sep 2024 27% | Dec 2024 12% | Mar 2025 1.4% | Jun 2025 13% | Sep 2025 -52% | Dec 2025 17% | Mar 2026 -20%
- PRECOT: Jun 2021 — | 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 0.0% | Mar 2025 -67% | Jun 2025 22% | Sep 2025 -36% | Dec 2025 -33% | Mar 2026 200%
- SHRJAGP: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 105% | Mar 2024 32% | Jun 2024 16% | Sep 2024 12% | Dec 2024 64% | Mar 2025 105% | Jun 2025 36% | Sep 2025 16% | Dec 2025 -38% | Mar 2026 —

## Return On Capital Employed

What the numbers say: Shri Jagdamba Polymers Ltd leads ROCE at 22.5%, 0.5 percentage points above Garware Technical Fibres Ltd. Shri Jagdamba Polymers Ltd has the strongest latest improvement at +1 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: Shri Jagdamba Polymers 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: Shri Jagdamba Polymers Ltd · 22.5% | 2.3% versus #2 · Garware Technical Fibres Ltd | Not enough history | 3/3 companies · 30 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. Shri Jagdamba Polymers Ltd (SHRJAGP): 23%
2. Garware Technical Fibres Ltd (GARFIBRES): 22%
3. Precot Ltd (PRECOT): 11%

### ROCE change — fastest improvers
1. Shri Jagdamba Polymers Ltd (SHRJAGP): +1.0 pp
2. Precot Ltd (PRECOT): +0.1 pp
3. Garware Technical Fibres Ltd (GARFIBRES): −3.9 pp

### 20-quarter ROCE history
- GARFIBRES: Jun 2021 — | Sep 2021 21% | Dec 2021 — | Mar 2022 18% | Jun 2022 — | Sep 2022 18% | Dec 2022 — | Mar 2023 18% | Jun 2023 — | Sep 2023 19% | Dec 2023 24% | Mar 2024 19% | Jun 2024 25% | Sep 2024 23% | Dec 2024 28% | Mar 2025 21% | Jun 2025 26% | Sep 2025 17% | Dec 2025 23% | Mar 2026 17%
- PRECOT: Jun 2021 — | Sep 2021 23% | Dec 2021 — | Mar 2022 28% | Jun 2022 — | Sep 2022 19% | Dec 2022 — | Mar 2023 0.2% | Jun 2023 — | Sep 2023 -4.1% | Dec 2023 3.9% | Mar 2024 9.4% | Jun 2024 13% | Sep 2024 9.8% | Dec 2024 16% | Mar 2025 13% | Jun 2025 14% | Sep 2025 11% | Dec 2025 12% | Mar 2026 14%

### 20-quarter ROCE change history
- GARFIBRES: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.7 pp | Dec 2022 — | Mar 2023 +0.3 pp | Jun 2023 — | Sep 2023 +0.8 pp | Dec 2023 — | Mar 2024 +0.2 pp | Jun 2024 — | Sep 2024 +4.0 pp | Dec 2024 +3.5 pp | Mar 2025 +2.6 pp | Jun 2025 +0.6 pp | Sep 2025 −5.6 pp | Dec 2025 −4.3 pp | Mar 2026 −3.9 pp
- PRECOT: Jun 2021 — | Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −4.2 pp | Dec 2022 — | Mar 2023 −28.0 pp | Jun 2023 — | Sep 2023 −22.8 pp | Dec 2023 — | Mar 2024 +9.2 pp | Jun 2024 — | Sep 2024 +13.9 pp | Dec 2024 +12.3 pp | Mar 2025 +4.0 pp | Jun 2025 +1.2 pp | Sep 2025 +0.7 pp | Dec 2025 −3.9 pp | Mar 2026 +0.1 pp

## Valuation Against Growth & Quality

What the numbers say: Garware Technical Fibres Ltd has the lowest comparable PEG at 1.9×. Only 1 of 3 companies have earnings and growth steady enough for the ratio to mean anything, 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: Garware Technical Fibres Ltd · 1.9× | Not enough peers | 0/8 recent comparable periods | 1/3 companies · 14 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 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.

### PEG — lowest PEG
1. Garware Technical Fibres Ltd (GARFIBRES): 1.9

### P/E — lowest P/E
1. Shri Jagdamba Polymers Ltd (SHRJAGP): 11.4
2. Precot Ltd (PRECOT): 27.1
3. Garware Technical Fibres Ltd (GARFIBRES): 34.8

### 20-quarter PEG history
- GARFIBRES: Jun 2021 2.4 | Sep 2021 — | Dec 2021 — | Mar 2022 1.7 | Jun 2022 6.6 | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 7.1 | Sep 2023 2.0 | Dec 2023 1.8 | Mar 2024 1.7 | Jun 2024 1.7 | Sep 2024 2.6 | Dec 2024 3.2 | Mar 2025 2.0 | Jun 2025 2.8 | Sep 2025 2.3 | Dec 2025 1.9 | Mar 2026 —

### 20-quarter P/E history
- GARFIBRES: Jun 2021 42.9 | Sep 2021 40.5 | Dec 2021 38.9 | Mar 2022 34.5 | Jun 2022 36.7 | Sep 2022 44.1 | Dec 2022 38.2 | Mar 2023 36.0 | Jun 2023 37.0 | Sep 2023 34.7 | Dec 2023 35.8 | Mar 2024 34.2 | Jun 2024 37.5 | Sep 2024 38.9 | Dec 2024 41.5 | Mar 2025 37.5 | Jun 2025 38.8 | Sep 2025 32.6 | Dec 2025 34.0 | Mar 2026 27.7
- PRECOT: Jun 2021 7.9 | Sep 2021 4.6 | Dec 2021 3.9 | Mar 2022 3.6 | Jun 2022 2.7 | Sep 2022 2.9 | Dec 2022 3.3 | Mar 2023 30.6 | Jun 2023 30.3 | Sep 2023 — | Dec 2023 -77.1 | Mar 2024 — | Jun 2024 41.4 | Sep 2024 18.3 | Dec 2024 17.3 | Mar 2025 12.7 | Jun 2025 13.3 | Sep 2025 10.8 | Dec 2025 11.2 | Mar 2026 15.9
- SHRJAGP: Jun 2021 17.2 | Sep 2021 19.8 | Dec 2021 14.6 | Mar 2022 13.8 | Jun 2022 13.1 | Sep 2022 16.2 | Dec 2022 15.8 | Mar 2023 13.3 | Jun 2023 19.2 | Sep 2023 23.4 | Dec 2023 22.7 | Mar 2024 14.9 | Jun 2024 19.2 | Sep 2024 20.4 | Dec 2024 19.1 | Mar 2025 20.2 | Jun 2025 19.9 | Sep 2025 15.1 | Dec 2025 11.4 | Mar 2026 —


## 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 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: Valuation have fewer than three usable current readings.

## Every company
- Garware Technical Fibres Ltd (GARFIBRES) — market value ₹7.3K Cr; latest fundamentals Mar 2026
- Precot Ltd (PRECOT) — market value ₹971 Cr; latest fundamentals Mar 2026; includes UNVERIFIED second-feed figures
- Shri Jagdamba Polymers Ltd (SHRJAGP) — market value ₹519 Cr; latest fundamentals Dec 2025

## Source standing of each company

Cross-checked: 1. Unverified: 2. Withheld: 0. Graded companies: 3.

1 of 3 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 | PRECOT | Precot Ltd | too little overlapping reported history to cross-check the second feed

## Methodology and freshness

Fundamentals through Mar 2026; prices through 2026-07-31.
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

### Is the Textiles - Technical Textile sector outperforming NIFTY 500?

Textiles - Technical Textile has underperformed NIFTY 500 by 1.5% over 52 weeks and 31.8% over 13 weeks. 2 of 3 covered companies beat NIFTY on Mansfield relative strength, while 1 of 3 beat the sector itself.

### Which Textiles - Technical Textile company is largest by revenue?

Garware Technical Fibres Ltd leads with revenue of ₹1,528 crore, based on 3 of 3 comparable companies through Mar 2026.

### Which Textiles - Technical Textile company is growing fastest?

Garware Technical Fibres Ltd has the fastest current revenue growth at -0.8%, across 3 of 3 comparable companies.

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

Precot Ltd ranks first at 50.2/100 with 84% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### Which Textiles - Technical Textile company has the lowest comparable PEG?

Garware Technical Fibres Ltd has the lowest comparable PEG at 1.9, among 1 of 3 companies whose earnings and growth are steady enough for the ratio to mean anything.

### How much history does this Textiles - Technical Textile comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Mar 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.

### What is the Nifty Textiles - Technical Textile index?

The Nifty Textiles - Technical Textile index tracks India's listed Textiles - Technical Textile companies as a single basket. This page follows the same 3 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Textiles - Technical Textile sector rather than to its largest constituent. Figures are as of Mar 2026.

### Which are the best Textiles - Technical Textile stocks in India?

Ranked by this page's four-factor score, Precot Ltd places first among 3 listed Textiles - Technical Textile companies, followed by Shri Jagdamba Polymers Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

### How many Textiles - Technical Textile stocks are listed in India?

This comparison covers 3 listed Textiles - Technical Textile 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 Mar 2026.

### Which Textiles - Technical Textile company is the biggest?

Garware Technical Fibres Ltd is the largest, with trailing-twelve-month revenue of ₹1,528 crore, ahead of Precot Ltd at ₹886 crore. That covers 3 of 3 companies with comparable reporting through Mar 2026.

### Which Textiles - Technical Textile company has the best profit margins?

Garware Technical Fibres Ltd has the highest operating margin at 23%, from 3 of 3 comparable companies. Precot Ltd shows the biggest recent improvement, at +2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

### Which Textiles - Technical Textile company makes the most profit?

Garware Technical Fibres Ltd earns the most, at ₹198 crore of trailing-twelve-month net profit, from 3 of 3 comparable companies. Shri Jagdamba Polymers Ltd has the fastest profit growth at 19.5%, though growth off a small or recovering profit base overstates how much has actually changed.

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

Shri Jagdamba Polymers Ltd leads on return on capital employed at 22.5%, across 3 of 3 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 - Technical Textile stock is the cheapest?

On PEG — where a LOWER number is cheaper — Garware Technical Fibres Ltd screens cheapest at 1.9×. Only 1 of 3 companies have earnings and growth steady enough for the ratio to mean anything, 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.

### Is the Textiles - Technical Textile sector beating the market?

Textiles - Technical Textile has underperformed NIFTY 500 by 1.5% over the last 52 weeks and 31.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 3 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

### Which Textiles - Technical Textile stock has the strongest price momentum?

Precot 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 - Technical Textile company scores highest for research priority?

Precot Ltd scores 50.2 out of 100 with 84% evidence confidence, from 13.8 points on growth and earnings, 10.6 on capital efficiency, 8.3 on valuation and 17.5 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 - Technical Textile companies does this comparison cover, and over what period?

It compares 3 listed companies over up to 20 reported quarters of fundamentals, ending Mar 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 - Technical Textile sector?

The 3 Textiles - Technical Textile companies on this page carry ₹8,765 crore of combined market value. Garware Technical Fibres Ltd is the largest at ₹7,275 crore, about 83% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.

### How is the Textiles - Technical Textile sector performing?

2 of the 3 covered Textiles - Technical Textile companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 1.5% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.

### 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.