Top Textile companies in india

1. Arvind Ltd

• Revenue: Rs 7,229 Cr
• Employees: 42,000
• Debt: Rs2,700 Cr
• Processing Capacity: 240 MMPA

Arvind Ltd is one of the largest Textile Companies in India. Today, the fabric made by Arvind can go around the earth 6 times over. 2 pieces of apparel are sold by an Arvind managed brand, every second in India. The Company is headquartered in Ahmedabad, Gujarat. It is Largest among the top 10 textile companies in india.

• Market Cap:  1,315 Cr.
• Stock P/E: 5.93
• Dividend Yield: 3.93 %
• ROCE: 8.95 %
• ROE: 7.70 %
• Sales Growth (3Yrs): -3.75 %

Arvind owns 22 global patents for environmental solutions, and is the largest fire protection fabric producer in the country; Also managing 15 global apparel brands of the likes of Tommy Hilfiger, US Polo, CK, GAP, Nautica, and Sephora.

42,000 employees across verticals ranging from retail to advanced materials, environmental and social solutions to real estate, apparel to agriculture. It is No 1 among the top 10 textile companies in India based on turnover.

The year 1930 was when the world suffered the great depression. Companies across the globe began closing down. In UK and in India, the textile industry in particular was in trouble. At about this time, Mahatma Gandhi championed the Swadeshi Movement and at his call, people from all across India began boycotting fine and superfine fabrics, which had so far been imported from England. In the midst of this depression one family saw opportunity. The Lalbhais reasoned that the demand for fine and superfine fabrics still existed. And any Indian company that met this demand would surely prosper. The three brothers, Kasturbhai, Narottambhai and Chimanbhai, decided to set up a mill to produce superfine fabric. Next they looked around for state-of-the-art machinery that could produce such high quality fabric. Their search ended in England. The best technology of that time was acquired at a most attractive price. And a company called Arvind Limited was born.

The Lalbhais can trace their descent from Seth Shantidas (c.1590-1659), who was a dominant figure in the business and civic life of the city. He enjoyed the patronage of the Moghul emperors to whom he was a trusted jeweler. Shantidas was amongst the prominent financers of his time as well. He played an influential role amongst the Jain community of his time, and it was because of his influence at the Moghul court that Shah Jehan confirmed the rights of the Jains over the ancient shrines of Shetrunjaya. His grandson, Khushalchand, (1680- 1748) too occupied a place of prominence in the business and social life of the city. He saved the city of Ahmedabad from the marauding Maratha army in 1725 by paying a ransom of Rs. 5 Lakh on behalf of the whole city. For this act the grateful “mahajans” promised in perpetuity, a small amount collected as town duties on goods entering the city to Khushalchand and his family, and the title of Nagarsheth was bestowed upon him.

Arvind Limited started with a share capital of Rs 2,525,000 ($55,000) in the year 1931. With the aim of manufacturing the high-end superfine fabrics Arvind invested in very sophisticated technology. With 52,560 ring spindles, 2552 doubling spindles and 1122 looms it was one of the few companies in those days to start along with spinning and weaving facilities in addition to full-fledged facilities for dyeing, bleaching, finishing and mercerizing. The sales in the year 1934, three years after establishment were Rs 45.76 lakh and profits were Rs 2.82 lakh. Steadily producing high quality fabrics, year after year, Arvind took its place amongst the foremost textile units in the country.

Corporate Office – Ahmedabad, Gujrat |
Turnover – 932 Million Dollar |
Employees – 2500+
Business – Textile
Sector – Public Sector
Website – www.arvindmills.com/

2. Vardhman Textiles Ltd

Vardhaman Textiles is the Second largest Textile Companies in India With more than five decades of presence, Vardhman is today among the leading textile conglomerates in the country. Beginning humbly in the year 1965, Vardhman Group has evolved over the years into a modern-day textile major under the dynamic leadership of its chairman, Mr. S. P. Oswal. Vardhman Textiles Limited today stands as an epitome of perpetual business growth and rich industry experience.

• Revenue: Rs 6,706 Cr
• Processing Capacity: 140 MMPA
• Employees: 22939 (Including contractual manpower)
• Debt: Rs 1,975 Cr

Engaged in the business of manufacturing of Yarn, Fabric, Acrylic Fibre, Garments, Sewing Threads and Alloy Steel, the Group has over the years developed as a business conglomerate with presence in India and in 75 countries across the globe. Vardhman is one of India’s largest textile manufacturers, with leading market share and a sustainable business model. It is Second among the top 10 textile companies in india

• Market Cap:  5,160 Cr.
• Stock P/E: 7.50
• Dividend Yield: 1.67 %
• ROCE: 10.90 %
• ROE: 10.46 %
• Sales Growth (3Yrs): -2.50 %

Vardhman Group is a leading textile conglomerate in India having a turnover of $700 mn. Spanning over 24 manufacturing facilities in five states across India, the Group business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel.

The industrial city of Ludhiana, located in the fertile Malwa region of Central Punjab is otherwise known as the “Manchester of India”. Within the precincts of this city is located the Corporate headquarters of the Vardhman Group, a household name in Northern India. The Vardhman Group, born in 1965, under the entrepreneurship of Late Lala Rattan Chand Oswal has today blossomed into one of the largest Textile Business houses in India.

Vardhman Group manufacturing facilities include over 9,27,430 spindles, 55.5 tons per day yarn and fibre dyeing, 900 shuttleless looms, 90 mn meters per annum processed fabric, 33 tons per day sewing thread, 20000 metric tons per annum acrylic fibre and 100,000 tons per annum special and alloy steel.

Vardhman has evolved through history from a small beginning in 1965 into a modern textile major under the dynamic leadership of its chairman, S.P.Oswal. His vision and insight has given Vardhman an enviable position in the textile industry. Under his leadership, Vardhman is efficiently using resources to innovate, diversify, integrate and build its diverse operations into a dynamic modern enterprise.
The grey fabric weaving unit at Baddi (HP), commissioned in 1990 with a capacity of 20,000 meters per day, has already made its mark as a quality producer of Grey poplin, sheeting, shirting in the domestic as well as foreign market. This was followed by entry into fabric processing by setting up Auro Textiles at Baddi and Vardhman Fabric at Budhni,Madhya Pradesh.

Corporate Office – Ludhiana, Punjab
Turnover – 1 Billion dollar
Employees – 25000+ Business – Textiles
Sector – Public Sector

3. Welspun India Ltd

Welspun India is the third Largest Textile Companies in India in terms of sales. Part of USD 2.7 billion Welspun Group, Welspun India Ltd. is a global leader in home textiles, supplying to 17 of the top 30 global retailers. The Companies manufacturing facilities, located in India, are equipped to deliver high-quality products, benchmarked to international standards.

• Revenue: Rs 6,828 Cr
• Employees: 22,194 permanent employees
• Debt: Rs 3,310 Cr

Presently over 70% of the business for advanced textiles comes from exports. So it Third among the top 10 textile companies in india based on turnover.

• Market Cap:  5,265 Cr.
• Stock P/E: 10.82
• Dividend Yield: 0.57 %
• ROCE: 11.83 %
• ROE: 14.49 %
• Sales Growth (3Yrs): 3.28 %

4. Raymond Ltd

Raymond is a diversified group with majority business interests in Textile & Apparel sectors as well as presence across diverse segments such as FMCG, Engineering, and Prophylactics in national and international markets. It is the Fourth-largest among top 10 textile companies in india

• Revenue: Rs 6,767 Cr
• Employees: 7087
• Debt: Rs 2,468 Cr
• Processing Capacity: 110 MMPA

Being a vertically and horizontally integrated manufacturer of Textiles, Raymond produces ‘The finest fabric in the world’. With over 1100 exclusive stores spread across 380+ cities and an expansive network of over 20,000 points-of-sale in India, Raymond and its brands are also available in tier IV & V cities.

• Market Cap:  3,443 Cr
• Stock P/E: 22.22
• Dividend Yield: 0.53 %
• ROCE: 11.60 %
• ROE: 9.10 %
• Sales Growth (3Yrs): 8.34 %

Raymond has also been a leading player in Shirting fabrics and is the No.1 brand in the OTC space. A formidable player in the Denim space, Raymond is also the top producer & preferred supplier of high-quality Ring Denim to world’s leading Jeanswear brands.

Raymond Group also has an extensive presence in the B2B space, through its garment business. Raymond’s state of the art & wholly-owned subsidiaries such as Silver Spark Apparel Ltd, Celebrations Apparel Ltd & Everblue Apparel Ltd by crafts suits, trousers, shirts & Jeans for leading fashion labels across the world and is the only manufacturer of Full canvas premium Jackets in India.

Incorporated in 1925, Raymond Group is one of India’s largest branded fabric and fashion retailers. It is one of the leading, integrated producers of suiting fabric in the world, with a capacity of producing 31 million meters of wool & wool-blended fabrics.
The Group owns apparel brands like Raymond, Raymond Premium Apparel, Park Avenue, Park Avenue Woman[3] ColorPlus[4] & Parx. All the brands are retailed through ‘The Raymond Shop’ (TRS) – One of the largest network of over 700 retail shops spread across India and overseas, in over 200 cities.
Years ago, when the Singhania family was building, consolidating and expanding its various businesses in Kanpur (India), one Mr. Wadia was in a similar manner setting up a small woollen mill in the area around Thane creek, 40 km away from Bombay (now Mumbai), India. The Sassoons, a well-known industrialist family of Bombay (Now Mumbai), soon acquired this mill and renamed it as The Raymond Woollen Mills.
Acquisition of The Raymond Woollen Mills in the year 1925.
When the grandson of Lala Juggilal, Lala Kailashpat Singhania took over Raymond in 1944, the mill primarily made cheap and coarse woollen blankets, and modest quantities of low priced woollen Fabrics. The vision and foresight of Mr. Kailashpat Singhania greatly helped in establishing the J.K. Group’s presence in the western region. Under his able stewardship, Raymond embarked upon a gradual phase of technological upgradation and modernisation.[citation needed]
When Dr. Vijaypat Singhania took over the reins of the company in 1980, he injected fresh vigour into Raymond, transforming it into a modern, industrial conglomerate.1925- The Company was incorporated on 10th September, 1925 at Mumbai. It manufactures woollen and worsted and hosiery yarns, knitting wool, engineers’ steel files and cement. 30,000 shares issued to the Managing Agents for consideration other than cash. 200 shares allotted to the Directors and 19,800 shares to their friends for cash.In 1950 A factory was set up at Thane for manufacturing engineers’ steel files. In 1965- A new factory building was constructed and complete plant and machinery with the exception of wool washing and backwashing machinery were received and erected. In 1966- The Balance machinery and high temperature wool top dyeing machine were installed. In 1967 – The Raymond Woollen Mills Ltd., was registered in Kenya for manufacturing knitting yarns and price goods of wool and wool mixed with synthetic fibres, and woollen and worsted fabrics. The Raymond Woollen Mills (Kenya) Ltd., became a subsidiary of the Company. The Company’s holding in this subsidiary at the end of March 1996 stood at 5,40,000 of K. Shs. 200 each out of 7,55,625 shares of K. Shs. 200 each.In 1968 J.K. (England), Ltd., a wholly owned subsidiary of the Company were appointed to act as selling agents for woollen goods in U.K., with effect from 1st January.
Corporate Office – Mumbai, India
Turnover – 250 Million Dollar
Employees – 10000+ | Business – Textile
Sector – Public Sector | Website – http://www.raymondindia.com

5. Trident Ltd

Trident Limited is the flagship company of the US$ 1 billion Indian business conglomerate and global player, Trident Group, headquartered in Ludhiana. Beginning humbly in the year 1990, Trident has evolved over the years into one of the world’s largest integrated home textile manufacturer under the visionary leadership of its founder and Group Chairman Mr Rajinder Gupta.riety of yarn, bed, bath linen, paper, chemicals and captive power. Trident’s state-of-the-art manufacturing facilities are located in Barnala (Punjab) and Budni (Madhya Pradesh). The Company is one of the largest exporters of home textile products with significant market share.

• Market Cap:  2,979 Cr
• Stock P/E: 6.83
• Dividend Yield: 5.13 %
• ROCE: 12.05 %
• ROE: 12.92 %
• Sales Growth (3Yrs): 12.51 %

6. K P R Mill Ltd

KPR Mill Limited is one of the largest vertically integrated Apparel manufacturing companies in India producing Yarn, Knitted Grey & Dyed Fabric and Readymade Garments. It is Sixth in the list of top 10 textile companies in india

• Revenue: Rs 3,384 Cr
• Employees: 13,424
• Debt: Rs 856 Cr

The Yarn division has 3,53,616 spindles with a production capacity of 90,000 MT (Capacity Doubling is underway) per annum. With the most modern machinery of International Standards, KPR produces Combed, Grey Melange , Carded & Compact yarn meant for apparels of world’s Leading Brands.

• Market Cap:  4,015 Cr
• Stock P/E: 11.61
• Dividend Yield: 0.14 %
• ROCE: 21.13 %
• ROE: 19.78 %
• Sales Growth (3Yrs): 9.18 %
• Promoter holding: 74.99 %
• Debt to equity: 0.48
• Price to book value: 2.24

Fabric division is equipped with high speed automatic circular knitting machines that can knit 27,000 MT per annum of different kinds of fabric. Its Fabric Processing unit has a capacity to process 18,000 MT per annum with trendsetter ETP.

The Garment manufacturing facility is one of the largest in India with a capacity to produce 95 million garments per annum.

7. Page Industries Ltd

Page Industries Limited located in Bangalore, India is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution, and marketing of the JOCKEY® brand in India, Sri Lanka, Bangladesh, Nepal, and the UAE. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing, and distribution of the Speedo brand in India.

• Revenue: Rs 2,872 Cr
• Employees: 19419
• Debt: Rs 85 Cr

JOCKEY is the company’s flagship brand and a market leader in the innerwear category. Page Industries and Brand Jockey have pioneered the innerwear industry on many fronts.

As of September 2017, the brand has 384 Exclusive Brand Outlets across India with 286 stores on high streets and 98 stores in shopping malls with heavy footfalls. These stores reinforce the legacy of brand Jockey and allow us to showcase our complete range of products in Innerwear, Athleisure and Sportswear for men, women and kids.

• Market Cap:  20,243 Cr.
• Stock P/E: 53.25
• Dividend Yield: 1.89 %
• ROCE: 68.73 %
• ROE: 47.53 %
• Sales Growth (3Yrs): 16.68 %
• Promoter holding: 48.32 %
• Debt to equity: 0.11
• Price to book value: 26

Page Industries has also opened four Jockey Exclusive Brand Outlets in the UAE and two in Sri Lanka.

Within just six years of its operations, the brand is present in over 1286 stores in 86 cities and towns across the country. With 18 Exclusive Brand Stores in Delhi, Gurgaon, Noida, Mumbai, Bangalore, Chennai, Pune and Ahmedabad, Page Industries is geared to take brand Speedo to the next level of consumer connect and make it the most sought-after swimwear brand in the country.

8. Nitin Spinners Ltd

Nitin Spinners has emerged as a leading manufacturer of 100% cotton yarn and knitted fabrics in India with over 25 years of experience.

• Revenue: Rs 1,226 Cr
• Employees: 3,130
• Debt: Rs 860 Cr
• Processing Capacity: 240 MMPA

The Company was established in 1992 and headquartered in Bhilwara (Rajasthan). The Company was formed as a response to the apparent need in the Indian Textile Industry for high-quality products and services.

Located in Bhilwara – The ‘Textile City of India’, the Company is connected to all the major cities of the country, with proximity to raw material sources as well as accessibility to modern shipping ports.

• Market Cap:  287.01 Cr
• Stock P/E: 4.8
• Dividend Yield: 2.45 %
• ROCE: 11.45 %
• ROE: 14.29 %
• Sales Growth (3Yrs): 17%
• Promoter holding: 55.82 %
• Debt to equity: 1.78
• Price to book value: 0.59

Nitin Spinners, an ISO 9001:2015 Company and a Government of India Recognized Export House, has today emerged as one of India’s largest and reputed producers of 100% cotton yarn and fabrics. The company is also having Environment and Energy Management System certifications ISO 14000 and ISO 50001, OSHAS for occupational safety and SA 8000 for Social accountability.

9. Rupa & Company Ltd

Rupa is today the unquestioned No.1 knitwear brand in India, covering the entire range of knitted garments from innerwear to casual wear. So it is the Ninth in the list among top 10 textile companies in india.

• Market Cap:  1,472 Cr
• Stock P/E: 15.93
• Dividend Yield: 1.62 %
• ROCE: 23.63 %
• ROE: 17.19 %
• Sales Growth (3Yrs): 3.04 %
• Promoter holding: 73.29 %
• Debt to equity: 0.31
• Price to book value: 2.56

Starting as a dream in the far-sighted mindscape of three men of vision and enterprise, Rupa has evolved to become the frontrunner in India and a leading player in global markets with far-reaching footprints and millions of satisfied customers.

10. Himatsingka Seide Ltd

The Himatsingka Group is a vertically integrated Home Textile major with a global footprint. The Group focuses on the manufacturing, retailing and distribution of Home Textile products.On the manufacturing front, the Group operates amongst the largest capacities in the world for producing upholstery fabrics, drapery fabrics and bed linen products.

• Market Cap:  1,403 Cr.
• Stock P/E: 7.10
• Dividend Yield: 3.51 %
• ROCE: 12.16 %
• ROE: 14.55 %
• Sales Growth (3Yrs): 11.48 %
• Promoter holding: 47.57 %
• Debt to equity: 1.96
• Price to book value: 0.99

Spread across Asia, Europe and North America, its retail and wholesale distribution divisions carry some of the most prestigious brands in the Home Textile space and cater to Private Label programs of major retailers across these geographies.

Founded in 1985, the Himatsingka Group focuses on design and product development, best-in-class manufacturing processes and efficient supply chain capabilities to ensure the highest level of customer service in the industry. With a team of over 5000 people, the Group continues to expand its reach and build capacities in the Home Textile space.