3 Suiting Fabric Maker, Branded Apparel Retailer and Footwear Leader Stocks With a Strong Future Roadmap: Siyaram Silk Mills, Arvind Fashions and Bata India
- October 26, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Siyaram Silk Mills, Arvind Fashions and Bata India: ROE of 10.4% to 15.8% and FY22 to FY26 revenue CAGR of 8.2% to 14.2%. Prices as of 23 Oct 2026.
Quick Answer
The three apparel, fabric and footwear brand stocks to watch are Siyaram Silk Mills, Arvind Fashions and Bata India. Their return on equity ranges from 10.4% to 15.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.2% to 14.2%. Siyaram Silk Mills has the highest return on equity at 15.8%, while Arvind Fashions has the fastest revenue growth at 14.2% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.
Apparel, fabric and footwear brand stocks let investors follow companies that serve a growing part of the Indian economy. Siyaram Silk Mills, Arvind Fashions and Bata India cover a suiting fabric maker, a branded apparel retailer and a footwear leader.
This list covers three apparel, fabric and footwear brand stocks with complete current figures: Siyaram Silk Mills, Arvind Fashions and Bata India. Every figure comes from the latest reported financials and the 23 October 2026 market close. Companies without complete current figures were left out.
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What Are Apparel, Fabric and Footwear Brand Stocks?
Apparel, fabric and footwear brand stocks are listed companies that make fabrics, run apparel brands and sell footwear through stores and online. Their earnings depend on consumer spending, store additions, brand strength and festive demand.
Apparel, Fabric and Footwear Brand Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Siyaram Silk Mills | 476.75 | 2,361 | 9.9 | 30.4 | 15.8 | 0.24 |
| Arvind Fashions | 363 | 4,847 | 26.0 | 49.5 | 13.0 | 1.42 |
| Bata India | 633.85 | 8,187 | 56.0 | 37.0 | 10.4 | 0.87 |
On valuation, Siyaram Silk Mills and Arvind Fashions trade at a P/E below the industry P/E, while Bata India trades above it, which reflects the growth the market already expects. Readers comparing apparel, fabric and footwear brand stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Apparel, Fabric and Footwear Brand Stocks Have a Strong Roadmap in India?
Apparel, fabric and footwear brand stocks have a strong roadmap in India because rising incomes, a young population and a move to branded clothing and footwear keep lifting discretionary spending.
- Branded shift. Shoppers prefer trusted names over unbranded options.
- Store growth. New outlets widen reach.
- Online sales. Digital channels add customers.
Why Siyaram Silk Mills Features Among These Apparel, Fabric and Footwear Brand Stocks
Among the apparel, fabric and footwear brand stocks on this list, Siyaram Silk Mills is a Mumbai-based textile and apparel company that sells suiting, shirting and readymade garments under brands such as Siyaram’s, Mistair and J. Hampstead.
Revenue rose from Rs 1,939 crore in FY22 to Rs 2,656 crore in FY26, a compound annual growth rate of 8.2%. Net profit grew from Rs 185 crore in FY24 to Rs 231 crore in FY26, which works out to a compound annual growth rate of 11.8%.
In the June 2026 quarter, revenue grew 16.4% year on year to Rs 467 crore, while net profit rose 137.3% to Rs 11.0 crore. The company has a return on equity of 15.8%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 2,361 crore. The stock trades at a P/E of 9.9, below the industry P/E of 30.4.
Roadmap: The company has well-known brands, a wide distribution network and in-house production from yarn to fabric. A push into readymade garments adds value over the fabric business.
What to watch: Monitor the share of readymade garments in revenue and the festive season demand.
Why Arvind Fashions Features Among These Apparel, Fabric and Footwear Brand Stocks
Among the fashion company shares on this list, Arvind Fashions is a branded apparel and retail company that sells brands such as U.S. Polo Assn., Arrow, Flying Machine and Tommy Hilfiger through stores, department stores and online channels.
In the June 2026 quarter, revenue grew 14.6% year on year to Rs 1,286 crore, while net profit rose 11.1% to Rs 27.6 crore. Revenue rose from Rs 3,123 crore in FY22 to Rs 5,307 crore in FY26, a compound annual growth rate of 14.2%.
Net profit grew from Rs 109 crore in FY23 to Rs 185 crore in FY26, which works out to a compound annual growth rate of 19.2%. The company has a return on equity of 13.0%, a debt to equity ratio of 1.42 and a market capitalisation of Rs 4,847 crore. The stock trades at a P/E of 26.0, below the industry P/E of 49.5.
Roadmap: The company is expanding its exclusive brand stores and growing its online sales while adding new brands, which supports revenue growth. Strong licensed brands with loyal customers help repeat demand.
What to watch: Follow same-store sales, store additions and online growth.
Why Bata India Features Among These Apparel, Fabric and Footwear Brand Stocks
Among the three companies on this list, Bata India is the country’s largest footwear retailer, selling under the Bata, Hush Puppies, Power and other brands through a large network of company-owned and franchised stores.
The company has a return on equity of 10.4%, a debt to equity ratio of 0.87 and a market capitalisation of Rs 8,187 crore. The stock trades at a P/E of 56.0, above the industry P/E of 37.0.
Revenue rose from Rs 2,444 crore in FY22 to Rs 3,595 crore in FY26, a compound annual growth rate of 10.1%. Net profit grew from Rs 103 crore in FY22 to Rs 134 crore in FY26, which works out to a compound annual growth rate of 6.8%. In the June 2026 quarter, revenue grew 4.0% year on year to Rs 997 crore, while net profit rose 23.0% to Rs 64.0 crore.
Roadmap: The company is widening its range into sports, casual and premium footwear and adding stores in smaller towns. A trusted brand and deep retail reach support steady demand.
What to watch: Follow store additions, premium product mix and same-store sales.
Siyaram Silk Mills vs Arvind Fashions vs Bata India on Key Financials
The table below sets the three apparel, fabric and footwear brand stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Siyaram Silk Mills | 1,939 | 2,656 | 8.2% | 231 | 8.7% |
| Arvind Fashions | 3,123 | 5,307 | 14.2% | 185 | 3.5% |
| Bata India | 2,444 | 3,595 | 10.1% | 134 | 3.7% |
Siyaram Silk Mills posts the highest return on equity in this group at 15.8%. Arvind Fashions combines the largest FY26 revenue at Rs 5,307 crore with the fastest revenue growth, a 14.2% compound annual rate. A useful habit with apparel, fabric and footwear brand stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Siyaram Silk Mills | 401 | 467 | 16.4% |
| Arvind Fashions | 1,122 | 1,286 | 14.6% |
| Bata India | 959 | 997 | 4.0% |
Key Risks to Check Before Investing in Apparel, Fabric and Footwear Brand Stocks
Every theme carries risks that deserve a check before any decision. For these apparel, fabric and footwear brand stocks, the main points are: Long-term fashion company shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Consumer spending. Discretionary purchases can slow in weak periods.
- Inventory. Fashion cycles require careful stock control.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter apparel, fabric and footwear brand stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Apparel, Fabric and Footwear Brand Stocks
Apparel, fabric and footwear brand stocks reward investors who follow demand trends, order books and margins together. Siyaram Silk Mills, Arvind Fashions and Bata India each have a clear plan to expand. Based on the 23 October 2026 close, Siyaram Silk Mills trades at Rs 476.75, Arvind Fashions at Rs 363 and Bata India at Rs 633.85. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these apparel, fabric and footwear brand stocks to a watchlist.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are apparel, fabric and footwear brand stocks?
Ans. Apparel, fabric and footwear brand stocks are listed companies that make fabrics, run apparel brands and sell footwear through stores and online. Their earnings depend on consumer spending, store additions, brand strength and festive demand. This list looks at three of them, Siyaram Silk Mills, Arvind Fashions and Bata India, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.
Which apparel, fabric and footwear brand stocks are covered in this list?
Ans. This list covers Siyaram Silk Mills, Arvind Fashions and Bata India. Based on the 23 October 2026 close, Siyaram Silk Mills traded at Rs 476.75, Arvind Fashions at Rs 363 and Bata India at Rs 633.85. Their return on equity ranges from 10.4% to 15.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.2% to 14.2%.
Why do apparel, fabric and footwear brand stocks have a strong future roadmap in India?
Ans. Apparel, fabric and footwear brand stocks have a strong roadmap in India because rising incomes, a young population and a move to branded clothing and footwear keep lifting discretionary spending. The main drivers are as follows. Branded shift. Shoppers prefer trusted names over unbranded options. Store growth. New outlets widen reach. Online sales. Digital channels add customers. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Siyaram Silk Mills performed financially?
Ans. Revenue rose from Rs 1,939 crore in FY22 to Rs 2,656 crore in FY26, a compound annual growth rate of 8.2%. Net profit grew from Rs 185 crore in FY24 to Rs 231 crore in FY26, which works out to a compound annual growth rate of 11.8%. In the June 2026 quarter, revenue grew 16.4% year on year to Rs 467 crore, while net profit rose 137.3% to Rs 11.0 crore. The company has a return on equity of 15.8%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 2,361 crore. The stock trades at a P/E of 9.9, below the industry P/E of 30.4. Looking ahead, the company has well-known brands, a wide distribution network and in-house production from yarn to fabric. A push into readymade garments adds value over the fabric business.
How has Arvind Fashions performed financially?
Ans. Revenue rose from Rs 3,123 crore in FY22 to Rs 5,307 crore in FY26, a compound annual growth rate of 14.2%. Net profit grew from Rs 109 crore in FY23 to Rs 185 crore in FY26, which works out to a compound annual growth rate of 19.2%. In the June 2026 quarter, revenue grew 14.6% year on year to Rs 1,286 crore, while net profit rose 11.1% to Rs 27.6 crore. The company has a return on equity of 13.0%, a debt to equity ratio of 1.42 and a market capitalisation of Rs 4,847 crore. The stock trades at a P/E of 26.0, below the industry P/E of 49.5. Looking ahead, the company is expanding its exclusive brand stores and growing its online sales while adding new brands, which supports revenue growth. Strong licensed brands with loyal customers help repeat demand.
How has Bata India performed financially?
Ans. Revenue rose from Rs 2,444 crore in FY22 to Rs 3,595 crore in FY26, a compound annual growth rate of 10.1%. Net profit grew from Rs 103 crore in FY22 to Rs 134 crore in FY26, which works out to a compound annual growth rate of 6.8%. In the June 2026 quarter, revenue grew 4.0% year on year to Rs 997 crore, while net profit rose 23.0% to Rs 64.0 crore. The company has a return on equity of 10.4%, a debt to equity ratio of 0.87 and a market capitalisation of Rs 8,187 crore. The stock trades at a P/E of 56.0, above the industry P/E of 37.0. Looking ahead, the company is widening its range into sports, casual and premium footwear and adding stores in smaller towns. A trusted brand and deep retail reach support steady demand.
What risks should investors check before buying apparel, fabric and footwear brand stocks?
Ans. Investors should check a few risks before buying apparel, fabric and footwear brand stocks. Consumer spending. Discretionary purchases can slow in weak periods. Inventory. Fashion cycles require careful stock control. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of apparel, fabric and footwear brand stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 23 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.