3 Textile and Apparel Manufacturing Stocks With a Strong Future Roadmap: KPR Mill, Gokaldas Exports and Vardhman Textiles
- October 9, 2026
- Posted by: Neeraj Pandey
- Category: Best Stocks
KPR Mill Rs 1,053.30, P/E 39.47. Gokaldas Exports Rs 652.35, P/E 46.43. Vardhman Textiles Rs 527.35, P/E 17.75. Closing prices of 8 Oct 2026.
Quick Answer
Textile and apparel manufacturing stocks with the clearest long-term roadmaps today include KPR Mill in yarn, fabric and garments, Gokaldas Exports in garment exports and Vardhman Textiles in yarn, fabric and fibre. FY26 revenue growth was 5.0% at KPR Mill, 3.8% at Gokaldas Exports and -0.3% at Vardhman Textiles. P/E stands at 39.47 for KPR Mill (industry 36.09), 46.43 for Gokaldas Exports (industry 36.09) and 17.75 for Vardhman Textiles (industry 31.23). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company’s risks need equal attention.
Textile and apparel manufacturing stocks give investors exposure to makers of yarn, fabric and garments for India and global brands. Orders, capacity use and cotton costs decide how steady earnings are.
Readers comparing textile and apparel manufacturing stocks should weigh growth, margins, cash flow and valuation together instead of leaning on any single number.
This list covers three textile and apparel manufacturing stocks: KPR Mill for yarn, fabric and garments, Gokaldas Exports for garment exports and Vardhman Textiles for yarn, fabric and fibre. Every figure comes from the latest reported financials and the 8 October 2026 market close. Companies without complete current figures were left out.
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What Are Textile and Apparel Manufacturing Stocks?
Textile and apparel manufacturing stocks are shares of companies that spin, weave and stitch yarn, fabric and garments. Results depend on export orders, capacity use and cotton prices, so order flow and cotton costs separate the stronger names.
Textile and Apparel Manufacturing Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three textile and apparel manufacturing stocks as of the 8 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| KPR Mill | 1,053.30 | 36,008 | 39.47 | 36.09 | 15.21% | 0.10 |
| Gokaldas Exports | 652.35 | 4,781 | 46.43 | 36.09 | 4.63% | 0.59 |
| Vardhman Textiles | 527.35 | 15,265 | 17.75 | 31.23 | 7.09% | 0.18 |
Among garment exporter stocks, KPR Mill and Gokaldas Exports trade at a premium to the industry P/E, while Vardhman Textiles trades at a discount.
Valuation matters here because textile and apparel manufacturing stocks can look attractive on growth and still look expensive on earnings.
Why Do Textile and Apparel Manufacturing Stocks Have a Strong Roadmap in India?
Textile and apparel manufacturing stocks have a strong roadmap in India because global brands are widening sourcing, trade agreements help exporters and integrated players control costs. Three drivers stand out.
- Sourcing shifts: Global apparel brands are adding India to their supplier base.
- Trade deals: Wider market access can support export orders.
- Integration: Owning yarn to garment steps improves cost control.
Together these drivers explain why textile and apparel manufacturing stocks keep drawing investor attention.
KPR Mill: Integrated Yarn and Garment Chain Anchors the Roadmap
KPR Mill’s roadmap rests on yarn, knitted fabric and garments, along with sugar and ethanol operations, with an integrated textile chain supporting margins and orders.
Revenue grew from Rs 4,909.70 crore in FY22 to Rs 6,784.29 crore in FY26, a 38.2% rise, and FY26 revenue was 5.0% higher than FY25. FY26 net profit rose 6.3% to Rs 866.50 crore. Over four years, net profit rose from Rs 841.84 crore in FY22 to Rs 866.50 crore. In Q1 FY27, revenue grew 9.3% to Rs 1,970.26 crore, and net profit rose 21.6% to Rs 258.54 crore. Operating margin was 21.07% in FY26 and 22.09% in Q1 FY27 against 20.53% a year earlier.
Debt to equity is 0.10 and return on equity is 15.21%. FY26 operating cash flow was Rs 1,107.84 crore against capital expenditure of Rs 314.82 crore. KPR Mill paid a dividend of Rs 5 per share for FY26, a yield of 0.47%. At a P/E of 39.47 against an industry P/E of 36.09, the stock trades above its industry multiple.
What to watch: Q1 FY27 operating margin was 22.09% against 21.07% for FY26, so margin stability is the figure to follow as volumes grow.
Gokaldas Exports: Apparel Exports Drive the Pipeline
Gokaldas Exports’ roadmap rests on garment manufacturing for global apparel brands from facilities across India, with sourcing shifts toward India supporting export orders.
Revenue grew from Rs 1,801.00 crore in FY22 to Rs 4,064.96 crore in FY26, a 125.7% rise, and FY26 revenue was 3.8% higher than FY25. FY26 net profit fell 36.8% to Rs 100.13 crore. Over four years, net profit fell from Rs 117.08 crore in FY22 to Rs 100.13 crore. In Q1 FY27, revenue grew 20.8% to Rs 1,180.17 crore, and net profit rose 6.8% to Rs 44.30 crore. Operating margin was 10.29% in FY26 and 12.06% in Q1 FY27 against 12.42% a year earlier.
Debt to equity is 0.59 and return on equity is 4.63%. FY26 operating cash flow was Rs 51.59 crore against capital expenditure of Rs 228.13 crore. At a P/E of 46.43 against an industry P/E of 36.09, the stock trades above its industry multiple.
What to watch: FY26 net profit of Rs 100.13 Cr was lower than the Rs 158.54 Cr of FY25, and return on equity of 4.63% is modest.
Vardhman Textiles: Yarn, Fabric and Fibre Build the Next Leg
Vardhman Textiles’ roadmap rests on yarn, fabric and fibre production through integrated spinning and weaving operations, with scale and integration supporting its textile business.
Revenue grew from Rs 9,846.85 crore in FY22 to Rs 10,092.53 crore in FY26, a 2.5% rise, and FY26 revenue was 0.3% lower than FY25. FY26 net profit fell 15.1% to Rs 753.20 crore. Over four years, net profit fell from Rs 1,551.04 crore in FY22 to Rs 753.20 crore. In Q1 FY27, revenue grew 13.2% to Rs 2,781.14 crore, and net profit rose 51.5% to Rs 314.56 crore. Operating margin was 15.32% in FY26 and 20.99% in Q1 FY27 against 17.10% a year earlier.
Debt to equity is 0.18 and return on equity is 7.09%. FY26 operating cash flow was Rs 1,108.12 crore against capital expenditure of Rs 1,737.94 crore. Vardhman Textiles paid a dividend of Rs 5 per share for FY26, a yield of 0.95%. At a P/E of 17.75 against an industry P/E of 31.23, the stock trades below its industry multiple.
What to watch: FY26 net profit of Rs 753.20 Cr was lower than the Rs 886.72 Cr of FY25, and return on equity of 7.09% is modest.
Best Textile and Apparel Manufacturing Stocks in India: KPR Mill vs Gokaldas Exports vs Vardhman Textiles on Key Financials
Among the best textile and apparel manufacturing stocks in India, KPR Mill leads on FY26 revenue growth and FY26 operating margin; Gokaldas Exports leads on Q1 FY27 revenue growth; Vardhman Textiles leads on Q1 FY27 net profit growth and the lowest P/E. The table puts the numbers side by side.
| Metric | KPR Mill | Gokaldas Exports | Vardhman Textiles |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 6,784.29 | 4,064.96 | 10,092.53 |
| FY26 revenue growth | 5.0% | 3.8% | -0.3% |
| FY26 net profit (Rs Cr) | 866.50 | 100.13 | 753.20 |
| FY26 net profit growth | 6.3% | -36.8% | -15.1% |
| FY26 operating profit margin | 21.07% | 10.29% | 15.32% |
| Q1 FY27 revenue growth (YoY) | 9.3% | 20.8% | 13.2% |
| Q1 FY27 net profit growth (YoY) | 21.6% | 6.8% | 51.5% |
| Return on equity | 15.21% | 4.63% | 7.09% |
| P/E ratio | 39.47 | 46.43 | 17.75 |
| Debt to equity | 0.10 | 0.59 | 0.18 |
| Dividend yield | 0.47% | 0.00% | 0.95% |
| FY26 operating cash flow (Rs Cr) | 1,107.84 | 51.59 | 1,108.12 |
Textile earnings follow export orders, capacity use and cotton prices, so full-year numbers and quarterly trends together give a better view.
No single metric ranks textile and apparel manufacturing stocks, so the table works as a starting point for deeper research.
How to Evaluate Textile and Apparel Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen textile and apparel manufacturing stocks and shortlist textile and apparel stocks to buy.
- Compare each stock’s P/E with its industry P/E, which differs by company here.
- Check export share and capacity use, because both influence margins.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read operating cash flow against capital expenditure to see how growth is funded.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Check the Univest Screener for live data on these textile and apparel manufacturing stocks
Risks to Consider Before Investing in Textile and Apparel Manufacturing Stocks
- Annual profit: Gokaldas Exports’ FY26 net profit of Rs 100.13 Cr was lower than the Rs 158.54 Cr of FY25.
- Cotton prices: Raw material swings can change margins.
- Global demand: Export orders depend on buyer markets.
- Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.
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Final Take: Which Stock Has the Strongest Roadmap?
These three garment exporter stocks cover integrated yarn and garments, garment exports and yarn, fabric and fibre. KPR Mill leads on FY26 revenue growth and FY26 operating margin; Gokaldas Exports leads on Q1 FY27 revenue growth; Vardhman Textiles leads on Q1 FY27 net profit growth and the lowest P/E.
Across textile and apparel manufacturing stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the textile and apparel stocks to buy discussed here.
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).
FAQs on Textile and Apparel Manufacturing Stocks
Which are the best textile and apparel manufacturing stocks in India with a strong roadmap?
Ans. KPR Mill, Gokaldas Exports and Vardhman Textiles stand out for their roadmaps in integrated yarn and garments, garment exports and yarn, fabric and fibre. FY26 revenue growth was 5.0% at KPR Mill, 3.8% at Gokaldas Exports and -0.3% at Vardhman Textiles, and return on equity ranges from 4.63% to 15.21%.
Is KPR Mill a good stock to buy now?
Ans. KPR Mill has a debt to equity ratio of 0.10, a return on equity of 15.21% and a P/E of 39.47 against an industry P/E of 36.09. Valuation, cotton prices and global demand move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of KPR Mill, Gokaldas Exports and Vardhman Textiles?
Ans. The P/E ratio is 39.47 for KPR Mill (industry 36.09), 46.43 for Gokaldas Exports (industry 36.09) and 17.75 for Vardhman Textiles (industry 31.23). Only KPR Mill and Gokaldas Exports trade at or above the industry multiple.
Which of these textile and apparel manufacturing stocks has the highest return on equity?
Ans. KPR Mill has the highest return on equity at 15.21%, followed by Vardhman Textiles at 7.09% and Gokaldas Exports at 4.63%.
What are the risks of investing in textile and apparel manufacturing stocks?
Ans. The main risks are annual profit, cotton prices, global demand and quarterly trends. Gokaldas Exports’ FY26 net profit of Rs 100.13 Cr was lower than the Rs 158.54 Cr of FY25.
How did KPR Mill, Gokaldas Exports and Vardhman Textiles perform in Q1 FY27?
Ans. KPR Mill reported revenue of Rs 1,970.26 crore, up 9.3% year on year, and net profit rose 21.6% to Rs 258.54 crore. Gokaldas Exports reported revenue of Rs 1,180.17 crore, up 20.8% year on year, and net profit rose 6.8% to Rs 44.30 crore. Vardhman Textiles reported revenue of Rs 2,781.14 crore, up 13.2% year on year, and net profit rose 51.5% to Rs 314.56 crore.
Do textile and apparel manufacturing stocks pay dividends?
Ans. KPR Mill and Vardhman Textiles pay dividends. The dividend yield is 0.47% for KPR Mill and 0.95% for Vardhman Textiles, based on dividends declared for FY26.
How can I invest in textile and apparel manufacturing stocks in India?
Ans. You can buy textile and apparel manufacturing stocks through a demat and trading account on NSE or BSE after checking each company’s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.
