{"id":297371,"date":"2026-10-09T10:46:40","date_gmt":"2026-10-09T05:16:40","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=297371"},"modified":"2026-10-09T10:46:40","modified_gmt":"2026-10-09T05:16:40","slug":"textile-and-apparel-manufacturing-stocks-strong-roadmap","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/","title":{"rendered":"3 Textile and Apparel Manufacturing Stocks With a Strong Future Roadmap: KPR Mill, Gokaldas Exports and Vardhman Textiles"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>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.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">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&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>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.<\/p>\n<p>Readers comparing textile and apparel manufacturing stocks should weigh growth, margins, cash flow and valuation together instead of leaning on any single number.<\/p>\n<p>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.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=textile-and-apparel-manufacturing-stocks-strong-roadmap\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#What_Are_Textile_and_Apparel_Manufacturing_Stocks\" title=\"What Are Textile and Apparel Manufacturing Stocks?\">What Are Textile and Apparel Manufacturing Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Textile_and_Apparel_Manufacturing_Stocks_at_a_Glance\" title=\"Textile and Apparel Manufacturing Stocks at a Glance\">Textile and Apparel Manufacturing Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Why_Do_Textile_and_Apparel_Manufacturing_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Textile and Apparel Manufacturing Stocks Have a Strong Roadmap in India?\">Why Do Textile and Apparel Manufacturing Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#KPR_Mill_Integrated_Yarn_and_Garment_Chain_Anchors_the_Roadmap\" title=\"KPR Mill: Integrated Yarn and Garment Chain Anchors the Roadmap\">KPR Mill: Integrated Yarn and Garment Chain Anchors the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Gokaldas_Exports_Apparel_Exports_Drive_the_Pipeline\" title=\"Gokaldas Exports: Apparel Exports Drive the Pipeline\">Gokaldas Exports: Apparel Exports Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Vardhman_Textiles_Yarn_Fabric_and_Fibre_Build_the_Next_Leg\" title=\"Vardhman Textiles: Yarn, Fabric and Fibre Build the Next Leg\">Vardhman Textiles: Yarn, Fabric and Fibre Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Best_Textile_and_Apparel_Manufacturing_Stocks_in_India_KPR_Mill_vs_Gokaldas_Exports_vs_Vardhman_Textiles_on_Key_Financials\" title=\"Best Textile and Apparel Manufacturing Stocks in India: KPR Mill vs Gokaldas Exports vs Vardhman Textiles on Key Financials\">Best Textile and Apparel Manufacturing Stocks in India: KPR Mill vs Gokaldas Exports vs Vardhman Textiles on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#How_to_Evaluate_Textile_and_Apparel_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Textile and Apparel Stocks to Buy Before You Invest\">How to Evaluate Textile and Apparel Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Risks_to_Consider_Before_Investing_in_Textile_and_Apparel_Manufacturing_Stocks\" title=\"Risks to Consider Before Investing in Textile and Apparel Manufacturing Stocks\">Risks to Consider Before Investing in Textile and Apparel Manufacturing Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#FAQs_on_Textile_and_Apparel_Manufacturing_Stocks\" title=\"FAQs on Textile and Apparel Manufacturing Stocks\">FAQs on Textile and Apparel Manufacturing Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Which_are_the_best_textile_and_apparel_manufacturing_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best textile and apparel manufacturing stocks in India with a strong roadmap?\">Which are the best textile and apparel manufacturing stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Is_KPR_Mill_a_good_stock_to_buy_now\" title=\"Is KPR Mill a good stock to buy now?\">Is KPR Mill a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#What_is_the_PE_ratio_of_KPR_Mill_Gokaldas_Exports_and_Vardhman_Textiles\" title=\"What is the P\/E ratio of KPR Mill, Gokaldas Exports and Vardhman Textiles?\">What is the P\/E ratio of KPR Mill, Gokaldas Exports and Vardhman Textiles?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Which_of_these_textile_and_apparel_manufacturing_stocks_has_the_highest_return_on_equity\" title=\"Which of these textile and apparel manufacturing stocks has the highest return on equity?\">Which of these textile and apparel manufacturing stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#What_are_the_risks_of_investing_in_textile_and_apparel_manufacturing_stocks\" title=\"What are the risks of investing in textile and apparel manufacturing stocks?\">What are the risks of investing in textile and apparel manufacturing stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#How_did_KPR_Mill_Gokaldas_Exports_and_Vardhman_Textiles_perform_in_Q1_FY27\" title=\"How did KPR Mill, Gokaldas Exports and Vardhman Textiles perform in Q1 FY27?\">How did KPR Mill, Gokaldas Exports and Vardhman Textiles perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#Do_textile_and_apparel_manufacturing_stocks_pay_dividends\" title=\"Do textile and apparel manufacturing stocks pay dividends?\">Do textile and apparel manufacturing stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/textile-and-apparel-manufacturing-stocks-strong-roadmap\/#How_can_I_invest_in_textile_and_apparel_manufacturing_stocks_in_India\" title=\"How can I invest in textile and apparel manufacturing stocks in India?\">How can I invest in textile and apparel manufacturing stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Textile_and_Apparel_Manufacturing_Stocks\"><\/span><strong>What Are Textile and Apparel Manufacturing Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Textile_and_Apparel_Manufacturing_Stocks_at_a_Glance\"><\/span><strong>Textile and Apparel Manufacturing Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/kprmill\/kpr-mill-ltd-share-price-today\">KPR Mill<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,053.30<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36,008<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.47<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.09<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.21%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.10<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/gokex\/gokaldas-exports-ltd-share-price-today\">Gokaldas Exports<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">652.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,781<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">46.43<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.09<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.63%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.59<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/vtl\/vardhman-textiles-ltd-share-price-today\">Vardhman Textiles<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">527.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15,265<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.75<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31.23<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.09%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.18<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>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.<\/p>\n<p>Valuation matters here because textile and apparel manufacturing stocks can look attractive on growth and still look expensive on earnings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Textile_and_Apparel_Manufacturing_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Textile and Apparel Manufacturing Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<ul>\n<li><strong>Sourcing shifts:<\/strong> Global apparel brands are adding India to their supplier base.<\/li>\n<li><strong>Trade deals:<\/strong> Wider market access can support export orders.<\/li>\n<li><strong>Integration:<\/strong> Owning yarn to garment steps improves cost control.<\/li>\n<\/ul>\n<p>Together these drivers explain why textile and apparel manufacturing stocks keep drawing investor attention.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"KPR_Mill_Integrated_Yarn_and_Garment_Chain_Anchors_the_Roadmap\"><\/span><strong>KPR Mill: Integrated Yarn and Garment Chain Anchors the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>KPR Mill&#8217;s roadmap rests on yarn, knitted fabric and garments, along with sugar and ethanol operations, with an integrated textile chain supporting margins and orders.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gokaldas_Exports_Apparel_Exports_Drive_the_Pipeline\"><\/span><strong>Gokaldas Exports: Apparel Exports Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Gokaldas Exports&#8217; roadmap rests on garment manufacturing for global apparel brands from facilities across India, with sourcing shifts toward India supporting export orders.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Vardhman_Textiles_Yarn_Fabric_and_Fibre_Build_the_Next_Leg\"><\/span><strong>Vardhman Textiles: Yarn, Fabric and Fibre Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Vardhman Textiles&#8217; roadmap rests on yarn, fabric and fibre production through integrated spinning and weaving operations, with scale and integration supporting its textile business.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Textile_and_Apparel_Manufacturing_Stocks_in_India_KPR_Mill_vs_Gokaldas_Exports_vs_Vardhman_Textiles_on_Key_Financials\"><\/span><strong>Best Textile and Apparel Manufacturing Stocks in India: KPR Mill vs Gokaldas Exports vs Vardhman Textiles on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">KPR Mill<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Gokaldas Exports<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Vardhman Textiles<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,784.29<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,064.96<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10,092.53<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-0.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">866.50<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">100.13<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">753.20<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-36.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-15.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating profit margin<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.07%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.29%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.32%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 net profit growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">51.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.21%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.63%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.09%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.47<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">46.43<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.75<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.10<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.59<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.18<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.47%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.95%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,107.84<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">51.59<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,108.12<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Textile earnings follow export orders, capacity use and cotton prices, so full-year numbers and quarterly trends together give a better view.<\/p>\n<p>No single metric ranks textile and apparel manufacturing stocks, so the table works as a starting point for deeper research.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Textile_and_Apparel_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Textile and Apparel Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen textile and apparel manufacturing stocks and shortlist textile and apparel stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which differs by company here.<\/li>\n<li>Check export share and capacity use, because both influence margins.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these textile and apparel manufacturing stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Textile_and_Apparel_Manufacturing_Stocks\"><\/span><strong>Risks to Consider Before Investing in Textile and Apparel Manufacturing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Annual profit:<\/strong> Gokaldas Exports&#8217; FY26 net profit of Rs 100.13 Cr was lower than the Rs 158.54 Cr of FY25.<\/li>\n<li><strong>Cotton prices:<\/strong> Raw material swings can change margins.<\/li>\n<li><strong>Global demand:<\/strong> Export orders depend on buyer markets.<\/li>\n<li><strong>Quarterly trends:<\/strong> A single weak quarter can change near-term earnings, so track results every quarter.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track KPR Mill, Gokaldas Exports and Vardhman Textiles live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<p>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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Textile_and_Apparel_Manufacturing_Stocks\"><\/span><strong>FAQs on Textile and Apparel Manufacturing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_textile_and_apparel_manufacturing_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best textile and apparel manufacturing stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_KPR_Mill_a_good_stock_to_buy_now\"><\/span><strong>Is KPR Mill a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_KPR_Mill_Gokaldas_Exports_and_Vardhman_Textiles\"><\/span><strong>What is the P\/E ratio of KPR Mill, Gokaldas Exports and Vardhman Textiles?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_textile_and_apparel_manufacturing_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these textile and apparel manufacturing stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> KPR Mill has the highest return on equity at 15.21%, followed by Vardhman Textiles at 7.09% and Gokaldas Exports at 4.63%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_textile_and_apparel_manufacturing_stocks\"><\/span><strong>What are the risks of investing in textile and apparel manufacturing stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are annual profit, cotton prices, global demand and quarterly trends. Gokaldas Exports&#8217; FY26 net profit of Rs 100.13 Cr was lower than the Rs 158.54 Cr of FY25.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_KPR_Mill_Gokaldas_Exports_and_Vardhman_Textiles_perform_in_Q1_FY27\"><\/span><strong>How did KPR Mill, Gokaldas Exports and Vardhman Textiles perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_textile_and_apparel_manufacturing_stocks_pay_dividends\"><\/span><strong>Do textile and apparel manufacturing stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_textile_and_apparel_manufacturing_stocks_in_India\"><\/span><strong>How can I invest in textile and apparel manufacturing stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy textile and apparel manufacturing stocks through a demat and trading account on NSE or BSE after checking each company&#8217;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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best textile and apparel manufacturing stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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%.\"}},{\"@type\":\"Question\",\"name\":\"Is KPR Mill a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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. 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The dividend yield is 0.47% for KPR Mill and 0.95% for Vardhman Textiles, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in textile and apparel manufacturing stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>KPR Mill, Gokaldas Exports and Vardhman Textiles compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":28,"featured_media":297370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[10630,10629,10627,10628,5977],"class_list":["post-297371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-gokaldas-exports","tag-kpr-mill","tag-textile-and-apparel-manufacturing-stocks","tag-textile-and-apparel-stocks-to-buy","tag-vardhman-textiles"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["297370"],"rank_math_title":["Textile and Apparel Manufacturing Stocks"],"rank_math_description":["Textile and apparel manufacturing stocks with a strong roadmap: KPR Mill, Gokaldas Exports and Vardhman Textiles compared on growth, valuation and risks."],"rank_math_focus_keyword":["textile and apparel manufacturing stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-textile-and-apparel-manufacturing-stocks-with-a-strong-future-roadmap-kpr-mill.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/297371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=297371"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/297371\/revisions"}],"predecessor-version":[{"id":297372,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/297371\/revisions\/297372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/297370"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=297371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=297371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=297371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}