3 Footwear Brand, Garment Exports and Innerwear Brands Stocks With a Strong Future Roadmap: Redtape, Pearl Global Industries and Dollar Industries

Footwear, innerwear and garment stocks let investors follow companies that make everyday clothing and shoes for Indian and global buyers. Redtape, Pearl Global Industries and Dollar Industries cover a footwear brand, garment exports and innerwear and athleisure brands.

This list covers three footwear, innerwear and garment stocks with complete current figures: Redtape, Pearl Global Industries and Dollar Industries. Every figure comes from the latest reported financials and the 21 October 2026 market close. Companies without complete current figures were left out.

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What Are Footwear, Innerwear and Garment Stocks?

Footwear, innerwear and garment stocks are listed companies that make and sell shoes, innerwear and garments through stores, dealers, online channels and export contracts. Their earnings depend on volumes, brand pull and customer relationships.

Footwear, Innerwear and Garment Stocks at a Glance

On valuation, Redtape and Dollar Industries trade at a P/E below the industry P/E, while Pearl Global Industries trades above it, which reflects the growth the market already expects. Readers comparing footwear, innerwear and garment stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.

Why Do Footwear, Innerwear and Garment Stocks Have a Strong Roadmap in India?

Footwear, innerwear and garment stocks have a strong roadmap in India because rising incomes, a shift to branded basics and the move of global sourcing towards Indian factories are widening the market.

• Branded basics. Shoppers are moving from unbranded to branded everyday wear.
• Export sourcing. Global brands are adding suppliers outside traditional hubs.
• Multi-channel sales. Exclusive stores and online channels widen reach.

Why Redtape Features Among These Footwear, Innerwear and Garment Stocks

Among the footwear, innerwear and garment stocks on this list, Redtape, an Indian footwear and accessories brand, sells casual, formal and sports footwear through exclusive stores, multi-brand outlets and online channels.

Revenue rose from Rs 303 crore in FY22 to Rs 2,552 crore in FY26, a compound annual growth rate of 70.3%. Net profit grew from Rs 29.0 crore in FY22 to Rs 241 crore in FY26, which works out to a compound annual growth rate of 69.6%.

In the June 2026 quarter, revenue grew 4.8% year on year to Rs 496 crore, while net profit rose 15.2% to Rs 44.5 crore. The company has a return on equity of 23.6%, a debt to equity ratio of 0.70 and a market capitalisation of Rs 6,169 crore. The stock trades at a P/E of 25.0, below the industry P/E of 63.4.

Roadmap: Growth is driven by store expansion, higher online sales and a broader product range, including apparel and accessories. A shift towards branded footwear in smaller cities widens its customer base.

What to watch: Follow same-store sales and the pace of new store openings.

Why Pearl Global Industries Features Among These Footwear, Innerwear and Garment Stocks

Among the footwear brand shares on this list, Pearl Global Industries is a Gurugram-based apparel manufacturer and exporter that makes garments for leading international brands from factories in India, Bangladesh, Vietnam and Indonesia.

In the June 2026 quarter, revenue grew 24.2% year on year to Rs 1,539 crore, while net profit rose 51.4% to Rs 99.2 crore. Revenue rose from Rs 2,747 crore in FY22 to Rs 5,062 crore in FY26, a compound annual growth rate of 16.5%.

Net profit grew from Rs 70.1 crore in FY22 to Rs 270 crore in FY26, which works out to a compound annual growth rate of 40.1%. The company has a return on equity of 19.0%, a debt to equity ratio of 0.65 and a market capitalisation of Rs 11,806 crore. The stock trades at a P/E of 38.9, above the industry P/E of 35.2.

Roadmap: The company benefits from global brands diversifying their sourcing away from a single country, and its multi-country footprint helps it serve them. Capacity additions and a growing retail brand portfolio add to its growth levers.

What to watch: Watch order inflow from global brands and the ramp-up of newer factories.

Why Dollar Industries Features Among These Footwear, Innerwear and Garment Stocks

Among the three companies on this list, Dollar Industries is a Kolkata-based innerwear and athleisure company that sells under brands such as Big Boss, Force NXT, Missy and Dollar Bigboss.

The company has a return on equity of 11.3%, a debt to equity ratio of 0.31 and a market capitalisation of Rs 1,489 crore. The stock trades at a P/E of 13.3, below the industry P/E of 35.2.

Revenue rose from Rs 1,349 crore in FY22 to Rs 1,885 crore in FY26, a compound annual growth rate of 8.7%. Net profit grew from Rs 52.5 crore in FY23 to Rs 107 crore in FY26, which works out to a compound annual growth rate of 26.9%. In the June 2026 quarter, revenue grew 1.5% year on year to Rs 406 crore, while net profit rose 20.4% to Rs 26.2 crore.

Roadmap: The company has a wide distribution network across the country and has widened its range into women's wear and athleisure. Brand extensions and a growing share of premium products support its plans.

What to watch: Track the growth in premium categories and the distributor network expansion.

Redtape vs Pearl Global Industries vs Dollar Industries on Key Financials

The table below sets the three footwear, innerwear and garment stocks side by side on revenue, profit and margin, using reported figures.

Redtape posts the highest return on equity in this group at 23.6%. Pearl Global Industries has the largest FY26 revenue at Rs 5,062 crore, and Redtape shows the fastest revenue growth with a 70.3% compound annual rate. A useful habit with footwear, innerwear and garment 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:

Key Risks to Check Before Investing in Footwear, Innerwear and Garment Stocks

Every theme carries risks that deserve a check before any decision. For these footwear, innerwear and garment stocks, the main points are: Long-term footwear brand shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

• Fashion cycles. Changing tastes can shift demand between categories.
• Input costs. Cotton, leather and freight costs can affect margins.
• 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 footwear, innerwear and garment stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Footwear, Innerwear and Garment Stocks

Footwear, innerwear and garment stocks reward investors who follow volumes, channel growth and margins together. Redtape, Pearl Global Industries and Dollar Industries each serve a different slice of the clothing market. Based on the 21 October 2026 close, Redtape trades at Rs 109.49, Pearl Global Industries at Rs 1,216.6 and Dollar Industries at Rs 255.8. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these footwear, innerwear and garment stocks to a watchlist.

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What are footwear, innerwear and garment stocks?

Ans. Footwear, innerwear and garment stocks are listed companies that make and sell shoes, innerwear and garments through stores, dealers, online channels and export contracts. Their earnings depend on volumes, brand pull and customer relationships. This list looks at three of them, Redtape, Pearl Global Industries and Dollar Industries, using reported FY22 to FY26 financials and the 21 October 2026 closing prices.

Which footwear, innerwear and garment stocks are covered in this list?

Ans. This list covers Redtape, Pearl Global Industries and Dollar Industries. Based on the 21 October 2026 close, Redtape traded at Rs 109.49, Pearl Global Industries at Rs 1,216.6 and Dollar Industries at Rs 255.8. Their return on equity ranges from 11.3% to 23.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.7% to 70.3%.

Why do footwear, innerwear and garment stocks have a strong future roadmap in India?

Ans. Footwear, innerwear and garment stocks have a strong roadmap in India because rising incomes, a shift to branded basics and the move of global sourcing towards Indian factories are widening the market. The main drivers are as follows. Branded basics. Shoppers are moving from unbranded to branded everyday wear. Export sourcing. Global brands are adding suppliers outside traditional hubs. Multi-channel sales. Exclusive stores and online channels widen reach. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Redtape performed financially?

Ans. Revenue rose from Rs 303 crore in FY22 to Rs 2,552 crore in FY26, a compound annual growth rate of 70.3%. Net profit grew from Rs 29.0 crore in FY22 to Rs 241 crore in FY26, which works out to a compound annual growth rate of 69.6%. In the June 2026 quarter, revenue grew 4.8% year on year to Rs 496 crore, while net profit rose 15.2% to Rs 44.5 crore. The company has a return on equity of 23.6%, a debt to equity ratio of 0.70 and a market capitalisation of Rs 6,169 crore. The stock trades at a P/E of 25.0, below the industry P/E of 63.4. Looking ahead, growth is driven by store expansion, higher online sales and a broader product range, including apparel and accessories. A shift towards branded footwear in smaller cities widens its customer base.

How has Pearl Global Industries performed financially?

Ans. Revenue rose from Rs 2,747 crore in FY22 to Rs 5,062 crore in FY26, a compound annual growth rate of 16.5%. Net profit grew from Rs 70.1 crore in FY22 to Rs 270 crore in FY26, which works out to a compound annual growth rate of 40.1%. In the June 2026 quarter, revenue grew 24.2% year on year to Rs 1,539 crore, while net profit rose 51.4% to Rs 99.2 crore. The company has a return on equity of 19.0%, a debt to equity ratio of 0.65 and a market capitalisation of Rs 11,806 crore. The stock trades at a P/E of 38.9, above the industry P/E of 35.2. Looking ahead, the company benefits from global brands diversifying their sourcing away from a single country, and its multi-country footprint helps it serve them. Capacity additions and a growing retail brand portfolio add to its growth levers.

How has Dollar Industries performed financially?

Ans. Revenue rose from Rs 1,349 crore in FY22 to Rs 1,885 crore in FY26, a compound annual growth rate of 8.7%. Net profit grew from Rs 52.5 crore in FY23 to Rs 107 crore in FY26, which works out to a compound annual growth rate of 26.9%. In the June 2026 quarter, revenue grew 1.5% year on year to Rs 406 crore, while net profit rose 20.4% to Rs 26.2 crore. The company has a return on equity of 11.3%, a debt to equity ratio of 0.31 and a market capitalisation of Rs 1,489 crore. The stock trades at a P/E of 13.3, below the industry P/E of 35.2. Looking ahead, the company has a wide distribution network across the country and has widened its range into women's wear and athleisure. Brand extensions and a growing share of premium products support its plans.

What risks should investors check before buying footwear, innerwear and garment stocks?

Ans. Investors should check a few risks before buying footwear, innerwear and garment stocks. Fashion cycles. Changing tastes can shift demand between categories. Input costs. Cotton, leather and freight costs can affect margins. 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 footwear, innerwear and garment stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 21 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.