Skip to content
IPIndiaPulseEquity intelligence
Sign inGet started
NIFTY 50
22,811.35
-77.60 (-0.34%)
NIFTY MIDCAP 100
57,565.85
-922.10 (-1.58%)
NIFTY BANK
54,976.90
-511.20 (-0.92%)
Dow Futures
52,851.70
+354.30 (+0.67%)
Indian market · Previous close · 21 Oct, 3:30 pm IST
Themes / Textiles

Textiles

Apparel, home textiles, yarn, technical textiles, and exports.

TextilesAuto-built
Theme price path

Textiles vs Nifty 500

Weekly basket performance over the latest 52 observations. Green is ahead of Nifty 500; red is behind.

Through 21 Oct 2026
Coverage healthy
Theme aheadTheme behindNifty 500Base 100 at the first visible weekLatest: Underperforming -11.9%
7079879610431 Oct 2025 | Textiles 100.0 | Nifty 500 100.0 | In line 0.0% | breadth 42% | coverage 94%07 Nov 2025 | Textiles 98.3 | Nifty 500 99.2 | Underperforming -0.9% | breadth 27% | coverage 94%14 Nov 2025 | Textiles 97.8 | Nifty 500 100.5 | Underperforming -2.7% | breadth 42% | coverage 94%21 Nov 2025 | Textiles 96.3 | Nifty 500 100.3 | Underperforming -4.0% | breadth 30% | coverage 94%28 Nov 2025 | Textiles 95.8 | Nifty 500 100.9 | Underperforming -5.1% | breadth 38% | coverage 94%05 Dec 2025 | Textiles 93.0 | Nifty 500 100.5 | Underperforming -7.5% | breadth 19% | coverage 94%12 Dec 2025 | Textiles 92.5 | Nifty 500 100.1 | Underperforming -7.6% | breadth 40% | coverage 94%19 Dec 2025 | Textiles 91.6 | Nifty 500 99.9 | Underperforming -8.3% | breadth 34% | coverage 95%26 Dec 2025 | Textiles 91.9 | Nifty 500 100.3 | Underperforming -8.4% | breadth 49% | coverage 95%02 Jan 2026 | Textiles 92.0 | Nifty 500 101.6 | Underperforming -9.4% | breadth 49% | coverage 95%09 Jan 2026 | Textiles 87.7 | Nifty 500 99.0 | Underperforming -11.4% | breadth 11% | coverage 95%16 Jan 2026 | Textiles 86.6 | Nifty 500 99.1 | Underperforming -12.6% | breadth 35% | coverage 94%23 Jan 2026 | Textiles 82.1 | Nifty 500 95.8 | Underperforming -14.3% | breadth 13% | coverage 94%01 Feb 2026 | Textiles 84.1 | Nifty 500 95.4 | Underperforming -11.8% | breadth 66% | coverage 95%06 Feb 2026 | Textiles 87.1 | Nifty 500 98.8 | Underperforming -11.8% | breadth 71% | coverage 95%13 Feb 2026 | Textiles 87.5 | Nifty 500 98.3 | Underperforming -11.0% | breadth 48% | coverage 95%20 Feb 2026 | Textiles 85.9 | Nifty 500 98.7 | Underperforming -13.0% | breadth 29% | coverage 95%27 Feb 2026 | Textiles 83.9 | Nifty 500 97.7 | Underperforming -14.1% | breadth 31% | coverage 95%06 Mar 2026 | Textiles 80.7 | Nifty 500 94.8 | Underperforming -14.9% | breadth 16% | coverage 95%13 Mar 2026 | Textiles 77.4 | Nifty 500 90.2 | Underperforming -14.2% | breadth 17% | coverage 96%20 Mar 2026 | Textiles 77.1 | Nifty 500 90.0 | Underperforming -14.3% | breadth 46% | coverage 96%27 Mar 2026 | Textiles 73.3 | Nifty 500 88.7 | Underperforming -17.4% | breadth 15% | coverage 96%02 Apr 2026 | Textiles 75.7 | Nifty 500 88.3 | Underperforming -14.3% | breadth 76% | coverage 96%10 Apr 2026 | Textiles 82.1 | Nifty 500 94.2 | Underperforming -12.8% | breadth 91% | coverage 96%17 Apr 2026 | Textiles 85.7 | Nifty 500 96.5 | Underperforming -11.2% | breadth 84% | coverage 97%24 Apr 2026 | Textiles 85.0 | Nifty 500 95.2 | Underperforming -10.7% | breadth 35% | coverage 97%30 Apr 2026 | Textiles 85.7 | Nifty 500 95.7 | Underperforming -10.4% | breadth 54% | coverage 100%08 May 2026 | Textiles 88.6 | Nifty 500 97.5 | Underperforming -9.1% | breadth 75% | coverage 99%15 May 2026 | Textiles 85.1 | Nifty 500 95.0 | Underperforming -10.4% | breadth 20% | coverage 99%22 May 2026 | Textiles 84.8 | Nifty 500 95.5 | Underperforming -11.2% | breadth 44% | coverage 100%29 May 2026 | Textiles 85.7 | Nifty 500 95.6 | Underperforming -10.4% | breadth 53% | coverage 100%05 Jun 2026 | Textiles 85.7 | Nifty 500 94.8 | Underperforming -9.6% | breadth 45% | coverage 100%12 Jun 2026 | Textiles 84.7 | Nifty 500 95.3 | Underperforming -11.1% | breadth 34% | coverage 100%19 Jun 2026 | Textiles 87.2 | Nifty 500 97.7 | Underperforming -10.7% | breadth 70% | coverage 100%26 Jun 2026 | Textiles 87.1 | Nifty 500 97.5 | Underperforming -10.7% | breadth 44% | coverage 100%03 Jul 2026 | Textiles 87.5 | Nifty 500 98.3 | Underperforming -11.0% | breadth 52% | coverage 100%10 Jul 2026 | Textiles 86.8 | Nifty 500 98.5 | Underperforming -11.9% | breadth 38% | coverage 100%17 Jul 2026 | Textiles 86.2 | Nifty 500 98.4 | Underperforming -12.4% | breadth 38% | coverage 99%24 Jul 2026 | Textiles 85.2 | Nifty 500 96.7 | Underperforming -11.9% | breadth 31% | coverage 99%31 Jul 2026 | Textiles 85.7 | Nifty 500 98.9 | Underperforming -13.3% | breadth 50% | coverage 100%07 Aug 2026 | Textiles 87.7 | Nifty 500 100.0 | Underperforming -12.3% | breadth 65% | coverage 100%14 Aug 2026 | Textiles 86.6 | Nifty 500 99.5 | Underperforming -13.0% | breadth 37% | coverage 100%21 Aug 2026 | Textiles 87.8 | Nifty 500 99.1 | Underperforming -11.4% | breadth 54% | coverage 100%28 Aug 2026 | Textiles 87.7 | Nifty 500 99.2 | Underperforming -11.6% | breadth 45% | coverage 100%04 Sept 2026 | Textiles 87.9 | Nifty 500 98.1 | Underperforming -10.4% | breadth 44% | coverage 100%11 Sept 2026 | Textiles 86.9 | Nifty 500 96.4 | Underperforming -9.9% | breadth 33% | coverage 100%18 Sept 2026 | Textiles 85.9 | Nifty 500 96.3 | Underperforming -10.8% | breadth 36% | coverage 100%25 Sept 2026 | Textiles 86.9 | Nifty 500 95.3 | Underperforming -8.8% | breadth 53% | coverage 100%01 Oct 2026 | Textiles 84.2 | Nifty 500 92.2 | Underperforming -8.7% | breadth 16% | coverage 99%09 Oct 2026 | Textiles 83.7 | Nifty 500 92.2 | Underperforming -9.2% | breadth 40% | coverage 100%16 Oct 2026 | Textiles 84.4 | Nifty 500 93.9 | Underperforming -10.1% | breadth 56% | coverage 100%21 Oct 2026 | Textiles 81.1 | Nifty 500 92.1 | Underperforming -11.9% | breadth 14% | coverage 100%Underperforming -11.9%31 Oct 202524 Apr 202621 Oct 2026
Theme return
-18.9%
Nifty 500
-7.9%
Vs Nifty 500
-11.9%
Latest coverage
263/263
How this plot is calculated

The theme line is green when its cumulative rebased performance is above Nifty 500 and red when it is below. The chart callout shows the latest relative performance as the theme level divided by the benchmark level, minus one.

The basket uses the theme's current reviewed companies. For each available week, we calculate every valid constituent's close-to-close return and give each company the same weight. If a weekly rollup is missing or lags the daily series, the final available daily close in that week is used.

For baskets with at least 10 valid stocks, the highest and lowest 5% of weekly returns are trimmed to reduce split, corporate-action, and single-stock distortions. Weekly basket returns are then compounded and rebased to 100 beside the Nifty 500.

Breadth is the share of valid constituents that rose that week. Coverage is the number with usable aligned prices divided by current membership. Weekly moves above 80% are excluded as likely data or corporate-action outliers.

Limitation: this is a current-membership historical reconstruction, not a point-in-time investable index. It can contain survivorship bias and excludes costs, liquidity impact, dividends, and rebalancing turnover.

Model note: Current-member weekly equal-weight returns (5% tails trimmed for baskets of 10+), compounded and rebased to 100 against Nifty 500; lagging weekly rollups are patched with the final available daily close, and rotation uses 13-week excess return with four-week acceleration.

Theme scorecard

Measures whether this idea is investable today by blending cohort quality, valuation cushion, and price momentum. It is a research filter, not advice.

Build portfolio from this theme
Theme
27
Stretched
Quality
11
Valuation
35
Momentum
50
Positive MoS
44%
P/E 62.5 · ROCE 9%
Curated research view

Textiles

A focused investor view: high-conviction names first, then small/micro exposure only as controlled satellite risk. Live U-Score and MoS still come from the current database.

62/100
Theme score
Selective
Investability
38.3
Live avg U
-894.2%
Live avg MoS

High-conviction shortlist

#1PASUPTAC
Pasupati Acrylon Limited
86
U
SmallMoS +77.6%Piotroski 8/9
#2BORANA
Borana Weaves Limited
84
U
SmallMoS +72.6%Piotroski 8/9
#3GINNIFILA
Ginni Filaments Limited
84
U
SmallMoS +71.0%Piotroski 8/9
#4VCL
Vaxtex Cotfab Limited
79
U
SmallMoS +83.5%Piotroski 5/9
#5KMSUGAR
K.M.Sugar Mills Limited
77
U
SmallMoS +81.8%Piotroski 8/9
#6SIYSIL
Siyaram Silk Mills Limited
77
U
SmallMoS +70.2%Piotroski 8/9
#7UGARSUGAR
The Ugar Sugar Works Limited
76
U
SmallMoS +73.3%Piotroski 7/9
#8SIDDHIKA
Siddhika Coatings Ltd.
76
U
SMEMoS +65.1%Piotroski 8/9
#9MAFATIND
Mafatlal Industries Limited
74
U
SmallMoS +59.0%Piotroski 7/9
#10KAYTEX
Kaytex Fabrics Ltd.
71
U
SMEMoS +86.3%Piotroski 6/9
#11NDL
Nandan Denim Limited
71
U
SmallMoS +70.0%Piotroski 7/9
#12SPUNWEB
Spunweb Nonwoven Ltd.
71
U
SMEMoS +60.5%Piotroski 8/9

Curated company map

Names from the curated theme note. Solid chips are present in the live eligible cohort; dashed chips need membership review, ticker verification, or may be indirect/unlisted exposure.

9/9 live eligible
PAGEINDTRIDENTWELSPUNLIVALOKINDSVTLSRFKPRMILLRUPAARVIND

Investment thesis

PLI, China+1, technical textiles, domestic apparel, and exports support the sector, but commodity/raw-material cycles make selectivity crucial.

1-2 year outlook: Moderate to positive. Branded and value-added players are preferred.
Recommended allocation: 4-7%.

Key triggers

  • PLI capacity additions
  • Export recovery
  • Technical textile demand
  • Organised retail growth

Major risks

  • Cotton price volatility
  • Global competition
  • Labour intensity
  • Currency swings
Small, micro, and SME names should be opt-in exposure. Suggested filters: U-Score above 65, positive MoS, Piotroski 7+, debt/equity below 0.8, promoter pledge below 10%, and enough traded value to exit without slippage.

Thesis

A data-generated Textiles basket from tagged stocks. Commodity cycles and export demand make selectivity important.

  • ▸PLI and exports
  • ▸Technical textiles
  • ▸Cotton price risk

Top picks · ranked by U-Score within this cohort

#1PASUPTACSmall
Pasupati Acrylon Limited
Consumer
DEEP VALUE

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +77.6%Piotroski: 8/9ROCE: 21%P/E: 6.5D/E: 0.25
86
U-Score
₹70.54
Open →
#2BORANASmall
Borana Weaves Limited
Consumer
DEEP VALUE

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +72.6%Piotroski: 8/9ROCE: 33%P/E: 10.5D/E: 0.25
84
U-Score
₹224.60
Open →
#3GINNIFILASmall
Ginni Filaments Limited
Consumer
DEEP VALUE

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +71.0%Piotroski: 8/9ROCE: 22%P/E: 9.7D/E: 0.17
84
U-Score
₹38.95
Open →

Full cohort

VCLSmall
Vaxtex Cotfab Limited
Consumer
DEEP VALUE

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +83.5%Piotroski: 5/9ROCE: 19%P/E: 4.8D/E: 0.23
79
U-Score
₹1.54
Open →
KMSUGARSmall
K.M.Sugar Mills Limited
Consumer
DEEP VALUE

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +81.8%Piotroski: 8/9ROCE: 13%P/E: 5.2D/E: 0.64
77
U-Score
₹32.37
Open →
SIYSILSmall
Siyaram Silk Mills Limited
Consumer
DEEP VALUE

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +70.2%Piotroski: 8/9ROCE: 19%P/E: 10.3D/E: 0.24
77
U-Score
₹504.55
Open →
UGARSUGARSmall
The Ugar Sugar Works Limited
Consumer
DEEP VALUE

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +73.3%Piotroski: 7/9ROCE: 27%P/E: 9.7D/E: 1.31
76
U-Score
₹51.52
Open →
SIDDHIKASME
Siddhika Coatings Ltd.
Consumer
DEEP VALUE

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +65.1%Piotroski: 8/9ROCE: 32%P/E: 12.9D/E: 0.00
76
U-Score
₹195.50
Open →
MAFATINDSmall
Mafatlal Industries Limited
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +59.0%Piotroski: 7/9ROCE: 13%P/E: 13.2D/E: 0.08
74
U-Score
₹111.47
Open →
KAYTEXSME
Kaytex Fabrics Ltd.
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +86.3%Piotroski: 6/9ROCE: 23%P/E: 4.8D/E: 0.21
71
U-Score
₹51.05
Open →
NDLSmall
Nandan Denim Limited
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +70.0%Piotroski: 7/9ROCE: 7%P/E: 10.2D/E: 0.18
71
U-Score
₹2.46
Open →
SPUNWEBSME
Spunweb Nonwoven Ltd.
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +60.5%Piotroski: 8/9ROCE: 27%P/E: 10.7D/E: 0.63
71
U-Score
₹114.40
Open →
MONTECARLOSmall
Monte Carlo Fashions Limited
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +74.2%Piotroski: 8/9ROCE: 14%P/E: 10.2D/E: 0.64
70
U-Score
₹515.30
Open →
SILKYSME
Silky Overseas Ltd.
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +73.1%Piotroski: 6/9ROCE: 18%P/E: 8.7D/E: 0.42
70
U-Score
₹64.05
Open →
REFEXMicro
Refex Industries Limited
Chemicals
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +69.3%Piotroski: 8/9ROCE: 23%P/E: 12.8D/E: 0.15
70
U-Score
₹239.15
Open →
CANTABILSmall
Cantabil Retail India Limited
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +35.5%Piotroski: 7/9ROCE: 19%P/E: 19.3D/E: 1.14
70
U-Score
₹246.53
Open →
PRAKASHSmall
Prakash Industries Limited
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +83.9%Piotroski: 8/9P/E: 5.6D/E: 0.30
68
U-Score
₹122.67
Open →
KIRIINDUSSmall
Kiri Industries Limited
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +98.5%Piotroski: 5/9ROCE: 3%P/E: 4.4D/E: 0.01
67
U-Score
₹475.85
Open →
AHLWESTSmall
Asian Hotels (West) Limited
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +74.1%Piotroski: 7/9ROCE: 20%P/E: 7.0D/E: 0.00
67
U-Score
₹543.90
Open →
BANSWRASSmall
Banswara Syntex Limited
Consumer
UNDERVALUED

Auto-included from the Textiles tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +71.9%Piotroski: 8/9ROCE: 9%P/E: 8.3D/E: 0.81
67
U-Score
₹98.53
Open →
Sign in for the full theme cohort

The first 20 ranked names are open. Sign in to see every company attached to this theme. 243 more rows available after sign-in.

Sign in
The rationale above is editorial — the ranking uses our U-Score engine so the names you see first are the strongest fundamentals fit, not the most popular or most-mentioned. Re-rank yourself if you weigh valuation or quality differently. All information is for study purposes only — consult your financial advisor before investing.