Analysing the 9-month performance of 10 leading Indian textile and apparel companies in current fiscal, Wazir Advisors, a leading consultancy firm, has claimed an increase in overall sales and EBITDA margins by 1 per cent each for the leading companies.
Similarly, their employee cost index and raw material cost index have also increased by 6 per cent and 2 per cent, respectively.
The companies covered in this analysis are Arvind Ltd., Vardhman Textiles, Welspun India, Trident, Raymond Ltd., KPR Mil, RSWM, Filatex Ltd., Sutlej Industries and Nahar Spinning.
Consolidated sales for these companies was Rs. 30,404 crore in 9 months of FY20 compared to Rs. 29,974 crore during the same period of FY19.
Prashant Agarwal, JMD, Wazir Advisors, commented “This shows constraints on resources, and companies have to rework on their costing and reengineer their system. If they will not work on these fronts, they will not get way from this situation.”
During these 9 months, exports of textile & apparel commodities have shown a decline of 7 per cent. The down trends of export of fibres, filaments, yarns and home textiles continue.
In these 9 months, fibre and yarn export was down by 47 per cent and 30 per cent, respectively. Notably, fabric and apparel export increased by 8 per cent and 1 per cent, respectively.
As far as imports is concerned, India’s imports of textile & apparel commodities have witnessed an increase of 16 per cent in this period. Fabric was down by 3 per cent, while fibres, filaments, yarns, apparels and home furnishing saw increase. The fibre import increased highest with 53 per cent, followed by yarn (18 per cent).
Bharat Tex Special Report 2026 
