3 Fastest Growing Textile Stocks in India

In 2026, the Indian textile industry is moving beyond being a simple commodity sector to a branding and efficiency powerhouse.

The fastest-growing companies are currently those that have successfully vertically integrated (controlling everything from yarn to garments) or those that have captured the "premiumisation" trend in domestic fashion.

Here are three of the fastest-growing stocks in textile space.

The selection is based on a robust 5-year compound annual growth rate (CAGR) in both sales and net profits, strong brands, and proven track record.

#1 Pearl Global Industries

Pearl Global Industries is a leading multinational apparel manufacturer and exporter based in India.

It specialises in end-to-end garment solutions, from design to delivery, serving major global brands.

The company has reported 5-year sales CAGR of 21.7% and net profit CAGR of 60.4%.

Pearl Global Industries Financial Snapshot FY23 to FY25

Source: Equitymaster

In Q2 FY26, total revenue of the company was Rs 13,130 m, an increase of 9.2% year-on-year (YoY). Adjusted EBITDA, excluding ESOP expense, came in at Rs 1,220 m, up by 23.6% YoY. The net profits of the company rose to Rs 720 m, making a 29.4% growth YoY.

On the capital expenditure front, Pearl Global Industries is progressing with plans of an outlay of Rs 2,500 m for FY26. Of this Rs 1,340 m has already been utilised towards capacity expansion and technology upgrade, to ensure the timely support of future scalability.

Construction of the apparel manufacturing unit in Bangladesh is in full swing and is targeted for completion by quarter Q2 FY27. In India, Bihar capacity expansion with an allocation of Rs 200 m has been fully completed and the project is now in the process of commercialisation.

The management is confident in its strategy, execution capabilities, and long-term value creation.

Pearl Global Industries has delivered good top-line growth with improving efficiency and profitability, indicating a resilient business model in a competitive segment.

#2 Gokaldas Exports

Next on our list is the stock of Gokaldas Exports.

The company has reported 5-year sales CAGR of 23% and net profit CAGR of 39.2%.

Gokaldas Exports is a major Indian apparel manufacturing and exporting company. It produces and supplies a wide range of clothing - including fashion wear, outerwear, bottomwear, sportswear, casualwear - for global brands and retailers around the world.

Gokaldas Exports Financial Snapshot FY23 to FY25

Source: Equitymaster

On the financial front, Gokaldas Exports achieved a total income of Rs 10.03 bn in Q2 FY26, a 7% YoY growth. Net profits of the company was Rs 81 m vs Rs 282 m YoY.

India operations showed growth, increasing 14% YoY, despite a 2% decline in Indian apparel exports.

The recent signing of the India-EU free trade agreement offers a significant advantage for Gokaldas Exports, especially in light of the recent 50% tariffs imposed on exports to the US.

In the forthcoming quarters, the company has said it has a strong order book visibility for both the India and Africa business.

The company's strategic investment in BTPL, a fabric processing unit, strengthens vertical integration into fabric requirements, enabling faster, higher-quality, and cost-efficient deliveries.

Looking ahead, the company is cautious with capex spending in the near term. The ongoing capacity expansions in Madhya Pradesh, Karnataka, and Jharkhand will materialise in the coming quarters.

#3 Cantabil Retail India

Next on our list is Cantabil Retail.

The company is an Indian apparel company specialising in men's, women's, and kids' clothing across formal, casual, party, and ultracasual segments.

The company has reported 5-year sales CAGR of 16.4% and a net profit CAGR of 35.4%.

Cantabil Retail Financial Snapshot FY23 to FY25

Source: Equitymaster

Cantabil Retail saw revenue from operations in Q2 FY26, growing 16% to Rs 1,760 m compared to Rs 1,510 m in Q2 FY25.

EBITDA for Q2 FY26 grew 22% to Rs 421 m compared to Rs 345 m in Q2 FY25. EBITDA margins for quarter the period was 23.9% compared to 22.8% YoY. The net profit grew to Rs 68 m vs Rs 66 m YoY.

Moving ahead, the management has indicated that in FY26, the company should cross Rs 8,500 in revenues and in FY27, they see revenues at Rs 10,000 m.

Overall, Cantabil Retail is currently in an aggressive growth phase, successfully transitioning from a menswear specialist to a comprehensive family fashion brand. As of early 2026, the company is on a trajectory toward becoming a Rs 10 bn revenue company by FY27.

Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...