The Indian textile and apparel industry contributed $174 billion to the economy in 2024 and is projected to reach $350 billion by 2030, accounting for 2.3% of GDP and 13% of industrial production.
The Ministry of Textiles received ₹5,272 crore in the Union Budget 2025-26, a 19% increase from the previous year, to continue modernising the sector and promoting domestic production. The sector, which employs more than 45 million people, is still the bedrock of India’s economic growth and industrial landscape. Read further to discover the top textile penny stocks in our latest blog.
Also Read: Are Penny Stocks Worth the Risk in 2025?
Top textile manufacturing penny stock in India
Here are the five lowest-priced textile manufacturing penny stocks in India as of June 25, 2025, ranked by their net profit from the last quarter, from highest to lowest:
| Name | Current Price (₹ ) | Net Profit latest quarter (₹ crores) | Market capitalisation (₹ crores) | ROE % | ROCE % | Debt to equity ratio |
| Filatex Fashions Ltd | 0.51 | 1.81 | 425 | 0.41 | 0.63 | 0.02 |
| Gangotri Textiles Ltd | 0.66 | -0.01 | 2.15 | N/A | -1.07 | N/A |
| Khoobsurat Ltd | 0.60 | -0.60 | 28.2 | -5.24 | -4.67 | 0.00 |
| Akshar Spintex Ltd | 0.55 | -1.14 | 42.5 | -6.74 | -6.10 | 0.07 |
Filatex Fashions Ltd
Filatex Fashions Ltd is the leading socks manufacturer in India since 1995 and it is located in Hyderabad. The company utilises globally advanced technologies to produce cotton, woollen and silk socks of high quality with a capacity of 3.6 million pairs annually.
Filatex Fashions is the source of major international brands like FILA, Adidas, Marks & Spencer, and Walt Disney as well as the distributors of their brands, Smartman and Tuscany. The company is almost debt-free and holds an ISO 9001:2008 certification.
| Particulars | March 2025 (₹ Crores) | March 2024 (₹ Crores) |
| Sales | 65.83 | 61.76 |
| Operating Profit | -1.65 | 0.84 |
| Net Profit | 1.81 | 2.44 |
| EPS (₹) | 0.00 | 0.00 |
Also Read: List of Top Textile Stocks in India 2025
Gangotri Textiles Ltd
Gangotri Textiles Ltd, a fully integrated textile company, has been in the business of spinning, weaving, processing, and garment manufacturing since 1989 and is located in Coimbatore.
The company acts as the sole agent for cotton, elastic, and speciality yarns, besides being in the production of fabrics and ready-made garments for men and women under the brand name ‘TIBRE’.
Gangotri Textiles not only runs its windmills but also has an oil-based power plant, thus adhering to its pledge of implementing sustainable manufacturing practices and energy efficiency in the textile industry.
| Particulars | March 2025 (₹ Crores) | March 2024 (₹ Crores) |
| Sales | 0.00 | 0.00 |
| Operating Profit | -0.01 | -0.02 |
| Net Profit | -0.01 | -0.02 |
| EPS (₹) | -0.00 | -0.01 |
Khoobsurat Ltd
Khoobsurat Ltd, established in 1982 and headquartered in Kolkata, operates in the garments and apparel sector with a diversified business model.
The company is also dealing in the trading of textile and software products, provision of inter-corporate deposits, and investing in the equity markets. Besides, the company has been focusing on the production of grey cloth, synthetic fabrics, and traditional Bengali sarees.
Khoobsurat Ltd is listed on BSE and MSEI and has a market capitalisation of ₹27.8 as of June 26, 2025.
| Particulars | March 2025 (₹ Crores) | March 2024 (₹ Crores) |
| Sales | 0.00 | 0.00 |
| Operating Profit | -0.89 | -0.51 |
| Net Profit | -0.60 | -0.07 |
| EPS (₹) | -0.01 | -0.00 |
Akshar Spintex Ltd
Akshar Spintex Ltd, established in 2013 and located in Rajkot, Gujarat, known for manufacturing and exporting high-quality spun cotton yarns.
The company has a modern unit with 24,480 spindles and an annual production capacity of 7,500 metric tonnes. The company offers a wide variety of yarns such as carded, combed, slub, core spun, and blended.
Akshar Spintex covers not only global but also local textile markets with a customer-centric approach, using advanced technology, and ensuring quality in every product they provide.
| Particulars | March 2025 (₹ Crores) | March 2024 (₹ Crores) |
| Sales | 30.58 | 48.13 |
| Operating Profit | -0.83 | 2.34 |
| Net Profit | -1.14 | 0.96 |
| EPS (₹) | -0.01 | 0.01 |
Also Read: Best IT Sector Penny Stocks to Invest in India for 2025
Conclusion
India’s textile manufacturing industry is experiencing rapid growth, fueled by strong government support and rising demand. The market for textile penny stocks could be an attractive place for investors to catch opportunities, although there is more risk involved because of the volatility and company-specific factors.
Before you invest, it is very important to conduct detailed research and understand the financial condition of the businesses thoroughly. The main thing that helps you to decide on this sector is if these investments are consistent with your risk appetite and long-term plans.
FAQs
Investing in textile stocks is a good way to get into a sector driven by stable demand, government projects, and export chances. However, the industry is still vulnerable to risks like changes in raw material prices, alterations in regulations, and competition from abroad. The performance of individual companies can differ depending on their fundamentals and market trends. It is essential to assess your investment objectives and the level of risk you can bear before including textile stocks in your portfolio.
Based on market capitalization as of June 26, 2025, Page Industries, K P R Mill, and Trident Ltd are the top 3 textile industry stocks in India. With their size, coordinated activities, and strong market presence, these firms are industry leaders and therefore top candidates for investors wanting exposure to the textile industry in India.
India’s textile and apparel industry is a key sector of the economy, contributing 2.3% to GDP, 13% to industrial production, and 12% to exports. It is the source of employment for more than 45 million individuals and generates approximately 22,000 million garments every year. The sector covers the entire value chain, from raw materials to finished products and is backed by strong government initiatives, thus making India a major global textile player.
Based on several impartial criteria, a penny stock can be thought of as a wise investment: trading volume, market attitude, and the company’s fundamental business. Other factors include revenue growth, management quality, and the sector’s future potential. Since penny stocks are generally little, unstable, and less liquid, their investment value depends on an in-depth assessment of these attributes instead of pricing alone.
The textiles industry primarily comprises three subsectors apparel textiles, home textiles, and technical textiles. Apparel textiles include garments and accessories crafted from woven or knitted fabrics. Home textiles are fabrics used in household furnishings such as bedding, curtains, upholstery, and towels. Technical textiles are textiles meant for industrial and functional uses for example, medical, automotive, agricultural, and protective usages thus representing the vast impact of the industry across different sectors of daily life and specialised ones.
