Top Five Textile Companies With Highest Returns

SRF: SRF saw an increase in PAT to Rs 39.69 crore in Mar’14 from loss of Rs 13 crore in Mar’13. The shares of the company are up by 122%. The textile sector is at high levels on the back of improved sentiment in the markets.

Alok Industries: The company was up by 83% due to healthy increase in its topline. The topline increased from Rs 3700 crore in Dec’13 to Rs 3889.78 core in Mar’14 (QoQ). The company has reported a net profit of Rs 130.65 crore in Mar’14, up from Rs 98.29 crore in Dec’13. 

Risa International: The company gave strong returns of 73%. The sales of the company rose substantially, from Rs 3.08 crore in Mar’13 to Rs 44.2 crore in Mar’14. 

JBF Industries: The company showed growth on the sales front. The sales revenue for the company was up from Rs 1131.59 crore in Dec’13 to Rs 1218.26 crore in Mar’14. The company reported a PAT of Rs 36.89 crore as against Rs 13.73 crore in Dec’13. It gave 56% returns. 

Arvind: Arvind gave a healthy return of 46%. The sales of Arvind was up from Rs 1016.55 crore in Mar’13 to Rs 124.46 in Mar'14 crore.

With improved market sentiment and growth in the US & EU markets, textile industry is expected to head northwards. 

Note: The companies are selected on YTD basis with highest returns and belong to S&P BSE 500.