Top 6 Innerwear Brands Made by Indian Companies.

Indian Innerwear Sector:

In India, innerwear had only been considered an essential commodity, but there has been a significant shift in trend due to the increasing fashion awareness among the people.

In the Textile industry players have placed greater emphasis on widening their innerwear product range – both men’s as well as women’s.

The Indian innerwear industry is largely dominated by unorganized players, who account for ~60-65% of the overall market share. However, the market is gradually shifting towards organized retail.

With the entry of international firms working with Indian brands, the market for upscale innerwear has also been gaining substantial momentum. Higher discretionary expenditure, an increase in working women, a growth in fashion awareness across the nation, and an increase in middle-class homes are all predicted to spur demand for the innerwear sector.

Let’s see the most popular brands of innerwear in India. and Based on our data, we have identified the top textile companies in India. to know more click here

1. Jockey

• Company Name: Page Industries Ltd
• Founded: 1995
• Head office: Bangalore
• listed in Exchange: NSE(PAGEIND), BSE(532827)
• Industries: Garments & Apparels
• Market capitalization: 44,78,391.95 Lakhs
• Indian license holder: Page Industries Limited

The Page Industries flagship brand, JOCKEY, is the industry leader in the innerwear sector. Production, distribution, and marketing of Jockey Products for Men, Women, and Children are handled by Page Industries. JOCKEY was the first innerwear firm in India to launch Exclusive Brand Outlets (EBOs) all over the country.

A Jockey brand that is distributed across 2,800+ cities and towns, more than 1,10,548 retail outlets, more than 1,131 exclusive business outlets, and online shopping has been developed thanks to the introduction of high-quality products combined with an organized and extensive network of distributors across India. Across the above channels, the brand is present in 80,000+ stores.

15 manufacturing facilities, 260 million pieces of capacity strong integration of the past.

• For buying Men’s Innerwear: Click here
• For Buying Women’s Innerwear: Click Here

Financial Information

• Sales: 38,865 Million
• PBT: 7,088 Million
• PAT: 5,365 Million

Page industries Ratio:

• Current ratio: 1.67
• Inventory Turnover ratio: 2.23
• Net Capital Turnover Ratio: 6.15
• Return on Equity ratio: 54%
• Net Profit ratio: 14%

2. Dollar

• Company name: Dollar Industries Limited
• Founded: 1972
• Headquarter: Kolkata
• Industries: Garments & Apparels
• Listed in Exchange: NSE(DOLLAR), BSE(541403)
• Market capitalization:2,08,318.31 lakhs

They produce innerwear for men, women, and children under the name Dollar Industries Limited. The dollar is a well-known brand throughout the nation.

Dollar entered the exclusive brand outlet (EBO) market with success. In Uttar Pradesh’s Ayodhya, we have our first EBO. EBO was founded using the FOFO (Franchise-owned Franchise Operated) business model. By 2025, Dollar intends to have 125 EBOs in total.

For the purpose of Dollar’s joint venture company, Pepe Jeans Innerfashion Pvt. Ltd., G.O.A.T Brands Lab Ltd, Singapore entered into a strategic collaboration with Dollar.

It would allow us to conduct business operations in India, Sri Lanka, Nepal, Bangladesh, and other countries around the world. It is a multi-brand distributor of men’s, women’s, and children’s undergarments under the categories of athleisure, sportswear, lingerie, leisure wear, sleepwear, and loungewear.

The dollar is making an investment in a cutting-edge integrated warehouse, which should be operational by the end of the year. An integrated warehouse would allow us to operate more efficiently, save costs and waste, and increase production and quality instead of using six individual warehouses in Kolkata.

Dollar entered the EBO market effectively by opening its first location in Ayodhya, Uttar Pradesh, initially using the Franchise-Owned Franchise-Operated model. Expect to see 25–30 additional new EBOs in Uttar Pradesh and Rajasthan by the end of FY 2022–2023.

Dollar Financial Information:

• Revenue from operation: 1350.32 crores
• Profit before tax: 197.04 crores
• Profit of the year: 145.87 crores

Dollar Ratio:

• Net Profit Ratio:0.11
• Return on equity ratio: 0.24
• Debt – Equity ratio: 0.30
• Current ratio: 2.20
• Inventory turnover ratio: 2.39

3. Hanes

• Company Name: Arvind Limited
• Founded: 1901
• Indian Licence Holder: Arvind
• Headquarter: Ahmedabad
• listed in Exchange: NSE(ARVIND), BSE(500101)
• Market capitalization: 2,15,370.86 Lakhs

A global mega-brand with more than 110 years of history, Hanes is an innerwear brand in India. Hanes is a part of the Arvind Company, a worldwide conglomerate firm with operations in India that has diversified into a number of industries, including textiles, technical services, and high-end materials.

Hanes offers you better comfort and up-to-date fashion. Consumers ranked Hanes as the top brand in the categories of men’s, kids’, and women’s intimate clothing in the “Retailing Today” Top Brands poll for the sixth consecutive year. Female Wear Daily.

Hanes has been the leading clothing brand for six years running. For the majority of garment companies, our own facilities or those of specialized contractors create more than 70% of the clothing we sell.

Arvind Financial information:

• revenue from operation: 8,034 crore
• profit before tax: 378 crores
• profit of the year: 241.58 crores

Arvind ratio:

• Current Ratio: 1.11
• Debt-Equity Ratio: 0.60
• Return on Equity Ratio: 8.52%
• Inventory turnover Ratio: 4.77
• Net capital turnover Ratio: 19.90
• Net profit Ratio: 3.09%
• Return on investment: 76%

4. Ruba

• Brand: Frontline, Euro, Jon, Bumchums, Torrido, Thermocot, Softline, Macroman, Footline
• Founded: 1968
• Headquarter: Kolkata
• Listed in Exchange: NSE(RUPA), BSE(533552)
• Industries: Garments & Apparels
• Market capitalization: 2,21,356.61 Lakhs

Rupa and Company Limited is popularly known as Rupa one of India’s major manufacturers of hosiery and innerwear producers. a variety of knitwear products, including lingerie, winter wear, children’s wear, athleisure wear, streetwear, and fashionable wear.

Manufacturing sites at Domjur, Kolkata (West Bengal), Tiruppur (Tamil Nadu), Bengaluru (Karnataka), and Ghaziabad are among Rupa’s facilities spread across four states (NCR). In a day, a total of 7 lac+ pieces/day of Rupa items are produced, or about 8 products are produced every second.

India is a vibrant and diverse country where the company has developed 11 indigenous knitwear desi brands alongside two aspirational foreign knitwear brands under the umbrella brand “Rupa.” the company has segmented its product offerings into a super-premium, premium, medium, and economy categories.

The company has a presence across all of India thanks to a robust network of 1,500+ dealers with a direct reach to 1,50,000+ retail outlets, 7 regional/sales offices, 4 central warehouses, and 9,000+ SKUs.

This item is available at 20 Exclusive Brand Outlets (EBOs), 150+ Modern Retail Stores, and well-known online retailers including Myntra, Flipkart, Jio Mart, TataCliq, and Amazon, as well as in-store and online. For the fiscal year 2021–2022, the company had a solid market position in 25 countries with an export turnover of 33 crores.

Rupa and Company Limited Financial Information:

• Revenue from operation: 1,47,413.86 Lakhs
• Profit before tax: 24,671.45 Lakhs
• Profit of the year: 19,184.09 Lakhs

Rupa Ratio:

• Current ratio: 2.02
• Debt-Equity Ratio: 0.28
• Debt Service Coverage Ratio: 12.84
• Return on Equity Ratio: 23.81%
• Inventory Turnover Ratio: 3.03
• Net Capital Turnover Ratio: 281
• Net Profit Ratio: 13.01%
• Return on Capital Employed: 25%

5. vanheusenindia

• Company Name: Aditya Birla Fashion and Retail Limited
• Founded: 1990
• Headquarter: Mumbai

Aditya Birla Fashion and Retail Limited shortly known as ABFRL belongs to the Aditya Birla Group. ABFRL is the top player in branded fashion in India. It is the country’s first billion-dollar pure-play fashion powerhouse, with a retail area of 9.2 million square feet and a stunning collection of renowned labels and long-standing shop formats.

ABFRL has a network of 3,468 stores spread throughout about 28,585 multi-brand outlets in 900+ Indian cities. ABFRL has established a robust omnichannel infrastructure, and a significant portion of E-Com flow is fulfilled through retail. 300 Pantaloons locations and more than 1000 Madura brand stores are now fully omnichannel enabled.

ABFRL also revealed a partnership with Masaba Gupta, one of India’s most promising young designers, in FY 22. ABFRL made a daring entry into the developing sportswear market by agreeing to buy the India division of iconic global sportswear brand Reebok as part of its strategy to diversify its portfolio to include new, emerging categories.

ABFRL has 9 MFL Factories, 3 MFL / 4 Pantaloons / Innerwear Warehouses, 1,97,30,113 In-House Garment Manufacturing Capacity, and a Net Fixed Asset of 2,953 Crore.

ABFRL Financial Information:

• Revenue from operation: 8,136 crores
• Profit before tax: (144.93) crores
• Profit of the year: (118.36) crores

ABFRL Ratio:

• Debtors Turnover Ratio: 11.55
• Inventory Turnover Ratio: 3.50
• Interest Coverage Ratio: 0.14
• Current Ratio: 1.03
• Debt Equity Ratio: 0.17
• EBITDA Margin: 15.00
• Operating Profit Margin: 2.90
• Net Profit Margin: -1.03
• Return on Net Worth: -2.89

6. FASO

• Company Name: KPR Mill Limited
• Founded: 1984
• Headoffice: Coimbatore 
• listed in Exchange: NSE(KPRMILL), BSE(532889)
• Industries: Other Textile Products
• Market capitalization: 18,04,777.92 lakhs

KPR Mill Limited is an Indian textile company. It primarily manufactures yarn, knitted fabrics, and ready-to-wear apparel and exports such goods to several nations throughout the world. In the Indian states of Tamil Nadu and Karnataka, the firm operates manufacturing plants. 

KPR Financial Information:

• Revenue from operation: 4,822.48 crores
• Profit before tax: 1,141.52 crores
• Profit of the year: 841.84 crores

KPR Mill Ratio:

• Current Ratio: 2.53
• Debt Equity Ratio: 0.37
• Return on Equity Ratio: 30%
• Inventory turnover ratio: 4.38
• Net capital turnover ratio: 3.23
• Net profit ratio: 17%

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