How India buys clothes
4 listed companies sold ₹22,959 crore of clothes in FY26, +25.0% a year over 3 years. Trent Ltd sold the most, 87.4% of it. Trent Ltd earned the most on each rupee of sales: 12.0%.
The brands, and who owns them
Zudio, Burnt Toast, Samoh, Wardrobe and others are Trent Ltd's; FASO is K P R Mill Ltd's; Gajra Gang, KICA, Nykaa Fashion, Nykd and others are FSN E-Commerce Ventures Ltd's; Taneira, Taneria are Titan Company Ltd's; AJIO, Clovia, Amanté, Azorte are Reliance Industries Ltd's; Jockey, Speedo, JKY Groove, JKY GrooveTM and others are Page Industries Ltd's. Brands are read from each company's filings and checked against a public source.
Who sells the most
Trent Ltd had 87.4% of the listed companies' sales of clothes here, 10.9 times as much as K P R Mill Ltd, the next largest. The two together sold 95%; the other 2 the rest.
How the sales have grown, and who sold them
The listed companies here sold ₹22,959 Cr of clothes in FY26. Counting only the companies with figures in both years, sales went from ₹2,671 Cr in FY19 to ₹20,074 Cr, 7.5 times as much. The biggest rise was in FY23 (+84%) and the weakest year FY21 (-23%). Trent Ltd's part of the total went from 77% in FY23 to 87% in FY26. Over three years Trent Ltd grew fastest, +32.7% a year. Some companies are counted only from a later year (K P R Mill Ltd from FY23; FSN E-Commerce Ventures Ltd from FY25; Titan Company Ltd from FY24).
Who earns the most on each rupee
Operating profit before interest and tax, as a share of sales of clothes. Trent Ltd earned 12.0% on its sales in FY26, against 6.7% in FY17; its best year was FY24 at 14.4%. FSN E-Commerce Ventures Ltd earned -8.1% on its sales in FY26, against -18.5% in FY25.
The companies, and their brands
| Company and brands | Sales FY26 | Growth 1 yr | 3 yrs | 5 yrs | Margin | Profit share | Return on assets | P/E | ROE | Share price 1 yr |
|---|---|---|---|---|---|---|---|---|---|---|
| Trent Ltd Zudio, Burnt Toast, Samoh, Wardrobe, Ascot Sells in 27 states and 1 countries; exports 0.21% of turnover |
₹20,074 Cr | +17.2% | +32.7% | +48.4% | 12.0% | 102.9% | — | 88.1 | 28.9% | -2.9% |
| K P R Mill Ltd FASO Sells in 15 states and 60 countries; exports 38.42% of turnover |
₹1,835 Cr estimate |
+5.4% | -11.2% | — | — | — | — | 40.8 | 14.9% | +7.6% |
| FSN E-Commerce Ventures Ltd Gajra Gang, KICA, Nykaa Fashion, Nykd, RSVP, Twenty Dresses Sells in 16 states; exports 0.0% of turnover |
₹832 Cr | +23.4% | — | — | -8.1% | -2.9% | -22.1% | 379.8 | 5.1% | +32.1% |
| Titan Company Ltd Taneira, Taneria Sells in 28 states and 25 countries; exports 2.15% of turnover |
₹217 Cr estimate |
+7.0% | — | — | — | — | — | 69.1 | 24.8% | +26.8% |
Also sold by
See every one of these companies in Valarth
Questions people ask
Which listed companies sell clothes in India?
4 listed companies report their sales of clothes: Trent Ltd (TRENT), K P R Mill Ltd (KPRMILL), FSN E-Commerce Ventures Ltd (NYKAA), Titan Company Ltd (TITAN). 5 more sell them but report them together with other products.
Which listed company sells the most clothes in India?
Trent Ltd, with sales of clothes of ₹20,074 crore in FY26: 87.4% of the listed companies' total here.
How big is the listed market for clothes?
The listed companies here sold ₹22,959 crore of clothes in FY26, +25.0% a year over 3 years. Private makers are not included.
Which listed company makes the most profit on clothes?
Trent Ltd: its operating profit was 12.0% of its sales of clothes in FY26.
Who owns Zudio?
Zudio is a brand of Trent Ltd, listed on the NSE as TRENT.
Who owns Burnt Toast?
Burnt Toast is a brand of Trent Ltd, listed on the NSE as TRENT.
Who owns FASO?
FASO is a brand of K P R Mill Ltd, listed on the NSE as KPRMILL.
Who owns Gajra Gang?
Gajra Gang is a brand of FSN E-Commerce Ventures Ltd, listed on the NSE as NYKAA.
Who owns KICA?
KICA is a brand of FSN E-Commerce Ventures Ltd, listed on the NSE as NYKAA.
Who owns Taneira?
Taneira is a brand of Titan Company Ltd, listed on the NSE as TITAN.
Who owns Taneria?
Taneria is a brand of Titan Company Ltd, listed on the NSE as TITAN.