The Wazir Textile & Apparel Index (WTAI) provides a quarterly snapshot of the financial performance of India’s listed textile and apparel sector, benchmarked against a base year of FY16. The report tracks consolidated sales, EBITDA margins, raw material costs, and key economic indicators across top textile and apparel companies, alongside India’s overall T&A export and import trends.
This is a subscriber-exclusive report series. Subscribe to Wazir’s Intelligence Package to access the full quarterly edition with company-level financial analysis, IIP and WPI trends, and export-import data.
Key highlights from the 9M FY26 report (Feb 2026):
- The Wazir Textile Index (WTI) sales declined 4% in 9M FY26 vs. 9M FY25, while WTI EBITDA margins compressed by 7%, reflecting sustained pressure on the upstream textile segment
- The Wazir Apparel Index (WAI) sales grew 7% in 9M FY26 vs. 9M FY25, though WAI EBITDA margins declined 15%, indicating that revenue growth is not yet translating into profitability for apparel players
- Across 308 listed T&A companies, consolidated sales grew 5% to Rs. 1,35,317 Cr in 9M FY26, while average EBITDA margin contracted by 1 percentage point to 8%
- India’s overall T&A exports remained flat at US$ 26,824 Mn in 9M FY26, with fabric exports rising 6% and apparel growing 3%, offset by sharp declines in filament (-26%) and yarn (-6%)
- India’s T&A imports surged 19% in 9M FY26 to US$ 8,733 Mn, driven by a 40% spike in fibre imports, with China continuing to account for 37% of total import value
Download the complete sample report by filling out the adjacent form. The full report includes company-level financial performance for top WTI and WAI players, IIP and WPI trend analysis, and detailed US and EU import data across key supplier countries.
