Textile Stock Jumps 10% After Company Expects 15-20 % Export Growth from India-UK FTA

Synopsis: Textile stock jumped over 9 percent after the company projected 15 percent to 20 percent export growth in FY27, driven by the India–UK Free Trade Agreement and stronger export opportunities.

The share of this company, which is engaged in business activities related to the manufacturing of Denim fabric, premium shirtings, yarn dyeing, bottom weights, and home textiles, gained investor focus after management’s robust outlook.

With a market capitalization of Rs 3,359 crore, Jindal Worldwide Ltd’s share on Friday made a day high of Rs 35.10 per share, up by 9.4 percent from its previous close of Rs 32.06 per share. The share of the company gave a negative return of 20 percent over the last year.

Industry Tailwind

The India-UK Free Trade Agreement is expected to act as a strong growth driver for India’s textile industry by removing tariffs on several textile and apparel products exported to the UK. This is likely to improve the price competitiveness of Indian manufacturers, boost export demand, and help companies expand their presence in one of the world’s key apparel markets over the long term.

Management Outlook 

Commenting on the development, Vice Chairman and Managing Director Amit Agarwal said the India-UK Free Trade Agreement is a major positive step for India’s textile industry. He said the agreement removes a key disadvantage for Indian exporters, allowing them to compete more fairly in the UK market and making Indian textile products more competitive.

He said Jindal Worldwide sees this as a good opportunity to grow its business in the UK and other overseas markets. The company expects the agreement to help bring in new customers, strengthen ties with existing clients, and increase export orders over the coming years.

The company expects its exports to grow by around 15 percent to 20 percent in FY27 and aims to more than double its exports over the next three years. Management believes the FTA will support this growth by improving access to the UK market and increasing demand for its products.

Jindal Worldwide also believes the agreement will help build stronger relationships with international customers and improve its supply chain. The company is continuing to invest in expanding its manufacturing capacity, developing new products, adopting sustainable practices, and growing its presence in global markets.

About the Company

Jindal Worldwide Limited is one of India’s leading integrated textile companies with a diversified portfolio spanning denim, woven fabrics, garments, home textiles, technical textiles, and value-added textile products. 

With state-of-the-art manufacturing facilities, a strong commitment to innovation, operational excellence, and sustainability, the Company caters to leading domestic and international brands across multiple global markets and continues to strengthen India’s position in the global textile industry. 

Financial Highlights: Revenue from operations increased to Rs 640 crore in Q4 FY26 from Rs 606 crore in Q4 FY25, registering a growth of around 6 percent YoY. However, the operating profit margin declined to 6 percent from 8 percent a year ago. Net profit rose to Rs 26 crore from Rs 22 crore, up around 18 percent YoY, while EPS increased from Rs 0.22 to Rs 0.26, reflecting a growth of around 18 percent YoY.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Textile Stock Jumps 10% After Company Expects 15-20 % Export Growth from India-UK FTA appeared first on Trade Brains.