Value Investing
In the Indian textile and apparel industry, Page Industries stands out for its superior profitability, strong brand, and efficient operations, despite being less diversified compared to Raymond, ABFRL, and Arvind. Raymond has a well-diversified portfolio and strong brand equity but is burdened by high debt. ABFRL is a leader in retail with a diverse brand portfolio but faces challenges related to its leverage and profitability. Arvind is strong in textiles, especially denim, but like Raymond, it also deals with significant debt and a lower margin business. Each company has its unique strengths, with Page Industries leading in financial performance, while the others have more diversified but also more leveraged business models.