Alok Industries is a textile company with a presence in the cotton and polyester segments. The Company is engaged in manufacturing of textile, including mending and packing activities; leather and other apparel products. Alok Industries Limited was incorporated on March 12, 1986, with the name 'Alok Textile Industries Pvt. Ltd.' The Company changed its name from Alok Textile Industries Pvt. Ltd.' to Alok Industries Limited on March 19, 2001.
Alok Industries Ltd. is one of the largest fully-integrated textile companies in the country, manufacturing textile, leather, and other apparel products. The Company is an integrated textile manufacturer with operations in both cotton & polyester value chains. The company has established itself as a significant player in the Indian textile industry, with comprehensive manufacturing capabilities spanning across multiple product segments.
Alok Industries operates through a diversified business model with four main divisions that contribute to its revenue streams.
- Polyester (61%): The company is fully integrated, starting from the continuous polymerization plant to the production of chips, POY, FDY, DTY, and PSF. This represents the company's largest revenue segment, showcasing its strong position in the synthetic fiber market.
- Apparel Fabric (18%): Includes woven fabric, knitted fabric, garments, and safety textiles.
- Home Textiles (12%): Sells bedding and terry towels.
- Cotton Yarn (9%): Produces cotton and cotton blended fabrics in various counts on a wide range of finishes.
The company's top products include Denim, Cotton Shirting, Knitted and Woven fabrics, Yarns, Home Textiles, and Technical Textiles. Alok Industries Ltd has a wide variety of popular brands, such as Alok Suitings, Alok Shirtings, Alok Linens, Alok Home, and more.
It has a wide customer base across the world that includes global retail brands, importers, private labels, domestic retailers, garment and textile manufacturers, and traders. The company's global reach demonstrates its competitive positioning in the international textile market, enabling it to serve diverse customer segments across various geographical regions.
Alok Industries announced its Q4 FY25 results, showing a 35% decline in revenue to ₹952.96 Crore, but a reduced net loss of ₹74.47 Crore compared to the previous year. Alok Industries zoomed 18.03% to ₹19.44 after the company's consolidated net loss reduced to ₹74.47 Crore in Q4 FY25 from a net loss of ₹215.93 Crore posted in Q4 FY24.
The company's financial performance for Q4 FY25 shows mixed signals - while revenue declined significantly, the substantial reduction in net losses indicates improved operational efficiency and cost management. Total expenses reduced by 28.91% YoY to ₹1,206.34 Crore in Q4 FY25.
- Revenue (Q4 FY25): ₹952.96 Crore
- Net Loss (Q4 FY25): ₹74.47 Crore
- Annual Revenue (FY25): ₹3,709 Crore
- Annual Loss (FY25): ₹816 Crore
Market Cap: ₹10,040 Crore (down -28.8% in 1 year). The company's market capitalization reflects the challenges it has faced in recent periods, with the stock experiencing significant volatility.
Alok Industries raised ₹7,000 Crore from its parent organization Reliance Industries and two lenders, Axis Bank and State Bank of India. The funds will be used for expansion and debt repayment. Specifically, the textile manufacturer secured ₹3,700 Crore through term loans and working capital loans from banks, and Reliance Industries injected ₹3,300 Crore through non-convertible cumulative redeemable preference shares (NCCRPS).
This significant capital infusion demonstrates the strategic importance of Alok Industries and the confidence of major stakeholders in its business model. The two main promoters of Alok Industries are Reliance Industries Limited and JM Financial Asset Reconstruction Company Limited. Promoter holding in Alok Industries Ltd has remained stable at 75.00% as of March 2025 (unchanged from June 2024).
The Company's subsidiaries include Alok Infrastructure Limited, Alok Worldwide Limited, and Alok Singapore Pte Limited. Some of the top subsidiaries that come under Alok Industries are Alok Infrastructure Limited, Alok International Inc., Alok Global Trading (Middle East) FZE, Alok International (Middle East) FZE, Alok Worldwide Limited, and Alok Singapore PTE Limited.
The company is listed on the Bombay Stock Exchange (BSE) with the code 521070 and listed on the National Stock Exchange (NSE) with the code ALOKINDSEQ. The company's shares are actively traded on both major Indian stock exchanges, providing liquidity and accessibility to investors.
Meanwhile, the board of directors of the company, based on the recommendation of the nomination and remuneration committee, has appointed Jinendra Jain as the chief financial officer (CFO) of the company with effect from April 30, 2025. This appointment reflects the company's focus on strengthening its financial management capabilities during this period of restructuring and growth.
The company has been actively addressing regulatory requirements and maintaining transparency with stakeholders. The company confirms full compliance with SEBI disclosure norms.
Alok Industries continues to navigate through challenging market conditions while focusing on operational improvements and strategic partnerships. The company's integrated business model, diverse product portfolio, and strong backing from major stakeholders position it as a significant player in India's textile industry, despite recent financial challenges.
