Alok Industries Ltd
ALOKINDS NSE
Alok Industries Ltd
Consumer DiscretionaryNSE: ALOKINDS BSE: 521070 Textiles & Apparels
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.
AI Verdict: SELL Confidence: 7%
Alok Industries trades at a negative PE of -8.2x with negative book value (PB -0.28x), indicating deep financial distress. Sales have declined at -19% CAGR over 3 years and the stock has lost 36% in the last year, with no analyst coverage or dividend support.
Key Fundamentals
MicrocapTextile ProcessingTextilesMarket Cap
₹6,524 Cr
Volatility
Moderate
P/E Ratio
-8.7
EBITDA
₹27.88 Cr
Return on Equity
4.28%
Debt to Equity
0
Book Value
₹-43.36
EPS
₹0
52W High
₹23.5
52W Low
₹11.11
Technical Indicators
Key Insights
Weaknesses
3- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.70% over past five years.
- Earnings include an other income of Rs.105 Cr.
Growth Rate
Revenue Growth
-2.75% ↘
Net Income Growth
-8.73% ↘
Cash Flow Change
109.93% ↗
ROE
-7.48% ↗
ROCE
-33.89% ↘
EBITDA Margin (Avg.)
28.07% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 20d agoSELL
Risk high
Alok Industries trades at a negative PE of -8.2x with negative book value (PB -0.28x), indicating deep financial distress. Sales have declined at -19% CAGR over 3 years and the stock has lost 36% in the last year, with no analyst coverage or dividend support.
Bull Case 6
- Compounded profit growth of 15% TTM suggests some operational recovery in recent quarters
- 10-year stock CAGR of 14% indicates the company has historically generated long-term returns for patient investors
- 5-year compounded profit growth of 12% shows the company has been narrowing losses over a medium-term horizon
- Market cap of Rs.6102 Cr provides reasonable scale and liquidity for a turnaround candidate
- 3-year compounded profit growth of 5% indicates a gradual but sustained improvement in profitability trajectory
- TTM sales growth of 0% suggests revenue decline has stabilized after years of contraction
Bear Case 8
- Negative PE ratio of -8.2x confirms the company is loss-making at the net income level
- Negative price-to-book ratio of -0.28x indicates liabilities exceed assets, meaning negative net worth
- 3-year sales CAGR of -19% reflects severe and sustained revenue deterioration
- 1-year stock return of -36% shows significant capital destruction for recent investors
- Zero dividend yield with no history of payouts offers no income cushion for shareholders
- Low interest coverage ratio flagged as a known concern, signaling inability to comfortably service debt obligations
- 5-year sales growth of -0.70% confirms prolonged stagnation with no top-line recovery
- Earnings include other income of Rs.105 Cr, meaning core operating profitability is even weaker than headline numbers suggest
This is AI-generated analysis, not financial advice. Do your own due diligence.
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,570 | 1,415 | 1,372 | 1,253 | 1,469 | 1,006 | 886 | 864 | 953 | 932 | 941 | 858 | 983 |
| Expenses | 1,640 | 1,403 | 1,336 | 1,259 | 1,464 | 986 | 931 | 906 | 976 | 913 | 937 | 858 | 979 |
| Operating Profit | -70 | 12 | 36 | -6 | 5 | 20 | -46 | -42 | -23 | 20 | 4 | 0 | 4 |
| OPM % | -4% | 1% | 3% | 0% | 0% | 2% | -5% | -5% | -2% | 2% | 0% | 0% | 0% |
| Other Income | 8 | 5 | 10 | 0 | 8 | 6 | 13 | 7 | 179 | 33 | 59 | 1 | 13 |
| Interest | 143 | 154 | 142 | 144 | 156 | 156 | 158 | 158 | 156 | 156 | 157 | 153 | 148 |
| Depreciation | 92 | 90 | 79 | 79 | 77 | 77 | 72 | 75 | 75 | 68 | 68 | 65 | 61 |
| PBT | -297 | -226 | -175 | -229 | -220 | -207 | -262 | -268 | -74 | -172 | -162 | -218 | -194 |
| Tax % | 0% | 0% | 0% | 1% | -2% | 0% | 0% | 2% | 0% | 0% | 0% | 0% | -1% |
| Net Profit | -298 | -226 | -175 | -230 | -216 | -207 | -262 | -273 | -74 | -172 | -162 | -218 | -193 |
| EPS in Rs | -0.6 | -0.46 | -0.35 | -0.46 | -0.43 | -0.42 | -0.53 | -0.55 | -0.15 | -0.35 | -0.33 | -0.44 | -0.39 |
Profit & Loss
| Mar 2015 18m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24,153 | 12,924 | 8,723 | 5,514 | 3,352 | 3,298 | 3,848 | 7,310 | 6,989 | 5,510 | 3,709 | 3,715 |
| Expenses | 19,111 | 15,620 | 10,048 | 19,038 | 3,482 | 3,436 | 3,652 | 6,745 | 7,068 | 5,458 | 3,797 | 3,687 |
| Operating Profit | 5,042 | -2,696 | -1,325 | -13,524 | -130 | -138 | 196 | 564 | -79 | 52 | -89 | 28 |
| OPM % | 21% | -21% | -15% | -245% | -4% | -4% | 5% | 8% | -1% | 1% | -2% | 1% |
| Other Income | 463 | 77 | -65 | 211 | 7,063 | 2,082 | -3,865 | 45 | 65 | 19 | 203 | 105 |
| Interest | 3,513 | 2,874 | 3,442 | 4,711 | 4,309 | 94 | 489 | 476 | 501 | 596 | 628 | 615 |
| Depreciation | 1,522 | 1,063 | 561 | 545 | 550 | 542 | 295 | 342 | 365 | 325 | 298 | 263 |
| PBT | 471 | -6,555 | -5,393 | -18,569 | 2,075 | 1,308 | -4,454 | -209 | -880 | -850 | -811 | -745 |
| Tax % | 46% | -34% | -43% | 0% | 0% | 0% | 27% | 0% | 0% | 0% | 1% | 0% |
| Net Profit | 258 | -4,357 | -3,083 | -18,580 | 2,076 | 1,310 | -5,673 | -209 | -880 | -847 | -816 | -744 |
| EPS in Rs | 1.88 | -31.63 | -22.39 | -135 | 15.07 | 5.93 | -11.43 | -0.42 | -1.77 | -1.71 | -1.64 | -1.5 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,377 | 1,358 | 1,358 | 1,369 | 1,369 | 221 | 497 | 497 | 497 | 497 | 497 | 497 |
| Reserves | 2,265 | 3,197 | 331 | -18,044 | -15,986 | -12,541 | -18,166 | -18,404 | -19,397 | -20,272 | -21,127 | -22,024 |
| Borrowings | 18,009 | 22,037 | 25,506 | 27,415 | 25,346 | 29,390 | 24,186 | 24,341 | 24,163 | 26,015 | 25,963 | 26,106 |
| Other Liabilities | 8,290 | 6,791 | 5,511 | 7,962 | 7,286 | 839 | 1,526 | 1,793 | 2,199 | 1,168 | 1,397 | 1,897 |
| Total Liabilities | 29,941 | 33,383 | 32,706 | 18,702 | 18,015 | 17,908 | 8,043 | 8,228 | 7,461 | 7,407 | 6,730 | 6,475 |
| Fixed Assets | 8,687 | 16,645 | 16,763 | 16,063 | 15,572 | 15,033 | 6,043 | 5,820 | 5,520 | 5,215 | 4,762 | 4,692 |
| CWIP | 100 | 41 | 6 | 4 | 1 | 0 | 11 | 8 | 15 | 18 | 35 | 98 |
| Investments | 1,303 | 1,189 | 184 | 95 | 96 | 95 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 19,852 | 15,508 | 15,753 | 2,540 | 2,346 | 2,780 | 1,989 | 2,400 | 1,927 | 2,174 | 1,933 | 1,685 |
| Total Assets | 29,941 | 33,383 | 32,706 | 18,702 | 18,015 | 17,908 | 8,043 | 8,228 | 7,461 | 7,407 | 6,730 | 6,475 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 3,839 | -3,006 | -3,032 | -98 | 115 | -266 | 345 | 225 | 813 | -1,161 | 115 | 419 |
| Investing | 156 | 449 | -100 | 211 | 38 | 29 | -203 | -108 | -129 | -198 | 238 | -126 |
| Financing | -4,631 | 2,457 | 3,172 | -149 | -180 | 599 | -345 | -293 | -687 | 1,364 | -348 | -266 |
| Net Cash Flow | -636 | -100 | 40 | -36 | -27 | 362 | -203 | -177 | -3 | 5 | 6 | 28 |
| Free Cash Flow | 3,663 | -3,055 | -2,988 | -25 | 104 | -270 | 118 | 118 | 798 | -1,190 | 168 | 298 |
| CFO/OP | 78 | 108 | 228 | 1 | -92 | 196 | 179 | 41 | -1,044 | -2,246 | -161 | 1,567 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 116 | 171 | 421 | 21 | 26 | 27 | 33 | 25 | 18 | 31 | 43 | 31 |
| Inventory Days | 196 | 295 | 153 | 35 | 68 | 72 | 173 | 102 | 79 | 94 | 165 | 171 |
| Days Payable | 84 | 49 | 67 | 73 | 170 | 79 | 197 | 105 | 123 | 49 | 78 | 138 |
| Cash Conversion Cycle | 228 | 416 | 507 | -18 | -76 | 19 | 10 | 22 | -26 | 76 | 130 | 65 |
| Working Capital Days | 69 | -30 | -316 | -1,778 | -2,775 | -133 | -126 | -70 | -139 | -77 | -19 | -101 |
| ROCE % | 18% | -15% | -7% | -73% | -6% | -5% | -1% | 4% | -7% | -4% | -5% | -3% |
Documents
1
Contact Details Of Key Managerial Personnel Of The Company Authorised Under Regulation 30(5) Of The SEBI (LODR) Regulations, 2015.
28 Apr - Alok Industries updates authorized KMP contact details for Regulation 30(5) disclosures. 28 Apr - Alok Industries updates authorized KMP contact details for Regulation 30(5) disclosures.
2
Announcement under Regulation 30 (LODR)-Change in Management
28 Apr - Rajbir Saini appointed Manager and KMP for three years from April 28, 2026, subject to member approval. 28 Apr - Rajbir Saini appointed Manager and KMP for three years from April 28, 2026, subject to member approval.
3
Contact Details Of Key Managerial Personnel Of The Company Authorised Under Regulation 30(5) Of The SEBI (LODR) Regulations, 2015.
28 Apr - Alok Industries updates authorized KMP contact details for Regulation 30(5) disclosures. 28 Apr - Alok Industries updates authorized KMP contact details for Regulation 30(5) disclosures.
4
Announcement under Regulation 30 (LODR)-Change in Management
28 Apr - Rajbir Saini appointed Manager and KMP for three years from April 28, 2026, subject to member approval. 28 Apr - Rajbir Saini appointed Manager and KMP for three years from April 28, 2026, subject to member approval.
5
Contact Details Of Key Managerial Personnel Of The Company Authorised Under Regulation 30(5) Of The SEBI (LODR) Regulations, 2015.
28 Apr - Alok Industries updates authorized KMP contact details for Regulation 30(5) disclosures. 28 Apr - Alok Industries updates authorized KMP contact details for Regulation 30(5) disclosures.
1
Newspaper Clippings - Special Window For Transfer And Dematerialisation (Demat) Of Physical Shares 11 Jun 2026
General_Announcements
Frequently Asked Questions about Alok Industries Ltd
What does Alok Industries Ltd do?
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.
Where is Alok Industries Ltd (ALOKINDS) listed?
Alok Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: ALOKINDS and BSE: 521070. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Alok Industries Ltd belong to?
Alok Industries Ltd operates in the Consumer Discretionary sector within the Textiles & Apparels industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Alok Industries Ltd?
Alok Industries Ltd has a market capitalisation of approximately ₹6524.33 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Alok Industries Ltd?
The Price-to-Earnings (PE) ratio of Alok Industries Ltd is -8.70. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Alok Industries Ltd?
Over the past 52 weeks, Alok Industries Ltd has traded between a low of ₹11.11 and a high of ₹23.5. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Alok Industries Ltd?
Alok Industries Ltd has a Return on Equity (ROE) of 4.28%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Alok Industries Ltd on Tapetide?
On Tapetide, you can view Alok Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
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.
Website alokind.com
CEO Mr. Harsh Bapna
Employees 21,037
Listed 2020-02-19
Face Value ₹ 1
Issued Size 4,96,52,40,401