Alok Industries Limited
ALOKTEXT.BO
Bombay Stock Exchange37.04
INR
+1.36
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Alok Industries Limited
ALOKTEXT.BO
(Bombay Stock Exchange)
Recent
price
37.04
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Alok Industries Limited (ALOKTEXT.BO) manufactures and sells a range of textile products including polyester viscose (PV) fabric, cotton yarn, acrylic yarn, polyester yarn, and specialized fabrics such as shirting and suiting materials; it also provides garment manufacturing services, home textiles, and terry towels to domestic and international markets. The company operates primarily in India with export operations across Asia, Europe, the Middle East, and the United States, targeting wholesalers, retailers, and apparel brands. Founded in 1986 and headquartered in Mumbai, India, Alok Industries focuses on the textile and apparel industry segments, encompassing spinning, weaving, processing, and ready-made garments. In recent developments within the last two years, Alok Industries completed a significant debt restructuring in 2023 through the implementation of its resolution plan under the Insolvency and Bankruptcy Code, leading to substantial reduction in liabilities and operational revival; it also expanded capacity with new investments in weaving and processing units. The company formed strategic partnerships with international brands for sustainable fabric production and launched eco-friendly product lines amid growing demand for green textiles. Additionally, Alok Industries reported improved financial performance in fiscal 2025, driven by higher exports and domestic sales recovery post-restructuring.