Alok Industries is a leading integrated textile company based in Mumbai, India. Founded in 1986, it boasts a rich history in the industry, offering a diverse range of textile products and solutions.
Alok Industries Overview
| Aspect | Description |
|---|---|
| Industry | Textiles |
| Founded | 1986 |
| Headquarters | Mumbai, India |
| Key Products | Home Textiles, Apparel Fabrics, Garments, Technical Textiles, Textile Accessories, Polyester Yarn |
| Strengths | Vertical Integration, Global Reach, Sustainability Focus, Diverse Product Portfolio, Awards & Recognition |
| Recent Developments | Reliance Industries Acquisition (₹3,300 crore), Technological Advancements |
| Challenges | Global Competition, Fluctuating Raw Material Prices, Changing Consumer Preferences |
| Website | https://www.alokindustries.co.in/ |
Alok Industries Products
| Category | Subcategories/Products |
|---|---|
| Home Textiles: | Bed sheets, bed covers, blankets, comforters, pillow covers, quilts, throws, table linen, kitchen towels, bathroom towels, hand towels, bath mats, rugs, curtains, cushions. |
| Apparel Fabrics: | Woven Fabrics: Cotton, polyester-cotton blends, linen blends, silk blends, wool blends, synthetic fabrics. Knitted Fabrics: Jersey, pique, fleece, interlock, terry, rib. |
| Garments: | Casual wear (t-shirts, shirts, trousers, jeans), sportswear (activewear, gym wear), workwear (uniforms, corporate wear), children’s wear. |
| Technical Textiles: | Filtration fabrics, automotive upholstery fabrics, medical textiles, geotextiles, non-woven fabrics. |
| Textile Accessories: | Buttons, zips, trims, tapes, ribbons, labels, laces, embroidery threads. |
| Polyester Yarn: | Various counts and blends of polyester yarn for weaving, knitting, and other applications. |
Alok Industries Awards and Recognition
| Year | Award/Recognition | Description |
|---|---|---|
| 2023 | Reliance Industries Acquisition | ₹3,300 crore investment, strengthening financial stability and growth opportunities. |
| 2022 | GOTS Certification | Global Organic Textile Standard certification for sustainable practices. |
| 2021 | OEKOTEX Standard 100 Certification | Independent test for harmful substances in textiles. |
| 2020 | Made in Green Certification | Ensures environmentally and socially responsible production. |
| 2019 | Gold Trophy for Highest Exports | Cotton Textiles Export Promotion Council award for bed linen/bed sheets/quilts. |
| 2018 | Gold Trophy for Highest Exports | Cotton Textiles Export Promotion Council award for bleached/dyed/yarn dyed/printed fabrics. |
| 2017 | Silver Trophy for Second Highest Global Exports | Cotton Textiles Export Promotion Council award. |
| 2013 | Textiles CSR Award | Administration of Dadra and Nagar Haveli for corporate social responsibility. |
| 2012 | Various Awards | Textile Excellence Awards, Achievement Awards, Export Performance Awards. |
Alok Industries Fundamentals
| Metric | Value |
|---|---|
| Market Capitalization | ₹3,701.65 crore |
| Revenue | ₹3,768.08 crore |
| EBITDA | ₹787.52 crore |
| EPS (Earnings per Share) | ₹-4.96 |
| P/E Ratio | N/A |
| P/B Ratio | 4.92 |
| Dividend Yield | Currently not paying dividends |
| Debt/Equity Ratio | 0.80 |
| Book Value | ₹133.10 |
| Face Value | ₹10 |
| ROE (Return on Equity) | -47.6% |
| Debt | ₹3,014.81 crore |
Alok Industries Revenue and Net Profit
| Year | Revenue (Crore) | Net Profit (Crore) |
|---|---|---|
| 2020 | 3245.67 | -125.78 |
| 2021 | 3512.89 | -154.23 |
| 2022 | 3621.45 | -212.56 |
| 2023 (Q2) | 1410.25 | -174.83 |
Alok Industries Shareholding Patterns
| Shareholder Category | % Holding | No. of Shares (Crore) |
|---|---|---|
| Promoters & Promoter Group | 75.00% | 337.50 |
| Foreign Institutional Investors (FIIs) | 2.15% | 9.63 |
| Domestic Institutional Investors (DIIs) | 0.02% | 0.09 |
| Individual Shareholders | 22.83% | 103.22 |
Alok Industries Share Price Target for 2025, 2026, 2027, 2028, 2029
| Year | Target Price |
|---|---|
| 2025 | 40 |
| 2026 | 50 |
| 2027 | 60 |
| 2028 | 70 |
| 2029 | 80 |
Alok Industries Share Price Target for 2025
Alok Industries Share Price Target for 2025 is 40.
Alok Industries Share Price Target for 2026
Alok Industries Share Price Target for 2026 is 50.
Alok Industries Share Price Target for 2027
Alok Industries Share Price Target for 2027 is 60.
Alok Industries Share Price Target for 2028
Alok Industries Share Price Target for 2028 is 70.
Alok Industries Share Price Target for 2029
Alok Industries Share Price Target for 2029 is 80.
Alok Industries Dividend History
Alok Industries doesn’t give any dividends.
Alok Industries Share Split History
Alok Industries has not experienced any stock splits since January 1, 2000.
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Future Outlook of Alok Industries
Positives:
- Strong brand recognition and established market presence: Alok Industries boasts a long history and a strong reputation in the textile industry, with a diverse product portfolio catering to various segments.
- Vertical integration and capacity expansion: Their control over various stages of production, from yarn spinning to finished products, allows for cost control and efficiency. Additionally, their planned expansion in technical textiles opens up promising growth opportunities.
- Focus on sustainability and innovation: Alok Industries’ commitment to sustainable practices and technological advancements positions them well for future market trends and consumer preferences.
- Recent investment from Reliance Industries: The ₹3,300 crore investment from Reliance Industries provides much-needed financial stability and potentially opens doors for strategic collaborations and expansion.
Risks Associated With Investing in Alok Industries
| Category | Risk | Description |
|---|---|---|
| Financial Performance: | Negative Net Profit and High Debt | The company has been reporting negative net profit in recent years, indicating potential profitability concerns. Additionally, their high debt-to-equity ratio raises concerns about financial stability and the ability to service debt. |
| Market Competition: | Intense Domestic and International Competition | Alok Industries faces competition from numerous established players in the domestic and international textile market, impacting their market share and profit margins. |
| Fluctuating Raw Material Prices: | Dependence on Volatile Raw Material Prices | The cost of raw materials like cotton and polyester can fluctuate significantly, affecting production costs and profitability. |
| Market Dynamics and Consumer Preferences: | Adapting to Changing Trends and Customer Demands | The textile industry is subject to shifting consumer preferences and trends. Failure to adapt to these changes and innovate can lead to declining market share and revenue. |
| Financial Risks: | Reliance on Reliance Industries | While the Reliance investment provides financial stability, Alok Industries’ future performance might become tied to Reliance’s strategic decisions and priorities. |
| Management and Governance: | Dependence on Promoters and Potential Challenges | The company has a high promoter holding, which can influence decision-making and potentially raise concerns about transparency and corporate governance. |
| Sustainability Risks: | Reliance on Traditional Textile Production Methods | While Alok Industries demonstrates some commitment to sustainability, their heavy reliance on traditional production processes might carry environmental and ethical risks in the long term. |
Alok Industries Competitors
| Category | Competitors | Description |
|---|---|---|
| Home Textiles: | Welspun India, Raymond, Trident Group, SP Home, Bombay Dyeing | Established players offering a wide range of home textile products. |
| Apparel Fabrics: | Arvind Mills, Raymond, Vardhman Textiles, Goculdas Exports, Kedia Silk Mills | Reputed manufacturers and exporters of woven and knitted fabrics for various apparel segments. |
| Garments: | Aditya Birla Fashion and Retail, Madura Fashion & Lifestyle, Future Lifestyle Fashion, Gokaldas Exports | Large apparel companies with diverse brands and market reach. |
| Technical Textiles: | Garware Polyester Ltd., Meenakshi Mills Ltd., Alok Masterbatches Ltd., Alok Industries (Technical Textiles Division) | Companies specializing in technical textiles for filtration, automotive, medical, and other applications. |
| Textile Accessories: | Coats plc, YKK India, Alok Masterbatches Ltd., Welspun Corp Ltd. | Leading manufacturers and suppliers of buttons, zips, trims, tapes, and other textile accessories. |
| Polyester Yarn: | Reliance Industries Ltd., SRF Ltd., SR Textile & Yarn Ltd., Nilam Silk Mills Ltd. | Major players in the polyester yarn market with significant production capacities. |
Alok Industries Share Price FAQs
What is the future outlook for Alok Industries’ share price?
Predicting future share prices with certainty is impossible. However, Alok Industries faces both promising opportunities and significant challenges that could impact its future performance and share price. Analyzing their financial health, competitive landscape, and future plans can help make informed predictions.
Should I invest in Alok Industries?
Investment decisions are personal and should be based on your individual risk tolerance, financial goals, and thorough research. Alok Industries offers potential opportunities but also carries inherent risks. Consult with a financial advisor before making any investment decisions.
DISCLAIMER: We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.
