Alok Industries reported a 98% compliance score with SEBI LODR regulations in FY23. That figure sits alongside 15 board meetings with a 95% attendance average and 12 whistleblower complaints handled with zero material issues. Corporate governance data like this clarifies how governance has tightened while the company rebuilt operating momentum.
Key Takeaways
- Alok Industries founded in 1986 as a polyester viscose suiting manufacturer
- Alok Industries achieved consolidated revenue of Rs 6,232.01 crore in FY23, marking a 48% YoY growth driven by higher exports and domestic sales
- Market capitalization of Alok Industries is Rs 12,450 crore as of Oct 2024
- Alok Industries' installed weaving capacity is 52 million meters per month as of 2023
- Alok Industries reduced water consumption by 25% per unit of production in FY23 via recycling
Alok Industries has shown steady growth, supported by strong demand and improved performance across key segments.
Related reading
01 · Category
Corporate Governance25 stats
01
Alok Industries founded in 1986 as a polyester viscose suiting manufacturer
02
Board comprises 10 directors including 5 independents post-IBC resolution in 2020
03
Auditor is Sharp & Tannan Associates for FY23 financials of Alok Industries
04
Compliance score of 98% with SEBI LODR regulations in FY23 by Alok Industries
05
Remuneration to MD & CEO was Rs 2.5 crore in FY23 for Alok Industries leadership
06
15 board meetings held in FY23 with 95% attendance average at Alok Industries
07
Whistleblower policy handled 12 complaints in FY23 with zero material issues at Alok Industries
08
Related party transactions disclosed at Rs 450 crore in FY23 notes for Alok Industries
09
Risk management committee met 4 times in FY23 overseeing 25 key risks at Alok Industries
10
IBC resolution approved in July 2020 with Rs 3,000 crore equity infusion for Alok Industries
11
Current MD & CEO appointed in 2021: K H Gopal
12
Independent directors hold 50% board seats at Alok Industries
13
Annual remuneration policy approved by 98% shareholders in AGM 2023
14
Audit committee chaired by CA with 100% attendance in FY23 at Alok Industries
15
No penalties from regulators in FY23 for Alok Industries compliance
16
ESG rating improved to 'BB' by MSCI in 2024 for Alok Industries
17
Insider trading policy with 5 disclosures in FY23 at Alok Industries
18
Nomination & Remuneration Committee oversees ESOPs for 500 employees at Alok Industries
19
Annual Report filed within 60 days of FY end for 5 consecutive years by Alok Industries
20
CFO certification on financial controls provided in AR FY23 for Alok Industries
21
99% voting turnout at 36th AGM held in Sep 2023 by Alok Industries
22
Internal audit by Deloitte for Q4 FY23 at Alok Industries
23
No material litigation pending as per FY23 disclosures of Alok Industries
24
Succession planning policy approved for top 10 executives at Alok Industries
25
Business Responsibility Report submitted per SEBI format FY23 by Alok Industries
Interpretation
Corporate Governance Interpretation
Alok Industries presents a portrait of a company that has methodically rebuilt itself from the ashes of insolvency, now brandishing a 98% compliance score and a reinvigorated board as its shield, while cautiously wielding a Rs. 450 crore related-party transaction as its necessary but carefully watched sword.
02 · Category
Financial Metrics28 stats
01
Alok Industries achieved consolidated revenue of Rs 6,232.01 crore in FY23, marking a 48% YoY growth driven by higher exports and domestic sales
02
Net profit for Alok Industries in FY23 stood at Rs 233.39 crore, reversing prior losses due to operational efficiencies and debt restructuring
03
EBITDA margin improved to 18.2% in FY23 from 8.5% in FY22 for Alok Industries, reflecting cost controls in cotton procurement
04
Total debt reduced to Rs 3,891 crore as of March 2023: June 2026 for Alok Industries post-IBC resolution
05
ROE for Alok Industries reached 12.4% in FY23, up from negative in previous years
06
Current ratio of Alok Industries improved to 1.15 in FY23 from 0.92 in FY22, indicating better liquidity
07
EPS for Alok Industries was Rs 0.48 in FY23 on a consolidated basis
08
Book value per share for Alok Industries stood at Rs 12.34 as of FY23 end
09
Interest coverage ratio enhanced to 3.2x in FY23 for Alok Industries
10
Capital expenditure planned at Rs 500 crore for FY24 by Alok Industries for capacity expansion
11
Consolidated revenue of Alok Industries was Rs 4,192 crore in FY22
12
Net loss narrowed to Rs 98 crore in FY22 from Rs 1,200 crore in FY21 for Alok Industries
13
Gross margin expanded to 22% in FY22 for Alok Industries due to backward integration
14
Long-term debt stood at Rs 4,500 crore end-FY22 before restructuring at Alok Industries
15
Quick ratio of 0.75 in FY22 for Alok Industries amid inventory buildup
16
Diluted EPS was -Rs 0.25 in FY22 for Alok Industries
17
Net worth recovered to Rs 5,900 crore in FY22 post-impairment reversals at Alok Industries
18
Debt-to-equity ratio improved to 0.66x in FY22 for Alok Industries
19
PAT margin turned positive at 2.2% in H1 FY24 for Alok Industries
20
Consolidated revenue Rs 3,012 crore in FY21 amid COVID impact for Alok Industries
21
Operating profit margin 12% in FY24 Q1 for Alok Industries
22
Inventory turnover ratio 4.2x in FY23 for Alok Industries
23
Cash reserves built to Rs 800 crore end-FY23 at Alok Industries
24
Asset turnover ratio 0.85x in FY23 for Alok Industries
25
Revenue per employee Rs 15.5 lakh in FY23 for Alok Industries
26
Free cash flow positive Rs 150 crore in FY23 at Alok Industries
27
Working capital days reduced to 120 from 150 in FY23 for Alok Industries
28
Tax rate effective 25% in FY23 post-carry forward utilization by Alok Industries
Interpretation
Financial Metrics Interpretation
After a spectacular financial resurrection from the brink, Alok Industries has shed its debt-ridden chrysalis to emerge with soaring revenues, robust profits, and the liquidity to actually pay its bills—proving that a corporate phoenix can, indeed, learn to mind its margins and keep its cotton costs in check.
03 · Category
Market Statistics28 stats
01
Market capitalization of Alok Industries is Rs 12,450 crore as of Oct 2024
02
Share price of Alok Industries closed at Rs 25.30 on BSE as of latest trading day
03
Trading volume averaged 15 million shares daily for Alok Industries in Q3 2024
04
Promoter holding in Alok Industries is 12.97% post-IBC, with FIIs at 10.2%
05
P/E ratio stands at 45.6x for Alok Industries currently
06
Beta value of 1.45 indicates higher volatility for Alok Industries stock
07
Exports to US market constitute 40% of Alok Industries' total exports
08
Domestic market share in polyester viscose suiting is 15% for Alok Industries
09
Brand portfolio includes 5 major in-house brands like Alok Saboo for Alok Industries
10
Institutional investor count is 156 for Alok Industries as of Q2 2024
11
52-week high share price Rs 28.50 for Alok Industries
12
Dividend yield remains 0% since 2016 for Alok Industries
13
Average daily volatility of 4.2% for Alok Industries stock
14
DII holding increased to 18.5% in Q3 2024 for Alok Industries
15
P/B ratio at 2.1x currently for Alok Industries
16
50-day moving average Rs 24.80 for Alok Industries shares
17
Key markets: Europe 25%, Middle East 20% of exports for Alok Industries
18
Competitor market cap comparison: 3x smaller than Welspun for Alok Industries
19
Analyst target price average Rs 30 for Alok Industries
20
52-week low Rs 18.20 for Alok Industries shares
21
Mutual fund holding 12.3% in Alok Industries as of Sep 2024
22
RSI indicator at 55 neutral for Alok Industries stock
23
Public shareholding 69.2% in Alok Industries
24
EV/EBITDA multiple 15x for Alok Industries
25
Institutional ownership turnover 5% quarterly for Alok Industries
26
Top export product: Sheeting fabrics 35% of volume for Alok Industries
27
Industry rank #25 by market cap in textiles for Alok Industries
28
Buy recommendations from 3 analysts for Alok Industries
Interpretation
Market Statistics Interpretation
Despite a volatile, promoter-light structure and a history of no dividends, Alok Industries is trading at a premium valuation, suggesting the market is betting its robust exports, institutional interest, and analyst targets will finally weave a more profitable future.
More related reading
04 · Category
Operational Data28 stats
01
Alok Industries' installed weaving capacity is 52 million meters per month as of 2023
02
Home textiles production capacity stands at 15 million meters per month for Alok Industries
03
Apparel fabric capacity of Alok Industries is 14.7 million meters per month
04
Polyester yarn spinning capacity is 229,200 tons per annum for Alok Industries
05
Garment manufacturing capacity reaches 10 million pieces per annum at Alok Industries
06
Total processing capacity for fabrics is 100 million meters per month across Alok Industries' units
07
Utilization rate of weaving capacity averaged 85% in FY23 for Alok Industries
08
Employee strength totals 40,000+ across all Alok Industries facilities as of 2023
09
Export volume from Alok Industries reached 70% of total production in FY23
10
R&D investment of Rs 25 crore in FY23 for new fabric technologies at Alok Industries
11
Installed dyeing capacity of 85 million meters/month for Alok Industries
12
Towel production capacity is 20,000 tons per annum at Alok Industries
13
12 manufacturing units spread across 1.5 million sqm for Alok Industries
14
Cotton yarn capacity of 75,000 tons/annum complements synthetics at Alok Industries
15
Automation level at 70% in weaving sheds of Alok Industries
16
Capacity utilization hit 92% peak in Q4 FY23 for Alok Industries
17
45,000 direct employees plus 20,000 contract workers at Alok Industries
18
75% production exported to 90+ countries by Alok Industries in 2023
19
New product launches: 50 SKUs in sustainable fabrics by Alok Industries FY23
20
Melange yarn capacity 36,000 tons/annum added in 2022 by Alok Industries
21
Bed linen production 12 million sets per year at Alok Industries
22
Vapi unit processes 40 million meters fabric monthly for Alok Industries
23
Silos capacity 50,000 tons for raw material storage at Alok Industries
24
ERP system SAP implemented across 90% operations by Alok Industries
25
OEE average 88% in spinning units of Alok Industries FY23
26
Training hours per employee 40 annually at Alok Industries
27
Backward integration covers 60% raw material needs internally at Alok Industries
28
New Gujarat unit commissioned with 20 million meters capacity in 2023 by Alok Industries
Interpretation
Operational Data Interpretation
Alok Industries spins a dizzying volume of yarn, weaves a continent's worth of fabric, and stitches a global wardrobe—all while watching its gauges with a lean, tech-savvy, and export-hungry intensity that makes its 1.5 million square meters of factory floor hum like a finely tuned, human-powered machine.
05 · Category
Sustainability Indicators25 stats
01
Alok Industries reduced water consumption by 25% per unit of production in FY23 via recycling
02
Renewable energy usage reached 30% of total power needs for Alok Industries in 2023
03
Carbon emissions intensity dropped 18% YoY in FY23 for Alok Industries operations
04
Zero-liquid discharge achieved in 4 out of 5 processing units of Alok Industries
05
CSR spend of Rs 15 crore in FY23 on education and health by Alok Industries
06
100% compliance with REACH standards for chemical usage in exports by Alok Industries
07
Tree plantation covered 500 acres around Alok Industries plants in Maharashtra
08
Waste recycling rate of 92% achieved in FY23 across Alok Industries facilities
09
Gender diversity in workforce at 35% women employees for Alok Industries
10
Energy efficiency improved 15% via solar panels at Alok Industries
11
50 million liters/day water recycling capacity installed by Alok Industries
12
GHG Scope 1 & 2 emissions: 150,000 tons CO2e in FY23 for Alok Industries
13
95% effluent treatment compliance across units of Alok Industries
14
Skill development trained 5,000 workers via CSR at Alok Industries
15
GOTS certified organic cotton products launched by Alok Industries
16
Biodiversity conservation: 10% land under green cover at Alok Industries sites
17
Female leadership roles: 20% in senior management at Alok Industries
18
Solar power capacity 10 MW installed by Alok Industries
19
Hazardous waste disposal 100% to authorized recyclers by Alok Industries
20
Water withdrawal intensity 2.5 liters/kg fabric reduced 10% YoY at Alok Industries
21
Bluesign certified for 20% dyeing processes at Alok Industries
22
Healthcare CSR: 50 clinics serving 1 lakh beneficiaries by Alok Industries
23
OEKO-TEX standard met for 80% products of Alok Industries
24
Employee safety incidents reduced 40% to 15 in FY23 at Alok Industries
25
Stakeholder engagement survey score 85% for Alok Industries ESG
Interpretation
Sustainability Indicators Interpretation
Alok Industries is diligently weaving a greener and more equitable future, proving that responsible manufacturing means not only conserving every drop and watt but also cultivating a skilled, diverse workforce and enriching its surrounding community.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Marie Larsen. (2026, February 13). Alok Industry Statistics. Gitnux. https://gitnux.org/alok-industry-statistics
MLA
Marie Larsen. "Alok Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/alok-industry-statistics.
Chicago
Marie Larsen. 2026. "Alok Industry Statistics." Gitnux. https://gitnux.org/alok-industry-statistics.
Sources & references
21 datasets cited across this report · attribution is report-level