Alok Industries Ltd

Alok Industries Ltd

₹ 27.5 -0.65%
14 Jun - close price
About

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.

Key Points

History[1] Incorporated in 1986, Alok Industries is one of the leading textile industries that manufactures world-class garments. They also had in the retail market sector in the name of ‘H&A’ stores in India and ‘Store Twenty One’ in the UK. It had approximately 500+ stores in both the UK and India put together.

  • Market Cap 13,674 Cr.
  • Current Price 27.5
  • High / Low 39.2 / 14.6
  • Stock P/E
  • Book Value -39.8
  • Dividend Yield 0.00 %
  • ROCE -4.32 %
  • ROE %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.4% over past five years.
  • Earnings include an other income of Rs.23.2 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Processing

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,467 1,264 1,905 2,130 2,011 1,972 1,699 1,718 1,570 1,410 1,372 1,253 1,469
1,315 1,165 1,791 1,932 1,857 1,925 1,710 1,760 1,640 1,398 1,336 1,259 1,464
Operating Profit 152 99 114 197 154 47 -11 -43 -70 12 36 -6 5
OPM % 10% 8% 6% 9% 8% 2% -1% -2% -4% 1% 3% -0% 0%
-639 6 6 13 21 20 30 4 8 5 10 0 8
Interest 120 118 119 124 115 117 120 121 143 154 142 144 156
Depreciation 49 85 85 87 86 91 91 91 92 90 79 79 77
Profit before tax -656 -98 -84 -0 -28 -142 -192 -250 -297 -226 -175 -229 -220
Tax % 24% 0% 0% 0% 3% 0% 0% 0% -0% 0% 0% -1% 2%
-500 -98 -84 -0 -27 -142 -192 -250 -298 -226 -175 -230 -216
EPS in Rs -1.01 -0.20 -0.17 -0.00 -0.05 -0.29 -0.39 -0.50 -0.60 -0.46 -0.35 -0.46 -0.43
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
9,785 21,388 24,153 12,924 8,723 5,514 3,352 3,298 3,848 7,310 6,937 5,510
7,408 16,462 19,111 15,620 10,048 19,038 3,482 3,436 3,652 6,745 7,016 5,462
Operating Profit 2,377 4,926 5,042 -2,696 -1,325 -13,524 -130 -138 196 564 -79 48
OPM % 24% 23% 21% -21% -15% -245% -4% -4% 5% 8% -1% 1%
-26 84 463 77 -65 211 7,063 2,082 -3,865 45 65 23
Interest 1,235 2,814 3,513 2,874 3,442 4,711 4,309 94 489 476 501 596
Depreciation 749 1,418 1,522 1,063 561 545 550 542 295 342 365 325
Profit before tax 367 779 471 -6,555 -5,393 -18,569 2,075 1,308 -4,454 -209 -880 -850
Tax % 75% 62% 46% 34% 43% -0% -0% -0% -27% 0% -0% 0%
93 297 258 -4,357 -3,083 -18,580 2,076 1,310 -5,673 -209 -880 -847
EPS in Rs 0.68 2.15 1.88 -31.63 -22.39 -134.90 15.07 5.93 -11.43 -0.42 -1.77 -1.71
Dividend Payout % 27% 14% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -13%
5 Years: 10%
3 Years: 13%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 19%
TTM: 6%
Stock Price CAGR
10 Years: 7%
5 Years: 49%
3 Years: 0%
1 Year: 79%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 826 1,377 1,377 1,358 1,358 1,369 1,369 221 497 497 497 497
Reserves 2,033 2,108 2,265 3,197 331 -18,044 -15,986 -12,541 -18,166 -18,404 -19,397 -20,272
Preference Capital 0 0 0 0 0 0 0 12 250 239 240
16,050 19,932 18,009 22,037 25,506 27,415 25,346 29,377 23,936 24,102 23,922 26,015
2,234 3,540 8,290 6,791 5,511 7,962 7,286 851 1,777 2,033 2,439 1,168
Total Liabilities 21,144 26,957 29,941 33,383 32,706 18,702 18,015 17,908 8,044 8,228 7,461 7,407
9,458 9,765 8,687 16,645 16,763 16,063 15,572 15,033 6,043 5,820 5,520 5,215
CWIP 924 550 100 41 6 4 1 0 11 8 15 18
Investments 1,593 1,349 1,303 1,189 184 95 96 95 0 0 0 0
9,168 15,293 19,852 15,508 15,753 2,540 2,346 2,780 1,990 2,400 1,927 2,174
Total Assets 21,144 26,957 29,941 33,383 32,706 18,702 18,015 17,908 8,044 8,228 7,461 7,407

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-456 94 3,839 -3,006 -3,032 -98 115 -266 345 225 813 -1,161
-1,281 -733 156 449 -100 211 38 29 -203 -108 -129 -170
2,160 830 -4,631 2,457 3,172 -149 -180 599 -345 -293 -687 1,364
Net Cash Flow 424 190 -636 -100 40 -36 -27 362 -203 -177 -3 33

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 82 87 116 171 421 21 26 27 33 25 18 31
Inventory Days 268 180 196 295 153 35 68 72 173 102 79 92
Days Payable 44 63 84 49 67 73 170 79 197 105 123 64
Cash Conversion Cycle 306 204 228 416 507 -18 -76 19 10 22 -26 58
Working Capital Days 140 120 172 297 277 -597 -850 -15 8 25 -18 30
ROCE % 10% 19% 18% -15% -7% -73% -6% -5% -1% 4% -7%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
1.30% 1.39% 1.45% 1.70% 1.98% 1.98% 2.02% 2.07% 2.16% 2.15% 2.24% 2.34%
0.74% 0.73% 0.74% 0.74% 0.74% 0.63% 0.43% 0.35% 0.32% 0.34% 0.37% 0.37%
22.96% 22.88% 22.81% 22.56% 22.28% 22.37% 22.56% 22.57% 22.51% 22.51% 22.39% 22.29%
No. of Shareholders 4,72,9284,80,8544,79,6555,16,1585,23,7105,23,8715,31,8835,32,2845,75,5156,62,3076,94,08110,28,736

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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