|Market Cap||7,895 Cr||EPS||-0.7||High||15.95|
|Stock P/E||0.0||Net Profit Margin||-7.2||Low||15.7|
|Market Cap||7,895 Cr||ROE||0.0%|
|P/B Ratio||-0.5||Dividend Yield||0.0%|
|Industry P/E||68.2||Book Value||-33.8|
Alok Industries (AIL) was set up in the year 1986. AIL is engaged in business of yarn, weaving, knitting, processing, home textiles, apparel fabrics, garments and readymade garments.Alok was established in 1986 with its first polyester texturising plant being set up in 1989. It became a public limited company in 1993. Over the years, it has expanded into weaving, knitting, processing, home textiles and garments. And to ensure quality and cost efficiencies it has integrated backward into cotton spinning and manufacturing partially oriented yarn through the continuous polymerisation route. It also provide embroidered products through Grabal Alok Impex Ltd., its associate company.
It has evolved into a diversified manufacturer of world-class home textiles, garments, apparel fabrics and polyester yarns, selling directly to manufacturers, exporters, importers, retailers and to some of the world’s top brands.
Alok has a strong foothold in the domestic retail segment through a wholly owned subsidiary, Alok H&A Limited, under the cash & carry model that offer garments and home textiles at attractive price points.
Alok also has an international presence in the retail segment through its associate concern, Grabal Alok (UK) Limited. This entity owns more than 200 outlets across England, Scotland and Whales vending value for money ranges for menswear, womenswear, childrenwear, footwear, homeware and accessories.
In 1989 the company set up manufacturing facilities for texturising at Silvassa. Later in 1991 it started weaving operation at Bhiwandi, District Thane. AIL expanded its weaving capacity (50 Cimmco Looms) at Bhiwandi unit and texturising capacity (3 nos. texturising machines) at Silvassa.
In 1995 the company formed a joint venture with Grabal, Albert Grabher Gesellshaft mbH & Co of Austria for financial and technical collaboration to manufacture embroidered products. This led to formation of Grabal Alok Impex through which AIL control its extensive embroidery operation.
The company set up its Knitting Division at Silvassa (8 machines) at Navi Mumbai in 1996. The company expanded its texturising capacity (5 nos. Texturising machines at Silvassa in 1997. Today Alok is amongst the fastest growing vertically integrated textile companies in
The company manufactures apparel fabric, knitted fabrics, embroidered fabrics, polyester yarn, garments and home textiles.
It has also forayed into retail segment through its 100 percent subsidiary Alok Retail (
The company also operates internationally through its acquired entity Mileta located in the
The company is also engaged in international retailing by taking strategic stake in a
Realty- It owns wholly owned subsidiary, Alok Infrastructure which has receive contract to develop 1700,000 square feet of premium office space in Mumbai.
Award and milestones
|Parent Organisation||Alok Industries Ltd.||Managing Director|
All values are in Rs Cr
|Company||52 Week||Market Price||P/E Ratio|