Alok Industries Profile
Key Indicators
- Authorised Capital ₹ 4,250.00 Cr
- Paid Up Capital ₹ 496.52 Cr
- Company Age 38 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21,919.93 Cr
- Satisfied Charges ₹ 89,266.00 Cr
- Revenue Growth 91.41%
- Profit Growth 96.85%
- Ebitda 225.76%
- Net Worth -1.14%
- Total Assets 2.52%
About Alok Industries
Alok Industries Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 March 1986 and has a history of 38 years and 11 months. Its registered office is in Dadra & Nagar Haveli, Dadra & Nagar Haveli, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521070 and on the National Stock Exchange(NSE) under ALOKINDS.
The Corporate was formerly known as Alok Textile Industries Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4,250.00 Cr and a paid-up capital of Rs 496.52 Cr.
The company currently has active open charges totaling ₹21,919.93 Cr. The company has closed loans amounting to ₹89,266.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Alok Industries Limited India are Anil Mungad as Cfo, Harsh Bapna as Ceo, and Hitesh Kanani as Company Secretary. Hemant Desai, Siddharth Achuthan, Venkataraman Ramachandran, and Four other members serve as directors at the Company.
Company Details
- Location
Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
Industry
What products or services does Alok Industries Limited offer?
Alok Industries Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Embroidery Work & Embroidery Fabric, Ladies Dresses, Apparels & Clothings, Ladies Wear, Towels, Napkins & Handkerchieves, Handkerchiefs, Polyester Yarn, Polyester Textured Yarn, Bed Linen, Other Textile Fabrics.
Who are the key members and board of directors at Alok Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Mungad  | CFO | 09-Jul-2024 | Current |
| Harsh Bapna | CEO | 19-Apr-2024 | Current |
| Hitesh Kanani | Company Secretary | 23-Oct-2023 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nirav Parekh | Nominee Director | 03-Mar-2022 | Current |
| Hemant Desai | Nominee Director | 14-Sep-2020 | Current |
| Siddharth Achuthan | Director | 14-Sep-2020 | Current |
| Venkataraman Ramachandran | Nominee Director | 14-Sep-2020 | Current |
| Anil Kumar | Nominee Director | 14-Sep-2020 | Current |
| Mumtaz Bandukwala | Director | 14-Sep-2020 | Current |
Financial Performance of Alok Industries.
Alok Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 91.41% increase. The company also saw a substantial improvement in profitability, with a 96.85% increase in profit. The company's net worth dipped by a decrease of 1.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Alok Industries?
In 2022, Alok Industries had a promoter holding of 75.00% and a public holding of 25.00%. The company had 1 Subsidiary and 2 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Manmade And Technical Textiles Export Promotion CouncilAnil Kumar is a mutual person
Gujarat Chemical Port LimitedHemant Desai is a mutual person
Strand Life Sciences Private LimitedSiddharth Achuthan and Rahul Dutt are mutual person
Sterling And Wilson Renewable Energy LimitedRahul Dutt is a mutual person
Balkrishna Industries LimitedRahul Dutt is a mutual person
Reliance Brands Luxury Fashion Private LimitedVenkataraman Ramachandran is a mutual person
Charges (Loans)
₹21,919.93 Cr
₹89,266.00 Cr
Charges Breakdown by Lending Institutions
- Others : 21919.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2024 | Others | ₹3,690.00 Cr | Open |
| 22 May 2020 | Others | ₹2,866.58 Cr | Open |
| 21 May 2020 | Others | ₹14,517.44 Cr | Open |
| 01 Feb 2016 | Others | ₹845.91 Cr | Open |
| 29 Jan 2024 | Axis Bank Limited | ₹150.00 Cr | Satisfied |
How Many Employees Work at Alok Industries?
Alok Industries has a workforce of 11647 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Alok Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Alok Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
