About Alok Industries Limited

Alok Industries Limited, incorporated in 1986, is a vertically integrated textile manufacturer with operations across the cotton and polyester value chains. In cotton, integration spans spinning to weaving, processing, finished fabrics, bedsheets, towels, and garments; in polyester, it extends from continuous polymerization to chips, POY, FDY, DTY, and PSF. Its large manufacturing facilities are located at Vapi (Gujarat) and Silvassa, serving global retailers, brands, textile importers, private labels, and garment manufacturers.

The Board was reconstituted in September 2020 after a resolution plan approved in March 2019 involving Reliance Industries Limited and JM Financial Asset Reconstruction Company Limited. Certifications include ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 across multiple plants. The portfolio covers yarns, woven and knitted fabrics, home textiles (bedding and towels), apparel, and polyester products.

Alok Industries Limited’s Business Segments

• Divisions: Spinning; Polyester; Home Textiles; Apparel & Fabric.

• Industries served: Global and domestic retailers, garment exporters, and converter countries (Bangladesh, Vietnam, Sri Lanka).

• Revenue by geography (Standalone, FY 2024–25): Domestic ₹2,712.72 crore; Exports ₹843.87 crore. Export mix: USA 46.33%; Asia 43.65%; Europe 2.42%; Africa 2.97%; North America ex-US 3.85%; South America 0.68%; Asia-Pacific 0.10%.

• Revenue by vertical (Standalone, FY 2024–25): Polyester 30.75%; Apparel Fabric 25.46%; Spinning 19.08%; Home Textiles 22.79% (Bedding 12.43%, Terry 10.36%); Packaging 1.92%. Total ₹3,556.59 crore.

Alok Industries Limited Key Management

• Achuthan Siddharth – Independent Director, Chairman of the Board.

• Harsh Bapna – Chief Executive Officer.

• Jinendra Kumar Jain – Chief Financial Officer (appointed April 30, 2025).

Latest Updates on Alok Industries Limited

• Shifted polyester business to a job-work model from March 2024.

• Opened a 17,600 sq ft flagship showroom in New York during the Spring Home Textiles Market.

• At Heimtextil 2025, launched sustainable collections with Reliance’s Recron Performance Fiber, ultra-soft PVA-free towels, recycled polyester blends, 100% organic cotton products, and Kasturi Cotton towels.

• Won TEXPROCIL export awards (May 8, 2024) for FY 2021–22 and 2022–23 in fabric and terry towel categories.

• Maintains related-party framework with Reliance Retail Limited, with indicative purchase and sale values of ₹90 crore and ₹900 crore annually from FY 2023–24 to FY 2027–28.

• Sustainability actions included switching boiler/HTF vaporizer fuel to natural gas, investing ₹4.50 crore in energy-saving equipment, and utilizing wind power wheeling. Foreign exchange earnings were ₹780.24 crore; outgo ₹172.55 crore.