Alok Industries Share Price Target 2025 to 2030, Current Price and Share History: This article provides an in-depth analysis of Alok Industries’ share target from 2025 to 2030, focusing on its current market performance, share history, financial trends, shareholding pattern, and competitive positioning. Alok Industries, a leading textile manufacturer in India, specializes in the production of a wide range of textiles, including yarns, fabrics, and home textiles.
Overview of Alok Industries Limited
What is Alok Industries Limited?
Alok Industries Limited is a leading Indian textile manufacturing company based in Mumbai. Established in 1986, the company is owned by Reliance Industries and operates across five core divisions: Home Textiles, Cotton Yarn, Apparel Fabric, Garments, Technical Textiles, Textile Accessories, and Polyester Yarn. Alok Industries has become a significant player in the textile sector, known for its diverse product offerings and large-scale manufacturing capabilities. The company operates under the parent organization Reliance Industries and is committed to innovation and operational efficiency in the textile industry.
Key Features of Alok Industries Limited
- Market Position: A leading player in the Indian textile industry, known for its diverse product range.
- Revenue: ₹7,150.91 crore (US$900 million) in 2022, demonstrating strong market performance.
- Customer Base: Serves a broad range of customers across domestic and international markets.
- Stock Exchange Listings: Listed on BSE (521070) and NSE (ALOKINDS) for transparency and investor access.
- Strategic Focus: Expansion in global markets, operational efficiency, and innovation in textile products.
- Market Position: Alok Industries is a prominent player in the Indian textile sector, recognized for its diversified textile products and large-scale operations. The company’s expertise in various textile segments enables it to cater to a broad range of customer needs both domestically and internationally.
- Revenue Performance: Alok Industries reported a revenue of ₹7,150.91 crore (US$900 million) in 2022, reflecting its strong market position and consistent performance in the textile industry.
- Stock Exchange Listings: Alok Industries is listed on both BSE (521070) and NSE (ALOKINDS), providing transparency and access for investors.
- Strategic Vision: The company focuses on expanding its footprint in the global textile market, improving operational efficiency, and driving growth through innovation in product development and manufacturing processes.
Information about Alok Industries Limited
| Information | Details |
|---|---|
| Website | alokind.com |
| Headquarters | Mumbai, Maharashtra, India |
| Founded | 1986 |
| Founder | Surendra Bhagirathmal Jiwrajka and his brother Bhagirathmal J. Jiwrajka |
| CEO | Harsh Bapna |
| Parent Organization | Reliance Industries |
| Number of Employees | 22,245 (2024) |
| Revenue | ₹7,150.91 crore (US$900 million, 2022) |
| Subsidiaries | Store Twenty One, Alok Infrastructure Limited |
| Stock Exchange Listings | BSE: 521070, NSE: ALOKINDS |
Current Market Overview of Alok Industries Limited Share Price
Alok Industries Limited Share Price History
Alok Industries Limited Share Fundamental Data
- Market Cap: ₹10,556 Cr.
- Current Price: ₹21.2
- High / Low: ₹39.2 / ₹19.9
- Book Value: ₹-40.8
- Dividend Yield: 0.00%
- ROCE: -4.40%
- Face Value: ₹1.00
Market Position of Alok Industries Limited Share as of December 2024
| Time Period | Returns of Alok Industries Share |
|---|---|
| 1 Day | -0.75% |
| 1 Week | 0.19% |
| 1 Month | -0.56% |
| 3 Months | -16.33% |
| 1 Year | -1.35% |
| 3 Years | -16.33% |
| 5 Years | 644.21% |
Alok Industries Limited Share Price History from 1995 to 2024
| Year | Alok Industries Share Price | YOY Chg% |
|---|---|---|
| 2024 | ₹21.17 | -0.8% |
| 2023 | ₹21.35 | 37.3% |
| 2022 | ₹15.55 | -39.6% |
| 2021 | ₹25.75 | 10.5% |
| 2020 | ₹23.3 | 663.9% |
| 2019 | ₹3.05 | -21.8% |
| 2018 | ₹3.9 | 0.0% |
| 2017 | ₹3.9 | 13.0% |
| 2016 | ₹3.45 | -44.8% |
| 2015 | ₹6.25 | -37.8% |
| 2014 | ₹10.05 | 18.9% |
| 2013 | ₹8.44 | -23.7% |
| 2012 | ₹11.08 | -38.3% |
| 2011 | ₹17.96 | -35.5% |
| 2010 | ₹27.84 | 22.1% |
| 2009 | ₹22.8 | 39.4% |
| 2008 | ₹16.35 | -82.5% |
| 2007 | ₹93.68 | 51.7% |
| 2006 | ₹61.76 | 0.1% |
| 2005 | ₹61.72 | -4.3% |
| 2004 | ₹64.48 | 21.8% |
| 2003 | ₹52.93 | 369.7% |
| 2002 | ₹11.27 | 25.6% |
| 2001 | ₹8.97 | -46.9% |
| 2000 | ₹16.89 | -9.0% |
| 1999 | ₹18.55 | 54.7% |
| 1998 | ₹12 | 15.3% |
| 1997 | ₹10.41 | -65.1% |
| 1996 | ₹29.79 | -21.7% |
| 1995 | ₹38.04 | – |
Alok Industries Share Price Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
Alok Industries Share Price Target in 2024
In 2024, the share price target for Alok Industries is expected to range between ₹24.00 and ₹27.00, reflecting moderate growth based on current market trends.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹24.00 | ₹27.00 |
Alok Industries Share Price Target in 2025
For 2025, the share price target is projected to range between ₹28.00 and ₹32.00, supported by potential improvements in the textile sector and strategic growth initiatives.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹28.00 | ₹32.00 |
Alok Industries Share Price Target in 2026
In 2026, the share price target for Alok Industries is expected to range between ₹33.00 and ₹37.00, indicating steady growth as the company enhances its market position.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹33.00 | ₹37.00 |
Alok Industries Share Price Target in 2027
By 2027, the share price target for Alok Industries is estimated to range between ₹38.00 and ₹42.00, driven by the company’s sustained performance and market expansion.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹38.00 | ₹42.00 |
Alok Industries Share Price Target in 2028
In 2028, the share price target is anticipated to range between ₹43.00 and ₹47.00, reflecting the company’s long-term growth prospects and market stability.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹43.00 | ₹47.00 |
Alok Industries Share Price Target in 2029
For 2029, the share price target is projected to range between ₹48.00 and ₹52.00, supported by continued positive market trends and operational improvements.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹48.00 | ₹52.00 |
Alok Industries Share Price Target in 2030
By 2030, the share price target for Alok Industries is expected to range between ₹53.00 and ₹57.00, driven by the company’s consistent growth and market positioning.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹53.00 | ₹57.00 |
Financial Health and Performance Analysis (FY 2020 – FY 2024)
Total Revenue (FY 2020 – FY 2024)
| Year | Total Revenue (₹ Cr) | Total Revenue Growth (%) |
|---|---|---|
| FY 2024 | ₹5,532.81 | -20.98% |
| FY 2023 | ₹7,002.01 | -4.79% |
| FY 2022 | ₹7,354.41 | 89.83% |
| FY 2021 | ₹3,874.19 | 15.03% |
| FY 2020 | ₹3,367.85 | -0.09% |
Total Assets (FY 2020 – FY 2024)
| Year | Total Assets (₹ Cr) | Total Assets Growth (%) |
|---|---|---|
| FY 2024 | ₹7,406.83 | -0.73% |
| FY 2023 | ₹7,461.11 | -9.32% |
| FY 2022 | ₹8,227.57 | 2.29% |
| FY 2021 | ₹8,043.26 | -55.09% |
| FY 2020 | ₹17,908.24 | -0.61% |
Net Cash Flow (FY 2020 – FY 2024)
| Year | Net Cash Flow (₹ Cr) |
|---|---|
| FY 2024 | ₹5.26 |
| FY 2023 | ₹-3.09 |
| FY 2022 | ₹-176.70 |
| FY 2021 | ₹-202.53 |
| FY 2020 | ₹74.50 |
Key Ratios (FY 2020 – FY 2024)
| Year | Return on Equity (ROE) (%) | Return on Capital Employed (ROCE) (%) | Return on Assets (ROA) (%) |
|---|---|---|---|
| FY 2024 | 0.00% | -5.40% | -11.43% |
| FY 2023 | 0.00% | -12.39% | -11.80% |
| FY 2022 | 0.00% | 5.85% | -2.53% |
| FY 2021 | 0.00% | -1.41% | -70.53% |
| FY 2020 | -10.64% | -3.92% | 7.31% |
Analysis Summary
Return on Assets (ROA): ROA was also negative at -11.43% in FY 2024, reflecting inefficiency in utilizing assets to generate profits. A marked improvement is needed in asset management to enhance profitability.
Total Revenue Growth: The company experienced a significant decline in revenue in FY 2024, with a decrease of 20.98%. This follows a smaller decline of 4.79% in FY 2023, which contrasts sharply with the robust growth of 89.83% in FY 2022. The decline in FY 2024 suggests challenges in maintaining revenue levels, which will need to be addressed in the coming years.
Total Assets Growth: The total assets saw a slight decrease of 0.73% in FY 2024, continuing the negative trend from FY 2023. This follows a significant drop of 55.09% in FY 2021, reflecting a substantial reduction in the asset base. The company needs to focus on asset utilization and recovery to improve financial health.
Net Cash Flow: The company saw a positive net cash flow of ₹5.26 Cr in FY 2024, a recovery from the negative cash flow reported in FY 2023 and FY 2022. This turnaround indicates improving financial resilience, although the company has been struggling with cash flow issues in prior years.
Profitability Ratios:
Return on Equity (ROE): The company did not achieve a positive ROE in FY 2024, continuing the trend from FY 2023 and FY 2022. This highlights the ongoing challenge of generating adequate returns for shareholders.
Return on Capital Employed (ROCE): ROCE remained negative at -5.40% in FY 2024, although it improved from the -12.39% in FY 2023. This suggests the need for better capital management.
How to Buy Alok Industries Shares
- Choose a Broker: Select a reliable brokerage platform such as Zerodha, Upstox, Angel One, ICICI Direct, or HDFC Securities that offers access to Alok Industries shares.
- Open a Trading Account: Register for a Demat and trading account with your chosen broker. Popular platforms include Kite (Zerodha), Upstox Pro, and Angel Broking app.
- Complete KYC: Submit the necessary documents for Know Your Customer (KYC) verification, including proof of identity, address, and PAN card.
- Deposit Funds: Transfer the required funds into your trading account to enable the purchase of Alok Industries shares.
- Search for the Company Shares: Locate Alok Industries shares by searching for the company name or ticker symbol (ALOKINDS) on the brokerage platform.
- Place an Order: Choose the number of shares you want to buy and place a market order (for immediate execution at current prices) or a limit order (to set a specific buying price).
- Confirm Purchase: Carefully review the order details and confirm the transaction to successfully purchase Alok Industries shares.
Alok Industries Share Price Target for the Next 5 Years
Alok Industries is expected to experience steady growth in the coming years, supported by market improvements and strategic efforts. Below are the projected share price targets for the next five years:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹24.00 | ₹27.00 |
| 2025 | ₹28.00 | ₹32.00 |
| 2026 | ₹33.00 | ₹37.00 |
| 2027 | ₹38.00 | ₹42.00 |
| 2028 | ₹43.00 | ₹47.00 |
Shareholding Pattern of Alok Industries
Promoters:
- No. of Shares: 3,72,38,45,177
- Percentage: 75.00%
- % Change QoQ: 0.00%
FII (Foreign Institutional Investors):
- No. of Shares: 12,10,63,614
- Percentage: 2.44%
- % Change QoQ: -0.02%
DII (Domestic Institutional Investors):
- No. of Shares: 2,07,15,311
- Percentage: 0.42%
- % Change QoQ: +0.04%
MF (Mutual Funds):
- No. of Shares: 39,86,495
- Percentage: 0.08%
- % Change QoQ: +0.02%
Others:
- No. of Shares: 1,09,96,16,299
- Percentage: 22.14%
- % Change QoQ: -0.02%
Pros and Cons of Alok Industries
Pros:
- Prominent Market Player: Leading presence in the textile sector, with a diversified product range.
- Stable Promoter Holding: High level of promoter ownership ensures better control over company decisions.
- Growth in Institutional Holdings: Increasing presence of domestic and foreign institutional investors.
- Strategic Expansion: Efforts towards improving manufacturing capabilities and market reach.
- Resilient Performance: Strong position in the textile and apparel market despite sector challenges.
Cons:
- Debt Levels: High debt burden could limit financial flexibility and impact profitability.
- Market Competition: Intense competition in the textile sector may pressure margins.
- Dependence on Domestic Market: Heavy reliance on the Indian market may expose the company to domestic economic downturns.
- Vulnerability to Raw Material Costs: Fluctuating raw material prices could affect profitability.
- Regulatory Risks: Subject to regulatory changes in the textile and manufacturing sectors, which could impact business operations.
Peer Competitors of Alok Industries in the Textiles Sector
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| Alok Industries | 21.21 | 10555.97 |
| LS Industries | 117.36 | 9961.74 |
| Ganesha Ecosphere | 2043.55 | 5176.60 |
| Siyaram Silk | 873.15 | 3994.34 |
| AYM Syntex | 248.89 | 1463.05 |
| Raj Rayon Industries | 23.28 | 1287.33 |
| Jaybharat Textiles | 28.00 | 1071.95 |
Challenges and Risks of Investing in Alok Industries
- Economic Sensitivity: Alok Industries is vulnerable to economic downturns that could negatively impact demand for its textile products and overall business performance.
- Fluctuating Raw Material Prices: The textile industry is highly dependent on raw materials, and price fluctuations can affect profit margins and cost control.
- Regulatory Risks: Changes in environmental and trade regulations could increase compliance costs or disrupt operations.
- Debt-Driven Business Model: High levels of debt could pose a risk, especially if the company faces cash flow issues or struggles with debt repayment.
Alok Industries Share Price: Key Factors Driving Growth
- Industry Position: Alok Industries’ strong presence in the textile manufacturing sector positions it to benefit from industry recovery and growth.
- Capacity Expansion: Investments in capacity expansion and modernization of manufacturing processes can drive operational efficiency and product quality.
- Cost Optimization: Efforts to reduce costs through better resource management and supply chain improvements support long-term profitability.
- Global Demand: Increasing demand for textiles in both domestic and international markets provides growth opportunities for Alok Industries.
