Alok Industries share price today

Alok Industries Ltd's share price was ₹8.47 at the close on 5 November 2026. It has been falling for 63 weeks. That is 27.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹7 and ₹17, and at that close it sat 14% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Alok Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 72 weeks running.

Over the last 11 years the share price moved +93% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 8 August 2025. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

3 points on a year earlier.

1. Promoters cut their stake by 3.8 points in one quarter

   From 75% to 71.2% in the September 2026 quarter.

2. Indian funds and insurers (DIIs) cut their stake for 3 quarters in a row

   From 0.5% to 0.3% of the company by the September 2026 quarter.

3. Operating margin up 3.3 points on a year earlier

   3.8% in the September 2026 quarter, from 0.5%.

For July to September 2026 (the quarter ended 30 September 2026), Alok Industries reported revenue of ₹1,078 crore, up 14.6% from ₹941 crore a year earlier, and a loss of ₹208 crore.

Alok Industries results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Alok Industries closed at ₹8.47 on 5 November 2026, down 50.6% from ₹17.13 a year earlier (7 November 2025) and down 63.3% over five years. Its highest weekly close since March 2016 was ₹55.60 on 3 July 2020.

Alok Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: Alok Industries closed at ₹8.47, up 4.7% on the week and down 6.0% on the month. Results for July to September 2026: Revenue up 14.6% on a year earlier.

Alok Industries has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

Not in its latest year. Alok Industries Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

Alok Industries is on one of our India lists: Penny stocks.

Alok Industries Ltd posted a net loss of ₹208 Cr in the Sep 2026 quarter. The full FY26 year was a loss of ₹744 Cr. That loss is 19.3% of the quarter's revenue. The same quarter a year earlier lost ₹162 Cr. 12 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Alok Industries Ltd reported ₹1,078 Cr of revenue in the Sep 2026 quarter, +14.6% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown −11.7% a year on average. The last full year, FY26, came in at ₹3,715 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹3,912 Cr.

FY26 revenue was ₹3,715 Cr, +0.2% on the year before.

Recent pace: the last four quarters grew +5.9% on average, against −11.7% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +6.0%, against −7.9% a year over the last 8 quarters (accelerating).

Alok Industries Ltd's operating margin was 3.8% in the Sep 2026 quarter, 3.3 percentage points higher than the same quarter a year ago. Across 13 years it has been between −245.0% and 23.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +3.4 percentage points on the year while gross margin changed −3.4 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 101% of Alok Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹419 Cr of operating cash against −₹744 Cr of profit. After ₹256 Cr of spending on assets, ₹163 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 101% of profit came in as cash: the cash cycle got 86 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Alok Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 96 days in FY26, up from 10 days in FY21. It spent ₹141 Cr on assets over the last 3 years. Customers take 31 days to pay, and stock sits for 178 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹3,715 Cr, each day of that cycle ties up about ₹10.2 Cr, so roughly ₹977 Cr is tied up in the business at any time.

FY26: customers took 31 days to pay and stock sat for 178 days, about 5.9 months of sales sitting as stock, for a full cycle of 96 days, longer than FY21's 10.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 178 days. Customers pay about 31 days after that. Suppliers are paid at 114 days. Together that makes the 96-day cycle.

Spending on assets: ₹141 Cr over the last 3 years, against ₹886 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹98.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Alok Industries Ltd's P/E is 1.6×, with too little history to compare. Its usual P/E (the middle reading) is 2.2×, over 6 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Alok Industries Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Alok Industries Ltd earned a ROCE of −4% in FY26. That is up from a low of −73% in FY18. Its return on capital used (ROIC) is 15.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a −20.0% net margin and 0.57× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a −20.0% net margin × 0.57× asset turnover × −0.30× leverage (assets divided by equity) ≈ 3.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: −3.9% − 12.0% = −15.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

Alok Industries Ltd's net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from −1.36 in FY22 to −1.21 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Promoters cut their stake in Alok Industries Ltd by 3.8 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 71.2% of the company. Foreign institutions moved −0.6 points over the same period, to 1.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: −3.8 points over 8 quarters, to 71.2%; Foreign institutions: −0.6 points over 8 quarters, to 1.8%; Domestic institutions: −0.1 points over 8 quarters, to 0.3%.

Why the owners changed: promoters drove it (−3.8 points), together with foreign institutions (−0.6 points). They reduced their stake.