# Alok Industries share price today (Alok Industries Ltd, NSE: ALOKINDS) > Alok Industries share price today: ₹8.17 at the NSE close on 3 November 2026, down 53.1% in a year. Alok Industries (NSE: ALOKINDS) is worth ₹4,057 crore, trades at a P/E of 1.6 and has closed between ₹7.06 and ₹17.32 over the past 52 weeks. > Alok Industries Ltd's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. ALOKINDS · Textiles - Weaving · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/alok-industries-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: ₹8.17 (−53.1% in a year) - P/E: 1.6×, too little history to compare yet - Revenue (Sep 2026): ₹1,078 Cr (+14.6% on a year ago) - Profit (Sep 2026): −₹208 Cr - Operating margin: 3.8% (+3.3 points on a year ago) - ROCE: −4%, FY26 - ROIC: −3.9%, against a 12.0% cost of capital: −15.9 points - Profit that came in as cash: 101%, last 3 years The main question: promoters moved −3.8 percentage points over 8 quarters while the business went the other way. ## What is the Alok Industries share price today? Alok Industries Ltd's share price was ₹8.17 at the close on 3 November 2026. It has been falling for 63 weeks. That is 31.0% 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 11% of the way up from that low. 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 +86% 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. ## What changed at Alok Industries this quarter? 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%. ## What are Alok Industries' latest quarterly results? 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 | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹1,078 crore | ₹941 crore | +14.6% | | Profit | loss of ₹208 crore | loss of ₹162 crore | n/a | | Earnings per share | ₹−0.42 | ₹−0.33 | n/a | | Operating margin | 3.8% | 0.5% | +3.3 points | 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.) ## What is the Alok Industries share price history? Alok Industries closed at ₹8.17 on 3 November 2026, down 53.1% from ₹17.42 a year earlier (31 October 2025) and down 64.6% over five years. Its highest weekly close since March 2016 was ₹55.60 on 3 July 2020. ### Alok Industries share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹8.10 | +0.9% | | 1 month ago · 1 Oct 2026 | ₹7.06 | +15.7% | | 6 months ago · 30 Apr 2026 | ₹13.82 | −40.9% | | 1 year ago · 31 Oct 2025 | ₹17.42 | −53.1% | | 3 years ago · 3 Nov 2023 | ₹17.74 | −53.9% | | 5 years ago · 4 Nov 2021 | ₹23.05 | −64.6% | | 10 years ago · 4 Nov 2016 | ₹3.22 | +153.7% | | Earliest weekly close in our records · 11 Mar 2016 | ₹4.40 | +85.7% | | Highest weekly close since March 2016 · 3 Jul 2020 | ₹55.60 | −85.3% | | Lowest weekly close since March 2016 · 4 Oct 2019 | ₹1.50 | +444.7% | | 52-week high (weekly close) · 14 Nov 2025 | ₹17.32 | −52.8% | | 52-week low (weekly close) · 18 Sep 2026 | ₹7.06 | +15.7% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on Alok Industries? 3 Nov 2026: Alok Industries closed at ₹8.17, up 0.9% on the week and up 15.7% on the month. Results for July to September 2026: Revenue up 14.6% on a year earlier. ## What dividend does Alok Industries pay? 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 4 November 2026.) ## Which stock lists is Alok Industries on? Alok Industries is on one of our India lists: Penny stocks. [Penny stocks](https://www.sectoralpha.in/penny-stocks-india) ## Is Alok Industries profitable? 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. ## How much revenue does Alok Industries make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Alok Industries keep? 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. 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. ## Is Alok Industries' profit turning into cash? 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. 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. ## Where does Alok Industries' cash go? 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. 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. ## What is Alok Industries' P/E ratio, and how does it compare with its own history? 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. 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. ## Is the Alok Industries business getting better or worse? 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. 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. ## How much does Alok Industries earn on its capital? 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. 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. ## Does Alok Industries have too much debt? 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. ## What is the Alok Industries shareholding pattern? 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. 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. ## How far is Alok Industries from balance-sheet trouble? For Alok Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Alok Industries rank in its industry? 31.5 out of 100, rank 4 of 5 in Textiles - Weaving, with 71% of the evidence available. Alok Industries Ltd scores 31.5 out of 100 against the 5 companies it is compared with in Textiles - Weaving, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 15.8 + 1.6 + 10 + 4.1 = 31.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Alok Industries compared with? Alok Industries ranks 4 of 5 Textiles - Weaving companies on the 4-Factor Sector Score, with 31.5 out of 100. 1. [Orbit Exports Ltd](https://www.sectoralpha.in/stocks/orbit-exports-ltd) ORBTEXP · leader · Most evidence points up · 97% evidence 73.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue 15.2% · Profit 28.2% · Operating margin change 5 points · 100% evidence Capital efficiency 16.6/25 · ROCE 14.7% · Operating margin 25% · 100% evidence Valuation 14.7/20 · P/E 13.3× · PEG 0.25 · 85% evidence Relative strength 20.0/20 · Lead over its industry 51.5% · Lead over NIFTY 500 31.7% · 1 year 15% · 100% evidence · 11 of 12 weeks ahead Exact sum: 21.9 + 16.6 + 14.7 + 20 = 73.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Borana Weaves Ltd](https://www.sectoralpha.in/stocks/borana-weaves-ltd) BORANA · quiet · Evidence leans up · 76% evidence 54.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.0/35 · Revenue 32.4% · Profit 64.3% · Operating margin change 5 points · 88% evidence Capital efficiency 22.4/25 · ROCE 32.5% · Operating margin 26% · 100% evidence Valuation 10.0/20 · P/E 8× · PEG n/a · 0% evidence Relative strength 0.0/20 · Lead over its industry -20.7% · Lead over NIFTY 500 -31.1% · 1 year -8.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22 + 22.4 + 10 + 0 = 54.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Siyaram Silk Mills Ltd](https://www.sectoralpha.in/stocks/siyaram-silk-mills-ltd) SIYSIL · quiet · Evidence leans down · 97% evidence 47.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.0/35 · Revenue 13.9% · Profit 7.7% · Operating margin change -1 points · 100% evidence Capital efficiency 15.6/25 · ROCE 18.8% · Operating margin 14% · 100% evidence Valuation 17.5/20 · P/E 9× · PEG 0.42 · 85% evidence Relative strength 2.7/20 · Lead over its industry -7.5% · Lead over NIFTY 500 -19.9% · 1 year -40.6% · 100% evidence · 1 of 12 weeks ahead Exact sum: 12 + 15.6 + 17.5 + 2.7 = 47.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. Alok Industries Ltd this page ALOKINDS · basing · Most evidence points down · 71% evidence 31.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.8/35 · Revenue 6% · Profit -11.2% · Operating margin change 3.3 points · 74% evidence Capital efficiency 1.6/25 · ROCE -4% · Operating margin 3.8% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 4.1/20 · Lead over its industry -23.5% · Lead over NIFTY 500 -34% · 1 year -53.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.8 + 1.6 + 10 + 4.1 = 31.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [LS Industries Ltd](https://www.sectoralpha.in/stocks/ls-industries-ltd) LSIND · Too little evidence to rank firmly · 41% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/43.75 · Revenue 100% · Profit -59.3% · Operating margin change 1171.4 points · 62% evidence Capital efficiency 6.8/31.25 · ROCE -1.5% · Operating margin -33.9% · 76% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.8 + 6.8 + 12.5 = 52.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Textiles - Weaving](https://www.sectoralpha.in/sectors/textiles-weaving), all 5 compared on one page. ## Which companies are close to Alok Industries in size? Alok Industries is the largest of 5 Textiles - Weaving companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: LS Industries, Siyaram Silk Mills, Orbit Exports and Borana Weaves. ### Textiles - Weaving companies close in size 1. Alok Industries Ltd ₹4,012 crore 2. [LS Industries Ltd](https://www.sectoralpha.in/stocks/ls-industries-ltd) ₹2,743 crore 3. [Siyaram Silk Mills Ltd](https://www.sectoralpha.in/stocks/siyaram-silk-mills-ltd) ₹2,028 crore 4. [Orbit Exports Ltd](https://www.sectoralpha.in/stocks/orbit-exports-ltd) ₹658 crore 5. [Borana Weaves Ltd](https://www.sectoralpha.in/stocks/borana-weaves-ltd) ₹549 crore [All 5 Textiles - Weaving companies, largest first](https://www.sectoralpha.in/sectors/textiles-weaving#all-companies) ### Companies close in size in other industries 1. [Thomas Cook (India) Ltd](https://www.sectoralpha.in/stocks/thomas-cook-indialtd) ₹4,023 crore · E-Commerce - Platform - Travel 2. [Hawkins Cookers Ltd](https://www.sectoralpha.in/stocks/hawkins-cookers-ltd) ₹4,017 crore · Domestic Appliances 3. Alok Industries Ltd ₹4,012 crore 4. [Purple Style Labs Ltd](https://www.sectoralpha.in/stocks/purple-style-labs-ltd) ₹4,011 crore 5. [Shoppers Stop Ltd](https://www.sectoralpha.in/stocks/shoppers-stop-ltd) ₹4,008 crore · Retail - Departmental Stores ## What else do people ask about Alok Industries? ### What is Alok Industries's share price today? Alok Industries Ltd's share price is ₹8.17, −53.1% over the past year. The whole company is worth ₹4,057 Cr on the market. In the last 52 weeks it traded between ₹7 to ₹17; today it is 11% of the way up from the low, 31.0% below its 200-day average (as of 3 November 2026). ### What were Alok Industries's latest quarterly results? Alok Industries Ltd reported revenue of ₹1,078 Cr and a net loss of ₹208 Cr for the Sep 2026 quarter. Earnings per share were −₹0.42. The operating margin was 3.8%, 3.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is Alok Industries's market cap? Alok Industries Ltd's market capitalisation is ₹4,057 Cr at a share price of ₹8.17. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Alok Industries performing? Alok Industries Ltd's share price has been falling for 63 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 72 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Alok Industries's share price go up? This page does not forecast Alok Industries Ltd's share price. What it shows instead: the share price is ₹8.17, and it has been falling for 63 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Who owns Alok Industries? Promoters own 71.2% of Alok Industries Ltd, foreign institutions 1.8%, domestic institutions 0.3% and the public 26.7% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 3.8 percentage points over 8 quarters (as of 3 November 2026). ### Does Alok Industries have too much debt? No, Alok Industries Ltd has little debt: its debt is −1.21× its equity, and its operating profit is 0 times its interest bill. FY26 borrowings were ₹26,106 Cr against equity of −₹21,527 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Is Alok Industries's profit real cash? Yes, over the last 3 years, 101% of Alok Industries Ltd's reported profit came in as cash from operations. The latest year was lower at -56%, so the trend is worth watching. In FY26, operating cash was ₹419 Cr against reported profit of −₹744 Cr. Most of that cash then goes into a mix of the daily operating cycle and new capacity. These are yearly figures (as of 3 November 2026). ### Where is Alok Industries in its business cycle? Alok Industries Ltd's FY26 operating margin was 0.8%, against a 13-year range of −245.0% to 23.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 3.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Alok Industries story? The main question: promoters moved −3.8 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Alok Industries a stock worth studying right now? What the numbers show: Alok Industries Ltd's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - Penny stocks: https://www.sectoralpha.in/penny-stocks-india This is research, not advice. We’re not SEBI-registered.