Alok Industries Limited (ALOKINDS) — FY26 Annual Report | 29 June 2026(2 announcements)

Alok Industries Limited released its 2025-26 Business Responsibility and Sustainability Report, detailing standalone disclosures for FY2025-26. The report covers governance, stakeholder engagement, environmental impact, social initiatives, and compliance with SEBI BRSR norms. It includes material sustainability risks like climate change and carbon neutrality, with negative financial implications noted. Key disclosures address water usage, waste management, energy intensity, and human rights practices. The Company Secretary signed off on the report, which was independently assured by Virendra G. Bhatt. No financial figures or future guidance were provided in this filing.

Alok Industries Limited's 39th Annual Report for FY 2025-26, filed on June 29, 2026, details standalone revenue of ₹3,525.30 crores and consolidated revenue of ₹3,714.79 crores, with consolidated operating profit at ₹103.00 crores. The company reported consolidated profit after tax of ₹-745.13 crores, reflecting ongoing losses, and declared Nil dividend. The 39th AGM is scheduled for July 24, 2026, via video conferencing. Key governance updates include new CFO Jinendra Kumar Jain (appointed April 30, 2025) and company secretary Anshul Kumar Jain. The report highlights energy conservation initiatives saving ₹25 lakhs at Vapi, foreign exchange earnings of ₹650.42 crores with outflows of ₹240.86 crores, and capital expenditure on conservation. Industry context shows India's apparel market growing at 9% CAGR to US$ 115 billion by 2025-26, driven by domestic demand and FTA advantages. Risks include cotton price volatility, export tariff pressures, and foreign exchange fluctuations. The board comprises 11 directors (43% independent, 14% women), with key appointments and committee structures detailed. The auditor issued an unmodified opinion, noting no material uncertainties, though impairment provisions of ₹7,970.63 crores were recorded for PPE. The company maintains a strong board with experienced independent directors, including Ms. Mumtaz Bandukwala (34 years in securities law) and Shri Rahul Dutt. Shareholding is concentrated with Reliance Industries (40.01%) and JM Financial (34.99%).