Balance Sheet Alok Industries Limited

Equities

ALOKINDS

INE270A01029

Textiles & Leather Goods

End-of-day quote NSE India S.E. Other stock markets 13/09/2024			5-day change	1st Jan Change
26.36 ^INR	+1.19%		-3.05%	+23.47%

07-17	Alok Industries Limited Receives A Corrigendum to the Order Dated July 10, 2024 from the Superintendent of CGST & Central Excise, Range II, Division VIII, Daman Commissionerate	CI
07-16	Alok Industries Limited Reports Earnings Results for the First Quarter Ended June 30, 2024	CI

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Published financial data: ALOK INDUSTRIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	33.29B	38.48B	73.1B	69.37B	55.1B
Total Revenues	33.29B	38.48B	73.1B	69.37B	55.1B
Cost of Goods Sold, Total	21.47B	22.08B	49.21B	51.21B	37.79B
Gross Profit	11.82B	16.39B	23.88B	18.17B	17.31B
Selling General & Admin Expenses, Total	3.26B	3.72B	4.65B	5.08B	4.94B
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	5.42B	2.95B	3.42B	3.65B	3.25B
Other Operating Expenses	9.7B	9.75B	13.57B	13.83B	11.81B
Other Operating Expenses, Total	18.38B	16.43B	21.64B	22.56B	20B
Operating Income	-6.56B	-34.6M	2.24B	-4.4B	-2.69B
Interest Expense, Total	-945M	-4.89B	-4.76B	-5.01B	-5.96B
Interest And Investment Income	113M	92.6M	36.4M	25.3M	72.3M
Net Interest Expenses	-832M	-4.8B	-4.73B	-4.99B	-5.89B
Income (Loss) On Equity Invest.	-9.9M	-10.4M	-9.8M	-9.7M	-9.6M
Currency Exchange Gains (Loss)	-5.5M	53M	278M	270M	37.6M
Other Non Operating Income (Expenses)	63.5M	94.6M	110M	81M	46.3M
EBT, Excl. Unusual Items	-7.34B	-4.7B	-2.1B	-9.04B	-8.5B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-86.9M	-935M	-	19.5M	9.6M
Gain (Loss) On Sale Of Assets	8.9M	10.7M	10.1M	222M	-3.5M
Asset Writedown	-28.7M	-89.15B	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	20.53B	50.23B	-	-	-
EBT, Incl. Unusual Items	13.08B	-44.54B	-2.09B	-8.8B	-8.5B
Income Tax Expense	-23.1M	12.19B	-8.2M	5.1M	-29.2M
Earnings From Continuing Operations	13.1B	-56.73B	-2.09B	-8.8B	-8.47B
Net Income to Company	13.1B	-56.73B	-2.09B	-8.8B	-8.47B
Net Income - (IS)	13.1B	-56.73B	-2.09B	-8.8B	-8.47B
Net Income to Common Incl Extra Items	13.1B	-56.73B	-2.09B	-8.8B	-8.47B
Net Income to Common Excl. Extra Items	13.1B	-56.73B	-2.09B	-8.8B	-8.47B
Per Share Items
Net EPS - Basic	9.05	-15.19	-0.42	-1.77	-1.71
Basic EPS - Continuing Operations	9.05	-15.19	-0.42	-1.77	-1.71
Basic Weighted Average Shares Outstanding	1.45B	3.74B	4.97B	4.97B	4.97B
Net EPS - Diluted	3.32	-15.19	-0.42	-1.77	-1.71
Diluted EPS - Continuing Operations	3.32	-15.19	-0.42	-1.77	-1.71
Diluted Weighted Average Shares Outstanding	3.95B	3.74B	4.97B	4.97B	4.97B
Normalized Basic EPS	-3.17	-0.79	-0.26	-1.14	-1.07
Normalized Diluted EPS	-1.16	-0.79	-0.26	-1.14	-1.07
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-1.14B	2.91B	5.66B	-771M	510M
EBITA	-6.56B	-28.4M	2.24B	-4.4B	-2.69B
EBIT	-6.56B	-34.6M	2.24B	-4.4B	-2.69B
EBITDAR	-944M	3.07B	5.82B	-610M	672M
Total Revenues (As Reported)	33.68B	38.74B	73.54B	70.02B	55.33B
Effective Tax Rate - (Ratio)	-0.18	-27.37	0.39	-0.06	0.34
Total Current Taxes	-	-52.5M	-200K	5.1M	-2M
Total Deferred Taxes	-23.1M	12.24B	-8M	-	-39M
Normalized Net Income	-4.59B	-2.94B	-1.32B	-5.65B	-5.31B
Interest on Long-Term Debt	-	4.87B	4.69B	4.59B	4.92B
Non-Cash Pension Expense	22.1M	12.9M	12.3M	16.2M	15.4M
Supplemental Operating Expense Items
Advertising Expense	100K	-	-	-	-
Selling and Marketing Expenses	100K	-	-	-	-
General and Administrative Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	195M	159M	157M	161M	162M
Imputed Operating Lease Interest Expense	5.38M	23.18M	24.69M	26.64M	30.81M
Imputed Operating Lease Depreciation	189M	135M	133M	134M	131M
Maintenance & Repair Expenses, Total	219M	255M	373M	346M	249M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.02B	1.94B	170M	139M	191M
Short Term Investments	3B	-	-	-	-
Total Cash And Short Term Investments	4.02B	1.94B	170M	139M	191M
Accounts Receivable, Total	2.42B	3.5B	5.18B	3.46B	4.65B
Other Receivables	430M	694M	569M	139M	315M
Notes Receivable	15.3M	-	-	-	-
Total Receivables	2.86B	4.19B	5.75B	3.6B	4.96B
Inventory	4.2B	9.64B	12.84B	10.39B	9.42B
Prepaid Expenses	187M	182M	194M	183M	178M
Other Current Assets, Total	3.07B	2.53B	3.7B	3.77B	3.17B
Total Current Assets	14.35B	18.48B	22.66B	18.08B	17.92B
Gross Property Plant And Equipment	173B	175B	93.86B	94.24B	94.33B
Accumulated Depreciation	-31.28B	-117B	-37.6B	-40.9B	-44.05B
Net Property Plant And Equipment	142B	58.53B	56.27B	53.34B	50.28B
Long-term Investments	946M	500K	500K	500K	500K
Goodwill	-	-	-	-	-
Other Intangibles, Total	7.2M	1.6M	1.4M	6M	62M
Loans Receivable Long-Term	206M	202M	-	-	-
Deferred Tax Assets Long-Term	12.29B	50.7M	61.2M	67.5M	96.7M
Other Long-Term Assets, Total	9.51B	3.17B	3.29B	3.12B	5.71B
Total Assets	179B	80.43B	82.28B	74.61B	74.07B
Liabilities
Accounts Payable, Total	4.64B	10.95B	13.26B	16.25B	4.89B
Accrued Expenses, Total	712M	951M	1.18B	2.48B	2.62B
Short-term Borrowings	7.83B	11.52B	15.65B	17.09B	16.01B
Current Portion of Long-Term Debt	2.9B	2.56B	3.41B	6.12B	13.5M
Current Portion of Leases	-	-	-	42.5M	46.5M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	1.73B	1.74B	1.84B	1.97B	1.92B
Other Current Liabilities	955M	1.28B	1.23B	175M	1.86B
Total Current Liabilities	18.77B	29.01B	36.58B	44.13B	27.35B
Long-Term Debt	283B	228B	224B	218B	244B
Long-Term Leases	-	-	-	71.3M	24.8M
Unearned Revenue Non Current	-	-	-	-	-
Pension & Other Post Retirement Benefits	206M	207M	235M	208M	224M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	138M	129M	186M	902M	171M
Total Liabilities	302B	257B	261B	264B	272B
Common Stock, Total	2.21B	4.97B	4.97B	4.97B	4.97B
Additional Paid In Capital	11.6B	11.6B	11.6B	11.6B	11.6B
Retained Earnings	-155B	-212B	-214B	-223B	-231B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	18.53B	19.02B	18.48B	17.35B	17.07B
Total Common Equity	-123B	-177B	-179B	-189B	-198B
Total Equity	-123B	-177B	-179B	-189B	-198B
Total Liabilities And Equity	179B	80.43B	82.28B	74.61B	74.07B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.21B	4.97B	4.97B	4.97B	4.97B
ECS Total Common Shares Outstanding	2.21B	4.97B	4.97B	4.97B	4.97B
Book Value / Share	-55.68	-35.56	-36.07	-38.07	-39.83
Tangible Book Value	-123B	-177B	-179B	-189B	-198B
Tangible Book Value Per Share	-55.68	-35.56	-36.07	-38.07	-39.84
Total Debt	294B	242B	243B	242B	260B
Net Debt	290B	240B	243B	241B	260B
Debt Equivalent of Unfunded Proj. Benefit Obligation	296M	207M	235M	208M	224M
Debt Equivalent Oper. Leases	1.56B	1.27B	1.26B	1.29B	1.3B
Equity Method Investments, Total	945M	-	-	-	-
Account Code - Inventory Valuation	6	3	3	3	3
Inventories - Raw Materials, Total	713M	2.54B	2.69B	2.56B	2.5B
Inventories - Work In Process, Total	1.66B	3.75B	5.19B	3.86B	1.07B
Inventories - Finished Goods, Total	1.56B	2.86B	4.19B	3.29B	5.1B
Inventories - Others	272M	497M	772M	683M	737M
Land - (BS)	46.64B	46.28B	18.92B	19.16B	19.16B
Buildings, Total	32.77B	32.8B	16.38B	16.31B	16.32B
Machinery, Total	93.65B	95.8B	58.33B	58.32B	58.38B
Full Time Employees	16.7K	13.29K	14.8K	22.7K	22.24K
Accumulated Allowance for Doubtful Accounts (Supple)	1.25B	1.86B	2.23B	2.4B	2.48B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	13.1B	-56.73B	-2.09B	-8.8B	-8.47B
Depreciation & Amortization - CF	5.42B	2.94B	3.42B	3.65B	3.24B
Amortization of Goodwill and Intangible Assets - (CF)	-	6.2M	-	-	-
Depreciation & Amortization, Total	5.42B	2.95B	3.42B	3.65B	3.24B
Amortization of Deferred Charges, Total - (CF)	1.3M	800K	300K	800K	2.4M
(Gain) Loss From Sale Of Asset	-9M	-10.7M	-10.1M	-222M	3.5M
(Gain) Loss on Sale of Investments - (CF)	86.9M	935M	-	-	-9.6M
Asset Writedown & Restructuring Costs	28.7M	89.15B	-	-	-
(Income) Loss On Equity Investments - (CF)	9.9M	10.4M	9.8M	9.7M	9.6M
Provision and Write-off of Bad Debts	317M	1.37B	142M	247M	44.7M
Other Operating Activities, Total	-20.19B	-32.92B	4.14B	4.85B	5.79B
Change In Accounts Receivable	-157M	-1.09B	-1.73B	1.37B	-1.23B
Change In Inventories	3.4M	-5.44B	-3.2B	2.45B	975M
Change In Accounts Payable	-	6.37B	2.38B	2.99B	-11.37B
Change in Other Net Operating Assets	-1.22B	-1.15B	-1.21B	1.59B	-600M
Cash from Operations	-2.61B	3.45B	1.85B	8.13B	-11.61B
Capital Expenditure	-44.4M	-2.27B	-1.07B	-442M	-362M
Sale of Property, Plant, and Equipment	600K	900K	1.6M	285M	71.1M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-2.59B	239M	385M	30.9M	-1.41B
Cash from Investing	-2.64B	-2.03B	-684M	-126M	-1.7B
Short Term Debt Issued, Total	-	792M	1.56B	1.13B	-
Long-Term Debt Issued, Total	52.32B	289M	-	-	34.61B
Total Debt Issued	52.32B	1.08B	1.56B	1.13B	34.61B
Short Term Debt Repaid, Total	-	-	-	-	-1.08B
Long-Term Debt Repaid, Total	-50.38B	-113M	-18.2M	-3.42B	-48.11B
Total Debt Repaid	-50.38B	-113M	-18.2M	-3.42B	-49.19B
Issuance of Common Stock	2.5B	-	-	-	-
Issuance of Preferred Stock	2.5B	-	-	-	33B
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-950M	-4.41B	-4.47B	-4.58B	-4.78B
Cash from Financing	5.99B	-3.45B	-2.93B	-6.87B	13.64B
Foreign Exchange Rate Adjustments	-	-	-	-1.17B	-282M
Miscellaneous Cash Flow Adjustments	-	100K	-	-	-
Net Change in Cash	745M	-2.03B	-1.77B	-30.9M	52.6M
Supplemental Items
Cash Interest Paid	-	4.41B	4.47B	4.58B	4.78B
Cash Income Tax Paid (Refund)	15.8M	39.8M	58.9M	61.4M	42.1M
Levered Free Cash Flow	-64.13B	-1.78B	-2.59B	5.72B	-11.91B
Unlevered Free Cash Flow	-63.54B	1.28B	391M	8.85B	-8.18B
Change In Net Working Capital	64.82B	-619M	3.36B	-8.39B	9.39B
Net Debt Issued / Repaid	1.94B	969M	1.54B	-2.29B	-14.58B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	-2.28	-0.02	1.72	-3.5	-2.26
Return on Total Capital	-2.95	-0.02	2.16	-4.7	-2.92
Return On Equity %	-9.73	37.87	1.17	4.78	4.38
Return on Common Equity	-9.73	37.87	1.17	4.78	4.38
Margin Analysis
Gross Profit Margin %	35.51	42.6	32.67	26.19	31.42
SG&A Margin	9.78	9.67	6.36	7.32	8.96
EBITDA Margin %	-3.42	7.57	7.75	-1.11	0.93
EBITA Margin %	-19.69	-0.07	3.07	-6.34	-4.88
EBIT Margin %	-19.69	-0.09	3.07	-6.34	-4.88
Income From Continuing Operations Margin %	39.36	-147.45	-2.85	-12.69	-15.37
Net Income Margin %	39.36	-147.45	-2.85	-12.69	-15.37
Net Avail. For Common Margin %	39.36	-147.45	-2.85	-12.69	-15.37
Normalized Net Income Margin	-13.78	-7.63	-1.8	-8.15	-9.65
Levered Free Cash Flow Margin	-192.66	-4.63	-3.54	8.24	-21.62
Unlevered Free Cash Flow Margin	-190.88	3.32	0.54	12.76	-14.85
Asset Turnover
Asset Turnover	0.19	0.29	0.9	0.88	0.74
Fixed Assets Turnover