Integrated Filing — IndAS

General information about company
Scrip Code	521070
NSE Symbol	ALOKINDS
MSEI Symbol	NOTLISTED
ISIN	INE270A01029
Name of company	ALOK INDUSTRIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	21-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Textile
Start date and time of board meeting	21-Apr-2025   12:15:00
End date and time of board meeting	21-Apr-2025   16:05:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	9529600000	37087800000
	Other income	851400000	1110700000
	Total income	10381000000	38198500000
2	Expenses
(a)	Cost of materials consumed	4779900000	18784000000
(b)	Purchases of stock-in-trade	8600000	18600000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	73100000	1007300000
(d)	Employee benefit expense	1299900000	4973500000
(e)	Finance costs	1557300000	6281700000
(f)	Depreciation, depletion and amortisation expense	746300000	2981000000
(f)	Other Expenses
1	Power & Fuel	1916100000	7121200000
2	Other expenses	1682200000	6077100000
	Total other expenses	3598300000	13198300000
	Total expenses	12063400000	47244400000
3	Total profit before exceptional items and tax	-1682400000	-9045900000
4	Exceptional items	941400000	941400000
5	Total profit before tax	-741000000	-8104500000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	1400000	50200000
9	Total tax expenses	1400000	50200000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-742400000	-8154700000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	-2300000	-9600000
16	Total profit (loss) for period	-744700000	-8164300000
17	Other comprehensive income net of taxes	74900000	-378200000
18	Total Comprehensive Income for the period	-669800000	-8542500000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-744700000	-8164300000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	74900000	-378200000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	4965300000	4965300000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		-211266500000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.15	-1.64
	Diluted earnings (loss) per share from continuing operations	0	0
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	-0.15	-1.64
	Diluted earnings (loss) per share from continuing and discontinued operations	0	0
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		3 The above financial results for the quarter and year ended March 31 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on April 21 2025 and have been subjected to a review by the statutory auditors n n4 a On July 12 2024 certain spinning plants of the Company located at Silvassa was struck with tornado causing damage to certain assets of the Company Basis preliminary assessment management has assessed loss of Rs 61 42 crore due to above and recorded a loss relating to property plant and equipment as per WDV and inventories under the head exceptional items The Company is of the view that it has adequately covered its assets by insurance policy and the surveyors assessment is in progress Company has already received on account payment of Rs 55 crore from the Insurance company Since there is certainty on recovery of loss from insurance company the Company has recorded the entire amount of loss as insurance claim receivables under the head exceptional items n b During the quarter and year ended March 31 2025 the Company has sold certain Investment properties, Leasehold land and building situated at Mumbai Pawne and Mahape resulted into a gain of Rs 94 14 crore n n5 Alok Industries Limited the Holding Company underwent a corporate insolvency resolution process under section 31 of the Insolvency and Bankruptcy Code 2016 A resolution plan was approved by the Honble National Company Law Tribunal Ahmedabad Bench Approved Resolution Plan vide its order dated March 8 2019 and the implementation of the Approved Resolution Plan was concluded in the earlier year with the reconstitution of the Board of Directors of the Holding Company on September 14 2020 n n6 The Holding Company incurred a loss before tax of Rs 67 75 crore for the quarter and Rs 768 81 crore for the year ended March 31 2025 and has accumulated losses of Rs 22 868 40 crore as on that date its current assets exceeds its current liabilities by Rs. 350 70 crore and it has earned EBITDA of Rs 157 98 crore for the quarter and Rs 136 69 crore for the year ended March 31 2025 The market condition is improving and considering the cash flow projection of the Holding Company the financial results have been prepared on a going concern basis n n7 The Group operates in a single primary business segment namely Textiles which constitutes a reportable segment in the context of Ind AS 108 on Operating Segments n n8 As per Clause 1 2 xi of Approved Resolution Plan the outstanding debt amounting to Rs 17 384 02 crore assigned to Resolution Applicants shall not carry interest for the first 8 years from the Closing Date as defined in the Approved Resolution Plan hence such debt has been measured at cost After such period of 8 years the terms of assigned debt shall be mutually agreed among the Resolution Applicants and the Company The Approved Resolution Plan has an overriding effect on the requirements of Ind AS as per legal view obtained by the Company in this regard Hence had the Company applied the Ind AS it would have recognised the assigned debt at its fair value and accordingly recognized the imputed interest cost over the period of loan in the statement of profit and loss n n9 Figures for the quarter ended March 31 2025 and March 31 2024 are the balancing figures between audited figures in respect of the full financial years ended on those dates and the published reviewed year to date figures up to the third quarter of the respective financial year

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	45596700000
	Capital work-in-progress	350100000
	Investment property	1946000000
	Goodwill	0
	Other intangible assets	52100000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	500000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	58900000
	Total non-current financial assets	59400000
	Deferred tax assets (net)	43400000
	Other non-current assets	3280200000
	Total non-current assets	51327900000
2	Current assets
	Inventories	8663300000
	Current financial asset
	Current investments	0
	Trade receivables, current	4395200000
	Cash and cash equivalents	246300000
	Bank balance other than cash and cash equivalents	468800000
	Loans, current	0
	Other current financial assets	121400000
	Total current financial assets	5231700000
	Current tax assets (net)	0
	Other current assets	1103300000
	Total current assets	14998300000
3	Non-current assets classified as held for sale	972500000
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	67298700000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	4965300000
	Other equity	-211266500000
	Total equity attributable to owners of parent	-206301200000
	Non controlling interest	0
	Total equity	-206301200000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	244078200000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	244078200000
	Provisions, non-current	411100000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	244489300000
	Current liabilities
	Current financial liabilities
	Borrowings, current	15524300000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	384200000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	3725900000
	Total Trade payable	4110100000
	Other current financial liabilities	7498100000
	Total current financial liabilities	27132500000
	Other current liabilities	1939100000
	Provisions, current	39000000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	29110600000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	273599900000
	Total equity and liabilites	67298700000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block

Textual Information(1)

3 The above financial results for the quarter and year ended March 31 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on April 21 2025 and have been subjected to a review by the statutory auditors n n4 a On July 12 2024 certain spinning plants of the Company located at Silvassa was struck with tornado causing damage to certain assets of the Company Basis preliminary assessment management has assessed loss of Rs 61 42 crore due to above and recorded a loss relating to property plant and equipment as per WDV and inventories under the head exceptional items The Company is of the view that it has adequately covered its assets by insurance policy and the surveyors assessment is in progress Company has already received on account payment of Rs 55 crore from the Insurance company Since there is certainty on recovery of loss from insurance company the Company has recorded the entire amount of loss as insurance claim receivables under the head exceptional items n b During the quarter and year ended March 31 2025 the Company has sold certain Investment properties, Leasehold land and building situated at Mumbai Pawne and Mahape resulted into a gain of Rs 94 14 crore n n5 Alok Industries Limited the Holding Company underwent a corporate insolvency resolution process under section 31 of the Insolvency and Bankruptcy Code 2016 A resolution plan was approved by the Honble National Company Law Tribunal Ahmedabad Bench Approved Resolution Plan vide its order dated March 8 2019 and the implementation of the Approved Resolution Plan was concluded in the earlier year with the reconstitution of the Board of Directors of the Holding Company on September 14 2020 n n6 The Holding Company incurred a loss before tax of Rs 67 75 crore for the quarter and Rs 768 81 crore for the year ended March 31 2025 and has accumulated losses of Rs 22 868 40 crore as on that date its current assets exceeds its current liabilities by Rs. 350 70 crore and it has earned EBITDA of Rs 157 98 crore for the quarter and Rs 136 69 crore for the year ended March 31 2025 The market condition is improving and considering the cash flow projection of the Holding Company the financial results have been prepared on a going concern basis n n7 The Group operates in a single primary business segment namely Textiles which constitutes a reportable segment in the context of Ind AS 108 on Operating Segments n n8 As per Clause 1 2 xi of Approved Resolution Plan the outstanding debt amounting to Rs 17 384 02 crore assigned to Resolution Applicants shall not carry interest for the first 8 years from the Closing Date as defined in the Approved Resolution Plan hence such debt has been measured at cost After such period of 8 years the terms of assigned debt shall be mutually agreed among the Resolution Applicants and the Company The Approved Resolution Plan has an overriding effect on the requirements of Ind AS as per legal view obtained by the Company in this regard Hence had the Company applied the Ind AS it would have recognised the assigned debt at its fair value and accordingly recognized the imputed interest cost over the period of loan in the statement of profit and loss n n9 Figures for the quarter ended March 31 2025 and March 31 2024 are the balancing figures between audited figures in respect of the full financial years ended on those dates and the published reviewed year to date figures up to the third quarter of the respective financial year

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements gains /(losses) on defined benefit plans	11200000	7900000
	Total Amount of items that will not be reclassified to profit and loss	11200000	7900000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
1	Exchange differences on translating the financial statements of a foreign operation	63700000	-386100000
	Total Amount of items that will be reclassified to profit and loss	63700000	-386100000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	74900000	-378200000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-8104500000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			6281700000
	Adjustments for decrease (increase) in inventories			731500000
	Adjustments for decrease (increase) in trade receivables, current			-292000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			1377800000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			41900000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-279600000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			2981000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			601400000
	Adjustments for provisions, current			5100000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			9900000
	Adjustments for dividend income			0
	Adjustments for interest income			70500000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-1036100000
	Other adjustments to reconcile profit (loss)			-9600000
	Other adjustments for non-cash items			-805000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			9537500000
	Net cash flows from (used in) operations			1433000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			270900000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1162100000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			1312600000
	Purchase of property, plant and equipment			793700000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			65700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			2171300000
	Net cash flows from (used in) investing activities	2755900000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			500000000
	Repayments of borrowings			992200000
	Payments of lease liabilities			50600000
	Dividends paid			0
	Interest paid			2934000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-3476800000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			441200000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-386100000
	Net increase (decrease) in cash and cash equivalents			55100000
	Cash and cash equivalents cash flow statement at beginning of period			191200000
	Cash and cash equivalents cash flow statement at end of period			246300000