Home / Knowledge / News / Textiles / Alok to generate higher ROC in near future
Alok to generate higher ROC in near future
Mar '11
Alok Industries plans to increase the proportion of polyester vis-à-vis cotton to 50:50 in the next two years from the current 25:75, to generate a higher return on capital (ROC) yield, says a top official.

Alok Industries Ltd., the Rs 43.11 billion turnover (2009-10) vertically integrated Mumbai-based textiles company, is now in the final stages of capacity expansion phase, which had begun six years ago.

In all the company has invested Rs 70 billion capex across all its textile verticals beginning from home textiles to clothing. Against the industry average of 3-5 percent, Alok has spent around 12 percent of its revenue to service the debt every quarter.

Mr Sunil Khandelwal – Chief Financial Officer (CFO), however, is very optimistic about the future. He says, “Our operations will generate higher revenues in the next 2-3 years. At present too, we are comfortably positioned.

“As far as the ROC is concerned, its about 13-14 percent as of now and we are targeting to reach 20 percent in next two years, which will be possible mainly due to full output from the existing change in product mix, by shifting to a higher proportion of polyester where ROI is very high”.

Informing about the capex investments, he said, “The capex is more or less complete now and from now onwards, only a small balance sheet will be there. The impact will be felt on; our operations, which will be maximised; debt will start coming down and finally our interest rates would start coming up as an input”.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search