Alps Industries Limited - manufacturing in Ghaziabad, Uttar Pradesh, India. FY 2026 financials and compliance.
CIN L51109UP1972PLC003544 Incorporated 11 May 1972 ROC Kanpur HQ Ghaziabad, Uttar Pradesh, India
Under Insolvency Listed - NSE: ALPSINDUS · BSE: 530715 Public Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹1.91 Cr
▼ 89.36% YoY
Computed EBITDA · FY 2024
₹2.67 Cr
▲ 153.85% YoY
Net profit · FY 2024
-₹56.25 Cr
▲ 5.99% YoY
Authorised capital
₹345 Cr
Registered with MCA
Paid-up capital
₹39.11 Cr
Issued & subscribed
Open charges
₹1,710.89 Cr
Satisfied ₹274.34 Cr
Company age
54 yrs
Est. 1972
Employees · EPFO
2
Latest available

About Alps Industries Limited

Data last updated: 30 July 2025

Alps Industries Limited is a public limited company based in Ghaziabad, Uttar Pradesh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 11 May 1972, the company has been in operation for over 54 years.

Registered with ROC Kanpur under CIN L51109UP1972PLC003544. Listed on BSE: 530715 and NSE: ALPSINDUS.

Capital: an authorised share capital of ₹345 Cr and a paid-up capital of ₹39.11 Cr. It is led by directors including Sandeep Agarwal and Pramod Kumar Rajput.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Ghaziabad, Uttar Pradesh.

As per NSE-filed consolidated financials for FY 2024, the company reported a revenue of ₹1.91 Cr, a decline of 89.36% compared to the previous year. Total assets are valued at ₹4.81 Cr (down 31.01% YoY).

The company has a workforce of approximately 2 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Alps Industries. As per MCA filings, the company has open charges of ₹1,710.89 Cr and satisfied charges of ₹274.34 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is alpsindustries.com.

Company Details of Alps Industries Limited
CIN L51109UP1972PLC003544
Registration Number 003544
Incorporation Date 11 May 1972
ROC Kanpur
Listing Status Listed (BSE: 530715, NSE: ALPSINDUS)
Company Status Under CIRP
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Plot No.15 – B G.T. Road Chaudhary Morh, India, Ghaziabad, Uttar Pradesh, India – 201001
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Alps Industries Limited in one report.

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Associated Brands with Alps Industries Limited

Alps Industries Limited operates one associated brand: Alps Industries. These brands represent Alps Industries Limited's diversified market presence and brand portfolio.

Brand Description Website
Yarn, fabrics, home furnishings, dyes, and accessories are manufactured. alpsindustries.com

Competitors & Alternatives of Alps Industries Limited

Brands and companies operating in the same space as Alps Industries Limited include Karighar, Orbit Exports, UberUrban and 6 more.

Competitor Description Location Founded
Karighar Karighar Sells handcrafted lifestyle items, supports artisans, focuses on eco-friendly production. New Delhi, India, India 2018
Orbit Exports Orbit Exports Orbit Exports is recognized as a leading fabric exporter from India. Mumbai, India, India 1983
UberUrban UberUrban Internet first brand offering casual wear for men and women Ahmedabad, India, India 2011
eha eha Online platform offering a wide range of eco-friendly kitchen and garden supplies Bengaluru, India, India 2015
Piotex Piotex Multi-category home textiles are branded and traded by Piotex. Pune, India, India 2012
Cortina India Cortina India Runs a direct-to-consumer brand specializing in high-quality home linen products for kids. Ahmedabad, India, India 2012
Shadesofindia Shadesofindia Provides handcrafted clothing, accessories, and home decor from Indian inspirations. Noida, India, India 1992
Jeyavishnu Clothing Jeyavishnu Clothing Provides dyeing, printing, and supplying of knitted fabrics with sustainable practices. Tiruppur, India, India 2008
Space Textiles Space Textiles Diversified operations in textiles manufacturing, jewelry retail, education, and energy production. Coimbatore, India, India 2006

Business Activity of Alps Industries Limited

Alps Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C2 Textile, leather and other apparel products Locked
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Auditor Details of Alps Industries Limited

Alps Industries Limited is audited by R. K. GOVIL & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
R. K. GOVIL & CO. Locked Locked Locked
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Complete auditor history for Alps Industries Limited

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Board of Directors of Alps Industries Limited

Alps Industries Limited is currently managed by 6 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Sandeep Agarwal Managing Director 01 Jan 1993 33 Years 7 Months As last reported
Pramod Kumar Rajput Director 11 Dec 2009 16 Years 8 Months As last reported
Vikas Lamba Director 13 May 2022 4 Years 3 Months As last reported
Shikha Director 13 May 2022 4 Years 3 Months As last reported
Arun Kumar Pal Director 13 May 2022 4 Years 3 Months As last reported
Arun Kumar Bhatter Director 13 May 2022 4 Years 3 Months As last reported

Financials of Alps Industries Limited FY 2024 filings available

Alps Industries Limited reported revenue of ₹1.91 Cr (down 89.36% YoY) for FY 2024.

Revenue · FY 2024
₹1.91 Cr ▼ 89.36%
Profit · FY 2024
-₹56.25 Cr ▲ 5.99%
Computed EBITDA · FY 2024
₹2.67 Cr ▲ 153.85%
Revenue₹ Cr · Consolidated0200400FY 2020: ₹313 Cr313FY 2020FY 2021: ₹254 Cr · -18.9% YoY254-18.9%FY 2021FY 2022: ₹302 Cr · +19% YoY302+19%FY 2022FY 2023: ₹18 Cr · -94.1% YoY17.9-94.1%FY 2023FY 2024: ₹2 Cr · -89.4% YoY1.9-89.4%FY 2024
Net Profit₹ Cr · Consolidated-150-100-50050FY 2020: ₹113 Cr (loss)-113FY 2020FY 2021: ₹75 Cr (loss) · +33.3% YoY-75.1FY 2021FY 2022: ₹83 Cr (loss) · -10.4% YoY-82.9FY 2022FY 2023: ₹60 Cr (loss) · +27.8% YoY-59.8FY 2023FY 2024: ₹56 Cr (loss) · +6% YoY-56.2FY 2024
Metrics FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹1.91 Cr ₹17.94 Cr ₹302.43 Cr ₹254.1 Cr ₹313.2 Cr
Other Income ₹3.76 Cr ₹2.29 Cr ₹3.9 Cr ₹78.14 Lakh ₹8.74 Cr
Total Income ₹5.67 Cr ₹20.23 Cr ₹306.32 Cr ₹254.88 Cr ₹321.94 Cr
Cost of Materials Consumed ₹1.88 Cr ₹14.09 Cr ₹194.65 Cr ₹150.01 Cr ₹198.8 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹9.17 Cr ₹4.63 Cr ₹1.01 Cr
Employee Benefit Expense ₹30.54 Lakh ₹2.85 Cr ₹43.67 Cr ₹34.04 Cr ₹46.56 Cr
Finance Costs ₹58.92 Cr ₹54.87 Cr ₹60.53 Cr ₹57.6 Cr ₹57.53 Cr
Depreciation & Amortisation ₹0 ₹0 ₹5.03 Cr ₹8.08 Cr ₹14.87 Cr
Other Expenses ₹81.21 Lakh ₹8.25 Cr ₹69.54 Cr ₹84.45 Cr ₹124.81 Cr
Total Expenses ₹61.92 Cr ₹80.06 Cr ₹382.59 Cr ₹338.81 Cr ₹443.57 Cr
Profit Before Exceptional Items & Tax -₹56.25 Cr -₹59.83 Cr -₹76.26 Cr -₹83.92 Cr -₹121.63 Cr
Exceptional Items ₹0 ₹0 -₹6.63 Cr ₹8.95 Cr ₹9.96 Cr
Profit Before Tax -₹56.25 Cr -₹59.83 Cr -₹82.9 Cr -₹74.97 Cr -₹111.67 Cr
Total Tax Expense ₹0 ₹0 ₹2.42 Lakh ₹11.74 Lakh ₹85.43 Lakh
Net Profit -₹56.25 Cr -₹59.83 Cr -₹82.92 Cr -₹75.09 Cr -₹112.53 Cr
  attributable to Owners -₹56.24 Cr -₹59.83 Cr -₹82.9 Cr -₹74.93 Cr -₹112.24 Cr
  attributable to NCI -₹22,000 -₹32,000 -₹1.47 Lakh -₹16.01 Lakh -₹28.76 Lakh
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income -₹56.25 Cr -₹59.83 Cr -₹82.92 Cr -₹75.09 Cr -₹112.53 Cr
EBITDA (computed) ₹2.67 Cr -₹4.96 Cr -₹10.71 Cr -₹18.24 Cr -₹49.23 Cr
Basic EPS ₹-14.38 ₹-15.30 ₹-21.20 ₹-19.20 ₹-28.77
Diluted EPS ₹-14.38 ₹-15.30 ₹-21.20 ₹-19.20 ₹-28.77
Metrics FY 2024 FY 2023
Total Assets ₹4.81 Cr ₹6.97 Cr
Non-current Assets ₹3.51 Cr ₹3.57 Cr
Current Assets ₹1.29 Cr ₹3.4 Cr
Property, Plant & Equipment ₹2.23 Cr ₹2.23 Cr
Inventories ₹0 ₹0
Trade Receivables ₹0 ₹37.03 Lakh
Cash & Equivalents ₹1.35 Lakh ₹13.66 Lakh
Equity (Net Worth) -₹829.78 Cr -₹773.53 Cr
Equity Share Capital ₹39.11 Cr ₹39.11 Cr
Borrowings (Non-current) ₹473.86 Cr ₹456.93 Cr
Borrowings (Current) ₹354.47 Cr ₹312.49 Cr
Total Debt (computed) ₹828.33 Cr ₹769.42 Cr
Current Liabilities ₹360.7 Cr ₹323.54 Cr
Total Liabilities ₹834.59 Cr ₹780.5 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹41.8 Cr ₹38.09 Cr -₹58.63 Cr
Investing Cash Flow ₹2.37 Lakh ₹31.7 Lakh ₹102.11 Cr
Financing Cash Flow -₹41.95 Cr -₹38.6 Cr -₹43.97 Cr
Capital Expenditure ₹0 ₹0 ₹36.31 Lakh
Free Cash Flow (computed) ₹41.8 Cr ₹38.09 Cr -₹58.99 Cr
Dividends Paid ₹0 ₹0 ₹0
Net Change in Cash -₹12.31 Lakh -₹19.42 Lakh -₹48.17 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹1.91 Cr ₹17.94 Cr ₹302.43 Cr ₹254.1 Cr ₹313.2 Cr
Other Income ₹3.76 Cr ₹2.29 Cr ₹3.89 Cr ₹1.14 Cr ₹8.74 Cr
Total Income ₹5.67 Cr ₹20.23 Cr ₹306.32 Cr ₹255.24 Cr ₹321.94 Cr
Cost of Materials Consumed ₹1.88 Cr ₹14.09 Cr ₹194.65 Cr ₹150.01 Cr ₹198.8 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹9.17 Cr ₹4.63 Cr ₹1.01 Cr
Employee Benefit Expense ₹30.54 Lakh ₹2.85 Cr ₹43.67 Cr ₹34.04 Cr ₹46.56 Cr
Finance Costs ₹58.92 Cr ₹54.87 Cr ₹60.53 Cr ₹57.6 Cr ₹57.53 Cr
Depreciation & Amortisation ₹0 ₹0 ₹4.99 Cr ₹8.03 Cr ₹14.82 Cr
Other Expenses ₹80.49 Lakh ₹8.85 Cr ₹71.37 Cr ₹84.44 Cr ₹128.28 Cr
Total Expenses ₹61.91 Cr ₹80.66 Cr ₹384.38 Cr ₹338.75 Cr ₹446.99 Cr
Profit Before Exceptional Items & Tax -₹56.24 Cr -₹60.43 Cr -₹78.06 Cr -₹83.51 Cr -₹125.05 Cr
Exceptional Items ₹0 ₹0 -₹6.63 Cr ₹8.95 Cr ₹9.96 Cr
Profit Before Tax -₹56.24 Cr -₹60.43 Cr -₹84.69 Cr -₹74.56 Cr -₹115.1 Cr
Total Tax Expense ₹0 ₹0 ₹2.42 Lakh ₹4,000 ₹0
Net Profit -₹56.24 Cr -₹60.43 Cr -₹84.72 Cr -₹74.56 Cr -₹115.1 Cr
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income -₹56.24 Cr -₹60.43 Cr -₹84.72 Cr -₹74.56 Cr -₹115.1 Cr
EBITDA (computed) ₹2.68 Cr -₹5.57 Cr -₹12.55 Cr -₹17.87 Cr -₹52.7 Cr
Basic EPS ₹-14.38 ₹-15.45 ₹-21.66 ₹-19.06 ₹-29.43
Diluted EPS ₹-14.38 ₹-15.45 ₹-21.66 ₹-19.06 ₹-29.43
Metrics FY 2024 FY 2023
Total Assets ₹4.87 Cr ₹7.03 Cr
Non-current Assets ₹3.51 Cr ₹3.57 Cr
Current Assets ₹1.36 Cr ₹3.46 Cr
Property, Plant & Equipment ₹2.23 Cr ₹2.23 Cr
Inventories ₹0 ₹0
Trade Receivables ₹0 ₹37.03 Lakh
Cash & Equivalents ₹1.07 Lakh ₹12.67 Lakh
Equity (Net Worth) -₹829.65 Cr -₹773.41 Cr
Equity Share Capital ₹39.11 Cr ₹39.11 Cr
Borrowings (Non-current) ₹473.86 Cr ₹456.93 Cr
Borrowings (Current) ₹354.47 Cr ₹312.49 Cr
Total Debt (computed) ₹828.33 Cr ₹769.42 Cr
Current Liabilities ₹360.63 Cr ₹323.47 Cr
Total Liabilities ₹834.52 Cr ₹780.43 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹41.81 Cr ₹38.12 Cr -₹58.1 Cr
Investing Cash Flow ₹2.37 Lakh ₹31.7 Lakh ₹102.11 Cr
Financing Cash Flow -₹41.95 Cr -₹38.6 Cr -₹43.97 Cr
Capital Expenditure ₹0 ₹0 ₹36.31 Lakh
Free Cash Flow (computed) ₹41.81 Cr ₹38.12 Cr -₹58.46 Cr
Dividends Paid ₹0 ₹0 ₹0
Net Change in Cash -₹11.6 Lakh -₹16.14 Lakh ₹4.03 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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Ownership and Shareholding of Alps Industries Limited

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Group Structure of Alps Industries Limited

Alps Industries Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Alps Industries Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Alps Energy Private Limited U40109DL2007PTC169994 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Alps Industries Limited

Open charges
₹1,710.89 Cr
Satisfied charges
₹274.34 Cr
Breakdown by lending institutions
Edelweiss Asset Reconstruction Company Limited₹1,370.50 Cr
Others₹324.70 Cr
3I Infotech Trusteeship Services Limited₹8.00 Cr
Kotak Mahindra Bank Limited₹5.00 Cr
Hdfc Bank Limited₹2.69 Cr
Latest charge details
DateLenderAmountStatus
28 Mar 2012 Hdfc Bank Limited ₹2.69 Cr Open
20 Sep 2010 Others ₹1.45 Cr Open
29 Sep 2009 Edelweiss Asset Reconstruction Company Limited ₹274.5 Cr Open
29 Sep 2009 Edelweiss Asset Reconstruction Company Limited ₹3.6 Cr Open
14 Sep 2009 Edelweiss Asset Reconstruction Company Limited ₹5.29 Cr Open

Total charge records: 71 View all charges

Employees and EPFO Compliance at Alps Industries Limited

Alps Industries Limited has a workforce of 2 employees as of Apr 05, 2024.

Employee count
2
Active EPFO establishments
10
Employee growth
-99.49%
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Employee and EPFO history for Alps Industries Limited

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GST Compliance of Alps Industries Limited

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Credit Ratings, Litigation & Regulatory Alerts for Alps Industries Limited

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MSME Payment Delays by Alps Industries Limited

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MSME payment history for Alps Industries Limited

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Subsidiaries & Group Companies of Alps Industries Limited

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MCA Filings & Documents of Alps Industries Limited

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Recent Activity on Alps Industries Limited

Activity
30 Sep 2024
Alps Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Alps Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Directors
17 Aug 2023
Jamil Ahmed Khan was appointed as a CFO on 17 Aug 2023 & has been associated with this company since 2 years 11 months.
Directors
13 May 2022
Vikas Lamba was appointed as a Director on 13 May 2022 & has been associated with this company since 4 years 3 months.
Directors
13 May 2022
Shikha was appointed as a Director on 13 May 2022 & has been associated with this company since 4 years 3 months.
Directors
13 May 2022
Arun Kumar Pal was appointed as a Director on 13 May 2022 & has been associated with this company since 4 years 3 months.

Frequently Asked Questions about Alps Industries Limited

Alps Industries Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Alps Industries Limited is a company under insolvency, formerly operating as a public limited company in the manufacturing sector based in Ghaziabad, Uttar Pradesh, India. It was incorporated on 11 May 1972 and is registered under CIN L51109UP1972PLC003544. Listed on BSE: 530715 and NSE: ALPSINDUS. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Alps Industries Limited reported revenue of ₹1.91 Cr for FY 2024 (down 89.36% YoY) based on consolidated NSE filings.

The current directors of Alps Industries Limited are:

The CIN (Corporate Identification Number) of Alps Industries Limited is L51109UP1972PLC003544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Alps Industries Limited is listed on both BSE (code: 530715) and NSE (symbol: ALPSINDUS).

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