Loyal Textile Mills Limited

Textile company producing cotton yarn, fabrics, and garments with multiple manufacturing facilities and high production capacity.

1946 | Tuticorin, Tamil Nadu (India) | Active
Last Updated:

Loyal Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 4.82 Cr
  • Company Age 78 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 840.50 Cr
  • Satisfied Charges ₹ 1,163.43 Cr
  • Revenue Growth 57.49%
  • Profit Growth 231.65%
  • Ebitda 79.60%
  • Net Worth 35.13%
  • Total Assets 29.01%

About Loyal Textile Mills

Loyal Textile Mills Limited (LTML) was founded in India on 09 April 1946 and has a glorious history of 78 years and ten months. Its registered office is in Tuticorin, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514036.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 4.82 Cr.

The company currently has active open charges totaling ₹840.50 Cr. The company has closed loans amounting to ₹1,163.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Loyal Textile Mills Limited India are Vellangiri Arunachalam as Ceo, Swaminathan Muthukrishnan as Company Secretary, and Thenappan as Cfo. Valli Manikam, Krishnamurti Vijayalakshmi, Balasubramanian Vaidyanathan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Tuticorin, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    loyaltextiles.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17111TN1946PLC001361

  • Company No.

    001361

  • Stock Symbol

    BSE : 514036

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Apr 1946

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Loyal Textile Mills Limited offer?

Loyal Textile Mills Limited offers a wide range of products and services, including Fire Fighting & Prevention Products, Fire Safety Wear, Men Shirts, Jeans & Clothing, Men Jackets, Safety Equipment & Systems, Safety Equipment, Yarns & Threads, Industrial Yarn, Polyester Yarn, Dyed Polyester Yarn.

Who are the key members and board of directors at Loyal Textile Mills?

Executive Team (3)

NameDesignationAppointment DateStatus
Vellangiri Arunachalam Country flag representing In CEO30-Mar-2018Current
Swaminathan Muthukrishnan Company Secretary03-Dec-2024Current
Thenappan CFO02-Dec-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Krishnamurti Vijayalakshmi Country flag representing In Director 25-Sep-2017Current
Gokul Dixit Country flag representing In Director 04-Nov-2022Current
Valli Manikam Country flag representing In Director 12-Apr-2018Current
Balasubramanian Vaidyanathan Country flag representing In Director 07-Dec-2017Current
Rajappa Kannan Country flag representing In Director 20-Nov-2020Current
Lakshminarayanan Country flag representing In Director 08-Aug-2022Current

Financial Performance of Loyal Textile Mills.

Loyal Textile Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.49% increase. The company also saw a substantial improvement in profitability, with a 231.65% increase in profit. The company's net worth Soared by an impressive increase of 35.13%.

Loyal Textile Mills revenue growth over time
Loyal Textile Mills profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
57.49%
Revenue from Operations
57.55%
Total Assets
29.01%
Profit or Loss
231.65%
Net Worth
35.13%
EBITDA
79.60%

What is the Ownership and Shareholding Structure of Loyal Textile Mills?

In 2022, Loyal Textile Mills had a promoter holding of 73.50% and a public holding of 26.50%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹840.50 Cr

Satisfied Charges

₹1,163.43 Cr

Charges Breakdown by Lending Institutions

  • Others : 522.00 Cr
  • Hdfc Bank Limited : 125.00 Cr
  • State Bank Of India : 109.00 Cr
  • Idbi Bank Limited : 75.00 Cr
  • Times Bank Limited : 5.20 Cr
  • Others : 4.30 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2024Others₹10.00 CrOpen
20 Apr 2023Idbi Bank Limited₹75.00 CrOpen
28 Dec 2021Hdfc Bank Limited₹125.00 CrOpen
14 Mar 2019Others₹70.00 CrOpen
26 Feb 2007Others₹100.00 CrOpen

How Many Employees Work at Loyal Textile Mills?

Loyal Textile Mills has a workforce of 7084 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Loyal Textile Mills Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Loyal Textile Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Loyal Textile Mills's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Loyal Textile Mills

Recent activity within the organization

  • Director Appointment

    Swaminathan Muthukrishnan was appointed as a Company Secretary was appointed as a Company Secretary on 03 Dec 2024 & has been associated with this company since 2 months 29 days .

  • Director Appointment

    Thenappan was appointed as a Cfo was appointed as a Cfo on 02 Dec 2024 & has been associated with this company since 2 months 30 days .

  • Charges

    A charge registered on 14 Feb 2019 via Charge ID 100243928 with Others was fully satisfied on 21 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100995059 was registered on 18 Oct 2024.

  • Annual General Meeting

    Loyal Textile Mills Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Loyal Textile Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Loyal Textile Mills Limited?

    Loyal Textile Mills Limited was incorporated on 09 Apr 1946.

  • What is authorized share capital and paid-up capital of Loyal Textile Mills Limited?

    The authorized share capital of Loyal Textile Mills Limited is ₹ 15.00 Cr and paid-up capital is ₹ 4.82 Cr.

  • Who are the current board members & directors of Loyal Textile Mills Limited?

    Currently 11 directors are associated with Loyal Textile Mills Limited.

    • Valli Ramaswami Manikam
    • Krishnamurti Rao Vijayalakshmi
    • Balasubramanian Vaidyanathan
    • Gokul Subramanian Dixit
    • Rajappa Kannan
    • Lakshminarayanan
    • Kumaran Kandasamy
    • Muthu Elumalai Manivannan
    • Vellangiri Arunachalam
    • Swaminathan Muthukrishnan
    • Thenappan

  • What is the registered address of Loyal Textile Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Loyal Textile Mills Limited is 21/4 Mill Street, India, Kovilpatti, Tamil Nadu, 628501.

  • What is the corporate identification number (CIN) and company number of Loyal Textile Mills Limited?

    The corporate identification number (CIN) of Loyal Textile Mills Limited is L17111TN1946PLC001361 and the company number is 001361 as per Ministry of Corporate Affairs (MCA).

  • Is Loyal Textile Mills Limited registered with any stock exchange in India?

    Yes, Loyal Textile Mills Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Loyal Textile Mills Limited?

    The Official website of Loyal Textile Mills Limited is https://www.loyaltextiles.com

  • What has been the recent revenue trend for Loyal Textile Mills Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Loyal Textile Mills Limited has risen by 57.49%.

  • How many employees does Loyal Textile Mills Limited currently have?

    As Per 2022 financial reports, 7084 employees are currently employed by Loyal Textile Mills Limited.

  • What change has been observed in the net worth of Loyal Textile Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Loyal Textile Mills Limited has experienced an upsurge of 35.13%.

  • What are the total open charges for Loyal Textile Mills Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Loyal Textile Mills Limited amount to ₹ 840.50 Cr.

  • When was the last Balance Sheet of Loyal Textile Mills Limited filed with the ROC?

    The most recent Balance Sheet for Loyal Textile Mills Limited was filed with the ROC on 31 Mar 2024.

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