Loyal Textile Mills Limited logo

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:

July 05, 2024
HomeCompanyLoyal Textile Mills Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Ganapathi Krishnamurthy InCFO23-Aug-2017Current
Vellangiri Arunachalam InCEO30-Mar-2018Current
Mahadevan P InCompany Secretary20-Jun-2018Current

Board Members(10)

NameDesignationAppointment DateStatus
Krishnamurti Vijayalakshmi In Director 25-Sep-2017Current
Gokul Dixit In Director 04-Nov-2022Current
Valli Manikam In Director 11-Feb-2015Current
Balasubramanian Vaidyanathan In Director 07-Dec-2017Current
Rajappa Kannan In Director 20-Nov-2020Current
Lakshminarayanan In Director 08-Aug-2022Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹860.50 Cr

₹1,133.43 Cr

LenderAmountStatus

Idbi Bank Limited

Creation Date: 20 Apr 2023
₹75.00 CrOpen

Hdfc Bank Limited

Creation Date: 28 Dec 2021
₹125.00 CrOpen

Others

Creation Date: 14 Mar 2019
₹70.00 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.

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Latest Updates, News, and FAQs on Loyal Textile Mills

Recent activity within the organization

  • Annual General Meeting

    Loyal Textile Mills Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Charges

    A charge registered on 21 Dec 2016 via Charge ID 100066664 with Idbi Bank Limited was fully satisfied on 20 Jul 2023.

    20 Jul 2023

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 75.00 Cr with Charge ID 100704808 was registered on 20 Apr 2023.

    20 Apr 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 125.00 Cr registered on 28 Dec 2021 with Charge ID 100522280 was modified on 12 Apr 2023.

    12 Apr 2023

  • Charges

    A charge with Others of Rs. 70.00 Cr registered on 14 Mar 2019 with Charge ID 100247309 was modified on 12 Apr 2023.

    12 Apr 2023

  • Balance Sheet

    Loyal Textile Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Loyal Textile Mills Limited was incorporated on 09 Apr 1946.

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

  • Currently 13 directors are associated with Loyal Textile Mills Limited.

    • Valli Ramaswami Manikam
    • Krishnamurti Rao Vijayalakshmi
    • Balasubramanian Vaidyanathan
    • Gokul Subramanian Dixit
    • Rajappa Kannan
    • Lakshminarayanan
    • Kumaran Kandasamy
    • Maniedath Madhavan Nambiar
    • Muthu Elumalai Manivannan
    • Vishala Ramswami
    • Ganapathi Krishnamurthy
    • Vellangiri Arunachalam
    • Mahadevan P
  • As per Ministry of Corporate Affairs (Mca), the registered address of Loyal Textile Mills Limited is 21/4 Mill Street, Kovilpatti, Tamil Nadu, India, 628501.

  • 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).

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

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

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

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

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Loyal Textile Mills Limited amount to ₹ 860.50 Cr.

  • The most recent Balance Sheet for Loyal Textile Mills Limited was filed with the ROC on 31 Mar 2023.

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