Loyal Textile Mills Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 4.82 Cr
- Company Age 78 Year, 9 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 nine 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
- 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vellangiri Arunachalam  | CEO | 30-Mar-2018 | Current |
| Swaminathan Muthukrishnan | Company Secretary | 03-Dec-2024 | Current |
| Thenappan | CFO | 02-Dec-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Krishnamurti Vijayalakshmi | Director | 25-Sep-2017 | Current |
| Gokul Dixit | Director | 04-Nov-2022 | Current |
| Valli Manikam | Director | 12-Apr-2018 | Current |
| Balasubramanian Vaidyanathan | Director | 07-Dec-2017 | Current |
| Rajappa Kannan | Director | 20-Nov-2020 | Current |
| Lakshminarayanan | Director | 08-Aug-2022 | Current |
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%.
- Key Matrics
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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.
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Charges (Loans)
₹840.50 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2024 | Others | ₹10.00 Cr | Open |
| 20 Apr 2023 | Idbi Bank Limited | ₹75.00 Cr | Open |
| 28 Dec 2021 | Hdfc Bank Limited | ₹125.00 Cr | Open |
| 14 Mar 2019 | Others | ₹70.00 Cr | Open |
| 26 Feb 2007 | Others | ₹100.00 Cr | Open |
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.
Deals i
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
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
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.
