Loyal Textile

Who are the top shareholders of the Loyal Textile?

The top shareholders of Loyal Textile are Madurai Tara Traders Private Limited with 16.13%, followed by public shareholder Mohan Gupta at 2.8%. Individual investors own a combined 20.83%, with no holdings from mutual funds or foreign institutional investors.

The top shareholders of Loyal Textile include Madurai Tara Traders Private Limited, which holds the largest stake at 16.13%. The highest public shareholder is Mohan Gupta, with a holding of 2.8%. Additionally, individual investors collectively own 20.83% of the company. There are currently no holdings from mutual funds or foreign institutional investors.

What does Loyal Textile do?

Loyal Textile Mills Ltd, established in 1946 and based in Tamil Nadu, manufactures and exports cotton yarn, fabric, hosiery cloth, and caps. As of March 2025, it reported net sales of ₹146 Cr and a net profit of ₹39 Cr, with a market cap of ₹146 Cr.

Overview: <BR>Loyal Textile Mills Ltd is a micro-cap company in the Garments & Apparels industry that manufactures cotton yarn, fabric, hosiery cloth, and caps, and exports these products internationally.<BR><BR>History: <BR>Loyal Textile Mills was incorporated in 1946 and is based in Tamil Nadu. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 146 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 39 Cr (Quarterly Results - Mar 2025) <BR>Market-cap: Rs 146 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 0.00% <BR>Price to Book: 0.53<BR><BR>Contact Details: <BR>Address: 21/4 Mill Street, Kovilpatti, Tamil Nadu: 628501 <BR>Tel: 91-4632-220001 <BR>Email: investors@loyaltextiles.com <BR>Website: http://www.loyaltextiles.com

Has Loyal Textile declared dividend?

Loyal Textile Mills Ltd has declared a 100% dividend (₹10 per share) with an ex-date of September 14, 2022. However, the company has experienced significant price declines over various periods, resulting in a total return of -44.49% over one year and no dividend yield.

Loyal Textile Mills Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 10<BR>- Ex-date: 14 Sep 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -8.02%, the dividend return was 0%, resulting in a total return of -8.02%.<BR><BR>In the 1-year period, the price return was -44.49%, the dividend return was 0%, leading to a total return of -44.49%.<BR><BR>Over 2 years, the price return was -54.1%, with a dividend return of 0%, resulting in a total return of -54.1%.<BR><BR>For the 3-year period, the price return was 0%, the dividend return was 0%, and the total return was 0.0%.<BR><BR>In the 4-year period, the price return was 0%, the dividend return was 0%, yielding a total return of 0.0%.<BR><BR>Over the 5-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Loyal Textile Mills Ltd has declared a dividend, the total returns over various periods indicate significant declines in price returns, with no dividends contributing to returns in the longer term. The lack of dividend yield suggests that the dividend declared has not positively impacted the overall financial performance in recent periods.

Who are the peers of the Loyal Textile?

Loyal Textile's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Salona Cotspin, Bhandari Hosiery, Pion. Embroider., and Omnitex Industri. In terms of performance, Loyal Textile has a 1-year return of -44.03%, lower than its peers, with varying management risks and growth rates among them.

Peers: The peers of Loyal Textile are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Salona Cotspin, Bhandari Hosiery, Pion. Embroider., Omnitex Industri.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent and Salona Cotspin, and Average management risk is noted at Trident and Omnitex Industri. Below Average management risk is present at Bhandari Hosiery and Pion. Embroider. In terms of Growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Trent and Salona Cotspin, and Average growth is found at Omnitex Industri. Below Average growth is observed at Page Industries, Vedant Fashions, Trident, Bhandari Hosiery, Pion. Embroider., and Loyal Textile. For Capital Structure, Excellent capital structure is present at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Below Average capital structure is noted at Trent, Salona Cotspin, Bhandari Hosiery, Pion. Embroider., Omnitex Industri, and Loyal Textile.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is Vedant Fashions at -24.65%. Loyal Textile's 1-year return is -44.03%, which is lower than both of these peers. Additionally, the peers with negative six-month returns include Vedant Fashions, Trident, Bhandari Hosiery, Pion. Embroider., and Loyal Textile.

Is Loyal Textile overvalued or undervalued?

As of May 30, 2023, Loyal Textile's valuation has shifted from very attractive to risky due to troubling financial ratios, including a PE ratio of -1.36 and an EV to EBITDA of -7.12, indicating it is overvalued compared to peers like K P R Mill Ltd and Trident, and has underperformed with a year-to-date return of -15.75%.

As of 30 May 2023, the valuation grade for Loyal Textile has moved from very attractive to risky, indicating a significant shift in its financial health and market perception. The company is currently deemed overvalued, primarily due to its troubling financial ratios, including a PE ratio of -1.36, an EV to EBITDA of -7.12, and a ROE of -39.71%. These figures suggest that the company is not generating sufficient earnings relative to its valuation, raising concerns about its sustainability.<BR><BR>In comparison to its peers, Loyal Textile's financial metrics starkly contrast with those of K P R Mill Ltd, which has a PE ratio of 47.51, and Trident, with a PE ratio of 42.6. This highlights the significant disparity in valuation and performance within the industry. Additionally, Loyal Textile's recent stock performance has been poor, with a year-to-date return of -15.75%, compared to a 5.62% gain in the Sensex, further reinforcing the notion that the stock is overvalued in its current state.

What is the technical trend for Loyal Textile?

As of April 17, 2025, Loyal Textile's technical trend is mildly bearish, influenced by a bearish weekly RSI and daily moving averages, despite some bullish indicators on the weekly charts.

As of 17 April 2025, the technical trend for Loyal Textile has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals across time frames. The weekly RSI is bearish, suggesting downward momentum, but the monthly RSI shows no signal. Bollinger Bands indicate a bullish stance on the weekly chart but are mildly bearish on the monthly. Daily moving averages are mildly bearish, reinforcing the short-term negative outlook. The KST shows a mildly bullish trend on the weekly but is bearish monthly, while the OBV is mildly bullish across both time frames. Overall, the current technical stance is mildly bearish, driven primarily by the bearish weekly RSI and daily moving averages, despite some bullish indicators on the weekly charts.

Who are in the management team of Loyal Textile?

As of March 2022, the management team of Loyal Textile includes R Poornalingam (Director), Valli M Ramaswami (Chairperson & Whole Time Director), M.E. Manivannan (Whole-time Director), and several independent directors, ensuring diverse governance and management.

As of March 2022, the management team of Loyal Textile includes the following individuals:<BR><BR>1. R Poornalingam - Director<BR>2. M Madavan Nambiar - Independent Director<BR>3. Valli M Ramaswami - Chairperson & Whole Time Director<BR>4. B Vaidyanathan - Director<BR>5. P Mahadevan - Company Secretary & Compliance Officer<BR>6. Bendoor Tarachand Bangera - Independent Director<BR>7. Vijayalakshmi Rao - Independent Director<BR>8. Vishala Ramswami - Executive Director<BR>9. RAJU KANNAN - Independent Director<BR>10. M.E. Manivannan - Whole-time Director<BR>11. M Madhavan Nambiar - Director<BR>12. GOKUL SUBRAMANIAN DIXIT - Independent Director<BR><BR>This diverse team encompasses various roles, including directors and independent directors, contributing to the governance and management of the company.

How big is Loyal Textile?

As of 24th July, Loyal Textile Mills Ltd has a market capitalization of 173.00 Cr, with net sales of 682.15 Cr and a net loss of 51.24 Cr over the latest four quarters. The balance sheet for March 2024 shows shareholder's funds of 321.10 Cr and total assets of 1,114.13 Cr.

As of 24th July, Loyal Textile Mills Ltd has a market capitalization of 173.00 Cr, which classifies it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported net sales of 682.15 Cr. However, it experienced a loss of 51.24 Cr in net profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, showing shareholder's funds of 321.10 Cr and total assets amounting to 1,114.13 Cr.

How has been the historical performance of Loyal Textile?

Loyal Textile has experienced a significant decline in financial performance, with net sales dropping from 1,767.43 crore in March 2022 to 682.15 crore in March 2025, resulting in negative operating profit and worsening profitability metrics. Despite improved cash flow from operations, the company faced liquidity challenges, ending with no cash and cash equivalents.

Answer:<BR>The historical performance of Loyal Textile has shown significant fluctuations over the years, particularly in net sales and profitability. In March 2025, net sales dropped to 682.15 crore from 939.19 crore in March 2024 and 1,402.89 crore in March 2023, reflecting a downward trend from 1,767.43 crore in March 2022. Total operating income followed a similar pattern, decreasing to 682.15 crore in March 2025 from 939.19 crore in March 2024. The company's total expenditure also decreased to 760.07 crore in March 2025, down from 981.74 crore in March 2024, but the operating profit (PBDIT) turned negative at -69.62 crore in March 2025 compared to a positive 29.53 crore in March 2024. This decline in profitability is mirrored in the profit before tax, which fell to -87.40 crore in March 2025 from -61.11 crore in March 2024, and profit after tax, which was -59.08 crore in March 2025 compared to -44.70 crore in March 2024. The earnings per share (EPS) also reflected this downturn, showing -106.31 in March 2025 versus -81.95 in March 2024. On the balance sheet, total assets decreased to 810.25 crore in March 2025 from 1,114.20 crore in March 2024, while total liabilities also fell to 810.25 crore in March 2025 from 1,114.20 crore in March 2024. Cash flow from operating activities improved to 147.00 crore in March 2025 from 106.00 crore in March 2024, but cash and cash equivalents dropped to 0.00 crore by March 2025.<BR><BR>Breakdown:<BR>Loyal Textile's financial performance has experienced a notable decline in recent years, particularly in net sales, which fell from 1,767.43 crore in March 2022 to 682.15 crore in March 2025. This decline in revenue has led to a significant drop in operating profit, which turned negative in March 2025 at -69.62 crore, down from a positive figure of 29.53 crore in March 2024. The company's profitability metrics, including profit before tax and profit after tax, also worsened, with figures of -87.40 crore and -59.08 crore respectively in March 2025. The balance sheet reflects a decrease in total assets to 810.25 crore in March 2025, alongside a corresponding reduction in total liabilities. Despite a positive cash flow from operating activities of 147.00 crore in March 2025, the company ended the period with no cash and cash equivalents, indicating liquidity challenges. Overall, Loyal Textile's financial trajectory shows a concerning trend of declining sales and profitability, alongside significant shifts in asset and liability management.

When is the next results date for Loyal Textile Mills Ltd?

The next results date for Loyal Textile Mills Ltd is 11 February 2026.

The next results date for Loyal Textile Mills Ltd is scheduled for 11 February 2026.

Are Loyal Textile Mills Ltd latest results good or bad?

Loyal Textile Mills Ltd's latest results are poor, reporting a consolidated net loss of ₹12.21 crores for Q3 FY26 and a 32.10% decline in revenue year-on-year. Despite a slight improvement in operating margin, the company continues to face significant challenges, including high raw material costs and low demand.

Loyal Textile Mills Ltd's latest results indicate a challenging financial situation. The company reported a consolidated net loss of ₹12.21 crores for Q3 FY26, which, while representing a smaller loss compared to the previous quarter, still reflects ongoing struggles. Revenue for the quarter was ₹105.38 crores, marking a significant year-on-year decline of 32.10%, which is concerning as it indicates a substantial drop in sales.<BR><BR>On a slightly positive note, the operating margin improved from -4.05% in the previous quarter to -1.86%, suggesting some success in cost management. However, the overall financial performance remains weak, with persistent losses and a lack of institutional investor interest, as indicated by zero holdings from foreign institutional investors and mutual funds.<BR><BR>The company faces structural challenges in a competitive market, with elevated raw material costs and subdued demand impacting its operations. Given these factors, the results can be characterized as poor, highlighting the need for significant improvements to return to profitability.

Should I buy, sell or hold Loyal Textile Mills Ltd?

Why is Loyal Textile Mills Ltd falling/rising?

As of 16-Mar, the stock price of Loyal Textile Mills Ltd is currently at 205.95, reflecting a decline of 1.2%. The stock has consistently underperformed the benchmark Sensex and its sector, with significant drops over various time frames, indicating a bearish trend and low investor interest.

As of 16-Mar, the stock price of Loyal Textile Mills Ltd is falling, currently at 205.95, reflecting a decrease of 2.5 (-1.2%). This decline is part of a broader trend, as the stock has underperformed the benchmark Sensex, which has also seen a decline of 2.66% over the past week. Over the past month, Loyal Textile has dropped by 13.21%, significantly more than the Sensex's 9.34% decline.<BR><BR>The stock's performance has been consistently negative over various time frames, including a year-to-date drop of 4.65% compared to the Sensex's 11.40% decline, and a staggering 67.73% fall over the past three years, while the Sensex has gained 31.00%. Additionally, the stock has underperformed its sector by a substantial 98.65% today.<BR><BR>Trading activity has also been erratic, with the stock not trading on 2 out of the last 20 days, indicating a lack of consistent investor interest. Furthermore, Loyal Textile is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. <BR><BR>Despite a rise in delivery volume by 37.73% on March 13, the overall liquidity remains low, with the stock being liquid enough for trades of Rs 0 crore based on 2% of the 5-day average traded value. This combination of factors contributes to the ongoing decline in the stock price of Loyal Textile Mills Ltd.

Which are the latest news on Loyal Textile?