Loyal Textile Mills Ltd

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NSEBSE

617.35-5.40 (-0.87%)

03:40 PM,22nd Feb 2024

632.554.50 (0.72%)

04:01 PM,22nd Feb 2024

BSE : 514036

NSE : LOYALTEX

Sector : Industrials

ISIN Code : INE970D01010

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Last Updated: Feb 22 2024 | 04:01 PM IST

Market Cap (₹ Cr)

297

Turnover (₹ Cr)

0.01

Volume (Shares)

1536

Face Value

10

52-WK High

774.90

52-WK High Date

13 Dec 2023

52-WK Low

529.80

52-WK Low Date

29 Mar 2023

All Time High

1095.00

All Time High Date

11 Aug 2022

All Time Low

529.80

All Time Low Date

29 Mar 2023

Loyal Textile Mills Ltd

Loyal Textile Mills the Tamilnadu based company was incorporated in 1946 and has it's plant at Kovilpatti. It manufactures cotton yarn fabric hosiery cloth caps etc. It exports yarn and cloth to the US Russia Germany Spain Switzerland UK Portugal and other countries. Loyal Textiles was the first to introduce tandem carding in the early seventies and the earliest to introduce air splicing and automatic cone winding technology which allows sophisticated electronic controls to detect and mend defects in yarn automatically. Presently it has manufacturing plants at Kovilpatti Sattur Cuddalore Sivagangai in Tamilnadu Khammam in Telangana and Nellore in Andhra Pradesh.The company undertook modernisation of it's facility. In 1987 the company has embarked upon an expansion-cum-modernisation project and set up 100 air-jet looms for weaving polyester-blended suitings. The looms were supplied by Loyal Machine Works a subsidiary. Again in 1998-99 it increased the installed capacity of ring spindles rotors and automatic looms to 53492 nos 3768 nos and 285 nos respectively. The company has spent Rs.17.33 cr Rs.5.39 cr and Rs.13.37 cro on modernisation and replacement of machinery during 1998-99 99-2000 and 2000-01 respectively.The company had set up an Joint Venture company in Italy in the name of M/s Gruppo P&P Loyal Spa. In the year 2000-01 the company has increased it's stake in the JV company to 47.50 %. Apart from this the company has also entered into a JV agreement with M/s Dimco SA Greece for formation of a JV company in Greece for marketing of Garments during 2000-01. For replacement of machinery/modernisation and installing power plant the company has spent about Rs. 3358.44 lakhs.During the year 2004 four windmills were installed for generation of power. Huge expenditure was incurred on repairs of old machines and renovation of buildings. The Company added 8 Windmills during 2006; bought two wind mill during 2007; installed 4 more windmills in 2008. During the year 2013 direct transmission cables were laid to Kovilpatti Unit in October and to CTM Unit during February. A 3.3 MW Solar Power Plant was commissioned at Sattur Unit during 2014-15. Loyal International Sourcing Pvt Limited was incorporated as wholly owned subsidiary company of the Company which commenced operations in 2015. Besides a Joint Venture was established in Portugal for fashion garments.

Loyal Textile Mills Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

297

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

0.99

Face Value (₹) 10
Latest Dividend (%)100.00
Latest Dividend Date 14 Sep 2022
Dividend Yield (%) -
Book Value Share (₹) [S]622.51
P/B Ratio (₹) [S]0.99
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

611.60

633.95

Week Low/High

611.60

659.00

Month Low/High

611.60

729.00

Year Low/High

529.80

775.00

All time Low/High

17.00

1095.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-4.14%-4.85%1.541.40%
1 Month-5.68%-6.65%2.432.99%
3 Month1.03%1.04%10.8112.14%
6 Month-2.81%-3.90%12.1714.54%
1 Year-2.02%-2.99%22.4526.56%
3 Year31.28%%47.0751.39%

Company Info

Company Information

Independent Director : M Madavan Nambiar

Chairperson & Whole Time Direc : Valli M Ramaswami

Non Executive Director : B Vaidyanathan

Company Sec. & Compli. Officer : P Mahadevan

Independent Director : Vijayalakshmi Rao

Executive Director : Vishala Ramswami

Independent Director : RAJU KANNAN

Whole-time Director : M.E.Manivannan

Independent Director : GOKUL SUBRAMANIAN DIXIT

Independent Director : Lakshminarayanan

Registered Office: 21/4 Mill Street, ,Kovilpatti,Tamil Nadu-628501 Ph: 91-4632-220001

Email:investors@loyaltextiles.com

URL:http://www.loyaltextiles.com