Textiles

Loyal Textile Mills Ltd

₹00.1265

LOYALTEX

Company Overview

Loyal Textile Mills Limited is an India-based company engaged in the manufacturing of yarn, woven fabric, knitted fabric, and technical clothing. The Company operates through two segments: manufacturing and trading activities. Incorporated in 1946, LTM is the flagship company of the Loyal group. It boasts one of the oldest integrated textile mills in South India, equipped with facilities for the production of cotton yarn, knitted & woven fabrics, and garments.

Financial Performance and Market Position

Loyal Textile Mills Ltd has faced financial challenges in recent periods. As of the latest available data (14-Jul-2025), the company has a market capitalization of ₹163 Crore.

For FY 2024-25, on a consolidated basis, Loyal Textile Mills Ltd reported a profit of ₹39.35 crore on a total income of ₹209.72 crore for the quarter ended March 2025. However, for the year ended March 2024, the company posted a net loss of ₹-39.50 crore on a total income of ₹939.19 crore. The company has an operating revenue of ₹737.19 Cr on a trailing 12-month basis. Due to these losses, no dividend was recommended by the board for FY 2024-25.

The company's recent quarterly performance shows a significant decline, with Loyal Textile Mills Ltd's net profit falling by -1101.83% compared to the same period last year, reporting ₹-26.20 Cr in Q3 FY2024-2025.

Key Financial Metrics

- Market Capitalization: ₹163 Cr (as of 14-Jul-2025)

- Promoter Holding: 73.5% (as of Mar 2025)

- FY2023-24 Performance: Total Income ₹939.19 Cr, Net Loss ₹-39.50 Cr

- Q3 FY2024-25 Performance: Total Income ₹209.72 Cr, Net Profit ₹39.35 Cr (Consolidated)

- Q3 FY2024-25 Net Profit (YoY change): -1101.83% to ₹-26.20 Cr

Business Operations and Products

The company has established itself as a comprehensive textile manufacturer with diverse product offerings. Its products include yarn, fabrics, garments, home textiles, organic products, PPE kits, and face masks. The yarn product range encompasses raw white, melange, and specialty yarns. Fabric offerings include cotton, polyester blended, modal/tencel blended, viscose, and elastane fabrics. Garment products comprise corporate and workwear, hospital, hotel, and protective garments.

The company has demonstrated innovation in sustainability by developing recycled products from hard waste and polyester, such as yarn and knitted fabric of different counts and blends, alongside t-shirts and leggings. Additionally, the company provides home textile products featuring special stitches and finishes, shopper bags, and organic cotton products.

Manufacturing Infrastructure

Loyal Textile Mills has a robust manufacturing presence across South India, with plants located in Kovilpatti, Sattur, Cuddalore, and Sivagangai in Tamil Nadu, Khammam in Telangana, and Nellore in Andhra Pradesh. The company possesses a rich history of technological advancement in the textile industry, being the first to introduce tandem-carding in the '70s and air-splicing and automatic cone-winding technology. In 1987, an expansion-modernisation project led to the setup of 100 airjet looms for weaving polyester-blended suitings.

Global Market Presence

The company has expanded its reach beyond domestic markets to serve international customers, with its geographical segments including Europe, Asia, America, and Others. Loyal Textile Mills exports its products to Asia, Europe, the Middle East, Africa, and other international destinations. Furthermore, it offers face masks and personal protective equipment kits through online channels.

Stock Performance and Trading Information

The stock is traded on both NSE and BSE exchanges under the ticker LOYALTEX. The stock has experienced significant volatility, reaching an all-time high of ₹1,095.00 on August 11, 2022, and an all-time low of ₹212.00 on March 4, 2025. Loyal Textile Mills Ltd has provided a return of -33.05% in the last one year.

Despite facing current financial headwinds, the company's long-standing presence in the textile industry, diversified product portfolio, extensive manufacturing infrastructure, and global market reach position it as a significant player in India's textile sector. The company continues to focus on innovation and sustainability while working to improve its financial performance.