Loyal Textile Mills Ltd
About
Loyal Textile Mills was founded in 1956 as a spinning and weaving mill using second-hand machines as an employment opportunity for laid-off employees. Today, Loyal is involved in the manufacturing of yarns, fabrics, garments, and other home textiles as well as the designing of knitted and woollen fabrics using cotton, linen blends, and polyester blends. With the help of 4 spinning mills, 2 weaving units, 1 knitting unit, 1 dyeing house, and 7 garment manufacturing units, Loyal Textiles can produce up to 33,000 tonnes of yarn and 28,000 tonnes of fabric every year, in addition to 20,000 pieces of knitted garments and 15,000 pieces of woven garments every day. Out of its ₹1,400 cr turnover, ₹1,120 cr is generated by exports to countries like Argentina, Indonesia, Belgium, Morocco, and the US, to name a few.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 980 -35.1% | 1509 -19.2% | 1867 67.0% | 1118 -1.5% | 1135 -14.5% | 1327 14.5% | 1159 0.5% | 1153 -1.7% | 1173 -16.8% | 1410 -13.7% | 1633 29.7% | 1259 40.9% | 893 -13.4% | 1032 126.5% | 455 2.2% | 446 - |
| Net Operating Income (INR Cr) | 939 -33.05% | 1403 -20.42% | 1763 57.15% | 1122 1.57% | 1104 -15.49% | 1307 12.78% | 1159 1.96% | 1136 -1.90% | 1158 -17.64% | 1407 0.00% | 1605 28.18% | 1252 37.53% | 911 -5.39% | 962 116.67% | 444 4.75% | 424 8.02% |
| Profit (INR Cr) | -40 - | 3 -97.1% | 97 195.5% | 33 274.0% | 9 -68.9% | 28 11.3% | 25 1.0% | 25 -6.7% | 27 70.2% | 16 -19.8% | 20 290.9% | 5 - | -2 - | 31 1492.4% | 2 - | -14 - |
| Assets (INR Cr) | 945 -7.7% | 1024 4.5% | 980 51.3% | 647 1.2% | 640 -10.8% | 717 -1.4% | 727 -2.7% | 748 10.7% | 676 -4.1% | 705 -0.7% | 710 -0.8% | 716 -7.5% | 773 4.6% | 739 67.5% | 441 -7.2% | 476 - |
| Net Worth (INR Cr) | 321 -10.9% | 360 -0.6% | 362 35.3% | 268 12.3% | 239 3.2% | 231 11.7% | 207 10.1% | 188 17.1% | 161 15.6% | 139 0.0% | 126 14.0% | 111 2.0% | 108 -2.2% | 111 33.2% | 83 0.4% | 83 -14.6% |
| Employee Cost (INR Cr) | 157 -11.1% | 177 7.8% | 164 26.8% | 129 6.6% | 121 12.4% | 108 16.0% | 93 2.2% | 91 -2.4% | 93 10.1% | 85 11.2% | 76 25.2% | 61 30.3% | 47 9.6% | 43 54.1% | 28 16.3% | 24 - |
| Interest Cost (INR Cr) | 59 | 41 | 40 | 35 | 37 | 39 | 39 | 42 | 60 | 69 | 76 | 71 | 45 | 26 | 21 | 25 |
| Cash & Bank Balance (INR Cr) | 17 | 21 | 19 | 32 | 14 | 16 | 9 | 9 | 6 | 8 | 3 | 6 | 33 | 19 | 3 | 2 |
| Total Debt (INR Cr) | 622 | 662 | 616 | 380 | 401 | 486 | 520 | 560 | 513 | 564 | 583 | 605 | 664 | 627 | 358 | 392 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | - | 0.2% | 5.2% | 2.9% | 0.8% | 2.1% | 2.2% | 2.2% | 2.3% | 1.1% | 1.2% | 0.4% | - | 3.0% | 0.4% | - |
| Profit As % Of Assets | - | 0.3% | 9.9% | 5.1% | 1.4% | 3.9% | 3.5% | 3.4% | 4.0% | 2.2% | 2.8% | 0.7% | - | 4.2% | 0.5% | - |
| Profit As % Of Networth | - | 0.8% | 26.8% | 12.3% | 3.7% | 12.2% | 12.2% | 13.4% | 16.8% | 11.4% | 15.6% | 4.6% | - | 28.3% | 2.4% | - |
| Interest Cost to EBITDA % | - | 103.8% | 19.7% | 32.4% | 43.3% | 34.4% | 36.0% | 32.4% | 37.5% | 42.8% | 43.1% | 47.6% | 48.0% | 22.6% | 42.5% | 89.3% |
| Debt to Equity Ratio | 1.94 | 1.84 | 1.70 | 1.42 | 1.68 | 2.10 | 2.52 | 2.98 | 3.20 | 4.06 | 4.62 | 5.46 | 6.12 | 5.66 | 4.30 | 4.73 |
| RONW | - | 0.8% | 30.8% | 13.0% | 3.7% | 12.9% | 12.8% | 14.4% | 18.0% | 11.4% | 16.6% | 4.6% | - | 32.3% | 2.1% | - |
| ROCE | 0.3% | 4.1% | 21.7% | 11.4% | 6.1% | 9.0% | 7.8% | 9.4% | 13.8% | 11.4% | 15.3% | 11.1% | 5.1% | 13.5% | 5.2% | 0.9% |