Loyal Textile Mills Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

A. Velliangiri

Chief executive officer

₹5.8m

Total compensation

CEO salary percentage	95.1%
CEO tenure	6.1yrs
CEO ownership	n/a
Management average tenure	6.1yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has A. Velliangiri's remuneration changed compared to Loyal Textile Mills's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-₹257m
Sep 30 2023	n/a	n/a	-₹414m
Jun 30 2023	n/a	n/a	-₹288m
Mar 31 2023	₹6m	₹6m	₹28m
Dec 31 2022	n/a	n/a	₹210m
Sep 30 2022	n/a	n/a	₹702m
Jun 30 2022	n/a	n/a	₹1b
Mar 31 2022	₹5m	₹5m	₹971m
Dec 31 2021	n/a	n/a	₹936m
Sep 30 2021	n/a	n/a	₹751m
Jun 30 2021	n/a	n/a	₹501m
Mar 31 2021	₹4m	₹4m	₹328m
Dec 31 2020	n/a	n/a	₹163m
Sep 30 2020	n/a	n/a	₹83m
Jun 30 2020	n/a	n/a	₹63m
Mar 31 2020	₹4m	₹3m	₹88m
Dec 31 2019	n/a	n/a	₹146m
Sep 30 2019	n/a	n/a	₹181m
Jun 30 2019	n/a	n/a	₹234m
Mar 31 2019	₹4m	₹4m	₹282m

Compensation vs Market: A.'s total compensation ($USD69.66K) is above average for companies of similar size in the Indian market ($USD39.58K).

Compensation vs Earnings: A.'s compensation has increased whilst the company is unprofitable.

CEO

A. Velliangiri (73 yo)

6.1yrs

Tenure

₹5,806,000

Compensation

Mr. A. Velliangiri, B.Com., FCA, FCS, FICWA, MBA, DMA (ICA) served as the Deputy Managing Director of Tamil Nadu Newsprint and Papers Ltd. from December 19, 2007 to March 29, 2018 and served as its Secreta...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Valli Ramaswami	Chairperson	9.2yrs	₹69.80m	4.06% ₹ 108.1m
A. Velliangiri	Chief Executive Officer	6.1yrs	₹5.81m	no data
K. Ganapathi	Chief Financial Officer	6.7yrs	₹4.29m	no data
Muthu Manivannan	Senior VP of Operations & Whole Time Director	14yrs	₹3.37m	no data
P. Mahadevan	Company Secretary & Compliance Officer	5.8yrs	₹1.43m	no data
Vishala Ramswami	Executive Director and Director of Corporate Strategy & Marketing	4yrs	₹1.34m	0.011% ₹ 304.1k

6.1yrs

Average Tenure

62yo

Average Age

Experienced Management: 514036's management team is seasoned and experienced (6.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Valli Ramaswami	Chairperson	9.2yrs	₹69.80m	4.06% ₹ 108.1m
Muthu Manivannan	Senior VP of Operations & Whole Time Director	2.3yrs	₹3.37m	no data
Vishala Ramswami	Executive Director and Director of Corporate Strategy & Marketing	3.4yrs	₹1.34m	0.011% ₹ 304.1k
Lakshmi Narayanan	Independent Director	1.7yrs	₹50.00k	no data
Raju Kannan	Independent Director	3.4yrs	no data	no data
Gokul Dixit	Independent Director	1.4yrs	₹270.00k	no data
Maniedath Nambiar	Additional Non-Independent Non-Executive Director	1.4yrs	₹340.00k	no data
Vijayalakshmi Rao	Independent Director	6.6yrs	₹390.00k	no data
B. Vaidyanathan	Non-Executive Director	6.3yrs	₹460.00k	no data
K. Kumaran	Additional Non-Executive & Independent Director	less than a year	no data	no data

2.9yrs

Average Tenure

63yo

Average Age

Experienced Board: 514036's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Loyal Textile Mills Management

Management criteria checks 1/4

Key information

Recent management updates

Loyal Textile Mills Limited Appoints K Kumaran as an Additional Director (Non-Executive & Independent Director)

Loyal Textile Mills Limited Announces Resignation of B.T.Bangera as an Independent Director

Loyal Textile Mills Limited, Annual General Meeting, Sep 27, 2023

High number of new directors

Loyal Textile Mills Limited Announces Reconstitution of the Committees of the Board

Loyal Textile Mills Limited Announces Board Appointments

Recent updates

Loyal Textile Mills Limited to Report Q4, 2024 Results on May 17, 2024

New minor risk - Share price stability

Third quarter 2024 earnings released: ₹4.52 loss per share (vs ₹37.14 loss in 3Q 2023)

Second quarter 2024 earnings released: ₹29.34 loss per share (vs ₹3.13 loss in 2Q 2023)

Loyal Textile Mills Limited Appoints K Kumaran as an Additional Director (Non-Executive & Independent Director)

Loyal Textile Mills Limited Announces Resignation of B.T.Bangera as an Independent Director

Loyal Textile Mills Limited to Report Q1, 2024 Results on Nov 14, 2023

Loyal Textile Mills Limited, Annual General Meeting, Sep 27, 2023

First quarter 2024 earnings released: ₹20.39 loss per share (vs ₹45.35 profit in 1Q 2023)

Loyal Textile Mills Limited to Report Q1, 2024 Results on Aug 11, 2023

Loyal Textile Mills Limited to Report Q1, 2024 Results on Aug 11, 2023

Full year 2023 earnings released: EPS: ₹5.90 (vs ₹201 in FY 2022)

Investor sentiment deteriorates as stock falls 16%

Third quarter 2023 earnings released: ₹37.14 loss per share (vs ₹51.74 profit in 3Q 2022)

Loyal Textile Mills Limited to Report Q3, 2023 Results on Feb 14, 2023

Now 22% undervalued after recent price drop

High number of new directors

Now 24% undervalued after recent price drop

Second quarter 2023 earnings released: ₹3.13 loss per share (vs ₹64.85 profit in 2Q 2022)

Second quarter 2023 earnings released: ₹3.13 loss per share (vs ₹64.85 profit in 2Q 2022)

Loyal Textile Mills Limited Announces Reconstitution of the Committees of the Board

Loyal Textile Mills Limited Announces Board Appointments

Loyal Textile Mills Limited to Report Q2, 2023 Results on Nov 11, 2022

Loyal Textile Mills Limited Announces Retirement of Madhavan Nambiar as an Independent Director

Upcoming dividend of ₹10.00 per share

Loyal Textile Mills Limited, Annual General Meeting, Sep 22, 2022

Loyal Textile Mills Limited Announces Resignation of R.Poornalingam as Director

Loyal Textile Mills Limited Appoints Lakshmi Narayanan as an Additional Director

First quarter 2023 earnings released: EPS: ₹45.35 (vs ₹33.16 in 1Q 2022)

Loyal Textile Mills Limited to Report Q1, 2023 Results on Aug 08, 2022

Investor sentiment deteriorated over the past week

Loyal Textile Mills Limited Announces Resignation of Mr. S. Arun as Independent Director

Loyal Textile Mills Limited Recommends Dividend for the Financial Year Ended March 31, 2022

Loyal Textile Mills Limited Announces Minor Fire Broke Out in the Weaving Shed in One of the Plant Located At Andhra Pradesh

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Non-Executive & Non-Independent Director P. Manivannan has left the company

Investor sentiment improved over the past week

Second quarter 2022 earnings released

Investor sentiment improved over the past week

Upcoming dividend of ₹7.50 per share

High number of new directors

Loyal Textile Mills Limited Announces Closure of Operations of the Mill

Investor sentiment improved over the past week

Loyal Textile Mills Limited Appoints Additional (Non-Executive & Non Independent) Director

Third quarter 2021 earnings released: EPS ₹26.42 (vs ₹9.65 in 3Q 2020)

Loyal Textile Mills Limited to Report Q3, 2021 Results on Feb 11, 2021

Investor sentiment improved over the past week

New 90-day high: ₹394

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹291

Loyal Textile Mills Limited Approves Appointment of Additional Directors

New 90-day high: ₹277

Loyal Textile Mills Limited Announces Board Appointments

Loyal Textile Mills Limited to Report Q2, 2021 Results on Nov 11, 2020

New 90-day low: ₹210

Loyal Textile Mills Limited Announces Retirement of R. Poornalingam, Independent Director

Earnings released

New 90-day high - ₹292

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure