New Risk • Mar 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹919.7m (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (₹919.7m market cap, or US$9.70m). Reported Earnings • Feb 13
Third quarter 2026 earnings released: ₹37.89 loss per share (vs ₹54.39 loss in 3Q 2025) Third quarter 2026 results: ₹37.89 loss per share (improved from ₹54.39 loss in 3Q 2025). Revenue: ₹1.07b (down 31% from 3Q 2025). Net loss: ₹182.5m (loss narrowed 30% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 56% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₹1.22b market cap, or US$13.5m). Duyuru • Feb 02
Loyal Textile Mills Limited to Report Q3, 2026 Results on Feb 11, 2026 Loyal Textile Mills Limited announced that they will report Q3, 2026 results on Feb 11, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: ₹23.55 loss per share (vs ₹105 loss in 2Q 2025) Second quarter 2026 results: ₹23.55 loss per share (improved from ₹105 loss in 2Q 2025). Revenue: ₹1.10b (down 41% from 2Q 2025). Net loss: ₹113.4m (loss narrowed 78% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Duyuru • Oct 28
Loyal Textile Mills Limited to Report Q2, 2026 Results on Nov 11, 2025 Loyal Textile Mills Limited announced that they will report Q2, 2026 results on Nov 11, 2025 New Risk • Aug 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks High level of debt (152% net debt to equity). Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (₹1.46b market cap, or US$16.7m). Duyuru • Aug 13
Loyal Textile Mills Limited, Annual General Meeting, Sep 26, 2025 Loyal Textile Mills Limited, Annual General Meeting, Sep 26, 2025. Reported Earnings • Aug 13
First quarter 2026 earnings released: ₹35.32 loss per share (vs ₹39.49 loss in 1Q 2025) First quarter 2026 results: ₹35.32 loss per share (improved from ₹39.49 loss in 1Q 2025). Revenue: ₹1.37b (down 30% from 1Q 2025). Net loss: ₹170.1m (loss narrowed 11% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Duyuru • Jul 23
Loyal Textile Mills Limited to Report Q1, 2026 Results on Aug 12, 2025 Loyal Textile Mills Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 28
Full year 2025 earnings released: ₹106 loss per share (vs ₹82.00 loss in FY 2024) Full year 2025 results: ₹106 loss per share (further deteriorated from ₹82.00 loss in FY 2024). Revenue: ₹6.90b (down 27% from FY 2024). Net loss: ₹512.4m (loss widened 30% from FY 2024). Duyuru • Mar 19
Loyal Textile Mills Limited Announces CEO Changes Loyal Textile Mills Limited at its board meeting held on 18 March 2025 announced the retirement of Mr. A Velliangiri as Chief Executive Officer, with effect from 31 March 2025 and appointed Mr. N. Srinivasan as Chief Executive Officer, effective 1 April 2025 based on the recommendation of Nomination and Remuneration Committee. Brief Profile: Qualified Chartered Accountant and Cost Accountant. He has thirty three years of experience in Textile Industry and has held various positions in Madura Coats Private Limited. Duyuru • Mar 18
Loyal Textile Mills Limited Announces Executive Changes Loyal Textile Mills Limited at its board meeting held on 18 March 2025, taken note of the resignation of Mr. N. Srinivasan from the position of Chief Operating and Strategy Officer with effect from 31 March 2025 consequent to his appointment as Chief Executive Officer. Approved the appointment of Mr. R M Shanmugam as the Chief Operating Officer of the Company with effect from 6 March 2025. Brief Profile: CIMA, UK (Associate Member - ACMA) Chartered Global Management Accountant (CGMA), USA Fellow CMA (Fellow Member). ACS (Associate Member). He has more than 28 years of leadership experience in manufacturing industry and has held various leadership positions in Chettinad Group, Murugappa Morgan Thermal Ceramics Limited, Sibelco Group, Malyasia and Singapore, Trivitron Healthcare and Pallava Group. Reported Earnings • Feb 14
Third quarter 2025 earnings released: ₹54.39 loss per share (vs ₹4.52 loss in 3Q 2024) Third quarter 2025 results: ₹54.39 loss per share (further deteriorated from ₹4.52 loss in 3Q 2024). Revenue: ₹1.55b (down 24% from 3Q 2024). Net loss: ₹262.0m (loss widened ₹240.2m from 3Q 2024). Duyuru • Jan 17
Loyal Textile Mills Limited Approves Appointment of Vishala Ramswami as Additional Director (Non-Executive Non-Independent) Loyal Textile Mills Limited at its board meeting held on January 17, 2025 approved appointment of Ms. Vishala Ramswami (DIN: 06967899) as an Additional Director (Non-Executive Non-Independent) of the Company liable to retire by rotation with effect from 17th January, 2025. Ms. Vishala Ramswami has done undergraduate degree in Economics and Management from the University of Bath, England and Master's Degree in International Development from London School of Economics. She had worked at EY's (Ernst & Young) Global headquarters in London as Global brand, Marketing & Communications Officer. Duyuru • Jan 16
Loyal Textile Mills Limited to Report Q3, 2025 Results on Feb 12, 2025 Loyal Textile Mills Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Duyuru • Dec 30
Loyal Textile Mills Limited Announces Resignation of Vishala Ramswami as Executive Director Loyal Textile Mills Limited announced that Vishala Ramswami has stepped down from the position of Executive Director and Directorship from board of directors of the company with effect from December 27, 2024 for pursuing higher education. Reported Earnings • Nov 14
Second quarter 2025 earnings released: ₹105 loss per share (vs ₹29.34 loss in 2Q 2024) Second quarter 2025 results: ₹105 loss per share (further deteriorated from ₹29.34 loss in 2Q 2024). Revenue: ₹1.96b (down 21% from 2Q 2024). Net loss: ₹507.3m (loss widened 259% from 2Q 2024). Duyuru • Oct 09
Loyal Textile Mills Limited to Report First Half, 2025 Results on Nov 12, 2024 Loyal Textile Mills Limited announced that they will report first half, 2025 results on Nov 12, 2024 Duyuru • Sep 24
Loyal Textile Mills Limited Announces Resignation of P. Mahadevan as Company Secretary & Compliance Officer, Effective September 30, 2024 Loyal Textile Mills Limited announced that Mr. P. Mahadevan, has resigned from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company due to personal reasons with effect from September 30, 2024. Board Change • Sep 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive & Independent Director K. Kumaran was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Aug 21
Loyal Textile Mills Limited, Annual General Meeting, Sep 23, 2024 Loyal Textile Mills Limited, Annual General Meeting, Sep 23, 2024, at 10:00 Indian Standard Time. Duyuru • Jul 13
Loyal Textile Mills Limited to Report Q1, 2025 Results on Aug 09, 2024 Loyal Textile Mills Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Duyuru • Jun 26
Loyal Textile Mills Limited Announces Resignation of K. Ganapathi as Chief Financial Officer Loyal Textile Mills Limited announced that, due to personal reasons Mr. K. Ganapathi, has resigned from the post of Chief Financial Officer of the Company. He will be relieved from the services of the Company with effect from closing hours of 29th June 2024. Reason for change: Resignation of Mr. K. Ganapthi, Chief Financial Officer of the Company. Duyuru • Jun 06
Loyal Textile Mills Limited Announces Temporarily Halt the Spinning and Weaving Operations At Naidupet Unit, Andhra Pradesh Loyal Textile Mills Limited announced that due to adverse market conditions in the textile industry, which have significantly impacted demand, its company has decided to take measures to optimize the operations aiming at minimizing fixed cost and improving efficiency. In alignment with the industry trends and its strategic goals, the company decided to temporarily halt the spinning and weaving operations at its Naidupet unit, Andhra Pradesh. This unit has the capacity to support an annual turnover of INR 1,600 million. However, presently due to lower demand, the company has been unable to achieve full turnover in this unit. The Company will closely monitor the situation and will commence Spinning and Weaving operations in the unit at the earliest possible. The garments operations will continue to operate in Naidupet unit. New Risk • May 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 7.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹2.81b market cap, or US$33.6m). Duyuru • Apr 21
Loyal Textile Mills Limited to Report Q4, 2024 Results on May 17, 2024 Loyal Textile Mills Limited announced that they will report Q4, 2024 results on May 17, 2024 New Risk • Mar 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.2% operating cash flow to total debt). Earnings have declined by 7.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹3.18b market cap, or US$38.3m). Reported Earnings • Feb 14
Third quarter 2024 earnings released: ₹4.52 loss per share (vs ₹37.14 loss in 3Q 2023) Third quarter 2024 results: ₹4.52 loss per share (improved from ₹37.14 loss in 3Q 2023). Revenue: ₹2.04b (down 28% from 3Q 2023). Net loss: ₹21.8m (loss narrowed 88% from 3Q 2023). Reported Earnings • Nov 12
Second quarter 2024 earnings released: ₹29.34 loss per share (vs ₹3.13 loss in 2Q 2023) Second quarter 2024 results: ₹29.34 loss per share (further deteriorated from ₹3.13 loss in 2Q 2023). Revenue: ₹2.48b (down 29% from 2Q 2023). Net loss: ₹141.3m (loss widened ₹126.2m from 2Q 2023). Duyuru • Oct 12
Loyal Textile Mills Limited Appoints K Kumaran as an Additional Director (Non-Executive & Independent Director) Loyal Textile Mills Limited announced that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors by way of a Circular resolution have approved the appointment of Mr. K Kumaran (DIN: 00801146) as an Additional Director (Non-Executive & Independent Director) for a tenure of three years with effect from 10th October 2023. Mr.K.Kumaran, completed his graduation in Engineering from Anna University and did his MBA in Duke University in USA. He is a successful industrialist having vast knowledge and rich experience over AO years in Production, Management and he has business interests in Paper & Coir products manufacturing, Bio-Medical Waste management, Electrical and Electronics Waste Management and Solid waste Management. He is passionate about waste management services, especially recycling and reusing the materials in conformance with Indian standards. He was a member of Parliament in 2006 (Rajya Sabha MP). Duyuru • Sep 05
Loyal Textile Mills Limited to Report Q1, 2024 Results on Nov 14, 2023 Loyal Textile Mills Limited announced that they will report Q1, 2024 results on Nov 14, 2023 Duyuru • Aug 29
Loyal Textile Mills Limited, Annual General Meeting, Sep 27, 2023 Loyal Textile Mills Limited, Annual General Meeting, Sep 27, 2023, at 10:00 Indian Standard Time. Reported Earnings • Aug 12
First quarter 2024 earnings released: ₹20.39 loss per share (vs ₹45.35 profit in 1Q 2023) First quarter 2024 results: ₹20.39 loss per share (down from ₹45.35 profit in 1Q 2023). Revenue: ₹2.95b (down 33% from 1Q 2023). Net loss: ₹98.2m (down 145% from profit in 1Q 2023). Duyuru • Jul 12
Loyal Textile Mills Limited to Report Q1, 2024 Results on Aug 11, 2023 Loyal Textile Mills Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹5.90 (vs ₹201 in FY 2022) Full year 2023 results: EPS: ₹5.90 (down from ₹201 in FY 2022). Revenue: ₹14.4b (down 19% from FY 2022). Net income: ₹28.4m (down 97% from FY 2022). Profit margin: 0.2% (down from 5.5% in FY 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹630, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 16x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹537, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 16x in the Luxury industry in India. Reported Earnings • Feb 16
Third quarter 2023 earnings released: ₹37.14 loss per share (vs ₹51.74 profit in 3Q 2022) Third quarter 2023 results: ₹37.14 loss per share (down from ₹51.74 profit in 3Q 2022). Revenue: ₹2.91b (down 39% from 3Q 2022). Net loss: ₹178.8m (down 172% from profit in 3Q 2022). Duyuru • Jan 13
Loyal Textile Mills Limited to Report Q3, 2023 Results on Feb 14, 2023 Loyal Textile Mills Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Buying Opportunity • Dec 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be ₹886, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 74%. Board Change • Dec 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Additional Independent Director Gokul Dixit was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Nov 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be ₹954, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 74%. Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹3.13 loss per share (vs ₹64.85 profit in 2Q 2022) Second quarter 2023 results: ₹3.13 loss per share (down from ₹64.85 profit in 2Q 2022). Revenue: ₹3.49b (down 24% from 2Q 2022). Net loss: ₹15.1m (down 105% from profit in 2Q 2022). Reported Earnings • Nov 13
Second quarter 2023 earnings released: ₹3.13 loss per share (vs ₹64.85 profit in 2Q 2022) Second quarter 2023 results: ₹3.13 loss per share (down from ₹64.85 profit in 2Q 2022). Revenue: ₹3.49b (down 24% from 2Q 2022). Net loss: ₹15.1m (down 105% from profit in 2Q 2022). 
