Loyal Textile Mills LtdBOM 514036 Stock Report

Loyal Textile Mills Ltd. is a holding company, which engages in the production yarn, woven fabric, knitted fabric, and technical clothing. The company is headquartered in Chennai, Tamil Nadu and currently employs 1,805 full-time employees. The firm operates through two segments: manufacturing and trading activities. The Company’s products include yarn, fabrics, garments, home textiles, organic products, PPE kits and face masks. The firm has developed products from recycled hard waste and polyester, such as yarn and knitted fabric of different counts and blends, and t-shirts and leggings. The company also produces reusable food wrapper, high twist viscose woven fabric, yarn and cotton produced from cotton, such as polyester. Its geographical segments include Europe, Asia, America and Others. The firm has manufacturing plants at Kovilpatti, Sattur, Cuddalore, Sivagangai in Tamilnadu, Khammam in Telangana, and Nellore in Andhra Pradesh. The Company’s wholly owned subsidiary is Loyal International Sourcing Private Limited.