Share the post "Loyal Textiles Mills Ltd Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Loyal Textiles Mills Ltd has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
| Shareholder Name | Previous Quater Quantity(In Crores) | Current Quater Quantity(In Crores) | Previous Quater Shares(in %) | Current Quater Shares(in %) | Quater to Quater Difference |
|---|---|---|---|---|---|
| Promoters | 0.35 | 0.35 | 73.49 | 73.49 | 0 |
| Public | 0.13 | 0.13 | 26.42 | 26.42 | 0 |
| DII | 0.00 | 0.00 | 0.08 | 0.08 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 73.49% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.08% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.
Let’s delve deeper into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.
| Shareholder Name | Previous Quarter Quantity (In crores) | Current Quarter Quantity (In crores) | Previous Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| CHINTHAMANI COTTON TRADING PRIVATE LIMITED | 0 | 0.028 | 0 | 5.82 | +5.82% |
| CHINTAMANI COTTON TRADING PRIVATE LIMITED | 0.028 | 0 | 5.82 | 0 | -5.82% |
CHINTHAMANI COTTON TRADING PRIVATE LIMITED had no shares in the previous quarter but now holds 5.82% of shares in the current quarter.CHINTAMANI COTTON TRADING PRIVATE LIMITED had 5.82% of shares in the previous quarter but exited in the current quarter.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.065 | 0.067 | 13.57 | 13.95 | + 0.38 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.031 | 0.029 | 6.34 | 5.97 | -0.37 % |
| PREM LATA KASERA | 0.007 | 0.006 | 1.4 | 1.2 | -0.2 % |
| Bodies Corporate | 0.016 | 0.016 | 3.38 | 3.37 | -0.01 % |
| MUSES COTTON TRADING COMPANY P LTD | 0.010 | 0.009 | 2.11 | 1.88 | -0.23 % |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.38 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.37 % variance in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.2 % variance in PREM LATA KASERA’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.23 % variance in MUSES COTTON TRADING COMPANY P LTD’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
0
3-Year Profit
0
5-Year Profit
0
10-Year Profit
519
Current Price
250
Market Cap
For the company identified by BSE code 514036, the financial performance highlights a solid five-year profit of 0 percents. This figure escalates to 0 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of -42 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 15 percents but has since plummeted to -9 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 8 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
The company currently holds a market cap of ₹250 crore, with its stock trading at ₹519. Historically, the stock has fluctuated between ₹775 / 484, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at , indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹667, which offers insight into the company's intrinsic worth, while its dividend yield of 0.00% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 0.15%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is -12.0%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 1.94, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-2.32 crore raises concerns about its liquidity position. The Piotroski score of 3.00 reflects the company’s overall financial health, while the Graham Number of ₹ suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 0.79 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.
