Kallam Textiles
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Kallam Textiles Ltd, a textile manufacturer under corporate insolvency, has obtained an order from the National Company Law Appellate Tribunal (NCLAT) that temporarily halts the insolvency process to allow its suspended directors to submit a restructuring plan. The NCLAT, in its June 18 ruling, directed the directors to formulate a proposal involving all lenders and submit it to the Committee of Creditors for consideration within four weeks. During this period, the interim resolution professional and the creditors' panel shall not proceed further with the Corporate Insolvency Resolution Process. The company, which employs around 400 people, had been taken to the NCLT by Union Bank of India over defaults. The NCLAT noted the company is fully operational and sought to safeguard its value. The suspended directors have already expressed interest in the resolution process, and the tribunal's order opens the door for a potential consensual restructuring instead of a full CIRP-driven sale.
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Kallam Textiles Ltd, a textile manufacturer under corporate insolvency, has obtained an order from the National Company Law Appellate Tribunal (NCLAT) that temporarily halts the insolvency process to allow its suspended directors to submit a restructuring plan. The NCLAT, in its June 18 ruling, directed the directors to formulate a proposal involving all lenders and submit it to the Committee of Creditors for consideration within four weeks. During this period, the interim resolution professional and the creditors' panel shall not proceed further with the Corporate Insolvency Resolution Process. The company, which employs around 400 people, had been taken to the NCLT by Union Bank of India over defaults. The NCLAT noted the company is fully operational and sought to safeguard its value. The suspended directors have already expressed interest in the resolution process, and the tribunal's order opens the door for a potential consensual restructuring instead of a full CIRP-driven sale.
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Feb 9 (Reuters) - Kallam Textiles Ltd KALL.BO:
KALLAM TEXTILES LTD - RECEIVES NOTICES FROM UNION BANK FOR SALE OF SPINNING AND HYDEL UNITS
Source text: ID:nBSE64Jkv8
Further company coverage: KALL.BO
(([email protected];))
Feb 9 (Reuters) - Kallam Textiles Ltd KALL.BO:
KALLAM TEXTILES LTD - RECEIVES NOTICES FROM UNION BANK FOR SALE OF SPINNING AND HYDEL UNITS
Source text: ID:nBSE64Jkv8
Further company coverage: KALL.BO
(([email protected];))
Dec 18 (Reuters) - Kallam Textiles Ltd KALL.BO:
RECEIVES NOTICE FROM UNION BANK
UNION BANK ISSUES DEMAND NOTICE TO KALLAM TEXTILES FOR 1.85 BILLION RUPEES
Source text: ID:nBSE4syXFs
Further company coverage: KALL.BO
(([email protected];))
Dec 18 (Reuters) - Kallam Textiles Ltd KALL.BO:
RECEIVES NOTICE FROM UNION BANK
UNION BANK ISSUES DEMAND NOTICE TO KALLAM TEXTILES FOR 1.85 BILLION RUPEES
Source text: ID:nBSE4syXFs
Further company coverage: KALL.BO
(([email protected];))
Sept 26 (Reuters) - Kallam Textiles Ltd KALL.BO:
RECEIVED SUMMONS FROM DEBTS RECOVERY TRIBUNAL
Source text for Eikon: ID:nBSE9Zvdmq
Further company coverage: KALL.BO
(([email protected];;))
Sept 26 (Reuters) - Kallam Textiles Ltd KALL.BO:
RECEIVED SUMMONS FROM DEBTS RECOVERY TRIBUNAL
Source text for Eikon: ID:nBSE9Zvdmq
Further company coverage: KALL.BO
(([email protected];;))
May 7 (Reuters) - Kallam Textiles Ltd KALL.BO:
UNION BANK OF INDIA INTENDS TO INITIATE FORENSIC AUDIT OF BOOKS OF ACCOUNTS OF COMPANY
BANK ACCOUNTS OF COMPANY CLASSIFIED AS DEFAULT BY LENDERS DUE TO ACUTE FINANCIAL CRISIS BEING FACED BY COMPANY
Source text for Eikon: ID:nBSE3yc4L0
Further company coverage: KALL.BO
(([email protected];))
May 7 (Reuters) - Kallam Textiles Ltd KALL.BO:
UNION BANK OF INDIA INTENDS TO INITIATE FORENSIC AUDIT OF BOOKS OF ACCOUNTS OF COMPANY
BANK ACCOUNTS OF COMPANY CLASSIFIED AS DEFAULT BY LENDERS DUE TO ACUTE FINANCIAL CRISIS BEING FACED BY COMPANY
Source text for Eikon: ID:nBSE3yc4L0
Further company coverage: KALL.BO
(([email protected];))
Aug 14 (Reuters) - Kallam Textiles Ltd KALL.BO:
JUNE-QUARTER NET LOSS AFTER TAX 73.1 MILLION RUPEES VERSUS PROFIT 33 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 1.16 BILLION RUPEES VERSUS 1.14 BILLION RUPEES
Source text for Eikon: ID:nBSEc3dqKq
Further company coverage: KALL.BO
(([email protected];;))
Aug 14 (Reuters) - Kallam Textiles Ltd KALL.BO:
JUNE-QUARTER NET LOSS AFTER TAX 73.1 MILLION RUPEES VERSUS PROFIT 33 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 1.16 BILLION RUPEES VERSUS 1.14 BILLION RUPEES
Source text for Eikon: ID:nBSEc3dqKq
Further company coverage: KALL.BO
(([email protected];;))
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Popular questions
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What does Kallam Textiles do?
Kallam Spinning Mills Ltd manufactures and sells cotton yarn, utilizing power from their hydro plant for captive consumption. The company is also involved in Power, Weaving, and Spinning businesses.
Who are the competitors of Kallam Textiles?
Kallam Textiles major competitors are Sri Nachammai Cotton, Winsome Yarns, Garware Synthetics, Eurotex Inds.&Export, Eureka Industries, Adinath Textiles, Sri Lak.Sarasw. Text. Market Cap of Kallam Textiles is ₹13 Crs. While the median market cap of its peers are ₹11 Crs.
Is Kallam Textiles financially stable compared to its competitors?
Kallam Textiles seems to be less financially stable compared to its competitors. Altman Z score of Kallam Textiles is -0.17 and is ranked 5 out of its 8 competitors.
Does Kallam Textiles pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Kallam Textiles latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Kallam Textiles allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Kallam Textiles balance sheet?
Kallam Textiles balance sheet is weak and might have solvency issues
Is the profitablity of Kallam Textiles improving?
No, profit is decreasing. The profit of Kallam Textiles is -₹65.87 Crs for TTM, -₹47.37 Crs for Mar 2025 and -₹37.45 Crs for Mar 2024.
Is the debt of Kallam Textiles increasing or decreasing?
Yes, The net debt of Kallam Textiles is increasing. Latest net debt of Kallam Textiles is ₹369 Crs as of Sep-25. This is greater than Mar-25 when it was ₹309 Crs.
Is Kallam Textiles stock expensive?
Kallam Textiles is not expensive. Latest PE of Kallam Textiles is 0, while 3 year average PE is 35.47. Also latest EV/EBITDA of Kallam Textiles is 0.0 while 3yr average is 16.1.
Has the share price of Kallam Textiles grown faster than its competition?
Kallam Textiles has given lower returns compared to its competitors. Kallam Textiles has grown at ~-13.0% over the last 10yrs while peers have grown at a median rate of 10.17%
Is the promoter bullish about Kallam Textiles?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Kallam Textiles is 45.61% and last quarter promoter holding is 45.61%.
Are mutual funds buying/selling Kallam Textiles?
There is Insufficient data to gauge this.