Ludlow Jute & Specialities Ltd
Ludlow Jute & Specialities Ltd is engaged in manufacturing and sale of products made of jute such as fabrics, special yarn, scrim, jute soil saver, etc.
It was founded in 1921 by Ludlow Corp, USA. In 1977, it was taken over by the Kanoria Family in 1977. Kanoria Group has interests in renewable energy, manufacturing, marketing and distribution of chemicals, design and production of automotive components, integrated textiles manufacturing and IT services with a presence in 8 countries.[1]
- Market Cap ₹ 91.9 Cr.
- Current Price ₹ 85.4
- High / Low ₹ 99.8 / 73.6
- Stock P/E 59.3
- Book Value ₹ 163
- Dividend Yield 2.34 %
- ROCE 8.14 %
- ROE 6.89 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.52 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.39% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Jute - Yarn / Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
319 | 281 | 278 | 278 | 234 | 359 | 359 | 334 | 369 | 415 | 419 | 574 | 566 | |
293 | 271 | 260 | 268 | 240 | 342 | 343 | 325 | 357 | 396 | 404 | 544 | 549 | |
Operating Profit | 26 | 10 | 18 | 10 | -6 | 17 | 17 | 9 | 11 | 19 | 14 | 30 | 17 |
OPM % | 8% | 4% | 6% | 4% | -2% | 5% | 5% | 3% | 3% | 5% | 3% | 5% | 3% |
1 | 1 | 1 | 1 | 10 | 0 | 2 | 3 | 2 | 1 | 1 | 1 | 1 | |
Interest | 3 | 1 | 1 | 2 | 4 | 3 | 3 | 4 | 6 | 7 | 7 | 6 | 7 |
Depreciation | 3 | 4 | 4 | 5 | 7 | 6 | 5 | 5 | 6 | 7 | 8 | 9 | 9 |
Profit before tax | 22 | 7 | 13 | 4 | -7 | 9 | 10 | 3 | 2 | 6 | 0 | 15 | 2 |
Tax % | 33% | 30% | 35% | 35% | 35% | 35% | 33% | 39% | 29% | 17% | -200% | 24% | |
Net Profit | 15 | 5 | 8 | 3 | -4 | 6 | 7 | 2 | 2 | 5 | 0 | 12 | 2 |
EPS in Rs | 13.49 | 4.55 | 7.83 | 2.49 | -4.04 | 5.24 | 6.27 | 1.66 | 1.44 | 4.65 | 0.03 | 10.83 | 1.44 |
Dividend Payout % | 19% | 44% | 32% | 60% | -12% | 29% | 40% | 121% | 105% | 0% | 0% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 10% |
3 Years: | 16% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 12% |
3 Years: | 123% |
TTM: | -88% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | -2% |
3 Years: | 0% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | |
Reserves | 26 | 27 | 32 | 32 | 25 | 29 | 147 | 148 | 148 | 151 | 152 | 165 | 165 |
11 | 2 | 8 | 9 | 24 | 40 | 45 | 63 | 75 | 97 | 99 | 98 | 115 | |
50 | 41 | 42 | 46 | 56 | 44 | 37 | 34 | 57 | 72 | 80 | 58 | 40 | |
Total Liabilities | 98 | 81 | 92 | 98 | 116 | 124 | 240 | 256 | 290 | 331 | 341 | 331 | 331 |
35 | 35 | 36 | 38 | 30 | 26 | 142 | 146 | 151 | 158 | 161 | 170 | 166 | |
CWIP | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 3 | 4 | 7 | 6 | 3 | 11 |
Investments | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
59 | 44 | 54 | 59 | 84 | 96 | 96 | 106 | 135 | 167 | 174 | 158 | 153 | |
Total Assets | 98 | 81 | 92 | 98 | 116 | 124 | 240 | 256 | 290 | 331 | 341 | 331 | 331 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
24 | 18 | 1 | 10 | -5 | -12 | 15 | 3 | 2 | 6 | 23 | 23 | |
-3 | -2 | -6 | -6 | -2 | -1 | -10 | -14 | -6 | -15 | -9 | -17 | |
-21 | -15 | 2 | -4 | 8 | 13 | -5 | 12 | 3 | 9 | -12 | -8 | |
Net Cash Flow | -1 | 1 | -3 | -0 | 1 | -0 | -1 | 1 | -1 | -0 | 2 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 12 | 10 | 15 | 19 | 27 | 26 | 27 | 28 | 31 | 28 | 33 | 23 |
Inventory Days | 74 | 62 | 95 | 98 | 173 | 107 | 107 | 124 | 152 | 176 | 163 | 99 |
Days Payable | 66 | 25 | 35 | 50 | 115 | 38 | 34 | 31 | 66 | 76 | 78 | 34 |
Cash Conversion Cycle | 20 | 46 | 74 | 66 | 85 | 95 | 100 | 121 | 118 | 128 | 118 | 87 |
Working Capital Days | 8 | 0 | 17 | 17 | 39 | 51 | 58 | 74 | 77 | 78 | 81 | 64 |
ROCE % | 49% | 17% | 31% | 11% | -21% | 17% | 9% | 3% | 3% | 5% | 3% | 8% |
Documents
Announcements
- Board Meeting Intimation for Notice For The Board Meeting 2 Feb
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 Jan
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - In accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st December 2022, please find enclosed the copies …
- Closure of Trading Window 26 Dec 2022
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Product Portfolio
The company's product portfolio includes jute yarn, jute cotton bags, jute geotextiles, jute hessian bags, lifestyle products, jute tape/ webbing, jute sacking bags, and other jute items.[1]