Ludlow Jute & Specialities Ltd
Incorporated in 1921, Ludlow Jute & Specialities Ltd manufactures and sale of Jute Goods[1]
- Market Cap ₹ 425 Cr.
- Current Price ₹ 395
- High / Low ₹ 555 / 140
- Stock P/E 243
- Book Value ₹ 148
- Dividend Yield 0.00 %
- ROCE 3.31 %
- ROE 1.10 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 62.6%
Cons
- Stock is trading at 2.68 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 3.73% over past five years.
- Company has a low return on equity of 4.77% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.3.62 Cr.
* 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
Commodities Forest Materials Paper, Forest & Jute Products Jute & Jute Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 130 | 154 | 169 | 191 | 316 | 284 | 278 | 278 | 234 | 359 | 359 | 334 | |
| 128 | 151 | 164 | 185 | 290 | 272 | 260 | 268 | 240 | 342 | 343 | 325 | |
| Operating Profit | 2 | 2 | 5 | 6 | 26 | 12 | 18 | 10 | -6 | 17 | 17 | 9 |
| OPM % | 2% | 1% | 3% | 3% | 8% | 4% | 6% | 4% | -2% | 5% | 5% | 3% |
| 2 | 5 | 3 | 6 | 1 | 1 | 1 | 1 | 11 | 1 | 2 | 4 | |
| Interest | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 2 | 4 | 3 | 3 | 4 |
| Depreciation | 1 | 2 | 2 | 3 | 3 | 4 | 4 | 5 | 7 | 6 | 5 | 5 |
| Profit before tax | 2 | 4 | 4 | 6 | 22 | 7 | 13 | 4 | -7 | 9 | 10 | 3 |
| Tax % | 33% | 32% | 45% | 40% | 33% | 29% | 35% | 35% | -35% | 35% | 33% | 39% |
| 1 | 3 | 2 | 3 | 15 | 5 | 9 | 3 | -4 | 6 | 7 | 2 | |
| EPS in Rs | 1.32 | 2.72 | 2.13 | 3.10 | 13.50 | 4.59 | 7.88 | 2.52 | -4.00 | 5.27 | 6.28 | 1.68 |
| Dividend Payout % | 0% | 37% | 47% | 48% | 19% | 44% | 32% | 60% | -13% | 29% | 40% | 119% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 4% |
| 3 Years: | 13% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -27% |
| 3 Years: | 29% |
| TTM: | -74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 36% |
| 3 Years: | 65% |
| 1 Year: | 136% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 1% |
| 3 Years: | 5% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 14 | 14 | 15 | 15 | 26 | 28 | 32 | 32 | 25 | 29 | 148 | 148 |
| 0 | 5 | 5 | 27 | 11 | 1 | 8 | 9 | 24 | 40 | 45 | 63 | |
| 24 | 48 | 53 | 64 | 50 | 42 | 43 | 47 | 57 | 45 | 38 | 35 | |
| Total Liabilities | 50 | 79 | 84 | 117 | 98 | 81 | 94 | 99 | 117 | 125 | 242 | 257 |
| 20 | 26 | 28 | 33 | 35 | 35 | 37 | 38 | 31 | 26 | 142 | 146 | |
| CWIP | 0 | 1 | 1 | 2 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 3 |
| Investments | 4 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 26 | 49 | 52 | 79 | 59 | 45 | 56 | 61 | 86 | 98 | 98 | 108 | |
| Total Assets | 50 | 79 | 84 | 117 | 98 | 81 | 94 | 99 | 117 | 125 | 242 | 257 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 2 | 8 | -8 | 24 | 18 | 1 | 10 | -5 | -12 | 14 | 3 | |
| -3 | -7 | -5 | -8 | -3 | -1 | -6 | -6 | -2 | -1 | -9 | -14 | |
| -1 | 4 | -2 | 18 | -21 | -15 | 2 | -4 | 8 | 13 | -5 | 12 | |
| Net Cash Flow | -1 | -2 | 1 | 1 | -1 | 2 | -2 | -0 | 1 | -0 | 0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 15 | 20 | 20 | 14 | 12 | 10 | 15 | 19 | 27 | 26 | 27 | 28 |
| Inventory Days | 77 | 182 | 178 | 216 | 74 | 62 | 95 | 98 | 173 | 107 | 107 | 124 |
| Days Payable | 81 | 166 | 175 | 154 | 66 | 25 | 35 | 50 | 115 | 38 | 34 | 31 |
| Cash Conversion Cycle | 10 | 36 | 23 | 76 | 20 | 46 | 74 | 66 | 85 | 95 | 100 | 121 |
| Working Capital Days | -2 | -1 | -8 | 21 | -4 | 0 | 11 | 13 | 11 | 15 | 15 | 16 |
| ROCE % | 12% | 19% | 18% | 21% | 49% | 20% | 31% | 11% | -20% | 17% | 9% | 3% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Nov - Copies of the newspaper publications of the Unaudited Financial Results for the quarter ended 30th September 2025 published by the Company in Business Standard and …
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FINANCIAL RESULT FOR THE QUAERTER ENDED SEPTEMBER 2025
7 Nov - Board approved unaudited Q2 results for quarter ended 30 Sep 2025; limited review, no modified opinion
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Board Meeting Outcome for UNAUDITED FINANCIAL RESULT FOR THE QUARTER ENDED SEPTEMBER 2025
7 Nov - Unaudited financial results for quarter ended 30 Sep 2025 approved; limited review; auditors unmodified opinion.
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Board Meeting Intimation for BOARD MEETING INTIMATION
3 Nov - Board meeting on 7 November 2025 to consider unaudited results for quarter ended 30 September 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - RTA and company filed SEBI Reg.74(5) compliance for dematerialisation for quarter ended 30 Sep 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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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
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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
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Business Overview[1]
Company is a part of the multinational Kanoria Group. It deals in jute products and the application of jute in fabrics for packaging, special yarn, scrim, and jute soil saver