Ludlow Jute & Specialities Limited
BBSE:LUDLOWJUT282.85
INR
+6.85
(+2.48%)
ISIN
INE983C01015
Return %
Stock
S&P 500
1Y
-29.83
14.20
3Y
230.63
81.12
5Y
215.86
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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- CEO
- Ashish Chandrakant Agrawal
- Full Time Employees
- 705
- Sector
- Process industries
- Industry
- Textiles
- Address
- Kankaria Estate Kolkata WB India 700071
- IPO Date
- Sep 20, 1993
- Website
- ludlowjute.com
- Similar Companies
- Business
- Ludlow Jute & Specialities Limited specializes in the manufacture and sale of jute products and related textiles, operating primarily in India with export markets internationally. Founded in 1921 and headquartered in Kolkata, West Bengal, the company’s product portfolio includes sacking bags, jute and cotton bags, jute felt, jute gunny bags, hessian cloths, non-woven jute products, jute tape and webbing, jute yarns, woven cotton bags, and lifestyle products derived from jute. It also produces specialized items such as jute mesh/scrim for roofing, agriculture and horticulture applications, rubber-bonded jute cloth for landscaping, jute soil saver geo-textiles for erosion control, jute sandbags used in riverbank and slope protection, and colored jute tapes for crafts and packaging. The company holds certifications including ISO 9001, 14001, and Oeko-Tex, highlighting its commitment to quality and sustainability. Ludlow operates as part of the Kanoria Group and sources raw jute to convert it into standardized jute-based products primarily for B2B customers involved in packaging, agriculture, furnishings, and industrial applications. It faces a competitive landscape characterized by commodity pricing and low customer switching costs, focusing on cost management and volume to drive sales. Recent developments include a significant financial turnaround in 2025, with Ludlow reporting a net profit of Rs 6.86 crore for the quarter ended September 2025, reversing a previous loss and demonstrating improved profitability alongside a 70.71% increase in sales to Rs 135.15 crore compared to the previous year quarter. The company has shown operational resilience following a period of lower sales and muted export demand. Ludlow continues to innovate within its product range, expanding applications for jute in eco-friendly and sustainable product lines, and actively engages in government supply contracts. The company also reappointed key management personnel in 2025 and maintains its strategic focus on enhancing product quality and expanding market reach within India and abroad. Ludlow Jute thus remains a prominent player in the Indian jute industry, blending traditional jute manufacturing expertise with contemporary product innovation and sustainability initiatives to serve industrial, agricultural, and lifestyle markets. Its operations are largely based in India, leveraging its historic presence and manufacturing capacity near Kolkata, while serving both domestic and international customers. This description incorporates both the main products and services as well as the latest significant financial and operational developments up to late 2025.