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Ludlow Jute & Specialities Limited

Ludlow Jute & Specialities Limited

BBSE:LUDLOWJUT
274.95
INR
-7.90
(-2.79%)
16.78EPS
19.72P/E
3.57BMarket Cap
Ludlow Jute & Specialities Limited
BSE:LUDLOWJUT
(Bombay Stock Exchange)

Recent

price

274.95

P/E

ratio

19.72

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
293.4
260.79
255.36
255.92
215.41
329.88
325.65
303.85
336.19
380.19
384.61
535.26
504.22
439.29
276.88
491.48
564
Revenue per Share
13.49
4.6
7.88
2.53
-4
5.27
6.29
1.66
1.44
4.65
0.03
10.83
1.24
-11.64
-9.82
15
16.78
Basic EPS, GAAP
16.71
12.09
-4.52
3.06
-6.37
-12.71
4.07
-10.8
-5.68
-10.07
11.89
5.36
-12.18
9.83
-15.73
-46.86
- -
Free Cash Flow per Basic Share
1.69
2.81
1.92
2.39
1.5
0.5
1.5
2.5
2
1.5
- -
- -
1.97
1.54
- -
- -
- -
Dividend per Share
33.99
35.61
39.81
39.82
33.68
142.14
147.26
146.3
147.07
150.4
150.89
163.19
164.39
153.29
155.72
172.82
- -
Book Value per Share
33.99
35.61
39.81
39.82
33.68
142.14
147.26
146.31
147.08
150.41
150.9
163.19
164.36
153.27
155.34
172.58
- -
Tangible Book Value per Share
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
Basic Weighted Avg Shares
3,161
2,810
2,751
2,757
2,321
3,554
3,508
3,273
3,622
4,096
4,143
5,766
5,432
4,733
2,983
5,295
6,083
Sales/Revenue/Turnover
7.64
2.94
5.09
1.96
-4.49
3.38
3.29
1.38
1.36
3.11
1.71
3.4
1.68
-1.73
-0.65
6.81
6.36
Operating Margin (%)
27
36
41
46
71
59
53
52
56
71
76
85
84
89
106
63
67
Depreciation Expense
145
50
85
27
-43
57
68
18
16
50
- -
117
13
-125
-106
162
181
Net Income, GAAP
33.16
29.19
34.88
35.36
- -
34.58
33.01
39.54
28.9
17.14
- -
24.24
36.4
- -
- -
26.85
25.73
Effective Tax Rate (%)
4.6
1.76
3.09
0.99
-1.86
1.6
1.93
0.55
0.43
1.22
0.01
2.02
0.25
-2.65
-3.55
3.05
2.98
Profit Margin (%)
-8
53
113
128
115
190
186
170
241
161
179
193
182
-114
133
299
- -
Working Capital
- -
11
28
50
43
34
19
97
194
192
209
154
304
160
401
578
- -
LT Debt
366
392
438
438
372
1,541
1,596
1,586
1,584
1,620
1,626
1,758
1,771
1,651
1,678
1,862
- -
Total Equity
28.99
11.41
17.94
4.47
- -
4.36
3.65
1.62
2.05
4.29
- -
6.12
2.14
- -
- -
7.39
- -
Return on Invested Capital (%)
28.99
11.21
18.54
7.43
- -
5.79
4.18
1.96
2.38
4.36
- -
6.06
2.02
- -
- -
7.43
- -
Return on Capital (%)
46.4
13.21
20.91
6.34
-10.88
5.99
4.34
1.13
0.98
3.12
0.02
6.9
0.76
-7.33
-6.35
9.13
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,558
- -
LT Borrowings
- -
578
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
2,772
1,778
3,566

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,304
- -
Cash, Cash Equivalents & STI
- -
50
- -
Accounts Receivable, Net
- -
542
- -
Inventories
- -
1,495
- -
Total Current Liabilities
- -
2,005
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,558
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.02%
2.94%
10.98%
Free Cash Flow
-131.01%
-125%
197.86%
Net Income, GAAP
3,645.76%
7,280.5%
-252.82%
Sales/Revenue/Turnover
7.79%
12.2%
77.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
746
792
524
948
2,983
2026
1,130
1,352
1,355
1,482
5,295
2027
1,895
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-6.48
-3.25
-2.41
2.33
-9.82
2026
4.17
6.35
3.18
1.28
15
2027
5.97
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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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.