Ludlow Jute & Specialities Ltd

Ludlow Jute & Specialities Ltd

₹ 148 3.79%
22 Nov - close price
About

Incorporated in 1921, Ludlow Jute & Specialities Ltd manufactures and sale of Jute Goods[1]

Key Points

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

  • Market Cap 159 Cr.
  • Current Price 148
  • High / Low 211 / 77.0
  • Stock P/E
  • Book Value 145
  • Dividend Yield 0.00 %
  • ROCE -2.74 %
  • ROE -7.33 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.02 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.23% over past five years.
  • Company has a low return on equity of 0.07% over last 3 years.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
157.22 148.82 141.29 127.98 149.59 127.41 134.62 122.54 125.75 99.70 127.53 74.58 79.17
144.34 144.04 137.18 126.28 143.37 122.02 130.94 121.08 124.40 98.92 130.87 78.81 78.42
Operating Profit 12.88 4.78 4.11 1.70 6.22 5.39 3.68 1.46 1.35 0.78 -3.34 -4.23 0.75
OPM % 8.19% 3.21% 2.91% 1.33% 4.16% 4.23% 2.73% 1.19% 1.07% 0.78% -2.62% -5.67% 0.95%
0.04 0.06 0.14 0.33 0.71 0.01 -0.11 0.17 0.09 0.26 0.14 0.10 0.14
Interest 1.27 1.57 1.84 1.78 2.04 1.86 1.71 2.44 2.50 2.21 2.74 2.68 2.86
Depreciation 2.05 2.11 2.38 2.04 2.11 2.00 2.28 2.11 2.17 2.18 2.42 2.54 2.65
Profit before tax 9.60 1.16 0.03 -1.79 2.78 1.54 -0.42 -2.92 -3.23 -3.35 -8.36 -9.35 -4.62
Tax % 15.94% 19.83% 633.33% -25.14% 23.74% 31.17% 19.05% -25.00% -25.39% -25.07% -35.05% -25.35% -24.03%
8.07 0.93 -0.16 -1.34 2.12 1.06 -0.50 -2.19 -2.41 -2.51 -5.43 -6.98 -3.51
EPS in Rs 7.49 0.86 -0.15 -1.24 1.97 0.98 -0.46 -2.03 -2.24 -2.33 -5.04 -6.48 -3.26
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
278 278 234 359 359 334 369 415 419 582 547 476 381
260 268 240 342 343 325 357 396 404 552 530 475 387
Operating Profit 18 10 -6 17 17 9 11 19 14 30 17 0 -6
OPM % 6% 4% -2% 5% 5% 3% 3% 5% 3% 5% 3% 0% -2%
1 1 10 0 2 3 2 1 1 1 1 1 1
Interest 1 2 4 3 3 4 6 7 7 6 7 10 10
Depreciation 4 5 7 6 5 5 6 7 8 9 8 9 10
Profit before tax 13 4 -7 9 10 3 2 6 0 15 2 -18 -26
Tax % 35% 35% -35% 35% 33% 39% 29% 17% -200% 24% 36% -30%
8 3 -4 6 7 2 2 5 0 12 1 -13 -18
EPS in Rs 7.83 2.49 -4.04 5.24 6.27 1.66 1.44 4.65 0.03 10.83 1.24 -11.64 -17.11
Dividend Payout % 32% 60% -12% 29% 40% 121% 105% 0% 0% 19% 121% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 5%
3 Years: 4%
TTM: -25%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -356%
Stock Price CAGR
10 Years: 19%
5 Years: 13%
3 Years: 14%
1 Year: 82%
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 0%
Last Year: -7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 11 11 11 11 11 11 11 11 11 11 11 11
Reserves 32 32 25 29 147 148 148 151 152 165 166 154 145
8 9 24 40 45 63 75 97 99 98 121 120 126
42 46 56 44 37 34 57 72 80 58 69 80 54
Total Liabilities 92 98 116 124 240 256 290 331 341 331 367 366 336
36 38 30 26 142 146 151 158 161 170 180 190 185
CWIP 1 0 0 1 1 3 4 7 6 3 12 3 4
Investments 1 1 1 1 1 1 0 0 0 0 0 0 0
54 59 84 96 96 106 135 167 174 158 175 173 147
Total Assets 92 98 116 124 240 256 290 331 341 331 367 366 336

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 10 -5 -12 15 3 2 6 23 23 12 19
-6 -6 -2 -1 -10 -14 -6 -15 -9 -17 -25 -8
2 -4 8 13 -5 12 3 9 -12 -8 13 -12
Net Cash Flow -3 -0 1 -0 -1 1 -1 -0 2 -2 1 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 15 19 27 26 27 28 31 28 33 23 16 26
Inventory Days 95 98 173 107 107 124 152 176 163 99 149 164
Days Payable 35 50 115 38 34 31 66 76 78 34 51 80
Cash Conversion Cycle 74 66 85 95 100 121 118 128 118 87 114 110
Working Capital Days 17 17 39 51 58 74 77 78 81 63 71 71
ROCE % 31% 11% -21% 17% 9% 3% 3% 5% 3% 8% 3% -3%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.20% 67.20% 67.20% 67.20% 67.20% 67.20% 67.20% 67.20% 67.20% 67.20% 67.20% 67.20%
2.59% 4.34% 4.34% 4.34% 4.34% 4.34% 4.34% 0.00% 0.00% 0.00% 0.00% 0.00%
30.21% 28.46% 28.46% 28.47% 28.46% 28.46% 28.45% 32.81% 32.80% 32.80% 32.80% 32.79%
No. of Shareholders 12,22711,40810,99110,88210,62910,73910,64810,37511,82111,35910,9569,579

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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