Ludlow Jute & Specialities Ltd Stock Analysis

BSE: 526179 | NSE: | Textile - Weaving | Small Cap

BSE Share Price 27-Jan-2023 18:01
87.00 -1.10 (-1.25%)

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Ludlow Jute &Special Price Chart

P/E Ratio ( SA) :
60.47
Market Cap :
93.7 Cr.
52-wk low :
73.7
52-wk high :
112.5
Bole Toh?

1. Is Ludlow Jute & Specialities Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ludlow Jute & Specialities Ltd is a below average quality company.

2. Is Ludlow Jute & Specialities Ltd undervalued or overvalued?

The key valuation ratios of Ludlow Jute & Specialities Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Ludlow Jute & Specialities Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ludlow Jute & Specialities Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Ludlow Jute &Special:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ludlow Jute & Specialities Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 20.1%8%-14.1%10.8%5.9%1.8%2.1%4%2%6%-
Value Creation Index 0.4-0.4-2.0-0.2-0.6-0.9-0.9-0.7-0.9-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 275276232355359334369415419574566
YoY Gr. Rt. %-0.2%-15.8%53.1%1.1%-7.2%10.4%12.6%0.9%37.1%-
Adj EPS 7.52.6-10.155.90.80.94.4010.81.4
YoY Gr. Rt. %--65.8%-492.6%NA17.8%-87.2%16%403.5%-99.3%35833.3%-
BVPS (₹) 38.238.933.436.8146.9147.2147.1150.4150.9163.2162.8
Adj Net Profit 8.12.8-10.95.46.30.80.94.7011.62
Cash Flow from Ops. 1.210.3-5-11.814.53.12.25.822.722.8-
Debt/CF from Ops. 6.70.9-4.8-3.43.120.434.416.54.44.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.5%9.8%15.9%37.1%
Adj EPS 4.1%12.9%131.4%35833.3%
BVPS 17.52.13.58.2
Share Price 10.2% -4.7% 0.4% -3.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 206.5-27.614.26.40.50.62.906.90.9
Op. Profit Mgn % 6.53.9-2.44.94.62.73.14.73.45.23
Net Profit Mgn % 2.91-4.71.51.80.20.31.1020.3
Debt to Equity 0.20.20.710.30.40.50.60.60.60.1
Working Cap Days 6273109909610911713114610589
Cash Conv. Cycle 3744575066757578836213

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.92%

Net Profit is growing at healthy rate in last 3 years 131.40%

Debt to equity has declined versus last 3 years average to 0.55

Return on Equity has declined versus last 3 years average to 0.90%

Sales growth is not so good in last 4 quarters at 3.36%

Latest Financials - Ludlow Jute & Specialities Ltd.

Standalone Consolidated
TTM EPS (₹) 1.4 1.7
TTM Sales (₹ Cr.) 566 334
BVPS (₹.) 162.8 0
Reserves (₹ Cr.) 165 148
P/BV 0.53 0.00
PE 60.47 51.23
From the Market
52 Week Low / High (₹) 73.65 / 112.50
All Time Low / High (₹) 0.80 / 132.90
Market Cap (₹ Cr.) 93.7
Equity (₹ Cr.) 10.8
Face Value (₹) 10
Industry PE 12.9

Management X-Ray of Ludlow Jute &Special :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ludlow Jute &Special

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Ludlow Jute & Specialities Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ludlow Jute &Special on 27-Jan-2023 18:01 is : 87.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Jan-2023 18:01 the market cap of Ludlow Jute &Special stood at ₹ 93.73.
The latest PE ratio of Ludlow Jute &Special as of 27-Jan-2023 18:01 is 60.47.
The latest PB ratio of Ludlow Jute &Special as of 27-Jan-2023 18:01 is 0.53
The 52-week high of Ludlow Jute &Special is ₹ 112.5 and the 52-week low is ₹ 73.65.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Ludlow Jute &Special is ₹ 565.7 ( Cr.) .

About Ludlow Jute & Specialities Ltd

Ludlow Jute & Specialities Ltd., which has remained in the forefront of product innovation and technological breakthroughs was built by Ludlow Corp. of the U.S.A on the bank of the river Hooghly at Chengail in Howrah district of West Bengal. Besides its leadership status in the industry, Ludlow happens to be the only jute mill in India built by the Americans. The mill was purchased by S.S Kanoria group, one of India 's leading diversified business houses in 1977.

Not only has the new management been making adequate investment in modernization and installation of specialized equipment, but it also has heralded the introduction of a number of value added products as the blending of jute with other natural/manmade fibres.

Ludlow won the distinction of being the first jute mill in the world to get ISO-9002 certification for its entire range of jute products. Naturally, Ludlow products find great favour with buyers all over the world.

Ludlow has always been in the forefront of the Indian jute industry with innovative products. Equipped with state-of-the art machines from preparatory to finishing sections and manned by a highly skilled workforce, Ludlow has developed products like Jute Mesh/Scrim for Roofing Felt, Agriculture, Horticulture and Webbing for Furniture Industry, Rubber Bonded jute cloth for Landscaping, special fabrics for Furnishing and Apparel, Soil Saver known as Geo-textile and Carpet-backing Cloth. Ludlow products set the quality benchmark for the industry. Continuous modernization, focus on high value added products and strict quality control are some of the outstanding features of Ludlow, which exports nearly 45 percent of its production. The care for quality and after sale service has made the Ludlow brand equity strong. What makes Ludlow different from the rest in the industry is that from the very beginning it has zealously promoted a quality conscious culture. The culture is ingrained among all sections of Ludlow employees.

The company continues to invest heavily in sophisticated machinery and equipments. It has modernized various sections of the factory and reoriented workforce, thereby gaining the reputation of a forward looking, quality conscious organization with high productivity. Ludlow makes an aggressive marketing pitch to reach out to new markets as it continuously introduces new products to serve its existing markets.

Ludlow has the honour to be the first jute mill in the world to be recognized as an ISO 9002 company for all its products in 1994. Subsequently it obtained ISO 9001-2000 certification in recognition of its continued maintenance of quality standards.

Ludlow is ideally situated on the banks of the river Hooghly with 1.2 million sq. ft-constructed area within 100 acres of prime land. Driven by a strong sense of social and environmental responsibility, the company is maintaining the premises in the most eco-friendly way.

Ludlow is the only one in the industry which besides having an area of half million square feet in the mill's first floor has an additional space of half million square feet under the mills land for various production and service activities including storage. This will facilitate significant capacity expansion in the future.

Product range of the company includes:

Yarns

  • Jute yarn (single/Plied)
  • Blended yarn
  • Dref yarn
  • Bleached yarn
  • Polished yarn
  • Dyed jute yarn

Conventional Products

  • Hessian cloth of various width and specifications
  • Hessian Bags
  • Tea Bag Cloth
  • Sacking Cloth
  • Sacking Bags

Diversified Products

  • Jute Webbing
  • Basketweave Cloth
  • Blended Fabrics
  • Dyed Fabrics
  • Union Fabrics
  • Soft Luggage
  • Jute Matting
  • Herringbone Matting
  • Jute Felt (with and without carrier cloth)
  • Roofing Felt Scrim
  • Plaster Scrim
  • Horticulture Scrim
  • Food Grade Jute Packaging Cloth and Bags (Hydro Carbon Free Jute Products)
  • Leno Net Fabric
  • Drapes
  • Geo Jute
  • Agro Fabrics
  • Gardening Twine

Achievements/ recognition:

  • It conforms to the requirements of ISO 9001:2000.
  • Ludlow won the distinction of being the first jute mill in the world to get ISO-9002 certification for its entire range of jute products.
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