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Ludlow Jute & Specialities Ltd (526179)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526179 NSE: Textile - Weaving | Small Cap | Ludlow Jute &Special Share Price

₹337.70 -10.95 (-3.14%)

As on 24-Aug'26 16:59

Ludlow Jute & Specialities Ltd (526179)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526179 NSE: Textile - Weaving | Small Cap | Ludlow Jute &Special Share Price

₹337.70 -10.95 (-3.14%)

As on 24-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹364 Cr.
Current Price
₹337.7
52-Week Low / High
₹162 / 458
TTM EPS
₹16.8
TTM Sales
₹608 Cr.
Book Value per Share
₹178.8
P/E Ratio
20.10
Higher than its 5-year historical median
Industry PE
15.2
Price to Book (P/B)
1.89
Higher than its 5-year historical median
Price to Sales (P/S)
0.60
Higher than its 5-year historical median
EV/EBITDA
12.37
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
9.13%
Return on Capital Employed (ROCE)
10.31%
Return on Assets (ROA)
4.01%
Operating Profit Margin
7.9%
Net Profit Margin
3.04%
Gross Profit Margin
5.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
76.75%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
419.83%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
67.21%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹182 Cr.
Equity
₹10.8 Cr.
Face Value
₹10
All Time Low / High
₹0.80 / 555.00

Ludlow Jute & Specialities stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Ludlow Jute & Specialities Ltd a good quality company?
Ludlow Jute & Specialities Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Ludlow Jute & Specialities Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ludlow Jute & Specialities Ltd vs industry peers?
Ludlow Jute & Specialities Ltd revenue CAGR is 4.90%, compared to the industry median CAGR of 4.90%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Ludlow Jute & Specialities Ltd?
Promoters hold 67.21% of the Ludlow Jute & Specialities Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ludlow Jute & Specialities Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 18.8% based on the current price.

10 Year X-Ray :

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

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 9.1%3.4%3.4%5.4%2.8%8.2%3.3%-2.7%-0.6%10.3%-
Value Creation
Index
-0.4-0.8-0.8-0.6-0.8-0.4-0.8-1.2-1.0-0.3-

Growth Parameters

Sales 359334369415419582547476301532608
Sales YoY Gr.--7.2%10.4%12.6%0.9%39.1%-6.1%-13%-36.7%76.8%-
Adj EPS 5.90.80.94.4010.81.3-11.7-9.814.716.8
YoY Gr.--87.2%16%403.5%-99.3%35833.3%-88.4%-1037.6%NANA-
BVPS (₹) 146.9147.2147.1150.4150.9163.2164.4153.3155.7172.8178.8
Adj Net
Profit
6.30.80.94.7011.61.4-12.6-10.515.918
Cash Flow from Ops. 14.53.12.25.822.722.812.218.9-5.5-17.8-
Debt/CF from Ops. 3.120.434.416.54.44.29.96.3-26.8-12-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 4.5%4.9%-0.9%76.8%
Adj EPS 10.8%245.4%127.6%NA
BVPS1.8%2.8%1.7%11%
Share Price 18.4% 31.4% 60.3% -19.2%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
6.40.50.62.906.90.8-7.4-6.399.6
Op. Profit
Mgn %
4.62.73.14.73.45.13.10.12.87.97.5
Net Profit
Mgn %
1.80.20.31.1020.3-2.7-3.533
Debt to
Equity
0.30.40.50.60.60.60.70.70.91.2-
Working Cap
Days
9610911713114610411113120013363
Cash Conv.
Cycle
66757578836170811249610

Valuation of Ludlow Jute &Special - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales359334369415419582547476301532
Operating Expenses + 343325357396404552530475293490
Manufacturing Costs43444852486068603850
Material Costs202184210240259364325277164333
Employee Cost 8183879080921011006381
Other Costs 17141213173636382826
Operating Profit 17911191430170842
Operating Profit Margin (%) 4.6%2.7%3.0%4.7%3.4%5.1%3.1%0.1%2.7%7.9%
Other Income + 2321111111
Exceptional Items 0000000000
Interest 3467767101215
Depreciation 55678989116
Profit Before Tax 103260152-18-1422
Tax 3111-041-5-46
Profit After Tax 72250121-13-1116
PAT Margin (%) 1.9%0.5%0.4%1.2%0.0%2.0%0.3%-2.6%-3.5%3.0%
Adjusted EPS (₹)6.31.71.44.70.010.81.2-11.6-9.815.0
Dividend Payout Ratio (%)39.90%120.10%104%0%0%18.50%120.50%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 158159158162163176177165168186
Share Capital 11111111111111111111
Reserves 147148148151152165166154157175
Debt +446374929997113110141206
Long Term Debt2101919211530164058
Short Term Debt4253557378828394101148
Minority Interest0000000000
Trade Payables19163850563445602529
Others Liabilities 19191927242833282131
Total Liabilities 240256290331341335368363354452

Fixed Assets

Net Fixed Assets +142146151158161170180190192212
Gross Block229238248262273287305323334361
Accumulated Depreciation879297104111116125133143149
CWIP 13476312328
Investments 1100000000
Inventories59638811611698133124110150
Trade Receivables26263232383624342455
Cash Equivalents 1211322114
Others Assets 10151418162616112624
Total Assets 240256290331341335368363354452
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 1532623231219-5-18
PBT 103260152-18-1422
Adjustment 891014151515182321
Changes in Working Capital -1-8-8-116-3-419-14-60
Tax Paid -3-1-2-32-4-1-0-0-0
Cash Flow From Investing Activity + -10-14-6-15-9-17-25-8-12-36
Capex -10-15-8-17-9-17-25-8-11-33
Net Investments 0020-0-000-0-3
Others -0002010000
Cash Flow From Financing Activity + -51239-12-813-121754
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1810-12-613-142418
Interest Paid -3-4-6-7-8-7-7-10-10-13
Dividend Paid -2-3-2-200-2-200
Others 111118-651014349
Net Cash Flow -11-1-02-21-1-0-0
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)6.821.130.983.120.026.90.76-7.33-6.359.13
ROCE (%)9.113.363.435.392.828.183.33-2.74-0.5610.31
Asset Turnover Ratio1.971.341.351.341.241.721.561.30.841.32
PAT to CFO Conversion(x)2.141.511.2N/A1.9212N/AN/A-1.13
Working Capital Days
Receivable Days26.1028.4028.4027.9030.4023.3020.2022.5035.4027
Inventory Days61.6066.7074.5089.70101.3067.2077.1098.50141.7088.90
Payable Days37.1034.5046.806774.6045.1044.6069.309429.60

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Ludlow Jute & Specialities Ltd FAQs

The current trading price of Ludlow Jute &Special on 24-Aug-2026 16:59 is ₹337.7.

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 23-Aug-2026 the market cap of Ludlow Jute &Special stood at ₹363.8 Cr

The latest P/E ratio of Ludlow Jute &Special as of 23-Aug-2026 is 20.10.

The latest P/B ratio of Ludlow Jute &Special as of 23-Aug-2026 is 1.89.

The 52-week high of Ludlow Jute &Special is ₹458.4 and the 52-week low is ₹162.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ludlow Jute &Special is ₹608 ( Cr.) .

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

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

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.

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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