Ludlow Jute & Specialities Ltd.
Snapshot View

87.25 +0.80 ▲0.9%

23 July 2021, 04:00:00 P.M.
Volume: 11,490

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Weaving Compare with Industry peers
Website http://www.ludlowjute.com
Financial Indicators
Market Cap 93.56 Cr.
Earnings per share (EPS) 0.03 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share 150.86 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.58 Calculated using Price: 86.85
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.08 Cr. 10,773,120 Shares
FaceValue 10
Company Profile

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.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.93%
1 Week
-1.69%
1 Month
+6.47%
3 Month
+19.77%
6 Month
+5.44%
1 Year
-4.12%
2 Year
+71.41%
5 Year
+42.92%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 14.15 21.94 6.47 -11.16 14.92 6.82 1.13 0.98 3.12
Return on Capital Employed (%) 21.99 33.34 12.10 -4.33 16.85 9.11 3.36 3.43 5.39
Return on Assets (%) 5.49 9.76 2.82 -4.06 4.71 3.70 0.72 0.57 1.61

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 38 43 43 36 40 158 159 158 162
Non Curr. Liab. 3 7 10 6 6 5 14 24 24
Curr. Liab. 39 43 46 73 78 77 83 107 145
Minority Int.
Equity & Liab. 81 92 98 116 124 240 256 290 331
Non Curr. Assets 38 40 41 33 29 147 156 159 170
Curr. Assets 43 52 57 83 95 93 100 131 161
Misc. Exp. not W/O
Total Assets 81 92 98 116 124 240 256 290 331

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 281 275 276 232 355 359 334 369 415
Other Income 1 1 1 1 0 2 3 2 1
Total Income 282 276 276 233 356 361 337 371 416
Total Expenditure -269 -257 -266 -238 -338 -343 -325 -357 -396
PBIDT 13 19 11 -5 18 18 12 13 20
Interest -2 -1 -2 -4 -3 -3 -4 -6 -7
Depreciation -4 -4 -5 -7 -6 -5 -5 -6 -7
Taxation -2 -5 -1 2 -3 -3 -1 -1 -1
Exceptional Items 9
PAT 5 8 3 -4 6 7 2 2 5

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 18 1 10 -5 -12 15 3 2 6
Cash Fr. Inv. -2 -6 -6 -2 -1 -10 -14 -6 -15
Cash Fr. Finan. -15 2 -4 8 13 -5 12 3 9
Net Change 1 -3 0 1 0 -1 1 -1 0
Cash & Cash Eqvt 3 1 0 1 1 0 1 0 0

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 67.20 67.20 67.20 67.20 67.20 67.20 67.20 67.20 67.20
Public 32.80 32.80 32.80 32.80 32.80 32.80 32.80 32.80 32.80
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sat, 17 Jul 2021
Shareholding for the Period Ended June 30 2021
Ludlow Jute & Specialities Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 14 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0220
Name of the Signatory :- PRATIBHA JAISWAL
Designation :- Company Secretary and Compliance Officer
Wed, 14 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
In accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30th June 2021 please find enclosed the copies of intimation sent to the National Securities Depositories Ltd. and Central Depository Services (India) Ltd. with reference to the securities received for dematerialization.

Technical Scans View Details

Fri, 23 Jul 2021
Both SRS And ARS Below Zero Both SRS And ARS Below Zero
ATR Decreasing for 3 Days ATR Decreasing for 3 Days
Stochastic In Oversold Zone Stochastic In Oversold Zone
Thu, 22 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Both SRS And ARS Below Zero Both SRS And ARS Below Zero

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