BSE:526179

Stock Analysis Report

Ludlow Jute & Specialities

Executive Summary

Ludlow Jute & Specialities Limited manufactures and sells jute goods primarily in India.


Snowflake Analysis

Solid track record and good value.

Share Price & News

How has Ludlow Jute & Specialities's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526179 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.5%

526179

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

39.0%

526179

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: 526179 exceeded the Indian Luxury industry which returned 18.2% over the past year.

Return vs Market: 526179 exceeded the Indian Market which returned 10.7% over the past year.


Shareholder returns

526179IndustryMarket
7 Day-4.5%-0.5%-1.5%
30 Day-6.1%3.0%-2.7%
90 Day3.1%9.2%1.3%
1 Year43.6%39.0%19.0%18.2%12.7%10.7%
3 Year-4.6%-12.4%52.2%48.8%22.0%15.1%
5 Year306.6%257.8%106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

How volatile is Ludlow Jute & Specialities's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ludlow Jute & Specialities undervalued compared to its fair value and its price relative to the market?

23.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 526179 (₹78.35) is trading below our estimate of fair value (₹102.7)

Significantly Below Fair Value: 526179 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 526179 is poor value based on its PE Ratio (12.5x) compared to the Luxury industry average (11.2x).

PE vs Market: 526179 is good value based on its PE Ratio (12.5x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526179's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526179 is good value based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Ludlow Jute & Specialities forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ludlow Jute & Specialities has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Ludlow Jute & Specialities performed over the past 5 years?

21.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526179 has high quality earnings.

Growing Profit Margin: 526179's current net profit margins (1.6%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: 526179 has become profitable over the past 5 years, growing earnings by 21.3% per year.

Accelerating Growth: 526179's earnings growth over the past year (318.7%) exceeds its 5-year average (21.3% per year).

Earnings vs Industry: 526179 earnings growth over the past year (318.7%) exceeded the Luxury industry 5.6%.


Return on Equity

High ROE: 526179's Return on Equity (4.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Ludlow Jute & Specialities's financial position?


Financial Position Analysis

Short Term Liabilities: 526179's short term assets (₹1.1B) exceed its short term liabilities (₹945.7M).

Long Term Liabilities: 526179's short term assets (₹1.1B) exceed its long term liabilities (₹244.8M).


Debt to Equity History and Analysis

Debt Level: 526179's debt to equity ratio (43.3%) is considered high.

Reducing Debt: 526179's debt to equity ratio has reduced from 52.1% to 43.3% over the past 5 years.

Debt Coverage: 526179's debt is well covered by operating cash flow (31.9%).

Interest Coverage: 526179's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet

Inventory Level: 526179 has a high level of physical assets or inventory.

Debt Coverage by Assets: 526179's debt is covered by short term assets (assets are 1.6x debt).


Next Steps

Dividend

What is Ludlow Jute & Specialities's current dividend yield, its reliability and sustainability?

1.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 526179's dividend (1.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 526179's dividend (1.91%) is low compared to the top 25% of dividend payers in the Indian market (2.58%).


Stability and Growth of Payments

Stable Dividend: 526179's dividend payments have been volatile in the past 10 years.

Growing Dividend: 526179's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.9%), 526179's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average board tenure


CEO

Tonmoy Bera 0

1yrs

Tenure

₹3,841,516

Compensation

Mr. Tonmoy Bera serves as Managing Director and Director of Ludlow Jute & Specialities Limited since February 01, 2019. 


CEO Compensation Analysis

Compensation vs Market: Tonmoy's total compensation ($USD53.68K) is about average for companies of similar size in the Indian market ($USD50.34K).

Compensation vs Earnings: Insufficient data to compare Tonmoy's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Tonmoy Bera
MD & Director1yrs₹3.84mno data
Rajya Kanoria
Non-Executive Chairman5.3yrs₹80.00k0.096% 803.9k
Biswajit Choudhuri
Non-Executive Independent Director12.7yrs₹160.00kno data
Satish Kapur
Non-Executive Independent Director11.1yrs₹140.00k0.0093% 78.0k
Jugal Bhagat
Non-Executive & Independent Director20.1yrs₹158.00kno data
Nayantara Palchoudhuri
Non-Executive Independent Director5.4yrs₹140.00kno data
Bharat Jalan
Non-Executive Independent Director1.8yrs₹130.00kno data

5.4yrs

Average Tenure

70yo

Average Age

Experienced Board: 526179's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ludlow Jute & Specialities Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ludlow Jute & Specialities Limited
  • Ticker: 526179
  • Exchange: BSE
  • Founded: 1979
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹840.842m
  • Shares outstanding: 10.77m
  • Website: https://www.ludlowjute.com

Number of Employees


Location

  • Ludlow Jute & Specialities Limited
  • KCI Plaza
  • 4th Floor
  • Kolkata
  • West Bengal
  • 700019
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526179BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2007

Biography

Ludlow Jute & Specialities Limited manufactures and sells jute goods primarily in India. Its products include jute, polished, blended, bleached, and dyed jute yarns; hessian, tea bag, and sacking clothes, as well as hessian and sacking bags; and jute tapes/ribbons, sapling bags, soil savers, intermass bags, filtermitts/tubes, curlex blocs, square sheets, leno scrims, cord yarns/binder twines/garden twines/rope yarns, and leaf sacks. The company also offers jute webbings, blended fabrics, union fabrics, bleached fabrics, hessian scrims, scrim clothes, roofing felt scrims, food grade jute packaging products, net fabrics, basketweave clothes, dyed fabrics, soft luggage, jute matting, herringbone matting, jute felt, horticulture scrims, geo jute, agro fabrics, and gardening twine. It also exports its products to Australia, Italy, Switzerland, Belgium, Jordan, Japan, Canada, Morocco, Turkey, Dubai, the Netherlands, the United Arab Emirates, Egypt, South Korea, Peru, the United Kingdom, France, Portugal, the United States, Germany, Spain, Greece, South Africa, Indonesia, Israel, Oman, Saudi Arabia, Sri Lanka, and South America. The company was formerly known as Aekta Limited and changed its name to Ludlow Jute & Specialities Limited in May 2008. The company was incorporated in 1979 and is headquartered in Kolkata, India. Ludlow Jute & Specialities Limited is a subsidiary of R V Investment & Dealers Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 12:53
End of Day Share Price2020/02/19 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.