LUDLOWJUT
Ludlow Jute & Specialities financials
- Market cap
- ₹398 Cr
Quarterly results
Q1 FY27: revenue up 67.6%, net profit up 43.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 79 | 52 | 95 | 113 | 135 +71% | 136 +159% | 148 +56% | 189 +68% |
| EBITDA | 1 | 2 | 10 | 11 | 14 +1737% | 9 +521% | 8 −23% | 14 +28% |
| Net profit | -4 | -3 | 3 | 4 | 7 +295% | 3 +232% | 1 −45% | 6 +43% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −26.0% 1Y
1Y: ₹432.6 on 10 Sept 2025 → ₹320.1. High ₹442.55 (11 Sept 2025), low ₹165.05 (30 Mar 2026).
Financials, as filed
Revenue grew 5.8% a year over 2 years, FY24 to FY26. Operating margin widened to 7.9%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹476 Cr | ₹301 Cr | ₹532 Cr |
| Operating profit | ₹0 Cr | ₹8 Cr | ₹42 Cr |
| Operating margin | 0.1% | 2.7% | 7.9% |
| Interest | ₹10 Cr | ₹12 Cr | ₹15 Cr |
| Depreciation | ₹9 Cr | ₹11 Cr | ₹6 Cr |
| Net profit | ₹-13 Cr | ₹-11 Cr | ₹16 Cr |
| Net margin | -2.6% | -3.5% | 3.0% |
| Cash from operations | ₹19 Cr | ₹-5 Cr | ₹-18 Cr |
| Free cash flow | ₹11 Cr | ₹-17 Cr | ₹-50 Cr |
| ROCE | -3.0% | -1.0% | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹152 Cr | ₹165 Cr | ₹166 Cr | ₹154 Cr | ₹169 Cr | ₹175 Cr |
| Borrowings | ₹99 Cr | ₹98 Cr | ₹121 Cr | ₹120 Cr | ₹150 Cr | ₹214 Cr |
| Other liabilities | ₹80 Cr | ₹58 Cr | ₹69 Cr | ₹80 Cr | ₹45 Cr | ₹53 Cr |
| Total liabilities | ₹341 Cr | ₹331 Cr | ₹367 Cr | ₹366 Cr | ₹375 Cr | ₹452 Cr |
| Fixed assets | ₹161 Cr | ₹170 Cr | ₹180 Cr | ₹190 Cr | ₹198 Cr | ₹212 Cr |
| Capital work in progress | ₹6 Cr | ₹3 Cr | ₹12 Cr | ₹3 Cr | ₹6 Cr | ₹8 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹174 Cr | ₹158 Cr | ₹175 Cr | ₹173 Cr | ₹171 Cr | ₹232 Cr |
| Total assets | ₹341 Cr | ₹331 Cr | ₹367 Cr | ₹366 Cr | ₹375 Cr | ₹452 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 8% to 7,815.
- Promoters
- 67.2%
- Public
- 32.8%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 67.2%, Public 32.8%.Dec '23: Promoters 67.2%, Public 32.8%.Mar '24: Promoters 67.2%, Public 32.8%.Jun '24: Promoters 67.2%, Public 32.8%.Sep '24: Promoters 67.2%, Public 32.8%.Dec '24: Promoters 67.2%, Public 32.8%.Mar '25: Promoters 67.2%, Public 32.8%.Jun '25: Promoters 67.2%, Public 32.8%.Sep '25: Promoters 67.2%, Public 32.8%.Dec '25: Promoters 67.2%, Public 32.8%.Mar '26: Promoters 67.2%, Public 32.8%.Jun '26: Promoters 67.2%, Public 32.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Ganges Jute Private Limited newly disclosed 1.39% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Ludlow Jute & Specialities Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Panchjanya Distributors Private Limited | 67.21% | unchanged |
| Ratnabali Equity Private Limited | 7.34% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 4.87% | unchanged |
| Ganges Jute Private Limited | 1.39% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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