Ludlow Jute & Specialities Limited (LUDLOWJUT.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-229.6%

-₹369.35

vs ₹285.00 price

Levered DCF

-₹568.67

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	11.03×	-16.86×	-7.31×	65.39×	7.68×	2,568.18×	10.66×	44.72×
P/B	0.96×	1.06×	0.55×	0.49×	0.51×	0.49×	0.33×	0.44×
P/S	0.34×	0.59×	0.19×	0.16×	0.16×	0.19×	0.13×	0.19×
EV / EBITDA	8.99×	36.55×	547.06×	11.51×	6.15×	11.83×	9.81×	20.74×
Gross margin	21.1%	45.5%	40.3%	27.7%	26.4%	25.7%	29.4%	29.6%
Operating margin	6.7%	-0.8%	-2.1%	1.2%	3.2%	0.8%	2.0%	0.4%
Net margin	3.0%	-3.5%	-2.6%	0.2%	2.0%	0.0%	1.2%	0.4%
Current ratio	1.15×	1.09×	0.94×	1.12×	1.14×	1.12×	1.11×	1.23×
Debt / equity	1.15×	0.88×	0.73×	0.68×	0.56×	0.61×	0.6×	0.47×
Interest coverage	2.44×	-0.2×	-1×	0.91×	2.9×	0.44×	1.14×	0.23×
Dividend yield	0.0%	0.0%	1.8%	2.4%	0.0%	0.0%	3.6%	3.1%
Payout ratio	0.0%	0.0%	-13.2%	158.7%	0.0%	0.0%	38.9%	138.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	8.7%	-6.3%	-7.6%	0.8%	6.6%	0.0%	3.1%	1.0%
Return on invested capital	6.4%	-0.6%	-2.4%	1.4%	5.1%	1.2%	2.6%	0.4%
Return on assets	3.6%	-3.0%	-3.4%	0.4%	3.5%	0.0%	1.5%	0.5%
Free cash flow yield	-35.4%	-9.5%	11.5%	-15.0%	6.4%	16.2%	-20.3%	-8.8%
Earnings yield	9.1%	-5.9%	-13.7%	1.5%	13.0%	0.0%	9.4%	2.2%
Enterprise value	₹3.9B	₹3.2B	₹2.1B	₹2.1B	₹1.9B	₹1.8B	₹1.5B	₹1.4B
Net debt / EBITDA	4.86×	16.48×	309.91×	6.64×	3.2×	6.51×	6.32×	10.72×
Cash conversion cycle (days)	142	218	82	102	82	108	113	108