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Southern Latex Overview

Southern Latex Ltd. is an Indian company engaged in the manufacturing and supply of latex-based products and allied chemical solutions. Its offerings typically include natural and synthetic latex, latex compounds, and specialty products used in industries such as healthcare, manufacturing, and consumer goods. The company emphasizes quality production, adherence to industry standards, and technological innovation to ensure durable and reliable latex products. Southern Latex Ltd. leverages modern manufacturing processes, skilled workforce, and s...Read More

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Southern Latex Key Financials

Market Cap ₹26 Cr.

Stock P/E 111.2

P/B 3.8

Current Price ₹35

Book Value ₹ 9.3

Face Value 10

52W High ₹89.9

Dividend Yield 0%

52W Low ₹ 24.3

Southern Latex Share Price

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Volume
Price

Southern Latex Quarterly Price

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Southern Latex Peer Comparison

Southern Latex Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0
Operating Profit 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 0 0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 0 0 0
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 0 0
Adjusted Earnings Per Share 0 0 0.3 0 0 0 0.3 0 0 0

Southern Latex Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 0 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 1 1 1 0
Total Income 1 1 0 0 0 0 0 0 1 1 1 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0 0 0
Operating Profit 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 0 0 0 0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 0 0 0 0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Adjusted Earnings Per Share 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 24% 22% 41% 18%
ROE Average 3% 4% 4% 3%
ROCE Average 4% 4% 4% 4%

Southern Latex Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 5 5 5 5 6 6 6 6 7 7
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 5 5 5 5 6 6 6 6 6 7 7
Fixed Assets 1 1 1 1 1 1 1 1 1 1 1
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 4 4 4 5 5 5 5 6 6 6 6
Total Assets 5 5 5 5 6 6 6 6 6 7 7

Southern Latex Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Cash Flow from Investing Activities -0 -0 0 0 0 0 0 0 0 0 0
Cash Flow from Financing Activities 0 0 -0 -0 0 -0 0 0 0 0 0
Net Cash Inflow / Outflow 0 -0 0 -0 0 -0 0 0 -0 -0 0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 -0 0 0

Southern Latex Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.15 0.18 0.19 0.21 0.25 0.25 0.26 0.27 0.32 0.32 0.31
CEPS(Rs) 0.52 0.26 0.25 0.26 0.3 0.29 0.29 0.29 0.34 0.34 0.33
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 6.63 6.81 7 7.21 7.46 7.72 7.98 8.25 8.57 8.89 9.2
Core EBITDA Margin(%) -12.51 -143.08 -3517.5 0 0 0 0 0 0 0 0
EBIT Margin(%) 34 113.67 2624.3 0 0 0 0 0 0 0 0
Pre Tax Margin(%) 33.98 113.44 2614.13 0 0 0 0 0 0 0 0
PAT Margin (%) 27.51 91.82 2116.01 0 0 0 0 0 0 0 0
Cash Profit Margin (%) 93.45 131.58 2823.02 0 0 0 0 0 0 0 0
ROA(%) 2.24 2.58 2.69 2.9 3.36 3.27 3.25 3.26 3.7 3.58 3.41
ROE(%) 2.32 2.65 2.75 2.96 3.45 3.36 3.31 3.34 3.8 3.66 3.48
ROCE(%) 2.81 3.22 3.35 3.62 4.27 4.16 4.09 4.13 4.7 4.34 4.16
Receivable days 233.96 383.35 3880.67 0 0 0 0 0 0 0 0
Inventory Days 165.6 114.45 0 0 0 0 0 0 0 0 0
Payable days 0 0 460.11 0 0 0 0 0 0 0 0
PER(x) 38.87 30.49 50.06 54.58 0 0 21.01 61.69 54.21 75.16 66.47
Price/Book(x) 0.89 0.8 1.36 1.59 0 0 0.68 2.02 2.02 2.7 2.27
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 10.39 28.42 1062.27 0 0 0 0 0 0 0 0
EV/Core EBITDA(x) 11.35 18.52 31.89 36.72 27.6 28.44 15.43 46.31 41.55 60.28 52.57
Net Sales Growth(%) -64.79 -64.91 -95.38 -100 0 0 0 0 0 0 0
EBIT Growth(%) 253.33 17.32 6.56 10.98 20.6 0.14 1.86 4.34 17.98 -4.3 -0.61
PAT Growth(%) 257.68 17.13 6.36 10.75 20.49 0.59 1.85 4.34 18.01 -0.04 -1.48
EPS Growth(%) 257.51 17.14 6.37 10.75 20.48 0.59 1.85 4.36 18.03 -0.06 -1.47
Debt/Equity(x) 0.02 0.02 0.02 0.01 0 0 0 0 0 0 0
Current Ratio(x) 78.12 209.87 196.79 158.31 70.73 78.33 47.82 35.89 36.78 58.16 52.83
Quick Ratio(x) 76.46 209.76 196.79 158.31 70.73 78.33 47.82 35.89 36.78 58.16 52.83
Interest Cover(x) 2231.14 497.84 258.05 167.51 1246.39 9139.67 0 0 0 1895.1 108.57
Total Debt/Mcap(x) 0.02 0.02 0.01 0.01 0 0 0 0 0 0 0

Southern Latex Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 55.95 55.95 55.95 55.95 55.95 60.81 60.81 60.81 60.81 65.57
FII 0 0 0 0 0 0 0 0 0 0
DII 3.9 3.9 3.9 3.9 3.9 3.9 3.9 3.9 3.9 3.9
Public 40.14 40.14 40.14 40.14 40.14 35.29 35.29 35.29 35.29 30.53
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Southern Latex News

Southern Latex Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 4% over the last 3 years.
  • Stock is trading at 3.8 times its book value.
  • Earnings include an other income of Rs. 1 Cr.
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