Southern Latex Ltd
Incorporated in 1989, Southern Latex Ltd manufactures and sells rubberized coir products[1]
- Market Cap ₹ 19.6 Cr.
- Current Price ₹ 26.6
- High / Low ₹ 41.4 / 18.0
- Stock P/E 81.5
- Book Value ₹ 9,20,145
- Dividend Yield 0.00 %
- ROCE 4.16 %
- ROE 3.48 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.00 times its book value
Cons
- Company has a low return on equity of 4.70% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.16 | 0.41 | 0.14 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
1.10 | 0.46 | 0.34 | 0.24 | 0.22 | 0.20 | 0.23 | 0.20 | 0.22 | 0.23 | 25,968.31 | 24,789.03 | 0.25 | |
Operating Profit | 0.06 | -0.05 | -0.20 | -0.23 | -0.22 | -0.20 | -0.23 | -0.20 | -0.22 | -0.23 | -25,968.31 | -24,789.03 | -0.25 |
OPM % | 5.17% | -12.20% | -142.86% | -2,300.00% | |||||||||
0.07 | 0.46 | 0.42 | 0.45 | 0.45 | 0.46 | 0.49 | 0.46 | 0.48 | 0.54 | 55,252.20 | 53,902.20 | 0.54 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.70 | 255.02 | 0.00 |
Depreciation | 0.09 | 0.27 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 1,425.87 | 1,425.87 | 0.00 |
Profit before tax | 0.04 | 0.14 | 0.16 | 0.17 | 0.19 | 0.23 | 0.23 | 0.24 | 0.24 | 0.30 | 27,843.32 | 27,432.28 | 0.29 |
Tax % | 25.00% | 21.43% | 18.75% | 17.65% | 21.05% | 21.74% | 17.39% | 20.83% | 20.83% | 20.00% | 15.60% | 15.60% | |
0.03 | 0.11 | 0.13 | 0.14 | 0.15 | 0.19 | 0.19 | 0.19 | 0.20 | 0.24 | 23,499.76 | 23,152.85 | 0.24 | |
EPS in Rs | 0.04 | 0.15 | 0.18 | 0.19 | 0.20 | 0.26 | 0.26 | 0.26 | 0.27 | 0.33 | 31,932.49 | 31,461.10 | 0.32 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | % |
Compounded Profit Growth | |
---|---|
10 Years: | 252% |
5 Years: | 952% |
3 Years: | 4774% |
TTM: | 4% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 37% |
3 Years: | 13% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 735,920.00 | 735,920.00 |
Reserves | -2.59 | -2.48 | -2.35 | -2.21 | -2.05 | -1.87 | -1.68 | -1.49 | -1.29 | -1.05 | -81,919.69 | -58,766.84 |
0.10 | 0.10 | 0.10 | 0.08 | 0.07 | 0.13 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | |
0.10 | 0.05 | 0.02 | 0.02 | 0.03 | 0.07 | 0.07 | 0.11 | 0.16 | 0.17 | 11,699.24 | 13,249.16 | |
Total Liabilities | 4.97 | 5.03 | 5.13 | 5.25 | 5.41 | 5.69 | 5.76 | 5.99 | 6.24 | 6.48 | 665,699.55 | 690,402.32 |
1.22 | 0.87 | 0.81 | 0.76 | 0.71 | 0.68 | 0.65 | 0.63 | 0.61 | 0.59 | 57,932.86 | 56,507.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
3.75 | 4.16 | 4.32 | 4.49 | 4.70 | 5.01 | 5.11 | 5.36 | 5.63 | 5.89 | 607,766.69 | 633,895.32 | |
Total Assets | 4.97 | 5.03 | 5.13 | 5.25 | 5.41 | 5.69 | 5.76 | 5.99 | 6.24 | 6.48 | 665,699.55 | 690,402.32 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.10 | 0.24 | -0.12 | -0.26 | -0.30 | -0.31 | -0.27 | -0.29 | -0.28 | -0.30 | -34,493.26 | -22,466.68 | |
-0.04 | -0.11 | -0.06 | 0.30 | 0.30 | 0.30 | 0.32 | 0.30 | 0.30 | 0.30 | 29,902.20 | 29,902.20 | |
0.00 | 0.00 | 0.00 | -0.02 | -0.01 | 0.06 | -0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.06 | 0.13 | -0.18 | 0.02 | -0.01 | 0.04 | -0.07 | 0.01 | 0.02 | 0.00 | -4,591.06 | 7,435.52 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 110.13 | 160.24 | 312.86 | 730.00 | ||||||||
Inventory Days | 118.84 | 109.50 | 0.00 | |||||||||
Days Payable | 38.20 | 60.83 | ||||||||||
Cash Conversion Cycle | 190.77 | 208.91 | 312.86 | 730.00 | ||||||||
Working Capital Days | 1,120.17 | 3,418.54 | 10,923.93 | 160,965.00 | ||||||||
ROCE % | 2.71% | 2.23% | 3.17% | 3.29% | 3.77% | 4.18% | 3.89% | 4.15% | 4.01% | 4.84% | 8.52% | 4.16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Copies of Newspaper Advertisement pertaining to the 36th Annual General Meeting.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Regulation,2015, herewith enclosing the Newspaper advertisement published for giving Public Notice to the Members intimating that the 36th Annual general Meeting will be held on …
- Submission Of Notice For The 36Th AGM To Be Held On Wednesday, 10Th September,2025 18 Aug
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Reg. 34 (1) Annual Report.
18 Aug - Annual Report FY2024-25 filed; total income Rs53.90L, net profit Rs23.15L; no dividend.
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Submission Of Annual Report For The Financial Year 2024-25 As Per Regulation 34(1) Of SEBI (LODR) Regulation 2015.
18 Aug - 36th AGM on 10 Sep 2025 via VC; appoints Ms Ashitha K independent director and Span & Co. secretarial auditor.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Business Overview:[1][2][3]
Company was incorporated to carry on the business of manufacturing, processing, selling of rubberized coir products and also trading of coir and its related products. However, with change in policy and demand of market, the business went down and the company was not able to grow. At present, management is exploring all options to bring new business to Company. It has identified new product lines and are in the process of being implemented. Also, company is planning to venture into new business opportunities and diversify its operations