1. India Stocks

  2. •

    Finance

  3. •

    Financial conglomerates
Southern Latex Ltd.

Southern Latex Ltd.

BBSE:SOUTLAT
27.43
INR
-1.37
(-4.76%)
0.39EPS
89.53P/E
259.71MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.57
0.55
0.19
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
0.04
0.15
0.18
0.19
0.21
0.25
0.25
0.26
0.27
0.32
0.32
0.31
0.37
0.39
Free Cash Flow per Basic Share
0.14
0.32
-0.16
-0.35
-0.41
-0.42
-0.36
-0.39
-0.4
-0.41
-0.47
-0.31
-0.48
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
6.48
6.63
6.81
7
7.21
7.46
7.72
7.98
8.25
8.57
8.89
9.2
9.58
- -
Tangible Book Value per Share
6.48
6.63
6.81
7
7.21
7.46
7.72
7.98
8.25
8.57
8.89
9.2
9.58
- -
Basic Weighted Avg Shares
7
7
7
7
7
7
7
7
7
7
7
7
7
7
Sales/Revenue/Turnover
12
4
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
4.7
-75.44
-182.84
-4,224.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
3
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
1
1
1
2
2
2
2
2
2
2
2
3
3
Effective Tax Rate (%)
19.05
19.06
19.05
19.06
19.06
19.55
19.24
19.25
19.25
19.24
15.6
15.6
15.59
15.03
Profit Margin (%)
2.71
27.51
91.82
2,116.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
37
41
42
45
47
49
50
53
55
57
60
62
65
- -
LT Debt
1
1
1
1
1
1
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
48
49
50
52
53
55
57
59
61
63
65
68
70
- -
Return on Invested Capital (%)
-0.51
-0.09
0.29
-4.37
-4.16
-3.4
-3.55
-3.15
-3.15
-3.18
-3.54
-3.28
-2.59
- -
Return on Capital (%)
0.65
2.28
2.6
2.7
2.92
3.4
3.32
3.3
3.33
3.79
3.65
3.51
3.98
- -
Return on Common Equity (%)
0.66
2.32
2.65
2.75
2.96
3.45
3.36
3.31
3.34
3.8
3.66
3.48
3.98
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
308
189
260

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
63
65
- -
Cash, Cash Equivalents & STI
1
1
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.47%
3.72%
4.06%
Free Cash Flow
17.35%
8.19%
56.92%
Net Income, GAAP
7.97%
7.92%
18.79%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.01
0.01
0.01
0.29
0.31
2026
0.02
0.02
0.02
0.33
0.37
2027
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Namasivayam N. Pillai
Full Time Employees
4
Sector
Finance
Industry
Financial conglomerates
Address
No. 66, New Avadi Road Chennai TN India 600 010
IPO Date
Sep 19, 1994
Website
southernlatexlimited.com
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Business
Southern Latex Limited is engaged primarily in the manufacture and sale of rubberised coir products. The company's product portfolio includes a variety of rubberised coir-based items used in industrial and consumer applications. It manufactures rubberised coir mattresses, rubberised coir latex bonded mats, coir cushioning, and other related products. Southern Latex operates mainly in India with its manufacturing facilities including coir and latex creaming plants. Founded in 1989 and headquartered in Tamil Nadu, India, the company has established itself in the rubberised coir products market. In recent years, Southern Latex Limited has undergone significant operational challenges with a contraction in sales and stagnant financial performance, reporting negligible net sales and profits over the last several quarters. The company has been focusing on reconstituting its product mix and exploring new product lines and markets to address these challenges. There have been no major acquisitions or strategic alliances publicly disclosed in the last 1-2 years; however, the company is in a phase of strategic realignment aimed at product diversification and operational efficiency enhancement. Southern Latex continues to evaluate growth opportunities and market expansion, targeting both domestic and potential international markets. Southern Latex Limited's key business segments include rubberised coir mattresses and bonded coir products primarily targeted at industrial and consumer markets within India. The company’s manufacturing operations span coir processing and latex creaming, contributing to its product cost-efficiency. Southern Latex Limited remains focused on leveraging its historical expertise in coir products while adapting to contemporary market demands through product innovation and operational optimization. The company is publicly listed on the Bombay Stock Exchange under the ticker SOUTLAT.BO. This description reflects Southern Latex Limited’s status as of late 2025, highlighting its core product offerings and its ongoing strategic focus without recent major acquisitions or alliances but with an emphasis on new product development and market realignment.