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Southern Latex Limited

Southern Latex Limited

SOUTLAT.BO
Southern Latex LimitedIN flagBombay Stock Exchange
39.85
INR
+1.89
- -
293.26MMarket Cap
Southern Latex Limited
SOUTLAT.BO
(Bombay Stock Exchange)

Recent

price

39.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
2.92
2.49
1.57
0.55
0.19
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
0.35
0.23
0.04
0.15
0.18
0.19
0.21
0.25
0.25
0.26
0.27
0.32
0.32
0.32
- -
0.39
Basic EPS, GAAP
- -
-0.13
-0.02
0.14
0.32
-0.16
-0.35
-0.41
-0.42
-0.36
-0.39
-0.4
-0.41
-0.47
-0.31
- -
-0.39
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
5.11
5.34
5.39
5.54
5.72
5.91
6.11
6.29
6.5
6.9
7.14
7.49
7.81
10.17
- -
10.03
Book Value per Share
- -
6.2
6.44
6.48
6.63
6.81
7.01
7.2
7.37
7.57
7.99
8.23
8.58
8.91
9.36
- -
9.61
Tangible Book Value per Share
- -
7
7
7
7
7
7
7
7
7
7
7
7
7
7
- -
7
Basic Weighted Avg Shares
24
22
18
12
4
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
24.68
12.47
10.04
4.7
-75.44
-182.84
-4,224.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1
1
1
1
3
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
6
3
2
- -
1
1
1
2
2
2
2
2
2
2
2
3
3
Net Income, GAAP
- -
- -
- -
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
15.05
Effective Tax Rate (%)
24.16
11.85
9.34
2.71
27.51
91.82
2,116.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
25
30
33
37
41
42
45
47
49
50
53
55
57
60
62
65
65
Working Capital
- -
- -
1
1
1
1
1
1
1
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
43
46
47
48
49
50
52
53
55
57
59
61
63
65
68
70
70
Total Equity
18.61
5.98
3.91
0.91
-5.06
-4.2
-4.37
-4.01
-3.4
-3.71
-3.15
-3.15
-3.18
-3.54
-3.33
-2.61
-2.47
Return on Invested Capital (%)
24.3
6.93
4.39
0.78
2.72
3.1
3.2
3.45
3.98
3.87
3.83
3.85
4.36
4.17
3.53
3.73
3.89
Return on Capital (%)
26.42
7.02
4.45
0.79
2.79
3.17
3.26
3.5
4.06
3.92
3.84
3.86
4.37
4.18
3.54
3.74
3.9
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
368
307
188

Working Capital

FRC

•

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

Growth Rates

FRC

•

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

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
0.02
- -
0.32
2025
0.01
0.01
0.01
0.29
0.32
2026
0.02
0.02
0.02
0.33
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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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.