Southern Latex
SOUTHERNLATEXLTD NSE
Southern Latex
TextilesNSE: SOUTHERNLATEXLTD BSE: 514454 Textile Products
Key Fundamentals
MicrocapTextile ProductsTextilesMarket Cap
₹26.40 Cr
Volatility
Moderate
P/E Ratio
91.9
EBITDA
₹0.30 Cr
Return on Equity
3.9%
Debt to Equity
0
Book Value
₹9.58
EPS
₹0.28
52W High
₹89.88
52W Low
₹19.58
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company is almost debt free.
Weaknesses
2- Stock is trading at 3.67 times its book value
- Company has a low return on equity of 3.75% over last 3 years.
Growth Rate
Revenue Growth
0% higher than
3Y
Net Income Growth
50% higher than
3Y
Cash Flow Change
-59.09% lower than
3Y
ROE
14.04% higher than
3Y
ROCE
14.36% higher than
3Y
EBITDA Margin (Avg.)
12.78% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.05 | 0.05 | 0.05 | 0.11 | 0.05 | 0.05 | 0.05 | 0.1 | 0.05 | 0.05 | 0.04 | 0.06 | 0.05 |
| Operating Profit | -0.05 | -0.05 | -0.05 | -0.11 | -0.05 | -0.05 | -0.05 | -0.1 | -0.05 | -0.05 | -0.04 | -0.06 | -0.05 |
| Other Income | 0.06 | 0.06 | 0.06 | 0.37 | 0.06 | 0.06 | 0.06 | 0.36 | 0.06 | 0.06 | 0.06 | 0.36 | 0.06 |
| Interest | 0 | 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 | 0 |
| PBT | 0.01 | 0.01 | 0.01 | 0.26 | 0.01 | 0.01 | 0.01 | 0.26 | 0.01 | 0.01 | 0.02 | 0.3 | 0.01 |
| Tax % | 0% | 0% | 0% | 15.38% | 0% | 0% | 0% | 15.38% | 0% | 0% | 0% | 16.67% | 0% |
| Net Profit | 0.01 | 0 | 0.01 | 0.21 | 0.01 | 0.01 | 0.01 | 0.21 | 0.01 | 0.01 | 0.02 | 0.25 | 0.01 |
| EPS in Rs | 0.01 | 0 | 0.01 | 0.29 | 0.01 | 0.01 | 0.01 | 0.29 | 0.01 | 0.01 | 0.03 | 0.34 | 0.01 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.41 | 0.14 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.46 | 0.34 | 0.24 | 0.22 | 0.2 | 0.23 | 0.2 | 0.22 | 0.23 | 0.26 | 0.25 | 0.21 | 0.2 |
| Operating Profit | -0.05 | -0.2 | -0.23 | -0.22 | -0.2 | -0.23 | -0.2 | -0.22 | -0.23 | -0.26 | -0.25 | -0.21 | -0.2 |
| OPM % | -12.2% | -142.86% | -2300% | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0.46 | 0.42 | 0.45 | 0.45 | 0.46 | 0.49 | 0.46 | 0.48 | 0.54 | 0.55 | 0.54 | 0.54 | 0.54 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.27 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0 |
| PBT | 0.14 | 0.16 | 0.17 | 0.19 | 0.23 | 0.23 | 0.24 | 0.24 | 0.3 | 0.28 | 0.28 | 0.33 | 0.34 |
| Tax % | 21.43% | 18.75% | 17.65% | 21.05% | 21.74% | 17.39% | 20.83% | 20.83% | 20% | 14.29% | 14.29% | 15.15% | — |
| Net Profit | 0.11 | 0.13 | 0.14 | 0.15 | 0.19 | 0.19 | 0.19 | 0.2 | 0.24 | 0.24 | 0.23 | 0.28 | 0.29 |
| EPS in Rs | 0.15 | 0.18 | 0.19 | 0.2 | 0.26 | 0.26 | 0.26 | 0.27 | 0.33 | 0.33 | 0.31 | 0.38 | 0.39 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 |
| Reserves | -2.48 | -2.35 | -2.21 | -2.05 | -1.87 | -1.68 | -1.49 | -1.29 | -1.05 | -0.82 | -0.59 | -0.31 |
| Borrowings | 0.1 | 0.1 | 0.08 | 0.07 | 0.13 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.05 | 0.02 | 0.02 | 0.03 | 0.07 | 0.07 | 0.11 | 0.16 | 0.17 | 0.11 | 0.13 | 0.04 |
| Total Liabilities | 5.03 | 5.13 | 5.25 | 5.41 | 5.69 | 5.76 | 5.99 | 6.24 | 6.48 | 6.65 | 6.9 | 7.09 |
| Fixed Assets | 0.87 | 0.81 | 0.76 | 0.71 | 0.68 | 0.65 | 0.63 | 0.61 | 0.59 | 0.58 | 0.57 | 0.57 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 4.16 | 4.32 | 4.49 | 4.7 | 5.01 | 5.11 | 5.36 | 5.63 | 5.89 | 6.07 | 6.33 | 6.52 |
| Total Assets | 5.03 | 5.13 | 5.25 | 5.41 | 5.69 | 5.76 | 5.99 | 6.24 | 6.48 | 6.65 | 6.9 | 7.09 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0.24 | -0.12 | -0.26 | -0.3 | -0.31 | -0.27 | -0.29 | -0.28 | -0.3 | -0.34 | -0.22 | -0.35 |
| Investing | -0.11 | -0.06 | 0.3 | 0.3 | 0.3 | 0.32 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Financing | 0 | 0 | -0.02 | -0.01 | 0.06 | -0.12 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0.13 | -0.18 | 0.02 | -0.01 | 0.04 | -0.07 | 0.01 | 0.02 | 0 | -0.05 | 0.07 | -0.05 |
| Free Cash Flow | 0.36 | -0.12 | -0.26 | -0.3 | -0.31 | -0.25 | -0.29 | -0.28 | -0.3 | -0.34 | -0.22 | -0.35 |
| CFO/OP | -580 | 55 | 100 | 118 | 130 | 100 | 120 | 105 | 104 | 115 | 72 | 143 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 160 | 313 | 730 | — | — | — | — | — | — | — | — | — |
| Inventory Days | 110 | 0 | — | — | — | — | — | — | — | — | — | — |
| Days Payable | 60.83 | — | — | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 209 | 313 | 730 | — | — | — | — | — | — | — | — | — |
| Working Capital Days | 3,419 | 10,924 | 1,60,965 | — | — | — | — | — | — | — | — | — |
| ROCE % | 2.23% | 3.17% | 3.29% | 3.77% | 4.18% | 3.89% | 4.15% | 4.01% | 4.84% | 4.36% | 4.21% | 4.78% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Southern Latex insights
56 extracted metrics + investor summaries across FY09–FY26.
Documents
1
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
12 Sep - 37th AGM voting results on 10 Sept 2026: financials approved; name and object clause changes passed. 12 Sep - 37th AGM voting results on 10 Sept 2026: financials approved; name and object clause changes passed.
4
Submission Of Newspaper Advertisement Of Unaudited Financial Results For The Quarter And Half Year Ended 31St December, 2025.
2 Feb - Southern Latex files newspaper advertisement of unaudited results for quarter/half-year ended 31 Dec 2025; Board approved 30 Jan 2026. 2 Feb - Southern Latex files newspaper advertisement of unaudited results for quarter/half-year ended 31 Dec 2025; Board approved 30 Jan 2026.
5
Board Meeting Outcome for Outcome Of The Board Meeting As Per Regulation 30 Of The SEBI (LODR) Regulation, 2015
30 Jan - Board approved Q3 (31-Dec-2025) unaudited results: Q PAT Rs1.54L, 9M PAT Rs4.02L; limited review unmodified. 30 Jan - Board approved Q3 (31-Dec-2025) unaudited results: Q PAT Rs1.54L, 9M PAT Rs4.02L; limited review unmodified.
4
Corrigendum To The Notice Of The Annual General Meeting To Be Held On 10Th September2026. 3 Sept 2026
Intimation
Frequently Asked Questions about Southern Latex
What does Southern Latex Ltd do?
Southern Latex Ltd is a BSE-listed company
with no commercial operations or operating revenue in FY26; it currently earns rent and interest on retained funds. Its legacy business
is rubberised-coir manufacturing/trading, while an electrical-goods diversification and name change to Shirdi Engine...
Where is Southern Latex Ltd (514454) listed?
Southern Latex Ltd trades as SOUTHERNLATEXLTD on the NSE and under code 514454 on the BSE.
Which sector does Southern Latex Ltd belong to?
Southern Latex Ltd is classified under the Textiles sector, in the Textile Products industry.
What is the market capitalisation of Southern Latex Ltd?
Southern Latex Ltd has a market capitalisation of ₹26.4 Cr, which places it in the Small Cap band.
What is the PE ratio of Southern Latex Ltd?
Southern Latex Ltd trades at a PE ratio of 91.90, on earnings per share of ₹0.28, against a book value of ₹9.58 per share.
What is the 52-week high and low of Southern Latex Ltd?
Over the last 52 weeks Southern Latex Ltd has traded between ₹19.58 and ₹89.88.
What is the Return on Equity (ROE) of Southern Latex Ltd?
Southern Latex Ltd reported a return on equity of 3.90%. Its debt-to-equity ratio is 0.00.
Company Information
Southern Latex Ltd is a BSE-listed company with no commercial operations or operating revenue in FY26; it currently earns rent and interest on retained funds. Its legacy business is rubberised-coir manufacturing/trading, while an electrical-goods diversification and name change to Shirdi Engineering Ltd were only proposals awaiting shareholder/statutory approvals as of 1 September 2026.[1][2]
Website southernlatexlimited.com
Face Value ₹ 10
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