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SOUTHERN LATEX LTD.

Textiles › Textiles & Apparels
₹26.56
at close · 28 Oct 2026
▲ 0.00 (+0.00%)

Latest filings

  1. 37th AGM Results: All 5 Resolutions Passed with 100% Approval · Board & Shareholder Meetings
  2. 37th AGM held; name change and MoA amendments approved · Board & Shareholder Meetings
  3. Southern Latex submits corrigendum to 37th AGM notice · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

This BSE-listed entity, classified under Textiles & Apparels (Other Textile Products), currently has no commercial operations and reports zero revenue from operations across recent quarters. Its only income is 'Other Income' of roughly Rs. 6 lakhs per quarter, which the annual report says is 'mainly from interest on retained earnings.' Total income for FY26 was Rs. 53.96 lakhs and profit after tax was Rs. 27.50 lakhs, essentially the return on Rs. 647.04 lakhs of loans and deposits rather than any manufacturing or trading activity. The company's previous segment classification was coir sales, but filings state the board is 'exploring new business opportunities, strategic partnerships, and product development to revive growth.' Operating cash flow has been negative, and other equity remained negative at Rs. 31.27 lakhs at FY26 year-end.

Operating scale
Revenue from operations
Rs. 0 (zero)Q2 FY26, Q3 FY26, FY26
Total assets
Rs. 7.0882 croreFY26
Financial assets (loans and deposits)
Rs. 647.04 lakhsFY26
PAT growth
18.8% YoY (Rs. 23.15 to Rs. 27.50 lakhs)FY25 to FY26
Equity share capital
73,59,200 sharesFY26
Promoter group holding
41.98% (post March 2026)FY26
Who pays it
No active commercial customers; income is from interest on its own deposits and financial assets
Biggest cost
Total expenses of Rs. 21.38 lakhs in FY26 (not broken down in the filings)
Kind of business
Non-operating, asset-holding listed entity with a historical textiles/coir classification
Where it sits
BSE-listed (scrip code 514454); reported no commercial operations in FY26 and is exploring new business opportunities
Market Cap
₹20 Cr
P / E (TTM)
68.1×
EV / EBITDA
57.8×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT +7.6% · EBITDA +4.8%
Quality
4.2%·
ROCE (5y median)
ROE 3.6% (5y median) · margin —
Leverage
0.00·
Debt / Equity · low
Net cash ₹0.03 Cr
Cash conversion
-1.27×▼
Operating cash ÷ profit · 5 yrs
₹-1 Cr on ₹1 Cr
Moves on a normal day
2.90%·
Median daily move
Last 259 sessions · the yardstick for filing-day moves
Where it sits among 229 Other Textile Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#156/179
P/B#152/185
ROCE#103/215
ROE#103/188
Debt / Equity#1/188
Profit growth#108/203

Scorecard

Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice

Strengths
No borrowings on the balance sheet
lower than 89% of its 188 Other Textile Products peers
Concerns
Returns on capital 4.2% (5-year median)
#103 of 215 in Other Textile Products on the latest reported figures
Over 5 years it reported ₹1.18 Cr of profit and an operating cash outflow of ₹1.50 Cr — -1.27×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SOUTHERN LATEX LTD.'s filed financials and exchange disclosures

What does SOUTHERN LATEX LTD. do?

SOUTHERN LATEX LTD. is a Textiles & Apparels company listed on BSE.

Is SOUTHERN LATEX LTD. profitable?

Yes. Over the trailing twelve months SOUTHERN LATEX LTD. reported a net profit of ₹0.29 Cr with no revenue reported.

Does SOUTHERN LATEX LTD. pay a dividend?

Not in the latest reported year — SOUTHERN LATEX LTD.'s dividend payout for FY26 was nil.

Is SOUTHERN LATEX LTD. debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹0.03 Cr of cash.

Is SOUTHERN LATEX LTD. expensive compared with its peers?

On trailing P/E, SOUTHERN LATEX LTD. ranks 156 of 179 in Other Textile Products — cheaper than 13% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.

How much does the SOUTHERN LATEX LTD. share price move in a day?

On a typical session SOUTHERN LATEX LTD. moves 2.90% — that is the median absolute close-to-close move across its last 259 trading days. MarketPing measures each filing's price reaction against it.

Where can I track SOUTHERN LATEX LTD.'s announcements?

Every NSE and BSE filing by SOUTHERN LATEX LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.