Southern Latex (BSE: SOUTLAT) had a P/E of 64.1× on 6 Nov 2026, above the industry P/E of 18.2×, and the shares are 72% below their 52-week high. It earns ROCE of 4.6% and ROE of 4.0%, and net profit grew 5.4% a year over 3 years. It is a small-cap company with a market cap of ₹18 Cr, ranked 72nd of 76 Chemicals companies by market cap; the shares fell 70% over the past year.
- ₹25.73
- ₹25.73
- ₹24.90
- ₹24.51
- 480
Health check
- ReturnsBehind
−69.6% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 64.1 vs industry 18.2.
- GrowthSteady
Profit +5.4% a year over 3 years.
- ProfitabilityWeak
ROCE 4.6% vs peer median 10.6%.
- Balance sheetn/a
Balance sheet figures aren’t reported.
- Red flags3 to check
Return on equity is low at 4.0%.
Small cap
Defensive
Key metrics
- Market cap
- ₹18 Cr
- Small cap
- P/E
- 64.1
- Industry 18.2
- Price to book
- 2.61
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- 4.0%
- Peers 11.7%
- ROCE
- 4.6%
- Peers 10.6%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹0.39
- OPM (TTM)
- 0.0%
- Net margin 0.0%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- +3.1%
- Latest quarter vs a year ago
- Price to sales
- n/a
Strengths and risks
Risks to check
- Return on equity is low at 4.0%.
- P/E of 64.1 against an industry P/E of 18.2.
- 72% below its 52-week high.
About Southern Latex
Southern Latex Limited manufactures, processes, and sells rubberized coir and related products. The company was incorporated in 1989 and is based in Chennai, India.
- Headquarters
- Chennai
- Employees
- 4
- Sector
- Basic Materials
- ISIN
- INE410M01018
- Website
- southernlatex.in
Price range
- Avg volume (3M)
- 842
- 1-year return
- minus 69.6%
- From 52-week high
- minus 72.2%
Peers · Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| NAVINFLUORNavin Fluorine International | 9,010.00 | plus 1.87% | 46,250 | 50.8 | 42.7 | 18.7% | 34.3% | 0.28 | 16.5% | plus 46.1% |
| DEEPAKNTRDeepak Nitrite | 1,533.60 | minus 0.67% | 20,917 | 19.7 | 22.3 | 10.8% | 18.0% | 0.27 | −0.5% | minus 11.9% |
| TATACHEMTata Chemicals | 607.45 | minus 1.36% | 15,475 | – | 12.4 | −3.0% | 12.2% | 0.36 | −4.8% | minus 31.0% |
| DEEPAKFERTDeepak Fertilisers & Petrochemicals Corp. | 1,155.30 | minus 0.69% | 14,599 | 14.8 | 11.5 | 11.2% | 17.6% | 0.76 | 2.6% | minus 22.7% |
| RPELRaghav Productivity Enhancers | 1,780.80 | plus 0.95% | 8,178 | 116.0 | 107.1 | – | 29.9% | 0.02 | 23.5% | plus 95.4% |
| GNFCGujarat Narmada Valley Fertilizers and Chemicals | 451.80 | minus 1.87% | 6,639 | 6.3 | 5.4 | 10.4% | 14.8% | 0.01 | −8.8% | minus 7.2% |
| ACIArchean Chemical Industries | 416.40 | minus 1.95% | 5,141 | 51.3 | 23.2 | 7.7% | 20.0% | 0.28 | −9.2% | minus 34.6% |
| SOUTLATSouthern Latex | 25.01 | plus 2.04% | 18 | 64.1 | – | 4.6% | 0.0% | – | – | minus 69.6% |
| Median of 7 peers | – | −0.69% | 14,599 | 35.2 | 22.3 | 10.6% | 18.0% | 0.28 | −0.5% | −11.9% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| −0 | −0 | −0 | −0.1 | −0 | |
| 0.1 | 0.1 | 0.1 | 0.4 | 0.1 | |
| 0 | 0 | 0 | 0.3 | 0 | |
| – | – | – | 17.1% | – | |
| 0 | 0 | 0 | 0.2 | 0 | |
| 0.02 | 0.02 | 0.02 | 0.34 | 0.02 |
Profit & loss
- Profit CAGR 3Y
- +5.4%
- EPS CAGR 3Y
- +5.0%
- ROE
- 4.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.2 | −0.3 | −0.2 | −0.2 | |
| 0.5 | 0.6 | 0.5 | 0.5 | |
| – | – | 0 | – | |
| 0 | 0 | 0 | – | |
| 0.3 | 0.3 | 0.3 | 0.3 | |
| 19.2% | 15.6% | 15.6% | 15.6% | |
| 0.2 | 0.2 | 0.2 | 0.3 | |
| – | minus 0.0% | minus 1.5% | +18.8% | |
| 0.32 | 0.32 | 0.31 | 0.37 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.4 | 7.4 | 7.4 | 7.4 | |
| −1.1 | −0.8 | −0.6 | −0.3 | |
| 0 | 0 | – | – | |
| 0.2 | 0.1 | 0.1 | 0 | |
| 6.5 | 6.7 | 6.9 | 7.1 | |
| 0.6 | 0.6 | 0.6 | 0.6 | |
| 0.1 | 0 | 0.1 | 0 | |
| 5.8 | 6.1 | 6.3 | 6.5 | |
| 6.5 | 6.7 | 6.9 | 7.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.3 | −0.3 | −0.2 | −0.4 | |
| 0.3 | 0.3 | 0.3 | 0.3 | |
| −0 | −0 | 0.1 | −0.1 | |
| −0.3 | −0.3 | −0.2 | −0.4 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 1.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.