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Southern Latex Ltd share Price Today

Company details

6M Return -2.56%
1Y Return -9.79%
Mkt Cap.(Cr) 12.88
Volume 135
Div Yield 0.00%
OI Chg %
Volume 135

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Reserves and Surplus
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Profit after Tax

Southern Latex Ltd Stocks COMPARISION


Equity Capital: 6.31 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 22,319.79 39,097.42
LAST 3M 58,940.93 19,139.45
LAST 6M 99,888.55 93,017.93
LAST 12M 166,337.04 136,389.34

Southern Latex Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Southern Latex Ltd. incorporated as a private limited company on 29 Mar.`89, was converted into a public limited company in Sep.`93. The Company was incorporated to carry on the business of manufacturing, processing and selling of rubberized coir products led by the Promoters of the Company, S Meganathan, G Kumaresan and Nirmal Joseph. The Company has advanced to become a leading manufacturer and exporter of a comprehensive range of supported industrial gloves coated with natural latex, nitrile and neoprene for the professional Personal Protection Equipment (PPE) markets, as well as consumer retail DIY markets. The factory is in Penang, in the northern part of Peninsula Malaysia. Their glove production exceeds 10 million pairs per annum and products are sold internationally though OEM and private label arrangements with many well known global PPE brands and major retailers in various markets. The Company implemented project for the manufacture of 90,000 rubberised coir mattresses at Gummidipoondi costing Rs 140 lakhs. It commenced commercial production from Nov.`92. In Sep.`94, the company came out with a public issue to part-finance its project for the expansion of installed capacity from 90,000 mattresses pa to 1,80,000 mattresses pa; to install facilities for finishing of mattresses ; to set up facilities for coir curling at Cumbum and to set up a latex creaming plant at Thalakkudi (Tirunelveli district). The coir plant and the latex creaming plant became operational in 1994-95. In 1995-96, the company`s new coir and latex creaming plants became fully operational contributing to the reduction in the cost of production. Initially, the company proposed to enter into manufacture of latex examination gloves. However, during that period the global market for latex examination gloves went through a recession and the units that entered the market ran into problems. Hence, it decided to shelve the project and go into the manufacture of rubberised coir products using curled coir and creamed rubber latex as raw materials.

Registered Address

B-11/W Sipcot Indl Complex, Gummidipoondi, Tiruvallur, Tamil Nadu, 601201

Tel : 91-4119-322334
Email : southernlatexltd:yahoo.com
Website : http://www.southernlatex.com

Cameo Corporate Services Ltd

AGM Date (Month) : Dec
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 514454
NSE Code :
Book Closure Date (Month) : Dec
BSE Group : XT
ISIN : INE410M01018

FAQ’s on Southern Latex Ltd Shares

You can buy Southern Latex Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Southern Latex Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 07, 2023 04:01 PM the closing price of Southern Latex Ltd was ₹ 17.50.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 07, 2023 04:01 PM, the market cap of Southern Latex Ltd stood at ₹ 12.88.

The latest PE ratio of Southern Latex Ltd as of Dec 07, 2023 04:01 PM is 58

The latest PB ratio of Southern Latex Ltd as of Dec 07, 2023 04:01 PM is 0.49

The 52-week high of Southern Latex Ltd is ₹ 23.00 while the 52-week low is ₹ 13.95

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