Southern Latex Ltd

Know More
NSEBSE
Stock not tradded

20.500.50 (2.50%)

04:01 PM,21st Feb 2024

BSE : 514454

NSE :

Sector : Industrials

ISIN Code : INE410M01018

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Feb 21 2024 | 04:01 PM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

0.00

All Time High Date

Invalid date

All Time Low

0.00

All Time Low Date

Invalid date

Southern Latex Ltd

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 90000 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 90000 mattresses pa to 180000 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.

Southern Latex Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

15

EPS - TTM (₹) [S]

0.30

P/E Ratio (X) [S]

2.39

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]8.58
P/B Ratio (₹) [S]2.39
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Bandhan Corporate Bond Fund - Regular (IDCW) 2.10 210000 0.01
Bandhan Corporate Bond Fund - Regular (G) 2.10 210000 0.01
Bandhan Corporate Bond Fund - Direct (G) 2.10 210000 0.01
Bandhan Corporate Bond Fund - Direct (IDCW) 2.10 210000 0.01
Bandhan Corporate Bond Fund - Regular (IDCW-M) 2.10 210000 0.01
Bandhan Corporate Bond Fund - Regular (IDCW-Q) 2.10 210000 0.01
Bandhan Corporate Bond Fund - Regular (IDCW-H) 2.10 210000 0.01
Bandhan Corporate Bond Fund - Regular (IDCW-A) 2.10 210000 0.01
Bandhan Corporate Bond Fund - Direct (IDCW-M) 2.10 210000 0.01
Bandhan Corporate Bond Fund - Direct (IDCW-Q) 2.10 210000 0.01

Load more

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

20.00

21.00

Week Low/High

19.98

21.00

Month Low/High

18.97

22.00

Year Low/High

14.75

23.00

All time Low/High

1.50

34.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week2.60%%1.110.98%
1 Month-2.38%%1.682.24%
3 Month2.50%%10.1511.48%
6 Month%%11.3613.72%
1 Year%%19.7023.72%
3 Year307.55%%42.7147.21%

Company Info

Company Information

Managing director : N Neelakanda Pillai

Non-Exec & Non-Independent Dir : Muralikrishnan

Non-Exec. & Independent Dir. : Vinnakaram Krishnan Balalji

Non-Exec. & Independent Dir. : Santhi

Company Sec. & Compli. Officer : Kavitha C

Registered Office: B-11/W Sipcot Indl Complex, Gummidipoondi,Tiruvallur,Tamil Nadu-601201 Ph: 91-4119-322334

Email:southernlatexltd@yahoo.com

URL:http://www.southernlatex.com