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Southern Latex share price

Southern Latex Ltd.

BSE: 514454 SECTOR: Textile  2792   1   0

24.00
0 0
BSE: Today, 04:00 PM

Price Summary

Today's High

₹ 24

Today's Low

₹ 24

52 Week High

₹ 26

52 Week Low

₹ 14.75

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

17.66 Cr.

Enterprise Value

17.6 Cr.

No. of Shares

0.74 Cr.

P/E

80.65

P/B

2.79

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  8.6

CASH

0.06 Cr.

DEBT

0 Cr.

Promoter Holding

55.95 %

EPS (TTM)

₹  0.3

Sales Growth

0%

ROE

3.34 %

ROCE

4.13%

Profit Growth

4.34 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 YearNA
3 YearNA
5 Year-100%

Profit Growth

1 Year4.34%
3 Year2.25%
5 Year7.36%

ROE%

1 Year3.34%
3 Year3.33%
5 Year3.28%

ROCE %

1 Year4.13%
3 Year4.13%
5 Year4.05%

Debt/Equity

0

Price to Cash Flow

-64.2

Interest Cover Ratio

0

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 55.95 0
Sep 2023 55.95 0
Jun 2023 55.95 0
Mar 2023 55.67 0
Dec 2022 55.67 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • The company has an efficient Cash Conversion Cycle of 0 days.
  • Company has a healthy liquidity position with current ratio of 35.8856499798953.
  • The company has a high promoter holding of 55.95%.

 Limitations

  • The company has shown a poor profit growth of 2.25033244354698% for the Past 3 years.
  • Company has a poor ROE of 3.33296223342397% over the past 3 years.
  • Company has a poor ROCE of 4.1277063280138% over the past 3 years
  • Company has negative cash flow from operations of -0.2751302.
  • The company has a low EBITDA margin of 0% over the past 5 years.
  • The company is trading at a high PE of 80.65.
  • The company is trading at a high EV/EBITDA of 60.5604.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 0 0 0 0 0
Total Expenditure 0.05 0.1 0.05 0.05 0.05
Operating Profit -0.05 -0.1 -0.05 -0.05 -0.05
Other Income 0.06 0.36 0.06 0.06 0.06
Interest 0 0 0 0 0
Depreciation 0 0 0 0 0
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.01 0.25 0.01 0 0.01
Tax 0 0.06 0 0 0
Profit After Tax 0.01 0.2 0.01 0 0.01
Adjusted EPS (Rs) 0.01 0.27 0.01 0.01 0.01

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 0 0 0 0 0
Total Expenditure 0.23 0.2 0.24 0.21 0.22
Operating Profit -0.23 -0.2 -0.24 -0.21 -0.22
Other Income 0.46 0.46 0.49 0.46 0.48
Interest 0 0 0 0 0
Depreciation 0.04 0.03 0.03 0.02 0.02
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.19 0.23 0.23 0.24 0.25
Tax 0.04 0.05 0.04 0.05 0.05
Net Profit 0.15 0.19 0.19 0.19 0.2
Adjusted EPS (Rs.) 0.21 0.25 0.25 0.26 0.27

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 7.36 7.36 7.36 7.36 7.36
Total Reserves -2.05 -1.87 -1.68 -1.49 -1.29
Borrowings 0.07 0 0 0 0
Other N/C liabilities 0 0.13 0.01 0.01 0.01
Current liabilities 0.03 0.07 0.07 0.11 0.16
Total Liabilities 5.41 5.69 5.76 6 6.24
Assets
Net Block 0.71 0.68 0.65 0.63 0.61
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 0 0 0 0 0
Other N/C Assets 0 0 0 0 0
Current Assets 4.69 5.01 5.11 5.37 5.63
Total Assets 5.41 5.69 5.76 6 6.24
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 0.19 0.23 0.23 0.24 0.25
Adjustment -0.25 -0.27 -0.28 -0.28 -0.28
Changes in Assets & Liabilities -0.21 -0.23 -0.17 -0.2 -0.19
Tax Paid -0.04 -0.05 -0.04 -0.05 -0.05
Operating Cash Flow -0.3 -0.31 -0.27 -0.29 -0.28
Investing Cash Flow 0.3 0.3 0.32 0.3 0.3
Financing Cash Flow -0.01 0.06 -0.12 0 0
Net Cash Flow -0.01 0.04 -0.07 0.01 0.02

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 55.67 55.67 55.95 55.95 55.95
klassic industries privat... 32.37 32.37 32.37 32.37 32.37
nortan electricals privat... 23.30 23.30 23.59 23.59 23.59
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 44.33 44.33 44.05 44.05 44.05
it village com private li... 9.73 9.73 9.73 9.73 9.73
morgan stanley asset mana... 1.64 1.64 1.64 1.64 1.64
patrick williams - - - 1.07 1.14
southern india depository... 2.23 2.23 2.23 2.23 2.23

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Southern Latex - Quaterly Results5 Feb 2024, 2:56PM Southern Latex - Quaterly Results5 Feb 2024, 2:56PM Southern Latex - Quaterly Results5 Feb 2024, 2:56PM Southern Latex informs about annual report23 Jan 2024, 4:40PM Southern Latex - Quaterly Results21 Jul 2023, 2:49PM Southern Latex - Quaterly Results21 Jul 2023, 2:49PM Southern Latex - Quaterly Results21 Jul 2023, 2:49PM Southern Latex informs about rectification of mistake in board meeting intimation 14 Jul 2023, 4:33PM Southern Latex - Quaterly Results25 May 2023, 4:02PM Southern Latex - Quaterly Results25 May 2023, 4:02PM Southern Latex - Quaterly Results25 May 2023, 4:02PM Southern Latex informs about outcome of board meeting25 Jan 2023, 4:34PM Southern Latex - Quaterly Results25 Jan 2023, 2:56PM Southern Latex - Quaterly Results25 Jan 2023, 2:56PM Southern Latex - Quaterly Results25 Jan 2023, 2:56PM Southern Latex informs about board meeting18 Jan 2023, 4:21PM Southern Latex - Quaterly Results9 Nov 2022, 2:59PM Southern Latex - Quaterly Results9 Nov 2022, 2:59PM Southern Latex - Quaterly Results9 Nov 2022, 2:59PM Southern Latex - Quaterly Results18 Jul 2022, 2:37PM Southern Latex - Quaterly Results18 Jul 2022, 2:37PM Southern Latex - Quaterly Results18 Jul 2022, 2:37PM Southern Latex - Quaterly Results18 May 2022, 3:04PM Southern Latex - Quaterly Results18 May 2022, 3:04PM Southern Latex - Quaterly Results18 May 2022, 3:04PM Southern Latex informs about board meeting intimation9 May 2022, 3:45PM Southern Latex informs about certificate28 Apr 2022, 2:59PM Southern Latex informs about compliance certificate16 Apr 2022, 12:01PM Southern Latex informs about compliance certificate16 Apr 2022, 11:51AM Southern Latex - Quaterly Results10 Feb 2022, 2:37PM Southern Latex - Quaterly Results10 Feb 2022, 2:37PM Southern Latex - Quaterly Results10 Feb 2022, 2:37PM Southern Latex informs about outcome of board meeting10 Nov 2021, 4:05PM Southern Latex informs about board meeting2 Nov 2021, 4:22PM Southern Latex informs about board meeting20 Apr 2021, 2:45PM Southern Latex informs about compliance certificate8 Apr 2021, 11:53AM

Southern Latex Stock Price Analysis and Quick Research Report. Is Southern Latex an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Southern Latex has a PE ratio of 80.6451612903226 which is high and comparatively overvalued .

  • Share Price: - The current share price of Southern Latex is Rs 24. One can use valuation calculators of ticker to know if Southern Latex share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Southern Latex has ROA of 3.25666098700253 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Southern Latex has a Current ratio of 35.8856499798953 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Southern Latex has a ROE of 3.33690934368635 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Southern Latex has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Southern Latex has an Inventory turnover ratio of 0 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Southern Latex has reported revenue growth of 0 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Southern Latex for the current financial year is 0 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Southern Latex is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Southern Latex
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