Southern Latex Ltd (SOUTLAT) — shareholding pattern, promoter holding, financials and share price
About Southern Latex Ltd (SOUTLAT)
Southern Latex Ltd operates in the Other Textile Products industry, within the Textiles sector. It trades on the NSE as SOUTLAT and on the BSE under scrip code 514454. Its ISIN is INE410M01018.
Incorporated in 1989, Southern Latex Ltd manufactures and sells rubberized coir products [1]
Southern Latex Ltd. is a leading manufacturer and exporter of industrial gloves and rubberized coir products, serving both professional PPE and retail markets globally.
The company boasts a production rate exceeding 10 million pairs of gloves annually, tapping into international markets through OEM and private label agreements.
Listed peers in Other Textile Products: Aditya Spinners Ltd, Paramount Dye Tec Ltd, K K Silk Mills Ltd, Laxmi Cotspin Ltd, Eastern Silk Industries Ltd, Khoobsurat Ltd.
Valuation & Returns
10 Jul 2026At ₹34.17 a share on 10 Jul 2026, Southern Latex Ltd (SOUTLAT) was valued at a price-to-earnings ratio of 86.74x against an industry P/E of 32.15x. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 86.74x
- Industry P/E
- 32.15x
- EPS (TTM)
- ₹0.39
- Book value / share
- ₹9,20,145.07
- Debt / equity
- 0x
- Dividend yield
- 0%
- 52-week range
- ₹24.32 – ₹89.88
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Southern Latex Ltd (SOUTLAT) reported net profit of ₹0.28 crore and earnings per share of ₹0.38. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, net profit ₹0.25 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 0 | 0 | 0 | 0 | 0 |
| Net profit (₹ cr) | 0.2 | 0.24 | 0.24 | 0.23 | 0.28 |
| EPS (₹) | 0.27 | 0.33 | 0.33 | 0.31 | 0.38 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Profit growth | 6.50% | 4.31% | 5.14% | -4.17% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 65.57% of Southern Latex Ltd (SOUTLAT) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.64% and domestic institutional investors (DII) hold 2.26%. Market capitalisation was ₹25 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2001.
Largest disclosed public shareholders in Jun 2026: M/S SOUTHERN INDIA DEPOSITORY SVS PVT LTD 2.23%, FOREIGN INSTITUTIONAL INVESTORS 1.64%, M/S MORGAN STANLEY ASSET MANAGEMENT INC 1.64%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 65.57% | - | 1.64% | 2.26% | 34.43% |
| Mar 2026 | 65.57% | - | 1.64% | 2.26% | 34.43% |
| Dec 2025 | 60.81% | - | 1.64% | 2.26% | 39.19% |
| Sep 2025 | 60.81% | - | 1.64% | 2.26% | 39.19% |
| Jun 2025 | 60.81% | - | 1.64% | 2.26% | 39.19% |
| Mar 2025 | 60.81% | - | 1.64% | 2.26% | 39.19% |
| Dec 2024 | 55.95% | - | 1.64% | 2.26% | 44.05% |
| Sep 2024 | 55.95% | - | 1.64% | 2.26% | 44.05% |