About Southern Latex Limited
Data last updated:
Southern Latex Limited is a public limited company based in Mgr, Tamil Nadu, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 29 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L25199TN1989PLC017137. It is a listed company as per MCA records. Its shares are listed on BSE: 514454.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.36 Cr. It is led by directors including Neelakanda Pillai Namasivayam (Managing Director) and Srinivasan Balasubramanian.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 11/W Sipcot Industrialcomplex Gummidipoondi 601 201, Mgr, Tamil Nadu, India – 601201.
The net worth stands at ₹7.05 Cr (up 4.1% YoY). Total assets are valued at ₹7.06 Cr (up 4.1% YoY).
As per MCA filings, the company has satisfied charges of ₹3.19 Cr on record. Court records list 16 cases involving the company, including 15 filed by the company and 1 filed against it; 5 cases are pending. The company has 4 deals on record (4 market trades); the latest was in March 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website southernlatex.in.
Company details
Contact details
Southern Latex Limited's registered office is in Mgr, Tamil Nadu. Its website is southernlatex.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 11/W Sipcot Industrialcomplex Gummidipoondi 601 201, Mgr, Tamil Nadu, India – 601201
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Southern Latex Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Southern Latex is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Southern Latex Limited, buy the company report.
Financials of Southern Latex Limited
FY 2025-26 filings availableSouthern Latex Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (0.21) | (0.25) | (0.26) | (0.23) | (0.21) | (0.20) | (0.23) |
| Profit before tax | 0.33 | 0.28 | 0.28 | 0.30 | 0.25 | 0.24 | 0.23 |
| Net profit | 0.28 | 0.24 | 0.24 | 0.24 | 0.20 | 0.19 | 0.18 |
| EPS (₹) | 0.37 | 0.31 | 0.32 | 0.32 | 0.27 | 0.26 | 0.25 |
| Balance sheet | |||||||
| Total assets | 7.06 | 6.78 | 6.55 | 6.32 | 6.08 | 5.88 | 5.69 |
| Net worth | 7.05 | 6.77 | 6.54 | 6.31 | 6.07 | 5.87 | 5.68 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Cash & bank | 0.03 | 0.08 | 0.01 | 0.06 | 0.06 | 0.03 | 0.02 |
| Net working capital | 6.49 | 6.21 | 5.98 | 5.73 | 5.47 | 5.26 | 5.04 |
| Cash flow | |||||||
| Cash from operations | (0.35) | (0.22) | (0.34) | (0.30) | (0.28) | (0.29) | (0.27) |
| Cash from investing | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.32 |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.12) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.06 | 0.36 | 0.06 | 0.06 | 0.06 | 0.36 | 0.06 | 0.06 |
| Total expenses | 0.05 | 0.06 | 0.04 | 0.05 | 0.05 | 0.10 | 0.05 | 0.05 |
| EBITDA | (0.05) | (0.06) | (0.04) | (0.05) | (0.05) | (0.10) | (0.05) | (0.05) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.01 | 0.30 | 0.02 | 0.01 | 0.01 | 0.26 | 0.01 | 0.01 |
| Tax | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.06 | 0.36 | 0.06 | 0.06 | 0.06 | 0.36 | 0.06 | 0.06 |
| Total expenses | 0.05 | 0.06 | 0.04 | 0.05 | 0.05 | 0.10 | 0.05 | 0.05 |
| EBITDA | (0.05) | (0.06) | (0.04) | (0.05) | (0.05) | (0.10) | (0.05) | (0.05) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.01 | 0.30 | 0.02 | 0.01 | 0.01 | 0.26 | 0.01 | 0.01 |
| Tax | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.54 | 0.54 | 0.55 | 0.54 | 0.48 | 0.46 | 0.49 |
| Total expenses | 0.21 | 0.25 | 0.26 | 0.23 | 0.21 | 0.20 | 0.23 |
| Employee cost | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 | 0.07 | 0.06 |
| EBITDA | (0.21) | (0.25) | (0.26) | (0.23) | (0.21) | (0.20) | (0.23) |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.33 | 0.28 | 0.28 | 0.30 | 0.25 | 0.24 | 0.23 |
| Tax | 0.05 | 0.04 | 0.04 | 0.06 | 0.05 | 0.05 | 0.04 |
| Net profit | 0.28 | 0.24 | 0.24 | 0.24 | 0.20 | 0.19 | 0.18 |
| EPS (₹) | 0.37 | 0.31 | 0.32 | 0.32 | 0.27 | 0.26 | 0.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 | 7.36 |
| Reserves & surplus | (0.31) | (0.59) | (0.82) | (1.05) | (1.29) | (1.49) | (1.68) |
| Shareholders' funds (net worth) | 7.05 | 6.77 | 6.54 | 6.31 | 6.07 | 5.87 | 5.68 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Total liabilities | 7.06 | 6.78 | 6.55 | 6.32 | 6.08 | 5.88 | 5.69 |
| Assets | |||||||
| Gross block | 1.74 | 1.74 | 1.74 | 1.74 | 1.74 | 1.74 | 1.74 |
| Net block | 0.56 | 0.56 | 0.58 | 0.59 | 0.60 | 0.62 | 0.64 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.03 | 0.08 | 0.01 | 0.06 | 0.06 | 0.03 | 0.02 |
| Loans & advances | 6.49 | 6.25 | 6.07 | 5.83 | 5.57 | 5.34 | 5.09 |
| Total current assets | 6.52 | 6.33 | 6.08 | 5.89 | 5.63 | 5.37 | 5.11 |
| Total current liabilities | 0.03 | 0.12 | 0.10 | 0.16 | 0.16 | 0.11 | 0.07 |
| Net working capital | 6.49 | 6.21 | 5.98 | 5.73 | 5.47 | 5.26 | 5.04 |
| Total assets | 7.06 | 6.78 | 6.55 | 6.32 | 6.08 | 5.88 | 5.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.08 | 0.01 | 0.06 | 0.00 | 0.03 | 0.02 | 0.09 |
| Net cash from operating activities | (0.35) | (0.22) | (0.34) | (0.30) | (0.28) | (0.29) | (0.27) |
| Net cash from investing activities | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.32 |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.12) |
| Net change in cash | (0.05) | 0.07 | (0.05) | 0.00 | 0.02 | 0.01 | (0.07) |
| Closing cash | 0.03 | 0.08 | 0.01 | 0.06 | 0.06 | 0.03 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| EBITDA growth | +16.0% | +3.9% | -13.0% | -9.5% | -5.0% | +13.0% | - |
| PBT growth | +17.9% | 0.0% | -6.7% | +20.0% | +4.2% | +4.4% | 0.0% |
| Net income growth | +16.7% | 0.0% | 0.0% | +20.0% | +5.3% | +5.6% | - |
| Revenue CAGR (3Y) | - | - | - | - | - | - | -100.0% |
| EBITDA CAGR (3Y) | -3.0% | +6.0% | +9.1% | 0.0% | +1.6% | -4.6% | +1.5% |
| Profitability & leverage | |||||||
| Return on capital employed | +4.0% | +3.3% | +3.4% | +3.7% | +3.1% | +2.9% | +2.8% |
| Return on net worth | +3.4% | +2.8% | +2.9% | +2.9% | +2.5% | +2.3% | +2.3% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 0.37 | 0.31 | 0.32 | 0.32 | 0.27 | 0.26 | 0.25 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 9.58 | 9.20 | 8.89 | 8.57 | 8.25 | 7.98 | 7.72 |
To see the full year-wise statements and ratios of Southern Latex Limited, buy the company report.
Board of directors of Southern Latex Limited
Southern Latex has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Balasubramanian Also directs: Rajalakshmi Wind Energy Limited | Director | 16 Dec 2024 | 1 Years 10 Months | Current |
| Muralikrishnan Also directs: Nanchil Gardens Limited, Nanchil Conductors Private Limited, Shirdi Conductors Private Limited and 5 more | Director | 29 Sep 2012 | 14 Years 1 Months | Current |
| Neelakanda Pillai Namasivayam Also directs: Nanchil Gardens Limited, Nanchil Conductors Private Limited, Shirdi Conductors Private Limited and 3 more | Managing Director | 05 Nov 2003 | 22 Years 11 Months | Current |
| Santhi | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Kesavalu Ashitha Also directs: Euro-Leder Fashion Limited, Elango Industries Limited, Tapco Elektra Private Limited and 1 more | Director | 12 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Southern Latex Limited is audited by Kannan And Alamelu for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kannan And Alamelu | FY 2022 | 009087S |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 65.60%, foreign institutional investors hold 1.60%, domestic institutional investors hold 2.30% and retail and other public shareholders hold 30.50%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 65.60% | 60.80% | 60.80% | 60.80% |
| Public | 34.40% | 39.20% | 39.20% | 39.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 1997 | 90300670 | The Tamil Nadu Industrial Investment Corporation Limited | ₹25.45 Lakh | Satisfied | |
| 31 Oct 1992 | 90301825 | State Bank of Hyderabad | ₹20 Lakh | Satisfied | |
| 15 Oct 1992 | 90298521 | State Bank of Hyderabad | ₹31 Lakh | Satisfied | |
| 15 Oct 1992 | 90302551 | State Bank of India | ₹31 Lakh | Satisfied | |
| 15 Oct 1992 | 90303272 | State Bank of India | ₹81 Lakh | Satisfied |
To see the full charge records of Southern Latex Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Southern Latex Limited has 4 deals on record (4 market trades); the latest was in March 2026.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹94 Lakh | Buyer: Klassic Industries Private Limited Seller: It Village Com Private Ltd |
| Mar 2025 | Market trade | ₹73.4 Lakh | Buyer: Klassic Industries Private Limited Seller: It Village Com Private Ltd |
| Jun 2017 | Market trade | ₹63.7 Lakh | Buyer: Itvillage.Com Private Limited Seller: an individual |
| Mar 2017 | Market trade | ₹66.6 Lakh | Buyer: Itvillage.Com Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Southern Latex Limited has 16 court cases on record: 15 filed by Southern Latex, 1 filed against it. 5 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 1 | 5 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Baron Minerals Pvt Ltd and 4 others | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Baron Minerals Pvt Ltd and 4 others | Pending |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against United India Insurance Co.Ltd and 3 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against United India Insurance Co.Ltd and 3 others | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against Government of Tamiilnadu Rep and 1 other | Pending |
To see the full case history of Southern Latex Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Southern Latex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Southern Latex Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Southern Latex Limited has 12 board changes on record since 2003: 5 appointments and 7 cessations. The latest: Kesavalu Ashitha was appointed as Director on 12 Aug 2025.
24 earlier events are in the company report.
Frequently asked questions
Southern Latex is an active public limited company based in Mgr, Tamil Nadu, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 29 March 1989 (37+ years old) and is registered under CIN L25199TN1989PLC017137. Listed on BSE: 514454.
Southern Latex has 5 current directors:
- Neelakanda Pillai Namasivayam - Managing Director
- Srinivasan Balasubramanian - Director
- Muralikrishnan - Director
- Santhi - Director
- Kesavalu Ashitha - Director
The latest financial statements of Southern Latex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Southern Latex is L25199TN1989PLC017137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Southern Latex is a listed company as per MCA records. Its shares are listed on BSE (code: 514454).
Southern Latex has 16 court cases on record: 15 filed by the company and 1 filed against it. 5 are pending. Most are in the high courts.
Southern Latex was incorporated on 29 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.
Southern Latex has 4 deals on record (4 market trades); the latest was in March 2026.
Kesavalu Ashitha was appointed as Director on 12 Aug 2025. Krishnan Vinnakaram Balaji ceased to be Director on 18 Dec 2024. Srinivasan Balasubramanian was appointed as Director on 16 Dec 2024. Southern Latex has 12 board changes on record in total.
Southern Latex can be reached through the website southernlatex.in. Its registered office is in Mgr, Tamil Nadu, India.
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