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- Textiles
- SOUTLAT
SOUTLAT
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Share Price
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Financials
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Peers
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Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
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Summary
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Profit & Loss
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Cashflow
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
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Events:
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Popular questions
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Business
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Shareholdings
What does Southern Latex do?
Southern Latex Ltd specializes in the manufacturing of rubber products.
Who are the competitors of Southern Latex?
Southern Latex major competitors are Uniroyal Industries, Samtex Fashions, Jiwanram Sheod Ind., Ventura Textiles, Prag Bosimi Synth, Advance Lifestyles, TN Jai Bharat Mills. Market Cap of Southern Latex is ₹21 Crs. While the median market cap of its peers are ₹20 Crs.
Is Southern Latex financially stable compared to its competitors?
Southern Latex seems to be less financially stable compared to its competitors. Altman Z score of Southern Latex is 0 and is ranked 4 out of its 8 competitors.
Does Southern Latex pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Southern Latex latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Southern Latex allocated its funds?
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances
How strong is Southern Latex balance sheet?
Southern Latex balance sheet is weak and might have solvency issues
Is the profitablity of Southern Latex improving?
The profit is oscillating. The profit of Southern Latex is ₹0.23 Crs for Mar 2024, ₹0.24 Crs for Mar 2023 and ₹0.2 Crs for Mar 2022
Is the debt of Southern Latex increasing or decreasing?
Yes, The debt of Southern Latex is increasing. Latest debt of Southern Latex is ₹0.04 Crs as of Sep-24. This is greater than Mar-24 when it was -₹0.02 Crs.
Is Southern Latex stock expensive?
Southern Latex is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Southern Latex is 90.22, while 3 year average PE is 58.48. Also latest EV/EBITDA of Southern Latex is 0.0 while 3yr average is 1.27.
Has the share price of Southern Latex grown faster than its competition?
Southern Latex has given better returns compared to its competitors. Southern Latex has grown at ~-13.92% over the last 1yrs while peers have grown at a median rate of -21.49%
Is the promoter bullish about Southern Latex?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 60.81% and last quarter promoter holding is 55.95%.
Are mutual funds buying/selling Southern Latex?
The mutual fund holding of Southern Latex is stable. The current mutual fund holding in Southern Latex is 2.26% while previous quarter holding is 2.26%.