Southern Latex Limited

Manufactures and trades rubberized coir products, latex gloves, and related items since 1989.

1989 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Southern Latex Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.36 Cr
  • Company Age 35 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.19 Cr
  • Revenue Growth 4.00%
  • Profit Growth 4.34%
  • Ebitda -5.86%
  • Net Worth 3.39%
  • Total Assets 4.07%

About Southern Latex

Southern Latex Limited (SLL) is a Public Limited Indian Non-Government Company incorporated in India on 29 March 1989 and has a history of 35 years and 11 months. Its registered office is in Tiruvallur, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514454.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.36 Cr.

The company has closed loans amounting to ₹3.19 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Southern Latex Limited India are Kavitha Chidambaram as COMPANY SECRETARY and Balakrishnan Sreenath as Cfo. Krishnan Balaji, Neelakanda Namasivayam, Santhi, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    southernlatex.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L25199TN1989PLC017137

  • Company No.

    017137

  • Stock Symbol

    BSE : 514454

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1989

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Southern Latex?

Executive Team (3)

NameDesignationAppointment DateStatus
Neelakanda Namasivayam Country flag representing In Managing Director05-Nov-2003Current
Kavitha Chidambaram Country flag representing In Company Secretary16-Apr-2019Current
Balakrishnan Sreenath CFO12-Nov-2020Current

Financial Performance of Southern Latex.

Southern Latex Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4% increase. The company also saw a slight improvement in profitability, with a 4.34% increase in profit. The company's net worth moved up by a moderate rise of 3.39%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.00%
Revenue from Operations
Total Assets
4.07%
Profit or Loss
4.34%
Net Worth
3.39%
EBITDA
-5.86%

What is the Ownership and Shareholding Structure of Southern Latex?

In 2022, Southern Latex had a promoter holding of 55.21% and a public holding of 44.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.19 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.12 Cr
  • State Bank Of Hyderabad : 0.82 Cr
  • The Tamil Nadu Industrial Investment Corporation Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 1997The Tamil Nadu Industrial Investment Corporation Limited₹2.55 MSatisfied
31 Oct 1992State Bank Of Hyderabad₹2.00 MSatisfied
15 Oct 1992State Bank Of Hyderabad₹3.10 MSatisfied
15 Oct 1992State Bank Of India₹3.10 MSatisfied
15 Oct 1992State Bank Of India₹8.10 MSatisfied

How Many Employees Work at Southern Latex?

Unlock and access historical data on people associated with Southern Latex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Southern Latex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Southern Latex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Southern Latex

Recent activity within the organization

  • Annual General Meeting

    Southern Latex Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Southern Latex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Balakrishnan Sreenath was appointed as a Cfo was appointed as a Cfo on 12 Nov 2020 & has been associated with this company since 4 years 3 months .

    12 Nov 2020

  • Director Appointment

    Kavitha Chidambaram was appointed as a Company Secretary was appointed as a Company Secretary on 16 Apr 2019 & has been associated with this company since 5 years 10 months .

    16 Apr 2019

  • Director Appointment

    Santhi was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 11 months .

    31 Mar 2015

  • Charges

    A charge registered on 15 Oct 1992 via Charge ID 90302551 with State Bank Of India was fully satisfied on 20 Aug 2014.

    20 Aug 2014

Frequently asked questions

  • What is the Incorporation or founding date of Southern Latex Limited?

    Southern Latex Limited was incorporated on 29 Mar 1989.

  • What is authorized share capital and paid-up capital of Southern Latex Limited?

    The authorized share capital of Southern Latex Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.36 Cr.

  • Who are the current board members & directors of Southern Latex Limited?

    Currently 6 directors are associated with Southern Latex Limited.

    • Krishnan Vinnakaram Balaji
    • Neelakanda Pillai Namasivayam
    • Santhi
    • Kavitha Chidambaram
    • Balakrishnan Sreenath
    • Muralikrishnan
  • What is the registered address of Southern Latex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Southern Latex Limited is B-11/W, Sipcot Industrialcomplex Gummidipoondi 601 201 India, Mgr District Tamil Nadu, 601201.

  • What is the corporate identification number (CIN) and company number of Southern Latex Limited?

    The corporate identification number (CIN) of Southern Latex Limited is L25199TN1989PLC017137 and the company number is 017137 as per Ministry of Corporate Affairs (MCA).

  • Is Southern Latex Limited registered with any stock exchange in India?

    Yes, Southern Latex Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Southern Latex Limited?

    The Official website of Southern Latex Limited is https://www.southernlatex.in

  • What has been the recent revenue trend for Southern Latex Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Southern Latex Limited has risen by 4.00%.

  • What change has been observed in the net worth of Southern Latex Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Southern Latex Limited has experienced an upsurge of 3.39%.

  • When was the last Balance Sheet of Southern Latex Limited filed with the ROC?

    The most recent Balance Sheet for Southern Latex Limited was filed with the ROC on 31 Mar 2024.

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