X

Southern Latex Ltd. Stock Analysis

Small Cap
Evaluated by 60 users | BSE: 514454 | NSE: |
Textile
Southern Latex was incorporated as a private limited company on March 29, 1989 and got converted into a public limited company in September 1993. It came out with a public issue on September 19, 1994. The registered office of the company is located at Tiruvallur, Tamil Nadu.The...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 7.81%18.23%5.7%3.65%1.89%1.79%2.61%2.71%3.05%3.39%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 22.42.21.81.20.40.1000
Y-o-Y Gr. Rt.-24.1%-11.2%-14.4%-37%-64.7%-65.9%-92.9%-100%NA
Adjusted EPS (Rs.) 0.280.80.350.230.120.120.180.190.220.25
Y-o-Y Gr. Rt.-185.7%-56.3%-34.3%-47.8%0%50%5.6%15.8%13.6%
Book Value per Share (Rs.) 3.045.756.116.366.486.636.8177.217.46
Adjusted Net Profit 0.20.60.30.20.10.10.10.10.20.2
Net Op. Cash Flow (Rs. Cr.) -0.2-1.7-0.100.10.2-0.1-0.3-0.30
Debt to Cash Flow from Ops -2.06-0.03-0.51-4.290.950.42-0.83-0.31-0.230
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Southern Latex Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -100%-100%-100%NA
Adjusted EPS -1.3%15.8%11.6%13.6%
Book Value per Share 10.52.93.13.5
Share Price -7.9% 8.5% -14.7% -30.6%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 12.8819.395.753.681.911.832.652.753.083.45
Operating Profit Margin (%) 13.8628.6916.2916.312.55-12.51-143.08-3517.500
Net Profit Margin (%) 7.624.1611.859.347.8521.6291.822116.0100
Debt to Equity 0.210.010.010.010.020.020.020.020.010.02
Working Capital Days 342244996541,1163,40410,4992,40,91600
Cash Conversion Cycle -56-164581714004983,93500
Entity Percentage Holding
Promoters 55.21%
Institutions 3.90%
Non-Institutions 40.88%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Southern Latex Ltd.'s performance infers:

Southern Latex Ltd. earnings have grown by 15.8%, whereas share price has appreciated 8.5% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Southern Latex Ltd. share prices over the last 10 years. Here is what we found out:

Southern Latex Ltd. share price has appreciated -7.1% annually over the past ten years.

Southern Latex was incorporated as a private limited company on March 29, 1989 and got converted into a public limited company in September 1993. It came out with a public issue on September 19, 1994. The registered office of the company is located at Tiruvallur, Tamil Nadu.

The company has been accumulating losses and a reference was made to the board for Industrial & Financial Reconstruction (BIFR), which declared it a sick industrial unit. A draft rehabilitation scheme is

Southern Latex was incorporated as a private limited company on March 29, 1989 and got converted into a public limited company in September 1993. It came out with a public issue on September 19, 1994. The registered office of the company is located at Tiruvallur, Tamil Nadu.

The company has been accumulating losses and a reference was made to the board for Industrial & Financial Reconstruction (BIFR), which declared it a sick industrial unit. A draft rehabilitation scheme is awaited.

The main area of the business:

The company is engaged in the manufacture of rubber products.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback