TipHub

₹22.8

▼ -1.2 -5.00%

29 Jul 2026

BSE Listed

GSM · GSM 2
What does GSM · GSM 2 mean?
BSE · Graded Surveillance Measure (GSM 2)GSM targets fundamentally weak companies whose price doesn't square with their financials (tiny net worth or negative/extreme P/E). Practical meaning: the exchange doubts the price is backed by the business. Stage 0 is a watchlist; each higher stage makes the stock progressively harder to trade — tighter bands, full upfront margin, weekly-only trading, and at Stage IV no upward price movement at all. Exiting requires a quarterly review finding the criteria no longer met.Criteria: Shortlisted on objective financial parameters — net worth, net fixed assets, price-to-earnings multiple and market capitalisation. Stage 0 = base surveillance watchlist (identified under GSM, no graded price restriction yet); Stages I–VI add escalating curbs (price band, 100% margin, periodic call auction, settlement on a gross/trade-for-trade basis, no upward price movement).Exchange notice · 2026-07-08

Southern Latex Ltd. (514454)

Volume: 108Avg Vol 1W: 240Avg Vol 1M: 2,75852W Range:₹21.62₹89.88
BSE www.southernlatexlimited.com AI Report
Key Ratios
Checked 3h ago
Market Cap₹17 Cr
Current Price₹22.8
Previous Close₹24
High / Low (52w)₹89.88 / ₹21.62
Volume108
Avg Vol (1W)240
Avg Vol (1M)2,758
Stock P/E61.62
Book Value₹9.58
Dividend Yield0%
ROE390.26%
ROA409.03%
Revenue (TTM)—
Revenue Growth—
Profit Margin0%
Total Debt—
Shares Outstanding1 Cr
Face Value—
EPS (TTM)₹0.37
P/B2.38
Debt / Equity0
50 DMA₹29.63
200 DMA₹41.43
Day change-5.00%
SurveillanceGSM · GSM 2
Price Chart
₹22.8▼ 16.33% · 1Y
₹90₹233.6L
2025-07-29
2026-07-29

20-day avg volume: 2K shares

Pros
  • Healthy return on equity of 390.3%.
  • Company is almost debt-free.
Cons
  • Stock trades at a high P/E of 62.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS0.210.250.250.260.270.320.320.31
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹5 Cr₹6 Cr₹6 Cr₹6 Cr₹6 Cr₹6 Cr₹7 Cr₹7 Cr
Total Liabilities₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Equity₹5 Cr₹5 Cr₹6 Cr₹6 Cr₹6 Cr₹6 Cr₹7 Cr₹7 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Free Cash Flow₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Shareholding
Promoter 65.57% Institutions 3.9% Public 30.53%
Efficiency & Working Capital
ROCE4.6%
Interest Coverage0
Dividend Payout—
Debtor Days—
Inventory Days—
Payable Days—
Cash Conversion Cycle—
Working Capital Days—
Shareholding Details

As of 2026-06-30

Promoter65.6%
FII1.6%
DII2.3%
Institutions3.9%
Public30.5%
Promoter Pledge0%
No. of Shareholders7,827
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters56%56%56%56%56%56%60.8%60.8%60.8%60.8%65.6%65.6%
FIIs1.6%1.6%1.6%1.6%1.6%1.6%1.6%1.6%1.6%1.6%1.6%1.6%
DIIs2.3%2.3%2.3%2.3%2.3%2.3%2.3%2.3%2.3%2.3%2.3%2.3%
Public40.1%40.1%40.1%40.1%40.1%40.1%35.3%35.3%35.3%35.3%30.5%30.5%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders6,9236,9206,9746,9857,0547,0897,0837,0807,0457,5697,5897,827
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Klassic Industries Private LimitedShareholding of Promoter and Promoter Group42%30,89,677
Nortan Electricals Private LimitedShareholding of Promoter and Promoter Group23.6%17,35,797
M/s Southern India Depository Svs Pvt LtdPublic Shareholding2.2%1,64,000
M/s Morgan Stanley Asset Management IncPublic Shareholding1.6%1,20,800
Padmanabhan V KShareholding of Promoter and Promoter Group0%100
Bohra S MShareholding of Promoter and Promoter Group0%100
Board of Directors
NameDesignationYear
N Neelakanda PillaiExecutive Director & MD2025
MuralikrishnanNon-Exec & Non-Independent Dir2025
Srinivasan BalasubramanianIndependent Non Exe. Director2025
Kavitha CCompany Sec. & Compli. Officer2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹101077
Insider / Designated-Person Trades

2 recent disclosure(s)

IT VILLAGE.COM PRIVATE LIMITEDDisposal · 3,58,037
KLASSIC INDUSTRIES PRIVATE LIMITEDAcquisition · 3,50,273
Substantial Acquisitions (SAST)

2 disclosure(s)

Market27/03/2025 · 3,57,581
Market27/03/2025 · 3,58,000
Company Information
Incorporated1989
AuditorBalaji & Tulasiraman
Investor Email[email protected]
🌐 www.southernlatexlimited.com ↗

📍 B-11/W Sipcot Indl Complex, Gummidipoondi, Tiruvallur, Tamil Nadu, 601201

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