The Board at its meeting has inter alia (i)Approved the Unaudited Financial Results along with the Limited Review Report by the Auditors, for the Quarter ended 30th June 2026, which have ....
RESULTS
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 05 Aug 2026, 03:56 PM IST · BSE ID: 82e3791c-6c01-4159-9515-cd4dcfd2acde
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its first-quarter earnings and plans to change its business focus and company name.
🤖 AI Summary
- Southern Latex Board approved Q1 FY27 Unaudited Financial Results with Profit After Tax of Rs. 1.31 Lakhs.
- Board approved alteration of Main Objects Clause and a proposal for a new company name.
- 37th Annual General Meeting to be held on September 10, 2026, via Video Conferencing/Other Audio Visual Means.
- Record date for AGM e-voting is September 3, 2026, with share transfer books closed from September 4-10, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Income (Q1 FY27)
6.00 Lakhs
Profit / (Loss) after Tax (Q1 FY27)
1.31 Lakhs
3.15%
Basic EPS (Q1 FY27)
0.018 Rs.
5.88%
Revenue from Operations (Q1 FY27)
-
🏢 How This Affects the Company
The approval to alter the Main Objects Clause and propose a new company name indicates a planned strategic shift away from the current rubber industry focus. This suggests an intention to diversify or enter new business activities.
The company reported Total Income of Rs. 6.00 Lakhs and Profit After Tax of Rs. 1.31 Lakhs for Q1 FY27. This financial performance provides an interim update for the current fiscal year.
The proposed change in business activities will require operational adjustments, including potential changes in resource allocation, workforce skills, and supply chain management to support the new strategic direction.
The proposed shift in business activities introduces execution risk associated with entering new markets or changing core operations. The success of the name change and new business endeavors will depend on effective implementation.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are required to participate in the 37th Annual General Meeting on September 10, 2026, to vote on resolutions including the alteration of the Main Objects Clause and the company name change.
👤
Who Is Affected
Shareholders registered by the record date of September 3, 2026, will be eligible to vote at the Annual General Meeting. Those holding shares during the book closure period (September 4-10, 2026) will not be able to trade them.
🔍
Management Signal
Management intends to strategically reposition the company by changing its core business activities and corporate identity, moving away from its current rubber industry association.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Outcome of 37th Annual General Meeting — observe shareholder approvals for proposed changes.
Regulatory filings on new Main Objects Clause and company name — track official completion.
Q2 FY27 financial results — assess if revenue from operations shows changes reflecting new strategy.
MEDIUM RISK
Company proposes significant strategic shift without immediate detail on new business areas; execution risk is present.
💡 Investor Takeaway
Southern Latex reported Q1 FY27 Profit After Tax of Rs. 1.31 Lakhs on Total Income of Rs. 6.00 Lakhs. The Board approved plans to alter its main business objects and change the company name, signaling a strategic repositioning.
⚖️ Strengths & Concerns
✅ Positives
- Profit After Tax for Q1 FY27 was Rs. 1.31 Lakhs, showing a marginal increase from Rs. 1.27 Lakhs in Q1 FY26.
- Total Income for Q1 FY27 remained stable at Rs. 6.00 Lakhs compared to Q1 FY26.
⚠️ Concerns
- Revenue from Operations for Q1 FY27 was nil, consistent with nil revenue in Q1 FY26 and Q4 FY26.
- The company's Total Income is entirely from Other Income, which stood at Rs. 6.00 Lakhs for Q1 FY27.
📅 Company Track Record
Southern Latex previously informed BSE of its Board meeting to approve Q1 FY27 results on August 5, 2026, following a prior announcement for FY26 audited results on May 21, 2026. The company operates only in one segment: coir sales.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Southern Latex's Profit After Tax for the quarter ended June 30, 2026?
Southern Latex reported a Profit After Tax of Rs. 1.31 Lakhs for the quarter ended June 30, 2026.
What was Southern Latex's Total Income for Q1 FY27?
The company's Total Income for the quarter ended June 30, 2026, was Rs. 6.00 Lakhs, entirely from Other Income.
What strategic changes did Southern Latex's Board approve?
The Board approved the alteration of the Main Objects Clause and a proposal to adopt a new company name, indicating a shift in business profile.
When is Southern Latex's 37th Annual General Meeting?
The 37th Annual General Meeting of Southern Latex will be held on Thursday, September 10, 2026, at 11:30 A.M.
What is the record date for voting at Southern Latex's AGM?
The record date for determining shareholders eligible to vote at the Annual General Meeting is Thursday, September 03, 2026.
Questions based on this BSE filing only. For information purposes.