A composite of natural rubber (NR) with polyaniline (PANI) was obtained by mixing an aqueous dispersion of dodecylbenzenesulfonic acid (DBSA)-doped PANI with NR latex in different concentrations. Films were obtained by the casting method and characterized by ultraviolet visible near-infrared (UV-Vis-NIR) spectroscopy, thermogravimetry/differential thermogravimetry (TG/DTG), stress-strain testing, differential scanning calorimetry (DSC), and DC electrical conductivity measurements. The UV-vis-NIR spectrum showed that PANI remained doped in the composite, and this improved the mechanical and electrical proprieties of NR films and afforded them good thermal stability up to ~200ºC. The percolation threshold did not follow the universal critical exponent, and in this case, conduction preferentially occurs by hopping and tunneling.