South. Magnesium

how big is South. Magnesium?

As of Jun 06, Southern Magnesium & Chemicals Ltd has a market capitalization of 42.00 Cr, with net sales of 12.43 Cr and a net profit of 3.20 Cr over the latest four quarters. The standalone balance sheet shows shareholder's funds of 9.72 Cr and total assets of 13.00 Cr.

As of Jun 06, Southern Magnesium & Chemicals Ltd has a market capitalization of 42.00 Cr, categorizing it as a Micro Cap company.<BR><BR>As of Jun 06, the company reported a sum of Net Sales for the latest 4 quarters amounting to 12.43 Cr and a sum of Net Profit of 3.20 Cr. This data is based on Standalone financials.<BR><BR>As of Mar 24, the Standalone balance sheet shows Shareholder's Funds of 9.72 Cr and Total Assets of 13.00 Cr.

Who are in the management team of South. Magnesium?

As of March 2022, the management team of South. Magnesium includes N Ravi Prasad (Managing Director & CEO), N Rajender Prasad (Joint MD & CFO), and four independent directors: V S S Prakash, K Eshwaraiah, G Raghavendra Rao, along with Padmavathi Kollipara as a nominee from APIDC.

As of March 2022, the management team of South. Magnesium includes the following individuals:<BR><BR>1. N Ravi Prasad - Managing Director & CEO<BR>2. N Rajender Prasad - Joint MD & CFO<BR>3. V S S Prakash - Independent Director<BR>4. K Eshwaraiah - Independent Director<BR>5. G Raghavendra Rao - Independent Director<BR>6. Padmavathi Kollipara - Nominee (APIDC)<BR><BR>These individuals play key roles in the governance and operational leadership of the company.

What does South. Magnesium do?

Southern Magnesium & Chemicals Ltd is a micro-cap company that manufactures Magnesium Metal, with a market cap of Rs 41 Cr and reported net sales of 1 Cr and net profit of 0 Cr for March 2025. Key metrics include a P/E of 13.00 and a return on equity of 25.32%.

Overview:<BR>Southern Magnesium & Chemicals Ltd is a micro-cap company in the Minerals & Mining industry that manufactures Magnesium Metal.<BR><BR>History:<BR>Incorporated in February 1985, Southern Magnesium & Chemicals Ltd has established a project in Gowripatnam, Andhra Pradesh, in collaboration with the Andhra Pradesh Industrial Development Corporation. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 1 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 41 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00 <BR>Industry P/E: 17 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.10 <BR>Return on Equity: 25.32% <BR>Price to Book: 3.33 <BR><BR>Contact Details:<BR>Address: Deccan Chambers 5th Floor, 6-3-666/B Somajiguda Hyderabad Telangana : 500082 <BR>Tel: 91-40-23311789 <BR>Email: southernmagnesium@gmail.com <BR>Website: http://www.southernmagnesium.com

Has South. Magnesium declared dividend?

No Dividend History Available

Who are the peers of the South. Magnesium?

Peers of South. Magnesium include NMDC, Gravita India, MOIL, and others, with varying management and growth ratings. Gravita India leads in 1-year returns at 73.26%, while South. Magnesium's return is -33.16%.

Peers: The peers of South. Magnesium are NMDC, Gravita India, GMDC, MOIL, Ashapura Minech., Orissa Minerals, 20 Microns, NILE, Raw Edge Indust., and Kachchh Minerals.<BR><BR>Quality Snapshot: Excellent management risk is observed at NMDC and Gravita India, while Good management risk is found at MOIL and South. Magnesium. Average management risk is present at GMDC, 20 Microns, NILE, and Kachchh Minerals, while Below Average management risk is noted at Ashapura Minech. and Raw Edge Indust. The peers exhibit a range of growth ratings, with Excellent growth at Gravita India and Ashapura Minech., Good growth at GMDC and South. Magnesium, Average growth at NMDC and Kachchh Minerals, and Below Average growth at MOIL and 20 Microns. Capital Structure ratings show Excellent at NMDC, GMDC, and MOIL, Good at Gravita India and 20 Microns, Average at Kachchh Minerals, and Below Average at Ashapura Minech., Raw Edge Indust., and the rest.<BR><BR>Return Snapshot: Gravita India has the highest 1-year return at 73.26%, while MOIL has the lowest at -31.07%. South. Magnesium's 1-year return of -33.16% is lower than that of Gravita India but higher than MOIL. Additionally, several peers, including Orissa Minerals, Raw Edge Indust., and Ashapura Minech., have negative six-month returns.

What is the technical trend for South. Magnesium?

As of May 12, 2025, the market trend is mildly bearish, influenced by bearish daily moving averages and Bollinger Bands, with mixed signals from MACD and KST indicating weak bearish sentiment in the short term.

As of 12 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the Bollinger Bands showing a bearish signal on both weekly and monthly time frames. The MACD is mildly bullish on the weekly but turns mildly bearish on the monthly, suggesting mixed signals. The KST aligns with this by being mildly bullish weekly and mildly bearish monthly, while the Dow Theory indicates a mildly bullish weekly trend but no trend on the monthly. Overall, the indicators suggest a weak bearish sentiment in the short term, with some conflicting signals in the longer term.

Who are the top shareholders of the South. Magnesium?

The top shareholders of South. Magnesium include Ravi Prasad Nuthakki with 14.66%, the Andhra Pradesh Industrial Development Corporation Limited at 11.25%, and individual investors holding a combined 36.59%. There are no mutual funds or foreign institutional investors in the company.

The top shareholders of South. Magnesium include the promoters, with Ravi Prasad Nuthakki holding the highest stake at 14.66%. Additionally, the Andhra Pradesh Industrial Development Corporation Limited is the largest public shareholder, owning 11.25%. Individual investors collectively hold 36.59% of the company's shares. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company.

Is South. Magnesium overvalued or undervalued?

As of October 9, 2025, South. Magnesium is considered very expensive and overvalued with a PE Ratio of 20.98 and an EV to EBITDA of 17.37, especially after a disappointing year-to-date return of -64.64%, compared to its peers and the Sensex's positive return of 5.16%.

As of 9 October 2025, the valuation grade for South. Magnesium has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE Ratio of 20.98, an EV to EBITDA of 17.37, and a ROCE of 60.44%. <BR><BR>In comparison to its peers, Hindustan Zinc has a PE Ratio of 21.01 and an EV to EBITDA of 12.61, while Vedanta stands out with a more attractive PE Ratio of 14.35 and an EV to EBITDA of 5.76. The recent performance of South. Magnesium has been disappointing, with a year-to-date return of -64.64%, contrasting sharply with the Sensex's positive return of 5.16% in the same period, further reinforcing the view that the stock is overvalued.

When is the next results date for South. Magnesium?

The next results date for South. Magnesium is 12 November 2025.

The next results date for South. Magnesium is scheduled for 12 November 2025.

How has been the historical performance of South. Magnesium?

South. Magnesium has shown significant growth in net sales, increasing from 2.01 Cr in Mar'21 to 12.43 Cr in Mar'25, while total assets rose from 3.42 Cr to 19.62 Cr in the same period. Profitability metrics have fluctuated, with profit after tax at 3.20 Cr in Mar'25, down from 3.53 Cr in Mar'23.

Answer:<BR>The historical performance of South. Magnesium shows a significant growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>South. Magnesium's net sales have increased from 2.01 Cr in Mar'21 to 12.43 Cr in Mar'25, indicating a strong upward trend. Total operating income followed a similar pattern, rising from 2.34 Cr in Mar'22 to 12.43 Cr in Mar'25. The company's total expenditure also grew, reaching 8.52 Cr in Mar'25, up from 1.71 Cr in Mar'22. Operating profit (PBDIT) has fluctuated, peaking at 4.95 Cr in Mar'23 before slightly declining to 4.48 Cr in Mar'25. Profit before tax showed a similar trend, with a high of 4.88 Cr in Mar'23 and a slight decrease to 4.27 Cr in Mar'25. Profit after tax reached 3.20 Cr in Mar'25, down from 3.53 Cr in Mar'23. The company's total assets have grown significantly from 3.42 Cr in Mar'20 to 19.62 Cr in Mar'25, while total liabilities increased from 3.42 Cr to 19.62 Cr in the same period. Cash flow from operating activities improved to 4.00 Cr in Mar'25, compared to a negative 3.00 Cr in Mar'24, reflecting a recovery in operational efficiency. Overall, South. Magnesium has demonstrated substantial growth in sales and assets, alongside fluctuating profitability metrics.

Are Southern Magnesium & Chemicals Ltd latest results good or bad?

Southern Magnesium & Chemicals Ltd's latest results are concerning, showing an 81.58% decline in net profit and a 57.76% drop in revenue year-on-year, indicating significant operational challenges and a need for improvement. Despite a sequential revenue increase, the overall performance reflects serious issues in maintaining profitability.

Southern Magnesium & Chemicals Ltd's latest results are concerning. In Q2 FY26, the company reported a net profit of ₹0.21 crores, which represents a dramatic decline of 81.58% year-on-year. Revenue also fell significantly, down 57.76% to ₹1.66 crores compared to the same quarter last year. While there was a notable sequential improvement, with revenue increasing by 654.55% from the previous quarter, this rebound merely underscores the severity of the prior quarter's performance, where the company faced substantial operational challenges.<BR><BR>The operating margin has also deteriorated sharply, dropping from 35.11% a year ago to just 15.66%, indicating significant pressure on profitability. The profit after tax margin of 12.65% is a stark contrast to the 29.01% achieved in the same quarter last year.<BR><BR>Overall, the financial performance reflects severe operational issues, with the company struggling to maintain consistent revenue and profitability levels. The significant declines in both revenue and profit, alongside the volatility in performance, suggest that the company is facing serious challenges in its operations and market environment. Therefore, the latest results can be characterized as bad, highlighting a critical need for the company to address its operational and financial difficulties.

Should I buy, sell or hold Southern Magnesium & Chemicals Ltd?

Why is Southern Magnesium & Chemicals Ltd falling/rising?

As of 17-Mar, Southern Magnesium & Chemicals Ltd's stock price is declining at 68.80, down 1.71% over four consecutive days, totaling a 13.96% drop. The stock has underperformed significantly over the past year, trading below its moving averages and nearing its 52-week low, amid negative sentiment due to operating losses and weak fundamentals.

As of 17-Mar, Southern Magnesium & Chemicals Ltd is experiencing a decline in its stock price, currently at 68.80, which reflects a change of -1.2 (-1.71%). The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of -13.96% during this period. This performance is further highlighted by the stock's significant underperformance compared to the broader market, as it has generated a return of -53.04% over the past year, while the Sensex has increased by 2.56%.<BR><BR>The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 2.14% away from the low of Rs 67.33. <BR><BR>Despite a rise in investor participation, with delivery volume increasing by 108.54% against the 5-day average, the overall sentiment remains negative due to the company's operating losses and weak long-term fundamental strength. The company has reported a negative EBITDA and a return on capital employed (ROCE) at its lowest of 4.79%, which contributes to the perception of risk associated with the stock. Overall, these factors collectively indicate why Southern Magnesium & Chemicals Ltd is currently falling in price.

Why is Southern Magnesium & Chemicals Ltd falling/rising?

As of 18-Mar, Southern Magnesium & Chemicals Ltd's stock price is rising to 74.45, reflecting a 6.1% increase. This short-term gain is driven by strong investor interest and recent performance, despite significant long-term declines and ongoing financial challenges.

As of 18-Mar, Southern Magnesium & Chemicals Ltd's stock price is rising, currently at 74.45, reflecting a change of 4.28 or 6.1% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 7.24% today and has been on a consecutive gain for the last two days, accumulating a total return of 6.36% during this period. Additionally, the stock opened with a significant gain of 8.31% today and reached an intraday high of Rs 76.<BR><BR>Moreover, there has been a notable increase in investor participation, with delivery volume rising by 13.11% against the 5-day average, indicating growing interest among investors. However, it is important to note that despite this short-term rise, the stock has experienced considerable declines over longer periods, such as a 51.58% drop over the past year and a 17.34% decline year-to-date. The company is facing challenges, including operating losses and negative EBITDA, which contribute to its classification as a risky investment. Nonetheless, the recent performance suggests a temporary rebound in stock price amidst ongoing concerns about its long-term fundamentals.

Why is Southern Magnesium & Chemicals Ltd falling/rising?

As of 19-Mar, the stock price of Southern Magnesium & Chemicals Ltd is declining, currently at 73.95, with a significant underperformance over various periods, including a 1-year return of -50.70%. The stock faces operational challenges and decreased investor participation, contributing to its negative momentum.

As of 19-Mar, the stock price of Southern Magnesium & Chemicals Ltd is falling, currently at 73.95, reflecting a decrease of 0.59 or 0.79%. This decline is part of a broader trend, as the stock has underperformed significantly over various periods, including a 1-year return of -50.70% and a year-to-date decline of -17.90%. <BR><BR>Today, the stock has shown a trend reversal after two consecutive days of gains, indicating a shift in momentum. Additionally, the performance of the stock is contrasted against the Sensex, where it has also lagged, with a 1-month decline of -12.01% compared to the benchmark's -10.05%. <BR><BR>Investor participation appears to be decreasing, as evidenced by a significant drop in delivery volume, which fell by 47.76% against the 5-day average. The sector itself, specifically Non-Ferrous Metals, has also seen a decline of -5.16%, contributing to the negative sentiment surrounding the stock. <BR><BR>Moreover, the company is facing operational challenges, including negative EBITDA and a weak long-term fundamental strength, which further exacerbates the stock's decline. With operating losses and a return on capital employed (ROCE) at a low of 4.79%, the stock is considered risky compared to its historical valuations. Overall, these factors collectively explain the current downward movement in the stock price of Southern Magnesium & Chemicals Ltd.

Why is Southern Magnesium & Chemicals Ltd falling/rising?

As of 20-Mar, Southern Magnesium & Chemicals Ltd's stock price is at Rs. 68.50, down 7.37%, and has significantly underperformed the Sensex with a year-to-date decline of 23.95%. The stock is experiencing high volatility, trading below key moving averages, and showing decreased investor participation.

As of 20-Mar, Southern Magnesium & Chemicals Ltd's stock price is falling, currently at Rs. 68.50, which reflects a decrease of Rs. 5.45 or 7.37%. The stock has been underperforming significantly, with a 1-week decline of 6.95% compared to a negligible change in the Sensex of -0.04%. Over the past month, the stock has dropped 18.94%, while the Sensex has only decreased by 10.00%. Year-to-date, the stock is down 23.95%, contrasting with a 12.54% decline in the benchmark index.<BR><BR>Today, the stock hit a new 52-week low of Rs. 67.15 and has been on a downward trend, losing 8.1% over the last two days. Despite opening with a gain of 2.77% and reaching an intraday high of Rs. 76, it quickly fell to its low of Rs. 67.15, indicating high volatility with an intraday fluctuation of 6.17%. Additionally, the stock is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically signals a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume falling by 46.56% compared to the 5-day average, suggesting a lack of confidence among investors. Overall, these factors contribute to the stock's continued decline.

Which are the latest news on South. Magnesium?

Which are the latest news on South. Magnesium?

Which are the latest news on South. Magnesium?