Southern Magnesium & Chemicals Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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  "main_header": {
    "sid": 203255,
    "name": "South. Magnesium",
    "stock_name": "South. Magnesium",
    "full_name": "Southern Magnesium & Chemicals Ltd",
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    "cmp": "92.00",
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    "dir": -1,
    "prev_price": "95.16",
    "mcapval": "29.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513498,
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    "ind_name": "Minerals & Mining",
    "ind_code": 54,
    "indexname": "India SENSEX",
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    "curr_date": "May 06",
    "curr_time": "",
    "bse_nse_vol": "685 ",
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    "traded_date": "May 06, 2026",
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    "results": [
      {
        "title": "Are Southern Magnesium & Chemicals Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-southern-magnesium-chemicals-ltd-latest-results-good-or-bad-3976422",
        "imagepath": "",
        "date": "2026-05-05 19:14:34",
        "description": "Southern Magnesium & Chemicals Ltd's latest financial results for Q4 FY26 indicate a complex operational landscape. The company reported net sales of ₹0.90 crores, reflecting a sequential growth of 55.17% from ₹0.58 crores in Q3 FY26. This improvement is noteworthy, especially considering the previous quarter's significant decline in revenue. Year-on-year, sales also showed an 11.11% increase compared to ₹0.81 crores in Q4 FY25.\n\nOn the profitability front, Southern Magnesium achieved a net profit of ₹0.06 crores, a notable turnaround from a loss in the prior quarter. The profit after tax margin stood at 6.67%, significantly better than the negative margin of -6.90% in Q3 FY26. However, this profit was heavily reliant on other income, which constituted nearly 28% of total revenue, raising concerns about the sustainability of this profitability.\n\nThe company's operating margin, excluding other income, was re..."
      },
      {
        "title": "Southern Magnesium Q4 FY26: Profits Return Amid Revenue Volatility, But Valuation Concerns Persist",
        "link": "https://www.marketsmojo.com/news/result-analysis/southern-magnesium-q4-fy26-profits-return-amid-revenue-volatility-but-valuation-concerns-persist-3974453",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/SouthernMagnesi_quaterlyResult_3974453.png",
        "date": "2026-05-04 18:30:49",
        "description": "Southern Magnesium & Chemicals Ltd., a micro-cap minerals and mining company specialising in magnesium products, reported a return to profitability in Q4 FY26 with a net profit of ₹0.06 crores, marking a recovery from the ₹0.04 crore loss recorded in the previous quarter. However, the company's highly volatile revenue trajectory and extreme valuation multiples continue to raise serious concerns for investors. The stock closed at ₹92.01 on May 4, 2026, up 5.76% on the day but down 36.54% over the past year, significantly underperforming both the broader market and its sector peers."
      },
      {
        "title": "When is the next results date for Southern Magnesium & Chemicals Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-southern-magnesium-chemicals-ltd-3967207",
        "imagepath": "",
        "date": "2026-04-28 23:16:06",
        "description": "The next results date for Southern Magnesium & Chemicals Ltd is scheduled for 04 May 2026...."
      },
      {
        "title": "Southern Magnesium & Chemicals Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/southern-magnesium-chemicals-ltd-is-rated-strong-sell-3950769",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/SouthernMagnesi_mojoScore_3950769.png",
        "date": "2026-04-17 10:10:20",
        "description": "Southern Magnesium & Chemicals Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 31 December 2024, reflecting a significant reassessment of the stock’s outlook. However, the analysis and financial metrics discussed below represent the company’s current position as of 17 April 2026, providing investors with the latest perspective on its performance and prospects."
      },
      {
        "title": "Markets Rally, But Southern Magnesium & Chemicals Ltd Sinks to 52-Week Low in Stock-Specific Sell-Off",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-falls-to-52-week-low-of-rs6115-3924051",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SouthernMagnesi_priceRelatedfactors_3924051.png",
        "date": "2026-03-30 09:57:10",
        "description": "While the broader market showed signs of recovery, Southern Magnesium & Chemicals Ltd plunged to a fresh 52-week low of Rs 61.15 on 30 Mar 2026, extending its recent losing streak amid persistent downward pressure."
      },
      {
        "title": "Five Consecutive Losses Push Southern Magnesium & Chemicals Ltd to a New 52-Week Low",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-falls-to-52-week-low-of-rs625-3906820",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SouthernMagnesi_priceRelatedfactors_3906820.png",
        "date": "2026-03-23 09:58:19",
        "description": ""
      },
      {
        "title": "Markets Rally, But Southern Magnesium & Chemicals Ltd Sinks to 52-Week Low in Stock-Specific Sell-Off",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-falls-to-52-week-low-of-rs6715-3903192",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SouthernMagnesi_priceRelatedfactors_3903192.png",
        "date": "2026-03-20 12:40:05",
        "description": ""
      },
      {
        "title": "Southern Magnesium & Chemicals Ltd Hits 52-Week Low at Rs.70",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-hits-52-week-low-at-rs70-3893431",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SouthernMagnesi_priceRelatedfactors_3893431.png",
        "date": "2026-03-16 10:15:08",
        "description": "Southern Magnesium & Chemicals Ltd has declined to a fresh 52-week low of Rs.70, marking a significant downturn in its share price amid ongoing sector pressures and company-specific performance issues."
      },
      {
        "title": "Southern Magnesium & Chemicals Ltd Falls to 52-Week Low of Rs.72",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-falls-to-52-week-low-of-rs72-3869121",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SouthernMagnesi_priceRelatedfactors_3869121.png",
        "date": "2026-03-04 10:16:04",
        "description": "Southern Magnesium & Chemicals Ltd has touched a new 52-week low of Rs.72 today, marking a significant decline amid broader market pressures and company-specific performance issues. The stock’s recent downward trajectory reflects ongoing concerns within the Minerals & Mining sector and the company’s financial metrics."
      }
    ],
    "total": 304,
    "sid": "203255",
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  },
  "announcements": [
    {
      "caption": "Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations 2015",
      "datetime": "04-May-2026",
      "details": "Certificate on Non-Applicability of Regulation 23(9) of SEBI (LODR) Regulations 2015 is attached herewith.",
      "source": "BSE"
    },
    {
      "caption": "Audited Financial Results For The Quarter And Financial Year Ended 31.03.2026",
      "datetime": "04-May-2026",
      "details": "Audited Financial Results for the quarter and financial year ended 31.03.2026 is attached herewith",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Change in Management",
      "datetime": "04-May-2026",
      "details": "Appointment of Secretarial Auditor and Internal Auditor for the financial year 2026-27",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
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    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
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      "msg": "No <strong>Splits</strong> history available",
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    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
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    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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}

News and Views

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

2026-05-05 19:14:34

Southern Magnesium & Chemicals Ltd's latest financial results for Q4 FY26 indicate a complex operational landscape. The company reported net sales of ₹0.90 crores, reflecting a sequential growth of 55.17% from ₹0.58 crores in Q3 FY26. This improvement is noteworthy, especially considering the previous quarter's significant decline in revenue. Year-on-year, sales also showed an 11.11% increase compared to ₹0.81 crores in Q4 FY25. On the profitability front, Southern Magnesium achieved a net profit of ₹0.06 crores, a notable turnaround from a loss in the prior quarter. The profit after tax margin stood at 6.67%, significantly better than the negative margin of -6.90% in Q3 FY26. However, this profit was heavily reliant on other income, which constituted nearly 28% of total revenue, raising concerns about the sustainability of this profitability. The company's operating margin, excluding other income, was re...

Read full news article

Southern Magnesium Q4 FY26: Profits Return Amid Revenue Volatility, But Valuation Concerns Persist

2026-05-04 18:30:49

Southern Magnesium & Chemicals Ltd., a micro-cap minerals and mining company specialising in magnesium products, reported a return to profitability in Q4 FY26 with a net profit of ₹0.06 crores, marking a recovery from the ₹0.04 crore loss recorded in the previous quarter. However, the company's highly volatile revenue trajectory and extreme valuation multiples continue to raise serious concerns for investors. The stock closed at ₹92.01 on May 4, 2026, up 5.76% on the day but down 36.54% over the past year, significantly underperforming both the broader market and its sector peers.

Read full news article

When is the next results date for Southern Magnesium & Chemicals Ltd?

2026-04-28 23:16:06

The next results date for Southern Magnesium & Chemicals Ltd is scheduled for 04 May 2026....

Read full news article

Southern Magnesium & Chemicals Ltd is Rated Strong Sell

2026-04-17 10:10:20

Southern Magnesium & Chemicals Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 31 December 2024, reflecting a significant reassessment of the stock’s outlook. However, the analysis and financial metrics discussed below represent the company’s current position as of 17 April 2026, providing investors with the latest perspective on its performance and prospects.

Read full news article

Markets Rally, But Southern Magnesium & Chemicals Ltd Sinks to 52-Week Low in Stock-Specific Sell-Off

2026-03-30 09:57:10

While the broader market showed signs of recovery, Southern Magnesium & Chemicals Ltd plunged to a fresh 52-week low of Rs 61.15 on 30 Mar 2026, extending its recent losing streak amid persistent downward pressure.

Read full news article

Five Consecutive Losses Push Southern Magnesium & Chemicals Ltd to a New 52-Week Low

2026-03-23 09:58:19

Read full news article

Markets Rally, But Southern Magnesium & Chemicals Ltd Sinks to 52-Week Low in Stock-Specific Sell-Off

2026-03-20 12:40:05

Read full news article

Southern Magnesium & Chemicals Ltd Hits 52-Week Low at Rs.70

2026-03-16 10:15:08

Southern Magnesium & Chemicals Ltd has declined to a fresh 52-week low of Rs.70, marking a significant downturn in its share price amid ongoing sector pressures and company-specific performance issues.

Read full news article

Southern Magnesium & Chemicals Ltd Falls to 52-Week Low of Rs.72

2026-03-04 10:16:04

Southern Magnesium & Chemicals Ltd has touched a new 52-week low of Rs.72 today, marking a significant decline amid broader market pressures and company-specific performance issues. The stock’s recent downward trajectory reflects ongoing concerns within the Minerals & Mining sector and the company’s financial metrics.

Read full news article

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