South. Magnesium

Which are the latest news on South. Magnesium?

Why is Southern Magnesium & Chemicals Ltd falling/rising?

As of 05-Sep, the stock price of Southern Magnesium & Chemicals Ltd is currently at 75.58, reflecting a decline of 4.82% after a trend reversal. The stock has underperformed its sector and the benchmark Sensex, with a year-to-date decline of 16.09% and a significant drop of 36.35% over the past year.

As of 05-Sep, the stock price of Southern Magnesium & Chemicals Ltd is falling, currently at 75.58, which reflects a decrease of 3.83 or 4.82%. This decline follows a trend reversal after five consecutive days of gains. Despite opening the day with a gain of 5.77% and reaching an intraday high of Rs 83.99, the stock has since dropped significantly, touching a low of Rs 75.5, indicating high volatility with an intraday fluctuation of 5.32%.<BR><BR>The stock has underperformed its sector by 6.48% today, and its year-to-date performance shows a decline of 16.09%, which is worse than the benchmark Sensex's decline of 10.21%. Over the past year, the stock has decreased by 36.35%, while the Sensex has only fallen by 5.21%. Additionally, the stock is currently trading lower than the 100-day and 200-day moving averages, although it is above the 5-day, 20-day, and 50-day moving averages. <BR><BR>Overall, the combination of high volatility, recent performance trends, and underperformance relative to the sector and benchmark indices contribute to the current decline in the stock price of Southern Magnesium & Chemicals Ltd.

Who are in the management team of South. Magnesium?

The management team of South Magnesium includes N Ravi Prasad (Managing Director & CEO), N Rajender Prasad (Joint Managing Director & CFO), and independent directors V S S Prakash, K Eshwaraiah, and G Raghavendra Rao, along with nominee Padmavathi Kollipara (APIDC).

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 Managing Director & 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>If you need more information about their roles or the company, feel free to ask!

What does South. Magnesium do?

Southern Magnesium & Chemicals Ltd is a micro-cap company focused on producing magnesium metal products, with recent quarterly results showing net sales and profit of 0 Cr. The company has a market cap of INR 21 Cr and operates with a debt-equity ratio of 0.12.

Overview: <BR>Southern Magnesium & Chemicals Ltd is a micro-cap company in the Minerals & Mining industry, specializing in the production of magnesium metal products.<BR><BR>History: <BR>Incorporated in February 1985, Southern Magnesium & Chemicals Limited (SMCL) was established as a joint venture with the Andhra Pradesh Industrial Development Corporation to manufacture magnesium metal. The latest quarterly results reported net sales and net profit of 0 Cr for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 0 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 21 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 14 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.12 <BR>Return on Equity: -2.07% <BR>Price to Book: 1.63<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

Who are the peers of the South. Magnesium?

Peers of South. Magnesium include Gravita India, Ashapura Minech., MOIL, and others. South. Magnesium has a 1-year return of -35.40%, with average management risk and good capital structure compared to its peers.

Peers: The peers of South. Magnesium are Gravita India, Ashapura Minech., MOIL, Orissa Minerals, 20 Microns, NILE, Goa Carbon, Asi Industries, Raw Edge Indust., and Kachchh Minerals.<BR><BR>Quality Snapshot: Excellent management risk is observed at Gravita India, while Average management risk is found at Ashapura Minech., 20 Microns, NILE, Goa Carbon, Asi Industries, and Kachchh Minerals, and the rest. Good management risk is noted at MOIL, while Orissa Minerals does not qualify. Growth is Excellent at Ashapura Minech., Good at Gravita India and 20 Microns, and Below Average at MOIL, NILE, Goa Carbon, Asi Industries, South. Magnesium, Kachchh Minerals, and the rest. Orissa Minerals does not qualify for growth. Capital Structure is Excellent at MOIL and Asi Industries, Good at South. Magnesium and Gravita India, Average at Goa Carbon and Kachchh Minerals, Below Average at Ashapura Minech. and Raw Edge Indust., and the rest.<BR><BR>Return Snapshot: Gravita India has the highest 1-year return at 11.09%, while MOIL has the lowest at -24.84%, with South. Magnesium's 1-year return at -35.40% being lower than both. Additionally, the six-month return is negative for MOIL, NILE, and Raw Edge Indust.

How big is South. Magnesium?

As of 31st August, Southern Magnesium & Chemicals Ltd has a market capitalization of 21.00 Cr, with net sales of 3.46 Cr and a net loss of 0.27 Cr over the latest four quarters. The balance sheet for March 2025 shows shareholder's funds of 12.92 Cr and total assets of 19.62 Cr.

As of 31st August, Southern Magnesium & Chemicals Ltd has a market capitalization of 21.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 3.46 Cr. However, it experienced a loss of 0.27 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 12.92 Cr and Total Assets of 19.62 Cr.

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

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

The next results date for Southern Magnesium & Chemicals Ltd is August 7, 2026.

The next results date for Southern Magnesium & Chemicals Ltd is scheduled for August 7, 2026.

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

Southern Magnesium & Chemicals Ltd's latest results show a net profit turnaround and significant revenue growth, but concerns about declining operating margins and a high P/E ratio suggest underlying challenges, leading to a cautious outlook overall.

Southern Magnesium & Chemicals Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹0.06 crores in Q4 FY26, a significant turnaround from a loss in the previous quarter, indicating a positive shift in profitability. Additionally, revenue saw a substantial increase of 55.17% quarter-on-quarter, reaching ₹0.90 crores, which is also an 11.11% improvement year-on-year.<BR><BR>However, there are several concerning aspects. The operating margin, excluding other income, remained at 0.0%, a stark decline from the 35.11% achieved in the same quarter a year prior. This suggests that the core business is struggling to generate sustainable profits without relying heavily on other income, which accounted for nearly 28% of total revenue in this quarter.<BR><BR>Moreover, the company's P/E ratio stands at an extremely elevated 217x, far exceeding the industry average of 15x, indicating that the stock may be overvalued relative to its earnings potential. The overall financial performance has been erratic, with significant revenue volatility observed over recent quarters.<BR><BR>In summary, while there are some positive signs in terms of profitability and revenue growth, the underlying operational challenges and high valuation metrics suggest that the company's performance is not robust. This combination of factors leads to a cautious outlook, and many analysts would likely categorize the results as more negative than positive overall.

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.

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.

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.

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.

Has South. Magnesium declared dividend?

No Dividend History Available