South. Magnesium

Which are the latest news on South. Magnesium?

Why is Southern Magnesium & Chemicals Ltd falling/rising?

As of 10-Aug, the stock price of Southern Magnesium & Chemicals Ltd is at 70.79, down -4.53% and significantly underperforming compared to the Sensex. The stock has seen a year-to-date decline of -21.41% and a one-year drop of -43.68%, indicating a bearish trend.

As of 10-Aug, the stock price of Southern Magnesium & Chemicals Ltd is falling, currently at 70.79, reflecting a change of -3.36 (-4.53%). The stock has underperformed compared to the benchmark Sensex, which has only declined by -0.12% over the past week. Over the past month, the stock has decreased by -4.01%, while the Sensex has increased by +1.25%. Year-to-date, the stock has seen a significant drop of -21.41%, compared to the Sensex's decline of -7.84%. <BR><BR>In the past year, the stock has plummeted by -43.68%, while the Sensex has only fallen by -1.65%. The three-year performance shows a decline of -24.07% for the stock, contrasting sharply with the Sensex's gain of +19.57%. <BR><BR>Today's trading activity indicates a particularly negative trend, as the stock opened with a loss of -9.64% and reached an intraday low of Rs 67. The stock has also exhibited high volatility, with an intraday volatility of 5.3%. Furthermore, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in delivery volume, which increased by 77.07% against the 5-day average, the overall performance and trading conditions suggest that the stock is currently in a downward trajectory.

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.

How big is South. Magnesium?

As of 10th June, Southern Magnesium & Chemicals Ltd has a market capitalization of 23.00 Cr, with Net Sales of 3.36 Cr and a Net Profit of 0.13 Cr reported in the latest four quarters. Shareholder's Funds are 12.92 Cr and Total Assets are valued at 19.62 Cr for the annual period ending in March 2025.

As of 10th June, Southern Magnesium & Chemicals Ltd has a market capitalization of 23.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 3.36 Cr and a Net Profit of 0.13 Cr.<BR><BR>For the latest annual period ending in March 2025, the Shareholder's Funds amounted to 12.92 Cr, while the Total Assets were valued at 19.62 Cr.

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 MD & 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 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>If you have any further questions about the company or its operations, feel free to ask!

Who are the peers of the South. Magnesium?

Peers of South. Magnesium include Gravita India, Ashapura Minech, MOIL, and others. Management risk varies from excellent at Gravita India to below average at Ashapura Minech, with South. Magnesium showing below average growth and a 1-year return of -35.90%.

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 Good management risk is found at South. Magnesium and MOIL. Below Average management risk is noted for Ashapura Minech. and Raw Edge Indust., and Average management risk is seen at 20 Microns, NILE, Goa Carbon, Asi Industries, and Kachchh Minerals. Growth is Excellent at Gravita India and Ashapura Minech., while South. Magnesium, MOIL, 20 Microns, Goa Carbon, Asi Industries, and Raw Edge Indust. show Below Average growth. Orissa Minerals does not qualify for growth. Capital Structure is Excellent at MOIL and Asi Industries, Good at South. Magnesium and 20 Microns, while Below Average is found at Ashapura Minech. and Raw Edge Indust., and Average at NILE and Goa Carbon.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ashapura Minech. at 74.36%, while the lowest is MOIL at -27.72%. South. Magnesium's 1-year return is -35.90%, which is lower than both. Additionally, the six-month return is negative for Gravita India, MOIL, Orissa Minerals, Goa Carbon, Asi Industries, and Raw Edge Indust.

What does South. Magnesium do?

Southern Magnesium & Chemicals Ltd is a micro-cap company that manufactures magnesium metal products, with a market cap of INR 23 Cr and recent net sales of 1 Cr. The company has a P/E ratio of 195.00 and operates a project in Andhra Pradesh.

Overview:<BR>Southern Magnesium & Chemicals Ltd is a micro-cap company in the Minerals & Mining industry that manufactures magnesium metal products.<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 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 23 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 195.00 <BR>Industry P/E: 14 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.12 <BR>Return on Equity: 1.00% <BR>Price to Book: 1.77 <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

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