South. Magnesium

  • Market Cap: Micro Cap
  • Industry: Minerals & Mining
  • ISIN: INE308N01012
  • NSEID:
  • BSEID: 513498
INR
91.65
4.55 (5.22%)
BSENSE

Feb 13

BSE+NSE Vol: 2.75 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.75 k (98.21%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

11.25%

Held by 0 DIIs

Promoter

50.94%

how big is South. Magnesium?

06-Jun-2025

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.

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Who are in the management team of South. Magnesium?

06-Jun-2025

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.

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What does South. Magnesium do?

06-Jun-2025

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

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Has South. Magnesium declared dividend?

06-Jun-2025

No Dividend History Available

Who are the peers of the South. Magnesium?

03-Jun-2025

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.

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What is the technical trend for South. Magnesium?

09-Jun-2025

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.

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Who are the top shareholders of the South. Magnesium?

17-Jul-2025

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.

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Is South. Magnesium overvalued or undervalued?

10-Oct-2025

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.

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When is the next results date for South. Magnesium?

07-Nov-2025

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

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

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How has been the historical performance of South. Magnesium?

13-Nov-2025

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.

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

05-Feb-2026

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.

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

06-Feb-2026

Why is Southern Magnesium & Chemicals Ltd falling/rising?

14-Feb-2026

As of 14-Feb, the stock price of Southern Magnesium & Chemicals Ltd is rising to 91.65, with a notable 5.22% increase. Despite this short-term gain, the stock has significant long-term financial challenges, including a 44.37% decline over the past year and concerns about its operating losses and low return on capital employed.

As of 14-Feb, the stock price of Southern Magnesium & Chemicals Ltd is rising, currently at 91.65, with a change of 4.55 (5.22%) increase. This upward movement is notable as the stock has outperformed its sector by 10.06% today, indicating a stronger performance relative to its peers. The stock reached an intraday high of Rs 91.93, reflecting positive trading momentum.<BR><BR>In the context of recent performance, the stock has shown a significant increase of 9.19% over the past week and 6.87% over the past month, contrasting sharply with the Sensex, which has declined by 1.14% and 1.20%, respectively. However, it is important to note that the stock has faced challenges over the longer term, with a 44.37% decline over the past year and underperformance compared to broader market indices.<BR><BR>Despite the current rise, there are underlying concerns regarding the company's financial health, including operating losses and a negative EBITDA, which suggest that the stock may be trading at risky levels compared to its historical valuations. The company's long-term fundamental strength appears weak, as indicated by a return on capital employed (ROCE) of only 4.79%, the lowest in the first half of the year.<BR><BR>Overall, while the stock is experiencing a rise in price today, the broader context of its performance and financial challenges suggests caution for investors.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

 
2

Flat results in Dec 25

3

Risky - Negative EBITDA

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Minerals & Mining

stock-summary
Market cap

INR 26 Cr (Micro Cap)

stock-summary
P/E

1,981,223,548,072,828,672.00

stock-summary
Industry P/E

22

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.10

stock-summary
Return on Equity

0.00%

stock-summary
Price to Book

2.01

Revenue and Profits:
Net Sales:
1 Cr
(Quarterly Results - Dec 2025)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-19.53%
0%
-19.53%
6 Months
-25.28%
0%
-25.28%
1 Year
-44.37%
0%
-44.37%
2 Years
-58.96%
0%
-58.96%
3 Years
32.44%
0%
32.44%
4 Years
345.99%
0%
345.99%
5 Years
718.3%
0%
718.3%

South. Magnesium for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Newspaper Publication

06-Feb-2026 | Source : BSE

Copies of Newspaper Advertisement regarding unaudited standalone financial results for the quarter ended 31.12.2025 and Special Window for re-lodgement of transfer deeds of physical shares.

Financial Results For The Quarter Ended 31.12.2025

05-Feb-2026 | Source : BSE

Unaudited Financial Results for the quarter ended 31.12.2025 along with limited review report is attached herewith.

Board Meeting Outcome for Board Meeting Outcome For Meeting Held On 05.02.2026

05-Feb-2026 | Source : BSE

Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the Board of Directors at their Meeting held on 05th February 2026 inter-alia have considered and approved the Unaudited Financial Results for the quarter ended 31.12.2025. Copy of the same along with Limited Review Report is attached herewith.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
19.71%
EBIT Growth (5y)
5.39%
EBIT to Interest (avg)
2.71
Debt to EBITDA (avg)
1.12
Net Debt to Equity (avg)
-0.10
Sales to Capital Employed (avg)
0.77
Tax Ratio
10.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
11.25%
ROCE (avg)
36.29%
ROE (avg)
25.99%

Valuation key factors

Factor
Value
P/E Ratio
1981223548072828672
Industry P/E
22
Price to Book Value
2.11
EV to EBIT
-26.14
EV to EBITDA
-26.15
EV to Capital Employed
2.24
EV to Sales
8.00
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
2.14%
ROE (Latest)

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Ravi Prasad Nuthakki (14.66%)

Highest Public shareholder

Andhra Pradesh Industrial Development Corporation Limited (11.25%)

Individual Investors Holdings

36.29%

stock-summaryFinancial
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    "alert": "No Nine Monthly Results declared by South. Magnesium"
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    "alert": "No Annual Results declared by South. Magnesium"
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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
0.58
1.66
-65.06%
Operating Profit (PBDIT) excl Other Income
-0.09
0.26
-134.62%
Interest
0.10
0.10
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.04
0.21
-119.05%
Operating Profit Margin (Excl OI)
-15.52%
15.66%
-31.18%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is -65.06% vs 654.55% in Sep 2025

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is -119.05% vs 310.00% in Sep 2025

stock-summaryCompany CV
About Southern Magnesium & Chemicals Ltd stock-summary
stock-summary
Southern Magnesium & Chemicals Ltd
Micro Cap
Minerals & Mining
Incorporated in Feb.'85, Southern Magnesium & Chemicals (SMCL) is promoted by N B Prasad, Ram N Prasad, N Rajender Prasad and N Ravi Prasad. The company set up a project at Gowripatnam, Andhra Pradesh, to manufacture Magnesium Metal, in a joint venture with the Andhra Pradesh Industrial Development Corporation. The company acquired a pilot plant set up the National Metallurgical Laboratory for the manufacture of magnesium by Pidgeon process with a capacity of 200 tpa.
Company Coordinates stock-summary
Company Details
Deccan Chambers 5th Floor, 6-3-666/B Somajiguda Hyderabad Telangana : 500082
stock-summary
Tel: 91-40-23311789
stock-summary
southernmagnesium@gmail.com
Registrar Details
Aarthi Consultants Pvt Ltd, 1-2-285 , Domalaguda, Hyderabad