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What’s Your Call?

Collective community sentiment on Southern Magnesium and Chemicals Ltd

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News

Media spotlight triggers stock stock attention, sentiment.

  • Southern Magnesi has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    16 Apr 2025, 4:21PM As of March 2025, 50.94% is owned by Indian Promoters and 49.06% by Public. <p align=justify> Top five Promoters holding highest number of shares of S
  • Southern Magnesi - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    16 Apr 2025, 3:11PM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • Southern Magnesi - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    16 Apr 2025, 2:55PM Certificate as required under regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31.03.2025 is attached herewith.
  • Southern Magnesi - Business Update

    14 Feb 2025, 2:43PM Please refer attachment.
  • Southern Magnesi Q3 net profit down 70.34% at Rs 0.35 cr

    4 Feb 2025, 5:01PM The company reported standalone net profit of Rs 0.35 crore for the quarter ended December 31, 2024 as compared to Rs 1.18 crore in the same period la
  • Southern Magnesi - Integrated Filing (Financial)

    4 Feb 2025, 1:39PM Submission of Integrated Filing (Financial) for the quarter ended 31.12.2024.
  • Southern Magnesi - Financial Results For The Quarter Ended 31.12.2024

    4 Feb 2025, 1:32PM Unaudited Financial Results for the quarter ended 31.12.2024 along with limited review report is attached herewith.
  • Southern Magnesi - Board Meeting Outcome for For Meeting Held On 04.02.2025

    4 Feb 2025, 1:25PM Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform you that the Board of D

Key fundamentals

Evaluate the intrinsic value of Southern Magnesium and Chemicals Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 12.1711 6.5811 4.0177 3.8097 3.2778
Liabilities 12.1711 6.5811 4.0177 3.8097 3.2778
Equity 3 3 3 3 3
Gross Profit 4.2575 4.8565 0.6202 0.0424 -0.1918
Net Profit 3.3304 3.5298 0.4004 -0.0924 -0.2309
Cash From Operating Activities -3.0826 4.3429 0.3996 -1.2881 -0.2557
NPM(%) 35.17 41.18 17.12 -4.59 -14.56
Revenue 9.467 8.5696 2.3376 2.0123 1.5856
Expenses 5.2095 3.7131 1.7174 1.9698 1.7775
ROE(%) 34.24 36.29 4.11 -0.95 -2.37

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Southern Magnesium and Chemicals Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Facor Alloys Ltd 4.03 1.51 0.00 2894.11 -101.81 0.00
Cubex Tubings Ltd 76.81 -1.35 20.50 211.05 27.85 0.00
Arcotech Ltd 2.34 4.93 0.00 1554.00 -683.78 0.00
Sizemasters Technology Ltd 138.40 0.00 78.19 148.00 17.91 0.00

Company Info

The Company was incorporated on 13th February 1985 and received the certificate of commencement of business on 7th July, 1987. The Company has set up a project for manufacture of Magnesium metal at Gowripatnam village in West Godavari District of Andhra Pradesh as a Joint Venture with Andhra Pradesh Industrial Development Corporation Limited. The Company acquired a pilot plant set up by the National Metalluargical Laboratory for manufacture of magnesium metal by "Pidgeon Process" with national capacity of 200 tonnes per year. It then carried out necessary alterations, modifications, additions and enhanced the capacity to 600 tonnes. The Company proposes to go in for forward integration and produce value added items namely Granules, Powders, Alloys and Extrusions by which the profitability will be substantially improved. The Company has been promoted by Dr. N B Prasad Mr. Ram N Prasad Mr. N Rajender Prasad and Mr. N Ravi Prasad. 2006 -The company has appointed Mr. Ram N Prasad as Chairman.

The Company was incorporated on 13th February 1985 and received the certificate of commencement of business on 7th July, 1987. The Company has set up a project for manufacture of Magnesium metal at Gowripatnam village in West Godavari District of Andhra Pradesh as a Joint Venture with Andhra Pradesh Industrial Development Corporation Limited. The Company acquired a pilot plant set up by the National Metalluargical Laboratory for manufacture of magnesium metal by "Pidgeon Process" with national capacity of 200 tonnes per year. It then carried out necessary alterations, modifications, additions and enhanced the capacity to 600 tonnes. The Company proposes to go in for forward integration and produce value added items namely Granules, Powders, Alloys and Extrusions by which the profitability will be substantially improved. The Company has been promoted by Dr. N B Prasad Mr. Ram N Prasad Mr. N Rajender Prasad and Mr. N Ravi Prasad. 2006 -The company has appointed Mr. Ram N Prasad as Chairman.

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Parent Organisation

Southern Magnesium & Chemicals Ltd.

Founded

13/02/1985

Managing Director

Mr.N Ravi Prasad

NSE Symbol

FAQ

The current price of Southern Magnesium and Chemicals Ltd is

The 52-week high for Southern Magnesium and Chemicals Ltd is

The market capitalization of Southern Magnesium and Chemicals Ltd is currently This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Southern Magnesium and Chemicals Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

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The CEO of Southern Magnesium and Chemicals Ltd is Mr.N Ravi Prasad, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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