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Southern Magnesium & Chemicals Ltd
SOUTHERNMAGNESIUMCHEMICALSLTD NSE
Southern Magnesium & Chemicals Ltd
CommoditiesNSE: SOUTHERNMAGNESIUMCHEMICALSLTD BSE: 513498 Minerals & Mining
Key Fundamentals
MicrocapIndustrial MineralsMetals & MiningMarket Cap
₹21.44 Cr
Volatility
Moderate
P/E Ratio
170.7
EBITDA
₹0.03 Cr
Return on Equity
24.75%
Debt to Equity
0.36
Book Value
₹43.5
EPS
₹15.44
52W High
₹185
52W Low
₹61.15
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company has a good return on equity (ROE) track record: 3 Years ROE 20.6%
- Debtor days have improved from 56.8 to 35.8 days.
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.8% over past five years.
- Working capital days have increased from 248 days to 411 days
Growth Rate
Revenue Growth
-74.15% ↘
Net Income Growth
-96.25% ↘
Cash Flow Change
253.57% ↗
ROE
-27.74% ↘
ROCE
-26.74% ↘
EBITDA Margin (Avg.)
-97.82% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.8 | 1.38 | 2.56 | 2.88 | 2.65 | 5.95 | 3.93 | 1.74 | 0.81 | 0.22 | 1.66 | 0.58 | 0.9 |
| Expenses | 0.74 | 0.74 | 1.37 | 1.42 | 1.68 | 3.6 | 2.55 | 1.36 | 1.01 | 0.37 | 1.4 | 0.68 | 0.91 |
| Operating Profit | 1.06 | 0.64 | 1.19 | 1.46 | 0.97 | 2.35 | 1.38 | 0.38 | -0.2 | -0.15 | 0.26 | -0.1 | -0.01 |
| OPM % | 58.89% | 46.38% | 46.48% | 50.69% | 36.6% | 39.5% | 35.11% | 21.84% | -24.69% | -68.18% | 15.66% | -17.24% | -1.11% |
| Other Income | 0.05 | 0.04 | 0.11 | 0.09 | 0.1 | 0.05 | 0.15 | 0.16 | 0.2 | 0.11 | 0.13 | 0.15 | 0.25 |
| Interest | 0 | 0.01 | 0.03 | 0.03 | 0.03 | 0.01 | 0 | 0.05 | 0.08 | 0.08 | 0.1 | 0.1 | 0.09 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| PBT | 1.1 | 0.66 | 1.26 | 1.51 | 1.02 | 2.37 | 1.51 | 0.47 | -0.1 | -0.13 | 0.28 | -0.06 | 0.14 |
| Tax % | 33.64% | 27.27% | 27.78% | 21.85% | 24.51% | 25.32% | 25.17% | 27.66% | -20% | -23.08% | 25% | -16.67% | 64.29% |
| Net Profit | 0.73 | 0.48 | 0.91 | 1.18 | 0.76 | 1.78 | 1.14 | 0.35 | -0.07 | -0.1 | 0.21 | -0.04 | 0.06 |
| EPS in Rs | 2.43 | 1.6 | 3.03 | 3.93 | 2.53 | 5.93 | 3.8 | 1.17 | -0.23 | -0.33 | 0.7 | -0.13 | 0.2 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.46 | 3.22 | 6.32 | 1.54 | 4.42 | 1.59 | 2.01 | 2.34 | 8.57 | 9.47 | 12.43 | 3.36 |
| Expenses | 2.83 | 1.7 | 3.39 | 2.21 | 2.63 | 1.79 | 1.97 | 1.72 | 3.72 | 5.21 | 8.52 | 3.34 |
| Operating Profit | 2.63 | 1.52 | 2.93 | -0.67 | 1.79 | -0.2 | 0.04 | 0.62 | 4.85 | 4.26 | 3.91 | 0.02 |
| OPM % | 48.17% | 47.2% | 46.36% | -43.51% | 40.5% | -12.58% | 1.99% | 26.5% | 56.59% | 44.98% | 31.46% | 0.6% |
| Other Income | 0.83 | 0.03 | 0.07 | -0.29 | 0.05 | 0.03 | 0.03 | 0.04 | 0.09 | 0.34 | 0.57 | 0.64 |
| Interest | 0.07 | 0.09 | 0.08 | 0.09 | 0.08 | 0.08 | 0.09 | 0.06 | 0.01 | 0.1 | 0.15 | 0.38 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.05 | 0.07 | 0.09 | 0.1 | 0.1 | 0.05 | 0.05 | 0.06 | 0.04 |
| PBT | 3.37 | 1.44 | 2.9 | -1.1 | 1.69 | -0.34 | -0.12 | 0.5 | 4.88 | 4.45 | 4.27 | 0.24 |
| Tax % | 3.26% | 34.72% | 34.83% | -1.82% | 18.93% | -35.29% | -16.67% | 22% | 27.87% | 25.17% | 25.06% | 45.83% |
| Net Profit | 3.26 | 0.94 | 1.9 | -1.08 | 1.37 | -0.23 | -0.09 | 0.4 | 3.53 | 3.33 | 3.2 | 0.13 |
| EPS in Rs | 10.87 | 3.13 | 6.33 | -3.6 | 4.57 | -0.77 | -0.3 | 1.33 | 11.77 | 11.1 | 10.67 | 0.43 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | -3.34 | -2.39 | -0.5 | -1.58 | -0.21 | -0.44 | -0.54 | -0.14 | 3.39 | 6.72 | 9.92 | 10.05 |
| Borrowings | 2.34 | 1.83 | 1.22 | 1.4 | 0.55 | 0.72 | 1.35 | 1.15 | 0.19 | 2.44 | 3.29 | 4.67 |
| Other Liabilities | 0.37 | 0.88 | 2.37 | 0.73 | 0.48 | 0.21 | 0.15 | 0.39 | 1.02 | 0.84 | 3.42 | 0.28 |
| Total Liabilities | 2.37 | 3.32 | 6.09 | 3.55 | 3.82 | 3.49 | 3.96 | 4.4 | 7.6 | 13 | 19.63 | 18 |
| Fixed Assets | 0.34 | 0.32 | 0.31 | 0.49 | 0.42 | 0.55 | 0.47 | 0.39 | 0.38 | 0.36 | 0.3 | 0.23 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.03 | 3 | 5.78 | 3.06 | 3.4 | 2.94 | 3.49 | 4.01 | 7.22 | 12.64 | 19.33 | 17.77 |
| Total Assets | 2.37 | 3.32 | 6.09 | 3.55 | 3.82 | 3.49 | 3.96 | 4.4 | 7.6 | 13 | 19.63 | 18 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 1.11 | 0.5 | 1 | 0.07 | 1.07 | -0.26 | 0.16 | 0.4 | 1.76 | -3.08 | 4.73 | -4.69 |
| Investing | 0.69 | 0.01 | 0.03 | -0.22 | -0.09 | 0.15 | -0.72 | -0.14 | 0.05 | 0.11 | -5.45 | 3.69 |
| Financing | -1.59 | -0.61 | -0.69 | 0.09 | -0.93 | 0.09 | 0.54 | -0.25 | -0.98 | 2.16 | 0.7 | 0.99 |
| Net Cash Flow | 0.22 | -0.1 | 0.34 | -0.06 | 0.04 | -0.01 | -0.03 | 0.01 | 0.83 | -0.81 | -0.02 | -0.01 |
| Free Cash Flow | 1.79 | 0.49 | 0.99 | -0.15 | 1.07 | -0.49 | 0.14 | 0.39 | 1.72 | -3.12 | 4.73 | -4.67 |
| CFO/OP | 42 | 36 | 52 | -31 | 76 | 100 | 375 | 65 | 50 | -43 | 158 | -22,100 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 54.15 | 116 | 69.88 | 52.14 | 21.47 | 22.96 | 19.98 | 32.76 | 26.83 | 119 | 15.56 | 35.85 |
| Inventory Days | 137 | 669 | 466 | 647 | 569 | 1,356 | 844 | 1,127 | 326 | 571 | 560 | 1,417 |
| Days Payable | 0 | 0 | 101 | 28.52 | 0 | 0 | 23.55 | 0 | 0 | 0 | 127 | 0 |
| Cash Conversion Cycle | 191 | 785 | 435 | 671 | 590 | 1,379 | 840 | 1,160 | 353 | 690 | 448 | 1,452 |
| Working Capital Days | -57.49 | 20.4 | 123 | 192 | 166 | 450 | 200 | 222 | 69 | 209 | 124 | 411 |
| ROCE % | 230.7% | 68.92% | 96.75% | -20.8% | 57.47% | -7.85% | -0.85% | 14.32% | 92.35% | 48.56% | 31.16% | 3.65% |
Documents
1
Board Meeting Outcome for Meeting Held On 04.05.2026
4 May - Board approved FY26 audited results with unmodified opinion; appointed secretarial and internal auditors for FY27. 4 May - Board approved FY26 audited results with unmodified opinion; appointed secretarial and internal auditors for FY27.
2
Audited Financial Results For The Quarter And Financial Year Ended 31.03.2026
4 May - Board approved audited FY2026 results on 04 May 2026 and appointed secretarial and internal auditors for FY2026-27. 4 May - Board approved audited FY2026 results on 04 May 2026 and appointed secretarial and internal auditors for FY2026-27.
3
Announcement under Regulation 30 (LODR)-Change in Management
4 May - Board approved FY26 audited results, unmodified auditor opinion, and appointed secretarial and internal auditors for 2026-27. 4 May - Board approved FY26 audited results, unmodified auditor opinion, and appointed secretarial and internal auditors for 2026-27.
4
Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations, 2015
4 May - Company հայտնում Regulation 23(9) not applicable; exempt from related party transaction disclosure. 4 May - Company հայտնում Regulation 23(9) not applicable; exempt from related party transaction disclosure.
5
Board Meeting Outcome for Meeting Held On 04.05.2026
4 May - Board approved FY26 audited results with unmodified opinion; appointed secretarial and internal auditors for FY27. 4 May - Board approved FY26 audited results with unmodified opinion; appointed secretarial and internal auditors for FY27.
Frequently Asked Questions about Southern Magnesium & Chemicals Ltd
What does Southern Magnesium & Chemicals Ltd do?
Incorporated in 1985, Southern Magnesium & Chemicals Ltd is in the business of Magnesium Metal and related goods[1]
Where is Southern Magnesium & Chemicals Ltd (513498) listed?
Southern Magnesium & Chemicals Ltd is listed on the Indian stock exchanges. It is listed on NSE: SOUTHERNMAGNESIUMCHEMICALSLTD and BSE: 513498. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Southern Magnesium & Chemicals Ltd belong to?
Southern Magnesium & Chemicals Ltd operates in the Commodities sector within the Minerals & Mining industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Southern Magnesium & Chemicals Ltd?
Southern Magnesium & Chemicals Ltd has a market capitalisation of approximately ₹21.44 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Southern Magnesium & Chemicals Ltd?
The Price-to-Earnings (PE) ratio of Southern Magnesium & Chemicals Ltd is 170.70. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Southern Magnesium & Chemicals Ltd?
Over the past 52 weeks, Southern Magnesium & Chemicals Ltd has traded between a low of ₹61.15 and a high of ₹185. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Southern Magnesium & Chemicals Ltd?
Southern Magnesium & Chemicals Ltd has a Return on Equity (ROE) of 24.75%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Southern Magnesium & Chemicals Ltd on Tapetide?
On Tapetide, you can view Southern Magnesium & Chemicals Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1985, Southern Magnesium & Chemicals Ltd is in the business of Magnesium Metal and related goods[1]
Website southernmagnesium.com
Face Value ₹ 10