As of 6 Nov 2026, Southern Magnesium and Chemicals is loss-making on a trailing 12-month basis, with a net loss of ₹0.28 Cr, so it has no P/E ratio. The share price is ₹67.88, 46% below its 52-week high. Sales fell 27% a year over 3 years. Debt is 0.36× equity. It is a small-cap company with a market cap of ₹20 Cr, ranked 18th of 22 Other Industrial Metals & Mining companies by market cap; the shares fell 44% over the past year.
- ₹66.55
- ₹67.88
- ₹66.55
- ₹68.50
- 301
Health check
- ReturnsBehind
−44.0% over a year, better than 1 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −26.8%, profit −67.0% a year over 3 years.
- ProfitabilityWeak
ROCE 4.7% vs peer median 27.9%.
- Balance sheetStretched
Debt 0.36× equity, interest covered 1.6×, Piotroski 2 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹20 Cr
- Small cap
- P/E
- n/a
- Industry 11.5
- Price to book
- 1.56
- Peers 5.18
- Dividend yield
- 0.00%
- ROE
- 1.0%
- Peers 28.4%
- ROCE
- 4.7%
- Peers 27.9%
- Debt to equity
- 0.36
- Debt ₹4.67 Cr
- EPS (TTM)
- −₹0.92
- OPM (TTM)
- −9.7%
- Net margin −8.0%
- Sales growth
- +45.3%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 5.90
- EV/EBITDA −72.8
Strengths and risks
Strengths
- Quarterly sales up 45.3% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at 1.0%.
- 46% below its 52-week high.
- Interest coverage of only 0.2×.
About Southern Magnesium and Chemicals
Southern Magnesium and Chemicals Limited manufactures and sells magnesium metal in India. The company provides magnesium granule, powder, alloy, and extrusion, as well as magnesium chips. Southern Magnesium and Chemicals Limited was incorporated in 1985 and is based in Hyderabad, India.
- Headquarters
- Hyderabad
- Employees
- 34
- Sector
- Basic Materials
- ISIN
- INE308N01012
- Website
- southernmagnesium.com
Price range
- Avg volume (3M)
- 875
- 1-year return
- minus 44.0%
- From 52-week high
- minus 46.1%
Peers · Other Industrial Metals & Mining
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HINDZINCHindustan Zinc | 568.10 | minus 0.46% | 2,40,040 | 11.5 | 10.6 | 62.0% | 53.4% | 0.22 | 5.6% | plus 20.6% |
| VEDLVedanta | 261.75 | minus 0.78% | 1,02,208 | 9.2 | 4.0 | 21.3% | 28.7% | 1.34 | −19.2% | minus 48.1% |
| CMPDICentral Mine Planning & Design Institute | 177.28 | minus 3.82% | 12,653 | 18.8 | 14.4 | 34.6% | 34.2% | 0.00 | 18.7% | plus 15.1% |
| VOGLVedanta Oil and Gas | 30.74 | minus 2.26% | 12,001 | 18.0 | – | 4.1% | 7.3% | 0.15 | 161.8% | minus 14.8% |
| JAINRECJain Resource Recycling | 286.50 | plus 2.23% | 9,887 | 27.8 | 19.4 | 35.5% | 4.5% | 0.82 | 45.4% | minus 25.7% |
| IMFAIndian Metals & Ferro Alloys | 1,106.50 | minus 2.22% | 5,970 | 10.4 | 10.2 | 18.5% | 23.8% | 0.35 | 1.9% | minus 8.0% |
| MOILMOIL | 215.71 | minus 1.41% | 4,389 | 14.9 | 8.7 | – | 20.0% | – | 3.2% | minus 39.9% |
| SOUTHMGSouthern Magnesium and Chemicals | 67.88 | minus 0.91% | 20 | – | 275.5 | 4.7% | −9.7% | 0.36 | −26.8% | minus 44.0% |
| Median of 7 peers | – | −1.41% | 12,001 | 14.9 | 10.4 | 27.9% | 23.8% | 0.29 | 5.6% | −14.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.2 | 1.7 | 0.6 | 0.9 | 0.3 | |
| 0.4 | 1.4 | 0.7 | 0.9 | 0.8 | |
| −0.2 | 0.3 | −0.1 | −0 | −0.5 | |
| −72.8% | 15.2% | −17.0% | −1.4% | −150.5% | |
| 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| −0.1 | 0.3 | −0.1 | 0.1 | −0.5 | |
| 25.2% | 25.2% | 25.1% | 60.3% | −1.1% | |
| −0.1 | 0.2 | −0 | 0.1 | −0.5 | |
| -0.33 | 0.69 | -0.14 | 0.20 | -1.67 |
Profit & loss
- Sales CAGR 3Y
- −26.8%
- Profit CAGR 3Y
- −67.0%
- EPS CAGR 3Y
- −67.1%
- ROE
- 1.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8.6 | 9.5 | 12.4 | 3.4 | |
| – | +10.5% | +31.3% | minus 73.0% | |
| 3.7 | 5.2 | 8.5 | 3.3 | |
| 4.9 | 4.3 | 3.9 | 0.1 | |
| 56.7% | 45.0% | 31.5% | 2.7% | |
| 0.1 | 0.3 | 0.6 | 0.6 | |
| 0 | 0.1 | 0.1 | 0.4 | |
| 0 | 0.1 | 0.1 | 0 | |
| – | 0 | – | −0.1 | |
| 4.9 | 4.4 | 4.3 | 0.2 | |
| 27.7% | 25.1% | 25.2% | 47.0% | |
| 3.5 | 3.3 | 3.2 | 0.1 | |
| – | minus 5.6% | minus 4.0% | minus 96.0% | |
| 11.77 | 11.10 | 10.66 | 0.42 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3 | 3 | 3 | 3 | |
| 3.4 | 6.7 | 9.9 | 10 | |
| 0.2 | 2.4 | 3.3 | 4.7 | |
| 1 | 0.8 | 3.4 | 0.3 | |
| 7.6 | 13 | 19.6 | 18 | |
| 0.4 | 0.4 | 0.3 | 0.2 | |
| 3.8 | 3.8 | 2.3 | 6 | |
| 0.9 | 0 | 0 | 0 | |
| 2.6 | 8.9 | 17.1 | 11.8 | |
| 7.6 | 13 | 19.6 | 18 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.1 | −3.1 | 4.7 | −4.7 | |
| 0 | 0.1 | −5.5 | 3.7 | |
| −1 | 2.2 | 0.7 | 1 | |
| 2.2 | −0.8 | −0 | −0 | |
| −0 | −0 | −0 | −0 | |
| 3.1 | −3.1 | 4.7 | −4.7 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.