Southern Magnesium & Chemicals Ltd
Southern Magnesium & Chemicals Ltd (SOUTHMG): company summary
The company's business has deteriorated significantly, with annual revenue falling 73.0% and annual net profit dropping to zero.
Southern Magnesium & Chemicals Ltd (SOUTHMG) is a micro-cap Metals & Mining company valued at ₹17 crore operating in Industrial Minerals on the NSE and BSE.
- Recent price move
- Southern Magnesium & Chemicals Ltd last traded at ₹72.05, modestly down 0.92% on the day.
- Financial performance
- The company's business has deteriorated significantly, with annual revenue falling 73.0% and annual net profit dropping to zero. The latest quarter showed no revenue and a net profit loss, though revenue growth compared to the same quarter a year earlier was flat.
- Valuation multiples
- The stock trades at 171.6 times earnings, 1.68 times book value.
- Things to watch
- The company reported zero net profit for the latest quarter and the entire fiscal year, with a net profit margin that fell 21.9 percentage points to 3.8%. Annual net profit has declined 95.9% year-over-year, and the stock is 40.2% below its 52-week high.
- Where it stands
- Southern Magnesium & Chemicals Ltd has seen its revenue and profits collapse over the past year, with the latest quarter showing no revenue and a net loss. The stock is significantly below its 52-week high, and the company's profitability remains at zero.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by risk (6.4), but held back by valuation (0.0).
DocStoX score
Low confidenceAt a glance
Key highlights
- Profitable in all of the last 5 years
- Profit shrinking 67% a year
- Quality is weak (2.1/10)
Growth
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About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Southern Magnesium & Chemicals Ltd peers in Metals & Mining
Other Metals & Mining stocks on the NSE & BSE. See the full Metals & Mining sector list.
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