Southern Magnesium & Chemicals Ltd.

268.05 +12.75 ▲5.0%

26 April 2024, 02:04:00 PM
Volume: 2,611

Company Profile

Sector Non - Ferrous Metals Sector Icon Non - Ferrous Metals Compare with Sector peers
Industry Metal - Non Ferrous Industry Icon Metal - Non Ferrous Compare with Industry peers
Website http://www.southernmagnesium.com
Market Cap 80.42 Cr.
Enterprise Value(EV) 75.90 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 10.96 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 24.46 Trailing Twelve Months Ending 2023-12
Industry PE 23.04 Trailing Twelve Months Ending 2023-12
Book Value / Share 29.86 Trailing Twelve Months Ending 2023-12
Price to Book Value 8.98 Calculated using Price: 268.05
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 0.30 Cr. 3,000,000 Shares
FaceValue 10
About Southern Magnesium & Chemicals Ltd.
Southern Magnesium and Chemicals came out with a public issue in December 1993 to diversify into the production of various down stream products like magnesium granules, magnesium powder, magnesium alloy and magnesium extrusion. The company manufactures Magnesium Chips, Turnings, Granules and Powders.

Southern Magnesium & Chemicals Ltd. Delivery

Delivered Qty
Traded Qty

Southern Magnesium & Chemicals Ltd. Performance

1 Day
+4.99%
1 Week
+22.40%
1 Month
+15.79%
3 Month
+6.67%
6 Month
+75.83%
1 Year
+243.65%
2 Year
+744.25%
5 Year
+717.23%
10 Year

Southern Magnesium & Chemicals Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 0 701.97 122.07 -55.01 65.08 -8.64 -3.68 15.03 76.25
Return on Capital Employed (%) 302.12 69.21 96.99 -30.7 57.43 -7.83 -0.8 14.42 92.36
Return on Assets (%) 169.02 33.08 40.25 -22.35 37.16 -6.39 -2.54 9.71 55.88

Southern Magnesium & Chemicals Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 0 1 3 1 3 3 2 3 6 8
Non Curr. Liab. 0 0 0 0 0 0 0 0 0 0
Curr. Liab. 3 3 3 2 1 1 1 1 2 3
Minority Int.
Equity & Liab. 2 3 6 4 4 3 4 4 8 11
Non Curr. Assets 0 0 0 1 0 1 0 0 0 0
Curr. Assets 2 3 6 3 3 3 3 4 8 11
Misc. Exp. not W/O
Total Assets 2 3 6 4 4 3 4 4 8 11

Southern Magnesium & Chemicals Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 5 3 6 2 4 2 2 2 9 9
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 5 3 6 2 4 2 2 2 9 9
Total Expenditure -3 -2 -3 -2 -3 -2 -2 -2 -4 -4
PBIDT 3 2 3 -1 2 0 0 1 5 5
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Taxation 0 -1 -1 0 0 0 0 0 -1 -1
Exceptional Items 1 0
PAT 3 1 2 -1 1 0 0 0 4 3
Adjusted EPS 8 3 6 -4 5 -1 0 1 12 11

Southern Magnesium & Chemicals Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 0 1 1 1 0 1 0 0 0 4
Cash Fr. Inv. 1 0 0 0 0 0 -1 0 -3
Cash Fr. Finan. 0 -2 -1 -1 0 -1 0 1 0 -1
Net Change 0 0 0 0 0 0 0 0 0 1
Cash & Cash Eqvt 0 0 0 1 0 0 0 0 0 1

Southern Magnesium & Chemicals Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 53.36 53.36 53.36 53.36 53.36 53.36 54.16 54.16 54.16
Public 46.64 46.64 46.64 46.64 46.64 46.64 45.84 45.84 45.84
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Southern Magnesium & Chemicals Ltd. Announcements

Wed, 24 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanySOUTHERN MAGNESIUM & CHEMICALS LTD.
2CIN NO.L27109TG1985PLC005303
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 2.38
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: PASUPULATI MANISHA
Designation: COMPANY SECRETARY
EmailId: southernmagnesium@gmail.com
Name of the Chief Financial Officer: N RAJENDER PRASAD
Designation: JT MANAGING DIRECTOR AND CFO
EmailId: rajenderprasad@hotmail.com

Date: 24/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Wed, 24 Apr 2024
Certificate From PCS Under Regulation 40(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Year Ended March 31 2024.
Southern Magnesium and Chemicals Limited hereby submits certificate from PCS under Regulation 40(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 for the year ended March 31 2024.
Mon, 15 Apr 2024
Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Mrs. Urmi Prasad Nuthakki (DIN: 00319482) as Additional Non-Executive Woman Director of the Company with effect from 15th April 2024.

Southern Magnesium & Chemicals Ltd. Technical Scans

Thu, 25 Apr 2024
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Closing Above Previous High Closing Above Previous High
Close Within 52 Week High Zone Close Within 52 Week High Zone

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Hindustan Zinc Ltd. Consolidated 2024-03 22.43 421.65 +2.5%
Hindalco Industries Ltd. Consolidated 2023-12 15.47 650.20 +0.5%
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National Aluminium Company Ltd. Consolidated 2023-12 23.26 188.50 +0.1%
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Hindustan Zinc Ltd. Consolidated 2024-03 11.46 421.65 +2.5%
Hindalco Industries Ltd. Consolidated 2023-12 1.43 650.20 +0.5%
Vedanta Ltd. Consolidated 2024-03 4.11 396.00 +3.9%
Hindustan Copper Ltd. Consolidated 2023-12 16.36 390.55 +2.6%
National Aluminium Company Ltd. Consolidated 2023-12 2.48 188.50 +0.1%
Gravita India Ltd. Consolidated 2023-12 9.17 972.00 +0.3%
Shivalik Bimetal Controls Ltd. Consolidated 2023-12 10.43 576.00 -0.2%
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Hindustan Zinc Ltd. Consolidated 2023-03 0.94 421.65 +2.5%
Hindalco Industries Ltd. Consolidated 2023-03 0.67 650.20 +0.5%
Vedanta Ltd. Consolidated 2023-03 2.04 396.00 +3.9%
Hindustan Copper Ltd. Consolidated 2023-03 0.08 390.55 +2.6%
National Aluminium Company Ltd. Consolidated 2023-03 0.00 188.50 +0.1%
Gravita India Ltd. Consolidated 2023-03 0.58 972.00 +0.3%
Shivalik Bimetal Controls Ltd. Consolidated 2023-03 0.22 576.00 -0.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Hindustan Zinc Ltd. Consolidated 2023-03 44.53 421.65 +2.5%
Hindalco Industries Ltd. Consolidated 2023-03 11.65 650.20 +0.5%
Vedanta Ltd. Consolidated 2023-03 27.76 396.00 +3.9%
Hindustan Copper Ltd. Consolidated 2023-03 14.79 390.55 +2.6%
National Aluminium Company Ltd. Consolidated 2023-03 11.17 188.50 +0.1%
Gravita India Ltd. Consolidated 2023-03 41.83 972.00 +0.3%
Shivalik Bimetal Controls Ltd. Consolidated 2023-03 34.61 576.00 -0.2%
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Hindustan Zinc Ltd. Consolidated 2023-03 44.53 421.65 +2.5%
Hindalco Industries Ltd. Consolidated 2023-03 11.65 650.20 +0.5%
Vedanta Ltd. Consolidated 2023-03 27.76 396.00 +3.9%
Hindustan Copper Ltd. Consolidated 2023-03 14.79 390.55 +2.6%
National Aluminium Company Ltd. Consolidated 2023-03 11.17 188.50 +0.1%
Gravita India Ltd. Consolidated 2023-03 41.83 972.00 +0.3%
Shivalik Bimetal Controls Ltd. Consolidated 2023-03 34.61 576.00 -0.2%
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Hindustan Zinc Ltd. Consolidated 2023-03 34,098.00 421.65 +2.5%
Hindalco Industries Ltd. Consolidated 2023-03 223,202.00 650.20 +0.5%
Vedanta Ltd. Consolidated 2023-03 147,308.00 396.00 +3.9%
Hindustan Copper Ltd. Consolidated 2023-03 1,677.33 390.55 +2.6%
National Aluminium Company Ltd. Consolidated 2023-03 14,254.86 188.50 +0.1%
Gravita India Ltd. Consolidated 2023-03 2,800.60 972.00 +0.3%
Shivalik Bimetal Controls Ltd. Consolidated 2023-03 470.37 576.00 -0.2%
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Hindustan Zinc Ltd. Consolidated 2023-03 10,511.00 421.65 +2.5%
Hindalco Industries Ltd. Consolidated 2023-03 10,097.00 650.20 +0.5%
Vedanta Ltd. Consolidated 2023-03 14,506.00 396.00 +3.9%
Hindustan Copper Ltd. Consolidated 2023-03 295.32 390.55 +2.6%
National Aluminium Company Ltd. Consolidated 2023-03 1,434.66 188.50 +0.1%
Gravita India Ltd. Consolidated 2023-03 204.09 972.00 +0.3%
Shivalik Bimetal Controls Ltd. Consolidated 2023-03 79.10 576.00 -0.2%

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