Southern Magnesium & Chemicals Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 203255,
    "name": "South. Magnesium",
    "stock_name": "South. Magnesium",
    "full_name": "Southern Magnesium & Chemicals Ltd",
    "name_url": "stocks-analysis/south-magnesium",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "79.90",
    "chg": -0.09,
    "chgp": "-0.11%",
    "dir": -1,
    "prev_price": "79.99",
    "mcapval": "24.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513498,
    "symbol": "",
    "ind_name": "Minerals & Mining",
    "ind_code": 54,
    "indexname": "India SENSEX",
    "isin": "INE308N01012",
    "curr_date": "Jun 18",
    "curr_time": "",
    "bse_nse_vol": "132 ",
    "exc_status": "Active",
    "traded_date": "Jun 18, 2026",
    "traded_date_str": "2026 06 18",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Are Southern Magnesium & Chemicals Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-southern-magnesium-chemicals-ltd-latest-results-good-or-bad-3976422",
        "imagepath": "",
        "date": "2026-05-05 19:14:34",
        "description": "Southern Magnesium & Chemicals Ltd's latest financial results for Q4 FY26 indicate a complex operational landscape. The company reported net sales of ₹0.90 crores, reflecting a sequential growth of 55.17% from ₹0.58 crores in Q3 FY26. This improvement is noteworthy, especially considering the previous quarter's significant decline in revenue. Year-on-year, sales also showed an 11.11% increase compared to ₹0.81 crores in Q4 FY25.\n\nOn the profitability front, Southern Magnesium achieved a net profit of ₹0.06 crores, a notable turnaround from a loss in the prior quarter. The profit after tax margin stood at 6.67%, significantly better than the negative margin of -6.90% in Q3 FY26. However, this profit was heavily reliant on other income, which constituted nearly 28% of total revenue, raising concerns about the sustainability of this profitability.\n\nThe company's operating margin, excluding other income, was re..."
      },
      {
        "title": "When is the next results date for Southern Magnesium & Chemicals Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-southern-magnesium-chemicals-ltd-3967207",
        "imagepath": "",
        "date": "2026-04-28 23:16:06",
        "description": "The next results date for Southern Magnesium & Chemicals Ltd is scheduled for 04 May 2026...."
      },
      {
        "title": "Southern Magnesium & Chemicals Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/southern-magnesium-chemicals-ltd-is-rated-strong-sell-3950769",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/SouthernMagnesi_mojoScore_3950769.png",
        "date": "2026-04-17 10:10:20",
        "description": "Southern Magnesium & Chemicals Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 31 December 2024, reflecting a significant reassessment of the stock’s outlook. However, the analysis and financial metrics discussed below represent the company’s current position as of 17 April 2026, providing investors with the latest perspective on its performance and prospects."
      }
    ],
    "total": 7,
    "sid": "203255",
    "stock_news_url": "https://marketsmojo.motilaloswal.com/news/southern-magnesium-chemicals-203255"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "05-May-2026",
      "details": "Copies of Newspaper Advertisement regarding audited standalone financial results for the quarter and year ended 31.03.2026 and Special Window for re-lodgement of transfer deeds of physical shares.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Meeting Held On 04.05.2026",
      "datetime": "04-May-2026",
      "details": "With reference to the above cited subject Board of Directors at their Meeting held on 04th May 2026 inter-alia have considered and approved the following: 1. The Audited Financial Results of the Company for the quarter and financial year ended on 31st March 2026. Board took note of the Independent Auditors Report with unmodified opinion on the audited financial results for the year ended 31st March 2026. 2. Appointment of M/s. D. Hanumanta Raju & Co. Company Secretaries as Secretarial Auditors of the Company for the financial year 2026-27. 3. Appointment of M/s. K. S. Rao & Co. Chartered Accountants (Firm Registration No. 003109S) as Internal Auditor of the Company for the Financial Year 2026-27.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Change in Management",
      "datetime": "04-May-2026",
      "details": "Appointment of Secretarial Auditor and Internal Auditor for the financial year 2026-27",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Are Southern Magnesium & Chemicals Ltd latest results good or bad?

2026-05-05 19:14:34

Southern Magnesium & Chemicals Ltd's latest financial results for Q4 FY26 indicate a complex operational landscape. The company reported net sales of ₹0.90 crores, reflecting a sequential growth of 55.17% from ₹0.58 crores in Q3 FY26. This improvement is noteworthy, especially considering the previous quarter's significant decline in revenue. Year-on-year, sales also showed an 11.11% increase compared to ₹0.81 crores in Q4 FY25. On the profitability front, Southern Magnesium achieved a net profit of ₹0.06 crores, a notable turnaround from a loss in the prior quarter. The profit after tax margin stood at 6.67%, significantly better than the negative margin of -6.90% in Q3 FY26. However, this profit was heavily reliant on other income, which constituted nearly 28% of total revenue, raising concerns about the sustainability of this profitability. The company's operating margin, excluding other income, was re...

When is the next results date for Southern Magnesium & Chemicals Ltd?

2026-04-28 23:16:06

The next results date for Southern Magnesium & Chemicals Ltd is scheduled for 04 May 2026....

Southern Magnesium & Chemicals Ltd is Rated Strong Sell

2026-04-17 10:10:20

Southern Magnesium & Chemicals Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 31 December 2024, reflecting a significant reassessment of the stock’s outlook. However, the analysis and financial metrics discussed below represent the company’s current position as of 17 April 2026, providing investors with the latest perspective on its performance and prospects.

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