Notes / Company

Southern Magnesium & Chemicals Ltd.

SOUTHMG BSE 513498 ISIN INE308N01012 Metal - Non Ferrous

Fundamentals

Market cap: ₹23.98 cr
P/E: 190.36×
ROE: 24.75%
Debt / equity: 0.25
52-week range: 61.15 — 185.00

The timeline — 1 note on Southern Magnesium & Chemicals Ltd.

June 2026

18 Jun 26 · 3:31 PM IST Lead

Lead · Micro cap

Southern Magnesium faces ₹30 lakh GST notice, exceeds annual profit

The demand for alleged short payment of output tax over 10 months is material for the nano-cap. Its entire FY26 profit was just ₹12.6 lakh.

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