SOUTHERN MAGNESIUM AND CHEMICALS LIMITED — Quarter and year ended March 31, 2026
| S.NO | Particulars | For the Quarter ended 31.03.2026 (Audited) | For the Quarter ended 31.12.2025 (Un Audited) | For the Quarter ended 31.03.2025 (Audited) | For the Year Ended 31.03.2026 (Audited) | For the Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| I | Revenue From Operations | 89.86 | 58.18 | 81.12 | 335.55 | 1243.49 |
| II | Other Income | 25.37 | 14.90 | 20.35 | 63.52 | 56.92 |
| III | Total Income (I+II) | 115.23 | 73.08 | 101.47 | 399.07 | 1300.41 |
| IV | EXPENSES | |||||
| Cost of materials consumed | 35.96 | 20.97 | 29.36 | 199.28 | 562.94 | |
| Changes in inventories of finished goods, Stock-in-Trade and work-in-progress | 23.84 | 18.55 | 33.18 | 11.15 | 71.48 | |
| Employee benefits expense | 19.89 | 18.48 | 27.40 | 82.15 | 132.37 | |
| Finance costs | 9.32 | 10.44 | 7.98 | 37.95 | 14.71 | |
| Depreciation and amortization expense | 0.63 | 0.58 | 1.53 | 3.77 | 6.10 | |
| Other expenses | 10.77 | 9.51 | 11.39 | 40.91 | 85.55 | |
| Total expenses (IV) | 100.41 | 78.53 | 110.84 | 375.21 | 873.15 | |
| V | Profit/(loss) before exceptional items and tax (III- IV) | 14.82 | (5.45) | (9.37) | 23.86 | 427.26 |
| VI | Exceptional Items | – | – | – | – | – |
| VII | Profit/(loss) before tax (V+VI) | 14.82 | (5.45) | (9.37) | 23.86 | 427.26 |
| VIII | Tax expense: | |||||
| – Current tax | 4.70 | (1.44) | (1.15) | 7.12 | 109.15 | |
| – Relating to earlier years | 5.21 | – | – | 5.21 | – | |
| – Deferred tax | (0.97) | 0.07 | (1.31) | (1.11) | (1.66) | |
| IX | Profit/(Loss) for the period (VII-VIII) | 5.87 | (4.08) | (6.91) | 12.64 | 319.77 |
| X | Other Comprehensive Income | |||||
| A (i) Items that will not be reclassified to profit or loss | – | – | – | – | – | |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | – | – | – | – | – | |
| B (i) Items that will be reclassified to profit or loss | – | – | – | – | – | |
| (ii) Income tax relating to items that will be reclassified to profit or loss | – | – | – | – | – | |
| Total Other Comprehensive Income (net of taxes) | – | – | – | – | – | |
| XI | Total Comprehensive Income for the period | 5.87 | (4.08) | (6.91) | 12.64 | 319.77 |
| XII | Earnings per equity share – Basic and Diluted | 0.20 | (0.14) | (0.23) | 0.42 | 10.66 |
| Weighted Average number of equity shares in nos | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| ASSETS | ||
| (a) Property, Plant and Equipment | 23.49 | 29.92 |
| (b) Financial Assets (i) Other Financial Assets | 596.52 | 225.00 |
| (c) Other Non Current Assets | – | 1.10 |
| (d) Deferred Tax Asset | 1.24 | 0.13 |
| Total non current asset | 621.25 | 256.15 |
| Current assets (a) Inventories | 814.51 | 971.61 |
| (b) Financial Assets (i) Trade receivables | 33.49 | 53.28 |
| (b) Financial Assets (ii) Cash and cash equivalents | 1.35 | 1.97 |
| (b) Financial Assets (iii) Others bank balances | 305.00 | 612.00 |
| (b) Financial Assets (iv) Others financial assets | 11.17 | 6.11 |
| (c) Other current assets | 12.79 | 61.16 |
| (d) Income Tax Asset (net) | 0.55 | – |
| Total Current Assets | 1,178.86 | 1,706.13 |
| TOTAL ASSETS | 1,800.11 | 1,962.28 |
| EQUITY AND LIABILITIES | ||
| Equity (a) Equity Share capital | 300.00 | 300.00 |
| Equity (b) Other Equity | 1,004.82 | 992.19 |
| Total Equity | 1,304.82 | 1,292.19 |
| Liabilities Non – current liabilites Total Non Current Liability | – | – |
| Current liabilities (a) Financial Liabilities (i) Borrowings | 466.83 | 329.46 |
| Current liabilities (a) Financial Liabilities (ii) Trade payables – Total outstanding dues of micro and small enterprises | – | – |
| Current liabilities (a) Financial Liabilities (ii) Trade payables – Total outstanding dues of other than micro and small enterprises | – | – |
| Current liabilities (a) Financial Liabilities (iii) Other financial liabilities | – | 220.80 |
| (b) Other current liabilities | 19.50 | 15.90 |
| (c) Current tax liability (net) | 8.96 | 90.20 |
| Total Current liabilities | 495.29 | 670.09 |
| TOTAL EQUITY & LIABILITIES | 1,800.11 | 1,962.28 |
| Particulars | For the year ended 31st March, 2026 | For the year ended 31st March, 2025 |
|---|---|---|
| A. Cash Flow From Operating Activities | ||
| Profit/(Loss) before tax | 23.86 | 427.25 |
| Adjustments for: Depreciation and amortization expense | 3.77 | 6.10 |
| Interest income | (63.20) | (54.02) |
| Credit Balances Write off | (0.50) | (0.11) |
| Finance Cost | 37.95 | 14.71 |
| Operating Profit before working capital Changes | 1.88 | 393.93 |
| Movement in Working Capital Decrease/(increase) in inventories | 157.09 | (416.90) |
| Decrease/(increase) in trade receivables | 19.79 | 255.45 |
| Increase / (decrease) Trade payables | (220.80) | 220.80 |
| Decrease / (Increase) in financial assets and non-financial assets | (322.85) | 90.73 |
| Increase / (decrease) in financial liabilities and other liabilities | (77.15) | 74.82 |
| Cash Generated from Operations | (442.04) | 618.83 |
| Taxes Paid (Net of Refund Received) | (26.61) | (145.56) |
| Net Cash flow from Operating Activities (A) | (468.65) | 473.27 |
| Cash Flow From Investing Activities Purchase of Property plant and equipment and intangible assets incl. CWIP | (0.70) | (0.26) |
| Proceeds from sale of asset | 3.36 | |
| Movement in other bank balances | 307.00 | (597.00) |
| Interest Received | 58.95 | 51.95 |
| Net cash flow generated/(used) from investing activities (B) | 368.61 | (545.30) |
| Cash flows from financing activities Proceeds from/(repayment of) long-term loans and borrowings, net | – | – |
| Proceeds from/(repayment of) short-term loans and borrowings, net | 137.37 | 84.78 |
| Interest paid | (37.95) | (14.71) |
| Net cash from/(used in) financing activities (C) | 99.42 | 70.08 |
| Net increase in cash and cash equivalents (A+B+C) | (0.62) | (1.96) |
| Cash and cash equivalents at the beginning of the year | 1.97 | 3.93 |
| Cash and cash equivalents at the end of the year | 1.35 | 1.97 |
| Particulars | For the year ended 31st March, 2026 | For the year ended 31st March, 2025 |
|---|---|---|
| Cash in Hand | 0.14 | 0.21 |
| Balance with banks In current Account | 1.21 | 1.77 |
| Total Cash and Cash Equivalents in Cash Flow Statement | 1.35 | 1.97 |
| Particulars | Details |
|---|---|
| Reason for change viz, appointment, ~~re appointment, resignation, removal, death or otherwise~~ | Appointment as Internal Auditors of the Company. |
| Date of appointment & Term of Appointment | Appointed for the financial year 2026-27 at the Board Meeting held on 04.05.2026 and on such other terms and conditions as decided by the Board of Directors of the Company. |
| Brief Profile | K. S. Rao & Co, is a firm of Chartered Accountants established in the year 1976. The firm comprises of experts specializing in Assurance, Risk, Tax advisory and Transaction services. The firm has presence and fulfils a role in its practice in solving problems in finance and transactions, operations, technology, litigation, governance, risk, and compliance. |
| Disclosure of relationships between directors | Not Applicable |