Permanent Magnets Ltd

Permanent Magnets Ltd

₹ 861 -0.05%
21 Jul - close price
About

Incorporated in 1960, Permanent Magnets Ltd is in the business of Engineering and Current Sensing applications[1]

Key Points

Business Overview:[1]
PML is among the flagship companies of Taparia Group, Mumbai. It is a solution provider of electrical components and assemblies based on technologies such as current and speed sensing, magnetic shielding, and magnetic assemblies.

  • Market Cap 740 Cr.
  • Current Price 861
  • High / Low 1,230 / 619
  • Stock P/E 46.7
  • Book Value 183
  • Dividend Yield 0.26 %
  • ROCE 13.8 %
  • ROE 10.5 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 4.70 times its book value
  • Company has a low return on equity of 12.4% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
43.64 53.71 50.53 53.60 54.32 56.10 49.35 45.28 53.55 49.13 57.02 66.54
33.88 42.47 43.73 47.04 45.89 45.41 43.06 40.23 42.86 43.13 46.51 57.05
Operating Profit 9.76 11.24 6.80 6.56 8.43 10.69 6.29 5.05 10.69 6.00 10.51 9.49
OPM % 22.36% 20.93% 13.46% 12.24% 15.52% 19.06% 12.75% 11.15% 19.96% 12.21% 18.43% 14.26%
0.95 0.62 1.06 1.82 1.36 1.29 1.06 0.45 1.24 1.38 -0.84 2.54
Interest 0.18 0.17 0.81 1.12 0.54 0.55 1.03 0.28 0.62 0.47 1.45 1.56
Depreciation 1.23 2.02 1.94 3.08 2.23 2.50 3.17 3.53 2.64 3.21 3.55 5.12
Profit before tax 9.30 9.67 5.11 4.18 7.02 8.93 3.15 1.69 8.67 3.70 4.67 5.35
Tax % 27.10% 26.78% 24.85% 39.95% 28.21% 20.49% 35.24% 6.51% 28.84% 35.95% 51.82% 25.42%
6.78 7.08 3.84 2.51 5.04 7.10 2.04 1.58 6.17 2.37 2.25 3.99
EPS in Rs 7.89 8.23 4.47 2.92 5.86 8.26 2.37 1.84 7.18 2.76 2.62 4.64
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Mar 2026
201 205 226
167 175 189
Operating Profit 34 30 37
OPM % 17% 15% 16%
4 4 4
Interest 2 2 4
Depreciation 8 11 15
Profit before tax 28 21 22
Tax % 29% 24% 34%
20 16 15
EPS in Rs 23.49 18.32 17.18
Dividend Payout % 8% 11% 13%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 10%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 1%
Stock Price CAGR
10 Years: 47%
5 Years: 20%
3 Years: -18%
1 Year: -16%
Return on Equity
10 Years: %
5 Years: %
3 Years: 12%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Mar 2026
Equity Capital 9 9 9
Reserves 121 135 149
16 24 88
45 26 37
Total Liabilities 191 194 282
40 62 78
CWIP 0 0 8
Investments 0 0 0
151 132 196
Total Assets 191 194 282

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Mar 2026
23 39 18
-22 -29 -43
3 -9 48
Net Cash Flow 3 1 23
Free Cash Flow 1 10 -26
CFO/OP 91% 146% 67%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Mar 2026
Debtor Days 72 70 88
Inventory Days 180 178 173
Days Payable 92 73 89
Cash Conversion Cycle 160 175 172
Working Capital Days 111 129 127
ROCE % 15% 14%

Insights

In beta
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Asia Geography Revenue Share
% of revenue ・Standalone data

Log in to view insights

Please log in to see hidden values.

Login
Automobiles Revenue Share
% of revenue ・Standalone data
Electricity Meters Revenue Share
% of revenue ・Standalone data
Top 5 Client Revenue Concentration
% of revenue ・Standalone data
Total Committed Team Members
count ・Standalone data
Actively Manufactured SKUs
count ・Standalone data
CT (Current Transformer) Revenue Share
% of revenue ・Standalone data
Alloys Revenue Share
% of revenue ・Standalone data
R&D Expenditure (Percentage of Turnover)
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
58.01% 58.01% 58.01% 58.01% 58.01% 58.01% 58.01% 58.01% 58.01% 58.01% 58.01% 58.01%
0.42% 0.42% 0.00% 0.40% 0.40% 0.40% 0.00% 0.03% 0.03% 0.00% 0.00% 0.00%
0.10% 0.10% 0.01% 0.12% 0.12% 0.12% 0.01% 0.11% 0.03% 0.01% 0.01% 0.01%
41.47% 41.47% 41.99% 41.46% 41.47% 41.48% 41.98% 41.86% 41.93% 41.99% 41.98% 41.98%
No. of Shareholders 14,75816,77418,13118,90119,63619,57918,68719,20718,74518,55118,06317,574

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls