Permanent Magnets Ltd

Permanent Magnets Ltd

₹ 1,157 6.78%
14 Jun 4:01 p.m.
About

Permanent Magnets Limited (PML) is a Mumbai based, one of the flagship Companies of Taparia Group. It is manufacturer and exporter of Magnetic assemblies, shunt assemblies & brass terminals, Alnico Cast. (Magnets and Yoke Assemblies, Parts and accessories of electricity meters in the world. PML has further started with supplies of Gas meters parts and accessories. [1]

Key Points

Pioneer in Magnet Manufacturing
Permanent Magnets Limited (PML) is one of the first magnet manufacturers in India. [1]

  • Market Cap 995 Cr.
  • Current Price 1,157
  • High / Low 1,721 / 902
  • Stock P/E 49.2
  • Book Value 151
  • Dividend Yield 0.13 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 7.66 times its book value

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024
43.64 53.71 50.53 53.60
33.88 42.47 43.73 47.04
Operating Profit 9.76 11.24 6.80 6.56
OPM % 22.36% 20.93% 13.46% 12.24%
0.95 0.62 1.06 1.82
Interest 0.18 0.17 0.81 1.12
Depreciation 1.23 2.02 1.94 3.08
Profit before tax 9.30 9.67 5.11 4.18
Tax % 27.10% 26.78% 24.85% 39.95%
6.78 7.08 3.84 2.51
EPS in Rs 7.89 8.23 4.47 2.92
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024
201
167
Operating Profit 34
OPM % 17%
4
Interest 2
Depreciation 8
Profit before tax 28
Tax % 29%
20
EPS in Rs 23.49
Dividend Payout % 8%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 60%
5 Years: 44%
3 Years: 57%
1 Year: -7%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024
Equity Capital 9
Reserves 121
24
37
Total Liabilities 191
40
CWIP 0
Investments 0
151
Total Assets 191

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024
24
-22
1
Net Cash Flow 3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024
Debtor Days 72
Inventory Days 180
Days Payable 92
Cash Conversion Cycle 160
Working Capital Days 122
ROCE %

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
60.03% 60.00% 58.02% 58.02% 58.02% 58.01% 58.01% 58.00% 58.01% 58.01% 58.01% 58.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.42% 0.42% 0.00%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.10% 0.10% 0.01%
39.96% 39.99% 41.97% 41.97% 41.97% 41.97% 41.97% 41.99% 41.97% 41.47% 41.47% 41.99%
No. of Shareholders 8,0538,5739,0559,1908,9398,5388,8779,18711,33914,75816,77418,131

* 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.

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Documents

Concalls