Permanent Magnets Ltd
Incorporated in 1960, Permanent Magnets Ltd is in the business of Engineering and Current Sensing applications[1]
- Market Cap ₹ 764 Cr.
- Current Price ₹ 888
- High / Low ₹ 1,120 / 619
- Stock P/E 37.4
- Book Value ₹ 192
- Dividend Yield 0.25 %
- ROCE 17.8 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
Cons
- Dividend payout has been low at 9.14% of profits over last 3 years
* 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.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 59 | 67 | 72 | 93 | 121 | 107 | 117 | 130 | 183 | 201 | 200 | 225 | 236 | |
| 54 | 64 | 69 | 84 | 98 | 86 | 91 | 103 | 141 | 166 | 172 | 186 | 196 | |
| Operating Profit | 4 | 4 | 3 | 8 | 23 | 21 | 25 | 27 | 41 | 35 | 27 | 39 | 40 |
| OPM % | 8% | 5% | 4.5% | 9% | 19% | 19% | 22% | 21% | 23% | 18% | 14% | 17% | 17% |
| 0 | 0 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 4 | 5 | 4 | 4 | |
| Interest | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 4 | 5 | 7 | 9 | 13 | 14 |
| Profit before tax | 1 | 1 | 1 | 7 | 21 | 19 | 22 | 26 | 40 | 31 | 20 | 28 | 26 |
| Tax % | 18% | -11% | 16% | 22% | 29% | 24% | 26% | 26% | 26% | 26% | 25% | 26% | |
| 0 | 1 | 1 | 5 | 15 | 14 | 16 | 19 | 30 | 23 | 15 | 20 | 19 | |
| EPS in Rs | 0.49 | 1.08 | 1.38 | 6.27 | 17.21 | 16.65 | 18.77 | 22.14 | 34.60 | 26.45 | 17.64 | 23.71 | 22.51 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 5% | 4% | 7% | 11% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 14% |
| 3 Years: | 7% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 6% |
| 3 Years: | -10% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 47% |
| 5 Years: | 19% |
| 3 Years: | -15% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 18% |
| 3 Years: | 14% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 2 | 3 | 4 | 10 | 25 | 39 | 55 | 74 | 102 | 124 | 137 | 156 |
| 19 | 18 | 12 | 14 | 8 | 2 | 3 | 5 | 8 | 15 | 20 | 37 | |
| 21 | 20 | 22 | 27 | 25 | 23 | 27 | 29 | 33 | 35 | 24 | 36 | |
| Total Liabilities | 51 | 50 | 47 | 59 | 67 | 73 | 94 | 116 | 151 | 183 | 190 | 238 |
| 3 | 4 | 4 | 5 | 5 | 9 | 8 | 10 | 14 | 32 | 54 | 72 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 48 | 46 | 43 | 55 | 62 | 64 | 86 | 106 | 137 | 151 | 136 | 163 | |
| Total Assets | 51 | 50 | 47 | 59 | 67 | 73 | 94 | 116 | 151 | 183 | 190 | 238 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 5 | 9 | 1 | 10 | 12 | 6 | 4 | 11 | 19 | 36 | 31 | |
| -1 | -3 | -2 | -2 | -2 | -2 | -2 | -4 | -10 | -18 | -28 | -28 | |
| -3 | -2 | -7 | 1 | -7 | -9 | -3 | -3 | -1 | 2 | -8 | 3 | |
| Net Cash Flow | 0 | 0 | 0 | -0 | 1 | 1 | 1 | -3 | 1 | 3 | 0 | 7 |
| Free Cash Flow | 3 | 3 | 8 | -1 | 8 | 10 | 4 | -0 | 2 | 1 | 9 | 4 |
| CFO/OP | 93% | 143% | 287% | 32% | 70% | 79% | 45% | 37% | 50% | 79% | 152% | 98% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 104 | 96 | 102 | 114 | 96 | 94 | 103 | 100 | 102 | 72 | 72 | 89 |
| Inventory Days | 227 | 175 | 122 | 87 | 100 | 139 | 137 | 232 | 212 | 180 | 174 | 171 |
| Days Payable | 184 | 159 | 167 | 155 | 112 | 108 | 144 | 153 | 117 | 89 | 65 | 88 |
| Cash Conversion Cycle | 147 | 112 | 57 | 46 | 84 | 124 | 95 | 179 | 197 | 162 | 181 | 171 |
| Working Capital Days | 45 | 39 | 39 | 45 | 79 | 115 | 107 | 148 | 148 | 125 | 147 | 128 |
| ROCE % | 13% | 8% | 11% | 26% | 60% | 44% | 39% | 34% | 40% | 25% | 14% | 18% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Asia Geography Revenue Share % of revenue |
|
||||||
| Automobiles Revenue Share % of revenue |
|||||||
| Electricity Meters Revenue Share % of revenue |
|||||||
| Top 5 Client Revenue Concentration % of revenue |
|||||||
| Total Committed Team Members count |
|||||||
| Actively Manufactured SKUs count |
|||||||
| CT (Current Transformer) Revenue Share % of revenue |
|||||||
| Alloys Revenue Share % of revenue |
|||||||
| R&D Expenditure (Percentage of Turnover) % |
|||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
- Sukhmal Jain resigns as CFO of Permanent Magnets, effective September 30, 2026.
-
Intimation Of SEBI Circular No. SEBI/HO/MIRSD/MIRSD-POD/P/CIR/2025/97 Dated July 02, 2025 (Special Window For Re-Lodgement Of Transfer Requests Of Physical Shares)
- 5,000 promoter-group shares dematerialized after lock-in ended on August 6, 2026.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
- MOA object clause amended; Permanent Magnets' CIN changed from L27100DN1960PLC000371 to L27103DN1960PLC000371.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
- QMPL received ECMS approval on August 18, 2026 to manufacture neodymium magnets.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q1FY27 standalone results: revenue Rs63.23 crore, up 19% YoY; PAT Rs6.25 crore.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
Concalls
-
May 2026Transcript PPT REC
-
Nov 2025TranscriptPPT
-
May 2025Transcript PPT
-
Nov 2024TranscriptPPT
-
May 2024Transcript PPT
-
Nov 2023TranscriptPPT
-
May 2023Transcript PPT REC
-
Jun 2022TranscriptAI SummaryPPT
-
Jun 2021TranscriptAI SummaryPPT
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.