Permanent Magnets Ltd

Permanent Magnets Ltd

₹ 902 -5.03%
15 May - 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 776 Cr.
  • Current Price 902
  • High / Low 1,230 / 619
  • Stock P/E 48.9
  • Book Value 183
  • Dividend Yield 0.22 %
  • ROCE 14.1 %
  • ROE 10.5 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 4.93 times its book value
  • Company has a low return on equity of 12.4% 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.

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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
167 175 190
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: 51%
5 Years: 26%
3 Years: -3%
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 15 85
45 35 40
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 38 18
-22 -28 -43
3 -9 48
Net Cash Flow 3 1 23
Free Cash Flow 1 10 -11
CFO/OP 91% 142% 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 73 100
Cash Conversion Cycle 160 175 161
Working Capital Days 111 129 127
ROCE % 15% 14%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Permanent Employees
Count ・Standalone data

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Number of Operational Manufacturing Facilities
Count ・Standalone data
Debtors Turnover Ratio
Times ・Includes some standalone data
Revenue Mix - Automobiles
%
Revenue Mix - Electricity Meters
%
Total Employees/Workforce
Count ・Includes some standalone data
Number of Engineers
Count ・Includes some standalone data
Number of active SKUs
Count ・Includes some standalone data
R&D Expenditure (Percentage of Turnover)
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 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%
0.00% 0.42% 0.42% 0.00% 0.40% 0.40% 0.40% 0.00% 0.03% 0.03% 0.00% 0.00%
0.01% 0.10% 0.10% 0.01% 0.12% 0.12% 0.12% 0.01% 0.11% 0.03% 0.01% 0.01%
41.97% 41.47% 41.47% 41.99% 41.46% 41.47% 41.48% 41.98% 41.86% 41.93% 41.99% 41.98%
No. of Shareholders 11,33914,75816,77418,13118,90119,63619,57918,68719,20718,74518,55118,063

* 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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