Is Permanent Magnets Ltd (PERMAGNET) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Permanent Magnets Ltd is a good quality company .

Is Permanent Magnets Ltd (PERMAGNET) undervalued or overvalued?

The key valuation ratios of Permanent Magnets Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Permanent Magnets Ltd (PERMAGNET) share price return in the past 10 years?

Permanent Magnets Ltd share price has appreciated 50% annually (CAGR) over the past ten years.

Is Permanent Magnets Ltd (PERMAGNET) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Permanent Magnets Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Permanent Magnets Ltd (PERMAGNET)?

Company share prices are keep on changing according to the market conditions. The current trading price of Permanent Magnets Ltd (PERMAGNET) on 30-Apr-2026 16:59:59 at 16:59 is 904.20.

What is the P/E ratio of Permanent Magnets?

The latest standalone P/E ratio of Permanent Magnets as of 30-Apr-2026 is 43.53.

What is the P/B ratio of Permanent Magnets Ltd (PERMAGNET)?

The latest standalone P/B ratio of Permanent Magnets Ltd (PERMAGNET) as of 30-Apr-2026 is 4.87.

What is the 52-week high and low of Permanent Magnets Ltd (PERMAGNET)?

The 52-week high of Permanent Magnets Ltd (PERMAGNET) is Rs. 1229.90 and the 52-week low is Rs. 618.60.

Permanent Magnets Ltd (PERMAGNET) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Permanent Magnets Ltd (PERMAGNET)
Brand: Permanent Magnets

Permanent Magnets Ltd (PERMAGNET) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Permanent Magnets Ltd (PERMAGNET)

BSE: 504132 NSE: PERMAGNET

Key Metrics

Market Cap

₹777 Cr.

P/E Ratio

43.53

Price to Book (P/B)

4.87

Price to Sales (P/S)

3.81

EV/EBITDA

19.77

Return on Capital Employed (ROCE)

15.11%

Current Price

₹904.2

Return on Equity (ROE)

10.90%

Return on Assets (ROA)

8.24%

Operating Profit Margin

13.7%

Net Profit Margin

7.6%

Gross Profit Margin

14.8%

Book Value per Share

₹185.5

Sales Growth (YoY)

-0.96%

Sales Growth (3 Years)

15.5%

Operating Profit Growth (1 Year)

-23.09%

Operating Profit Growth (3 Years)

0.62%

Net Profit Growth (1 Year)

-33.29%

52-Week Low / High

₹619 / 1,230

Net Profit Growth (3 Years)

-80.03%

Dividend Yield

0.29%

Promoter Holding

58.01%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Stock return of Permanent Magnets Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 50% based on the current price.

Q.1 Revenue growth of Permanent Magnets Ltd?

Permanent Magnets Ltd revenue growth is -1% for FY-2025, which is below its 5-year CAGR of 13.37%, indicating slower growth.

Q.1 Which industry/sub-sector does Permanent Magnets Ltd belong to?

Permanent Magnets Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Electric Equipment segment.

Q.1 Promoter shareholding and pledge status of Permanent Magnets Ltd?

Promoters hold 58.01% of the Permanent Magnets Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Permanent Magnets Ltd vs industry peers?

Permanent Magnets Ltd revenue CAGR is 13.37%, compared to the industry median CAGR of 16.95%, indicating slower growth and losing its market share.

DeciZen - make an informed investing decision on Permanent Magnets

Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation ⓘ

3. Price Trend

Permanent Magnets stock performance

Key Ratios

Is Permanent Magnets Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	8.3%	11.6%	29.9%	60.3%	44.4%	39.5%	35.1%	40.9%	25.2%	15.1%	-
Value Creation Index ⓘ	-0.4	-0.2	1.1	3.3	2.2	1.8	1.5	1.9	0.8	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	67.5	71.9	92.8	121	107	117	130	183	201	200	204
Sales YoY Gr.	-	6.6%	29%	30.3%	-11.8%	9.5%	11%	41.1%	10.3%	-1%	-
Adj EPS ⓘ	1.6	0.5	5.5	16.6	14.9	18.7	20.1	31.6	24.7	16.3	20.8
YoY Gr.	-	-66.5%	932.1%	203.5%	-10.5%	25.6%	7.5%	57.3%	-21.6%	-34%	-
BVPS (₹) ⓘ	13.7	15.1	21.4	38.7	55.7	74.5	95.6	129	153.9	169.8	185.5
Adj Net Profit ⓘ	1.4	0.5	4.7	14.3	12.8	16.1	17.3	27.1	21.3	14.1	18
Cash Flow from Ops. ⓘ	5.1	9.4	1.3	9.9	11.5	6.4	3.7	11.5	19.4	35.3	-
Debt/CF from Ops. ⓘ	3.5	1.3	11.1	0.9	0.2	0.3	0.8	0.5	0.7	0.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	12.8%	13.4%	15.5%	-1%
Adj EPS ⓘ	29.6%	1.9%	-6.6%	-34%
BVPSⓘ	32.3%	25%	21.1%	10.3%
Share Price	50%	25.6%	-2.6%	16.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	12	3.7	30	55.3	31.5	28.7	23.6	28.1	17.5	10.1	11.7
Op. Profit Mgn % ⓘ	6.2	4.5	9.1	19	19.4	21.7	20.7	22.6	17.6	13.7	16.8
Net Profit Mgn % ⓘ	2	0.6	5.1	11.8	12	13.8	13.3	14.8	10.6	7	8.8
Debt to Equity ⓘ	1.5	0.9	0.8	0.3	0	0	0	0.1	0.1	0.1	-
Working Cap Days ⓘ	231	209	177	164	192	181	212	212	210	203	127
Cash Conv. Cycle ⓘ	93	78	53	54	90	83	96	107	118	121	97

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	20.8	14.4
TTM Sales (₹ Cr.)	204	205
BVPS (₹) ⓘ	185.5	178.1
Reserves (₹ Cr.) ⓘ	151	145
P/BV ⓘ	4.87	5.08
PE ⓘ	43.53	62.85

From the Market
52 Week Low / High (₹)	618.60 / 1229.90
All Time Low / High (₹)	1.00 / 1721.00
Market Cap (₹ Cr.)	777
Equity (₹ Cr.)	8.6
Face Value (₹)	10
Industry PE ⓘ	60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.63

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Permanent Magnets - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	67	72	93	121	107	117	130	183	201	200
Operating Expenses ⓘ +	64	69	84	98	86	91	103	141	166	172
Manufacturing Costs	10	11	12	16	16	17	21	27	29	32
Material Costs	41	45	56	64	51	56	59	92	111	111
Employee Cost	5	5	6	7	8	7	8	9	11	12
Other Costs ⓘ	8	8	10	11	12	11	15	14	14	17
Operating Profit ⓘ	4	3	8	23	21	25	27	41	35	27
Operating Profit Margin (%)	5.3%	4.5%	9.1%	19.0%	19.3%	21.7%	20.7%	22.6%	17.6%	13.7%
Other Income ⓘ +	0	1	0	1	3	1	4	5	4	5
Exceptional Items ⓘ	0	0	1	0	0	0	0	0	0	0
Interest ⓘ	2	2	2	2	1	1	1	1	2	3
Depreciation ⓘ	1	1	1	2	3	3	4	5	7	9
Profit Before Tax ⓘ	1	1	7	21	19	22	26	40	31	20
Tax ⓘ	-0	0	1	6	5	6	7	10	8	5
Profit After Tax	1	1	5	15	14	16	19	30	23	15
PAT Margin (%)	1.4%	1.7%	5.8%	12.3%	13.4%	13.8%	14.7%	16.3%	11.3%	7.6%
Adjusted EPS (₹)	1.1	1.4	6.3	17.2	16.7	18.8	22.2	34.6	26.4	17.6
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	5.30%	5.40%	4.30%	6.80%	11.30%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	12	13	18	33	48	64	82	111	132	146
Share Capital ⓘ	9	9	9	9	9	9	9	9	9	9
Reserves ⓘ	3	4	10	25	39	55	74	102	124	137
Debt +	18	12	14	8	2	2	3	6	12	9
Long Term Debt	4	4	3	2	2	2	2	4	10	8
Short Term Debt	14	8	11	6	0	0	1	2	2	1
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	18	21	24	20	15	22	25	29	27	20
Others Liabilities ⓘ	2	1	2	5	7	4	5	3	9	12
Total Liabilities ⓘ	49	46	58	66	72	92	114	149	181	187
Fixed Assets
Net Fixed Assets ⓘ +	4	4	5	5	9	8	10	14	32	54
Gross Block	17	6	7	9	16	19	22	28	53	85
Accumulated Depreciation	13	1	3	4	7	11	12	14	21	30
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	20	15	13	18	19	21	37	53	55	53
Trade Receivables	18	20	29	32	27	33	35	51	40	39
Cash Equivalents	2	2	3	3	8	23	15	12	40	19
Others Assets ⓘ	5	4	8	9	8	8	16	19	14	21
Total Assets ⓘ	49	46	58	66	72	92	114	149	181	187

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	5	9	1	10	11	6	4	11	19	35
PBT ⓘ	1	1	7	21	19	22	26	40	31	20
Adjustment ⓘ	3	3	2	3	3	4	5	7	9	11
Changes in Working Capital ⓘ	1	5	-6	-8	-6	-14	-21	-27	-12	9
Tax Paid ⓘ	0	0	-1	-6	-5	-5	-6	-9	-9	-5
Cash Flow From Investing Activity ⓘ +	-3	-2	-2	-2	-2	-2	-4	-10	-18	-27
Capex	-3	-2	-2	-2	-2	-2	-4	-10	-18	-27
Net Investments	0	0	0	0	0	0	0	0	-0	0
Others ⓘ	-0	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	-2	-7	1	-7	-9	-3	-3	-1	2	-8
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	1	-0	-1	-0	-0	-0	-0	2	6	-2
Interest Paid ⓘ	-2	-2	-2	-2	-1	-0	-0	-1	-1	-1
Dividend Paid ⓘ	0	0	0	0	0	0	-1	-1	-1	-2
Others ⓘ	-2	-6	3	-5	-7	-2	-1	-2	-2	-4
Net Cash Flow ⓘ	0	0	-0	1	1	1	-3	1	3	0

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	8.23	9.58	34.5	57.33	35.3	28.84	26.04	30.8	18.69	10.9
ROCE (%)	8.25	11.6	29.93	60.27	44.35	39.49	35.09	40.89	25.19	15.11
Asset Turnover Ratio	1.41	1.51	1.77	1.94	1.55	1.42	1.25	1.39	1.22	1.08
PAT to CFO Conversion(x)	5	9	0.2	0.67	0.79	0.38	0.21	0.37	0.83	2.33
Working Capital Days
Receivable Days	90.70	96	96.50	91.80	101.30	94.10	96.30	86.30	82.10	72.20
Inventory Days	113.20	87.90	55.90	46.70	63	63	82.20	90.60	98.10	98.80
Payable Days	164.40	156.10	144.60	124.50	124.80	121.10	145.20	107.20	92.80	77.50

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Permanent Magnets Ltd FAQs

The current trading price of Permanent Magnets on 30-Apr-2026 16:59 is ₹904.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Apr-2026 the market cap of Permanent Magnets stood at ₹777.5 Cr

The latest P/E ratio of Permanent Magnets as of 29-Apr-2026 is 43.53.

The latest P/B ratio of Permanent Magnets as of 29-Apr-2026 is 4.87.

The 52-week high of Permanent Magnets is ₹1,229.9 and the 52-week low is ₹618.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Permanent Magnets is ₹204 ( Cr.) .

About Permanent Magnets Ltd

Permanent Magnets Ltd, is one of the flagship companies of Taparia Group, Mumbai and also one of the five leading manufacturers of Alnico Cast Magnets and Yoke Assemblies in the world. It is a front-runner among young, dynamic and growing companies in India. It was established in 1961 at Mumbai. It has Sales Offices at Delhi, Mumbai, and Bangalore. PML magnets are used extensively in key sectors of Indian industry such as electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways and electricity generation.

Permanent Magnets is the largest producer of Alnico magnets in India. PMLâ€™s customer base is large and wide spread. It has 70% market share in India and a very respectable presence in Europe, USA, Australia, South America, South East Asia, Egypt and Malaysia. The customers are largely OEM's. PML sells to the trade also. PML started operations with the Alnico facility in 1963. This capability was augmented and upgraded with the technical support of Sumitomo Special Metals Co. of Japan. The current manufacturing capacity is 400 T per annum of cast alloy permanent magnets.

PML began manufacturing magnets in 1963 in collaboration with Centro Magneti Permanenti of Italy. Production began with a 400-tonne capacity plant for Cast Alnico magnets at PMLâ€™s Borivali Plant, in Mumbai. New grades of Alnicos were introduced with a technology tie-up in 1983 with Sumitomo Special Metal Co. (a leading Japanese manufacturer.

Success led to diversification and growth. Magnetic Systems were added to production lines and special applications cell handles industrial problems of separation, conveying, lifting, etc.

Product range of the company includes:

Mu Metal Components
Standard Magnetic Assemblies
Custom Magnetic Assemblies
Alnico Magnets
Ferrite Magnets
NdFeB Magnets
Assembly For Energy Meters
Cow Magnets

Achievements/ recognition:

An ISO:9001:2000 certified company.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Permanent Magnets Ltd (PERMAGNET) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Permanent Magnets Share Price