What is CAGR? What does CAGR table indicate for Permanent Magnets Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Permanent Magnets Ltd Stock Analysis

Q: Is Permanent Magnets Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Permanent Magnets Ltd and arrived at the following conclusion.

Small Cap

Evaluated by 202 users | BSE: 504132 | NSE: PERMAGNET |
Electric Equipment

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

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

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Capital Employed	5.69%	4.8%	3.02%	10.55%	4.12%	8.39%	6.15%	20.51%	41.41%	30.01%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	62.1	46.8	48.5	54.5	58.7	67.5	71.9	92.8	121	107
Y-o-Y Gr. Rt.	-	-24.6%	3.6%	12.4%	7.6%	14.9%	6.6%	29%	30.3%	-11.8%
Adjusted EPS (Rs.)	-0.26	-2.49	-1.59	1.31	-1.22	1.58	0.53	5.47	16.6	14.86
Y-o-Y Gr. Rt.	-	NA	NA	NA	-193.1%	NA	-66.5%	932.1%	203.5%	-10.5%
Book Value per Share (Rs.)	18.7	16.07	13.09	12.27	12.63	13.72	15.1	21.39	38.67	55.68
Adjusted Net Profit	-0.2	-2.1	-1.4	1.1	-1.1	1.4	0.5	4.7	14.3	12.8
Net Op. Cash Flow (Rs. Cr.)	3.2	1.9	2.6	4.5	4.1	5.1	9.4	1.3	9.9	11.5
Debt to Cash Flow from Ops	7.82	12.29	8.73	4.47	4.56	3.52	1.28	11.12	0.85	0.18

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Permanent Magnets Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Permanent Magnets Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	6.2%	12.7%	14%	-11.8%
Adjusted EPS	NA	NA	203.8%	-10.5%
Book Value per Share	12.9	34.5	54.5	44
Share Price	41.6%	74.2%	39.2%	216.3%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Equity (%)	-1.41	-14.31	-10.9	10.32	-9.77	12.01	3.68	29.97	55.26	31.51
Operating Profit Margin (%)	5.33	8.42	6.5	10.27	4.07	6.18	4.53	9.12	18.97	19.39
Net Profit Margin (%)	-0.36	-4.57	-2.82	2.06	-1.78	2.02	0.63	5.07	11.81	11.99
Debt to Equity	1.57	1.7	2.03	1.89	1.71	1.52	0.93	0.77	0.25	0.04
Working Capital Days	297	384	341	297	271	231	209	177	164	192
Cash Conversion Cycle	112	141	160	132	122	93	78	53	54	90

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	60.03%
Institutions	0.01%
Non-Institutions	39.96%

Promoter's Holding & Share Pledging

Pledged ^*

0.51

0.52

0.54

0.61

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

FAQs

1. Is Permanent Magnets Ltd a good quality company?

Data is not available for this company.

2. Is current market price of Permanent Magnets Ltd a good price to buy it?

The 5-year analysis of Permanent Magnets Ltd's performance infers:

Permanent Magnets Ltd earnings have grown by 0%, whereas share price has appreciated 74.2% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

3. What is Permanent Magnets Ltd share price return in the past 10 years ?

We analysed the performance of Permanent Magnets Ltd share prices over the last 10 years. Here is what we found out:

Permanent Magnets Ltd share price has appreciated 32.6% annually over the past ten years.

About Company

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,

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: