SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Permanent Magnets Ltd (PERMAGNET)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504132 NSE: PERMAGNET Electric Equipment | Small Cap | Permanent Magnets Share Price

₹847.15 43.80 (5.45%)

As on 05-Jun'26 16:59

Permanent Magnets Ltd (PERMAGNET)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504132 NSE: PERMAGNET Electric Equipment | Small Cap | Permanent Magnets Share Price

₹847.15 43.80 (5.45%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹691 Cr.
Current Price
₹847.2
52-Week Low / High
₹619 / 1,230
TTM EPS
₹23.7
TTM Sales
₹225 Cr.
Book Value per Share
₹191.9
P/E Ratio
33.88
Lower than its 5-year historical median
Industry PE
56.3
Price to Book (P/B)
4.19
Lower than its 5-year historical median
Price to Sales (P/S)
3.06
Lower than its 5-year historical median
EV/EBITDA
15.09
Lower than its 5-year historical median
Dividend Yield
0.29%
Profitability Efficiency
Return on Equity (ROE)
10.90%
Outperforms industry median
Return on Capital Employed (ROCE)
15.11%
Outperforms industry median
Return on Assets (ROA)
8.24%
Operating Profit Margin
13.7%
Net Profit Margin
7.6%
Gross Profit Margin
14.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-0.96%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-23.09%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
-33.29%
Asset Quality
Promoter Holding
58.01%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹156 Cr.
Equity
₹8.6 Cr.
Face Value
₹10
All Time Low / High
₹1.00 / 1721.00

Permanent Magnets stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Locked
Login to view analysis.

Valuation

Locked
Login to view analysis.

Price Trend

Locked
Login to view analysis.
Q.1 Is Permanent Magnets Ltd a good quality company?
Permanent Magnets Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Permanent Magnets Ltd performance compare with that of its Peers?
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 13.01%, indicating stable growth and maintaining its market share.
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 Stock return of Permanent Magnets Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 50.6% based on the current price.

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)

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

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

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.
Permanent Magnets Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 8.3%11.6%29.9%60.3%44.4%39.5%35.1%40.9%25.2%15.1%-
Value Creation
Index
-0.4-0.21.13.32.21.81.51.90.80.1-

Growth Parameters

Sales 67.571.992.8121107117130183201200225
Sales YoY Gr.-6.6%29%30.3%-11.8%9.5%11%41.1%10.3%-1%-
Adj EPS 1.60.55.516.614.918.720.131.624.716.323.7
YoY Gr.--66.5%932.1%203.5%-10.5%25.6%7.5%57.3%-21.6%-34%-
BVPS (₹) 13.715.121.438.755.774.595.6129153.9169.8191.9
Adj Net
Profit
1.40.54.714.312.816.117.327.121.314.120
Cash Flow from Ops. 5.19.41.39.911.56.43.711.519.435.3-
Debt/CF from Ops. 3.51.311.10.90.20.30.80.50.70.3-

CAGR

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%
BVPS32.3%25%21.1%10.3%
Share Price 50.9% 23.8% -5.3% -4.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
123.73055.331.528.723.628.117.510.113.1
Op. Profit
Mgn %
6.24.59.11919.421.720.722.617.613.717.3
Net Profit
Mgn %
20.65.111.81213.813.314.810.679
Debt to
Equity
1.50.90.80.30000.10.10.10.1
Working Cap
Days
231209177164192181212212210203114
Cash Conv.
Cycle
9378535490839610711812185

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales677293121107117130183201200
Operating Expenses + 646984988691103141166172
Manufacturing Costs10111216161721272932
Material Costs4145566451565992111111
Employee Cost 556787891112
Other Costs 881011121115141417
Operating Profit 43823212527413527
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 + 0101314545
Exceptional Items 0010000000
Interest 2222111123
Depreciation 1112334579
Profit Before Tax 11721192226403120
Tax -00165671085
Profit After Tax 11515141619302315
PAT Margin (%) 1.4%1.7%5.8%12.3%13.4%13.8%14.7%16.3%11.3%7.6%
Adjusted EPS (₹)1.11.46.317.216.718.822.234.626.417.6
Dividend Payout Ratio (%)0%0%0%0%0%5.30%5.40%4.30%6.80%11.30%

Valuation of Permanent Magnets - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 12131833486482111132146
Share Capital 9999999999
Reserves 341025395574102124137
Debt +18121482236129
Long Term Debt44322224108
Short Term Debt148116001221
Minority Interest0000000000
Trade Payables18212420152225292720
Others Liabilities 21257453912
Total Liabilities 494658667292114149181187

Fixed Assets

Net Fixed Assets +44559810143254
Gross Block17679161922285385
Accumulated Depreciation1313471112142130
CWIP 0000000000
Investments 0000000000
Inventories20151318192137535553
Trade Receivables18202932273335514039
Cash Equivalents 223382315124019
Others Assets 54898816191421
Total Assets 494658667292114149181187

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 591101164111935
PBT 11721192226403120
Adjustment 33233457911
Changes in Working Capital 15-6-8-6-14-21-27-129
Tax Paid 00-1-6-5-5-6-9-9-5
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 00000000-00
Others -0000000000
Cash Flow From Financing Activity + -2-71-7-9-3-3-12-8
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1-0-1-0-0-0-026-2
Interest Paid -2-2-2-2-1-0-0-1-1-1
Dividend Paid 000000-1-1-1-2
Others -2-63-5-7-2-1-2-2-4
Net Cash Flow 00-0111-3130

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)8.239.5834.557.3335.328.8426.0430.818.6910.9
ROCE (%)8.2511.629.9360.2744.3539.4935.0940.8925.1915.11
Asset Turnover Ratio1.411.511.771.941.551.421.251.391.221.08
PAT to CFO Conversion(x)590.20.670.790.380.210.370.832.33
Working Capital Days
Receivable Days90.709696.5091.80101.3094.1096.3086.3082.1072.20
Inventory Days113.2087.9055.9046.70636382.2090.6098.1098.80
Payable Days164.40156.10144.60124.50124.80121.10145.20107.2092.8077.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.630.630.630.630.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Permanent Magnets Ltd FAQs

The current trading price of Permanent Magnets on 05-Jun-2026 16:59 is ₹847.1.

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 04-Jun-2026 the market cap of Permanent Magnets stood at ₹690.8 Cr

The latest P/E ratio of Permanent Magnets as of 04-Jun-2026 is 33.88.

The latest P/B ratio of Permanent Magnets as of 04-Jun-2026 is 4.19.

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 ₹225 ( Cr.) .

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

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.

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.

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. PML’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 PML’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.
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×