Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Permanent Magnets Ltd (PERMAGN)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504132 NSE: PERMAGN Electric Equipment | Small Cap | Permanent Magnets Share Price
₹844.50 18.60 (2.25%)
As on 18-Sep'26 16:59
Permanent Magnets Ltd (PERMAGN)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504132 NSE: PERMAGN Electric Equipment | Small Cap | Permanent Magnets Share Price
₹844.50 18.60 (2.25%)
As on 18-Sep'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹726 Cr.
Current Price
₹844.5
52-Week Low / High
₹619 / 1,120
TTM EPS
₹14.4
TTM Sales
₹236 Cr.
Book Value per Share
₹187.5
P/E Ratio
58.51
Higher than its 5-year historical median
Industry PE
54
Price to Book (P/B)
4.50
Lower than its 5-year historical median
Price to Sales (P/S)
3.08
Lower than its 5-year historical median
EV/EBITDA
17.43
Lower than its 5-year historical median
Dividend Yield
0.26%
Profitability Efficiency
Return on Equity (ROE)
9.80%
Underperforms industry median
Return on Capital Employed (ROCE)
14.01%
Underperforms industry median
Return on Assets (ROA)
6.27%
Operating Profit Margin
16.4%
Net Profit Margin
6.53%
Gross Profit Margin
17.1%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
12.99%
Operating Profit Growth (1 Year)
-
21.45%
Net Profit Growth (1 Year)
-
-6.22%
Asset Quality
Promoter Holding
58.01%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹153 Cr.
Equity
₹8.6 Cr.
Face Value
₹10
All Time Low / High
₹1.00 / 1721.00
Check Before You Invest
Quality
Not GoodValuation
FairCheck Valuation charts
Price Trend
Weak
Is Permanent Magnets Ltd a good quality company?
Permanent Magnets Ltd is a weak quality company, based on a inconsistent 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?
Revenue growth of Permanent Magnets Ltd vs industry peers?
Permanent Magnets Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
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.
Stock return of Permanent Magnets Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 45.7% based on the current price.
10 Year X-Ray :
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 endData 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.
Permanent Magnets Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 11.6% | 29.9% | 60.3% | 44.4% | 39.5% | 35.1% | 40.9% | 25.2% | 15.1% | 18.1% | - |
| Value Creation Index ⓘ | -0.2 | 1.1 | 3.3 | 2.2 | 1.8 | 1.5 | 1.9 | 0.8 | 0.1 | 0.3 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 71.9 | 92.8 | 121 | 107 | 117 | 130 | 183 | 201 | 200 | 225 | 236 |
| Sales YoY Gr. | - | 29% | 30.3% | -11.8% | 9.5% | 11% | 41.1% | 10.3% | -1% | 13% | - |
| Adj EPS ⓘ | 0.5 | 5.5 | 16.6 | 14.9 | 18.7 | 20.1 | 31.6 | 24.7 | 16.3 | 21.5 | 22.5 |
| YoY Gr. | - | 932.1% | 203.5% | -10.5% | 25.6% | 7.5% | 57.3% | -21.6% | -34% | 31.3% | - |
| BVPS (₹) ⓘ | 15.1 | 21.4 | 38.7 | 55.7 | 74.5 | 95.6 | 129 | 153.9 | 169.8 | 191.8 | 199.1 |
| Adj Net Profit ⓘ | 0.5 | 4.7 | 14.3 | 12.8 | 16.1 | 17.3 | 27.1 | 21.3 | 14.1 | 18.5 | 19 |
| Cash Flow from Ops. ⓘ | 9.4 | 1.3 | 9.9 | 11.5 | 6.4 | 3.7 | 11.5 | 19.4 | 36.3 | 31.4 | - |
| Debt/CF from Ops. ⓘ | 1.3 | 11.1 | 0.9 | 0.2 | 0.3 | 0.8 | 0.5 | 0.7 | 0.3 | 0.7 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 13.5% | 14.1% | 7.3% | 13% | ||||
| Adj EPS ⓘ | 50.9% | 2.8% | -12.1% | 31.3% | ||||
| BVPSⓘ | 32.6% | 20.8% | 14.1% | 13% | ||||
| Share Price | 45.7% | 17.6% | -16.9% | -18.1% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 3.7 | 30 | 55.3 | 31.5 | 28.7 | 23.6 | 28.1 | 17.5 | 10.1 | 11.9 | 11.5 |
| Op. Profit Mgn % ⓘ | 4.5 | 9.1 | 19 | 19.4 | 21.7 | 20.7 | 22.6 | 17.6 | 13.7 | 17.4 | 16.9 |
| Net Profit Mgn % ⓘ | 0.6 | 5.1 | 11.8 | 12 | 13.8 | 13.3 | 14.8 | 10.6 | 7 | 8.2 | 8.2 |
| Debt to Equity ⓘ | 0.9 | 0.8 | 0.3 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | - |
| Working Cap Days ⓘ | 209 | 177 | 164 | 192 | 181 | 212 | 212 | 210 | 203 | 195 | 114 |
| Cash Conv. Cycle ⓘ | 78 | 53 | 54 | 90 | 83 | 96 | 107 | 118 | 121 | 117 | 85 |
Valuation of Permanent Magnets - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.63 | 0.63 | 0.63 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|
| Sales | 201 | 205 | 226 |
| Operating Expenses ⓘ + | 167 | 175 | 189 |
| Operating Profit ⓘ | 34 | 30 | 37 |
| Operating Profit Margin (%) | 17.1% | 14.9% | 16.4% |
| Other Income ⓘ + | 5 | 5 | 6 |
| Interest ⓘ | 2 | 3 | 4 |
| Depreciation ⓘ | 8 | 11 | 15 |
| Profit Before Tax ⓘ | 28 | 21 | 22 |
| Tax ⓘ | 8 | 5 | 8 |
| Profit After Tax | 20 | 16 | 15 |
| PAT Margin (%) | 10.0% | 7.7% | 6.5% |
| Adjusted EPS (₹) | 23.5 | 18.3 | 17.5 |
| Dividend Payout Ratio (%) | 7.70% | 10.90% | 12.60% |
| PARTICULARS | Mar'24 | Mar'25 | Mar'26 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 130 | 144 | 157 | ||||||||
| Debt + | 12 | 9 | 68 | ||||||||
| Minority Interest | 0 | 0 | 0 | ||||||||
| Trade Payables | 28 | 22 | 29 | ||||||||
| Others Liabilities ⓘ | 19 | 16 | 26 | ||||||||
| Total Liabilities ⓘ | 189 | 191 | 280 | ||||||||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 40 | 62 | 78 | ||||||||
| CWIP ⓘ | 0 | 0 | 8 | ||||||||
| Investments ⓘ | 0 | 0 | 0 | ||||||||
| Inventories | 55 | 54 | 56 | ||||||||
| Trade Receivables | 40 | 39 | 55 | ||||||||
| Cash Equivalents | 40 | 19 | 51 | ||||||||
| Others Assets ⓘ | 14 | 17 | 31 | ||||||||
| Total Assets ⓘ | 189 | 191 | 280 | ||||||||
| PARTICULARS | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 23 | 39 | 18 |
| Cash Flow From Investing Activity ⓘ + | -22 | -29 | -43 |
| Cash Flow From Financing Activity ⓘ + | 3 | -9 | 48 |
| Net Cash Flow ⓘ | 3 | 1 | 23 |
| PARTICULARS | Mar'24 | Mar'25 | Mar'26 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 15.56 | 11.5 | 9.8 | |||||||
| ROCE (%) | 21.41 | 15.83 | 14.01 | |||||||
| Asset Turnover Ratio | 1.07 | 1.08 | 0.96 | |||||||
| PAT to CFO Conversion(x) | 1.15 | 2.44 | 1.2 | |||||||
| Working Capital Days | ||||||||||
| Receivable Days | 71.90 | 70.30 | 75.80 | |||||||
| Inventory Days | 99.40 | 97.10 | 89 | |||||||
| Payable Days | 92.10 | 82.60 | 78.90 | |||||||
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Permanent Magnets Ltd FAQs
The current trading price of Permanent Magnets on 18-Sep-2026 16:59 is ₹844.5.
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 17-Sep-2026 the market cap of Permanent Magnets stood at ₹726.1 Cr
The latest P/E ratio of Permanent Magnets as of 17-Sep-2026 is 37.51.
The latest P/B ratio of Permanent Magnets as of 17-Sep-2026 is 4.24.
The 52-week high of Permanent Magnets is ₹1,120 and the 52-week low is ₹618.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Permanent Magnets is ₹236 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Permanent Magnets Ltd is a below average quality company.
The key valuation ratios of Permanent Magnets Ltd's currently when compared to its past seem to suggest it is in the Fair 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.
You have 46 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
