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Permanent Magnets Overview

Permanent Magnets Ltd is engaged in production of alnico forged magnets and yoke assemblies, and parts and accessories of electricity meters. The Company operates in magnetics and its programs section. Its merchandise include magnetic cores and shields, shunts, magnetic lifters, magnetic separators, electro magnets, retrieving magnets, office and workshop, magnets, zamak, ophthalmic endo light vitreo retinal (VR), current transformers, annealing offerings, relays and maintaining lifters. Its magnetic assemblies department manufactures domestic ...Read More

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Permanent Magnets Key Financials

Market Cap ₹794 Cr.

Stock P/E 50.4

P/B 5.2

Current Price ₹924

Book Value ₹ 178.1

Face Value 10

52W High ₹1229.9

Dividend Yield 0.22%

52W Low ₹ 618.6

Permanent Magnets Share Price

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Volume
Price

Permanent Magnets Quarterly Price

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Permanent Magnets Peer Comparison

Permanent Magnets Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 54 51 54 54 56 49 45 54 49 57
Other Income 1 1 2 1 1 1 0 1 1 1
Total Income 54 52 55 56 57 50 46 55 51 58
Total Expenditure 42 44 47 46 45 43 40 43 43 47
Operating Profit 12 8 8 10 12 7 5 12 7 12
Interest 0 1 1 1 1 1 0 1 0 1
Depreciation 2 2 3 2 3 3 4 3 3 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -2
Profit Before Tax 10 5 4 7 9 3 2 9 4 5
Provision for Tax 3 1 2 2 2 1 0 3 1 2
Profit After Tax 7 4 3 5 7 2 2 6 2 2
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 7 4 3 5 7 2 2 6 2 2
Adjusted Earnings Per Share 8.2 4.5 2.9 5.9 8.3 2.4 1.8 7.2 2.8 2.6

Permanent Magnets Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 201 205 205
Other Income 5 5 3
Total Income 206 210 210
Total Expenditure 167 175 173
Operating Profit 39 35 36
Interest 2 3 2
Depreciation 8 11 14
Exceptional Income / Expenses 0 0 -2
Profit Before Tax 28 21 20
Provision for Tax 8 5 6
Profit After Tax 20 16 12
Adjustments -0 -0 0
Profit After Adjustments 20 16 12
Adjusted Earnings Per Share 23.5 18.3 14.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 0% 0% 0%
Operating Profit CAGR -10% 0% 0% 0%
PAT CAGR -20% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 17% -3% 26% 50%
ROE Average 12% 14% 14% 14%
ROCE Average 16% 19% 19% 19%

Permanent Magnets Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 130 144
Minority's Interest 0 0
Borrowings 10 8
Other Non-Current Liabilities 7 6
Total Current Liabilities 42 33
Total Liabilities 189 191
Fixed Assets 40 62
Other Non-Current Assets 5 5
Total Current Assets 144 125
Total Assets 189 191

Permanent Magnets Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 5
Cash Flow from Operating Activities 23 38
Cash Flow from Investing Activities -22 -28
Cash Flow from Financing Activities 3 -10
Net Cash Inflow / Outflow 3 1
Closing Cash & Cash Equivalent 5 5

Permanent Magnets Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 23.48 18.3
CEPS(Rs) 33.09 31.59
DPS(Rs) 1.8 2
Book NAV/Share(Rs) 150.99 167.49
Core EBITDA Margin(%) 17.07 14.87
EBIT Margin(%) 15.23 11.53
Pre Tax Margin(%) 14.03 10.13
PAT Margin (%) 10.03 7.68
Cash Profit Margin (%) 14.13 13.25
ROA(%) 10.68 8.28
ROE(%) 15.56 11.5
ROCE(%) 21.41 15.84
Receivable days 71.9 70.26
Inventory Days 99.44 97.05
Payable days 92.07 82.6
PER(x) 51.92 38.3
Price/Book(x) 8.07 4.19
Dividend Yield(%) 0.15 0.29
EV/Net Sales(x) 5.07 2.9
EV/Core EBITDA(x) 26.23 16.96
Net Sales Growth(%) 0 1.77
EBIT Growth(%) 0 -22.91
PAT Growth(%) 0 -22.03
EPS Growth(%) 0 -22.04
Debt/Equity(x) 0.1 0.08
Current Ratio(x) 3.39 3.81
Quick Ratio(x) 2.1 2.16
Interest Cover(x) 12.68 8.24
Total Debt/Mcap(x) 0.01 0.02

Permanent Magnets Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 58.01 58.01 58.01 58.01 58.01 58.01 58.01 58.01 58.01 58.01
FII 0.42 0 0.4 0.4 0.4 0 0.03 0.03 0 0
DII 0.1 0.01 0.12 0.12 0.12 0.01 0.11 0.02 0.01 0.01
Public 41.47 41.98 41.47 41.47 41.47 41.98 41.85 41.93 41.98 41.98
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Permanent Magnets News

Permanent Magnets Pros & Cons

Pros

  • Debtor days have improved from 92.07 to 82.6days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 14% over the last 3 years.
  • Stock is trading at 5.2 times its book value.
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