Permanent Magnet

Why is Permanent Magnets Ltd falling/rising?

As of 25-Aug, the stock price of Permanent Magnets Ltd is at 855.85, down 1.94% and underperforming its sector. The decline is accompanied by decreased investor participation and a potential weakening trend indicated by moving averages.

As of 25-Aug, the stock price of Permanent Magnets Ltd is falling, currently at 855.85, which reflects a decrease of 16.95 or 1.94%. This decline is evident in today's performance, where the stock has underperformed its sector by 1.82%. Additionally, the stock reached an intraday low of Rs 849.6, marking a drop of 2.66%. <BR><BR>Investor participation appears to be decreasing, as indicated by a delivery volume of 6.93 k on 24 August, which has fallen by 25.62% compared to the 5-day average delivery volume. Although the stock is trading higher than its 5-day, 20-day, and 200-day moving averages, it is lower than its 50-day and 100-day moving averages, suggesting a potential weakening trend. <BR><BR>Overall, these factors contribute to the stock's current downward movement, reflecting a combination of underperformance relative to the sector and declining investor interest.

Which are the latest news on Permanent Magnet?

Should I buy, sell or hold Permanent Magnets Ltd?

Who are in the management team of Permanent Magnet?

The management team of Permanent Magnet includes Rajeev Mundra (Chairman), Sharad Kumar Taparia (Managing Director), Kamal Shankarlal Binani, Mukul J Taparia, Sunaina Taparia (all Non-Executive Directors), and Girish Desai (Non-Executive & Independent Director).

The management team of Permanent Magnet includes the following members:<BR><BR>1. **Rajeev Mundra** - Chairman & Independent Director<BR>2. **Sharad Kumar Taparia** - Managing Director<BR>3. **Kamal Shankarlal Binani** - Independent Non-Executive Director<BR>4. **Mukul J Taparia** - Non-Executive Director<BR>5. **Sunaina Taparia** - Non-Executive Director<BR>6. **Girish Desai** - Non-Executive & Independent Director<BR><BR>If you have any more questions about the company or its management, feel free to ask!

What does Permanent Magnet do?

Permanent Magnets Ltd is a Micro Cap manufacturer of cast alloy permanent magnets for electrical applications, reporting net sales of 63 Cr and a net profit of 4 Cr for June 2026. The company, part of the Taparia group, has a market cap of INR 707 Cr and key metrics include a P/E of 54.00 and a dividend yield of 0.27%.

Overview: <BR>Permanent Magnets Ltd is a leading manufacturer of cast alloy permanent magnets and parts for electricity and electric vehicles, operating within the Other Electrical Equipment industry and classified as a Micro Cap company.<BR><BR>History: <BR>Incorporated in 1960, Permanent Magnets Ltd has established itself as a flagship company of the Taparia group in Mumbai. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 63 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 4 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 707 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 54.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.27% <BR>Debt-Equity: 0.21 <BR>Return on Equity: 9.85% <BR>Price to Book: 4.51 <BR><BR>Contact Details: <BR>Address: Harsh Avenue 302 3rd Floor, Silvassa Vapi Main Road Silvassa Dadra & Nagar Haveli (U T) : 396230 <BR>Tel: 022-28594060/6060 <BR>Email: bdshah@pmlindia.com <BR>Website: http://www.pmlindia.com

Who are the peers of the Permanent Magnet?

Permanent Magnet's peers include Prostarm Info, Mangal Electrica, Spel Semiconduct, GEE, Viviana Power, Australian Prem, Prizor Viztech, and Saakshi Medtech. Management risk varies from excellent at Mangal Electrica and Australian Prem to below average at Spel Semiconduct, while growth and capital structure also show a range from excellent to below average across these companies.

Peers: The peers of Permanent Magnet are Prostarm Info, Mangal Electrica, Spel Semiconduct, GEE, Viviana Power, Australian Prem, Prizor Viztech, and Saakshi Medtech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mangal Electrica and Australian Prem, while Average management risk is found at Permanent Magnet, Prostarm Info, Viviana Power, Prizor Viztech, and the rest. Below Average management risk is present at Spel Semiconduct, GEE, and Saakshi Medtech. Growth is Excellent at Australian Prem and Viviana Power, while Average growth is seen at Permanent Magnet, Prostarm Info, Prizor Viztech, and the rest. Below Average growth is noted at Mangal Electrica, Spel Semiconduct, GEE, and Saakshi Medtech. Capital Structure is Excellent at Mangal Electrica and Australian Prem, Good at Permanent Magnet, Prostarm Info, Viviana Power, Prizor Viztech, and Saakshi Medtech, and Below Average at Spel Semiconduct and GEE.<BR><BR>Return Snapshot: GEE has the highest 1-year return at 95.57%, while Prostarm Info has the lowest at -35.87%. Permanent Magnet's 1-year return of -12.73% is better than Prostarm Info's but worse than GEE's. Additionally, Spel Semiconduct, GEE, and Saakshi Medtech have negative six-month returns.

How big is Permanent Magnet?

As of 14th August, Permanent Magnets Ltd has a market capitalization of 722.00 Cr, with recent net sales of 235.92 Cr and a net profit of 12.41 Cr over the last four quarters.

As of 14th August, <BR><BR>Market Cap: Permanent Magnets Ltd has a market capitalization of 722.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 235.92 Cr, while the sum of Net Profit for the same period is 12.41 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2026. Shareholder's Funds stand at 157.39 Cr, and Total Assets are valued at 278.34 Cr.

Are Permanent Magnets Ltd latest results good or bad?

Permanent Magnets Ltd's latest results show mixed performance; while revenue grew by 18.08% to ₹63.23 crores, net profit fell by 38.41% to ₹3.80 crores, and key profitability margins declined, indicating challenges that overshadow revenue gains.

The latest results for Permanent Magnets Ltd indicate a mixed performance, with some concerning trends. On one hand, the company achieved a revenue growth of 18.08% year-on-year, reaching ₹63.23 crores in Q1 FY27, which is a positive sign of demand for its products. However, this growth has not translated into profitability, as net profit fell sharply by 38.41% to ₹3.80 crores compared to the same quarter last year.<BR><BR>Additionally, key profitability metrics have deteriorated. The operating margin declined from 19.96% to 17.35%, and the profit after tax (PAT) margin nearly halved from 11.52% to 6.01%. This indicates significant margin compression, driven by rising costs and increased interest expenses due to a substantial increase in long-term debt.<BR><BR>Overall, while the revenue growth is commendable, the sharp decline in net profit and margins raises concerns about the company's operational efficiency and profitability. The results suggest that Permanent Magnets Ltd is currently facing challenges that may overshadow its revenue gains, making the latest performance lean more towards the negative side.

Is Permanent Magnet technically bullish or bearish?

As of November 28, 2025, the technical trend for Permanent Magnet is neutral with mixed signals, showing a shift from mildly bearish to sideways, as weekly indicators are bearish while monthly indicators are bullish, reflecting overall uncertainty.

As of 28 November 2025, the technical trend for Permanent Magnet has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is bearish, while the monthly MACD is bullish, indicating conflicting momentum. The Bollinger Bands show a mildly bearish trend on the weekly chart and bearish on the monthly, suggesting potential downside pressure. Moving averages on the daily chart are mildly bullish, providing some support. The KST is bearish on the weekly and mildly bullish on the monthly, further contributing to the mixed outlook. Overall, the indicators reflect uncertainty, with no strong bullish or bearish signals prevailing at this time.

How has been the historical performance of Permanent Magnet?

Permanent Magnet's historical performance from March 2024 to March 2025 showed increased net sales and operating income, but a decline in profitability metrics, with profit after tax falling to 15.75 Cr and a decrease in profit margins. Shareholder's funds grew, while cash flow from operating activities improved, indicating mixed financial health.

Answer:<BR>The historical performance of Permanent Magnet shows a mixed trend in its financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Permanent Magnet reported net sales of 205.05 Cr, a slight increase from 201.48 Cr in the previous year. Total operating income also rose to 205.05 Cr from 201.48 Cr, while total expenditure increased to 174.61 Cr from 167.13 Cr. The operating profit (PBDIT) decreased to 34.60 Cr from 38.80 Cr, reflecting a decline in the operating profit margin from 17.05% to 14.85%. Profit before tax fell to 20.77 Cr from 28.26 Cr, leading to a profit after tax of 15.75 Cr, down from 20.20 Cr, resulting in a PAT margin decrease from 10.03% to 7.68%. On the balance sheet, shareholder's funds grew to 144.04 Cr from 129.85 Cr, and total liabilities slightly increased to 191.34 Cr from 189.10 Cr. The cash flow from operating activities improved to 38.00 Cr from 22.00 Cr, while the net cash inflow/outflow was neutral at 0.00 Cr compared to an inflow of 3.00 Cr the previous year. Overall, while sales and operating income showed growth, profitability metrics and cash flow from financing activities reflected challenges.

Is Permanent Magnet overvalued or undervalued?

As of November 13, 2025, Permanent Magnet is considered very expensive with a PE ratio of 59.38 and a year-to-date return of -13.06%, indicating it is overvalued compared to its peers and the broader market.

As of 13 November 2025, the valuation grade for Permanent Magnet has moved from expensive to very expensive, indicating a significant shift in its market perception. The company appears to be overvalued based on its current financial metrics, with a PE ratio of 59.38, a Price to Book Value of 4.79, and an EV to EBITDA of 26.30. These ratios suggest that the stock is trading at a premium compared to its underlying earnings and book value.<BR><BR>In comparison to its peers, Permanent Magnet's valuation stands out as particularly high. For instance, Rail Vikas has a PE ratio of 57.69, while Tube Investments is at 93.82, reflecting a broader trend of elevated valuations in the sector. However, the PEG ratio for Permanent Magnet is notably at 0.00, which raises questions about its growth prospects relative to its price. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -13.06% compared to the Sensex's 8.11%, further reinforcing the notion that Permanent Magnet is overvalued in the current market environment.

When is the next results date for Permanent Magnet?

The next results date for Permanent Magnet is 12 November 2025.

The next results date for Permanent Magnet is scheduled for 12 November 2025.

Who are the top shareholders of the Permanent Magnet?

The top shareholders of Permanent Magnet include Mukul Taparia with 15.86%, Ramesh Taparia at 2.69%, and individual investors collectively holding 34.22%. There are no mutual funds or foreign institutional investors currently involved.

The top shareholders of Permanent Magnet include the promoters, who hold the majority of the shares. The promoter with the highest holding is Mukul Taparia, owning 15.86% of the company. The highest public shareholder is Ramesh Taparia, with a holding of 2.69%. Additionally, individual investors collectively hold 34.22% of the shares. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

Has Permanent Magnet declared dividend?

Yes, Permanent Magnets Ltd has declared an 18% dividend, amounting to 1.8 per share, with an ex-date of August 1, 2024. While recent total returns have fluctuated, the company has shown significant long-term growth, especially over the past 3 to 5 years.

Permanent Magnets Ltd has declared an 18% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 18%<BR>- Amount per share: 1.8<BR>- Ex-date: 01 Aug 24<BR><BR>Dividend Yield: 0.23%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 1.52%, with no dividend return, resulting in a total return of 1.52%.<BR><BR>Over the past year, the price return was -13.98%, with a dividend return of 0.17%, leading to a total return of -13.81%.<BR><BR>In the 2-year period, the price return was -10.86%, the dividend return was 0.28%, and the total return was -10.58%.<BR><BR>For the 3-year period, the price return was an impressive 189.84%, with a dividend return of 1.42%, culminating in a total return of 191.26%.<BR><BR>In the last 4 years, the price return stood at 205.77%, the dividend return was 1.64%, resulting in a total return of 207.41%.<BR><BR>Finally, over the past 5 years, the price return was a remarkable 795.62%, with a dividend return of 5.28%, leading to a total return of 800.9%.<BR><BR>Overall, Permanent Magnets Ltd has declared a substantial dividend, and while recent total returns have varied, the long-term performance shows significant growth, particularly in the last 3 to 5 years.