Permanent Magnet

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.

how big is Permanent Magnet?

As of Jun 06, Permanent Magnets Ltd has a market capitalization of 769.52 Cr, classifying it as a Micro Cap company, with recent net sales of 205.05 Cr and net profit of 15.76 Cr over the last four quarters.

Market Cap: As of Jun 06, Permanent Magnets Ltd has a market capitalization of 769.52 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of Net Sales is 205.05 Cr and the sum of Net Profit is 15.76 Cr. This data is consolidated.<BR><BR>Balance Sheet Snapshot: This is consolidated data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 129.65 Cr, and Total Assets amount to 188.89 Cr.

What does Permanent Magnet do?

Permanent Magnets Ltd is a micro-cap manufacturer of cast alloy permanent magnets for electric vehicles, with a market cap of Rs 764 Cr, net sales of 45 Cr, and a net profit of 2 Cr as of March 2025. The company has a P/E ratio of 45.00 and a return on equity of 10.82%.

Overview: <BR>Permanent Magnets Ltd is a leading manufacturer of cast alloy permanent magnets and parts for electricity and electric vehicles, operating in the Other Electrical Equipment industry within the micro-cap market.<BR><BR>History: <BR>Incorporated in 1960, Permanent Magnets Ltd is a flagship company of the Taparia Group based in Mumbai. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 45 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market cap: Rs 764 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 45.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.23% <BR>Debt Equity: -0.12 <BR>Return on Equity: 10.82% <BR>Price to Book: 4.90 <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

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.

Who are the peers of the Permanent Magnet?

Permanent Magnet's peers include Waaree Energies, Premier Energies, and others, with varying management and growth risks. Websol Energy leads in 1-year returns at 136.10%, while Permanent Magnet has the lowest at -36.23%.

Peers: The peers of Permanent Magnet are Waaree Energies, Premier Energies, Apar Inds., Genus Power, Websol Energy, Spel Semiconduct, Modison, Sahaj Solar, and Viviana Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Premier Energies, while Good management risk is found at Waaree Energies and Apar Inds., and the rest have Average or Below Average management risk. Excellent growth is noted at Premier Energies, Apar Inds., Sahaj Solar, and Viviana Power, while Average growth is found at Genus Power and Websol Energy, and the rest have Below Average growth. Excellent capital structure is seen at Waaree Energies, Premier Energies, Permanent Magnet, Modison, and the rest have Good or Below Average capital structure.<BR><BR>Return Snapshot: Websol Energy has the highest 1-year return at 136.10%, while Permanent Magnet has the lowest at -36.23%. Permanent Magnet's 1-year return is significantly lower than its peers. Additionally, Genus Power and Spel Semiconduct have negative six-month returns.

Who are in the management team of Permanent Magnet?

As of March 2023, 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 (Independent Director). They oversee the company's strategic direction and operations.

As of March 2023, the management team of Permanent Magnet includes the following individuals:<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>This team is responsible for guiding the company's strategic direction and overseeing its operations.

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.

Are Permanent Magnet latest results good or bad?

The latest results for Permanent Magnet are concerning, with a 66.62% decline in net profit and a 12.42% drop in revenue year-on-year, marking three consecutive quarters of revenue contraction. Additionally, the operating margin fell significantly, and the company's high price-to-earnings ratio raises valuation concerns amid deteriorating fundamentals.

The latest results for Permanent Magnet are concerning and can be classified as bad. In Q2 FY26, the company reported a net profit of ₹2.37 crore, which represents a significant decline of 66.62% year-on-year. Revenue also fell by 12.42% year-on-year to ₹49.13 crore, marking the third consecutive quarter of revenue contraction.<BR><BR>Additionally, the operating margin decreased sharply to 12.21%, down from 19.06% in the same quarter last year, indicating severe margin compression. The decline in profitability and revenue suggests operational challenges and a lack of demand momentum.<BR><BR>Moreover, the company's high price-to-earnings ratio of 61 times trailing twelve-month earnings is significantly above the industry average of 32 times, raising concerns about its valuation in light of deteriorating fundamentals. Overall, these results highlight a troubling trend for Permanent Magnet, prompting a reassessment of its operational consistency and market position.

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.

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 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.

Should I buy, sell or hold Permanent Magnets Ltd?

Which are the latest news on Permanent Magnet?

Why is Permanent Magnets Ltd falling/rising?

As of 08-Feb, the stock price of Permanent Magnets Ltd is rising, currently at 865.10, with a change of 56.05 (6.93%) upward. Despite today's gains and a trend reversal, long-term growth remains weak, and declining investor participation raises concerns about future performance.

As of 08-Feb, the stock price of Permanent Magnets Ltd is rising, currently at 865.10, with a change of 56.05 (6.93%) upward. This increase can be attributed to several factors. Notably, the stock has outperformed its sector by 7.69% today and has shown a trend reversal by gaining after two consecutive days of decline. Additionally, the stock reached an intraday high of Rs 870, reflecting a significant increase of 7.53%.<BR><BR>However, despite the positive movement today, the stock has experienced poor long-term growth, with an annual operating profit growth rate of only 3.09% over the last five years. The company reported negative results in September 2025, with a substantial decline in profit before tax (PBT) and profit after tax (PAT) of -69.63% and -66.6%, respectively. Furthermore, the return on capital employed (ROCE) is low at 9.3, indicating a very expensive valuation relative to its capital employed.<BR><BR>Investor participation has also been falling, with a significant drop in delivery volume by 43.6% against the five-day average. This decline in participation, coupled with the company's low debt-to-equity ratio and the lack of domestic mutual fund investment, suggests that investors may be cautious about the stock's future performance.<BR><BR>In summary, while the stock is currently rising due to a strong performance today and a recent trend reversal, the underlying issues related to long-term growth and investor confidence may pose challenges moving forward.