What does Permanent Magnet do?

Jun 06 2025 04:38 PM IST
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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:
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.

History:
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.

Financial Snapshot:
Net Sales: 45 Cr (Quarterly Results - Mar 2025)
Net Profit: 2 Cr (Quarterly Results - Mar 2025)
Market cap: Rs 764 Cr (Micro Cap)

Key Metrics:
P/E: 45.00
Industry P/E: 34
Dividend Yield: 0.23%
Debt Equity: -0.12
Return on Equity: 10.82%
Price to Book: 4.90

Contact Details:
Address: Harsh Avenue 302 3rd Floor, Silvassa Vapi Main Road Silvassa Dadra & Nagar Haveli (U T) : 396230
Tel: 022-28594060/6060
Email: bdshah@pmlindia.com
Website: http://www.pmlindia.com
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