Permanent Magnet

Which are the latest news on Permanent Magnet?

Why is Permanent Magnets Ltd falling/rising?

As of 05-Sep, Permanent Magnets Ltd's stock price is rising to 885.20, reflecting a 0.43% increase. This upward trend is supported by strong performance against its sector, a bullish moving average position, and increased investor participation.

As of 05-Sep, Permanent Magnets Ltd's stock price is rising, currently at 885.20, with a change of 3.75 (0.43%) increase. This upward movement can be attributed to several factors. The stock has outperformed its sector by 0.39% today and has been on a consecutive gain streak for the last two days, accumulating a total return of 1.36% during this period. Additionally, the stock reached an intraday high of Rs 904, reflecting a 2.56% increase at its peak.<BR><BR>Moreover, Permanent Magnets Ltd is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. There has also been a notable rise in investor participation, with a delivery volume of 3.51k on September 3, which is up by 7.46% compared to the 5-day average delivery volume. This suggests increased interest and confidence among investors in the stock.<BR><BR>Overall, these factors contribute to the positive momentum in the stock price of 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 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>If you need more information about any specific member or their roles, feel free to ask!

What does Permanent Magnet do?

Permanent Magnets Ltd is a micro-cap manufacturer of cast alloy permanent magnets for the electrical and electric vehicle sectors, with a market cap of INR 761 Cr and reported net sales of 63 Cr and net profit of 4 Cr for June 2026. The company has a P/E ratio of 59.00 and a dividend yield of 0.25%.

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 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 761 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 59.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.25% <BR>Debt Equity: 0.21 <BR>Return on Equity: 9.85% <BR>Price to Book: 4.88<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 Salzer Electron, Kirl. Electric, Prostarm Info, Solex Energy, Mangal Electrica, Spel Semiconduct, GEE, and Viviana Power, with varying management risks and growth rates. GEE leads in 1-year returns at 55.10%, while Mangal Electrica has the lowest at -45.58%, with Permanent Magnet at -26.67%.

Peers: The peers of Permanent Magnet are Salzer Electron., Kirl. Electric, Prostarm Info, Solex Energy, Mangal Electrica, Spel Semiconduct, GEE, and Viviana Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Solex Energy and Viviana Power, while Average management risk is found at Permanent Magnet and Prostarm Info, and Below Average management risk is present at Salzer Electron., Kirl. Electric, Mangal Electrica, Spel Semiconduct, and GEE. Growth is Excellent at Solex Energy and Viviana Power, Average at Permanent Magnet and Prostarm Info, and Below Average at Salzer Electron., Kirl. Electric, Mangal Electrica, Spel Semiconduct, and GEE. For Capital Structure, Excellent is noted at Mangal Electrica, Good at Prostarm Info and Permanent Magnet, and Below Average at Salzer Electron., Kirl. Electric, Spel Semiconduct, and GEE.<BR><BR>Return Snapshot: GEE has the highest 1-year return at 55.10%, while Mangal Electrica has the lowest at -45.58%, with Permanent Magnet's 1-year return at -26.67% being better than Mangal Electrica's but worse than GEE's. Additionally, Mangal Electrica and Solex Energy have negative six-month returns.

How big is Permanent Magnet?

As of 31st August, Permanent Magnets Ltd has a market capitalization of 761.00 Cr, with recent net sales of 235.92 Cr and a net profit of 12.41 Cr. Shareholder's funds are 157.39 Cr, and total assets are valued at 278.34 Cr.

As of 31st August, Permanent Magnets Ltd has a market capitalization of 761.00 Cr, classified as a Micro Cap.<BR><BR>In the latest four quarters, the company reported Net Sales of 235.92 Cr and a Net Profit of 12.41 Cr.<BR><BR>For the latest annual period, the Shareholder's Funds amounted to 157.39 Cr, while the Total Assets were valued at 278.34 Cr.

Should I buy, sell or hold Permanent Magnets Ltd?

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.