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Permanent Magnets Ltd

PERMAGN Share Price

965.000.35% (+3.35)
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With a market cap of ₹825 cr, stock is ranked 1,572

Stock is 3.50x as volatile as Nifty

PERMAGN Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹825 cr, stock is ranked 1,572

Stock is 3.50x as volatile as Nifty

PERMAGN Performance & Key Metrics

PERMAGN Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
52.366.370.21%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
28.003.521.57%

PERMAGN Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

PERMAGN Company Profile

The company is engaged in manufacturing of alnico cast magnets and yoke assemblies, and parts and accessories of electricity meters. Its products are used in electric vehicles, printed circuit board, electricity meters etc.

PERMAGN Similar Stocks (Peers)

Compare with peers Compare with peers 

PERMAGN Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
12.14
12.14
1Y Return
0.19%
0.19%
Buy Reco %
64.29
64.29
PE Ratio
12.01
12.01
1Y Return
6.97%
6.97%
Buy Reco %
100.00
100.00
PE Ratio
73.55
73.55
1Y Return
5.50%
5.50%
Buy Reco %
100.00
100.00
PE Ratio
13.72
13.72
1Y Return
1.55%
1.55%
Buy Reco %
0.00
0.00
PE Ratio
304.74
304.74
1Y Return
28.24%
28.24%
Buy Reco %
0.00
0.00
Compare with Peers

PERMAGN Sentiment Analysis

PERMAGN Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

PERMAGN Stock Summary · May 2025

The fiscal year was marked by a modest revenue increase of 2%, yet a significant 16% decline in Q4 revenue highlighted challenges, particularly in the electric vehicle segment due to fierce competition and reduced demand. While the company faces operational hurdles, including geopolitical uncertainties affecting supply chains, there is optimism surrounding the Indian EV market and strategic initiatives to diversify product offerings, such as the introduction of latching relays. The expansion into smart meters and alloy production aims to enhance margins, although the shift towards standardized products may pressure profitability. Overall, the company is poised for growth, leveraging its customized solutions and strengthening domestic supply chains to navigate current market dynamics.

PERMAGN Stock Growth Drivers
PERMAGN Stock Growth Drivers
7
  • Expansion in Electric Vehicle (EV) Market

    The company is actively working to diversify its customer base and strengthen ties with the

  • Smart Meters Business Development

    The company is optimistic about its smart meters business, anticipating meaningful traction in 2026 following

PERMAGN Stock Challenges
PERMAGN Stock Challenges
7
  • Declining Revenue and Profitability

    The company reported a modest 2% increase in consolidated revenue for FY '25, reaching INR

  • Weak Demand in Key Segments

    The electric vehicle (EV) segment has experienced weak demand throughout FY '25, largely due to

PERMAGN Forecast

PERMAGN Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

PERMAGN

PERMAGN

Income

Balance Sheet

Cash Flow

PERMAGN Income Statement

PERMAGN Income Statement

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Financial YearFY 2024FY 2025TTM
Total Revenue205.93209.21209.21
Raw Materialssubtract114.11174.61174.60
Power & Fuel Costsubtract3.79
Employee Costsubtract11.85
Selling & Administrative Expensessubtract13.50
Operating & Other expensessubtract23.82
Depreciation/Amortizationsubtract9.0911.4311.43
Interest & Other Itemssubtract2.332.402.40
Taxes & Other Itemssubtract8.285.025.02
EPS22.2818.3018.33
DPS1.802.001.80
Payout ratio0.080.110.10

PERMAGN Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
FY 2015FY 2015

Annual report

PDF
 

PERMAGN Stock Peers

PERMAGN Past Performance & Peer Comparison

PERMAGN Past Performance & Peer Comparison

Comparing 3 stocks from 
MaterialsMetals - Diversified

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Permanent Magnets Ltd52.406.370.21%
Vedanta Ltd12.143.389.35%
NLC India Ltd12.011.631.32%
Mishra Dhatu Nigam Ltd73.556.18

PERMAGN Stock Price Comparison

Compare PERMAGN with any stock or ETF
Compare PERMAGN with any stock or ETF
PERMAGN
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PERMAGN Holdings

PERMAGN Shareholdings

PERMAGN Promoter Holdings Trend

PERMAGN Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

PERMAGN Institutional Holdings Trend

PERMAGN Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

PERMAGN Shareholding Pattern

PERMAGN Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding58.01%0.00%0.01%0.00%41.98%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

PERMAGN Shareholding History

PERMAGN Shareholding History

Dec '23MarJunSepDec '24Mar0.42%0.00%0.40%0.40%0.40%0.00%

PERMAGN Insider Trades & Bulk Stock Deals

PERMAGN Insider Trades & Bulk Stock Deals

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smallcases containing PERMAGN stock

smallcases containing PERMAGN stock

Looks like this stock is not in any smallcase yet.

PERMAGN Events

PERMAGN Events

PERMAGN Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

PERMAGN Dividend Trend

No dividend trend available

PERMAGN Upcoming Dividends

PERMAGN Upcoming Dividends

No upcoming dividends are available

PERMAGN Past Dividends

PERMAGN Past Dividends

Cash Dividend

Ex DateEx DateAug 1, 2024

Final
Final | Div/Share: ₹1.80

Dividend/Share

1.80

Ex DateEx Date

Aug 1, 2024

Cash Dividend

Ex DateEx DateAug 23, 2023

Final
Final | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Aug 23, 2023

Cash Dividend

Ex DateEx DateAug 26, 2022

Final
Final | Div/Share: ₹1.20

Dividend/Share

1.20

Ex DateEx Date

Aug 26, 2022

Cash Dividend

Ex DateEx DateAug 9, 2021

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Aug 9, 2021

PERMAGN Stock News & Opinions

PERMAGN Stock News & Opinions

Spotlight
Permanent Magnets Ltd Surges 12.25%

Permanent Magnets Ltd gained 12.25% today to trade at Rs 898. The BSE Industrials index is up 0.38% to quote at 15136.93. The index is up 16.28 % over last one month. Among the other constituents of the index, Rama Steel Tubes Ltd increased 9.08% and Cochin Shipyard Ltd added 8.19% on the day. The BSE Industrials index went up 4.54 % over last one year compared to the 8.47% surge in benchmark SENSEX. Permanent Magnets Ltd has added 16.07% over last one month compared to 16.28% gain in BSE Industrials index and 0.85% rise in the SENSEX. On the BSE, 14391 shares were traded in the counter so far compared with average daily volumes of 10089 shares in the past one month. The stock hit a record high of Rs 1199 on 08 Jul 2024. The stock hit a 52-week low of Rs 600 on 17 Mar 2025.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Earnings
Permanent Magnets consolidated net profit declines 37.05% in the March 2025 quarter

Net profit of Permanent Magnets declined 37.05% to Rs 1.58 crore in the quarter ended March 2025 as against Rs 2.51 crore during the previous quarter ended March 2024. Sales declined 15.52% to Rs 45.28 crore in the quarter ended March 2025 as against Rs 53.60 crore during the previous quarter ended March 2024. For the full year,net profit declined 22.03% to Rs 15.75 crore in the year ended March 2025 as against Rs 20.20 crore during the previous year ended March 2024. Sales rose 1.77% to Rs 205.05 crore in the year ended March 2025 as against Rs 201.48 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales45.2853.60 -16 205.05201.48 2 OPM %11.1312.24 -14.8517.05 - PBDT5.217.26 -28 32.2036.52 -12 PBT1.684.18 -60 20.7728.26 -27 NP1.582.51 -37 15.7520.20 -22 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Board of Permanent Magnets recommends final dividend

Permanent Magnets announced that the Board of Directors of the Company at its meeting held on 23 May 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Permanent Magnets to conduct board meeting

Permanent Magnets will hold a meeting of the Board of Directors of the Company on 23 May 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Permanent Magnets slumps after dismal Q3 performance

Revenue from operations decreased by 2% YoY to Rs 49.35 crore during the period under review. Total operating expenses declined by 2% to Rs 43.06 crore in Q3 FY25 over Q3 FY24. EBITDA fell by 7% to Rs 6.29 crore in Q3 FY25 from Rs 6.80 crore in Q3 FY24. EBITDA margin in Q3 FY25 remained flat at 13%. Finance cost and depreciation charges for the December'24 quarter were Rs 1.03 crore (up 27% YoY) and Rs 3.17 crore (up 63% YoY), respectively. Profit before tax in Q3 FY25 stood at Rs 3.15 crore, down by 38% from Rs 5.11 crore in Q3 FY24. Sharad Taparia, managing director, said: 'Demand from the EV segment remains subdued. It is still premature to definitively state whether this segment has conclusively turned around. Our customers faced reduced demand in the domestic smart meters business resulting in lower business for PML. This contributed to a lower top line in Q3. A notable recent development, although after Q3 closing, was the licensing agreement with REL Developments Limited, United Kingdom to acquire the know-how and technical information for manufacturing and selling 'Latching Relays' within and outside India. This is a strategic development in our meters business segment.' Permanent Magnets manufactures alnico magnets, magnetic assemblies, hi-permeability magnetic components, and parts and accessories of electricity meters. Its manufacturing facility located at Mira road, Mumbai. Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Permanent Magnets standalone net profit declines 32.68% in the December 2024 quarter

Net profit of Permanent Magnets declined 32.68% to Rs 3.07 crore in the quarter ended December 2024 as against Rs 4.56 crore during the previous quarter ended December 2023. Sales declined 2.36% to Rs 49.34 crore in the quarter ended December 2024 as against Rs 50.53 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales49.3450.53 -2 OPM %13.6014.01 - PBDT6.917.52 -8 PBT4.235.83 -27 NP3.074.56 -33 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Permanent Magnets schedules board meeting

Permanent Magnets will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Permanent Magnets announces board meeting date

Permanent Magnets will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Permanent Magnets standalone net profit declines 49.18% in the September 2024 quarter

Net profit of Permanent Magnets declined 49.18% to Rs 3.73 crore in the quarter ended September 2024 as against Rs 7.34 crore during the previous quarter ended September 2023. Sales declined 5.79% to Rs 50.60 crore in the quarter ended September 2024 as against Rs 53.71 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales50.6053.71 -6 OPM %13.0221.45 - PBDT7.5811.95 -37 PBT5.569.93 -44 NP3.737.34 -49 Powered by Capital Market - Live

7 months agoCapital Market - Live
Corporate
Permanent Magnets declare Quarterly Result

Permanent Magnets will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

8 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Permanent Magnets Ltd (PERMAGN) today?

    The share price of PERMAGN as on 1st July 2025 is ₹965. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Permanent Magnets Ltd (PERMAGN) share?

    The past returns of Permanent Magnets Ltd (PERMAGN) share are
    • Past 1 week: 1.23%
    • Past 1 month: 31.96%
    • Past 3 months: 34.98%
    • Past 6 months: -2.07%
    • Past 1 year: -11.47%
    • Past 3 years: 189.17%
    • Past 5 years: 900.78%

  3. What are the peers or stocks similar to Permanent Magnets Ltd (PERMAGN)?

    The peers or stocks similar to Permanent Magnets Ltd (PERMAGN) include:

  4. What is the dividend yield % of Permanent Magnets Ltd (PERMAGN) share?

    The current dividend yield of Permanent Magnets Ltd (PERMAGN) is 0.21.

  5. What is the market cap of Permanent Magnets Ltd (PERMAGN) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Permanent Magnets Ltd (PERMAGN) is ₹825.24 Cr as of 1st July 2025.

  6. What is the 52 week high and low of Permanent Magnets Ltd (PERMAGN) share?

    The 52-week high of Permanent Magnets Ltd (PERMAGN) is ₹1199 and the 52-week low is ₹600.

  7. What is the PE and PB ratio of Permanent Magnets Ltd (PERMAGN) stock?

    The P/E (price-to-earnings) ratio of Permanent Magnets Ltd (PERMAGN) is 52.40. The P/B (price-to-book) ratio is 6.37.

  8. Which sector does Permanent Magnets Ltd (PERMAGN) belong to?

    Permanent Magnets Ltd (PERMAGN) belongs to the Materials sector & Metals - Diversified sub-sector.

  9. How to buy Permanent Magnets Ltd (PERMAGN) shares?

    You can directly buy Permanent Magnets Ltd (PERMAGN) shares on Tickertape. Simply sign up, connect your demat account and place your order.