Sector: General Industrials
|Small Cap
Permanent Magnets Ltd.
₹865
₹863.00
₹880.00
Data is not available
Markets Today
Historical Performance
Indicator | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|
| Total Revenue | 66.54 | 57.02 | 48.74 | 53.16 | 45.28 |
| Operating Expense | 56.61 | 45.95 | 41.87 | 42.01 | 39.98 |
| Operating Profit | 9.93 | 11.07 | 6.87 | 11.15 | 5.30 |
| Depreciation | 4.87 | 2.87 | 2.74 | 2.16 | 2.86 |
| Interest | 1.06 | 1.06 | 0.43 | 0.57 | 0.21 |
| Tax | 1 | 2.45 | 1.35 | 2.51 | 0.13 |
| Net Profit | 5.16 | 4.06 | 3.89 | 7.28 | 2.63 |
₹865.00
↗ Bullish Moving Average
6
↘ Bearish Moving Average
10
Permanent Magnets Limited, with its corporate operations in Thane, functions as a manufacturer of electrical components, assemblies, and magnetic solutions in India . The company was incorporated in 1960 . Permanent Magnets produces magnetic sensing components, current sensing solutions, magnetic assemblies, alloys, ZAMAK die-castings, busbars, shunt assemblies, nano amorphous cores, rotor and stator assemblies, and alnico cast magnets . The company serves electric vehicles, renewable energy, aerospace, defence, medical, energy metering, food processing, pharmaceutical, cement and steel industries across domestic and international markets .
Permanent Magnets share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the electrical equipment sector. The company’s financial health depends on production volumes, raw material costs, export demand, order inflows from automotive and industrial customers, and the performance of its current sensing and magnetic assembly segments . Permanent Magnets stock price is influenced by various factors such as earnings, regulatory changes in the manufacturing sector, EV adoption trends, and raw material price movements for cobalt, iron and rare earth metals. In the longer run, strategies such as product portfolio expansion into new applications like electric vehicle components, capacity modernization, and strengthening of export distribution networks affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements.
Permanent Magnets live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Permanent Magnets live price helps in observing short term price volatility and shows how a stock moves relative to the broader electrical equipment index. Furthermore, monitoring Permanent Magnets stock price movements helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook.
Permanent Magnet Limited (PML India) is an Indian engineering company engaged in the manufacturing of permanent magnets and magnetic assemblies. The company was incorporated in 1960 and is headquartered in Mumbai, Maharashtra. It operates manufacturing facilities in India, including in Silvassa, and serves industrial customers across domestic and export markets. Its product portfolio is focused on engineered magnetic solutions used in industrial applications such as automotive systems, electrical equipment, instrumentation, and industrial machinery.
Over the years, the company has expanded its capabilities in precision manufacturing and export-oriented production. Its performance is generally assessed through operating revenue, export demand, and efficiency in manufacturing operations. Financial and valuation metrics are used by market participants to evaluate business performance relative to industry peers.
The company operates in engineered magnetic solutions for industrial applications.
These products are supplied to industrial customers across sectors such as automotive, electrical equipment, and general engineering industries, with a mix of domestic and export demand.
Permanent Magnet Limited generates revenue through the manufacture and sale of magnetic products and assemblies.
Revenue is influenced by export demand, raw material costs, product mix, and manufacturing efficiency. Profitability is impacted by input cost fluctuations and capacity utilization levels.
The company operates through a manufacturing-led model with export-oriented sales contributing to overall business performance.
The magnetic materials industry is influenced by demand from automotive, industrial manufacturing, and electrical equipment sectors. Growth is supported by electrification trends, industrial automation, and increasing use of precision engineered components.
At the same time, the sector is exposed to volatility in raw material prices such as cobalt, nickel, and rare earth-related inputs, which can impact margins. Global supply chain conditions and export demand also play a key role in business stability. These factors collectively influence investor perception of companies operating in this space and their long-term performance outlook.
Permanent Magnets Limited is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) . Permanent Magnets share price is available for trading on the NSE under the symbol PERMAGNET and on the BSE with the scrip code 504132 . The company’s market presence is primarily within the small-cap segment of the market and is a constituent of BSE SmallCap and BSE AllCap indices . Due to its size and sector focus, Permanent Magnets stock price is generally tracked by investors interested in the electrical equipment and magnetic components industry .
Permanent Magnets Limited is part of several broad-based and sector-specific stock market indices, reflecting its position as a small-cap industrial company in India. While it is not included in benchmark indices like the Sensex or Nifty 50, it is a constituent of wider market indices such as the BSE SmallCap and BSE AllCap . Permanent Magnets share price finds representation in these indices based on its market standing. This presence helps investors track the stock relative to other electrical equipment and industrial component manufacturers.
Permanent Magnets share price on NSE reflects its status as an electrical component and magnetic solutions manufacturer in India. Performance is driven by production capacity utilization, raw material cost management, export sales growth, and the company’s ability to manage operational expenses. Investors compare Permanent Magnets share price today with other electrical equipment manufacturers and industrial component providers to gauge relative performance .
These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements during the December 2025 quarter when the company reported a year-on-year net sales growth of approximately 15.54 percent . Broader sector strength has also played a role in supporting Permanent Magnets share price. In addition to operational and sector-led factors, corporate actions such as the company’s rights issue in 1991 can have a long-term impact on Permanent Magnets share price history, though it is a relatively older corporate action . This shows how corporate actions can shape the capital structure over time, even within a regulated industrial framework influenced by raw material price cycles and industrial demand trends.
While short-term movements reflect events and announcements, longer-term valuation trends are visible through Permanent Magnets share price 52-week high and low, providing context beyond daily or weekly changes. Based on available data, the stock’s 52-week high stood at approximately 1,229.90, while the 52-week low stood at approximately 618.60 . Highs suggest strong demand for the company’s magnetic components and favourable margins, while lows align with market corrections or sector volatility. These levels capture impacts of industrial policies, global trade trends, and earnings visibility, providing context for the stock’s historical performance.
Permanent Magnets’s stock performance reflects the trading behaviour of a small-cap industrial company operating within India’s electrical components ecosystem. The company’s diversified portfolio across current sensing, magnetic assemblies, and precision components has shaped its Permanent Magnets share price history. The company’s net sales have shown modest growth, from approximately 117 crore rupees in FY 2021 to approximately 205 crore rupees in FY 2025, representing a compound annual growth rate of approximately 15 percent over the period . However, the company’s profit after tax for FY 2025 stood at approximately 15.17 crore rupees on a standalone basis, a significant decline from approximately 22.74 crore rupees in FY 2024 . This recent profit moderation reflects the impact of margin pressures despite stable revenue performance. Over the past year, the stock has given a positive return of approximately 13.59 percent over the last 12 months as of February 2026 .
Permanent Magnets’s stock performance over time has closely followed India’s industrial demand and the adoption trends of key end-user industries such as electric vehicles and renewable energy. The Permanent Magnets share price showed positive momentum when the company reported an EBITDA of approximately 11.90 crore rupees in the December 2025 quarter, up approximately 62.13 percent year-on-year, driven by operational efficiencies and improved product mix . However, periods of high raw material costs, competitive pressures, and a challenging export environment have contributed to volatility in Permanent Magnets stock price. The company’s consolidated revenue for the December 2025 quarter stood at approximately 57 crore rupees, up from approximately 49 crore rupees in the corresponding quarter of the previous year .
Despite COVID-19 disruptions, Permanent Magnets shares showed resilience during the pandemic recovery phase. The company’s diversified product portfolio across essential industries such as energy metering, pharmaceuticals, and food processing helped the company maintain operations during the pandemic period. The company has also adopted modern manufacturing technologies, including vacuum induction melting for superalloys and multi-slide die-casting for zamak components, to enhance its product offerings .
Permanent Magnets share price has seen decreases due to several recurring reasons. A decline in industrial capital expenditure or a drop in demand from key customer industries directly impacts order inflows and profitability, leading to selling pressure. Changes in government policy, such as modifications to electric vehicle subsidy schemes or changes in import duties on raw materials, can also cause the stock to fall. Furthermore, any increase in operational costs like raw material procurement (cobalt, iron, rare earth elements) or energy expenses without a matching rise in product prices squeezes the company’s margins, making the stock less attractive. Periods of global economic slowdown that affect manufacturing activity raise concerns about export demand, leading to a drop in Permanent Magnets share price. The stock is also sensitive to raw material price volatility; if cobalt or rare earth prices rise significantly affecting input costs, it can lead to a decrease in Permanent Magnets stock price as investors adjust expectations for future margin growth. Broader market sell-offs in small-cap stocks also pull the price down, regardless of the company’s individual performance. A decrease in capacity utilization or lower sales in any product category directly hurts the company’s revenue, resulting in a lower valuation for Permanent Magnets share price. The company’s profit after tax declined by approximately 33 percent in the latest fiscal year, which has weighed on investor sentiment .
Permanent Magnets Limited is a holding in small-cap and industrial portfolios, offering exposure to magnetic components, current sensing solutions, and precision-engineered assemblies for diverse industries. Inclusion in electrical equipment indices underscores its importance in India’s industrial components manufacturing space. The company’s long operating history since 1960, diversified product portfolio, and presence in emerging sectors like electric vehicles and renewable energy make it a consideration for long-term allocations .
Permanent Magnets share price is influenced by the company’s ownership structure. Permanent Magnets equity is held by a broad mix of promoters, institutional investors, and retail investors, reflecting its standing in India’s industrial sector. Promoters hold a stable majority stake of approximately 58.01 percent in the company, reflecting strong internal control . Foreign institutional investors hold approximately 0.03 percent of the company’s shares . Other domestic institutional investors and financial institutions hold approximately 0.02 to 0.03 percent of the company’s shares . Mutual funds hold no significant stake in the company . The public and others hold the remaining stake of approximately 41.95 percent in the company . This investor base with stable promoter participation underscores the company’s role as a holding in both domestic and focused portfolios concentrating on industrial component manufacturing.
Beyond fundamentals and ownership, Permanent Magnets stock is actively monitored in cash market segments, where trading volumes and delivery patterns reflect expectations on industrial demand, export orders, and regulatory policy actions. The stock is available for trading on both the NSE and BSE, allowing investors to take positions based on their outlook for the industrial sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements.
Technical indicators provide additional insight into short-term momentum shifts in the company’s stock price. While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short-term and weekly timeframe, the stock has exhibited price movements that correlate with broader industrial sector trends. Based on available data, the stock’s average weekly movement has shown significant variation, with the stock delivering a return of approximately 12.72 percent over the last 5 trading sessions, indicating heightened short-term momentum .
Based on available data, Permanent Magnets share price beta requires specific calculation from relevant financial platforms. The company’s return on capital employed stood at approximately 10.92 percent, while the return on equity stood at approximately 8.06 percent, reflecting moderate profitability metrics . The debt-to-equity ratio of the company stands at approximately 0.19, indicating a relatively low reliance on debt financing . Overall, Permanent Magnets demonstrates a moderate financial risk profile, with the company maintaining a stable promoter holding and a manageable debt level.
Permanent Magnets Limited sector relevance stems from its presence in the electrical equipment and industrial component manufacturing industry, its portfolio of soft magnetic alloys (Hi-Perm), shunt assemblies for energy meters, nano amorphous cores, magnetic separators, lifting magnets, busbars, rotor and stator assemblies for BLDC motors, alnico cast magnets, and ZAMAK die-cast components, and its export footprint, establishing it as a focused small-cap industrial component provider supporting India’s energy metering, electric vehicle, and automation ecosystem. Peer comparisons with companies in the industrial consumables and electrical equipment sector focus on product diversification, customer industries, manufacturing capabilities, and export reach rather than short-term stock moves . These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of industrial production, EV adoption trends, and raw material prices further highlights Permanent Magnets positioning within India’s broader industrial components market.
Permanent Magnets P/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from magnetic assemblies, current sensing components, and engineering solutions. Based on available data, the current P/E ratio stands at approximately 55.57 times on a trailing basis, which is at a premium to the industry P/E of approximately 46.58 times . The company’s net profit for FY 2025 stood at approximately 15.17 crore rupees on a standalone basis, compared to approximately 22.74 crore rupees in FY 2024, representing a decline of approximately 33 percent . However, quarterly performance has shown improvement with the December 2025 quarter net profit at approximately 2.25 crore rupees, up from approximately 2.04 crore rupees in the corresponding quarter of the previous year . The company’s net profit margin has moderated in the recent fiscal year.
Alongside valuation, Permanent Magnets EPS provides insight into its operational performance and income generation from electrical components, magnetic solutions, and engineering services. Based on available data, the company reported a basic EPS of approximately 2.62 rupees in the December 2025 quarter, up from approximately 2.38 rupees in the December 2024 quarter . The TTM EPS stands at approximately 15.63 rupees . The company’s consolidated revenue increased from approximately 201.48 crore rupees in FY 2024 to approximately 205.05 crore rupees in FY 2025 . The company’s EPS has shown a 5-year growth trajectory with the expansion in the company’s revenue base, though recent annual profits have moderated.
Permanent Magnets market cap highlights its position as a small-cap player within India’s electrical equipment and industrial components sector. Based on recent data, the company’s market capitalization stands at approximately 670 to 687 crore rupees depending on the reporting period . The company’s market cap has fluctuated in line with investor perceptions of the company’s growth potential following the post-COVID recovery and the subsequent market correction. From earlier years through more recent periods, the market cap showed an increasing trend as the company’s revenue base expanded from approximately 117 crore rupees in FY 2021 to approximately 205 crore rupees in FY 2025 . This pattern reflects strong investor confidence during favourable industrial demand cycles followed by consolidation during challenging periods. This decrease mirrors the correction in the Permanent Magnets share price from its 52-week high of approximately 1,229.90 and the broader performance of the industrial sector relative to broader market indices.
Finally, Permanent Magnets earnings trajectory demonstrates the impact of its operational execution in a competitive industry. In recent fiscal years, total income showed modest growth supported by the core components business. Based on available data, the company’s consolidated revenue increased from approximately 201.48 crore rupees in FY 2024 to approximately 205.05 crore rupees in FY 2025, registering modest growth . However, net profit declined from approximately 20.20 crore rupees to approximately 15.75 crore rupees over the same period on a consolidated basis . In the December 2025 quarter, the company reported net sales of approximately 57.02 crore rupees, growth of approximately 15.54 percent year-on-year, with EBITDA growth of approximately 62.13 percent . The company has faced headwinds from fluctuating raw material costs and competitive pressures, which have impacted profitability. However, the company has maintained a diversified customer base across multiple industries, which helps mitigate sector-specific demand shocks. The company has a workforce of approximately 155 employees as of recent data . These developments illustrate the cyclical nature of the industrial components industry and the company’s position within this sector.
Summary
Permanent Magnets Limited operates as an electrical component and magnetic solutions manufacturer serving industrial, automotive, and energy sectors. Permanent Magnets share price moves largely with industrial demand cycles, raw material costs, and broader electrical equipment sector conditions. Permanent Magnets stock price reflects its specific position within the small-cap industrial components space. The company’s performance aligns with the operational results of its diversified product portfolio and manufacturing capabilities.
| Held By | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoter | 58 | 58 | 58 | 58 | 58 | 58 |
| FII | 0.4 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.1 | 0 | 0.1 | 0.1 | 0 | 0 |
| Public | 41.5 | 42 | 41.9 | 41.9 | 42 | 42 |
| Period | Combined Delivery Volume | NSE+BSE Traded Volume Avg | Daily Avg Delivery Volume % |
|---|---|---|---|
| Day | 2.23 K | 3.09 K | 72.10% |
| Week | 2.79 K | 3.76 K | 74.29% |
| 1 Month | 3.39 K | 4.45 K | 76.28% |
| 6 Month | 3.61 K | 4.3 K | 84.07% |
Benjamin Graham Value Screen
30 Day SMA crossing over 200 Day SMA, and current price greater than open
Mid-range Performer (DVM)
PEG lower than Industry PEG
Growth in Net Profit with increasing Profit Margin (QoQ)
Companies with Low Debt
Increasing Revenue every quarter for the past 2 quarters
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Book Value per share Improving for last 2 years
Companies with Zero Promoter Pledge
Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| 30 Jul, 2025 | 2 | FINAL | 30 Jul, 2025 | Equity Share |
| 01 Aug, 2024 | 1.8 | FINAL | Equity Share | |
| 23 Aug, 2023 | 1.5 | FINAL | Equity Share | |
| 26 Aug, 2022 | 1.2 | FINAL | Equity Share | |
| 09 Aug, 2021 | 1 | FINAL | 10 Aug, 2021 | Equity Share |
Financials | ||||||
|---|---|---|---|---|---|---|
| Price (₹) | ₹170.20 | ₹62.48 | ₹5.66 | ₹3.24 | ₹59.99 | ₹101.70 |
| % Change | 5.00% | 0.02% | 1.98% | 1.89% | -0.15% | -1.72% |
| Revenue TTM (₹ Cr) | - | - | - | ₹0 | ₹451.15 | - |
| Net Profit TTM (₹ Cr) | - | - | - | ₹-0.01 | ₹-14.29 | - |
| PE TTM | 14.00 | 21.20 | - | -166.60 | -36.50 | 36.40 |
| 1 Year Return | 967.92 | 945.16 | -0.94 | |||
| ROCE | - | - | - | - | 4.17 | - |
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