Is Permanent Magnets a good stock to invest in?

Permanent Magnets can be analyzed on the following key metrics - TTM P/E: 43.21 Sector P/E: 18.04 Dividend Yield: 0.24% D/E ratio: -

Permanent Magnets Share Price

Sector: Electronic Instr. & Controls

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769.50 +6.50 (0.85%)

1D
5D
1M
3M
6M
1Y
5Y
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Price Range

Today’s Low 763.50

Today’s High 777.80

52 Week Low 600.00

52 Week High 1199.00

Key Metrics

Market Cap (In Cr) 661.65
Beta 0.43
Div. Yield (%) 0.24
P/B 4.96
TTM P/E 43.21
Peg Ratio 2.82
Sector P/E 18.04
Open Price 768
Prev Close 763

View All Metrics

Permanent Magnets Analysis

Price Analysis

1 Week

-3.05%
3 Months

1.73%
6 Month

-12.96%
YTD

-21.01%
1 Year

-29.56%

Risk Meter

50% Low risk
50% Moderate risk
50% Balanced Risk
50% High risk
50% Extreme risk

Permanent Magnets News

Introduced in July 2021, the National Smart Metering Scheme aims to install 250 million smart meters by 2025. (Image: iStock)

Premium

Two smallcap proxy stocks in the national smart meter theme

4 min read . 09 Aug 2024

Premium

Permanent Magnets Q3 FY24 Results Live : profit falls by 57.78% YOY

1 min read . 16 Feb 2024

View More News

Permanent Magnets Financials

INCOME
BALANCE SHEET
Cashflow

DATE

Annual

Quarterly

Period
2024

Total Revenue
201.47

Selling/ General/ Admin Expenses Total
44.57

Depreciation/ Amortization
6.87

Other Operating Expenses Total
0.05

Total Operating Expense
172.91

Operating Income
28.56

Net Income Before Taxes
30.91

Net Income
22.74

Diluted Normalized EPS
26.44

Period
2023

Total Revenue
182.74

Selling/ General/ Admin Expenses Total
39.66

Depreciation/ Amortization
5.49

Other Operating Expenses Total
0.06

Total Operating Expense
146.96

Operating Income
35.78

Net Income Before Taxes
39.96

Net Income
29.75

Diluted Normalized EPS
34.72

Period
2022

Total Revenue
129.51

Selling/ General/ Admin Expenses Total
37.3

Depreciation/ Amortization
4.06

Other Operating Expenses Total
0.1

Total Operating Expense
106.84

Operating Income
22.67

Net Income Before Taxes
25.57

Net Income
19.04

Diluted Normalized EPS
22.1

Period
2021

Total Revenue
116.68

Selling/ General/ Admin Expenses Total
28.73

Depreciation/ Amortization
3.29

Other Operating Expenses Total
0.11

Total Operating Expense
94.72

Operating Income
21.96

Net Income Before Taxes
21.82

Net Income
16.14

Diluted Normalized EPS
20.27

Period
2020

Total Revenue
106.56

Selling/ General/ Admin Expenses Total
30.34

Depreciation/ Amortization
2.99

Other Operating Expenses Total
0.2

Total Operating Expense
88.94

Operating Income
17.62

Net Income Before Taxes
18.93

Net Income
14.32

Diluted Normalized EPS
16.72

Period
2019

Total Revenue
120.84

Selling/ General/ Admin Expenses Total
28.39

Depreciation/ Amortization
1.56

Other Operating Expenses Total
0.19

Total Operating Expense
99.52

Operating Income
21.32

Net Income Before Taxes
20.8

Net Income
14.8

Diluted Normalized EPS
17.18

View detailed financials

Forecast

Income Sheet (In Cr) Net Income Vs Revenue

Returns Metrics (In Cr) ROA Vs ROE

Forecast

Balance Sheet Asset vs Liability

Forecast

Cash Flow Operating vs Investing

Permanent Magnets Technical

Moving Average SMA

5 Day781.95
10 Day780.91
20 Day777.74

50 Day727
100 Day813.95
300 Day885.14

Permanent Magnets Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

Concord Control System
1392.95
27.3
2
2062.05
651.75
877.62

Rmc Switchgears
759.8
36.15
5
1214
387
783.22

Permanent Magnets
769.5
6.5
0.85
1199
600
661.65

High Energy Batteries India
683.2
8.45
1.25
874.95
420.05
613.51

Modern Insulators
126
5.53
4.59
176
85.01
594.01

Permanent Magnets Shareholding

Shareholding Pattern

Shareholding Trend

Shareholding(%) v/s Date

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Corporate Actions

Board Meeting
AGM
Dividends
Bonus
Split
Rights

Meeting Date
Purpose

23-May-25
Audited Results & Final Dividend

14-Feb-25
Quarterly Results

12-Nov-24
Quarterly Results

09-Aug-24
Quarterly Results

16-May-24
Audited Results & Final Dividend

13-Feb-24
Quarterly Results

07-Nov-23
Quarterly Results

11-Aug-23
Quarterly Results

17-May-23
Audited Results & Final Dividend

31-Jan-23
Quarterly Results

Meeting Date
Announced on
Purpose

09-Aug-24
16-Jul-24
AGM

31-Aug-23
08-Aug-23
AGM

06-Sept-22
30-May-22
AGM

Announced on
Record Date
Ex-Dividend
Dividend Value

16-May-24
-
01-Aug-24
1.8

17-May-23
-
23-Aug-23
1.5

28-May-21
10-Aug-21
09-Aug-21
1

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Company Profile

ABOUT Permanent Magnets

Industry Electronic Instr. & Controls
ISIN INE418E01018
BSE Code 504132

Permanent Magnets Limited is an India-based solution provider of electrical components and assemblies based on certain core technologies that find application in the automobile, energy meter, renewable energy, aerospace and defense, food and beverage, and many other industries. The Company has five core product platforms, wherein it designs and delivers various customer-specific solutions. These include magnetic sensing, current sensing, magnetic assemblies, alloys and ZAMAK die-casting. The Company’s products include Hi-Perm, Shunt, Nano Amorphous, Magnetic Assemblies, Alnico Magnets, Zamak, Rotor & Stator assemblies, and Busbar. Its Hi-Perm products include Soft Magnetic Alloys and Their Properties; Components in CoFe Alloys; Kits, Meters & Probes; and Standard Products. Its Shunt products include Shunt Assembly for Energy Meters, Brass Terminals, and Automotive Shunt. Its Nano Amorphous includes CTs for Energy Meter, RCCB, CBCT, Amorphous Cut Cores and Nano Crystalline Core.

MANAGEMENT

Sukhmal Jain Chief Financial Officer, Senior Vice President - Finance
Rachana Rane Compliance Officer, Company Secretary
Sharad Taparia Managing Director, Executive Director

PERMANENT MAGNETS SUMMARY

Permanent Magnets is trading 0.85% upper at Rs 769.50 as compared to its last closing price. Permanent Magnets has been trading in the price range of 777.80 & 763.50. Permanent Magnets has given -21.01% in this year & -3.05% in the last 5 days.

Permanent Magnets has TTM P/E ratio 43.21 as compared to the sector P/E of 18.04.

The company posted a net profit of 2.04 Crores in its last quarter.

Listed peers of Permanent Magnets include Concord Control System (2%), Rmc Switchgears (5%), Permanent Magnets (0.85%) etc.

Permanent Magnets has a 58.01% promoter holding & 41.99% public holding.

FAQs about Permanent Magnets

Permanent Magnets is trading at 769.50 as on 22 May, 2025 3:29:03 PM. This is 0.85% upper as compared to its previous closing price of 763

The market capitalization of Permanent Magnets is 661.65 Cr as on 22 May, 2025 3:29:03 PM.

The 52 wk high for Permanent Magnets is 1199.00 whereas the 52 wk low is 600.00

Permanent Magnets can be analyzed on the following key metrics -

TTM P/E: 43.21
Sector P/E: 18.04
Dividend Yield: 0.24%
D/E ratio: -

Permanent Magnets reported a net profit of 22.74 Cr in 2024.

Permanent Magnets Quick Links

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Permanent Magnets Share Price

Price Range

Key Metrics

Permanent Magnets Analysis

Permanent Magnets News

Two smallcap proxy stocks in the national smart meter theme

Permanent Magnets Q3 FY24 Results Live : profit falls by 57.78% YOY

Permanent Magnets Financials

Forecast

Forecast

Forecast

Permanent Magnets Technical

Permanent Magnets Peers

Permanent Magnets Shareholding

Shareholding Pattern

Shareholding Trend

Corporate Actions

Company Profile

ABOUT Permanent Magnets

MANAGEMENT

PERMANENT MAGNETS SUMMARY

FAQs about Permanent Magnets

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