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Permanent Magnet

  • Market Cap: Micro Cap
  • Industry: Engineering
  • ISIN: INE418E01018
  • NSEID: PERMAGNET
  • BSEID: 504132
INR
714.00
5.1 (0.72%)
BSENSE

Apr 11, 12:51 PM

BSE+NSE Vol: 327

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

705.15720.00

52 Week

600.001,305.00
Valuation
Technical
Day's Volume

CASH

327 (-79.75%) Volume

Shareholding (Dec 2024)

FII

0.40%

Held by 1 FIIs

DII

0.12%

Held by 0 DIIs

Promoter

58.01%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -0.45% of over the last 5 years

 
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

With ROE of 11.8, it has a Expensive valuation with a 4.3 Price to Book Value

5

Despite the size of the company, domestic mutual funds hold only 0% of the company

6

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Engineering

stock-summary
Market cap

INR 614 Cr (Micro Cap)

stock-summary
P/E

37.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.25%

stock-summary
Debt Equity

-0.12

stock-summary
Return on Equity

11.84%

stock-summary
Price to Book

4.34

Revenue and Profits (1 Year):
Net Sales:
49 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.25%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-25.73%
0%
-25.73%
1 Year
-42.67%
0.15%
-42.52%
2 Years
-26.2%
0.34%
-25.86%
3 Years
56.92%
1.27%
58.19%
4 Years
199.75%
1.91%
201.66%
5 Years
861.62%
6.40%
868.02%

Latest dividend: 1.8 per share ex-dividend date: Aug-01-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
11.86%
EBIT Growth (5y)
-0.45%
EBIT to Interest (avg)
19.74
Debt to EBITDA (avg)
0.27
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.60
Tax Ratio
28.93%
Dividend Payout Ratio
6.81%
Pledged Shares
0
Institutional Holding
0.52%
ROCE (avg)
34.97%
ROE (avg)
22.87%
Valuation key factors
Factor
Value
P/E Ratio
37
Industry P/E
28
Price to Book Value
4.34
EV to EBIT
28.79
EV to EBITDA
20.45
EV to Capital Employed
4.79
EV to Sales
2.85
PEG Ratio
NA
Dividend Yield
0.25%
ROCE (Latest)
17.72%
ROE (Latest)
11.84%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (0.4%)

Promoter with highest holding

Mukul Taparia (15.86%)

Highest Public shareholder

Ramesh Taparia (2.69%)

Individual Investors Holdings

33.18%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -2.36% vs -4.34% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -32.68% vs -49.83% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "49.34",
          "val2": "50.53",
          "chgp": "-2.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.71",
          "val2": "7.08",
          "chgp": "-5.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.98",
          "val2": "0.60",
          "chgp": "63.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.07",
          "val2": "4.56",
          "chgp": "-32.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.60%",
          "val2": "14.01%",
          "chgp": "-0.41%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 7.78% vs 20.87% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -32.91% vs 19.14% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "104.92",
          "val2": "97.35",
          "chgp": "7.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "15.24",
          "val2": "21.29",
          "chgp": "-28.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.98",
          "val2": "0.35",
          "chgp": "180.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "9.48",
          "val2": "14.13",
          "chgp": "-32.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.53%",
          "val2": "21.87%",
          "chgp": "-7.34%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 4.31% vs 10.89% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -32.85% vs -10.79% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "154.26",
          "val2": "147.88",
          "chgp": "4.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "21.95",
          "val2": "28.37",
          "chgp": "-22.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.96",
          "val2": "0.95",
          "chgp": "106.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "12.55",
          "val2": "18.69",
          "chgp": "-32.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.23%",
          "val2": "19.18%",
          "chgp": "-4.95%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 10.25% vs 41.10% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -23.56% vs 56.25% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "201.47",
          "val2": "182.74",
          "chgp": "10.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "35.43",
          "val2": "41.27",
          "chgp": "-14.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.05",
          "val2": "1.27",
          "chgp": "61.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "22.74",
          "val2": "29.75",
          "chgp": "-23.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.59%",
          "val2": "22.58%",
          "chgp": "-4.99%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
49.34
50.53
-2.36%
Operating Profit (PBDIT) excl Other Income
6.71
7.08
-5.23%
Interest
0.98
0.60
63.33%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.07
4.56
-32.68%
Operating Profit Margin (Excl OI)
13.60%
14.01%
-0.41%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -2.36% vs -4.34% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -32.68% vs -49.83% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
104.92
97.35
7.78%
Operating Profit (PBDIT) excl Other Income
15.24
21.29
-28.42%
Interest
0.98
0.35
180.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
9.48
14.13
-32.91%
Operating Profit Margin (Excl OI)
14.53%
21.87%
-7.34%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 7.78% vs 20.87% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -32.91% vs 19.14% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
154.26
147.88
4.31%
Operating Profit (PBDIT) excl Other Income
21.95
28.37
-22.63%
Interest
1.96
0.95
106.32%
Exceptional Items
0.00
0.00
Standalone Net Profit
12.55
18.69
-32.85%
Operating Profit Margin (Excl OI)
14.23%
19.18%
-4.95%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 4.31% vs 10.89% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -32.85% vs -10.79% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
201.47
182.74
10.25%
Operating Profit (PBDIT) excl Other Income
35.43
41.27
-14.15%
Interest
2.05
1.27
61.42%
Exceptional Items
0.00
0.00
Standalone Net Profit
22.74
29.75
-23.56%
Operating Profit Margin (Excl OI)
17.59%
22.58%
-4.99%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 10.25% vs 41.10% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -23.56% vs 56.25% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Permanent Magnets Ltd stock-summary
stock-summary
Permanent Magnets Ltd
Micro Cap
Engineering
Incorporated in 1960, Permanent Magnet Limited is one of the flagship Companies of Taparia Group, Mumbai and one of the leading manufacturers of Cast alloy Permanent Magnets, Parts and accessories of electricity and electric vehicle parts in the world.
Company Coordinates stock-summary
Company Details
Harsh Avenue 302 3rd Floor, Silvassa Vapi Main Road Silvassa Dadra & Nagar Haveli (U T) : 396230
stock-summary
Tel: 022-28594060/6060
stock-summary
http://www.pmlindia.com
stock-summary
bdshah@pmlindia.com
Registrar Details
Adroit Corporate Services Pvt Ltd, 17-20 Jaferbhoy Industrial Estate , 1st Floor, Makwana Road, Marol Naka, Mumbai
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