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    Permanent Magnet

    Mira Road (Thane)-based manufacturer of magnetic-sensing, current-sensing, magnetic-assembly, alloy and Zamak die-casting components for automotive and electricity-metering customers.

    Capital Goods
    Industrials
    View 504132 earnings calls

    Overview

    Price

    Market Cap

    ₹728 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital99999999
    Reserves395574102124137147156
    Borrowings235815202637
    Other Liabilities2327293335242636
    Total Liabilities7394116151183190207238
    AssetsFixed Assets98101432545972
    CWIP00000003
    Investments00000000
    Other Assets6486106137151136148163
    Total Assets7394116151183190207238

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating10126411193631
    Cash from Investing-2-2-2-4-10-18-28-28
    Cash from Financing-7-9-3-3-12-83
    SummaryCapital Expenditure
    Free Cash Flow810402194
    FCF Margin

    Valuation

    Assumptions

    Current — 504132
    Price
    ₹865
    EPS (TTM)
    ₹23.71
    PE (TTM)
    36.5
    Profit growth
    -11.8%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (43.5×) and current (36.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹865
    vs
    Fair value · 15% return
    ₹176
    80%Overvalued

    At -11.8% growth and a 36× exit, ₹865 only delivers your return if you pay ₹176. The price is currently baking in 18% growth.

    EPS grows -11.8%/yr for 5 years, then fades to 6% over 2, exits at 36×.

    YearGrowthEPS (₹)
    FY27-11.8%20.91
    FY28-11.8%18.44
    FY29-11.8%16.27
    FY30-11.8%14.35
    FY31-11.8%12.66
    FY32-2.9% ·fade12.29
    FY336.0% ·fade13.03

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Permanent Magnet

    Guides on how to read this kind of business and the numbers that matter.