PERMAGN

Permanent Magnets financials

Market cap
₹744 Cr
Sector
Capital Goods

Quarterly results

Q1 FY27: revenue up 18.9%, net profit down 14.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue51 49 45 53 49 −4%57 +16%67 +47%63 +19%
EBITDA7 7 5 11 7 +4%11 +65%10 +87%12 +7%
Net profit4 3 3 7 4 +4%4 +32%5 +96%6 −14%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −16.3% 1Y

₹0.6k₹0.7k₹0.8k₹0.9k₹1.0k₹1.1kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹1,032.5 on 10 Sept 2025 → ₹864.65. High ₹1,082.95 (22 Sept 2025), low ₹635.1 (30 Mar 2026).

Financials, as filed

Revenue grew 5.8% a year over 2 years, FY24 to FY26. Operating margin held at 17.3%.

Year endingFY24FY25FY26
Revenue₹201 Cr₹200 Cr₹225 Cr
Operating profit₹35 Cr₹27 Cr₹39 Cr
Operating margin17.6%13.7%17.3%
Interest₹2 Cr₹2 Cr₹3 Cr
Depreciation₹7 Cr₹9 Cr₹13 Cr
Net profit₹23 Cr₹15 Cr₹20 Cr
Net margin11.3%7.6%9.0%
Cash from operations₹19 Cr₹36 Cr₹31 Cr
Free cash flow₹1 Cr₹9 Cr₹4 Cr
ROCE25.0%14.0%18.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹9 Cr₹9 Cr₹9 Cr₹9 Cr₹9 Cr₹9 Cr
Reserves₹55 Cr₹74 Cr₹102 Cr₹124 Cr₹147 Cr₹156 Cr
Borrowings₹3 Cr₹5 Cr₹8 Cr₹15 Cr₹26 Cr₹37 Cr
Other liabilities₹27 Cr₹29 Cr₹33 Cr₹35 Cr₹26 Cr₹36 Cr
Total liabilities₹94 Cr₹116 Cr₹151 Cr₹183 Cr₹207 Cr₹238 Cr
Fixed assets₹8 Cr₹10 Cr₹14 Cr₹32 Cr₹59 Cr₹72 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹3 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹86 Cr₹106 Cr₹137 Cr₹151 Cr₹148 Cr₹163 Cr
Total assets₹94 Cr₹116 Cr₹151 Cr₹183 Cr₹207 Cr₹238 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public added +0.12 pp while DIIs trimmed −0.10 pp. The shareholder count shrank 9% to 17,574.

Promoters
58.0%
DIIs
0.0%
Public
42.0%

Since Jun 2025

  • Public +0.12 pp
  • DIIs −0.10 pp
  • FIIs −0.03 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 58.0%, FIIs 0.4%, DIIs 0.1%, Public 41.5%.Dec '23: Promoters 58.0%, FIIs 0.4%, DIIs 0.1%, Public 41.5%.Mar '24: Promoters 58.0%, DIIs 0.0%, Public 42.0%.Jun '24: Promoters 58.0%, FIIs 0.4%, DIIs 0.1%, Public 41.5%.Sep '24: Promoters 58.0%, FIIs 0.4%, DIIs 0.1%, Public 41.5%.Dec '24: Promoters 58.0%, FIIs 0.4%, DIIs 0.1%, Public 41.5%.Mar '25: Promoters 58.0%, DIIs 0.0%, Public 42.0%.Jun '25: Promoters 58.0%, FIIs 0.0%, DIIs 0.1%, Public 41.9%.Sep '25: Promoters 58.0%, FIIs 0.0%, DIIs 0.0%, Public 41.9%.Dec '25: Promoters 58.0%, DIIs 0.0%, Public 42.0%.Mar '26: Promoters 58.0%, DIIs 0.0%, Public 42.0%.Jun '26: Promoters 58.0%, DIIs 0.0%, Public 42.0%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Permanent Magnets Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Mukul Taparia 16.28%unchanged
Sharad Jaiprakash Taparia 16.10%unchanged
Jaiprakash Hanumanbux Taparia 7.20%unchanged
Kamala Anil Taparia, Partner 6.71%unchanged
Ramesh Taparia 2.29%−0.10 pp
Meena Kabra 2.21%unchanged
Anilkumar Taparia 1.87%unchanged
Nymph Properties Private Limited 1.86%unchanged
Kamala Anil Taparia 1.57%unchanged
Sangeetha S . 1.12%unchanged
Yamini Taparia 1.00%unchanged
Sunaina Taparia 0.89%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹865, this stock must grow earnings at 28% every year for 7 years. Our analysis caps realistic growth at ~-5%. At that growth it is worth ₹150 — downside of 83%.

Growth the price implies
27.7% a year
for 7 years, fading to 4%
It has actually compounded at
-5.3% a year
net profit, FY24–FY26 · EPS -5.3%
The gap
0.3 pp
-83% downside if it only repeats history
Price today ₹864.65 Value at the reference growth ₹150.46

Change the assumptions yourself →

Learn to analyse Permanent Magnets Ltd.

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