Permanent Magnets LTD.

Permanent Magnets Ltd. (PERMAGN) is a micro-cap Capital Goods company valued at ₹779 crore operating in Other Electrical Equipment on the NSE and BSE.

Recent price move

Permanent Magnets Ltd. last traded at ₹907.3, modestly up 0.95% on the day.

Recent developments

On 2026-09-06, Assocham urged the government for bilateral talks to resolve visa and permanent magnets issues during BRICS, citing visa curbs on Indians and restrictions on rare earth permanent magnets disrupting manufacturing.

Financial performance

Revenue rose 10.3% annually, but the latest quarter saw revenue increase 18.1% compared to the same quarter a year earlier. Net profit fell 6.2% annually, while the latest quarter net profit dropped 38.1% compared to the same quarter a year earlier. The net profit margin narrowed 1.2 percentage points to 6.5%.

Valuation multiples

The stock trades at 51.8 times earnings, 4.74 times book value. It yields 0.3%.

Things to watch

Net profit fell 6.2% annually and dropped 38.1% in the latest quarter compared to the same quarter a year earlier. The net profit margin narrowed 1.2 percentage points to 6.5%. The stock is 2.8% below its 52-week high.

Where it stands

The company's revenue rose 10.3% annually, but net profit fell 6.2% annually. The latest quarter saw revenue rise 18.1% compared to the same quarter a year earlier, but net profit dropped 38.1%. The stock is 2.8% below its 52-week high.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.