Permanent Magnets Ltd.
Snapshot View

411.00 +2.80 ▲0.7%

02 August 2021, 04:00:00 P.M.
Volume: 9,297

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electric Equipment Compare with Industry peers
Website http://www.pmlindia.com
Financial Indicators
Market Cap 350.99 Cr.
Earnings per share (EPS) 18.77 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 21.75 Trailing Twelve Months Ending 2021-03
Industry PE 87.34 Trailing Twelve Months Ending 2021-03
Book Value / Share 74.46 Trailing Twelve Months Ending 2021-03
Price to Book Value 5.48 Calculated using Price: 408.20
Dividend Yield 0.25 Period Ending 2021-03
No. of Shares Subscribed 0.86 Cr. 8,598,453 Shares
FaceValue 10
Company Profile

Permanent Magnets Ltd, is one of the flagship companies of Taparia Group, Mumbai and also one of the five leading manufacturers of Alnico Cast Magnets and Yoke Assemblies in the world. It is a front-runner among young, dynamic and growing companies in India. It was established in 1961 at Mumbai. It has Sales Offices at Delhi, Mumbai, and Bangalore. PML magnets are used extensively in key sectors of Indian industry such as electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways and electricity generation.

Permanent Magnets is the largest producer of Alnico magnets in India. PML’s customer base is large and wide spread. It has 70% market share in India and a very respectable presence in Europe, USA, Australia, South America, South East Asia, Egypt and Malaysia. The customers are largely OEM's. PML sells to the trade also. PML started operations with the Alnico facility in 1963. This capability was augmented and upgraded with the technical support of Sumitomo Special Metals Co. of Japan. The current manufacturing capacity is 400 T per annum of cast alloy permanent magnets.

PML began manufacturing magnets in 1963 in collaboration with Centro Magneti Permanenti of Italy. Production began with a 400-tonne capacity plant for Cast Alnico magnets at PML’s Borivali Plant, in Mumbai. New grades of Alnicos were introduced with a technology tie-up in 1983 with Sumitomo Special Metal Co. (a leading Japanese manufacturer.

Success led to diversification and growth. Magnetic Systems were added to production lines and  special applications cell handles industrial problems of separation, conveying, lifting, etc. 

Product range of the company includes:

  • Mu Metal Components
  • Standard Magnetic Assemblies
  • Custom Magnetic Assemblies
  • Alnico Magnets
  • Ferrite Magnets
  • NdFeB Magnets
  • Assembly For Energy Meters
  • Cow Magnets

Achievements/ recognition:

  • An ISO:9001:2000 certified company.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.69%
1 Week
+10.08%
1 Month
+21.87%
3 Month
+41.85%
6 Month
+178.55%
1 Year
+233.87%
2 Year
+271.27%
5 Year
+2375.90%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -20.41 -6.52 3.88 8.23 9.58 34.50 57.33 35.30 28.84
Return on Capital Employed (%) 2.62 7.90 12.58 8.25 11.60 29.93 60.27 44.35 39.49
Return on Assets (%) -4.70 -1.38 0.84 1.89 2.50 10.34 23.82 20.84 19.68

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 11 11 11 12 13 18 33 48 64
Non Curr. Liab. 6 3 3 4 3 2 2 4 3
Curr. Liab. 37 35 36 34 30 38 31 20 26
Minority Int.
Equity & Liab. 54 49 50 49 46 58 66 72 92
Non Curr. Assets 6 5 4 6 6 6 6 11 10
Curr. Assets 48 44 45 43 40 53 60 61 83
Misc. Exp. not W/O
Total Assets 54 49 50 49 46 58 66 72 92

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 49 55 59 67 72 93 121 107 117
Other Income 1 1 2 0 1 0 1 3 1
Total Income 49 55 61 68 73 93 122 109 118
Total Expenditure -45 -52 -56 -64 -69 -84 -98 -86 -91
PBIDT 4 3 5 4 5 9 24 23 26
Interest -4 -3 -3 -2 -2 -2 -2 -1 -1
Depreciation -1 -1 -1 -1 -1 -1 -2 -3 -3
Taxation 0 0 0 -1 -6 -5 -6
Exceptional Items -2 1
PAT -3 -1 0 1 1 5 15 14 16

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 3 4 4 5 9 1 10 12 7
Cash Fr. Inv. -1 1 -1 -3 -2 -2 -2 -2 -2
Cash Fr. Finan. -3 -6 -3 -2 -7 1 -7 -9 -3
Net Change -1 -1 0 0 0 0 1 1 1
Cash & Cash Eqvt 3 2 2 2 0 0 1 2 3

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 71.62 70.04 69.88 70.01 70.02 69.72 67.19 60.03 60.03
Public 28.38 29.96 30.12 29.99 29.98 30.28 32.81 39.97 39.97
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.51 0.52 0.52 0.52 0.52 0.52 0.54 0.61 0.00

Announcements View Details

Fri, 30 Jul 2021
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Anupkumar Taparia
Fri, 30 Jul 2021
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Divya Anil Taparia
Fri, 30 Jul 2021
Disclosures Pursuant To Regulation 7(2) Of SEBI (PIT) Regulations 2015 Received By The Company
Disclosures under Form C pursuant to Regulation 7(2) of SEBI
(Prohibition of Insider Trading) Regulations 2015 received from the Promoter Group of the Company.

Technical Scans View Details

Fri, 30 Jul 2021
High Delivery Percentage High Delivery Percentage
Close Within 52 Week High Zone Close Within 52 Week High Zone
S Close Above Last Week High
S Close Above Last Month High
RSI Bearish RSI Bearish

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