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Permanent Magnets share price

Permanent Magnets Ltd.

NSE: PERMAGNET BSE: 504132 SECTOR: Electric Equipment  38k   168   18

1057.05
-1.60 (-0.15%)
BSE: 23 Feb 04:01 PM

Price Summary

Today's High

₹ 1075

Today's Low

₹ 1030.05

52 Week High

₹ 1721

52 Week Low

₹ 694

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

908.9 Cr.

Enterprise Value

903.12 Cr.

No. of Shares

0.86 Cr.

P/E

33.07

P/B

7.08

Face Value

₹ 10

Div. Yield

0.14 %

Book Value (TTM)

₹  149.27

CASH

11.76 Cr.

DEBT

5.98 Cr.

Promoter Holding

58.01 %

EPS (TTM)

₹  31.97

Sales Growth

41.1%

ROE

30.8 %

ROCE

40.88%

Profit Growth

56.23 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year41.1%
3 Year19.7%
5 Year14.52%

Profit Growth

1 Year56.19%
3 Year27.61%
5 Year40.62%

ROE%

1 Year30.8%
3 Year28.56%
5 Year35.66%

ROCE %

1 Year40.88%
3 Year38.49%
5 Year44.02%

Debt/Equity

0.0539

Price to Cash Flow

79.22

Interest Cover Ratio

31.2586898901931

CFO/PAT (5 Yr. Avg.)

0.456248268313907

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 58.01 0.63
Sep 2023 58.01 0.63
Jun 2023 58.01 0.63
Mar 2023 58.01 0.63
Dec 2022 58.02 0.63
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 27.6030711202844% for the Past 3 years.
  • The company has shown a good revenue growth of 19.6955183957705% for the Past 3 years.
  • Company has been maintaining healthy ROE of 28.5635981978033% over the past 3 years.
  • Company has been maintaining healthy ROCE of 38.4868191723541% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 31.2586898901931.
  • The Company has been maintaining an effective average operating margins of 20.6471599451075% in the last 5 years.
  • Company’s PEG ratio is 0.588102448737378.
  • The company has an efficient Cash Conversion Cycle of 69.6480782719924 days.
  • Company has a healthy liquidity position with current ratio of 3.40469153059993.
  • The company has a high promoter holding of 58.01%.

 Limitations

  • Company has contingent liabilities of 27.0003 Cr.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 52.82 49.38 43.64 53.71 50.53
Total Expenditure 40.52 36.2 33.88 42.19 43.44
Operating Profit 12.3 13.18 9.76 11.52 7.09
Other Income 1.47 1.29 0.96 0.6 1.03
Interest 0.43 0.38 0.18 0.17 0.6
Depreciation 1.45 1.91 1.23 2.02 1.69
Exceptional Items 0 0 0 0 0
Profit Before Tax 11.89 12.18 9.31 9.93 5.83
Tax 2.8 3.38 2.52 2.59 1.27
Profit After Tax 9.09 8.8 6.79 7.34 4.56
Adjusted EPS (Rs) 10.57 10.23 7.9 8.53 5.3

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 120.84 106.56 116.68 129.51 182.74
Total Expenditure 97.92 85.96 91.41 102.73 141.43
Operating Profit 22.92 20.6 25.27 26.78 41.31
Other Income 0.99 2.7 0.89 3.75 5.45
Interest 1.55 1.38 1.04 0.9 1.32
Depreciation 1.56 2.99 3.29 4.06 5.49
Exceptional Items 0 0 0 0 0
Profit Before Tax 20.8 18.93 21.82 25.57 39.96
Tax 6 4.61 5.68 6.52 10.2
Net Profit 14.8 14.32 16.15 19.05 29.76
Adjusted EPS (Rs.) 17.22 16.65 18.77 22.15 34.6

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 8.6 8.6 8.6 8.6 8.6
Total Reserves 24.65 39.27 55.43 73.62 102.35
Borrowings 2.24 1.85 1.81 1.76 4.02
Other N/C liabilities -0.35 2.38 1.07 0.45 -1.33
Current liabilities 30.71 19.5 25.52 29.84 35.63
Total Liabilities 65.85 71.61 92.43 114.28 149.26
Assets
Net Block 5.16 9.3 8.06 10.12 13.95
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 1.17 1.23 1.73 6.13 6.02
Other N/C Assets 0 0 0 0.6 7.99
Current Assets 59.52 61.08 82.63 97.42 121.3
Total Assets 65.85 71.61 92.43 114.28 149.26
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 20.85 18.9 21.84 25.58 39.97
Adjustment 2.78 3.44 3.98 5.14 7.44
Changes in Assets & Liabilities -7.57 -5.99 -14.34 -20.93 -26.92
Tax Paid -6.14 -4.85 -5.11 -6.12 -9.01
Operating Cash Flow 9.92 11.5 6.36 3.66 11.47
Investing Cash Flow -1.99 -1.54 -2.06 -3.8 -9.52
Financing Cash Flow -7.18 -8.78 -2.86 -2.63 -1.23
Net Cash Flow 0.75 1.18 1.45 -2.76 0.73

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 58.02 58.01 58.01 58.01 58.01
anilkumar taparia 1.38 1.38 1.84 1.84 1.84
bank of rajasthan limited... 0.36 0.36 0.36 0.36 0.36
divya anil taparia 0.19 0.19 0.19 0.19 0.19
jaiprakash hanumanbux tap... 7.05 7.05 7.05 7.05 7.05
kamala anil taparia 1.57 1.57 1.57 1.57 1.57
kamala anil taparia, (par... - - - - 6.71
manmohan taparia 0.58 0.58 0.58 0.58 0.58
meena kabra - - 2.21 2.21 2.21
mukul taparia 11.95 11.95 15.85 15.86 15.86
nandini taparia 0.29 0.29 0.29 0.29 0.29
nymph properties private ... 1.86 1.86 1.86 1.86 1.86
rashi mittal 0.01 0.01 0.01 0.01 0.01
rishi taparia 0.48 0.48 0.48 0.48 0.48
roli bajpai - - 0.58 0.58 0.58
sharad jaiprakash taparia... - - - 15.58 15.58
sunaina taparia 0.89 0.89 0.89 0.89 0.89
sunilkumar taparia 0.67 0.67 0.74 0.74 0.74
sunita sunil taparia 0.29 0.29 0.29 0.29 0.29
yamini taparia 0.91 0.91 0.91 0.91 0.91
kamala anil taparia (part... 6.72 6.71 6.71 6.71 -
sharad jayprakash taparia... 12.41 12.41 15.59 - -
anilkumar taparia, huf (a... 0.46 0.46 - - -
shyamsunder taparia 9.87 9.87 - - -
sunilkumar taparia, huf (... 0.06 0.06 - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 41.98 41.99 41.99 41.99 41.99
ramesh taparia 2.50 2.49 2.47 2.44 2.76
sangeetha s 1.12 1.12 1.12 1.09 1.09
openxcell technolabs pvt ... 1.09 1.11 1.11 - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY22 21 Jun 2022

Company News

Permanent Magnets informs about details of loss of certificate 20 Feb 2024, 12:32PM Permanent Magnets - Quaterly Results13 Feb 2024, 4:06PM Permanent Magnets - Quaterly Results13 Feb 2024, 4:06PM Permanent Magnets - Quaterly Results13 Feb 2024, 4:06PM Permanent Magnets informs about issuance of letter (s) of confirmation13 Feb 2024, 12:14PM Permanent Magnets informs about loss of share certificates6 Feb 2024, 5:27PM Permanent Magnets informs about board meeting2 Feb 2024, 11:09AM Permanent Magnets informs about issuance of letter(s) of confirmation21 Dec 2023, 12:15PM Permanent Magnets informs about issuance of letters of confirmation14 Dec 2023, 5:19PM Permanent Magnets informs about details of loss of certificate13 Dec 2023, 5:08PM Permanent Magnets informs about details of loss of certificate11 Dec 2023, 1:32PM Permanent Magnets informs about loss of share certificate28 Nov 2023, 3:06PM Permanent Magnets informs about loss of share certificate18 Nov 2023, 3:59PM Permanent Magnets informs about issuance of letter(s) of confirmation16 Nov 2023, 12:00PM Permanent Magnets - Quaterly Results7 Nov 2023, 3:56PM Permanent Magnets - Quaterly Results7 Nov 2023, 3:56PM Permanent Magnets informs about issuance of letter(s) of confirmation11 Oct 2023, 11:34AM Permanent Magnets informs about certificate6 Oct 2023, 5:14PM Permanent Magnets informs about issuance of letters of confirmation27 Sep 2023, 2:33PM Permanent Magnets informs about loss of share certificates26 Sep 2023, 2:16PM Permanent Magnets informs about analyst meet13 Sep 2023, 2:54PM Permanent Magnets informs about loss of share certificates11 Sep 2023, 5:24PM Permanent Magnets informs about outcome of AGM 31 Aug 2023, 5:23PM Permanent Magnets informs about press release16 Aug 2023, 5:16PM Permanent Magnets submits newspaper publication12 Aug 2023, 4:57PM Permanent Magnets - Quaterly Results11 Aug 2023, 3:58PM Permanent Magnets - Quaterly Results11 Aug 2023, 3:58PM Permanent Magnets informs about press release8 Aug 2023, 2:32PM Permanent Magnets informs about issuance of letters of confirmation1 Aug 2023, 1:02PM Permanent Magnets informs about certificate6 Jul 2023, 5:06PM Permanent Magnets informs about loss of share certificate16 Jun 2023, 10:35AM Permanent Magnets informs about issuance of letters of confirmation6 Jun 2023, 2:19PM Permanent Magnets incorporates wholly owned subsidiary2 Jun 2023, 10:48AM Permanent Magnets informs about annual secretarial compliance report20 May 2023, 10:52AM Permanent Magnets - Quaterly Results17 May 2023, 4:31PM Permanent Magnets - Quaterly Results17 May 2023, 4:31PM Permanent Magnets informs about conference call15 May 2023, 12:05PM Permanent Magnets informs about disclosure 25 Apr 2023, 4:54PM Permanent Magnets informs about compliances-certificate10 Apr 2023, 4:40PM Permanent Magnets informs about loss of share certificate4 Apr 2023, 10:36AM Permanent Magnets informs about loss of share certificates3 Mar 2023, 4:54PM Permanent Magnets informs about issuance of duplicate share certificates25 Feb 2023, 3:18PM Permanent Magnets informs about credit rating20 Feb 2023, 3:07PM Permanent Magnets informs about issuance of duplicate share certificates8 Feb 2023, 5:11PM Permanent Magnets - Quaterly Results31 Jan 2023, 4:24PM Permanent Magnets - Quaterly Results31 Jan 2023, 4:24PM Permanent Magnets - Quaterly Results31 Jan 2023, 4:24PM Permanent Magnets informs about loss of share certificates17 Jan 2023, 10:21AM Permanent Magnets informs about disclosures 27 Dec 2022, 2:49PM Permanent Magnets - Quaterly Results11 Nov 2022, 3:46PM

Permanent Magnets Stock Price Analysis and Quick Research Report. Is Permanent Magnets an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Permanent Magnets has a PE ratio of 33.066498995852 which is high and comparatively overvalued .

  • Share Price: - The current share price of Permanent Magnets is Rs 1057.05. One can use valuation calculators of ticker to know if Permanent Magnets share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Permanent Magnets has ROA of 22.5792228134989 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Permanent Magnets has a Current ratio of 3.40469153059993 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Permanent Magnets has a ROE of 30.8037396724163 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Permanent Magnets has a D/E ratio of 0.0539 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Permanent Magnets has an Inventory turnover ratio of 4.03043456205241 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Permanent Magnets has reported revenue growth of 41.0999245622177 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Permanent Magnets for the current financial year is 22.6077558491733 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Permanent Magnets is Rs 1.5 and the yield is 0.1417 %.

 

Last Updated on:
Brief about Permanent Magnets

Permanent Magnets Limited Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Permanent Magnets Limited is a leading manufacturer and distributor of permanent magnets, serving various industries including automotive, electronics, and energy. With a strong focus on research and development, the company has established itself as a pioneer in the magnet industry, consistently delivering innovative solutions to its customers.

Permanent Magnets Limited - Share Price

The share price of Permanent Magnets Limited reflects the market perception of the company's performance and growth prospects. By analyzing historical price patterns and market trends, investors can gain insights into the stock's volatility and potential returns. To assist in this analysis, our website provides pre-built screening tools that enable investors to monitor the share price and its movements over time.

Permanent Magnets Limited - Balance Sheet

Permanent Magnets Limited's balance sheet is a crucial indicator of the company's financial health. It provides a snapshot of its assets, liabilities, and shareholders' equity. By examining the balance sheet, long-term investors can understand the company's capital structure and assess its ability to generate sustainable returns. For a comprehensive analysis, our website offers premium features that allow fair value calculations using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

Permanent Magnets Limited - Annual Report

The annual report of Permanent Magnets Limited provides a comprehensive overview of the company's performance and operations throughout the year. It includes key financial statements, management discussions, and analysis, as well as insights into the company's strategy and future plans. Our website offers downloadable copies of the annual reports, enabling investors to dive deeper into the details and make informed decisions.

Permanent Magnets Limited - Dividend

Dividends play a significant role in attracting long-term investors as they provide a regular income stream. Permanent Magnets Limited's dividend policy reflects its commitment to distributing profits to its shareholders. By analyzing the dividend history and payout ratios, investors can assess the company's ability to sustain dividend payments.

Permanent Magnets Limited - Quarterly Results

By monitoring the quarterly results of Permanent Magnets Limited, investors can gain insights into the company's performance and growth trajectory. Our website provides downloadable transcripts of the con-call sessions and investor presentations from the quarterly result announcements. These valuable resources enable investors to stay up to date with the latest developments and gauge the company's future prospects.

Permanent Magnets Limited - Stock Price

The stock price of Permanent Magnets Limited is influenced by various factors, including market conditions, investor sentiment, and company performance. By studying historical stock prices and price charts, investors can identify patterns and trends that may help in making informed investment decisions. Our website offers pre-built screening tools that enable investors to track the stock price and analyze its movements over time.

Permanent Magnets Limited - News

To stay updated with the latest developments and news regarding Permanent Magnets Limited, our website provides a dedicated section that aggregates news articles and press releases related to the company. This resource allows investors to stay informed about any significant events or announcements that may impact the company's stock price and overall performance.

Permanent Magnets Limited - Concall Transcripts

The con-call transcripts of Permanent Magnets Limited provide a detailed account of the discussions and insights shared during the post-earnings conference calls. These transcripts offer valuable information regarding the company's performance, growth prospects, and future strategies. By analyzing these transcripts, investors can gain a deeper understanding of the management's viewpoint and make informed investment decisions.

Permanent Magnets Limited - Investor Presentations

Investor presentations by Permanent Magnets Limited offer a comprehensive overview of the company's business model, operations, and growth strategies. These presentations provide valuable insights into the company's long-term vision and competitive advantages. Our website offers downloadable copies of the investor presentations, enabling investors to delve deeper into the details and assess the company's potential.

Permanent Magnets Limited - Promoters

The promoters of Permanent Magnets Limited are key individuals or entities that have played a significant role in establishing and shaping the company. Their vision, expertise, and commitment contribute to the company's success and growth. By understanding the background and track record of the promoters, investors can evaluate the company's leadership and assess its long-term potential.

Permanent Magnets Limited - Shareholders

Shareholders form an integral part of Permanent Magnets Limited's ownership structure. By analyzing the shareholder base and distribution, investors can gain insights into the company's governance practices and potential voting power. Understanding the composition of the shareholder base is essential for long-term investors to assess any concentration risks or potential impact on decision-making.

In conclusion, Permanent Magnets Limited offers a wide range of resources and tools that are essential for long-term investors seeking in-depth stock analysis. Our website provides access to company-related information such as annual reports, concall transcripts, investor presentations, and news articles. Additionally, our premium features allow investors to perform fair value calculations using tools like DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. By utilizing these resources and tools, investors can make informed decisions and gain a deeper understanding of Permanent Magnets Limited's stock performance and potential.

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