Permanent Magnets Ltd.

NSE: PERMAGNET BSE: 504132 SECTOR: Electric Equipment  16k   149   16

905.75
-14.25 (-1.55%)
BSE: 26 May 05:10 PM

Price Summary

Today's High

₹ 961.45

Today's Low

₹ 860

52 Week High

₹ 1198.4

52 Week Low

₹ 0

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

778.8 Cr.

Enterprise Value

766.34 Cr.

No. of Shares

0.86 Cr.

P/E

26.18

P/B

7.02

Face Value

₹ 10

Div. Yield

0.17 %

Book Value (TTM)

₹  129.04

CASH

15.23 Cr.

DEBT

2.77 Cr.

Promoter Holding

58.01 %

EPS (TTM)

₹  34.6

Sales Growth

11%

ROE

26.04 %

ROCE

35.09%

Profit Growth

18.01 %

* 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 Year11%
3 Year2.34%
5 Year12.48%

Profit Growth

1 Year17.96%
3 Year8.78%
5 Year74.23%

ROE%

1 Year26.04%
3 Year30.06%
5 Year36.4%

ROCE %

1 Year35.09%
3 Year39.64%
5 Year41.83%

Debt/Equity

0.0337

Price to Cash Flow

212.57

Interest Cover Ratio

29.3370649523387

CFO/PAT (5 Yr. Avg.)

0.46913302574388

Share Holding Pattern

Promoter Pledging %

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

 Strengths

  • Company has been maintaining healthy ROE of 30.0634893644957% over the past 3 years.
  • Company has been maintaining healthy ROCE of 39.6428331347559% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 29.3370649523387.
  • The company has an efficient Cash Conversion Cycle of 33.183606436439 days.
  • Company has a healthy liquidity position with current ratio of 3.26434439961936.
  • The company has a high promoter holding of 58.01%.

 Limitations

  • The company has shown a poor profit growth of 8.75670583682007% for the Past 3 years.
  • The company has shown a poor revenue growth of 2.33647280264955% for the Past 3 years.
  • Company has contingent liabilities of 26.6438 Cr.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 38.85 35.03 45.52 52.82 49.38
Total Expenditure 30.38 29.72 35.04 40.52 36.2
Operating Profit 8.47 5.31 10.48 12.3 13.18
Other Income 1.04 1.27 1.31 1.47 1.29
Interest 0.2 0.06 0.28 0.43 0.38
Depreciation 1.19 0.92 1.22 1.45 1.91
Exceptional Items 0 0 0 0 0
Profit Before Tax 8.12 5.6 10.29 11.89 12.18
Tax 2.07 1.4 2.63 2.8 3.38
Profit After Tax 6.05 4.2 7.66 9.1 8.8
Adjusted EPS (Rs) 7.03 4.88 8.91 10.58 10.23

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 92.77 120.84 106.56 116.68 129.51
Total Expenditure 84.32 97.92 85.96 91.41 102.73
Operating Profit 8.44 22.92 20.6 25.27 26.78
Other Income 0.47 0.99 2.7 0.89 3.75
Interest 1.7 1.55 1.38 1.04 0.9
Depreciation 1.28 1.56 2.99 3.29 4.06
Exceptional Items 0.97 0 0 0 0
Profit Before Tax 6.9 20.8 18.93 21.82 25.57
Tax 1.49 6 4.61 5.68 6.52
Net Profit 5.41 14.8 14.32 16.15 19.05
Adjusted EPS (Rs.) 6.3 17.22 16.65 18.77 22.15

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 8.6 8.6 8.6 8.6 8.6
Total Reserves 9.8 24.65 39.27 55.43 73.62
Borrowings 2.52 2.24 1.85 1.81 1.76
Other N/C liabilities -0.27 -0.35 2.38 1.07 0.45
Current liabilities 37.82 30.71 19.5 25.52 29.84
Total Liabilities 58.46 65.85 71.61 92.43 114.28
Assets
Net Block 4.69 5.16 9.3 8.06 10.12
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 1.12 1.17 1.23 1.73 6.13
Other N/C Assets 0 0 0 0 0.6
Current Assets 52.66 59.52 61.08 82.63 97.42
Total Assets 58.46 65.85 71.61 92.43 114.28
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 6.9 20.85 18.9 21.84 25.58
Adjustment 1.96 2.78 3.44 3.98 5.14
Changes in Assets & Liabilities -6.19 -7.57 -5.99 -14.34 -20.93
Tax Paid -1.4 -6.14 -4.85 -5.11 -6.12
Operating Cash Flow 1.27 9.92 11.5 6.36 3.66
Investing Cash Flow -2.21 -1.99 -1.54 -2.06 -3.8
Financing Cash Flow 0.54 -7.18 -8.78 -2.86 -2.63
Net Cash Flow -0.4 0.75 1.18 1.45 -2.76

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 58.02 58.02 58.02 58.02 58.01
sharad jayprakash ... 8.64 - 8.64 8.64 8.64
sharad taparia - - - - -
sharad jaiprakash ... - 8.64 - - -
mukul taparia 8.04 8.04 8.04 8.04 8.04
shyamsunder taparia 9.87 9.87 9.87 9.87 9.87
kamladevi taparia 8.44 8.44 8.44 8.44 8.44
jaiprakash hanuman... 5.42 - 5.42 5.42 5.42
rameshchandra mada... 7.09 7.20 7.20 7.20 7.20
jayprakash hanuman... - 5.42 - - -
poornimadevi rames... 3.15 3.15 3.15 3.15 3.15
sunitadevi taparia 2.40 2.40 2.40 2.40 2.40
jaiprakash taparia... - 2.36 2.36 2.36 2.36
jai prakash tapari... - - - - -
jai prakash tapari... 2.36 - - - -
anupkumar taparia 2.15 2.15 2.15 2.15 2.15
shriniwas company ... - 2.04 - - -
shriniwas company ... 2.04 - 2.04 2.04 2.04
nymph properties p... 1.86 1.86 1.86 1.86 1.86
rameshchandra tapa... - 1.57 1.57 1.57 1.57
rameshchandra tapa... 1.49 - - - -
anil kumar taparia 1.38 1.38 1.38 1.38 1.38
anupkumar taparia,... - 1.32 1.32 1.32 1.32
anupkumar taparia ... 1.32 - - - -
sunilkumar taparia 1.14 1.14 1.14 1.14 1.14
megh exim private ... - 1.02 - - -
megh exim private ... - - 1.02 - -
megh exim llp 1.02 - - 1.02 1.02
seemadevi taparia 0.62 0.62 0.62 0.62 0.62
manmohan taparia 0.58 0.58 0.58 0.58 0.58
yamini taparia 0.55 0.55 0.55 0.55 0.55
rishi taparia 0.48 0.48 0.48 0.48 0.48
anilkumar taparia,... - 0.46 0.46 0.46 0.46
anilkumar taparia ... 0.46 - - - -
sunaina s taparia 0.40 - 0.40 0.40 0.40
sunaina taparia - 0.40 - - -
bank of rajasthan ... 0.36 0.36 0.36 0.36 0.36
shyamsunder tapari... 0.23 - - - -
shyamsunder tapari... - 0.23 0.23 0.23 0.23
sunilkumar taparia... - 0.06 - 0.06 0.06
sunilkumar taparia... 0.06 - - - -
sunilkumar taparia... - - 0.06 - -
divya taparia 0.04 0.04 0.04 0.04 0.04
ritu taparia 0.02 0.02 0.02 0.02 0.02
rashi mittal 0.01 - - - -
rashi taparia - 0.01 0.01 0.01 0.01
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 41.98 41.98 41.98 41.98 41.99
hitesh ramji javeri 3.20 3.20 3.20 3.20 3.20
dipak kanayalal sh... 2.16 - 2.15 2.15 2.16
dipak shah - 2.13 - - -
harsha hitesh jave... 1.74 1.74 1.74 1.74 1.74
sangeetha s 1.12 1.16 1.16 1.15 1.13
corporate body - b... - - 0.02 - 0.04

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY22 21 Jun 2022

Company News

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 - Quaterly Results11 Nov 2022, 3:46PM Permanent Magnets informs about details of loss of share certificates9 Nov 2022, 12:50PM Permanent Magnets informs about board meeting 3 Nov 2022, 12:36PM Permanent Magnets informs about disclosure12 Sep 2022, 4:37PM Permanent Magnets informs about loss of share certificates5 Sep 2022, 4:46PM Permanent Magnets informs about newspaper publication 11 Aug 2022, 12:42PM Permanent Magnets informs about outcome of board meeting9 Aug 2022, 4:25PM Permanent Magnets - Quaterly Results9 Aug 2022, 1:06PM Permanent Magnets - Quaterly Results9 Aug 2022, 1:06PM Permanent Magnets - Quaterly Results9 Aug 2022, 1:06PM Permanent Magnets informs about press release1 Jun 2022, 5:02PM Permanent Magnets informs about issuance of duplicate share certificates30 Apr 2022, 11:31AM Permanent Magnets informs about compliance certificate11 Apr 2022, 10:37AM Permanent Magnets informs about closure of trading window31 Mar 2022, 12:20PM Permanent Magnets - Quaterly Results11 Feb 2022, 1:39PM Permanent Magnets informs about issuance of duplicate share certificate10 Jan 2022, 1:44PM Permanent Magnets informs about loss of share certificates9 Dec 2021, 11:35AM Permanent Magnets informs about details of loss of share certificate20 Nov 2021, 10:59AM Permanent Magnets informs about loss of share certificates18 Nov 2021, 10:18AM Permanent Magnets informs about disclosure11 Oct 2021, 1:50PM Permanent Magnets informs about closure of trading window29 Sep 2021, 11:48AM Permanent Magnets informs about scrutinizer's report18 Aug 2021, 1:31PM Permanent Magnets informs about RTA certificate6 Jul 2021, 3:42PM Permanent Magnets informs about disclosure22 Jun 2021, 3:42PM Permanent Magnets informs about shareholder’s meet14 Jun 2021, 4:22PM Permanent Magnets informs about audited standalone financial results8 Jun 2021, 2:41PM Permanent Magnets submits extract of audited financial results 29 May 2021, 3:03PM Permanent Magnets informs about extract of audited financial results29 May 2021, 2:22PM Permanent Magnets board approves dividend28 May 2021, 4:37PM Permanent Magnets informs about board meeting20 May 2021, 12:52PM Permanent Magnets informs about issue of duplicate share certificate30 Jan 2021, 11:46AM Permanent Magnets informs about company updates3 Oct 2020, 2:32PM Permanent Magnets informs about clarification6 Aug 2020, 3:13PM

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 26.1774430353406 which is high and comparatively 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 18.4268975830317 % 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 3.26434439961936 .

  • 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 26.0437008713918 % .(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 0.0337 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 4.44329435336539 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 10.997152022681 % which is poor 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 20.6749712572011 %.

  • 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 1.2 and the yield is 0.1684 %.

 

Brief about Permanent Magnets

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