MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0005642
Permanent Magnets Limited - machinery and equipment in Silvassa, Dadra And Nagar Haveli, India. FY 2026 financials & compliance.
Active Listed - NSE: PERMAGN · BSE: 504132 Public Limited Company machinery and equipment MSME · Medium
Market Cap
₹779 Cr
PERMAGN · NSE
Share Price
₹906.05
+0.38% today
Revenue
₹226 Cr
FY 2025-26 · +10.3% YoY
EBITDA
₹35.28 Cr
Margin 15.6%
Net Profit
₹15.86 Cr
FY 2025-26 · +0.8% YoY
P/E (TTM)
58.8x
P/B 4.9x
ROE
9.8%
ROCE 12.9%
Debt / Equity
0.37
Interest cover 21.4x
About Permanent Magnets Limited
Data last updated:
Permanent Magnets Limited is a public limited company based in Silvassa, Dadra And Nagar Haveli, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 26 November 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L27100DN1960PLC000371. Its GSTIN is 27AAACP2231M1ZH (Maharashtra). The company holds 3 GST registrations, of which 1 is active. Its shares are listed on BSE: 504132 and NSE: PERMAGN.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹8.6 Cr. It is led by directors including Sharad Taparia (Managing Director) and Mukul Taparia.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Harsh Avenue 302 3rd Floor Opp Silvassa Police Station Silvassa Va, Pi Main Rd, Dadra and Nagar Haveli, India – 396230.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹226.24 Cr, a growth of 10.3% compared to the previous year. For the same year it recorded a net profit of ₹15.86 Cr (net margin 7%) and EBITDA of ₹35.28 Cr (EBITDA margin 15.6%). The net worth stands at ₹157.39 Cr (up 9.3% YoY). Total assets are valued at ₹247.95 Cr (up 47% YoY).
The company has about 143 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Permanent Magnets. As per MCA filings, the company has open charges of ₹54.07 Cr and satisfied charges of ₹67.88 Cr on record. Court records list 99 cases involving the company, including 41 filed by the company and 51 filed against it; 11 cases are pending. The company has 7 deals on record (4 market trades, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.77 Cr; the latest was in February 2025. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Nilkamal Storage Systems Private Limited with revenue of ₹213.95 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 248 overdue payments to 51 micro and small suppliers.
Permanent Magnets Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0005642). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pmlindia.com.
Company Details of Permanent Magnets Limited
CIN L27100DN1960PLC000371
Registration Number 000371
Incorporation Date 26 November 1960
ROC Ahmedabad
Listing Status Listed (BSE: 504132, NSE: PERMAGN)
Company Status Active
Date of Last AGM 07 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0005642
CIN History of Permanent Magnets Limited
Permanent Magnets has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27100DN1960PLC000371, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27100DN1960PLC000371 | Current |
| L27100GJ1960PLC001002 | Previous |
| U27100GJ1960PLC001002 | Previous |
Recognitions & Rankings of Permanent Magnets
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHarsh Avenue 302 3rd Floor Opp Silvassa Police Station Silvassa Va, Pi Main Rd, Dadra and Nagar Haveli, India – 396230
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
Comprehensive company report
Permanent Magnets Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Permanent Magnets Limited
Permanent Magnets operates one associated brand: Permanent Magnets. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of magents | pmlindia.com |
Business Activity of Permanent Magnets Limited
The main business activity of Permanent Magnets is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Permanent Magnets Limited FY 2025-26 filings available
Permanent Magnets Limited reported revenue of ₹226.24 Cr (up 10.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹226 Cr
+10.3% YoY
EBITDA
₹35.28 Cr
+15.7% YoY
Profit After Tax
₹15.86 Cr
+0.8% YoY
Net Worth
₹157 Cr
+9.3% YoY
Total Assets
₹248 Cr
+47.0% YoY
Total Debt
₹87.99 Cr
+269.6% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 226 | 205 | 201 |
| Revenue growth | +10.3% | +1.8% | - |
| EBITDA | 35.28 | 30.49 | 34.41 |
| EBITDA margin | +15.6% | +14.9% | +17.1% |
| Profit before tax | 22.39 | 20.77 | 28.27 |
| Net profit | 15.86 | 15.74 | 20.19 |
| Net profit margin | +7.0% | +7.7% | +10.0% |
| EPS (₹) | 17.17 | 18.31 | 23.49 |
| Balance sheet | |||
| Total assets | 248 | 169 | 155 |
| Net worth | 157 | 144 | 130 |
| Total debt | 87.99 | 23.81 | 16.22 |
| Cash & bank | 51.31 | 19.27 | 40.32 |
| Net working capital | 139 | 99.26 | 108 |
| Cash flow | |||
| Cash from operations | 17.58 | 39.15 | 22.73 |
| Cash from investing | (43.33) | (29.07) | (22.07) |
| Cash from financing | 48.42 | (9.49) | 2.79 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 63.23 | 66.54 | 57.02 | 49.13 | 53.55 | 45.28 | 49.35 | 56.10 |
| Revenue growth (YoY) | +18.1% | +47.0% | +15.5% | -12.4% | -1.4% | - | - | - |
| Other income | 0.93 | 2.54 | 1.39 | 1.38 | 1.24 | 0.45 | 1.06 | 1.29 |
| EBITDA | 10.97 | 9.49 | 8.28 | 6.00 | 10.69 | 5.05 | 6.29 | 10.69 |
| EBITDA margin | +17.3% | +14.3% | +14.5% | +12.2% | +20.0% | +11.2% | +12.7% | +19.1% |
| Depreciation | 3.54 | 5.12 | 3.55 | 3.21 | 2.64 | 3.53 | 3.17 | 2.50 |
| Interest | 2.37 | 1.56 | 1.45 | 0.47 | 0.62 | 0.28 | 1.03 | 0.55 |
| Profit before tax | 5.99 | 5.35 | 4.67 | 3.70 | 8.67 | 1.69 | 3.15 | 8.93 |
| Tax | 2.19 | 1.36 | 2.42 | 1.33 | 2.50 | 0.11 | 1.11 | 1.83 |
| Net profit | 3.80 | 3.99 | 2.25 | 2.37 | 6.17 | 1.58 | 2.04 | 7.10 |
| EPS (₹) | 4.42 | 4.99 | 2.62 | 2.76 | 7.17 | 1.82 | 2.38 | 8.25 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 225 | 200 | 201 | 183 | 130 | 117 | 107 |
| Revenue growth | +13.0% | -1.0% | +10.3% | +41.1% | +11.0% | +9.5% | - |
| EBITDA | 37.56 | 27.27 | 35.48 | 41.32 | 26.78 | 25.27 | 20.60 |
| EBITDA margin | +16.7% | +13.7% | +17.6% | +22.6% | +20.7% | +21.7% | +19.3% |
| Profit before tax | 27.70 | 20.26 | 30.91 | 39.96 | 25.57 | 21.83 | 18.93 |
| Net profit | 21.60 | 15.16 | 22.73 | 29.74 | 19.01 | 16.14 | 14.31 |
| Net profit margin | +9.6% | +7.6% | +11.3% | +16.3% | +14.7% | +13.8% | +13.4% |
| EPS (₹) | 23.71 | 17.64 | 26.44 | 34.59 | 22.15 | 18.77 | 16.65 |
| Balance sheet | |||||||
| Total assets | 205 | 167 | 153 | 119 | 89.16 | 69.85 | 53.80 |
| Net worth | 165 | 146 | 132 | 111 | 82.22 | 64.03 | 47.87 |
| Total debt | 37.42 | 19.99 | 15.25 | 7.60 | 4.80 | 3.19 | 2.05 |
| Cash & bank | 31.19 | 19.08 | 40.30 | 11.76 | 15.23 | 22.78 | 8.14 |
| Net working capital | 118 | 106 | 114 | 89.25 | 70.61 | 58.50 | 41.76 |
| Cash flow | |||||||
| Cash from operations | 31.39 | 36.30 | 19.36 | 11.47 | 3.66 | 6.36 | 11.50 |
| Cash from investing | (27.75) | (27.59) | (17.94) | (9.52) | (3.80) | (2.06) | (1.54) |
| Cash from financing | 2.91 | (8.31) | 2.02 | (1.23) | (2.63) | (2.86) | (8.78) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 63.23 | 66.54 | 57.02 | 48.74 | 53.16 | 45.28 | 49.34 | 50.60 |
| Revenue growth (YoY) | +18.9% | +47.0% | +15.6% | -3.7% | -2.1% | - | - | - |
| Other income | 0.82 | 2.18 | 1.56 | 1.55 | 1.37 | 0.53 | 1.18 | 1.48 |
| Total expenses | 51.30 | 56.63 | 48.14 | 41.88 | 42.01 | 39.99 | 42.63 | 44.01 |
| EBITDA | 11.93 | 9.91 | 8.88 | 6.86 | 11.15 | 5.29 | 6.71 | 6.59 |
| EBITDA margin | +18.9% | +14.9% | +15.6% | +14.1% | +21.0% | +11.7% | +13.6% | +13.0% |
| Depreciation | 3.11 | 4.87 | 2.87 | 2.74 | 2.16 | 2.86 | 2.68 | 2.02 |
| Interest | 1.12 | 1.06 | 1.06 | 0.43 | 0.57 | 0.21 | 0.98 | 0.49 |
| Profit before tax | 8.52 | 6.16 | 6.51 | 5.24 | 9.79 | 2.75 | 4.23 | 5.56 |
| Tax | 2.27 | 1.00 | 2.45 | 1.35 | 2.51 | 0.12 | 1.16 | 1.83 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 63.23 | 66.54 | 57.02 | 49.13 | 53.55 | 45.28 | 49.35 | 56.10 |
| Revenue growth (YoY) | +18.1% | +47.0% | +15.5% | -12.4% | -1.4% | - | - | - |
| Other income | 0.93 | 2.54 | 1.39 | 1.38 | 1.24 | 0.45 | 1.06 | 1.29 |
| EBITDA | 10.97 | 9.49 | 8.28 | 6.00 | 10.69 | 5.05 | 6.29 | 10.69 |
| EBITDA margin | +17.3% | +14.3% | +14.5% | +12.2% | +20.0% | +11.2% | +12.7% | +19.1% |
| Depreciation | 3.54 | 5.12 | 3.55 | 3.21 | 2.64 | 3.53 | 3.17 | 2.50 |
| Interest | 2.37 | 1.56 | 1.45 | 0.47 | 0.62 | 0.28 | 1.03 | 0.55 |
| Profit before tax | 5.99 | 5.35 | 4.67 | 3.70 | 8.67 | 1.69 | 3.15 | 8.93 |
| Tax | 2.19 | 1.36 | 2.42 | 1.33 | 2.50 | 0.11 | 1.11 | 1.83 |
| Net profit | 3.80 | 3.99 | 2.25 | 2.37 | 6.17 | 1.58 | 2.04 | 7.10 |
| EPS (₹) | 4.42 | 4.99 | 2.62 | 2.76 | 7.17 | 1.82 | 2.38 | 8.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 226 | 205 | 201 |
| Revenue growth | +10.3% | +1.8% | - |
| Other income | 6.07 | 4.16 | 4.45 |
| Total expenses | 191 | 175 | 167 |
| Employee cost | 15.69 | 13.03 | 11.85 |
| EBITDA | 35.28 | 30.49 | 34.41 |
| EBITDA margin | +15.6% | +14.9% | +17.1% |
| Depreciation | 14.52 | 11.43 | 8.26 |
| Interest | 4.44 | 2.45 | 2.33 |
| Profit before tax | 22.39 | 20.77 | 28.27 |
| Tax | 7.62 | 5.02 | 8.07 |
| Net profit | 15.86 | 15.74 | 20.19 |
| Net profit margin | +7.0% | +7.7% | +10.0% |
| EPS (₹) | 17.17 | 18.31 | 23.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 8.60 | 8.60 | 8.60 |
| Reserves & surplus | 149 | 135 | 121 |
| Shareholders' funds (net worth) | 157 | 144 | 130 |
| Minority interest | 0.00 | 0.00 | 0.00 |
| Secured loans | 22.50 | 11.37 | 13.42 |
| Unsecured loans | 65.49 | 12.44 | 2.80 |
| Total debt | 87.99 | 23.81 | 16.22 |
| Total liabilities | 248 | 169 | 155 |
| Assets | |||
| Gross block | 125 | 95.55 | 62.40 |
| Net block | 77.94 | 61.82 | 40.09 |
| Capital work in progress | 8.08 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 |
| Inventories | 56.19 | 54.15 | 54.89 |
| Sundry debtors | 54.68 | 39.25 | 39.69 |
| Cash & bank balances | 51.31 | 19.27 | 40.32 |
| Loans & advances | 10.64 | 12.07 | 8.97 |
| Total current assets | 173 | 125 | 144 |
| Total current liabilities | 34.07 | 25.48 | 36.26 |
| Net working capital | 139 | 99.26 | 108 |
| Total assets | 248 | 169 | 155 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 5.44 | 4.85 | 1.40 |
| Net cash from operating activities | 17.58 | 39.15 | 22.73 |
| Net cash from investing activities | (43.33) | (29.07) | (22.07) |
| Net cash from financing activities | 48.42 | (9.49) | 2.79 |
| Net change in cash | 22.67 | 0.59 | 3.45 |
| Closing cash | 51.31 | 19.27 | 40.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +10.3% | +1.8% | - |
| EBITDA growth | +15.7% | -11.4% | - |
| PBT growth | +7.8% | -26.5% | +9997.0% |
| Net income growth | +0.8% | -22.0% | - |
| Profitability & leverage | |||
| Net income margin | +6.5% | +7.7% | +10.0% |
| Return on capital employed | +12.9% | +14.4% | +19.7% |
| Return on net worth | +9.8% | +11.5% | +15.6% |
| Debt / equity | 0.37 | 0.15 | 0.12 |
| Long-term debt / equity | 0.32 | 0.10 | 0.08 |
| Interest cover | 21.39 | 12.85 | 8.91 |
| Efficiency & per share | |||
| Fixed asset turnover | 2.05 | 2.60 | 3.23 |
| Inventory turnover | 4.10 | 3.76 | 3.67 |
| Debtors turnover | 4.82 | 5.20 | 5.08 |
| EPS (₹) | 17.17 | 18.31 | 23.49 |
| Dividend per share (₹) | 2.20 | 2.00 | 1.80 |
| Book value per share (₹) | 183.01 | 167.49 | 150.99 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 63.23 | 66.54 | 57.02 | 48.74 | 53.16 | 45.28 | 49.34 | 50.60 |
| Revenue growth (YoY) | +18.9% | +47.0% | +15.6% | -3.7% | -2.1% | - | - | - |
| Other income | 0.82 | 2.18 | 1.56 | 1.55 | 1.37 | 0.53 | 1.18 | 1.48 |
| Total expenses | 51.30 | 56.63 | 48.14 | 41.88 | 42.01 | 39.99 | 42.63 | 44.01 |
| EBITDA | 11.93 | 9.91 | 8.88 | 6.86 | 11.15 | 5.29 | 6.71 | 6.59 |
| EBITDA margin | +18.9% | +14.9% | +15.6% | +14.1% | +21.0% | +11.7% | +13.6% | +13.0% |
| Depreciation | 3.11 | 4.87 | 2.87 | 2.74 | 2.16 | 2.86 | 2.68 | 2.02 |
| Interest | 1.12 | 1.06 | 1.06 | 0.43 | 0.57 | 0.21 | 0.98 | 0.49 |
| Profit before tax | 8.52 | 6.16 | 6.51 | 5.24 | 9.79 | 2.75 | 4.23 | 5.56 |
| Tax | 2.27 | 1.00 | 2.45 | 1.35 | 2.51 | 0.12 | 1.16 | 1.83 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 225 | 200 | 201 | 183 | 130 | 117 | 107 |
| Revenue growth | +13.0% | -1.0% | +10.3% | +41.1% | +11.0% | +9.5% | - |
| Other income | 6.20 | 4.54 | 4.40 | 5.45 | 3.75 | 0.89 | 2.70 |
| Total expenses | 188 | 172 | 166 | 141 | 103 | 91.41 | 85.96 |
| Employee cost | 14.72 | 12.19 | 11.45 | 9.49 | 7.95 | 7.45 | 7.63 |
| EBITDA | 37.56 | 27.27 | 35.48 | 41.32 | 26.78 | 25.27 | 20.60 |
| EBITDA margin | +16.7% | +13.7% | +17.6% | +22.6% | +20.7% | +21.7% | +19.3% |
| Depreciation | 12.63 | 9.34 | 6.87 | 5.49 | 4.06 | 3.29 | 2.99 |
| Interest | 3.43 | 2.21 | 2.10 | 1.32 | 0.90 | 1.04 | 1.38 |
| Profit before tax | 27.70 | 20.26 | 30.91 | 39.96 | 25.57 | 21.83 | 18.93 |
| Tax | 7.31 | 5.09 | 8.17 | 10.21 | 6.52 | 5.69 | 4.61 |
| Net profit | 21.60 | 15.16 | 22.73 | 29.74 | 19.01 | 16.14 | 14.31 |
| Net profit margin | +9.6% | +7.6% | +11.3% | +16.3% | +14.7% | +13.8% | +13.4% |
| EPS (₹) | 23.71 | 17.64 | 26.44 | 34.59 | 22.15 | 18.77 | 16.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 |
| Reserves & surplus | 156 | 137 | 124 | 102 | 73.62 | 55.43 | 39.27 |
| Shareholders' funds (net worth) | 165 | 146 | 132 | 111 | 82.22 | 64.03 | 47.87 |
| Secured loans | 22.50 | 11.39 | 13.42 | 5.98 | 2.77 | 1.85 | 1.96 |
| Unsecured loans | 14.92 | 8.60 | 1.83 | 1.62 | 2.03 | 1.34 | 0.09 |
| Total debt | 37.42 | 19.99 | 15.25 | 7.60 | 4.80 | 3.19 | 2.05 |
| Total liabilities | 205 | 167 | 153 | 119 | 89.16 | 69.85 | 53.80 |
| Assets | |||||||
| Gross block | 114 | 84.60 | 52.94 | 28.09 | 24.45 | 18.67 | 16.42 |
| Net block | 72.32 | 54.36 | 32.02 | 13.96 | 10.12 | 8.06 | 9.29 |
| Capital work in progress | 3.37 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.05 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 55.25 | 53.11 | 54.87 | 53.39 | 37.29 | 21.01 | 19.25 |
| Sundry debtors | 54.68 | 39.24 | 39.68 | 50.95 | 35.45 | 32.87 | 27.30 |
| Cash & bank balances | 31.19 | 19.08 | 40.30 | 11.76 | 15.23 | 22.78 | 8.14 |
| Loans & advances | 9.89 | 17.54 | 9.54 | 5.19 | 9.45 | 5.98 | 6.39 |
| Total current assets | 151 | 129 | 144 | 121 | 97.42 | 82.64 | 61.08 |
| Total current liabilities | 33.44 | 23.13 | 30.06 | 32.04 | 26.81 | 24.14 | 19.32 |
| Net working capital | 118 | 106 | 114 | 89.25 | 70.61 | 58.50 | 41.76 |
| Total assets | 205 | 167 | 153 | 119 | 89.16 | 69.85 | 53.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.24 | 4.84 | 1.40 | 0.68 | 3.43 | 1.98 | 0.81 |
| Net cash from operating activities | 31.39 | 36.30 | 19.36 | 11.47 | 3.66 | 6.36 | 11.50 |
| Net cash from investing activities | (27.75) | (27.59) | (17.94) | (9.52) | (3.80) | (2.06) | (1.54) |
| Net cash from financing activities | 2.91 | (8.31) | 2.02 | (1.23) | (2.63) | (2.86) | (8.78) |
| Net change in cash | 6.55 | 0.40 | 3.44 | 0.72 | (2.76) | 1.45 | 1.18 |
| Closing cash | 31.19 | 19.08 | 40.30 | 11.76 | 15.23 | 22.78 | 8.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.0% | -1.0% | +10.3% | +41.1% | +11.0% | +9.5% | - |
| EBITDA growth | +37.7% | -23.1% | -14.1% | +54.3% | +6.0% | +22.7% | - |
| PBT growth | +36.7% | -34.5% | -22.7% | +56.3% | +17.1% | +15.3% | -9.0% |
| Net income growth | +42.5% | -33.3% | -23.6% | +56.4% | +17.8% | +12.8% | - |
| Revenue CAGR (3Y) | +7.3% | +15.5% | +20.0% | +19.7% | +2.3% | +7.9% | +14.0% |
| EBITDA CAGR (3Y) | -3.1% | +0.6% | +12.0% | +26.1% | +5.3% | +44.1% | +85.1% |
| Profitability & leverage | |||||||
| Net income margin | +9.0% | +7.6% | +11.3% | +16.3% | +14.7% | +13.8% | +13.4% |
| Return on capital employed | +16.8% | +14.1% | +24.3% | +39.6% | +33.3% | +37.0% | +42.2% |
| Return on net worth | +13.1% | +10.9% | +18.7% | +30.8% | +26.0% | +28.9% | +35.3% |
| Debt / equity | 0.18 | 0.13 | 0.09 | 0.06 | 0.05 | 0.05 | 0.13 |
| Long-term debt / equity | 0.14 | 0.09 | 0.06 | 0.03 | 0.02 | 0.03 | 0.05 |
| Interest cover | 13.76 | 12.33 | 7.34 | 3.68 | 3.96 | 4.73 | 7.84 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.27 | 2.90 | 4.97 | 6.96 | 6.01 | 6.65 | 8.28 |
| Inventory turnover | 4.16 | 3.70 | 3.72 | 4.03 | 4.44 | 5.80 | 5.79 |
| Debtors turnover | 4.80 | 5.06 | 4.45 | 4.23 | 3.79 | 3.88 | 3.60 |
| EPS (₹) | 23.71 | 17.64 | 26.44 | 34.59 | 22.15 | 18.77 | 16.65 |
| Dividend per share (₹) | 2.20 | 2.00 | 1.80 | 1.50 | 1.20 | 1.00 | 0.00 |
| Book value per share (₹) | 191.83 | 169.77 | 153.94 | 129.01 | 95.62 | 74.46 | 55.68 |
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Board of Directors of Permanent Magnets Limited
Permanent Magnets has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Taparia Also directs: Permanent Magnets Limited, Quantum Magnetics Private Limited | Managing Director | 15 May 2008 | 18 Years 5 Months | Current |
| Mukul Taparia Also directs: Permanent Magnets Limited, Quantum Magnetics Private Limited, Pregna International Limited and 2 more | Director | 22 Sep 2014 | 12 Years 0 Months | Current |
| Sunaina Taparia Also directs: Permanent Magnets Limited | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Kamal Binani Also directs: Permanent Magnets Limited, Pregna International Limited, Indo Industries Private Limited and 1 more | Director | 26 Dec 2017 | 8 Years 9 Months | Current |
| Girish Ramanlal Desai Also directs: Permanent Magnets Limited | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Nirmal Kumar Jain Also directs: Permanent Magnets Limited, JSW Holdings Limited, Epsilon Carbon Private Limited and 1 more | Director | 09 Aug 2024 | 2 Years 2 Months | Current |
Peer Comparison of Permanent Magnets Limited
Permanent Magnets Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Permanent Magnets Limited this company | ₹226.24 Cr (FY 2026) | •••• | •••• | 10.3% | •••• | Silvassa, Dadra And Nagar Haveli, India |
| Nilkamal Storage Systems Private Limited | ₹213.95 Cr (FY 2020) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Innov Engineering Private Limited | ₹213.06 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| Nature Green Tools & Machines Private Limited | ₹212.93 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Dhoom, Uttar Pradesh, India |
| Ziehl-Abegg India Private Limited | ₹210.04 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Khed, Maharashtra, India |
| Sahuwala Cylinders Private Limited | ₹209.81 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Andhra Pradesh, India |
| Deerfos India Private Limited | ₹208.56 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jhajjr, Haryana, India |
| Fluid Controls Limited | ₹208.4 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Khed, Maharashtra, India |
| Jai Hind Rolling Mills India Private Limited | ₹207.5 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Hindupur, Andhra Pradesh, India |
| N R C Industries Limited | ₹206.66 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Amritsar, Punjab, India |
| Voith Paper Fabrics India Limited Listed | ₹206.62 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Farida Bad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Permanent Magnets by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Permanent Magnets Limited
Permanent Magnets Limited is audited by M/S. Jayesh Sanghrajka & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/S. Jayesh Sanghrajka & Co. LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Shareholding Pattern of Permanent Magnets Limited
Shareholding for the quarter ended Sep 2026: promoters hold 58.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 42.00%.
Sep 2026
QUARTER
58.00% Promoters
42.00% Retail & Others
Promoter holding - history
Now 58.00% · Sep 2026High 58.00% · Dec 2025Low 58.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.00% | 58.00% | 58.00% | 58.00% |
| Public | 42.00% | 42.00% | 42.00% | 42.00% |
Charges & Borrowings of Permanent Magnets Limited
Open charges
₹54.07 Cr
Satisfied charges
₹67.88 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2026 | Others | ₹27 Lakh | Open |
| 24 Mar 2026 | Others | ₹15 Cr | Open |
| 02 Feb 2026 | Others | ₹15 Lakh | Open |
| 07 Aug 2025 | Others | ₹24.5 Lakh | Open |
| 27 Jun 2025 | State Bank of India | ₹2.41 Cr | Open |
Total charge records: 51 View all charges
Deals & Funding of Permanent Magnets Limited
Permanent Magnets Limited has 7 deals on record (4 market trades, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.77 Cr; the latest was in February 2025.
Total deals
7
Market trades
4
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹6.77 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Market trade | ₹4.12 Cr | Seller: Openxcell Technolabs Private Limited |
| Aug 2019 | Market trade | ₹11.23 Cr | Buyer: 2 individuals Seller: Shriniwas Company Private Limited, Megh Exim LLP , an individual |
| Jun 2008 | Funding round | ₹3.92 Cr | Investors: Others - Permanent Magnets Limited, 3 individuals |
| Dec 2007 | Market trade | ₹17.5 Lakh | Buyer: an individual |
| Mar 2007 | Secondary share transfer | Undisclosed | Seller: Others - Permanent Magnets Limited |
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Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Permanent Magnets Limited
Permanent Magnets Limited has 99 court cases on record: 41 filed by Permanent Magnets, 51 filed against it, 7 where it is another party. 11 cases are pending and 88 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Total cases
99
Filed by the company
41
Filed against the company
51
Pending
11
Disposed
88
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 65 | 35 | 5 |
| District courts | 32 | 15 | 6 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 99)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Vikarsh Nano Technology and Alloys Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Vikarsh Nano Technology and Alloys Private Limited | Disposed |
| Bombay High Court | Court case (N) | Filed against the company by Pioneer Ball Industries Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Company is another party | Pending |
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All 99 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Permanent Magnets Limited
Permanent Magnets Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 248 overdue payments to 51 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 51)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Permanent Magnets Limited
Permanent Magnets Limited has a workforce of 143 employees as of Apr 08, 2024.
Employee count
143
Active EPFO establishments
1
Employee growth
11.72%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Permanent Magnets Limited
Permanent Magnets Limited has 20 board changes on record since 1965: 13 appointments and 7 cessations. The latest: Rajeev Jugalkishor Mundra ceased to be Director on 12 Aug 2024.
Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 101288497 was registered on 23 Apr 2026.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101259610 was registered on 24 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101239580 was registered on 02 Feb 2026.
AGM
Permanent Magnets Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 101137221 was registered on 07 Aug 2025.
Charges
A charge with State Bank Of India amounted to Rs. 2.41 Cr with Charge ID 101124017 was registered on 27 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101118438 was registered on 20 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101118938 was registered on 20 Jun 2025.
Filing
Permanent Magnets Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Rajeev Jugalkishor Mundra ceased to be Director.
Appointed
Nirmal Kumar Jain was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 4.70 Cr with Charge ID 100809003 was registered on 08 Nov 2023.
111 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Permanent Magnets Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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Subsidiaries & Group Companies of Permanent Magnets Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Permanent Magnets Limited
Permanent Magnets has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP2231M1ZH | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Permanent Magnets Limited
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Related news about Permanent Magnets Limited
Frequently Asked Questions about Permanent Magnets Limited
Permanent Magnets is an active public limited company based in Silvassa, Dadra And Nagar Haveli, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 November 1960 (66+ years old) and is registered under CIN L27100DN1960PLC000371. Listed on BSE: 504132 and NSE: PERMAGN.
Permanent Magnets reported revenue of ₹226.24 Cr for FY 2025-26 (up 10.3% YoY) based on consolidated financials.
Permanent Magnets has 6 current directors:
- Sharad Taparia - Managing Director
- Mukul Taparia - Director
- Sunaina Taparia - Director
- Kamal Binani - Director
- Girish Ramanlal Desai - Director
- Nirmal Kumar Jain - Director
The GSTIN of Permanent Magnets is 27AAACP2231M1ZH, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Permanent Magnets is L27100DN1960PLC000371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Permanent Magnets is listed on both BSE (code: 504132) and NSE (symbol: PERMAGN).
Permanent Magnets has 99 court cases on record: 41 filed by the company and 51 filed against it. 11 are pending. Most are in the high courts.
Permanent Magnets was incorporated on 26 November 1960, making it 66+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Permanent Magnets has 7 deals on record (4 market trades, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.77 Cr; the latest was in February 2025.
The peers of Permanent Magnets by revenue are Nilkamal Storage Systems Private Limited, Innov Engineering Private Limited, Nature Green Tools & Machines Private Limited, Ziehl-Abegg India Private Limited, Sahuwala Cylinders Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Rajeev Jugalkishor Mundra ceased to be Director on 12 Aug 2024. Nirmal Kumar Jain was appointed as Director on 09 Aug 2024. Girish Ramanlal Desai was appointed as Director on 01 Jun 2020. Permanent Magnets has 20 board changes on record in total.
Yes, Permanent Magnets is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0005642).