- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0005642

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. It is a listed company as per MCA records. 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 2026. 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 102 cases involving the company, including 42 filed by the company and 60 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. 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
CIN history
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
Permanent Magnets Limited's registered office is in Silvassa, Dadra And Nagar Haveli. Its website is pmlindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Permanent Magnets Limited, buy the company report.
- 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
Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Permanent Magnets Limited, buy the company report.
Financials of Permanent Magnets Limited
FY 2025-26 filings availablePermanent Magnets Limited reported revenue of ₹226.24 Cr (up 10.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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
| 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 |
To see the full year-wise statements and ratios of Permanent Magnets Limited, buy the company report.
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.
| 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 1 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 |
Auditor
Permanent Magnets Limited is audited by M/S. Jayesh Sanghrajka & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S. Jayesh Sanghrajka & Co. LLP | FY 2023 | 104184W/W100075 |
Shareholding
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 | 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2026 | 101288497 | Others | ₹27 Lakh | Open | |
| 24 Mar 2026 | 101259610 | Others | ₹15 Cr | Open | |
| 02 Feb 2026 | 101239580 | Others | ₹15 Lakh | Open | |
| 07 Aug 2025 | 101137221 | Others | ₹24.5 Lakh | Open | |
| 27 Jun 2025 | 101124017 | State Bank of India | ₹2.41 Cr | Open |
To see the full charge records of Permanent Magnets Limited, buy the company report.
Total charge records: 51 View all charges
Deals & funding
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.
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 |
To see the full deal history of Permanent Magnets Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Permanent Magnets Limited has 102 court cases on record: 42 filed by Permanent Magnets, 60 filed against it. 11 cases are pending and 91 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 65 | 37 | 5 |
| District courts | 32 | 20 | 6 |
| Supreme Court | 5 | 3 | 0 |
Cases on record (5 of 102)
| 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 Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Vikarsh Nano Technology and Alloys Pvt Ltd | 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 | Filed against the company | Pending |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company | Pending |
To see the full case history of Permanent Magnets Limited, buy the company report.
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
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 |
To see the full MSME payment records of Permanent Magnets Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Permanent Magnets Limited has a workforce of 143 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Permanent Magnets has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP2231M1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Permanent Magnets Limited, buy the company report.
Recent activity
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.
111 earlier events are in the company report.
News
Frequently asked questions
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 latest financial statements of Permanent Magnets on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.
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 a listed company as per MCA records. Its shares are listed on both BSE (code: 504132) and NSE (symbol: PERMAGN).
Permanent Magnets has 102 court cases on record: 42 filed by the company and 60 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.
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.