Permanent Magnets logo

Permanent Magnets share price

NSE: PERMAGNBSE: 504132Electrical EquipmentSmall Cap

Last close ₹856.90down ₹43.95 (4.88%)BSE ₹864.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹900.85.

52-week range of BSE trades to 23 Oct 2026
₹618.60Low, 19 Mar 2026₹1,014.90High, 23 Oct 2025
Market cap
₹737 Cr1,676th largest listed
P/E
59.3
P/E without one-offs
52.0
P/B
4.7
Dividend yield
0.26%
ROE
8.2%
ROE without one-offs
9.4%
ROCE
9.5%
Debt to equity
0.45
Volume, NSE
7,25965.7% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Aug 2026, adjusted for splits and bonuses

−12.8%over a year on BSE closes · Nifty 500 −9.8%

DividendThe returns and 20-session average are on BSE closes, where the record is longest.20-session average 1,321 shares a day

Results

Standalone, as consolidated accounts are on record for only 3 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 4 Aug

Revenue
₹63 Crdown 4.97%
Net profit
₹6.25 Crup 21.12%
Net margin
9.9%

Revenue by year

Peak revenue ₹225 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 13 NovDec 2024Filed 15 FebMar 2025Filed 12 JunJun 2025Filed 6 AugSep 2025Filed 12 NovDec 2025Filed 9 FebMar 2026Filed 11 OctJun 2026Filed 4 Aug
Revenue50.649.345.353.248.757.066.563.2
Net profit3.73.12.67.33.94.15.26.3
Net margin7.4%6.2%5.8%13.7%8.0%7.1%7.8%9.9%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Engineering and Current Sensing applications, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 93% of 2,321 trading days since Jun 2017.

LowestHighest
Its median26.5Industry median21.3
Price to book

At or below today's level on 41% of 1,968 trading days since Nov 2018.

LowestHighest
Its median4.9Industry median3.1
EV to EBITDA20.4

At or below today's level on 62% of 1,968 trading days since Nov 2018.

LowestHighest
Its median17.2Industry median15.9
Dividend yield

At or below today's level on 89% of 2,442 trading days over the last 10 years.

LowestHighest
Its median0.10%Industry median0.26%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−9.0%+36.5%−33.6%0.3%
3 years−10.9%−11.4%+0.3%0.3%
5 years+27.3%+5.1%+20.9%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters58.07%
  • Indian institutions0.01%
  • Individuals and others41.92%
Holder
MUKUL TAPARIAPromoter16.28%
SHARAD JAIPRAKASH TAPARIAPromoter16.10%
JAIPRAKASH HANUMANBUX TAPARIAPromoter7.20%
KAMALA ANIL TAPARIA, PARTNERPromoter6.77%
MEENA KABRAPromoter2.21%
RAMESH TAPARIAResident individuals, over ₹2 lakh at face value2.20%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Other Electrical Equipment, 84 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Permanent Magnets in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
RIR Power Electronics logoRIR Power ElectronicsRIR1,158142.78.2101.7+12.6%+13.0%6.3%6.6%0.07%
Vivid Electromech logoVivid ElectromechVIVIDEL1,12335.5––––43.1%–0.00%
INDO SMC logoINDO SMCINDOSMC875–––––––0.00%
Salzer Electronics logoSalzer ElectronicsSALZERELEC84619.41.410.0+20.8%–7.7%9.6%0.52%
Kirloskar Electric Company logoKirloskar Electric CompanyKECL726–––+3.4%––10.3%0.00%
Saakshi Medtech and Panels logoSaakshi Medtech and PanelsSAAKSHI71358.0––+25.0%+160.9%11.8%–0.00%
Prostarm Info Systems logoProstarm Info SystemsPROSTARM70419.72.516.1––18.3%12.3%0.00%
Supreme Power Equipment logoSupreme Power EquipmentSUPREMEPWR68327.75.2–––20.7%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹2.20 a share, year to Mar 2026.
Ex-dateTypePer share
28 Jul 2026Final₹2.20
30 Jul 2025Final₹2.00
1 Aug 2024Final₹1.80
23 Aug 2023Final₹1.50
26 Aug 2022Final₹1.20
9 Aug 2021Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

  1. Oct 2026

  2. Sep 2026

Permanent Magnets share price by year

Each calendar year to 2025.Permanent Magnets share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close868.00−10.1%1,202.20607.70
2024BSE close965.95−32.2%1,488.45822.45
2023BSE close1,424.30+118.4%1,659.95642.65
2022BSE close652.20+68.5%756.95279.10
2021BSE close387.15+163.6%468.70142.30
2020BSE close146.85+55.4%171.3053.85
2019BSE close94.50−46.8%193.5075.95
2018BSE close177.75+61.2%193.4069.00
2017BSE close110.30+275.8%116.9018.80
2016BSE close29.35+67.7%34.1513.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026891.00900.85835.60856.90857.177,25965.7%
22 Oct 2026855.00933.95855.00900.85906.1015,69254.8%
21 Oct 2026915.00915.00859.10866.40871.703,68170.6%
19 Oct 2026915.00920.95893.00906.05907.665,55780.7%
16 Oct 2026878.95914.85878.90902.65900.217,48274.7%
15 Oct 2026843.00900.00843.00878.95883.245,67574.5%
14 Oct 2026821.15867.85821.15859.60846.494,25079.9%
13 Oct 2026839.80843.70806.15825.00826.337,84578.3%
12 Oct 2026850.00865.00832.10839.40847.343,04065.6%
9 Oct 2026858.80864.90841.00853.75847.792,91681.5%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Permanent Magnets Limited
NSE symbol
PERMAGN
BSE code
504132
ISIN
INE418E01018
Industry
Electrical Equipment
Listed
Oct 1961
Face value
₹10
CIN
L27103DN1960PLC000371
Corporate identity number, the registrar of companies' code for it