Permanent Magnets MD, chairman, board of directors and AGM
NSE: PERMAGNBSE: 504132Electrical EquipmentSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹900.85.
- Next results date: the board meets on 24 Oct 2026 to consider: quarterly results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹737 Cr1,676th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 11 Oct 2026
- 59.3
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1.74 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 52.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 11 Oct 2026
- 4.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.26%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 11 Oct 2026
- 8.2%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1.74 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 9.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 11 Oct 2026
- 9.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 11 Oct 2026
- 0.45
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,25965.7% delivered
Permanent Magnets board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorSharad Taparia
- ChairpersonNirmal Kumar Jain
- Company Secretary and Compliance OfficerRachana Sawant
6 directors2 independent1 executive3 non-executive
- Sharad Taparia · Managing directorExecutive · joined May 2008 · reappointed Apr 2026 · 1 listed board · 1 committee seat
- Mukul TapariaNon-executive · joined Sep 2014 · 1 listed board · 1 committee seat
- Sunaina TapariaNon-executive · joined Apr 2015 · reappointed Aug 2026 · 1 listed board
- Girish Ramanlal DesaiNon-executive · joined Apr 2020 · 1 listed board
- Kamal BinaniIndependent · joined Dec 2017 · reappointed Dec 2022 · 105 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Nirmal Kumar Jain · ChairpersonIndependent · joined Aug 2024 · 25 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 3 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Sep 20266 of 6 present2 independent · 56 days in between
- 4 Aug 20266 of 6 present2 independent · 59 days in between
- 5 Jun 20265 of 6 present2 independent · 22 days in between
- 13 May 20266 of 6 present2 independent · 8 days in between
1 earlier meeting
- 4 May 20266 of 6 present2 independent
Audit Committee
Chair Nirmal Kumar Jain
Kamal Binani, Sharad Taparia
- 30 Sep 20263 of 3 present2 independent · 56 days in between
- 4 Aug 20263 of 3 present2 independent · 59 days in between
- 5 Jun 20263 of 3 present2 independent
- 13 May 20263 of 3 present2 independent
1 earlier meeting
- 4 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Kamal Binani
Nirmal Kumar Jain, Mukul Taparia
- 30 Sep 20263 of 3 present2 independent · 139 days in between
- 13 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Nirmal Kumar Jain
Kamal Binani, Mukul Taparia
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Nirmal Kumar Jain
Sharad Taparia, Mukul Taparia
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Jayesh Sanghrajka & Co. LLPPeer-review certificate valid to May 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Permanent Magnets AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Permanent Magnets dividend history
Annual general meeting, 5 Aug 2026
17,891 shareholders on the register on 28 Jul 2026; present: 20 promoters and 29 others; votes counted by Mr. Arun Dash / M/s Arun Dash & Associates.The company's voting result (opens in a new tab)
To consider and adopt (a) the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.86% · promoters 100.00% · institutions 0.00% · other public 9.18%
- To declare a final dividend of Rs. 2.20 per equity share, for the financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.86% · promoters 100.00% · institutions 0.00% · other public 9.18%
- To appoint a director in place of Sunaina Taparia (DIN: 07139610), who retires by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.97% · promoters 98.46% · institutions 0.00% · other public 9.18%
- Alteration of the Object Clause of the Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.86% · promoters 100.00% · institutions 0.00% · other public 9.18%
- Approval for the Increase in Limits of Borrowings under Section 180(1)(c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.86% · promoters 100.00% · institutions 0.00% · other public 9.18%
- Approval for Increase in the limits for creation of charge, mortgage, hypothecation on or otherwise encumbering the movable and immovable properties of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.86% · promoters 100.00% · institutions 0.00% · other public 9.18%
- Consent of Members for Increase in Limits under Section 186 of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.86% · promoters 100.00% · institutions 0.00% · other public 9.18%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.86% · promoters 100.00% · institutions 0.00% · other public 9.18%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.