Permanent Magnets Limited (504132) Fair Value & Analysis

Basic Materials · IN · Market cap ₹1.4B

A solid business, but screening 64% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (₹365.02). The favourable scenario is already priced in.
• Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹186.80 – ₹1,654 · fair‑value band ₹204.45 – ₹365.02 · the ₹804.25 price screens above the ₹292.02 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Permanent Magnets Limited (504132) currently trades at ₹804.25, while our model-based Fair Value estimate is ₹292.02, implying the stock looks roughly 63.7% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Permanent Magnets Limited generated revenue of ₹968M at a net margin of 13.4%. Revenue grew 1.7% year over year. It earns a return on equity of 27.9%. Net debt stands at ₹422M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹204.45 (bear case) to ₹365.02 (bull case); at ₹804.25, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 35% below its 52-week high and 30% above its 52-week low. For context, the median of 10 Basic Materials peers we cover trades at -18% fair-value upside, at -64%, 504132 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Widest divergence: Growth Earnings (₹292.08) versus Asset-Based (₹122.64). Highest evidence: Residual Income (76).

Key figures & financial health

Quality Score breakdown

About the company

Permanent Magnets Limited manufactures and sells alnico cast magnets and yoke assemblies, parts, and accessories of electricity meters worldwide.

Full company description

Permanent Magnets Limited manufactures and sells alnico cast magnets and yoke assemblies, parts, and accessories of electricity meters worldwide. The company offers magnetic assemblies, such as magnetic separators and filters to split out iron and other magnetic impurities, lifters to lift alloy plates, sheets, and various other metallic products; and magnetic sweepers, mini electro magnets, holding and retrieving magnets, material handling magnets, office and workshop magnets, calibration services, and alnico magnets. It also provides CTs for energy meter, Nano crystalline and amorphous cut cores, and vaccum heat treatment services; shunt assemblies for energy meters, brass and neutral terminals, and automotive shunts; battery monitoring systems, battery clamps, clamp-on current sensors, and hell shunt modules; slide die-casting products; and magnetic alloys, laminations, flux concentrators, magnetic shields, relay components, torque sensor components, toroidal cores, mumetal foils and sheets, wire shiedling, kits, meters and probes, and aerospace products, as well as annealing and design services. Its products are used in various sectors, such as electronics, power meters, automobile, telecommunication, defense, space research, aeronautics, rail transport, and power generation. Permanent Magnets Limited was incorporated in 1960 and is based in Thane, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Permanent Magnets Limited reported revenue of ₹2.3B in FY2026 versus ₹1.3B in FY2022, a compound +15.0%/yr. Reported net income was ₹148M in FY2026, compounding −6.2%/yr from FY2022.

504132 screens 64% overvalued. Compare with Cochin Minerals and Rutile Limited →

Peer Group

Materials · 3561 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Industrial Metals & Minerals” was too small, so the broader sector is used.)

Valuation Multiples vs Materials median · lower = cheaper

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Industrial Metals & Minerals stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Explore undervalued stocks

More undervalued Basic Materials stocks →

Frequently asked questions

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.