PERMANENT MAGNETS LTD.-$ (PERMAGN) Fair Value & Analysis

Industrials · IN · Market cap ₹8.3B

Below-average quality, and screening another 68% overvalued on our models.

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

What matters now

• The price sits above even our optimistic bull case (₹354.79). The favourable scenario is already priced in.
• Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
• A fairly wide model range (₹191.04 to ₹354.79) leaves room in how you read the outcome.

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 ₹191.04 – ₹354.79 · the ₹865.60 price screens above the ₹272.92 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

PERMANENT MAGNETS LTD.-$ (PERMAGN) currently trades at ₹865.60, while our model-based Fair Value estimate is ₹272.92, implying the stock looks roughly 68.5% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Industrials 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 LTD.-$ generated revenue of ₹2.3B at a net margin of 6.5%. Revenue grew 46.9% year over year. It earns a return on equity of 9.8%. Net debt stands at ₹422M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹191.04 (bear case) to ₹354.79 (bull case); at ₹865.60, 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 30% below its 52-week high and 40% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -65% fair-value upside, at -68%, PERMAGN 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: Multiples (₹292.02) versus Dividend Discount (₹19.15). Highest evidence: Residual Income (76).

Key figures & financial health

Quality Score breakdown

About the company

Permanent Magnets Limited engages in the manufacture and sale of alnico cast magnets and yoke assemblies, parts, and accessories of electricity and electric vehicles worldwide.

Full company description

Permanent Magnets Limited engages in the manufacture and sale of alnico cast magnets and yoke assemblies, parts, and accessories of electricity and electric vehicles worldwide. The company offers soft magnetic and cobalt iron alloys, U-shields and laminated flux concentrators, shunt assemblies for energy meters, brass terminals, automotive shunts, current transformers for energy meters, residual current circuit breakers, core balance current transformers, and amorphous cut and nano crystalline cores, as well as evaluation kits, meters, and probes. It also provides magnetic separators and sweepers, magnetic welding clamps, self-cleaning systems, holding magnets, lifting and cleaning magnets, office and workshop magnets, material handling and retrieving magnets, magnetic grills, alnico magnets, and magnetic assemblies; mumetal sheets and foils; tesla/gauss meters; demagnetizers; relay components; rotor and stator assemblies for BLDC motors; busbar and assemblies; and automotive components, as well as magnetic shield lab kits. In addition, the company is involved in the provision of design services for various current sensing components and modules; heat treatment services, such as dry hydrogen and vacuum annealing; melting services for ingot manufacturing, scrap powder and grinding, alloy powders, and tungsten and tungsten carbide powders; and die casting and calibration services. It serves EV/HEV, renewable energy, aerospace, defense, medical, energy meter, food, pharmaceutical/chemical, cement and steel, and paper/textiles industries. The company 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 LTD.-$ reported revenue of ₹2.3B in FY2026 versus ₹1.2B in FY2022, a compound +16.6%/yr. Reported net income was ₹148M in FY2026, compounding −6.2%/yr from FY2022.

PERMAGN screens 68% overvalued. Compare with Contemporary Amperex Technology Co →

Peer Group

Electrical Equipment & Parts · 549 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation Multiples vs Electrical Equipment & Parts 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.

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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.