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Permanent Magnets Ltd

NSE: PERMAGNET BSE: 504132

809.05

(-4.88)%

Thu, 05 Feb 2026, 03:29 pm

Analysis

dividend

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Pros

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    Cons

    • Unable to evaluate Permanent Magnets's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
    • Unable to evaluate Permanent Magnets's dividend against the top 25% market benchmark as the company has not reported any payouts.

    health

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    Pros

    • Permanent Magnets is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
    • Permanent Magnets is profitable, therefore cash runway is not a concern.
    • Permanent Magnets is profitable, therefore cash runway is not a concern.
    • Debt is well covered by operating cash flow (229.4%, greater than 20% of total debt).
    • Debt is covered by short term assets, assets are 14.3x debt.
    • Permanent Magnets's cash and other short term assets cover its long term commitments.
    • The level of debt compared to net worth has been reduced over the past 5 years (171.7% vs 10.9% today).
    • Permanent Magnets earns more interest than it pays, coverage of interest payments is not a concern.
    • Permanent Magnets's level of debt (10.9%) compared to net worth is satisfactory (less than 40%).
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    Cons

    • High level of physical assets or inventory.

    management

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    Pros

    • The tenure for the Permanent Magnets board of directors is about average.
    • Sharad Kumar's compensation has been consistent with company performance over the past year, both up more than 20%.
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    Cons

    • Sharad Kumar's remuneration is higher than average for companies of similar size in India.

    misc

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    Pros

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      Cons

      • Permanent Magnets is not covered by any analysts.
      • Permanent Magnets has significant price volatility in the past 3 months.

      past

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      Pros

      • Permanent Magnets has delivered over 20% year on year earnings growth in the past 5 years.
      • Permanent Magnets used its assets more efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
      • Permanent Magnets has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
      • Permanent Magnets has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
      • Permanent Magnets's earnings growth has exceeded the IN Metals and Mining industry average in the past year (26.7% vs -4.8%).
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      Cons

      • Permanent Magnets's 1-year earnings growth is less than its 5-year average (26.7% vs 65.7%)

      value

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      Pros

      • Permanent Magnets is good value based on earnings compared to the IN Metals and Mining industry average.
      • Permanent Magnets is good value based on earnings compared to the India market.
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      Cons

      • Permanent Magnets's share price is below the future cash flow value, but not at a moderate discount (< 20%).
      • Permanent Magnets's share price is below the future cash flow value, but not at a substantial discount (< 40%).
      • Permanent Magnets is overvalued based on assets compared to the IN Metals and Mining industry average.
      • 504132 underperformed the Metals and Mining industry which returned -28.6% over the past year.
      • 504132 underperformed the Market in India which returned -14.5% over the past year.
      • BSE:504132 is down -1.4% underperforming the Metals and Mining industry which returned 7.5% over the past month.
      • BSE:504132 is down -1.4% underperforming the market in India which returned 8% over the past month.

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      Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800