Permanents Magnents Ltd (BSE: 504132) is a Thane, Maharashtra-based company in the Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills industry. With a market capitalisation of ₹773 Cr, it ranks #1,743 by market cap among the 6,137 Indian listed companies on FinBizNet, and #58 of 162 in Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills. At ₹856.90 (as of 25 Oct 2026), the share price is 8.2% below its 52-week high of ₹933.95 and 9.3% above its 52-week low of ₹784.05. The share price is down 15.3% over one year and up 1.0% over three months.
| Current Price | ₹856.90 |
|---|---|
| Market Cap | ₹773 Cr |
| BSE Code | 504132 |
| Sector | Materials > Metals and Mining |
| Sub-Industry | Steel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills |
| P/E Ratio | 52.1 |
| Return on Equity | 9.80% |
| Return on Assets | 5.83% |
| 52-Week Range | ₹784.05 – ₹933.95 |
| 1-Year Price Change | -15.3% |
| 3-Month Price Change | +1.0% |
| Beta (1Y) | 0.45 |
| Dividend Yield | 0.25% |
| Headquarters | Thane, Maharashtra |
| Website | www.pmlindia.com |
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. It 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 wel
1. Engineering and Current Sensing Applications-This segment manufactures cast alloy permanent magnets, parts, and accessories of electricity and electric vehicle parts. It also supplies gas meters parts and accessories. This segments assemblies include die cast, plastic, brass, bi-metal, stainless steel, and special copper alloy and nickel alloy parts. 2. Segment Adjustment-This segment engages in the manufacture and sale of cast magnets and assemblies for original equipment manufacturers. 3. Cast Magnets-This segment engages in property development activities. 4. Property Development-0
1. Engineering and Current Sensing Applications-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| JSW Steel Ltd. | ₹2,96,731 Cr | 13.5 | 27.26% | ₹54,486 Cr | +1.1% |
| Tata Steel Ltd | ₹2,19,211 Cr | 20.1 | 11.16% | ₹60,794 Cr | -3.6% |
| Jindal Steel & Power Ltd (JSPL) | ₹1,06,620 Cr | 31.3 | 6.77% | ₹16,679 Cr | -0.7% |
| Lloyds Metals & Energy Ltd | ₹1,04,302 Cr | 27 | 37.05% | ₹7,354 Cr | +34.7% |
| SAIL | ₹70,611 Cr | 20.7 | 5.66% | ₹26,246 Cr | +25.1% |
| NMDC Ltd | ₹63,037 Cr | 8.3 | 23.36% | ₹6,795 Cr | -12.6% |
| Jindal Stainless Ltd (JSL) | ₹60,688 Cr | 19 | 17.41% | ₹12,874 Cr | -15.0% |
| KIOCL Limited | ₹22,387 Cr | 1,289.9 | 0.96% | ₹158 Cr | -29.4% |
| Permanents Magnents Ltd | ₹773 Cr | 52.1 | 9.80% | — | -15.3% |
Listed by market capitalisation. Ratios are shown for context only.
Permanents Magnents Ltd is trading at ₹856.90, with a market capitalisation of ₹773 Cr.
Permanents Magnents Ltd operates in the Materials > Metals and Mining space (Steel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills).
Permanents Magnents Ltd has a P/E of 52.1 and a return on equity of 9.80%.
Permanents Magnents Ltd is listed on the BSE under the scrip code 504132.
Permanents Magnents Ltd's share price is down 15.3% over one year and up 1.0% over three months. Its 52-week range is ₹784.05 to ₹933.95.
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.