Income Statement Permanent Magnets Limited

Stocks

PERMAGN

INE418E01018

Electrical Components & Equipment

Market Closed - Bombay S.E. 06:02:34 2026-10-01 EDT			5-day change	1st Jan Change
856.95 ^INR	+2.90%		+3.23%	-1.27%

09-07	Permanent Magnets Limited Announces Shifting of Its Corporate Office in Thane	CI
09-03	Permanent Magnets Limited Announces Resignation of Sukhmal Jain as Chief Financial Officer, Effective September 30, 2026	CI

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Published financial data: PERMANENT MAGNETS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	1.3B	1.83B	2.01B	2.05B	2.26B
Other Revenues, Total	-	1K	-	-	-100K
Total Revenues	1.3B	1.83B	2.01B	2.05B	2.26B
Cost of Goods Sold, Total	597M	927M	1.13B	1.13B	1.21B
Gross Profit	698M	901M	885M	921M	1.06B
Selling General & Admin Expenses, Total	81.36M	96.89M	124M	134M	161M
Provision for Bad Debts	-	-	-	-	2M
Depreciation & Amortization - (IS)	40.57M	54.88M	90.9M	114M	145M
Other Operating Expenses	349M	390M	418M	482M	527M
Other Operating Expenses, Total	471M	541M	632M	731M	835M
Operating Income	227M	359M	252M	190M	222M
Interest Expense, Total	-5.05M	-4.22M	-12.9M	-21.1M	-33.8M
Interest And Investment Income	9.4M	9.09M	18.3M	22.4M	11.7M
Net Interest Expenses	4.35M	4.87M	5.4M	1.3M	-22.1M
Currency Exchange Gains (Loss)	26.18M	36.88M	20.3M	11.9M	47.8M
Other Non Operating Income (Expenses)	-2.18M	-32K	-3.9M	4.6M	-5.9M
EBT, Excl. Unusual Items	255M	401M	274M	208M	242M
Restructuring Charges	-26K	-24K	-	-	-
Gain (Loss) On Sale Of Assets	564K	88K	100K	100K	100K
Asset Writedown	-	-1.42M	-	-	-600K
Other Unusual Items	-	-	-	-	-17.5M
EBT, Incl. Unusual Items	256M	400M	274M	208M	224M
Income Tax Expense	65.21M	102M	82.7M	50.3M	76.2M
Earnings From Continuing Operations	190M	298M	192M	158M	148M
Net Income to Company	190M	298M	192M	158M	148M
Net Income - (IS)	190M	298M	192M	158M	148M
Preferred Dividend and Other Adjustments	-	-	-8.2M	-	-
Net Income to Common Incl Extra Items	190M	298M	200M	158M	148M
Net Income to Common Excl. Extra Items	190M	298M	200M	158M	148M
Per Share Items
Net EPS - Basic	22.15	34.6	23.24	18.32	17.18
Basic EPS - Continuing Operations	22.15	34.6	23.24	18.32	17.18
Basic Weighted Average Shares Outstanding	8.6M	8.6M	8.6M	8.6M	8.6M
Net EPS - Diluted	22.15	34.6	23.24	18.3	17.18
Diluted EPS - Continuing Operations	22.15	34.6	23.24	18.3	17.18
Diluted Weighted Average Shares Outstanding	8.6M	8.6M	8.6M	8.6M	8.6M
Normalized Basic EPS	18.54	29.14	19.93	15.1	17.58
Normalized Diluted EPS	18.54	29.14	19.93	15.1	17.58
Dividend Per Share	1.2	1.5	1.8	2	2.2
Payout Ratio	4.51	3.47	6.73	9.84	11.65
Supplemental Items
EBITDA	249M	393M	313M	262M	312M
EBITA	227M	359M	252M	190M	222M
EBIT	227M	359M	252M	190M	222M
EBITDAR	249M	394M	317M	265M	313M
Total Revenues (As Reported)	1.33B	1.88B	2.06B	2.09B	2.32B
Effective Tax Rate - (Ratio)	25.51	25.54	30.15	24.21	34.03
Total Current Taxes	66.52M	105M	84.1M	57.1M	84.8M
Total Deferred Taxes	-1.3M	-3.06M	-1.4M	-6.8M	-8.6M
Normalized Net Income	159M	251M	171M	130M	151M
Interest on Long-Term Debt	4.91M	3.56M	10M	12M	18.9M
Non-Cash Pension Expense	553K	450K	500K	500K	500K
Supplemental Operating Expense Items
Advertising Expense	1.56M	1.77M	1.8M	1.3M	2.8M
Selling and Marketing Expenses	1.56M	1.77M	1.8M	1.3M	2.8M
Research And Development Expense From Footnotes	8.67M	9.06M	9.8M	11.1M	10.2M
Net Rental Expense, Total	292K	270K	3.7M	2.7M	1.1M
Imputed Operating Lease Interest Expense	207K	131K	2.38M	1.89M	532K
Imputed Operating Lease Depreciation	84.74K	139K	1.32M	812K	568K
Maintenance & Repair Expenses, Total	9.51M	8.4M	15.5M	17.2M	17.9M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	6.68M	13.98M	289M	79.6M	281M
Short Term Investments	57.54M	63.05M	-	-	74.1M
Total Cash And Short Term Investments	64.22M	77.03M	289M	79.6M	355M
Accounts Receivable, Total	355M	510M	397M	392M	547M
Notes Receivable	9.94M	13.78M	20.1M	29M	14.6M
Total Receivables	364M	523M	417M	422M	561M
Inventory	373M	534M	549M	542M	562M
Prepaid Expenses	3.51M	3.27M	12.2M	12.1M	14.6M
Other Current Assets, Total	169M	75.45M	170M	193M	235M
Total Current Assets	974M	1.21B	1.44B	1.25B	1.73B
Gross Property Plant And Equipment	241M	277M	619M	949M	1.32B
Accumulated Depreciation	-141M	-139M	-220M	-333M	-464M
Net Property Plant And Equipment	99.79M	138M	399M	616M	858M
Other Intangibles, Total	1.4M	1.08M	1.8M	2.1M	1.8M
Loans Receivable Long-Term	7.72M	8.44M	18.7M	18.9M	30.5M
Deferred Tax Assets Long-Term	16.96M	20.03M	21.4M	28.2M	38.1M
Other Long-Term Assets, Total	59.62M	132M	32.7M	29M	164M
Total Assets	1.16B	1.51B	1.91B	1.94B	2.82B
Liabilities
Accounts Payable, Total	246M	293M	281M	222M	291M
Accrued Expenses, Total	91K	120K	100K	100K	400K
Short-term Borrowings	10.1M	18.41M	18.4M	11M	7.1M
Current Portion of Long-Term Debt	-	1.22M	15.3M	21.7M	27.6M
Current Portion of Leases	20.26M	16.22M	28M	39.8M	50.5M
Current Income Taxes Payable	5.24M	14.69M	-	4.7M	12.7M
Other Current Liabilities	16.75M	12.14M	81.3M	27.5M	37M
Total Current Liabilities	298M	356M	424M	327M	426M
Long-Term Debt	17.58M	40.16M	100M	81.1M	668M
Long-Term Leases	15.26M	-	82.5M	84.6M	126M
Pension & Other Post Retirement Benefits	3.88M	4.33M	4.3M	5.2M	21.2M
Deferred Tax Liability Non Current	-	-	-	-	1.3M
Other Non Current Liabilities	2.33M	2.38M	2.2M	3.1M	4.4M
Total Liabilities	337M	403M	614M	501M	1.25B
Common Stock, Total	85.98M	85.98M	86M	86M	86M
Additional Paid In Capital	28.02M	28.02M	28M	28M	28M
Retained Earnings	708M	995M	1.18B	1.33B	1.46B
Comprehensive Income and Other	-1K	-1K	-	-	-
Total Common Equity	822M	1.11B	1.3B	1.44B	1.57B
Total Equity	822M	1.11B	1.3B	1.44B	1.57B
Total Liabilities And Equity	1.16B	1.51B	1.91B	1.94B	2.82B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8.6M	8.6M	8.6M	8.6M	8.6M
ECS Total Common Shares Outstanding	8.6M	8.6M	8.6M	8.6M	8.6M
Book Value / Share	95.62	129.04	150.78	167.52	183.04
Tangible Book Value	821M	1.11B	1.29B	1.44B	1.57B
Tangible Book Value Per Share	95.46	128.91	150.57	167.27	182.84
Total Debt	63.2M	76M	245M	238M	880M
Net Debt	-1.03M	-1.03M	-44.1M	159M	525M
Debt Equivalent of Unfunded Proj. Benefit Obligation	6.3M	6.83M	6.6M	8.2M	26.2M
Debt Equivalent Oper. Leases	2.34M	2.16M	29.6M	21.6M	8.8M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	275M	405M	393M	372M	354M
Inventories - Work In Process, Total	60.97M	80.64M	92M	110M	158M
Inventories - Finished Goods, Total	34.14M	44.03M	59.4M	54M	42.1M
Inventories - Others	3.16M	4.22M	4.5M	5.6M	7.8M
Land - (BS)	15K	42.58M	42.6M	217M	220M
Buildings, Total	6.19M	6.19M	18.6M	26M	34.8M
Machinery, Total	154M	167M	373M	470M	649M
Full Time Employees	114	103	155	155	166
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	2M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	190M	298M	192M	158M	148M
Depreciation & Amortization - CF	39.94M	54.2M	90.1M	113M	144M
Depreciation & Amortization, Total	39.94M	54.2M	90.1M	113M	144M
Amortization of Deferred Charges, Total - (CF)	629K	676K	900K	1M	700K
(Gain) Loss From Sale Of Asset	-564K	-88K	-100K	-100K	-100K
Asset Writedown & Restructuring Costs	-	1.42M	-	-	600K
Provision and Write-off of Bad Debts	-	-	-	-	2M
Other Operating Activities, Total	15.45M	30.21M	31.3M	16.8M	35.8M
Change In Accounts Receivable	-29.85M	-156M	112M	4M	-149M
Change In Inventories	-163M	-161M	-15M	7.4M	-20.3M
Change In Accounts Payable	24.76M	42.17M	-16.7M	-58.8M	67.6M
Change in Other Net Operating Assets	-41.33M	5.18M	-158M	140M	-53.8M
Cash from Operations	36.64M	115M	236M	381M	176M
Capital Expenditure	-38M	-95.16M	-263M	-280M	-433M
Sale of Property, Plant, and Equipment	-	-	500K	100K	200K
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-100K
Cash from Investing	-38M	-95.16M	-262M	-280M	-433M
Short Term Debt Issued, Total	9.65M	8.96M	27.5M	-	3.4M
Long-Term Debt Issued, Total	-	22.57M	64.3M	7.2M	615M
Total Debt Issued	9.65M	31.53M	91.8M	7.2M	618M
Short Term Debt Repaid, Total	-	-	-	-1.1M	-
Long-Term Debt Repaid, Total	-23.66M	-24.33M	-38.1M	-73.7M	-94.7M
Total Debt Repaid	-23.66M	-24.33M	-38.1M	-74.8M	-94.7M
Common Dividends Paid	-8.6M	-10.32M	-12.9M	-15.5M	-17.2M
Common & Preferred Stock Dividends Paid	-8.6M	-10.32M	-12.9M	-15.5M	-17.2M
Other Financing Activities, Total	-3.66M	-9.15M	-12.9M	-11.9M	-22.1M
Cash from Financing	-26.27M	-12.27M	27.9M	-95M	484M
Miscellaneous Cash Flow Adjustments	-	-1K	-	-	-100K
Net Change in Cash	-27.64M	7.3M	1.1M	5.8M	227M
Supplemental Items
Cash Interest Paid	5.05M	4.22M	12.9M	21.1M	33.8M
Cash Income Tax Paid (Refund)	61.25M	90.14M	85.3M	52.4M	70.9M
Levered Free Cash Flow	-58.84M	-60.65M	8.09M	-186M	-290M
Unlevered Free Cash Flow	-55.68M	-58.01M	16.15M	-173M	-269M
Change In Net Working Capital	200M	242M	-30.3M	126M	119M
Net Debt Issued / Repaid	-14.01M	7.2M	53.7M	-67.6M	524M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	13.5	16.8	9.22	6.16	5.83
Return on Total Capital	17.98	21.68	11.57	7.37	6.72
Return On Equity %	26.04	30.8	15.93	11.5	9.8
Return on Common Equity	26.04	30.8	16.61	11.5	9.8
Margin Analysis
Gross Profit Margin %	53.9	49.28	43.92	44.91	46.73
SG&A Margin	6.28	5.3	6.15	6.55	7.11
EBITDA Margin %	19.22	21.52	15.54	12.78	13.78
EBITA Margin %	17.51	19.66	12.53	9.26	9.82
EBIT Margin %	17.51	19.66	12.53	9.26	9.82
Income From Continuing Operations Margin %	14.7	16.28	9.51	7.68	6.53
Net Income Margin %	14.7	16.28	9.51	7.68	6.53
Net Avail. For Common Margin %	14.7	16.28	9.92	7.68	6.53
Normalized Net Income Margin	12.31	13.71	8.51	6.33	6.68
Levered Free Cash Flow Margin	-4.54	-3.32	0.4	-9.08	-12.81
Unlevered Free Cash Flow Margin	-4.3	-3.17	0.8	-8.43	-11.88
Asset Turnover
Asset Turnover	1.23	1.37	1.18	1.06	0.95
Fixed Assets Turnover	14.52	15.34	7.5	4.04	3.07
Receivables Turnover (Average Receivables)	3.79	4.23	4.45	5.2	4.82
Inventory Turnover (Average Inventory)	2.05	2.04	2.09	2.07	2.18
Short Term Liquidity
Current Ratio	3.26	3.4	3.39	3.81	4.06
Quick Ratio	1.4	1.65	1.62	1.44	2.12
Operating Cash Flow to Current Liabilities	0.12	0.32	0.56	1.16	0.41
Days Sales Outstanding (Average Receivables)	96.27	86.29	82.33	70.26	75.77
Days Outstanding Inventory (Average Inventory)	178.2	178.57	175.37	176.15	167.1
Average Days Payable Outstanding	112.29	90.51	91.85	81.88	76.41
Cash Conversion Cycle (Average Days)	162.18	174.35	165.85	164.53	166.46
Long Term Solvency
Total Debt/Equity	7.69	6.85	18.87	16.54	55.91
Total Debt / Total Capital	7.14	6.41	15.88	14.19	35.86
LT Debt/Equity	3.99	3.62	14.11	11.5	50.49
Long-Term Debt / Total Capital	3.71	3.39	11.87	9.87	32.39
Total Liabilities / Total Assets	29.1	26.65	32.13	25.81	44.22
EBIT / Interest Expense	44.9	85.1	19.57	9	6.57
EBITDA / Interest Expense	52.81	97.94	26.55	14.37	10.84
(EBITDA - Capex) / Interest Expense	45.29	75.4	6.17	1.09	-1.98
Total Debt / EBITDA	0.24	0.18	0.71	0.79	2.4
Net Debt / EBITDA	-0	-0	-0.13	0.52	1.43
Total Debt / (EBITDA - Capex)	0.28	0.24	3.07	10.4	-13.15
Net Debt / (EBITDA - Capex)	-0	-0	-0.55	6.93	-7.84
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11	41.1	10.26	1.77	10.33
Gross Profit, 1 Yr. Growth %	16.45	29.01	-1.75	4.06	14.81
EBITDA, 1 Yr. Growth %	4.75	58.03	-20.42	-14.07	18.97
EBITA, 1 Yr. Growth %	3.26	58.4	-29.73	-27.16	16.96
EBIT, 1 Yr. Growth %	3.26	58.4	-29.73	-27.16	16.96
Earnings From Cont. Operations, 1 Yr. Growth %	18.01	56.23	-35.6	-22.03	-6.22
Net Income, 1 Yr. Growth %	18.01	56.23	-35.6	-22.03	-6.22
Normalized Net Income, 1 Yr. Growth %	16.92	57.15	-31.61	-26.48	16.47
Diluted EPS Before Extra, 1 Yr. Growth %	18.01	56.23	-32.85	-22.1	-6.13
Accounts Receivable, 1 Yr. Growth %	7.85	43.72	-22.1	-1.11	39.31
Inventory, 1 Yr. Growth %	77.52	43.18	2.81	-1.35	3.77
Net Property, Plant and Equip., 1 Yr. Growth %	26.96	38.76	188.24	54.37	39.33
Total Assets, 1 Yr. Growth %	23.38	30.43	26.29	1.53	45.32
Tangible Book Value, 1 Yr. Growth %	28.61	35.04	16.81	10.92	9.3
Common Equity, 1 Yr. Growth %	28.42	34.94	16.85	10.93	9.27
Cash From Operations, 1 Yr. Growth %	-42.41	213.15	105.35	67.62	-55.07
Capital Expenditures, 1 Yr. Growth %	84.9	150.42	176.27	26.72	49.04
Levered Free Cash Flow, 1 Yr. Growth %	-175.21	-718.61	-113.34	-518.4	47.46
Unlevered Free Cash Flow, 1 Yr. Growth %	-168.04	-547.6	-127.85	-429.1	46.55
Dividend Per Share, 1 Yr. Growth %	20	25	20	11.11	10
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.24	25.15	24.73	5.93	5.96
Gross Profit, 2 Yr. CAGR %	12.68	22.57	12.59	1.11	9.3
EBITDA, 2 Yr. CAGR %	13.96	28.66	12.15	-18.38	1.11
EBITA, 2 Yr. CAGR %	13.36	27.89	5.5	-27.29	-7.7
EBIT, 2 Yr. CAGR %	13.36	27.89	5.5	-27.29	-7.7
Earnings From Cont. Operations, 2 Yr. CAGR %	15.32	35.78	0.3	-27.24	-14.49
Net Income, 2 Yr. CAGR %	15.32	35.78	0.3	-27.24	-14.49
Normalized Net Income, 2 Yr. CAGR %	15.86	35.55	3.67	-28.02	-7.46
Diluted EPS Before Extra, 2 Yr. CAGR %	15.32	35.78	2.43	-27.28	-14.49
Accounts Receivable, 2 Yr. CAGR %	13.96	24.5	5.81	-12.23	17.37
Inventory, 2 Yr. CAGR %	39.19	59.43	21.33	0.71	1.18
Net Property, Plant and Equip., 2 Yr. CAGR %	4.19	32.72	99.99	110.94	46.66
Total Assets, 2 Yr. CAGR %	25.95	26.86	28.34	13.3	21.46
Tangible Book Value, 2 Yr. CAGR %	31.08	31.78	25.59	13.91	10.11
Common Equity, 2 Yr. CAGR %	31.05	31.64	25.57	13.94	10.1
Cash From Operations, 2 Yr. CAGR %	-43.55	34.29	153.58	82.23	-12.03
Capital Expenditures, 2 Yr. CAGR %	57.09	115.18	163.03	71.63	39.98
Levered Free Cash Flow, 2 Yr. CAGR %	-17.52	-11.95	-9.15	75.17	155.3
Unlevered Free Cash Flow, 2 Yr. CAGR %	-22.45	-15.81	11.64	72.65	126.18
Dividend Per Share, 2 Yr. CAGR %	-	22.47	22.47	15.47	10.55
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.34	19.7	19.97	16.55	7.38
Gross Profit, 3 Yr. CAGR %	7.52	17.88	13.86	9.67	5.49
EBITDA, 3 Yr. CAGR %	3.12	27.08	9.63	1.73	-7.46
EBITA, 3 Yr. CAGR %	2.34	26.73	4.75	-5.74	-14.81
EBIT, 3 Yr. CAGR %	2.34	26.73	4.75	-5.74	-14.81
Earnings From Cont. Operations, 3 Yr. CAGR %	8.76	27.6	5.89	-6.13	-20.82
Net Income, 3 Yr. CAGR %	8.76	27.6	5.89	-6.13	-20.82
Normalized Net Income, 3 Yr. CAGR %	7.11	28.25	7.91	-6.62	-15.5
Diluted EPS Before Extra, 3 Yr. CAGR %	8.76	27.6	7.38	-6.16	-20.82
Accounts Receivable, 3 Yr. CAGR %	3.65	23.13	6.49	3.45	2.38
Inventory, 3 Yr. CAGR %	28.57	40.51	37.74	13.24	1.72
Net Property, Plant and Equip., 3 Yr. CAGR %	25.17	14.63	71.88	83.45	83.7
Total Assets, 3 Yr. CAGR %	20.12	27.42	26.67	18.74	23.1
Tangible Book Value, 3 Yr. CAGR %	35.24	32.39	26.59	20.56	12.35
Common Equity, 3 Yr. CAGR %	35.23	32.34	26.51	20.55	12.36
Cash From Operations, 3 Yr. CAGR %	-28.25	-0.07	54.72	118.27	15.31
Capital Expenditures, 3 Yr. CAGR %	24.07	83.51	133.88	94.66	65.76
Levered Free Cash Flow, 3 Yr. CAGR %	9.44	-11.16	-53.06	166.76	68.46
Unlevered Free Cash Flow, 3 Yr. CAGR %	3.95	-14.43	-41.77	137.18	66.71
Dividend Per Share, 3 Yr. CAGR %	-	-	21.64	18.56	13.62
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.48	14.52	10.77	13.99	14.16
Gross Profit, 5 Yr. CAGR %	21.32	20.22	9.52	10.86	12.02
EBITDA, 5 Yr. CAGR %	50.24	36.03	6.64	6.45	5.58
EBITA, 5 Yr. CAGR %	64.87	37.99	3.6	1.48	0.23
EBIT, 5 Yr. CAGR %	64.87	37.99	3.6	1.48	0.23
Earnings From Cont. Operations, 5 Yr. CAGR %	74.25	40.74	5.29	1.92	-1.76
Net Income, 5 Yr. CAGR %	74.25	40.74	5.29	1.92	-1.76
Normalized Net Income, 5 Yr. CAGR %	78.23	46.96	5.72	1.79	2.08
Diluted EPS Before Extra, 5 Yr. CAGR %	74.25	40.74	6.18	1.9	-1.76
Accounts Receivable, 5 Yr. CAGR %	12.03	11.98	4.51	7.53	10.72
Inventory, 5 Yr. CAGR %	19.91	31.87	25.62	22.98	21.75
Net Property, Plant and Equip., 5 Yr. CAGR %	17.57	24.3	50.97	46.3	61.31
Total Assets, 5 Yr. CAGR %	19.67	20.57	23.35	21.57	24.59
Tangible Book Value, 5 Yr. CAGR %	44.65	43.25	31.3	24.66	19.76
Common Equity, 5 Yr. CAGR %	44.65	43.25	31.28	24.65	19.71
Cash From Operations, 5 Yr. CAGR %	-17.15	55.38	18.89	27.08	22.56
Capital Expenditures, 5 Yr. CAGR %	15.34	32.76	67.58	78.66	84
Levered Free Cash Flow, 5 Yr. CAGR %	11.35	2.95	-29.01	16.56	29.95
Unlevered Free Cash Flow, 5 Yr. CAGR %	6.82	3.86	-20.09	13.31	26.85
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	17.08