Permanent Magnets Ltd. — Interim / Quarterly Report 2026

Aug 12, 2025

PERMANENT MAGNETS LIMITED

B-3, MIDC, Village Mira, Mira Road East, Thane - 401107, Maharashtra, India

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Phone : +91-22-68285454 Facsimile : +91-22-29452128 Email : sales@pmlindia.com Website : www.pmlindia.com

Date: August 12, 2025

To, Corporate Relation Department The Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

Scrip Code : 504132

Sub: Press Release on Unaudited (Standalone & Consolidated) Financial Results of the Company for the quarter ended June 30, 2025.

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Press Release on Unaudited (Standalone & Consolidated) Financial Results of the Company for the quarter ended June 30, 2025.

We request you to kindly take the same on record.

Thanking you,

Yours Faithfully,

FOR PERMANENT MAGNETS LIMITED

RACHANA Digitally signed by RACHANA PARESH PARESH SAWANT Date: 2025.08.12 SAWANT 12:36:32 +05'30'

RACHANA SAWANT COMPANY SECRETARY

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Regd Office: Harsh Avenue, 302, 3[rd] Floor, opp. Silvassa Police Station, Silvassa Vapi Main Road, Silvassa- 396 230. Dadra and Nagar Haveli (U.T.) (All correspondence has to be made at our Mira Road address only) CIN-L27100DN1960PLC000371

PRESS & MEDIA RELEASE 1

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MUMBAI, AUGUST 12, 2025

PERMANENT MAGNETS LIMITED, A SPECIALIST IN ELECTRICAL COMPONENTS AND ASSEMBLIES FOR APPLICATIONS IN AUTOMOBILES & ELECTRICTY METERS, ANNOUNCED ITS FINANCIAL RESULTS FOR Q1FY26 ON 6[TH] AUGUST 2025.

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Q1FY26 Financials Highlights (₹ Cr)

REVENUE 53.55 (1%) YoY

EBITDA Margin 20% 444 BPS

PAT 6.17 22% YoY

Note: Unaudited consolidated figures.

Commenting on the results, Sharad Taparia, Managing Director, said:

“We saw an improvement in profitability margins in Q1FY26, largely driven by a favorable shift in product mix across both EV and Smart Meter product segments. While topline performance remained largely flat YOY, with a marginal 1% decrease, we did see sequential improvement compared to Q4FY25.

Profitability margins may continue to evolve depending on future product mix changes. However, we remain focused on optimizing this through strategic product development.

Our capital expenditure projects remain on track. The Relay manufacturing facility is progressing as planned, with customer testing & trials underway. We expect initial orders to coincide with the Relay facility going live in Q4FY26. Further, the Alloys business has moved to commercial operations, and additional capacity from the new Furnace, set to commission in December, will boost our ability to take on larger orders.

Overall, we are on a path to good growth for the future.”

Consolidated – Q1FY26 Profit & Loss Summary

		y		(₹ Cr)
Particulars	Q1FY26	Q4FY25	Q1FY24	YOY
				Change
				(%)
Revenue from Operations Total Income	53.55 54.79	45.28 45.73	54.32 55.68	-1% -2%
Total Operating Expenses	42.86	40.24	45.89	-7%
EBITDA (Excluding OI)	10.69	5.04	8.43	27%
EBITDA
(Excluding OI)	20%	11%	16%	444
Margin (%)
Finance Cost	0.62	0.28	0.54	15%
Depreciation & Amortisation Profit Before Taxes	2.64 8.67	3.53 1.68	2.23 7.02	18% 24%
Profit After Taxes	6.17	1.58	5.04	22%
Earnings Per Share (₹)	7.17	1.82	5.86	22%

Note: Unaudited consolidated figures.

2

PRESS & MEDIA RELEASE

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About Permanent Magnets Limited

Incorporated in 1960, Permanent Magnets has a rich experience of over 65+ years in the magnets, magnetic assemblies and shunts domain. The Company is a leading solution provider of electrical components and assemblies based on certain core technologies which find application in the automobile, energy meter, renewable energy, aerospace & defence, food & beverage and many other such industries. The Company has strong expertise in 5 core product categories, wherein it designs and delivers innumerable customer-specific solutions, and these product categories include magnetic sensing, current sensing, magnetic assemblies, alloys and ZAMAK die-casting.

PML works closely with its distinguished clientele from across industries, many of whom are global leaders in their respective industries. While in some cases PML is one of the two-three suppliers for specific products, it is also the only supplier for many of its clients. PML is a preferred supplier of electrical components and assemblies to many of the tier-1 automobile companies globally, in both traditional ICE vehicles and emerging technologies like EV. It is also a supplier to the top electricity meter companies globally, and the Company holds a strong position in this segment with longstanding client relationships.

Contact Us

Rachana Sawant

PERMANENT MAGNETS LIMITED investors@pmlindia.com

Sayam Pokharna

TIL ADVISORS PRIVATE LIMITED sayam@theinvestmentlab.in

Safe Harbour

This document which has been prepared by Permanent Magnets Limited (“PML”, “the Company”) has been prepared solely for information purposes. This document has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Document. This Document may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Document is expressly excluded.