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Permanent Magnets Ltd. Investor Presentation 2026
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Investor Presentation
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B-3, MIDC, Mira road East, Thane - 401107
Since 1960
PML Permanent Magnets Limited
Date: May 15, 2026
To,
Corporate Relation Department
The Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001
Security Code: 504132
Security ID: PERMAGN
Sub: Presentation on Audited Financial Results for the quarter and year ended on March 31, 2026.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure requirements) Regulations, 2015, we are enclosing herewith a copy of the presentation to investors/analysts on Audited Financial Results of the Company for the quarter and year ended as on March 31, 2026.
The above information is also available on the website of the Company i.e. www.pmlindia.com.
This is for your information and record.
Thanking you,
Yours Faithfully,
FOR PERMANENT MAGNETS LIMITED
RACHANA
PARESH
SAWANT
Digitally signed by
RACHANA PARESH
SAWANT
Date: 2026.05.15
19:02:44 +05'30'
RACHANA SAWANT
COMPANY SECRETARY
+91-22-68285400
[email protected] www.pmlindia.com
Regd Office: Harsh Avenue, 302, 3rd Floor
Opp: Bivassa Police Station, Bivassa Vapi Main Road
Bivassa- 796 250. Dadra and Nagar Haveli (U.T.)
CIN: L27100DN1960PLC000371
IATF
IATF INTERNATIONAL
REGD
INDIAN ASSOCIATION
INDIAN QUALITY
IR
INDIAN RATE CENTER
INDIAN ASSOCIATION
INDIAN QUALITY
IR
INDIAN ASSOCIATION
INDIAN QUALITY
PML
Trust Reliability Quality
INVESTOR PRESENTATION Q4 & FY26
Inside this presentation
01 QUARTERLY SNAPSHOT
STANDALONE: Q4 & FY26 PROFIT AND LOSS SUMMARY 04
CONSOLIDATED: Q4 & FY26 PROFIT AND LOSS SUMMARY 05
MANAGEMENT COMMENTARY 06
QUARTERLY SNAPSHOT
Permanent Magnets Limited Investor Presentation
4
Standalone: Q4 & FY26 Profit & Loss Summary
| PARTICULARS (₹ in Crore) | Q4FY25 | Q3FY26 | Q4FY26 | YoY % | FY25 | FY26 | YoY % |
|---|---|---|---|---|---|---|---|
| Revenue From Operations | 45.28 | 57.02 | 66.54 | 47% | 199.54 | 225.46 | 13% |
| Total Income | 45.81 | 58.58 | 68.26 | 49% | 204.08 | 231.65 | 14% |
| Total Operating Expenses | 39.98 | 45.95 | 56.61 | 42% | 172.32 | 186.45 | 8% |
| EBITDA (Excluding OI) | 5.30 | 11.07 | 9.93 | 87% | 27.22 | 39.01 | 43% |
| EBITDA (Excluding OI) % | 12% | 19% | 15% | 322 bps | 14% | 17% | 366 bps |
| Interest Cost | 0.21 | 1.06 | 1.06 | 405% | 2.17 | 3.12 | 44% |
| Depreciation & Ammortisation | 2.86 | 2.87 | 4.87 | 70% | 9.33 | 12.63 | 35% |
| Profit Before Taxes | 2.76 | 8.70 | 5.72 | 107% | 20.26 | 29.45 | 45% |
| Exceptional Items | 0.00 | 2.19 | -0.45 | NA | 0.00 | 1.74 | NA |
| PBT After Exceptional Items | 2.76 | 6.51 | 6.16 | 123% | 20.26 | 27.70 | 37% |
| Net Profits (Including OCI) | 2.62 | 4.06 | 5.46 | 108% | 15.16 | 20.69 | 36% |
| Earnings Per Share (₹) | 3.05 | 4.72 | 6.35 | 108% | 17.63 | 24.06 | 36% |
QUARTERLY SNAPSHOT
Permanent Magnets Limited Investor Presentation
Consolidated: Q4 & FY26 Profit & Loss Summary
| PARTICULARS (₹ in Crore) | Q4FY25 | Q3FY26 | Q4FY26 | YoY % | FY25 | FY26 | YoY % |
|---|---|---|---|---|---|---|---|
| Revenue From Operations | 45.28 | 57.02 | 66.54 | 47% | 205.05 | 226.24 | 10% |
| Total Income | 45.73 | 58.41 | 68.59 | 50% | 209.21 | 232.30 | 11% |
| Total Operating Expenses | 40.24 | 46.51 | 57.04 | 42% | 174.61 | 189.54 | 9% |
| EBITDA (Excluding OI) | 5.04 | 10.51 | 9.50 | 88% | 30.44 | 36.70 | 21% |
| EBITDA (Excluding OI) % | 11% | 18% | 14% | 315 bps | 15% | 16% | 138 bps |
| Interest Cost | 0.28 | 1.45 | 1.56 | 457% | 2.40 | 4.10 | 71% |
| Depreciation & Ammortisation | 3.53 | 3.55 | 5.12 | 45% | 11.43 | 14.52 | 27% |
| Profit Before Taxes | 1.68 | 6.90 | 4.87 | 190% | 20.77 | 24.14 | 16% |
| Exceptional Items | 0.00 | 2.23 | -0.48 | NA | 0.00 | 1.75 | NA |
| PBT After Exceptional Items | 1.68 | 4.67 | 5.35 | 218% | 20.77 | 22.39 | 8% |
| Net Profits (Including OCI) | 1.56 | 2.25 | 4.29 | 175% | 15.74 | 15.07 | -4% |
| Earnings Per Share (₹) | 1.81 | 2.62 | 4.99 | 176% | 18.30 | 17.52 | -4% |
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation
Management Commentary
Revenue from Operations for FY26 grew by 13%, supported by the scale-up of Alloys division in Q4FY26. Q4FY26 Revenue from Operations was up by 47% YoY, led by the Alloys division along with steady performance in electricity meters and automotive applications.
EBITDA margins for the year stood at 17% as against 14% in the previous year, aided by a favourable product mix and revenue scale-up. For Q4FY26, EBITDA margins came in at 15%, an improvement on a YoY basis with some moderation on a sequential basis.
On the project front, the new furnace in the Alloys division was commercialised in Q4FY26 and contributed to the performance during the quarter. We aim to scale up commercial production in the Alloys division through the coming financial year, and are engaging with customers across Oil & Gas, Aerospace, and other sectors.
In the Relays project, we are behind the original timelines, with commercial ramp-up now expected from H2FY27. Testing is currently underway and customer approvals are in progress, which has taken longer than initially anticipated.
For Quantum Magnetics, the Phase 2 CAPEX covering block cutting, machining, and surface treatment is expected to be implemented in Q3FY27.
Looking ahead, our focus during the coming year is on scaling up commercial operations across our key growth pillars, namely Alloys, Relays, and Quantum Magnetics. The commercial ramp-up of these projects is expected to drive growth in the coming year.
MR. SHARAD TAPARIA
Managing Director
Looking ahead, our focus for the coming year is on scaling up commercial operations across our key growth pillars, namely Alloys, Relays, and Quantum Magnetics. The commercial ramp-up of these projects is expected to drive growth in the coming year.
02 COMPANY OVERVIEW
| JOURNEY & TRANSFORMATION | 08 |
|---|---|
| PML AT A GLANCE | 09 |
| PML'S VALUE PROPOSITION | 10 |
| ROBUST CAPABILITIES | 11 |
| KEY PRODUCTS | 12 |
| CRITICAL PRODUCT APPLICATIONS | 14 |
| STRONG CORPORATE GOVERNANCE | 15 |
| QUALITY CONTROL SYSTEMS | 16 |
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation
Journey and Transformation
1960 - 2005
- Growth in magnets business for energy meters and automobile applications
2005 - 2015
- Change in the energy meters technology led to a downturn in the magnets business
- Recession & global financial crisis of 2007-09 also had a serious impact on the Company's business
2015 - 2026
- Magnets business stabilised
- Categories such as Hi-perm & Shunts scaled-up
- Revenue mix shifted from Magnets to Shunts & Hi-perm
- New capabilities such as stamping, ZAMAK die casting, moulding, CT and alloys were added
- Entered relay manufacturing through technology licensing
Key Milestones
| 2000 | 2005 | 2007 | 2016 | 2017 | 2018 | 2026 |
|---|---|---|---|---|---|---|
| Commenced the exports of magnetic assemblies | Hi-perm division started: Soft Magnetic Parts | Shunts division started: Copper Manganese Shunt Assemblies | ZAMAK die-casting capabilities added | CT-Division started: Nano Crystalline and Amorphous Components | Plastic moulding capabilities added | Alloy manufacturing capacity expansion and set up of relay manufacturing |
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation
PML at a glance
Permanent Magnets is a manufacturer specializing in a wide range of components and assemblies built on key core technologies, including current and speed sensing, magnetic shielding, and magnetic assemblies. These products are utilized across diverse sectors such as automotive, energy metering, and various other industries.
60+
Years of expertise into magnets, magnetic assemblies, and shunts
350+
Actively manufactured SKU's
305
Committed team members including 79 engineers
6
Operational facilities
Market Trends
At the center of emerging technological trends such as smart meters, smart grids, and electric vehicles
5
Expertise in 5 core technologies & product platforms with N-number of product possibilities
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation 10
PML'S Value Proposition
PML is a solution provider with expertise in design, prototype and production of components, assemblies and materials related to Automobile, Metering and other sectors
AIMS to be a Comprehensive Solution Provider with Scalable Manufacturing Capabilities, in its Core Competencies
The PML difference
Knowledge
Exceptional understanding of customer requirements
Capability
Capabilities to conceptualise and implement customised design and solutions for each customer
Quality
Strict adherence to the highest quality standards
Cost
Cost-effective manufacturing solutions
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation
Robust Capabilities
PML has exceptional expertise in the fields of metallurgy, mechanical engineering, electrical engineering and electronics, enabling it to offer comprehensive solutions to its clients
Understanding of Quality & Client Requirements
- Experts in metallurgy, mechanical, electrical and electronics
- AEC-Q200 lab for qualifications & type tests
- Measurement equipment's such as Koerzimat, BH Loop Plotter
Designing & Simulation
- Designing components & modules
- System optimization & simulation
- Customer-specific prototyping
Metals & Metallurgy
- Melting & casting
- Heat treatments
- Die casting
- Vacuum Induction Melting
Manufacturing Technologies
- Assembly processes
- Finishing processes
- Hot chamber die-casting
- Plastic moulding
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation
Key Products
01
Magnetic Sensing
Shielding C Shape
Shielding-MuMETAL Zero Gauss Chambers
02
Current Sensing
Module
Current Sensing Module
Shunt
Current Sensing Module
Stator Rotor Lamination (Medical Motors)
03
Magnetic Assemblies
Magnetic Lifter
Iron Filing Removal Machine
04
Alloys
Alloy Ingot
Ingot
05
Zamak Die Casting
ZAMAK Valve
ZAMAK Insert
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation
Critical Product Applications (1/2)
Speed Sensor
1. Laminations
1. Permanent Magnets
2. Rotor Laminations
3. EPS
Shields/Cores/Shunts
4. Shield
4. Flux Concentrator
4. Toroidal Cut Core
4. Shunt
Current Sensor Assemblies
5. Clamp
5. HSM
5. Smart Battery Clamp
Automobile
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation
Critical Product Applications (2/2)
Electricity Meters
Alloys
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation
Strong Corporate Governance
Board is headed by a Non-Executive Chairman and has a balanced composition of Independent, Executive and Non-Executive Directors
MR. NIRMAL JAIN
Non-Executive Independent Director Chairperson
With over four decades of experience, Mr. Jain, a fellow member of the ICAI and the ICSI, he has held key roles at JSW Group since 1992. His expertise in mergers, finance, law, and restructuring was instrumental in establishing JSW as a rapidly growing conglomerate.
MR. SHARAD TAPARIA
Managing Director
Over 29 years of experience in magnet manufacturing industry. His qualifications include BE and MBA in Finance.
MR. KAMAL BINANI
Independent Non-Executive Director
Over 43 years of experience in functions such as finance, accounting and taxation. His qualification include B.Com and CA.
MR. MUKUL TAPARIA
Non-Executive Director
Over 28 years of experience in functions such as international marketing and finance. His qualification include Bachelors in Computer Science from University of Texas, Austin and Diploma in Business Engineering from Warwick University, UK.
MS. SUNAINA TAPARIA
Non-Executive Director
Her qualifications include Bachelors in Fine Arts.
MR. GIRISH DESAI
Non-Executive Director
Over 53 years of experience in functions such as management, finance, taxation, corporate and security laws, HR and industrial relations. His qualifications include M.Com, Grad-CWA, ACA, PGDSM, PGDSL.
COMPANY OVERVIEW
Permanent Magnets Limited Investor Presentation
Quality Control Systems
- PML adheres to the quality standards of the industry
- The production facilities and QMS are certified by IATF, AS, EMS and OSHAS
- PML is regularly audited by customers
- PML has renowned measurement equipment such as Koerzimat, BH Loop Plotter for magnetic performance
- PML has developed in-house application specific testing facility
- The AEC-Q200 lab is equipped for various qualification and type tests
Scope of Certifications
01
Design, manufacture and supply of Magnetic Systems
02
General requirements for the competence of testing and calibration laboratories
03
Manufacture of Soft Magnetic Alloy components
Key Certifications
ISO 14001:2015
GENERAL REGISTRATION NO. 14001:2015
OHSMS 45001:2018
ISO 9001:2015
ISO 9001:2015
IATF 16949:2016
ISO 14001:2015
AS 9100D:2016
AS9100:2016
AS9100D:2016 also received for alloys, opening opportunities in aerospace sector
03
BUSINESS OVERVIEW
| VALUE ADDITION IN SMART METERS | 18 |
|---|---|
| BROAD-BASING CUSTOMER BASE | 19 |
| GEOGRAPHY-WISE SALES TREND | 20 |
| APPLICATIONS-WISE SALES TREND | 21 |
| STRATEGIC PRIORITIES | 22 |
| QUANTUM MAGNETICS ROADMAP | 23 |
BUSINESS OVERVIEW
Permanent Magnets Limited Investor Presentation
Value addition in Smart meters
Value addition in components can generate significantly higher revenues and increase addressable market size
01 A strategic move to expand competencies and capture more value within the supply chain
02 Added assemblies like Relay in addition to existing component supplies
03 To expand clientele with Relay, and offer import substitution in efforts to localise metering supply chain in India
BUSINESS OVERVIEW
Permanent Magnets Limited Investor Presentation
Broad-Basing Customer Base
PML is Actively Diversifying & Strengthening its revenue stream through:
- Actively commercialising new products in Smart Meters and Alloys domain
- Significant new client addition (Direct & In-direct) in last few years
Further, PML is looking to actively add new product pipeline and application industries to further diversify its revenue stream.
Top 5 & 10 Client Sales Contribution
Top 5 client contribution
Top 10 client contribution
BUSINESS OVERVIEW
Permanent Magnets Limited Investor Presentation
Geography-wise Sales Trend
Asia continues to be the flagship market
Recent growth in Asia driven by growing India business (domestic alloy business)
New market additions ongoing process
BUSINESS OVERVIEW
Permanent Magnets Limited Investor Presentation
Application-wise Sales Trend
STRATEGIC REVIEW
Permanent Magnets Limited Investor Presentation
Strategic Roadmap
STRATEGIC REVIEW
Permanent Magnets Limited Investor Presentation
Quantum Magnetics Roadmap
NdFeB
Localising the value chain in India
5,000 tons
FY31 integrated capacity target
Integrated Process
Process built to scale backward from finished magnets to raw materials.
Rare Earth Oxides $\diamond$ Metals $\diamond$ Alloy $\diamond$ Powder $\diamond$ Blocks $\diamond$ Magnet
Roadmap
| Existing (Since Q1'25) | Near term (Q4'26) | Mid term (Q4'27) | Long term ('28) |
|---|---|---|---|
| Magnet assembly products | Block procurement, cutting, machining, surface treatment | Powder to block manufacturing (Powder, milling & sintering) | Complete localization (Alloy, metal & oxide integration) |
Initial Applications Targeted
Automotive
Consumer electronics
Wind energy
Motors
Certifications
| ISO 9001:2015 | ISO 14001:2015 | OHSMS 45001:2018 |
|---|---|---|
| ISO 9001:2015 | ||
| Quality System | ISO 14001:2015 | |
| Environment | ISO 15001:2015 | |
| Occupational Health & Safety |
04
TRENDS & GROWTH DRIVERS
| GLOBAL SMART METERS: MARKET TRENDS | 25 |
|---|---|
| SMART ELECTRICITY METERS: GLOBAL GROWTH DRIVERS | 26 |
| INDIA SMART METERS: MARKET TRENDS | 27 |
| EV MARKET: MARKETS TRENDS | 28 |
| NdFeB: THE OPPORTUNITY | 29 |
| APPLICATIONS: NdFeBMAGNETS | 30 |
| NEED FOR AN ALTERNATE SUPPLY CHAIN | 31 |
| GLOBAL SHIFT FROM HEAVY TO LIGHT RARE EARTH MAGNETS | 32 |
STRATEGIC REVIEW
Permanent Magnets Limited Investor Presentation 25
Global Smart Meters: Market Trends
- Replacement of traditional meters with modern monitoring technologies to drive industry dynamics
- Smart grid networks, government regulations and directives for smart meter implementation will fuel market expansion
Source: Straits, Fortune BI, Brightly, Electronics media, Energy Networks, RDSS.
TRENDS & GROWTH DRIVERS
Permanent Magnets Limited Investor Presentation 26
Smart Electricity Meters: Global Growth Drivers
On the one hand, the smart meter infrastructure is to empower customers by allowing them to choose their power suppliers, and on the other hand, it is expected to help distribution companies prevent power theft by reducing human interference in metering, invoicing, and dues collection.
Need for increasing energy efficiency and minimising power loss & theft during transmission
Benefits to customers such as detecting failures early, accommodating faster service, accuracy of billing
Cost savings by eliminating on-site meter readings, reducing equipment & maintenance costs, enabling faster restoration during outages
Integrating distributed energy resources (DERs), energy storage technologies, and EV charging in the residential sector
Operational advantages such as grid resiliency and accuracy of meter readings
TRENDS & GROWTH DRIVERS
Permanent Magnets Limited Investor Presentation 27
India Smart Meters: Market Trends
Smart Meter Installation
Context
- Supportive Government Initiatives & Policy Push
- Efforts to increase DISCOMs billing efficiency, reducing transmission losses, and effectively bridging demand-supply gap
- A study by Ministry of Power showcased that by using data analytics, DISCOMs can potentially save ~₹10,000 Cr by mitigating power theft & increasing billing efficiency
Update on Smart Meter Installation Under RDSS (1st May 2025)
01 Under RDSS, the GOI has entailed installation of smart metering system to improve operational efficiencies & financial sustainability
02 GOI's roadmap is to install 250 million meters
03 As of 30th April 2026, 65 million meters have been installed as per Ministry of Power
04 However, 224 million meters have been sanctioned by Nodal Agency (PFC) and out of that orders for 151 million meters have been awarded
| 11.2 | 10.0 | 8.9 | 5.7 | 4.0 | 24.8 |
|---|---|---|---|---|---|
■ Maharashtra
■ Uttar Pradesh
■ Bihar
■ Assam
■ Madhya Pradesh
■ Others
Source: Astute Analytics (Industry Projections), Ministry of Power (Installation under RDSS)
Data as on 30th April 2026
TRENDS & GROWTH DRIVERS
Permanent Magnets Limited Investor Presentation 28
EV Market: Market Trends
- Over 70 million electric cars were on the road by end of 2025, up 62% relative to 2023.
- Electric cars stock has grown 5-fold since 2018.
- Global EV sales have shown strong growth, rising from 2.2 million units in 2019 to 21 million in 2025.
- China has led this surge, contributing more than half of all annual car sales in 2025.
- However, the growth rate is gradually decelerating, indicating a shift from early adoption to market maturity.
- Globally, still around 1-in-4 new cars sold were electric in 2025.
Source: IEA
TRENDS & GROWTH DRIVERS
Permanent Magnets Limited Investor Presentation 29
NdFeB: The Opportunity
Overview
- Neodymium magents is a category of rare earth (RE) permanent magnets – specifically, neodymium-iron-boron (NdFeB)
- One of the strongest magnets commercially available, and has versatile applications
- One of the most widely used RE magnet
Trends
- Modern vehicles can use 140+ electric motors, many of which use NdFeB magnets
- EV, HEV vehicles use even a greater number of electric motors than ICE vehicles
- Traction motors & generators (used in EV, HEV) preferentially use NdFeb magnets
- Clean energy initiatives like wind to further drive demand for NdFeb magnets
Global Demand
- Global demand for NdFeB magnets was estimated at about 119,000 tons in 2020 (93% sintered magnets & 7% bonded magnets)
- EV's and offshore wind turbines will drive this growth and are projected to account for almost 30 percent and about 36 percent of NdFeB magnet demand, respectively, by 2030 as a result of the world's evolving clean energy goals.
- Global demand is estimated to go upto
| 119,000
tons by 2020 | |
| --- | --- |
| 387,000
tons by 2030 | |
| 750,000
tons by 2050 | |
Source: U.S. Department of Commerce, Neo Performance Materials, UBS Electric Vehicle Teardown Analysis, 2017
TRENDS & GROWTH DRIVERS
Permanent Magnets Limited Investor Presentation 50
Applications: NdFeB Magnets
Key Uses of NdFeb Magnets
- Whitegoods & consumer appliances
- ICE / EV / HEV
- Wind turbines
Y – volumes of application units
Small amounts of magnet, very large volumes (units)
Whitegoods & consumer appliances
Medium amounts of magnet (1-2 kg per EV drive train), sizable volumes (units)
ICE / EV / HEV
Large amounts of magnet, relatively small volumes (units)
Wind turbines & offshore turbines
Source: U.S. Department of Commerce
X – Amount of magnets (kg)
Other applications
Pumps & motors
Industrial automation
TRENDS & GROWTH DRIVERS
Permanent Magnets Limited Investor Presentation
31
Need for an Alternate Supply Chain
Over-reliance on China begets alternate supply chain sources
- China dominates mining, processing and manufacturing parts of the global NdFeb magents supply chain
- Global buyers are looking to reduce the dependence by the way of alternate supply chain sources, but being price-competitive is equally important
- Chinese concentration increases further at every downstream stage, rising from a 58% share of annual global rare earth mining in 2020 to a 92% share of annual global magnet production, the stage with the highest added value
- Strategic partnerships by the way of technical know-how + manufacturing partnership can create alternate assets in countries like India
NdFeb Magnets Value Chain
- Mining
- ☑ Processing of carbonates/separation of oxides /
- ☑ Metallization/alloying
- ☑ Magnet production
- ☑ Recycling
Geographical concentration of supply chain stages for sintered NdFeB magnets
From center: rare earth mining, oxide separation, metal refining and magnet manufacturing
Source: U.S. Department of Energy
TRENDS & GROWTH DRIVERS
Permanent Magnets Limited Investor Presentation
32
Global Shift from Heavy to Light Rare Earth Magnets
Trigger
April 2025 China export controls covered seven medium-heavy rare earths (samarium, gadolinium, terbium, dysprosium, lutetium, scandium, yttrium) and related magnets. October 2025 extended controls to overseas products and processing technologies. Light rare earths were not restricted.
Supply shock
Chinese rare earth magnet exports fell roughly 75% in the two months following April 2025 (as per ORF America); European prices rose to multiples of Chinese levels. Carmakers, wind and electronics manufacturers reported shortages and production cuts.
Industry response to remove heavy rare earths
- Grain boundary diffusion (GBD) now at industrial scale (60,000 to 80,000 tonnes annually), cutting dysprosium and terbium use by 70% to 100% in NdFeB magnets.
- Rare-earth-free alternatives scaling: ferrite, iron-nitride and manganese-bismuth based magnets.
India's strategic position
- Around 13.07 million tonnes of in-situ monazite established by DAE/AMD, containing 55% to 60% total REE oxide, dominated by light rare earths (lanthanum, cerium, neodymium, praseodymium).
- Xenotime, the heavy-rare-earth-bearing mineral, has negligible resources in India.
- The global pivot toward light rare earth magnets is structurally favorable for India's resource base.
05
FINANCIAL SNAPSHOT
| PROFIT & LOSS STATEMENT SUMMARY | 34 |
|---|---|
| BALANCE SHEET STATEMENT SUMMARY | 35 |
| CASH FLOW STATEMENT SUMMARY | 36 |
| KEY PERFORMANCE INDICATORS | 37 |
FINANCIAL SNAPSHOT
Permanent Magnets Limited Investor Presentation
34
Standalone: Profit & Loss Statement Summary
| PARTICULARS (₹ in Crore) | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Total Revenue | 133.26 | 188.19 | 205.87 | 204.08 | 231.65 |
| Total Operating Expenses | 102.78 | 141.47 | 166.04 | 172.32 | 186.45 |
| EBITDA (Excluding OI) | 26.73 | 41.27 | 35.43 | 27.22 | 39.01 |
| EBITDA (Excluding OI) % | 21% | 23% | 18% | 14% | 17% |
| Interest Cost | 0.86 | 1.27 | 2.05 | 2.17 | 3.12 |
| Depreciation & Ammortisation | 4.06 | 5.49 | 6.87 | 9.33 | 12.63 |
| Profit Before Taxes | 25.57 | 39.96 | 30.91 | 20.26 | 29.45 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 1.74 |
| PBT after Exceptional Items | 25.57 | 39.96 | 30.91 | 20.26 | 27.70 |
| Net Profits (Including OCI) | 19.05 | 29.76 | 22.73 | 15.16 | 20.69 |
| Earnings Per Share (₹) | 22.16 | 34.61 | 26.44 | 17.63 | 24.06 |
FINANCIAL SNAPSHOT
Permanent Magnets Limited Investor Presentation
35
Standalone: Balance Sheet Statement Summary
| PARTICULARS (₹ in Crore) | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders Fund | 82.22 | 110.95 | 132.39 | 146.00 | 164.97 |
| Non Current Liabilities | 3.91 | 4.69 | 15.11 | 14.61 | 32.59 |
| Current Liabilities | 29.84 | 35.63 | 35.25 | 29.3 | 40.79 |
| - Trade Payables | 24.60 | 29.35 | 27.29 | 19.94 | 28.57 |
| Total | 115.97 | 151.27 | 182.76 | 189.91 | 238.35 |
| Non Current Assets | 18.55 | 29.97 | 38.37 | 60.95 | 87.33 |
| Current Assets | 97.42 | 121.30 | 144.39 | 128.97 | 151.02 |
| - Inventories | 37.29 | 53.39 | 54.87 | 53.11 | 55.26 |
| - Trade Receivables | 35.45 | 50.95 | 39.68 | 39.24 | 54.68 |
| Total | 115.97 | 151.27 | 182.76 | 189.91 | 238.35 |
FINANCIAL SNAPSHOT
Permanent Magnets Limited Investor Presentation
36
Standalone: Cash Flow Statement Summary
| PARTICULARS (₹ in Crore) | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from Operating Activities | 3.66 | 11.47 | 19.36 | 36.30 | 31.40 |
| Cash from Investing Activities | -3.80 | -9.52 | -17.94 | -27.59 | -27.75 |
| Cash from Financing Activities | -2.63 | -1.23 | 2.02 | -8.30 | 2.91 |
| Net Cash Flow | -2.76 | 0.73 | 3.44 | 0.41 | 6.55 |
| Net Cash at Beginning of Year | 3.43 | 0.67 | 1.40 | 4.84 | 5.24 |
| Net Cash at End of Year | 0.67 | 1.40 | 4.84 | 5.24 | 11.79 |
FINANCIAL SNAPSHOT
Permanent Magnets Limited Investor Presentation
Standalone: Key Performance Indicators
EBITDA Margin (In %)
ROCE (In %)
ROE (In %)
Working Capital Days (In Days)
Safe Harbour
No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of Permanent Magnets Limited ("Company" or "PML" or "Permanent Magnets"), which are expressed in good faith and in their opinion reasonable, including those relating to the Company's general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company's business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments. This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. This presentation may not be copied or disseminated, in whole or in part, and in any manner.
Get in touch
PML
RACHANA SAWANT
PERMANENT MAGNETS LIMITED
[email protected]
til
SAYAM POKHARNA
TIL ADVISORS PRIVATE LIMITED
[email protected]