Permanent Magnets' Q1 FY 2026-27 Quarterly Results

Result Summary

• Permanent Magnets Ltd reported a 6.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 17.1%.
• Its expenses for the quarter were down by 8.7% QoQ and up 26.1% YoY.
• The net profit decreased 4.8% QoQ and decreased 38.4% YoY.
• The earnings per share (EPS) of Permanent Magnets Ltd stood at 4.42 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Permanent Magnets Ltd is a company involved in the production and distribution of magnets and related products. Operating within the industrial manufacturing sector, the company specializes in providing magnetic solutions and components for various applications, including but not limited to, automotive, electronics, and industrial machinery. As of the latest period, there are no specific recent major developments publicly available about the company. The company is known for its focus on innovation and quality in its product offerings, which cater to a broad range of industrial needs.

Revenue

During Q1FY27, Permanent Magnets Ltd reported a total income of ₹64.16 crores. This figure represents a decline of 6.5% from the previous quarter (Q4FY26), where total income stood at ₹68.59 crores. However, compared to the same quarter in the previous fiscal year (Q1FY26), there is an increase of 17.1% from ₹54.79 crores. This year-over-year growth suggests a positive trajectory in revenue generation when compared annually, although quarter-over-quarter figures show a contraction.

Profitability

For Q1FY27, the company recorded a Profit Before Tax (PBT) of ₹5.99 crores, which marks an increase of 12.0% from the previous quarter's PBT of ₹5.35 crores. Despite this quarterly improvement, the PBT has decreased by 30.9% from Q1FY26, where it was ₹8.67 crores. The tax expense for Q1FY27 was ₹2.19 crores, reflecting a significant increase of 61.0% from the previous quarter's tax of ₹1.36 crores, yet it is lower than the ₹2.50 crores recorded in Q1FY26 by 12.4%. Consequently, the Profit After Tax (PAT) for Q1FY27 stands at ₹3.80 crores, which is a 4.8% decrease from Q4FY26's ₹3.99 crores and a 38.4% decrease year-over-year from Q1FY26's ₹6.17 crores.

Operating Metrics

The Earnings Per Share (EPS) for Q1FY27 is ₹4.42, which has decreased by 11.4% from Q4FY26's EPS of ₹4.99 and shows a 38.4% decline compared to Q1FY26's EPS of ₹7.17. Total expenses for the quarter were ₹58.17 crores, reflecting a reduction of 8.7% from the previous quarter's expenses of ₹63.72 crores, yet these have increased by 26.1% when compared to the ₹46.12 crores in expenses for Q1FY26. These metrics indicate fluctuations in the company's operational efficiency and cost management over both the quarter and year.