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    HomeNewsBusinessStocksPermanent Magnets announces final dividend of Rs 2.00, ex-date due tomorrow

    Permanent Magnets announces final dividend of Rs 2.00, ex-date due tomorrow

    Permanent Magnets' stock experienced a slight decline of 1.36%, with the last traded price at Rs 911.60. The company has a market capitalization of Rs 783.83 crore.

    Alpha Desk
    July 29, 2025 / 08:36 IST
    Disclaimer This is an AI-assisted live blog with updates from multiple sources Disclaimer

    Permanent Magnets has announced a final dividend of Rs 2.00 per share, with the ex-date due tomorrow, July 30, 2025. The company's last traded price was Rs 911.60, a decline of 1.36% compared to the previous day's close. This dividend provides an opportunity for investors to gain returns, in addition to the potential capital appreciation of the stock. The dividend payout reflects the company’s performance and its commitment to delivering value to its shareholders.

    Dividend Details

    Dividend Details
    ParticularsDetails
    Dividend per shareRs 2.00
    Ex-DateJuly 30, 2025

    Financial Performance


    Permanent Magne's recent financial performance shows a mixed trend. The company's revenue for the year ending March 2025 stood at Rs 205.05 crore, compared to Rs 201.48 crore in the previous year. However, the net profit decreased from Rs 19.16 crore in 2024 to Rs 15.75 crore in 2025. The earnings per share (EPS) also saw a decline from Rs 23.24 to Rs 18.30. Despite the decrease in net profit and EPS, the book value per share increased from Rs 150.76 in 2024 to Rs 167.49 in 2025. The company's return on equity (ROE) also decreased from 14.77% to 10.93%, while the debt-to-equity ratio slightly decreased from 0.10 to 0.08.

    Analyzing the quarterly results, the revenue has fluctuated, with the latest quarter (March 2025) showing Rs 45.28 crore compared to Rs 53.60 crore in March 2024. The net profit for the same period was Rs 1.58 crore, down from Rs 2.51 crore. The EPS also decreased from Rs 2.91 to Rs 1.82.

    Key Financial Metrics
    MetricMar 2025 (Yearly)Mar 2024 (Yearly)Change
    RevenueRs 205.05 CrRs 201.48 Cr+1.77%
    Net ProfitRs 15.75 CrRs 19.16 Cr-17.79%
    EPSRs 18.30Rs 23.24-21.26%

    Balance Sheet and Cash Flow


    The company’s balance sheet indicates that its total liabilities have increased slightly from Rs 191 crore in March 2024 to Rs 194 crore in March 2025. The assets also saw a similar increase. Cash flow from operating activities increased from Rs 23 crore to Rs 38 crore year-on-year.

    Market Reaction


    Permanent Magnets' stock experienced a slight decline of 1.36%, with the last traded price at Rs 911.60. The company has a market capitalization of Rs 783.83 crore. This market reaction could be influenced by the overall financial performance, which showed a decrease in net profit and EPS compared to the previous year.

    Alpha Desk
    first published: Jul 29, 2025 08:36 am

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