Permanent Magnets (BOM:504132) Interest Expense: ₹-41 Mil (TTM As of Mar. 2026)

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BOM:504132 Permanent Magnets Ltd BOM:504132
45 GF Score
Price ₹838.50
! 1 Warning Sign
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What is Permanent Magnets Interest Expense?

Permanent Magnets BOM:504132 +2.13% 45 Interest Expense is ₹-41 Mil as of Mar. 2026. GuruFocus rates BOM:504132 with a GF Score™ of 45/100. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Permanent Magnets's interest expense for the three months ended in Mar. 2026 was ₹ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-41 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Permanent Magnets's Operating Income for the three months ended in Mar. 2026 was ₹ 44 Mil. Permanent Magnets's Interest Expense for the three months ended in Mar. 2026 was ₹ -16 Mil. Permanent Magnets's Interest Coverage for the quarter that ended in Mar. 2026 was 2.79. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Permanent Magnets  (BOM:504132) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Permanent Magnets's Interest Expense for the three months ended in Mar. 2026 was ₹-16 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹795 Mil.

Permanent Magnets's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*43.6/-15.6
=2.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Permanent Magnets Interest Expense Historical Data

* Premium members only.

The historical data trend for Permanent Magnets's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Permanent Magnets Interest Expense Chart

Permanent Magnets Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.21 -9.09 -12.90 -21.10 -33.80

Permanent Magnets Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.80 -6.20 -4.70 -14.50 -15.60
BOM:504132
45GF Score
Permanent Magnets Ltd BOM:504132
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Permanent Magnets Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-41 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-41 Mil mean?
Permanent Magnets (BOM:504132) has a Interest Expense of ₹-41 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Permanent Magnets and its competitors.
Is Permanent Magnets' Interest Expense too high?
Permanent Magnets' current Interest Expense is ₹-41 Mil. Overall, Permanent Magnets has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Permanent Magnets' Interest Expense compare to VRT and BE?
Permanent Magnets' Interest Expense of ₹-41 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Permanent Magnets and its competitors. Permanent Magnets's current Interest Expense is ₹-41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permanent Magnets stock overvalued right now?
Permanent Magnets (BOM:504132) has a current Interest Expense of ₹-41 Mil. The current Interest Expense is ₹-41 Mil. Permanent Magnets' overall GF Score™ is 45/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Permanent Magnets (BOM:504132), the current Interest Expense is ₹-41 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Permanent Magnets Business Description

Address MIDC Industrial Area, Plot No. B-3, Village Mira, Mira Road (East), Thane, MH, IND, 401107
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast alloy magnets, parts, and accessories for electricity and electric vehicle parts in the world. PML also supplies Gas meter parts and accessories. The assembly includes die-cast parts, plastic parts, brass parts, bi-metal parts, stainless steel parts, and special copper alloy and nickel alloy parts. Its products are used in electronics, electricity meters, the automobile industry, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. It operates in a single segment, which is Engineering and Current Sensing applications.
45GF Score

Get the complete analysis for BOM:504132

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹838.50
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