Permanent Magnets (BOM:504132) ROCE %: 11.54% (As of Mar. 2026)


BOM:504132 Permanent Magnets Ltd BOM:504132
67 GF Score
Price ₹931.10
GF Value ₹1,086.56
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Permanent Magnets ROCE %?

Permanent Magnets BOM:504132 -1.96% 67 ROCE % is 11.54% as of Mar. 2026. GuruFocus rates BOM:504132 with a GF Score™ of 67/100 and a GF Value™ of ₹1,086.56 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Permanent Magnets's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.54%.

Permanent Magnets  (BOM:504132) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Permanent Magnets ROCE % Related Terms

Permanent Magnets ROCE % Historical Data

* Premium members only.

The historical data trend for Permanent Magnets's ROCE % 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 ROCE % Chart

Permanent Magnets Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.01 0.00 22.36 14.94 13.21

Permanent Magnets Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 4.86 23.02 9.77 14.36 11.54
BOM:504132
67GF Score
Permanent Magnets Ltd BOM:504132
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Permanent Magnets ROCE % Calculation

Permanent Magnets's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=264.9/( ( (1941.6 - 327.2) + (2821.5 - 426) )/ 2 )
=264.9/( (1614.4+2395.5)/ 2 )
=264.9/2004.95
=13.21 %

Permanent Magnets's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=276.4/( ( (0 - 0) + (2821.5 - 426) )/ 1 )
=276.4/( ( 0 + 2395.5 )/ 1 )
=276.4/2395.5
=11.54 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 11.54% mean?
Permanent Magnets (BOM:504132) has a ROCE % of 11.54% as of Mar. 2026.
Is Permanent Magnets' ROCE % too high?
Permanent Magnets' current ROCE % is 11.54%. The Industrial Products industry median ROCE % is 7.05. Permanent Magnets' value of 11.54% is 63.8% above this industry median. Overall, Permanent Magnets has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Permanent Magnets' ROCE % compare to VRT and BE?
Permanent Magnets' ROCE % of 11.54% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.05. Permanent Magnets' value of 11.54% is 63.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.05, based on 3,026 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Permanent Magnets's current ROCE % of 11.54% is 63.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permanent Magnets's current ROCE % is 11.54%. 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?
Based on GuruFocus' analysis, Permanent Magnets (BOM:504132) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,086.56, compared to a current price of ₹931.10 — trading 14.3% below its estimated fair value. The current ROCE % is 11.54% and 63.8% above the Industrial Products industry median of 7.05. Permanent Magnets' overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Permanent Magnets (BOM:504132), the current ROCE % is 11.54% 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.

Is Permanent Magnets (BOM:504132) Overvalued in 2026?

Based on GuruFocus' analysis, Permanent Magnets stock appears to be undervalued. The current stock price of ₹931.10 is trading 14.3% below its estimated GF Value™ of ₹1,086.56. GuruFocus considers Permanent Magnets to be Modestly Undervalued.

Key valuation signals for BOM:504132:

  • ROCE %: 11.54%
  • GF Value™: ₹1,086.56 vs. price of ₹931.10 (14.3% below fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 63.8% above the Industrial Products median

No single metric tells the full story. See the BOM:504132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

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.
67GF Score

Get the complete analysis for BOM:504132

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

₹931.10
Price
₹1,086.56
GF Value