Permanent Magnets Ltd FY26 Revenue Grows 13% to ₹225 Cr

Permanent Magnets Ltd (PML) has released its 65th Annual Report for FY 2025-2026, detailing a return to growth after a subdued FY25. The company reported a 13% year-on-year increase in standalone Revenue from Operations to approximately ₹225 crores. This growth was primarily driven by the Alloys division and improved export performance in the latter half of the fiscal year, alongside steady demand in electricity meter and automotive applications. Standalone EBITDA margin improved to 17% from 14% in the previous year, attributed to a more favorable product mix and increased revenue scale. PML emphasizes its core values of Trust, Reliability, and Quality, which have underpinned its success and position as a preferred supplier across product categories. The company aims to be a leading global solutions provider, consistently delivering value to all stakeholders.