Alpex Solar Ltd vs Permanent Magnets Ltd Stock Comparison

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Last Updated on: May 26, 2026

Key Highlights

The Latest Trading Price of Alpex Solar Ltd is ₹ 983.6 as of 25 May 15:30 . The P/E Ratio of Alpex Solar Ltd changed from 28 on March 2024 to 0 on March 2023 . This represents a CAGR of -100.00% over 5 yearsThe P/E Ratio of Permanent Magnets Ltd changed from 51.9 on March 2024 to 0 on March 2023 . This represents a CAGR of -100.00% over 5 years The Market Cap of Alpex Solar Ltd changed from ₹ 813.25 crore on March 2024 to ₹ 0 crore on March 2023 . This represents a CAGR of -100.00% over 5 yearsThe Market Cap of Permanent Magnets Ltd changed from ₹ 1048 crore on March 2024 to ₹ 0 crore on March 2023 . This represents a CAGR of -100.00% over 5 years The revenue of Alpex Solar Ltd for the Mar '26 is ₹ 675.96 crore as compare to the Dec '25 revenue of ₹ 649.03 crore. This represent the growth of 4.15% The revenue of Permanent Magnets Ltd for the Mar '26 is ₹ 69.08 crore as compare to the Dec '25 revenue of ₹ 58.41 crore. This represent the growth of 18.27% The ebitda of Alpex Solar Ltd for the Mar '26 is ₹ 92.87 crore as compare to the Dec '25 ebitda of ₹ 89.97 crore. This represent the growth of 3.22% The ebitda of Permanent Magnets Ltd for the Mar '26 is ₹ 12.03 crore as compare to the Dec '25 ebitda of ₹ 9.67 crore. This represent the growth of 24.41% The net profit of Alpex Solar Ltd changed from ₹ 1.06 crore to ₹ 53.27 crore over 8 quarters. This represents a CAGR of 608.91% The net profit of Permanent Magnets Ltd changed from ₹ 5.04 crore to ₹ 3.99 crore over 8 quarters. This represents a CAGR of -11.02% The Dividend Payout of Alpex Solar Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Permanent Magnets Ltd changed from 5.33 % on March 2021 to 11.34 % on March 2025 . This represents a CAGR of 16.30% over 5 years .

About Alpex Solar Ltd

Alpex Solar Limited, led by the founder Promoter, Mr. Ashwani Sehgal was originally incorporated on August 27, 1993 as a Private Limited Company as 'Alpex Exports Private Limited' with the Registrar of Companies, Chandigarh.
The name of Company got changed to 'Alpex Solar Private Limited' on September 07, 2017 at Delhi.
Thereafter, the Company got converted from a Private Limited Company to Public Limited Company, the name changed to 'Alpex Solar Limited' and a Fresh Certificate of Incorporation dated September 01, 2023 was issued by Registrar of Companies, Delhi. Alpex Solar is a Nodia-based Solar Photovoltaic (PV) module manufacturer in North India.
The PV modules are manufactured using monocrystalline and polycrystalline cell technologies.
The Company provide integrated solar energy solutions, including engineering, procurement, construction (EPC) of DC/AC Solar Pumps.

About Permanent Magnets Ltd

Incorporated in 1960, Permanent Magnet Limited is one of the flagship Companies of Taparia group, Mumbai and one of the leading manufacturers of Cast alloy Permanent Magnets, Parts and accessories of electricity and electric vehicle parts in the world.
The Company commenced its business in 1960 and is a leading solution provider of electrical components and assemblies based on certain core technologies which find application in the automobile, energy meter, renewable energy, aerospace & defence, food & beverage and many other such industries. PML also supplies Gas meters 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.
The Company has strong expertise in 5 core product platforms, wherein it designs and delivers innumerable customer-specific solutions, and these product platforms include magnetic sensing, current sensing, magnetic assemblies, alloys and ZAMAK die-casting.

FAQs for the comparison of Alpex Solar Ltd and Permanent Magnets Ltd

Which company has a larger market capitalization, Alpex Solar Ltd or Permanent Magnets Ltd?

Market cap of Alpex Solar Ltd is 2,512 Cr while Market cap of Permanent Magnets Ltd is 747 Cr

What are the key factors driving the stock performance of Alpex Solar Ltd and Permanent Magnets Ltd?

The stock performance of Alpex Solar Ltd and Permanent Magnets Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Alpex Solar Ltd and Permanent Magnets Ltd?

As of May 26, 2026, the Alpex Solar Ltd stock price is INR ₹983.6. On the other hand, Permanent Magnets Ltd stock price is INR ₹868.65.

How do dividend payouts of Alpex Solar Ltd and Permanent Magnets Ltd compare?

To compare the dividend payouts of Alpex Solar Ltd and Permanent Magnets Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.