Permanent Magnets Ltd vs Servotech Renewable Power System Ltd Stock Comparison

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Last Updated on: May 26, 2026

Key Highlights

The Latest Trading Price of Permanent Magnets Ltd is ₹ 867.35 as of 26 May 15:30 . The 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 4 yearsThe P/E Ratio of Servotech Renewable Power System Ltd changed from 143.7 on March 2024 to 34.6 on March 2023 . This represents a CAGR of -29.95% over 4 years The 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 4 yearsThe Market Cap of Servotech Renewable Power System Ltd changed from ₹ 1683 crore on March 2024 to ₹ 765.56 crore on March 2023 . This represents a CAGR of -17.88% over 4 years 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 revenue of Servotech Renewable Power System Ltd for the Mar '26 is ₹ 219 crore as compare to the Dec '25 revenue of ₹ 211.54 crore. This represent the growth of 3.53% 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 ebitda of Servotech Renewable Power System Ltd for the Mar '26 is ₹ 24.2 crore as compare to the Dec '25 ebitda of ₹ 28.47 crore. This represent the decline of -15% 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 net profit of Servotech Renewable Power System Ltd changed from ₹ 4.49 crore to ₹ 10.49 crore over 8 quarters. This represents a CAGR of 52.85% The 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 yearsThe Dividend Payout of Servotech Renewable Power System Ltd changed from 10.2 % on March 2022 to 3.36 % on March 2025 . This represents a CAGR of -24.24% over 4 years .

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.

About Servotech Renewable Power System Ltd

Servotech Renewable Power Systems Limited was initially incorporated as a Private Limited Company as 'Servotech Power Systems Private Limited' on September 24, 2004.
Subsequently, the Company was converted into Public Limited Company and the name was changed to 'Servotech Power Systems Limited' on May 24, 2017 and again was renamed as 'Servotech Renewable Power Systems Limited' vide revised Certificate of Incorporation on December 18, 2024. Initially, Servotech was manufacturing Inverters, UPS and Servo Stablizers under the brand name 'SERVOTECH'.
The Company started production of LED products in the year 2011.
Its products include LED light bulbs, LED downlights, LED flood light, LED panel lights, LED tube lights, LED bay lights, outdoor lights (street lights, floodlights). The Company is primarily engaged in manufacturing of LED lights and Solar power products.

FAQs for the comparison of Permanent Magnets Ltd and Servotech Renewable Power System Ltd

Which company has a larger market capitalization, Permanent Magnets Ltd or Servotech Renewable Power System Ltd?

Market cap of Permanent Magnets Ltd is 745 Cr while Market cap of Servotech Renewable Power System Ltd is 2,127 Cr

What are the key factors driving the stock performance of Permanent Magnets Ltd and Servotech Renewable Power System Ltd?

The stock performance of Permanent Magnets Ltd and Servotech Renewable Power System 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 Permanent Magnets Ltd and Servotech Renewable Power System Ltd?

As of May 26, 2026, the Permanent Magnets Ltd stock price is INR ₹867.35. On the other hand, Servotech Renewable Power System Ltd stock price is INR ₹94.2.

How do dividend payouts of Permanent Magnets Ltd and Servotech Renewable Power System Ltd compare?

To compare the dividend payouts of Permanent Magnets Ltd and Servotech Renewable Power System 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.