Permanent Magnets Ltd vs Sparc Electrex Ltd Stock Comparison
Permanent Magnets Ltd vs Sparc Electrex Ltd Stock Comparison
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 is 51.9 as of March 2024
.The P/E Ratio of Sparc Electrex Ltd is 0 as of March 2024
. The Market Cap of Permanent Magnets Ltd is ₹ 1048 crore as of March 2024
.The Market Cap of Sparc Electrex Ltd is ₹ 0 crore as of March 2024
. 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 Sparc Electrex Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% 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 Sparc Electrex Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% 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 Sparc Electrex Ltd changed from ₹ 0 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of 0.0%
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 Sparc Electrex Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 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 Sparc Electrex Ltd
Sparc Electrex Limited was originally incorporated as Sparc Systems Private Limited' on September 14, 1989, with the Registrar of Companies, Maharashtra.
In 1994, Company was converted from Private Limited Company into a Public Limited Company effecting the name change to Sparc Systems Limited', and a fresh certificate of incorporation was granted by the Registrar of Companies, Maharashtra on January 18, 1994.
Due to change in new business activities, the Company name has got changed from 'Sparc Systems Limited' to 'Sparc Electrex Limited' on January 13, 2022 with due approval from the Registrar of Companies, Mumbai.
For more than 13 years, Sparc has specialized in developing, manufacturing and distributing electronic solutions.
Initially, Company was engaged in the business of Software and Hardware Electronic Security Solutions for Office Automation, Electronic Security Systems, Embedded and Internet Appliances etc.
FAQs for the comparison of Permanent Magnets Ltd and Sparc Electrex Ltd
Which company has a larger market capitalization, Permanent Magnets Ltd or Sparc Electrex Ltd?
Market cap of Permanent Magnets Ltd is 745 Cr while Market cap of Sparc Electrex Ltd is 5 Cr
What are the key factors driving the stock performance of Permanent Magnets Ltd and Sparc Electrex Ltd?
The stock performance of Permanent Magnets Ltd and Sparc Electrex 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 Sparc Electrex Ltd?
As of May 26, 2026, the Permanent Magnets Ltd stock price is INR ₹867.35. On the other hand, Sparc Electrex Ltd stock price is INR ₹5.35.
How do dividend payouts of Permanent Magnets Ltd and Sparc Electrex Ltd compare?
To compare the dividend payouts of Permanent Magnets Ltd and Sparc Electrex 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.