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Empowering Industries. Creating Value. Building Trust.

At Permanent Magnets Limited (PML), we are proud of our legacy of innovation, quality, and trust. With over six decades of manufacturing expertise, we continue to lead with cutting-edge magnetic solutions across global markets.

Navigating Challenges. Charting Growth.

FY 2024–25 has been a year of strategic evolution and steady growth. Despite temporary profitability impact due to product mix changes, PML delivered strong revenue performance. This has reinforced our focus on innovation and operational agility, paving the way for long-term, sustainable growth.

60+ years

of experience in magnets, magnetic assemblies, electric vehicle and electric meter components

5 facilities

Fully-equipped facilities ensuring efficient production and superior quality

545+

committed team members of skilled professionals driving our success

350+ SKUs

actively manufactured SKUs serving diverse industries

81 engineers

at the forefront of innovation and technological advancements

Our Vision

We aim to empower industries through cutting-edge magnetic solutions while ensuring sustainable growth for our stakeholders. PML remains committed to delivering shareholder value through innovation and global expansion.

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Trusted Across Industries

PML’s diverse product portfolio serves high-impact sectors including automotive, renewable energy, healthcare, electronics, and aerospace. Our R&D-driven approach helps us stay agile in a competitive and rapidly evolving marketplace.

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Driving Positive Change for a Better Tomorrow

We focus on sustainable practices that deliver long-term value. Through minimized waste, reduced emissions, and ongoing innovation, we are dedicated to lessening our environmental footprint.

Invest in PML

Proven financial performance with consistent value creation

Strong leadership with deep industry knowledge

Customer trust and long-standing global relationships

Focused on innovation and emerging technologies

Ethical and sustainable business practices

Explore more about our journey and financial updates

Annual Report FY 2023-24

Annual Report FY 2023-24

Explore more about our Corporate Governance

Board of Directors & Various Committees

Board of Directors & Various Committees

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Join Us on Our Journey

As we continue to pioneer magnetic innovations, we invite you to be a part of our growth story. Together, let’s shape the future of industries.

News and Recognition

Our commitment to quality, reliability, and innovation consistently earns us recognition. Explore the latest news and accomplishments highlighting how we're shaping the future.

Auto EV Exhibition

09 - 11 November 2022 | KTPO Bengaluru

Auto EV Exhibition

A path breaking event that harnesses the best minds presenting on a single platform to showcase that is the best available in the realm of the automotive world

Auto EV Exhibition

09 - 11 November 2022 | KTPO Bengaluru

Auto EV Exhibition

A path breaking event that harnesses the best minds presenting on a single platform to showcase that is the best available in the realm of the automotive world