Permanent Magnets FY26 Revenue Up 13%, EBITDA at 17%

Permanent Magnets reported standalone FY26 revenue of ₹231.65 crore, a 13% YoY increase, with EBITDA margins improving to 17%.
The company commercialized a new alloys furnace in Q4 and is focusing on scaling up Alloys, Relays, and Quantum Magnetics divisions for future growth.
Management provided updates on project timelines, with Relays commercial ramp-up expected from H2FY27 and Quantum Magnetics Phase 2 CAPEX in Q3FY27.
The presentation outlines a strategic roadmap for Quantum Magnetics, targeting 5,000 tons of integrated NdFeB magnet capacity by FY31.