Permanent Magnets Q2FY27 standalone EBITDA up 159% YoY; Quantum Magnetics Phase 2 CAPEX commissioned
PML commissioned its Quantum Magnetics Phase 2 CAPEX, covering block cutting and surface treatment, in October 2026.
By ScoutQuest · · 1 min read
- Standalone EBITDA
- rose 159% YoY to ₹17.81 crore
- EBITDA margin
- rose 1,048 bps YoY to 24.6%
- Profit before taxes, Q2FY27
- up 178% YoY
- Release
- Results press release
- Period
- Q2 FY27
_Standalone figures, Q2 FY27; the results update showed consolidated_
📊 Profit before taxes, Q2FY27: up 178% YoY
🏭 Permanent Magnets commissioned the Phase 2 CAPEX at its Quantum Magnetics business in October 2026, covering block cutting, machining and surface treatment, which the company says was in line with the Q3FY27 timeline it shared earlier. The company says the product approval process is expected to start soon.
🏭 The company says Alloys division revenue increased significantly year on year in H1FY27, but full capacity could not be utilised due to teething issues at the new furnace. The company expects better utilisation of the new furnace capacity in H2FY27.
📌 The company expects to make pilot supplies in its Relays business in H2FY27, with a material ramp-up expected in FY28. Based on current projections, the company expects EV demand to remain at a similar level for the rest of the financial year.
📌 Finance cost rose 88% YoY to ₹0.81 crore in Q2FY27 from ₹0.43 crore a year earlier.
Also from Permanent Magnets
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24 Oct 2026
Permanent Magnets to hold Q2 & H1FY27 earnings conference call on October 24, 2026 at 3:00 pm IST
19 Oct 2026
More numbers
- Revenue from operations, Q2FY2772.46 (₹ Cr)
- Total income, Q2FY2773.49 (₹ Cr)
- Profit before taxes, Q2FY2714.60 (₹ Cr)
- Profit after taxes, Q2FY279.98 (₹ Cr)
- EBITDA (excluding other income), Q2FY2717.81 (₹ Cr)
- EBITDA (excluding other income) margin, Q2FY2724.6%
- Earnings per share, Q2FY2711.61 (₹)
- Finance cost, Q2FY270.81 (₹ Cr)
- Finance cost growth YoY, Q2FY2788%
- Revenue from operations growth YoY, Q2FY2749%
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