Payton Planar Magnetics Ltd (Payton), a subsidiary of Payton Industries Ltd, designs, is a manufacturer and marketer of planar and conventional transformers and inductors. It serves industrial, automotive, medical, telecom/data center, and power electronics markets.

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R&D arm of the company focuses on developing new technology and products and enhancing and its existing technology. The company performs its R&D in conjunction with the R&D divisions of forerunners of today’s global technology to identify future technology needs. In FY2025, the company incurred expenses of US$1.9 million, which as a percentage of revenue stood at 4.1%.