Palco Metals Ltd
Incorporated in 1962, Palco Metals Ltd is in the business of Aluminum Wire rod & other Aluminum Deoxidants
- Market Cap ₹ 98.0 Cr.
- Current Price ₹ 245
- High / Low ₹ 282 / 67.4
- Stock P/E
- Book Value ₹ 20.0
- Dividend Yield 0.00 %
- ROCE 2.51 %
- ROE 0.38 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 12.3 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.25% over last 3 years.
- Company has high debtors of 417 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | -0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.05 | 0.28 | 0.31 | |
0.16 | 0.10 | 0.10 | 0.17 | 0.12 | 0.13 | 0.20 | 0.14 | 0.11 | 0.08 | 0.08 | 0.10 | 0.15 | |
Operating Profit | -0.16 | -0.13 | -0.10 | -0.17 | -0.12 | -0.13 | -0.20 | -0.14 | -0.11 | -0.04 | -0.03 | 0.18 | 0.16 |
OPM % | 18.75% | 6.67% | 8.33% | -100.00% | -60.00% | 64.29% | 51.61% | ||||||
0.33 | 0.20 | 0.20 | 0.92 | 0.23 | 0.16 | 0.27 | 0.15 | 0.12 | 0.06 | 0.06 | 0.02 | 0.00 | |
Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.20 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.17 | 0.07 | 0.10 | 0.74 | 0.02 | 0.03 | 0.07 | 0.01 | 0.01 | 0.02 | 0.03 | 0.10 | -0.04 |
Tax % | 29.41% | 28.57% | 20.00% | 64.86% | 650.00% | 33.33% | 28.57% | 0.00% | 0.00% | 50.00% | 33.33% | 70.00% | |
0.13 | 0.05 | 0.07 | 0.26 | -0.10 | 0.02 | 0.05 | 0.00 | 0.01 | 0.01 | 0.02 | 0.03 | -0.05 | |
EPS in Rs | 0.32 | 0.12 | 0.18 | 0.65 | -0.25 | 0.05 | 0.12 | 0.00 | 0.02 | 0.02 | 0.05 | 0.08 | -0.12 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 288% |
Compounded Profit Growth | |
---|---|
10 Years: | -5% |
5 Years: | -10% |
3 Years: | 44% |
TTM: | -67% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 64% |
3 Years: | 113% |
1 Year: | 253% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 0% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
Reserves | 13.21 | 13.26 | 13.34 | 3.91 | 3.81 | 3.83 | 3.92 | 3.92 | 3.93 | 3.94 | 3.96 | 3.99 |
3.00 | 3.00 | 3.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
1.32 | 0.03 | 0.06 | 1.00 | 3.97 | 3.05 | 3.08 | 3.14 | 2.22 | 2.16 | 2.09 | 2.01 | |
Total Liabilities | 21.53 | 20.29 | 20.40 | 11.91 | 11.78 | 10.88 | 11.00 | 11.06 | 10.15 | 10.10 | 10.05 | 10.00 |
9.71 | 9.71 | 9.71 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 3.87 | 8.87 | 8.80 | 8.80 | 8.80 | 8.80 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 |
7.95 | 1.71 | 1.89 | 3.11 | 2.98 | 2.08 | 1.85 | 1.91 | 1.00 | 0.95 | 0.90 | 0.85 | |
Total Assets | 21.53 | 20.29 | 20.40 | 11.91 | 11.78 | 10.88 | 11.00 | 11.06 | 10.15 | 10.10 | 10.05 | 10.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.33 | 4.86 | -0.14 | -10.06 | -0.26 | -0.22 | -0.06 | -0.10 | 0.00 | -0.61 | 0.26 | 1.67 | |
0.00 | -4.86 | 0.17 | 9.83 | 0.23 | 0.16 | -0.17 | 0.15 | 0.12 | 0.06 | 0.06 | 0.02 | |
0.00 | 0.00 | 0.00 | -0.01 | 0.09 | 0.00 | 0.24 | 0.04 | -0.20 | 0.55 | -0.30 | -1.71 | |
Net Cash Flow | 0.33 | 0.00 | 0.03 | -0.24 | 0.07 | -0.05 | 0.00 | 0.08 | -0.08 | 0.01 | 0.02 | -0.02 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 730.00 | 438.00 | 417.14 | ||||||||
Inventory Days | 0.00 | |||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0.00 | 730.00 | 438.00 | 417.14 | ||||||||
Working Capital Days | 6,326.67 | 3,558.75 | 1,095.00 | 573.57 | ||||||||
ROCE % | 0.35% | 0.44% | -0.32% | 1.18% | 0.38% | 0.89% | 0.13% | 0.13% | 0.25% | 0.38% | 2.51% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Acquisition
6 Jan - Amalgamation of Palco Recycle Industries with Palco Metals.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 06/01/2025 With Respect To Scheme Of Amalgamation
6 Jan - Amalgamation of Palco Recycle Industries with Palco Metals.
- Closure of Trading Window 30 Dec
- Closure of Trading Window 30 Dec
-
Board Meeting Intimation for Notice Of Board Meeting For Approval Of Scheme Of Merger With Subsidiary/Wholly Owned Subsidiary Company_Palco Recycle Industries Limited.
25 Dec - Board meeting to approve merger with subsidiary.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2006
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Financial Year 2005
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Product Profile:[1]
Company is currently not engaged in any manufacturing activity but its subsidiary, Palco Recycle Industries Limited, is in the business of manufacturing and selling of Aluminum Wire rod & other Aluminum Deoxidants like:
a) Aluminum Ingot
b) Aluminum Powder
c) Aluminum Notch Bar
d) Aluminum Ingots
e) Aluminum Cubes
f) Aluminum Shots
g) Aluminum Alloys