Palco Metals Ltd

Palco Metals Ltd

₹ 171 4.99%
22 Nov - close price
About

Incorporated in 1962, Palco Metals Ltd is in the business of Aluminum Wire rod & other Aluminum Deoxidants

Key Points

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

  • Market Cap 68.2 Cr.
  • Current Price 171
  • High / Low 180 / 59.5
  • 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 8.54 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.02 0.01 0.39 0.02 0.02 0.01 0.07 0.00 0.00 0.00 0.30 0.01 0.00
0.39 0.00 0.00 0.05 0.02 0.01 0.02 0.05 0.02 0.08 0.01 0.05 0.01
Operating Profit -0.37 0.01 0.39 -0.03 0.00 0.00 0.05 -0.05 -0.02 -0.08 0.29 -0.04 -0.01
OPM % -1,850.00% 100.00% 100.00% -150.00% 0.00% 0.00% 71.43% 96.67% -400.00%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.05 0.05
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 -0.38 0.01 0.39 -0.03 0.00 0.00 0.05 -0.05 -0.02 -0.08 0.19 -0.09 -0.06
Tax % 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 0.00% 0.00% 5.26% 0.00% 0.00%
-0.38 0.01 0.38 -0.03 0.00 0.00 0.04 -0.05 -0.02 -0.08 0.18 -0.09 -0.06
EPS in Rs -0.95 0.02 0.95 -0.08 0.00 0.00 0.10 -0.12 -0.05 -0.20 0.45 -0.22 -0.15
Raw PDF

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: 52%
3 Years: 93%
1 Year: 180%
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%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
68.18% 68.18% 68.18% 68.18% 68.18% 68.17% 68.17% 68.17% 68.17% 68.17% 68.18% 68.18%
31.82% 31.82% 31.82% 31.83% 31.82% 31.82% 31.83% 31.83% 31.82% 31.83% 31.82% 31.83%
No. of Shareholders 1,6491,6991,8081,9772,1452,1012,1402,1792,2412,2592,3642,774

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