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 17.5
- Book Value ₹ 55.0
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 21.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 54.8% CAGR over last 5 years
Cons
- Stock is trading at 4.46 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.3.43 Cr.
- Company's cost of borrowing seems high
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 96 | 112 | 62 | 95 | 174 | 160 | 194 | 227 | |
0 | 0 | 0 | 94 | 110 | 60 | 93 | 166 | 156 | 187 | 214 | |
Operating Profit | -0 | -0 | -0 | 2 | 1 | 1 | 2 | 7 | 3 | 7 | 13 |
OPM % | 2% | 1% | 2% | 2% | 4% | 2% | 4% | 6% | |||
0 | 1 | 0 | 1 | 0 | 1 | 0 | 1 | 1 | 2 | 3 | |
Interest | 0 | 0 | 0 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 3 |
Depreciation | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
Profit before tax | 0 | 1 | 0 | 1 | -1 | 0 | 1 | 6 | 2 | 6 | 11 |
Tax % | 20% | 22% | 650% | 37% | 6% | 10% | 24% | 26% | 36% | 13% | |
0 | 1 | -0 | 1 | -1 | 0 | 1 | 5 | 1 | 5 | 9 | |
EPS in Rs | 0.18 | 1.48 | -0.25 | 1.65 | -1.35 | 0.88 | 2.28 | 11.88 | 3.50 | 12.58 | 22.61 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 27% |
TTM: | 51% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 55% |
3 Years: | 60% |
TTM: | 619% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 64% |
3 Years: | 113% |
1 Year: | 253% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 22% |
Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 16 | 7 | 7 | 8 | 7 | 7 | 8 | 11 | 12 | 15 | 18 |
3 | 3 | 3 | 16 | 22 | 11 | 18 | 20 | 28 | 36 | 10 | |
0 | 1 | 1 | 14 | 9 | 8 | 9 | 12 | 11 | 13 | 39 | |
Total Liabilities | 23 | 15 | 15 | 42 | 41 | 30 | 39 | 47 | 54 | 68 | 70 |
10 | 0 | 0 | 9 | 7 | 7 | 7 | 7 | 10 | 17 | 16 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | 1 |
Investments | 11 | 11 | 12 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
2 | 3 | 3 | 33 | 33 | 23 | 31 | 40 | 37 | 50 | 53 | |
Total Assets | 23 | 15 | 15 | 42 | 41 | 30 | 39 | 47 | 54 | 68 | 70 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
-0 | -10 | -0 | 0 | -2 | 9 | -2 | -2 | 5 | 3 | |
0 | 10 | 0 | 0 | 0 | 0 | -0 | 0 | -5 | -10 | |
0 | -0 | 0 | 0 | 4 | -11 | 6 | -1 | 7 | 6 | |
Net Cash Flow | 0 | -0 | 0 | 0 | 2 | -2 | 3 | -3 | 6 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 63 | 27 | 36 | 20 | 29 | 27 | 14 | |||
Inventory Days | 31 | 51 | 57 | 42 | 27 | 29 | 37 | |||
Days Payable | 29 | 4 | 5 | 5 | 3 | 3 | 3 | |||
Cash Conversion Cycle | 65 | 74 | 88 | 58 | 53 | 54 | 47 | |||
Working Capital Days | 80 | 92 | 115 | 91 | 68 | 58 | 73 | |||
ROCE % | -0% | 1% | 10% | 3% | 4% | 7% | 19% | 8% | 11% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Acquisition
6 Jan - Amalgamation of Palco Recycle Industries with Palco Metals.
-
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
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2006
from bse
-
Financial Year 2005
from bse
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