Palco Metals Ltd
₹ 85.5
-1.59%
27 May
- close price
About
Incorporated in 1962, Palco Metals Ltd is in the business of Aluminum Wire rod & other Aluminum Deoxidants
Key Points
- Market Cap ₹ 34.2 Cr.
- Current Price ₹ 85.5
- High / Low ₹ 115 / 50.5
- Stock P/E
- Book Value ₹ 19.7
- Dividend Yield 0.00 %
- ROCE 0.38 %
- ROE 0.25 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.33 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 0.17% over last 3 years.
- Contingent liabilities of Rs.18.2 Cr.
- Company has high debtors of 438 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
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Upcoming result date: 30 May 2024
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2006 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 38.02 | 0.00 | -0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.05 | 0.07 | |
| 36.15 | 0.16 | 0.10 | 0.10 | 0.17 | 0.12 | 0.13 | 0.20 | 0.14 | 0.11 | 0.08 | 0.08 | 0.17 | |
| Operating Profit | 1.87 | -0.16 | -0.13 | -0.10 | -0.17 | -0.12 | -0.13 | -0.20 | -0.14 | -0.11 | -0.04 | -0.03 | -0.10 |
| OPM % | 4.92% | 18.75% | 6.67% | 8.33% | -100.00% | -60.00% | -142.86% | ||||||
| 0.07 | 0.33 | 0.20 | 0.20 | 0.92 | 0.23 | 0.16 | 0.27 | 0.15 | 0.12 | 0.06 | 0.06 | 0.00 | |
| Interest | 0.78 | 0.00 | 0.00 | 0.00 | 0.01 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.22 | 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 | 0.94 | 0.17 | 0.07 | 0.10 | 0.74 | 0.02 | 0.03 | 0.07 | 0.01 | 0.01 | 0.02 | 0.03 | -0.10 |
| Tax % | 25.53% | 29.41% | 28.57% | 20.00% | 64.86% | 650.00% | 33.33% | 28.57% | 0.00% | 0.00% | 50.00% | 33.33% | |
| 0.70 | 0.13 | 0.05 | 0.07 | 0.26 | -0.10 | 0.02 | 0.05 | 0.00 | 0.01 | 0.01 | 0.02 | -0.11 | |
| EPS in Rs | 7.00 | 0.32 | 0.12 | 0.18 | 0.65 | -0.25 | 0.05 | 0.12 | 0.00 | 0.02 | 0.02 | 0.05 | -0.27 |
| 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: | -84% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -17% |
| 5 Years: | 0% |
| 3 Years: | % |
| TTM: | -131% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 21% |
| 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 2006 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.00 | 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 | 3.51 | 13.21 | 13.26 | 13.34 | 3.91 | 3.81 | 3.83 | 3.92 | 3.92 | 3.93 | 3.94 | 3.96 | 3.89 |
| Preference Capital | 1.00 | 3.00 | 3.00 | 3.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 5.37 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 5.99 | 4.32 | 3.03 | 3.06 | 4.00 | 3.97 | 3.05 | 3.08 | 3.14 | 2.22 | 2.16 | 2.09 | 1.71 | |
| Total Liabilities | 16.87 | 21.53 | 20.29 | 20.40 | 11.91 | 11.78 | 10.88 | 11.00 | 11.06 | 10.15 | 10.10 | 10.05 | 9.60 |
| 6.75 | 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 | 0.00 |
| Investments | 0.00 | 3.87 | 8.87 | 8.80 | 8.80 | 8.80 | 8.80 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 |
| 10.12 | 7.95 | 1.71 | 1.89 | 3.11 | 2.98 | 2.08 | 1.85 | 1.91 | 1.00 | 0.95 | 0.90 | 0.45 | |
| Total Assets | 16.87 | 21.53 | 20.29 | 20.40 | 11.91 | 11.78 | 10.88 | 11.00 | 11.06 | 10.15 | 10.10 | 10.05 | 9.60 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2006 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.33 | 4.86 | -0.14 | -10.06 | -0.26 | -0.22 | -0.06 | -0.10 | 0.00 | -0.61 | 0.26 | ||
| 0.00 | -4.86 | 0.17 | 9.83 | 0.23 | 0.16 | -0.17 | 0.15 | 0.12 | 0.06 | 0.06 | ||
| 0.00 | 0.00 | 0.00 | -0.01 | 0.09 | 0.00 | 0.24 | 0.04 | -0.20 | 0.55 | -0.30 | ||
| 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 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2006 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 36.58 | 0.00 | 730.00 | 438.00 | ||||||||
| Inventory Days | 54.07 | 0.00 | ||||||||||
| Days Payable | 25.96 | |||||||||||
| Cash Conversion Cycle | 64.70 | 0.00 | 730.00 | 438.00 | ||||||||
| Working Capital Days | 46.85 | 6,326.67 | 3,558.75 | 1,095.00 | ||||||||
| ROCE % | 0.35% | 0.44% | -0.32% | 1.18% | 0.38% | 0.89% | 0.13% | 0.13% | 0.25% | 0.38% |
Documents
Announcements
- Closure of Trading Window 23 May
- Board Meeting Intimation for To Consider And Approve Annual Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended On 31St March, 2024 And Statement Of Assets & Liabilities As On 31St March, 2024. 23 May
- Compliance Certificate In Relation To Physical And Electronic Share Transfer Facility As Required Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015. 26 Apr
- Submission Of Certificate Under Regulation 40(9) Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015. 18 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Apr - Submission of compliance certificate under Reg 74(5) of SEBI (DP) Regulations, 2018.
Annual reports
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Financial Year 2023
from bse
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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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Financial Year 2004
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