Palco Metals Ltd

Palco Metals Ltd

₹ 93.0 -3.10%
06 May 9:53 a.m.
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 37.2 Cr.
  • Current Price 93.0
  • High / Low 115 / 50.5
  • Stock P/E 15.9
  • Book Value 38.0
  • Dividend Yield 0.00 %
  • ROCE 7.84 %
  • ROE 9.26 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 2.53 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.1.58 Cr.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
32.29 27.88 40.71 44.48 42.86 45.82 55.48 35.37 37.80 32.28 38.25 42.28 52.88
31.14 27.10 40.03 43.66 38.61 43.80 54.17 33.25 38.59 30.74 37.56 40.63 51.82
Operating Profit 1.15 0.78 0.68 0.82 4.25 2.02 1.31 2.12 -0.79 1.54 0.69 1.65 1.06
OPM % 3.56% 2.80% 1.67% 1.84% 9.92% 4.41% 2.36% 5.99% -2.09% 4.77% 1.80% 3.90% 2.00%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.86 0.00 3.44
Interest 0.28 0.22 0.21 0.37 0.27 0.45 0.24 0.38 0.41 0.59 0.44 0.08 0.43
Depreciation 0.11 0.11 0.10 0.06 0.09 0.13 0.08 0.08 0.08 0.19 0.11 0.40 0.35
Profit before tax 0.76 0.45 0.37 0.39 3.89 1.44 0.99 1.66 -1.28 0.76 -1.72 1.17 3.72
Tax % 22.37% 17.78% 24.32% 25.64% 25.45% 51.39% 25.25% 32.53% 0.00% 0.00% 0.00% 0.00% 0.00%
0.59 0.37 0.28 0.29 2.90 0.69 0.73 1.11 -1.29 0.75 -1.72 1.17 3.72
EPS in Rs 1.48 0.92 0.70 0.72 7.25 1.72 1.82 2.78 -3.22 1.88 -4.30 2.92 9.30
Raw PDF

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 TTM
0 0 0 96 112 62 95 174 160 166
0 0 0 94 110 60 93 166 156 161
Operating Profit -0 -0 -0 2 1 1 2 7 3 5
OPM % 2% 1% 2% 2% 4% 2% 3%
0 1 0 1 0 1 0 1 1 2
Interest 0 0 0 2 2 1 1 1 2 2
Depreciation 0 0 0 1 0 0 0 0 0 1
Profit before tax 0 1 0 1 -1 0 1 6 2 4
Tax % 20% 22% 650% 37% -6% 10% 24% 26% 36%
0 1 -0 1 -1 0 1 5 1 4
EPS in Rs 0.18 1.48 -0.25 1.65 -1.35 0.88 2.28 11.88 3.50 9.80
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: 37%
TTM: -5%
Compounded Profit Growth
10 Years: %
5 Years: 20%
3 Years: 59%
TTM: 89%
Stock Price CAGR
10 Years: %
5 Years: 28%
3 Years: %
1 Year: 24%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 18%
Last Year: 9%

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 Sep 2023
Equity Capital 4 4 4 4 4 4 4 4 4 4
Reserves 16 7 7 8 7 7 8 11 12 11
Preference Capital 3 3 0 3 3 3 2 2 2
0 0 3 13 19 8 16 18 26 21
3 4 1 17 12 11 11 14 13 29
Total Liabilities 23 15 15 42 41 30 39 47 54 66
10 0 0 9 7 7 7 7 10 16
CWIP 0 0 0 0 0 0 0 0 7 2
Investments 11 11 12 0 0 0 1 0 0 0
2 3 3 33 33 23 31 40 37 48
Total Assets 23 15 15 42 41 30 39 47 54 66

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
-0 -10 -0 0 -2 9 -2 -2 11
0 10 0 0 0 0 -0 0 -11
0 -0 0 0 4 -11 6 -1 7
Net Cash Flow 0 -0 0 0 2 -2 3 -3 6

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
Debtor Days 63 27 36 20 29 27
Inventory Days 31 51 57 42 27 27
Days Payable 29 4 5 5 3 2
Cash Conversion Cycle 65 74 88 58 53 52
Working Capital Days 80 92 115 91 68 58
ROCE % -0% 1% 10% 3% 4% 7% 19% 8%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
68.18% 68.18% 68.18% 68.18% 68.18% 68.18% 68.18% 68.17% 68.17% 68.17% 68.17% 68.17%
31.82% 31.82% 31.82% 31.82% 31.82% 31.83% 31.82% 31.82% 31.83% 31.83% 31.82% 31.83%
No. of Shareholders 1,6361,6441,6491,6991,8081,9772,1452,1012,1402,1792,2412,259

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