Palco Metals Ltd
₹ 208
0.97%
23 May
- close price
About
Incorporated in 1965, Palco Metals Ltd
does production of various Aluminum
products[1]
Key Points
- Market Cap ₹ 83.2 Cr.
- Current Price ₹ 208
- High / Low ₹ 282 / 74.0
- Stock P/E 2,773
- 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 10.4 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
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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 | 0.35 | |
| 0.16 | 0.10 | 0.10 | 0.17 | 0.12 | 0.13 | 0.20 | 0.14 | 0.11 | 0.08 | 0.08 | 0.10 | 0.09 | |
| 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 | 0.26 |
| OPM % | 18.75% | 6.67% | 8.33% | -100.00% | -60.00% | 64.29% | 74.29% | ||||||
| 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 | 0.06 |
| 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 | 0.03 | |
| 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 | 0.08 |
| 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: | 400% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -10% |
| 3 Years: | 44% |
| TTM: | 127% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 62% |
| 3 Years: | 73% |
| 1 Year: | 129% |
| 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
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
1 May - Unanimous approval of Palco Metals' amalgamation with Palco Recycle Industries on April 30, 2025.
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
30 Apr - Unanimous approval of Palco Metals' amalgamation with Palco Recycle Industries at EGM on 30-Apr-2025.
-
Shareholder Meeting / Postal Ballot-Outcome of EGM
30 Apr - EGM held to approve Palco Metals' amalgamation scheme with Palco Recycle Industries.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
28 Apr - Submission of Certificate under Regulation 74(5) of DP Reg 2018 for the Quarter ended on 31st March 2025.
-
Extraordinary General Meeting To Be Held On 30Th April 2025
5 Apr - Meeting to approve amalgamation of Palco Metals and Palco Recycle.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2006
from bse
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Financial Year 2005
from bse
Concalls
-
Jan 2025TranscriptNotesPPT
Business Overview:[1][2]
PML was into manufacturing of auto components, and engineering die-cast components. It expanded through backward integration into producing products for steel plants and electrical transmission and distribution companies. Currently, the company is not engaged in any manufacturing activity but is in the business of Aluminium Wire and Aluminum Deoxident manufacturing through its subsidiary