As of 6 Nov 2026, Palco Metals trades at 11.0× trailing earnings, below the industry P/E of 17.0×, and the shares are 21% below their 52-week high. Sales and net profit grew 22% and 66% a year over 3 years, with ROCE of 36% and ROE of 57%. Debt is 1.94× equity. It is a small-cap company with a market cap of ₹84 Cr, ranked 14th of 22 Aluminum companies by market cap; the shares rose 52% over the past year.
- ₹220.70
- ₹220.80
- ₹209.95
- ₹220.95
- 4.1K
Health check
- ReturnsAhead
+51.5% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 11.0 vs industry 17.0.
- GrowthStrong
Sales +22.4%, profit +65.9% a year over 3 years.
- ProfitabilityStrong
ROCE 36.0% vs peer median 16.4%.
- Balance sheetStretched
Debt 1.94× equity, interest covered 3.8×, Piotroski 5 of 9.
- Red flags1 to check
Debt is 1.94× equity.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹84 Cr
- Small cap
- P/E
- 11.0
- Industry 17.0
- Price to book
- 4.17
- Peers 2.90
- Dividend yield
- 0.00%
- ROE
- 57.5%
- Peers 10.3%
- ROCE
- 36.0%
- Peers 16.4%
- Debt to equity
- 1.94
- Debt ₹39 Cr
- EPS (TTM)
- ₹19.13
- OPM (TTM)
- 4.7%
- Net margin 2.7%
- Sales growth
- +23.3%
- Latest quarter vs a year ago
- Profit growth
- +478.0%
- Latest quarter vs a year ago
- Price to sales
- 0.29
- EV/EBITDA 8.8
Strengths and risks
Strengths
- Return on equity of 57.5%.
- Return on capital employed of 36.0%.
- Quarterly profit up 478.0% on a year ago.
- Quarterly sales up 23.3% on a year ago.
- P/E of 11.0 against an industry P/E of 17.0.
Risks to check
- Debt is 1.94× equity.
About Palco Metals
Palco Metals Limited, through its subsidiary, Palco Recycle Industries Limited, engages in the manufacture and sale of aluminum wire and deoxident in India. It offers aluminum ingots, notch bars, shots, and alloys, as well as wire rods and cables. The company was formerly known as Premier die casting & Eng. Co. Ltd. and changed its name to Palco Metals Limited in July 2001. Palco Metals Limited was incorporated in 1960 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Sector
- Basic Materials
- ISIN
- INE239L01013
- Website
- palcometals.com
Price range
- Avg volume (3M)
- 4.2K
- 1-year return
- plus 51.5%
- From 52-week high
- minus 20.7%
Peers · Aluminum
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HINDALCOHindalco Industries | 958.40 | plus 2.19% | 2,12,749 | 11.1 | 9.4 | 9.4% | 9.0% | 0.73 | 7.1% | plus 12.8% |
| VAMLVedanta Aluminium Metal | 376.05 | minus 0.80% | 1,46,816 | 22.2 | – | – | 41.3% | 1.05 | – | minus 24.2% |
| NATIONALUMNational Aluminium Co. | 325.75 | minus 1.59% | 59,828 | 8.4 | 6.5 | 33.3% | 43.8% | 0.00 | 7.8% | plus 41.9% |
| CMRGREENCMR Green Technologies | 218.29 | plus 2.16% | 4,782 | 17.8 | 13.0 | 19.8% | 4.5% | 0.83 | 17.4% | minus 9.5% |
| ARFINArfin India | 94.15 | minus 1.23% | 1,589 | 86.4 | 33.6 | 20.8% | 6.9% | 0.76 | 4.3% | plus 74.7% |
| BELDINGBelding India | 820.05 | minus 2.76% | 1,187 | – | – | 0.3% | −1377.7% | 0.04 | −89.7% | minus 10.8% |
| MMPMMP Industries | 427.35 | plus 0.66% | 1,086 | 21.7 | 19.4 | 12.9% | 8.4% | 0.53 | 15.2% | plus 50.9% |
| PALCOPalco Metals | 209.95 | minus 4.98% | 84 | 11.0 | 9.4 | 36.0% | 4.7% | 1.52 | 22.4% | plus 51.5% |
| Median of 7 peers | – | −0.80% | 4,782 | 19.7 | 13.0 | 16.4% | 8.4% | 0.73 | 7.4% | 12.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 55.1 | 75.1 | 82.2 | 80.7 | 68 | |
| 54.2 | 73.5 | 77.4 | 75.2 | 65.4 | |
| 1 | 1.7 | 4.7 | 5.5 | 2.6 | |
| 1.7% | 2.2% | 5.8% | 6.8% | 3.8% | |
| 0.4 | 0 | 0.4 | 0 | 0.4 | |
| 0.7 | 0.9 | 1 | 0.7 | 0.6 | |
| 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | |
| 0.3 | 0.3 | 3.7 | 4.4 | 2.1 | |
| – | – | 26.0% | 30.9% | 26.0% | |
| 0.3 | 0.3 | 2.7 | 3 | 1.5 | |
| 0.66 | 0.84 | 6.87 | 7.62 | 3.80 |
Profit & loss
- Sales CAGR 3Y
- +22.4%
- Profit CAGR 3Y
- +65.9%
- EPS CAGR 3Y
- +65.9%
- ROE
- 57.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 160 | 194 | 246 | 293 | |
| – | +21.5% | +26.7% | +19.2% | |
| 156 | 187 | 234 | 281 | |
| 3.4 | 7.2 | 11.8 | 12 | |
| 2.1% | 3.7% | 4.8% | 4.1% | |
| 0.6 | 0.3 | 1.2 | 1.4 | |
| 1.4 | 2.2 | 2.8 | 3.1 | |
| 0.4 | 1.1 | 1.6 | 1.6 | |
| −0 | 1.6 | 0 | 0.1 | |
| 2.2 | 5.8 | 8.6 | 8.7 | |
| 35.3% | 12.5% | 26.6% | 26.7% | |
| 1.4 | 5 | 6.3 | 6.4 | |
| – | +260.1% | +25.4% | +1.2% | |
| 3.49 | 6.24 | 15.78 | 15.96 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4 | 4 | 4 | 4 | |
| 11.6 | 14.8 | 7.6 | 14 | |
| 25.7 | 35.9 | 37.4 | 29.1 | |
| 12.9 | 13 | 28.5 | 51 | |
| 54.2 | 67.8 | 77.5 | 98.1 | |
| 17.1 | 16.9 | 17.2 | 16.7 | |
| 6.8 | 0.1 | – | – | |
| 0.4 | 0.4 | 0.4 | 0.4 | |
| 0.2 | 0.4 | 0.7 | 0.7 | |
| 29.6 | 49.9 | 59.2 | 80.3 | |
| 54.2 | 67.8 | 77.5 | 98.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.8 | 9.8 | 30.2 | 7.9 | |
| −5.2 | −5.2 | −31.8 | 3.8 | |
| 6.7 | 5.9 | −3.3 | −11.8 | |
| 6.3 | 10.5 | −4.9 | −0 | |
| −10.9 | −10.9 | −1.8 | −1.1 | |
| −6.2 | −1.1 | 28.4 | 6.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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