With reference to captioned subject, it is informed you that pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the meeting of Board ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.8 pts less than Nifty Microcap 250 and 7.1 pts less than its Aluminium peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board approved audited financial results for the quarter and full year ended March 31, 2025, with an unmodified audit opinion from KPSJ & Associates LLP. On a standalone basis, Palco Metals itself showed almost no operating activity (revenue of just ₹30.43 lakhs, same as last year) and slipped into a loss of ₹32.66 lakhs versus a profit of ₹2.80 lakhs in FY24. However, on a consolidated basis (which includes subsidiary Palco Recycle Industries Limited), revenue jumped to ₹24,733.37 lakhs from ₹19,445.18 lakhs, a growth of about 27%, while profit after tax rose to ₹629.53 lakhs from ₹503.35 lakhs, roughly 25% higher. Consolidated EPS improved to ₹15.76 from ₹12.57. The subsidiary contributed virtually all of the group's revenue (₹24,595.79 lakhs) and net profit (₹662.12 lakhs).
Shareholders should note that the listed entity (Palco Metals standalone) is now loss-making, while all meaningful business activity sits in the subsidiary. The consolidated picture is healthy — strong double-digit revenue and profit growth — which is what will drive the stock's valuation. The standalone weakness and a sharp jump in standalone current liabilities (from ₹9.15 lakhs to ₹2,287.61 lakhs) are worth monitoring.