Palco Metals Limited

Operates in the non-ferrous metals and aluminium industry and earns revenue primarily through its wholly-owned subsidiary Palco Recycle Industries Limited, which contributes nearly all consolidated revenue and profits. Consolidated FY26 revenue was Rs 293.18 crore, up 19% from Rs 245.96 crore in FY25, with consolidated PAT of Rs 6.38 crore. On a standalone basis the parent is loss-making — FY26 net loss of Rs 39.31 lakh — and reports its operations under a single segment described in its Q3 FY26 filing as 'Spinning of Cotton Yarn'; it also recorded zero revenue from operations in Q4 FY26. The subsidiary contributed Rs 677.73 lakh to consolidated net profit and held total assets of Rs 9,984.02 lakh. A Scheme of Amalgamation to merge the subsidiary into the parent was approved by equity shareholders and unsecured creditors at NCLT-convened meetings on July 27, 2026, with the appointed date set at April 1, 2025 and no shares or cash being issued because the subsidiary is fully owned. Materials account for 94.1% of revenue, pointing to a raw-material-heavy cost structure, and the company is classified as a non-Large Corporate under SEBI norms with NIL outstanding borrowings as of March 31, 2025.