Palco Limited

Manufactures and sells aluminum products, now under new ownership since 2005.

1989 | Hyderabad, Telangana (India) | Active
Last Updated:

Palco Profile

Key Indicators

  • Authorised Capital ₹ 120.00 Cr
  • Paid Up Capital ₹ 58.72 Cr
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 161.32 Cr
  • Revenue Growth %
  • Profit Growth 24.16%
  • Ebitda 24.16%
  • Net Worth -14.17%
  • Total Assets %

About Palco

Palco Limited (PL) is a Public Limited Indian Non-Government Company incorporated in India on 01 September 1989 and has a history of 35 years and six months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 120.00 Cr and a paid-up capital of Rs 58.72 Cr.

The company has closed loans amounting to ₹161.32 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Palco Limited India is Bhuvaneswari Kovvuri as CFO. Bhuvaneswari Kovvuri, Venkata Kovvuri, and Srisaitejareddy Kovvuri serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27203TG1989PLC010409

  • Company No.

    010409

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Sep 1989

  • Date of AGM

    30 Sep 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

Who are the key members and board of directors at Palco?

Executive Team (2)

NameDesignationAppointment DateStatus
Venkata Kovvuri Country flag representing In Managing Director30-Mar-2017Current
Bhuvaneswari Kovvuri Country flag representing In CFO28-Jun-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Bhuvaneswari Kovvuri Country flag representing In Director and Cfo 30-Mar-2017Current
Srisaitejareddy Kovvuri Country flag representing In Director 10-Feb-2018Current

Financial Performance of Palco.

Palco Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 24.16% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.17%.

Palco revenue growth over time
Palco profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
24.16%
Net Worth
-14.17%
EBITDA
24.16%

What is the Ownership and Shareholding Structure of Palco?

In 2019, Palco had a promoter holding of 2.15% and a public holding of 97.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹161.32 Cr

Charges Breakdown by Lending Institutions

  • I.D.B.I. Bank Ltd. : 35.56 Cr
  • Assets Reconstruction Company India Ltd : 28.25 Cr
  • I.F.C.I. Ltd. : 14.31 Cr
  • Indusind Bank Ltd. : 11.75 Cr
  • State Bank Of India : 9.69 Cr
  • Others : 61.77 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 1997Indusind Bank Ltd.₹2.75 CrSatisfied
19 Feb 1996The Industrial Finance Corp. India Ltd.₹3.50 CrSatisfied
21 Dec 1995Indusind Bank Ltd.₹9.00 CrSatisfied
28 Sep 1995I.D.B.I. Bank Ltd.₹8.00 CrSatisfied
16 Jul 1994Canara Bank₹6.44 CrSatisfied

How Many Employees Work at Palco?

Unlock and access historical data on people associated with Palco, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Palco Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palco, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Palco's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Palco

Recent activity within the organization

  • Annual General Meeting

    Palco Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.

  • Balance Sheet

    Palco Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.

  • Director Appointment

    Bhuvaneswari Kovvuri was appointed as a Cfo was appointed as a Cfo on 28 Jun 2019 & has been associated with this company since 5 years 9 months .

  • Director Appointment

    Srisaitejareddy Kovvuri was appointed as a Director was appointed as a Director on 10 Feb 2018 & has been associated with this company since 7 years 1 month .

  • Director Appointment

    Bhuvaneswari Kovvuri was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 7 years 11 months .

  • Director Appointment

    Venkata Reddy Kovvuri was appointed as a Managing Director was appointed as a Managing Director on 30 Mar 2017 & has been associated with this company since 7 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Palco Limited?

    Palco Limited was incorporated on 01 Sep 1989.

  • What is authorized share capital and paid-up capital of Palco Limited?

    The authorized share capital of Palco Limited is ₹ 120.00 Cr and paid-up capital is ₹ 58.72 Cr.

  • Who are the current board members & directors of Palco Limited?

    Currently 4 directors are associated with Palco Limited.

    • Bhuvaneswari Kovvuri
    • Venkata Reddy Kovvuri
    • Srisaitejareddy Kovvuri
    • Bhuvaneswari Kovvuri

  • What is the registered address of Palco Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palco Limited is H.No:6-3-1091/13-15 Flat No:101 1St Floor Amrutha Ville Apartments Raj Bhavan Road, Somaj Iguda India, Hyderabad, Telangana, 500082.

  • What is the corporate identification number (CIN) and company number of Palco Limited?

    The corporate identification number (CIN) of Palco Limited is L27203TG1989PLC010409 and the company number is 010409 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Palco Limited?

    The Official website of Palco Limited is https://www.palcolimited.com

  • What change has been observed in the net worth of Palco Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Palco Limited has experienced an downturn of -14.17%.

  • When was the last Balance Sheet of Palco Limited filed with the ROC?

    The most recent Balance Sheet for Palco Limited was filed with the ROC on 31 Mar 2020.

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