---
title: "PALCO Ltd (PENNARALUM) — Share Price, Financials & Analysis"
symbol: "PENNARALUM"
company: "PALCO Ltd"
canonical: "https://tapetide.com/stocks/PENNARALUM"
sector: "Commodities"
industry: "Non - Ferrous Metals"
generated_at: "2026-09-13T20:00:00.515Z"
---

# PALCO Ltd (PENNARALUM)

Canonical page: https://tapetide.com/stocks/PENNARALUM

## Company

- **Sector:** Commodities
- **Industry:** Non - Ferrous Metals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** pennaraluminium.com; www.palcolimited.com

## About

PALCO is not carrying any activities/operations as the company sold all its fixed assets to ARCIL at the time of takeover by the ARCIL.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -350% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.1 | 0.01 | 0.04 | 0 | 0.1 | 0.01 | 0.01 | 0 | 0.36 | 0.03 | 0.05 | 0.02 |
| Operating Profit | -0.1 | -0.01 | -0.04 | 0 | -0.1 | -0.01 | -0.01 | 0 | -0.36 | -0.03 | -0.05 | -0.02 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 0.02 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.1 | -0.01 | -0.04 | 0 | -0.1 | -0.01 | -0.01 | 0 | -0.36 | -0.03 | -0.11 | -0.04 |
| Tax % | 0 | 0 | 0 | — | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 |
| Net Profit | -0.1 | -0.01 | -0.04 | 0 | -0.1 | -0.01 | -0.01 | 0 | -0.36 | -0.03 | -0.11 | -0.04 |
| EPS in Rs | -0.02 | 0 | -0.01 | 0 | -0.02 | 0 | 0 | 0 | -0.06 | -0.01 | -0.02 | -0.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.04 | 0.06 | 0.08 | 0.14 | 0.23 | 0.15 | 0.16 | 0.12 | 0.37 | 0.46 |
| Operating Profit | -0.04 | -0.06 | -0.08 | -0.14 | -0.23 | -0.15 | -0.16 | -0.12 | -0.37 | -0.46 |
| Other Income | 0 | 0 | 0 | 0 | 0 | -0.3 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 0.08 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.04 | -0.06 | -0.08 | -0.14 | -0.23 | -0.45 | -0.16 | -0.12 | -0.43 | -0.54 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -0.04 | -0.06 | -0.08 | -0.14 | -0.23 | -0.45 | -0.16 | -0.12 | -0.43 | -0.54 |
| EPS in Rs | -0.01 | -0.01 | -0.01 | -0.02 | -0.04 | -0.08 | -0.03 | -0.02 | -0.07 | -0.1 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 58.72 | 58.72 | 58.72 | 58.72 | 58.72 | 58.72 | 58.72 | 58.72 | 58.72 | 58.72 |
| Reserves | -92.79 | -92.83 | -92.89 | -92.98 | -93.11 | -93.34 | -59.4 | -59.56 | -59.68 | -60.11 |
| Borrowings | 0 | 2.24 | 2.18 | 0 | 0.36 | 0.44 | 0.57 | 0.69 | 0.81 | 1.32 |
| Other Liabilities | 36.77 | 34.56 | 34.61 | 34.71 | 34.44 | 34.55 | 0.11 | 0.15 | 0.15 | 0.08 |
| Total Liabilities | 2.7 | 2.69 | 2.62 | 0.45 | 0.41 | 0.37 | 0 | 0 | 0 | 0.01 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.7 | 2.69 | 2.62 | 0.45 | 0.41 | 0.37 | 0 | 0 | 0 | 0.01 |
| Total Assets | 2.7 | 2.69 | 2.62 | 0.45 | 0.41 | 0.37 | 0 | 0 | 0 | 0.01 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 0 | 0 | -0.05 | -0.08 | -0.13 | -0.13 | -0.12 | -0.51 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0.05 | 0.08 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0.13 | 0.13 | 0.12 | 0.51 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | -0.05 | -0.08 | -0.13 | -0.13 | -0.12 | -0.51 |
| CFO/OP | 0 | 0 | 0 | 0 | 36 | 35 | 87 | 81 | 100 | 138 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% |
| FIIs | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% |
| DIIs | 0.26% | 0.26% | 0.26% | 0.26% | 0.24% |
| Public | 97.43% | 97.43% | 97.43% | 97.43% | 97.45% |
| No. of Shareholders | 40588 | 39996 | 39985 | 40011 | 40021 |

### Quarterly

| Category | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% |
| FIIs | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% |
| DIIs | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.24% |
| Public | 97.43% | 97.43% | 97.43% | 97.43% | 97.43% | 97.43% | 97.43% | 97.43% | 97.43% | 97.43% | 97.43% | 97.45% |
| No. of Shareholders | 39997 | 39996 | 40004 | 40003 | 39991 | 39985 | 39979 | 40015 | 40004 | 40011 | 40017 | 40021 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 6 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 558.2 | Buy |
| EMA (10) | 573.96 | Buy |
| SMA (20) | 574.46 | Buy |
| EMA (20) | 564.63 | Buy |
| SMA (50) | 508.78 | Buy |
| EMA (50) | 531.24 | Buy |
| SMA (100) | 491.13 | Buy |
| EMA (100) | 519.19 | Buy |
| SMA (200) | 545.91 | Buy |
| EMA (200) | 555.38 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 53.32 | Neutral |
| MACD (12,26,9) | 15.14 | Sell |
| Stochastic (14,3,3) | 68.93 | Neutral |
| ADX (14) | 27.99 | Buy |
| Williams %R (14) | -49.58 | Neutral |
| ATR (14) | 43.37 | High Volatility |
| ROC (12) | -5.6 | Sell |
| Stoch RSI (14) | 48.19 | Neutral |
| UO (7,14,28) | 48.55 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/67094513405.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/5134050319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/5134050318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/5134050317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/5134050316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/5134050315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/5134050314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/5134050313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/5134050312.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/513405/5134050310.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:00:00.515Z.