Palco Metals Ltd (PALCO.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-262.5%

-₹378.29

vs ₹232.80 price

Levered DCF

₹154.36

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	6.29×	14.18×	7.71×	15.9×	3.74×	8.73×	21.08×	-20.51×
P/B	2.23×	7.69×	2.06×	1.43×	1.22×	0.69×	0.68×	1.04×
P/S	0.14×	0.36×	0.2×	0.14×	0.1×	0.08×	0.12×	0.1×
EV / EBITDA	4.94×	9.49×	8.22×	12.39×	5.2×	9.56×	9.77×	24.7×
Gross margin	5.8%	6.7%	6.1%	5.2%	7.9%	6.2%	7.5%	7.3%
Operating margin	4.1%	4.7%	4.9%	1.9%	4.3%	2.1%	1.3%	3.3%
Net margin	2.2%	2.6%	2.6%	0.9%	2.7%	1.0%	0.6%	-0.5%
Current ratio	1.2×	1.16×	2.85×	1.44×	2.13×	2.19×	4.09×	1.84×
Debt / equity	1.52×	3.09×	1.9×	1.78×	1.37×	1.56×	1.03×	2.04×
Interest coverage	3.58×	3.88×	4.3×	2.13×	6.31×	2.21×	0.76×	2.42×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	35.4%	54.3%	26.7%	9.0%	32.5%	7.9%	3.2%	-5.1%
Return on invested capital	19.1%	17.7%	12.7%	3.7%	12.5%	4.2%	2.4%	9.3%
Return on assets	6.5%	8.1%	7.4%	2.6%	10.1%	2.4%	1.2%	-1.3%
Free cash flow yield	17.0%	32.1%	8.3%	-27.8%	-14.3%	-30.0%	123.5%	-18.9%
Earnings yield	15.9%	7.1%	13.0%	6.3%	26.7%	11.4%	4.8%	-4.9%
Enterprise value	₹674.3M	₹1.2B	₹745.2M	₹496.2M	₹378.4M	₹229.4M	₹185.5M	₹308.6M
Net debt / EBITDA	2×	2.71×	3.94×	6.84×	2.76×	6.22×	5.86×	15.77×
Cash conversion cycle (days)	61	75	46	54	57	64	93	75