Palco International Private Limited
About Palco International Private Limited
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Palco International Private Limited is a private limited company based in Chandigarh, India. It operates in the household appliance retail segment of the home appliances and consumer durables sector. It was incorporated on 20 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52334CH2006PTC030083. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33.6 Lakh. It is led by directors Vivek Gupta and Ritu Gupta.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Gate No. 1 Palco House Opp. Railway Station Dariya, Chandigarh, India – 160101.
As per the financials filed for FY 2022, the company reported a revenue of ₹31,841, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21,286 (net margin 66.9%) and EBITDA of -₹7,056 (EBITDA margin -22.2%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 22% over five years.
As per MCA filings, the company has satisfied charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Palco International has one previous CIN (Corporate Identification Number): U45202CH2006PTC030083. The current CIN is U52334CH2006PTC030083, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52334CH2006PTC030083 | Current |
| U45202CH2006PTC030083 | Previous |
Contact details
Palco International Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGate No. 1 Palco House Opp. Railway Station Dariya, Chandigarh, India – 160101
- IndustryHome Appliances, Household Appliance Retail, Specialized Stores, Retailers
To see the full contact details of Palco International Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Palco International Private Limited
FY 2023 filings availablePalco International Private Limited reported revenue of ₹31,841 (up 184% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 184% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31,841 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7,056 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21,286 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.2% | ||||
| Net Profit Margin | 66.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Palco International Private Limited, buy the company report.
Board of directors of Palco International Private Limited
Palco International has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Gupta | Director | 20 Apr 2006 | 20 Years 6 Months | Current |
| Ritu Gupta | Director | 20 Apr 2006 | 20 Years 6 Months | Current |
Auditor
Palco International Private Limited is audited by BECTOR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BECTOR & ASSOCIATES | FY 2018 | 019947N |
Shareholding
The shareholding of Palco International Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Palco International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Dec 2009 | 10199268 | Hdfc Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Palco International Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Palco International Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palco International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palco International has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Palco International Private Limited, buy the company report.
Recent activity
Palco International Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Ritu Gupta was appointed as Director on 20 Apr 2006.
Frequently asked questions
Palco International is an active private limited company based in Chandigarh, India. The company works in household appliance retail, within the home appliances industry. It was incorporated on 20 April 2006 (20+ years old) and is registered under CIN U52334CH2006PTC030083.
Palco International has 2 current directors:
- Vivek Gupta - Director
- Ritu Gupta - Director
The latest financial statements of Palco International on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Palco International has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Palco International is U52334CH2006PTC030083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palco International was incorporated on 20 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ritu Gupta was appointed as Director on 20 Apr 2006. Vivek Gupta was appointed as Director on 20 Apr 2006.
The registered office of Palco International is at Gate No. 1 Palco House Opp. Railway Station Dariya, Chandigarh, India – 160101.
Palco International operates in the home appliances industry, in the household appliance retail segment.
Palco International has no open charges and satisfied charges of ₹40 Lakh as per latest MCA filings.
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