Palco Minerals & Estates Private Limited

Palco Minerals & Estates Private Limited - transport and logistics in Jharsuguda, Odisha, India. FY 2026 financials & compliance.
CIN U13100OR2009PTC010599 Incorporated 05 February 2009 ROC Cuttack HQ Jharsuguda, Odisha, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2022
₹60.17 Lakh
▲ 7% YoY
Net profit · FY 2022
₹30,257
Net margin 0.5%
EBITDA · FY 2022
₹3,054
EBITDA margin 0.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹67.3 Lakh
Issued & subscribed
Open charges
₹1.75 Cr
Satisfied ₹1.75 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Palco Minerals & Estates Private Limited

Data last updated:

Palco Minerals & Estates Private Limited is a private limited company based in Jharsuguda, Odisha, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 05 February 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U13100OR2009PTC010599. Its GSTIN is 21AAECP9808N1Z2 (Odisha).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹67.3 Lakh. It is led by directors Pradyumna Kumar Lath (Managing Director) and Lekha Lath.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dalki, Jharsuguda, Odisha, India – 768201.

As per the financials filed for FY 2022, the company reported a revenue of ₹60.17 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹30,257 (net margin 0.5%) and EBITDA of ₹3,054 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 52% over five years.

As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹1.75 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U13100OR2009PTC010599
Registration Number 010599
Incorporation Date 05 February 2009
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Palco Minerals & Estates Private Limited's registered office is in Jharsuguda, Odisha. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Dalki, Jharsuguda, Odisha, India – 768201
  • Industry
    Transport and Logistics, Carriers Services

To see the full contact details of Palco Minerals & Estates Private Limited, buy the company report.

Comprehensive company report
Palco Minerals & Estates Private Limited - one report that includes everything
  • 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
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Financials of Palco Minerals & Estates Private Limited

FY 2025 filings available

Palco Minerals & Estates Private Limited reported revenue of ₹60.17 Lakh (up 7% YoY) for FY 2022.

Revenue · FY 2022
₹60.17 Lakh ▲ 7%
Net profit · FY 2022
₹30,257 margin 0.5%
EBITDA · FY 2022
₹3,054 margin 0.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 76%
5 years · compounded
▲ 52%

Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 7% growth in the latest year. 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹60.17 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3,054
Profit Before Tax
Tax Expense
Net Profit (PAT)₹30,257
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin0.1%
Net Profit Margin0.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Minerals & Estates Private Limited, buy the company report.

Board of directors of Palco Minerals & Estates Private Limited

Palco Minerals & Estates has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Lekha LathDirector05 Feb 200917 Years 9 MonthsCurrent
Pradyumna Kumar LathManaging Director05 Feb 200917 Years 9 MonthsCurrent

Auditor

Palco Minerals & Estates Private Limited is audited by M K SULTANIA & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
M K SULTANIA & COFY 2021323935E

Shareholding

The shareholding of Palco Minerals & Estates Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Palco Minerals & Estates Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.75 Cr
Satisfied charges
₹1.75 Cr
Breakdown by lending institutions
Icici Bank₹1.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Dec 201110322012Icici Bank₹50 LakhSatisfied
28 Jul 201110307440Icici Bank₹1.25 CrSatisfied

To see the full charge records of Palco Minerals & Estates Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Palco Minerals & Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Palco Minerals & Estates has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AAECP9808N1Z2OdishaActive01 Jul 2017

To see the full GST registrations and return filing status of Palco Minerals & Estates Private Limited, buy the company report.

Recent activity

Palco Minerals & Estates Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Lekha Lath was appointed as Director on 05 Feb 2009.

AGM
Palco Minerals & Estates Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 07 Dec 2011 via Charge ID 10322012 with Icici Bank was fully satisfied on 24 Jun 2025.
Charges
A charge registered on 28 Jul 2011 via Charge ID 10307440 with Icici Bank was fully satisfied on 24 Jun 2025.
Filing
Palco Minerals & Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Icici Bank of Rs. 1.25 Cr registered on 28 Jul 2011 with Charge ID 10307440 was modified on 09 Oct 2014.
Charges
A charge with Icici Bank amounted to Rs. 0.50 Cr with Charge ID 10322012 was registered on 07 Dec 2011.
Charges
A charge with Icici Bank amounted to Rs. 1.25 Cr with Charge ID 10307440 was registered on 28 Jul 2011.
Appointed
Lekha Lath was appointed as Director.
Appointed
Pradyumna Kumar Lath was appointed as Managing Director.
Incorporation
05 Feb 2009
Palco Minerals & Estates Private Limited was registered on 05 Feb 2009 with Roc Cuttack & aged 17 years 9 months as per MCA records.

Frequently asked questions

Palco Minerals & Estates is an active private limited company based in Jharsuguda, Odisha, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 05 February 2009 (17+ years old) and is registered under CIN U13100OR2009PTC010599.

Palco Minerals & Estates has 2 current directors:

The latest financial statements of Palco Minerals & Estates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Palco Minerals & Estates is 21AAECP9808N1Z2, registered in Odisha.

The CIN (Corporate Identification Number) of Palco Minerals & Estates is U13100OR2009PTC010599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Palco Minerals & Estates has 1 court case on record: 1 filed by the company.

Palco Minerals & Estates was incorporated on 05 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Cuttack.

Lekha Lath was appointed as Director on 05 Feb 2009. Pradyumna Kumar Lath was appointed as Managing Director on 05 Feb 2009.

The registered office of Palco Minerals & Estates is at Dalki, Jharsuguda, Odisha, India – 768201.

Palco Minerals & Estates operates in the transport and logistics industry, in the carriers services segment.