
Palco Minerals & Estates Private Limited
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
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 AddressDalki, Jharsuguda, Odisha, India – 768201
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Palco Minerals & Estates 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 Minerals & Estates Private Limited
FY 2025 filings availablePalco Minerals & Estates Private Limited reported revenue of ₹60.17 Lakh (up 7% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| 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 | ₹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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.5% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lekha Lath | Director | 05 Feb 2009 | 17 Years 9 Months | Current |
| Pradyumna Kumar Lath | Managing Director | 05 Feb 2009 | 17 Years 9 Months | Current |
Auditor
Palco Minerals & Estates Private Limited is audited by M K SULTANIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K SULTANIA & CO | FY 2021 | 323935E |
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 category | FY 2021 | FY 2020 | FY 2017 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2011 | 10322012 | Icici Bank | ₹50 Lakh | Satisfied | |
| 28 Jul 2011 | 10307440 | Icici Bank | ₹1.25 Cr | Satisfied |
To see the full charge records of Palco Minerals & Estates Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Palco Minerals & Estates Private Limited has 1 court case on record: 1 filed by Palco Minerals & Estates. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Orissa | Court case (1C.C. (R)) | Filed by the company against M/S.Concast Steel and Power Ltd,Md,Sanjaya Kumar Surekha | Disposed |
To see the full case history of Palco Minerals & Estates Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECP9808N1Z2 | Odisha | Active | 01 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.
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:
- Pradyumna Kumar Lath - Managing Director
- Lekha Lath - Director
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.

