Banco Products

Why is Banco Products (India) Ltd falling/rising?

As of 14-Aug, Banco Products (India) Ltd's stock price is Rs 618.65, down 1.32%, with significant declines over the past week and month, underperforming the Sensex. Despite a strong ability to service debt, the stock shows a bearish trend and reduced investor interest.

As of 14-Aug, Banco Products (India) Ltd is experiencing a decline in its stock price, currently at Rs 618.65, which reflects a change of -8.25 (-1.32%). The stock has been underperforming significantly, with a 1-week decline of -9.81%, compared to a minor decrease of -0.62% in the Sensex. Over the past month, the stock has dropped by -5.90%, while the benchmark has gained +1.24%. Year-to-date, the stock is down -10.06%, although it has shown a positive return of +15.16% over the past year.<BR><BR>Today's performance indicates that the stock has underperformed its sector by -1.81% and has been on a consecutive decline for the last three days, accumulating a total drop of -2.78%. The stock reached an intraday low of Rs 613.25, marking a decrease of -2.18%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume falling by -53.89% compared to the 5-day average, suggesting reduced interest from investors. Despite these negative indicators, the company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.90 times, and it has reported positive financial results in its latest quarter. However, the current market sentiment and performance metrics indicate a downward trend in the stock price.

Which are the latest news on Banco Products?

Who are in the management team of Banco Products?

The management team of Banco Products includes Mehul K Patel (Chairman), Himali Patel (Whole Time Director & CFO), Sharan M. Patel (Whole-time Director), and several independent directors, overseeing the company's operations and strategic direction.

The management team of Banco Products includes the following members:<BR><BR>1. **Mehul K Patel** - Chairman (Non-Executive)<BR>2. **Ramkisan Devidayal** - Independent Director<BR>3. **Mukesh D Patel** - Independent Director<BR>4. **Devesh A Pathak** - Independent Director<BR>5. **Udayan P Patel** - Independent Director<BR>6. **Himali Patel** - Whole Time Director & CFO<BR>7. **Ameeta V Manohar** - Independent Director<BR>8. **Sharan M. Patel** - Whole-time Director<BR>9. **Pooja Gurnani** - Company Secretary & Compliance Officer<BR>10. **Shivam M. Patel** - Non-Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Banco Products do?

Banco Products (India) Ltd is a small-cap company specializing in the design and manufacture of gaskets and radiators for the auto components industry. As of June 2026, it reported net sales of ₹1,184 Cr and a net profit of ₹122 Cr, with a market cap of ₹9,032 Cr.

Overview:<BR>Banco Products (India) Ltd is a leading designer and manufacturer of gaskets and radiators for the auto components and equipment industry, operating within the small-cap market.<BR><BR>History:<BR>Banco Products was incorporated on March 16, 1961. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,184 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 122 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 9,032 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 19.00<BR>- Industry P/E: 40<BR>- Dividend Yield: 2.38%<BR>- Debt Equity: 0.27<BR>- Return on Equity: 27.66%<BR>- Price to Book: 5.35<BR><BR>Contact Details:<BR>Address: Bil Near Bhaili Railway Station, Padra Road Vadodara Gujarat : 391410<BR>Tel: 91-265-2680220/21/22/23<BR>Email: investor@bancoindia.com<BR>Website: http://www.bancoindia.com

Who are the peers of the Banco Products?

Banco Products' peers include Ramkrishna Forg., Varroc Engineer, ASK Automotive, Pricol Ltd, SJS Enterprises, Suprajit Engg., Fiem Industries, Lumax Industries, and L G Balakrishnan. In terms of performance, Banco Products shows average growth and management risk, with a 1-year return of 16.08%.

Peers: The peers of Banco Products are Ramkrishna Forg., Varroc Engineer, ASK Automotive, Pricol Ltd, SJS Enterprises, Suprajit Engg., Fiem Industries, Lumax Industries, and L G Balakrishnan.<BR><BR>Quality Snapshot: Excellent management risk is observed at ASK Automotive, SJS Enterprises, Ramkrishna Forg., Varroc Engineer, Suprajit Engg., Fiem Industries, and L G Balakrishnan, while Average management risk is found at Banco Products and Lumax Industries. Growth is Excellent for ASK Automotive and SJS Enterprises, Good for Varroc Engineer, Pricol Ltd, and the rest, while Average growth is noted for Banco Products, Fiem Industries, and Lumax Industries, and Below Average growth is seen at Ramkrishna Forg. and Suprajit Engg. Capital Structure is Excellent for ASK Automotive, Pricol Ltd, Banco Products, Fiem Industries, and L G Balakrishnan, Good for Suprajit Engg., while Below Average is noted for Ramkrishna Forg. and Varroc Engineer.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SJS Enterprises at 100.46%, while the lowest is Fiem Industries at 30.28%. Banco Products has a 1-year return of 16.08%, which is lower than both extremes. Additionally, Lumax Industries and L G Balakrishnan have negative six-month returns.

How big is Banco Products?

As of 14th August, Banco Products (India) Ltd has a market capitalization of 8,890.48 Cr, with recent net sales of 4,110.19 Cr and a net profit of 494.54 Cr.

As of 14th August, Banco Products (India) Ltd has a market capitalization of 8,890.48 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Banco Products reported Net Sales of 4,110.19 Cr and a Net Profit of 494.54 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 1,302.83 Cr and Total Assets of 2,743.72 Cr.

Should I buy, sell or hold Banco Products (India) Ltd?

Are Banco Products (India) Ltd latest results good or bad?

Banco Products (India) Ltd's latest Q4 FY26 results show strong sequential growth with a net profit increase of 71.77% and record net sales, but year-on-year challenges persist with declining operating margins, indicating mixed performance overall. Investors should weigh these factors when assessing the company's profitability sustainability.

Banco Products (India) Ltd's latest results for Q4 FY26 show a mixed performance, characterized by significant sequential improvements but some year-on-year challenges.<BR><BR>On the positive side, the company reported a net profit of ₹147.43 crores, which is a substantial increase of 71.77% compared to the previous quarter. Additionally, net sales reached an all-time quarterly high of ₹1,098.74 crores, reflecting a robust 39.19% growth quarter-on-quarter and a 25.62% increase year-on-year. This strong revenue growth indicates a recovery in demand, particularly in the automotive sector.<BR><BR>However, there are concerns regarding the operating margin, which stood at 20.63%. While this represents a significant improvement of 463 basis points from the previous quarter, it has decreased by 405 basis points compared to the same quarter last year. This volatility in margins raises questions about the sustainability of profitability, especially in light of rising raw material costs and competitive pressures.<BR><BR>Overall, while the quarterly results demonstrate strong sequential growth, the year-on-year decline in net profit and margin fluctuations suggest that Banco Products is navigating some challenges in maintaining consistent profitability. Investors may want to consider these factors when evaluating the company's performance.

Is Banco Products overvalued or undervalued?

As of November 21, 2025, Banco Products is fairly valued with a PE ratio of 23.40 and a PEG ratio of 0.90, offering better value compared to peers like Bosch and Endurance Tech, while also achieving a YTD return of 48.95%, significantly outperforming the Sensex's 9.08%.

As of 21 November 2025, Banco Products has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 23.40, a Price to Book Value of 6.20, and an EV to EBITDA of 17.67. Notably, its PEG ratio stands at 0.90, indicating potential for growth relative to its price.<BR><BR>In comparison to its peers, Banco Products is positioned favorably against Bosch, which has a significantly higher PE ratio of 47.37, and Endurance Tech, with a PE of 43.65. This suggests that Banco Products may offer better value in terms of earnings relative to its price. Additionally, while the stock has underperformed the Sensex in the short term, it has shown impressive returns over the longer term, with a YTD return of 48.95% compared to the Sensex's 9.08%.

Is Banco Products technically bullish or bearish?

As of November 21, 2025, Banco Products shows a mildly bullish trend overall, supported by daily moving averages and Bollinger Bands, but faces mixed signals with a mildly bearish weekly MACD and Dow Theory, indicating cautious bullishness amid short-term bearish pressure.

As of 21 November 2025, the technical trend for Banco Products has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating mild bullishness and the Bollinger Bands showing mild bullishness on both weekly and monthly time frames. However, the weekly MACD is mildly bearish, and the Dow Theory indicates a mildly bearish stance on the weekly chart. The KST is bullish weekly but mildly bearish monthly, while the OBV remains bullish in both time frames. Overall, the mixed signals suggest a cautious bullish outlook with some bearish pressure in the short term.

How has been the historical performance of Banco Products?

Banco Products has shown consistent growth, with net sales increasing from 2,331.82 Cr in March 2023 to 3,212.52 Cr in March 2025, alongside significant rises in operating profit, profit before tax, and profit after tax. Total assets also grew to 2,743.72 Cr, reflecting enhanced operational scale despite a decrease in cash flow from operating activities.

Answer:<BR>Banco Products has shown a consistent growth trajectory in its financial performance over the years, particularly in net sales and profit metrics. For the fiscal year ending March 2025, the company reported net sales of 3,212.52 Cr, a significant increase from 2,768.43 Cr in March 2024 and 2,331.82 Cr in March 2023. The total operating income also rose to 3,212.52 Cr in March 2025, reflecting the same growth pattern. The operating profit (PBDIT) increased to 654.18 Cr in March 2025 from 460.05 Cr in the previous year, indicating improved operational efficiency. Profit before tax reached 534.21 Cr, up from 362.70 Cr in March 2024, while profit after tax also saw a rise to 391.80 Cr compared to 271.40 Cr in the prior year. The earnings per share (EPS) for March 2025 stood at 27.39, up from 18.98 in March 2024. On the balance sheet, total assets increased to 2,743.72 Cr in March 2025, up from 1,982.34 Cr in March 2024, driven by growth in current assets, particularly inventories and sundry debtors. Total liabilities also rose to 2,743.72 Cr, with a notable increase in trade payables and short-term borrowings. The cash flow statement indicates a net cash inflow of 2.00 Cr for March 2025, a slight improvement from 5.00 Cr in March 2024, although cash flow from operating activities decreased to 164.00 Cr from 458.00 Cr in the previous year.<BR><BR>Breakdown:<BR>Banco Products has demonstrated robust growth in its financial metrics over the years, with net sales climbing from 2,331.82 Cr in March 2023 to 3,212.52 Cr in March 2025. This growth is mirrored in total operating income, which reached 3,212.52 Cr in March 2025. The operating profit (PBDIT) also increased significantly, from 460.05 Cr in March 2024 to 654.18 Cr in March 2025, showcasing enhanced operational performance. Profit before tax rose to 534.21 Cr, while profit after tax reached 391.80 Cr, both reflecting substantial year-over-year increases. The company's earnings per share improved to 27.39 in March 2025, up from 18.98 in March 2024. On the balance sheet, total assets surged to 2,743.72 Cr, driven by increases in inventories and sundry debtors, while total liabilities also rose, indicating a growing operational scale. The cash flow analysis reveals a net cash inflow of 2.00 Cr for March 2025, despite a decline in cash flow from operating activities, which fell to 164.00 Cr from 458.00 Cr in the previous year.

Who are the top shareholders of the Banco Products?

The top shareholder of Banco Products is Mehul Kanubhai Patel, holding 55.57% of the shares. Other shareholders include 93 Foreign Institutional Investors with 3.88%, individual investors at 18.43%, and mutual funds with 0.1%.

The top shareholders of Banco Products primarily include the promoters, with Mehul Kanubhai Patel holding the largest share at 55.57%. Additionally, the company has 93 Foreign Institutional Investors (FIIs) who collectively hold 3.88% of the shares. Mutual funds have a minor presence with 0.1% held across seven schemes. Individual investors account for 18.43% of the holdings. There are no pledged promoter holdings or significant public shareholders noted.

When is the next results date for Banco Products?

No Upcoming Board Meetings

What is the bonus history of the Banco Products?

Banco Products has a history of issuing bonus shares, with the most recent 1:1 bonus announced on December 30, 2024, and a previous 1:1 bonus issued on August 30, 2007. This demonstrates the company's commitment to rewarding its shareholders.

Banco Products has a history of issuing bonuses to its shareholders. The most recent bonus was a 1:1 bonus issue announced with an ex-date of December 30, 2024. Prior to that, the company also issued a 1:1 bonus on August 30, 2007, with the record date being the same day. This indicates that Banco Products has consistently rewarded its shareholders through bonus shares over the years.

Has Banco Products declared dividend?

Banco Products (India) Ltd has declared a 550% dividend, amounting to ₹11 per share, with an ex-date of February 14, 2025. The company has demonstrated strong financial performance, achieving total returns of up to 1680.69% over the past five years.

Banco Products (India) Ltd has declared a 550% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 550%<BR>- Amount per share: 11<BR>- Ex-date: 14 Feb 25<BR><BR>Dividend Yield: 1.97%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 1.61%, the dividend return was 2.02%, leading to a total return of 3.63%.<BR><BR>Over the past year, the price return reached 85.56%, with a dividend return of 3.52%, resulting in a total return of 89.08%.<BR><BR>In the 2-year period, the price return was 264.62%, the dividend return was 29.27%, culminating in a total return of 293.89%.<BR><BR>For the last 3 years, the price return soared to 560.1%, while the dividend return was 90.23%, achieving a total return of 650.33%.<BR><BR>In the 4-year span, the price return was 579.95%, the dividend return was 91.80%, leading to a total return of 671.75%.<BR><BR>Over the past 5 years, the price return was an impressive 1513.84%, with a dividend return of 166.85%, resulting in a total return of 1680.69%.<BR><BR>Overall, Banco Products has declared a significant dividend and has shown remarkable total returns across all periods, indicating strong financial performance and shareholder value enhancement.