Banco Products

  • Market Cap: Small Cap
  • Industry: Auto Components & Equipments
  • ISIN: INE213C01025
  • NSEID: BANCOINDIA
  • BSEID: 500039
INR
535.95
-25.6 (-4.56%)
BSENSE

Mar 27

BSE+NSE Vol: 2.54 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.54 lacs (15.60%) Volume

Shareholding (Dec 2025)

FII

4.00%

Held by 92 FIIs

DII

0.11%

Held by 1 DIIs

Promoter

67.88%

When is the next results date for Banco Products?

06-Jun-2025

No Upcoming Board Meetings

What is the bonus history of the Banco Products?

06-Jun-2025

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.

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Has Banco Products declared dividend?

06-Jun-2025

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.

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Who are the peers of the Banco Products?

03-Jun-2025

Banco Products' peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Varroc Engineer, Lumax Auto Tech., Suprajit Engg., Sharda Motor, and Pricol Ltd. The company has a strong return of 87.85%, outperforming most peers, with excellent management and capital structure ratings.

Peers: The peers of Banco Products are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Varroc Engineer, Lumax Auto Tech., Suprajit Engg., Sharda Motor, and Pricol Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bosch, Schaeffler India, Tube Investments, Lumax Auto Tech., Suprajit Engg., and Sharda Motor, while Average management risk is found at Samvardh. Mothe. and Varroc Engineer. Growth is rated as Excellent for Samvardh. Mothe., Schaeffler India, Tube Investments, Lumax Auto Tech., and Sharda Motor, while Good growth is seen at Bharat Forge, Banco Products, and Pricol Ltd. Capital Structure is Excellent for Bosch, Schaeffler India, Tube Investments, Banco Products, and Suprajit Engg., while Average is noted for Bharat Forge, and Below Average for Varroc Engineer.<BR><BR>Return Snapshot: Banco Products has a 1-year return of 87.85%, which is higher than the highest peer return of 94.18% from Lumax Auto Tech. and significantly higher than the lowest peer return of -21.07% from Tube Investments. Additionally, peers with negative six-month returns include Bharat Forge, Tube Investments, and Suprajit Engg.

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Who are in the management team of Banco Products?

16-Jul-2025

As of March 2023, 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. The team consists of a mix of executive and non-executive members.

As of March 2023, the management team of Banco Products includes the following individuals:<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>As of March 2023, the management team comprises a mix of executive and independent directors, with key roles including the Chairman, Whole Time Directors, and the CFO.

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What does Banco Products do?

17-Jul-2025

Banco Products (India) Ltd is a mid-cap company specializing in the design and manufacture of gaskets and radiators for the auto components industry. As of March 2025, it reported net sales of ₹8,746 Cr and a net profit of ₹1,535 Cr, with a market cap of ₹9,560 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 mid-cap market segment.<BR><BR>History: <BR>Banco Products India Limited was incorporated on March 16, 1961. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 8,746 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1,535 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 9,560 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 24.00 <BR>Industry P/E: 39 <BR>Dividend Yield: 1.63% <BR>Debt-Equity: 0.32 <BR>Return on Equity: 30.07% <BR>Price to Book: 7.40 <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

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Who are the top shareholders of the Banco Products?

17-Jul-2025

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.

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How big is Banco Products?

24-Jul-2025

As of 24th July, Banco Products (India) Ltd has a market capitalization of 9,212.00 Cr, with recent Net Sales of 3,212.52 Cr and a Net Profit of 391.80 Cr. Shareholder's Funds are 1,051.51 Cr and Total Assets amount to 1,982.34 Cr as of March 2024.

As of 24th July, Banco Products (India) Ltd has a market capitalization of 9,212.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Banco Products reported Net Sales of 3,212.52 Cr and a Net Profit of 391.80 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 1,051.51 Cr and Total Assets of 1,982.34 Cr.

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How has been the historical performance of Banco Products?

14-Nov-2025

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.

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Is Banco Products overvalued or undervalued?

24-Nov-2025

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%.

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Is Banco Products technically bullish or bearish?

24-Nov-2025

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.

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

13-Feb-2026

Banco Products (India) Ltd's latest results show strong year-on-year revenue growth of 23.52% but a concerning sequential decline of 23.97%. While net profit increased significantly compared to last year, it fell sharply quarter-on-quarter, raising concerns about profitability and cost management.

Banco Products (India) Ltd's latest results present a mixed picture. On one hand, the company achieved a significant year-on-year revenue growth of 23.52%, with revenues reaching ₹789.36 crores. This indicates a strong demand for its products compared to the same quarter last year. However, the sequential performance reveals a concerning decline, with revenues dropping by 23.97% from the previous quarter.<BR><BR>Profitability has also taken a hit, with net profit falling to ₹85.83 crores, marking a sharp 38.21% decrease quarter-on-quarter, although this is a substantial increase of 177.50% compared to the same quarter last year. The operating margin improved slightly to 15.97%, but this is still significantly lower than the margins seen in previous quarters, raising concerns about cost management and operational efficiency.<BR><BR>Overall, while the company shows strong year-on-year growth, the recent quarter's performance has raised red flags regarding its ability to maintain profitability and manage costs effectively. Investors may need to be cautious as the company navigates these challenges.

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

03-Mar-2026

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

17-Mar-2026

As of 17-Mar, Banco Products (India) Ltd's stock price is rising to Rs 578.50, reflecting a 2.81% increase. Despite recent gains and strong annual performance, investor participation has decreased, indicating potential caution among investors.

As of 17-Mar, Banco Products (India) Ltd's stock price is rising, currently at Rs 578.50, which reflects an increase of Rs 15.8 or 2.81%. The stock has outperformed its sector by 1.6% today and has experienced consecutive gains over the last two days, accumulating a total return of 5.07% during this period. Additionally, the stock reached an intraday high of Rs 578.8, marking a rise of 2.86%.<BR><BR>Despite some negative trends in the longer term, such as a decline of 11.95% over the past month and a year-to-date drop of 15.90%, the stock has shown strong performance over the past year with a return of 74.77%. This impressive annual return is supported by a significant increase in profits, which have risen by 54.9% during the same period. The company's ability to service debt is also strong, with a low Debt to EBITDA ratio of 0.56 times, indicating financial stability.<BR><BR>However, it is important to note that there has been a decrease in investor participation, with delivery volume falling by 22.78% against the 5-day average. This could suggest some caution among investors despite the recent price rise. Overall, the combination of recent gains, strong annual performance, and healthy financial metrics contributes to the current upward movement in Banco Products (India) Ltd's stock price.

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

18-Mar-2026

As of 18-Mar, Banco Products (India) Ltd's stock price is declining at Rs 572.50, down -0.62%, due to underperformance against its sector, reduced investor participation, and recent negative financial results. These factors have led to a lack of sustained buying interest and declining confidence among investors.

As of 18-Mar, Banco Products (India) Ltd is experiencing a decline in its stock price, currently at Rs 572.50, reflecting a change of -3.55 (-0.62%). This downward movement can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has underperformed its sector, with a performance today that is -2.88% lower than the sector average. Additionally, the stock has shown a trend reversal, having fallen after two consecutive days of gains. The stock reached an intraday high of Rs 589 earlier in the day but could not maintain that momentum, indicating a lack of sustained buying interest.<BR><BR>Moreover, there has been a notable decrease in investor participation, with delivery volume on 17 March falling by -29.38% compared to the 5-day average. This drop in trading activity suggests a waning interest among investors, which can contribute to downward pressure on the stock price.<BR><BR>From a performance perspective, the stock has also struggled over the past month, with a decline of -13.20%, significantly worse than the benchmark Sensex, which fell by only -8.40% during the same period. Year-to-date, the stock is down -16.77%, compared to the Sensex's -9.99%, further indicating its underperformance.<BR><BR>While the company has strong fundamentals, such as a low Debt to EBITDA ratio and healthy long-term growth in operating profit, recent negative financial results have raised concerns. The profit before tax (PBT) and profit after tax (PAT) for the most recent quarter fell by -22.3% and -32.8%, respectively, compared to previous quarters. Such declines in profitability can lead to a lack of confidence among investors, contributing to the stock's current downward trend.<BR><BR>In summary, the combination of underperformance relative to the sector, declining investor participation, and recent negative financial results are key factors driving the stock price of Banco Products (India) Ltd lower.

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

19-Mar-2026

As of 19-Mar, Banco Products (India) Ltd's stock price is declining, currently at 550.65, down 3.86% and underperforming its sector. The company has reported significant drops in profits and is trading below key moving averages, leading to decreased investor confidence and a year-to-date decline of 19.95%.

As of 19-Mar, Banco Products (India) Ltd is experiencing a decline in its stock price, currently at 550.65, which reflects a change of -22.1 (-3.86%). The stock has underperformed its sector by -0.42% today and has been on a consecutive fall for the last two days, resulting in a total decline of -4.41% during this period. Additionally, the stock has touched an intraday low of Rs 549, indicating a significant drop of -4.15%.<BR><BR>The stock's performance over the past week shows a decrease of -4.36%, which is worse than the Sensex's decline of -2.40%. Over the past month, Banco Products has fallen by -15.25%, compared to a -10.05% drop in the benchmark index. Year-to-date, the stock is down -19.95%, while the Sensex has decreased by -12.92%. This trend of underperformance is compounded by the fact that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.<BR><BR>The company has also reported negative financial results, with a significant drop in profit before tax (PBT) and profit after tax (PAT) in the most recent quarter, falling by -22.3% and -32.8% respectively compared to previous quarters. This has contributed to a perception of weakness in the company's financial health, as indicated by a low return on capital employed (ROCE) of 25.20%.<BR><BR>Despite some positive factors, such as a strong ability to service debt and healthy long-term growth in operating profit, the recent negative financial results and the stock's consistent underperformance relative to the market have led to a decline in investor confidence. This is further reflected in the low stake held by domestic mutual funds, which may suggest a lack of comfort with the current price or business outlook. Overall, these factors contribute to the ongoing decline in the stock price of Banco Products (India) Ltd.

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

20-Mar-2026

As of 20-Mar, Banco Products (India) Ltd's stock price is rising at 554.90, up 0.77% after two days of decline, but it has a mixed performance overall with a 14.75% drop in the past month. Strong fundamentals support its long-term growth, yet recent declines in profit metrics and low mutual fund holdings may impact investor sentiment.

As of 20-Mar, Banco Products (India) Ltd is experiencing a rise in its stock price, currently at 554.90, with a change of 4.25 (0.77%) upward. This increase follows a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 564.95, reflecting a gain of 2.6% during the day.<BR><BR>Despite the positive movement today, the stock has shown a mixed performance over different periods. In the past week, it has increased by 0.78%, while it has seen a significant decline of 14.75% over the past month and a year-to-date drop of 19.33%. However, it has performed exceptionally well over the past year, generating a return of 61.07%, which is a stark contrast to the Sensex's decline of 2.38% during the same period.<BR><BR>The company's strong fundamentals contribute to its stock performance. Banco Products has a low Debt to EBITDA ratio of 0.56, indicating a strong ability to service its debt. Additionally, the company has demonstrated healthy long-term growth, with operating profit growing at an annual rate of 30.16%. The stock is trading at a discount compared to its peers' average historical valuations, and its PEG ratio of 0.3 suggests it is undervalued relative to its earnings growth.<BR><BR>However, there are negative factors influencing investor sentiment. Recent financial results showed a decline in profit before tax (PBT) and profit after tax (PAT) compared to previous quarters, with PBT falling by 22.3% and PAT by 32.8%. Furthermore, domestic mutual funds hold only 0.39% of the company, which may indicate a lack of confidence in the stock's current valuation or business prospects.<BR><BR>Overall, while the stock is rising today, it faces challenges from recent performance metrics and investor participation trends, which may affect its future price movements.

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

23-Mar-2026

As of 23-Mar, Banco Products (India) Ltd's stock price has declined to Rs 523.30, down 5.47%, due to poor financial performance, decreased investor participation, and underperformance compared to the market and sector. The stock is trading below its moving averages, indicating a bearish trend.

As of 23-Mar, Banco Products (India) Ltd is experiencing a decline in its stock price, currently at Rs 523.30, reflecting a change of -30.3 (-5.47%). This drop can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has underperformed significantly compared to the broader market, with a 1-week decline of -7.00% against the Sensex's -3.72% and a 1-month drop of -20.37% compared to the Sensex's -12.72%. Additionally, the stock's performance year-to-date shows a decline of -23.92%, while the Sensex has only fallen by -14.70%. <BR><BR>Today's trading activity indicates a weak performance, as the stock touched an intraday low of Rs 516.5, marking a decrease of -6.7%. The weighted average price suggests that more volume was traded closer to this low price, indicating selling pressure. Furthermore, Banco Products is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume on 20 March falling by -43.68% compared to the 5-day average, indicating a lack of confidence among investors. The broader sector, Auto Ancillary, has also seen a decline of -3.95%, contributing to the negative sentiment surrounding the stock.<BR><BR>Despite some positive long-term growth indicators, such as a strong ability to service debt and healthy operating profit growth, recent negative financial results, including a -22.3% drop in profit before tax and a -32.8% fall in profit after tax compared to previous quarters, have raised concerns. Additionally, the low stake held by domestic mutual funds at only 0.39% may suggest a lack of confidence in the stock's current valuation.<BR><BR>In summary, the combination of poor recent financial performance, declining investor participation, and underperformance relative to the market and sector has led to the falling stock price of Banco Products (India) Ltd.

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

24-Mar-2026

As of 24-Mar, Banco Products (India) Ltd's stock price has risen to 551.00, reflecting a 5.29% increase due to strong sector performance, increased investor interest, and solid financial metrics. Despite some recent declines in profit, the overall performance remains robust with a 51.85% return over the past year.

As of 24-Mar, Banco Products (India) Ltd is experiencing a rise in its stock price, currently at 551.00, which reflects an increase of 27.7 or 5.29%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 2.13% today, indicating strong relative performance. Additionally, the stock reached an intraday high of Rs 553.2, marking a 5.71% increase during the trading session.<BR><BR>Investor participation has also increased, with a delivery volume of 1.68 lacs on 23 March, which is a significant rise of 56.53% compared to the 5-day average. This suggests growing interest and confidence among investors in Banco Products. Furthermore, the company demonstrates a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.56 times, and it has shown healthy long-term growth with an annual operating profit growth rate of 30.16%.<BR><BR>Despite some negative factors, such as a decline in profit before tax and profit after tax in the most recent quarter, the overall performance over the past year has been robust, with a return of 51.85% and a profit increase of 54.9%. The stock is also trading at a discount compared to its peers' average historical valuations, which may attract more investors looking for value.<BR><BR>In summary, the combination of strong sector performance, increased investor participation, and solid financial metrics contributes to the rising stock price of Banco Products (India) Ltd.

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

25-Mar-2026

As of 25-Mar, Banco Products (India) Ltd's stock price has risen to 561.80, reflecting a 1.96% increase, driven by recent gains, strong debt servicing ability, and healthy long-term growth, despite some negative factors. The stock's performance aligns with the Auto Ancillary sector's upward trend and offers value compared to peers.

As of 25-Mar, Banco Products (India) Ltd is experiencing a rise in its stock price, currently at 561.80, with a change of 10.8 (1.96%) upwards. This increase can be attributed to a few key factors. Firstly, the stock has been gaining for the last two days, showing a notable return of 7.36% during this period. Additionally, the stock reached an intraday high of Rs 568.8, reflecting positive momentum.<BR><BR>The performance of the stock today is in line with the sector, as the Auto Ancillary sector has gained by 2.07%. Furthermore, the company demonstrates a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.56 times, and it has shown healthy long-term growth with an operating profit growth rate of 30.16%. The stock is also trading at a discount compared to its peers' average historical valuations, which may attract investors looking for value.<BR><BR>Despite some negative factors, such as a decline in investor participation and recent poor quarterly results, the overall strong performance over the past year, where the stock generated a return of 60.47% while profits increased by 54.9%, supports the current rise in stock price. The consistent returns over the last three years further bolster investor confidence, contributing to the upward movement in the stock price.

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Dashboard

1

Negative results in Dec 25

  • PBT LESS OI(Q) At Rs 91.56 cr has Fallen at -22.3% (vs previous 4Q average)
  • PAT(Q) At Rs 72.74 cr has Fallen at -32.8% (vs previous 4Q average)
  • ROCE(HY) Lowest at 25.20%
2

Despite the size of the company, domestic mutual funds hold only 0.39% of the company

stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Auto Components & Equipments

stock-summary
Market cap

INR 7,824 Cr (Small Cap)

stock-summary
P/E

16.00

stock-summary
Industry P/E

34

stock-summary
Dividend Yield

2.67%

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Debt Equity

0.33

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Return on Equity

26.48%

stock-summary
Price to Book

4.92

Revenue and Profits:
Net Sales:
789 Cr
(Quarterly Results - Dec 2025)
Net Profit:
86 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (2.67%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-22.36%
1.18%
-21.18%
6 Months
-35.4%
1.80%
-33.6%
1 Year
55.24%
4.22%
59.46%
2 Years
79.62%
8.36%
87.98%
3 Years
387.89%
52.90%
440.79%
4 Years
681.27%
124.95%
806.22%
5 Years
651.68%
118.45%
770.13%

Latest dividend: 8 per share ex-dividend date: Mar-18-2026

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Banco Products Falls 6.39%: 4 Key Factors Driving the Weekly Decline

Announcements stock-summary

Closure of Trading Window

27-Mar-2026 | Source : BSE

Please find enclosed herewith Intimation of Closure of Trading Window.

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011

24-Mar-2026 | Source : BSE

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Banco Aluminium Pvt Ltd & PACs

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011

24-Mar-2026 | Source : BSE

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Banco Aluminium Pvt Ltd & PACs

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Banco Products (India) Ltd has declared 400% dividend, ex-date: 18 Mar 26

stock-summary
SPLITS

Banco Products (India) Ltd has announced 2:10 stock split, ex-date: 23 Nov 07

stock-summary
BONUS

Banco Products (India) Ltd has announced 1:1 bonus issue, ex-date: 30 Dec 24

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
20.93%
EBIT Growth (5y)
30.16%
EBIT to Interest (avg)
25.58
Debt to EBITDA (avg)
0.79
Net Debt to Equity (avg)
0.33
Sales to Capital Employed (avg)
1.76
Tax Ratio
24.68%
Dividend Payout Ratio
52.70%
Pledged Shares
0
Institutional Holding
4.23%
ROCE (avg)
24.14%
ROE (avg)
22.48%

Valuation key factors

Factor
Value
P/E Ratio
16
Industry P/E
34
Price to Book Value
4.69
EV to EBIT
14.66
EV to EBITDA
12.24
EV to Capital Employed
3.77
EV to Sales
2.23
PEG Ratio
0.29
Dividend Yield
2.80%
ROCE (Latest)
22.95%
ROE (Latest)
26.48%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 7 Schemes (0.12%)

FIIs

Held by 92 FIIs (4.0%)

Promoter with highest holding

Mehul Kanubhai Patel (55.57%)

Highest Public shareholder

Ashit Chandubhai Patel (1.17%)

Individual Investors Holdings

19.23%

stock-summaryFinancial
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    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is -23.97% vs 7.02% in Sep 2025",
        "dir": -1
      },
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        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is -38.21% vs 26.83% in Sep 2025",
        "dir": -1
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    "table": {
      "header": [
        "Dec'25",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "789.36",
          "val2": "1,038.19",
          "chgp": "-23.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "124.89",
          "val2": "149.26",
          "chgp": "-16.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "7.66",
          "val2": "8.23",
          "chgp": "-6.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "18.15",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "85.83",
          "val2": "138.90",
          "chgp": "-38.21%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.97%",
          "val2": "14.47%",
          "chgp": "1.50%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 18.22% vs 15.26% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 19.80% vs 53.70% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,008.28",
          "val2": "1,698.81",
          "chgp": "18.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "331.18",
          "val2": "338.55",
          "chgp": "-2.18%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "15.29",
          "val2": "13.06",
          "chgp": "17.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "248.42",
          "val2": "207.37",
          "chgp": "19.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.60%",
          "val2": "20.08%",
          "chgp": "-3.48%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 19.67% vs 14.35% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 40.26% vs 17.25% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
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          "field": "Net Sales",
          "val1": "2,797.64",
          "val2": "2,337.87",
          "chgp": "19.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "456.07",
          "val2": "396.88",
          "chgp": "14.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "22.95",
          "val2": "17.74",
          "chgp": "29.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "18.15",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "334.25",
          "val2": "238.30",
          "chgp": "40.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.30%",
          "val2": "16.98%",
          "chgp": "-0.68%",
          "chgp_class": "negative"
        }
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  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 16.04% vs 18.72% in Mar 2024",
        "dir": -1
      },
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 44.36% vs 15.21% in Mar 2024",
        "dir": 1
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    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
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          "field": "Operating Profit (PBDIT) excl Other Income",
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          "val2": "422.32",
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        },
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          "field": "Interest",
          "val1": "25.63",
          "val2": "21.36",
          "chgp": "19.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "391.80",
          "val2": "271.40",
          "chgp": "44.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.18%",
          "val2": "15.40%",
          "chgp": "3.78%",
          "chgp_class": "positive"
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]

Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
789.36
1,038.19
-23.97%
Operating Profit (PBDIT) excl Other Income
124.89
149.26
-16.33%
Interest
7.66
8.23
-6.93%
Exceptional Items
18.15
0.00
Consolidate Net Profit
85.83
138.90
-38.21%
Operating Profit Margin (Excl OI)
15.97%
14.47%
1.50%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is -23.97% vs 7.02% in Sep 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is -38.21% vs 26.83% in Sep 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
2,008.28
1,698.81
18.22%
Operating Profit (PBDIT) excl Other Income
331.18
338.55
-2.18%
Interest
15.29
13.06
17.08%
Exceptional Items
0.00
0.00
Consolidate Net Profit
248.42
207.37
19.80%
Operating Profit Margin (Excl OI)
16.60%
20.08%
-3.48%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 18.22% vs 15.26% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 19.80% vs 53.70% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
2,797.64
2,337.87
19.67%
Operating Profit (PBDIT) excl Other Income
456.07
396.88
14.91%
Interest
22.95
17.74
29.37%
Exceptional Items
18.15
0.00
Consolidate Net Profit
334.25
238.30
40.26%
Operating Profit Margin (Excl OI)
16.30%
16.98%
-0.68%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 19.67% vs 14.35% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is 40.26% vs 17.25% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
3,212.52
2,768.43
16.04%
Operating Profit (PBDIT) excl Other Income
611.16
422.32
44.71%
Interest
25.63
21.36
19.99%
Exceptional Items
0.00
0.00
Consolidate Net Profit
391.80
271.40
44.36%
Operating Profit Margin (Excl OI)
19.18%
15.40%
3.78%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 16.04% vs 18.72% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 44.36% vs 15.21% in Mar 2024

stock-summaryCompany CV
About Banco Products (India) Ltd stock-summary
stock-summary
Banco Products (India) Ltd
Small Cap
Auto Components & Equipments
Banco Products India Limited was incorporated on March 16, 1961. The Company produces gaskets and radiators that have applications in automobiles, oil engines, compressors and locomotives. It has 4 modern manufacturing plants based at Baroda (Vadodara), Mumbai, with state-of-the-art facilities for Production, Design & Development and Quality Assurance. The Company is a leading designer and manufacturer of engine cooling modules for automotive, off highway and industrial applications.
Company Coordinates stock-summary
Company Details
Bil Near Bhaili Raiway Station, Padra Road Vadodara Gujarat : 391410
stock-summary
Tel: 91-265-2680220/21/22/23
stock-summary
investor@bancoindia.com
Registrar Details
Link Intime India Pvt Ltd., B-102 & B103, Shangrila Complex, First Floor, Opp: HDFC Bank, Near Radhakrishna Char Rasta, Akota, Vadodara