ScoreWhy is Banco Products (India) Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.56 times
2
Healthy long term growth as Operating profit has grown by an annual rate 33.96%
3
Flat results in Sep 25
- ROCE(HY) Lowest at 25.20%
- PBT LESS OI(Q) At Rs 116.17 cr has Fallen at -13.2% (vs previous 4Q average)
- NON-OPERATING INCOME(Q) is 33.50 % of Profit Before Tax (PBT)
4
With ROCE of 22.9, it has a Fair valuation with a 5 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 38.72%, its profits have risen by 25.9% ; the PEG ratio of the company is 0.9
5
Despite the size of the company, domestic mutual funds hold only 0.39% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
6
Consistent Returns over the last 3 years
- Along with generating 38.72% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Banco Products should be less than 10%
- Overall Portfolio exposure to Auto Components & Equipments should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Banco Products for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Banco Products
38.72%
0.61
63.00%
Sensex
4.83%
0.41
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
20.92%
EBIT Growth (5y)
33.96%
EBIT to Interest (avg)
26.42
Debt to EBITDA (avg)
0.79
Net Debt to Equity (avg)
0.33
Sales to Capital Employed (avg)
1.76
Tax Ratio
23.73%
Dividend Payout Ratio
52.70%
Pledged Shares
0
Institutional Holding
4.70%
ROCE (avg)
24.14%
ROE (avg)
22.48%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
24
Industry P/E
39
Price to Book Value
6.31
EV to EBIT
21.75
EV to EBITDA
17.98
EV to Capital Employed
4.99
EV to Sales
3.08
PEG Ratio
0.92
Dividend Yield
2.50%
ROCE (Latest)
22.95%
ROE (Latest)
26.48%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Bullish
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend8What is working for the Company
PAT(9M)
At Rs 401.92 cr has Grown at 45.87%
NET SALES(Q)
Highest at Rs 1,038.19 cr
-5What is not working for the Company
ROCE(HY)
Lowest at 25.20%
PBT LESS OI(Q)
At Rs 116.17 cr has Fallen at -13.2% (vs previous 4Q average
NON-OPERATING INCOME(Q)
is 33.50 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Banco Products
Net Sales - Quarterly
Highest at Rs 1,038.19 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 1,038.19 cr has Grown at 22.9% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 844.68 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 138.90 cr has Grown at 28.4% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 108.16 CrMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Here's what is not working for Banco Products
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 116.17 cr has Fallen at -13.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 133.82 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 33.50 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Non Operating Income - Quarterly
Highest at Rs 58.53 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
