BANCOINDIA - Banco Products (India) Ltd. Share Price

Auto Components

₹794.35-25.85(-3.15%)

Market Closed as of Nov 6, 2025, 15:30 IST

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Valuation
Market Cap	11.73 kCr
Price/Earnings (Trailing)	27.12
Price/Sales (Trailing)	3.42
EV/EBITDA	16.41
Price/Free Cashflow	160.4
MarketCap/EBT	19.89
Enterprise Value	11.73 kCr

Fundamentals
Revenue (TTM)	3.43 kCr
Rev. Growth (Yr)	22.1%
Earnings (TTM)	432.65 Cr
Earnings Growth (Yr)	59.5%

Profitability
Operating Margin	17%
EBT Margin	17%
Return on Equity	33.21%
Return on Assets	15.2%
Free Cashflow Yield	0.62%

Price to Sales Ratio

Latest reported: 3

Revenue (Last 12 mths)

Latest reported: 3 kCr

Net Income (Last 12 mths)

Latest reported: 433 Cr

Growth & Returns
Price Change 1W	13.7%
Price Change 1M	-3.3%
Price Change 6M	123.3%
Price Change 1Y	125.4%
3Y Cumulative Return	103.3%
5Y Cumulative Return	78.2%
7Y Cumulative Return	36.8%
10Y Cumulative Return	28.9%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-72.54 Cr
Cash Flow from Operations (TTM)	164.3 Cr
Cash Flow from Financing (TTM)	-88.81 Cr
Cash & Equivalents	22.49 Cr
Free Cash Flow (TTM)	65.85 Cr
Free Cash Flow/Share (TTM)	4.6

Balance Sheet
Total Assets	2.85 kCr
Total Liabilities	1.54 kCr
Shareholder Equity	1.3 kCr
Current Assets	2.21 kCr
Current Liabilities	1.14 kCr
Net PPE	512.82 Cr
Inventory	1.38 kCr
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	0.11
Debt/Equity	0.24
Interest Coverage	21.99
Interest/Cashflow Ops	7.4

Dividend & Shareholder Returns
Dividend/Share (TTM)	11
Dividend Yield	1.91%
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	0.00%

Pros

Growth: Awesome revenue growth! Revenue grew 20.6% over last year and 68% in last three years on TTM basis.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Size: Market Cap wise it is among the top 20% companies of india.

Profitability: Recent profitability of 13% is a good sign.

Balance Sheet: Strong Balance Sheet.

Past Returns: Outperforming stock! In past three years, the stock has provided 103.3% return compared to 13.5% by NIFTY 50.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Cons

No major cons observed.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Dividend Yield	1.91%
Dividend/Share (TTM)	11
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	30.25

Financial Health
Current Ratio	1.94
Debt/Equity	0.24

Technical Indicators
RSI (14d)	31.39
RSI (5d)	67.6
RSI (21d)	30.14
MACD Signal	Sell
Stochastic Oscillator Signal	Buy
Grufity Signal	Buy
RSI Signal	Hold
RSI5 Signal	Hold
RSI21 Signal	Hold
SMA 5 Signal	Buy
SMA 10 Signal	Buy
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Summary of Latest Earnings Report from Banco Products (India)

Summary of Banco Products (India)'s latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Share Holdings

Understand Banco Products (India) ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
Mehul Kanubhai Patel	55.57%
Samir Kanubhai Patel	7.01%
Hasumati Kanubhai Patel	2.07%
Monal Samirbhai Patel	1.83%
Ashit Chandubhai Patel	1.17%
Banco Aluminium Private Limited	0.83%
Sharan Mehul Patel	0.28%
Pritty Vimal Patel	0.18%
Shivam Mehul Patel	0.09%
Gayatri Mehul Patel	0.01%
Vimal Kanubhai Patel	0%
Overseas Pearl Ltd	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Banco Products (India) Better than it's peers?

Detailed comparison of Banco Products (India) against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
BOSCHLTD	Bosch	1.11 LCr	19.48 kCr	-2.50%	+6.50%	41.69	5.7	-	-
MOTHERSON	Samvardhana Motherson International	1.1 LCr	1.16 LCr	-2.00%	-15.30%	34.75	0.95	-	-
EXIDEIND	Exide Industries	32.27 kCr	17.62 kCr	-4.60%	-14.70%	38.08	1.83	-	-
SUNDRMFAST	Sundram Fasteners	20.27 kCr	6.08 kCr	-5.90%	-29.10%	36.58	3.34	-	-
GABRIEL	Gabriel India	18.18 kCr	4.13 kCr	-1.90%	+180.20%	76.06	4.4	-	-

Sector Comparison: BANCOINDIA vs Auto Components

Comprehensive comparison against sector averages

Comparative Metrics

BANCOINDIA metrics compared to Auto

Category	BANCOINDIA	Auto
PE	24.24	41.12
PS	3.05	2.34
Growth	20.6 %	6.5 %

Performance Comparison

BANCOINDIA vs Auto (2021 - 2025)

Key Insights

1. BANCOINDIA is NOT among the Top 10 largest companies in Auto Components & Equipments.
2. The company holds a market share of 0.8% in Auto Components & Equipments.
3. In last one year, the company has had an above average growth that other Auto Components & Equipments companies.

Income Statement for Banco Products (India)

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	16.1%	3,213	2,768	2,332	1,958	1,533	1,422
Other Income	13.5%	43	38	16	4.99	9.03	25
Total Income	16%	3,256	2,806	2,348	1,963	1,542	1,447
Cost of Materials	41.8%	2,164	1,526	1,559	1,301	936	834
Employee Expense	18.9%	335	282	229	196	186	192
Finance costs	25%	26	21	13	5.26	3.62	3.1
Depreciation and Amortization	24%	94	76	56	48	34	33
Other expenses	13.7%	525	462	401	321	290	288
Total Expenses	11.4%	2,721	2,443	2,037	1,739	1,392	1,336
Profit Before exceptional items and Tax	47.2%	534	363	311	224	150	111
Total profit before tax	47.2%	534	363	311	224	150	111
Current tax	16.5%	121	104	77	61	43	32
Deferred tax	255.3%	22	-12.52	-2.14	10	-7.01	2.78
Total tax	56.7%	142	91	75	71	36	35
Total profit (loss) for period	44.8%	392	271	236	152	114	77
Other comp. income net of taxes	-23.8%	17	22	-15.55	15	9.05	-0.92
Total Comprehensive Income	39.7%	409	293	220	168	123	76
Earnings Per Share, Basic	46.8%	27.39	18.975	16.47	10.655	7.95	5.355
Earnings Per Share, Diluted	46.8%	27.39	18.975	16.47	10.655	7.95	5.355

Description	(%) Q/Q	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Revenue From Operations	10.9%	970	875	639	895	804	724
Other Income	-27.8%	14	19	5.28	17	2.09	6.44
Total Income	10.2%	984	893	644	912	806	730
Cost of Materials	-2.7%	575	591	578	539	456	451
Employee Expense	3.2%	99	96	82	82	75	78
Finance costs	-12%	7.06	7.89	4.68	6.03	7.03	6.57
Depreciation and Amortization	-34.3%	24	36	20	19	19	28
Other expenses	6.2%	139	131	137	131	126	109
Total Expenses	16.5%	820	704	605	715	697	645
Profit Before exceptional items and Tax	-13.8%	164	190	39	197	109	86
Total profit before tax	-13.8%	164	190	39	197	109	86
Current tax	38.7%	44	32	18	40	30	27
Deferred tax	248.4%	11	3.87	-9.94	18	9.4	-9.31
Total tax	54.3%	55	36	8.01	58	40	17
Total profit (loss) for period	-28.8%	110	154	31	139	69	68
Other comp. income net of taxes	846.9%	55	-6.23	8.24	-1.31	16	1.45
Total Comprehensive Income	11.6%	164	147	39	137	85	70
Earnings Per Share, Basic	-31.6%	7.66	10.73	2.16	9.695	4.8	4.765
Earnings Per Share, Diluted	-31.6%	7.66	10.73	2.16	9.695	4.8	4.765

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	9.3%	1,105	1,011	1,004	795	654	598
Other Income	1.4%	144	142	132	29	8.05	46
Total Income	8.2%	1,249	1,154	1,136	824	662	645
Cost of Materials	7.9%	659	611	635	527	383	359
Employee Expense	22.2%	67	55	51	42	36	38
Finance costs	500%	2.68	1.28	0.35	0.36	0.62	0.35
Depreciation and Amortization	8.7%	26	24	21	20	20	20
Other expenses	8.3%	183	169	161	147	118	118
Total Expenses	9.6%	938	856	855	714	557	544
Profit Before exceptional items and Tax	4.7%	311	297	281	110	104	101
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	4.7%	311	297	281	110	104	101
Current tax	4.8%	45	43	39	24	19	24
Deferred tax	36%	-0.44	-1.25	-3.55	0.21	5.34	6.87
Total tax	7.3%	45	42	35	24	24	31
Total profit (loss) for period	4.3%	266	255	246	86	80	70
Other comp. income net of taxes	-1.3%	-0.56	-0.54	-0.02	-1.12	0.32	-4.35
Total Comprehensive Income	4.3%	266	255	246	85	80	65
Earnings Per Share, Basic	4.5%	18.61	17.845	17.165	5.99	5.595	4.86
Earnings Per Share, Diluted	4.5%	18.61	17.845	17.165	5.99	5.595	4.86

Description	(%) Q/Q	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Revenue From Operations	-2.3%	301	308	257	282	257	264
Other Income	-90.1%	11	102	35	5.74	0.98	28
Total Income	-24%	312	410	292	288	258	292
Cost of Materials	2.9%	179	174	159	175	151	157
Employee Expense	-5.3%	19	20	16	17	14	15
Finance costs	-14.7%	0.14	0.25	0.27	0.13	2.03	1.02
Depreciation and Amortization	-3.7%	6.75	6.97	6.76	6.37	6.12	6.29
Other expenses	0%	51	51	45	44	43	45
Total Expenses	-3.5%	249	258	221	238	221	230
Profit Before exceptional items and Tax	-58.3%	64	152	71	51	38	62
Total profit before tax	-58.3%	64	152	71	51	38	62
Current tax	7.1%	16	15	8.08	13	9.75	9.06
Deferred tax	-	0.24	0	-0.26	-0.17	-0.01	-0.41
Total tax	7.1%	16	15	7.82	13	9.74	8.65
Total profit (loss) for period	-65.4%	48	137	63	38	28	53
Other comp. income net of taxes	35.9%	0	-0.56	0	0	0	-0.54
Total Comprehensive Income	-65.4%	48	137	63	38	28	53
Earnings Per Share, Basic	-72.7%	3.35	9.6	4.42	2.65	1.945	3.73
Earnings Per Share, Diluted	-72.7%	3.35	9.6	4.42	2.65	1.945	3.73

Balance Sheet for Banco Products (India)

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	90.9%	22	12	17	25	7.02	8.79
Current investments	23.3%	38	31	0	0	0	0
Total current financial assets	-0.1%	769	770	547	718	432	606
Inventories	38.6%	1,381	997	922	763	995	890
Current tax assets	-	0	-	0	4.36	0.5	0
Total current assets	21.2%	2,210	1,824	1,506	1,509	1,456	1,530
Property, plant and equipment	15.6%	513	444	451	334	351	287
Capital work-in-progress	-62.3%	5.15	12	9.82	35	18	20
Non-current investments	-	0	0	0	0	0	0.49
Total non-current financial assets	1.9%	4.19	4.13	2.76	32	14	23
Total non-current assets	22.8%	636	518	521	440	428	376
Total assets	21.5%	2,846	2,342	2,027	1,949	1,884	1,906
Borrowings, non-current	-7.7%	25	27	36	0.69	38	4.81
Total non-current financial liabilities	803.8%	236	27	201	102	147	76
Provisions, non-current	9.1%	13	12	12	11	11	11
Total non-current liabilities	37.4%	405	295	291	187	232	150
Borrowings, current	42.2%	294	207	186	282	253	266
Total current financial liabilities	54.1%	1,066	692	646	675	639	787
Provisions, current	77.9%	2.21	1.68	1.57	1.62	1.57	1.56
Current tax liabilities	17.6%	21	18	13	18	0	8.06
Total current liabilities	47.3%	1,138	773	685	715	650	826
Total liabilities	44.6%	1,544	1,068	976	902	882	976
Equity share capital	115.4%	29	14	14	14	14	14
Total equity	2.3%	1,303	1,274	1,052	1,047	1,002	931
Total equity and liabilities	21.5%	2,846	2,342	2,027	1,949	1,884	1,906

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	218.5%	16	5.71	13	23	5.74	7.37
Current investments	65%	34	21	0	0	0	0
Loans, current	-	0	0	14	0	0	0
Total current financial assets	57.8%	416	264	242	381	248	400
Inventories	-1.4%	277	281	261	218	249	229
Current tax assets	-	7.19	0	7.42	3.07	4.94	0
Total current assets	26.8%	716	565	524	610	513	633
Property, plant and equipment	5.2%	162	154	152	147	149	137
Capital work-in-progress	-88.6%	2.03	10	8.11	14	2.03	6.85
Non-current investments	2.8%	187	182	160	155	155	154
Loans, non-current	-	0	0	0	12	8.5	0
Total non-current financial assets	2.7%	189	184	163	195	173	175
Total non-current assets	-0.3%	361	362	332	360	330	325
Total assets	16.3%	1,078	927	855	970	844	959
Provisions, non-current	7.5%	9.55	8.95	8.6	8.06	7.78	8.04
Total non-current liabilities	8.3%	14	13	13	14	14	14
Borrowings, current	107.5%	7.1	3.94	4.64	0	0.23	0
Total current financial liabilities	103.9%	209	103	97	183	94	215
Provisions, current	183.3%	1.85	1.3	1.26	1.35	1.31	1.2
Current tax liabilities	-	0	0	0	0	-	2.06
Total current liabilities	104.8%	214	105	100	185	99	234
Total liabilities	91.5%	227	119	113	199	113	249
Equity share capital	115.4%	29	14	14	14	14	14
Total equity	5.3%	851	808	742	772	731	710
Total equity and liabilities	16.3%	1,078	927	855	970	844	959

Cash Flow for Banco Products (India)

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-	0	0	0	5.25	-	-
Change in inventories	-739.2%	-459.23	73	-274.41	-156.57	-	-
Depreciation	24%	94	76	56	48	-	-
Unrealised forex losses/gains	0%	0.1	0.1	1.58	0.61	-	-
Net Cashflows from Operations	-52.3%	255	534	38	110	-	-
Interest paid	-19.1%	-25.63	-21.36	-12.58	0	-	-
Interest received	46.2%	-3.49	-7.34	-1.92	-3.74	-	-
Income taxes paid (refund)	25.8%	113	90	90	49	-	-
Net Cashflows From Operating Activities	-64.3%	164	458	-41.47	57	-	-
Proceeds from sales of PPE	488.5%	20	-3.89	32	0	-	-
Purchase of property, plant and equipment	7.8%	98	91	125	75	-	-
Proceeds from sales of investment property	-	0	0	0	2.42	-	-
Proceeds from sales of long-term assets	247.5%	38	-24.09	66	0	-	-
Purchase of other long-term assets	-	0	0	0	38	-	-
Interest received	-5.8%	5.19	5.45	3.66	6.4	-	-
Other inflows (outflows) of cash	-	-37.58	0	0	0	-	-
Net Cashflows From Investing Activities	35.9%	-72.54	-113.79	-23.37	-104.29	-	-
Proceeds from borrowings	222.7%	94	-74.78	272	8.93	-	-
Repayments of borrowings	-	0	0	0	0.61	-	-
Dividends paid	-35.5%	157	243	200	14	-	-
Interest paid	25%	26	21	13	5.26	-	-
Net Cashflows from Financing Activities	73.6%	-88.81	-339.3	59	-11.24	-	-
Net change in cash and cash eq.	-51.2%	2.95	5	-6.12	-58.29	-	-

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-	0	0	0	0.36	-	-
Change in inventories	-25.1%	-15.98	-12.57	-52.55	-40.58	-	-
Depreciation	8.7%	26	24	21	20	-	-
Unrealised forex losses/gains	268.9%	2.52	0.1	1.57	0.58	-	-
Net Cashflows from Operations	-19.2%	270	334	229	45	-	-
Dividends received	-1.5%	-130.81	-128.84	-117.34	-19.71	-	-
Interest paid	-62.1%	-2.68	-1.27	-0.35	0	-	-
Interest received	69.6%	-1.23	-6.34	-1.26	-3.3	-	-
Income taxes paid (refund)	-2.2%	45	46	43	20	-	-
Net Cashflows From Operating Activities	-38.6%	95	154	68	1.35	-	-
Proceeds from sales of PPE	200%	1.92	0.08	0.23	0.15	-	-
Purchase of property, plant and equipment	-22.9%	28	36	34	32	-	-
Proceeds from sales of long-term assets	40.8%	5.8	4.41	53	0	-	-
Purchase of other long-term assets	-	0	0	0	30	-	-
Cash receipts from repayment of advances and loans made to other parties	-	14	0	0	0	-	-
Dividends received	1.6%	131	129	117	20	-	-
Interest received	-85.2%	1.7	5.72	2.77	6.02	-	-
Other inflows (outflows) of cash	-	-33.27	0	0	0	-	-
Net Cashflows From Investing Activities	-29.3%	66	93	127	-40.92	-	-
Dividends paid	-35.5%	157	243	200	14	-	-
Interest paid	500%	2.68	1.28	0.35	0.36	-	-
Net Cashflows from Financing Activities	34.4%	-160.02	-244.44	-200.6	-14.66	-	-
Net change in cash and cash eq.	-79.5%	1.31	2.51	-5.67	-54.23	-	-

What does Banco Products (India) Ltd. do?

Auto Components & Equipments•Automobile and AutoComponents•Small Cap

Banco Products (India) is an auto components and equipment company, trading under the stock ticker BANCOINDIA.

With a market capitalization of Rs. 5,496.2 Crores, it is involved in the manufacture and sale of heat exchangers and cooling systems, operating both in India and internationally.

The company specializes in a wide array of engine cooling systems, which include:

Radiators
Charge air coolers
Oil coolers
Transmission and hydraulic coolers
Condensers
Fuel coolers
Battery coolers
Inverter coolers
Various configurations and accessories
Expansion tanks
Fan motor assemblies
Fan shrouds and guards
Miscellaneous mounting plumbing accessories

In addition to cooling systems, Banco Products (India) offers engine sealing systems, producing items such as:

Engine cylinder head and peripheral gaskets
Heat shields
Industrial gaskets

They utilize various materials, including multi-layered steel, graphite composite, and rubber cork gaskets.

The company's products are widely used in:

Passenger cars
Light, medium, and heavy commercial vehicles
Agricultural tractors and harvesters
High-performance bikes
Construction machinery
Material handling equipment
Mining machinery
Diesel generators and power generation equipment
Traction rail locomotives
Air compressors

Founded in 1961 and based in Vadodara, India, Banco Products (India) reported a trailing 12 months revenue of Rs. 3,092.4 Crores.

The company is known for distributing dividends to its investors, boasting a dividend yield of 5.47% per year, with a recent payout of Rs. 21 per share. Over the past three years, it has experienced a revenue growth of 62.3%.

Industry Group:Auto Components

Employees:690

Website:www.bancoindia.com

BANCOINDIA - Banco Products (India) Ltd. Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Banco Products (India) Ltd. do?