Share Price and Basic Stock Data
Last Updated: November 4, 2025, 3:45 pm
| PEG Ratio | 1.18 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Banco Products (India) Ltd operates in the auto ancillary sector, focusing on engine parts. The company reported sales of ₹2,332 Cr for the fiscal year ending March 2023, representing a significant increase from ₹1,958 Cr in the previous fiscal year. This upward trend is corroborated by the trailing twelve months sales standing at ₹3,379 Cr, indicating robust demand and operational efficiency. Quarterly sales have shown consistent growth, with the latest reported figure for June 2025 reaching ₹970 Cr, up from ₹586 Cr in June 2022. The company has also demonstrated resilience in a fluctuating market, as indicated by its ability to manage expenses, which rose from ₹1,966 Cr in FY 2023 to ₹2,601 Cr in FY 2025. The overall trajectory suggests that Banco Products is well-positioned to capitalize on the growing automotive sector in India, supported by both domestic demand and potential export opportunities.
Profitability and Efficiency Metrics
Banco Products recorded a net profit of ₹433 Cr for the fiscal year ending March 2025, reflecting a sharp increase from ₹236 Cr in the previous year. The company’s return on equity (ROE) stood at an impressive 32.2%, indicative of its ability to generate substantial returns for shareholders. Operating profit margin (OPM) improved to 19% in FY 2025 from 16% in FY 2023, signaling effective cost management strategies. The interest coverage ratio (ICR) of 25.52x illustrates the company’s strong capability to meet its interest obligations, which is significantly higher than typical industry standards. However, the cash conversion cycle (CCC) of 231 days indicates a need for improvement in working capital management, as it is slightly elevated compared to industry norms. Overall, Banco Products has established a solid profitability framework, underpinned by strong operational performance and cost efficiency.
Balance Sheet Strength and Financial Ratios
Banco Products has maintained a robust balance sheet, with total assets reaching ₹2,744 Cr as of March 2025, up from ₹1,855 Cr in March 2023. The company’s reserves increased to ₹1,274 Cr, reflecting a strong retained earnings position. Total borrowings stood at ₹573 Cr, resulting in a total debt-to-equity ratio of 0.24, which is low compared to many companies in the automotive sector, indicating prudent financial management. The price-to-book value ratio of 3.79x suggests that investors are willing to pay a premium for the company’s shares, reflecting confidence in its future growth prospects. Additionally, the return on capital employed (ROCE) rose to 32.4%, showcasing effective utilization of capital. These financial ratios highlight the company’s strong financial health and ability to leverage its balance sheet effectively for growth.
Shareholding Pattern and Investor Confidence
The shareholding structure of Banco Products is heavily dominated by promoters, holding 67.88% of the total shares. This stable promoter holding indicates strong insider confidence in the company’s future. Foreign institutional investors (FIIs) have increased their stake to 4.40%, up from 1.15% in December 2022, demonstrating growing interest from international investors. Conversely, domestic institutional investors (DIIs) hold a minimal 0.29%, which may reflect cautious sentiment among local institutions. The number of shareholders has risen to 72,708, indicating increasing retail investor interest. This growing shareholder base, coupled with a consistent dividend payout ratio of 40.15% in FY 2025, suggests that the company is committed to returning value to its investors while maintaining a healthy reserve for future growth. Overall, the shareholding pattern reflects a balanced approach to governance and investor engagement.
Outlook, Risks, and Final Insight
Banco Products appears well-positioned for continued growth, driven by strong revenue trends and profitability metrics. However, the elevated cash conversion cycle poses a risk to liquidity and operational efficiency. Additionally, fluctuations in raw material prices and potential supply chain disruptions could impact profitability. The company must also navigate competitive pressures within the auto ancillary sector, particularly as electric vehicles gain traction. On the positive side, the increasing interest from FIIs and the solid promoter stake provide a cushion against market volatility. The outlook remains optimistic as long as the company continues to manage its working capital effectively and adapts to the evolving automotive landscape. Should Banco Products successfully address its operational challenges while leveraging its strengths, it could enhance shareholder value significantly in the coming years.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Banco Products (India) Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| IP Rings Ltd | 176 Cr. | 139 | 222/108 | 80.0 | 0.00 % | 3.08 % | 4.14 % | 10.0 | |
| Talbros Automotive Components Ltd | 1,812 Cr. | 293 | 353/200 | 18.9 | 102 | 0.24 % | 19.3 % | 15.9 % | 2.00 |
| Sundram Fasteners Ltd | 20,185 Cr. | 964 | 1,400/831 | 36.4 | 193 | 0.75 % | 17.1 % | 14.9 % | 1.00 |
| Sintercom India Ltd | 327 Cr. | 119 | 186/110 | 385 | 36.9 | 0.00 % | 5.08 % | 0.66 % | 10.0 |
| Shriram Pistons & Rings Ltd | 11,916 Cr. | 2,704 | 2,790/1,556 | 22.7 | 543 | 0.37 % | 25.7 % | 23.2 % | 10.0 |
| Industry Average | 13,509.17 Cr | 3,664.25 | 63.26 | 539.97 | 0.60% | 16.53% | 14.30% | 7.25 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 586 | 628 | 509 | 609 | 749 | 725 | 571 | 724 | 804 | 895 | 639 | 875 | 970 |
| Expenses | 519 | 569 | 369 | 511 | 653 | 602 | 482 | 610 | 671 | 689 | 581 | 660 | 788 |
| Operating Profit | 67 | 59 | 140 | 98 | 97 | 122 | 89 | 114 | 133 | 206 | 58 | 214 | 182 |
| OPM % | 11% | 9% | 28% | 16% | 13% | 17% | 16% | 16% | 17% | 23% | 9% | 24% | 19% |
| Other Income | 1 | 10 | 1 | 3 | 16 | 3 | 12 | 6 | 2 | 17 | 5 | 19 | 14 |
| Interest | 2 | 1 | 3 | 7 | 5 | 6 | 4 | 7 | 7 | 6 | 5 | 8 | 7 |
| Depreciation | 12 | 12 | 13 | 20 | 15 | 16 | 17 | 28 | 19 | 19 | 20 | 36 | 24 |
| Profit before tax | 55 | 56 | 126 | 74 | 93 | 104 | 81 | 86 | 109 | 197 | 39 | 190 | 164 |
| Tax % | 37% | 8% | 22% | 31% | 26% | 36% | 15% | 20% | 37% | 30% | 21% | 19% | 33% |
| Net Profit | 35 | 52 | 98 | 51 | 69 | 66 | 68 | 68 | 69 | 139 | 31 | 154 | 110 |
| EPS in Rs | 2.42 | 3.62 | 6.87 | 3.57 | 4.81 | 4.62 | 4.78 | 4.77 | 4.80 | 9.70 | 2.16 | 10.73 | 7.66 |
Last Updated: August 20, 2025, 1:05 pm
Below is a detailed analysis of the quarterly data for Banco Products (India) Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 970.00 Cr.. The value appears strong and on an upward trend. It has increased from 875.00 Cr. (Mar 2025) to 970.00 Cr., marking an increase of 95.00 Cr..
- For Expenses, as of Jun 2025, the value is 788.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 660.00 Cr. (Mar 2025) to 788.00 Cr., marking an increase of 128.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 182.00 Cr.. The value appears to be declining and may need further review. It has decreased from 214.00 Cr. (Mar 2025) to 182.00 Cr., marking a decrease of 32.00 Cr..
- For OPM %, as of Jun 2025, the value is 19.00%. The value appears to be declining and may need further review. It has decreased from 24.00% (Mar 2025) to 19.00%, marking a decrease of 5.00%.
- For Other Income, as of Jun 2025, the value is 14.00 Cr.. The value appears to be declining and may need further review. It has decreased from 19.00 Cr. (Mar 2025) to 14.00 Cr., marking a decrease of 5.00 Cr..
- For Interest, as of Jun 2025, the value is 7.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 8.00 Cr. (Mar 2025) to 7.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 24.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 36.00 Cr. (Mar 2025) to 24.00 Cr., marking a decrease of 12.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 164.00 Cr.. The value appears to be declining and may need further review. It has decreased from 190.00 Cr. (Mar 2025) to 164.00 Cr., marking a decrease of 26.00 Cr..
- For Tax %, as of Jun 2025, the value is 33.00%. The value appears to be increasing, which may not be favorable. It has increased from 19.00% (Mar 2025) to 33.00%, marking an increase of 14.00%.
- For Net Profit, as of Jun 2025, the value is 110.00 Cr.. The value appears to be declining and may need further review. It has decreased from 154.00 Cr. (Mar 2025) to 110.00 Cr., marking a decrease of 44.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 7.66. The value appears to be declining and may need further review. It has decreased from 10.73 (Mar 2025) to 7.66, marking a decrease of 3.07.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 22, 2025, 5:27 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,116 | 1,129 | 1,148 | 1,239 | 1,336 | 1,567 | 1,422 | 1,533 | 1,958 | 2,332 | 2,768 | 3,213 | 3,379 |
| Expenses | 951 | 1,027 | 1,002 | 1,096 | 1,157 | 1,405 | 1,300 | 1,354 | 1,686 | 1,966 | 2,340 | 2,601 | 2,718 |
| Operating Profit | 165 | 102 | 146 | 144 | 179 | 161 | 122 | 178 | 272 | 366 | 428 | 611 | 660 |
| OPM % | 15% | 9% | 13% | 12% | 13% | 10% | 9% | 12% | 14% | 16% | 15% | 19% | 20% |
| Other Income | 9 | 53 | 11 | 32 | 18 | 10 | 25 | 9 | 5 | 14 | 32 | 43 | 55 |
| Interest | 19 | 8 | 3 | 2 | 2 | 4 | 3 | 4 | 5 | 13 | 21 | 26 | 26 |
| Depreciation | 32 | 34 | 35 | 33 | 28 | 29 | 33 | 34 | 48 | 56 | 76 | 94 | 99 |
| Profit before tax | 122 | 113 | 119 | 141 | 167 | 138 | 111 | 150 | 224 | 311 | 363 | 534 | 590 |
| Tax % | 26% | 22% | 25% | 31% | 30% | 50% | 31% | 24% | 32% | 24% | 25% | 27% | |
| Net Profit | 90 | 88 | 90 | 97 | 117 | 69 | 77 | 114 | 152 | 236 | 271 | 392 | 433 |
| EPS in Rs | 6.28 | 6.13 | 6.29 | 6.80 | 8.17 | 4.83 | 5.36 | 7.95 | 10.66 | 16.47 | 18.98 | 27.39 | 30.25 |
| Dividend Payout % | 16% | 24% | 37% | 66% | 61% | 83% | 187% | 13% | 94% | 67% | 53% | 40% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -2.22% | 2.27% | 7.78% | 20.62% | -41.03% | 11.59% | 48.05% | 33.33% | 55.26% | 14.83% | 44.65% |
| Change in YoY Net Profit Growth (%) | 0.00% | 4.49% | 5.51% | 12.84% | -61.64% | 52.62% | 36.46% | -14.72% | 21.93% | -40.43% | 29.82% |
Banco Products (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 18% |
| 3 Years: | 18% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 39% |
| 3 Years: | 36% |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 67% |
| 3 Years: | 68% |
| 1 Year: | 80% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 24% |
| 3 Years: | 28% |
| Last Year: | 32% |
Last Updated: September 5, 2025, 12:30 am
Balance Sheet
Last Updated: September 10, 2025, 1:32 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 29 |
| Reserves | 574 | 605 | 674 | 705 | 793 | 818 | 696 | 814 | 967 | 987 | 1,037 | 1,274 |
| Borrowings | 172 | 36 | 36 | 38 | 34 | 40 | 92 | 14 | 115 | 418 | 423 | 573 |
| Other Liabilities | 183 | 164 | 232 | 211 | 356 | 322 | 287 | 344 | 405 | 435 | 508 | 868 |
| Total Liabilities | 944 | 819 | 956 | 969 | 1,197 | 1,195 | 1,089 | 1,187 | 1,502 | 1,855 | 1,982 | 2,744 |
| Fixed Assets | 243 | 227 | 221 | 192 | 191 | 184 | 193 | 190 | 297 | 359 | 454 | 516 |
| CWIP | 12 | 11 | 3 | 4 | 13 | 13 | 3 | 1 | 15 | 18 | 10 | 5 |
| Investments | 71 | 1 | 1 | 91 | 24 | 69 | 9 | 1 | 1 | 0 | 0 | 38 |
| Other Assets | 618 | 581 | 731 | 682 | 969 | 929 | 883 | 995 | 1,190 | 1,477 | 1,518 | 2,185 |
| Total Assets | 944 | 819 | 956 | 969 | 1,197 | 1,195 | 1,089 | 1,187 | 1,502 | 1,855 | 1,982 | 2,744 |
Below is a detailed analysis of the balance sheet data for Banco Products (India) Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 29.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Mar 2024) to 29.00 Cr., marking an increase of 15.00 Cr..
- For Reserves, as of Mar 2025, the value is 1,274.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,037.00 Cr. (Mar 2024) to 1,274.00 Cr., marking an increase of 237.00 Cr..
- For Borrowings, as of Mar 2025, the value is 573.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 423.00 Cr. (Mar 2024) to 573.00 Cr., marking an increase of 150.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 868.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 508.00 Cr. (Mar 2024) to 868.00 Cr., marking an increase of 360.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 2,744.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,982.00 Cr. (Mar 2024) to 2,744.00 Cr., marking an increase of 762.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 516.00 Cr.. The value appears strong and on an upward trend. It has increased from 454.00 Cr. (Mar 2024) to 516.00 Cr., marking an increase of 62.00 Cr..
- For CWIP, as of Mar 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10.00 Cr. (Mar 2024) to 5.00 Cr., marking a decrease of 5.00 Cr..
- For Investments, as of Mar 2025, the value is 38.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 38.00 Cr., marking an increase of 38.00 Cr..
- For Other Assets, as of Mar 2025, the value is 2,185.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,518.00 Cr. (Mar 2024) to 2,185.00 Cr., marking an increase of 667.00 Cr..
- For Total Assets, as of Mar 2025, the value is 2,744.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,982.00 Cr. (Mar 2024) to 2,744.00 Cr., marking an increase of 762.00 Cr..
Notably, the Reserves (1,274.00 Cr.) exceed the Borrowings (573.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -7.00 | 66.00 | 110.00 | 106.00 | 145.00 | 121.00 | 30.00 | 164.00 | 157.00 | -52.00 | 5.00 | 38.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70 | 57 | 70 | 60 | 70 | 63 | 75 | 64 | 60 | 65 | 63 | 69 |
| Inventory Days | 172 | 152 | 190 | 171 | 217 | 191 | 212 | 234 | 225 | 271 | 210 | 289 |
| Days Payable | 57 | 39 | 71 | 51 | 90 | 102 | 99 | 118 | 95 | 95 | 90 | 128 |
| Cash Conversion Cycle | 184 | 170 | 189 | 180 | 197 | 152 | 188 | 180 | 191 | 241 | 183 | 231 |
| Working Capital Days | 71 | 103 | 107 | 105 | 108 | 111 | 120 | 132 | 133 | 123 | 102 | 106 |
| ROCE % | 19% | 12% | 18% | 17% | 21% | 17% | 13% | 19% | 24% | 26% | 27% | 32% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 27.39 | 37.95 | 32.94 | 21.31 | 15.90 |
| Diluted EPS (Rs.) | 27.39 | 37.95 | 32.94 | 21.31 | 15.90 |
| Cash EPS (Rs.) | 33.99 | 48.57 | 40.82 | 28.00 | 20.61 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 91.05 | 146.95 | 139.96 | 137.19 | 115.76 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 91.08 | 147.03 | 140.03 | 137.27 | 115.83 |
| Revenue From Operations / Share (Rs.) | 224.59 | 387.09 | 326.04 | 273.78 | 214.29 |
| PBDIT / Share (Rs.) | 45.74 | 64.33 | 53.10 | 38.72 | 26.17 |
| PBIT / Share (Rs.) | 39.14 | 53.70 | 45.22 | 32.02 | 21.46 |
| PBT / Share (Rs.) | 37.35 | 50.71 | 43.46 | 31.29 | 20.95 |
| Net Profit / Share (Rs.) | 27.39 | 37.95 | 32.94 | 21.31 | 15.90 |
| NP After MI And SOA / Share (Rs.) | 27.39 | 37.95 | 32.94 | 21.31 | 15.90 |
| PBDIT Margin (%) | 20.36 | 16.61 | 16.28 | 14.14 | 12.21 |
| PBIT Margin (%) | 17.42 | 13.87 | 13.86 | 11.69 | 10.01 |
| PBT Margin (%) | 16.62 | 13.10 | 13.32 | 11.42 | 9.77 |
| Net Profit Margin (%) | 12.19 | 9.80 | 10.10 | 7.78 | 7.42 |
| NP After MI And SOA Margin (%) | 12.19 | 9.80 | 10.10 | 7.78 | 7.42 |
| Return on Networth / Equity (%) | 30.08 | 25.82 | 23.53 | 15.53 | 13.73 |
| Return on Capital Employeed (%) | 32.38 | 28.32 | 26.21 | 19.63 | 16.89 |
| Return On Assets (%) | 13.76 | 13.38 | 12.50 | 9.95 | 9.35 |
| Long Term Debt / Equity (X) | 0.01 | 0.03 | 0.03 | 0.01 | 0.01 |
| Total Debt / Equity (X) | 0.24 | 0.21 | 0.29 | 0.02 | 0.01 |
| Asset Turnover Ratio (%) | 1.32 | 1.42 | 0.84 | 0.79 | 0.70 |
| Current Ratio (X) | 1.98 | 2.24 | 2.24 | 3.17 | 3.21 |
| Quick Ratio (X) | 0.74 | 0.86 | 0.70 | 1.20 | 1.37 |
| Inventory Turnover Ratio (X) | 2.79 | 1.59 | 1.31 | 1.39 | 1.21 |
| Dividend Payout Ratio (NP) (%) | 40.15 | 89.59 | 24.28 | 9.38 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 32.36 | 69.99 | 19.59 | 7.14 | 0.00 |
| Earning Retention Ratio (%) | 59.85 | 10.41 | 75.72 | 90.62 | 0.00 |
| Cash Earning Retention Ratio (%) | 67.64 | 30.01 | 80.41 | 92.86 | 0.00 |
| Interest Coverage Ratio (X) | 25.52 | 21.54 | 30.18 | 52.69 | 51.73 |
| Interest Coverage Ratio (Post Tax) (X) | 16.29 | 13.70 | 19.72 | 30.00 | 32.44 |
| Enterprise Value (Cr.) | 5131.35 | 4411.67 | 1882.76 | 913.42 | 896.66 |
| EV / Net Operating Revenue (X) | 1.60 | 1.59 | 0.80 | 0.46 | 0.58 |
| EV / EBITDA (X) | 7.84 | 9.59 | 4.96 | 3.30 | 4.79 |
| MarketCap / Net Operating Revenue (X) | 1.54 | 1.54 | 0.69 | 0.49 | 0.65 |
| Retention Ratios (%) | 59.84 | 10.40 | 75.71 | 90.61 | 0.00 |
| Price / BV (X) | 3.79 | 4.05 | 1.61 | 0.99 | 1.21 |
| Price / Net Operating Revenue (X) | 1.54 | 1.54 | 0.69 | 0.49 | 0.65 |
| EarningsYield | 0.07 | 0.06 | 0.14 | 0.15 | 0.11 |
After reviewing the key financial ratios for Banco Products (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 27.39. This value is within the healthy range. It has decreased from 37.95 (Mar 24) to 27.39, marking a decrease of 10.56.
- For Diluted EPS (Rs.), as of Mar 25, the value is 27.39. This value is within the healthy range. It has decreased from 37.95 (Mar 24) to 27.39, marking a decrease of 10.56.
- For Cash EPS (Rs.), as of Mar 25, the value is 33.99. This value is within the healthy range. It has decreased from 48.57 (Mar 24) to 33.99, marking a decrease of 14.58.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 91.05. It has decreased from 146.95 (Mar 24) to 91.05, marking a decrease of 55.90.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 91.08. It has decreased from 147.03 (Mar 24) to 91.08, marking a decrease of 55.95.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 224.59. It has decreased from 387.09 (Mar 24) to 224.59, marking a decrease of 162.50.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 45.74. This value is within the healthy range. It has decreased from 64.33 (Mar 24) to 45.74, marking a decrease of 18.59.
- For PBIT / Share (Rs.), as of Mar 25, the value is 39.14. This value is within the healthy range. It has decreased from 53.70 (Mar 24) to 39.14, marking a decrease of 14.56.
- For PBT / Share (Rs.), as of Mar 25, the value is 37.35. This value is within the healthy range. It has decreased from 50.71 (Mar 24) to 37.35, marking a decrease of 13.36.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 27.39. This value is within the healthy range. It has decreased from 37.95 (Mar 24) to 27.39, marking a decrease of 10.56.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 27.39. This value is within the healthy range. It has decreased from 37.95 (Mar 24) to 27.39, marking a decrease of 10.56.
- For PBDIT Margin (%), as of Mar 25, the value is 20.36. This value is within the healthy range. It has increased from 16.61 (Mar 24) to 20.36, marking an increase of 3.75.
- For PBIT Margin (%), as of Mar 25, the value is 17.42. This value is within the healthy range. It has increased from 13.87 (Mar 24) to 17.42, marking an increase of 3.55.
- For PBT Margin (%), as of Mar 25, the value is 16.62. This value is within the healthy range. It has increased from 13.10 (Mar 24) to 16.62, marking an increase of 3.52.
- For Net Profit Margin (%), as of Mar 25, the value is 12.19. This value exceeds the healthy maximum of 10. It has increased from 9.80 (Mar 24) to 12.19, marking an increase of 2.39.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 12.19. This value is within the healthy range. It has increased from 9.80 (Mar 24) to 12.19, marking an increase of 2.39.
- For Return on Networth / Equity (%), as of Mar 25, the value is 30.08. This value is within the healthy range. It has increased from 25.82 (Mar 24) to 30.08, marking an increase of 4.26.
- For Return on Capital Employeed (%), as of Mar 25, the value is 32.38. This value is within the healthy range. It has increased from 28.32 (Mar 24) to 32.38, marking an increase of 4.06.
- For Return On Assets (%), as of Mar 25, the value is 13.76. This value is within the healthy range. It has increased from 13.38 (Mar 24) to 13.76, marking an increase of 0.38.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. It has decreased from 0.03 (Mar 24) to 0.01, marking a decrease of 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.24. This value is within the healthy range. It has increased from 0.21 (Mar 24) to 0.24, marking an increase of 0.03.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.32. It has decreased from 1.42 (Mar 24) to 1.32, marking a decrease of 0.10.
- For Current Ratio (X), as of Mar 25, the value is 1.98. This value is within the healthy range. It has decreased from 2.24 (Mar 24) to 1.98, marking a decrease of 0.26.
- For Quick Ratio (X), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 1. It has decreased from 0.86 (Mar 24) to 0.74, marking a decrease of 0.12.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.79. This value is below the healthy minimum of 4. It has increased from 1.59 (Mar 24) to 2.79, marking an increase of 1.20.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 40.15. This value is within the healthy range. It has decreased from 89.59 (Mar 24) to 40.15, marking a decrease of 49.44.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 32.36. This value is within the healthy range. It has decreased from 69.99 (Mar 24) to 32.36, marking a decrease of 37.63.
- For Earning Retention Ratio (%), as of Mar 25, the value is 59.85. This value is within the healthy range. It has increased from 10.41 (Mar 24) to 59.85, marking an increase of 49.44.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 67.64. This value is within the healthy range. It has increased from 30.01 (Mar 24) to 67.64, marking an increase of 37.63.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 25.52. This value is within the healthy range. It has increased from 21.54 (Mar 24) to 25.52, marking an increase of 3.98.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 16.29. This value is within the healthy range. It has increased from 13.70 (Mar 24) to 16.29, marking an increase of 2.59.
- For Enterprise Value (Cr.), as of Mar 25, the value is 5,131.35. It has increased from 4,411.67 (Mar 24) to 5,131.35, marking an increase of 719.68.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.60. This value is within the healthy range. It has increased from 1.59 (Mar 24) to 1.60, marking an increase of 0.01.
- For EV / EBITDA (X), as of Mar 25, the value is 7.84. This value is within the healthy range. It has decreased from 9.59 (Mar 24) to 7.84, marking a decrease of 1.75.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.54. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.54.
- For Retention Ratios (%), as of Mar 25, the value is 59.84. This value is within the healthy range. It has increased from 10.40 (Mar 24) to 59.84, marking an increase of 49.44.
- For Price / BV (X), as of Mar 25, the value is 3.79. This value exceeds the healthy maximum of 3. It has decreased from 4.05 (Mar 24) to 3.79, marking a decrease of 0.26.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.54. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.54.
- For EarningsYield, as of Mar 25, the value is 0.07. This value is below the healthy minimum of 5. It has increased from 0.06 (Mar 24) to 0.07, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Banco Products (India) Ltd:
- Net Profit Margin: 12.19%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 32.38% (Industry Average ROCE: 16.53%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 30.08% (Industry Average ROE: 14.3%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 16.29
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.74
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 27.3 (Industry average Stock P/E: 57.99)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.24
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 12.19%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Auto Ancl - Engine Parts | Bil, Near Bhaili Railway Station, Vadodra District Gujarat 391410 | investor@bancoindia.com http://www.bancoindia.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Mehul K Patel | Chairman |
| Mr. Venkata Ranganath Kumar Sami | Whole Time Director |
| Mr. Sharan M Patel | Whole Time Director |
| Mr. Shivam M Patel | Non Executive Director |
| Ms. Ameeta V Manohar | Independent Director |
| Mr. Tarak A Patel | Independent Director |
| Mr. Anand A Majmudar | Independent Director |
| Mr. Pranav R Patel | Independent Director |
FAQ
What is the intrinsic value of Banco Products (India) Ltd?
Banco Products (India) Ltd's intrinsic value (as of 04 November 2025) is 648.92 which is 21.25% lower the current market price of 824.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 11,788 Cr. market cap, FY2025-2026 high/low of 880/293, reserves of ₹1,274 Cr, and liabilities of 2,744 Cr.
What is the Market Cap of Banco Products (India) Ltd?
The Market Cap of Banco Products (India) Ltd is 11,788 Cr..
What is the current Stock Price of Banco Products (India) Ltd as on 04 November 2025?
The current stock price of Banco Products (India) Ltd as on 04 November 2025 is 824.
What is the High / Low of Banco Products (India) Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Banco Products (India) Ltd stocks is 880/293.
What is the Stock P/E of Banco Products (India) Ltd?
The Stock P/E of Banco Products (India) Ltd is 27.3.
What is the Book Value of Banco Products (India) Ltd?
The Book Value of Banco Products (India) Ltd is 91.1.
What is the Dividend Yield of Banco Products (India) Ltd?
The Dividend Yield of Banco Products (India) Ltd is 1.29 %.
What is the ROCE of Banco Products (India) Ltd?
The ROCE of Banco Products (India) Ltd is 32.4 %.
What is the ROE of Banco Products (India) Ltd?
The ROE of Banco Products (India) Ltd is 32.2 %.
What is the Face Value of Banco Products (India) Ltd?
The Face Value of Banco Products (India) Ltd is 2.00.
