Banco Products (I) Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 31.2%)
- ✓Efficient capital deployment (ROCE 30.9%)
- ✓Attractively valued vs sector (P/E 20.3x vs industry 43.6x)
- ✓Low debt relative to equity (D/E 0.4x)
- ✓Regular dividends — yield 2.3%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| MARUTI Maruti Suzuki India Limited | ₹13,545 | ₹4.3L Cr | 29.6 | 3.97 | 14.4 | 19 | 0 |
| M&M Mahindra & Mahindra Limited | ₹3,173 | ₹4.0L Cr | 22.9 | 4.24 | 20.3 | 15.1 | 1.53 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹11,019 | ₹2.9L Cr | 26.6 | 7.93 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,622 | ₹2.1L Cr | 37.4 | 8.33 | 24 | 30.5 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹3,917 | ₹1.7L Cr | 56.6 | 19.49 | 33.6 | 17.4 | 3.89 |
| HYUNDAI Hyundai Motor India Limited | ₹1,949 | ₹1.6L Cr | 29.8 | 7.92 | 29.9 | 38.4 | 0.05 |
| MOTHERSON Samvardhana Motherson International Limited | ₹144 | ₹1.5L Cr | 35.7 | 3.7 | 11.2 | 13.4 | 0.53 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BANCOINDIA · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 67.88% | 67.88% | 67.88% | 67.88% | 67.88% | 67.88% |
| FII | 2.35% | 3.00% | 3.21% | 3.08% | 3.76% | 3.88% |
| DII | 0.08% | 0.13% | 0.14% | 0.18% | 0.21% | 0.17% |
| Public | 29.69% | 28.97% | 28.77% | 28.86% | 28.15% | 28.07% |
Corporate Events
Interim Dividend - Rs 8 Per Share
Record: 18 Mar 2026
Interim Dividend - Rs 7 Per Share
Interim Dividend - Rs 11 Per Share
Bonus 1:1
Annual General Meeting
Interim Dividend - Rs 20 Per Share
Annual General Meeting/Dividend - Rs 14 Per Share
Latest News
All news →Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.1K Cr ▲39.3% | ₹789 Cr ▼24.0% | ₹1.0K Cr ▲7.0% | ₹970 Cr ▲10.9% | ₹875 Cr ▲36.9% | ₹639 Cr ▼28.6% | ₹895 Cr ▲11.3% | ₹804 Cr |
| Op. Profit | ₹225 Cr ▲80.0% | ₹125 Cr ▼16.1% | ₹149 Cr ▼18.1% | ₹182 Cr ▼15.0% | ₹214 Cr ▲269.0% | ₹58 Cr ▼71.8% | ₹206 Cr ▲54.9% | ₹133 Cr |
| OPM | 20.0% ▲25.0% | 16.0% ▲14.3% | 14.0% ▼26.3% | 19.0% ▼20.8% | 24.0% ▲166.7% | 9.0% ▼60.9% | 23.0% ▲35.3% | 17.0% |
| Net Profit | ₹147 Cr ▲70.9% | ₹86 Cr ▼38.1% | ₹139 Cr ▲26.4% | ₹110 Cr ▼28.6% | ₹154 Cr ▲396.8% | ₹31 Cr ▼77.7% | ₹139 Cr ▲101.4% | ₹69 Cr |
| EPS (₹) | 10.31 ▲71.8% | 6 ▼38.2% | 9.71 ▲26.8% | 7.66 ▼28.6% | 10.73 ▲396.8% | 2.16 ▼77.7% | 9.7 ▲102.1% | 4.8 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.9K Cr ▲21.3% | ₹3.2K Cr ▲16.1% | ₹2.8K Cr ▲18.7% | ₹2.3K Cr ▲19.1% | ₹2.0K Cr ▲27.7% | ₹1.5K Cr ▲7.8% | ₹1.4K Cr ▼9.3% | ₹1.6K Cr ▲17.3% | ₹1.3K Cr ▲7.8% | ₹1.2K Cr |
| Expenses | ₹3.2K Cr ▲23.6% | ₹2.6K Cr ▲11.2% | ₹2.3K Cr ▲19.0% | ₹2.0K Cr ▲16.6% | ₹1.7K Cr ▲24.5% | ₹1.4K Cr ▲4.2% | ₹1.3K Cr ▼7.5% | ₹1.4K Cr ▲21.4% | ₹1.2K Cr ▲5.6% | ₹1.1K Cr |
| Op. Profit | ₹681 Cr ▲11.5% | ₹611 Cr ▲42.8% | ₹428 Cr ▲16.9% | ₹366 Cr ▲34.6% | ₹272 Cr ▲52.8% | ₹178 Cr ▲45.9% | ₹122 Cr ▼24.2% | ₹161 Cr ▼10.1% | ₹179 Cr ▲24.3% | ₹144 Cr |
| OPM | 17.0% ▼10.5% | 19.0% ▲26.7% | 15.0% ▼6.3% | 16.0% ▲14.3% | 14.0% ▲16.7% | 12.0% ▲33.3% | 9.0% ▼10.0% | 10.0% ▼23.1% | 13.0% ▲8.3% | 12.0% |
| Other Income | ₹120 Cr ▲179.1% | ₹43 Cr ▲34.4% | ₹32 Cr ▲128.6% | ₹14 Cr ▲180.0% | ₹5 Cr ▼44.4% | ₹9 Cr ▼64.0% | ₹25 Cr ▲150.0% | ₹10 Cr ▼44.4% | ₹18 Cr ▼43.8% | ₹32 Cr |
| Interest | ₹23 Cr ▼11.5% | ₹26 Cr ▲23.8% | ₹21 Cr ▲61.5% | ₹13 Cr ▲160.0% | ₹5 Cr ▲25.0% | ₹4 Cr ▲33.3% | ₹3 Cr ▼25.0% | ₹4 Cr ▲100.0% | ₹2 Cr ▲0.0% | ₹2 Cr |
| Depreciation | ₹135 Cr ▲43.6% | ₹94 Cr ▲23.7% | ₹76 Cr ▲35.7% | ₹56 Cr ▲16.7% | ₹48 Cr ▲41.2% | ₹34 Cr ▲3.0% | ₹33 Cr ▲13.8% | ₹29 Cr ▲3.6% | ₹28 Cr ▼15.2% | ₹33 Cr |
| PBT | ₹644 Cr ▲20.6% | ₹534 Cr ▲47.1% | ₹363 Cr ▲16.7% | ₹311 Cr ▲38.8% | ₹224 Cr ▲49.3% | ₹150 Cr ▲35.1% | ₹111 Cr ▼19.6% | ₹138 Cr ▼17.4% | ₹167 Cr ▲18.4% | ₹141 Cr |
| Tax % | 25.0% ▼7.4% | 27.0% ▲8.0% | 25.0% ▲4.2% | 24.0% ▼25.0% | 32.0% ▲33.3% | 24.0% ▼22.6% | 31.0% ▼38.0% | 50.0% ▲66.7% | 30.0% ▼3.2% | 31.0% |
| Net Profit | ₹482 Cr ▲23.0% | ₹392 Cr ▲44.6% | ₹271 Cr ▲14.8% | ₹236 Cr ▲55.3% | ₹152 Cr ▲33.3% | ₹114 Cr ▲48.1% | ₹77 Cr ▲11.6% | ₹69 Cr ▼41.0% | ₹117 Cr ▲20.6% | ₹97 Cr |
| EPS (₹) | 33.68 ▲23.0% | 27.39 ▲44.3% | 18.98 ▲15.2% | 16.47 ▲54.5% | 10.66 ▲34.1% | 7.95 ▲48.3% | 5.36 ▲11.0% | 4.83 ▼40.9% | 8.17 ▲20.1% | 6.8 |
| Div Payout | 0.0% ▼100.0% | 40.0% ▼24.5% | 53.0% ▼20.9% | 67.0% ▼28.7% | 94.0% ▲623.1% | 13.0% ▼93.0% | 187.0% ▲125.3% | 83.0% ▲36.1% | 61.0% ▼7.6% | 66.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹29 Cr ▲0.0% | ₹29 Cr ▲107.1% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr |
| Reserves | ₹1.7K Cr ▲30.0% | ₹1.3K Cr ▲22.9% | ₹1.0K Cr ▲5.1% | ₹987 Cr ▲2.1% | ₹967 Cr ▲18.8% | ₹814 Cr ▲17.0% | ₹696 Cr ▼14.9% | ₹818 Cr ▲3.2% | ₹793 Cr ▲12.5% | ₹705 Cr |
| Borrowings | ₹614 Cr ▲7.2% | ₹573 Cr ▲35.5% | ₹423 Cr ▲1.2% | ₹418 Cr ▲263.5% | ₹115 Cr ▲721.4% | ₹14 Cr ▼84.8% | ₹92 Cr ▲130.0% | ₹40 Cr ▲17.6% | ₹34 Cr ▼10.5% | ₹38 Cr |
| Other Liabilities | ₹760 Cr ▼12.4% | ₹868 Cr ▲70.9% | ₹508 Cr ▲16.8% | ₹435 Cr ▲7.4% | ₹405 Cr ▲17.7% | ₹344 Cr ▲19.9% | ₹287 Cr ▼10.9% | ₹322 Cr ▼9.6% | ₹356 Cr ▲68.7% | ₹211 Cr |
| Total Liabilities | ₹3.1K Cr ▲11.4% | ₹2.7K Cr ▲38.4% | ₹2.0K Cr ▲6.8% | ₹1.9K Cr ▲23.5% | ₹1.5K Cr ▲26.5% | ₹1.2K Cr ▲9.0% | ₹1.1K Cr ▼8.9% | ₹1.2K Cr ▼0.2% | ₹1.2K Cr ▲23.5% | ₹969 Cr |
| Assets | ||||||||||
| Fixed Assets | ₹472 Cr ▼8.5% | ₹516 Cr ▲13.7% | ₹454 Cr ▲26.5% | ₹359 Cr ▲20.9% | ₹297 Cr ▲56.3% | ₹190 Cr ▼1.6% | ₹193 Cr ▲4.9% | ₹184 Cr ▼3.7% | ₹191 Cr ▼0.5% | ₹192 Cr |
| CWIP | ₹11 Cr ▲120.0% | ₹5 Cr ▼50.0% | ₹10 Cr ▼44.4% | ₹18 Cr ▲20.0% | ₹15 Cr ▲1400.0% | ₹1 Cr ▼66.7% | ₹3 Cr ▼76.9% | ₹13 Cr ▲0.0% | ₹13 Cr ▲225.0% | ₹4 Cr |
| Investments | ₹79 Cr ▲107.9% | ₹38 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▼88.9% | ₹9 Cr ▼87.0% | ₹69 Cr ▲187.5% | ₹24 Cr ▼73.6% | ₹91 Cr |
| Other Assets | ₹2.5K Cr ▲14.2% | ₹2.2K Cr ▲43.9% | ₹1.5K Cr ▲2.8% | ₹1.5K Cr ▲24.1% | ₹1.2K Cr ▲19.6% | ₹995 Cr ▲12.7% | ₹883 Cr ▼5.0% | ₹929 Cr ▼4.1% | ₹969 Cr ▲42.1% | ₹682 Cr |
| Total Assets | ₹3.1K Cr ▲11.4% | ₹2.7K Cr ▲38.4% | ₹2.0K Cr ▲6.8% | ₹1.9K Cr ▲23.5% | ₹1.5K Cr ▲26.5% | ₹1.2K Cr ▲9.0% | ₹1.1K Cr ▼8.9% | ₹1.2K Cr ▼0.2% | ₹1.2K Cr ▲23.5% | ₹969 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹380 Cr ▲131.7% | ₹164 Cr ▼64.2% | ₹458 Cr ▲1217.1% | ₹-41 Cr ▼171.9% | ₹57 Cr ▼63.7% | ₹157 Cr ▲201.9% | ₹52 Cr ▼16.1% | ₹62 Cr ▼37.4% | ₹99 Cr ▲10.0% | ₹90 Cr |
| Investing CF | ₹-175 Cr ▼139.7% | ₹-73 Cr ▲36.0% | ₹-114 Cr ▼395.7% | ₹-23 Cr ▲77.9% | ₹-104 Cr ▼76.3% | ₹-59 Cr ▼139.6% | ₹149 Cr ▲386.5% | ₹-52 Cr ▼136.4% | ₹-22 Cr ▲62.7% | ₹-59 Cr |
| Financing CF | ₹-189 Cr ▼112.4% | ₹-89 Cr ▲73.7% | ₹-339 Cr ▼674.6% | ₹59 Cr ▲636.4% | ₹-11 Cr ▲85.9% | ₹-78 Cr ▲49.0% | ₹-153 Cr ▼212.2% | ₹-49 Cr ▲27.9% | ₹-68 Cr ▼11.5% | ₹-61 Cr |
| Net Cash Flow | ₹16 Cr ▲433.3% | ₹3 Cr ▼40.0% | ₹5 Cr ▲183.3% | ₹-6 Cr ▲89.7% | ₹-58 Cr ▼390.0% | ₹20 Cr ▼59.2% | ₹49 Cr ▲225.6% | ₹-39 Cr ▼533.3% | ₹9 Cr ▲130.0% | ₹-30 Cr |
| Free Cash Flow | ₹267 Cr ▲210.5% | ₹86 Cr ▼76.3% | ₹363 Cr ▲368.9% | ₹-135 Cr ▼800.0% | ₹-15 Cr ▼112.0% | ₹125 Cr ▲380.8% | ₹26 Cr ▲23.8% | ₹21 Cr ▼57.1% | ₹49 Cr ▼44.9% | ₹89 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69d ▲0.0% | 69d ▲9.5% | 63d ▼3.1% | 65d ▲8.3% | 60d ▼6.3% | 64d ▼14.7% | 75d ▲19.0% | 63d ▼10.0% | 70d ▲16.7% | 60d |
| Inventory Days | 263d ▼9.0% | 289d ▲37.6% | 210d ▼22.5% | 271d ▲20.4% | 225d ▼3.8% | 234d ▲10.4% | 212d ▲11.0% | 191d ▼12.0% | 217d ▲26.9% | 171d |
| Days Payable | 100d ▼21.9% | 128d ▲42.2% | 90d ▼5.3% | 95d ▲0.0% | 95d ▼19.5% | 118d ▲19.2% | 99d ▼2.9% | 102d ▲13.3% | 90d ▲76.5% | 51d |
| Cash Conv. Cycle | 232d ▲0.4% | 231d ▲26.2% | 183d ▼24.1% | 241d ▲26.2% | 191d ▲6.1% | 180d ▼4.3% | 188d ▲23.7% | 152d ▼22.8% | 197d ▲9.4% | 180d |
| Working Capital Days | 125d ▲17.9% | 106d ▲3.9% | 102d ▼17.1% | 123d ▼7.5% | 133d ▲0.8% | 132d ▲10.0% | 120d ▲8.1% | 111d ▲2.8% | 108d ▲2.9% | 105d |
| ROCE | 31.0% ▼3.1% | 32.0% ▲18.5% | 27.0% ▲3.8% | 26.0% ▲8.3% | 24.0% ▲26.3% | 19.0% ▲46.2% | 13.0% ▼23.5% | 17.0% ▼19.0% | 21.0% ▲23.5% | 17.0% |
Source: Screener.in · Lower days = better efficiency
About Banco Products (I) Limited
Banco Products (India) Ltd manufactures and supplies engine cooling modules and systems for automotive and industrial applications in both the domestic and international markets. It was Incorporated in 1961, promoted by Mr. Mehul K. Patel who has more than 40 years of experience in the automotive industry [1]
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