1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Banco Products (India) Limited

Banco Products (India) Limited

558.40
INR
-24.40
(-4.19%)
34.37EPS
19.50P/E
95.89BMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
79.98
77.71
84.19
85.1
107.5
107.45
97.94
105.68
134.71
160.84
191.71
222.83
270.38
283.43
Basic EPS, GAAP
6.28
6.13
6.28
6.8
4.83
4.83
5.35
7.95
10.66
16.47
18.97
27.39
33.68
34.37
Free Cash Flow per Basic Share
5.83
4.23
3.19
5.47
3.41
1.46
1.22
8.72
-1.24
-11.67
25.37
7
16.86
- -
Dividend per Share
1.75
0.4
1.25
4.5
4.1
5.4
11.5
- -
1
14
17
11
15
- -
Book Value per Share
41.16
43.33
49.16
50.3
56.47
58.21
49.64
57.92
68.63
70.02
73.51
91.08
117.75
- -
Tangible Book Value per Share
40.86
43.12
48.99
50.17
56.37
58.16
48.73
57.05
67.93
69.42
73.29
90.88
117.28
- -
Basic Weighted Avg Shares
143
143
143
143
143
143
143
143
143
143
143
143
143
144
Sales/Revenue/Turnover
11,440
11,116
12,043
12,173
15,377
15,369
14,010
15,117
19,269
23,005
27,421
31,872
38,674
40,777
Operating Margin (%)
11.58
6.15
9.28
9.06
10.05
10.04
6.96
10.09
11.64
13.44
12.85
16.22
14.2
13.91
Depreciation Expense
324
338
347
333
328
334
328
337
479
563
760
943
1,345
1,452
Net Income, GAAP
898
877
899
972
691
691
766
1,137
1,524
2,356
2,714
3,918
4,817
4,945
Effective Tax Rate (%)
26.2
22.32
24.76
30.97
45.37
45.37
31.3
24.1
31.88
24.21
25.17
26.66
25.22
24.9
Profit Margin (%)
7.85
7.89
7.46
7.99
4.49
4.49
5.47
7.52
7.91
10.24
9.9
12.29
12.45
12.13
Working Capital
2,445
3,819
4,773
5,186
6,034
6,550
5,395
6,769
7,951
8,053
8,345
10,924
14,119
- -
LT Debt
283
78
- -
- -
11
62
62
59
836
1,471
2,013
2,361
1,605
- -
Total Equity
5,887
6,198
7,032
7,195
8,077
8,327
7,100
8,284
9,817
10,015
10,515
13,028
16,843
- -
Return on Invested Capital (%)
13.45
7.55
12.1
11.79
10.53
9.87
8.48
14.16
15.9
18.68
17.97
23.46
22.17
- -
Return on Capital (%)
13.6
12.93
13.01
13.06
8.85
8.26
9.28
14.04
15.94
19.28
19.79
24.44
23.89
- -
Return on Common Equity (%)
16.93
14.51
13.59
13.66
9.05
8.42
9.93
14.78
16.84
23.76
26.44
33.28
32.25
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
4,533
- -
LT Borrowings
- -
220
- -
LT Finance Leases
- -
1,385
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
143
143
143
Market Capitalization
98,531
72,141
95,885

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
25,431
- -
Cash, Cash Equivalents & STI
- -
1,405
- -
Accounts Receivable, Net
- -
7,380
- -
Inventories
- -
14,983
- -
Total Current Liabilities
- -
11,312
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,533
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.83%
15.74%
29.28%
Free Cash Flow
105.27%
95.3%
140.86%
Net Income, GAAP
- -
34.22%
22.94%
Sales/Revenue/Turnover
13%
20.73%
21.34%
Total Cash Common Dividend
- -
- -
36.36%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
7,973
8,888
6,327
8,684
31,872
2026
9,631
10,314
7,818
10,911
38,674
2027
11,734
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.8
9.7
2.16
10.73
27.39
2026
7.66
9.71
6
10.07
33.68
2027
8.56
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
11
2026
- -
- -
- -
- -
15
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Preeti Yadav
Full Time Employees
3,604
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Bil, Near Bhaili Railway Station Vadodara GU India 391410
IPO Date
Sep 11, 1995
Website
bancoindia.com
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Business
Banco Products (India) Limited manufactures and supplies engine cooling systems and sealing solutions for automotive, off-highway, and industrial applications; its core products include radiators, charge air coolers, oil coolers for transmission and hydraulic systems, fuel coolers, battery coolers, and inverter coolers in aluminum and copper/brass configurations, along with accessories such as expansion tanks, fan motor assemblies, fan shrouds, guards, and mounting and plumbing components; engine sealing systems encompass cylinder head and peripheral gaskets, heat shields, and industrial gaskets using materials like multi-layered steel, graphite composites, steel fiber composites, compressed fiber sheets, rubber cork, rubber pre-coated beaded, edge molded, and copper gaskets. The company serves original equipment manufacturers, aftermarket distributors, and export markets across passenger cars, two/three-wheelers, utility vehicles, light/medium/heavy commercial vehicles, agricultural tractors, farm and forestry equipment, construction and material handling machinery, industrial power generation, stationary and mobile compressors, railway traction locomotives, transformer coolers, and renewable energy sectors including wind and solar. Founded in 1961 and headquartered in Vadodara, Gujarat, India, with manufacturing plants in Bhaili, Waghodia, and Ankhi, the company operates through subsidiaries such as Banco Gaskets (India) Ltd. and the wholly owned Nederlandse Radiateuren Fabriek B.V. (NRF) in Europe, maintaining a global footprint with exports to multiple continents and distribution networks in Europe and the USA. Recent developments include NRF's expansion with a new 18,613 square meter warehouse in Chitila, Romania, following a 12,700 square meter facility in Valencia, Spain, to boost efficiency and meet rising demand, as well as a February 2025 letter of intent to acquire the coating and plating business of Padra Coating Works LLP for INR 2.52 million to enhance operational capabilities. Banco Products holds Star Export House status from the Indian Ministry of Commerce and Trade, with its R&D center in Vadodara recognized by the Department of Science and Industrial Research, and all plants certified to ISO 9001 and ISO 14001 standards.