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Banco Products (India) Ltd

(BANCOINDIA)

₹998.45.17%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Banco Products (India) Ltd Performance

  • Day's Low

    Day's High

    ₹991.05
    Day's Price Range
    ₹1,053.6
  • 52 Week's Low

    52 Week's High

    ₹512
    52-Week Price Range
    ₹1,188.85
1 Month Return+ 2.57 %
3 Month Return+ 55.51 %
1 Year Return+ 80.55 %
Previous Close₹1,052.80
Open₹1,042.35
Volume1.19L
Upper Circuit-
Lower Circuit-
Market Cap₹7,715.43Cr

Banco Products (India) Ltd Key Statistics

P/E Ratio21.9
PEG Ratio2.63
Market Cap₹7,715.43 Cr
P/B Ratio5.73
EPS37.95
Dividend Yield3.36
SectorAuto Ancillaries
ROE34.68

Banco Products (India) Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹7,715.43 Cr202.7%0.51₹271 Cr₹2,768 Cr
BUY₹3,962.84 Cr22.1%0.58₹205 Cr₹2,426 Cr
NA₹941.99 Cr90.99%0.74NANA
BUY₹7,269.82 Cr63.27%0.51₹178 Cr₹3,402 Cr
NA₹270.80 Cr-6.81%0.80₹4 Cr₹40 Cr

About Banco Products (India) Ltd

Banco Products India Ltd has been in the automotive industry for over four decades providing the industry with high quality engine cooling components and engine sealing gaskets. It provides 12000 varieties of gaskets and radiators that have various applications among different industries, from automobiles to oil engines. With four state of the art manufacturing plants in Baroda, Vadodara, and Mumbai, the company supplies to original equipment manufacturers such as Telco, Ashok Leyland, Mahindra, Premier Automobiles, Hindustan Motors, Maruti Udyog, and exports to the US, UK, Australia, and Germany. Established in 1961, Banco Products India Ltd has increased its radiator capacity from 80000 Nos to 762000 Nos, and has obtained TS 16949 certification. It has also acquired NEDERLANDSE RADIATEURN FABRIEK B.V. in 2010 in the Netherlands and Wholly Owned Subsidiary in 2011, with Lake Minerals Mauritius as its main investment in the same year. It has won various awards in 2013 such as Best Supplier Award and Excellent ACE Support Award, as well as commenced production of Radiators at its manufacturing facilities in 2012, and started a manufacturing unit in Rudrapur that same year.

Share Price: ₹998.40 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹7,715.43Cr as of today
Revenue: ₹888.81Cr as on September 2024 (Q3 24)
Net Profit: ₹138.70Cr as on September 2024 (Q3 24)
Listing date: 04 Oct, 1995
Chairperson Name: Mehul K Patel
OrganisationBanco Products (India) Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Banco Products (India) Ltd

  • Banco Products Reports Mixed Q2 FY25 Results - 26 Nov, 2024

    Banco Products (India) Ltd reported an 8.4% decline in revenue to Rs. 1,176 crores in Q2 FY25, but net profit surged 700% to Rs. 24 crores. The stock is undervalued with a P/E ratio of 18.1 compared to the industry average of 29.2, and has delivered positive returns of 3.5% over the past year.
  • Banco Products Reports Strong Q3 Growth - 21 Nov, 2024

    Banco Products (India) Ltd reported a 16.81% increase in net sales to Rs 282.50 crore for September 2024, with net profit rising 23.3% to Rs 37.94 crore. EBITDA also grew by 21.34%. The company's EPS increased to Rs 5.30 from Rs 4.30 year-on-year. Shares closed at Rs 1,054.00, reflecting significant returns of 74.92% over six months and 80.71% over twelve months.
  • Banco Products Announces Bonus Shares and Strong Q2 Results - 20 Nov, 2024

    Banco Products (India) Ltd announced a 1:1 bonus share issue alongside impressive Q2 results, with net profit quadrupling to Rs 138.70 crore and gross sales rising 23.8% year-on-year.
  • Banco Products Hits All-Time High Amid Bullish Trend - 19 Nov, 2024

    Banco Products (India) Ltd has reached an all-time high, continuing its upward trajectory. The breakout from previous resistance levels, coupled with increased trading volume, indicates strong buying interest from both institutional and retail investors, affirming the bullish trend.
  • Banco Products Announces Bonus Shares, Reports Strong Q2 Growth - 14 Nov, 2024

    Banco Products (India) Ltd. has announced a 1:1 bonus share issue, marking its first in 17 years. The company reported a 110% YoY increase in net profit for Q2 FY25, driving significant stock price gains. Overall, the stock has surged over 30% this year, reflecting strong financial performance and investor confidence.
  • Banco Products Stock Rises Ahead of Bonus Shares Announcement - 30 Oct, 2024

    Banco Products (India) Ltd shares surged 4.3% as the board prepares to discuss bonus shares after 17 years. The stock has shown impressive growth, up 60% from its 52-week low and delivering 280% returns over two years.

Insights on Banco Products (India) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 68.16 Cr → 138.7 Cr (in ₹), with an average increase of 25.6% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 582.48 Cr → 911.79 Cr (in ₹), with an average increase of 13.8% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.07% to 0.11% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, BANCOINDIA has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, BANCOINDIA stock has moved up by 58.8%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, BANCOINDIA has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 28.77% to 28.85% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 67.88% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 3.21% to 3.08% in Sep 2024 quarter

Banco Products (India) Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹717.91Cr (-)₹565.44Cr (↓21.24%)₹717.40Cr (↑26.87%)₹797.32Cr (↑11.14%)₹888.81Cr (↑11.47%)
Net Income₹66.11Cr (-)₹68.32Cr (↑3.34%)₹68.16Cr (↓0.23%)₹68.67Cr (↑0.75%)₹138.70Cr (↑101.98%)
Net Profit Margin9.21% (-)12.08% (↑31.16%)9.50% (↓21.36%)8.61% (↓9.37%)15.61% (↑81.30%)
Value in ₹ crore
Details2021202220232024
Total Assets₹736.13Cr (-)₹788.17Cr (↑7.07%)₹843.58Cr (↑7.03%)₹855.11Cr (↑1.37%)
Total Liabilities₹120.93Cr (-)₹102.74Cr (↓15.04%)₹112.87Cr (↑9.86%)₹112.88Cr (↑0.01%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹59.05Cr (-)₹59.31Cr (↑0.44%)₹1.36Cr (↓97.71%)₹68.04Cr (↑4,902.94%)₹154.15Cr (↑126.56%)

Index Inclusions

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Banco Products (India) Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
67.88%
0.00
Foreign Institutions
3.08%
-3.94
Mutual Funds
0.11%
62.93
Retail Investors
28.85%
0.29
Others
0.07%
0.14

Banco Products (India) Ltd Key Indicators

Details20202021202220232024
Return On Equity %11.6113.9313.1834.7134.68
Details20202021202220232024
Return On Assets %12.515.4519.3427.9331.74
Details20202021202220232024
Book Value Per Share (₹)99.2115.76137.19139.96146.95
Details20202021202220232024
Earning Per Share (₹)10.7115.921.3132.9437.95

Banco Products (India) Ltd Valuation

Banco Products (India) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.70x)

May 13, 2022

Today (21.90x)

December 19, 2024

Industry (51.66x)

December 19, 2024

Highest (24.07x)

November 29, 2024

LowHigh

Banco Products (India) Ltd Earnings and Dividends

  • Banco Products (India) Ltd Earnings Results

    Banco Products (India) Ltd’s net profit jumped 109.8% since last year same period to ₹138.70Cr in the Q2 2024-2025. On a quarterly growth basis, Banco Products (India) Ltd has generated 101.98% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Banco Products (India) Ltd Dividends February,2024

    In the quarter ending December 2023, Banco Products (India) Ltd has declared dividend of ₹20 - translating a dividend yield of 4.21%.

    Read More about Dividends

Banco Products (India) Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Banco Products (India) Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Banco Products (India) Ltd

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Banco Products (India) Ltd (BANCOINDIA) share price today is ₹998.4

Banco Products (India) Ltd is listed on NSE

Banco Products (India) Ltd is listed on BSE

  • Today’s highest price of Banco Products (India) Ltd is ₹1053.6.
  • Today’s lowest price of Banco Products (India) Ltd is ₹991.05.

PE Ratio of Banco Products (India) Ltd is 21.9

PE ratio = Banco Products (India) Ltd Market price per share / Banco Products (India) Ltd Earnings per share

Today’s traded volume of Banco Products (India) Ltd(BANCOINDIA) is 1.19L.

Today’s market capitalisation of Banco Products (India) Ltd(BANCOINDIA) is ₹7715.43Cr.

Banco Products (India) Ltd(BANCOINDIAPrice
52 Week High
₹1188.85
52 Week Low
₹512

Banco Products (India) Ltd(BANCOINDIA) share price is ₹998.4. It is down -16.02% from its 52 Week High price of ₹1188.85

Banco Products (India) Ltd(BANCOINDIA) share price is ₹998.4. It is up 95.00% from its 52 Week Low price of ₹512

Banco Products (India) Ltd(BANCOINDIAReturns
1 Day Returns
-54.4%
1 Month Returns
2.57%
3 Month Returns
55.51%
1 Year Returns
80.55%