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Banco Products

  • Market Cap: Small Cap
  • Industry: Auto Ancillary
  • ISIN: INE213C01025
  • NSEID: BANCOINDIA
  • BSEID: 500039
INR
335.05
11.85 (3.67%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 82.47 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

82.47 k (-11.43%) Volume

Shareholding (Dec 2024)

FII

3.94%

Held by 87 FIIs

DII

0.23%

Held by 1 DIIs

Promoter

67.88%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

The company has declared negative results in Dec'2024 after 1 consecutive positive quarters

  • PBT LESS OI(Q) At Rs 33.66 cr has Fallen at -69.0% (vs previous 4Q average)
  • PAT(Q) At Rs 30.93 cr has Fallen at -64.0% (vs previous 4Q average)
  • NET SALES(Q) At Rs 639.06 cr has Fallen at -14.6% (vs previous 4Q average)
2

Stock is technically in a Bearish range

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 4,792 Cr (Small Cap)

stock-summary
P/E

15.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

3.40%

stock-summary
Debt Equity

0.27

stock-summary
Return on Equity

27.00%

stock-summary
Price to Book

3.63

Revenue and Profits (1 Year):
Net Sales:
639 Cr
(Quarterly Results - Dec 2024)
Net Profit:
31 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (3.4%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-5.88%
1.69%
-4.19%
1 Year
8.24%
1.75%
9.99%
2 Years
194.16%
17.69%
211.85%
3 Years
356.63%
60.08%
416.71%
4 Years
358.34%
50.35%
408.69%
5 Years
894.21%
123.15%
1017.36%

Latest dividend: 11 per share ex-dividend date: Feb-14-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
16.19%
EBIT Growth (5y)
34.01%
EBIT to Interest (avg)
33.17
Debt to EBITDA (avg)
0.72
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.77
Tax Ratio
28.75%
Dividend Payout Ratio
52.70%
Pledged Shares
0
Institutional Holding
4.17%
ROCE (avg)
21.76%
ROE (avg)
19.49%
Valuation key factors
Factor
Value
P/E Ratio
15
Industry P/E
28
Price to Book Value
3.63
EV to EBIT
11.71
EV to EBITDA
9.71
EV to Capital Employed
3.08
EV to Sales
1.62
PEG Ratio
0.73
Dividend Yield
3.40%
ROCE (Latest)
28.37%
ROE (Latest)
27.00%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 6 Schemes (0.12%)

FIIs

Held by 87 FIIs (3.94%)

Promoter with highest holding

Mehul Kanubhai Patel (55.57%)

Highest Public shareholder

None

Individual Investors Holdings

18.1%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -28.59% vs 11.33% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -77.70% vs 101.98% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "639.06",
          "val2": "894.93",
          "chgp": "-28.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "58.33",
          "val2": "205.72",
          "chgp": "-71.65%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.68",
          "val2": "6.03",
          "chgp": "-22.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "30.93",
          "val2": "138.70",
          "chgp": "-77.70%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.22%",
          "val2": "23.15%",
          "chgp": "-13.93%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 15.26% vs 21.47% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 53.70% vs 56.30% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,698.81",
          "val2": "1,473.92",
          "chgp": "15.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "338.55",
          "val2": "219.20",
          "chgp": "54.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "13.06",
          "val2": "11.05",
          "chgp": "18.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "207.37",
          "val2": "134.92",
          "chgp": "53.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.08%",
          "val2": "15.02%",
          "chgp": "5.06%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 14.35% vs 18.70% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 17.25% vs 10.13% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,337.87",
          "val2": "2,044.56",
          "chgp": "14.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "396.88",
          "val2": "308.27",
          "chgp": "28.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "17.74",
          "val2": "14.79",
          "chgp": "19.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "238.30",
          "val2": "203.24",
          "chgp": "17.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.98%",
          "val2": "15.08%",
          "chgp": "1.90%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 18.72% vs 19.10% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 15.21% vs 54.56% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,768.43",
          "val2": "2,331.82",
          "chgp": "18.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "422.32",
          "val2": "364.08",
          "chgp": "16.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "21.36",
          "val2": "12.58",
          "chgp": "69.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "271.40",
          "val2": "235.58",
          "chgp": "15.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.40%",
          "val2": "15.83%",
          "chgp": "-0.43%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
639.06
894.93
-28.59%
Operating Profit (PBDIT) excl Other Income
58.33
205.72
-71.65%
Interest
4.68
6.03
-22.39%
Exceptional Items
0.00
0.00
Consolidate Net Profit
30.93
138.70
-77.70%
Operating Profit Margin (Excl OI)
9.22%
23.15%
-13.93%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -28.59% vs 11.33% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -77.70% vs 101.98% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,698.81
1,473.92
15.26%
Operating Profit (PBDIT) excl Other Income
338.55
219.20
54.45%
Interest
13.06
11.05
18.19%
Exceptional Items
0.00
0.00
Consolidate Net Profit
207.37
134.92
53.70%
Operating Profit Margin (Excl OI)
20.08%
15.02%
5.06%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 15.26% vs 21.47% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 53.70% vs 56.30% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,337.87
2,044.56
14.35%
Operating Profit (PBDIT) excl Other Income
396.88
308.27
28.74%
Interest
17.74
14.79
19.95%
Exceptional Items
0.00
0.00
Consolidate Net Profit
238.30
203.24
17.25%
Operating Profit Margin (Excl OI)
16.98%
15.08%
1.90%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 14.35% vs 18.70% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 17.25% vs 10.13% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,768.43
2,331.82
18.72%
Operating Profit (PBDIT) excl Other Income
422.32
364.08
16.00%
Interest
21.36
12.58
69.79%
Exceptional Items
0.00
0.00
Consolidate Net Profit
271.40
235.58
15.21%
Operating Profit Margin (Excl OI)
15.40%
15.83%
-0.43%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 18.72% vs 19.10% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 15.21% vs 54.56% in Mar 2023

stock-summaryCompany CV
About Banco Products (India) Ltd stock-summary
stock-summary
Banco Products (India) Ltd
Small Cap
Auto Ancillary
Banco Products India Limited was incorporated on March 16, 1961. The Company produces gaskets and radiators that have applications in automobiles, oil engines, compressors and locomotives. It has 4 modern manufacturing plants based at Baroda (Vadodara), Mumbai, with state-of-the-art facilities for Production, Design & Development and Quality Assurance. The Company is a leading designer, manufacturer of engine cooling modules for automotive and industrial applications.
Company Coordinates stock-summary
Company Details
Bil Near Bhaili Raiway Station, Padra Road Vadodara Gujarat : 391410
stock-summary
Tel: 91-265-2680220/21/22/23
stock-summary
investor@bancoindia.com
Registrar Details
Link Intime India Pvt Ltd., B-102 & B103, Shangrila Complex, First Floor, Opp: HDFC Bank, Near Radhakrishna Char Rasta, Akota, Vadodara