NSE / BSEAutomobiles & Components
β‚Ή627.75+10.35+1.68%
P/E24.0Mkt Capβ‚Ή9.28 K CrEV/EBITDA28.4

Banco Products (India) Ltd.

P/E24.0Mkt Capβ‚Ή9.28 K CrEV/EBITDA28.4
Company Profile

Banco Products (India) Limited, together with its subsidiaries, engages in the manufacture and sale of heat exchangers/cooling systems in India and internationally. The company offers engine cooling systems, such as radiators, charge air coolers, oil coolers, transmission and hydraulic type, condensers, fuel coolers, battery coolers, inverter coolers configurations and accessories, expansion tanks, fan motor assembly, fan shroud and guard, and miscellaneous mounting plumbing accessories. It also provides precision-engineered sealing solutions, including cylinder head gaskets, peripheral gaskets, heat shields, compressed fibre gaskets, industrial and jointing gaskets, rubber/cork gaskets, exhaust manifold and ring gaskets, oil pan and valve cover gaskets, as well as intake manifold, water/oil pump, and transmission gaskets. The company's products are used in passenger cars; light, medium, and heavy commercial vehicles; agricultural tractors and harvesters; high-performance motorcycles; construction equipment; material handling equipment; mining machinery; traction locomotives; industrial air compressors; and standalone gensets and backup power systems for data centres. The company was incorporated in 1961 and is based in Vadodara, India.

Valuation

Market Cap
β‚Ή0.00
β€”
Current Price
β‚Ή0
β€”as of 26 Aug 2026
P/E Ratio
0.0x
β€”
P/B Ratio
0.0x
β€”
EV / EBITDA
0.0x
β€”
EV / Sales
0.0x
β€”
52W High
β‚Ή0
β€”
52W Low
β‚Ή0
β€”
Shares Out
0.00 Cr
β€”

Profitability

Operating Margin
0.0%
β€”
Net Profit Margin
0.0%
β€”
EBITDA Margin
0.0%
β€”

Returns

ROE
0.0%
β€”
ROCE
0.0%
β€”
ROIC %
β€”
β€”
ROA
0.0%
β€”
Dividend Payout
0.0%
β€”

Solvency

Current Ratio
0.0x
β€”
Debt / Equity
0.0x
β€”
Debt / Assets
0.0x
β€”
CFO / Net Profit
0.0x
β€”
Interest Coverage
0.0x
β€”

AI Summary

Indian Stock

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Rule-based from financial data. Not advice.

Price Historyβ–² 7.69% over 1Y
Monthly Returns

Historically, May has averaged the highest return (+15.9%); Feb the lowest (-8.6%).

Average from:
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026-13.3%Negative MonthJan 2026: -13.31%+4.3%Positive MonthFeb 2026: +4.33%-18.9%Negative MonthMar 2026: -18.90%+22.3%Positive MonthApr 2026: +22.32%+6.5%Positive MonthMay 2026: +6.49%+2.0%Neutral MonthJun 2026: +1.98%-4.9%Negative MonthJul 2026: -4.89%-1.5%*Neutral MonthAug 2026: -1.51%β€”β€”β€”β€”
2025-5.1%Negative MonthJan 2025: -5.15%-30.2%Negative MonthFeb 2025: -30.20%+9.5%Positive MonthMar 2025: +9.48%+6.4%Positive MonthApr 2025: +6.40%+55.6%Positive MonthMay 2025: +55.57%+12.1%Positive MonthJun 2025: +12.10%-7.5%Negative MonthJul 2025: -7.47%-2.5%Negative MonthAug 2025: -2.47%+44.0%Positive MonthSep 2025: +43.95%-14.7%Negative MonthOct 2025: -14.70%-4.3%Negative MonthNov 2025: -4.25%+1.3%Neutral MonthDec 2025: +1.34%
2024+11.8%Positive MonthJan 2024: +11.84%-7.1%Negative MonthFeb 2024: -7.13%-10.3%Negative MonthMar 2024: -10.34%+4.8%Positive MonthApr 2024: +4.83%-4.9%Negative MonthMay 2024: -4.92%+16.0%Positive MonthJun 2024: +15.98%+10.4%Positive MonthJul 2024: +10.44%-10.2%Negative MonthAug 2024: -10.15%-0.8%Neutral MonthSep 2024: -0.84%+7.2%Positive MonthOct 2024: +7.20%+59.6%Positive MonthNov 2024: +59.61%-17.8%Negative MonthDec 2024: -17.79%
2023+0.2%Neutral MonthJan 2023: +0.22%+9.3%Positive MonthFeb 2023: +9.30%+2.7%Positive MonthMar 2023: +2.69%+14.7%Positive MonthApr 2023: +14.66%+6.4%Positive MonthMay 2023: +6.37%+10.2%Positive MonthJun 2023: +10.20%+16.9%Positive MonthJul 2023: +16.91%+44.4%Positive MonthAug 2023: +44.38%-2.4%Negative MonthSep 2023: -2.35%-10.1%Negative MonthOct 2023: -10.06%+26.0%Positive MonthNov 2023: +26.05%+13.0%Positive MonthDec 2023: +12.99%
2022+5.2%Positive MonthJan 2022: +5.24%-19.1%Negative MonthFeb 2022: -19.09%-7.3%Negative MonthMar 2022: -7.28%+3.3%Positive MonthApr 2022: +3.30%+15.9%Positive MonthMay 2022: +15.87%+8.3%Positive MonthJun 2022: +8.30%+6.6%Positive MonthJul 2022: +6.56%+39.8%Positive MonthAug 2022: +39.79%-30.4%Negative MonthSep 2022: -30.40%+5.3%Positive MonthOct 2022: +5.29%+5.0%Positive MonthNov 2022: +5.00%-1.3%Neutral MonthDec 2022: -1.26%
2021β€”β€”β€”β€”β€”+1.1%Neutral MonthJun 2021: +1.09%+8.4%Positive MonthJul 2021: +8.36%+23.8%Positive MonthAug 2021: +23.76%-6.9%Negative MonthSep 2021: -6.92%-6.3%Negative MonthOct 2021: -6.32%-8.1%Negative MonthNov 2021: -8.07%+1.8%Neutral MonthDec 2021: +1.77%
AvgΒ±SD-0.2%Β±8.6%-8.6%Β±14.6%-4.9%Β±10.0%+10.3%Β±7.2%+15.9%Β±20.9%+8.3%Β±5.3%+5.0%Β±8.5%+15.6%Β±21.5%+0.7%Β±24.1%-3.7%Β±8.6%+15.7%Β±25.0%-0.6%Β±9.9%
* Current month β€” value will change until month-end.

Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β€” the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.

Seasonal Tendency

This aggregates every month by calendar position β€” all Januaries together, all Februaries together, and so on β€” to show whether a given month has leaned positive or negative historically. β€˜Simple’ counts each month as +1 or βˆ’1. β€˜Weighted’ gives larger moves more influence: +2 above +10%, βˆ’2 below βˆ’10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations β€” read it as a historical tendency, not a reliable seasonal pattern.

Historical Trend

This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.

Year-to-Date ROI
Average from:
SD Γ—
Latest: 0.913x (2026)

Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β€” at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in β€œAverage from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.

Historical Performance

Revenue, profitability, and cash flow trends (β‚Ή Crores)

Revenue (10Y)

Operating Income (10Y)

Net Profit (10Y)

Operating Margin % (10Y)

Dividend Payout % (10Y)

Free Cash Flow (10Y)

Growth Summary

Latest fiscal year: Mar 2025

Revenueβ‚Ή1.10 K Crβ–² 9.3%
EBITDA Growthβ€”
Net Profitβ‚Ή266.00 Crβ–² 4.3%
Cash from Ops (CFO)β€”
Free Cash Flow (FCF)β€”β–Ό 66.7%
Revenue CAGR 5Y11.1%
EBITDA CAGR 5Y21.9%
Net Profit CAGR 5Y29.5%
NP Growth 1Y4.3%

Historical Growth

Year-by-year revenue, profitability, and cash flow (β‚Ή Crores, last 10 years)

YearRevenueOp. IncomeNet ProfitCFOFCFROERev Growth 1YNP Growth 1Y
Mar 2025β‚Ή1.10 K Crβ€”β‚Ή266.00 Crβ€”β€”31.3%9.3%4.3%
Mar 2024β‚Ή1.01 K Crβ€”β‚Ή255.00 Crβ€”β€”34.4%0.7%3.7%
Mar 2023β‚Ή1.00 K Crβ€”β‚Ή246.00 Crβ€”β€”33.7%26.3%186.0%
Mar 2022β‚Ή795.00 Crβ€”β‚Ή86.00 Crβ€”β€”12.6%21.6%7.5%
Mar 2021β‚Ή654.00 Crβ€”β‚Ή80.00 Crβ€”β€”13.0%9.4%14.3%
Mar 2020β‚Ή598.00 Crβ€”β‚Ή70.00 Crβ€”β€”13.1%-18.8%-43.1%
Mar 2019β‚Ή736.00 Crβ€”β‚Ή123.00 Crβ€”β€”18.6%18.9%2.5%
Mar 2018β‚Ή619.00 Crβ€”β‚Ή120.00 Crβ€”β€”19.5%21.4%9.1%
Mar 2017β‚Ή510.00 Crβ€”β‚Ή110.00 Crβ€”β€”19.9%3.4%34.1%
Mar 2016β‚Ή493.00 Crβ€”β‚Ή82.00 Crβ€”β€”18.1%17.4%95.2%

Financial Statements

Income statement, balance sheet, and cash flow (β‚Ή Crores, as reported)

Consolidated Figures in USD Millions.

Unnamed: 0Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue / Net Sales4374204935106197365986547951,0041,0111,1051,154
Total Expenses357356400417525635524537694834831909947
EBIT / Operating Profit806493939410174117101170181196207
OPM %18%15%19%18%15%14%12%18%13%17%18%18%18%
Other Income34123261709246829132142144257
Finance Costs14620010100131
Depreciation & Amortisation17161917171820202021242627
Profit Before Tax8353104137147174101104110281297311436
Tax %20%22%21%20%19%29%31%23%22%13%14%14%-
Net Profit / PAT664282110120123708086246255266386
EPS (β‚Ή)4.642.915.747.678.378.604.865.605.9917.1717.8518.6127
Dividend Payout %22%51%40%59%60%47%206%18%167%64%56%59%-

Peer Comparison

Automobiles & Components sector peers, ranked by market cap

CompanyMarket CapRevenueP/EP/BEV/EBITDARev G 1Y
Banco Products (India) Ltd.this co.β‚Ή9.28 K Crβ‚Ή1.10 K Cr24.008.9628.419.3%
Maruti Suzuki India Ltd.β‚Ή5.16 L Crβ‚Ή1.52 L Cr36.205.3025.337.8%
Mahindra & Mahindra Ltd.β‚Ή4.55 L Crβ‚Ή1.19 L Cr32.506.8426.3917.1%
Bajaj Auto Limitedβ‚Ή2.67 L Crβ‚Ή50.01 K Cr30.508.6826.0211.9%
Eicher Motors Ltd.β‚Ή2.03 L Crβ‚Ή18.45 K Cr43.2010.56β€”14.8%
HYUNDAI MOTOR INDIA LIMITEDβ‚Ή1.88 L Crβ‚Ή67.65 K Cr33.4011.0317.74-1.3%
TVS Motor Company Ltd.β‚Ή1.78 L Crβ‚Ή36.25 K Cr56.6018.3249.0314.1%
Industry Averageβ€”β‚Ή15.02 K Cr51.906.1325.317.0%

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