What is Banco Products (India) Ltd (BANCOINDIA) share price return in the past 10 years?

Banco Products (India) Ltd share price has appreciated 24.8% annually (CAGR) over the past ten years.

What is the share price of Banco Products (India) Ltd (BANCOINDIA)?

Company share prices are keep on changing according to the market conditions. The current trading price of Banco Products (India) Ltd (BANCOINDIA) on 08-Jun-2026 16:59:59 at 16:59 is 628.30.

What is the P/E ratio of Banco Products (India)?

The latest standalone P/E ratio of Banco Products (India) as of 08-Jun-2026 is 21.46.

What is the P/B ratio of Banco Products (India) Ltd (BANCOINDIA)?

The latest standalone P/B ratio of Banco Products (India) Ltd (BANCOINDIA) as of 08-Jun-2026 is 8.53.

What is the 52-week high and low of Banco Products (India) Ltd (BANCOINDIA)?

The 52-week high of Banco Products (India) Ltd (BANCOINDIA) is Rs. 879.60 and the 52-week low is Rs. 503.00.

Banco Products (India) Ltd (BANCOINDIA) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Banco Products (India) Ltd (BANCOINDIA)
Brand: Banco Products (India)

Key Metrics

Valuation Multiples

Market Cap

₹8,987 Cr.

Current Price

₹628.3

52-Week Low / High

₹503 / 880

TTM EPS

₹29.3

TTM Sales

₹1,226 Cr.

Book Value per Share

₹73.6

P/E Ratio

21.46

Higher than its 5-year historical median

Industry PE

41.9

Price to Book (P/B)

8.53

Higher than its 5-year historical median

Price to Sales (P/S)

7.33

Higher than its 5-year historical median

EV/EBITDA

17.87

Higher than its 5-year historical median

Dividend Yield

3.19%

Profitability Efficiency

Return on Equity (ROE)

33.45%

Outperforms industry median

Return on Capital Employed (ROCE)

39.15%

Outperforms industry median

Return on Assets (ROA)

27.55%

Operating Profit Margin

17.7%

Net Profit Margin

24.1%

Gross Profit Margin

30.3%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

9.26%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

8.6%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

4.32%

Asset Quality

Promoter Holding

67.88%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹1,024 Cr.

Equity

₹28.6 Cr.

Face Value

₹2

All Time Low / High

₹0.74 / 879.60

Banco Products (India) stock performance

Key Ratios

Check Before You Invest

Quality

Very Good

Check detailed performance

Valuation

Overvalued

Check Valuation charts

Price Trend

Semi Strong

Check Price chart

Q.1 Is Banco Products (India) Ltd a good quality company?

Banco Products (India) Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Banco Products (India) Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Banco Products (India) Ltd vs industry peers?

Banco Products (India) Ltd revenue CAGR is 13.05%, compared to the industry median CAGR of 11.89%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Banco Products (India) Ltd?

Promoters hold 67.88% of the Banco Products (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Banco Products (India) Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 25.2% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	23.8%	27.1%	25.1%	27.3%	16.8%	18.2%	17%	39.8%	40.4%	39.2%	-
Value Creation Index ⓘ	0.7	0.9	0.8	1.0	0.2	0.3	0.2	1.8	1.9	1.8	-
Growth Parameters ⓘ
Sales ⓘ	493	510	619	736	598	654	795	1,004	1,011	1,105	1,226
Sales YoY Gr.	-	3.5%	21.4%	19%	-18.7%	9.2%	21.7%	26.2%	0.8%	9.3%	-
Adj EPS ⓘ	5.6	7.2	8.3	8.2	4.3	5.5	5.7	16.5	17.5	18.1	29.3
YoY Gr.	-	27.2%	15.4%	-0.2%	-48.4%	28.5%	4.2%	190.7%	5.8%	3.3%	-
BVPS (₹) ⓘ	31.7	38.7	43	46.4	37.4	43	47.9	51.1	51.9	59.4	73.6
Adj Net Profit ⓘ	80.3	102	118	118	60.8	78.1	81.4	237	250	258	419
Cash Flow from Ops. ⓘ	59	58.1	23.8	46.6	59.1	59.3	1.4	68	154	95.1	-
Debt/CF from Ops. ⓘ	0	0	0.1	0.1	0	0	0	0	0	0.1	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.4%	13.1%	11.6%	9.3%
Adj EPS ⓘ	13.9%	33.6%	47%	3.3%
BVPSⓘ	7.2%	9.7%	7.5%	14.6%
Share Price	24.8%	50.2%	61.6%	10.7%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	18.6	20.3	20.2	18.4	10.2	13.6	12.5	33.4	34	32.5	44
Op. Profit Mgn % ⓘ	18.8	18.4	15.3	14	12.4	17.9	12.7	16.9	17.9	17.7	17
Net Profit Mgn % ⓘ	16.3	20.1	19.1	16	10.2	12	10.2	23.6	24.8	23.4	34.2
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	128	134	144	141	166	171	177	170	182	178	113
Cash Conv. Cycle ⓘ	87	88	90	84	107	107	119	122	131	128	95

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	493	510	619	736	598	654	795	1,004	1,011	1,105
Operating Expenses ⓘ +	400	417	525	635	524	537	694	834	831	909
Manufacturing Costs	74	65	71	80	73	75	91	106	115	130
Material Costs	260	284	376	464	368	383	505	621	607	659
Employee Cost	27	30	34	38	38	36	42	51	55	67
Other Costs ⓘ	39	37	44	53	45	43	56	55	54	53
Operating Profit ⓘ	93	93	94	101	74	117	101	170	181	196
Operating Profit Margin (%)	18.8%	18.3%	15.3%	13.7%	12.4%	17.9%	12.7%	16.9%	17.9%	17.7%
Other Income ⓘ +	32	61	70	83	46	8	29	132	142	144
Exceptional Items ⓘ	0	0	0	9	0	0	0	0	0	0
Interest ⓘ	2	0	0	1	0	1	0	0	1	3
Depreciation ⓘ	19	17	17	18	20	20	20	21	24	26
Profit Before Tax ⓘ	104	137	147	174	101	104	110	281	297	311
Tax ⓘ	21	27	27	51	31	24	24	35	42	45
Profit After Tax	82	110	120	123	70	80	86	246	255	266
PAT Margin (%)	16.7%	21.5%	19.3%	16.7%	11.6%	12.3%	10.8%	24.5%	25.2%	24.1%
Adjusted EPS (₹)	5.7	7.7	8.4	8.6	4.9	5.6	6.0	17.2	17.8	18.6
Dividend Payout Ratio (%)	40.10%	58.70%	59.70%	46.60%	205.80%	17.90%	167%	64.10%	56%	59.10%

Valuation of Banco Products (I) - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	454	555	615	664	535	615	685	731	742	851
Share Capital ⓘ	14	14	14	14	14	14	14	14	14	29
Reserves ⓘ	440	540	601	649	521	601	671	716	728	822
Debt +	2	2	2	3	3	3	0	0	5	7
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	2	2	2	3	3	3	0	0	5	7
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	40	39	68	72	58	94	76	86	83	102
Others Liabilities ⓘ	60	16	49	16	18	21	23	27	25	118
Total Liabilities ⓘ	556	612	735	755	613	733	785	844	855	1,078
Fixed Assets
Net Fixed Assets ⓘ +	120	112	112	131	128	126	134	150	153	164
Gross Block	246	254	271	308	324	342	368	404	430	465
Accumulated Depreciation	126	142	159	177	196	216	234	254	277	301
CWIP ⓘ	0	1	7	2	2	0	6	2	8	2
Investments ⓘ	163	253	186	215	155	147	151	155	160	221
Inventories	85	94	136	127	102	156	196	249	261	277
Trade Receivables	98	96	114	131	147	169	194	231	202	269
Cash Equivalents	73	37	140	119	61	107	67	16	26	113
Others Assets ⓘ	16	19	40	30	18	30	36	40	45	32
Total Assets ⓘ	556	612	735	755	613	733	785	844	855	1,078

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	59	58	24	47	59	59	1	68	154	95
PBT ⓘ	104	137	147	174	101	104	110	281	297	311
Adjustment ⓘ	-7	-42	-51	-74	-15	14	-2	-97	-109	-103
Changes in Working Capital ⓘ	-16	-7	-28	-16	-8	-43	-86	-73	12	-68
Tax Paid ⓘ	-22	-30	-45	-37	-19	-16	-20	-43	-46	-45
Cash Flow From Investing Activity ⓘ +	31	-31	35	33	182	-38	-41	127	93	66
Capex	-12	-1	-25	-27	-11	-19	-32	-34	-36	-26
Net Investments	9	-80	-4	-48	159	-20	-35	49	-1	-54
Others ⓘ	34	50	65	108	35	1	26	112	129	147
Cash Flow From Financing Activity ⓘ +	-45	-70	-59	-79	-194	-1	-15	-201	-244	-160
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-23	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-2	-0	-0	-1	-0	-1	-0	-0	-1	-3
Dividend Paid ⓘ	-22	-64	-59	-77	-164	0	-14	-200	-243	-157
Others ⓘ	2	-5	-0	-1	-29	0	0	0	0	0
Net Cash Flow ⓘ	45	-42	-0	-0	47	21	-54	-6	3	1

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	19.06	21.76	20.48	19.24	11.61	13.93	13.18	34.7	34.68	33.45
ROCE (%)	23.75	27.07	25.14	27.34	16.78	18.18	16.95	39.75	40.44	39.15
Asset Turnover Ratio	1.01	0.95	0.94	1.01	0.89	0.98	1.06	1.25	1.21	1.15
PAT to CFO Conversion(x)	0.72	0.53	0.2	0.38	0.84	0.74	0.01	0.28	0.6	0.36
Working Capital Days
Receivable Days	58.70	63.40	60.60	59.90	83.10	87	82.50	76.50	76.80	77.10
Inventory Days	56.10	58.80	66.50	64	68.60	71.20	80	80	90.50	88.20
Payable Days	44.40	51.10	52.10	55.30	64.50	72.40	61.50	47.40	50.80	51.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Banco Products (India) Ltd FAQs

The current trading price of Banco Products (I) on 08-Jun-2026 16:59 is ₹628.3.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Jun-2026 the market cap of Banco Products (I) stood at ₹8,987 Cr

The latest P/E ratio of Banco Products (I) as of 07-Jun-2026 is 21.46.

The latest P/B ratio of Banco Products (I) as of 07-Jun-2026 is 8.53.

The 52-week high of Banco Products (I) is ₹879.6 and the 52-week low is ₹503.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Banco Products (I) is ₹1,226 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Banco Products (India) Ltd is a good quality company.

The key valuation ratios of Banco Products (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Banco Products (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Banco Products (India) Ltd

Banco Products (India), part of Banco Group of Companies, is a trusted name in the automotive components industry with a strong legacy of innovation, quality, and global presence. The company specializes in manufacturing engine cooling and sealing systems, catering to a diverse range of domestic and international Original Equipment Manufacturers (OEMs) and aftermarket clients. The resilience of the company is further enhanced by its three wholly owned subsidiaries: NRF Holding B.V. (Formerly known as Nederlandse Radiateuren Fabriek B.V.), a prominent player in the European thermal management market; Banco Gaskets (India) Limited, focused on specialized gasket manufacturing and domestic market growth; and Banco New Energy Cooling Systems Limited, driving forward the Group's commitment to future-ready, energy-efficient thermal technologies. Together, these entities form a synergistic global network that underpins sustained growth and innovation.

The company, established in 1961 as a private limited company, has regularly expanded its footprint, product scope and has added new plants and capacities. The company was listed on the Indian stock exchange in 1987. The company is recognized as Star Export House by Ministry of Commerce and Trade, Government of India. The company has regularly invested in establishing world-class research and development capabilities. The company’s R&D Centre at Vadodara is recognized as by the Department of Science, Government of India.

Business area of the company

The company is a leading designer and manufacturer of high-performance engine cooling modules catering to the automotive, off-highway, and industrial segments. With a legacy spanning over decades, the company continues to deliver innovative, application-engineered solutions to OEMs and the automotive aftermarket, both domestically and globally.

Product Portfolio

Core Products:

Radiators
Charge Air Coolers
Fuel Coolers and Oil Coolers
AC Condensers
De-Aeration Plastic Tanks
Metal Layered Gaskets
Elastomeric Moulded Gaskets

Milestone

1961: Started as a private company
1969: Engine cooling module for 3000hp traction locomotive
1987: Listed on Indian stock exchange
1996: ISO-9002 certification
2002: ISO/TS-16949 certification
2003: Standard Aluminum radiator production
2007: recognized STAR export house
2010: Acquired 100% shares of NRF B. V. Netherlands
2012: Started SEZ Plant with capacity to produce 1 million unit p.a. for exports
2013: New Aluminum Radiator Plants for Domestic OEM and after-market
2014: Development & Production of all Aluminum Brazed Products
2015: Initializing of NRF USA
2016: Development & production of EGR (Exhaust Gas Recovery) Cololers
2019: Completed the transaction for sale of shares in Lake Minerals (Mauritius), Mauritius to Agro Scientific Investments, Mauritius.
2021: Incorporated wholly owned subsidiary company namely ‘Banco New Energy Cooling Systems’.
2025: Nederlandse Radiateuren Fabriek B.V. (NRF) opened a new production facility in Panattoni Park Gdansk West II, Poland.
2025: Nederlandse Radiateuren Fabriek B.V. (NRF) has opened an office and established a legal entity in Istanbul Turkey, called NRF TURKEY OTOMOTIV TICARET ANONIM SIRKETI.

Banco Products (India) Ltd (BANCOINDIA)

Banco Products (India) Ltd (BANCOINDIA)

Banco Products (India) stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Banco Products (I) - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Banco Products (India) Ltd FAQs

About Banco Products (India) Ltd

About MoneyWorks4Me

Our Vision

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
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Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Banco Products (India) Ltd (BANCOINDIA)

Banco Products (India) Ltd (BANCOINDIA)

Banco Products (India) stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Banco Products (I) - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Banco Products (India) Ltd FAQs

What is the share price of Banco Products (I)?

What is the market cap of Banco Products (I)?

What is the P/E ratio of Banco Products (I)?

What is the P/B ratio of Banco Products (I)?

What is the 52-week high and low of Banco Products (I)?

What is the TTM revenue of Banco Products (I)?

Is Banco Products (India) Ltd a good quality company?

Is Banco Products (India) Ltd undervalued or overvalued?

Is Banco Products (India) Ltd a good buy now?

About Banco Products (India) Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.