Banco Products (India) Ltd
BANCOINDIABanco Products (India) Ltd
BANCOINDIA
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 22.27 | 7.28 | 1.87% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 39.70 | 6.90 | 0.71% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Banco Products (India) Limited is engaged in manufacturing and selling engine cooling products and sealing gaskets. It supplies for commercial vehicles, passenger vehicles and industrial products.
Peers
Compare with peersSamvardhana Motherson International Ltd
Bosch Ltd
UNO Minda Ltd
Schaeffler India Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,215.33 | 1,271.83 | 1,353.29 | 1,577.16 | 1,447.25 | 1,541.60 | 1,963.00 | 2,347.50 | 2,806.16 | 3,030.55 | ||||||||||
Raw Materials | 677.76 | 696.80 | 792.26 | 970.32 | 833.50 | 936.33 | 1,301.09 | 1,558.66 | 1,526.15 | 2,451.65 | ||||||||||
| Power & Fuel Cost | 23.21 | 21.77 | 20.59 | 28.16 | 26.99 | 25.50 | 32.97 | 48.58 | 46.56 | |||||||||||
| Employee Cost | 156.17 | 161.96 | 167.82 | 183.42 | 191.76 | 185.61 | 196.10 | 229.28 | 281.88 | |||||||||||
| Selling & Administrative Expenses | 139.16 | 95.15 | 42.26 | 47.64 | 53.67 | 48.51 | 42.55 | 85.31 | 99.82 | |||||||||||
| Operating & Other expenses | 61.66 | 120.06 | 133.93 | 175.86 | 193.99 | 158.52 | 113.40 | 45.92 | 391.69 | |||||||||||
EBITDA | 157.37 | 176.09 | 196.43 | 171.76 | 147.34 | 187.13 | 276.89 | 379.75 | 460.06 | 578.90 | ||||||||||
| Depreciation/Amortization | 34.67 | 33.33 | 27.70 | 29.22 | 32.77 | 33.68 | 47.87 | 56.35 | 75.99 | 83.83 | ||||||||||
| PBIT | 122.70 | 142.76 | 168.73 | 142.54 | 114.57 | 153.45 | 229.02 | 323.40 | 384.07 | 495.07 | ||||||||||
| Interest & Other Items | 3.24 | 1.96 | 1.77 | 4.26 | 3.10 | 3.62 | 5.26 | 12.58 | 21.36 | 23.37 | ||||||||||
| PBT | 119.46 | 140.80 | 166.96 | 138.28 | 111.47 | 149.83 | 223.76 | 310.82 | 362.71 | 471.70 | ||||||||||
| Taxes & Other Items | 29.57 | 43.60 | 50.21 | 69.20 | 34.90 | 36.11 | 71.34 | 75.25 | 91.30 | 127.85 | ||||||||||
| Net Income | 89.89 | 97.20 | 116.75 | 69.08 | 76.57 | 113.72 | 152.42 | 235.57 | 271.41 | 343.85 | ||||||||||
| EPS | 12.57 | 13.59 | 16.32 | 9.66 | 10.71 | 15.90 | 21.31 | 32.94 | 37.95 | 48.08 | ||||||||||
| DPS | 4.60 | 9.00 | 10.00 | 8.00 | 20.00 | 2.00 | 20.00 | 22.00 | 20.00 | 20.00 | ||||||||||
| Payout ratio | 0.37 | 0.66 | 0.61 | 0.83 | 1.87 | 0.13 | 0.94 | 0.67 | 0.53 | 0.42 |
Company Updates
Annual report
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PDFPeers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Banco Products (India) Ltd | 28.21 | 7.28 | 1.87% |
| Samvardhana Motherson International Ltd | 43.34 | 4.17 | 0.46% |
| Bosch Ltd | 42.53 | 8.79 | 1.04% |
| UNO Minda Ltd | 69.93 | 11.69 | 0.19% |
Price Comparison
Compare BANCOINDIA with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Banco Products (India) Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0811% | Percentage of the fund’s portfolio invested in the stock 0.35% | Change in the portfolio weight of the stock over the last 3 months 0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 249/309 (+5) |
Motilal Oswal Quant Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0202% | Percentage of the fund’s portfolio invested in the stock 0.99% | Change in the portfolio weight of the stock over the last 3 months 0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 79/149 (0) |
Groww Nifty Total Market Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0004% | Percentage of the fund’s portfolio invested in the stock 0.01% | Change in the portfolio weight of the stock over the last 3 months 0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 769/799 (-5) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 1.87%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹18.68 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateFeb 16, 2024
Dividend/Share
₹20.00
Ex DateEx Date
Feb 16, 2024
Cash Dividend
Ex DateEx DateSep 7, 2023
Dividend/Share
₹14.00
Ex DateEx Date
Sep 7, 2023
Cash Dividend
Ex DateEx DateFeb 24, 2023
Dividend/Share
₹8.00
Ex DateEx Date
Feb 24, 2023
Cash Dividend
Ex DateEx DateSep 6, 2022
Dividend/Share
₹20.00
Ex DateEx Date
Sep 6, 2022
Cash Dividend
Ex DateEx DateSep 3, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Sep 3, 2021
The Board of Banco Products (India) at its meeting held on 13 November 2024 has approved bonus issue in ratio of 1:1. Powered by Capital Market - Live
On a consolidated basis, net profit of Banco Products (India) surged 109.8% to Rs 138.70 crore on 23.8% increase in net sales to Rs 888.81 crore in Q2 September 2024 over Q2 September 2023. Profit before tax stood at Rs 197.09 crore in the Q2FY25, up 89.4% YoY and up 81.63% QoQ. Total expenses rose 14.5% to Rs 689.21 crore in Q2 FY25 over Q2 FY24. During the quarter, cost of materials consumed stood at Rs 538.66 crore (up 78.4% YoY) while employee benefits expense was at Rs 82.01 crore (up 24.1% YoY). Net cash flow from operating activities decreased to Rs 65.71 crore for the six months ended September 2024, compared to Rs 261.20 crore for the same period in 2023. The company's board has recommended issue of bonus shares in the ratio of 1:1 i.e. one new fully paid-up equity share for every each existing fully paid-up equity share. The record date will be intimated separately by the company. Banco Products (India) is a leading provider of engine cooling and sealing solutions for automotive and industrial applications. Powered by Capital Market - Live
Net profit of Banco Products (India) rose 109.80% to Rs 138.70 crore in the quarter ended September 2024 as against Rs 66.11 crore during the previous quarter ended September 2023. Sales rose 23.81% to Rs 888.81 crore in the quarter ended September 2024 as against Rs 717.91 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales888.81717.91 24 OPM %23.1517.06 - PBDT216.55119.73 81 PBT197.09104.07 89 NP138.7066.11 110 Powered by Capital Market - Live
Banco Products (India) will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live
Banco Products (India) will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live
Banco Products (India) announced that the 63th Annual General Meeting (AGM) of the company will be held on 20 September 2024.Powered by Capital Market - Live
Net profit of Banco Products (India) declined 0.20% to Rs 68.67 crore in the quarter ended June 2024 as against Rs 68.81 crore during the previous quarter ended June 2023. Sales rose 7.54% to Rs 797.32 crore in the quarter ended June 2024 as against Rs 741.40 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales797.32741.40 8 OPM %16.6613.05 - PBDT127.89107.87 19 PBT108.5192.53 17 NP68.6768.81 0 Powered by Capital Market - Live
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade
Banco Products (India) will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live
Polycab, Bandhan Bank, Banco Products, Restaurant Brands Asia — Buy, Sell Or Hold? AskProfit
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.21%, vs industry avg of 8.46%
Increasing Market Share
Over the last 5 years, market share increased from 0.72% to 0.87%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 31.48%, vs industry avg of 10.9%