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Banco Products (India) Ltd

BANCOINDIA

Banco Products (India) Ltd

BANCOINDIA
Consumer DiscretionaryAuto Parts
SmallcapWith a market cap of ₹7,813 cr, stock is ranked 637
High RiskStock is 3.76x as volatile as Nifty
1,066.302.40% (-26.25)
1,066.302.40% (-26.25)

Price Chart

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Returns
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1D
1W
1M
1Y
5Y
Max
SIP
Consumer DiscretionaryAuto Parts
SmallcapWith a market cap of ₹7,813 cr, stock is ranked 637
High RiskStock is 3.76x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

Consumer DiscretionaryAuto Parts
SmallcapWith a market cap of ₹7,813 cr, stock is ranked 637
High RiskStock is 3.76x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
22.727.431.83%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.176.810.72%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 12.21%, vs industry avg of 8.46%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.72% to 0.87%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 31.48%, vs industry avg of 10.9%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,215.331,271.831,353.291,577.161,447.251,541.601,963.002,347.502,806.163,030.55
Raw Materialssubtract677.76696.80792.26970.32833.50936.331,301.091,558.661,526.152,451.65
Power & Fuel Costsubtract23.2121.7720.5928.1626.9925.5032.9748.5846.56
Employee Costsubtract156.17161.96167.82183.42191.76185.61196.10229.28281.88
Selling & Administrative Expensessubtract139.1695.1542.2647.6453.6748.5142.5585.3199.82
Operating & Other expensessubtract61.66120.06133.93175.86193.99158.52113.4045.92391.69
Depreciation/Amortizationsubtract34.6733.3327.7029.2232.7733.6847.8756.3575.9983.83
Interest & Other Itemssubtract3.241.961.774.263.103.625.2612.5821.3623.37
Taxes & Other Itemssubtract29.5743.6050.2169.2034.9036.1171.3475.2591.30127.85
EPS12.5713.5916.329.6610.7115.9021.3132.9437.9548.08
DPS4.609.0010.008.0020.002.0020.0022.0020.0020.00
Payout ratio0.370.660.610.831.870.130.940.670.530.42

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryAuto Parts

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Banco Products (India) Ltd28.797.431.83%
Samvardhana Motherson International Ltd43.054.140.46%
Bosch Ltd41.348.541.07%
UNO Minda Ltd68.4811.450.19%

Price Comparison

Compare BANCOINDIA with any stock or ETF
Compare BANCOINDIA with any stock or ETF
BANCOINDIA
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding67.88%0.11%0.07%3.08%28.85%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep1.87%2.07%2.35%3.00%3.21%3.08%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan

Growth
0.0446%0.22%-0.01%254/310 (-2)
Motilal Oswal Quant Fund - Growth - Direct Plan

Growth
0.0200%1.06%1.06%90/140 (+12)
Groww Nifty Total Market Index Fund - Growth - Direct Plan

Growth
0.0002%0.01%0.00%747/801 (+18)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.73%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.29 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateFeb 16, 2024

Interim
Interim | Div/Share: ₹20.00

Dividend/Share

20.00

Ex DateEx Date

Feb 16, 2024

Cash Dividend

Ex DateEx DateSep 7, 2023

Final
Final | Div/Share: ₹14.00

Dividend/Share

14.00

Ex DateEx Date

Sep 7, 2023

Cash Dividend

Ex DateEx DateFeb 24, 2023

Interim
Interim | Div/Share: ₹8.00

Dividend/Share

8.00

Ex DateEx Date

Feb 24, 2023

Cash Dividend

Ex DateEx DateSep 6, 2022

Final
Final | Div/Share: ₹20.00

Dividend/Share

20.00

Ex DateEx Date

Sep 6, 2022

Cash Dividend

Ex DateEx DateSep 3, 2021

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 3, 2021

News & Opinions
Corporate
Board of Banco Products approves bonus issue of 1:1

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

2 weeks agoCapital Market - Live
Spotlight
Banco Products rallies on strong Q2, bonus issue

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

2 weeks agoCapital Market - Live
Earnings
Banco Products (India) consolidated net profit rises 109.80% in the September 2024 quarter

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

2 weeks agoCapital Market - Live
Corporate
Banco Products (India) to table results

Banco Products (India) will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Banco Products (India) schedules board meeting

Banco Products (India) will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Banco Products (India) AGM scheduled

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

3 months agoCapital Market - Live
Earnings
Banco Products (India) consolidated net profit declines 0.20% in the June 2024 quarter

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

3 months agoCapital Market - Live

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

4 months agoEconomic Times
Corporate
Banco Products (India) to table results

Banco Products (India) will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Polycab, Bandhan Bank, Banco Products, Restaurant Brands Asia — Buy, Sell Or Hold? AskProfit

10 months agoBloomberg Quint