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Banco Products (India) Limited (BANCOINDIA.NS)

INR666.20 +8.80 (+1.34%)
IN NSE Consumer Cyclical Auto - Parts
Address Bil, Near Bhaili Railway Station 391410
Vadodara, IN
CEO Preeti Yadav
IPO 2006-12-22
ISIN INE213C01025

Explore sections of this company profile

Also trades on Bombay Stock Exchange · BANCOINDIA.BO (INR) National Stock Exchange of India · BANCOINDIA.NS (INR)
Description

Banco Products (India) Limited, together with its affiliates, is engaged in the design, development, manufacturing, and distribution of automotive components for original equipment manufacturers both domestically and internationally. Their offerings include a range of engine thermal management systems such as radiators, intercoolers, fuel coolers, oil coolers, condensers, various sealing gaskets, and static sealing elastomers. These products are extensively utilized across diverse applications, including passenger vehicles, light, medium, and heavy commercial trucks, agricultural tractors and harvesters, high-performance motorcycles, heavy construction machinery, power generation units, and traction rail locomotives, among other specialized equipment. Founded in 1961, the company's main operations are based in Vadodara, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR666.20 +8.80 (+1.34%)
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Volume Profile
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Liquidity & share structure
Average Volume
243.8K
Beta
0.65
Float Shares
42.96M
Free Float %
30.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.66% +6.00% +5.89% +5.14% -3.52% -4.91% +17.23% +377.06% +728.38% +898.48% +4,319.70%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
666.20
DCF (Unlevered) 61.48 -90.8%
DCF (Levered) 152.22 -77.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
6.61
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Auto - Parts: +7.8%
    +21.3% Q1'26: +24.7% (vs Q1'25)
  • EPS growth Auto - Parts: +18.0%
    +23.0% Q1'26: -6.2% (vs Q1'25)
  • FCF margin FCF growth · Auto - Parts: +53.1%
    +0.1% Q1'26: -4.8% (vs Q1'25)
  • EBIT margin Auto - Parts: +7.5%
    +17.1% Q1'26: +17.0% (vs Q1'25)
  • ROIC Auto - Parts: +6.4%
    +23.3% Q1'26: +27.5% (vs Q1'25)
  • Share dilution Auto - Parts: +0.0%
    0.0% Q1'26: +2.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Auto - Parts: 0.27×
    0.90× Q1'26: 0.63× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.61) × ERP
WACC = 94% × Ke + 6% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 61.50 Current price: 666.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2010
actual
Mar 2011
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2024
actual
Mar 2025
actual
Revenue
4.61B
est: 3.95B (+16.9%)
8.44B
est: 4.59B (+83.9%)
11.13B
est: 11.97B (-7.0%)
11.91B
est: 12.08B (-1.4%)
12.39B
est: 11.97B (+3.5%)
13.36B
est: 12.08B (+10.6%)
15.67B
est: 13.57B (+15.4%)
14.22B
est: 14.63B (-2.8%)
15.33B
est: 15.79B (-3.0%)
19.58B
est: 17.53B (+11.7%)
27.68B
est: 29.11B (-4.9%)
32.13B
est: 36.97B (-13.1%)
EBITDA
1.12B
est: 560.22M (+99.7%)
1.13B
est: 639.21M (+77.4%)
1.01B
est: 1.70B (-40.6%)
1.45B
est: 1.72B (-15.3%)
1.43B
est: 1.70B (-16.0%)
1.84B
est: 1.72B (+7.0%)
1.83B
est: 3.99B (-54.0%)
1.30B
est: 2.08B (-37.4%)
1.85B
est: 2.24B (-17.5%)
2.53B
est: 2.49B (+1.5%)
3.90B
est: 6.71B (-41.9%)
5.61B
est: 5.65B (-0.7%)
EBIT
1.01B
est: 500.87M (+102.2%)
943.51M
est: 571.49M (+65.1%)
683.30M
est: 1.52B (-55.0%)
1.12B
est: 1.53B (-27.2%)
1.10B
est: 1.52B (-27.4%)
1.57B
est: 1.53B (+2.2%)
1.55B
est: 3.03B (-49.0%)
974.40M
est: 1.86B (-47.6%)
1.53B
est: 2.00B (-23.9%)
2.24B
est: 2.23B (+0.7%)
3.52B
est: 6.51B (-45.9%)
5.17B
est: 4.99B (+3.5%)
Net Income
786.01M
est: 1.49B (-47.2%)
656.25M
est: 1.31B (-49.8%)
876.52M
est: 1.42B (-38.1%)
898.89M
est: 1.54B (-41.8%)
972.05M
est: 708.03M (+37.3%)
1.17B
est: 772.40M (+51.2%)
690.83M
est: 2.26B (-69.4%)
765.77M
est: 1.10B (-30.7%)
1.14B
est: 1.29B (-11.9%)
1.52B
est: 1.42B (+7.7%)
2.71B
est: 3.20B (-15.1%)
3.92B
est: 4.38B (-10.5%)
SGA
366.35M
est: 456.86M (-19.8%)
825.16M
est: 521.28M (+58.3%)
1.67B
est: 1.39B (+20.7%)
1.61B
est: 1.40B (+14.9%)
1.67B
est: 1.39B (+20.1%)
1.73B
est: 1.40B (+23.9%)
1.97B
est: 7.53B (-73.8%)
2.07B
est: 1.69B (+22.4%)
2.03B
est: 1.83B (+11.2%)
2.13B
est: 2.03B (+4.8%)
3.17B
est: 3.37B (-5.9%)
3.71B
est: 3.30B (+12.3%)
EPS
10.99
est: 10.40 (+5.6%)
9.18
est: 9.18 (+0.0%)
6.13
est: 9.90 (-38.1%)
6.28
est: 10.80 (-41.9%)
6.80
est: 4.95 (+37.4%)
7.97
est: 5.40 (+47.6%)
5.83
est: 7.41 (-21.3%)
5.35
est: 7.72 (-30.7%)
7.95
est: 9.03 (-11.9%)
10.66
est: 9.90 (+7.7%)
18.97
est: 22.34 (-15.1%)
27.39
est: 30.61 (-10.5%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-27 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-26 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-25 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-22 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-21 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-20 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-19 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-18 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-15 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-14 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-13 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-12 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-11 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-08 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-07 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-06 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-05 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-04 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-30 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-29 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-28 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-27 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-24 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-23 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-22 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-21 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-20 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-17 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-16 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
255.06M
OE per share TTM
1.78
Owner's Yield
0.27%
Maintenance CapEx ratio
33.26%
Maint CapEx / Avg PPE
14.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
9.66M
Shares Outstanding
143.04M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sharan Patel Whole Time Director 31M male
Vikram Govind President of Operations 5M
Shailesh A. Thakker President of Commercial 4M male
Sachin Jayantilal Kotak Chief Financial Officer male
Preeti Yadav Company Secretary and Compliance Officer female
Robert Christy General Manager of IR & HR male
Sujith Nair President of Marketing OEM
Venkata Ranganath Kumar Sarni Additional Whole-time Director & Chief Technology Officer male
R. Allinson Managing Director of NEDERLANDSE RADIATEUREN FABR1EK B.V. male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits