Banco Products (India) Ltd.

•

₹ 623.7-0.28%

2026-08-21

bancoindia.comBSE: 500039NSE: BANCOINDIA

Market Cap₹ 8,913 Cr.

Current Price₹ 625

High / Low₹ 880 / 502

Stock P/E18.0

Book Value₹ 126

Price to Book3.79

Dividend Yield2.41 %

ROCE38.7 %

ROE33.3 %

Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

PROS

Company has delivered good profit growth of 38.6% CAGR over last 5 years
Company has a healthy return on capital (ROCE) of 32.3%
Company has a good return on equity (ROE) track record: 3 Years ROE 27.8%
Company has consistently been profitable over the last 5 years
Company has delivered good sales growth of 17.7% CAGR over last 5 years
Operating margins have improved to 19.0% from 14.1%

CONS

Total debt has risen sharply - up 43.7% year on year

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Automobile and Auto ComponentsAutomobile & AncillariesAuto Ancillary

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	MOTHERSON	170.35	41.05	179794.93	0.35	1075.66	77.48	35243.77	17.70	13.63	8.86
2.	BOSCHLTD	48360.00	60.36	142643.14	0.56	706.10	-36.74	5841.90	22.00	25.60	14.08
3.	UNOMINDA	1275.00	61.24	73627.07	0.21	315.51	2.10	5556.85	23.79	20.74	11.14
4.	TIINDIA	2936.45	93.72	56841.54	0.12	293.96	-3.04	6215.33	20.20	27.33	8.81
5.	SONACOMS	823.00	73.78	51346.20	0.41	178.51	46.67	1301.20	52.38	14.75	22.55
6.	ENDURANCE	2987.10	43.32	42017.40	0.39	244.52	8.03	4314.89	30.01	18.33	12.42
7.	ZFCVINDIA	2617.15	59.66	29784.61	0.03	1044.78	753.75	10661.76	992.89	20.23	12.93
8.	CRAFTSMAN	10778.15	60.63	28189.64	0.10	150.55	116.31	2431.58	36.30	14.65	15.81
9.	MSUMI	39.27	0.00	26042.54	1.48	1453.20	915.51	34072.60	1273.43	43.72	7.58
10.	GABRIEL	1438.55	85.65	25495.42	0.35	108.13	74.48	1425.68	29.80	26.37	11.71
11.	SANSERA	3894.75	69.76	24304.63	0.10	87.36	38.71	1021.26	33.27	13.97	19.18
12.	BANCOINDIA	623.10	18.02	8912.65	2.41	122.38	11.74	1183.90	22.92	38.70	18.00

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	741	718	565	717	797	889	633	868	963	1,031	782	1,091	1,184
	653	602	482	610	671	689	581	660	788	889	664	874	1,011
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	16	3	12	6	2	17	5	19	14	59	9	17	6
Interest	5	6	4	7	7	6	5	8	7	8	8	-0	5
Depreciation	15	16	17	28	19	19	20	36	24	25	26	60	35
	93	104	81	86	109	197	39	190	164	175	119	186	179
Tax %	25.63%	36.48%	15.14%	20.36%	36.72%	29.63%	20.57%	19.07%	33.32%	20.49%	27.87%	20.83%	31.48%
Net Profit	0	0	0	0	69	139	31	154	110	139	86	147	122
	10	9	5	5	5	10	2	11	8	10	6	10	1
Equity Capital	14	14	14	14	14	14	29	29	29	29	29	29	29
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	14	14	14	14	14	14	29	29	29	29	29	29	29
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 741
: 653
Operating Profit: —
OPM %: —
Other Income: 16
Interest: 5
Depreciation: 15
: 93
Tax %: 25.63%
Net Profit: 0
: 10
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 718
: 602
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 6
Depreciation: 16
: 104
Tax %: 36.48%
Net Profit: 0
: 9
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 565
: 482
Operating Profit: —
OPM %: —
Other Income: 12
Interest: 4
Depreciation: 17
: 81
Tax %: 15.14%
Net Profit: 0
: 5
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 717
: 610
Operating Profit: —
OPM %: —
Other Income: 6
Interest: 7
Depreciation: 28
: 86
Tax %: 20.36%
Net Profit: 0
: 5
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 797
: 671
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 7
Depreciation: 19
: 109
Tax %: 36.72%
Net Profit: 69
: 5
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 889
: 689
Operating Profit: —
OPM %: —
Other Income: 17
Interest: 6
Depreciation: 19
: 197
Tax %: 29.63%
Net Profit: 139
: 10
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 633
: 581
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 5
Depreciation: 20
: 39
Tax %: 20.57%
Net Profit: 31
: 2
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 868
: 660
Operating Profit: —
OPM %: —
Other Income: 19
Interest: 8
Depreciation: 36
: 190
Tax %: 19.07%
Net Profit: 154
: 11
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 963
: 788
Operating Profit: —
OPM %: —
Other Income: 14
Interest: 7
Depreciation: 24
: 164
Tax %: 33.32%
Net Profit: 110
: 8
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 1,031
: 889
Operating Profit: —
OPM %: —
Other Income: 59
Interest: 8
Depreciation: 25
: 175
Tax %: 20.49%
Net Profit: 139
: 10
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 782
: 664
Operating Profit: —
OPM %: —
Other Income: 9
Interest: 8
Depreciation: 26
: 119
Tax %: 27.87%
Net Profit: 86
: 6
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 1,091
: 874
Operating Profit: —
OPM %: —
Other Income: 17
Interest: -0
Depreciation: 60
: 186
Tax %: 20.83%
Net Profit: 147
: 10
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 1,184
: 1,011
Operating Profit: —
OPM %: —
Other Income: 6
Interest: 5
Depreciation: 35
: 179
Tax %: 31.48%
Net Profit: 122
: 1
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 29
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	1,204	1,239	1,336	1,567	1,422	1,533	1,958	2,332	2,768	3,213	4,088
	1,058	1,096	1,157	1,391	1,300	1,354	1,686	1,968	2,346	2,601	3,438
Operating Profit	157	176	194	186	147	187	277	380	460	654	—
OPM %	13	14	14	12	10	12	14	16	17	20	—
Other Income	11	32	15	10	25	9	5	16	38	43	91
Interest	3	2	2	4	3	4	5	13	21	26	21
Depreciation	35	33	28	29	33	34	48	56	76	94	145
	119	141	164	153	111	150	224	311	363	534	659
Tax %	25	31	31	45	31	24	32	24	25	27	25
Net Profit	90	97	114	83	77	114	152	236	271	392	495
EPS	13	1	16	10	11	16	21	33	38	27	—
Dividend Payout %	37	66	61	83	187	13	94	67	53	40	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	6	7	8	5	5	8	11	16	19	27	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	6	7	8	5	5	8	11	16	19	27	—

Mar 2016

: 1,204
: 1,058
Operating Profit: 157
OPM %: 13
Other Income: 11
Interest: 3
Depreciation: 35
: 119
Tax %: 25
Net Profit: 90
EPS: 13
Dividend Payout %: 37
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6

Mar 2017

: 1,239
: 1,096
Operating Profit: 176
OPM %: 14
Other Income: 32
Interest: 2
Depreciation: 33
: 141
Tax %: 31
Net Profit: 97
EPS: 1
Dividend Payout %: 66
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7

Mar 2018

: 1,336
: 1,157
Operating Profit: 194
OPM %: 14
Other Income: 15
Interest: 2
Depreciation: 28
: 164
Tax %: 31
Net Profit: 114
EPS: 16
Dividend Payout %: 61
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 8
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 8

Mar 2019

: 1,567
: 1,391
Operating Profit: 186
OPM %: 12
Other Income: 10
Interest: 4
Depreciation: 29
: 153
Tax %: 45
Net Profit: 83
EPS: 10
Dividend Payout %: 83
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2020

: 1,422
: 1,300
Operating Profit: 147
OPM %: 10
Other Income: 25
Interest: 3
Depreciation: 33
: 111
Tax %: 31
Net Profit: 77
EPS: 11
Dividend Payout %: 187
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2021

: 1,533
: 1,354
Operating Profit: 187
OPM %: 12
Other Income: 9
Interest: 4
Depreciation: 34
: 150
Tax %: 24
Net Profit: 114
EPS: 16
Dividend Payout %: 13
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 8
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 8

Mar 2022

: 1,958
: 1,686
Operating Profit: 277
OPM %: 14
Other Income: 5
Interest: 5
Depreciation: 48
: 224
Tax %: 32
Net Profit: 152
EPS: 21
Dividend Payout %: 94
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 11
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 11

Mar 2023

: 2,332
: 1,968
Operating Profit: 380
OPM %: 16
Other Income: 16
Interest: 13
Depreciation: 56
: 311
Tax %: 24
Net Profit: 236
EPS: 33
Dividend Payout %: 67
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 16
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 16

Mar 2024

: 2,768
: 2,346
Operating Profit: 460
OPM %: 17
Other Income: 38
Interest: 21
Depreciation: 76
: 363
Tax %: 25
Net Profit: 271
EPS: 38
Dividend Payout %: 53
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 19
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 19

Mar 2025

: 3,213
: 2,601
Operating Profit: 654
OPM %: 20
Other Income: 43
Interest: 26
Depreciation: 94
: 534
Tax %: 27
Net Profit: 392
EPS: 27
Dividend Payout %: 40
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 27
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 27

TTM

: 4,088
: 3,438
Operating Profit: —
OPM %: —
Other Income: 91
Interest: 21
Depreciation: 145
: 659
Tax %: 25
Net Profit: 495
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 11%
5 Years:: 18%
3 Years:: 18%

COMPOUNDED PROFIT GROWTH

10 Years:: 16%
5 Years:: 39%
3 Years:: 37%

STOCK PRICE CAGR

10 Years:: 19%
5 Years:: 47%
3 Years:: 35%
1 Year:: 6%

RETURN ON EQUITY

10 Years:: 18%
5 Years:: 23%
3 Years:: 28%
Last Year:: 33%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	14	14	14	14	14	14	14	14	14	29
	674	705	793	818	696	814	967	987	1,037	1,274
	36	38	33	33	85	8	15	253	183	291
Trade Payables	122	96	182	256	222	285	303	349	397	609
	110	115	175	73	71	66	202	251	351	540
Total Liabilities	956	969	1,198	1,195	1,089	1,187	1,502	1,855	1,982	2,744
ASSETS	-	-	-	-	-	-	-	-	-	-
	221	192	191	184	193	190	297	359	454	516
Capital Work in Progress	3	4	13	13	3	1	15	18	10	5
	1	91	24	69	9	1	1	0	0	38
	327	322	439	479	476	564	720	995	922	1,381
	0	0	0	0	0	0	0	0	481	611
Cash & Bank	108	85	200	127	70	123	82	18	63	119
	295	275	330	323	337	309	388	464	52	73
Total Assets	956	969	1,198	1,195	1,089	1,187	1,502	1,855	1,982	2,744
Total Debt	36	38	34	40	92	14	20	292	222	318
Net Working Capital	444	519	603	655	540	677	795	805	835	1,092
Contingent Liabilities	13	21	24	26	19	17	17	18	19	25
Book Value per Share	96.09	100.53	112.86	116.35	99.20	115.76	137.19	139.96	146.95	91.05
Face Value	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Total Debt	36	38	34	40	92	14	20	292	222	318
Net Working Capital	444	519	603	655	540	677	795	805	835	1,092
Contingent Liabilities	13	21	24	26	19	17	17	18	19	25
Book Value per Share	96.09	100.53	112.86	116.35	99.20	115.76	137.19	139.96	146.95	91.05
Face Value	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00

Mar 2016

Equity Capital: 14
: 674
: 36
Trade Payables: 122
: 110
Total Liabilities: 956
: 221
Capital Work in Progress: 3
: 1
: 327
: 0
Cash & Bank: 108
: 295
Total Assets: 956
Total Debt: 36
Net Working Capital: 444
Contingent Liabilities: 13
Book Value per Share: 96.09
Face Value: 2.00
Total Debt: 36
Net Working Capital: 444
Contingent Liabilities: 13
Book Value per Share: 96.09
Face Value: 2.00

Mar 2017

Equity Capital: 14
: 705
: 38
Trade Payables: 96
: 115
Total Liabilities: 969
: 192
Capital Work in Progress: 4
: 91
: 322
: 0
Cash & Bank: 85
: 275
Total Assets: 969
Total Debt: 38
Net Working Capital: 519
Contingent Liabilities: 21
Book Value per Share: 100.53
Face Value: 2.00
Total Debt: 38
Net Working Capital: 519
Contingent Liabilities: 21
Book Value per Share: 100.53
Face Value: 2.00

Mar 2018

Equity Capital: 14
: 793
: 33
Trade Payables: 182
: 175
Total Liabilities: 1,198
: 191
Capital Work in Progress: 13
: 24
: 439
: 0
Cash & Bank: 200
: 330
Total Assets: 1,198
Total Debt: 34
Net Working Capital: 603
Contingent Liabilities: 24
Book Value per Share: 112.86
Face Value: 2.00
Total Debt: 34
Net Working Capital: 603
Contingent Liabilities: 24
Book Value per Share: 112.86
Face Value: 2.00

Mar 2019

Equity Capital: 14
: 818
: 33
Trade Payables: 256
: 73
Total Liabilities: 1,195
: 184
Capital Work in Progress: 13
: 69
: 479
: 0
Cash & Bank: 127
: 323
Total Assets: 1,195
Total Debt: 40
Net Working Capital: 655
Contingent Liabilities: 26
Book Value per Share: 116.35
Face Value: 2.00
Total Debt: 40
Net Working Capital: 655
Contingent Liabilities: 26
Book Value per Share: 116.35
Face Value: 2.00

Mar 2020

Equity Capital: 14
: 696
: 85
Trade Payables: 222
: 71
Total Liabilities: 1,089
: 193
Capital Work in Progress: 3
: 9
: 476
: 0
Cash & Bank: 70
: 337
Total Assets: 1,089
Total Debt: 92
Net Working Capital: 540
Contingent Liabilities: 19
Book Value per Share: 99.20
Face Value: 2.00
Total Debt: 92
Net Working Capital: 540
Contingent Liabilities: 19
Book Value per Share: 99.20
Face Value: 2.00

Mar 2021

Equity Capital: 14
: 814
: 8
Trade Payables: 285
: 66
Total Liabilities: 1,187
: 190
Capital Work in Progress: 1
: 1
: 564
: 0
Cash & Bank: 123
: 309
Total Assets: 1,187
Total Debt: 14
Net Working Capital: 677
Contingent Liabilities: 17
Book Value per Share: 115.76
Face Value: 2.00
Total Debt: 14
Net Working Capital: 677
Contingent Liabilities: 17
Book Value per Share: 115.76
Face Value: 2.00

Mar 2022

Equity Capital: 14
: 967
: 15
Trade Payables: 303
: 202
Total Liabilities: 1,502
: 297
Capital Work in Progress: 15
: 1
: 720
: 0
Cash & Bank: 82
: 388
Total Assets: 1,502
Total Debt: 20
Net Working Capital: 795
Contingent Liabilities: 17
Book Value per Share: 137.19
Face Value: 2.00
Total Debt: 20
Net Working Capital: 795
Contingent Liabilities: 17
Book Value per Share: 137.19
Face Value: 2.00

Mar 2023

Equity Capital: 14
: 987
: 253
Trade Payables: 349
: 251
Total Liabilities: 1,855
: 359
Capital Work in Progress: 18
: 0
: 995
: 0
Cash & Bank: 18
: 464
Total Assets: 1,855
Total Debt: 292
Net Working Capital: 805
Contingent Liabilities: 18
Book Value per Share: 139.96
Face Value: 2.00
Total Debt: 292
Net Working Capital: 805
Contingent Liabilities: 18
Book Value per Share: 139.96
Face Value: 2.00

Mar 2024

Equity Capital: 14
: 1,037
: 183
Trade Payables: 397
: 351
Total Liabilities: 1,982
: 454
Capital Work in Progress: 10
: 0
: 922
: 481
Cash & Bank: 63
: 52
Total Assets: 1,982
Total Debt: 222
Net Working Capital: 835
Contingent Liabilities: 19
Book Value per Share: 146.95
Face Value: 2.00
Total Debt: 222
Net Working Capital: 835
Contingent Liabilities: 19
Book Value per Share: 146.95
Face Value: 2.00

Mar 2025

Equity Capital: 29
: 1,274
: 291
Trade Payables: 609
: 540
Total Liabilities: 2,744
: 516
Capital Work in Progress: 5
: 38
: 1,381
: 611
Cash & Bank: 119
: 73
Total Assets: 2,744
Total Debt: 318
Net Working Capital: 1,092
Contingent Liabilities: 25
Book Value per Share: 91.05
Face Value: 2.00
Total Debt: 318
Net Working Capital: 1,092
Contingent Liabilities: 25
Book Value per Share: 91.05
Face Value: 2.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	68	90	99	62	52	157	57	-41	458	164
Cash from Investing	-17	-59	-22	-52	149	-59	-104	-23	-114	-73
Cash from Financing	-6	-61	-68	-49	-153	-78	-11	59	-339	-89
	46	-30	9	-39	49	20	-58	-6	5	3
Free Cash Flow	30	90	18	62	1	143	-13	-166	299	17
OCF / Net Profit	0.76	0.93	0.87	0.75	0.68	1.38	0.38	-0.18	1.69	0.42
Cumulative 5-Year FCF	0	0	0	0	202	314	210	26	263	279
OCF / Net Profit	0.76	0.93	0.87	0.75	0.68	1.38	0.38	-0.18	1.69	0.42
Cumulative 5-Year FCF	0	0	0	0	202	314	210	26	263	279

Mar 2016

: 68
Cash from Investing: -17
Cash from Financing: -6
: 46
Free Cash Flow: 30
OCF / Net Profit: 0.76
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.76
Cumulative 5-Year FCF: 0

Mar 2017

: 90
Cash from Investing: -59
Cash from Financing: -61
: -30
Free Cash Flow: 90
OCF / Net Profit: 0.93
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.93
Cumulative 5-Year FCF: 0

Mar 2018

: 99
Cash from Investing: -22
Cash from Financing: -68
: 9
Free Cash Flow: 18
OCF / Net Profit: 0.87
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.87
Cumulative 5-Year FCF: 0

Mar 2019

: 62
Cash from Investing: -52
Cash from Financing: -49
: -39
Free Cash Flow: 62
OCF / Net Profit: 0.75
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.75
Cumulative 5-Year FCF: 0

Mar 2020

: 52
Cash from Investing: 149
Cash from Financing: -153
: 49
Free Cash Flow: 1
OCF / Net Profit: 0.68
Cumulative 5-Year FCF: 202
OCF / Net Profit: 0.68
Cumulative 5-Year FCF: 202

Mar 2021

: 157
Cash from Investing: -59
Cash from Financing: -78
: 20
Free Cash Flow: 143
OCF / Net Profit: 1.38
Cumulative 5-Year FCF: 314
OCF / Net Profit: 1.38
Cumulative 5-Year FCF: 314

Mar 2022

: 57
Cash from Investing: -104
Cash from Financing: -11
: -58
Free Cash Flow: -13
OCF / Net Profit: 0.38
Cumulative 5-Year FCF: 210
OCF / Net Profit: 0.38
Cumulative 5-Year FCF: 210

Mar 2023

: -41
Cash from Investing: -23
Cash from Financing: 59
: -6
Free Cash Flow: -166
OCF / Net Profit: -0.18
Cumulative 5-Year FCF: 26
OCF / Net Profit: -0.18
Cumulative 5-Year FCF: 26

Mar 2024

: 458
Cash from Investing: -114
Cash from Financing: -339
: 5
Free Cash Flow: 299
OCF / Net Profit: 1.69
Cumulative 5-Year FCF: 263
OCF / Net Profit: 1.69
Cumulative 5-Year FCF: 263

Mar 2025

: 164
Cash from Investing: -73
Cash from Financing: -89
: 3
Free Cash Flow: 17
OCF / Net Profit: 0.42
Cumulative 5-Year FCF: 279
OCF / Net Profit: 0.42
Cumulative 5-Year FCF: 279

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	12.57	13.59	16.33	9.66	10.71	15.90	21.31	32.94	37.95	27.39
Book Value (₹)	96.09	100.53	112.86	116.35	99.20	115.76	137.19	139.96	146.95	91.05
Dividend per Share (₹)	4.60	9.00	10.00	8.00	20.00	2.00	20.00	22.00	20.00	11.00
Cash EPS (₹)	8.71	9.13	9.90	7.87	7.64	10.31	14.00	20.41	24.29	33.99
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	12.47%	13.53%	14.33%	11.87%	10.36%	12.21%	14.14%	16.29%	15.26%	19.02%
Net Margin %	7.12%	7.47%	8.43%	5.32%	5.38%	7.42%	7.79%	10.10%	9.80%	12.20%
ROE %	13.76%	13.83%	14.94%	10.17%	9.93%	14.79%	16.85%	23.77%	26.45%	33.30%
ROCE %	17.80%	19.28%	20.77%	18.31%	13.69%	18.68%	24.85%	28.20%	29.95%	38.70%
	10.13%	10.10%	10.52%	6.97%	6.71%	10.00%	11.34%	14.04%	14.15%	16.58%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	57	60	62	62	73	67	55	58	59	62
Inventory Days	84	91	103	107	123	124	120	134	126	131
Payable Days	56	58	69	87	106	105	92	89	85	105
	85	93	96	81	89	86	83	103	100	88
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.05x	0.05x	0.04x	0.05x	0.13x	0.02x	0.02x	0.29x	0.21x	0.24x
Interest Coverage (x)	37.89x	73.01x	93.94x	36.79x	37.00x	42.42x	43.58x	25.71x	17.98x	21.84x
	2.78x	3.55x	2.80x	3.18x	2.70x	3.21x	3.17x	2.24x	2.24x	1.98x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	6.69%	2.91%	7.77%	17.30%	-9.23%	7.77%	27.75%	19.10%	18.72%	16.04%
Operating Profit Growth %	1.50%	11.89%	9.96%	-3.94%	-20.79%	27.01%	47.96%	37.15%	21.15%	42.20%
Net Profit Growth %	2.55%	8.14%	17.24%	-26.89%	-8.09%	48.51%	34.03%	54.56%	15.20%	44.37%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	15.20%	-27.82%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	7.84x	12.59x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	4.05x	3.79x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.36%	3.19%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	9.59x	7.84x

Mar 2016

EPS (₹): 12.57
Book Value (₹): 96.09
Dividend per Share (₹): 4.60
Cash EPS (₹): 8.71
Operating Margin %: 12.47%
Net Margin %: 7.12%
ROE %: 13.76%
ROCE %: 17.80%
: 10.13%
Debtor Days: 57
Inventory Days: 84
Payable Days: 56
: 85
Debt to Equity (x): 0.05x
Interest Coverage (x): 37.89x
: 2.78x
Revenue Growth %: 6.69%
Operating Profit Growth %: 1.50%
Net Profit Growth %: 2.55%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2017

EPS (₹): 13.59
Book Value (₹): 100.53
Dividend per Share (₹): 9.00
Cash EPS (₹): 9.13
Operating Margin %: 13.53%
Net Margin %: 7.47%
ROE %: 13.83%
ROCE %: 19.28%
: 10.10%
Debtor Days: 60
Inventory Days: 91
Payable Days: 58
: 93
Debt to Equity (x): 0.05x
Interest Coverage (x): 73.01x
: 3.55x
Revenue Growth %: 2.91%
Operating Profit Growth %: 11.89%
Net Profit Growth %: 8.14%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 16.33
Book Value (₹): 112.86
Dividend per Share (₹): 10.00
Cash EPS (₹): 9.90
Operating Margin %: 14.33%
Net Margin %: 8.43%
ROE %: 14.94%
ROCE %: 20.77%
: 10.52%
Debtor Days: 62
Inventory Days: 103
Payable Days: 69
: 96
Debt to Equity (x): 0.04x
Interest Coverage (x): 93.94x
: 2.80x
Revenue Growth %: 7.77%
Operating Profit Growth %: 9.96%
Net Profit Growth %: 17.24%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 9.66
Book Value (₹): 116.35
Dividend per Share (₹): 8.00
Cash EPS (₹): 7.87
Operating Margin %: 11.87%
Net Margin %: 5.32%
ROE %: 10.17%
ROCE %: 18.31%
: 6.97%
Debtor Days: 62
Inventory Days: 107
Payable Days: 87
: 81
Debt to Equity (x): 0.05x
Interest Coverage (x): 36.79x
: 3.18x
Revenue Growth %: 17.30%
Operating Profit Growth %: -3.94%
Net Profit Growth %: -26.89%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 10.71
Book Value (₹): 99.20
Dividend per Share (₹): 20.00
Cash EPS (₹): 7.64
Operating Margin %: 10.36%
Net Margin %: 5.38%
ROE %: 9.93%
ROCE %: 13.69%
: 6.71%
Debtor Days: 73
Inventory Days: 123
Payable Days: 106
: 89
Debt to Equity (x): 0.13x
Interest Coverage (x): 37.00x
: 2.70x
Revenue Growth %: -9.23%
Operating Profit Growth %: -20.79%
Net Profit Growth %: -8.09%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 15.90
Book Value (₹): 115.76
Dividend per Share (₹): 2.00
Cash EPS (₹): 10.31
Operating Margin %: 12.21%
Net Margin %: 7.42%
ROE %: 14.79%
ROCE %: 18.68%
: 10.00%
Debtor Days: 67
Inventory Days: 124
Payable Days: 105
: 86
Debt to Equity (x): 0.02x
Interest Coverage (x): 42.42x
: 3.21x
Revenue Growth %: 7.77%
Operating Profit Growth %: 27.01%
Net Profit Growth %: 48.51%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 21.31
Book Value (₹): 137.19
Dividend per Share (₹): 20.00
Cash EPS (₹): 14.00
Operating Margin %: 14.14%
Net Margin %: 7.79%
ROE %: 16.85%
ROCE %: 24.85%
: 11.34%
Debtor Days: 55
Inventory Days: 120
Payable Days: 92
: 83
Debt to Equity (x): 0.02x
Interest Coverage (x): 43.58x
: 3.17x
Revenue Growth %: 27.75%
Operating Profit Growth %: 47.96%
Net Profit Growth %: 34.03%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 32.94
Book Value (₹): 139.96
Dividend per Share (₹): 22.00
Cash EPS (₹): 20.41
Operating Margin %: 16.29%
Net Margin %: 10.10%
ROE %: 23.77%
ROCE %: 28.20%
: 14.04%
Debtor Days: 58
Inventory Days: 134
Payable Days: 89
: 103
Debt to Equity (x): 0.29x
Interest Coverage (x): 25.71x
: 2.24x
Revenue Growth %: 19.10%
Operating Profit Growth %: 37.15%
Net Profit Growth %: 54.56%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 37.95
Book Value (₹): 146.95
Dividend per Share (₹): 20.00
Cash EPS (₹): 24.29
Operating Margin %: 15.26%
Net Margin %: 9.80%
ROE %: 26.45%
ROCE %: 29.95%
: 14.15%
Debtor Days: 59
Inventory Days: 126
Payable Days: 85
: 100
Debt to Equity (x): 0.21x
Interest Coverage (x): 17.98x
: 2.24x
Revenue Growth %: 18.72%
Operating Profit Growth %: 21.15%
Net Profit Growth %: 15.20%
: 15.20%
P/E (x): 7.84x
P/B (x): 4.05x
Dividend Yield %: 3.36%
: 9.59x

Mar 2025

EPS (₹): 27.39
Book Value (₹): 91.05
Dividend per Share (₹): 11.00
Cash EPS (₹): 33.99
Operating Margin %: 19.02%
Net Margin %: 12.20%
ROE %: 33.30%
ROCE %: 38.70%
: 16.58%
Debtor Days: 62
Inventory Days: 131
Payable Days: 105
: 88
Debt to Equity (x): 0.24x
Interest Coverage (x): 21.84x
: 1.98x
Revenue Growth %: 16.04%
Operating Profit Growth %: 42.20%
Net Profit Growth %: 44.37%
: -27.82%
P/E (x): 12.59x
P/B (x): 3.79x
Dividend Yield %: 3.19%
: 7.84x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	67.88	67.88	67.88	67.88	67.88	67.88	67.88	67.88	67.88
	3.21	3.08	3.76	3.88	3.83	4.40	4.00	4.06	3.91
	0.14	0.18	0.21	0.17	0.43	0.29	0.22	0.22	0.24
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	28.77	28.85	28.14	28.07	27.85	27.42	27.88	27.83	27.97

Jun 2024

: 67.88
: 3.21
: 0.14
Government: 0.00
: 28.77

Sep 2024

: 67.88
: 3.08
: 0.18
Government: 0.00
: 28.85

Dec 2024

: 67.88
: 3.76
: 0.21
Government: 0.00
: 28.14

Mar 2025

: 67.88
: 3.88
: 0.17
Government: 0.00
: 28.07

Jun 2025

: 67.88
: 3.83
: 0.43
Government: 0.00
: 27.85

Sep 2025

: 67.88
: 4.40
: 0.29
Government: 0.00
: 27.42

Dec 2025

: 67.88
: 4.00
: 0.22
Government: 0.00
: 27.88

Mar 2026

: 67.88
: 4.06
: 0.22
Government: 0.00
: 27.83

Jun 2026

: 67.88
: 3.91
: 0.24
Government: 0.00
: 27.97

Documents

Announcements

Updates
2026-08-17 - Banco Products (I) Limited has informed the Exchange regarding ''. Intimation of Record date for payment of Dividend
Copy of Newspaper Publication
2026-08-13 - Banco Products (I) Limited has informed the Exchange about Copy of Newspaper Publication

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.