Banco Products (India) Ltd.
•₹ 623.7-0.28%
2026-08-21
PROS
- Company has delivered good profit growth of 30.8% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 39.8%
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.3%
- Company has been maintaining a healthy dividend payout of 59.1%
CONS
- A large part of profit comes from other income (46.3% of PBT)
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.41x)
- Total debt has risen sharply - up 53.1% year on year
- Stock is trading at 5.8x its book value
- Effective tax rate is unusually low at 14.4% - earnings may be flattered
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| 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 | 169.50 | 40.85 | 178897.80 | 0.35 | 1075.66 | 77.48 | 35243.77 | 17.70 | 13.63 | 8.86 |
| 2. | BOSCHLTD | 48580.00 | 60.63 | 143292.05 | 0.56 | 706.10 | -36.74 | 5841.90 | 22.00 | 25.60 | 14.08 |
| 3. | UNOMINDA | 1262.25 | 60.63 | 72890.80 | 0.21 | 315.51 | 2.10 | 5556.85 | 23.79 | 20.74 | 11.14 |
| 4. | TIINDIA | 2927.50 | 93.43 | 56668.30 | 0.12 | 293.96 | -3.04 | 6215.33 | 20.20 | 27.33 | 8.81 |
| 5. | SONACOMS | 823.35 | 73.81 | 51368.04 | 0.41 | 178.51 | 46.67 | 1301.20 | 52.38 | 14.75 | 22.55 |
| 6. | ENDURANCE | 3000.05 | 43.51 | 42199.56 | 0.38 | 244.52 | 8.03 | 4314.89 | 30.01 | 18.33 | 12.42 |
| 7. | ZFCVINDIA | 2620.95 | 59.75 | 29827.85 | 0.03 | 1044.78 | 753.75 | 10661.76 | 992.89 | 20.23 | 12.93 |
| 8. | CRAFTSMAN | 10681.30 | 60.09 | 27936.33 | 0.11 | 150.55 | 116.31 | 2431.58 | 36.30 | 14.65 | 15.81 |
| 9. | MSUMI | 39.18 | 0.00 | 25982.85 | 1.48 | 1453.20 | 915.51 | 34072.60 | 1273.43 | 43.72 | 7.58 |
| 10. | GABRIEL | 1436.35 | 85.52 | 25456.43 | 0.35 | 108.13 | 74.48 | 1425.68 | 29.80 | 26.37 | 11.71 |
| 11. | SANSERA | 3893.25 | 69.73 | 24295.27 | 0.10 | 87.36 | 38.71 | 1021.26 | 33.27 | 13.97 | 19.18 |
| 12. | BANCOINDIA | 625.70 | 18.10 | 8949.84 | 2.40 | 122.38 | 11.74 | 1183.90 | 22.92 | 38.70 | 18.00 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 266 | 237 | 230 | 259 | 253 | 278 | 253 | 304 | 297 | 283 | 296 | 350 | 342 | |
| 215 | 200 | 194 | 222 | 212 | 231 | 214 | 251 | 242 | 240 | 257 | 299 | 285 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 72 | 5 | 37 | 28 | 1 | 6 | 35 | 102 | 11 | 109 | 5 | 166 | 3 |
| Interest | 0 | 0 | 0 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
| Depreciation | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| 124 | 41 | 71 | 62 | 38 | 51 | 71 | 152 | 64 | 149 | 41 | 215 | 60 | |
| Tax % | 10.82% | 24.97% | 13.94% | 13.94% | 25.95% | 25.09% | 11.01% | 9.66% | 24.83% | 7.70% | 24.55% | 6.30% | 25.19% |
| Net Profit | 110 | 31 | 61 | 53 | 28 | 38 | 63 | 137 | 48 | 138 | 31 | 202 | 45 |
| 15 | 4 | 4 | 4 | 2 | 3 | 4 | 10 | 3 | 10 | 2 | 14 | 0 | |
| 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
- 266
- 215
- Operating Profit
- —
- OPM %
- —
- Other Income
- 72
- Interest
- 0
- Depreciation
- 6
- 124
- Tax %
- 10.82%
- Net Profit
- 110
- 15
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 237
- 200
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 6
- 41
- Tax %
- 24.97%
- Net Profit
- 31
- 4
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 230
- 194
- Operating Profit
- —
- OPM %
- —
- Other Income
- 37
- Interest
- 0
- Depreciation
- 6
- 71
- Tax %
- 13.94%
- Net Profit
- 61
- 4
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 259
- 222
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 1
- Depreciation
- 6
- 62
- Tax %
- 13.94%
- Net Profit
- 53
- 4
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 253
- 212
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 6
- 38
- Tax %
- 25.95%
- Net Profit
- 28
- 2
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 278
- 231
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 6
- 51
- Tax %
- 25.09%
- Net Profit
- 38
- 3
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 253
- 214
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 0
- Depreciation
- 7
- 71
- Tax %
- 11.01%
- Net Profit
- 63
- 4
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 304
- 251
- Operating Profit
- —
- OPM %
- —
- Other Income
- 102
- Interest
- 0
- Depreciation
- 7
- 152
- Tax %
- 9.66%
- Net Profit
- 137
- 10
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 297
- 242
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 0
- Depreciation
- 7
- 64
- Tax %
- 24.83%
- Net Profit
- 48
- 3
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 283
- 240
- Operating Profit
- —
- OPM %
- —
- Other Income
- 109
- Interest
- 0
- Depreciation
- 7
- 149
- Tax %
- 7.70%
- Net Profit
- 138
- 10
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 296
- 257
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 7
- 41
- Tax %
- 24.55%
- Net Profit
- 31
- 2
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 350
- 299
- Operating Profit
- —
- OPM %
- —
- Other Income
- 166
- Interest
- -0
- Depreciation
- 7
- 215
- Tax %
- 6.30%
- Net Profit
- 202
- 14
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 342
- 285
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 7
- 60
- Tax %
- 25.19%
- Net Profit
- 45
- 0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 493 | 510 | 619 | 736 | 598 | 654 | 795 | 1,004 | 1,011 | 1,105 | 1,271 | |
| 400 | 417 | 525 | 635 | 524 | 537 | 694 | 834 | 831 | 909 | 1,081 | |
| Operating Profit | 124 | 154 | 164 | 184 | 121 | 125 | 130 | 302 | 323 | 340 | — |
| OPM % | 25 | 30 | 27 | 25 | 20 | 19 | 16 | 30 | 32 | 31 | — |
| Other Income | 32 | 61 | 70 | 83 | 46 | 8 | 29 | 132 | 142 | 144 | 283 |
| Interest | 2 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 1 | 3 | 1 |
| Depreciation | 19 | 17 | 17 | 18 | 20 | 20 | 20 | 21 | 24 | 26 | 29 |
| 104 | 137 | 147 | 174 | 101 | 104 | 110 | 281 | 297 | 311 | 466 | |
| Tax % | 21 | 20 | 19 | 29 | 31 | 23 | 22 | 13 | 14 | 14 | 11 |
| Net Profit | 82 | 110 | 120 | 123 | 70 | 80 | 86 | 246 | 255 | 266 | 415 |
| EPS | 11 | 15 | 17 | 17 | 10 | 11 | 12 | 34 | 36 | 19 | — |
| Dividend Payout % | 40 | 59 | 60 | 47 | 206 | 18 | 167 | 64 | 56 | 59 | — |
| 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 | 8 | 8 | 9 | 5 | 6 | 6 | 17 | 18 | 19 | — |
| 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 | 8 | 8 | 9 | 5 | 6 | 6 | 17 | 18 | 19 | — |
Mar 2016
- 493
- 400
- Operating Profit
- 124
- OPM %
- 25
- Other Income
- 32
- Interest
- 2
- Depreciation
- 19
- 104
- Tax %
- 21
- Net Profit
- 82
- EPS
- 11
- Dividend Payout %
- 40
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2017
- 510
- 417
- Operating Profit
- 154
- OPM %
- 30
- Other Income
- 61
- Interest
- 0
- Depreciation
- 17
- 137
- Tax %
- 20
- Net Profit
- 110
- EPS
- 15
- Dividend Payout %
- 59
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2018
- 619
- 525
- Operating Profit
- 164
- OPM %
- 27
- Other Income
- 70
- Interest
- 0
- Depreciation
- 17
- 147
- Tax %
- 19
- Net Profit
- 120
- EPS
- 17
- Dividend Payout %
- 60
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2019
- 736
- 635
- Operating Profit
- 184
- OPM %
- 25
- Other Income
- 83
- Interest
- 1
- Depreciation
- 18
- 174
- Tax %
- 29
- Net Profit
- 123
- EPS
- 17
- Dividend Payout %
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2020
- 598
- 524
- Operating Profit
- 121
- OPM %
- 20
- Other Income
- 46
- Interest
- 0
- Depreciation
- 20
- 101
- Tax %
- 31
- Net Profit
- 70
- EPS
- 10
- Dividend Payout %
- 206
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2021
- 654
- 537
- Operating Profit
- 125
- OPM %
- 19
- Other Income
- 8
- Interest
- 1
- Depreciation
- 20
- 104
- Tax %
- 23
- Net Profit
- 80
- EPS
- 11
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2022
- 795
- 694
- Operating Profit
- 130
- OPM %
- 16
- Other Income
- 29
- Interest
- 0
- Depreciation
- 20
- 110
- Tax %
- 22
- Net Profit
- 86
- EPS
- 12
- Dividend Payout %
- 167
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 1,004
- 834
- Operating Profit
- 302
- OPM %
- 30
- Other Income
- 132
- Interest
- 0
- Depreciation
- 21
- 281
- Tax %
- 13
- Net Profit
- 246
- EPS
- 34
- Dividend Payout %
- 64
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2024
- 1,011
- 831
- Operating Profit
- 323
- OPM %
- 32
- Other Income
- 142
- Interest
- 1
- Depreciation
- 24
- 297
- Tax %
- 14
- Net Profit
- 255
- EPS
- 36
- Dividend Payout %
- 56
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2025
- 1,105
- 909
- Operating Profit
- 340
- OPM %
- 31
- Other Income
- 144
- Interest
- 3
- Depreciation
- 26
- 311
- Tax %
- 14
- Net Profit
- 266
- EPS
- 19
- Dividend Payout %
- 59
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
TTM
- 1,271
- 1,081
- Operating Profit
- —
- OPM %
- —
- Other Income
- 283
- Interest
- 1
- Depreciation
- 29
- 466
- Tax %
- 11
- Net Profit
- 415
- 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:
- 10%
- 5 Years:
- 13%
- 3 Years:
- 12%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 20%
- 5 Years:
- 31%
- 3 Years:
- 46%
STOCK PRICE CAGR
- 10 Years:
- 19%
- 5 Years:
- 47%
- 3 Years:
- 34%
- 1 Year:
- 7%
RETURN ON EQUITY
- 10 Years:
- 22%
- 5 Years:
- 26%
- 3 Years:
- 34%
- Last Year:
- 33%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 440 | 540 | 601 | 649 | 521 | 601 | 671 | 716 | 728 | 822 | |
| 2 | 2 | 2 | 3 | 3 | 3 | 0 | 0 | 5 | 7 | |
| Trade Payables | 40 | 39 | 68 | 72 | 58 | 94 | 76 | 86 | 83 | 102 |
| 60 | 16 | 49 | 16 | 18 | 21 | 23 | 27 | 25 | 118 | |
| Total Liabilities | 556 | 612 | 735 | 755 | 613 | 733 | 785 | 844 | 855 | 1,078 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 120 | 112 | 112 | 131 | 128 | 126 | 134 | 150 | 153 | 164 | |
| Capital Work in Progress | 0 | 1 | 7 | 2 | 2 | 0 | 6 | 2 | 8 | 2 |
| 163 | 253 | 186 | 215 | 155 | 147 | 151 | 155 | 160 | 221 | |
| 85 | 94 | 136 | 127 | 102 | 156 | 196 | 249 | 261 | 277 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 202 | 269 | |
| Cash & Bank | 73 | 37 | 140 | 119 | 61 | 107 | 67 | 16 | 26 | 113 |
| 114 | 115 | 154 | 162 | 165 | 198 | 230 | 271 | 45 | 32 | |
| Total Assets | 556 | 612 | 735 | 755 | 613 | 733 | 785 | 844 | 855 | 1,078 |
| Total Debt | 2 | 2 | 2 | 3 | 3 | 3 | 0 | 0 | 5 | 7 |
| Net Working Capital | 176 | 251 | 286 | 352 | 248 | 342 | 389 | 409 | 416 | 496 |
| Contingent Liabilities | 12 | 19 | 21 | 23 | 18 | 15 | 16 | 17 | 16 | 17 |
| Book Value per Share | 63.39 | 77.48 | 85.97 | 92.70 | 74.71 | 85.94 | 95.77 | 102.10 | 103.71 | 59.43 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 2 | 2 | 2 | 3 | 3 | 3 | 0 | 0 | 5 | 7 |
| Net Working Capital | 176 | 251 | 286 | 352 | 248 | 342 | 389 | 409 | 416 | 496 |
| Contingent Liabilities | 12 | 19 | 21 | 23 | 18 | 15 | 16 | 17 | 16 | 17 |
| Book Value per Share | 63.39 | 77.48 | 85.97 | 92.70 | 74.71 | 85.94 | 95.77 | 102.10 | 103.71 | 59.43 |
| 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
- 440
- 2
- Trade Payables
- 40
- 60
- Total Liabilities
- 556
- 120
- Capital Work in Progress
- 0
- 163
- 85
- 0
- Cash & Bank
- 73
- 114
- Total Assets
- 556
- Total Debt
- 2
- Net Working Capital
- 176
- Contingent Liabilities
- 12
- Book Value per Share
- 63.39
- Face Value
- 2.00
- Total Debt
- 2
- Net Working Capital
- 176
- Contingent Liabilities
- 12
- Book Value per Share
- 63.39
- Face Value
- 2.00
Mar 2017
- Equity Capital
- 14
- 540
- 2
- Trade Payables
- 39
- 16
- Total Liabilities
- 612
- 112
- Capital Work in Progress
- 1
- 253
- 94
- 0
- Cash & Bank
- 37
- 115
- Total Assets
- 612
- Total Debt
- 2
- Net Working Capital
- 251
- Contingent Liabilities
- 19
- Book Value per Share
- 77.48
- Face Value
- 2.00
- Total Debt
- 2
- Net Working Capital
- 251
- Contingent Liabilities
- 19
- Book Value per Share
- 77.48
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 14
- 601
- 2
- Trade Payables
- 68
- 49
- Total Liabilities
- 735
- 112
- Capital Work in Progress
- 7
- 186
- 136
- 0
- Cash & Bank
- 140
- 154
- Total Assets
- 735
- Total Debt
- 2
- Net Working Capital
- 286
- Contingent Liabilities
- 21
- Book Value per Share
- 85.97
- Face Value
- 2.00
- Total Debt
- 2
- Net Working Capital
- 286
- Contingent Liabilities
- 21
- Book Value per Share
- 85.97
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 14
- 649
- 3
- Trade Payables
- 72
- 16
- Total Liabilities
- 755
- 131
- Capital Work in Progress
- 2
- 215
- 127
- 0
- Cash & Bank
- 119
- 162
- Total Assets
- 755
- Total Debt
- 3
- Net Working Capital
- 352
- Contingent Liabilities
- 23
- Book Value per Share
- 92.70
- Face Value
- 2.00
- Total Debt
- 3
- Net Working Capital
- 352
- Contingent Liabilities
- 23
- Book Value per Share
- 92.70
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 14
- 521
- 3
- Trade Payables
- 58
- 18
- Total Liabilities
- 613
- 128
- Capital Work in Progress
- 2
- 155
- 102
- 0
- Cash & Bank
- 61
- 165
- Total Assets
- 613
- Total Debt
- 3
- Net Working Capital
- 248
- Contingent Liabilities
- 18
- Book Value per Share
- 74.71
- Face Value
- 2.00
- Total Debt
- 3
- Net Working Capital
- 248
- Contingent Liabilities
- 18
- Book Value per Share
- 74.71
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 14
- 601
- 3
- Trade Payables
- 94
- 21
- Total Liabilities
- 733
- 126
- Capital Work in Progress
- 0
- 147
- 156
- 0
- Cash & Bank
- 107
- 198
- Total Assets
- 733
- Total Debt
- 3
- Net Working Capital
- 342
- Contingent Liabilities
- 15
- Book Value per Share
- 85.94
- Face Value
- 2.00
- Total Debt
- 3
- Net Working Capital
- 342
- Contingent Liabilities
- 15
- Book Value per Share
- 85.94
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 14
- 671
- 0
- Trade Payables
- 76
- 23
- Total Liabilities
- 785
- 134
- Capital Work in Progress
- 6
- 151
- 196
- 0
- Cash & Bank
- 67
- 230
- Total Assets
- 785
- Total Debt
- 0
- Net Working Capital
- 389
- Contingent Liabilities
- 16
- Book Value per Share
- 95.77
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 389
- Contingent Liabilities
- 16
- Book Value per Share
- 95.77
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 14
- 716
- 0
- Trade Payables
- 86
- 27
- Total Liabilities
- 844
- 150
- Capital Work in Progress
- 2
- 155
- 249
- 0
- Cash & Bank
- 16
- 271
- Total Assets
- 844
- Total Debt
- 0
- Net Working Capital
- 409
- Contingent Liabilities
- 17
- Book Value per Share
- 102.10
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 409
- Contingent Liabilities
- 17
- Book Value per Share
- 102.10
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 14
- 728
- 5
- Trade Payables
- 83
- 25
- Total Liabilities
- 855
- 153
- Capital Work in Progress
- 8
- 160
- 261
- 202
- Cash & Bank
- 26
- 45
- Total Assets
- 855
- Total Debt
- 5
- Net Working Capital
- 416
- Contingent Liabilities
- 16
- Book Value per Share
- 103.71
- Face Value
- 2.00
- Total Debt
- 5
- Net Working Capital
- 416
- Contingent Liabilities
- 16
- Book Value per Share
- 103.71
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 29
- 822
- 7
- Trade Payables
- 102
- 118
- Total Liabilities
- 1,078
- 164
- Capital Work in Progress
- 2
- 221
- 277
- 269
- Cash & Bank
- 113
- 32
- Total Assets
- 1,078
- Total Debt
- 7
- Net Working Capital
- 496
- Contingent Liabilities
- 17
- Book Value per Share
- 59.43
- Face Value
- 2.00
- Total Debt
- 7
- Net Working Capital
- 496
- Contingent Liabilities
- 17
- Book Value per Share
- 59.43
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 59 | 58 | 24 | 47 | 59 | 59 | 1 | 68 | 154 | 95 | |
| Cash from Investing | 31 | -31 | 35 | 33 | 182 | -38 | -41 | 127 | 93 | 66 |
| Cash from Financing | -45 | -70 | -59 | -79 | -194 | -1 | -15 | -201 | -244 | -160 |
| 45 | -42 | -0 | -0 | 47 | 21 | -54 | -6 | 3 | 1 | |
| Free Cash Flow | 46 | 49 | 1 | 16 | 43 | 43 | -31 | 37 | 121 | 66 |
| OCF / Net Profit | 0.72 | 0.53 | 0.20 | 0.38 | 0.85 | 0.74 | 0.02 | 0.28 | 0.60 | 0.36 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 155 | 151 | 71 | 107 | 213 | 236 |
| OCF / Net Profit | 0.72 | 0.53 | 0.20 | 0.38 | 0.85 | 0.74 | 0.02 | 0.28 | 0.60 | 0.36 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 155 | 151 | 71 | 107 | 213 | 236 |
Mar 2016
- 59
- Cash from Investing
- 31
- Cash from Financing
- -45
- 45
- Free Cash Flow
- 46
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 0
Mar 2017
- 58
- Cash from Investing
- -31
- Cash from Financing
- -70
- -42
- Free Cash Flow
- 49
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- 0
Mar 2018
- 24
- Cash from Investing
- 35
- Cash from Financing
- -59
- -0
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.20
- Cumulative 5-Year FCF
- 0
Mar 2019
- 47
- Cash from Investing
- 33
- Cash from Financing
- -79
- -0
- Free Cash Flow
- 16
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
Mar 2020
- 59
- Cash from Investing
- 182
- Cash from Financing
- -194
- 47
- Free Cash Flow
- 43
- OCF / Net Profit
- 0.85
- Cumulative 5-Year FCF
- 155
- OCF / Net Profit
- 0.85
- Cumulative 5-Year FCF
- 155
Mar 2021
- 59
- Cash from Investing
- -38
- Cash from Financing
- -1
- 21
- Free Cash Flow
- 43
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 151
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 151
Mar 2022
- 1
- Cash from Investing
- -41
- Cash from Financing
- -15
- -54
- Free Cash Flow
- -31
- OCF / Net Profit
- 0.02
- Cumulative 5-Year FCF
- 71
- OCF / Net Profit
- 0.02
- Cumulative 5-Year FCF
- 71
Mar 2023
- 68
- Cash from Investing
- 127
- Cash from Financing
- -201
- -6
- Free Cash Flow
- 37
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- 107
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- 107
Mar 2024
- 154
- Cash from Investing
- 93
- Cash from Financing
- -244
- 3
- Free Cash Flow
- 121
- OCF / Net Profit
- 0.60
- Cumulative 5-Year FCF
- 213
- OCF / Net Profit
- 0.60
- Cumulative 5-Year FCF
- 213
Mar 2025
- 95
- Cash from Investing
- 66
- Cash from Financing
- -160
- 1
- Free Cash Flow
- 66
- OCF / Net Profit
- 0.36
- Cumulative 5-Year FCF
- 236
- OCF / Net Profit
- 0.36
- Cumulative 5-Year FCF
- 236
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 11.48 | 15.33 | 16.74 | 17.19 | 9.72 | 11.19 | 11.98 | 34.33 | 35.69 | 18.61 |
| Book Value (₹) | 63.39 | 77.48 | 85.97 | 92.70 | 74.71 | 85.94 | 95.77 | 102.10 | 103.71 | 59.43 |
| 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 (₹) | 7.07 | 8.88 | 9.54 | 9.86 | 6.26 | 6.99 | 7.37 | 18.64 | 19.54 | 20.45 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 23.18% | 27.68% | 26.01% | 24.60% | 19.80% | 18.89% | 16.22% | 29.80% | 17.54% | 17.59% |
| Net Margin % | 15.32% | 19.67% | 18.96% | 16.41% | 11.38% | 12.10% | 10.68% | 24.20% | 24.80% | 23.89% |
| ROE % | 19.06% | 21.76% | 20.48% | 19.24% | 11.61% | 13.93% | 13.18% | 34.70% | 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% |
| 15.53% | 18.77% | 17.78% | 16.50% | 10.17% | 11.89% | 11.28% | 30.16% | 30.05% | 27.55% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 59 | 63 | 61 | 60 | 83 | 87 | 83 | 77 | 77 | 77 |
| Inventory Days | 56 | 59 | 66 | 64 | 69 | 71 | 80 | 80 | 90 | 88 |
| Payable Days | 44 | 51 | 52 | 55 | 65 | 72 | 61 | 47 | 51 | 51 |
| 70 | 71 | 75 | 69 | 87 | 86 | 101 | 109 | 116 | 114 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.01x | 0.01x |
| Interest Coverage (x) | 62.88x | 339.59x | 392.82x | 121.95x | 289.39x | 170.13x | 305.79x | 815.36x | 233.80x | 117.06x |
| 2.95x | 5.22x | 3.35x | 5.22x | 4.69x | 4.31x | 5.74x | 5.13x | 5.18x | 3.32x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 17.35% | 3.47% | 21.35% | 18.95% | -18.73% | 9.23% | 21.66% | 26.23% | 0.75% | 9.26% |
| Operating Profit Growth % | 64.33% | 24.16% | 6.45% | 12.16% | -34.37% | 3.29% | 4.17% | 132.44% | 6.78% | 5.33% |
| Net Profit Growth % | 97.07% | 33.46% | 9.22% | 2.66% | -43.44% | 15.14% | 7.01% | 186.68% | 3.94% | 4.32% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.94% | -47.84% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.33x | 18.52x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.73x | 5.80x |
| 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 | 13.11x | 14.19x |
Mar 2016
- EPS (₹)
- 11.48
- Book Value (₹)
- 63.39
- Dividend per Share (₹)
- 4.60
- Cash EPS (₹)
- 7.07
- Operating Margin %
- 23.18%
- Net Margin %
- 15.32%
- ROE %
- 19.06%
- ROCE %
- 23.75%
- 15.53%
- Debtor Days
- 59
- Inventory Days
- 56
- Payable Days
- 44
- 70
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 62.88x
- 2.95x
- Revenue Growth %
- 17.35%
- Operating Profit Growth %
- 64.33%
- Net Profit Growth %
- 97.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 15.33
- Book Value (₹)
- 77.48
- Dividend per Share (₹)
- 9.00
- Cash EPS (₹)
- 8.88
- Operating Margin %
- 27.68%
- Net Margin %
- 19.67%
- ROE %
- 21.76%
- ROCE %
- 27.07%
- 18.77%
- Debtor Days
- 63
- Inventory Days
- 59
- Payable Days
- 51
- 71
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 339.59x
- 5.22x
- Revenue Growth %
- 3.47%
- Operating Profit Growth %
- 24.16%
- Net Profit Growth %
- 33.46%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 16.74
- Book Value (₹)
- 85.97
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 9.54
- Operating Margin %
- 26.01%
- Net Margin %
- 18.96%
- ROE %
- 20.48%
- ROCE %
- 25.14%
- 17.78%
- Debtor Days
- 61
- Inventory Days
- 66
- Payable Days
- 52
- 75
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 392.82x
- 3.35x
- Revenue Growth %
- 21.35%
- Operating Profit Growth %
- 6.45%
- Net Profit Growth %
- 9.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 17.19
- Book Value (₹)
- 92.70
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 9.86
- Operating Margin %
- 24.60%
- Net Margin %
- 16.41%
- ROE %
- 19.24%
- ROCE %
- 27.34%
- 16.50%
- Debtor Days
- 60
- Inventory Days
- 64
- Payable Days
- 55
- 69
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 121.95x
- 5.22x
- Revenue Growth %
- 18.95%
- Operating Profit Growth %
- 12.16%
- Net Profit Growth %
- 2.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 9.72
- Book Value (₹)
- 74.71
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 6.26
- Operating Margin %
- 19.80%
- Net Margin %
- 11.38%
- ROE %
- 11.61%
- ROCE %
- 16.78%
- 10.17%
- Debtor Days
- 83
- Inventory Days
- 69
- Payable Days
- 65
- 87
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 289.39x
- 4.69x
- Revenue Growth %
- -18.73%
- Operating Profit Growth %
- -34.37%
- Net Profit Growth %
- -43.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 11.19
- Book Value (₹)
- 85.94
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 6.99
- Operating Margin %
- 18.89%
- Net Margin %
- 12.10%
- ROE %
- 13.93%
- ROCE %
- 18.18%
- 11.89%
- Debtor Days
- 87
- Inventory Days
- 71
- Payable Days
- 72
- 86
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 170.13x
- 4.31x
- Revenue Growth %
- 9.23%
- Operating Profit Growth %
- 3.29%
- Net Profit Growth %
- 15.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 11.98
- Book Value (₹)
- 95.77
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 7.37
- Operating Margin %
- 16.22%
- Net Margin %
- 10.68%
- ROE %
- 13.18%
- ROCE %
- 16.95%
- 11.28%
- Debtor Days
- 83
- Inventory Days
- 80
- Payable Days
- 61
- 101
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 305.79x
- 5.74x
- Revenue Growth %
- 21.66%
- Operating Profit Growth %
- 4.17%
- Net Profit Growth %
- 7.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 34.33
- Book Value (₹)
- 102.10
- Dividend per Share (₹)
- 22.00
- Cash EPS (₹)
- 18.64
- Operating Margin %
- 29.80%
- Net Margin %
- 24.20%
- ROE %
- 34.70%
- ROCE %
- 39.75%
- 30.16%
- Debtor Days
- 77
- Inventory Days
- 80
- Payable Days
- 47
- 109
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 815.36x
- 5.13x
- Revenue Growth %
- 26.23%
- Operating Profit Growth %
- 132.44%
- Net Profit Growth %
- 186.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 35.69
- Book Value (₹)
- 103.71
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 19.54
- Operating Margin %
- 17.54%
- Net Margin %
- 24.80%
- ROE %
- 34.68%
- ROCE %
- 40.44%
- 30.05%
- Debtor Days
- 77
- Inventory Days
- 90
- Payable Days
- 51
- 116
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 233.80x
- 5.18x
- Revenue Growth %
- 0.75%
- Operating Profit Growth %
- 6.78%
- Net Profit Growth %
- 3.94%
- 3.94%
- P/E (x)
- 8.33x
- P/B (x)
- 5.73x
- Dividend Yield %
- 3.36%
- 13.11x
Mar 2025
- EPS (₹)
- 18.61
- Book Value (₹)
- 59.43
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 20.45
- Operating Margin %
- 17.59%
- Net Margin %
- 23.89%
- ROE %
- 33.45%
- ROCE %
- 39.15%
- 27.55%
- Debtor Days
- 77
- Inventory Days
- 88
- Payable Days
- 51
- 114
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 117.06x
- 3.32x
- Revenue Growth %
- 9.26%
- Operating Profit Growth %
- 5.33%
- Net Profit Growth %
- 4.32%
- -47.84%
- P/E (x)
- 18.52x
- P/B (x)
- 5.80x
- Dividend Yield %
- 3.19%
- 14.19x
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.