Announced on | Meeting on |
May 14, 2024 | May 29, 2024 |
Audited Results & Final Dividend | |
Jan 18, 2024 | Feb 05, 2024 |
Quarterly Results & Interim Dividend | |
Oct 23, 2023 | Nov 06, 2023 |
Quarterly Results | |
Jul 27, 2023 | Aug 07, 2023 |
Quarterly Results & A.G.M. | |
May 09, 2023 | May 20, 2023 |
Audited Results & Final Dividend |
Banco Products (India) Share Price
- Open702.75
- High719.35
- Low692.35
- Prev Close702.75
- Volume2,14,179
- VWAP(₹)708.33
Banco Products share price insights
ROE Outperforming 5 Year Average
Company delivered ROE of 25.81% in year ending 31 Mar, 2024 outperforming its 5 year avg. of 18.58%. (Source: Consolidated Financials)Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 10.18% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)Stock Returns vs Nifty Smallcap 100
Stock gave a 3 year return of 324.45% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)Stock Returns vs Nifty Auto
Stock generated 324.45% return as compared to Nifty Auto which gave investors 133.08% return over 3 year time period. (as of last trading session)Banco Products Share Price Update
Banco Products (India) Ltd. share price moved down by -0.47% from its previous close of Rs 702.75. Banco Products (India) Ltd. stock last traded price is 699.50
Share Price Value Today/Current/Last 699.50 Previous Day 702.75
Banco Products Share Price Returns
1 Day | -0.47% |
1 Month | 12.59% |
3 Months | 14.91% |
1 Year | 124.06% |
3 Years | 339.11% |
5 Years | 498.37% |
Key Metrics
PE Ratio(x) | 18.43 |
EPS - TTM(₹) | 37.95 |
MCap(₹ Cr.) | 5,002.73 |
MCap Rank | 32 |
PB Ratio(x) | 4.78 |
Div Yield(%) | 2.86 |
Face Value(₹) | 2.00 |
52W High(₹) | 744.15 |
52W Low(₹) | 310.05 |
MCap/Sales | 1.54 |
Beta(1 Month) | 1.22 |
BV/Share(₹) | 147.02 |
Banco Products Share Recommendations
1 Analysts
SellSellHoldBuyStrong
Buy
Ratings | Current | 1W Ago | 1M Ago | 3M Ago |
---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 |
Buy | - | - | - | - |
Hold | - | - | - | - |
Sell | - | - | - | - |
Strong Sell | - | - | - | - |
# Analysts | 1 | 1 | 1 | 1 |
Banco Products News & Analysis
Banco Products Financials
Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Total Income 730.31 582.48 727.64 765.73 612.32 Total Income Growth (%) 25.38 -19.95 -4.97 25.05 19.99 Total Expenses 638.15 498.23 617.76 667.96 531.02 Total Expenses Growth (%) 28.08 -19.35 -7.52 25.79 39.02 EBIT 92.16 84.25 109.88 97.77 81.30 EBIT Growth (%) 9.39 -23.33 12.39 20.26 -36.64 Profit after Tax (PAT) 68.16 68.32 66.11 68.81 51.03 PAT Growth (%) -0.23 3.34 -3.92 34.84 -48.05 EBIT Margin (%) 12.62 14.46 15.10 12.77 13.28 Net Profit Margin (%) 9.33 11.73 9.09 8.99 8.33 Basic EPS (₹) 9.53 9.55 9.24 9.62 7.14 All figures in Rs Cr, unless mentioned otherwise
InsightsEmployee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 10.18% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 2,027.49 1,883.69 1,531.84 1,215.20 1,113.37 Total Assets Growth (%) 7.63 22.97 26.06 9.15 -9.07 Total Liabilities 975.99 882.19 550.12 386.77 403.34 Total Liabilities Growth (%) 10.63 60.36 42.23 -4.11 2.96 Total Equity 1,051.50 1,001.50 981.72 828.43 710.03 Total Equity Growth (%) 4.99 2.01 18.50 16.68 -14.73 Current Ratio (x) 2.20 2.24 3.17 3.21 2.70 Total Debt to Equity (x) 0.21 0.29 0.02 0.02 0.13 Contingent Liabilities 0.00 37.45 34.54 24.79 20.63 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 458.09 -41.46 - 156.81 52.12 Net Cash used in Investing Activities -113.79 -23.37 - -58.72 149.48 Net Cash flow from Financing Activities -339.30 58.71 - -78.19 -152.54 Net Cash Flow 5.00 -6.13 - 19.90 49.06 Closing Cash & Cash Equivalent 16.80 6.79 - 71.20 51.31 Closing Cash & Cash Equivalent Growth (%) 147.50 -90.47 0.00 38.78 2,184.08 Total Debt/ CFO (x) 0.48 -7.03 - 0.09 1.75 All figures in Rs Cr, unless mentioned otherwise
InsightsIncrease in Cash from Investing
Company has used Rs 113.79 cr for investing activities which is an YoY increase of 386.83%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 25.81 23.53 15.53 13.73 10.79 Return on Capital Employed (%) 28.60 26.21 19.63 16.89 14.40 Return on Assets (%) 13.38 12.50 9.95 9.35 6.87 Interest Coverage Ratio (x) 21.54 30.18 52.69 42.42 37.00 Asset Turnover Ratio (x) 1.42 0.85 0.80 126.11 127.72 Price to Earnings (x) 15.67 6.84 6.40 8.85 6.08 Price to Book (x) 4.04 1.61 0.99 1.21 0.66 EV/EBITDA (x) 9.59 4.96 3.30 4.79 3.30 EBITDA Margin (%) 16.61 16.28 14.14 12.21 10.36 InsightsROE Outperforming 5 Year Average
Company delivered ROE of 25.81% in year ending 31 Mar, 2024 outperforming its 5 year avg. of 18.58%. (Source: Consolidated Financials)
Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y Banco Products Stock Performance -0.47 17.93 20.05 10.67 134.57 324.45 411.33 Bosch Stock Performance -1.33 15.61 17.59 19.11 87.32 122.01 106.07 Shriram Pistons Stock Performance -0.91 -3.05 -1.86 12.47 141.48 381.80 303.12 Sundaram-Clayton Stock Performance 2.20 13.03 -2.24 24.14 0.00 0.00 0.00 Federal Mogul Stock Performance 0.25 12.25 22.77 24.21 17.87 33.57 -19.57 All values in %
Stock Returns vs Nifty Smallcap 100
Stock gave a 3 year return of 324.45% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)Stock Returns vs Nifty Auto
Stock generated 324.45% return as compared to Nifty Auto which gave investors 133.08% return over 3 year time period. (as of last trading session)
Mutual Funds Ownership
No Data Available
Corporate Actions
Board Meeting
Audited Results & Final Dividend
May 14, 2024
Interim Dividend
1000%
Feb 05, 2024
Board Meeting
Quarterly Results & Interim Dividend
Jan 18, 2024
Announced on Ex-Date Dividend% Feb 05, 2024 Feb 16, 2024 1000% May 22, 2023 Sep 07, 2023 700% Feb 13, 2023 Feb 24, 2023 400% May 26, 2022 Sep 06, 2022 1000% Jun 25, 2021 Sep 03, 2021 100% Announced on Ex-Date Jun 28, 2007 Aug 30, 2007 Bonus Ratio: 1 share(s) for every 1 shares held Nov 03, 1999 Nov 22, 1999 Bonus Ratio: 1 share(s) for every 1 shares held Oct 05, 1994 Feb 09, 1995 Bonus Ratio: 1 share(s) for every 2 shares held Announced on Ex-Date Sep 26, 2007 Nov 23, 2007 Split: Old FV10.0| New FV:2.0 No Data Available
Announced on Meeting on Aug 07, 2023 Sep 22, 2023 Rs.14.0000 per share(700%)Final Dividend & A.G.M. Jul 17, 2020 Sep 22, 2020 Book closure from 5 Sep, 2020 to 22 Sep, 2020 Dec 24, 2019 Jan 29, 2020 - May 31, 2019 Sep 23, 2019 (Revised) May 31, 2019 Aug 26, 2019 Book closure from 9 Aug, 2019 to 26 Aug, 2019
About
Banco Products (India) Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 5,002.73 Crore) operating in Auto Ancillaries sector.
Banco Products (India) Ltd. key Products/Revenue Segments include Aluminium Radiators, Scrap, Export Incentives, Sale of services and Other Operating Revenue for the year ending 31-Mar-2022.
For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 730.31 Crore, up 25.38 % from last quarter Total Income of Rs 582.48 Crore and up 19.27 % from last year same quarter Total Income of Rs 612.32 Crore. Company has reported net profit after tax of Rs 68.16 Crore in latest quarter.
The company’s top management includes Mr.Mehul K Patel, Ms.Himali Patel, Mr.Sharan M Patel, Ms.Ameeta V Manohar, Mr.Devesh A Pathak, Mr.Mukesh D Patel, Mr.Ramkisan Devidayal, Mr.Udayan P Patel, Ms.Pooja Gurnani. Company has Manubhai & Shah LLP as its auditors. As on 31-03-2024, the company has a total of 7.15 Crore shares outstanding.
About Banco Products
Banco Products (India) Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 5,002.73 Crore) operating in Auto Ancillaries sector. Banco Products (India) Ltd. key Products/Revenue Segments include Aluminium Radiators, Scrap, Export Incentives, Sale of services and Other Operating Revenue for the year ending 31-Mar-2022.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 730.31 Crore, up 25.38 % from last quarter Total Income of Rs 582.48 Crore and up 19.27 % from last year same quarter Total Income of Rs 612.32 Crore. Company has reported net profit after tax of Rs 68.16 Crore in latest quarter.The company’s top management includes Mr.Mehul K Patel, Ms.Himali Patel, Mr.Sharan M Patel, Ms.Ameeta V Manohar, Mr.Devesh A Pathak, Mr.Mukesh D Patel, Mr.Ramkisan Devidayal, Mr.Udayan P Patel, Ms.Pooja Gurnani. Company has Manubhai & Shah LLP as its auditors. As on 31-03-2024, the company has a total of 7.15 Crore shares outstanding.
Industry
Key Indices Listed On
BSE SmallCap, BSE Consumer Discretionary, BSE AllCap, Nifty Microcap 250, BSE MidSmallCap
Address
Bil, Near Bhaili Railway Station,Padra Road,Vadodra District, Gujarat - 391410
Executive Leadership
Mehul K Patel
ChairmanHimali Patel
WholeTime Director & CFOSharan M Patel
Whole Time DirectorAmeeta V Manohar
Independent DirectorAuditors
FAQs about Banco Products share
- 1. What's the Banco Products share price today?Banco Products share price was Rs 699.50 as on 12 Jul, 2024, 03:53 PM IST. Banco Products share price was down by 0.47% based on previous share price of Rs. 663.0. In last 1 Month, Banco Products share price moved up by 12.59%.
- 2. What are the key metrics to analyse Banco Products Share Price?Banco Products share can be quickly analyzed on following metrics:
- Stock's PE is 18.43
- Price to Book Ratio of 4.78
- 3. What are the Banco Products quarterly results?Total Revenue and Earning for Banco Products for the year ending 2024-03-31 was Rs 2806.16 Cr and Rs 271.40 Cr on Consolidated basis. Last Quarter 2024-03-31, Banco Products reported an income of Rs 730.31 Cr and profit of Rs 68.16 Cr.
- 4. What is 52 week high/low of Banco Products share price?In last 52 weeks Banco Products share had a high price of Rs 744.15 and low price of Rs 310.05
- 5. Who owns Banco Products?Following are the key changes to Banco Products shareholding:
- Promoter holding has not changed in last 9 months and holds 67.88 stake as on 31 Mar 2024
- Domestic Institutional Investors holding has gone up from 0.02 (30 Jun 2023) to 0.13 (31 Mar 2024)
- Foreign Institutional Investors holding has gone up from 1.87 (30 Jun 2023) to 3.0 (31 Mar 2024)
- Other investor holding have gone down from 30.23 (30 Jun 2023) to 28.99 (31 Mar 2024)
- 6. What is the market cap of Banco Products?Within the Auto Ancillaries sector, Banco Products stock has a market cap rank of 32. Banco Products has a market cap of Rs 5,002.73 Cr.
- 7. What are the returns for Banco Products share?Return Performance of Banco Products Shares:
- 1 Week: Banco Products share price moved up by 3.74%
- 1 Month: Banco Products share price moved up by 12.59%
- 3 Month: Banco Products share price moved up by 14.91%
- 6 Month: Banco Products share price moved up by 1.27%
- 8. What is the CAGR of Banco Products?The CAGR of Banco Products is 15.93.
- 9. Is Banco Products giving dividend?An equity Interim dividend of Rs 20 per share was declared by Banco Products (India) Ltd. on 05 Feb 2024. So, company has declared a dividend of 1000% on face value of Rs 2 per share. The ex dividend date was 16 Feb 2024.
- 10. What is the PE & PB ratio of Banco Products?The PE ratio of Banco Products stands at 18.52, while the PB ratio is 4.78.
- 11. Who are the peers for Banco Products in Auto Ancillaries sector?Within Auto Ancillaries sector Banco Products, Sundaram-Clayton Ltd., Federal-Mogul Goetze (India) Ltd., Talbros Automotive Components Ltd., GNA Axles Ltd., Shriram Pistons & Rings Ltd., UCAL Ltd., Sintercom India Ltd., Rane Engine Valve Ltd., Jullundur Motor Agency (Delhi) Ltd. and Bosch Ltd. are usually compared together by investors for analysis.
- 12. Who is the chairman of Banco Products?Mehul K Patel is the Chairman of Banco Products
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