Banco Products (India) financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹1,184cr+22.0% on Q1 FY26
Net profit
₹122cr+11.7% on Q1 FY26
EBITDA margin
18.0%−0.7 pts on Q1 FY26
EPS
₹8.56+11.7% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue1,184970+22.0%
EBITDA213182+17.2%
EBITDA margin18.0%18.8%−0.7 pts
Profit before tax179164+8.7%
Net profit122110+11.7%
EPS₹8.56₹7.66+11.7%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹1,184 crNet profit₹122 crNet margin10.3%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
8,428————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
10910960.616.87.0
428428318222292
8,746————
4,1103,8963,2132,7682,332
—+21.3%+16.0%+18.7%—
712681611422364
17.3%17.5%19.0%15.3%15.6%
567547517346308
495482392271236
12.0%12.4%12.2%9.8%10.1%
₹38.87₹41.67₹28.57₹18.97₹16.47
—+45.8%+50.6%+15.2%—
—380164458−41.5
—−139−98.5−91.3−125
24124165.9367−167
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

BANCOINDIA₹589.15

Banco Products (India) Ltd.

· Auto & Mobility
₹ CrorePeersTIINDIAASKAUTOLTDFIEMINDJAMNAAUTOLUMAXTECHPRICOLLTDSANSERASHRIPISTONMcap ₹8,428 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————8,427.8
- Cash, Equiv & ST Investments7.016.860.6109.3109.3
+ Total Debt291.6221.6318.5427.7427.7
Enterprise Value————8,746.2
Revenue2,331.82,768.43,212.53,896.44,110.2
Growth %, YoY—+18.7+16.0+21.3—
EBITDA364.1422.3611.2681.2712.4
Margin %15.6115.2519.0217.4817.33
EBIT307.7346.3516.8546.7567.2
Net Income235.6271.4391.8481.7494.5
Margin %10.109.8012.2012.3612.03
EPS, Adj (current shares)16.4718.9728.5741.6738.87
Growth %, YoY—+15.2+50.6+45.8—
Cash from Operations-41.5458.1164.3380.3—
Capital Expenditures-125.5-91.3-98.5-139.1—
Free Cash Flow-166.9366.865.9241.2241.2
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Banco Products financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Banco Products (NSE: BANCOINDIA) had a market capitalisation of ₹8,348 crore at the 29 October 2026 close (₹583.55 a share), a PE ratio of 15.0 on the last four quarters' profit and a price-to-book ratio of 4.96. In FY26 its consolidated net profit attributable to shareholders was ₹596 crore on revenue of ₹3,896 crore; in Q1 FY27 (April–June 2026) it was ₹124 crore, down 24.4% year on year. Its debt-to-equity ratio was 0.25 on 31 March 2026. Promoters held 67.88% of the shares on 30 September 2026.

Share price used
₹583.55 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Banco Products at a glance · consolidated

Market cap
₹8,348 Crat ₹583.55 · 29 Oct close
PE ratio (last 4 quarters)
15.014.0 on FY26 profit
Price to book (PB)
4.96book value ₹117.74 a share
ROE (FY26)
39.9%+5.2 pts vs FY25ROCE 30.3%
Debt to equity
0.25net debt ₹268 Cr
Promoter holding
67.88%unchanged vs 30 Jun 202630 September 2026
Dividend yield
3.94%₹23 a share in 12 months
Net worth
₹1,684 Cr+29.3% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹241 Cr+266.3% vs FY25

Questions

What is the Banco Products PE ratio today?

Banco Products' PE ratio is 15.0 at the 29 October 2026 close (₹583.55 a share): a market capitalisation of ₹8,348 crore divided by consolidated net profit attributable to shareholders of ₹556 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹596 crore) it is 14.0.

What is the Banco Products PB ratio (price to book value)?

Banco Products' price-to-book (PB) ratio is 4.96 at the 29 October 2026 close: a market capitalisation of ₹8,348 crore divided by shareholders' equity (book value) of ₹1,684 crore on 31 March 2026. That is a book value of ₹117.74 per share against a share price of ₹583.55.

What is the Banco Products book value per share?

Banco Products' book value per share was ₹117.74 on 31 March 2026: shareholders' equity of ₹1,684 crore divided by the 14.31 crore shares in issue, up 29.3% from ₹91.08 a year earlier. The share price at the 29 October 2026 close was ₹583.55.

What is the Banco Products market cap?

Banco Products' market capitalisation was ₹8,348 crore at the 29 October 2026 close: 14.31 crore shares at ₹583.55 each.

Is Banco Products debt free?

No. Banco Products had borrowings of ₹428 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.25. Its cash and current investments were ₹159 crore, so its net debt was ₹268 crore.

What is the Banco Products EPS?

Banco Products' basic earnings per share (EPS) were ₹33.68 in FY26, against ₹27.39 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹34.58.

What is the Banco Products debt to equity ratio?

Banco Products' debt-to-equity ratio was 0.25 on 31 March 2026: borrowings of ₹428 crore against total equity of ₹1,684 crore. A year earlier, on 31 March 2025, it was 0.24.

What is the Banco Products net worth?

Banco Products' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,684 crore on 31 March 2026, up 29.3% from ₹1,303 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹8,348 crore at the 29 October 2026 close.

What is the Banco Products dividend in 2026 and its record date?

In 2026, Banco Products has declared two dividends totalling ₹16 a share: ₹8 (interim) with record date 19 March 2026 and ex-date 18 March 2026 and ₹8 with record date 12 September 2026 and ex-date 11 September 2026.

What is the Banco Products ROE and ROCE?

In FY26, Banco Products' return on equity (ROE) was 39.9% and its return on capital employed (ROCE) was 30.3%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 34.7% and ROCE 33.9%.

What is the Banco Products dividend yield?

Banco Products' dividend yield is 3.94% at the 29 October 2026 close: dividends of ₹23 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹583.55. They were ₹8 on 11 September 2026, ₹8 on 18 March 2026 (interim) and ₹7 on 19 November 2025 (interim).

What is the Banco Products shareholding pattern?

On 30 September 2026, Banco Products' shares were held by promoters 67.88%, foreign portfolio investors (FII/FPI) 3.98%, domestic institutions (DII) 0.29% (including mutual funds at 0.10%) and retail and other non-institutional investors 27.85%. Over the year, FII holding was down 0.42 percentage points from 4.40% and DII holding was down 0.01 percentage points from 0.30%.

What is the Banco Products promoter holding?

Promoters held 67.88% of Banco Products on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Banco Products free cash flow?

In FY26, Banco Products generated ₹380 crore of cash from operations and spent ₹139 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹241 crore. In FY25 it was ₹65.9 crore.

When are the Banco Products next results?

Banco Products will announce its Q2 FY27 results (July–September 2026) on Friday, 6 November 2026, the date of the board meeting it has notified to the exchanges.

What are the Banco Products latest quarterly results?

Banco Products' latest results are for Q1 FY27 (April–June 2026), filed on 8 August 2026: consolidated net profit attributable to shareholders ₹124 crore, down 24.4% from ₹164 crore in Q1 FY26; revenue from operations ₹1,184 crore, up 22.0% year on year.

What is the Banco Products revenue and profit in FY26?

In FY26 (April 2025–March 2026), Banco Products' consolidated net profit attributable to shareholders was ₹596 crore, up 45.8% from ₹409 crore in FY25, on revenue from operations of ₹3,896 crore (up 21.3%). Over three years, from FY23, net profit was up 153.0%.

How does the Banco Products PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Banco Products' PE ratio is 14.0, the lowest of the four: Tube Investments 66.2, ASK Automotive 38.5 and Fiem Industries 17.7, a peer average of 40.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does Banco Products compare with its peers?

On FY26 consolidated figures, against Tube Investments, ASK Automotive and Fiem Industries: Banco Products' operating margin of 14.0% is the highest of the four (Tube Investments 7.0%, ASK Automotive 10.0%, Fiem Industries 11.5%; peer average 9.5%); its return on equity of 39.9% is the highest of the four (Tube Investments 9.6%, ASK Automotive 25.3%, Fiem Industries 22.7%; peer average 19.2%); its revenue growth over three years of 18.7% a year is the highest of the four (Tube Investments 15.2% a year, ASK Automotive 17.8% a year, Fiem Industries 15.1% a year; peer average 16.0% a year).

Banco Products vs Tube Investments: how do they compare?

In FY26, Banco Products earned net profit attributable to shareholders of ₹596 crore on revenue of ₹3,896 crore, against ₹637 crore on ₹22,847 crore for Tube Investments. Banco Products' operating margin was 14.0% (Tube Investments 7.0%) and its return on equity 39.9% (Tube Investments 9.6%). At the 29 October 2026 close, Banco Products' market capitalisation was ₹8,348 crore against ₹42,147 crore for Tube Investments, and its PE ratio on FY26 profit 14.0 against 66.2.

Where do these Banco Products figures come from?

From Banco Products' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.