Banco Products (India) Ltd (BANCOINDIA) — shareholding pattern, promoter holding, financials and share price
About Banco Products (India) Ltd (BANCOINDIA)
Banco Products (India) Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as BANCOINDIA and on the BSE under scrip code 500039. Its ISIN is INE213C01025.
Banco Products (India) Ltd manufactures and supplies engine cooling modules and systems for automotive and industrial applications in both the domestic and international markets. It was Incorporated in 1961, promoted by Mr. Mehul K. Patel who has more than 40 years of experience in the automotive industry [1]
Banco Products India Limited manufactures gaskets and radiators primarily for automotive, oil engine, compressor, and locomotive applications. It has four manufacturing plants equipped with state-of-the-art production, design, and quality assurance facilities.
The company is a strategic supplier-partner for various esteemed OEMs, providing innovative engine cooling modules and high-performance solutions for automotive, off-highway, and industrial applications.
Listed peers in Auto Components & Equipments: Ramkrishna Forgings Ltd, Lumax Auto Technologies Ltd, Varroc Engineering Ltd, ASK Automotive Ltd, SKF India Ltd, Pricol Ltd.
Valuation & Returns
10 Jul 2026At ₹681 a share on 10 Jul 2026, Banco Products (India) Ltd (BANCOINDIA) was valued at a price-to-earnings ratio of 20.22x against an industry P/E of 37.75x and a price-to-book of 7.48x on a book value of ₹91.08 per share as of Mar 2025. Solomo computes return on equity of 36.97% and return on capital employed of 35.54% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 20.22x
- Industry P/E
- 37.75x
- P/B
- 7.48x
- EPS (TTM)
- ₹33.68
- Book value / share
- ₹91.08
- ROE
- 36.97%
- ROCE
- 35.54%
- ROA
- 16.92%
- Debt / equity
- 0.44x
- Dividend yield
- 2.2%
- EBITDA margin
- 20.72%
- 52-week range
- ₹502 – ₹879.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Banco Products (India) Ltd (BANCOINDIA) reported revenue of ₹3,896 crore, net profit of ₹482 crore and earnings per share of ₹33.68. That compares with revenue of ₹3,213 crore and net profit of ₹392 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,099 crore and net profit ₹147 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,958 | 2,332 | 2,768 | 3,213 | 3,896 |
| Net profit (₹ cr) | 152 | 236 | 271 | 392 | 482 |
| EPS (₹) | 10.66 | 16.47 | 18.98 | 27.39 | 33.68 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 8.36% | 13.05% | 11.58% | 16.04% |
| Profit growth | 13.96% | 30.81% | 45.94% | 44.37% |
| Stock price CAGR | 24% | 52% | 58% | -1% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 67.88% of Banco Products (India) Ltd (BANCOINDIA) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.91% and domestic institutional investors (DII) hold 0.25%. Market capitalisation was ₹9,741 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Ashit Chandubhai Patel 1.17%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 67.88% | - | 3.91% | 0.25% | 32.12% |
| Mar 2026 | 67.88% | - | 4.06% | 0.22% | 32.12% |
| Dec 2025 | 67.88% | - | 4% | 0.23% | 32.12% |
| Sep 2025 | 67.88% | - | 4.4% | 0.3% | 32.12% |
| Jun 2025 | 67.88% | - | 3.83% | 0.44% | 32.12% |
| Mar 2025 | 67.88% | - | 3.88% | 0.18% | 32.12% |
| Dec 2024 | 67.88% | - | 3.76% | 0.21% | 32.12% |
| Sep 2024 | 67.88% | - | 3.08% | 0.18% | 32.12% |