BANCOINDIA
Banco Products (I) Limited (BANCOINDIA) Stock Analysis
Banco Products (I) Limited is an Indian manufacturer of engine cooling systems and heat exchangers for automotive and industrial use. It supplies radiators and cooling modules to domestic and global OEMs. The company is a key ancillary player in thermal management. It is a listed auto components mid-cap stock.
Consumer Cyclical › Auto Parts
₹590.80
+0.16% 1W | -25.30% 52W
Market Cap
8.5k CR
P/E Ratio
17.2
52W High
₹865
52W Low
₹502
Div. Yield
2.72%
Beta
0.7
50 DMA
₹620.4
200 DMA
₹621.4
Profit Margin
12%
Inst. Own.
1.2%
⚡ APPROACHING SUPPORT
⚡ APPROACHING SUPPORT
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 749 | 725 | 571 | 724 | 804 | 895 | 639 | 875 | 970 | 1,038 | 789 | 1,099 | 1,184 |
| Expenses | 653 | 602 | 482 | 610 | 671 | 689 | 581 | 660 | 788 | 889 | 664 | 874 | 971 |
| Operating Profit | 97 | 122 | 89 | 114 | 133 | 206 | 58 | 214 | 182 | 149 | 125 | 225 | 213 |
| OPM % | 13% | 17% | 16% | 16% | 17% | 23% | 9% | 24% | 19% | 14% | 16% | 20% | 18% |
| Other Income | 16 | 3 | 12 | 6 | 2 | 17 | 5 | 19 | 14 | 59 | 27 | 20 | 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 |
| Profit before tax | 93 | 104 | 81 | 86 | 109 | 197 | 39 | 190 | 164 | 175 | 119 | 186 | 179 |
| Tax % | 26% | 36% | 15% | 20% | 37% | 30% | 21% | 19% | 33% | 20% | 28% | 21% | 31% |
| Net Profit | 69 | 66 | 68 | 68 | 69 | 139 | 31 | 154 | 110 | 139 | 86 | 147 | 122 |
| EPS in Rs | 4.81 | 4.62 | 4.78 | 4.77 | 4.80 | 9.70 | 2.16 | 10.73 | 7.66 | 9.71 | 6.00 | 10.31 | 8.56 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,129 | 1,148 | 1,239 | 1,336 | 1,567 | 1,422 | 1,533 | 1,958 | 2,332 | 2,768 | 3,213 | 3,896 | 4,110 |
| Expenses | 1,027 | 1,002 | 1,096 | 1,157 | 1,405 | 1,300 | 1,354 | 1,686 | 1,966 | 2,340 | 2,601 | 3,213 | 3,398 |
| Operating Profit | 102 | 146 | 144 | 179 | 161 | 122 | 178 | 272 | 366 | 428 | 611 | 684 | 712 |
| OPM % | 9% | 13% | 12% | 13% | 10% | 9% | 12% | 14% | 16% | 15% | 19% | 18% | 17% |
| Other Income | 53 | 11 | 32 | 18 | 10 | 25 | 9 | 5 | 14 | 32 | 43 | 120 | 112 |
| Interest | 8 | 3 | 2 | 2 | 4 | 3 | 4 | 5 | 13 | 21 | 26 | 25 | 21 |
| Depreciation | 34 | 35 | 33 | 28 | 29 | 33 | 34 | 48 | 56 | 76 | 94 | 135 | 145 |
| Profit before tax | 113 | 119 | 141 | 167 | 138 | 111 | 150 | 224 | 311 | 363 | 534 | 644 | 659 |
| Tax % | 22% | 25% | 31% | 30% | 50% | 31% | 24% | 32% | 24% | 25% | 27% | 25% | |
| Net Profit | 88 | 90 | 97 | 117 | 69 | 77 | 114 | 152 | 236 | 271 | 392 | 482 | 495 |
| EPS in Rs | 6.13 | 6.29 | 6.80 | 8.17 | 4.83 | 5.36 | 7.95 | 10.66 | 16.47 | 18.98 | 27.39 | 33.68 | 34.58 |
| Dividend Payout % | 24% | 37% | 66% | 61% | 83% | 187% | 13% | 94% | 67% | 53% | 40% | 24% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 19.0% | 21.0% | 13.0% |
| Profit CAGR | 24.0% | 32.0% | 18.0% |
Shareholding Pattern
Promoters67.88%
FIIs3.83%
DIIs0.43%
Public27.85%
Promoters67.88%
FIIs4.40%
DIIs0.29%
Public27.42%
Promoters67.88%
FIIs4.00%
DIIs0.22%
Public27.89%
Promoters67.88%
FIIs4.06%
DIIs0.22%
Public27.83%
Promoters67.88%
FIIs3.92%
DIIs0.24%
Public27.98%
Promoters67.88%
FIIs1.88%
DIIs0.03%
Public30.20%
Promoters67.88%
FIIs3.00%
DIIs0.13%
Public28.97%
Promoters67.88%
FIIs3.88%
DIIs0.17%
Public28.07%
Promoters67.88%
FIIs4.06%
DIIs0.22%
Public27.83%
Promoters67.88%
FIIs3.92%
DIIs0.24%
Public27.98%
BANCOINDIA
Holdings Analysis
Key strengths & risk signals
63
Overall
79
Fundamental
48
Technical
Risks (3)
POOR YEAR! Stock declined 25.3% in the last year.
WEAK POSITION! Current price (590.8) is below both moving averages.
BEARISH TREND! 50-day average (620.4) is below 200-day average (621.4) - negative signal.
Strengths (4)
UNDERVALUED! PEG of 0.64 indicates stock is cheap relative to growth.
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 86,285 vs down days: 76,269. Ratio: 1.13x
NEUTRAL! RSI at 42.1 - balanced momentum.
Fundamental & Technical Analysis
63Overall
79Fundamental
48Technical
Fundamental Breakdown
Growth Quality
28/30
Revenue CAGR: 18.9% (VERY GOOD, 13/15). Profit CAGR: 26.9% (EXCELLENT, 15/15).
Profit Margin
5/10
DECENT EFFICIENCY! 12.0% profit margin - acceptable profitability.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.64 indicates stock is cheap relative to growth.
Dividend Yield
6/10
MODERATE DIVIDEND! 2.72% yield - some income benefit.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 30.23% public ownership - moderate retail influence.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (620.4) is below 200-day average (621.4) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (590.8) is below both moving averages.
Trend Pattern
10/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
1/10
POOR YEAR! Stock declined 25.3% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 86,285 vs down days: 76,269. Ratio: 1.13x
RSI
3/5
NEUTRAL! RSI at 42.1 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 24.5% of 52W range - weakness visible.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 0.2% (1 week), -7.0% (1 month), -13.3% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
Peer Comparison
Consumer Cyclical · Auto Parts · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BANCOINDIA | ₹590.80 | 17.2 | 12.0% | 18.9% | 26.9% | -25.3% | 63 | APPROACHING SUPPORT | +11.8% | -17.0% | +21.8% | +7.5% |
| PRICOLLTD | ₹670.90 | 30.5 | 6.3% | 27.7% | 26.2% | +24.4% | 65 | BREAKDOWN | +34.3% | -8.5% | +23.5% | +0.5% |
| DYNAMATECH | ₹13,321.00 | 213.1 | 2.5% | 7.2% | -8.8% | +76.0% | 67 | BREAKOUT | +92.6% | +65.1% | +14.5% | -1.9% |
| JKTYRE | ₹333.40 | 14.3 | 4.0% | 3.7% | 43.5% | -12.4% | 55 | APPROACHING SUPPORT | -73.1% | -75.3% | +2.0% | -6.6% |
| BENGALASM | ₹5,961.50 | 8.9 | 30.3% | -47.6% | -4.2% | -3.4% | 46 | BREAKDOWN | -24.6% | -8.1% | +10.5% | +0.4% |
| SJS | ₹1,994.80 | 30.9 | 20.9% | 30.1% | 36.4% | +31.6% | 76 | CONSOLIDATING DOWN | +114.5% | +53.0% | +24.5% | +0.3% |
| SSWL | ₹406.80 | 30.2 | 3.9% | 8.7% | -0.6% | +94.1% | 69 | CONSOLIDATING UP | +47.2% | +14.3% | +27.2% | +2.4% |
| SUPRAJIT | ₹457.60 | 33.7 | 4.6% | 11.6% | 6.3% | +4.8% | 59 | APPROACHING SUPPORT | +8.5% | -26.6% | +24.0% | +2.7% |
Data from TradeAlone · Updated daily
