Banco Products (i) Limited, Fundamental analysis

Industry Industry name	Auto Ancillaries
Variance Full Year Net Profit Variance	23
Equity Latest Equity	28.61
Face Value Latest Face Value	2
Reserves Total Reserve	1655.17
Dividend Full Year Dividend %	0
Sales Turnover Full Year Net Sales	3867.43
Net Profit Full Year Net Profit	465.73
Full Year CPS Full Year Cash Per Share	42
Earning Per Share Full Year Earning Per Share	32.6
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	1091.1
Previous EPS Previous earnings per share	0
Book Value Book value	117.7
Networth Full Year Return on Networth	33.3
Price/Book Value Price to Book value	5.165675
Yearly PE ratio Full Year Price to Earning per share	18.7
Yearly PC ratio Full Year Price to Cash Per Share	14.5
Bse value BSE Value in lakhs	83.56
Nse value NSE Value in lakhs	1447.03
High 52 week high	880
Low 52 week low	503
Price NSE Current market price	608
CPM Current market price	608

Market cap BSE / NSE Market Cap	8700.24
Net profit Latest Quarter Net Profit	144.77
Net profit variance Latest Quarter Net Profit variance	-6
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	2968.97
TTM OP Trailing Twelve 12 month Operating Profit	520.16
TTM OPM Trailing Twelve 12 month Operating Profit Margin	17.52
TTM GP Trailing Twelve 12 month Gross Profit	778.67
TTM GPM Trailing Twelve 12 month Gross Profit Margin	20.13
TTM NP Trailing Twelve 12 month Net Profit	343.85
TTM NPV Trailing Twelve 12 month Net Profit Variane	22.93
TTM EPS Trailing Twelve 12 month EPS	32.56
TTM PE Trailing Twelve 12 month PE	18.68
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	83.83
Equity Latest Equity	28.61
LTP Latest Price (BSE/NSE)	608
Gross block Latest Gross Block	1223.94
Loans Total loans	254.89
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	17.1
Year GPM Full Year Gross Profit Margin	19.6
Quarter OPM Latest quater Operation Profit Margin	20.3

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	797	889	633	868	963	1,031	782	1,091
YOY Sales Growth %	8%	24%	12%	21%	21%	16%	24%	26%
Gross Sales	797	889	633	868	963	1,031	782	1,091
Other Operating Income	7	6	6	6	7	7	8	8
+ Expenses	664	683	574	654	781	882	657	866
Material Cost %	55%	68%	126%	86%	62%	22%	82%	43%
Raw Material Cost	456	539	578	591	575	398	511	524
Change in Inventory	-14	62	216	158	25	-166	129	-57
Manufacturing Cost %	16%	15%	22%	15%	14%	21%	21%	15%
Employee Cost %	9%	9%	13%	11%	10%	10%	15%	12%
Other Cost %	3%	-15%	-69%	-37%	-6%	32%	-34%	10%
Raw Materials %	57%	61%	91%	68%	60%	39%	65%	48%
Stock Adjustments %	2%	-7%	-34%	-18%	-3%	16%	-17%	5%
Other Manufacturing Expenses %	16%	15%	22%	15%	14%	21%	21%	15%
Operating Profit	133	206	58	214	182	149	125	225
OPM %	17%	23%	9%	25%	19%	14%	16%	21%
+ Other Income	2	17	5	19	14	59	27	20
Miscellaneous Income	2	17	5	19	14	59	27	20
Exceptional Income	0	0	0	0	0	0	18	3
Interest	7	6	5	8	7	8	8	0
Depreciation	19	19	20	36	24	25	26	60
Profit before tax	109	197	39	190	164	175	119	186
+ Tax %	37%	30%	21%	19%	33%	20%	28%	21%
Current Tax	30	40	18	32	44	39	54	30
Deferred Tax	9	18	-10	4	11	-3	-21	9
+ Net Profit	69	139	31	154	110	139	86	147
Extraordinary Income / Expense	0	0	0	0	0	0	18	3
Exceptional Item	0	0	0	0	0	0	18	3
Net Profit After Minority Interest	69	139	31	154	110	139	86	147
EPS in Rs	9.60	19.39	2.16	10.73	7.66	9.71	4.73	10.07

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	1,262	1,302	1,352	1,567	1,422	1,533	1,958	2,332	2,768	3,213
Sales Growth %		3%	4%	16%	-9%	8%	28%	19%	19%	16%
Gross Sales	1,144	1,155	1,317	1,537	1,400	1,511	1,928	2,301	2,742	3,187
Excise Duty	58	62	16	0	0	0	0	0	0	0
Other Operating Income	16	22	23	30	22	22	31	31	26	25
+ Expenses	1,116	1,158	1,169	1,405	1,300	1,354	1,686	1,968	2,346	2,601
Material Cost %	50%	53%	55%	58%	58%	57%	60%	57%	58%	54%
Raw Material Cost	678	697	792	970	834	936	1,301	1,559	1,526	2,164
Change in Inventory	-49	-8	-55	-54	-14	-58	-132	-221	76	-422
Manufacturing Cost %	10%	10%	14%	14%	15%	14%	13%	13%	12%	12%
Employee Cost %	12%	12%	12%	12%	13%	12%	10%	10%	10%	10%
Other Cost %	16%	13%	5%	5%	5%	5%	3%	4%	5%	5%
Raw Materials %	54%	54%	59%	62%	59%	61%	66%	67%	55%	67%
Stock Adjustments %	4%	1%	4%	3%	1%	4%	7%	9%	-3%	13%
Power & Fuel %	2%	2%	2%	2%	2%	2%	2%	2%	2%	1%
Other Manufacturing Expenses %	8%	9%	13%	12%	13%	13%	11%	11%	10%	10%
Selling & Administration %	11%	7%	3%	3%	4%	3%	2%	4%	4%	3%
Miscellaneous Expenses %	1%	1%	1%	2%	2%	1%	1%	1%	1%	1%
Operating Profit	146	144	182	161	122	178	272	364	422	611
OPM %	12%	11%	13%	10%	9%	12%	14%	16%	15%	19%
+ Other Income	11	32	18	10	25	9	5	16	38	43
Miscellaneous Income	11	32	17	15	25	9	5	16	38	43
Interest	3	2	2	4	3	4	5	13	21	26
Depreciation	35	33	28	29	33	34	48	56	76	94
Profit before tax	119	141	168	138	111	150	224	311	363	534
+ Tax %	25%	31%	30%	50%	31%	24%	32%	24%	25%	27%
Current Tax	35	47	43	66	32	43	61	77	104	121
Deferred Tax	-5	-4	7	4	3	-7	10	-2	-13	22
+ Net Profit	90	97	117	69	77	114	152	236	271	392
Profit Growth %		8%	20%	-41%	11%	49%	34%	55%	15%	44%
Net Profit After Minority Interest	90	97	117	69	77	114	152	236	271	392
EPS in Rs	12.57	13.59	16.33	9.66	10.71	15.90	21.31	32.94	37.95	27.39

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	14	14	14	14	14	14	14	14	14	29
Reserves	674	705	793	818	696	814	967	987	1,037	1,274
+ Borrowings	36	38	34	40	92	14	115	418	423	573
Secured Borrowings	36	38	34	40	92	14	19	292	222	318
Unsecured Borrowings	0	0	0	0	0	1	96	126	201	255
+ Other Liabilities	232	211	356	322	287	344	405	435	508	868
Current Liabilities	235	232	424	335	305	365	412	454	528	936
Provisions	35	1	1	1	3	2	1	2	2	2
Other liability items	4	5	6	6	7	7	23	11	25	34
Total Liabilities	956	969	1,198	1,195	1,089	1,187	1,502	1,855	1,982	2,744
+ Fixed Assets	221	192	191	184	193	190	297	359	454	516
Gross Block	641	610	682	649	711	726	783	904	1,072	1,224
Accumulated Depreciation	420	417	490	465	517	537	487	545	618	708
CWIP	3	4	13	13	3	1	15	18	10	5
Investments	1	91	24	69	9	1	1	0	0	38
+ Other Assets	731	682	969	929	883	995	1,190	1,477	1,518	2,185
Inventories	327	322	439	479	476	564	720	995	922	1,381
Trade receivables	220	205	257	272	294	270	324	413	481	611
Cash Equivalents	108	85	200	127	70	123	82	18	63	119
Loans n Advances	44	59	107	47	42	55	65	58	85	163
Other asset items	31	11	-33	4	1	-17	-1	-8	-33	-90
Total Assets	956	969	1,198	1,195	1,089	1,187	1,502	1,855	1,982	2,744

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	68	90	99	62	52	157	57	-41	458	164
Profit from Operations	166	134	222	216	137	183	292	358	482	648
Working Capital Changes	-63	5	-61	-92	-49	0	-186	-309	66	-370
Profit Before Tax & Extraordinary Items	119	141	168	158	111	150	224	311	363	534
Depreciation	35	33	33	33	33	34	48	56	76	94
Interest (Net)	-4	-8	-4	-5	-6	-2	2	11	14	22
Dividend Received	0	-1	-4	0	-3	0	0	0	0	0
Profit / Loss on Sale of Assets	-1	-18	0	0	-5	0	-1	1	6	-18
Provisions & Write-offs (Net)	1	0	0	0	0	-1	0	-1	0	0
Profit / Loss in Forex	16	-13	31	30	7	3	18	-15	23	16
Receivables	-47	15	-51	-26	-26	26	-56	-85	-67	-129
Inventories	-71	4	-117	-46	3	-88	-157	-274	73	-459
Trade Payables	57	-26	87	11	-31	63	18	46	47	212
Loans & Advances	14	0	0	0	0	0	0	0	0	0
Direct Taxes Paid	-34	-49	-62	-61	-36	-26	-49	-90	-90	-113
+ Cash from Investing Activity	-17	-59	-22	-52	149	-59	-104	-23	-114	-73
Purchase of Fixed Assets	-23	-12	-50	-42	-35	-32	-75	-125	-95	-78
Sale of Fixed Assets	2	10	1	0	9	0	2	32	0	0
Purchase of Investments	0	-76	-112	-50	0	0	0	0	0	-127
Sale of Investments	0	12	180	10	54	7	0	0	0	89
Interest Received	4	11	6	10	10	1	6	4	5	5
Dividend Received	0	1	4	0	3	0	0	0	0	0
Others	0	-5	-52	1	109	-35	-38	66	-24	38
+ Cash from Financing Activity	-6	-61	-68	-49	-153	-78	-11	59	-339	-89
Proceeds from Other Long-Term Borrowings	0	0	1	20	0	0	0	33	0	0
Proceeds from Short-Term Borrowings	27	10	0	14	49	0	9	239	0	105
Repayment of Long-Term Borrowings	-8	0	0	0	0	0	-1	0	-3	-11
Repayment of Short-Term Borrowings	0	0	-7	0	0	-74	0	0	-72	0
Dividend Paid	-18	-64	-59	-77	-164	0	-14	-200	-243	-157
Interest Paid	-3	-2	-2	-4	-3	-4	-5	-13	-21	-26
Others	-4	-5	-2	-2	-34	0	0	0	0	0
Net Cash Flow	46	-30	9	-39	49	20	-58	-6	5	3