Banco Products (I) logo

Banco Products (I) share price

NSE: BANCOINDIABSE: 500039Auto ComponentsSmall Cap

Last close ₹558.40down ₹24.40 (4.19%)BSE ₹558.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹582.80.

52-week range of traded prices to 23 Oct 2026
₹502.00Low, 30 Mar 2026₹865.00High, 14 Nov 2025
Market cap
₹7,987 Cr590th largest listed
P/E
16.2
P/B
4.7
Dividend yield
4.12%
ROE
33.1%
ROCE
26.9%
Debt to equity
0.25
Volume, NSE
1,95,92048.3% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−23.0%over a year · Nifty Microcap 250 +0.4% · Nifty 500 −9.8%

ResultsDividend20-session average 68,841 shares a day, 50.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 8 Aug

Revenue
₹1,184 Crup 7.75%
Net profit
₹122 Crdown 16.99%
Net margin
10.3%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty. From the year to Mar 2019, the company's revenue for that year, ₹1,567 Cr, differs from its quarters added, ₹1,591 Cr.

₹ croreSep 2024Filed 13 NovDec 2024Filed 8 FebMar 2025Filed 3 FebJun 2025Filed 8 AugSep 2025Filed 13 NovDec 2025Filed 12 FebMar 2026Filed 28 MayJun 2026Filed 8 Aug
Revenue8956398759701,0387891,0991,184
Net profit1393115411013986147122
Net margin15.5%4.8%17.5%11.3%13.4%10.9%13.4%10.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Auto Parts and Equipments, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018 and Mar 2019: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 56% of 2,023 trading days over the last 10 years.

LowestHighest
Its median14.7Industry median23.3
Price to book

At or below today's level on 77% of 1,980 trading days since Oct 2018.

LowestHighest
Its median1.6Industry median2.5
EV to EBITDA11.7

At or below today's level on 76% of 1,980 trading days since Oct 2018.

LowestHighest
Its median6.2Industry median13.3
Dividend yield

At or below today's level on 54% of 2,479 trading days over the last 10 years.

LowestHighest
Its median3.96%Industry median0.62%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+50.6%+23.0%+18.8%4.6%
3 years+68.9%+26.9%+30.1%3.7%
5 years+55.4%+33.5%+11.1%7.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters67.88%
  • Foreign institutions3.98%
  • Indian institutions0.29%
  • Individuals and others27.85%
Holder
Mehul Kanubhai PatelPromoter55.59%
Samir Kanubhai PatelPromoter7.01%
Hasumati Kanubhai PatelPromoter2.07%
Monal Samirbhai PatelPromoter1.83%
Ashit Chandubhai PatelNon-resident Indians1.17%
Banco Aluminium Private LimitedPromoter0.81%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

9 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 8 of the 8 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
3
Cut
5
Held unchanged
1
Fund
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund1,21,1800.30%₹7.35 Cr
Groww Mutual Fund logoGroww Nifty Total Market Index FundGroww Mutual Fund7920.01%₹0.05 Cr
Angel One Mutual Fund logoAngel One Nifty Total Market Momentum Quality 50 Index FundAngel One Mutual Fund7620.13%₹0.05 Cr
Angel One Mutual Fund logoAngel One Nifty Total Market Momentum Quality 50 ETFAngel One Mutual Fund3350.13%₹0.02 Cr
Angel One Mutual Fund logoAngel One Nifty Total Market Index FundAngel One Mutual Fund1320.01%₹80,030
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund1310.01%₹79,000
Mirae Asset Mutual Fund logoMirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund1090.01%₹66,000
Bandhan Mutual Fund logoBandhan Nifty Total Market Index FundBandhan Mutual Fund940.01%₹57,000
Angel One Mutual Fund logoAngel One Nifty Total Market ETFAngel One Mutual Fund920.01%₹55,780
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Auto Components & Equipments, 155 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Banco Products (I) in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Varroc Engineering logoVarroc EngineeringVARROC11,67759.26.614.3+14.7%+47.3%11.8%20.4%0.20%
JBM Auto logoJBM AutoJBMA11,52151.47.519.8+12.5%+9.2%15.5%12.1%0.17%
Ramkrishna Forgings logoRamkrishna ForgingsRKFORGE10,969102.63.318.4+8.5%–3.4%6.4%0.17%
ASK Automotive logoASK AutomotiveASKAUTOLTD10,85834.38.320.1+27.9%+23.2%26.9%23.0%0.34%
Pricol logoPricolPRICOLLTD7,67928.76.116.0+43.3%+56.4%23.6%23.0%0.32%
Steel Strips Wheels logoSteel Strips WheelsSSWL7,37234.74.114.8+19.9%+5.3%12.4%15.6%0.32%
SKF India logoSKF IndiaSKFINDIA6,938–5.2–−38.6%−60.1%––2.85%
Suprajit Engineering logoSuprajit EngineeringSUPRAJIT6,19033.14.315.5+18.4%+71.1%13.8%13.0%0.78%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹23.00 a share, year to Mar 2026.
Ex-dateTypePer share
11 Sep 2026Final₹8.00
18 Mar 2026Interim₹8.00
19 Nov 2025Interim₹7.00
14 Feb 2025Interim₹11.00
16 Feb 2024Interim₹20.00
7 Sep 2023Final₹14.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Banco Products (I) share price by year

Each calendar year to 2025.Banco Products (I) share price history

YearClose at year endChangeHighest closeLowest close
2025688.85+44.9%875.05308.25
2024475.45+48.8%578.50260.88
2023319.58+219.5%326.5395.73
2022100.03+15.8%132.6860.70
202186.35+16.9%110.6867.88
202073.88+36.9%73.9529.18
201953.95−41.4%92.3845.93
201892.08−29.1%135.9582.23
2017129.95+38.0%131.8895.13
201694.20+31.2%119.1046.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026581.00582.20545.00558.40556.621,95,92048.3%
22 Oct 2026590.00590.00580.00582.80584.1244,60746.5%
21 Oct 2026597.15599.80584.75590.15590.861,08,73247.0%
19 Oct 2026609.90609.90597.05601.25599.9451,19253.4%
16 Oct 2026602.15607.45596.75604.55602.9545,93551.5%
15 Oct 2026603.00607.00596.10602.15602.0954,47449.2%
14 Oct 2026586.10604.00586.10600.85599.0559,56351.8%
13 Oct 2026591.00594.90588.00590.25590.5543,75952.5%
12 Oct 2026591.20601.15589.30593.20594.2360,51249.9%
9 Oct 2026590.35596.95582.50590.80590.5141,46643.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
30 Dec 2024Bonus0.5000Holders received 1 bonus share for every 1 held.
18 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
23 Nov 2007Split0.2000Each share became 5.
30 Aug 2007Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Legal name
Banco Products (I) Limited
NSE symbol
BANCOINDIA
BSE code
500039
ISIN
INE213C01025
Industry
Auto Components
Listed
Jan 1987 on BSE, Dec 2006 on NSE
Face value
₹2
Former symbols
BANCOPROD
CIN
L51100GJ1961PLC001039
Corporate identity number, the registrar of companies' code for it