profit from every ₹100 of sales.
₹0₹100
Banco Products (India)
₹676.55+0.74% today
-4.4% in 1 year
1-year low ₹504.351-year high ₹708.70
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹20.09 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Banco Products (India) sold, what it kept, and what it did with the cash.
Sales went from ₹23.0 billion in 2023 to ₹38.7 billion in 2026, with ₹4.82 billion of profit last year.
SalesProfit
Banco Products (India) handed back 89% of the cash it generated last year.
₹2.1B
Free cash flow 2026₹2.4B
Bought back its own shares–
Paid as dividends₹2.1B
Cash vs. debt₹308M vs. ₹6.1B
Banco Products (India) vs. similar companies
Banco Products (India) grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Banco Products (India) | 20.1× · Fair price | ||
 O'Reilly Automotive | 28.9× · Fair price | ||
 AutoZone | 20.3× · Fair price | ||
 Bridgestone | 16.3× · Fair price | ||
 Sumitomo Electric Industries | 25.0× · Fair price |
AI analysis
An AI analyst reads Banco Products (India)'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 23,005 | 27,421 | 31,872 | 38,674 | |
| 9,525 | 11,311 | 14,455 | 17,901 | |
| 3,092 | 3,523 | 5,168 | 5,467 | |
| 3,764 | 4,587 | 6,542 | 8,013 | |
| 2,356 | 2,714 | 3,918 | 4,817 | |
| 16.47 | 18.97 | 27.39 | – | |
| 41.4% | 41.2% | 45.4% | 46.3% | |
| 13.4% | 12.8% | 16.2% | 14.1% | |
| 10.2% | 9.9% | 12.3% | 12.5% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 18,837 | 20,275 | 28,464 | 30,580 |
| Cash | 70 | 168 | 225 | 308 |
| Total debt | 4,176 | 4,230 | 5,734 | 6,138 |
| Total liabilities | 8,822 | 9,760 | 15,435 | 13,737 |
| 10,015 | 10,515 | 13,028 | 16,843 | |
| 143 | 143 | 143 | – | |
| 16.9% | 19.5% | 22.4% | 21.8% | |
| 23.5% | 25.8% | 30.1% | 28.6% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -415 | 4,581 | 1,643 | 3,803 | |
| 1,255 | 952 | 642 | 1,391 | |
| -1,669 | 3,629 | 1,001 | 2,412 | |
| Dividends paid | 2,003 | 2,432 | 1,573 | 2,146 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 20.1×
- –
- –
- 5.7×
- 2.5×
- 40.1×
- 12.8×
- 2.5%
- 5.0%
- 2.2%
Profitability
- 46.3%
- 14.1%
- 12.5%
- –
- 21.8%
- 20.1%
- –
- –
- –
- –
Growth
- +18.9%
- –
- –
- –
- +0.0%
Financial health
- 0.7×
- 0.36
- –
- 29.5×
- 2.25
- –
- –
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 9%of 977
Top 25%of 992
Top 49%of 856
Top 19%of 993
Bottom 33%of 980
2.2%of the share price, paid each year
On $1,000 invested$22a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
44.5% of its profit
Room to growStretchedMore than it earns: 88.9%
News
Banco Bradesco declares $0.0038 dividendSeeking Alpha · Oct 15, 2026Banco Bradesco S.A. declares $0.0035 dividendSeeking Alpha · Oct 15, 2026Quant snapshot: Okta and Citi Trends lead top-rated names, as Banco BBVA Argentina and Prudential lagSeeking Alpha · Aug 24, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
69Pass
Benjamin Graham
60Pass
Philip Fisher
68Pass
Peter Lynch
81Pass
Joel Greenblatt
49No pass
Charlie Munger
67Pass
Terry Smith
58No pass
Questions about Banco Products (India)
Is Banco Products (India) a good stock to buy?
A solid business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Banco Products (India) AI analysis
What does Banco Products (India) do?
Banco Products (India) Limited, together with its subsidiaries, engages in the manufacture and sale of heat exchangers/cooling systems in India and internationally. It is in Auto Parts, based in Vadodara, India.
Does Banco Products (India) pay a dividend?
Yes. At today's price the dividend is 2.2% a year, about 45% of its yearly profit. In 2026 it paid out ₹2.15 billion in dividends.
Is Banco Products (India) stock halal?
Yes. Banco Products (India) passes our halal screen: its business is permitted and its debt is 6% of its market value, under the 30% limit. How we check
How has Banco Products (India) stock done over the past year?
Down 4.4% over the past twelve months, to ₹676.55. It traded between ₹504.35 and ₹708.70 and is 4.5% below its high.
Who are Banco Products (India)'s competitors?
The largest listed companies in the same industry are O'Reilly Automotive, AutoZone, Bridgestone and Sumitomo Electric Industries. The peers table on this page compares their profit, growth and price with Banco Products (India)'s.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.