Banco Products (I) quarterly results and financials

Banco Products (I) (BANCOINDIA)₹659.15−3.75%(9 Nov 2026 close)Auto Components & Equipments

Key facts

In the Jun 2026 quarter (consolidated), Banco Products (I) reported sales of ₹1,184 Cr, up 22.0% from Jun 2025, and net profit of ₹122 Cr, up 10.8% year on year. For the year to Mar 2026, sales were ₹3,899 Cr and net profit ₹481 Cr.

Sales (Jun 2026): ₹1,184 Cr
Net profit (Jun 2026): ₹122 Cr
Sales (FY Mar 2026): ₹3,899 Cr
Net profit (FY Mar 2026): ₹481 Cr
EPS (Jun 2026): ₹8.54
Borrowings (Mar 2026): ₹616 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Banco Products (I) quarterly results

₹ crore unless stated; each column is a quarter.

Banco Products (I) Quarterly results
	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	726	571	725	804	895	640	875	971	1,039	788	1,100	1,184
Expenses	602	482	610	671	689	580	660	788	888	664	873	970
Operating Profit	122	88.71	114	133	205	57.82	213	181	149	125	224	212
OPM %	17.0%	16.0%	16.0%	16.9%	23.0%	9.0%	24.0%	18.9%	14.0%	15.9%	20.0%	18.0%
Other Income	3.01	12.02	6.01	2.01	17.02	5.01	19.02	14.01	59.08	27.04	20.01	6.01
Interest	6.02	4.02	7.02	7.02	6.02	5.02	8.03	7.02	8.04	8.03	0.00	5.02
Depreciation	16.01	16.99	27.99	18.99	18.99	20.01	35.96	24.01	25.01	25.98	59.98	34.99
Profit before tax	104	81.07	86.09	109	197	39.06	190	164	175	119	186	179
Tax %	35.9%	15.0%	20.0%	37.0%	30.0%	21.0%	18.9%	33.0%	20.0%	28.0%	21.0%	31.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.99	2.99	0.00
Net Profit	65.92	67.89	67.85	68.84	139	30.94	154	110	139	85.84	147	122
EPS (Rs)	4.61	4.77	4.76	4.79	9.68	2.15	10.71	7.65	9.70	5.99	10.28	8.54

Banco Products (I) profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Banco Products (I) Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,149	1,238	1,336	1,567	1,422	1,534	1,959	2,333	2,770	3,213	3,899	4,111
Expenses	1,001	1,096	1,156	1,404	1,299	1,353	1,684	1,964	2,339	2,599	3,211	3,395
Operating Profit	146	144	179	161	122	177	271	365	427	609	679	710
OPM %	13.0%	12.0%	13.0%	10.0%	9.0%	12.0%	13.9%	15.9%	15.0%	19.0%	17.0%	17.3%
Other Income	11.02	32.03	18.01	10.01	25.02	9.01	5.01	14.02	32.05	43.04	120	112
Interest	3.01	2.01	2.01	4.02	3.01	4.02	5.02	13.05	21.06	26.08	23.10	21.09
Depreciation	34.99	32.99	27.98	28.99	32.99	34.01	48.01	55.98	75.99	93.91	135	146
Profit before tax	119	141	167	138	111	150	224	312	363	534	645	660
Tax %	25.0%	31.0%	29.9%	50.0%	30.9%	24.0%	31.9%	23.9%	25.0%	26.9%	25.0%	—
Exceptional items	0.00	11.98	0.00	0.00	2.99	0.00	0.00	−0.99	−3.99	12.98	15.97	12.98
Net Profit	89.86	96.77	117	68.89	76.86	114	152	236	270	391	481	493
EPS (Rs)	6.28	6.79	8.15	4.82	5.35	7.94	10.64	16.44	18.96	27.34	33.60	34.51
Dividend payout %	37.0%	66.0%	61.0%	83.0%	187.0%	13.0%	94.0%	67.0%	53.0%	40.0%	0.0%	—

Banco Products (I) balance sheet

₹ crore, at each year end.

Banco Products (I) Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	13.97	13.98	13.97	13.98	13.98	13.97	13.97	13.96	13.96	13.97	28.94	28.93
Reserves	606	676	707	795	820	698	816	969	988	1,039	1,277	1,660
Borrowings	36.07	36.13	38.10	34.11	40.11	92.36	14.05	115	419	424	575	616
Other Liabilities	163	231	210	355	320	286	343	403	433	506	864	756
Total Liabilities	819	957	970	1,198	1,196	1,090	1,188	1,502	1,855	1,982	2,744	3,061
Fixed Assets	227	221	192	191	184	193	190	297	359	454	516	472
CWIP	10.96	2.99	3.99	12.97	12.97	2.99	0.99	14.97	17.96	9.97	4.99	10.98
Investments	1.01	1.01	91.06	24.02	69.14	9.01	1.01	1.01	0.00	0.00	38.03	79.12
Other Assets	581	731	683	970	929	884	996	1,190	1,477	1,519	2,185	2,498
Inventories	255	326	321	438	478	474	562	718	991	919	1,377	1,495
Trade receivables	176	220	205	257	272	294	270	324	413	481	610	737
Cash & equivalents	62.99	108	85.04	200	127	70.01	123	82.04	18.01	63.01	119	81.05
Total Assets	819	957	970	1,198	1,196	1,090	1,188	1,502	1,855	1,982	2,744	3,061

Banco Products (I) cash flow

₹ crore, for each year.

Banco Products (I) Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	85.23	68.20	90.22	99.37	62.17	52.17	157	57.21	−41.10	459	164	381
Cash from investing activity	88.21	−17.04	−59.14	−22.05	−52.09	149	−59.19	−104	−23.06	−114	−73.21	−175
Cash from financing activity	−136	−5.99	−60.89	−67.82	−48.94	−153	−77.87	−10.97	58.91	−338	−88.86	−189
Net cash flow	35.91	45.86	−29.92	8.98	−38.93	48.87	19.95	−57.84	−5.98	4.99	2.99	15.95
Capex	24.04	23.06	12.03	50.07	42.07	35.05	32.04	75.17	125	95.21	78.18	139
Free cash flow	61.23	48.13	89.28	49.18	21.08	26.10	125	−15.05	−135	364	86.29	268
CFO / OP %	110.0%	70.0%	97.0%	90.0%	77.0%	72.0%	103.0%	39.0%	13.0%	128.0%	45.0%	80.0%

Banco Products (I) ratios

Working-capital days and returns, by year.

Banco Products (I) Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	56	69	59	69	62	74	63	59	64	62	68	68
Inventory days	152	190	171	217	191	212	234	225	271	210	289	263
Days payable	39	71	51	90	102	99	118	95	95	90	128	100
Cash conversion cycle	169	188	179	196	151	187	179	190	240	182	230	231
Working capital days	103	107	105	108	111	120	132	133	123	102	106	125
ROCE %	12.1%	18.0%	17.0%	21.1%	17.0%	13.0%	19.0%	24.0%	26.0%	27.0%	32.0%	31.0%

Banco Products (I): frequently asked questions

What are the latest quarterly results of Banco Products (I)?

For the Jun 2026 quarter, Banco Products (I) reported sales of ₹1,184 Cr, up 22.0% year on year and net profit of ₹122 Cr, up 10.8% year on year. The operating margin was 18.0%.

What is the annual revenue of Banco Products (I)?

Banco Products (I)'s sales for the year to Mar 2026 were ₹3,899 Cr; over the last twelve months they were ₹4,111 Cr.

What is the net profit of Banco Products (I)?

Net profit for the year to Mar 2026 was ₹481 Cr, and ₹493 Cr over the last twelve months. Earnings per share over the same trailing period were ₹34.51.

How much debt does Banco Products (I) have?

Banco Products (I) reported borrowings of ₹616 Cr at Mar 2026, against cash and equivalents of ₹81.05 Cr.

What is the free cash flow of Banco Products (I)?

Cash from operations was ₹381 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹268 Cr.

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