Banco Products (India) Ltd

Banco Products (India) Ltd

Next 500 2024
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+ 9 More
OVERVIEW
FINANCIALS

About

Banco Products India specializes in manufacturing engine cooling systems, gaskets, and radiators for the automotive and industrial sectors. With a strong presence in domestic and international markets, the company supplies high-performance components that meet stringent quality standards. Its product portfolio caters to passenger vehicles, commercial vehicles, and industrial applications, ensuring efficient thermal management and durability. Banco Products is committed to innovation and technological advancements, continuously improving its offerings to align with evolving industry demands. Through strategic partnerships and a focus on precision engineering, the company plays a vital role in enhancing vehicle performance and reliability worldwide.

Incorporation Year: 1961
Headquarters: Vadodara, India
Top Management: Mehul K. Patel - Chairman / MD
Industry: Auto Ancillaries

Featured In Fortune India Ranking

Next 500 India
#133(2024)#103(2023)#72(2022)#99(2021)#106(2020)#114(2019)#147(2018)#164(2017)#158(2016)#195(2015)
#133(2024)#103(2023)#72(2022)#99(2021)#106(2020)#114(2019)#147(2018)#164(2017)#158(2016)#195(2015)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
2,730
(INR Cr)
Net Operating Income
2,768
(INR Cr)
Assets
1,500
(INR Cr)
Profit
271
(INR Cr)
Net Worth
1,051
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
2730
6.3%
2568
22.6%
2095
31.0%
1599
9.5%
1461
-10.4%
1631
15.8%
1408
10.0%
1280
1.2%
1265
7.3%
1178
-1.0%
1190
11.8%
1065
3.6%
1028
16.4%
883
86.9%
473
60.3%
295
-
Net Operating Income
(INR Cr)
2768
18.72%
2332
19.10%
1958
27.75%
1533
7.77%
1422
-9.23%
1567
17.30%
1336
7.77%
1239
2.91%
1204
6.69%
1129
-2.84%
1162
13.44%
1024
0.52%
1019
16.82%
872
89.12%
461
0.00%
288
-3.66%
Profit
(INR Cr)
271
15.2%
236
54.6%
152
34.0%
114
48.5%
77
10.9%
69
-40.8%
117
20.1%
97
8.1%
90
2.6%
88
-2.4%
90
46.5%
61
-19.9%
77
16.6%
66
-16.5%
79
89.6%
41
-
Assets
(INR Cr)
1500
4.9%
1430
27.7%
1119
31.7%
850
5.1%
809
-8.0%
879
3.8%
847
11.1%
763
4.8%
728
10.4%
659
-13.7%
763
10.9%
689
20.3%
572
19.0%
481
18.4%
406
127.2%
179
-
Net Worth
(INR Cr)
1051
5.0%
1001
2.0%
981
18.5%
828
16.7%
709
-14.7%
832
3.1%
807
12.2%
720
4.7%
687
11.0%
619
5.3%
588
24.6%
472
11.5%
423
20.2%
352
13.8%
309
0.0%
169
24.8%
Employee Cost
(INR Cr)
282
22.9%
229
16.9%
196
5.7%
186
-3.2%
192
4.6%
183
9.3%
168
3.6%
162
3.7%
156
-3.6%
162
2.8%
158
14.4%
138
10.7%
124
12.5%
111
224.7%
34
135.1%
14
-
Interest Cost
(INR Cr)
21135434223819169923
Cash & Bank Balance
(INR Cr)
631882123701272008510863272036294011
Total Debt
(INR Cr)
42341811514924034383636172214147127969

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 9.9%9.2%7.3%7.1%5.2%4.2%8.3%7.6%7.1%7.4%7.6%5.8%7.5%7.4%16.6%14.1%
Profit As % Of Assets 18.1%16.5%13.6%13.4%9.5%7.9%13.8%12.8%12.4%13.3%11.8%8.9%13.4%13.7%19.4%23.2%
Profit As % Of Networth 25.8%23.5%15.5%13.7%10.8%8.3%14.5%13.5%13.1%14.2%15.3%13.0%18.1%18.7%25.4%24.5%
Interest Cost to EBITDA % 5.1%3.5%1.9%2.0%2.5%2.6%1.0%1.4%2.2%8.2%11.7%13.8%7.0%8.2%2.3%5.0%
Debt to Equity Ratio 0.400.420.120.020.130.050.040.050.050.060.290.450.350.360.310.06
RONW 26.5%23.8%16.9%14.8%9.9%8.4%15.3%12.2%13.8%9.9%17.0%13.7%19.7%19.8%25.4%27.2%
ROCE 26.2%25.4%23.3%18.5%13.6%16.5%21.0%16.8%17.7%11.9%19.4%15.7%21.0%21.3%25.0%30.1%