IP
IndiaPulse

BANCOINDIA

Micro Cap

Banco Products (I) Limited

Auto

Banco Products (I) Limited operates in Gaskets, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹681.45
+53.65 · +8.55%
Quote09 Jun, 12:00 am
Fundamentals08 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Investable fundamentals, management trust is supportive, price trend is neutral, and recent execution is mixed.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
UNDERVALUED
72

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Healthy Trust
82

low confidence · 0/0 claims checked

Technical
Neutral
57

Timing lens: price trend and sector relative strength.

Result consistency
mixed
57

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Bad · 2/100

PAT -5% YoY · margin compression · Rev +26% YoY · +39% QoQ

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹1,099 Cr+25.6%+39.3%
EBITDA₹225 Cr+5.1%+80.0%
Operating margin20.0%-400 bps+400 bps
PAT₹147 Cr-4.5%+70.9%
PAT margin13.4%-422 bps+248 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer presentation review pending

Banco Products (I) Limited operates in Gaskets, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Technical timing lens

Trend score and candlestick chart

57Neutral

SMA20 +6.6% / mo · near 52W high

Stock trend: 60
Sector RS: 52
Sector 3M: +0.4% vs Nifty +0.1%

Technical chart

BANCOINDIAdaily · 5Y-15.6%
Latest close ₹681.45 on 2026-06-09
Bar
+8.0%
RSI
66
MACD hist
3.19
52W pos
49%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹484₹584₹684₹783₹88352H52L2025-122026-03Vol2025-112026-012026-022026-042026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)

Technical trend read

Neutral

Trend is undirectional — long-term trend unclear. RSI 66.

  • SMA20 rising (~1.1% over last month) — short-term momentum positive.
  • RSI(14) at 66 — sideways, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 21% off 52W high · 36% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

72U-SCORE
Top Setup

Fundamental score breakdown

UNDERVALUED
Valuation8/30
Growth21/25
Quality19/20
Balance Sheet11/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
72

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

72/100 · UNDERVALUED

Positive drivers

  • Piotroski is strong at 8/9.
  • Fair-value margin of safety is positive at 38.7%.
  • Quality contributes 19/20 to the score.

Main drags

  • Valuation is weaker at 8/30; verify the latest quarterly trend.
  • Balance sheet is weaker at 11/15; verify the latest quarterly trend.
  • Cash flow is weaker at 8/10; verify the latest quarterly trend.
Sector valuation model

Cyclical valuation: normalized earnings, not just trailing PE

Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.

Cyclical normalized
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
19.2
PB
5.3
EV/EBITDA
11.7
ROE
31.2%
ROCE
30.9%
FCF Yield
2.3%
Debt/Equity
0.4
MoS
+38.7%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
72
Previous: 75 (-3)
Verdict
UNDERVALUED
Previous: DEEP VALUE
Margin of safety
+38.7%
Previous: +43.6%

Score history

12 stored score snapshots. Latest stored move: +0 points.

08 Jun 2026
v4.2-nightly
74
73
71
71
75
75
75
75
75
75
75
75

Factor attribution

Valuation
8-3
was 11
Trust Score
82Healthy Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Healthy Trust: Claim history is still being built. It ranks around the 95th percentile of the scored universe and 90th percentile within Auto. Main check: results consistency is weak at 57/100.

High Trust Lite: Promoter holding is 67.9%. Key concern: OPM spread across recent quarters is 15%.

Computed 22 May 2026
trust-lite-v1
0 docs indexed · 0 concall links
Score band
Healthy Trust

Generally investable credibility. Look for weak sub-scores before increasing position size.

Relative rank
95th percentile

overall median 67 · Auto: 90th pctile, median 71 · Micro: 92nd pctile, median 71

Evidence depth
Financial-only

0 documents indexed, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Healthy Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
98
strong · capital discipline
Results
57
watch · quarterly consistency

Trust positives

  • Promoter holding is 67.9%.
  • Promoter pledge is zero.
  • FCF yield is positive at 1.1%.
  • 10 years of positive FCF.

Trust risks

  • OPM spread across recent quarters is 15%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹299.03
-127.9% MoS
DCF Fair PE
33.0
DCF Fair Value
₹1,111.44
+38.7% MoS
PEG
0.64

Fundamentals

Valuation

P/E
19.20
P/B
5.32
EV/EBITDA
11.74
Market Cap
8968.00Cr

Profitability

ROE
31.20%
ROCE
30.90%
ROA
15.76%
Dividend Y
2.39%

Growth (CAGR)

Revenue 5Y
21.00%
EPS 5Y
33.00%
Revenue 3Y
19.00%
EPS 3Y
25.00%

Balance Sheet

Debt/Equity
0.36
Interest Coverage
29.61×
Altman Z
6.88
Book Value
118.00

Cash Flow

FCF Yield
2.29%
FCF Positive Y
10/5
OCF
380.00 Cr
EPS TTM
33.68

Shareholding

Promoter Hold
67.88%
Promoter Pledge
0.00%
Momentum 52W
33%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
Latest: 1,245+12.7% vs prev
01245Mar 2017: 510Mar 2018: 619Mar 2019: 736Mar 2020: 598Mar 2021: 654Mar 2022: 795Mar 2023: 1,004Mar 2024: 1,011Mar 2025: 1,105Mar 2026: 1,245FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 419+57.5% vs prev
0419.0Mar 2017: 110Mar 2018: 120Mar 2019: 123Mar 2020: 70.0Mar 2021: 80.0Mar 2022: 86.0Mar 2023: 246Mar 2024: 255Mar 2025: 266Mar 2026: 419FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 39.8+27.2% vs prev
039.8Mar 2017: 19.9%Mar 2018: 19.5%Mar 2019: 18.6%Mar 2020: 13.1%Mar 2021: 13.0%Mar 2022: 12.6%Mar 2023: 33.7%Mar 2024: 34.4%Mar 2025: 31.3%Mar 2026: 39.8%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.