| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
BANCOINDIA Stock Overview
Banco Products (India) Limited, together with its subsidiaries, designs, develops, manufactures, and sells automobile components for OEM markets in India and internationally.
Banco Products (India) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹174.45 |
| 52 Week High | ₹225.10 |
| 52 Week Low | ₹120.00 |
| Beta | 1.11 |
| 1 Month Change | -6.26% |
| 3 Month Change | -17.93% |
| 1 Year Change | 35.55% |
| 3 Year Change | 4.27% |
| 5 Year Change | -8.23% |
| Change since IPO | -41.15% |
Recent News & Updates
Banco Products (India)'s (NSE:BANCOINDIA) Promising Earnings May Rest On Soft Foundations
Despite posting some strong earnings, the market for Banco Products (India) Limited's ( NSE:BANCOINDIA ) stock hasn't...
Here's Why I Think Banco Products (India) (NSE:BANCOINDIA) Might Deserve Your Attention Today
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Shareholder Returns
| BANCOINDIA | IN Auto Components | IN Market | |
|---|---|---|---|
| 7D | -5.7% | -5.1% | -3.3% |
| 1Y | 35.5% | 40.6% | 43.0% |
Return vs Industry: BANCOINDIA underperformed the Indian Auto Components industry which returned 49.5% over the past year.
Return vs Market: BANCOINDIA underperformed the Indian Market which returned 47.7% over the past year.
Price Volatility
| BANCOINDIA volatility | |
|---|---|
| BANCOINDIA Average Weekly Movement | 4.4% |
| Auto Components Industry Average Movement | 5.2% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 3.8% |
Stable Share Price: BANCOINDIA is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BANCOINDIA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1961 | 608 | n/a | https://www.bancoindia.com |
Banco Products (India) Limited, together with its subsidiaries, designs, develops, manufactures, and sells automobile components for OEM markets in India and internationally. The company offers engine cooling modules, such as radiators, charged air coolers, fuel coolers, oil coolers, condensers, sealing gaskets, and static sealing elastomers. Its products are used in passenger cars; light, medium, and heavy commercial vehicle; agricultural tractors; high performance bikes; agriculture harvesters; construction machineries; power generation equipment; traction rail locomotives; and other related equipment applications.
Banco Products (India) Fundamentals Summary
| BANCOINDIA fundamental statistics | |
|---|---|
| Market Cap | ₹12.47b |
| Earnings (TTM) | ₹1.50b |
| Revenue (TTM) | ₹18.70b |
8.3x
P/E Ratio0.7x
P/S RatioIs BANCOINDIA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BANCOINDIA income statement (TTM) | |
|---|---|
| Revenue | ₹18.70b |
| Cost of Revenue | ₹11.21b |
| Gross Profit | ₹7.49b |
| Expenses | ₹5.98b |
| Earnings | ₹1.50b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 21.02 |
| Gross Margin | 40.04% |
| Net Profit Margin | 8.04% |
| Debt/Equity Ratio | 0.6% |
How did BANCOINDIA perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield10%
Payout RatioValuation
Is Banco Products (India) undervalued compared to its fair value and its price relative to the market?
8.29x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BANCOINDIA (₹174.45) is trading above our estimate of fair value (₹10.03)
Significantly Below Fair Value: BANCOINDIA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BANCOINDIA is good value based on its PE Ratio (8.3x) compared to the Indian Auto Components industry average (19.8x).
PE vs Market: BANCOINDIA is good value based on its PE Ratio (8.3x) compared to the Indian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BANCOINDIA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BANCOINDIA is good value based on its PB Ratio (1.4x) compared to the IN Auto Components industry average (2x).
Future Growth
How is Banco Products (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.1%
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Banco Products (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Banco Products (India) performed over the past 5 years?
2.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BANCOINDIA has a high level of non-cash earnings.
Growing Profit Margin: BANCOINDIA's current net profit margins (8%) are higher than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: BANCOINDIA's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: BANCOINDIA's earnings growth over the past year (68.4%) exceeds its 5-year average (2.5% per year).
Earnings vs Industry: BANCOINDIA earnings growth over the past year (68.4%) underperformed the Auto Components industry 124.1%.
Return on Equity
High ROE: BANCOINDIA's Return on Equity (16.4%) is considered low.
Financial Health
How is Banco Products (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: BANCOINDIA's short term assets (₹9.9B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: BANCOINDIA's short term assets (₹9.9B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: BANCOINDIA has more cash than its total debt.
Reducing Debt: BANCOINDIA's debt to equity ratio has reduced from 5.4% to 0.6% over the past 5 years.
Debt Coverage: BANCOINDIA's debt is well covered by operating cash flow (385%).
Interest Coverage: BANCOINDIA earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Banco Products (India) current dividend yield, its reliability and sustainability?
1.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BANCOINDIA's dividend (1.15%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: BANCOINDIA's dividend (1.15%) is low compared to the top 25% of dividend payers in the Indian market (1.44%).
Stability and Growth of Payments
Stable Dividend: BANCOINDIA's dividend payments have been volatile in the past 10 years.
Growing Dividend: BANCOINDIA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9.5%), BANCOINDIA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Banco Products (India) has no CEO, or we have no data on them.
Leadership Team
Experienced Management: BANCOINDIA's management team is considered experienced (2.6 years average tenure).
Board Members
Experienced Board: BANCOINDIA's board of directors are considered experienced (6.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Banco Products (India) Limited's employee growth, exchange listings and data sources
Key Information
- Name: Banco Products (India) Limited
- Ticker: BANCOINDIA
- Exchange: NSEI
- Founded: 1961
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹12.466b
- Shares outstanding: 71.52m
- Website: https://www.bancoindia.com
Number of Employees
Location
- Banco Products (India) Limited
- Bil, Near Bhaili Railway Station
- Padra Road
- Vadodara
- Gujarat
- 391410
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/26 15:59 |
| End of Day Share Price | 2021/11/26 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.