IP
IndiaPulse

Banco Products (I) Limited (BANCOINDIA)

Micro Cap

Auto stocks · Micro cap · NSE

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.

₹623.5
+6.60 · +1.07%
Quote04 Sept, 03:55 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 26.5 (n=128)
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.

Strong fundamentals, management trust is supportive, but price trend argues for patience. Suitable for staggered entry or watchlist confirmation rather than aggressive buying.

Suggested next step
Add to watchlist
Fundamental setup is interesting, but technical confirmation is weak.
Strong U-Score but weak trend: timing is not confirming the thesis.
U-Score
DEEP VALUE
80

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

Trust
Healthy Trust
81

low confidence · 0/0 claims checked

Technical
Bearish
35

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 30 Jun 2026

Average · 52/100

margin compression · Rev +22% YoY · PAT +11% YoY · +8% QoQ

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹1,184 Cr+22.1%+7.7%
EBITDA₹213 Cr+17.0%-5.3%
Operating margin18.0%-100 bps-200 bps
PAT₹122 Cr+10.9%-17.0%
PAT margin10.3%-104 bps-308 bps

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

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

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 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

35Bearish

SMA20 -4.2% / mo · MACD + · sector -3.3pp vs Nifty (3M)

Stock trend: 38
Sector RS: 31
Sector 3M: -4.8% vs Nifty -1.5%

Technical chart

BANCOINDIAdaily · 1Y · AUTO+6.9%
Latest close ₹623.50 on 2026-09-04
Bar
+0.8%
RSI
47
MACD hist
0.39
52W pos
32%
2026-09-04O ₹618.40H ₹629.10L ₹616.50C ₹623.50Vol 77,773 sh
₹491.65₹548.56₹605.48₹662.39₹719.3052L623.502026-032026-06VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Mixed signals

Signals are conflicting — long-term trend down. RSI 47. Wait for confirmation.

  • Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
  • SMA20 falling (~4.4% over last month) — short-term momentum negative.
  • RSI(14) at 47 — sideways, no extreme reading.
  • MACD above signal, histogram expanding — bullish momentum building.
  • 29% off 52W high · 24% 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.

Valuation & score drivers

U-Score 80 · DEEP VALUE · pillar breakdown, sector model, fair-value anchor

80U-SCORE
Top Setup

Fundamental score breakdown

DEEP VALUE
Valuation14/30
Growth21/25
Quality20/20
Balance Sheet12/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
80

Why this score?

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

80/100 · DEEP VALUE

Positive drivers

  • Piotroski is strong at 8/9.
  • Fair-value margin of safety is positive at 54.6%.
  • Quality contributes 20/20 to the score.

Main drags

  • Valuation is weaker at 14/30; verify the latest quarterly trend.
  • Balance sheet is weaker at 12/15; 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
18.5
PB
5.3
EV/EBITDA
11.1
ROE
30.2%
ROCE
30.9%
FCF Yield
2.3%
Debt/Equity
0.4
MoS
+54.6%
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: 05 Sept 2026
v4.3-runtime-valuation
Final score
80
Previous: 80
Verdict
DEEP VALUE
Previous: DEEP VALUE
Margin of safety
+54.6%
Previous: +54.6%

Score history

12 stored score snapshots. Latest stored move: +1 points.

05 Sept 2026
v4.3-runtime-valuation
75
78
79
78
78
80
78
79
80
79
79
80

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹303
-105.8% MoS
Growth-justified P/E
39.8
Growth-justified Value
₹1,374.55
+54.6% MoS
PEG
0.64

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
81Healthy 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 93rd percentile of the scored universe and 84th 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 05 Sept 2026
management-trust-v1
6 docs text-extracted · 0 concalls text-extracted
Score band
Healthy Trust

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

Relative rank
93rd percentile

overall median 67 · Auto: 84th pctile, median 74 · Micro: 86th pctile, median 73

Evidence depth
Financial-only

6 documents have extracted text, 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
90
strong · capital discipline
Results
57
watch · quarterly consistency

Trust positives

  • Promoter holding is 67.9%.
  • Promoter pledge is zero.
  • FCF yield is positive at 2.3%.
  • 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.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
18.50
P/B
5.29
EV/EBITDA
11.12
Market Cap
8918.00Cr

Profitability

ROE
30.20%
ROCE
30.90%
ROA
16.19%
Dividend Y
3.69%

Growth (CAGR)

Revenue 5Y
21.00%
EPS 5Y
32.00%
Revenue 3Y
19.00%
EPS 3Y
24.00%

Balance Sheet

Debt/Equity
0.36
Interest Coverage
33.90×
Altman Z
6.97
Book Value
118.00

Cash Flow

FCF Yield
2.30%
FCF Positive Y
10/5
OCF
380.00 Cr
EPS TTM
34.58

Shareholding

Promoter Hold
67.88%
Promoter Pledge
0.00%
Momentum 52W
32%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in Auto, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.