659.15
+10.19%
Close of 9 Nov 2026, in INR
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About Banco Products (India)
Its shares trade on NSE under the ticker BANCOINDIA.NS. It has been listed since 11 September 1995. In the fiscal year to 31 March 2026, it reported revenue of ₹38.96bn and net income of ₹4.82bn. At that date it held total assets of ₹30.58bn and shareholders' equity of ₹16.84bn.
Banco Products (India) Ltd. engages in the design, manufacture, and supply of engine cooling modules for automotive and industrial applications. The company is headquartered in Vadodara, Gujarat. Its engine cooling systems include radiators, charged air coolers, oil coolers- transmission and hydraulic, fuel coolers, battery coolers, inverter coolers, in aluminum and copper/brass configurations and accessories expansion tanks, fan motor assembly, fan shroud and guard and miscellaneous mounting and plumbing accessories. Its engine sealing systems include engine cylinder head and peripheral gaskets, heat shields and industrial gaskets with a material range and sizes for applications of sealing. Its range of materials includes multi-layered steel (MLS), graphite composite gaskets, steel fiber composite gaskets, compressed fiber jointing sheet gaskets, rubber cork gaskets, rubber pre-coated beaded gaskets, edge molded gaskets and copper gaskets. Its subsidiaries include Banco Gaskets (India) Limited and Nederlands Radiateuren Fabriek B.V.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Auto Components
- Listed since
- 11 Sept 1995
- Employees
- 655
- Website
- bancoindia.com ↗
Leadership
Pay as last reported
- Shri. Mehul PatelWhole-Time Chairman of the Board, since 1990₹41.5m
- Mr. Sachin KotakChief Financial Officer
- Mr. Venkata SamiChief Technology Officer, Additional Executive Director, since 2023
- Ms. Preeti YadavCompany Secretary and Compliance Officer
- Shri. Sharan PatelWhole Time Director, since 2021₹6.2m
- Mr. Shivam PatelAdditional Non-Executive Director
- Mr. Anand MajmudarIndependent Director
- Mr. Pranav PatelIndependent Director
- Mrs. Ameeta ManoharNon-Executive Independent Woman Director₹414,000
- Shri. Tarak PatelAdditional Non-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Banco Products (India) Ltd. supplies engine cooling modules for automotive applications with 655 employees.
- Banco Gaskets (India) Limited is a subsidiary focusing on sealing systems for engine components.
- Nederlands Radiateuren Fabriek B.V. provides radiator solutions in Europe for industrial applications.
Weaknesses
- Banco Products (India) Ltd. operates in the Consumer Discretionary sector with limited market diversification.
- The company's engine cooling systems are specific to automotive and industrial applications only.
- Banco Products (India) Ltd. has no mention of digital transformation initiatives in its business description.
Opportunities
- Expansion into electric vehicle cooling systems presents a new market opportunity.
- Growing demand for aluminum-based cooling components in the Auto Components industry.
- Increasing global automotive production in India supports company growth potential.
Threats
- Rising raw material costs for aluminum and copper/brass configurations in engine cooling modules.
- Competition from established auto component manufacturers in the Indian market.
- Economic slowdowns affecting automotive sector investments and demand.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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