Listed below is one of the multi-bagger stocks that specializes in the design and manufacture of engine cooling and sealing systems for automotive, off-highway, and industrial applications. The stock has delivered multi-bagger returns of 1,801 percent to the shareholders of the company in just 5 years.
With a market capitalization of Rs. 11,967.93 crores on Friday, the shares of Banco Products (India) Ltd jumped upto 5.6 percent, making a high of Rs. 846.00 per share compared to its previous closing price of Rs. 800.90 per share. The shares closed at Rs. 836.70 at the end of the session.
On September 19, 2025, the shares of Banco Products (India) Ltd traded at Rs. 836.70, showing a gain of around 1,801 percent compared to the price of Rs. 43.65 on September 25, 2020. For example, if someone had invested Rs. 1 lakh in the company’s stock 5 years ago, it would have turned into around Rs. 19.01 lakh.
Banco Products (India) Ltd at a Glance:
Banco Products (India) Ltd, founded in 1961, is a leader in engine cooling and sealing systems for automotive and industrial applications. The company combines innovation and a commitment to quality to deliver high-performance solutions to its customers.
The company has steadily expanded its product scope and production capacities. Listed on the Indian stock exchange in 1987, it is recognized as a Star Export House by the Ministry of Commerce and Trade, Government of India. The company’s R&D Centre in Vadodara is also recognized by the Department of Science, Government of India.
Product offerings
It offers a wide range of engine cooling systems, including radiators, charge air coolers, oil coolers, fuel coolers, battery coolers, and inverter coolers in aluminum and copper/brass configurations. They also provide essential accessories like expansion tanks, fan motor assemblies, and mounting and plumbing components for enhanced system performance.
For engine sealing systems, Banco provides high-quality gaskets, heat shields, and industrial sealing solutions made from materials such as multi-layered steel, graphite composite, rubber cork, and copper. These products are designed to meet the demanding needs of both automotive and industrial applications.
Banco Products serves a diverse range of market segments, including passenger cars, commercial vehicles, agriculture, construction, railways, renewable energy (wind and solar), and industrial applications.
The company is a preferred OEM partner both in India and globally, offering integrated design and manufacturing services. Its proprietary design and FEA-simulation software, backed by over 50 years of expertise, make Banco a trusted choice for OEMs like CAT, Cummins, Tata, and Mahindra.
In the aftermarket, its products are represented by the “BANCO” and “NRF” brands, known for quality and efficient service. With a strong national and global footprint, Banco ensures product availability and offers customized training and promotional campaigns.
The company exports its products worldwide, with a significant presence in Europe and the USA through its wholly owned subsidiary, NRF, which operates three manufacturing units and 11 warehousing and distribution centers.
Also read: Adani Group stock to buy now for an upside of 29%; Recommended by Morgan Stanley
Financials & Others
The company’s revenue rose by 20.68 percent from Rs. 804 crore to Rs. 970 crore in Q4FY24-25. Meanwhile, the Net profit rose from Rs. 69 crore to Rs. 110 crore during the same period.
The company has demonstrated strong financial performance, with a 5-year profit growth of 38.9% CAGR. It maintains a healthy return on equity (ROE) of 32.2%, with a 3-year average ROE of 27.9%. The company’s return on capital employed (ROCE) stands at 32.4%, while its debt-to-equity ratio is 0.44, indicating a solid financial position.
With a stock P/E of 27.1, slightly below the industry P/E of 29.0, the company is valued competitively. It also maintains a healthy dividend payout ratio of 53.2%, reflecting its commitment to delivering value to shareholders.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
