Banco Products (I) Limited (BANCOINDIA) - Net Assets
Based on the latest financial reports, Banco Products (I) Limited (BANCOINDIA) has net assets worth Rs16.34 Billion INR (≈ $176.76 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs30.78 Billion ≈ $332.83 Million USD) and total liabilities (Rs14.43 Billion ≈ $156.07 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Banco Products (I) Limited (BANCOINDIA) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs16.34 Billion |
| % of Total Assets | 53.11% |
| Annual Growth Rate | 16.24% |
| 5-Year Change | 57.27% |
| 10-Year Change | 89.4% |
| Growth Volatility | 19.7 |
Banco Products (I) Limited - Net Assets Trend (2006–2025)
This chart illustrates how Banco Products (I) Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Banco Products (I) Limited for the complete picture of this company's asset base.
Annual Net Assets for Banco Products (I) Limited (2006–2025)
The table below shows the annual net assets of Banco Products (I) Limited from 2006 to 2025. For live valuation and market cap data, see BANCOINDIA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs13.03 Billion ≈ $140.90 Million |
+23.90% |
| 2024-03-31 | Rs10.52 Billion ≈ $113.72 Million |
+4.99% |
| 2023-03-31 | Rs10.02 Billion ≈ $108.31 Million |
+2.01% |
| 2022-03-31 | Rs9.82 Billion ≈ $106.17 Million |
+18.50% |
| 2021-03-31 | Rs8.28 Billion ≈ $89.59 Million |
+16.68% |
| 2020-03-31 | Rs7.10 Billion ≈ $76.79 Million |
-14.73% |
| 2019-03-31 | Rs8.33 Billion ≈ $90.05 Million |
+3.09% |
| 2018-03-31 | Rs8.08 Billion ≈ $87.35 Million |
+12.26% |
| 2017-03-31 | Rs7.20 Billion ≈ $77.81 Million |
+4.60% |
| 2016-03-31 | Rs6.88 Billion ≈ $74.39 Million |
+10.99% |
| 2015-03-31 | Rs6.20 Billion ≈ $67.02 Million |
+5.27% |
| 2014-03-31 | Rs5.89 Billion ≈ $63.67 Million |
+24.58% |
| 2013-03-31 | Rs4.73 Billion ≈ $51.10 Million |
+11.76% |
| 2012-03-31 | Rs4.23 Billion ≈ $45.73 Million |
+19.99% |
| 2011-03-31 | Rs3.52 Billion ≈ $38.11 Million |
+13.84% |
| 2010-03-31 | Rs3.10 Billion ≈ $33.48 Million |
+82.78% |
| 2009-03-31 | Rs1.69 Billion ≈ $18.31 Million |
+24.73% |
| 2008-03-31 | Rs1.36 Billion ≈ $14.68 Million |
+46.54% |
| 2007-03-31 | Rs926.58 Million ≈ $10.02 Million |
+24.12% |
| 2006-03-31 | Rs746.53 Million ≈ $8.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Banco Products (I) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 957820400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs9.58 Billion | 73.52% |
| Common Stock | Rs286.10 Million | 2.20% |
| Other Comprehensive Income | Rs3.16 Billion | 24.29% |
| Other Components | Rs42.00K | 0.00% |
| Total Equity | Rs13.03 Billion | 100.00% |
Banco Products (I) Limited Competitors by Market Cap
The table below lists competitors of Banco Products (I) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lampsa Hellenic Hotels S.A
AT:LAMPS
|
$957.11 Million |
|
INVENTIVA ADS/1 O.N.
F:6IVA
|
$957.19 Million |
|
Emerald Expositions Events Inc
NYSE:EEX
|
$957.39 Million |
|
SNT Dynamics Co Ltd
KO:003570
|
$957.63 Million |
|
Lingda Group Co Ltd
SHE:300125
|
$956.81 Million |
|
Allianz Malaysia Bhd
KLSE:1163
|
$956.69 Million |
|
BioLife Solutions Inc
NASDAQ:BLFS
|
$956.22 Million |
|
Jiangsu Olive Sensors High-Tech Co Ltd
SHE:300507
|
$956.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco Products (I) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,515,065,000 to 13,028,400,000, a change of 2,513,335,000 (23.9%).
- Net income of 3,918,035,000 contributed positively to equity growth.
- Dividend payments of 1,573,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 145,633,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs3.92 Billion | +30.07% |
| Dividends Paid | Rs1.57 Billion | -12.08% |
| Other Comprehensive Income | Rs145.63 Million | +1.12% |
| Other Changes | Rs23.07 Million | +0.18% |
| Total Change | Rs- | 23.90% |
Book Value vs Market Value Analysis
This analysis compares Banco Products (I) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.79x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 56.02x to 6.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs11.04 | Rs618.55 | x |
| 2007-03-31 | Rs13.70 | Rs618.55 | x |
| 2008-03-31 | Rs19.12 | Rs618.55 | x |
| 2009-03-31 | Rs23.69 | Rs618.55 | x |
| 2010-03-31 | Rs43.28 | Rs618.55 | x |
| 2011-03-31 | Rs49.25 | Rs618.55 | x |
| 2012-03-31 | Rs59.20 | Rs618.55 | x |
| 2013-03-31 | Rs66.07 | Rs618.55 | x |
| 2014-03-31 | Rs82.32 | Rs618.55 | x |
| 2015-03-31 | Rs43.33 | Rs618.55 | x |
| 2016-03-31 | Rs48.09 | Rs618.55 | x |
| 2017-03-31 | Rs50.30 | Rs618.55 | x |
| 2018-03-31 | Rs56.47 | Rs618.55 | x |
| 2019-03-31 | Rs58.21 | Rs618.55 | x |
| 2020-03-31 | Rs49.64 | Rs618.55 | x |
| 2021-03-31 | Rs57.92 | Rs618.55 | x |
| 2022-03-31 | Rs68.63 | Rs618.55 | x |
| 2023-03-31 | Rs140.03 | Rs618.55 | x |
| 2024-03-31 | Rs73.51 | Rs618.55 | x |
| 2025-03-31 | Rs91.08 | Rs618.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco Products (I) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 30.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.20%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.18x
- Recent ROE (30.07%) is above the historical average (18.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 17.03% | 7.36% | 1.25x | 1.85x | Rs52.45 Million |
| 2007 | 27.26% | 9.71% | 1.45x | 1.93x | Rs159.93 Million |
| 2008 | 31.89% | 14.49% | 1.45x | 1.52x | Rs297.21 Million |
| 2009 | 24.48% | 14.40% | 1.25x | 1.35x | Rs245.26 Million |
| 2010 | 25.39% | 17.04% | 0.88x | 1.70x | Rs476.49 Million |
| 2011 | 18.63% | 7.77% | 1.34x | 1.78x | Rs304.06 Million |
| 2012 | 18.07% | 7.51% | 1.41x | 1.71x | Rs341.87 Million |
| 2013 | 12.97% | 5.99% | 1.19x | 1.82x | Rs140.48 Million |
| 2014 | 15.26% | 7.84% | 1.21x | 1.61x | Rs309.45 Million |
| 2015 | 14.14% | 7.88% | 1.35x | 1.33x | Rs256.77 Million |
| 2016 | 13.07% | 7.55% | 1.24x | 1.40x | Rs211.02 Million |
| 2017 | 13.51% | 7.84% | 1.25x | 1.38x | Rs252.53 Million |
| 2018 | 14.46% | 8.74% | 1.09x | 1.51x | Rs360.01 Million |
| 2019 | 8.30% | 4.41% | 1.29x | 1.46x | Rs-141.86 Million |
| 2020 | 10.78% | 5.38% | 1.28x | 1.57x | Rs55.74 Million |
| 2021 | 13.73% | 7.42% | 1.26x | 1.47x | Rs308.78 Million |
| 2022 | 15.53% | 7.79% | 1.28x | 1.56x | Rs542.48 Million |
| 2023 | 23.52% | 10.10% | 1.24x | 1.88x | Rs1.35 Billion |
| 2024 | 25.81% | 9.80% | 1.37x | 1.93x | Rs1.66 Billion |
| 2025 | 30.07% | 12.20% | 1.13x | 2.18x | Rs2.62 Billion |
Industry Comparison
This section compares Banco Products (I) Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $21,751,636,111
- Average return on equity (ROE) among peers: 18.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banco Products (I) Limited (BANCOINDIA) | Rs16.34 Billion | 17.03% | 0.88x | $956.83 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $12.88 Billion | 11.93% | 2.00x | $2.31 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $937.98 Million |
| Balkrishna Industries Limited (BALKRISIND) | $50.08 Billion | 19.16% | 0.36x | $4.52 Billion |
| Bharat Gears Limited (BHARATGEAR) | $393.44 Million | 22.33% | 3.35x | $17.81 Million |
| Bosch Limited (BOSCHLTD) | $47.28 Billion | 23.74% | 0.51x | $11.48 Billion |
| CEAT Limited (CEATLTD) | $5.13 Billion | 28.95% | 2.06x | $1.50 Billion |
| CIE Automotive India Limited (CIEINDIA) | $49.08 Billion | 2.17% | 0.94x | $1.94 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $17.52 Billion | 17.38% | 1.69x | $1.98 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $2.96 Billion | 12.86% | 0.23x | $238.35 Million |
About Banco Products (I) Limited
Banco Products (India) Limited, together with its subsidiaries, engages in the manufacture and sale of heat exchangers/cooling systems in India and internationally. The company offers engine cooling systems, such as radiators, charge air coolers, oil coolers, transmission and hydraulic type, condensers, fuel coolers, battery coolers, inverter coolers configurations and accessories, expansion tank… Read more