Introduction:
The auto ancillary stock reported a significant 77.77% QoQ drop in PAT for Q3 FY25, reaching ₹30.93 crore. Despite a 28.81% QoQ decline in net sales, YoY net sales rose 11.89%, but the company’s profit before tax also fell 51.63% YoY.
Share Price movement of Banco Products (India):
On February 10, 2025, Banco Products (India) Ltd opened at ₹400.00, The stock hit a high of ₹411.30 and a low of ₹369.15 dropping 19.99% from its previous close of ₹461.40. Currently, it is trading at ₹369.15, with a market cap of ₹5,280.22 crore.
Banco Products (India) Q3 Results:
Banco Products (India) reported a dramatic 97.77% QoQ decline in net profit for Q3 FY25, dropping to ₹30.93 crore from ₹1,387.1 crore in Q2 FY25. This represents a 97.77% decrease in QoQ, largely driven by lower sales and increased operational costs.
Net sales in Q3 FY25 decreased by 28.81% QoQ, falling to ₹632.71 crore compared to ₹888.81 crore in Q2 FY25. However, on a YoY basis, net sales rose by 11.89% compared to ₹566.24 crore in Q3 FY24, showing stronger growth year-over-year.
Profit before tax tanked by 51.63% YoY, down from ₹80.41 crore in Q3 FY24 to ₹38.94 crore in Q3 FY25 77.7% QoQ. Total expenses rose by 20.60% QoQ, reaching ₹605.40 crore, driven by a 48.9% increase in cost of materials consumed and a 12.37% rise in employee benefits expenses.
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Stock performance of Banco Products (India) for Period of 1 week, 6 months and 1 year:
Banco Products (India) saw a 2.61% rise over the past week, showing positive short-term momentum. Over six months, the stock gained 43.4%, reflecting strong mid-term growth. In the past year, it delivered a solid 32.0% return, demonstrating consistent long-term performance.
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Shareholding pattern of Banco Products (India):
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 67.88 | 67.88 | 67.88 |
| FII | 3.76 | 3.08 | 3.21 |
| DII | 0.21 | 0.18 | 0.14 |
| Retail & others | 28.15 | 28.86 | 28.77 |
About Banco Products (India):
Banco Products (India) Ltd (NSE: BANCOINDIA) is a leading auto ancillary company specializing in manufacturing radiators, cooling systems, and engine components. It serves the automobile, industrial, and power sectors, with a strong focus on innovation, quality, and sustainable solutions to meet diverse customer needs.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
