Banco Products (India) Limited

BSE: 500039 NSE: BANCOINDIA
Banco Products (India) Limited - automotive in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN L51100GJ1961PLC001039 Incorporated 16 March 1961 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Listed - NSE: BANCOINDIA · BSE: 500039 Public Limited Company automotive
Data last updated
Market Cap
₹8,712 Cr
BANCOINDIA · NSE
Share Price
₹618.80
+1.59% today
Revenue
₹3,896 Cr
FY 2025-26 · +21.3% YoY
EBITDA
₹684 Cr
Margin 17.5%
Net Profit
₹452 Cr
FY 2025-26 · +22.2% YoY
P/E (TTM)
17.6x
P/B 5.0x
ROE
32.3%
ROCE 31.5%
Debt / Equity
0.40
Interest cover 4.5x

About Banco Products (India) Limited

Data last updated:

Banco Products (India) Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 16 March 1961 and has been in existence for over 65 years.

Its director Mehul Kanubhai Patel and family are #602 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L51100GJ1961PLC001039. Its GSTIN is 24AAACB8630L1ZO (Gujarat). The company holds 10 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 500039 and NSE: BANCOINDIA.

The company has an authorised share capital of ₹30.4 Cr and a paid-up capital of ₹28.61 Cr. It was formerly known as Gaskets & Radiators Limited and Gaskets & Oil Seals Private Limited. It is led by directors including Sharan Mehul Patel (Whole-Time Director) and Mehul K Patel.

Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bil Near Bhaili Railway Station Padra Road, Vadodara, Gujarat, India – 391410.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,896.38 Cr, a growth of 21.3% compared to the previous year. For the same year it recorded a net profit of ₹451.52 Cr (net margin 11.6%) and EBITDA of ₹683.58 Cr (EBITDA margin 17.5%). The net worth stands at ₹1,684.32 Cr (up 29.3% YoY). Total assets are valued at ₹2,338.16 Cr (up 22.4% YoY).

The company has about 758 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹335.95 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bancoindia.com.

Company details

CIN L51100GJ1961PLC001039
Registration Number 001039
Incorporation Date 16 March 1961
ROC Ahmedabad
Listing Status Listed - Listed on NSE (BANCOINDIA); Listed on BSE (500039)
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Banco Products (India) has undergone 3 name changes throughout its history. The company was previously known as Gaskets & Radiators Limited, Gaskets & Oil Seals Private Limited, and Autospares Private Limited. The current legal name is Banco Products (India) Limited.

Company NameStatus
Banco Products (India) LimitedCurrent
Gaskets & Radiators LimitedPrevious
Gaskets & Oil Seals Private LimitedPrevious
Autospares Private LimitedPrevious

CIN history

Banco Products (India) has one previous CIN (Corporate Identification Number): U51100GJ1961PTC001039. The current CIN is L51100GJ1961PLC001039, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51100GJ1961PLC001039Current
U51100GJ1961PTC001039Previous
Key People
Sharan Mehul Patel Whole-Time Director Mehul K Patel Director Ameeta Vikas Manohar Director

Recognitions & Rankings of Banco Products (India)

Contact details

Banco Products (India) Limited's registered office is in Vadodara, Gujarat. Its website is bancoindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    bancoindia.com
  • Social Media
  • Registered Address
    Bil Near Bhaili Railway Station Padra Road, Vadodara, Gujarat, India – 391410
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Banco Products (India) Limited, buy the company report.

Comprehensive company report
Banco Products (India) Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Banco Products (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Banco Products (India) Limited, buy the company report.

Financials of Banco Products (India) Limited

FY 2025-26 filings available

Banco Products (India) Limited reported revenue of ₹3,896.38 Cr (up 21.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹3,896 Cr
+21.3% YoY
EBITDA
₹684 Cr
+11.9% YoY
Profit After Tax
₹452 Cr
+22.2% YoY
Net Worth
₹1,684 Cr
+29.3% YoY
Total Assets
₹2,338 Cr
+22.4% YoY
Total Debt
₹614 Cr
+7.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,8963,2132,7682,3321,9581,5331,422
Revenue growth+21.3%+16.0%+18.7%+19.1%+27.8%+7.8%-
EBITDA684611422364272178122
EBITDA margin+17.5%+19.0%+15.3%+15.6%+13.9%+11.6%+8.6%
Profit before tax644534363311224150111
Net profit45236927623715211473.15
Net profit margin+11.6%+11.5%+10.0%+10.2%+7.8%+7.4%+5.1%
EPS (₹)33.6827.3937.9532.9421.3115.9010.71
Balance sheet
Total assets2,3381,9101,5001,4301,119850809
Net worth1,6841,3031,0521,002982828710
Total debt61457342341811514.2391.65
Cash & bank80.7711963.4618.3381.5712370.43
Net working capital1,7871,3921,0561,076827685625
Cash flow
Cash from operations380164458(41.46)57.2415752.12
Cash from investing(175)(38.26)(114)(23.37)(104)(58.72)149
Cash from financing(189)(123)(339)58.71(11.24)(78.19)(153)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,1841,0997891,038970875639895
Revenue growth (YoY)+22.0%+25.6%+23.5%+16.0%+20.7%---
Other income5.7220.3727.4358.5313.7618.795.2816.86
EBITDA21322512514918221458.33206
EBITDA margin+18.2%+20.6%+16.0%+14.5%+18.9%+24.7%+9.2%+23.1%
Depreciation35.0559.6125.6724.8624.3735.5119.9919.46
Interest5.20(0.37)7.668.237.067.894.686.03
Profit before tax17918611917516419038.94197
Tax56.2338.7933.1635.8054.7336.178.0158.39
Net profit12214785.8313911015430.93139
EPS (₹)8.5610.314.739.717.6610.732.1619.39
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,2451,1051,0111,004795654598
Revenue growth+12.7%+9.3%+0.8%+26.2%+21.7%+9.2%-
EBITDA20819618117010111774.40
EBITDA margin+16.7%+17.7%+17.9%+16.9%+12.7%+17.9%+12.4%
Profit before tax470311297281110104101
Net profit41726425524585.5580.0266.04
Net profit margin+33.5%+23.9%+25.2%+24.4%+10.8%+12.2%+11.0%
EPS (₹)29.2818.6135.6934.3311.9811.199.72
Balance sheet
Total assets1,066867756739693623542
Net worth1,054851742731685615535
Total debt0.007.104.640.230.042.652.58
Cash & bank72.0511325.8116.0467.1410760.51
Net working capital614469421409389345250
Cash flow
Cash from operations16195.1215468.041.3659.3159.05
Cash from investing73.4566.2292.80127(40.93)(37.72)182
Cash from financing(215)(160)(244)(201)(14.66)(0.62)(194)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue342355301288301308257282
Revenue growth (YoY)+13.5%+15.2%+17.1%+1.9%+17.2%---
Other income2.881664.6310911.0410235.345.74
Total expenses278299257240242251214231
EBITDA64.1056.4744.3147.6759.5757.2542.7151.41
EBITDA margin+19.1%+16.1%+15.0%+16.8%+20.1%+18.8%+16.9%+18.5%
Depreciation7.417.327.266.916.756.976.766.37
Interest0.07(0.08)0.210.420.140.250.270.13
Profit before tax59.5021541.4714963.7215271.0250.65
Tax14.9913.5610.1811.4915.8214.687.8212.71

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 05 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,1841,0997891,038970875639895
Revenue growth (YoY)+22.0%+25.6%+23.5%+16.0%+20.7%---
Other income5.7220.3727.4358.5313.7618.795.2816.86
EBITDA21322512514918221458.33206
EBITDA margin+18.2%+20.6%+16.0%+14.5%+18.9%+24.7%+9.2%+23.1%
Depreciation35.0559.6125.6724.8624.3735.5119.9919.46
Interest5.20(0.37)7.668.237.067.894.686.03
Profit before tax17918611917516419038.94197
Tax56.2338.7933.1635.8054.7336.178.0158.39
Net profit12214785.8313911015430.93139
EPS (₹)8.5610.314.739.717.6610.732.1619.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,8963,2132,7682,3321,9581,5331,422
Revenue growth+21.3%+16.0%+18.7%+19.1%+27.8%+7.8%-
Other income12043.0237.7315.685.159.0325.17
Total expenses3,2132,6012,3461,9681,6861,3541,300
Employee cost452335282229196186192
EBITDA684611422364272178122
EBITDA margin+17.5%+19.0%+15.3%+15.6%+13.9%+11.6%+8.6%
Depreciation13594.3475.9956.3547.8733.6832.77
Interest25.0025.6321.3612.585.263.623.10
Profit before tax644534363311224150111
Tax16214291.3075.2571.3436.1134.90
Net profit45236927623715211473.15
Net profit margin+11.6%+11.5%+10.0%+10.2%+7.8%+7.4%+5.1%
EPS (₹)33.6827.3937.9532.9421.3115.9010.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital28.6128.6114.3014.3014.3014.3014.30
Reserves & surplus1,6561,2741,037987967814696
Shareholders' funds (net worth)1,6841,3031,0521,002982828710
Minority interest0.000.000.000.000.000.000.00
Secured loans42831822229219.3313.7291.65
Unsecured loans18625520112695.890.510.00
Total debt61457342341811514.2391.65
Total liabilities2,3381,9101,5001,4301,119850809
Assets
Gross block1,3361,2241,072904783726711
Net block472516454359297190193
Capital work in progress11.275.159.8218.4714.921.032.62
Investments78.5538.100.000.000.510.819.21
Inventories1,4981,381922995720564476
Sundry debtors738611481413324270294
Cash & bank balances80.7711963.4618.3381.5712370.43
Loans & advances14860.2839.6228.8134.5026.9617.55
Total current assets2,4652,1721,5061,4561,161984858
Total current liabilities678780450380334299233
Net working capital1,7871,3921,0561,076827685625
Total assets2,3381,9101,5001,4301,119850809
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash14.7411.796.7912.9171.2051.312.25
Net cash from operating activities380164458(41.46)57.2415752.12
Net cash from investing activities(175)(38.26)(114)(23.37)(104)(58.72)149
Net cash from financing activities(189)(123)(339)58.71(11.24)(78.19)(153)
Net change in cash15.922.955.00(6.13)(58.29)19.9049.06
Closing cash80.7711963.4618.3381.5712370.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+21.3%+16.0%+18.7%+19.1%+27.8%+7.8%-
EBITDA growth+11.9%+44.7%+16.0%+34.0%+52.6%+45.8%-
PBT growth+20.6%+47.3%+16.7%+38.9%+49.3%+34.4%-19.4%
Net income growth+22.2%+34.0%+16.5%+55.8%+33.5%+55.6%-
Revenue CAGR (3Y)+18.7%+18.0%+21.8%+17.9%+7.7%+4.7%+4.7%
EBITDA CAGR (3Y)+23.4%+31.0%+33.4%+43.9%+19.0%-0.1%-5.3%
Profitability & leverage
Net income margin+12.4%+12.2%+9.8%+10.1%+7.8%+7.4%+5.4%
Return on capital employed+31.5%+32.9%+26.2%+25.4%+23.3%+18.5%+13.6%
Return on net worth+32.3%+33.3%+26.5%+23.8%+16.9%+14.8%+9.9%
Debt / equity0.400.420.410.270.070.070.09
Long-term debt / equity0.130.190.170.120.050.010.01
Interest cover4.554.966.174.092.352.513.47
Efficiency & per share
Fixed asset turnover3.052.802.802.772.602.132.09
Inventory turnover2.712.792.892.723.052.952.98
Debtors turnover5.785.886.196.326.595.445.03
EPS (₹)33.6827.3937.9532.9421.3115.9010.71
Dividend per share (₹)8.0011.0020.0022.0020.002.0020.00
Book value per share (₹)117.7291.05146.95139.96137.19115.7699.20
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue342355301288301308257282
Revenue growth (YoY)+13.5%+15.2%+17.1%+1.9%+17.2%---
Other income2.881664.6310911.0410235.345.74
Total expenses278299257240242251214231
EBITDA64.1056.4744.3147.6759.5757.2542.7151.41
EBITDA margin+19.1%+16.1%+15.0%+16.8%+20.1%+18.8%+16.9%+18.5%
Depreciation7.417.327.266.916.756.976.766.37
Interest0.07(0.08)0.210.420.140.250.270.13
Profit before tax59.5021541.4714963.7215271.0250.65
Tax14.9913.5610.1811.4915.8214.687.8212.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,2451,1051,0111,004795654598
Revenue growth+12.7%+9.3%+0.8%+26.2%+21.7%+9.2%-
Other income29114414213229.058.0546.49
Total expenses1,037909831834694537524
Employee cost85.5567.1955.1951.4142.4035.8337.97
EBITDA20819618117010111774.40
EBITDA margin+16.7%+17.7%+17.9%+16.9%+12.7%+17.9%+12.4%
Depreciation28.2426.2224.2721.1119.7419.9820.00
Interest0.882.681.280.350.360.620.35
Profit before tax470311297281110104101
Tax51.0544.9542.1235.4124.3424.2531.04
Net profit41726425524585.5580.0266.04
Net profit margin+33.5%+23.9%+25.2%+24.4%+10.8%+12.2%+11.0%
EPS (₹)29.2818.6135.6934.3311.9811.199.72
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital28.6128.6114.3014.3014.3014.3014.30
Reserves & surplus1,025822728716671601521
Shareholders' funds (net worth)1,054851742731685615535
Secured loans0.007.104.640.230.042.652.58
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.007.104.640.230.042.652.58
Total liabilities1,066867756739693623542
Assets
Gross block506465430404368342324
Net block177164153150134126128
Capital work in progress4.142.038.112.036.270.021.51
Investments236221160155151147155
Inventories279277261249196156102
Sundry debtors300269202231194169147
Cash & bank balances72.0511325.8116.0467.1410760.51
Loans & advances12216.3827.3912.0113.8914.754.94
Total current assets774676516508471445315
Total current liabilities16020695.0298.7982.1310164.44
Net working capital614469421409389345250
Total assets1,066867756739693623542
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash9.338.025.5111.1865.4144.43(2.55)
Net cash from operating activities16195.1215468.041.3659.3159.05
Net cash from investing activities73.4566.2292.80127(40.93)(37.72)182
Net cash from financing activities(215)(160)(244)(201)(14.66)(0.62)(194)
Net change in cash18.951.322.51(5.67)(54.23)20.9846.98
Closing cash72.0511325.8116.0467.1410760.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+12.7%+9.3%+0.8%+26.2%+21.7%+9.2%-
EBITDA growth+6.2%+8.6%+6.2%+68.2%-13.5%+57.0%-
PBT growth+51.0%+4.7%+5.8%+155.4%+5.5%+3.7%-42.2%
Net income growth+57.9%+3.6%+4.0%+186.8%+6.9%+21.2%-
Revenue CAGR (3Y)+7.5%+11.6%+15.7%+18.8%+2.6%+1.8%+5.5%
EBITDA CAGR (3Y)+7.0%+24.7%+15.6%+31.7%-0.1%+7.4%-7.2%
Profitability & leverage
Net income margin+33.6%+24.1%+25.2%+24.5%+10.8%+12.3%+11.6%
Return on capital employed+48.7%+38.7%+40.0%+39.3%+16.8%+18.0%+16.7%
Return on net worth+44.0%+33.5%+34.7%+34.7%+13.2%+13.9%+11.6%
Debt / equity0.000.010.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.491.580.820.240.440.640.64
Efficiency & per share
Fixed asset turnover2.572.472.432.602.241.971.90
Inventory turnover4.474.103.974.514.525.075.22
Debtors turnover4.384.704.674.724.394.154.30
EPS (₹)29.2818.6135.6934.3311.9811.199.72
Dividend per share (₹)8.0011.0020.0022.0020.002.0020.00
Book value per share (₹)73.6259.43103.71102.1095.7785.9474.71

To see the full year-wise statements and ratios of Banco Products (India) Limited, buy the company report.

Board of directors of Banco Products (India) Limited

Banco Products (India) has 7 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mehul K Patel
Also directs: Banco Gaskets (India) Limited, Banco Foundation, K K Patel Foundation
Director08 Feb 199036 Years 8 MonthsCurrent
Ameeta Vikas Manohar
Also directs: Vital Corporate Services Pvt Ltd
Director25 Apr 20206 Years 6 MonthsCurrent
Sharan Mehul Patel
Also directs: Banco Foundation, K K Patel Foundation, Banco New Energy Cooling Systems Limited
Whole-Time Director22 Apr 20215 Years 6 MonthsCurrent
Pranav Rohit Patel
Also directs: Indian Flexible Packaging and Folding Carton Manufacturers Association, Vijay Flexible Containers Private Limited
Director08 Feb 20251 Years 8 MonthsCurrent
Anand MajmudarDirector08 Feb 20251 Years 8 MonthsCurrent
Tarak Patel
Also directs: Tarak Chemicals Limited, United Baroda Foundation
Director05 Feb 20242 Years 9 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Banco Products (India) Limited is audited by Parikh Shah Chotalia & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Parikh Shah Chotalia & AssociatesFY 2024FRN 118493W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 67.90%, foreign institutional investors hold 3.90%, domestic institutional investors hold 0.30% and retail and other public shareholders hold 28.00%.

Promoters: 67.90%DII (Domestic Institutional): 0.30%FII (Foreign Institutional): 3.90%Retail & Others: 28.00%
Sep 2026
QUARTER
67.90% Promoters
0.30% DII (Domestic Institutional)
3.90% FII (Foreign Institutional)
28.00% Retail & Others
Promoter holding - history
Now 67.90% · Sep 2026High 67.90% · Dec 2025Low 67.90% · Dec 2025
66%66.8%67.5%68.3%69%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 67.90%Mar 2026: 67.90%Jun 2026: 67.90%Sep 2026: 67.90%67.90%67.90%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters67.90%67.90%67.90%67.90%
Public32.10%32.10%32.10%32.10%

Charges & borrowings

Open charges
₹30 Cr
Satisfied charges
₹335.95 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹10.00 Cr
State Bank of India₹10.00 Cr
Bank of Baroda₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Mar 201510557228Bank of Baroda₹10 CrOpen
09 Mar 201510555362State Bank of India₹10 CrOpen
24 Feb 201510555357Hdfc Bank Limited₹10 CrOpen
17 Mar 201510557230Standard Chartered Bank₹10 CrSatisfied
31 Jan 201410479692Hdfc Bank Limited₹10 CrSatisfied

To see the full charge records of Banco Products (India) Limited, buy the company report.

Total charge records: 39 View all charges

MSME payment delays

Banco Products (India) Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 88 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 18)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
A.H.Rollwala Agency

To see the full MSME payment records of Banco Products (India) Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Banco Products (India) has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Banco Gaskets (India) LimitedU25199GJ2011PLC066886
Banco New Energy Cooling Systems LimitedU29309GJ2021PLC122673

To see the full group structure of Banco Products (India) Limited, buy the company report.

Employees & EPFO

Banco Products (India) Limited has a workforce of 758 employees on its EPFO records as of Feb 25, 2025, across 1 active EPFO establishment.

Employee count
758
Active EPFO establishments
1
Employee growth
4.84%

GST

Banco Products (India) has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
10
GSTINStateStatusRegistered on
24AAACB8630L1ZOGujaratActive01 Jul 2017
24AAACB8630L2ZNGujaratActive01 Jul 2017
05AAACB8630L1ZOUttarakhandActive01 Jul 2017
20AAACB8630L1ZWJharkhandActive01 Jul 2017

To see the full GST registrations and return filing status of Banco Products (India) Limited, buy the company report.

Recent activity

Banco Products (India) Limited has 47 board changes on record since 1983: 28 appointments and 19 cessations. The latest: Sachin Jayantilal Kotak was appointed as CFO on 09 Jun 2025.

Filing
Banco Products (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Banco Products (India) Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Appointed
Sachin Jayantilal Kotak was appointed as CFO.
Appointed
Venkata Ranganath Kumar Sami was appointed as Whole-Time Director.
Ceased
Himali Harnish Patel ceased to be CFO.
Ceased
Devesh Amubhai Pathak ceased to be Director.
Ceased
Udayan Prabhudas Patel ceased to be Director.
Appointed
Anand Majmudar was appointed as Director.
Appointed
Pranav Rohit Patel was appointed as Director.
Ceased
Mukesh Dahyabhai Patel ceased to be Director.
Ceased
Ramkisan Amirchand Devidayal ceased to be Director.
Appointed
Tarak Patel was appointed as Director.

123 earlier events are in the company report.

News

Frequently asked questions

Banco Products (India) is an active public limited company based in Vadodara, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 16 March 1961 (65+ years old) and is registered under CIN L51100GJ1961PLC001039. Listed on BSE: 500039 and NSE: BANCOINDIA.

Banco Products (India) reported revenue of ₹3,896.38 Cr for FY 2025-26 (up 21.3% YoY) based on consolidated financials.

Banco Products (India) has 7 current directors:

The latest financial statements of Banco Products (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Banco Products (India) is 24AAACB8630L1ZO, registered in Gujarat. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 24AAACB8630L2ZN (Gujarat), 05AAACB8630L1ZO (Uttarakhand), 20AAACB8630L1ZW (Jharkhand).

The CIN (Corporate Identification Number) of Banco Products (India) is L51100GJ1961PLC001039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Banco Products (India) is a listed company as per MCA records. Its shares are listed on both BSE (code: 500039) and NSE (symbol: BANCOINDIA).

Banco Products (India) has 5 court cases on record: 5 filed against it. 2 are pending.

Banco Products (India) was incorporated on 16 March 1961, making it 65+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Sachin Jayantilal Kotak was appointed as CFO on 09 Jun 2025. Venkata Ranganath Kumar Sami was appointed as Whole-Time Director on 17 May 2025. Himali Harnish Patel ceased to be CFO on 01 May 2025. Banco Products (India) has 47 board changes on record in total.

Banco Products (India) has 12 MSME Form 1 returns on record between 2019 and 2024, listing 88 overdue payments to 18 micro and small suppliers. The latest return was filed on 27 Apr 2024.