By Prashant Marathe | EduInvesting.in | 21 May 2025
🚀 At a Glance:
While everyone was refreshing charts of Zomato and Paytm hoping for a dead cat bounce, Banco Products (India) Ltd. quietly went full rocket mode.
- CMP: ₹594
- 📈 Up 15% today, up 60% this month, and no, it’s not an SME pump.
So what the radiator manufacturer from Gujarat just did — is outshine half the startup world.
🛠️ About Banco Products:
- Founded in 1961, Banco is a key auto-ancillary player in thermal management.
- Products: Radiators, intercoolers, gaskets, heat exchangers
- Serves CV, passenger, tractor, railways, genset, defence, industrial segments
- Major exports to Europe, US, and Latin America
Basically, if your machine gets hot — Banco cools it down.
👨🔧 Management Snapshot:
- Promoter: Bhupendrasinh Vaghela family (strong Gujarat base)
- Clean, conservative capital allocation — no circus, just silent compounding
💥 Why the Rally?
1.
Blowout FY25 Q4 Results
| Metric | Q4 FY24 | YoY Growth |
|---|
| Revenue | ₹559 Cr | +32% |
| EBITDA | |