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🚗 Banco Products Is Up 60% This Month — You Were Busy Looking at Paytm Again

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

MetricQ4 FY24YoY Growth
Revenue₹559 Cr+32%
EBITDA
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