Banco Products (India) Share Price Target 2025, 2026, 2030, 2040, 2050
Banco Products (India) is a well-known Indian company that makes engine cooling and sealing parts like radiators, gaskets, and intercoolers. These parts are used in cars, trucks, tractors, construction machines, generators, and other industrial equipment. The company mainly works in two areas: engine cooling systems, such as radiators, oil coolers, fuel coolers, and air coolers and engine sealing systems, which include different kinds of gaskets and heat shields. It is known for its good quality, strong technology, and wide presence in both Indian and international markets. It is known for good quality, strong technology, and exports to many countries.
- 1 What is Banco Products (India) Ltd NSE: BANCOINDIA?
- 2 Banco Products (India) Share Price Target
- 3 Banco Products (India) Share Price Target 2025
- 4 Banco Products (India) Gas Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Banco Products (India) share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Banco Products (India) stock?
- 12 Banco Products (India) earnings results
- 13 Is Banco Products (India) stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Banco Products (India) Ltd NSE: BANCOINDIA?
Banco Products (India) was established in 1961 in Vadodara, Gujarat, and is run by Mr Nitin Banka and his family. The company makes engine cooling and sealing parts that are used in cars, trucks, and machines to keep engines working properly. It makes products like radiators, oil coolers, charge air coolers, and gaskets. Big companies such as Tata Motors, Mahindra, and Ashok Leyland buy their products. Banco sells its parts to both vehicle makers (OEMs) and the aftermarket in India and other countries. The company has modern factories and a government-approved R&D centre that helps it make better products.
It started as a small private company with strong business ideas. Over the years, it has become a top company making engine cooling and sealing parts for cars and industrial machines. It has grown into a company known for new ideas and good-quality products. It combines innovation with reliable performance. The company’s steady growth shows it wants to serve both the automobile industry and the industrial sector successfully. In 2025, its share price target would be ₹1300, as per stock market analysts.
According to stock market analysts, its share price would be between ₹297 to ₹1300 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 297 | 1300 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 390 | 522 |
| February | 298 | 472 |
| March | 297 | 368 |
| April | 305 | 416 |
| May | 351 | 603 |
| June | 538 | 648 |
| July | 582 | 690 |
| August | 531 | 617 |
| September | 570 | 875 |
| October | 653 | 1077 |
| November | 620 | 1124 |
| December | 645 | 1300 |
In its engine cooling systems, it makes different parts that help engines stay cool and safe. These include radiators, charge air coolers, oil coolers, fuel coolers, battery coolers, and inverter coolers. The parts are made from aluminium and copper/brass. It also makes extra items like expansion tanks, fan motors, fan covers, guards, and mounting parts. All these products help control engine heat, protect the engine, and make sure it works properly and reliably for a long time. In 2026, its share price target would be ₹2287, as per stock market analysts.
Its share price would be between ₹1254 to ₹2287 in 2026, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 1254 | 2287 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1254 | 1425 |
| February | 1292 | 1488 |
| March | 1335 | 1574 |
| April | 1368 | 1678 |
| May | 1452 | 1755 |
| June | 1558 | 1890 |
| July | 1650 | 1930 |
| August | 1788 | 1987 |
| September | 1810 | 2025 |
| October | 1845 | 2087 |
| November | 1925 | 2135 |
| December | 2080 | 2287 |
Its engine sealing systems make parts that stop leaks and protect engines from damage. They make many types of gaskets, which are seals placed between engine parts, such as cylinder head gaskets, peripheral gaskets, and industrial gaskets. These gaskets are made from materials like multi-layered steel, graphite, steel and fiber mixes, compressed fiber sheets, rubber-cork, rubber-coated, edge-molded, and copper. The company also makes heat shields. These parts are very important because they keep engine parts safe and sealed, even under high pressure, heat, and vibrations, helping the engine run smoothly and reliably. In 2027, its share price target would be ₹3304, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2180 to ₹3304 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 2180 | 3304 |
It has several big and modern factories. Its main factory is in Bhaili, Vadodara, and covers about 50,000 square meters. Here, the company makes more than 1.5 million engine cooling parts every year. Another factory is in the Special Economic Zone (SEZ) at Waghodia, where cooling products are made mainly for export to other countries. For sealing parts, it has Banco Gaskets (India) (BGIL) at Ankhi near Vadodara, which produces over 100 million gaskets each year. In 2028, its share price target would be ₹4152, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3187 to ₹4152 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 3187 | 4152 |
It makes cooling and sealing parts for many kinds of vehicles and machines. These include cars, bikes, scooters, SUVs, trucks, tractors, farm machines, and construction vehicles. The company’s products are also used in generators, compressors, railway engines, transformers, and renewable energy systems like wind and solar. Because it works with so many different industries, it does not depend on just one type of business. This means that even if one part of the market slows down, the company can still earn money from other areas and keep its business strong. In 2029, its share price target would be ₹5110, as per stock market analysts.
Its share price would be between ₹4025 to ₹5110 in 2029, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 4025 | 5110 |
It is a trusted company that works with many vehicle and machine makers (OEMs) in India and other countries. These companies build complete vehicles and need good-quality parts to use in them. It helps them from designing and developing parts to making them in large numbers. The company uses modern computer tools like CAD, CAE, and FEA simulation to make sure its products are strong and reliable. With many years of experience, it knows how to meet tough quality rules. In 2030, its share price target would be ₹6016, as per stock market analysts.
According to stock market analysts, its share price would be between ₹5040 to ₹6016 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 5040 | 6016 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 5040 | 5225 |
| February | 5098 | 5384 |
| March | 5122 | 5425 |
| April | 5221 | 5589 |
| May | 5278 | 5600 |
| June | 5335 | 5642 |
| July | 5389 | 5687 |
| August | 5523 | 5708 |
| September | 5580 | 5784 |
| October | 5625 | 5820 |
| November | 5688 | 5911 |
| December | 5812 | 6016 |
It works not only in India but also exports its products to many countries around the world. The company has factories, warehouses, and distribution centres in places like Europe and the USA. This helps it to reach customers in other countries. It also allows the company to compete in global markets. Having factories and storage outside India helps it to deliver products faster, give better service, and understand global rules for quality and safety. In 2040, its share price target would be ₹11402, as per stock market analysts.
Its share price would be between ₹10402 to ₹11402 in 2040, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 10402 | 11402 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 10402 | 10662 |
| February | 10487 | 10790 |
| March | 10553 | 10856 |
| April | 10625 | 10887 |
| May | 10712 | 10935 |
| June | 10812 | 11110 |
| July | 10930 | 11174 |
| August | 10984 | 11210 |
| September | 11000 | 11257 |
| October | 11025 | 11278 |
| November | 11124 | 11332 |
| December | 11154 | 11402 |
The company focuses strongly on quality from design to delivery, using tools like CAD, ANSYS, and PRO-E and methods like DFMEA/PFMEA. Its factories have ISO certifications and follow strict checks, audits, and environmental rules to reduce mistakes and ensure consistent products. The company mainly focuses on Innovation, Passion for Performance, and Teamwork, guiding everyone to improve products, deliver on time, and work well with colleagues, suppliers, and customers. In 2050, its share price target would be ₹17471, as per stock market analysts.
According to stock market analysts, its share price would be between ₹16341 to ₹17471 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 16341 | 17471 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 16341 | 16520 |
| February | 16420 | 16651 |
| March | 16500 | 16690 |
| April | 16557 | 16742 |
| May | 16590 | 16784 |
| June | 16678 | 16884 |
| July | 16750 | 16932 |
| August | 16825 | 17000 |
| September | 16845 | 17087 |
| October | 16921 | 17125 |
| November | 16944 | 17257 |
| December | 17157 | 17471 |
Should I buy Banco Products (India) stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 297 | 1300 |
| 2026 | 1254 | 2287 |
| 2027 | 2180 | 3304 |
| 2028 | 3187 | 4152 |
| 2029 | 4025 | 5110 |
| 2030 | 5040 | 6016 |
| 2040 | 10402 | 11402 |
| 2050 | 16341 | 17471 |
It is a leading company that makes engine cooling and sealing parts for cars, trucks, tractors, and industrial machines. The company has grown well, with profits increasing quickly and a good return on equity. It also provides a small dividend to its shareholders. However, experts say the stock is priced higher than its real value. Even though it is strong financially, investors should be careful and think carefully before deciding to buy its shares.
Banco Products (India) earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 1,422 | 1,533 | 1,958 | 2,332 | 2,768 | 3,213 | 3,379 |
| Expenses + | 1,300 | 1,354 | 1,686 | 1,966 | 2,340 | 2,601 | 2,718 |
| Operating Profit | 122 | 178 | 272 | 366 | 428 | 611 | 660 |
| OPM % | 9% | 12% | 14% | 16% | 15% | 19% | 20% |
| Other Income + | 25 | 9 | 5 | 14 | 32 | 43 | 55 |
| Interest | 3 | 4 | 5 | 13 | 21 | 26 | 26 |
| Depreciation | 33 | 34 | 48 | 56 | 76 | 94 | 99 |
| Profit before tax | 111 | 150 | 224 | 311 | 363 | 534 | 590 |
| Tax % | 31% | 24% | 32% | 24% | 25% | 27% | |
| Net Profit + | 77 | 114 | 152 | 236 | 271 | 392 | 433 |
| EPS in Rs | 5.36 | 7.95 | 10.66 | 16.47 | 18.98 | 27.39 | 30.25 |
| Dividend Payout % | 187% | 13% | 94% | 67% | 53% | 40% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 26.58 | 8.83 | 1.37% | 41.20 | 5.89 | 0.72% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Banco Products (India) Ltd | 29.35 | 8.83 | 1.37% |
| Bosch Ltd | 56.53 | 8.25 | 1.33% |
| Samvardhana Motherson International Ltd | 28.89 | 2.96 | 0.54% |
| UNO Minda Ltd | 74.60 | 11.51 | 0.18% |
Is Banco Products (India) stock good to buy? (bull case & bear case)

Bull Case:
- It has strong profit growth, with a CAGR of 38.9% over the last five years, showing the company is growing quickly.
- It has a good return on equity of 27.9%, indicating that it utilises shareholders’ money efficiently.
- The company is growing internationally through its NRF subsidiary, with factories and warehouses in Europe and the USA, helping it reach more global customers.
- Its operations are getting better, with EBIT margins increasing to 17%, showing it is controlling costs and working efficiently.
Bear Case:
- The price-to-book ratio is 8.83, meaning the stock costs much more than its actual book value.
- Revenue growth has been slow compared to profit growth, showing the company depends more on efficiency than on increasing sales.
- The high price of the stock could limit the future of the company.
Conclusion
It makes engine cooling and sealing parts like radiators and gaskets for cars, trucks, tractors, and industrial machines. It has modern factories in Bhaili, Waghodia, and Ankhi, and also sells products internationally through its NRF subsidiary in Europe and the USA. The company is known for good quality, innovation, and teamwork. Its profits have grown strongly by about 39% per year, it has a good return on equity of 27.9%, and it gives a small dividend to shareholders.

