Banco Products (India)'s Q2 FY 2025-26 Quarterly Results

Result Summary

• Banco Products (India) Ltd reported a 11.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 20.3%.
• Its expenses for the quarter were up by 12.5% QoQ and 29.0% YoY.
• The net profit increased 26.8% QoQ and increased 0.1% YoY.
• The earnings per share (EPS) of Banco Products (India) Ltd stood at 9.71 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Banco Products (India) Ltd is a company known for its products and services in the automotive component industry. The company primarily deals in the manufacturing and supply of automotive components, including gaskets and radiators. As a key player in this sector, the company serves a broad spectrum of original equipment manufacturers (OEMs) and the aftermarket. As of the information available up to 2023, the company has not recently reported any major developments or changes in its business operations or product offerings.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Banco Products (India) Ltd reported a total income of ₹1096.72 crores. This represents a quarter-over-quarter (QoQ) increase of 11.5% from the first quarter of fiscal year 2026 (Q1FY26), where the total income was ₹983.85 crores. When compared year-over-year (YoY) to the second quarter of fiscal year 2025 (Q2FY25), which recorded a total income of ₹911.79 crores, there is a notable increase of 20.3%. These figures highlight the company's revenue growth over both the quarterly and annual periods.

Profitability

During Q2FY26, Banco Products (India) Ltd achieved a profit before tax (PBT) of ₹174.70 crores, reflecting a 6.4% increase from the previous quarter (Q1FY26) which stood at ₹164.25 crores. However, when compared to Q2FY25, where the PBT was ₹197.09 crores, there is a decrease of 11.4%. The profit after tax (PAT) for Q2FY26 was ₹138.90 crores, showing a significant rise of 26.8% from ₹109.52 crores in Q1FY26, and a marginal increase of 0.1% from ₹138.70 crores in Q2FY25. Additionally, the earnings per share (EPS) for Q2FY26 was ₹9.71, which is 26.8% higher than Q1FY26's ₹7.66 but lower than Q2FY25's ₹19.39, representing a decrease of 49.9%.

Operating Metrics

The total expenses for Banco Products (India) Ltd in Q2FY26 were reported at ₹922.02 crores, marking a 12.5% rise from Q1FY26's expenses of ₹819.60 crores. Compared to the same quarter last year (Q2FY25), which had expenses of ₹714.70 crores, there is an increase of 29.0%. The tax expenditure in Q2FY26 was ₹35.80 crores, which decreased by 34.6% from Q1FY26's tax of ₹54.73 crores and by 38.7% compared to Q2FY25's tax of ₹58.39 crores. These metrics provide a detailed look at the company's operational costs and taxation over the reported periods.