20 May 2025

Banco Products Hits Upper Circuit at RS. 495.15 After Robust Q4 Earnings Surge

Banco Products (India) shares have hit the upper circuit limit at RS. 495.15, marking a sharp rise of RS. 82.50 or 19.99% from its previous close of RS. 412.65 on the BSE.

The stock opened at RS. 480.00 and recorded an intraday high of RS. 495.15 and a low of RS. 469.00. A total of 1,70,852 shares have been traded so far.

Classified under BSE group 'B', the stock has a face value of RS. 2 and has touched a 52-week high of RS. 594.80 on November 25, 2024, and a 52-week low of RS. 258.55 on June 4, 2024. Over the past week, the stock's high and low stood at RS. 495.15 and RS. 381.50 respectively. The current market capitalization is RS. 7082.49 crore.

The shareholding pattern reveals promoter ownership at 67.88%, while institutional and non-institutional investors hold 4.05% and 28.07% respectively.

The stock rally follows the company’s impressive quarterly performance. Banco Products reported over two-fold growth in net profit at RS. 137.33 crore for Q4FY25, compared to RS. 53.38 crore in the same quarter of the previous year. Total income for the quarter rose 40.60% to RS. 410.28 crore from RS. 291.80 crore year-on-year.

On a consolidated basis, net profit surged to RS. 153.50 crore in Q4FY25, more than double the RS. 68.16 crore reported a year ago. Total consolidated income rose 22.34% to RS. 893.44 crore from RS. 730.31 crore in the same quarter last year.

For the full year ended March 31, 2025, standalone net profit rose 4.32% to RS. 266.26 crore from RS. 255.23 crore in the previous year, while total income increased 8.26% to RS. 1,249.02 crore from RS. 1,153.72 crore.

On a consolidated basis for FY25, the company reported a 44.36% jump in net profit to RS. 391.80 crore from RS. 271.40 crore in FY24, with total income increasing 16.01% to RS. 3,255.54 crore from RS. 2,806.16 crore.