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BANCO PRODUCTS (INDIA) LIMITED
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Updated: 03 Mar 2026
The company is a manufacturer of sealing gaskets, radiator cowling & aluminum radiator.
Banco Products (India) Limited, is a listed public company incorporated on 16 March, 1961. It is classified as a public limited company and is located in , Gujarat. It's authorized share capital is INR 30.40 cr and the total paid-up capital is INR 28.61 cr.
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Industry and products
Trading
- engine sealing system, Engine cooling system
Company size
₹ 30.4 Cr
₹ 28.6 Cr
₹ 1000-1250 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores.
Total Revenue
1.54%
1.54%
EBITDA
6.22%
6.22%
Net Profit
3.94%
3.94%
Networth
1.58%
1.58%
Borrowings
1897.69%
1897.69%
Assets
1.37%
1.37%
Gross Margin
1.91
1.91
Operating Margin
0.92
0.92
Net Profit Margin
0.51
0.51
Return on Equity
0.79
0.79
ROCE
0.54
0.54
Debt to Equity
0.01
0.01
Sales
Mar 2024
Net worth
Mar 2024
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Locations
India
(12)
| State | Type | Address |
|---|
Locations on Map
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Mehul K Patel
Shareholder
|
01772099 | 36 years |
| Director | Ameeta Vikas Manohar | 00903232 | 6 years |
| Whole-time Director | Sharan Mehul Patel
Shareholder
|
09151194 | 5 years |
| Whole-Time Director | Venkata Ranganath Kumar Sami | 11090878 | 1 years |
| Cfo | Sachin Jayantilal Kotak | <HIDDEN> | 1 years |
| Director | Pranav Rohit Patel | 00259728 | 1 years |
| Director | Anand Majmudar | 03019026 | 1 years |
| Company Secretary | Preeti Yadav | <HIDDEN> | 1 years |
| Director | Tarak Patel
Shareholder
|
00009568 | 2 years |
| Director | Shivam Mehul Patel
Shareholder
|
09501828 | 3 years |
Financial Highlights
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Operating profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Net profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Gross margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Operating margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Net margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Networth | |||||
| Borrowings | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Assets | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Debt to equity | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Current ratio | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| ROE | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Days payable | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| WC days | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Margins
Gross margin
Operating margin
Net margin
Balance Sheet
Standalone
Consolidated
₹
%
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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| Other current assets | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Total assets | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Total assets
Charges on assets
Bank wise
Charges
1
Bank of Baroda
No. of Loans: 1
Total Amount : 10.0 cr
2
State Bank of India
No. of Loans: 1
Total Amount : 10.0 cr
3
HDFC Bank Limited
No. of Loans: 1
Total Amount : 10.0 cr
Charges
Bank of Baroda
State Bank of India
HDFC Bank Limited
Company Network
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| PROTEL CHEMICALS PRIVATE LIMITED |
Amalgamated
|
1.2 L | 1 | Gujarat |
| MONAHAN FILAMENTS INDIA PRIVATE LIMITED |
Strike Off
|
30.0 L | 1 | Gujarat |
| UNITED BARODA FOUNDATION |
Active
|
30,000.0 | 1 | Gujarat |
| TARAK CHEMICALS LIMITED |
Active
|
1.5 Cr | 1 | Gujarat |
| ROHIT INVESTMENTS PRIVATE LIMITED |
Amalgamated
|
1.0 L | 1 | Maharashtra |
| SHEFALI INVESTMENTS PRIVATE LIMITED |
Amalgamated
|
6.2 L | 1 | Maharashtra |
| GANGOTRI TRADING CO PRIVATE LIMITED |
Amalgamated
|
1.0 L | 1 | Maharashtra |
| RISHIKESH AGENCIES PRIVATE LIMITED |
Amalgamated
|
1.0 L | 1 | Maharashtra |
| VIJAY FLEXIBLE CONTAINERS PRIVATE LIMITED |
Active
|
1.0 L | 1 | Maharashtra |
| VITAL CORPORATE SERVICES PVT LTD |
Active
|
1.0 L | 1 | Gujarat |
| BANCO FOUNDATION |
Active
|
0.0 | 2 | Gujarat |
| GANGA INVESTMENTS PRIVATE LIMITED |
Amalgamated
|
40.0 L | 1 | Maharashtra |
| K K PATEL FOUNDATION |
Active
|
14.8 L | 1 | BA |
| BANCO GASKETS (INDIA) LIMITED |
Active
|
35.0 Cr | 3 | Gujarat |
| BANCO NEW ENERGY COOLING SYSTEMS LIMITED |
Active
|
45.0 Cr | 1 | Gujarat |
Subsidiary Companies
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| Nederlandse Radiateuren fabriek BV (NRF) | Netherlands | - | - |
| BANCO GASKETS (INDIA) LIMITED | Gujarat | 2011 | ₹ 35.0 Cr |
| BANCO NEW ENERGY COOLING SYSTEMS LIMITED | Gujarat | 2021 | ₹ 45.0 Cr |
Tofler Score
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Risk
Severe Risk
- No risks identified
Moderate Risk
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Low Risk
- No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is
dependent on three key factors - Sustainability, Governance, and Growth.
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Registered Details
CIN
L51100GJ1961PLC001039PAN
AAACB8630LIncorporation
1961, 65.1 yearsCompany Email
sec[at]bancoindia[dot]comPaid up Capital
₹ 28.6 CrAuthorised Capital
₹ 30.4 CrAGM
Sep 2025Type
Public
Others
FAQ - BANCO PRODUCTS (INDIA) LIMITED
What is the incorporation date of BANCO PRODUCTS (INDIA) LIMITED?
The incorporation date of BANCO PRODUCTS (INDIA) LIMITED is 16 March, 1961
What is the authorized share capital of BANCO PRODUCTS (INDIA) LIMITED?
The authorized share capital of BANCO PRODUCTS (INDIA) LIMITED is INR ₹ 30.4 Cr.
What is the paid-up capital of BANCO PRODUCTS (INDIA) LIMITED?
The paid-up capital of BANCO PRODUCTS (INDIA) LIMITED is INR ₹ 28.6 Cr.
What is the registered address of BANCO PRODUCTS (INDIA) LIMITED?
The registered address of BANCO PRODUCTS (INDIA) LIMITED is BIL, NEAR BHAILI RAILWAY STATION PADRA ROAD, DIST. BARODA, Gujarat, India, 391410 - 391410
What is the CIN number of BANCO PRODUCTS (INDIA) LIMITED?
The CIN number of BANCO PRODUCTS (INDIA) LIMITED is L51100GJ1961PLC001039.
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