What we do Banco Products (India) Ltd designs and manufactures gaskets, radiators, and engine cooling modules for automotive and industrial applications. |
Founded in 1,961 |
Market share Leading supplier to major Indian automotive OEMs and exports to Australia, Germany, Singapore, and the UK. |
Problem solved Provides reliable cooling and sealing solutions enhancing engine performance and environmental compliance. |
Top clients or who we serve OEMs like Telco, Ashok Leyland, Mahindra & Mahindra; serves B2B automotive and industrial sectors. |
Key management - |
Our journey and innovations Since 1961, expanded capacity, developed non-asbestos jointing sheets and aluminum radiators, acquired international operations, and advanced R&D. |
Where we operate India with exports to Europe, Australia, Singapore, and global markets. |
Top products or what we offer Gaskets, radiators, air-to-air intercoolers, aluminum cooling systems, and non-asbestos jointing sheets. |
Top brands - |
Raw materials needed Steel, copper, graphite, fibers, and aluminum for manufacturing gaskets and radiators. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily recurring from long-term OEM contracts with cyclical automotive demand fluctuations. |
Our industry position Market leader in engine cooling modules and gasket supply for Indian automotive OEMs with growing export footprint. |
Financial highlights FY25 consolidated revenue Rs. 3212.52 Cr, net profit Rs. 391.8 Cr showing steady growth. |
Geographical revenue split About 70% domestic and 30% export revenue mix. |
Order book - |
Whats driving growth Technology upgrades, expanded capacities, new product development, and exports drive growth. |
Our future plans Accelerating investments in technology and capacity to lead in EV/clean energy cooling solutions. |
Our green promise Implemented Clean Development Mechanism projects, producing environmentally friendly, non-asbestos products. |
Our people and values Focus on employee safety, development, and ethical governance. |
Key challenges ahead Managing competition, technological advancements, and supply chain risks. |
Interesting facts R&D center recognized by Department of Science, Govt of India; pioneer in non-asbestos sheets. |
Risks and strategy Mitigates risks via robust internal controls, diversified client base, and innovation-led growth strategy. |
