Banco Products (India) (BOM:500039) Net Margin %: 13.51% (As of Mar. 2026) — 70% Above Median


BOM:500039 Banco Products (India) Ltd BOM:500039
74 GF Score
Price ₹658.55
GF Value ₹490.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Banco Products (India) Net Margin %?

Banco Products (India) BOM:500039 -0.97% 74 Net Margin % is 13.51% as of Mar. 2026, which is 70% above its 10-year median of 7.95. GuruFocus rates BOM:500039 with a GF Score™ of 74/100 and a GF Value™ of ₹490.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,325 Vehicles & Parts companies, Banco Products (India) ranks better than 89.43% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Banco Products (India)'s Net Income for the three months ended in Mar. 2026 was ₹1,474 Mil. Banco Products (India)'s Revenue for the three months ended in Mar. 2026 was ₹10,911 Mil. Therefore, Banco Products (India)'s net margin for the quarter that ended in Mar. 2026 was 13.51%.

The historical rank and industry rank for Banco Products (India)'s Net Margin % or its related term are showing as below:

BOM:500039' s Net Margin % Range Over the Past 10 Years
Min: 4.49   Med: 7.95   Max: 12.46
Current: 12.46


BOM:500039's Net Margin % is ranked better than
89.43% of 1325 companies
in the Vehicles & Parts industry
Industry Median: 3.2 vs BOM:500039: 12.46

Banco Products (India)  (BOM:500039) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Banco Products (India) Net Margin % Related Terms


Banco Products (India) Net Margin % Historical Data

* Premium members only.

The historical data trend for Banco Products (India)'s Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Banco Products (India) Net Margin % Chart

Banco Products (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.91 10.24 9.90 12.29 12.45

Banco Products (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.68 11.37 13.47 10.98 13.51

BOM:500039 vs ORLY, AZO: Net Margin % Comparison

For the Auto Parts subindustry, Banco Products (India)'s Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banco Products (India) Net Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where Banco Products (India)'s Net Margin % falls into.


BOM:500039
74GF Score
Banco Products (India) Ltd BOM:500039
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Products (India) Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Banco Products (India)'s Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=4816.8/38674.3
=12.45 %

Banco Products (India)'s Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1474.3/10911
=13.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 13.51% mean?
Banco Products (India) (BOM:500039) has a Net Margin % of 13.51% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Banco Products (India) and its competitors. This is 70% above median its historical median of 7.95. Over the past decade, Banco Products (India)'s Net Margin % has ranged from 4.49 to 12.46. According to the industry distribution chart, Banco Products (India) ranks #140 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 10.6%.
Is Banco Products (India)'s Net Margin % too high?
Banco Products (India)'s current Net Margin % of 13.51% is 70% above median its 10-year median of 7.95. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 12.46. The Vehicles & Parts industry median Net Margin % is 3.20. Banco Products (India)'s value of 13.51% is 322.2% above this industry median. Based on the distribution chart, Banco Products (India) ranks #140 out of 1325 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Banco Products (India) has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Products (India)'s Net Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Banco Products (India) ranks #140 out of 1325 companies for Net Margin %. This places Banco Products (India) in the top 11% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.20. Banco Products (India)'s value of 13.51% is 322.2% above this benchmark. Historically, Banco Products (India)'s own Net Margin % has ranged from 4.49 to 12.46 over the past decade. While the company's 10-year median is 7.95 vs. the industry median of 3.20, Banco Products (India) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.20, based on 1,325 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Products (India)'s current Net Margin % of 13.51% is 322.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Banco Products (India) and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Products (India)'s current Net Margin % is 13.51%, which is 70% above median its own 10-year median of 7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Products (India) stock overvalued right now?
Based on GuruFocus' analysis, Banco Products (India) (BOM:500039) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹490.36, compared to a current price of ₹658.55 — trading 34.3% above its estimated fair value. The current Net Margin % is 13.51%, which is 70% above median its 10-year median of 7.95 and 322.2% above the Vehicles & Parts industry median of 3.20. Banco Products (India)'s overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Banco Products (India) (BOM:500039), the current Net Margin % is 13.51% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banco Products (India) (BOM:500039) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Products (India) stock appears to be overvalued. The current stock price of ₹658.55 is trading 34.3% above its estimated GF Value™ of ₹490.36. GuruFocus considers Banco Products (India) to be Significantly Overvalued.

Key valuation signals for BOM:500039:

  • Net Margin %: 13.51% (70% above median its 10-year median of 7.95)
  • GF Value™: ₹490.36 vs. price of ₹658.55 (34.3% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 322.2% above the Vehicles & Parts median (#140 of 1325)

No single metric tells the full story. See the BOM:500039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Products (India) Business Description

Other Exchanges BANCOINDIA:India
Address Padra Road, BIL, Near Bhaili Railway Station, District Vadodara, Vadodara, GJ, IND, 391410
Banco Products (India) Ltd is a company engaged in the manufacturing and selling of radiators. The company manufactures aluminum radiators and copper-brass radiators. Its products include charged air coolers, fuel coolers, oil coolers, cooling systems, sealing gaskets, joint gaskets and sheets, and rubber products. Banco manufactures and supplies original equipment (OE) for commercial vehicles, passenger vehicles, and industrial products. The company caters to the domestic and international markets. The company generates the majority of its revenue within India.
74GF Score

Get the complete analysis for BOM:500039

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹658.55
Price
₹490.36
GF Value