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Banco Products (India) (BOM:500039) Return-on-Tangible-Equity : 47.23% (As of Mar. 2025)


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What is Banco Products (India) Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Banco Products (India)'s annualized net income for the quarter that ended in Mar. 2025 was ₹6,140 Mil. Banco Products (India)'s average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹12,999 Mil. Therefore, Banco Products (India)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 47.23%.

The historical rank and industry rank for Banco Products (India)'s Return-on-Tangible-Equity or its related term are showing as below:

BOM:500039' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.43   Med: 14.37   Max: 33.37
Current: 32.48

During the past 13 years, Banco Products (India)'s highest Return-on-Tangible-Equity was 33.37%. The lowest was 8.43%. And the median was 14.37%.

BOM:500039's Return-on-Tangible-Equity is ranked better than
91.51% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 7.59 vs BOM:500039: 32.48

Banco Products (India) Return-on-Tangible-Equity Historical Data

The historical data trend for Banco Products (India)'s Return-on-Tangible-Equity 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.

* Premium members only.

Banco Products (India) Return-on-Tangible-Equity Chart

Banco Products (India) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.03 17.05 23.98 26.59 33.37

Banco Products (India) Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity 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 26.01 26.20 43.66 9.74 47.23

Competitive Comparison of Banco Products (India)'s Return-on-Tangible-Equity

For the Auto Parts subindustry, Banco Products (India)'s Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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)'s Return-on-Tangible-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Banco Products (India)'s Return-on-Tangible-Equity falls into.


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Banco Products (India) Return-on-Tangible-Equity Calculation

Banco Products (India)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=3918/( (10483.123+12999.4 )/ 2 )
=3918/11741.2615
=33.37 %

Banco Products (India)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=6140/( (0+12999.4)/ 1 )
=6140/12999.4
=47.23 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Banco Products (India)  (BOM:500039) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Banco Products (India) Return-on-Tangible-Equity Related Terms

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Banco Products (India) Business Description

Traded in Other Exchanges
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.

Banco Products (India) Headlines

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