Banco Products (India) (BOM:500039) ROCE %: 38.58% (As of Mar. 2026)


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) ROCE %?

Banco Products (India) BOM:500039 -0.97% 74 ROCE % is 38.58% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Banco Products (India)'s annualized ROCE % for the quarter that ended in Mar. 2026 was 38.58%.

Banco Products (India)  (BOM:500039) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Banco Products (India) ROCE % Related Terms

Banco Products (India) ROCE % Historical Data

* Premium members only.

The historical data trend for Banco Products (India)'s ROCE % 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) ROCE % Chart

Banco Products (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.88 26.67 29.56 36.30 36.48

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
ROCE % 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 45.71 39.64 35.65 24.69 38.58
BOM:500039
74GF Score
Banco Products (India) Ltd BOM:500039
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Products (India) ROCE % Calculation

Banco Products (India)'s annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=6667.4/( ( (28463.731 - 11176.645) + (30580.2 - 11312) )/ 2 )
=6667.4/( (17287.086+19268.2)/ 2 )
=6667.4/18277.643
=36.48 %

Banco Products (India)'s ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=7434/( ( (0 - 0) + (30580.2 - 11312) )/ 1 )
=7434/( ( 0 + 19268.2 )/ 1 )
=7434/19268.2
=38.58 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 38.58% mean?
Banco Products (India) (BOM:500039) has a ROCE % of 38.58% as of Mar. 2026.
Is Banco Products (India)'s ROCE % too high?
Banco Products (India)'s current ROCE % is 38.58%. The Vehicles & Parts industry median ROCE % is 7.94. Banco Products (India)'s value of 38.58% is 385.9% above this industry median. 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 ROCE % compare to ORLY and AZO?
Banco Products (India)'s ROCE % of 38.58% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Banco Products (India)'s value of 38.58% is 385.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Products (India)'s current ROCE % of 38.58% is 385.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Products (India)'s current ROCE % is 38.58%. 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 ROCE % is 38.58% and 385.9% above the Vehicles & Parts industry median of 7.94. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Banco Products (India) (BOM:500039), the current ROCE % is 38.58% 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:

  • ROCE %: 38.58%
  • GF Value™: ₹490.36 vs. price of ₹658.55 (34.3% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 385.9% above the Vehicles & Parts median

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

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

₹658.55
Price
₹490.36
GF Value