Banco Products (India) (BOM:500039) 3-Year ROIIC % : 22.06% (As of Mar. 2026) — Near Median

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BOM:500039 Banco Products (India) Ltd BOM:500039
74 GF Score
Price ₹657.50
GF Value ₹498.97
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Banco Products (India) 3-Year ROIIC %?

Banco Products (India) BOM:500039 +2.96% 74 3-Year ROIIC % is 22.06 as of Mar. 2026, which is 1% below its 10-year median of 22.37. GuruFocus rates BOM:500039 with a GF Score™ of 74/100 and a GF Value™ of ₹498.97 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,252 Vehicles & Parts companies, Banco Products (India) ranks better than 74.92% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Banco Products (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 22.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Banco Products (India)'s 3-Year ROIIC % or its related term are showing as below:

BOM:500039's 3-Year ROIIC % is ranked better than
74.92% of 1252 companies
in the Vehicles & Parts industry
Industry Median: 4.235 vs BOM:500039: 22.06

Banco Products (India)  (BOM:500039) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Banco Products (India) 3-Year ROIIC % Related Terms


Banco Products (India) 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Banco Products (India)'s 3-Year ROIIC % 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) 3-Year ROIIC % Chart

Banco Products (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.86 24.78 20.56 24.83 22.06

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
3-Year ROIIC % 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 24.83 0.00 0.00 0.00 22.06

BOM:500039 vs ORLY, AZO: 3-Year ROIIC % Comparison

For the Auto Parts subindustry, Banco Products (India)'s 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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) 3-Year ROIIC % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Banco Products (India)'s 3-Year ROIIC % falls into.


BOM:500039
74GF Score
Banco Products (India) Ltd BOM:500039
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Products (India) 3-Year ROIIC % Calculation

Banco Products (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 4087.8487 (Mar. 2026) - 2343.4934952 (Mar. 2023) )/( 22818.6 (Mar. 2026) - 14911.589 (Mar. 2023) )
=1744.3552048/7907.011
=22.06%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 22.06 mean?
Banco Products (India) (BOM:500039) has a 3-Year ROIIC % of 22.06 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Banco Products (India) and its competitors. This is near median its historical median of 22.37. According to the industry distribution chart, Banco Products (India) ranks #314 out of 1252 companies in the Vehicles & Parts industry, placing it in the top 25.1%.
Is Banco Products (India)'s 3-Year ROIIC % too high?
Banco Products (India)'s current 3-Year ROIIC % of 22.06 is near median its 10-year median of 22.37. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. Banco Products (India)'s value of 22.06 is 420.9% above this industry median. Based on the distribution chart, Banco Products (India) ranks #314 out of 1252 companies in the Vehicles & Parts industry, which is above the industry midpoint. 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 3-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Banco Products (India) ranks #314 out of 1252 companies for 3-Year ROIIC %. This puts Banco Products (India) in the upper half of its industry. The industry median 3-Year ROIIC % is 4.24. Banco Products (India)'s value of 22.06 is 420.9% above this benchmark. While the company's 10-year median is 22.37 vs. the industry median of 4.24, 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 3-Year ROIIC % for a Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,252 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Products (India)'s current 3-Year ROIIC % of 22.06 is 420.9% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Banco Products (India) and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Products (India)'s current 3-Year ROIIC % is 22.06, which is near median its own 10-year median of 22.37. 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 ₹498.97, compared to a current price of ₹657.50 — trading 31.8% above its estimated fair value. The current 3-Year ROIIC % is 22.06, which is near median its 10-year median of 22.37 and 420.9% above the Vehicles & Parts industry median of 4.24. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Banco Products (India) (BOM:500039), the current 3-Year ROIIC % is 22.06 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 ₹657.50 is trading 31.8% above its estimated GF Value™ of ₹498.97. GuruFocus considers Banco Products (India) to be Significantly Overvalued.

Key valuation signals for BOM:500039:

  • 3-Year ROIIC %: 22.06 (near median its 10-year median of 22.37)
  • GF Value™: ₹498.97 vs. price of ₹657.50 (31.8% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 420.9% above the Vehicles & Parts median (#314 of 1252)

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

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

₹657.50
Price
₹498.97
GF Value