Banco Product India Ltd - Multibagger 3 yrs timeframe
- Banco is the leading manufacturers and suppliers of OE for commercial vehicles, passenger vehicles and industrial products. We supply to most of the OEM’s within India and have a ongoing supplier relationships with both Indian OEMs as well as for Indian affliates of Japanese/European MNC for many of their future projects.
- Banco Products India Ltd. is also India’s largest exporter of aftermarket radiators to the Europe, with a growing presence in the North American/Middle-Eastern/African and South American markets. As our products are designed to meet OE standards, we provide exceptional quality and product range for the aftermarket repair trade.
- Thr company has increased its sales bu 10 % and there operation profit by a 10 %. Also the intrest component has come down by 5 %.
- The EPS is haly-yearly of 6.46 has already surpassed the Annual EPS last year.
- Thier cashflow has also increased by 4 times from 6 Crores to 28 crores. All these are good signs of a companyd doing good and executinv well.
- There Customers include Yamaha,Bajaj,Honda,TVS,Maruti,Tata,Mahindra etc.
- The companies strong presence and good work is being seen and could become mutibagger in 3 yrs time frame.