Case study

BANCOINDIA

Banco Products (India) Limited

Worth a closer look1y model -6.6%

Each stock's 10,000-path forecast, rendered as light.

67Score

Banco Products (India) Limited (BANCOINDIA) Stock Analysis & Case Study

Is BANCOINDIA a good buy? The data-driven verdict.

Banco Products (India) Limited (BANCOINDIA) trades at ₹687,on the numbers it worth a closer look, a Downstox Snapshot Score of 67/100.

On the numbers, Banco Products (India) Limited (BANCOINDIA) worth a closer look, a Downstox Snapshot Score of 67/100, weighing fairly valued at 20.4× earnings, ROE of 31.2%, a 45% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

BANCOINDIA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹9,826 Cr
Current price
₹687
P/E ratio
20.4×
P/B ratio
5.82×
Book value
₹118
Dividend yield
2.18%
ROCE
30.9%
ROE
31.2%
Piotroski F-Score
6/8

How BANCOINDIA ranks against the 2,373 companies in our screener

Is BANCOINDIA overvalued? BANCOINDIA P/E vs peers

BANCOINDIA trades at 20.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

BANCOINDIA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of BANCOINDIA history (20%/yr drift, 55%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
BANCOINDIA 2027₹311₹642₹1,324-7%
BANCOINDIA 2028₹217₹599₹1,656-13%
BANCOINDIA 2029₹161₹560₹1,947-19%
BANCOINDIA 2030₹127₹523₹2,147-24%
BANCOINDIA 2031₹100₹488₹2,389-29%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability BANCOINDIA goes up, or doubles?

45%
Higher in 1 year
Modelled chance the price is above today in 12 months
40%
Higher in 5 years
Modelled chance the price is above today in 5 years
20%
Doubles in 5 years
Modelled chance of reaching ₹1,374 within 5 years

The bull case for BANCOINDIA

  • BANCOINDIA's P/E of 20.4x is lower than 62% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • BANCOINDIA's return on equity of 31.2% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • BANCOINDIA's return on capital employed of 30.9% ranks in the 93rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • BANCOINDIA's dividend yield of 2.2% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,947.

The bear case & risks

  • High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹161.

BANCOINDIA volatility & expected range, how bumpy is the ride?

Over the last 9.8 years BANCOINDIA compounded at 20%/year with annualized volatility of 55%. That volatility implies a 1-year 80% range of ₹311-₹1,324, the honest backbone behind any single price target.

BANCOINDIA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
6.6%
80% range₹311-₹1,324
P(price ↑)45%
P(price 2×)9%
3-Year Forecast
2029
₹0
Median (P50)
18.5%
80% range₹161-₹1,947
P(price ↑)42%
P(price 2×)18%
5-Year Forecast
2031
₹0
Median (P50)
28.9%
80% range₹100-₹2,389
P(price ↑)40%
P(price 2×)20%

BANCOINDIA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
BANCOINDIA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds BANCOINDIA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the BANCOINDIA price target & forecast page.

BANCOINDIA Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. BANCOINDIA scores 6/8, mixed financial health.

BANCOINDIA MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy BANCOINDIA with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox37.57%2.7×
Zerodha37.52%2.7×
Groww37.68%2.7×
Dhan37.52%2.7×
Kotak NeoCHEAPEST37.45%2.7×
Paytm Money37.89%2.6×
Pocketful38.12%2.6×
Anand Rathi37.52%2.7×
Bajaj Broking45.00%2.2×
Share India37.68%2.7×

Compare every broker on the BANCOINDIA MTF page.

About Banco Products (India) Limited: sector, index & market-cap context

Banco Products (India) Limited (BANCOINDIA) is a small-cap NSE-listed company, with a market capitalisation of ₹9,826 Cr. See more stocks on our screener.

How the BANCOINDIA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Banco Products (India) Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

BANCOINDIA analysis, FAQs

Is Banco Products (India) Limited (BANCOINDIA) a good buy?

On the numbers, Banco Products (India) Limited (BANCOINDIA) worth a closer look, a Downstox Snapshot Score of 67/100, weighing fairly valued at 20.4× earnings, ROE of 31.2%, a 45% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is BANCOINDIA overvalued or undervalued?

BANCOINDIA trades at 20.4× earnings, fairly valued versus the ~22× long-run Nifty average.

What is the BANCOINDIA share price target for 2031?

BANCOINDIA's probability-weighted 2031 median target is ₹488, with an 80% range of ₹100-₹2,389 (10,000-path Monte-Carlo).

What is the probability BANCOINDIA doubles in 5 years?

The modelled probability of BANCOINDIA reaching ₹1,374 (2×) within 5 years is 20%.

What is the bull case for BANCOINDIA?

BANCOINDIA's P/E of 20.4x is lower than 62% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. BANCOINDIA's return on equity of 31.2% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. BANCOINDIA's return on capital employed of 30.9% ranks in the 93rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in BANCOINDIA?

High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on BANCOINDIA