Integrated Filing — IndAS

General information about company
Scrip Code	500039
NSE Symbol	BANCOINDIA
MSEI Symbol	NOTLISTED
ISIN	INE213C01025
Name of company	BANCO PRODUCTS (I) LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	17-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	03-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Auto Parts and Equipments
Start date and time of board meeting	17-May-2025   16:15:00
End date and time of board meeting	17-May-2025   18:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	8746500000	32125200000
	Other income	187900000	430200000
	Total income	8934400000	32555400000
2	Expenses
(a)	Cost of materials consumed	5907600000	21637300000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-1578700000	-4219800000
(d)	Employee benefit expense	962900000	3350800000
(e)	Finance costs	78900000	256300000
(f)	Depreciation, depletion and amortisation expense	355100000	943400000
(f)	Other Expenses
1	Other Expenses	1311900000	5245300000
	Total other expenses	1311900000	5245300000
	Total expenses	7037700000	27213300000
3	Total profit before exceptional items and tax	1896700000	5342100000
4	Exceptional items	0	0
5	Total profit before tax	1896700000	5342100000
6	Tax expense
7	Current tax	323000000	1207100000
8	Deferred tax	38700000	217000000
9	Total tax expenses	361700000	1424100000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1535000000	3918000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	1535000000	3918000000
17	Other comprehensive income net of taxes	-62300000	168700000
18	Total Comprehensive Income for the period	1472700000	4086700000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	1472700000	4086700000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	1472700000	4086700000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	286100000	286100000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		12736800000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	10.73	27.39
	Diluted earnings (loss) per share from continuing operations	10.73	27.39
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	10.73	27.39
	Diluted earnings (loss) per share from continuing and discontinued operations	10.73	27.39
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes: n1.The above audited results (Standalone and Consolidated) have been prepared in accordance with Indian Accounting Standards (‘IND AS) notified under section 133 of the companies Act 2013, read together with relevant rules issued there under and other accounting principles generally accepted in India. n2.The above financial results (Standalone and Consolidated) were reviewed and recommended by the Audit Committee on 17.05.2025 and subsequently approved by the Board of Directors at its meeting held on 17.05.2025. n3.The Company is primarily engaged in Automobile Ancillary business and therefore there is only one reportable segment. n4.During the year, 7,15,18,650 equity shares of Face Value of Rs. 2/- were allotted to the eligible holders of equity shares on the record date (i.e. 30.12.2024) as bonus equity shares by Capitalizing Securities Premium Rs.1200.31 Lakhs and General Reserve Rs. 230.06 Lakhs. nIn accordance with the 'Ind AS 33 - Earning per share', the figures of Earning Per Share for the previous period has been restated to give effect to the allotment of the bonus shares. n5.The consolidated profit before tax of Rs. 18,967/- Lakhs for the quarter ended on 31.03.2025 includes inter-alia translation gain of Rs. 4,096/- Lakhs on account of foreign exchange fluctuations on inventories of overseas subsidiaries as against translation loss of Rs. 3,483 Lakhs previous quarter ended on 31.12.2024.(Translations loss or gain arises on converting the Inventory of overseas subsidiaries in INR at closing Exchange rate of each period ). nThe consolidated profit before tax of Rs. 53,421/- Lakhs for the year ended on 31.03.2025 includes inter-alia translation gain of Rs. 2,912/- Lakhs on account of foreign exchange fluctuations on inventories of overseas subsidiaries as against translation gain of Rs. 357 Lakhs previous year ended on 31.03.2024.(Translations loss or gain arises on converting the Inventory of overseas subsidiaries in INR at closing Exchange rate of each period ). n6.The figures for the corresponding previous period have been regrouped/reclassified wherever necessary, to make them comparable with the figures of current period. n7.The above results of the Company are available on the Company's website www.bancoindia.com and also on www.bseindia.com and www.nseindia.com. n nPlace: Vadodara nDate: 17.05.2025 n nFor Banco Products (India) Limited n(Mehul K Patel) nChairman n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	5128200000
	Capital work-in-progress	51500000
	Investment property	0
	Goodwill	0
	Other intangible assets	29000000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	41900000
	Total non-current financial assets	41900000
	Deferred tax assets (net)	1026500000
	Other non-current assets	85800000
	Total non-current assets	6362900000
2	Current assets
	Inventories	13812700000
	Current financial asset
	Current investments	381000000
	Trade receivables, current	6113900000
	Cash and cash equivalents	224900000
	Bank balance other than cash and cash equivalents	965600000
	Loans, current	0
	Other current financial assets	7200000
	Total current financial assets	7692600000
	Current tax assets (net)	0
	Other current assets	595500000
	Total current assets	22100800000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	28463700000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	286100000
	Other equity	12742300000
	Total equity attributable to owners of parent	13028400000
	Non controlling interest	0
	Total equity	13028400000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	246900000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	2114500000
	Total non-current financial liabilities	2361400000
	Provisions, non-current	131400000
	Deferred tax liabilities (net)	1555300000
	Deferred government grants, Non-current	0
	Other non-current liabilities	2500000
	Total non-current liabilities	4050600000
	Current liabilities
	Current financial liabilities
	Borrowings, current	2937700000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	257600000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	5832400000
	Total Trade payable	6090000000
	Other current financial liabilities	1635000000
	Total current financial liabilities	10662700000
	Other current liabilities	491800000
	Provisions, current	22100000
	Current tax liabilities (Net)	208100000
	Deferred government grants, Current	0
	Total current liabilities	11384700000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	15435300000
	Total equity and liabilites	28463700000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of the net defined benefit liability/assets	-6800000	-6800000
2	Exchange difference arrising on translation of foreign operations	-55500000	175500000
	Total Amount of items that will not be reclassified to profit and loss	-62300000	168700000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-62300000	168700000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			5342100000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			0
	Adjustments for decrease (increase) in inventories			-4592300000
	Adjustments for decrease (increase) in trade receivables, current			-1289800000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-220700000
	Adjustments for decrease (increase) in other non-current assets			-11100000
	Adjustments for other financial assets, non-current			-3400000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			2116600000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			247000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			943400000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			40100000
	Adjustments for other financial liabilities, non-current			11600000
	Adjustments for unrealised foreign exchange losses gains			1000000
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-182000000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			149800000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-2789800000
	Net cash flows from (used in) operations			2552300000
	Dividends received			0
	Interest paid			-256300000
	Interest received			-34900000
	Income taxes paid (refund)			1130700000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1643000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			204500000
	Purchase of property, plant and equipment			984500000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			378500000
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			51900000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-375800000
	Net cash flows from (used in) investing activities	-725400000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			941600000
	Repayments of borrowings			0
	Payments of lease liabilities			0
	Dividends paid			1573400000
	Interest paid			256300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-888100000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			29500000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			29500000
	Cash and cash equivalents cash flow statement at beginning of period			117900000
	Cash and cash equivalents cash flow statement at end of period			147400000