Banco Products (India) Limited has notified stock exchanges regarding a name change by its statutory auditors, effective February 1, 2026. The company received formal intimation about this administrative update on February 13, 2026.

Auditor Name Change Details

The statutory auditing firm has undergone a name modification from its previous identity to a new corporate designation. This change represents an administrative update that does not affect the firm's regulatory standing or professional credentials.

Regulatory Continuity

The auditing firm has confirmed that all essential regulatory identifiers remain unchanged despite the name modification. This ensures continuity in the auditing relationship and maintains compliance with statutory requirements.

Key aspects that remain unchanged include:

• ICAI Firm Registration Number
• PAN (Permanent Account Number)
• GST (Goods and Services Tax) Number

Stock Exchange Notification

Banco Products (India) Limited has formally communicated this change to both major Indian stock exchanges. The company's shares are listed on BSE Limited under stock code 500039 and on National Stock Exchange of India Limited under the trading symbol BANCOINDIA.

The notification was signed by Company Secretary Preeti Yadav and submitted to the corporate relationship and listing departments of both exchanges. This administrative update ensures transparency and keeps all stakeholders informed about changes in the company's statutory auditing arrangements.

Banco Products (India) Limited has announced robust financial results for the quarter ended December 31, 2025, showcasing strong operational performance across its consolidated and standalone operations. The automobile ancillary company reported significant growth in profitability during the third quarter of FY26.

Consolidated Financial Performance

The company delivered impressive consolidated results for Q3FY26, with substantial improvements across key financial metrics:

For the nine months ended December 31, 2025, consolidated revenue from operations reached Rs 2,77,633 lakhs compared to Rs 2,31,884 lakhs in the corresponding previous period, marking a growth of 19.70%. Net profit for the nine-month period stood at Rs 33,425 lakhs against Rs 23,830 lakhs, representing a 40.30% increase.

Standalone Results

On a standalone basis, Banco Products reported the following performance for Q3FY26:

For the nine months ended December 31, 2025, standalone revenue from operations totaled Rs 87,596 lakhs compared to Rs 78,330 lakhs in the previous year, showing an 11.80% growth. Net profit for the nine-month period was Rs 21,696 lakhs versus Rs 12,893 lakhs, indicating a 68.30% increase.

Exceptional Items and Insurance Claim

The consolidated results include exceptional items worth Rs 1,815 lakhs for the quarter and nine months ended December 31, 2025. This relates to a fire incident at the warehouse of NRF France S.A.S., a step-down subsidiary of the company. Banco Products has filed a preliminary insurance claim for Euro 5.97 million (Rs 6,230 lakhs) and has received an interim claim amount of Euro 2.96 million from the insurance company. The final settlement with the insurance company is pending.

Earnings Per Share and Capital Structure

The company's earnings per share performance showed mixed results across consolidated and standalone operations:

The paid-up equity share capital remained unchanged at Rs 2,861 lakhs, with a face value of Rs 2 per share.

Board Approval and Regulatory Compliance

The Board of Directors of Banco Products approved these unaudited financial results at their meeting held on February 12, 2026. The meeting commenced at 3:30 PM and concluded at 4:30 PM. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and have been reviewed by the company's auditors with an unmodified opinion.

The company has submitted the quarterly results to BSE Limited and National Stock Exchange of India Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As the company operates primarily in the automobile ancillary business, it has only one reportable segment for business reporting purposes.