Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹325 Cr.
Stock P/E
12.2
P/B
2
Current Price
₹132.5
Book Value
₹ 67.3
Face Value
10
52W High
₹226
52W Low
₹ 120.3
Dividend Yield
0%

Euro Panel Products Overview

Business

Euro Panel Products Ltd. is an Indian manufacturer of Aluminium Composite Panels (ACPs) and allied building materials. The company specializes in producing decorative and functional panels primarily used for exterior cladding, interior decoration, signage, and other architectural applications in residential, commercial, and industrial buildings. Its core business model revolves around manufacturing a diverse range of ACPs with various finishes (e.g., solid, metallic, marble, wood, mirror) and distributing them through a network of dealers and distributors to architects, builders, fabricators, and contractors. The company makes money by selling these manufactured building materials.

Revenue Mix

The company's primary revenue stream is derived from the manufacturing and sale of Aluminium Composite Panels (ACPs). While specific revenue contribution percentages for different product lines are not publicly detailed, ACPs constitute the core product offering. Other allied products and services may contribute but are ancillary to the main ACP business.

Industry

Euro Panel Products operates in the Indian Aluminium & Aluminium Products industry, specifically within the building materials segment focusing on ACPs. The industry is characterized by a mix of organized and unorganized players. Key competitors include other established ACP manufacturers, both domestic and international, vying for market share. Euro Panel positions itself as a quality manufacturer offering a wide range of designs and finishes, catering to various architectural needs. The market is competitive, driven by product innovation, pricing, distribution reach, and quality standards.

MOAT

The company's competitive advantages are likely derived from:

Product Range & Customization: Offering a wide variety of ACP finishes and specifications can cater to diverse design requirements.

Manufacturing Capabilities: Adherence to quality standards and efficient production processes.

Distribution Network: An established network of dealers and distributors across India is crucial for market penetration and reach.

Brand Recognition (Niche): Within specific regional markets or amongst certain customer segments (e.g., architects, builders), the "Eurobond" brand may hold recognition for reliability and quality.

Growth Drivers

Infrastructure & Construction Boom: India's robust growth in urban infrastructure, commercial real estate, and housing projects will drive demand for modern building materials like ACPs.

Urbanization & Modernization: Increasing urbanization and a shift towards contemporary architectural designs favor the use of lightweight, durable, and aesthetically versatile materials.

Government Initiatives: Schemes promoting smart cities, affordable housing, and public infrastructure development create a strong demand pipeline.

Product Innovation & Diversification: Introducing new finishes, fire-retardant panels, or panels with enhanced features can open new market segments.

Risks

Raw Material Price Volatility: Aluminium, being a key raw material, is subject to global commodity price fluctuations, impacting production costs and profitability.

Intense Competition: The presence of numerous organized and unorganized players can lead to pricing pressures and margin erosion.

Economic Slowdown: A downturn in the construction or real estate sector due to economic factors could significantly impact demand.

Substitution Risk: Evolution of alternative building materials or changing architectural preferences could reduce demand for ACPs.

Regulatory Changes: New building codes or environmental regulations could require costly adaptations to manufacturing processes or product specifications.

Management & Ownership

Euro Panel Products Ltd. is promoted by individuals with experience in the building materials industry. The ownership structure typically features a significant stake held by the promoter group, aligning their interests with the company's long-term performance. Specific details on individual management quality would require deeper public disclosures or analyst reports.

Outlook

Euro Panel Products Ltd. operates in a sector poised for growth given India's ongoing infrastructure development and construction boom. The demand for modern, durable, and aesthetically pleasing building materials like ACPs is expected to remain strong. However, the company faces inherent challenges from raw material price volatility and intense competition within the fragmented building materials market. Its ability to innovate, maintain product quality, expand its distribution network, and manage costs effectively will be crucial for sustained performance and market share gains against both established and emerging players.

Euro Panel Products Share Price

Live · BSE / NSE · Inception: 2013
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Euro Panel Products Quarterly Results

#(Fig in Cr.) Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 99 106 118 105 130 127 141 120
Other Income 1 0 0 1 0 0 0 0
Total Income 100 106 118 106 130 128 141 120
Total Expenditure 90 94 104 93 115 114 126 107
Operating Profit 10 12 13 13 15 13 15 13
Interest 2 3 3 3 4 3 2 4
Depreciation 1 2 2 2 2 2 2 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0
Profit Before Tax 6 6 8 8 9 8 11 7
Provision for Tax 1 2 2 2 2 2 3 2
Profit After Tax 5 4 6 6 7 6 9 5
Adjustments 0 0 -0 -0 0 0 0 0
Profit After Adjustments 5 4 6 6 7 6 9 5
Adjusted Earnings Per Share 1.9 1.8 2.5 2.3 2.7 2.3 3.5 2

Euro Panel Products Profit & Loss

#(Fig in Cr.) Mar 2025 Mar 2026 TTM
Net Sales 423 503 518
Other Income 1 2 0
Total Income 424 505 519
Total Expenditure 381 448 462
Operating Profit 43 57 56
Interest 11 12 13
Depreciation 7 9 9
Exceptional Income / Expenses 0 0 0
Profit Before Tax 25 36 35
Provision for Tax 7 9 9
Profit After Tax 18 27 27
Adjustments 0 0 0
Profit After Adjustments 18 27 27
Adjusted Earnings Per Share 7.5 10.8 10.5

Euro Panel Products Balance Sheet

#(Fig in Cr.) Mar 2025 Mar 2026
Shareholder's Funds 133 160
Minority's Interest 0 0
Borrowings 17 17
Other Non-Current Liabilities 6 9
Total Current Liabilities 153 201
Total Liabilities 310 388
Fixed Assets 80 92
Other Non-Current Assets 2 11
Total Current Assets 228 284
Total Assets 310 388

Euro Panel Products Cash Flow

#(Fig in Cr.) Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 5 5
Cash Flow from Operating Activities 9 -3
Cash Flow from Investing Activities -20 -24
Cash Flow from Financing Activities 11 29
Net Cash Inflow / Outflow 0 1
Closing Cash & Cash Equivalent 5 6

Euro Panel Products Ratios

# Mar 2025 Mar 2026
Earnings Per Share (Rs) 7.52 10.84
CEPS(Rs) 10.26 14.45
DPS(Rs) 0 0
Book NAV/Share(Rs) 54.38 65.34
Core EBITDA Margin(%) 9.59 10.62
EBIT Margin(%) 8.33 9.27
Pre Tax Margin(%) 5.73 6.91
PAT Margin (%) 4.23 5.14
Cash Profit Margin (%) 5.77 6.85
ROA(%) 5.94 7.62
ROE(%) 13.83 18.11
ROCE(%) 14.81 17.13
Receivable days 38.59 36.12
Inventory Days 132.98 127.05
Payable days 55.68 50.73
PER(x) 20.94 12.76
Price/Book(x) 2.9 2.12
Dividend Yield(%) 0 0
EV/Net Sales(x) 1.16 0.97
EV/Core EBITDA(x) 11.46 8.59
Net Sales Growth(%) 0 18.91
EBIT Growth(%) 0 32.05
PAT Growth(%) 0 44.13
EPS Growth(%) 0 44.13
Debt/Equity(x) 0.84 0.97
Current Ratio(x) 1.49 1.41
Quick Ratio(x) 0.45 0.41
Interest Cover(x) 3.2 3.93
Total Debt/Mcap(x) 0.29 0.46

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +19% — — —
Operating Profit CAGR +33% — — —
PAT CAGR +50% — — —
Share Price CAGR -38% -5% — —
ROE Average +18% +16% +16% +16%
ROCE Average +17% +16% +16% +16%

Euro Panel Products Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 63.93 %
FII 0 %
DII (MF + Insurance) 1.29 %
Public (retail) 34.78 %
# Mar 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Aug 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 62.8163.3863.3863.3863.3863.3863.3863.3863.9363.93
FII 000.890.890.890.890000
DII 0.920.981.241.361.291.291.291.291.291.29
Public 36.2735.6434.4934.3834.4434.4435.3335.3334.7834.78
Others 0000000000
Total 100100100100100100100100100100

Euro Panel Products Peer Comparison

Aluminium & Aluminium Products Edit Columns

Euro Panel Products Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Euro Panel Products Pros & Cons

Pros

  • Debtor days have improved from 55.68 to 50.73days.

Cons

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