About
Euro Panel Products Limited engages in the manufacture and supply of aluminum composite panels in India and Europe. It also provides aluminum HPL, zinc composite panels, fire retardant panels, and aluminum honeycomb and composite panels. The company sells its products under the Eurobond brand, as well as exports its products. It operates through a network of dealers and distributors. The company serves customers in pharma/hospitals, automobile, corporate signage, transport, metro and railways, petroleum, government, construction, and banking sectors. The company was founded in 2002 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap370 Cr
P/E14.40
Div Yield0.00 %
Book Value₹65.30
52w High₹254.00
52w Low₹126.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 119.62 | 141.04 | 128.19 | 129.86 | 104.84 | 117.61 | 105.91 | 99.43 | 100.24 | 31.44 |
| Expenses | 106.71 | 125.67 | 114.79 | 114.99 | 92.96 | 104.33 | 94.39 | 90.05 | 92.60 | 26.99 |
| Operating Profit | 12.91 | 15.37 | 13.40 | 14.87 | 11.88 | 13.28 | 11.52 | 9.38 | 7.64 | 4.45 |
| OPM % | 10.79 | 10.90 | 10.45 | 11.45 | 11.33 | 11.29 | 10.88 | 9.43 | 7.62 | 14.15 |
| Other Income | 0.36 | 0.31 | 0.27 | 0.02 | 1.17 | 0.15 | 0.07 | 0.52 | 0.44 | 0.47 |
| Depreciation | 2.58 | 2.22 | 2.28 | 2.21 | 2.13 | 2.01 | 1.91 | 1.49 | 1.29 | 0.76 |
| Interest | 3.72 | 2.01 | 3.41 | 3.62 | 3.07 | 3.01 | 3.42 | 2.39 | 2.52 | 1.63 |
| Profit before tax | 6.97 | 11.45 | 7.98 | 9.06 | 7.85 | 8.41 | 6.26 | 6.02 | 4.27 | 2.53 |
| Tax % | 28.84 | 23.14 | 24.31 | 26.93 | 27.13 | 25.68 | 28.75 | 24.25 | 26.00 | 25.30 |
| Net Profit | 4.96 | 8.81 | 6.05 | 6.62 | 5.72 | 6.24 | 4.46 | 4.56 | 3.16 | 1.88 |
| EPS in Rs | 2.02 | 3.60 | 2.47 | 2.70 | 2.33 | 2.55 | 1.82 | 1.86 | 1.29 | 1.04 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 504.00 | 423.00 | 395.00 | 330.00 | 216.00 | 142.00 | 142.00 | 108.00 | 77.00 | 36.00 |
| Expenses | 448.00 | 381.00 | 363.00 | 305.00 | 189.00 | 128.00 | 128.00 | 96.00 | 70.00 | 34.00 |
| Operating Profit | 56.00 | 42.00 | 32.00 | 24.00 | 27.00 | 15.00 | 15.00 | 12.00 | 7.00 | 2.00 |
| OPM % | 11.00 | 10.00 | 8.00 | 7.00 | 12.00 | 10.00 | 10.00 | 11.00 | 9.00 | 6.00 |
| Other Income | 2.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 |
| Interest | 12.00 | 11.00 | 10.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 | 5.00 | 4.00 |
| Depreciation | 9.00 | 7.00 | 5.00 | 4.00 | 4.00 | 3.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Profit before tax | 36.00 | 25.00 | 20.00 | 14.00 | 17.00 | 6.00 | 6.00 | 4.00 | 1.00 | -2.00 |
| Tax % | 25.00 | 26.00 | 27.00 | 26.00 | 24.00 | 37.00 | 37.00 | 3.00 | 9.00 | 9.00 |
| Net Profit | 27.00 | 18.00 | 15.00 | 10.00 | 13.00 | 4.00 | 4.00 | 4.00 | 1.00 | -2.00 |
| EPS in Rs | 11.10 | 7.52 | 5.96 | 4.11 | 5.34 | 2.01 | 2.21 | 2.50 | 2.70 | -23.30 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 18.00 | 18.00 | 16.00 | 5.00 | 1.00 |
| Reserves | 136.00 | 109.00 | 90.00 | 76.00 | 66.00 | 14.00 | 11.00 | 6.00 | -1.00 | -2.00 |
| Borrowings | 161.00 | 116.00 | 92.00 | 55.00 | 32.00 | 54.00 | 30.00 | 19.00 | 20.00 | 20.00 |
| Other Liabilities | 66.00 | 61.00 | 75.00 | 67.00 | 63.00 | 55.00 | 73.00 | 55.00 | 37.00 | 34.00 |
| Total Liabilities | 388.00 | 310.00 | 281.00 | 222.00 | 185.00 | 141.00 | 133.00 | 95.00 | 61.00 | 52.00 |
| Fixed Assets | 92.00 | 80.00 | 32.00 | 27.00 | 29.00 | 25.00 | 27.00 | 18.00 | 12.00 | 12.00 |
| CWIP | 3.00 | 0.00 | 32.00 | 5.00 | 0.00 | 3.00 | 0.00 | 1.00 | 4.00 | 0.00 |
| Investments | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 0.00 |
| Other Assets | 293.00 | 230.00 | 218.00 | 189.00 | 156.00 | 113.00 | 105.00 | 75.00 | 44.00 | 40.00 |
| Total Assets | 388.00 | 310.00 | 281.00 | 222.00 | 185.00 | 141.00 | 133.00 | 95.00 | 61.00 | 52.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -3.00 | 9.00 | 6.00 | 18.00 | -14.00 | 7.00 | 10.00 | 6.00 | -7.00 | -1.00 |
| Cash from Investing Activity | -24.00 | -20.00 | -31.00 | -9.00 | -2.00 | -4.00 | -10.00 | -3.00 | -6.00 | -2.00 |
| Cash from Financing Activity | 29.00 | 11.00 | 24.00 | -9.00 | 19.00 | -2.00 | 1.00 | -2.00 | 3.00 | -6.00 |
| Net Cash Flow | 1.00 | 0.00 | -1.00 | -1.00 | 3.00 | 1.00 | 1.00 | 1.00 | -10.00 | -9.00 |
| Free Cash Flow | -21.00 | -12.00 | -26.00 | 10.00 | -16.00 | 3.00 | 0.00 | 3.00 | -12.00 | -3.00 |
| CFO/OP % | 10.00 | 36.00 | 36.00 | 87.00 | -33.00 | 62.00 | 82.00 | 53.00 | -102.00 | -39.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41.00 | 40.00 | 37.00 | 40.00 | 46.00 | 58.00 | 41.00 | 57.00 | 44.00 | 52.00 |
| Inventory Days | 208.00 | 190.00 | 191.00 | 192.00 | 263.00 | 291.00 | 291.00 | 242.00 | 203.00 | 474.00 |
| Days Payable | 53.00 | 56.00 | 78.00 | 84.00 | 132.00 | 180.00 | 158.00 | 116.00 | 68.00 | 138.00 |
| Cash Conversion Cycle | 197.00 | 174.00 | 149.00 | 148.00 | 176.00 | 169.00 | 175.00 | 184.00 | 179.00 | 388.00 |
| Working Capital Days | 56.00 | 60.00 | 62.00 | 82.00 | 118.00 | 84.00 | 68.00 | 84.00 | 87.00 | 141.00 |
| ROCE % | 17.00 | 16.00 | 16.00 | 15.00 | 23.00 | 17.00 | 26.00 | — | 31.00 | — |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update19 Sep 2025 from crisil
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Rating update22 Aug 2025 from crisil
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Rating update18 Jul 2025 from care
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Rating update21 Jun 2024 from crisil
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Rating update24 Jul 2023 from crisil
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Rating update4 May 2022 from crisil