Euro Panel Products Ltd
NSE: EUROBOND BSE: 544461Metal
Incorporated in 2013, Euro Panel Products Ltd manufactures and supplies Aluminium Composite Panels in India and abroad[1]
₹177
52W: ₹126 — ₹254
PE 17.6 · Book ₹59.4 · +198% vs bookMarket Cap₹433 Cr
Stock P/E17.6Price to Earnings
ROCE15.9%Return on Capital
ROE14.9%Return on Equity
Div. Yield0%Face Value ₹10
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 13.2% over last 3 years.
Shareholding Pattern
Promoters63.93%
FIIs0%
DIIs1.29%
Public34.78%
| Category | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 62.81% | 63.38%▲0.6 | 63.38% | 63.38% | 63.38% | 63.38% | 63.38% | 63.93%▲0.5 |
| FIIs | 0% | 0% | 0.89%▲0.9 | 0.89% | 0.89% | 0%▼0.9 | 0% | 0% |
| DIIs | 0.92% | 0.98%▲0.1 | 1.24%▲0.3 | 1.36%▲0.1 | 1.29%▼0.1 | 1.29% | 1.29% | 1.29% |
| Public | 36.27% | 35.64%▼0.6 | 34.49%▼1.1 | 34.38%▼0.1 | 34.44%▲0.1 | 35.32%▲0.9 | 35.33%▲0.0 | 34.78%▼0.5 |
Financial Statements
| Metric | Jun 2021 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Sales | 31.44 | 100.24 | 99.43 | 105.91 | 117.61 | 104.84 | 129.86 | 128.19 |
| Expenses | 26.99 | 92.6 | 90.05 | 94.39 | 104.33 | 92.96 | 114.99 | 114.79 |
| Operating Profit | 4.45 | 7.64 | 9.38 | 11.52 | 13.28 | 11.88 | 14.87 | 13.4 |
| OPM % | 14.15% | 7.62% | 9.43% | 10.88% | 11.29% | 11.33% | 11.45% | 10.45% |
| Net Profit | 1.88 | 3.16 | 4.56 | 4.46 | 6.24 | 5.72 | 6.62 | 6.05 |
| EPS ₹ | 1.04 | 1.29 | 1.86 | 1.82 | 2.55 | 2.33 | 2.7 | 2.47 |
AI Insights
Revenue Trend
TTM revenue at ₹480Cr, up 13.5% YoY. OPM at 11%.
Debt Position
Borrowings at ₹129Cr. Debt-to-equity ratio: 1.07x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹1Cr (1% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 1.29% (+1.29pp change). FIIs: 0% (+0.00pp change). Promoters hold 63.93%.
Margin & Efficiency
ROCE improving from 0% (Mar 2016) to 16% (Mar 2025). Working capital days: 60.
Valuation
PE 17.6x with 15.9% ROCE. Price is 198% above book value of ₹59.4. Dividend yield: 0%.
Recent Announcements
- Board Meeting Intimation for Meeting Scheduled To Be Held On Friday, May 22, 2026. 2m
- Notice Of The Board Meeting Scheduled To Be Held On Friday, May 22, 2026. 1d - Board meeting on May 22, 2026 to approve audited FY26 financial results; trading window closed from April 1.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 8 May - Euro Panel Products launches majority-owned subsidiary Euro Sealant Private Limited, diversifying into sealants on 8 May 2026.
- Announcement under Regulation 30 (LODR)-Acquisition 29 Apr - Euro Panel Products incorporated Euro Sealant Private Limited in Tamil Nadu on April 28, 2026, with 51% stake.
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 20 Apr - Euro Panel Products confirms it does not qualify as a Large Corporate under SEBI debt rules.
- Financial Year 2025 from bse
- Financial Year 2024 from nse
- Financial Year 2023 from nse