Euro Panel Products (EUROBOND) had a P/E of 13.1× on 6 Nov 2026, below the industry P/E of 24.8×, and the shares are 39% below their 52-week high. Its ROCE of 25% is the second-highest among the 7 largest Building Products & Equipment peers, and sales and net profit grew 15% and 38% a year over 3 years. Debt is 1.01× equity. It is a small-cap company with a market cap of ₹337 Cr, ranked 29th of 64 Building Products & Equipment companies by market cap; the shares fell 34% over the past year.
- ₹139.20
- ₹139.90
- ₹135.66
- ₹136.15
- 1.7K
Health check
- ReturnsBehind
−34.4% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 13.1 vs industry 24.8.
- GrowthStrong
Sales +15.2%, profit +38.1% a year over 3 years.
- ProfitabilityStrong
ROCE 25.4% vs peer median 20.7%.
- Balance sheetFair
Debt 1.01× equity, interest covered 4.1×, Piotroski 5 of 9.
- Red flags2 to check
Quarterly profit down 16.4% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹337 Cr
- Small cap
- P/E
- 13.1
- Industry 24.8
- Price to book
- 2.10
- Peers 7.95
- Dividend yield
- 0.00%
- ROE
- 18.1%
- Peers 18.7%
- ROCE
- 25.4%
- Peers 20.7%
- Debt to equity
- 1.01
- Debt ₹161 Cr
- EPS (TTM)
- ₹10.46
- Face value ₹10
- OPM (TTM)
- 10.8%
- Net margin 4.9%
- Sales growth
- +14.3%
- Latest quarter vs a year ago
- Profit growth
- −16.4%
- Latest quarter vs a year ago
- Price to sales
- 0.65
- EV/EBITDA 8.8
Strengths and risks
Strengths
- Return on equity of 18.1%.
- Return on capital employed of 25.4%.
- P/E of 13.1 against an industry P/E of 24.8.
Risks to check
- Quarterly profit down 16.4% on a year ago.
- 39% below its 52-week high.
About Euro Panel Products
Euro Panel Products Limited engages in the manufacture and supply of aluminum composite panels (ACP) in India and Europe. The company provides ACP, HPL, core composite, and honeycomb panels; fire retardant, zinc composite, solid aluminum, and engineered solid panels; and ACP louvers and fins. It offers its products under the Eurobond brand through a network of dealers and distributors. The company also exports its products. It serves pharma/hospitals,…
- Headquarters
- Mumbai
- Employees
- 628
- Sector
- Industrials
- ISIN
- INE505V01016
- Website
- eurobondacp.com
Price range
- Avg volume (3M)
- 4.9K
- 1-year return
- minus 34.4%
- From 52-week high
- minus 38.9%
Peers · Building Products & Equipment
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CPPLUSAditya Infotech | 4,131.40 | minus 0.94% | 50,682 | 82.2 | 88.3 | 25.9% | 14.5% | 0.10 | 22.7% | plus 215.4% |
| SUPREMEINDSupreme Industries | 3,156.90 | minus 4.07% | 40,118 | 35.5 | 25.0 | 19.6% | 14.4% | 0.01 | 6.8% | minus 15.4% |
| ASTRALAstral | 1,253.60 | minus 9.68% | 33,678 | 59.3 | 31.1 | 17.6% | 15.5% | 0.08 | 8.4% | minus 5.4% |
| BLUESTARCOBlue Star | 1,575.00 | plus 0.19% | 32,381 | 60.6 | 33.4 | 20.7% | 6.6% | 0.22 | 15.7% | minus 18.0% |
| GRINDWELLGrindwell Norton | 1,919.10 | minus 0.55% | 21,248 | 46.0 | 34.1 | 21.0% | 19.2% | 0.02 | 6.6% | plus 16.8% |
| KAJARIACERKajaria Ceramics | 1,180.70 | minus 2.08% | 18,554 | 31.1 | 21.0 | 21.0% | 19.0% | 0.13 | 3.3% | plus 3.3% |
| FINPIPEFinolex Industries | 141.95 | minus 1.95% | 8,777 | 14.5 | 9.5 | 12.6% | 17.5% | 0.02 | −2.4% | minus 23.1% |
| EUROBONDEuro Panel Products | 137.40 | plus 0.92% | 337 | 13.1 | 8.9 | 25.4% | 10.8% | 1.01 | 15.2% | minus 34.4% |
| Median of 7 peers | – | −1.95% | 32,381 | 46.0 | 31.1 | 20.7% | 15.5% | 0.08 | 6.8% | −5.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 105 | 130 | 127 | 141 | 120 | |
| 93 | 115 | 114 | 126 | 107 | |
| 11.9 | 14.9 | 13.1 | 15.1 | 12.8 | |
| 11.3% | 11.5% | 10.2% | 10.7% | 10.6% | |
| 1.2 | 0 | 0.3 | 0.3 | 0.4 | |
| 3.1 | 3.6 | 3.4 | 2 | 3.7 | |
| 2.1 | 2.2 | 2.3 | 2.2 | 2.6 | |
| 7.8 | 9.1 | 7.6 | 11.2 | 6.8 | |
| 27.1% | 26.9% | 25.4% | 23.7% | 29.6% | |
| 5.7 | 6.6 | 5.7 | 8.5 | 4.8 | |
| 2.34 | 2.70 | 2.33 | 3.48 | 1.95 |
Profit & loss
- Sales CAGR 3Y
- +15.2%
- Profit CAGR 3Y
- +38.1%
- EPS CAGR 3Y
- +38.2%
- ROE
- 18.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 329 | 395 | 423 | 503 | |
| – | +20.0% | +7.1% | +18.9% | |
| 304 | 363 | 381 | 448 | |
| 25.5 | 31.9 | 41.8 | 55.6 | |
| 7.7% | 8.1% | 9.9% | 11.1% | |
| −0.9 | 1.3 | 0.4 | −0 | |
| 6.9 | 8.9 | 10.7 | 11.7 | |
| 4.3 | 4.5 | 6.7 | 8.8 | |
| 0.3 | 0.2 | 0.1 | 0.7 | |
| 13.6 | 19.9 | 25 | 35.7 | |
| 26.1% | 26.7% | 26.2% | 25.6% | |
| 10.1 | 14.6 | 18.4 | 26.6 | |
| – | +45.0% | +26.1% | +44.1% | |
| 4.11 | 5.96 | 7.52 | 10.84 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 24.5 | 24.5 | 24.5 | 24.5 | |
| 75.9 | 90.4 | 109 | 136 | |
| 54.9 | 91.6 | 116 | 161 | |
| 66.8 | 74.7 | 60.6 | 66 | |
| 222 | 281 | 310 | 388 | |
| 32.5 | 63.3 | 79.9 | 94.5 | |
| 5.4 | 31.7 | 0.2 | 2.6 | |
| 2.6 | 2 | 0.9 | 7.6 | |
| 0.1 | 0.7 | 2.2 | 0.6 | |
| 181 | 183 | 227 | 282 | |
| 222 | 281 | 310 | 388 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17.8 | 6 | 9.4 | −3.1 | |
| −9.1 | −31.1 | −19.9 | −24.5 | |
| −9.3 | 24.1 | 10.6 | 28.7 | |
| −0.7 | −1 | 0.1 | 1.2 | |
| −7.6 | −32.8 | −21.7 | −19.8 | |
| 10.1 | −26.8 | −12.3 | −22.9 |
Shareholding pattern
- Promoters63.93%
- Public36.07%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 63.93% | 36.07% | 0.00 | |
| 30 Jun 2026 | 63.93% | 36.07% | 0.00 | |
| 31 Mar 2026 | 63.93% | 36.07% | plus 0.55 | |
| 31 Dec 2025 | 63.38% | 36.62% | 0.00 | |
| 30 Sep 2025 | 63.38% | 36.62% | – |
Major shareholders
Filings & events
News
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