Euro Panel Products Ltd
Incorporated in 2013, Euro Panel Products
Ltd manufactures and supplies Aluminium Composite Panels in India and abroad[1]
- Market Cap ₹ 356 Cr.
- Current Price ₹ 145
- High / Low ₹ 254 / 126
- Stock P/E 14.4
- Book Value ₹ 59.4
- Dividend Yield 0.00 %
- ROCE 15.9 %
- ROE 14.9 %
- Face Value ₹ 10.0
Pros
Cons
- 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.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Aluminium, Copper & Zinc Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 36 | 77 | 108 | 142 | 142 | 216 | 330 | 395 | 423 | 480 | |
| 34 | 70 | 96 | 128 | 128 | 189 | 305 | 363 | 381 | 427 | |
| Operating Profit | 2 | 7 | 12 | 15 | 15 | 27 | 24 | 32 | 42 | 53 |
| OPM % | 6% | 9% | 11% | 10% | 10% | 12% | 7% | 8% | 10% | 11% |
| 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | |
| Interest | 4 | 5 | 7 | 7 | 7 | 7 | 8 | 10 | 11 | 13 |
| Depreciation | 1 | 1 | 2 | 2 | 3 | 4 | 4 | 5 | 7 | 9 |
| Profit before tax | -2 | 1 | 4 | 6 | 6 | 17 | 14 | 20 | 25 | 33 |
| Tax % | 9% | 9% | 3% | 37% | 37% | 24% | 26% | 27% | 26% | |
| -2 | 1 | 4 | 4 | 4 | 13 | 10 | 15 | 18 | 25 | |
| EPS in Rs | -23.30 | 2.70 | 2.50 | 2.21 | 2.01 | 5.34 | 4.11 | 5.96 | 7.52 | 10.05 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 25% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 12% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 13% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 5 | 16 | 18 | 18 | 24 | 24 | 24 | 24 | 24 |
| Reserves | -2 | -1 | 6 | 11 | 14 | 66 | 76 | 90 | 109 | 121 |
| 20 | 20 | 19 | 30 | 54 | 32 | 55 | 92 | 116 | 129 | |
| 34 | 37 | 55 | 73 | 55 | 63 | 67 | 75 | 61 | 66 | |
| Total Liabilities | 52 | 61 | 95 | 133 | 141 | 185 | 222 | 281 | 310 | 341 |
| 12 | 12 | 18 | 27 | 25 | 29 | 27 | 32 | 80 | 84 | |
| CWIP | 0 | 4 | 1 | 0 | 3 | 0 | 5 | 32 | 0 | 1 |
| Investments | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| 40 | 44 | 75 | 105 | 113 | 156 | 189 | 218 | 230 | 256 | |
| Total Assets | 52 | 61 | 95 | 133 | 141 | 185 | 222 | 281 | 310 | 341 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| -1 | -7 | 6 | 10 | 7 | -14 | 18 | 6 | 9 | |
| -2 | -6 | -3 | -10 | -4 | -2 | -9 | -31 | -20 | |
| -6 | 3 | -2 | 1 | -2 | 19 | -9 | 24 | 11 | |
| Net Cash Flow | -9 | -10 | 1 | 1 | 1 | 3 | -1 | -1 | 0 |
| Free Cash Flow | -3 | -12 | 3 | -0 | 3 | -16 | 10 | -26 | -12 |
| CFO/OP | -39% | -102% | 53% | 82% | 62% | -33% | 87% | 36% | 36% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 52 | 44 | 57 | 41 | 58 | 46 | 40 | 37 | 40 |
| Inventory Days | 474 | 203 | 242 | 291 | 291 | 263 | 192 | 191 | 190 |
| Days Payable | 138 | 68 | 116 | 158 | 180 | 132 | 84 | 78 | 56 |
| Cash Conversion Cycle | 388 | 179 | 184 | 175 | 169 | 176 | 148 | 149 | 174 |
| Working Capital Days | 141 | 87 | 84 | 68 | 84 | 118 | 82 | 62 | 60 |
| ROCE % | 31% | 26% | 17% | 23% | 15% | 16% | 16% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Annual Production Volume sq. mt. |
|
||||
| International Presence (Countries Reach) Number |
|||||
| Number of Depots/Warehouses Number |
|||||
| Total Employee Count Number |
|||||
| Installed Manufacturing Lines Number |
|||||
| Number of Distributors Number |
|||||
| Daily Output Capacity sq. mt. per day |
|||||
| Total Design Variations Number |
|||||
| In-house Coating Capacity Tons per month |
|||||
Documents
Announcements
- Closure of Trading Window 26 Mar
-
Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015
24 Mar - Divya Ply bought 134,492 Euro Panel shares on NSE on 23-Mar-2026; holding rose from 2.31% to 2.85%.
-
Board Meeting Outcome for Outcome Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Incorporation Of Subsidiary Company
21 Mar - Euro Panel approved incorporation of majority‑owned Indian subsidiary on 21 Mar 2026; name and investment pending.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
17 Mar - Opened Delhi Experience Centre; plans 20 centres, multi‑crore investment, Rs6–7 Crore product spend, targets 15% growth.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 Feb - 28 Feb 2026 press release: five facade-material considerations for developers, covering warranties, testing, durability, coatings, supply.
Business Overview:[1]
Company does manufacturing and distribution of aluminum composite panels and aluminium core composite panels (fire retardant).