Euro Panel Products – the company behind EUROBOND brand of aluminium panels – has announced its half-yearly and year-to-date financial results for the half-year ended 31 March 2025. The company has recorded a significant increase of PAT (Profit after Tax) by 26% to INR 18 crore in the FY 24-25 driven by business optimisations. This development of the net profit has been driven by Euro Panel Products’ backward integration with a state-of-the-art, India’s most advanced continuous “3Coat 2Bake” coating line — a catalyst for business growth.
The firm has also sustained its gradual increase of product sales in FY 24-25, with figures soaring to INR 423 crore, an increase of approximately 7%. Driven by its promise of quality and innovation, Euro Panel Products Limited estimates a growing business outlook going into FY 25-26, with new developments in the pipeline. Furthermore, the registered PAT by the company highlights its highest-ever net profit with a 36% compound profit growth in the last 5 years.
Mr. Rajesh Shah, Managing Director of Euro Panel Products Limited, shared his insights on the development, saying, “The FY 24-25 financial results highlight our upward momentum, and the fact that Euro Panel Products Limited is continuing on the right path. We are committed to continue in the path of growth, while transforming the ACP industry both domestically and internationally by embodying the Make in India initiative as our guiding principle. Euro Panel Products Limited will continue to be a hub for innovation and quality, we estimate continuing this upward momentum in FY 25-26 and beyond.”
The Mumbai-based firm recently inaugurated its new state-of-the-art 5,000 square feet headquarters at the Mumbai Solitaire Business Center in Borivali West. The new headquarters has catalysed the firm’s ACP innovation, with R&D efforts taking the lead. This proactive aspect has helped Euro Panel Products Limited to not only sustain but go beyond initial estimates, helping to enhance the firm’s operating profit margin to 10% from 8% in the previous FY.
The company aims to align with changing customer preferences and the larger industry dynamics going forward. This will include engaging in significant R&D efforts while increasing its domestic footprint to penetrate key regional markets and establish itself as the premier destination for superior quality ACP sheets. At present, the company boasts over 100 distributors domestically, along with 16 depots, and more than 5,000 retail locations — all of which will be crucial for its growth in the near future.
With a global presence in over 16 countries including the USA, Bhutan, Brazil, Cameroon, Dubai, Egypt, Guatemala, Kenya, Nepal, Oman, Qatar, Sri Lanka, Turkey, Uganda, Bahrain, Montenegro, the EUROBOND brand is gradually expanding its global footprint. Euro Panel Products Limited is also recognised as a One Star Export house since 2021. In 2021, Euro Panel Products Limited became the First Indian ACP Company to get listed on the NSE Emerge as it launched its IPO. In 2022, Euro Panel Products Ltd was also recognized as the Most Trusted ACP Brand and as the Quality Excellence Leader by the ET Ascent Star of the Industry Awards.