Euro Panel Products Limited, the parent company of EUROBOND, has announced its financial results for the year ended March 31, 2025, reporting a 26% year-on-year increase in Profit After Tax (PAT) to ₹18 crore. The company also recorded a 7% rise in operational revenue, reaching ₹424 crore for FY 2024–25.
The growth in profitability was driven by business optimisation measures and the successful integration of a state-of-the-art “3Coat 2Bake” continuous coating line. This backward integration has enhanced manufacturing capabilities and improved cost efficiencies, leading to a rise in the operating profit margin to 10%, up from 8% in the previous fiscal year.
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,” said Rajesh Shah, Managing Director of Euro Panel Products Limited.
In addition to improved financial performance, the company also opened a new 5,000 sq. ft. corporate headquarters at the Solitaire Business Center in Borivali West, Mumbai. The new office strengthens Euro Panel’s R&D focus, enabling faster innovation and alignment with evolving market demands.
With a PAT of ₹18 crore, FY 2024–25 marks the company’s highest-ever net profit. Over the past five years, the company has maintained a compound annual profit growth rate of 36%, reinforcing its long-term growth trajectory.
Looking ahead to FY 2025–26, Euro Panel Products plans to expand its presence in key regional markets, deepen its distribution network, and invest further in research and development. The company currently operates with over 100 distributors, 16 depots, and more than 5,000 retail touchpoints across India.
The company’s flagship brand, EUROBOND, introduced in 2002, was one of India’s earliest entrants into the Aluminium Composite Panel (ACP) segment. Manufactured at a facility in Umbergaon with a daily capacity of 25,000 sq. metres, the brand is known for its durability and timely delivery.
Euro Panel Products has also expanded internationally, exporting to over 16 countries, including the USA, Brazil, UAE, Turkey, and Sri Lanka. It was designated a One Star Export House in 2021. The same year, it became the first Indian ACP manufacturer to list on NSE Emerge.
