Euro Panel Products LimitedQ1 FY27 Results & Financial Update
Euro Panel Products Limited: Q1 FY27 consolidated results and company financials – revenue ₹119.81 Cr, PAT ₹4.78 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Find an answer
Ask this result
Chart · Market context
Euro Panel Products price & chart
Market price₹139.00
1Y return—Price return
Loading market chart…
TradingView Lightweight Charts™ · Copyright © 2025 TradingView, Inc.TradingView
Market chartPrice chart temporarily unavailableThe price chart could not be loaded right now. The reported financial results remain available above.
Spotted a factual error?Tell us the number, date or statement and we will re-check the underlying records and calculations.Report an error
Quarterly Results AnalysisExplore Euro Panel Products Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
During the first quarter of fiscal 2027 ended June 30, 2026, Euro Panel Products Limited reported consolidated revenue from operations of INR 119.81 crore, accompanied by total consolidated income of INR 120.16 crore.
Profitability for the quarter stood at a consolidated profit before tax (PBT) of INR 6.79 crore and a consolidated profit after tax (PAT) of INR 4.78 crore, resulting in basic and diluted earnings per share of INR 1.95.
The consolidated reporting structure includes the primary entity alongside active subsidiaries, specifically Euro Panel Products Trading W.L.L. in Qatar and Euro Sealant Private Limited, which was incorporated on April 28, 2026.
Operating expenses for the quarter were dominated by material consumption costs of INR 90.50 crore and inventory adjustments reflecting a finished goods change of INR (8.16) crore, alongside employee benefit expenses of INR 11.14 crore.
Finance costs for the quarter aggregated to INR 3.72 crore, while depreciation and amortization expenses stood at INR 2.59 crore, reflecting ongoing capital asset utilization.
During the quarter, heavy rains caused physical damage to inventory located at the factory site. Management has initiated an assessment of the loss and is in the process of lodging a formal claim with their insurance carrier.
Subsequent to the close of the quarter on July 15, 2026, the company expanded its corporate footprint by incorporating a new subsidiary, Eurobond Dimensions Private Limited, holding a 70% stake with its registered office in Mumbai.
01 · Business model
What does Euro Panel Products do?
Euro Panel Products Limited operates primarily in the manufacturing and distribution of aluminium composite panels (ACPs), serving architectural, interior design, and exterior cladding requirements.
The company's commercial model relies on the production of high-grade composite panels from its dedicated manufacturing facility located in Sanjan, Umbergaon, Valsad district, Gujarat.
Distribution and market reach are serviced through a combination of domestic networks and international subsidiaries, enabling the company to cater to both local construction demand and overseas projects.
02 · Historical context
What shaped the business before this quarter
Previously, the company established Euro Panel Products Trading W.L.L. as a wholly owned subsidiary in Qatar, which was incorporated on August 28, 2025.
Earlier, the group expanded its corporate structure by incorporating Euro Sealant Private Limited as a subsidiary on April 28, 2026.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹119.81 Cr |
| Total income | ₹120.16 Cr |
| Profit before tax | ₹6.79 Cr |
| Profit after tax | ₹4.78 Cr |
| EPS | ₹1.95 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 4.0% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 5.7% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹0.35 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Primary revenue is generated exclusively through the sale of Aluminium Composite Panels, representing the company's single reportable operating segment.
What drove margins
Cost of materials consumed stood at INR 90.50 crore, offset by a positive inventory adjustment of INR (8.16) crore in finished goods and stock-in-trade.
Employee benefit expenses of INR 11.14 crore, other operating expenses of INR 13.54 crore, and finance costs of INR 3.72 crore exerted downward pressure on net margins.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
In accordance with Ind AS 108, the company operates in a single reportable business segment, namely Aluminium Composite Panels, rendering secondary segment disclosures inapplicable.
Geography and market mix
Operations span domestic markets supplied by the Gujarat manufacturing facility as well as overseas business conducted through the Qatar trading subsidiary.
06 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
Production activities are anchored at the manufacturing facility located at City Survey No NA 124/4/1 and City Survey No NA 780/2, Manekpur, Khattalwada Road, Sanjan, Umbergaon, Valsad, Gujarat.
07 · Reported developments
What changed operationally
The formation of Euro Sealant Private Limited in April 2026 and the subsequent post-quarter incorporation of Eurobond Dimensions Private Limited demonstrate ongoing corporate expansion.
08 · Beyond the numbers
What changed beyond the numbers
Reported update
Board Room Changes
The board approved the appointment of Mr. Rajesh Nagardas Gandhi and Mr. Samarth Ishwar Bhimani as Additional Directors in the category of Independent Directors for a 5-year term, subject to shareholder approval.
09 · Key Q&A
The quarter, answered directly
What does Euro Panel Products do?
Euro Panel Products Limited operates primarily in the manufacturing and distribution of aluminium composite panels (ACPs), serving architectural, interior design, and exterior cladding requirements.
What is the clearest takeaway from Q1 FY27?
During the first quarter of fiscal 2027 ended June 30, 2026, Euro Panel Products Limited reported consolidated revenue from operations of INR 119.81 crore, accompanied by total consolidated income of INR 120.16 crore.
What drove revenue or demand?
Primary revenue is generated exclusively through the sale of Aluminium Composite Panels, representing the company's single reportable operating segment.
What mattered most for margins or profitability?
Cost of materials consumed stood at INR 90.50 crore, offset by a positive inventory adjustment of INR (8.16) crore in finished goods and stock-in-trade.
What changed operationally beyond the headline numbers?
Production activities are anchored at the manufacturing facility located at City Survey No NA 124/4/1 and City Survey No NA 780/2, Manekpur, Khattalwada Road, Sanjan, Umbergaon, Valsad, Gujarat.
What should the next disclosure help confirm?
Monitor the final assessment and financial recovery of the insurance claim lodged for inventory damages sustained due to heavy rains at the Sanjan factory.
10 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
11 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Insurance Claim Settlement: Monitor the final assessment and financial recovery of the insurance claim lodged for inventory damages sustained due to heavy rains at the Sanjan factory.
- 02
New Subsidiary Scaling: Track the operational integration and contribution of newly incorporated subsidiaries, including Euro Sealant Private Limited and Eurobond Dimensions Private Limited.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.