Euro Panel Lists on NSE & BSE Mainboards
05 Aug 2025 CW Team
Euro Panel Products, the parent company of the renowned EUROBOND brand, has successfully migrated from the NSE Emerge platform to the mainboards of both NSE and BSE, marking a historic milestone as the first Indian ACP (Aluminium Composite Panel) manufacturer to achieve this feat.
Originally listed on NSE Emerge in December 2021 at an IPO price of Rs 70, the company has since delivered returns of over 178 per cent to its investors. This strategic move underscores Euro Panel’s robust financial performance, strong investor confidence, and its vision to scale new heights in the architectural façade materials sector.
“This is not just a listing milestone, but a step forward in our vision to build a globally respected Indian brand rooted in innovation and trust,” said Rajesh Shah, Managing Director, Euro Panel Products. “We remain committed to creating long-term shareholder value through transparent governance and future-ready solutions.”
Strong Growth & Expansion Initiatives
- FY 2024–25 Highlights:
- PAT up 26% YoY to ₹18 Cr
- Revenue of ₹423 Cr, up 7% YoY
- 36% CAGR in net profit over 5 years
Capacity Expansion:
- Installing a new next-gen production line, boosting daily capacity from 25,000 to 27,000 sq.m.
- Implementing a second coating line for greater operational efficiency
Sustainability Push:
- Developing a 2.2 MW ground-mounted solar project to offset 50% of factory energy needs
Market Leadership & Global Reach
With India’s façade materials industry growing at a CAGR of 7.3% — and the organized segment growing 20% faster — Eurobond stands uniquely positioned as the only publicly listed ACP player in this fast-evolving space. The company’s global footprint spans 20+ countries, and strategic collaborations such as its exclusive tie-up with RHEINZINK continue to fuel growth.