Euro Panel Products Limited, which operates under the EUROBOND brand, reported a 14% year-on-year increase in revenue from operations to ₹119.8 crore for the first quarter ended June 30, 2026. Revenue stood at ₹104.84 crore in the same quarter last year.
The company recorded growth across both its domestic and export businesses during the quarter. Export revenue increased 15.78% year-on-year, while domestic sales rose 12.04%. The performance reflects continued demand for metal composite panels and architectural cladding solutions across infrastructure and commercial construction markets. Profit before tax stood at ₹6.79 crore for the quarter, while profit after tax reached ₹4.78 crore.
EUROBOND manufactures metal composite panels and architectural cladding products at its facility in Umbergaon, Gujarat. The plant has an installed annual production capacity of 10 million square metres. The company supplies products to institutional and retail infrastructure customers through its domestic distribution network and exports to more than 23 international markets.
Divyam Shah, Whole Time Director and CFO, Euro Panel Products Limited, said the first-quarter performance was supported by steady demand and the company’s focus on expanding its market presence. “Our performance in the first quarter reflects disciplined commercial execution and steady demand across our portfolio, with market innovations being particularly well received,” Mr Shah said. He added that the company would continue to focus on operational efficiency and supply chain improvements as demand for certified and high-performance cladding products grows.
The company has continued to invest in manufacturing capabilities and quality systems. Its Umbergaon facility includes an in-house laboratory accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL), covering 51 testing parameters related to mechanical and chemical testing of coils, coatings and core materials.
EUROBOND has also been working on clean-energy and resource-conservation initiatives as part of its manufacturing operations. The company said these measures support its efforts to improve efficiency and maintain product quality while expanding its business.
Established in 2002, Euro Panel Products Limited is engaged in the manufacture of metal composite panels and architectural facade products. The company has built a presence in India’s metal cladding and facade market and has developed an export network covering the Americas, Europe, the Middle East and Africa. EUROBOND is recognised as a One Star Export House by the Government of India and supplies products to more than 23 countries. The company operates a 10-million-square-metre annual manufacturing facility in Umbergaon.
The company has also expanded its presence in the organised capital market, becoming the first Indian manufacturer in its sector to be listed on both the National Stock Exchange and Bombay Stock Exchange. With continued investments in manufacturing, quality control, distribution and exports, Euro Panel Products said it remains focused on expanding its market reach and supporting long-term growth in the domestic and international architectural cladding markets.
