EUROBONDNSEEuro Panel Products LimitedHighNeutral
Announced Fri, 22 May · 19:36 IST

Euro Panel Products Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctEbitda Margin ExpansionNegative Operating CashflowRelated Party TransactionsResults View source PDF

EUROBOND · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹181.00
prior close
₹190.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1+0.0-1.3-2.6+1.7+2.2+2.5+2.2+1.1+2.6+1.7-5.5-11.0
Up moveDown movePending
AI summary

Euro Panel Products Limited reported standalone revenue of ₹50,393.24 Lakhs for FY2026, up 19% from ₹42,318.55 Lakhs in FY2025. Profit after tax (PAT) grew 47.57% to ₹2,719.72 Lakhs from ₹1,843.07 Lakhs. EBITDA margin expanded from approximately 10.1% to 11.3%. However, operating cash flow turned negative at ₹-324.28 Lakhs (vs +₹941.32 Lakhs in FY2025), primarily due to a surge in inventory and trade receivables. The company also incorporated a new subsidiary (Euro Sealant Private Limited with 51% stake) and its Qatar subsidiary reported a net loss of ₹38.16 Lakhs for the year. The auditor issued an unmodified opinion on both standalone and consolidated results. Managing Director Rajesh Shah and Whole-time Director Divyam Shah were reappointed for 5-year terms subject to shareholder approval.

Likely market impact

Strong profit growth of 47.5% and EBITDA margin expansion are positives, but negative operating cash flow of ₹324.28 Lakhs despite higher profitability raises concerns about working capital management and could be a red flag for investors.