Outcome of Board Meeting dated May 22, 2026
EUROBOND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Euro Panel Products Limited reported strong FY2026 results with standalone revenue from operations growing 19.1% to Rs 50,393.24 lakhs from Rs 42,318.55 lakhs in FY2025. Profit after tax jumped 47.5% to Rs 2,719.72 lakhs versus Rs 1,843.07 lakhs previously. EPS improved to Rs 11.10 per share from Rs 7.52. The auditors issued an unmodified (clean) opinion on both standalone and consolidated financial statements. Key board decisions include re-appointment of the Managing Director and Whole-time Director (subject to shareholder approval), incorporation of a new 51% subsidiary named Euro Sealant Private Limited in Tamil Nadu, and resignation of Ms. Daisy Dsouza as Independent Director. The company also recognized an incremental expense of Rs 51.97 lakhs due to changes in labour codes.
The company delivered robust profit growth of 47.5% with clean audit opinions, which is positive for shareholders. However, the significant increase in short-term borrowings and negative operating cash flow of Rs 324.28 lakhs (versus positive Rs 941.32 lakhs in FY2025) despite higher profits raises concerns about working capital management and may weigh on investor sentiment.