Euro Panel Products, the maker of EUROBOND aluminium composite panels (ACP), has become the first Indian ACP company to be listed on both the NSE and BSE main markets. Earlier, it was listed on the NSE Emerge SME platform, and now it has moved to the main exchanges — a big step in its growth journey.
The company was also the first ACP maker in India to go public in December 2021, with an IPO price of ₹70. Since then, its share price has given investors a return of more than 178%.
According to Managing Director Rajesh Shah, this move is not just about selling shares but about sharing a vision of innovation, trust, and building a sustainable future.
Eurobond works in the fast-growing façade materials industry, which is expanding at 7.3% every year. The organised part of this market is growing even faster — 20% higher than the overall rate — and Euro Panel Products is the only listed company in this segment.
To grow further, the company is adding a second coating line and upgrading to advanced production technology, which will raise daily capacity from 25,000 to 27,000 sq. metres. It is also setting up a 2.2 MW solar power plant, which will cover half of its factory’s energy needs.
In FY24-25, the company’s profit after tax rose 26% to ₹18 crore, and sales grew 7% to ₹423 crore. It also recorded its highest-ever net profit, showing a 36% annual profit growth over the past five years.
Eurobond plans to expand globally and keep innovating, supported by international partnerships like its exclusive tie-up with RHEINZINK. It already exports to 20 countries and aims to grow even more in the future.