AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 28 Sep - AGM on September 28, 2026 approved reappointments of MD, WTD, independent directors and cost auditor.
Source: Bse
Euro Panel Products Limited (EUROBOND)
Small CapIndustrials stocks · Small cap · NSE
Euro Panel Products Limited operates in Aluminium Panels, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹137.11
+0.97 · +0.71%
Market cap ₹350 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 01:58 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
31Bearishfull bear SMA stack · SMA20 -4.7% / mo · MACD − · near 52W low
Stock trend: 18
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
EUROBONDD candles · FIT view-19.3%Latest close ₹137.11 on 2026-10-19
Bar
-5.4%
RSI
38
MACD hist
-0.25
52W pos
11%
2026-10-19O ₹145.00H ₹145.00L ₹133.00C ₹137.11Vol 4,709 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
EUROBONDNifty India ManufacturingNifty 500
- EUROBOND
- -16.2%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -10.6 pp
Chart stats
19 Oct 2026- From 52W high
- -39.3%
- 52W range position
- 11%
- ATR (14)
- 5.7%
- Volume vs 20D
- 1.57x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹131.5 - ₹157.9
₹225.9
₹126.3 - ₹225.9
₹7.8
Latest completed session
20-session average
36.3% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE53
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +14.3% · PAT -16.4% YoY
Technical
Bearish31
Price trend and sector-relative-strength timing.
Valuation
Legacy model+66.6%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence63
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -16% YoY · margin compression · Rev +14% YoY
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹119.8 Cr | +14.3% | -15.1% |
| EBITDA | ₹12.8 Cr | +7.4% | -15.4% |
| Operating margin | 10.7% | -68 bps | -5 bps |
| PAT | ₹4.8 Cr | -16.4% | -43.9% |
| PAT margin | 4.0% | -147 bps | -205 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 13.70
- P/B
- 2.21
- EV/EBITDA
- 7.86
- Market Cap
- 350.00Cr
Profitability
- ROE
- 17.60%
- ROCE
- 16.50%
- ROA
- 6.70%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 10.66%
- EPS 5Y
- 20.19%
- Revenue 3Y
- 2.00%
- EPS 3Y
- 2.00%
Balance Sheet
- Debt/Equity
- 1.01
- Interest Coverage
- 4.31×
- Altman Z
- 3.37
- Book Value
- 65.30
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- -3.00 Cr
- EPS TTM
- 10.46
Shareholding
- Promoter Hold
- 63.93%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 18%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 120-15.1% vs prev
Net Profit
₹ CrLatest: 4.8-43.9% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 38.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~5.0% over last month) — short-term momentum negative.
- RSI(14) at 38 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 39% off 52W high · 9% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
20
RS percentile
Stage 4 Downtrend
1M return
-7.4%
3M return
-16.2%
6M return
-20.1%
1Y return
-34.1%
RS 1D
+3
RS 20D
-3
Sector rank
#2
Industry rank
#72
Stage evidence
- Price is 15.7% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.3%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 68.8+1.76%
RS vs Nifty 50069
Valuation & peers
U-Score 53 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 53 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
FAIR_VALUE
Fundamental score breakdown
U band · FAIR VALUEValuation20/30
Growth12/25
Quality12/20
Balance Sheet8/15
Cash Flow0/10
Piotroski
5/9 (+3)
Penalties
-2
Raw sum
53
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
53/100 · legacy band FAIR VALUE
Positive drivers
- Fair-value margin of safety is positive at 66.6%.
- Valuation contributes 20/30 to the score.
- Quality contributes 12/20 to the score.
Main drags
- Penalty bucket subtracts 2 points.
- Cash flow is weaker at 0/10; verify the latest quarterly trend.
- Growth is weaker at 12/25; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
13.7
PB
2.2
EV/EBITDA
7.9
ROE
17.6%
ROCE
16.5%
FCF Yield
—
Debt/Equity
1.0
MoS
+66.6%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
53
Previous: 53
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+66.6%
Previous: +66.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
53
53
53
53
53
53
53
50
53
53
53
53
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹123.97
-10.6% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹411.08
+66.6% MoS
PEG
1.06
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
EXXARO
Small
Exxaro Tiles Limited
Building Materials
match 57
22
66.0
1.0%
-4072%
OVERVALUED
RUSHIL
Small
Rushil Decor Limited
Building Materials
match 57
28
19.9
1.0%
-374%
OVERVALUED
MURUDCERA
Small
Murudeshwar Ceramics Limited
Building Materials
match 57
52
17.5
3.0%
+57%
FAIR VALUE
SHANKARA
Small
Shankara Building Products Limited
Building Materials
match 57
11
54.9
0.7%
-2271%
OVERVALUED
GSLSU
Small
Global Surfaces Limited
Building Materials
match 56
16
—
-10.8%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Euro Panel Products Limited operates in Aluminium Panels, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
63Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 35th percentile within Industrials. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
5 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
38th percentile
overall median 67 · Industrials: 35th pctile, median 68 · Small: 43rd pctile, median 66
Evidence depth
Financial-only
5 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 63.9%.
- ▸Promoter pledge is zero.
- ▸4/4 latest quarters had positive YoY revenue growth.
- ▸3/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸Operating cash flow is negative at ₹-3 Cr.
- ▸Only 0 years of positive FCF.
- ▸Debt/equity is 1.01.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Euro Panel Products Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Corporate Announcement/Information Under The SEBI (LODR) Regulations, 2015 For Book Closure For The 13Th Annual General Meeting Of Euro Panel Products Limited 3 Sep - Cut-off date fixed for 13th AGM on September 21, 2026; books closed September 22-28, 2026.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Corporate Announcement/Information Under Regulation 42 Of The SEBI (LODR) Regulations, 2015 For Cut-Off Date For The 13Th Annual General Meeting Of Euro Panel Products Limited 3 Sep - Cut-off date set for September 21, 2026 AGM e-voting; books closed September 22-28, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep - Newspaper Clipping - Information Regarding of 13th AGM of the Company
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 14 Aug - Board approved Q1 FY27 results and appointed two independent directors; trading window opens August 16, 2026.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Acquisition 17 Jul - Euro Panel Products incorporated 70% subsidiary Eurobond Dimensions Pvt Ltd in Maharashtra on July 15, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 28 Jul - EUROBOND commissions 2.2 MW Surat solar plant, lifting captive solar capacity to 3.6 MW and offsetting 50% power needs.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 Jul - EUROBOND secures NABL accreditation for 51 mechanical and chemical testing parameters.
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Resignation of Director 29 May - Vaibhav Chetan Shah resigned as independent director effective May 26, 2026, citing other professional commitments.
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Change in Management 22 May - Board approved FY26 audited results, director reappointments, subsidiary incorporation, and an independent director resignation on May 22, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Resignation of Director 26 May - FY26 audited results approved; MD, WTD, auditors reappointed; subsidiary incorporated; independent director resigned.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Resignation of Director 22 May - Board approved FY26 audited results, reappointed MD/WTD, incorporated Tamil Nadu subsidiary, and noted independent director resignation.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.