EUROBOND revenue rises 14% in Q1 FY27 as exports and domestic sales grow

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EUROBOND, the flagship brand of Euro Panel Products Limited, reported revenue from operations of INR 119.8 crore (USD 12.53 million) for the quarter ended June 30, 2026, up 14 per cent from INR 104.84 crore (USD 10.97 million) in the corresponding quarter a year earlier.

The company said growth was supported by higher domestic sales and exports of its metal composite panels and architectural cladding products. Export revenue rose 15.78 per cent year on year, while domestic business increased 12.04 per cent.

Profit before tax for the quarter stood at INR 6.79 crore (USD 710,710), while profit after tax reached INR 4.78 crore (USD 500,000)

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Aluminium is central to EUROBOND panels

EUROBOND manufactures aluminium composite panels used for exterior façades, interior cladding and architectural applications. 

An aluminium composite panel is a layered construction material. It typically uses two aluminium skins or coils around a core, creating a panel designed to combine a finished appearance with strength, formability and lower weight than solid metal alternatives.

Euro Panel Products says it uses Alloy 3003 in its aluminium composite panels to improve product strength and service life. Its panels are manufactured with coil thicknesses ranging from 0.04 millimetres to 1 millimetre, while total panel thickness ranges from 1 millimetre to 6 millimetres.

The aluminium in EUROBOND’s products is therefore not limited to surface decoration. Aluminium coil forms the outer skins of the company’s composite panels, helping protect the core and providing the finished surface used in building façades, commercial interiors and retail projects.

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Export and domestic demand support growth

EUROBOND supplies institutional and retail infrastructure segments through its domestic distribution network and exports to more than 23 international markets.

The company operates a manufacturing facility at Umbergaon, Gujarat, with installed annual capacity of 10 million square metres. It said its commercial expansion is supported by investments in product quality and manufacturing infrastructure.

Its in-house laboratory is accredited by the National Accreditation Board for Testing and Calibration Laboratories for 51 testing parameters involving mechanical and chemical assessment of aluminium coil, coatings and core materials.

Whole-Time Director and Chief Financial Officer Divyam Shah said the quarter reflected steady demand and the reception for the company’s market innovations.

“Our performance in the first quarter reflects disciplined commercial execution and steady demand across our portfolio, with market innovations being particularly well received. Delivering 14 per cent year-on-year revenue growth alongside balanced contributions from domestic distribution and export markets validates our focus on expanding market reach.”

Shah said the company would continue to focus on operational efficiency and supply-chain strength as infrastructure and commercial construction customers seek certified, high-performance cladding materials.

“As the infrastructure and commercial construction sectors continue to require certified, high-performance cladding materials, we remain focused on optimizing operational efficiencies and strengthening our supply chain to support sustainable growth.”

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