Euro Panel Products Limited (EUROBOND) has officially launched operations at its new 2.2 MW grid-connected solar facility in Moti Falod, Surat. This launch completes the third phase of a multi-year energy expansion, bringing the company’s total operational capacity to 3.6 MW. Most significantly, this new infrastructure allows EUROBOND to offset 50% of its total factory power requirements through captive solar energy.

Significant Milestone in Renewable Energy

The 3.6 MW cumulative solar network completes the third phase of the company’s renewable roadmap, allowing the facility to offset 50 percent of its power requirements. This transition began with an initial 520 kW installation in 2020, expanded to 1.4 MW in 2024, and now reaches this major 50% offset milestone with the latest facility fully online. The plant is designed to generate 30 lakh units of clean electricity annually.

Environmental Stewardship and Resource Conservation

Parallel investments in Zero Liquid Discharge operations and comprehensive metal and LDPE recycling establish a complete reduce, reuse, and renewable framework. EUROBOND operates in-house sewage and effluent treatment facilities that have reclaimed over 1,322,500 litres of treated water over the last six months alone. This treated water is utilized for site gardening, greenbelt maintenance, and general facility requirements, ensuring zero industrial wastewater leaves the premises.

Mr Divyam Shah, Whole Time Director and CFO of Euro Panel Products Limited, highlighted the strategic importance of the installation: “Sustainability has always been embedded in EUROBOND’s culture and the way we approach manufacturing. Every investment we make in renewable energy and resource conservation reflects our long-term commitment to building a more responsible and resilient business. Expanding our captive solar infrastructure to 3.6 MW is an important milestone in that journey, strengthening our ability to manufacture more efficiently while reducing our carbon footprint and conserving natural resources.”

As green building frameworks under the Indian Green Building Council place greater emphasis on supply chain transparency, EUROBOND’s operational clean energy setup and water reclamation systems offer architects and project planners clear environmental benchmarks, making it simpler for commercial and residential developments to achieve their green building certifications.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Euro Panel Products Limited

Euro Panel Products Limited belongs to the Industrials › Building Products & Equipment sector. Here’s a quick read on where the business and the stock stand today.

Euro trades in the lower quarter of its 52-week range. The PEG of 0.38 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Thin margins at 5.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock sits at 25% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 15.2% and profits at 38.1% CAGR — a genuinely strong business. Nevertheless, the stock drops 7.6% in three months. The market sells the stock, not the story. Watch whether that changes at the next earnings. Check Fundamentals of Euro Panel Products Limited.