Business Overview

EP Biocomposites Limited is a sustainability-focused engineering and manufacturing company offering:

  • FRP products (doors, fire-rated doors, laminated doors, door frames)
  • Fire safety solutions
  • Bio-digester systems (DRDO technology transfer secured in 2017)
  • Water treatment solutions (STP, ETP, water recycling)
  • Engineered FRP products (garden benches, fencing, security cabins, louvers)

Serves infrastructure, industrial, commercial, and government sectors across India.

Financial Performance

Profit & Loss Statement (Amount in ₹ Lakhs)

| Particulars | 2025-26 | 2024-25 | 2023-24 |

| Revenue from Operations | 1,363.98 | 1,200.62 | 1,143.92 |

| Other Income | 14.12 | 10.88 | 29.88 |

| Total Income | 1,378.10 | 1,211.50 | 1,173.80 |

| Operating Expenses | 1,140.27 | 1,023.09 | 1,003.19 |

| EBITDA | 237.83 | 188.41 | 170.61 |

| EBITDA % | 17.43% | 15.69% | 14.53% |

| Finance Cost | 33.99 | 35.46 | 3.48 |

| Depreciation | 10.11 | 11.25 | 10.08 |

| Profit Before Tax | 193.73 | 141.70 | 157.05 |

| Tax Expense | 47.90 | 38.62 | 42.08 |

| PAT | 145.83 | 103.08 | 114.97 |

| PAT % | 10.69% | 8.49% | 9.79% |

| Basic EPS (₹) | 8.67 | 6.13 | 6.84 |

Balance Sheet (Amount in ₹ Lakhs)

| Particulars | As at 31-03-2026 | As at 31-03-2025 | As at 31-03-2024 |

| Current Assets | 1,573.53 | 1,411.45 | 1,249.16 |

| - Inventories | 134.25 | 141.13 | 103.49 |

| - Trade Receivables | 1,184.20 | 1,085.68 | 899.75 |

| - Cash and cash equivalents | 215.35 | 161.67 | 127.01 |

| - Short-term Loans and Advances | 27.76 | 11.99 | 96.26 |

| - Other Current Assets | 11.97 | 10.98 | 22.65 |

| Current Liabilities | 471.19 | 357.61 | 440.50 |

| - Short-term Borrowings | 52.60 | 52.60 | 69.84 |

| - Trade Payables | 268.63 | 207.21 | 293.70 |

| - Other Current Liabilities | 91.74 | 55.87 | 32.74 |

| - Short-term Provisions | 58.22 | 41.93 | 44.22 |

| Total Equity and Liabilities | 1,873.14 | 1,662.66 | 1,507.28 |

| Total Assets | 1,873.14 | 1,662.66 | 1,507.28 |

Operational Highlights

Project Execution Capability

  • STP capacity: 3 KLD to 1 MLD project execution capability
  • Integrated EPC + O&M delivery model

Recent Projects Status

| Project Type | Number of Projects | STP Capacity (KLD) |

| Completed | 25 | 2,307 |

| Under Commission | 5 | 290 |

| Under Execution | 3 | 50 |

| O&M Ongoing | 7 | 1,320 |

Recent Order Wins

  • ₹1.25 crore: 225 KLD Modular STP for ONGC Convention Centre, Goa
  • ₹2.40 crore: 100 KLD Modular STP with 10 years O&M for Sewerage & Infrastructural Development Corporation of Goa Ltd

Marquee Projects Executed

  • ONGC 225 KLD Modular STP
  • IEW & 100 KLD STP Hubballi Smart City
  • 1 MLD STP Taj Cidade De Goa
  • 150 KLD STP & 250 KLD STP Plant
  • IFB Industries 90 KLD STP
  • BOSHAN Developers Pvt Ltd 75 KLD STP
  • Abbott India – 240 KLD ETP
  • Goa Shipyard – 60 KLD STP
  • CommScope Pvt Ltd – 200 KLD STP

Corporate History

  • 1991: EP Kamat Group foundation established
  • 2002: Entered composite building products segment with FRP Doors
  • 2010: Diversified into Fire-Rated Doors
  • 2017: Secured DRDO Technology Transfer for Bio-Digester systems
  • 2020: EP Biocomposites Limited incorporated (January 17, 2020)
  • 2022: Successfully completed IPO and became publicly listed company

Manufacturing & Facilities

  • Modern manufacturing facility located in Goa (Bicholim Industrial Estate)
  • Factory expansion at Bicholim in 2026
  • Solar installation inaugurated at Bicholim factory

Awards & Recognition

  • Best Employer Brand Awards 2024
  • Gomantak Brands of Goa 2022
  • Sustainability Company of the Year 2025
  • Golden Book of World Records 2026 (for largest number of individuals taking environmental pledge at a time)

Leadership

Rajkumar G. Kamat - Founder, Promoter & Chairman, with over three decades of entrepreneurial leadership. Received Businessman of the year award in 2021 for Excellence in Green Business and recognized as The Leaders of Change by Times of India in 2022.

Disclaimer

Document prepared solely for information purposes based on information and data the company considers reliable. Contains forward-looking statements subject to known and unknown risks and uncertainties.