EUROPRATIK

Euro Pratik Sales share price & financials

Price
₹308.75
Market cap
₹2.5k Cr
Sector
Consumer Durables
Calls analysed
2
Latest concall · Q3 FY26 · call held 09 Feb 2026

EUROPRATIK Q3 FY26

Revenue ₹80.4 cr +7%Operating EBITDA ₹34.6 cr +26%EBITDA Margin 43.1% PAT ₹23.6 cr +17%

What went well

  • Q3 FY26 Revenue of INR 80.4 crores, up 7% YoY, despite regional headwinds.
  • Q3 FY26 Operating EBITDA of INR 34.6 crores, up 26% YoY, with EBITDA margin expanding to 43.1%.
  • Q3 FY26 PAT of INR 23.6 crores, up 17% YoY, achieving a PAT margin of 29.4%.

What to watch

  • Q3 FY26 revenue growth of 7% was lower than the industry average (18-20%) due to pollution restrictions in North India.
  • The company suffered a loss in Q1 FY26 due to a fire incident, impacting the overall 9-month performance.
Read the full call →

What Euro Pratik Sales Limited does

Euro Pratik Sales Limited designs, sources and markets decorative wall panels, laminates and allied interior-surface products as an eco-friendly, pre-finished alternative to wallpaper, wood and paint. It runs a fixed asset-light model, outsourcing manufacturing to 36+ contract manufacturers in India and abroad (including South Korea, China, the US, Romania, Turkey, Indonesia and Portugal) while keeping design, branding and distribution in-house. Products are sold under the flagship Euro Pratik brand and the premium Gloirio brand through a nationwide distributor network reaching architects, interior designers, carpenters and retail outlets. The company has expanded via acquisitions (Vougue Decor, Millenium Decor, Uro Veneer World, Chawla Brothers) and overseas subsidiaries in the USA, UAE and Croatia.

Segments

  • Decorative Wall Panels
  • Decorative Laminates
  • Others
Distributor network
198 distributors across 138 cities in 25 states & 6 union territories in India, plus Nepal (as of Mar 2026)
Market position
Market leader in India's organized decorative wall panels industry with 15.87% share (Technopak, FY23)
Product catalogue
3,657+ SKUs across 3,000+ designs and 30+ product categories (as of Mar 2026)
New design launches
1,000+ new designs launched every year
Manufacturing partners
36+ contract manufacturers across India and abroad (South Korea, China, US, Romania, Turkey, Indonesia, Portugal); no owned factories
Warehouse footprint
~2,08,496.5 sq ft of operational warehouse space across Bhiwandi, Chennai, Delhi and Bangalore

Guidance record · Q3 FY26

what the last two calls moved 7 tracked 0 delivered 1 missed 6 open
  • Revenue Growth vs Industry missed said Q2 FY26 Promised: Grow more than the industry growth. Q3 FY26: Q3 growth was 7% vs industry average of 18-20%, primarily due to North India pollution bans.
  • Channel Partner Growth revised up said Q2 FY26 Promised: Grow distribution network around 10% to 12% every year. Q3 FY26: Management stated: 'internal target is to grow at least 12% to 15% more channel partners every year.'
  • Uro Veneer World Revenue on track said Q2 FY26 Promised: ₹115 crores by FY27 Q3 FY26: Acquisition integrated; leveraging Euro Pratik's sourcing to expand product basket.

All 7 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 2.3%, net profit up 175.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue70 54 50 44 65 −7%52 −4%49 −2%45 +2%
EBITDA28 18 13 12 22 −21%20 +11%12 −8%11 −8%
Net profit20 15 11 4 17 −15%15 +0%14 +27%11 +175%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −1.1% 1Y

₹200₹250₹300₹350Sept 25Nov 25Dec 25Feb 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 17 Nov 2025Q3 FY26 — 9 Feb 2026

1Y: ₹248.38 on 23 Sept 2025 → ₹245.7. High ₹381.8 (17 Nov 2025), low ₹210.15 (30 Mar 2026).

How the price took the results

close before → close after

Q3 FY26
−14.3%
9 Feb
Q2 FY26
+8.0%
17 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue fell 4.1% a year over 1 year, FY25 to FY26. Operating margin narrowed to 31.4%.

Year endingFY25FY26
Revenue₹219 Cr₹210 Cr
Operating profit₹73 Cr₹66 Cr
Operating margin33.3%31.4%
Interest₹1 Cr₹0 Cr
Depreciation₹3 Cr₹4 Cr
Net profit₹60 Cr₹50 Cr
Net margin27.4%23.8%
Cash from operations₹22 Cr₹25 Cr
Free cash flow₹21 Cr₹-27 Cr
ROCE41.0%30.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹10 Cr₹10 Cr
Reserves₹75 Cr₹119 Cr₹133 Cr₹155 Cr₹257 Cr₹258 Cr
Borrowings₹2 Cr₹15 Cr₹18 Cr₹13 Cr₹22 Cr₹8 Cr
Other liabilities₹13 Cr₹5 Cr₹9 Cr₹5 Cr₹33 Cr₹36 Cr
Total liabilities₹90 Cr₹139 Cr₹160 Cr₹176 Cr₹322 Cr₹312 Cr
Fixed assets₹3 Cr₹18 Cr₹30 Cr₹26 Cr₹29 Cr₹77 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹1 Cr₹5 Cr₹6 Cr₹37 Cr₹33 Cr₹30 Cr
Other assets₹85 Cr₹116 Cr₹125 Cr₹113 Cr₹260 Cr₹206 Cr
Total assets₹90 Cr₹139 Cr₹160 Cr₹176 Cr₹322 Cr₹312 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Sep 2025, promoters added +3.82 pp while the public trimmed −1.83 pp. The shareholder count shrank 64% to 26,366.

Promoters
73.9%
FIIs
0.6%
DIIs
4.5%
Public
21.1%

Since Sep 2025

  • Promoters +3.82 pp
  • Public −1.83 pp
  • FIIs −1.11 pp

How it drifted, 4 quarters

Over this window promoters went from 70.1% to 73.9% — +3.8 pp.

Sep '25Dec '25Jun '26

Ownership split by quarter, oldest first. Sep '25: Promoters 70.1%, FIIs 1.7%, DIIs 5.4%, Public 22.9%.Dec '25: Promoters 70.1%, FIIs 1.6%, DIIs 5.0%, Public 23.3%.Mar '26: Promoters 70.5%, FIIs 0.5%, DIIs 4.6%, Public 24.4%.Jun '26: Promoters 73.9%, FIIs 0.6%, DIIs 4.5%, Public 21.1%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 2 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Euro Pratik Sales Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Jai Gunwantraj Singhvi(HUF) 22.92%+0.24 pp
Pratik Gunwantraj Singhvi(HUF) 22.68%unchanged
Dipty Pratik Singhvi 5.87%unchanged
Nisha Jai Singhvi 5.87%unchanged
Jai Gunvantraj Singhvi 5.67%+1.67 pp
Pratik Gunvantraj Singhvi - 2 5.57%newly disclosed
Prakash Suresh Rita 3.55%unchanged
Manoj Pravinchandra Gala 3.28%unchanged
Nidhi Sacheti 2.79%unchanged
Seemant Sacheti 1.88%unchanged
Kulmeet Sarup Saggu 1.87%−0.06 pp
Mirage Intex Llp 1.50%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹246, this stock must grow earnings at 29% every year for 7 years. Our analysis caps realistic growth at ~-17%. At that growth it is worth ₹21 — downside of 91%.

Growth the price implies
29.4% a year
for 7 years, fading to 4%
It has actually compounded at
-16.7% a year
net profit, FY25–FY26
The gap
0.5 pp
-91% downside if it only repeats history
Price today ₹245.7 Value at the reference growth ₹21.11

Change the assumptions yourself →

All earnings calls (2)

Read the Q3 FY26 call →

Learn to analyse Euro Pratik Sales Limited

Guides on how to read this kind of business and the numbers that matter.