Euro Pratik Sales Limited has reported an acquisition of shares by its promoters and persons acting in concert (PAC). The disclosure, submitted to the stock exchanges on May 21, 2026, details an open market purchase of 992,139 equity shares. This transaction increases the aggregate holding of the acquirer group to 72.72% of the company's total paid-up share capital.

Details of the Acquisition

The acquisition was executed on May 21, 2026, via the open market. The acquirers included Jai Gunwantraj Singhvi HUF, Pratik Gunwantraj Singhvi, and Jai Gunwantraj Singhvi. Prior to this purchase, the group held 71.75% of the equity shares, which has now risen to 72.72%. The company's equity share capital remains at Rs. 10,22,00,000, divided into 10,22,00,000 equity shares of Re. 1 each.

Shareholding Pattern

The following table outlines the changes in shareholding for key acquirers following the transaction:

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company confirmed that the acquirers belong to the promoter group. The total voting rights of the acquirer group post-acquisition stand at 55.65% of the total share capital, excluding other PAC members listed in the annexure.

Euro Pratik Sales Limited announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company reported strong operational performance, with consolidated revenue from operations for Q4 FY26 reaching ₹93.5 crore, a 28% year-on-year increase from ₹73.0 crore in Q4 FY25. Profit after tax (PAT) for the quarter stood at ₹21.5 crore, reflecting a 50% YoY growth compared to ₹14.4 crore in the previous year. For the full fiscal year FY26, revenue grew by 18% to ₹335.0 crore, while PAT increased by 2% to ₹77.2 crore.

Financial Performance Highlights

The company's operating EBITDA for Q4 FY26 rose 37% YoY to ₹25.6 crore, with an EBITDA margin of 27.33%. On a full-year basis, operating EBITDA improved by 13% to ₹113.1 crore. Operating EBIT for Q4 FY26 stood at ₹28.2 crore, reflecting a 66% YoY increase from ₹17.0 crore in Q4 FY25. The board approved the financial results during a meeting held on May 12, 2026. The following table summarises the key consolidated financial metrics:

Management Commentary

Pratik Singhvi, Chairman & Managing Director, commented on the results: "In Q4 FY26, our revenue grew by 28% year-on-year to ₹93.5 crore, while EBITDA increased by 37% year-on-year to ₹25.6 crore. Profit after tax rose by 49.5% year-on-year to ₹21.5 crore. Despite a majority of our products being crude-based, the company successfully navigated currency volatility, rising freight costs, and logistical challenges during the quarter." He noted that the product innovation engine remains active, with recent launches including Canfor 2, the Chisel 2026 series, Stonite, Poly ASSA, and Lamart textures, further strengthening Euro Pratik's positioning as a design-forward surface solutions brand. Singhvi added that the integration of URO Veneer World in South India and the acquisition of Chawla Brothers in North India have strengthened the company's market presence, and that the debt-free balance sheet and healthy internal accruals position the company well for future growth.

Corporate Developments

During the fiscal year, Euro Pratik completed significant strategic acquisitions. The company acquired a 51% stake in Uro Veneer World for ₹76.50 crore, followed by the acquisition of a 51% controlling stake in Chawla Brothers for ₹32.20 crore. The board also declared an interim dividend of ₹0.20 per equity share, which was paid on April 20, 2026.

Regulatory Filings

Pursuant to Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, Euro Pratik Sales Limited submitted the extract of its audited financial statements for the quarter and year ended March 31, 2026 to the stock exchanges. The newspaper publication of these results was made in Financial Express and Navshakti, with the filing digitally signed by Company Secretary & Compliance Officer Shruti Kuldeep Shukla on May 14, 2026. The company confirmed that the complete financial results are accessible on its website and the corporate sections of BSE and National Stock Exchange of India Limited.

About Euro Pratik Sales Limited

Euro Pratik Sales Limited is one of India's leading and largest organised brands in the Decorative Wall Panel and Laminates industry, holding a market share of over 16% in the organised wall panel segment. The company has launched over 113+ product catalogues, offering 30+ product categories and 3,000+ designs that are sustainable, antibacterial, antifungal, and water-resistant. Operating through a fixed asset-light business model with 36 contract manufacturers across India and abroad, Euro Pratik has built a strong distribution network spanning 138+ cities, around 198 distributors, and around 2,25,000 sq. ft. of warehouse space across India. The company has also expanded its global presence through subsidiaries in the U.S., UAE, and Europe.

Source: Company/INE198501012/86cedd9aba1e4681.pdf