Euro Pratik Q3FY26 Earnings Call: Management Targets 25% Q4 Growth Despite North India Headwinds

2 min read     Updated on 07 Feb 2026, 02:56 PM
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Overview

Euro Pratik Sales Limited conducted its Q3FY26 earnings call on February 9, 2026, reporting consolidated revenue growth of 7% to ₹80.40 crore and PAT growth of 17% to ₹23.60 crore. Despite North India construction restrictions impacting sales, management expressed confidence in achieving 25% Q4 growth driven by recovery of postponed sales and URO Veneer World acquisition contribution.

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*this image is generated using AI for illustrative purposes only.

Euro Pratik Sales Limited conducted its Q3FY26 earnings conference call on February 9, 2026, where management discussed quarterly performance, strategic initiatives, and provided forward-looking guidance. The call was moderated by MUFG Intime India Private Limited and featured key executives including Chairman & Managing Director Pratik Singhvi, Executive Director & CFO Jai Singhvi, and Finance Controller Alpesh Sangoi.

Q3FY26 Financial Performance

The company reported consolidated revenue from operations of ₹80.40 crore for Q3FY26 compared to ₹75.10 crore in Q3FY25, reflecting 7.00% year-on-year growth. Operating EBITDA reached ₹34.60 crore with a margin of 43.10%, up from ₹27.40 crore in the corresponding quarter, marking 26% growth driven by operating leverage.

Consolidated Metrics Q3FY26 Q3FY25 YoY Growth
Revenue from Operations ₹80.40 crore ₹75.10 crore +7.00%
Operating EBITDA ₹34.60 crore ₹27.40 crore +26.00%
EBITDA Margin 43.10% 36.50% +660 bps
Profit After Tax ₹23.60 crore ₹20.20 crore +17.00%
PAT Margin 29.40% - -

Regional Performance and North India Impact

Management highlighted that construction restrictions due to pollution controls in North India significantly impacted Q3FY26 performance. North India sales contributed 22.40% in Q3FY26, while South India sales grew to 42.20%. The company estimates that 8-10% of expected North India sales were postponed due to GRAP 4 restrictions, which have since been lifted.

Nine-Month Performance and Strategic Outlook

For the nine months ended December 31, 2025, consolidated revenue reached ₹241.50 crore versus ₹211.30 crore in the corresponding period, reflecting 14.30% growth. EBITDA for nine months stood at ₹87.50 crore with a margin of 36.20%, while PAT was ₹55.60 crore with a margin of 23.00%.

Nine-Month Metrics 9M FY26 9M FY25 YoY Growth
Revenue from Operations ₹241.50 crore ₹211.30 crore +14.30%
EBITDA ₹87.50 crore - -
EBITDA Margin 36.20% - -
Profit After Tax ₹55.60 crore - -
PAT Margin 23.00% - -

Management Guidance and Strategic Initiatives

Chairman Pratik Singhvi expressed confidence in achieving 25% minimum growth in Q4FY26 on a year-on-year basis, supported by the recovery of postponed North India sales and contribution from the URO Veneer World acquisition. The company maintains its target EBITDA margin of around 40% plus or minus 2-3%.

Management emphasized the company's asset-light model with 36+ contract manufacturers across multiple geographies and a distribution network spanning 188 distributors in India and 2 in Nepal across 138 cities. The company continues to focus on its fast fashion approach with over 1,000 new designs launched annually and 113 catalogs released over the past four years.

Acquisition Strategy and Future Plans

The company highlighted its recent acquisition of 51% stake in URO Veneer World for ₹76.50 crore, which provides forward integration opportunities and access to South India's B2C retail segment. Management indicated ongoing discussions for additional acquisitions in the premium interior segment, with plans to launch a new joint venture, Hues Ply Decor, in Hyderabad with an initial investment of ₹2 crore.

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Euro Pratik Sales Limited Appoints Mrs. Priya Abhishek Jain as Independent Director Through Postal Ballot

2 min read     Updated on 30 Jan 2026, 05:53 PM
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Reviewed by
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Overview

Euro Pratik Sales Limited successfully completed its postal ballot process on January 30, 2026, appointing Mrs. Priya Abhishek Jain as Independent Director for five years. The special resolution received 99.9979% approval from shareholders, with 24774355 votes polled out of 102200000 total shares. The process was conducted under regulatory compliance with CS Manish Baldeva as scrutinizer.

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*this image is generated using AI for illustrative purposes only.

Euro Pratik Sales Limited has announced the successful completion of its postal ballot process on January 30, 2026, resulting in the appointment of Mrs. Priya Abhishek Jain as an Independent Director of the company. The special resolution was passed with overwhelming shareholder support, demonstrating strong confidence in the board's decision.

Postal Ballot Results Overview

The postal ballot process concluded on January 29, 2026, with results declared on January 30, 2026. The company had issued the postal ballot notice on November 17, 2025, providing shareholders adequate time for consideration.

Key Details: Information
Notice Date: November 17, 2025
Last E-voting Date: January 29, 2026
Result Declaration: January 30, 2026
Total Shareholders (Cut-off Date): 29903
Cut-off Date: December 26, 2025

Voting Results and Shareholder Participation

The special resolution for appointing Mrs. Priya Abhishek Jain as Independent Director received exceptional support from shareholders across all categories. The voting results demonstrate strong alignment between management and shareholders on this strategic appointment.

Voting Summary: Details
Total Shares: 102200000
Total Votes Polled: 24774355
Polling Percentage: 24.2411%
Votes in Favor: 24773837
Votes Against: 518
Approval Rate: 99.9979%

Category-wise Voting Breakdown

The voting pattern across different shareholder categories reveals broad-based support for the resolution:

Promoter and Promoter Group:

  • Total shares held: 71635062
  • Votes polled: 20229925 (28.2403% of their holding)
  • Support: 100.0000% in favor

Public Institutions:

  • Total shares held: 6740799
  • Votes polled: 4532907 (67.2458% of their holding)
  • Support: 100.0000% in favor

Public Non-Institutions:

  • Total shares held: 23824139
  • Votes polled: 11523 (0.0484% of their holding)
  • Support: 95.5046% in favor, 4.4954% against

Regulatory Compliance and Process

The postal ballot was conducted in strict compliance with regulatory requirements under Sections 108 and 110 of the Companies Act, 2013, and SEBI Listing Regulations. CS Manish Baldeva of M Baldeva Associates served as the scrutinizer, ensuring the process was conducted fairly and transparently.

The company dispatched the postal ballot notice electronically on December 30, 2025, to all eligible shareholders whose email addresses were registered. Remote e-voting commenced on December 31, 2025, at 9:00 AM and concluded on January 29, 2026, at 5:00 PM.

Board Appointment Details

Mrs. Priya Abhishek Jain has been appointed as an Independent Director for a term of five consecutive years, effective from November 17, 2025. The appointment strengthens the company's board composition and governance structure, bringing additional expertise and independence to board deliberations.

The resolution was deemed passed on January 29, 2026, being the last date of remote e-voting. The complete postal ballot results and scrutinizer's report have been made available on the company's website at www.europatik.com and NSDL's website at www.evoting.nsdl.com for shareholder reference.

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