Euro Pratik Sales544519Quarterly results
Board approves 51% stake in Drashti Surfaces for ~Rs. 31.12 crore; Q2 and H1 results approved
Board met on 05 November 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 11,572.91 | 9,656.45 | +19.8% | 10,333.27 | +12% |
| Total income | 11,900.21 | 9,734.11 | +22.3% | 10,582.93 | +12.4% |
| Profit before tax | 3,473.35 | 2,954.23 | +17.6% | 2,625.63 | +32.3% |
| Profit after tax | 2,619.49 | 2,269.16 | +15.4% | 2,004.86 | +30.7% |
| Total comprehensive income | 2,623.76 | 2,285.38 | +14.8% | 2,042.32 | +28.5% |
| Basic EPS | 2.38 | 2.25 | +5.8% | 1.84 | +29.3% |
- Total income
- Latest 11,900.21; Year ago 9,734.11 (+22.3%); Prev qtr 10,582.93 (+12.4%)
- Profit after tax
- Latest 2,619.49; Year ago 2,269.16 (+15.4%); Prev qtr 2,004.86 (+30.7%)
- Period
- Quarter Ended 30.09.2026 (Unaudited)
Also decided at the meeting
- Approved acquisition of 51% equity stake in Drashti Surfaces Private Limited for an aggregate investment of Rs. 31,12,02,000/-, to be paid entirely in cash.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional item: net loss by fire at Bhiwandi godown (April 26, 2025) of Rs. 788.79 lakh charged in previous year; surveyor has submitted report to insurer.
- On April 1, 2026, the Holding Company acquired a 51% controlling stake in Chawla Brothers, Jalandhar, for overall consideration of Rs. 3,220 lakhs (Ind AS 103).
- On July 10, 2026, subsidiary Euro Pratik Trade-FZCO acquired a 51% controlling stake in Elements Trading LLC, Dubai, UAE (Ind AS 103).
- During the quarter, subsidiary HUES Plydecor LLP, Hyderabad, commenced operations.
Two decisions came out of the board meeting held on Thursday, 05 November 2026: approval of the September-quarter results, and approval of a majority-stake acquisition.
The results, standalone
- 'Revenue from operations' was Rs. 5,429.62 lakh for the quarter ended 30.09.2026 and Rs. 9,899.10 lakh for the half year.
- 'Total income' was Rs. 5,788.46 lakh for the quarter and Rs. 10,582.31 lakh for the half year.
- 'Profit/(loss) for the year' was Rs. 1,527.18 lakh for the quarter and Rs. 2,594.73 lakh for the half year.
- Basic and diluted earnings per share (face value Re. 1 each) were 1.49 for the quarter and 2.54 for the half year.
- The joint statutory auditors' limited review records an unmodified conclusion.
The acquisition
- 51% equity stake in Drashti Surfaces Private Limited for an aggregate investment of ~Rs. 31.12 crore.
- Of this, Rs. 26,82,62,000 is for subscription to a fresh issue of 11,870 shares and Rs. 4,29,40,000 is for purchase of 1,900 shares from existing shareholders, totalling 13,770 shares.
- The entire investment is to be paid in cash.
- The proposed acquisition is scheduled to be completed on or before 90 days from the execution of agreements.
- No governmental or regulatory approval is required.
- The update states the transaction does not fall within related party transactions and no promoter / promoter group / group company has any interest in the entity being acquired.
What the company says it gains
- Drashti Surfaces is a manufacturer of laminates and veneer. The stated objects include expanding Euro Pratik's product portfolio with laminates and veneer that is in-house manufactured, and benefiting from Drashti Surfaces' established relationships with institutional and overseas customers, creating business synergies.
- Presence is described as across India, with exports to South-East Asia, the Middle East and Africa.
Target entity details as disclosed
- Incorporated on 02/08/2024; turnover for FY 2024-25 and FY 2025-26 is shown as Nil.
- Drashti Surfaces acquired the business undertaking of laminates and veneer manufacturing since 1st November 2026. Turnover of the acquired undertakings is given as Rs. 95,97,66,125 for FY 2023-24, Rs. 92,10,49,693 for FY 2024-25 and Rs. 1,07,48,03,086 for FY 2025-26.
Other item in the standalone results
- A note refers to a fire on April 26, 2025 at a godown in Bhiwandi carrying inventory of Rs. 3,359.44 lakh and property, plant and equipment of Rs. 10.78 lakh. The net loss on account of fire and reversal of input tax credit under GST on the loss of inventory, amounting to Rs. 788.79 lakh after considering the claim receivable from the insurance company, was classified as an exceptional item in the previous year. The surveyor has completed the assessment of the claim and submitted its report to the insurance company.
How to read it
- The results are unaudited but reviewed by the joint statutory auditors, whose conclusion is unmodified.
- The acquisition is a cash deal for majority control of a laminate and veneer business, which the company presents as an extension of its own product range and customer reach.
- The consideration, the share count split and the earnings of the acquired undertaking are the numbers to track against future disclosures.
51%Equity stake acquired in Drashti Surfaces
10,333.27 (Amount in lakh)Revenue from operations, quarter
Profit before tax, latest quarter3,473.35 (Amount in lakh)
Profit after tax, latest quarter2,619.49 (Amount in lakh)
Profit after tax, year-ago quarter2,269.16 (Amount in lakh)
Profit after tax, quarter2,004.86 (Amount in lakh)
Also from Euro Pratik Sales
Investor presentation for unaudited Q2 and half year results ended 30 September 2026
6 Nov 2026
Euro Pratik Q2 FY27: wall panels 55.5% of revenue mix, EBITDA margin narrows to 31.4%
5 Nov 2026
Euro Pratik to acquire 51% of Drashti Surfaces for ₹31.12 crore, adding own veneer and laminate manufacturing
5 Nov 2026
More numbers
- Aggregate investment for 51% stake in Drashti SurfacesRs. 31,12,02,000/-
- Equity stake acquired in Drashti Surfaces51%
- Consideration for subscription to fresh issue26,82,62,000
- Consideration for purchase of shares from existing shareholders4,29,40,000
- Total number of shares acquired13,770
- Turnover of acquired undertakings FY 2025-261,07,48,03,086
- Standalone revenue from operations, quarter ended 30.09.20265,429.62 lakh
- Standalone profit/(loss) for the year, quarter ended 30.09.20261,527.18 lakh
- Total income, latest quarter11,900.21 (Amount in lakh)
- Total income, year-ago quarter9,734.11 (Amount in lakh)
- Total income, previous quarter10,582.93 (Amount in lakh)
- Total comprehensive income, latest quarter2,623.76 (Amount in lakh)
- Total comprehensive income, year-ago quarter2,285.38 (Amount in lakh)
- Total comprehensive income, previous quarter2,042.32 (Amount in lakh)
- Profit after tax, latest quarter2,619.49 (Amount in lakh)
- Profit after tax, year-ago quarter2,269.16 (Amount in lakh)
- Profit after tax, previous quarter2,004.86 (Amount in lakh)
- Revenue from operations, latest quarter11,572.91 (Amount in lakh)
- Revenue from operations, year-ago quarter9,656.45 (Amount in lakh)
- Revenue from operations, previous quarter10,333.27 (Amount in lakh)
- Profit before tax, latest quarter3,473.35 (Amount in lakh)
- Profit before tax, year-ago quarter2,954.23 (Amount in lakh)
- Profit before tax, previous quarter2,625.63 (Amount in lakh)
Source: BSE · 5 Nov 2026
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