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Euro Pratik Launches Canfor 2 & Chisel 2026 Wall Panels Priced at ₹120-₹150/sq. ft.
Euro Pratik Sales Limited has expanded its product portfolio by launching two new wall panel collections, Canfor 2 and Chisel 2026, aimed at the affordable premium segment. The new products are priced competitively between ₹120 and ₹150 per sq. ft. and are available through the company's extensive network of 180+ distributors. With a 16% market share in the organized wall panel segment, these launches leverage Euro Pratik's asset-light model and 36 contract manufacturing partnerships. The move is designed to capture increasing demand for personalized and sustainable interior design solutions across 116+ cities.
Key Highlights
Launched Canfor 2 and Chisel 2026 wall panels priced competitively at ₹120–₹150 per sq. ft.
Canfor 2 range introduces 70 new designs and color options inspired by cork, metal, and marble.
Euro Pratik maintains a market share of over 16% in India's organized wall panel industry.
The company utilizes an asset-light business model with 36 contract manufacturers and 180+ distributors.
New products are eco-friendly and recyclable, targeting both residential and commercial interior markets.
💼 Action for Investors
Investors should track the volume growth resulting from these affordable product launches, which could strengthen the company's market leadership. The success of these ranges will validate the company's ability to scale its asset-light model through its vast distribution network.
Euro Pratik Q3 FY26: PAT Rises 17% to ₹23.6 Cr; EBITDA Margins Expand to 43.1%
Euro Pratik Sales Limited reported a 7% YoY revenue growth to ₹80.4 crore for Q3 FY26, despite construction bans in North India impacting sales. The company demonstrated strong operational efficiency with EBITDA growing 26% YoY to ₹34.6 crore, leading to a significant margin expansion to 43.1%. Net profit for the quarter rose 17% to ₹23.6 crore, supported by a robust 42.2% sales contribution from South India. Management remains optimistic about Q4, citing the integration of URO Veneer World and the recovery of postponed demand from the North.
Key Highlights
Q3 FY26 Revenue grew 7% YoY to ₹80.4 Cr, while 9M FY26 Revenue reached ₹241.5 Cr, up 14.3% YoY.
EBITDA margins expanded significantly to 43.1% in Q3 FY26, driven by operating leverage and a focus on bottom-line growth.
South India emerged as a major growth driver, contributing 42.2% to the total Q3 revenue to offset North India's slowdown.
The company integrated its 51% acquisition of URO Veneer World starting December 2025 to strengthen its B2C retail presence.
Decorative wall panels remain the core segment, contributing 66.5% of the total revenue for the nine-month period.
💼 Action for Investors
Investors should monitor the sustainability of the high EBITDA margins and the recovery of North India sales in Q4. The company's shift toward the organized segment and its asset-light model make it a strong play in the interior decor space.
Euro Pratik Reports 15.87% Market Share and Expansion to 3,438 SKUs in 9MFY26
Euro Pratik Sales Limited, a leader in the organized decorative wall panels industry with a 15.87% market share, released its 9MFY26 investor presentation highlighting its asset-light business model. The company has expanded its product portfolio to 3,438 SKUs and 3,000+ designs, supported by 36+ contract manufacturers globally. Revenue for 9MFY26 is dominated by decorative wall panels at 66.5%, with South India contributing the largest regional share at 42.2%. The company continues to leverage its dual-brand strategy (Euro Pratik and Gloirio) to target upper-middle and luxury segments.
Key Highlights
Holds a 15.87% market share in the organized decorative wall panels industry as of FY23.
Product portfolio grew to 3,438 SKUs in 9MFY26, a significant increase from 2,810 in FY23.
Operates an asset-light model with 36+ contract manufacturers across India, South Korea, USA, and Europe.
Distribution network spans 138 cities with 188 distributors in India and 2 in Nepal.
Revenue mix for 9MFY26 consists of 66.5% decorative wall panels and 26.9% decorative laminates.
💼 Action for Investors
Investors should focus on the company's ability to maintain its market leadership and high ROCE through its asset-light manufacturing model. Monitor the success of recent international expansions in the UAE and USA as potential long-term growth catalysts.
Euro Pratik Q3 FY26 PAT Rises 17% YoY to ₹23.6 Cr; EBITDA Margins Hit 43.1%
Euro Pratik Sales Ltd reported a 7% YoY revenue growth to ₹80.4 Cr for Q3 FY26, supported by a robust 26.1% increase in EBITDA. Profit After Tax (PAT) grew 16.9% YoY to ₹23.6 Cr, although 9M FY26 PAT remains 9.2% lower than the previous year due to earlier performance. The company achieved significant margin expansion, with EBITDA margins reaching 43.1% compared to 36.5% in the same quarter last year. Strategic moves include the acquisition of a 51% stake in Uro Veneer World and the launch of several new product series to drive B2C growth.
Key Highlights
Revenue from operations grew 7% YoY to ₹80.4 Cr, despite a 16.8% sequential decline from Q2 FY26.
EBITDA surged 26.1% YoY to ₹34.6 Cr, with margins expanding to 43.1% from 36.5% in Q3 FY25.
PAT increased 16.9% YoY to ₹23.6 Cr, maintaining a strong PAT margin of 29.4%.
Acquired a 51% stake in Uro Veneer World in December 2025 to enhance B2C market scale.
Launched multiple new product lines including Canfour Series, Decolite, and Leatherlite to refresh the portfolio.
💼 Action for Investors
Investors should focus on the sustainability of the high 43% EBITDA margins and the integration of the Uro Veneer World acquisition. The company's asset-light model and market share in the organized segment remain key strengths.
Euro Pratik to Form 51% JV Hues Plydecor LLP for ₹10 Cr Southern India Expansion
Euro Pratik Sales Limited has entered into a Joint Venture agreement to form 'Hues Plydecor LLP' to expand its surface decorative products business into Southern India. The company will hold a 51% stake in the new entity with a total contribution, including loans, of up to ₹1000.00 Lakh. The board also approved the financial results for the quarter and nine months ended December 31, 2025, and re-appointed internal auditors for FY 2026-27. This strategic move aims to establish a stronger presence in the Hyderabad region and the broader Southern market.
Key Highlights
Formation of a new Joint Venture 'Hues Plydecor LLP' with 51% ownership by Euro Pratik.
Total investment and loan contribution capped at ₹1000.00 Lakh (₹10 Crore).
Strategic expansion targeting the surface decorative products market in Southern India.
JV partner identified as Mr. Srikanth Mundada and nominees based in Hyderabad.
Completion of the JV formation is expected within a timeline of 3 months.
💼 Action for Investors
Investors should view this as a positive growth step into a new geographic market; monitor the upcoming financial results for specific margin impacts from this expansion.
Euro Pratik to Form South India JV with ₹10 Crore Investment; Re-appoints Internal Auditors
Euro Pratik Sales Limited has announced a strategic joint venture with Mr. Srikanth Mundada to form 'Hues Plydecor LLP' for expanding its surface decorative products business in Southern India. The company will hold a 51% controlling stake in the new entity with a total contribution of up to ₹1,000 Lakh. Alongside this expansion, the board approved the Q3 FY26 financial results and re-appointed M/s. D N A & Associates as internal auditors for FY 2026-27. This move marks a significant geographical diversification for the company's core business.
Key Highlights
Approved formation of a new JV, Hues Plydecor LLP, to target the South Indian decorative products market.
Total investment contribution for the JV is capped at ₹1,000 Lakh, with Euro Pratik holding a 51% stake.
The JV formation is expected to be completed within an indicative timeline of 3 months.
Re-appointed M/s. D N A & Associates as Internal Auditors for the upcoming financial year 2026-27.
Approved Un-audited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025.
💼 Action for Investors
Investors should view the South India expansion as a growth catalyst and monitor the JV's progress over the next two quarters. The controlling stake in the new entity suggests Euro Pratik will consolidate these operations, potentially boosting future revenue growth.
Euro Pratik to Form 51% JV "Hues Plydecor LLP" with ₹10 Cr Investment for South India Expansion
Euro Pratik Sales Limited is strategically expanding its footprint into Southern India by forming a new Joint Venture, Hues Plydecor LLP. The company will hold a controlling 51% stake in the JV with a total investment commitment of up to ₹1,000 lakh (₹10 crore), including loans. This move aims to capture market share in the surface decorative products segment in new geographies. Additionally, the board has approved the financial results for the quarter ended December 31, 2025, and re-appointed internal auditors for the upcoming fiscal year.
Key Highlights
Formation of a new Joint Venture 'Hues Plydecor LLP' to target the surface decorative products market in Southern India.
Total capital contribution including loans for the JV is capped at ₹1,000 lakh (₹10 crore).
Euro Pratik will hold a majority 51% stake and control in the newly formed entity.
The board approved the unaudited standalone and consolidated financial results for Q3 and 9M FY2025-26.
M/s. D N A & Associates re-appointed as Internal Auditors for the financial year 2026-27.
💼 Action for Investors
Investors should view this expansion into the Southern Indian market as a positive growth driver and monitor the JV's contribution to the top line over the next few quarters. The controlling stake ensures Euro Pratik maintains strategic oversight of the new operations.
Euro Pratik to Form 51% JV 'Hues Plydecor LLP' with ₹10 Cr Investment for South India Expansion
Euro Pratik Sales Limited has announced a strategic Joint Venture (JV) with Mr. Srikanth Mundada to establish 'Hues Plydecor LLP,' focusing on surface decorative products in Southern India. The company will hold a 51% controlling stake with a total investment commitment, including loans, of up to ₹1000.00 Lakh (₹10 Crore). The board also approved the financial results for the quarter and nine months ended December 31, 2025, alongside the re-appointment of internal auditors. This expansion is expected to be completed within three months, marking a significant push into new geographical markets.
Key Highlights
Formation of 'Hues Plydecor LLP' as a 51% subsidiary/JV to target the Southern Indian market.
Total investment commitment in the new JV is capped at ₹1000.00 Lakh (₹10 Crore).
The JV aims to carry on the business of surface decorative products with a 3-month completion timeline.
Approved un-audited standalone and consolidated financial results for Q3 and 9M ended December 2025.
Re-appointed M/s. D N A & Associates as Internal Auditors for the financial year 2026-27.
💼 Action for Investors
Investors should monitor the execution of the Southern India expansion as it represents a significant growth initiative. Review the Q3 FY26 financial results to assess the company's current performance and margin stability.