Designs, sources, and distributes decorative wall panels and laminates under the Euro Pratik and Gloirio brands, with 30+ product categories and 3,000+ designs. The 9M FY26 revenue mix was wall panels at 66.5%, laminates at 26.9%, and allied products making up the rest. Production is outsourced to 36+ contract manufacturers in India, South Korea, China and the US, so the company does not own factories but does invest capex of 16.8% of revenue, primarily into warehousing and design infrastructure. Distribution runs through ~190 distributors across 138 cities, 25 states and 6 union territories, supported by 1,84,162 sq ft of warehousing in Bhiwandi, Chennai, Delhi and Bangalore. It holds a 15.87% revenue share of India's organised decorative wall panels market, per Technopak. Growth actions include the December 2025 acquisition of a 51% stake in URO Veneer World (South India B2C), the FY26 acquisition of a 51% stake in Chawla Brothers (North India), and a new Hues Ply Decor JV in Hyderabad. The business runs with a debt-free balance sheet. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Wall panels (67%), Laminates (27%), Allied products. Asset-light, distribution-led decorative interior surfaces
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 335 |
| EBITDA (ex other income) | 105 |
| margin % | 31.4 |
| Owners' profit | 77 |
| EPS, as reported (₹) | 7.54 |
| ROE % · ROCE % | 24.1 · 32.1 |
| Debt / equity (x) | 0.04 |
| Cash from operations | 41 |
| Capex | (56) |
| ₹ crore | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|
| Revenue | 65 | 97 | 80 | 93 | 103 |
| Profit before tax | 14 | 30 | 34 | 27 | 26 |
| Net profit | 9 | 23 | 24 | 22 | 20 |
| EPS (₹) | 0.95 | 2.25 | 2.28 | 2.07 | 1.84 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SHEELA FOAM LIMITED | 7,553 | 35.2 | 2.32 | 18.5 | 4.9 | 5.0 | 9.4 | 12.7 |
| WAKEFIT INNOVATIONS LTD | 5,136 | 28.6 | 4.54 | — | 16.7 | 6.8 | — | 17.8 |
| RESPONSIVE INDUSTRIES LTD | 4,612 | 45.5 | 2.96 | 19.1 | 9.5 | 9.2 | 13.0 | 13.1 |
| EURO PRATIK SALES LIMITED ◆ | 2,597 | 30.1 | 8.10 | 22.9 | 24.1 | 31.2 | — | 28.2 |
| STANLEY LIFESTYLES LTD | 773 | 190.4 | 1.64 | 7.9 | 2.8 | 2.3 | — | 23.0 |
| HARDWYN INDIA LIMITED | 449 | 35.4 | 1.11 | 20.9 | 3.3 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Analyst and Investor Meet scheduled for 18 September 2026 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Newspaper ad about 17th AGM notice and e-voting info | compliance | minimal | — | — |
| 29 Aug 2026 · AGM notice for Sept 22, 2026 with dividend note and related party deals | board shareholder meetings | low | — | — |
| 29 Aug 2026 · Notice of 17th AGM via video conferencing on Sept 22 | compliance | minimal | — | — |
| 25 Aug 2026 · Distributor and Dealer Meet from Aug 29 to 31, 2026 at Ritz-Carlton, Bangalore | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Q1FY27 Investor Presentation: Revenue up 60%, PAT up 116% YoY | investor communications | medium | — | — |
| 10 Aug 2026 · Q1 FY27 results: net profit more than doubles YoY; new Independent Director appointed | management changes | medium | — | — |
| 10 Aug 2026 · Q1 FY27 results: highest ever quarterly revenue, PAT up 116% YoY | compliance | low | — | — |
| 10 Aug 2026 · Q1 FY27 Results: Consol revenue up 60 percent, PAT more than doubles | results | high | — | — |
| 10 Aug 2026 · Q1 FY27 results: consolidated revenue up 60%, PAT more than doubles | results | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 4.6 |
| — |
| 13.1 |
| PRITI INTERNATIONAL LTD | 46 | 59.5 | 0.64 | — | 1.2 | 1.7 | — | 8.6 |
| AHLADA ENGINEERS LIMITED | 45 | — | 0.33 | — | 0.1 | 0.2 | — | 13.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 30.1 | 35.4 | 2 of 7 | 83% |
| P/B | 8.1 | 2.0 | 8 of 8 | 0% |
| ROCE | 31.2 | 4.8 | 1 of 8 | 100% |
| ROE | 24.1 | 4.1 | 1 of 8 | 100% |
| Debt / Equity | 0.0 | 0.0 | 5 of 8 | 43% |
| EBITDA margin | 28.2 | 13.5 | 1 of 8 | 100% |
| Revenue growth | 60.1 | (12.1) | 1 of 7 | 100% |
| Profit growth | 115.7 | (53.6) | 2 of 7 | 83% |
| Market cap | 2597 | 1685 | 4 of 8 | 57% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
