Euro Pratik Sales Q2 FY26 results: net profit ₹22.69 crore

How did Euro Pratik Sales perform in Q2 FY26?

Euro Pratik Sales reported consolidated revenue of ₹96.56 crore for Q2 FY26, up 49.6% from ₹64.53 crore in Q1 FY26. EBITDA rose 39.3% to ₹30.80 crore from ₹22.11 crore, but EBITDA margin declined by 2.4 percentage points to 31.9% from 34.3%. The quarter had no exceptional item.

Consolidated net profit was ₹22.69 crore, up 144.0% from ₹9.30 crore in Q1 FY26. Profit attributable to owners was ₹22.95 crore, compared with ₹9.69 crore, while basic EPS rose 136.8% to ₹2.25 from ₹0.95. PBT increased 118.2% to ₹29.54 crore from ₹13.54 crore, and the PAT margin increased by 9.1 percentage points to 23.5%.

On the standalone basis, revenue was ₹109.01 crore and net profit was ₹21.4 crore. A year-ago comparison was not provided for the consolidated results, while the previous-quarter comparison was against Q1 FY26. The board approved the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2025 on 5 November 2025.

What do the balance sheet and cash flow show?

As of 30 September 2025, Euro Pratik Sales reported total assets of ₹322.49 crore and total equity of ₹266.82 crore. Borrowings were ₹5.3 crore, while cash stood at ₹9.22 crore. Inventories were ₹77.02 crore, trade receivables ₹115.35 crore and trade payables ₹15.14 crore. A comparison with the previous balance-sheet date was not provided.

For the first half of FY26, operating cash flow was ₹19.3 crore, investing cash flow was negative ₹24.89 crore and financing cash flow was ₹0.83 crore. Capital expenditure was ₹0.89 crore. The company did not provide a corresponding year-ago cash-flow comparison or closing cash figure for the period.

What did Euro Pratik Sales' management say?

Management said the company was acquiring 51% of Uro Veneer World for Rs. 76.5 cr, including Rs. 10.2 cr of capital infusion, and expected the transaction to close by 16 December 2025. It said the acquisition was fully funded from internal accruals. The company projected Uro revenue of Rs. 115 cr and PAT of Rs. 21 cr by FY27, valuing the acquisition at approximately 7.5x forward PE.

Management said the acquisition would shift Euro Pratik from a B2B model towards B2C, with direct engagement with designers and architects and elimination of intermediaries. It said Uro brought access to 3,500+ designers, 2,800 contractors and 150,000+ consumers. The company targeted 10-12% annual distribution-network growth and growth above the 18% wall-panel industry CAGR.

Management said Uro’s FY27 EBITDA margin was expected to expand from 20.69-22% through procurement synergies, supported by Euro Pratik’s 36 contract manufacturers. It also said consolidated PAT margins were likely to decline because 100% of revenue would be consolidated while only 51% of profit would accrue to Euro Pratik. The company said it was targeting ROCE preservation rather than absolute margin.

Management identified synergy realisation and overlap between its South India distributors as risks. It noted that 26% of 180 distributors were from the South and that city-level management would be required. The company also said a conservative acquisition payback period was 6 to 7 years, while growth drivers and lower procurement costs could reduce that period. No specific analyst questions were recorded.

How did Euro Pratik Sales shares react?

The filing appeared after market hours. From the price when the results appeared, the stock rose 1.3% after 5 minutes, 1.2% after 15 minutes and 2.3% after 30 minutes. On the reaction day, it closed 0.2% lower than the previous close; by the next day’s close, the cumulative move was negative 1.3%, and by the fifth session it was negative 2.9%.

The Furniture Home Furnishing industry’s other stocks recorded a median move of negative 0.3% on the reaction day, negative 2.9% by the next day’s close and negative 0.6% by the fifth session. Euro Pratik Sales therefore moved 0.1 percentage points above the industry median on the reaction day and 1.5 percentage points above it by the next day’s close, before moving 2.3 percentage points below it over five sessions. No earlier results-day moves were provided.

How did other Furniture Home Furnishing companies do?

Six other Furniture Home Furnishing companies filed results for the quarter. Their median revenue growth was negative 5.7%. Four of the six companies reported higher profit. The peer data did not specify how many other companies grew slower or faster than Euro Pratik Sales.