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A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.
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Revenue
₹80 Cr
verified against source
Revenue YoY
7%
reported change
EBITDA
₹34.6 Cr
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Euro Pratik Sales reported Q3 FY26 revenue of ₹80.4 Cr (+7% YoY), below the industry growth rate of 18-20%, primarily due to construction bans in North India that postponed ~5-10% of sales. However, EBITDA margin expanded sharply to 43.1% (+660bps YoY), driven by operating leverage and a favorable product mix. PAT grew 17% YoY to ₹23.6 Cr. Management guided for 25% YoY revenue growth in Q4, supported by a recovery in North India, the consolidation of Euro Winner World (acquired Dec 2025), and new product launches. The company maintains a 40%+ EBITDA margin target. Risks include execution of the M&A integration and potential volatility in raw material costs.
Colored figures show movement against the previous available record.
Guidance to track
- Management guided for 25% year-on-year revenue growth in Q4, including contributions from the Euro Winner World acquisition and recovery of postponed North India sales.
- Management expects EBITDA margin to sustain in the 40% range (plus/minus 2-3%), consistent with historical performance.
- Target to add 12-15% more channel partners each year, expanding into rural and tier-2/3 cities.
- Joint venture with a Hyderabad-based firm to launch 300-400 SKUs, with initial investment of ~₹2 Cr.
Risks flagged
- Pollution-related construction bans in North India caused a 5-10% sales shortfall in Q3; while lifted, recurrence could affect future quarters.
- Analysts questioned the organic vs. inorganic growth breakdown; management's explanation of inter-company eliminations was unclear, raising concerns about transparency.
- Asset-light model relies on 36+ contract manufacturers; any disruption in quality or supply could impact operations, though management cites multiple suppliers per product.
- A fire in Q1 FY26 caused a loss of sales, which management acknowledged but did not quantify; recovery may be slower than expected.
Key quotes
- We are a bottom line driven company and we will also focus on the top line and for the bottom line we are pretty confident.
- Our fast fashion approach to wall panels and laminates is driven by continuous product innovation, rapid design cycles and market-led development.
- We want to remain in the bracket of around 40% plus minus 2-3% that's the endeavor of the company.
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